This is Indeed a good one, Rome wasn't built in a day, very soon it will happen. There are already Mini instructions teaching cryptocurrency. This is a sign that it can happen in the main stream. I believe cryptocurrency and blockchain technology will one day be taught in the university .
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Its important to know that there will be always be reduction in prices in an unstable market, we should be prepared for cases like this by converting our coins to fiat or usdt. Sell all your coins ,convert the money to fiat and wait to see how far the reduction will go then you can buy back the dip. A good trader will always prepare some funds to buy the dip. You should only sell if you are converting to fiat or buying another coin that you think will rise and and bring more gains.
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Investing into cryptocurrency is a good thing but Investors need to learn alot. Some of the things to take note include: 1)- the returns can be massive. 2)-Liquidity 3)- Never invest what you can't afford to lose 4)-Transparency 5)- Security 6)- don't be greedy 7)- always do research before investing in any coins.
Always keep your wallet details safe and store offline.
Investing in cryptocurrencies involves taking risk. markets are volatile. moreso, they are still a great opportunity for anyone interested in investing. Treat them as you would any investment and please do your own research.
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That's a lot of huge now but not much back in 2011. Probably he could have bought back some bitcoin after 2011. There is no one to be blammed for losing access to your wallets. Let everyone know the value of what they have even when it's undervalued and keep it stored safely to avoid touching stories after some years.
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Everyday bitcoin is gaining popularity and many individuals and institutions are investing in it daily. With the believe that very soon it will be accepted generally as means of payment. There is no rush to this because its what will happen with time. But before then its price will continue to increase , so investors are holding what they have till it Worth's a lot more than one can imagine. Thus there will scarcity and price will increase.
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Thanks for this solid points, they are very true. Newbies to cryptocurrency should note it. Always remember that your loss is another trader's gain and vice-versa. Never be greedy, never allow exchange or third party to have access to your wallet, always do your research to learn more daily.
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Personally I do not have any regret buying bitcoin. I have known bitcoin since when it was 600$ per Btc. There has always been ups and downs to price movement and this will always happen. The regrets for many people is that they always FOMO to buy bitcoins and other coins when they are rising and when the price drops, they begin and dump it at a loss. This is a lesson for all traders to learn. Buy low and sell high.
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There are many bitcoin wallets that are good, but the best is blockchain.info .the website provides a wallet for bitcoin where you can secure it with email verification, SMS code verification, and 2fa verification with google authentication or authy. This I think is the best among the rest.
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Everything ends after death, you are no longer in control of anything in the physical realm. Its eminent that our we keep safe our private keys, password, should be written on a paper or dairy to ensure there is last opportunity for recovery of your funds in case you lose everything. These details will help to login again to your wallet and be happy.
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Factually anything is possible, but I can say that the government won't want to fight such battle. The SEC is doing every possible best to make sure that ICOs , exchanges are regulated to avoid innocent people from being scammed. When this is done, its going to put the govt in a place where they will receive some money from the project owners and exchanges.
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A cryptocurrency is designed in such a way that no one can control it. The blockchain technology is outstanding such that transactions cannot be recovered or traced for recovery. However, the banks and government cannot operate under such technology because they want to control everything. We are undergoing a transition from fiat to to general and global use of cryptocurrency. This is why the banks and government don't want it to stand.
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News is a major determinant in trading which can either cause increase or decrease in the price of a coin. Which is why people are always moved with news not minding if its real or fake. Sadly the media is staged to act things up and cause great effect in the market. Some cabals also decide to sponsor the publishing of fake news to this effect. Cryptocurrency has gone far and very soon all this petty manipulations will diminish.
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Trading is always about buying and selling, you can't just keep buying without selling . price must go up and come down base on many factors. Everyone is in to make money, and this can be done in different ways like investing in ICO, buy when low and sell when high, buy and hold for long term. All this actions involves buying and selling. Selling is inevitable in trading , just prepare for it and choose your right time to sell and take profits.
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Whales are individuals or institutions that possesses high amount of bitcoins that is worth billions. These people can cause a sudden increase or decrease in the price of any coin they move funds into or out of. They cause a great Change in the value of the cryptocurrency market cap when they move in or out of it.
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Investment rules says you should diversify your invesmtment. Never ever invest all your capital in one place. Investing all ones life savings is not a good idea no matter how profitable the opportunity might seem. Cryptocurrency is still growing, profitable and brings good returns in short and long term, the best idea is to store your coins in offline wallet of the coin, exchanges are good for purchase and trading, but we can never be too sure if anyone is above hacking. Binance and bittrex are good exchanges to buy or trade your coin of choice.
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Yes it is but, A criteria for following anyone's analysis or prediction is to be sure the person is a good trader and has a good past record of good analysis and prediction. Only this can save you from following pump and dump individuals or group. Another important things is that everyone should make consistent research about any coins you are holding . don't just invest and sit so you will always be informed.
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Patience is needed to achieve a long lasting success in cryptocurrency trading. You also need to learn the basics and rules of Trading, what you are trading, capital management, risk management, and try as much as possible to never let your emotions rule your actions. Sometimes there might be quick profit scenarios , but most times the highest gainers are the most patient investors that really understand why and what they are trading.
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Neo is a very good coin to hold for long term , it has its blockchain which other tokens can be hosted on, that's cool and a good reason to hold neo. Never panic sell no matter how bad the market might be, just hold and be patience. All you need is patience.
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I think each person will answer this themselves. We all have a reason for holding any coin selling it. Maybe because of gains, or you believe in the project to have a good future and so on. I believe there is a time to sell and a time to hold. Just find out these times and do accordingly
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Definitely buying at ICO is the best and gives cool profit in short or long term. Its important to know that all project will have ups and downs and a good project will always be good. Just DYOR and invest wisely. Whichever one you choose to do, make wise investments.
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