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What you can do is set a specific profit percentage and then sell your coin. After selling, buy at a lower price or buy another coin which you know has a good potential then do the same steps again. By doing that, you are gaining profit even though it is not max profit, still you have a specific target and you don't have to panic sell.
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You can learn in different ways about bitcoin and cryptoworld. You can ask your friends who are already familiar with bitcoins and crypto. You can also read articles, forums and news about it. All of it can be self learned with the correct mindset and if you are really interested about it, you can look for adviser to help you start with cryptoworld. There are many threads here about crypto, you can start your crypto journey here on this forum.
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What are your advantages among your competitors? And how does the HONEY algorithm works? But so far, this is a good project.
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This is a good project. Waste Management is one of the challenges and problems in different countries. It will greatly help the community so kudos to the team. Goodluck!
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I think this is an eye-opener for anyone who is using either online wallet and hardware wallet. We must always keep in mind that we need to backup everything. keep multiple backups of it and also, always do safety precautions when using your wallets because hacking is very rampant everywhere. That is very unfortunate to lose 103 bitcoin tho. Let's hope he still can save his bitcoins.
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Good to see that this project is being recognized by many people. Many are interested and engaged in this thread. It is only a matter of time before the big exchanges have to recognize Fuloos as a competitor in the crypto market. And finally a coin which allows you to pay for your grocery without hassle.
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I suggest Bitcoin and Ethereum. They are already expensive but they are already stable and proven as 2 of the best coin in cryptocurrency world. But if you want cheaper coins to buy more number of coins, I suggest ADA, XLM and ICX.
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Here are my answers and opinions regarding your question.
1.What challenges are facing bitcoin?
- In my opinion, acceptance is one of the challenges that bitcoin is facing. Yes. there are many retailers, particularly online, through which consumers can pay for transactions in bitcoin, but the digital currency still isn't anywhere close to being widely accepted.
Next is, volatility. I believe the price is going to need to become much more stable.
And third, Tax issues. Bitcoin and other digital currencies is considered to be "intangible property," which means they're subject to capital gains taxes. Which we all know, it is one the issue of every government worldwide.
2. How we can prevent it?
- To prevent it. we, the current bitcoin users and community must promote, support and continue to prove that bitcoin has a high potential as a digital currency and has good usage among the community and it will benefit all people.
3. how we should face those challenges?
- As I have mentioned above, we must continue to support and promote bitcoin and other cryptocurrency for its complete acceptance.
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Fuloos is a digital currency designed for low fees and instant transactions for payments all around the world and merchants that accept cryptocurrency as a form of payment. A good quality project which aims to make every purchase easier, faster and secured. Kudos to the team.
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I prefer 150 eth because you have more number of coins and who knows, it might pump to x5 or more. However, both of btc and eth are good coins to hold because they are already stable.
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In my opinion, long term hold of alts are better. because of higher profit You just need to target a specific price and sell it. However, you can also allocate some funds for scalping or swing trades. I do that when I am in the mood for trading.
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Great portfolio there bro. I think DRG, KEY, TKY, NCASH are good coins. As of now, I only have NCASH but I'm planning to buy some DRG tokens. Thanks for sharing your portfolio and top 10 alts.
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In my opinion, here are some of the challenges that I experienced.
1. Sometimes, I easily get hyped or get FUD on some news which aren't really confirmed yet.
2. Time / Time Management - I am not a full-time trader because I am currently working. I have some tasks in office which prevents me from focusing on trading, bounties, etc.
3. Lack of knowledge regarding Technical Analysis and Fundamentals - I still need to learn more about it,
Btw, I am thinking of quitting my work and become a full-time bounty hunter or trader. Who knows.
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