Tips like these are really needed by newbie like yourself, If you really are a newbie in the forum, But anyway even though these tips are really obvious for certain people in the community keeping yourself reminded by them are also great and will not let you get in a wrong side of regretting and panicking when the price goes pumping or decreasing,
But practically if the price fall the newbies will still be panicked and anxious even though we already told them, but maybe they will slowly understand the meaning of this tips.
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This can be like a two-eyed knife to Bitcoin, on a side his entry into this venture we will likely see a new all-time high being manipulated by him, but as I mentioned earlier that he has entered the market and he manipulated it, well no one forbid anyone to invest Bitcoin, even the government.
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I think a lot of people around us has told us that Bitcoin is a FAD or a SCAM or a Ponzi scheme. Some of our closest relatives have told us to SELL before the BUBBLE will burst. {guess we hear that enough?} The media is telling everyone that Bitcoin is the tool of criminals and terrorists and child pornographers and paedophiles. Most of these people are not invested in Bitcoin, but it looks like they are looking for reasons to attack it. How many of you want to prove them wrong? I sometimes look at these people and I think... WTF are you on about? I seldom bring up the subject anymore, because everything coming out of their mouths are negative. The only time when they are interested, is when the price hits a all time high. Then they want advice to invest in Bitcoin and when they buy at the ATH, and the price drop with 10%, then they panic sell....lose money....blame Bitcoin. I am sooooo sick of this. I hope we can finally prove them wrong in the near future, because this is definitely getting under my skin now. Well, why listen to those who see with just an eye and follow public opinion from an unknown source, wherever and whatever happens these skeptics will be always there, they will comment on something but don’t know what they're talking about, so we don’t have to worry about it and there's no benefit paying attention on them.
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Regulation would be great to prevent consumer losses or even money embezzlement, this will narrow the scammers and criminals. Regulations can also provide security when joining the ICO, if anything happens then we can file a complaint to the regulatory authorities to follow up on that matter, the legal process also will be easier if the regulation has been made.
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Actually what is happening in the crypto market is nice in the long run. Its just that the speculations around the currency have been wide and varied. When the market stabilises, the prices will be bringing nice profits to the investors.
Right. I am sure, those who managed to invest into Bitcoins and altcoins when the market was down, will be the winners. Yes, good point. The most will be gained by those who bought as the price fell. Now the need for patience and for sure they will have good profit from this. And the moment when bitcoin’s price decreased can be our opportunity to buy and add our BTC although there are some people disappointed and panicked see the price fall and sell it. If we are good at taking advantage of this moment it could benefit us in the next months if bitcoin’s price rise again.
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I just stop looking at bitcoin price. It hurts me actually, that's why I took this decision. I am holding few of BTC and I will not look at my wallets too for 2 months. I hope after 2 months when I will go to see bitcoin price, maybe I will scream happily. What about you guys? Yes, it seems that for few months Bitcoin’s price will keep falling but it’s also possible that this month is the last month of the Bitcoin’s correction period. This dip is worsen by the FUD spreaded by large media, like Bloomberg’s post a few hours ago https://www.bloomberg.com/news/articles/2018-04-09/bitcoin-seen-popping-like-the-greatest-bubbles-by-bofa
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I would like to ask for your advice, I have $3000 USD. and I am confused, what should I do with my money?I have an idea, I will participate with ico, and I will invest each $200 USD in each of the ICO.What do you think? is it a wise choice? or better I invested all my money for one ICO? I would like to know your opinion on this subject
Make sure you understand what you are going to do or what you are dealing with, don’t take any reckless action. First, study every ICOs you are interested in, find one suitable for you and then allocate it according to your calculations. I think it's better to focus on 1 ICO than to put your money in many places, because your mind and focus could be disturbed or even mixed between one ICO with another.
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i have 0.5 btc on my hand but the problem is btc is falling day by day its hits me in my heart like a spike cs i buy this btc on 12000$ now im in loss of 5000$ it has fall onto 7000$ what shoud i do? should i keep it???
Keep it, don’t sell Bitcoin when the price is down like this because it’s a loss. Bitcoin is just taking a break for a moment after a shocking rally at the last new year, after several months Bitcoin will be back to climb up the price chart again. At first you really have intended to invest, which you should be ready to lose the money you invest, so keep HODL.
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A few months ago I read an article about India wants to create their own Cryptocoin, and the project is run by the government. So this might related to it, or maybe India wants to prevent losses and manage the regulation of Cryptocurrency further like some countries do.
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Let's suppose that for some reason the supply of potato drastically decreases all around the world. Does that mean that people will pay 10.000 dollars for a potato or give up their cars just to get a potato? Of course not. This is because the utility of consuming a potato - the want-satisfying power of a potato is much smaller than that of a car or of 10.000 dollars worth of goods or services. In other words, from the mere fact that the supply of something is limited it does not follow that the price will soar.
In comparison to a potato, Bitcoin is not even a physical tangible good that can be used for satisfying human wants or needs, and its only utility is that it functions as a medium of exchange. So, just because Bitcoin supply is limited, that does not mean its price will rise. People will NOT pay enormous amounts of money just to have a medium of exchange function, especially if this function is equally available whether the price of Bitcoin is 1 cent or 7.000 dollars, and if this function can be realized with various alternative cryptos or fiat money.
Dependency cannot be eliminated just like that, there must be people who want to pay with equal price to use it. Especially about Cryptocoin, so many altcoins so the users are scattered to various altcoins that previously incorporated in Bitcoin. Transactions between Coins are troublesome, aren’t they? Therefore the demand won’t be easily to break when the price is high and the supply is also become lesser.
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