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When you see growth in bitcoin again and that is the time where you will hold more because that is a sign that the market is getting better again and a lot of people will come back in bitcoin because of the happy market. In growth, that is the time for the traders to sell their bitcoin and secure or take their profits and they are just watching the market and waiting for the dips to buy back again.
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Yes its true and even saw few people getting rich with bitcoins only. I also heard a lot of people become rich with the help of mining and trading. But still i say its all depends, on how peoples handle the process of mining and investing without loosing profit in trading. A lot of hard work required for it and nothing is easy here.
It is impossible for a trader to not lose any of his money even from the start of his trading because everyone loses in trading and it is not avoidable and you need to accept the fact that there will be a lot of times where the losses will be on you and you need to bounce back and wish for more profits so you can recover the losses and become even better trader. |
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This is just a classic strategy for bitcoin, they are just making bad news or fuds about bitcoin because they want the price to go lower and that is why a lot of people are now observing the market because most of them are already used to this and they know what to do next when there is fud and that is to buy from dips and hold it and sell it for a higher price for profit.
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I think Bitcoin is of course very safe, as long as your computer / laptop is not infiltrated virus or keylogger, just explain to every one who asks you that no need to worry about Bitcoin ..
Bitcoin is only safe because it has a strong algorithm that a normal computer or hacker cannot hack it or bypass it. Bitcoin is only safe for itself but not the wallets that are allowing its users to store bitcoin. If you really want to be safe in bitcoin then you should not be comfortable with the security of bitcoin, you should also do other things to add some security to your investment. |
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bitcoin is not replaceable because there is no any another cryptocurrency compare to bitcoin all are having lower value.
There are a lot of coins that has a lower value than bitcoin and because of that, those coins can be attractive because of cheap price and if their features is better than bitcoin then the whales or big investors in the market will treat it as a sleeping giant and it will wake up if the average traders or buyers will take action for it. |
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Bitcoin is not a gambling because it is not completely a clueless way of making money. If you really want to invest your money then choose bitcoin as its price is getting higher in the next years because of the growth in the market. Just learn how to analyze fundamental and technical analysis so bitcoin will not become gambling anymore because you will know the things that you need to know to make it not a clueless investment.
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Yes, we have two bitcoins. We have the original version of bitcoin and the clone bitcoin which is called bitcoin cash. The only difference is, the price of bitcoin (original) is higher or almost x10 of the price of bitcoin cash so it is easy to tell that bitcoin is the best cryptocurrency even there is another kind of bitcoin in the market.
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I will go for bitcoin because it is a strong coin and it stays at the top for a lot of years and it has a solid community and market so the stability of the price of bitcoin is not a problem and it is a good coin for long term investment so i think i will have or lower amounts of problem if i will invest and go for bitcoin instead of eth.
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The price of bitcoin is falling again because of the same FUD but just in a different date. There is a spreading FUD that says bitcoin and other cryptocurrencies sales are getting banned in South Korea and that is a bad news if that is really true but the reality is, it is just a FUD and you can take advantage of that because you can see the same FUD but it turns out nothing and the price of bitcoin is going up again. So for me, the history repeats itself.
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The usability of bitcoin and other cryptocurrencies are very different because the cryptocurrencies are created from different ideas and goals so it means that you can't tell that bitcoin and cryptocurrencies are all the same in terms of its usage or usability. You can tell what are they usability if you will do some reading about the vision and mission of the cryptocurrency.
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To be able to have enough bitcoin value that I dont ahve to worry about money and travel.
Don't fully depend on bitcoin because bitcoin cannot give pension to you or consistent amount of money that will support you in terms of having money for your wants like travelling to different places or so on. You need to be smart with your bitcoin and money, do not always strive for liabilities, put assets first. |
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I think 0.004 bitcoin in my campaign and i also earn in faucet then i try also in trading but my earning is so little,if you want information about where we can be paid in bitcoin i think in campaign because the earnings in trading is not kind of big but if your invest is like big i think the earning also is big
Keep doing the same thing because the time will come that you will be earning more than 0.004 because trading is a good way to make more bitcoin and if you will continue studying it then 0.004 will become minimum as an earning in bitcoin and you can be just make a living with bitcoin alone. |
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I agree that bitcoin is a stock and a money at the same time. Bitcoin is a stock because it serves as an investment and because of bitcoin you can grow your money and because of being money of bitcoin you can also use it to buy things online or even offline, if the seller will be convinced to accept your payment.
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Would you accept bitcoin as your salary in your profession, especially if you work in other country?
For me yes I will accept bitcoin because we can exchange it in our local currency.
Of course, I would be very happy if my salary is in bitcoins. That would be very glad to accept. Its just that the volatility of bitcoin's value will prove to be the hindrance, a double-edged sword that might make you happy or sadden you. I just hope the price of bitcoin will always rise. The price will not always go up and the volatility of bitcoin is always there so it is like a double-edged sword so for me, it is better to receive the salary from a regular job in fiat because you can decide if you are going to buy some bitcoin or not and you are safe if you will receive in fiat because the volatility in fiat doesn't exist. |
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It depends on the news, because im purely fundamentals and not a technical analysis. but pretty sure if you both know this you'll going to increase your profits
Fundamental is more powerful than technical analysis in bitcoin because even the news is just a rumor and not official yet, it will still affect the market and the price will go up crazy or go down hard. If you know how to analyze the news and make good decision for it then it is very easy for a person to predict the price of bitcoin if it is going up or down. |
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Hello!
How BTC's price change? What are the factors that affect the rise and fall of the BTC?
The amount of investors and supply and demand affects the bitcoin market greatly, specially since it is becoming a race until bitcoin reach its 21M cap. Ever since there is a worldwide need for online currencies and online transactions increase greatly it also affects bitcoins market chart. Because of the demand of the people to use bitcoin and get it as an investment, you can see that the price of bitcoin is getting more expensive and soon we can easily see that the price of bitcoin will climb more because the supply of bitcoin is fixed and the demand is continue getting bigger and that will become the main cause for bitcoin to become one of the most expensive and it will also give a lot of profit or income to its investors or holders. |
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We can see a new all time high for bitcoin in the next few months because the bull market is back and the bulls are just getting ready for the price rally and i hope that in the next month which is october, it will push bitcoin to a new all time high and give a lot of profit to us because that is what we all want in bitcoin.
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Hello pals,
Recently I introduced Bitcoin and cryptocurrency to my friends and family,they liked the concept but they asked me a question that I wasn't able to answer.Is Bitcoin really secure?What if a hacker was able to hack Bitcoin system/blockchain?Who manages Bitcoin security and what are the security measures taken to avoid hackers being able to steal Bitcoins?Why Bitcoin is not blocked for those who use it illegally by buying/selling in the deepweb market?What if governements ban Bitcoin because of these people?
I really appreciate if you guys give me some answers
Bitcoin is secure from hackers because its has 2 open password before you can enter your account.In bitcoin you can guarantee that your crypto currency in the safe place no one will can hack on it unless, theres someone who know your personal wallet password.while in the black chain author of this bitcoin hired expert people to provide protection of there asset. Bitcoin is not secured or safe form hackers because there is already a lot of incidents that proved that even a lot of people think that bitcoin is safe but they are wrong because of the hackers that hacks different wallets of bitcoin and even the blockchain is one of the victim of the hackers where a lot of bitcoins is stolen but the blockchain is lucky since the hackers give it all back. |
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I believe it is not really good idea to explain btc to kids since they are still in early age. however you can explain btcto teenagers, simply giving them an idea of what is Bitcoin and show how it works.
I agree with you, it is better to explain bitcoin to the teenagers rather than to the children because teenagers developed a good understanding on the things that they will encounter. Bitcoin doesn't have a limit on its user's age but it is practical and better to just share the idea of bitcoin to the people who are appropriate for bitcoin and the minimum is a teenager. |
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Some services provide tools that may or may not be used for piracy, such as a VPN or Usenet indexer. Bitcoin conducts transactions peer-to-peer, there's no intermediary to prevent the funds from rolling in. As a result, many of these services utilize Bitcoin as their only method.
As of now, bitcoin is just an option for most of the stores whether it is online or offline because bitcoin is not yet famous in most of the people in the country so if bitcoin will become the only method to pay then people will get confused and they will think suspicious about bitcoin. It is better to slowly introduced bitcoin to people before declaring it as an only method. |
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