Majority of people do not accept the changes just they smoothly in their life,People dont believe you until practically you did and got success.The best way to convince or engage the people to show practically work which you done successfully rather than said words.
Indeed, by showing evidence it wont be hard for them to believe that using btc has benefits and investing is profitable for long term. Nowadays people dont believe easily especially when it comes to online matter unless you show some proof that can back up your statement. |
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A roller coaster that goes up and down but not like a real roller coaster that ends up on the downside but always manage to go up. It's a ride that is definitely worth it because it's a win-win in the end.
True only risk taker can manage to go on with this roller coaster ride. When the value is in dips, we feel different emotion and thoughts but its an opportunity to buy more. When it goes up its the time to sell or hold for long term, but for me i prefer to hodl it for long time and cashout when it reach my target value. |
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Ive met some group of financial adviser, they told me that the best way to aquire bitcoin is through cloud mining, they gave me names of trusted cloud mining providers and as of my research, they are well known and trusted.
Then ive met some people, whos already earning big bucks on bitcoin, they dont recommend cloud mining. They told me that its expensive and risky, but as for my understanding its good way of gaining passive income.
What are the possible reason on thier contradiction?
Whos recommendation should i try and why?
Unfortunately those who claimed to you to be a good financial adviser did not do a good job as they ended up giving you information that was not right. Cloud mining right now is the last thing you really want to do and you will be lucky to even get your investment back in the long run, better still, if you have enough bucks to invest, you can just start your own mining yourself or simply just buy bitcoin and keep in your wallet. Mining is suggested only when industry level of operation is planned otherwise mining some altcoins and then converting into bitcoin is also a good idea for new aspirants. I agree with you cloud mining is not advisable to put your money now, majority of it are just ponzi schemes. They pay at first but will fail fo pay you as time passes and will only give you headaches. Listen to an experienced one who already earn bucks because there are many ways to earn crypto especially if you have good amount of capital. |
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Most airdrop are shit coins but not all, there are few that has value and if you have guts to wait for it until it reach the price you wanted then do it. If its me i will monitor for a few more weeks and see if there are some changes. Nevertheless the decision depends on you and if you think you dont want to pass the time that it still has value and you need money then sell it.
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Was it a suggestion from a friend or a news article? Or were you looking to find a way how to make money?
What was that one thing that convinced you to start dealing with Cryptocurrencies?
I enter the world of crypto to earn money. I was not serious about it at first, out of curiosity i joined in an investment program in fb with the help of my friend and thats the first time i heard about this crypto. Later on, as im jobless at that time i research about btc and reading some reviews how users make money by just investing. I was convinced and thats how it started then the rest is history. |
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bitcoin prices continue to rise as this is one of the causes of increased bitcoin users, whose goal is to change a much better standard of living, give your feedback on this?
Those who invest early in bitcoin and hodl until the price pump drastically were the ones that are rich now and their patience and long wait are paid off. We all have one goal when we invest and that is to earn or dreaming to become rich someday, that is possible if we invest huge amount and patient in our investment until it grows. |
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Every investment has risk so if you cant handle it then dont invest in cryptocurrencies. The value is unstable we never know whats going to be the price of it in the future.
However it can give you good profit if the price increase like last year, if youre going to invest in btc this is the right time as the price decrease a bit.
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Congratulations to your dad, he is really lucky for buying the coin without knowledge about it.
Sometimes the coin we thought that has no value is the one that will going to give us good profit. Im seeing Elixir as a good altcoin and upon searching i think this will be one of the promising coin soon.
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So the question is if Bitcoin Trading is a Gamble or not?
If you put your money in something without assurance of return or you dont exactly know the outcome then its like gambling. However in trading, you have the control if you will sell your coins already or wait for your specific target price in short it depends on your decision unlike in gambling wherein you have to depend in your luck. |
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I don't think that bitcoin will increase forever. As we all know, it fluctuates. It may astronomically shoot up today, but it may also drastically crash tomorrow. Bitcoin is quite unpredictable.
The value of it is base on supply and demand, therefore if many investors sell their btc the value will go down and vice versa. We cant predict the price of btc and obviously its not always increasing just like at the moment, the value in the past few days increase then slowly dropping again. |
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Hi all, i have 2k to invest now. How i divide it to create a good portfolio and also your opinion of what to buy  thanks Consider to diversify your investment your capital is good enough for many options out there. If its me i will choose btc, eth and ripple. Btc will always be my first choice because its the first crypto and well establish. However better to do your own research and see whats best that is likely to give you sure profit. |
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What do you do after you suffer a huge loss?
If you have more money would you again take the risk and invest or would you just stop trading and try to earn in some other way?
If I had a huge loss, I would risk trying to invest again, because in the world of cryptocurrencies we can not predict when we will benefit or lose. so I took this risk because I was sure I would get a huge profit and restore the losses I had earlier. Yes we cant gain anything if we dont risk or invest again. After a huge loss i will stop investing for a while and after getting back myself into this reality i will try my luck to invest again. Investing is risky and we should be prepared for the outcome even it didnt turn out well, what important is you know how to deal with this loss and move on. |
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gambling never will be stop. They try to stop repeatedly, but cannot fight the urge to play. Some gamblers say they are just trying to win back the money they have lost But when they chase their losses, they end up piling up even more losses
This is basically addiction. These gamblers don’t find anything better than this harmful game. They involved into this and lose again and again but still they didn’t aware of the losses hidden behind its charm. Like you have said, they come again to win their losses back but again they encounter with heavy losses. They must be aware what is better for them in gambling and what isn’t so that they can live happily. Unfortunately they cant think whats better or not if youre addicted. They are just focus to get back the money that have lost and didnt think much of anything. It will be hard to stop people to gamble because its part of our lives, the people itself can decide wether he will bite this game or not, we are not coerce to play its up to us. |
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Some time ago the bitcoin rose to more than ninety thousand yuan, the price of bitcoin fell last night, in fact, this is the normal price fluctuations of bitcoin, any high yield is facing high risk, you can choose to invest or wait according to their own situation.
Thats true the key is right timing when to invest, its a good chance to buy when the coins are in dip but not all the time we can speculate the right moment. Hence its up to us if we think we can afford the current amount or wait for it to decrease a bit. |
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I submitted my application. Thank you
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Hi guys! Can you share some tried and tested tricks on making the most out of your buck and also some tips on how to save money more effectively. This will be a heck of a help to our fellow users here. Thank you so much.
Discipline yourself not to spend so much especially in the things you dont really need. If you have money, manage it wisely and set aside the amount that youre going to save. Not necessarily huge even small amount will do, what important is everytime you have money in your hands some of it will go to your savings. |
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What do you think should be done?
We can do both joining in campaign and trade at the same time it depends if you have capital to start with in trading. What would you do?campaign or trading?
Well for me i can give enough time in campaign, i cant focus in trading because i have work. However i have few coins save for long term. |
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About 90% of my investment are for long term, i rarely monitor the price because i have specific time when to sell my coins and if the amount dont meet my expectation, i will still hold it.
However i take profit at times particularly in my btc investment just like in the past holiday season i withdrew 10% of my bitcoin to buy gifts.
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I started 2017 broke and with a very low wage. My girlfriend also broke up with me in the beginning of the year.
Although I had committed some trade mistakes I was able to get 400% gains, thanks to btc. This gave me hope and made my year a lot better.
I wonder how many people bitcoin "saved" this year, even preventing some suicides maybe.
Congrats to you. Well i also have same stories and bitcoin has a big part with my achievement this year. Because of the dramatically increase in its value for the past few months i was able to earn good amount with my initial capital. Indeed my decision is right not to cashout my btc when the price is in dips. |
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Do you think bitcoin will help debt ridden or poor countries to improve the standard of living and also will bitcoin help these countries to become financially stable if they adapt crypto currency ?
I think not directly the country but the people itself. If they started to invest in bitcoin they will be able to earn extra money even you are employed, it will reduce the jobless people and its good for the country, the problem of government to give their citizen a job will be lessen. This is one of the major problem of our country, and im seeing bitcoin as an answer for this issue. |
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