I have been in this cryptocurrency business not long ago,roughly two years now and there are a whole lot of benefits i have derived from becoming a member of the platform. I am crypto addict and always love to talk crypto.
You are a lucky investor and success in investing in crypto currencies in my country has not been fully formalized by the government as a valid currency so for use it cannot be reasonable Don't think it as a big deal, it soon your country will accept and even legalize crypto. Still there is a numbers of country were not formally accepting crypto but I do believe there is a room for that and I ma think that your country leaders were looking that also. Who knows, they'll also an investors and they might pursue it in the future. |
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Relying on people's decision is bad ,it will be better to try as much as possible to learn how to detect good coins and tokens to invest in and as a matter of fact you might get better at it and detect something others aren't able to detect ,learning won't hurt
Not bad mate, OP just trying to gather some ideas what coins do people are invested. Just of what I did before, I'll keep asking for my friends and they enlighten up of what should I do. It is just supposedly OP wanting for, but of course we do our own decision and giving some consideration of the others advice and for sure it could be a way for the success. |
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There are lots of coins and tokens being created on a daily basis, but not all of them get listed on exchanges let alone on an index and some are created as more a hobby for geeks or enthusiasts whereas others are created for professional purposes such as startups who want to launch their own utility or security token or community driven projects that want to launch a new innovation so determine what types you find most interesting and avoid the ones that aren't useful
As crypto evolves, some companies tried to create also their own coin for utility purpose which is not really beneficial to us. Of course investors won't invest them if it won't be applicable to their area. Now it came into the point that, for the huge numbers of coins in the market I may think that only 50% were just serve for its purpose and the others are just nonsense. |
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Experiences is our great mentor. You are not the only one who failed in trading. Try to join some discord groups who are offering and sharing some useful tips , strategies and informations you all need in trading. Also, there are so many topics here in forum that will enlighten your mind about trading.
Experimenting is way better than experience, because as a beginner traders will not be having good experience in trading. Slowly they need to experiment with small funds understanding the market. Only with this way it is possible to gain experience along with learning about the market. When one finds success with small funds automatically can move to bigger funds. But it could be better to follow the others strategy for the start and learning from them. You're right, start with the small fund and gradually increase later as a way of learning and finding effective strategies. Failure is just a part of being a trader but don't think it as the end of our life in crypto, indeed it is a learning experience and made us to open-up our minds. |
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Everything begins with learning the process, even dealing with banks or any payment process you need knowledge on how to work with and make a process succeed, cryptocurrency indeed needs more informative advertisement helping newbies to understand the process.
But with emerging technology and great innovations, this digital currency can work alongside with any other types of currency.
As we look forward for its used and the main purpose of its creation. As this new system innovations, we certainly think that crypto will serve as a big role for this new generation and it really yes. Thus, it needs time for new adopters to learn the system and fully understand how it works, and what could be its possible used in the future. |
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Day trading has a lot of risks if compared against mid-range or long term trading. We can't predict the price for short term as even after we buy the coin, it might start dumping and in such situation we might always need to hold the coin until we see it rising again. Day trading is meant for extremely volatile coins with high trading volume. Research is always needed if we tend to have profits. Investing randomly in any of the coin for day trading will only give loss.
Though we consider that it there is a lot of risk but we are gaining much than for a long term trader that's because the price keep moving and every single fluctuations we usually take advantage on it. Long term trader is safe for possible losses but we don't know if that certain coin will move high than of your buying price not unless for Bitcoin and some potential altcoins. |
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Currency failure generally occurs due to the type of hyperinflation, and there is always the potential for technical failure, currency competition, political issues and so on. As the main basic rule, there is no currency that can be considered very safe from failure and difficult times. so is it possible that bitcoin can become worthless?
If we have worldwide calamities that can disable internet connections or even shut down all gadgets and electronic devices then thats the time bitcoin and other cryptocurrency will be worthless. Other than that, i cant think of any reasons. So there's no way this could happen. Such a calamity would make millions of people die and you'd be one of the lucky ones to be alive and still have a roof over your head. People wouldn't be worried about not having Internet or access to their bank account. They would be trying to stay alive and keep their families alive. Nothing is important to than of the family, even though if we don't have money but at least we are in together. Bitcoin won't lost its value and becoming dead even calamities arise cause we are not the only one holding this. How do people think that the world would end and vanish everything that's impossible. |
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sometimes after we take a long break and come in again, it's like getting a good mood and being able to win bets, I've done that.
You confused with beginner's luck here,it is not going to bring any fortue for us when we returned to gamble after long break.You might have enough money to gamble more after long break which may increase your chance. Only if we are lucky enough to win. I'm afraid if we just loss all of the money we have configuring the fact that we put into our mind that we have a lot of money to spend in gambling and not even realize how much we loss. The time that OP have taking its break, it somehow he could realize that addiction won't give a wonderful endings instead, its just a nightmare. |
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Sometimes I also hope to use bitcoin as an initial goal, which is to become a currency
even though I used my crypto currency to buy some mining machines.
but I did it online. because this country's government regulations prohibit making bitcoin to be used as a legitimate financial transaction.
actually there is no intimidation for you to use bitcoin for currency only, anyone can use bitcoin for anything, isn't that a function of decentralization? dont need to force people to only use bitcoin as a currency, after all whatever they do, it will certainly add to the bitcoin market crowded right? It actually bitcoin will be used as a currency and that is really the intention of its creation but it turns into investment for the main time that crypto isn't accepted as a form of currency. But I do believe that from the time it comes, people will this and consider bitcoin as another form currency just like of fiat. |
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Thailand has proven that blockchain technology is very useful. they use this technology for general elections.
a little more advanced than other countries. Blockchain is the technology of the future.
I saw that information too but I don't think they have actually used it but they are setting it up and would first test it in a smaller scale election like a university election or any related to that to scale it before fully introducing it. You can read more of it here; https://www.google.com/amp/s/www.ethnews.com/amp/thailand-to-introduce-blockchain-based-votingBut nevertheless, I think is decision is simply the best, election needs to be free and fair in states. We really don't know if it works smoothly cause as far as we knew, blockchain technology is used only for money transfers but having it used for woting system I'll be in doubts. Anyways, it all about development and once it proven that blockchain technology will be useful into some other things then it much better. |
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In other words, all investments are risky and all of them tend to fall. Whatever you choose, there are circumstances that it is not 100% safe. A good and wise investor has a back up plan whenever such storm and trials came and tend to mess with the investments.
That is why we should prepare for anything might happen to our investment. Yes, all investment were risky and much be more risky in investing crypto. We experience a lot of declines but it fight the surge and can manage to brought back into high. Every fluctuations affects our investment and so we need not to connect with our emotion cause it sometimes we feels bad. |
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The market seems to be recovering slowly and there's been a big increase in volume lately but I won't take it as a sign that we are leaving the bear market.
This is the right approach, in this market you need to remain a skeptic, not to fall into another trap, you need to act for sure, so you first need to see the beginning of the bullish trend and then spend money Crypto market is always a trap to those who aren't understand the market but if who are knowledgeable with, it surely a huge opportunity to start with. I may suggest for noobs wanting to invest in crypto, see to it that they have knowledge in this and tried to understand the market behavior or even understand that we are capable enough to adjust any changes occurs. Cause if you'll not doing these, better not to put your funds at risk. |
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I suspect the price of the coin will continue to rise, but when it experiences an increase it still cannot be predicted, maybe in 2019 this will still increase but not significantly. still need a long process,
The pumps we have now will simply give us some insights that there will be a huge recovery with the market, not exactly we know when but at least we know some possibilities for its hopeful bounce back. But we can't expect for instant recovery or even thinking that it will be the same of 2017 event. Getting satisfied of what it give to us. |
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I've saw a lot of topics regarding market recovery for this year and mostly all of us were thinking positive and even looking for bull run happens.
We are still in the way of speculating the incoming and we aren't sure what would be happen few days from now either we soar high or drop hard. But the market today signifies that we have a good market today and this simple pumps will may lead for bull run.
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HOLDING is actually one of the most terrible idea especially if you dont study the project so well i remember holding almost 500$ and then turning into actually nothing at the end of the day with the devs complaining and blaming the bearish market so just know what to actually Hodl
That is how we supposedly to think that keep holding isn't the best option for this volatile market cause in the first place we don't even know the right timing for pumps and mostly were ended into a sad story of holding. It only good for holding if you have invested with Bitcoin or the leading top 10 coins in the market for new coins, its just nonsense for me cause I'm a victim also and its a learning for me. |
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On the one hand, I perfectly understand that the price of $ 9000 is actually a trifle for Bitcoin, bitcoin is capable of much more, but until the fate of cryptocurrency is decided at the highest levels among the representatives of the world government at all, even this low price can prove to be difficult to achieve.
We are in the good rally for now, crypto is were looking great since many companies are open and accepted cryptos as a mode of payment. This could bring another pumps in the market since it will increase in demands but we can't deny that isn't that easy to climb up high cause of its volatility. Anyways, we are still in the 1st quarter and definitely a lot of thins and fluctuations happen before end up this year. |
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To the best of my knowledge, I really don't know if there is a precise time for which an ICO should last. I have participated in several ico with varying periods, some lasted for 1month.
If you are a bounty hunter, better to look its cover period before participating cause it is usually stated by BM in the OP. If you don't see anything or just like TBA (to be announce), then its up to you to participate with them or else skip that campaign and look for another. Its all about our choice and finding good ICO, if that is worthy for our long spend time with them, then why not? |
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I both agree and disagree, Because As you know, before was no one controlling Bitcoin. but now due to futures and leveraged exchanges bitcoin can be controlled.. Suddenly they can reduce the price by 100%. and again they can increase the price $ 1000. Am I right?
I think you are talking about market manipulations created by whales. They are not controlling the market but they'll have the power to make some hypes which makes prices moves high but in few days it will turn dump again. It is obvious how people adopt the system and it makes this things not in a delusion anymore. |
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Make trading and do some campaigns, sometimes play, but you must bear in mind that you must be very cautious, especially in games and trade. Sometimes it is very advisable to read trade books, speculators and investors, they in their books give very good advice that helps to better understand the market.
Mining is out of sight from last year. People are now focusing majorly on the trading and some in the campaign as well. If people can learn the art of trading it can become a permanent lifetime earning opportunity and can make money. I don't think mining performed lowly last year, I believe alot of people mined last year cause the price of Bitcoin was kind of high then. So they could probably gain more. This year though, I think mining will reduce cause the price of Bitcoin is cheaper compared to last year. Most miner will purchase more Bitcoin than mine it this year and hold them to resell when it price pumps again. This means mining isn't good for now, it due to low market price and through also their numbers existed today. In this case, many will switch into trading while waiting for the rising back of cryptos. It is such a good choice rather than to be in gambling but if we want free money, of course will do participate signatures and bounty campaigns. |
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-----BEGIN BITCOIN SIGNED MESSAGE-----
This bitcoin address is owned by Distinctin, UID=798218. Signed on 8th day of March 2019
-----BEGIN SIGNATURE-----
15QhcPqZBT7AMmUHQhRqT45qjJ9AaLrS4e
INgnqEjjT1fT2k2VoCdbMqlbKO96+jB5flwzvkc+Hk/CDLA5U818MB3b7Leo57KWcTnDYptLzwebjXc2HEMyZOk=
-----END BITCOIN SIGNATURE-----
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