Guys, this is serious. Never borrow money from banks or your firends to buy bitcoin or other altcoins. This is too risky. You might be under a market crash and you can't pay them back. This makes you extremely stressful.
Yes, I agree with you mate. Loans are too risky just to buy bitcoin. Better invest in bitcoin if you have extra money. Well back from the OP's question, it is also risky to lend your btc to someone. A collateral must be required like any property the borrower had.Well, with the amount of BTC he got (800btc) , if this is really true, just forget about loaning option, just convert some of it into fiat and enjoy life. Then hold the remaining coins for the future. I agree with you guys! It's unadvisable to borrow money from banks or from anywhere else just to buy bitcoins. One should gain bitcoin in his/her own expense, meaning it maybe from his/her extra money that he thinks he may not used just soon so he/she will not be worried if something happens since bitcoins depends on market status. Loans are not advisable, it is not worth it! That would be a gamble to borrow money to make bitcoins, but if you believe you have that skills to achieve your purpose then why would you hesitate. Bank can offer a low interest compared to other lending business so you are talking a privilege to take a loan where you can repay the soonest as long as you succeed. Yes but, just make sure you surely take of the money you wish with. In loan, yes we have now capital to start wathever business you want. But a great management will present. To insure that your plans, money and time will not waste. You should really not waste those money that you loan so that you would able to repay the loan later on because if things doesnt work out and those funds comes to waste then for sure you would really suffer on paying up deep debts later on.This is why before planning on borrowing money we should really be prepared on where we gonna use it and the last thing is that we should not borrow money if not really needed. |
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I know my chances are practically 0%, but maybe somebody has an idea. I did a huge mistake and lost 10k $ after I put (copy & paste) my Privatekey (instead of my address) into a spreadsheet... so all my assets had been transferred to https://etherscan.io/address/0xda1efbf72db93ce5dfa47e5ff772dde8f19e2065and sitting there since... is there anything I can do (beside hitting my head against an stone) ? Thanks in advance A first stupid, now desperate guy You cant do anything but regret on the thing you have done.Those ETH are lost and checking on the history those amounts been transfered on an address next was transfered again to a wallet which do have many transactions.I suspect its an exchange or either a mixing service.Tracking them whose the one who hacked is impossible. |
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There are lot of cloud mining websites which are scam. And there are some like genesis and minergate which are not profitable at all. I have found another one eobot.com which seems to be a bit different. Is it profitable to invest there? Is it legit ?
I didnt heard about eobot.com site but as i visited on the site it does have cloud mining,exchange,faucet and all i can say is WoW! They are complete already regarding on earning opportunities but talking majority on cloud mining.They arent profitable considering on the mining difficulty rise overtime and most of them are scams.This is why i dont really bother at all on joining them. |
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Is trading hard?
I want it to come from the people who actually trade who experience trading I myself just read from goggle and some websites. Please do share some experiences and lost of money and earnings.
What do you called this? struggles yeah thats its struggle of traders.
Theres no easy thing on making money besides on doing gambling.If we do talk about trading i would say this is really a hard thing to learn and it would really takes time and lots of mistakes and failures you would able to experience before you would able to learn from it. Trading is really good for long term since profits will really be possible on this field if you do already know on what you are doing.Struggles are normal,if you are persever enough these things doesnt really matter at all. Well gambling is not easy at all too, its just as hard as trading or harder. But well, you are right trading is really a hard thing because you need experience, you can't learn it from school but from experience. If you have a long term of experience on trading then trading wont be as hard as the beginning. How can you say that gambling is much harder than trading? I do believe on the opposite way.Gambling is easy and theres no brainer for you to play such thing just put a bet and youre good to go but there are some games on gambling which you would need some knowledge but not as really hard like on trading. |
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It really depends on the quantity you have. If you have a big amount of Lisk for example, you should definitely move it to a more secure wallet such as https://login.lisk.io/Same goes for the rest, you have more chances to get hacked on exchanges than on wallets. Op should follow this advice, storing huge amounts on exchanges is really a risky thing and i do strongly believe that theres no trusted exchanges and most of them would definitely experience problems later on and if you dont like for your funds to be affected then its better to move out on their respective wallets.If its quiet hassle but dont mind on that thing as long your coins are safe. |
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what make bitcoin better and incomparable to the other cryptocoins ?
To make long story "short" then just see on where are we now? We are on bitcoin forum right? Then we would really able to say that the community of bitcoin is much more than on any coins in the market since its the first cryptocurrency which was being created. Bitcoin is anonymous,decentralized digital currency on which there are lots of people and investors do really like it which cant really be surpassed by any altcoins in the market. |
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In our country, the government wants to control bitcoin and collect taxes from it, but it still does not dare to accept it. I think the authorities are panicking because of the fact that it constitutes a serious competition to the banks.
Likewise in our country, because as per news bitcoin were used by the government in corruption. Some higher position in our country were put their fund in the bitcoin. But I think government of each country had no power to stop bitcoin, however if the all government of each country had unite I think they can create a power to stop bitcoin. They can really stop if all governments would really decide to ban bitcoin and dont ever recieved any related services on their place but talking on stopping people on using it then i would say it would really be a hard thing for them to stop. Anyone can use it without any required permissions from them which government would really be worried of.People can really have the control of their own money. |
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Three brief questions:
a.) Do you merely follow your own ideas?
b.) Do you follow some pundits?
c.) Who are these pundits?
--------------------------
I do trust my own knowledge in linkage with the information posted / written / said by reliable persons such as Fred Ehrsam, Linda Xie, Naval Ravikant, Gav Would, Joseph Poon...
All the best
B.D.
Yes, I believe in that. Others experienced is the best motivation for us to continue our journey on trading. They are the best example for us to follow their footsteps on how they can successfully survived on the trading industry. Because trading is not a joke game this is the fact where you can't play it in your jokes way but in a very serious way especially it is money matter thingy. I don't tell that don't enjoy it or don't makes fun but don't do it to much. Believe other suggestion of some people who are very familiar on trading, they are the best teachers to listen for. Those successful man in trading are the best trader you can be if you listen to them carefully and if you learn from their experiences. Learning on others expeirence do really give us motivation unlike on having no inspiration at all.Getting ideas and technique from others isnt bad but these are really essential on our learning process on our trading career. Seeing on other traders experiences and at the same time make self-learning on informations in the internet would really be a great combination. |
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Hi - Newbie here..I would like to put down 1000 USD next week.. What would your advice be to me?
Best crypto still, and as of this moment is Bitcoin. Bitcoin remained the no.1 crypto for a long period of time because of its large community that highly affects its demand. Since Bitcoin is indemand, its market value is also high. With this reason, it will be a good idea to invest into Bitcoin since the increase in all of its aspects is continuous. Bitcoin is really a good choice if you are really just planning to hold it for long term but some people do really love on diversifying their funds which would really give potential income or profits if they do hit up the right project.Its the best time to buy some coins now because most of them are on reds which we can see its cheaper than on their previous prices because they do eventually recover up later on. |
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I think it's the proper combination of both which is required to be successful in the long run and the success one achieves by making decisions with smartness and well formulated strategy lasts longer. There might have been people who achieved success with just smartness or strategy but that's more often than not short lived. So in my opinion it takes both being smart and having a well thought out and pre-planned strategy to become successful in any business.
Having both would really give you the advantage since you can able to make plans smartly the same time with basing from your experience then it would really result into have a higher chance on success but in reality people do really belong either on each side but some did really able to manage have both which most of them are succesful now and talking or applying it here on cryptoworld would really give you a positive results. |
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we all know that the only reason why ETH went up in first place is a combination of pumping and ICOs.
now that China announced ICOs illegal and put and end to their existence a huge chunk of the investors in ICOs will go away and also people are going to be more afraid now that ICO is officially illegal. so they won't invest in any.
the ICOs so far will also probably cash out their ETH soon.
what will you think will be the future of Ethereum without ICOs to pump it?
how low will it crash?
I think ethereum price will drop me unit gangly because token system is the main selling point for ethereum. And there is less dev to create eth token without ICO. I can't predict how low it will go, but at least not as popular as todays. This would really be the time that ETH would go back to its track back in previous months when the price isnt still yet high.The news did really give big effect since most ICO are using commonly ETH platform and its being banned already on China which i do believe that large investors came into that place which would really mainly affect the price and talking about recovery i guess it would takes time for sure. |
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Profit,Profit and Profit. what else other than that ? Nobody cares about their project and something like that, all that we should know,how to get profit from this project and make a lot of money in every trade. that's the mindset of every trader,and should be like that. it's not charity my friend,hoping to get success by supporthing their project and others. so whenever i do the trade i will always looking for the best profit from it. and i hope i can double it in every trade that i make. that is my honest opinion,i don't know about others. everybody should be like that right when you're trading ?  You are right that most traders would really aiming for profits and not minding on anything like on the project development or what but maybe they do engage on some news regarding on it but they are not really serious on it they are just accumulating news just to make decisions regarding on their coin holdings and assuming on where would prices go.Only a few trader would only mind up seriously on a certain project regarding on its usage but same as you believe most of them will always aim for profits. Yes you are right. We can see a long list of the names that only focus on profits. They only need profits by hook or crook. Basically, the newcomers are more of them, reason is, and the shine of bright bucks cleanses their minds to just stick to the methods for getting extra dollars. Newbies would definitely jump in for profits specially when they saw some traders that do earn big amounts then its normal for their minds to follow the same path too on which they would really decide to learn trading because they do like to earn profits like on those persons that they saw which are doing trading.This is really the main reason or view of people why they do really try to learn up. |
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Is this the beginning of the death of Bitcoin? Well, the topic is now resurrecting again now that Bitcoin just experienced one of the biggest bloodbaths ever in its trading history. And this the trend right now for the whole cryptocurrency market...we are seeing waves of red all over.
No wonder the FUD community is now having a fiesta...they think that this can be the start of the end of the world...I mean the end of Bitcoin and that it can crashed soon towards the $100 price.
Are they kidding me?
FUDS are everywhere and those people who do always say that bitcoin would be dead this time.They are saying those things for how many years already, we did really see a dip but the price have somehow manage to recover as of now and we did see on those price range of 3900+ but eventually it rise up again and if you did make an active trade then for sure you are earning some bucks as of now. |
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Is trading hard?
I want it to come from the people who actually trade who experience trading I myself just read from goggle and some websites. Please do share some experiences and lost of money and earnings.
What do you called this? struggles yeah thats its struggle of traders.
Theres no easy thing on making money besides on doing gambling.If we do talk about trading i would say this is really a hard thing to learn and it would really takes time and lots of mistakes and failures you would able to experience before you would able to learn from it. Trading is really good for long term since profits will really be possible on this field if you do already know on what you are doing.Struggles are normal,if you are persever enough these things doesnt really matter at all. |
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much better to be ready to grab those cheap eth when downfalls continue to happen for sure a lots of things will comes out after this news more coins not only
eth but more of the coins inside the exchange will be in its dip, I will try to grab mine with 200$ and wait for the rebound, long wait big profits.
This is the wisest thing to do as of now on where we should really be worried too much on the price if it would dip since theres a news then it will normally go down.We should wait for the dip price and would wait to buy on the most sweet spot and then hold it for long because for sure price of ETH will definitely rebound later on same as you said. |
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bitcoin has broken the wall 5000 dollars? How do you know ? to my knowledge bitcoin has not broke the wall 5000 dollars bitcoin up to 4800 dollars the wall he solved years now bitcoin will only break the price of 5200 dollars
It didnt actually break 5000 dollars price as far as i remember it did only reach 4912 or more but didnt reach 5k which means theres really a strong resistance on that price and now the price did dip again and going back on 4200 price again and this is the time we should really watch out on bitcoins price and be alert on setting up buy orders. We wont know if the price would dip even more. |
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if seen in the current market movement I prefer to wait or it could be to buy, because it looks like the price will rise again so it's better to buy, but if you already have bitcoin better to wait because bitcoin prices will likely increase again.
Yes, It is the right time to hold onto your bitcoins because they are very much likely to touch 5 dollars before the end of this year. But if you want to grab bitcoins, I don’t suggest buying at the moment because you won’t be enjoying big profits at this time. Wait for a sufficient decrease in the values. I would say this would be the best time to buy cheap bitcoins as of now because anytime soon we wont see this price again. $4300 is the recent price on which we would able to buy for now.It not necessary to buy whole bitcoin because it is really somehow expensive to do such thing.Moment for buying would really be as of now not only for short term trading but also for long term. |
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these chinese and korean markets are pretty much fake, this is when you all giving so much credit to coinmarketcap and he's making a killing.
these morons calling them self experts need to get their stupid head out of cow poops. korean and chinese market in this crypto world is very very small but their egos are pretty huge!
also the chinese can create and participate in any ICO freely all they need is a VPN
I dont think Chinese can participate ICO from now on. No bank is allowed to provide service for those who are involveed in ICO market. If they do impose new law or announce/declare that illegal then they would really mean it and theres no returning back on the words that have been said already.For now they cant really join ICO as of now but there are still some ways on how to join just as being said people can anytime use of VPN.Just be sure on the money you would use on participating not to be traced or suspicious. |
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For me personally which side i gamble, i prefer to seeking a profit than just for fun on gambling. Because only with just for fun in gambling, it is less lead to the profits that will be in result. I prefer to set achievement targets that must be achieved to profit from gambling.
If you have that mentality I guess you will be able to achieved and enjoy your stay as most of us here declared that gambling is just to have some fun but its much exciting if achieving your goal has been achieved its really a matter of attitude inside any activity. Even if we set ourselves goals in gambling, that does not imply we will success in them. There is no guarantee of that obviously. I think it is better to not even think about this word profit when you are gambling because no matter what you do, your fate ain't change. It wont really change since gambling do works on that way and no matter how much we try the results would really be in common for sure this is why gambling just for entertainment and dont ever seek on making money with it because gambling wont really work on that way. Gambling is just designed for pure entertainment and theres no other means and winning amounts would only just a bonus into that. |
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This thing i wanna like to say on which this question have been asked already a hundred times and been answered by thousands of people already but i will still answer for the sake of non-topic reply  Biggest regret on bitcoin is when my friend introduce to me earlier on year 2011 as far as i remember and i didnt pay attention to it until i knew the price of bitcoin on year 2015 and i was amazed and regret that i didnt bought thousands of it when it was still cheap. |
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