Yeah, unfortunately for the people that still don't understand about Bitcoin will more believe in media, so this kind of news can bring more people to stay away from Bitcoin and the worst is the media going to blow up this news to make crypto is a criminal coin
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It's not that people not believe it anymore, but they kind of waiting the right moment to invest again, most of the investors that invest in the peak are the beginner investors that want to used the bull market to make profit, so once it entered the bear market those people will lose interest, they just want to make a short term trading, while the pro traders still lurking around the market looking for chances to make profit and they don't lose interest at all, you can see the transactions volume of crypto still very high
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There are a tons of things that you need to think before you create your own ICO, you need to have a good and unique project so people are interested in using them, and you need team to distribute and do the marketing team, think thoroughly before you want to create another ICO, it's not that simple to create one coin
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That is a very good idea, it will be easier for us to buy things globally and no more worry about the currency when we travel far away, but if that happened it will be centralized, and the price fluctuation could become problem, and the government will need extra work to balance the price and usage between two currencies, it seems like a tough job an did not calculate and observe deeply, it can make the country's economic to fall apart
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Well the way of making money now is different with old times, the competition is harsh, and now is the era of using money to make more money, only few percent of people that able to rise from poor to rich, the one that need to be done are be creative about earning, always find fresh idea to make money, make opportunities from anything, hard working and perseverance
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Eth price has gone down very deep, the next time the price will be going up, just hold a bit longer you will get more profitable, the market now it's still recovering, if you sell now you will only get a little profit, just hold it for long term, don't be afraid eth is a strong coin, it's not going to dead easily
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There are some ground rules to not get scammed, don't click link that you don't recognize, always pay attention to the site address and it's a good idea to bookmark the site, and from my experience, used a different password for different site and always enable multiple layer of security, you need to be careful because the hackers are getting smarter
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I think there will be effect each time crypto facing the bad news, and I supposed India crypto users is quite little, but so seems like this news doesn't affect too much on the market, but actually we need every users that we can get to make crypto bigger and be able to be used globally, so no matter how small the users, it's such a shame that the bank need to take this action
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Bitcoin doesn't create any bigger gap for wealth person, in fact BTC is the one that going to narrow that gap, there are a lot chances to make profit from BTC and there are no limitation for anyone to invest in BTC, and Bitcoin is just a tool, it doesn't harm anyone to used it
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Yes, with the price that low in this day, it will be a perfect timing to invest in BTC now, BTC got a very promising and bright future, I know some will say bad things about BTC because the price already fall down for a long time and unable to get up, but if you pay attention to the price chart, BTC has been making a phenomenal rising, just compare the price in early 2017 and 2018 price, you will see BTC has been going up alot
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Yes it is possible, some of the coin still going up despite BTC price falling down, but because of the most alt coin need to buy from BTC then BTC price will also be impacted, but yes some whale could find a way to pump a coin without bothering the btc
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I think the future for traders is very good, the more you build your experience the more able you to know the market situation, a lot of people has a source of living only by trading, and I think with more option of coins that come out now, crypto traders will have more option to trade and traders are important aspect for crypto to stay alive
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No, Bitcoin and alt coins are a good currencies and investments but salary in crypto is not convincing for me, the market fluctuate a lot and sometimes the price could fall down severely, so no, and it will be hard to buy things using cryto, for salary we need something stable so we can manage our financial in a better way, and some guys in the interview is really bold by ready to accept salary in crypto, seems like guys are more willing to take the risk of accepting crypto
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The government banned all ICO because most of them were scammed the investors, and I think there is a bright side why ICO being banned, it will decrease the ico victim and cut the amount of alt coins that already too much in the market, and ico doesn't give any tax or advantage for the government, if ads about cigarette still have tax income for the country, porn is also legal in some country, but I never see child prostitution on the ads, if that ads appear then the government need to take action
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Yeah but not only eth that go down all of the alt coin also go down because of BTC price falling down sharply, in order to alt coin to go up , BTC price need to go up first, and there were no fud that cause eth price falling down, but the market still very unstable and there are not many investors put new funds into crypto
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Of course the timing of investing is important, don't invest when the price is high, especially when the price constantly going up, at that point there will be a major correction like now that already going on for quite some time, try to learn the market before investing and you could maximize your profit, usually the most appropriate timing is to buy when the price hit the bottom and ready to bounce, you can see this timing when you pay attention to the price chart
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No alt coins just started the journey and a lot of new ICO keep on coming out, if people think that crypto is the end then they won't bother to create new coin, but the fact that new coins keep coming out then the market for alt coins still good, but we already got so many alt coins that is why it's kind of hard to see the coin price go up, and this bear market is just temporary
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Each time when you want to have fun is the right time to gamble, market won't be a hurdke for you to gamble, just adjust your betting budget then it will be fine and consider the market fluctuate a lot it's already like gambling, so yeah this market uncertainty really pump me up to gamble
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I am still confused if I am a bear or bull. But I will not change my belief. Bitcoin will skyrocket to 100k within the next 2yrs. Alts will follow too. I have some funds now allocated to BTC, when price dumped to 3k or lower.
Yeah I agree, for now it's too hectic to keep on thinking about profit, the market movement is like crazy, nothing can be predicted,it's better to hold for long term, so people no need to worry everyday, and if all people stop spreading fud then the price could be better, and I don't really care about the price fall down under 3k ,I just know that I will get a lot of profit if I hold it long enough
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Yes maybe 7k could be the indicator to go up but the problem is the price went back again, and this already happened for few times, seems like the market is struggling to go up, maybe the market need to stay under 6k for a while then able to continue rising to higher limit
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