I don't think how the cryptocurrency works is close to a one big ponzi scheme. Both works differently and you earn money in a different way. And cryptocurrency is a proven source of money. While ponzi schemes are manage by huge scammers.
I like what you said, the believe is yet to be notified that bitcoin as a whole has really made many people rich today. I am not exemptional I have gain alot in Cryptocurrency and more to be gain. Let's not just keep believing crypto is a Ponzi.
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See let all you online today don't make u believe Cryptocurrency is a Ponzi scheme, I believe you have got ideas the beginning of Cryptocurrency and till date it's still standing strong in other hands why people will think it's a Ponzi is because they definitely don't understand how it works.
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I don't even intend to recommend any altcoin to hold for a long run, bitcoin, ETHERUM, Ripple, this are my own aspects of a good long run HODling I will have full believe that no matter the fall they will definitely get back many coin today don't last long.
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Patience is the hallmark in Cryptocurrency. I could remember when I start with AirDrops in the form of Making some cool cash online and I definitely have to endure delays and also hold tight my TOKENs never to sell them off when its like the market wants to fall apart.
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Good one and I will pass this to some folks not to miss out on it. I believe it will turn out great in future. I believe to get access to the whitepaper soon to get more information about the platform.
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Definitely missed out this AirDrops due to lots of schedules, and I see great potential from it. I really recommend this project. Too bad am getting this late.
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I definitely came Across this some days back, I think the idea is welcomed and it should turned out a great project. I will definitely look through the whitepaper for more information.
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These are really good reasons and features you must possess when trading. You must be conservative and must remove emotions when you are trading. All those features are needed
And also most, learn how to never look back in every trade that is been executed, in the sense that if your other trader sold higher than you and you found out and you then feel regret why you sold so soon.
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Top reasons that leads to fail in trading Being emotional. It's hard to control your emotions especially once prices go down and you see all your money go down the drain. The panic seller's attempts to cut losses has only hurt them more in the process and makes them end up losing even more. Unfortunately, FOMO takes over and this is what kills the newbie traders. Using your emotions will probaly lead you to lose everything.. Drifting through the wind. chasing the ones that are already pumping, which is very risky. You bought when the price is still high then price dropped and you are holding a bag of expensive coin. Don't put all your eggs in one basket. Diversity. Diversify your investments so if one falls, other investment may help you to recover. For best in the trading field you need these 5 things to be added in your check list, as all these five things are pillars of success here in the trading. 1) Solid Trading Strategy 2) Trade Plan 3) Money Management Skills 4) Reasons for Entries and exits. 5) Journal, News
P.s I have quote some people words from my last topic
I really love this post, it really made me remember when I was having my trading lectures my mentors will always say I should never put all my eggs in one basket and I will be like what's the eggs, which in a layman language it means never put all your investment in one particular coin.
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when we are especially learning by our-self then guidance from professional trader is really helpful i was lucky that i found a pro trader and e helped me a lot
Same thing goes to me when I first learnt how to trade, that's around 2017 and 2018, I could remember the little funds I used for the start, definitely had no professional trader to help me with it, it was all me doing the reading interpret the charts and all that.
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When I started trading, I had no idea on charts and market sentiments but I decided to also benefit from the Pro traders as they move the market.
First of all, note that the market has mainly three sides, bull/green (short or long term), sideways, and bear/red (short or long term).
If you're an inexperienced trader like me, don't look at the sideways and red markets. Always wait for a green market (and it happens at least once every month). During that time, set a little target (say 10%-20%) you can even make more if you follow a good coin. Enter the market and take your profits.
Wait for the next round (probably a month a later)- you can keep your money in a stable coin, and by the end of a year you could make (10-20%)x 12 on your money.
Don't try trading everyday if you're not a PRO, they'll squeeze your money from your hands lol...and also never try catching tops and bottoms of you're not a PRO, they'll squeeze it once again. (remember you may be dealing with bots).
Merry Christmas (if you celebrate) and a Happy New Year to y'all.
Is a good advise not to trade everyday if you ain't a PRO but many newbies don't really wanna take it nice and slow. In trading we don't rush it there are many things to put in mind when embarking for trading.
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A certain disillusionment is affecting the crypto-active markets, while Bitcoin prices are flirting dangerously around $4,000. Since the record set in December 2017, its value has fallen by 78%, causing the American economist Nouriel Roubini, Bitcoin's well-known opponent, to say that "the mother of all bubbles has now burst". To say that he is going through a difficult period is a euphemism: it is no secret that a crypto winter has been installed. Nevertheless, Bitcoin's history has shown that every time he was promised death, it emerged stronger.
In traditional finance, a crash is generally defined as a fall of at least 10% in a single session. For Bitcoin, the volatility is such that it is not interesting to count them as it is customary to observe such variations.It is preferable to focus on correction periods, named after these more or less sudden downward movements, stopping a general upward trend, affecting assets that are probably overvalued. They may lack fundamental reasons or simply obey a profit-taking by investors. Here are all those that have exceeded 30%.
The worst correction observed occurred between November 2013 and January 2015, causing Bitcoin to lose 87% of its value in 411 days. This collapse is similar to the one currently underway, but 2014 was also marked by the bankruptcy of MtGox, at the time the world's leading trading platform (nearly 80% of flows). Many users had lost access to their Bitcoins, throwing a great wave of pessimism into the area. Nothing to do with 2018, as favorable news from Wall Street is accumulating.
The question now is how far will the 2018 correction go? Can it go to zero?
In the case of a company, even if it is bankrupt, the value of its walls or machinery prevents it from reaching this threshold. For Bitcoin, you have to ask yourself what its core value is. What value can this have in Europe? Almost nothing, given that our banking system works relatively well. But the question must be asked differently in other parts of the world, such as Venezuela, where Bitcoin is increasingly being used to escape hyperinflation in the bolivar (the IMF expects +1,000,000% over the year). In Caracas, it is perceived as a store of value and a way out of an authoritarian state.
Bitcoin's weakness lies in the effectiveness of its protocol, which allows you to send value online without the need of a trusted third party. The level of his course is ultimately of enormous importance.
I came to know this recently and it gave me a good believe that no matter how it keeps dying it's keeps coming back strong and big many won't understand now but in due time we will all know that bitcoin is really a strong coin.
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Hi All, I have been in cryptocurrency since 2014 but last 3 years I took a break from it. I had high hopes how it can change the financial world. I would like to get back into it but first I would like to find out what is cryptocurrency today. Is it just a trading commodity, long term investment or is it (very very very) slowly replacing fiat. I know there are many companies and small shops that accept cryptocurrency but is that it? Is the problem still about the speed of a transaction Please help me catch up a little ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) What you are seeing today is basically what has been going on fiat won't replace Cryptocurrency, bitcoin is down today due to its nature and other Coin follow its lead. Is not all about the speed of transaction everything is working fine is just due to FUD around that makes things look different.
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Definitely as long as we, proceed Cryptocurrency is something that will continue further and generations unborn will get to know about it. Other words crypto is great in my own perspective. And we have many newbies coming up and every day we learn.
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In my own point of view I believe we don't best coin for a long run, most coin we believe to do great turn out to fail as we proceed in near future.
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I can make use of paxful, Luno and remitano I believe in American all this are available to access. I really enjoyed using Luno which is quiet reliable and smooth. For a couple of years now I trust Luno.
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Cryptocurrency is a maturing market and it is here to stay. Believe in Crypto. Belive in its tech.Not only the unbeaten king it's definitely the overall in side of Cryptocurrency era. We should all believe in bitcoin because it has really stand up very strong than Other coin out there.
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Newbee here. Please guide me.
Which is more profitable in the long run, Crypto trading or online betting ?
Trading is preferable to betting on a long run you be the one to manage your capital, regardless to that you get more pretty good ideas from professional traders around the world on like side of betting, you might ended up loosing it all if you by in any means make a slight mistake. Well we do have legendaries who are great in betting but in the side of trading is a good catch for newbies.
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I am working on fleshing out an article to document 100 ways to earn BTC and other Crypto... I have already found many ways (faucets, airdrops, gambling) etc. The issue I am finding now is how to vet these options to weed out scams and time wasters. I am reaching out to community to find out if anyone has had any experience with any of these apps and if they are legitimate or ?? Also please note any good options to add to the article that I may have missed. Thanks~ Introduction Have you ever dreamed of working from home or any remote location in world while earning income for only a few hours a day? If so, earning Crypto may be a viable option for you. Benefits of earning Bitcoin Why earn bitcoin? Time freedom Location independence Skills not mandatory Ease of payment Financial freedom 100 Ways to Earn Bitcoin in 2019 Website Translation service. - Translate website to your local language for bitcoin. Various fiverr gigs that pay in bitcoin. - fiver.com Github bounty gigs. http://github.com/(yourfavoriveproject) - Search issues for "Bounty" tag Data entry services that pay in Bitcoin - (find site) Coding gigs that pay in Bitcoin. - upwork.com Social media gigs that pay in Bitcoin. - Bounty programs. - freecoinhunt.com Crypto Blogging - Write articles, get rewarded for upvote. - publish0x.com Crypto Blogging - Write articles, get rewarded for upvote. - steemit.com Freelancing - cryptogrind.com Freelancing - ethlance.com Freelancing - whattomine.com Purchace processing - purse.io Crypto Exchanges - Crypto Bank - revolut Currency Trading - robinhood.com Become a builder - blockgeeks.com/guides/solidity https://litecoin-faucet.com/ You can get some at www.bitcoin.com for free using the faucet. You could try to earn/win some here, free to play - https://5secondmoviequiz.com Earn Bitcoin Cash by watching videos and reading articles. - xHoneyBadger.com BonusBitcoin. FieldofBitcoin. FrogFaucet. CoinCollecting. CrownFaucet. PentaFaucet. BattleBitcoin. DailyFreeBits. MezzaBank. Free-Bitcoin. faucetplus treasurebitsbtc claimfreebtc ibittown coins4claim konstantinova mrbtcfaucet getyourbitco winbtcnow mazenbtc bsfreeheb zandeybtc obitmanbtc faucet4claim easy-coin xalyavabtc free4claim ourfaucetbtc dungmakbtc cointalkbtc bitcoinlifebtc rivayzbtc forthtrade faucetadsbtc bitcoiners btcdrizzle satohost gamefaucetbtc tcyfaucet vivacoins coinpou mybitfaucet claimcoin24btc btcsafari dealerbitcoin heydigcoin free-faucetml dutchybtc ownbitcoins ketapang freebitmine xrhfaucet coinxfaucet bonus-konus faucets.cloud homebtccf siguranposao bonbit nintendo-switch.trade galaxyfaucetbtc brokenaf btcfaucetsite microfaucethubclub unlimited-coinbtc btceasy-money sunshinebtc amber-btc Other bitcoin faucets can be found here: https://www.investinblockchain.com/best-bitcoin-faucets/ Earn Bitcoin Or Ethereum by selling products and things you no longer need on Forra. Lightning Tasks Allows you to Earn Bitcoin for Completing Micro Tasks - https://btcmanager.com/lightning-tasks-bitcoin-micro-tasks/ Earnig Sites - Purse.io - https://purse.io/ways-to-earnOut of the hundreds of ways to earn bitcoin which is the safest and none stressed way definitely all you listed are cool in my own view but the best sure way is to invest on most good and genuine project by buying them cheap and sell them high in future. Secondly Bounties are another source of earning bitcoin.
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Menhn this is really outrageous, I visited their twitter page this evening and I get the error message that the page is restricted this has really proof it to be a scam after all.
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