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Investing in solid companies in the stock market is also a relatively safe approach especially for larger amounts.
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I don't know man, it looks like XRP is being backed by bankers. I think this will be huge.
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For the time being, of course Bitcoin is still at the top. It being famous is the main reason why this is so. It's not really the best performing Crypto in terms of payment platforms.
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Please only hold if you think you can handle the paper loss. Otherwise cut your losses immediately and wait for prices to bottom out and establish a support level.
I 100% agree. Someone I know held a certain coin while it plunged down and gave him a 30% loss. He hoped and hoped, but ended up letting go since it got only worse after 3 months.
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hardware wallets are safe, but are too damn expensive for me. I currently use online wallets on my phone as well.
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Using online wallets for now as my BTC isn't that much. Eventually will move to hardware wallets to keep them safe.
Me too. I don't really trust my coins in online wallets I see news that they frequently get hacked or 'encounter a technical issue'.
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To be honest, I still look at the news from time to time, but sometimes, I am disappointed with their lies.
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The answer is a plain and simple 'No". It may seem like a good sub for BTC since it forked off of it, but BTC is just simply too popular and used by thousands more.
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While Bitcoin is doing exceptionally well for now, projecting its performance 10 years ahead is just too far out. At least for the next couple of years, I see Bitcoin performing well as more businesses should adapt to the technology.
I totally agree with you and couldn't have said it any better. In my own opinion, Bitcoin will perform well for at least the year 2018. The thing is, many things good or bad can happen within a single year.
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Very correct. Altcoins have greater risk factors than Bitcoin since the latter has already dug a solid foundation with a whole lot of people invested in it.
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Nobody can really answer your question here. I bet you're only looking for a confirmation or would like to hear what you want to hear. The blunt truth is, no one really knows.
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I see the possibility of a massive head and shoulder forming on 3h Bitfinex chart. If it's happen, BTC could find a support at the 12k area in the next hours/days
12k is kinda deep, but if it's a H&S pattern, it does have some probability to go as the pattern dictates.
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I'm really starting to worry that Bitcoin will no longer be able to deliver what it has promised a few months back.
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I'm a bit skeptical here. Is their marketing good or does Spectrecoin have an edge over other coins?
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Day trading is so risky that some traders don't even attempt to do it as a means of making a living. The larger the time-frame the safer your money.
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1. Read books, watch videos and webinars, make friends with those who know how to trade. 2. Make your own system based on YOUR OWN experience. 3. Stick to that system and never factor in the advice of other people.
Each of us has our own style in trading. Most of the time, it won't make us efficient by copying other trader's style.. It makes us dependent.
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I'm more inclined to think that these countries are just used to ban anything which can potentially threaten their position and power, and this is the main reason they are so negative toward Bitcoin.
I couldn't have said it any better. They have nothing to gain from Bitcoin as it can not be regulated by any law which means it won't fill their pockets.
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Definitely agree to the above post. Same thing applies to new comers who have never seen first-hand BTC or ETH prices in the past. All they see now is that it keeps going up with news all over saying it's going to keep doing so.
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I'm thinking Bitcoin being as secure and widely accepted as it is, would be the Global reserve currency. Dash is pretty convenient, so I have no issues with it being used for payments.
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