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Bitcoin is at its start-up stage and the awareness the currency has gained, had actually served as a propelling force to cause its movement. I will hop-in if i have the money to buy at 10k, considering the height it would attain in the nearest future.
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Banks and bitcoin are two different entities and there is really no need for comparison. Bank is an institution where transactions are made while bitcoin is just a currency.As long as fiat currencies are in existence, banks will always be there. The banks can even adopt bitcoin into their system.
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The value of bitcoin seem to be an upward trend, in a zig zag pattern. As to the question whether bitcoin will fall again, it sure will, though may not be drastic. The currency like every other currencies do fluctuate, and the tendency for it to drop is always there.
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As far as there are smaller units(fractions) in every currency, you can actually start a trade with a small amount regarding it gives you a value worth of the currency you intend to buy. But your input, determines the output/return you would get in terms of profit.
You definitely can start with a small amount.
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No doubt that the price of Ethereum have actually gain increase over the past months from the initial value it was in the early months of this year. The altcoin to me, is like the second big thing and its future price would be something to reckon with. I really do not know as to what value the currency would reach, but one thing i can anticipate is that it's value will increase come 2018.
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Trading requires; proper analysis of the currency; much time and effort on trading platform- trying to get a good entry and exit points, while holding on the other hand requires little or no effort; as an investor, an analyst or a fund manager can just tell you the best time to put in money and relax for the capital to yield profit. I think i prefer holding in this case.
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Bitcoin as a digital currency has evolved overtime and it's awareness and acceptance have actually increased, as compared to the way it was before. The only reason why someone should not invest in it now is ignorance, because the prospect of the currency, is on a positive side.
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My trading story would always start with me trading Forex. Trading Forex as a novice was not quite a good experience, but it has actually helped me build a strong foundation now that i'm into the cryptocurrency trading.
All u need is to embark on a proper analysis on the coin(s) you intend trading; have a good entry and know when to exit; and again, it is always advisable to invest money, you know you can path with, in order for emotions not to set-in while trading.
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Bitcoin's impact on alternative currencies can never be over emphasized. It has indeed played a major role towards the recognition of other altcoins. It's growth, awareness and acceptance has led to the rise of other digital currencies. It actually serves as a foundation to altcoin.
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Aside from the fact that bitcoin is a digital currency that is decentralized, another most attractive thing about bitcoin is the fact that it's concept and design is totally different from the usual fiat currency, and as such, does pose as the future of currencies.
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Bitcoin Talk Name: Webberson Bitcoin Talk Profile: https://bitcointalk.org/index.php?action=profileRank: Member Post Count (including this post): 85 Your Login on UT(web) https://uttoken.io: UT1076655 Btc Address: 1rmRqpn2Sj7EAnSrDxPEfmiVWagHf9Gx2 Eth Address: 0x6a875BDd66C20153972483AEF26Cd54562954D26 Really would like to join your campaign. I hope there is an available slot. Thanks in anticipation for your earliest possible response. |
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By default, jealousy is in every man. It is actually a negative feeling that erupts from within. The ability to curb and control it, is what matters.
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