I think no one knows for sure how the market conditions in the future. can it rise like last year or is it declining no one knows? only I think if we always think positively that the market will go green it will avoid stress. and I also still believe that bitcoin can rise again. we just wait don't give up hope. when the bitcoin rises again the crypto market will return to green be patient.
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I think the growth of Bitcoin has nothing to do with the government. the government allows bitcoin or not bitcoin will continue to grow. proven even though there are refusals from several countries, bitcoin can still grow rapidly. because bitcoin is decentralized. cannot be controlled by anyone. but when the government accepts and permits it as an investment tool and currency. then bitcoin can help its people to achieve financial freedom.
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the world reserve currency is a currency held in large amounts by the government and includes a part of foreign exchange. and since the 20th century the USD has been established as the strongest reserve currency. and in my opinion bitcoin will not be able to replace the position of the dollar. because even though bitcoin is now popular and many know it, there are still many countries that reject bitcoin. whereas to become a world reserve currency must be approved by other communities and countries and also decentralized bitcoin.
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maybe because they think crypto investment can make them rich quickly. whereas investment in shares and precious metals usually increases by only 5% every year. but it would be better for me if having large capital is better, not just investing in crypto. trying to invest in property and real estate is also good though because the value of property every year always rises between 10-20%. if we have several types of investments other than crypto, we will not go bankrupt when crypto is lost. but I don't expect that. I always hope crypto will exist forever.
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if I have $ 10,000, I will divide it into two. I will use $ 6000 to buy bitcoin and eth. and the remaining $ 4000 will be for me to buy some altcoins. like tehter, bitcoin cash, EOS and NEM. choose coins that have lasted a long time and have a large market capitalization. I think it's okay to buy 5 altcoins that are different from that if one of the coins we still have a chance to profit from the other coins. with large capital we will have the opportunity to get a big profit too. but as a beginner you should invest as much as you can to lose. because crypto investment has a big risk.
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spending time trying to earn money from bitcoin I think is a very rational idea. not a few people are successful because they work to find bitcoin. and for me it was a job that was very feasible to do. I myself spend my free time earning income on cryptocurrency, and with what I do, my financial problems improve and reduce my financial suffering. so it doesn't hurt if everyone wants to try and earn money with bitcoin, because I think it will reduce their financial problems.
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because this year bitcoin continues to decline at this time the price of bitcoin is only $ 6500 while in 2017 yesterday $ 20,000 of course this will make many people complain. because they bought bitcoin at a high price and they were disappointed that bitoin didn't go up instead it went down. and I think that's a natural thing. then the decline that occurred at this time was not only because of the government and the big whale. but also the news of the ban on bitcoin and cryptocurrency on Facebook and Twitter made the market even worse.
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it's our duty as fellow humans to help each other. we can help the poor directly provide financial assistance, but this method I think is less effective because it will not run out of money. better when we provide financial assistance and teach them to open a business. like starting by opening a small shop or teaching them gardening and farming. so that the money we have given is used for modes of business that can generate profits. or when we can't help with money. we can also teach cryptocurrency to them. we can start by asking them to join this forum and then join the ICO project.
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I still hold my altcoin and i plan to my all coin holding for longer time beacuse altcoin give a bright future alt coin low now so i plan buy the coins.
just like you with basar conditions like we can only hold altcoins. if we choose to sell then we will suffer losses. but I only hold a number of altcoins that already have a market and have lasted a long time like eth, eos and litecoin. the altcoin that I got from the campaign and the bounty I immediately exchanged with eth. because I think holding a coin is not very useful. because the longer the price drops, then zero crashes.
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good link, and maybe it can help people who want to read it. in trading cryptocurrency we really need to be able to understand ways to overcome emotional trading. and your suggestion is to start by doing small trades and making them calmer, that's a very good suggestion. thank you for the link that you shared.
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indeed at the end of last year bitcoin and altcoin had fantastic values and made the holders happy. but we never knew at the end of this year, whether the end of last year will be repeated at the end of this year. all can only speculate. so I think it's not true that every end of the year there are many crypto holders who are rich. I think they get rich because they always try every time. and maybe they show their results at the end of the year. so it's as if they always succeed at the end of the year.
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I think it will be very difficult if the blockchain can replace the bank. a bank is an institution protected by the state, and the majority of people still use bank services as a transaction activity. and not all countries have legalized cryptocurrency. according to my thinking, maybe one day the bank will adopt the blockchain system and use it for the bank's progress. so I think it will be very difficult if the blockchain will replace the bank.
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yes, I am still confident and optimistic about crypto. I am sure that someday everyone will want to join the world of cryptocurrency and it will certainly make us all happy. even though cryptocurrency cannot make it rich, at least with cryptocurrency we can all look for additional income. and I think that will be very helpful for my life needs.
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I strongly agree, we must cultivate early if we are self-employed in our children. because in my opinion, the best job is as an entrepreneur and we ourselves as managers. because in entrepreneurship we must be more careful in seeking income. because if you are not careful then the losses that we will get. that is what we can instill in children. we can teach them entrepreneurship with what they enjoy. for example we see our children like and like animals. so in my opinion we facilitate them and teach them how to breed the animals, so they want to learn to be livestock. that way they might be more enthusiastic about what they enjoy and can also benefit from the results obtained. there are no successful employees in my opinion. someone who is successful is the holder of control of a business itself. and it is mandatory for us to mentally cultivate entrepreneurship with children.
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everyone has a way and a strategy for successful investment. so that way can not be used to succeed other people's investment. but we can learn strategy with that person and imitate or make guidelines for our investment to be successful.
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It is true. people can be frustrated or disappointed when crypto prices continue to fall and do not improve. so that makes investors frustrated and investors to sell so as to lose. we as investors should be able to overcome our psychological when it happens and we must be patient to wait for a long time.
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It is true. in fact the government is difficult to legalize bitcoin to become a usable digital currency and make bitcoin a source of state tax revenue. the decentralized nature of bitcoin makes governments afraid to take policy.
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all countries will surely do the same thing as the European countries. if we want to transact in their country, they want to know the data of ourselves and all activities of our transaction. to keep their country safe from strangers and safeguard the security of their economy.
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all that can happen. corruptors can perform money laundering actions to run from a state penalty, and the money can be used to buy bitcoin or altcoin. if that happens then the government will find it difficult to track and search for evidence of crime. because bitcoin users are very difficult to track and bitcoin transactions are very difficult to identify.
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bitcoin facilitates the activity in terms of digital payments with a high degree of accuracy and very fast and secure. and bitcoin make it easier for us to conduct financial transactions with other countries. without having to exchange our money according to the country of destination.
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