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I think the key to success in crypto is not greedy. I always sell my coins when my coins have increased by 30% - 50%. then I will take advantage and invest. when the price goes up again I will sell and when the price goes down I will hodl. I prefer to take a little profit but certainly can. rather than waiting long with uncertain profit.
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I am really interested in this question. And you might be surprised, but I came here not only for money, but on the first place I put the feeling that I can do something important. Cryptocurrency world is not a teaching, medicine or life guard area, but i am a strong believer that every person should do something important for him, his family and friends and for other people as well. So I am thinking of becoming some kind of cryptocurrency consultant or something like that. But I understand that in order to achieve this goal I need to have a perfect portfolio and to become a highly qualified professional myself. I am ready to hard work for years, but i want to know how much time will I need? One year is not enough but what about three or four years? Will it be enough? What do you think? Thank you very much and good luck with your business.
it all depends on yourself. if you study hard and spend a lot of time then you will become a crypto expert in a short time. but besides learning hard we also have to be experienced. and that takes time so it might take 3 years to become a professional investor and be successful in crypto. |
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because women prefer to care for their bodies and beautify themselves. they are not too interested in technology and investment. women also panic easily using feelings so it is not suitable to become a crypto investor. while men have a more calm, logical, non-feeling way of thinking. so men dare to take risks and invest in crypto. and men also like to learn new technology. so it is not surprising if there are more male investors than women.
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I think not because the economy of a country involves many things. if a country adopts bitcoin the country's economy will not immediately stabilize. Bitcoin can only benefit investors and users. if in one country there are many people who become bitcoin investors, maybe the economy level of the citizens will increase.
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of course we have to do research seriously before joining the ICO project. and we can also listen to suggestions from people who are more experienced in the ICO project. usually they know which project manager is honest and not. we can make this as a reference. if we do not want the ICO project that we are following to be a scam, then we really have to work hard to find information and conduct research before joining the ICO.
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in my opinion, with the rules, bitcoin will be more developed and successful and can prevent the use of bitcoin for criminal acts such as money laundering and drug purchases. regulated by the government is the process of bitcoin transactions rather than going up and down in value or the amount of bitcoin circulating. so that bitcoin remains decentralized but has rules for the use and bitcoin investors to be more secure and comfortable.
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I think last year was the year that the correction of the bitcoin value dropped to $ 3000. and at the beginning of the second quarter of this year the value of bitcoin began to experience an increase of up to 14%. this is a good start after the market has been bearish for 1 year. and I think until now the market has not been stable. Bitcoin prices are now $ 5000 but that can still change suddenly. hopefully this year the value of bitcoin can reach $ 10000.
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I don't think we will go to the moon this year. maybe we should wait another year until the bull comes. I often read articles that bulls will come in 2020. And I think this year is the year of bearish market recovery that happened last year. so there's no harm in now starting to buy more coins and waiting 1 or 2 years to reach the top.
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of course we must always be careful in joining or investing in the ICO project. and always conduct research and read carefully the ICO project whitepaper. because until now there are no tools or institutions that can select ICO projects so we have to do our own research. this is the risk we must face when entering the world of cryptocurrency. but don't give up there are still many honest and successful ICO projects.
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in my opinion it's better to take profits now and then invest again. I would rather take a little profit but often than I just wait and continue to hope the price will be even higher. this will make me greedy and when the crypto market doesn't turn out as expected, I'm disappointed and sorry. so it's better to sell profit it will be better.
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there is no reason to hate or reject cryptocurrency. cryptocurrency and blockchain technology is a breakthrough in technology that is very useful. bitcoin was the first crypto made by satoshi in 2008 during the global crisis. Satoshi provides an alternative currency that continues to grow and provides many benefits. so that I will always support and like cryptocurrency and blockchain.
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yes I agree with you if both can walk together (crypto and fiat money) why do you have to remove one. both can support each other and the government should make a rule so that cryptocurrency is not used for criminal acts. some countries have proven the use of bitcoin and fiat money can make their country progress. like Japan and the United States.
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I have seen the price of bitcoin is very high and has exceeded 15000 $ for one bitcoin, and now the price of bitcoin is under 10,000 $ and maybe this is my chance to buy bitcoin as much money as I have and hope to get enough profit for my economy in the future.
am I wrong with this step?
You are not wrong. choose bitcoin for investment tools is the right choice. and buy bitcoin when the price drops also the right action. but we never know when bitcoin will skyrocket again. so before investing in bitcoin we must analyze and prepare to accept all risks. because the crypto market cannot be predicted to rise and fall suddenly. so we must be patient waiting for the bull to come. and get maximum profit. |
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I never thought bitcoin would end because I am sure in the future there will always be people who use and support bitcoin. Bitcoin is the main and most valuable currency in cryptocurrencies. so even though one day there will be 21 million coins. I think it will still be a valuable coin because everyone likes bitcoin.
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yes it is a risk that we must accept when holding shitcoin. but don't regret making it a valuable lesson. to be rich with cryptocurrency we must have a lot of experience so that in the future we will choose the right coins. and indeed we can't hold shitcoin too long. for long-term investments the best choice is bitcoin and ethereum.
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yes this is good news. more and more companies and institutions such as taxes can accept bitcoin as a means of payment. it will make the news about bitcoin even better. if the news about bitcoin is positive it will affect people to buy and make the price of bitcoin increase. this also proves that every year more and more companies are using bitcoin. and make bitcoin more popular.
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I think it's too fast to say this is the beginning of a bull run. because the increase experienced by bitcoin was only 17% and bitcoin had experienced a decline even though only a few percent. and now the value of bitcoin is in the range of $ 4500 - $ 5000. maybe if bitcoin has gone up at a price of $ 10,000 continuously we can say bull run. Let's wait, hopefully this year will be a good year for Bitcoin.
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yes you are right in cryptocurrency we must not believe and depend on others. we have to do research and make our own decisions. so if we suffer losses we will not regret or blame others. every decision will be a lesson for us. so that success or not in the cryptocurrency is determined by yourself.
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yes I think that is a risk that we must face when entering cryptocurrency. but I am optimistic that a lot of learning to do research will make us experienced and will be careful in making decisions. although many projects are scam but there are still successful ICOs. and I think cryptocurrency remains a good investment choice.
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of course I need cash to be able to buy my daily needs. because in my country bitcoin is illegal. may not be used for payment instruments. for now bitcoin in my country is only used for trading and investing. but it is possible if the mass adoption of cryptocurrency is realized we will switch to using cryptocurrency in conducting daily transactions. maybe ten more years will come true. this is only a prediction.
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