I am not worthy to give you advise regarding trading but i think the very first thing you have to do is learn the craft by heart. There were so many links here posted by some highly ranked members that were so useful for new traders just like you. Do ask questions to them personally. I strongly believe that they will help you in any way they could.
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For now i do not sell my coin until i do not need it because i am looking for huge profit in the future that is why selling bitcoin is not yet my priority. and i think much better to save right now because the price of bitcoin will going to increase sooner.
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Patience and Holding Are the basis of trade all time ; In view of cryptocoins and bitcoin price Between 2012 and 2017 We have 4 years It is a long time . So patience must be long for make profit.
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We should learn how to buy first. Then we will know how to sell them in the market. Research also the coins that you are buying if it has a potential to grow. Follow the news in crypto and learn from others. Also learn from your own experience. That's the way of trading.
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No it is not the end of bitcoin, with the recent drop in price, a lot of people are speculating that the end of bitcoin is about to happen, which is not true.we saw bitcoin rise in price from about $900 late 2016 to between $18000 to $19 000 in 2017 and in late December 2017 the price started to drop through into January 2018 , this actually does not signify that bitcoin is ending.
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Its good to invest. But to invest all your savings is quite risky. I think we still need to have a regular savings or I may call it as an emergency fund. Investments is risky and unpredictable. Its good to set aside something also so that in times of need you woudn't need to abruptly get your investments.
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I think Bitcoin is becoming more popular each and everyday. It's acceptance is increasing incredibly everyday. But Bitcoin still has to go a long way as it is only popular among the population of the world which has access to Internet.
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the future of paper money will be replaced by cryptocurrency, especially bitcoin. But now the cryptocurrency is being opposed and forbidden by the government. But I still have a strong belief that the next 10 years will be popular, replacing paper money completely.
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itcoin helps the people to earn btc, they couldn't have before since they are not employed. It opens opportunities to people who are eager to learn and earn afterwards so that they can pay their expenses or it could be to help their families through bitcoin. Thus, it reduces unemployment and on top of that they gain knowledge in bitcoin community.
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it is a gift so i would like to cash it out in the time someone gives it to me. its a gift and there is no way i will invest it and wait for better price because it is a gift it is like a kinda offend to the sender because you make her or his gift an investment. you must give also respect to him. but if the sender told you so, i would be nice.
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If we have a lot of money of course choose the type of investment is very important, never invest if we do not understand right. of all existing investments such as gold, stocks, property and mutual funds then it is time we select bitcoin, this is because the trend of bitcoin price increase will continue.
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Honestly at first i don't like bitcoin because i don't know it and think that it is a big scam.But after my friend introduce it to me on how he got big income of bitcoin and that is the start that my mind was change and got interest of bitcoin.And now i'm here and all i can see that i'm the number one fans of crypto coin specially the bitcoin.
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The best way to save money I think it is with the way invested because it is very useful and gave advantage for us, or in a way to buy a gold because of the gold very easy received wherever and whenever.
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Money is an abstraction used to settle debts. Notes and coins are physical representations of that abstraction regardless if they are made of gold or paper. The only reason gold was used as the material of choice is it had the desirable properties.
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if i were the decider of the merit source, and i have just one vote for turkish community, i am %100 sure that it can be mhanbostanci with his experiences and judicious character.
i think EFS would be reference for this.
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seems we have TWO economies running.A new rising Virtual world economy with no boundaries and the old real world economy with borders and laws. As the Virtual Economy grows and more and more participate a need for ONe virtual currency increases.A single supporting legislation on Such Virtual economy will also be needed.
I’m not a expert in technology (I’m a Virtual World Refugee) I don’t know anything. But biggest difference I see between crypto currencies and real world Paper / Metals is that the Cryptocurrencies are not subject to geographical boundaries nor affected by central bank interest rates changes - and easily outside of Tax.
The young folks and next generation are very comfortable and spend more time in Virtual Economy than the Real World. So I see this as a new empire but without borders. In old times when An empire started - the architect/ Engineer/ resources miners were in high demand / law enforcement/ armies - today I speculate that TECH sector wages are out pacing other sectors as they build this new empire - their law enforcement you can say are the System security / forensics experts / developers / miners / System database designers etc.
Virtual World vs Real World
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Oil is widely used in industry, so its popularity will not be greatly reduced. The price will also not fall to zero, because oil reserves are limited. Electric cars are popular, but before the disappearance of gasoline cars are still very far away.
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A dump can only a huge impact and will move the market if the bitcoin holder has sell huge amountof his bitcoin in a price like 1$ million worth of bitcoin that would definitely make the market crash but it is only typical for this kind of thing to happen if the user doesn't have enough trust in bitcoin those people with little faith would sell bitcoin but as far as we've nobody really has done it to sell all their bitcoin because they know that this crypto currency will have a huge value in the future that it might surpass fiat currencies and through the years bitcoin has gained thousands of supports even institutional investors and countries like japan started accepting it as a payment method, so nobody would really risk their bitcoin into selling it.
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Investing all your savings is your worst and most risky decision. Crypto is very promising but you shouldn't making all your eggs in one basket, that's very risky. So it is better to invest some part of your savings and keep the rest for the coming issues.
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It is impossible for the traders to have fixed income with bitcoin trading because the volatility or the movement of the price of bitcoin is not constant so it is not that easy for the traders to make profit with the same amount everyday because they need to analyze the market and find some good entry in the market to make profits but it is not that fixed income.
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