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For me, bitcoin cannot be centralized because the decentralized is the major quality of Bitcoin’s popularity. The demand of Bitcoin is too high because there is no other involvement of any person or third party in Bitcoin transactions. Bitcoin is legalizing in Japan due to its advanced properties. The virtual currency on distributed network is the main feature of Bitcoin.
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Of course you should be doing your own research before getting involved to any investments,escpecially when you are new to something it is your own responsibility to learn as you are newbie and if you want to be a successful person in the future! work for it so that you wont end up with nothing when the future has come! And in that way you will be successful.
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In my opinion, i think the reason why china banned bitcoin because some Chinese investors and financial analysts consider the ban on bitcoin a positive development.The people's Bank of China plans to develop its own national digital currency. If this happens then the ban on bitcoin can be continued. But Chinese traders will still use bitcoin if need be. They go to the markets of Japan, Hong Kong, South Korea and others.They have the largest cryptocurrency trading platform.
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Actually some people might think that it is not worth it to invest because investing in bitcoin is very risky.We will never doubt bitcoin and we will not be one of the person who easily get panic and loss our trust because of the volatility.It is already proven how bitcoin gives us profit and the benefits.Bitcoin depends on us how we secure and in that case that risks may reduce if we follow it right we can achieve success.
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As of now most of the people buy the bitcoin for the future saving. Bitcoin prices is any time to increase. So most of the people like the bitcoin for the future invest. People hold the bitcoin and wait for the price increase. If price will be increase sell on time. So people invest in the trading. Bitcoin is help to gather more business information. So it help to business improvement and get the new project information and that's the way or the reason why people keep on buying bitcoin.
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Well for me, its hard to know if the price will goes down or up but the best to do if you have planning to buy a coin you research and monitor the price so that you know the movement of price of your selected coins but if you like to buy its ok because we know the price of all crypto will have chances goes up so i think its ok if you hold it in longterm way.
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For me ETH is amazing too as it rank at number two after bitcoin in crypto currencies. But what makes bitcoin more superior is the high prices and mostly the rehabilitation after a dump. ETH prices are somehow same as of bitcoin but they are not rising like bitcoin when suffered with a dump. So bitcoin is better in every aspect but you have to try in ETH too. Try to invest of it not only Bitcoin in order to make your money double when the price is at high status.
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In my opinion, If you really want to invest some money in cryptocurrency, I think it is the best time for invest .. But at first learn the market first and then research about which exchange will best for you..Start with research, look for the mistakes others have made starting off. If you invest for the first time then invest little bit money on it and make good profit..No need to invest huge amount for first time. Just do it step by step and dont forget to observe tha status of the alt that you've invested for.
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Well, If you really want to be an crypto investor you should make deep research on ico you want to invest. Crypto investing is not like other some business investments that you'll have guarantee of turning back the advantage in investing crypto is you will earned high amount of money with no fixed value so there are possibility that your investments will be 50x double or 60x but theres also possibilty that your money will turn into 0 or its a big loss for your cause.
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In terms of getting involved in Bitcoin is the possibility of being wealthy depending on how one how determine you are and on the campaign or project you join with, and it has something to do also with being socially responsibility.. you think also not on what you get from it but what you give out of it and its not also for your own interest but to others as well.
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1. Do not remember electronic wallet password
2. Do not back up your wallet
3. Do not research new services
4. Buy and sell based on feelings
5. Leave your money in the electronic money floor
Actually, most of us must have done these mistakes since we all came as a beginners. Maybe we could start a new topic like what have you learned from your mistakes during your first times Cheesy I just got concern with number 4? Because what will be your basis when buying and selling your bitcoins if it is not by feeling? It will be your desire and feeling after all because it is yours to decide about it. |
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Many of us here are saying, why is the cryptocurrencies market is getting a dump these days. Some are saying is because of the FuD, others are saying it is because of regulations laws in south Korea and India which is also child of FUD. But did you know that when ever you sell out of panic, you are contributing to the dump and you are also attacking the blockchain technology!
I agree of it, every individual who are selling out of panic contribute to continuous downtrend in the market. In this scenario the winner are those people buy their coins at low price while those individual who buy their coins at high price are the loser. This is the sad reality of trading in the market. The key message here is to become wise trader or investor. Do not go to the ocean where you do not know how much is the deep of the water or else you it will be a big loss. |
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Yes of course, the market will be green again and again. This is the natural phenomenon of the any market behaviour. There are only two faces of the market that is; Bull and bear. If, the market is declining and down today then the other side also come but can't say when exactly. But, In crypto market the cycle is changing within a year. So dont loose hope if you were holding some coins.. Just keep on holding it until the green days will be back again.
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For me, I am keeping coins I received from bounty if project is good and I am sure that coins are undervalued. For some bounty I am selling coins immediately once they hit exchange, but i am never selling all of them, I am always keeping small part, because in this crazy crypto world who knows what will happen in the future, maybe they will make me rich or can improve the status of my financial someday.
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As we all know, investing with crypto currency, the huge risk is always present. But in order for you to manage those risks you have to think of strategies ahead of time, being able to indentify those risk from the start is a great help to come up with a good plan. Like knowing the strength and weaknesses of crypto currency, so that you would be able to know when you are going to move. Planning is essential when investing, so gather all the informations needed to better understand how your investment because in that way you can manage of it.
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Well for me, I think its just because bitcoin is the only crypto that is safe well established easy to obtain and profitable. The bitcoin system's very secure, wich the unsafe is the user and the money exchanger. You can get bitcoin by buying and mining. I see from the media developments that cover the enthusiasm will bitcoin everywhere will create a very high demand. Although bitcoin often decreases, its value continues to grow from year to year.
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In my opinion, the real reason to hold gold is because gold is traditional investment that all people know and they keep their gold in the safety box. and the real reason to hold bitcoin is because bitcoin is a new investment in this century and still in development until all people know about bitcoin and keep bitcoin too like gold. Both have a good chance to be an investment for us especially bitcoin, soon people should make bitcoin like gold and even more expensive than gold like ever before.
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Well, the perfect time to buy Bitcoin, when the low market and your success is only possible if you invest in low market otherwise you will be busted. Follow the market rule and keep safe your investment without any possibility of loss and risks. If you invest in a low market then the price will increase with the increase in demand and thus the profit will come up for you for sure.
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I decided to quit ICO's. From December till now I invested about 5 eth into several ICO's. Invest what you can miss, this is what was able to miss. Right now the first few of my ICO's have reached the exchanges. Most are under performing, but this is related to the overall dip (can be read everywhere). I understand, but ICO token economics have changed also. - massive hardcaps
- most is sold in pre-sale to big investors, leaving scraps for crowdsale
- much attention to marketing, less to working product or realistic time lines
- immediately available on EtherDelta and IDEX, sure sign of little interest in token economics/future
- no lock on pre-sale tokens, whales take their x2, x3 or x-whatever as soon as possible (I would probably have done the same). Prices drop to below ICO price.
- too many ICO's without distinctive differences.
- too many ICO's in general
- too much tokens reserved for team/marketing
- many ICO's don't even have a crowdsale anymore (which perhaps is a good thing as the little investors are protected this way)
- ICO prizes are quite high. 1eth = 1000/4000 tokens is pretty common, but with a hc of 40 million, this will not easily go x10 or more.
I was 'unlucky' to miss out on a few ICO's besides the ones I was able to participate in. Afterwards I am glad, since I was able to pick most up at a fraction of the ICO price. Important as ever: DYOR as not all ICO's have a genuine solution to a genuine problem. Some may seem like a fantastic solution, but often it is marketing combined with a strong team, and not so much a great working product. And who am I? I am definitely a nobody  , but still wanted to share my experiences and perhaps save people from thinking of getting on board of the next x100 ICO  p.s. when a Telegram has over 20k subscribers all screaming 'when lambo' with endless rows of animated gifs, you may also wonder if this is a serious block chain solution which will revolutionize 'x' Actually, the most thing point of your topic, where we want to buy the ico coin, we will know what the best ico coin have we buy. Well the first point is where the ico have reached the soft cap and it will be good for us to buy this ico coin and it will be this ico success. And another reason for buy the ico coin is the coin have sold out in pre sale moment, it will be most interting by the investor to buy this ico on cronwdsale. That's what is all about.. |
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