maybe the time will come as our country is a cashless society.For me it is also okay to be cashless society because of less hassle especially paying for bills, especially when you in travel. the cashless society also has disadvantages especially those not yet using technology. And I also think that the paper money in our country is not going to be lost because people are even more accustomed to it, especially those who are struggling to find gadgets and the internet.
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Safe trading methods are first know which trade are moving. You can see what coins are active, monitor it. If you know that it was good to trade then ride with the flow. By that you can have little by little of profit. It doesn't matter if its big or not as long as you are generating profit. But if you see that the value is getting low and the flow is getting slower, maybe you can hold your trade and wait for it to normalize the flow. By that will never lose your coins.
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I think bitcoin is safer to hold than cash beacuse, you dont have to bring physical money on you when you want to purchase something. Also it will prevent other from steeling you because they will not get any physical money on you. Also you are the only one who knows your pin so they will not have any access on how much you have.
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I think it's hard to predict the price of coins because it still depends on investors and users.
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for me not to manipulate the price of bitcoin, no one knows if bitcoin value will increase or decrease. it still depends on the volume of bitcoin buyers and sellers nationwide. value of Bitcoin is unpredictable.
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How much is it dangerous to hold bitcoin? Of course, the bitcoin is very risky, since no one can tell if it will raise or lower the value. If you have a lot of funds, you have to pay for the long investment.
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What do i have to learn in trading is that you should know when and where to trade your coins. When you notice that the flow of market is moving or getting pump meaning the movement is getting higher then that is the right to trade. Getting along with the flow is getting a much more earnings. But when the movements gets slower or getting low, maybe you should hold your coins first and wait for it to pump again. Patience in trading is a must in order to gain profit.
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patience and holding are the merits or requirements of a trader to be unlucky or to have a higher profit.
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I dont think that bitcoin can reduce corruption. Politics have the power to manipulate everything, so if they saw that they can earn or benefit from it, they have the power to pass a ball stating that every transactions specially in bitcoin they should have a cut on it. It would be a complex process but in the end they can still gain benefits from it.
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Maybe I can say that it is better to buy bitcoin when the price is low because once the bitcoin getting higher the value you have instant big profit right away.
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yeah I can really compare the value of bitcoin to roller coaster because like roller coaster sometimes its going up and down, as the value of bitcoin is not stable sometimes high and sometimes low.
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The difference between bitcoin and real money is that real money are in the forms of physical money where in you could use it in a day to day basis like buying in any store or establishments. While in bitcoin you can use it to purchase online. You cannot use it in purchasing instantly to use the item, you have to wait for it to be delivered on your house. One thing the price of real money is more stable than the value of bitcoin.
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I can not say that the bitcoin can lose value because since 2009 until now people are more familiar with it in the Philippines that almost all the world knows about bitcoin so it will be more recognizable as it lasts and takes longer of people because we know or they can be of great help to our daily needs.
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My trading strategy is if i know that the flow is good then i ride on it. I buy and sell orders as often as i can to maximize the flow of trading. If i know that it is going slow i hold some of my trade. I just trade less and if it gets dump, i hold my orders. I just wait for it to get high or observe it the flow is good again.
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For me trading is beneficial because of this I have had extra income for my daily expenses for myself and my family. And also because trading is faster I can save for our future.
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Trading now a days are not that difficult, its just a matter of being patient and hard work. Be patient to trade, wait for the right time when or where to trade your btc so you could earn more. It on your own way to may your difficult ways to become easier specially on trading.
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Of course positive thinking brings positive things in our life in so many ways. For every positive thoughts our life become easiest and always in good vibes for every decision we made us.
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I think its not right to leave your full job in exchange of trading. You can do both at the same time, you have your break at the office or if you are doing field works you can also do some trading. It is good to have both, you earn a fix income in your job at the same time you are earning with trading crypto.
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If you want to trade without loosing, just be patient. Don't trade without knowing what you are trading on, if you know that the flow is slow then don't trade on big amount. If you know that it's is getting faster and it's getting high then that's the time you can trade more and more. When you feel its going down again and getting slow then try not to trade.Wait again for the time it gets high again.
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The benefit of saving it for a long time is if you bought it for a small value then you keep for a long time, then the value gets high, you were lucky enough to earn on it. But there is no guarantee that will always go high so the besf thing is to always monitor on the price movement then if you know that it is high enough then thats the time you can use your bitcoin.
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