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even if many countries collaborate and create anything it will have no effect on crypto. it's just that the effect on the price is reasonable. but for other sectors maybe crypto will still exist it's just that there are new competitors. but the question is very unlikely for many countries to collaborate to create the idea
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number 1 most obvious reason. beginners only think short term if they can get what they want fast. and they are willing to dive into bitcoin with their kitchen money with no experience. In addition, the market hype push makes them more passionate and uncontrollable. this is what causes newbie to easily lose in bitcoin
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newbie don't think long term trading. they only think about how to profit quickly and get rich in a short time. this is what causes beginners to always lose in all situations, I see the lack of experience and learning from beginners to be the initial factor why they lose any amount of money
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I often experience things like that selling at low prices in just a few hours or a few days at high prices. and now I'm learning if I have to be diligent in holding longer because the pump will definitely happen and we have to get profit
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The worst mistake in trading is that I am eager to make big profits. where I already made a profit of $1500 within 5 hours, but I was so eager that I lost and lost $1500. that's my worst experience where in trading it's not allowed to be greedy and have to control emotions
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Currently I have $109,750 in Bitcoin and $60k in alts.
I'm thinking of getting a loan to buy more alts now and more as Bitcoin goes down. The loan would be from my family and interest free. If the value of my cryptos drop I'm willing and able to wait up to five years to break even.
However, I could use some opinions first. What do you guys think I should do?
with your assets of $109,750 you can add to your collection of altcoins or bitcoins without having to look for a loan source. You can take advantage of your daily profit or monthly profit and manage for additional profit. so why should there be a loan if your assets are already producing |
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I now use Binance more for trading. because there are some features that support in my country. Besides that, Binance's security is the best, because I store assets on Binance and so far it's safe and secure
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Reason 1: You are in control of your own money - government overprint cash which devalues the dollar, but big influential people and institutions can devalue Bitcoin with a single tweet. Bad news, issues with mining, and other things out of your control can devalue Bitcoin.
this is the weakness of bitcoin that probably not many people know. The influence of the great man is very clear. at this time we can only see the positive side of bitcoin without realizing the negative side |
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For almost a full day I pay attention to the price of bitcoin, and still survive around the price of $33000. I don't see that there will be a significant change to go up. Will you still survive the market conditions like this? Confusing.
for myself it still persists. bitcoin increase or decrease does not occur within 24 hours. it may take weeks, months or years. if you just watch all day and decide to sell I think you have a loss |
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I hate with Citizen finance project because they not pay for bounty campaign, I joined about four weeks signature bounty there but not any payment until one month bounty ended. I see this project is good for coin growing up from $2 become 20$ last day and have chance touch higher price again when bitcoin raise up today, but still waiting when payment for bounty campaign sending.
sometimes behind the success of projects and controversies there is someone behind the scenes suffering. Many projects that don't consistently pay out for just a reason. maybe the citizen team can make payments on time so that the cotizen tokens can get a positive image in the public |
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altcoins are good for investment. but you have to be good at selecting from the thousands of coins that are there you should try to choose a few coins that have the potential. because in cryptocurrency everything is full of risk. don't just use altcoins without analysis because it will risk losing
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BTC, ETH, BNB and LTC. those are some of the coins that I think are worth and the best to invest so far. the coin has been tested and has been proven in the public as long as the cryptocurrency exists this is very good
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This kind of thing is usually done by amateur traders. they are not determined by analysis but based on emotional logic. this is very detrimental and must be completely eliminated, so in my opinion it is trading in a healthy way and good calculations
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This is my own opinion and sorry if I'm wrong.
looks like the doge team and elon musk like a collaboration to be able to become controversy. where doge has a high price increase and elon musk has the advantage over tesla.
looks like this has been designed. sorry if my statement is like a fantasy
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ethereum to die? don't think it will happen. I think it's impossible and I think ethereum has the potential to have significant upside in the future. so don't expect ethereum to die. because it will never happen
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when bitcoin experienced a significant increase and was supported by many parties, you still said if bitcoin was legal or not? or bitcoin is good or not?
So this is the explanation bro, for legal or not bitcoin matters, currently there is no institution that guarantees it, it's just that every country has its own regulations.
and for bitcoin good or not? depending on the person using bitcoin for what. because what we know right now bitcoin will be good if used for futures investment or trading.
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the potential for xrp is still there today that's why many people keep buying xrp, i think xrp is not a lowly token that has no potential. xrp has good potential but maybe xrp potential is not as big as ethereum or BNB which is certain that xrp can provide profit to anyone who has xrp
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that's the importance of being able to analyze before following a project. because what we know now in following a project requires an understanding of the project, so it is pure negligence from the participants
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If you think about it right now the competitor for the real Ethereum killer is BSC. we see now BSC is starting to show great performance to be able to compete with ethereum. while polka dots do not have any development.
but it is not strong enough even the BSC is not able to kill ethereum compared to polka-dots. it's just an issue
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