Hi guys, Is it too late now to buy BNB? Or can we expect huge price drop in this year?
I don't think it's too late to invest in BNB. Even if the trades you make will not make a sufficient profit, BNB is a strong coin and has strong fundamentals. I advise you to keep investing in BNB with little profit.
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I have looked at the website and to be honest I am not sure about the tokens you will have invested. I mean what value can I get from investing in that project. Everything that was explained on the project was something uninteresting that would have made me invest a few dollars there. Actually I was suspicious about the project but I can't judge it because I'm not good at investigation haha
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If you look at the current market I don't think we can talk about altcoins that are cheap but worth buying. For now I prefer to invest in the top 100 coins and tokens on coinmarketcap. Currently I have deposited about 30 types of altcoins with around $100-$1000 assets but I advise you to choose tokens and coins that you trust.
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For now Shiba is getting into the token meme which I think is still worth keeping because it is widely known and many people believe in that token. I advise you to save your meme tokens as I'm sure Shiba will be back on the moon sometime in the future.
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All because of the trust and high risk of investing in altcoins. For now I think BTC, ETH and BNB are the main players in the cryptocurrency world and they are the basis for buying other crypto assets aka altcoins. It's too risky. You like betting. Because if you are lucky you will be able to buy a coin at a price that will go to the moon some time after. But people are skeptical because if you fail, then you have to be prepared to lose your money. And the thing is there are so many altcoins you have to choose from to find those gem coins.
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Meme coins at very cheap prices do look very tempting to attract the coffers of money. But of course this is a risky investment. You can be a millionaire because the price goes to the moon but meme coins can also be manipulated by whales. Too ambitious for me is not good but I will still invest my money in some famous meme coins like Shiba and doge.
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If you can say that the reason I hold Bitcoin is because I think that my Bitcoin is my investment asset. Although there are some people who think to use it as a currency exchange. I'm not going to bet on the Bitcoin price going up high but I just love collecting Bitcoins. That's my personal opinion.
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Wow! Its Crazy !! I can hardly imagine how much BTC would cost if it were selling at the current price. But if we talk about realistic things, of course we can't talk about the current price at the current price because no one can predict the price of BTC will rise this high. Imagine if you sold at least 160 of BTC at a price of $ 1000 around 2015-2017
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Bitcoin Halving Day is an event every four years where the reward for Bitcoin miners will be halved every 210 thousand blocks that occur until the maximum Bitcoin capacity limit is reached, which is 21 million Bitcoin. I don't think we can pinpoint the exact date because this is an annual event and it goes from year to year and there is never a fixed date in each year.
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I have seen on the news. And I think you're wrong about the rejection from the IMF. I have seen that what the IMF is doing is an option to reject the use of Bitcoin as a digital currency that can be used for trading transactions.
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Wow! that's a Crazy. if only he wants to hold those coins for 7 years of course he will get 160x5000 = $ 80,000 !! A thousand times what he had earned! I can't imagine if I was in his position. I don't have words to describe how I feel if I do that and I'm in this year. That's crazy man. But I'm sure he also has his reasons for doing that. Just like people who have sold their coins and then some time later the price has increased tens or even hundreds of times than when he sold it.
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You deserve appreciation. What you are doing is a good deed to educate people about Bitcoin. I'm interested in your story. I see here that there are some students you have taught and they are showing an interest in Bitcoin. This is certainly an indication that if we do education, I'm sure there will be many other people who are interested in the cryptocurrency world.
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Everything is about value. An object will have a good value in the eyes of the right person. A painting will be of high value in front of art painting collectors. Likewise with Bitcoins. Just like when I was a kid that made me think what Bitcoin is and if I were a kid I would probably prefer a $50 toy instead of 0.1 of Bitcoin.
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Of course that is a sure thing. If big businessmen make maneuvers in the world of crypto currency, this will have an effect on the price of the cryptocurrency itself. Because as we all know that the price of cryptocurrencies is influenced by market demand and it is certain that if large corporations and big business people enter the world of cryptocurrencies then I believe the price of cryptocurrencies will rise.
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The private key has a function like a password that can be used to access the account that we have. The private key will translate the information intended for us and sent to the Blockchain, so that we will get access to data or crypto funds. Here are some tips from me that you can use: This time I will share tips so that the private key is safe even if it is lost. 1. Save it to File.txt with a name that's easy to remember saving the Private Key to a txt file whose file name is easy to remember is much better than putting it in an arbitrary file. 2. (Double File) That is, save the txt file earlier in the encoded rar file, then save it again in the password-coded rar file This is so that the txt file cannot be penetrated by anyone if the file falls into the hands of someone else.
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If we are using a rough calculation, the last stock of Bitcoin was probably mined around 2140 . When the last Bitcoin has been mined and there are no new Bitcoins, the Bitcoin mining process will be finished.
Even though the Bitcoin supply is running out, Bitcoin miners can still profit from Bitcoin. This is because Bitcoin transactions that occur on the blockchain network will require a series of verifications. So, the miner's role will shift as the party that verifies the transaction.
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I think that is an optimism. I prefer crypto currency because it is decentralized. Paper currency will only make some countries rich and some countries poor. If it's a cryptocurrency then I think everyone will get the same opportunity with a currency that's the same value and only influenced by market demand.
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In the future, almost all countries will adopt cashless transaction technology. And it will reach all sectors in everyday life. And with the technology brought by Bitcoin, this will make crypto currency experience good growth every year. I think in the future there will be many crypto currency technologies that will be applied in every sector of life. That's why I believe that Cryptocurrency is a great investment asset for the future.
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I was actually wondering if there are any restrictions on age as to investing in Bitcoin? I read threads where people have constantly introduced Bitcoin to their underaged children (10years below) and I really don't think it's necessary because I feel those kids still have some mental growth to do and since Bitcoin is a very volatile digital asset, I think children shouldn't be made to go through such stress. Same thing also applies to the elderly as I've also read news of people trying to get some retirees investing their pensions into crypto rather than advising them to relax and enjoy their pension and I really wanted to know if it's wise to get kids and elderly into the crypto industry.
Nope. Bitcoin is an investment asset that can be accessed by all ages. But if we talk about regulations in each country, it is indeed a thing that needs to be done by a cryptocurrency trading company to make age verification. Because there are legal boundaries between children and adults. So if we talk about owning Bitcoin, there is no age limit. But if we talk about state regulations, then cryptocurrency trading companies must make clear regulations regarding people who trade cryptocurrencies.
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