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The biggest mistake that i've ever done with bitcoin is when i invest all my bitcoin in a hyip site but that is nothing for me now because that was just 0.5 and the price on that time was only 500$+ so i don't think it is a big loss because i already learned the lesson of managing my bitcoins and i already know where to invest my bitcoins and not into hyip sites.
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Getting porn sites to accept bitcoin is a good idea for getting more adoption from other people and also addition for the current bitcoin users now. We all know that there is a lot of people who love porn and also no sex life so they just depend on the porn. lol, But seriously if porn sites will accept bitcoin then it will affect the market a lot because current porn sites users will use bitcoin as the bitcoin is anonymous and there family or anyone can't trace their transaction of their money/bitcoin.
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Banks would use blockchain because it is more affordable and also it can expand the number of its users because those people who are using blockchain will try banks that use blockchain too. Blockchain is much cheaper than the traditional system and it also offers fast transaction, So i think banks should use blockchain as soon as possible.
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If no one spends bitcoin then the cycle of the supply of bitcoin will not be obeyed and it will affect the market a lot because there is nothing or only few supply of bitcoin in the market then because of the high demand of buyers of bitcoin, the price will be high and that will be good for people who have a lot of bitcoin but those who are just getting started in bitcoin and trying to invest then it will be the worst case scenario for them.
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I am much preferred to invest in poloniex due to it is already being established for a couple of years in crypto currency. It has no other issues before nor controversy involvement. That's why many coins are very much trusted on this trading platform
Poloniex is very good for altcoin trading. It is good for Ethereum as well. Poloniex is where i trade altcoins for at least a year now and i can say that it is one of my favorite altcoin trading site because it is easy to use and most of the stable atlcoins are there so i don't need to go to other site just to buy other coins. I'm also buying ethereum now because i see that the price rises up a little bit and that is a good sign that it will continue in climbing up. |
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Put your money in an exchange site, buy altcoins and start trading. Or you can start investing your money in some legit investment site. But the most easy way to earn btc is through trading altcoins.
I'm not sure that is the best way. I think there is too great risks. You can simply buy Bitcoin. If you do it will hold, soon multiply your capital You think that there is high risks in altcoin trading because you didn't try it yet. If you try altcoin trading then your beliefs now will change and you will fall in love in altcoin trading. I also do altcoin trading and i'm one of the proof that it is the best source of income and i already earned at least 5 bitcoins in that field. |
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Taking motorcycle loans or any kind of loans is seem impossible for now because the price is not stable
It can change anytime so it can be an advantage and also disadvantage.
I think loans like this will be good if the bitcoin will be more stable.
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both are good as gold is more reliable and stable currency of the world, but it think the problem is that most of the people cannot afford both gold and bitcoin, therefore they have to do select only one and i think the best option will be bitcoin as bitcoin can give good profit in a short time becuase bitcoin is not stable and there is always big changes in the price of bitcoin
If a person does not have a lot of money and he want to be practical in doing investment then bitcoin is the best kind of asset for him because the price changes fast and anytime it can goes up high or down so that is how we can make money. If he earn a lot of money from bitcoin then he can put some money in gold for doing long term investment and also more stable than bitcoin. |
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I'd say just keep it. There might be crashes in the future but so far it's a steady rise for btc. Only cash out for your monthly expenses you can't pay with btc or for funding investments that you can only get with fiat.
It is good to keep it as the price will rise later. I mined some altcoins, but the price is getting lower. If you think the price will rise later, it is better to hold them for the long term. Holding bitcoin for long term is the best option to earn decent amount of money because we already saw how bitcoin price react in just a few months then how much if we save and store bitcoin for at least 5 years then it will be dramatically very high price. On the other side, Altcoins can be also hold for long term but we need to make sure that it has a great support of the community and also stable on its price and not that hype kind of coin. |
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You can also mine bitcoin from home. using come devices
Mining bitcoin needs a lot of money because you need high end mining rigs to be able to mine bitcoin well and you also need a stable internet connection to make an assurance of your mining 24/7. Mining is very expensive because you need to pay attention in doing mining rigs maintenance,internet bill and also the electricity bill and the ROI does not come to fast. |
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Bitcoin is worth than cash. It has a big possibility to increase its price after 10 years and maybe it will doubled. Unlike cash, it is a very stable currency and you didn't earn on it for how many years when you save it. Bitcoin also is a key to our economy to be succeed because we import the bitcoin into our country by converting it not by rolling. And bitcoin also is better investment because many investor use this currency and thats why we choose bitcoin instead cash.
Agree. Bitcoin is very volatile and that is why it is best to choose bitcoin over cash because of the possibility to earn a lot of money in just a short period of time because bitcoin price moves up really fast and that is why a lot of people are now into bitcoin. |
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I don't think so,Bitcoin will never replace dollar.this two things are different. We know the price of dollar and I think nothing can replace this so Probably its not possible.
same with me. Bitcoin will be superpopular in the world. but never replace dollar. Bitcoin will never replaced dollar because dollar is so powerful and the governments and our world needs dollar or fiat because that is the traditional way of doing transaction ever since then. One of the reason why i think bitcoin will never replaced the dollar because it doesn't have fixed value and that will be a chaos for people if a currency doesn't have fixed value because how can they use it appropriately if the value can change anytime. |
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Some newcomers such price drop is taken very seriously. After Bitcoin will become cheaper by $ 100, they begin to hysteria and sell everything
It's a common practice in basically every market. They panic sell at a loss when the price goes down, and they buy back their coins at a premium at the time the price goes up again. Point is that they after a while figure out what they did wrong, so they won't make the same mistake again. And there are always people that never learn as they continue to make rookie mistakes. These people should just quit trading. There are people that are natural trades and there are people that are not, so for those that cannot stomach seeing the price of bitcoin going down then it is better for them to get out of trading for the rest of their lives. for those who just came in and did not have much experience against their trading Akak tend to panic on price changes and tend to sell everything that does not apply to people who have more experience against trading you are right, if people are prone to hysterics, then it is better not to engage in trade. They may succumb to panic and sell all of its assets at the wrong time. And then all my life regret and complain about cryptocurrency therefore if you make trades or hold many bitcoin. stay calm despite the panic occurred. because if you come with a panic maybe it will count against you. which is important to remain calm and do the analysis before selling or buying Yes that is true. Before doing any kind of decision even it is buying or selling we still need to do analysis to make sure that we are doing right because if we are greedy and we just let our emotions to win over our mind then it will result for even worse than we thought. |
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In terms of being practical, Yes I will invest in MLM scam in early stage because i know that i can make profit from it and i can take advantage it by recruiting a lot of people and then i will do the hit and run scheme where i will harvest my ROI and then my commissions and i will ran away before it turns to scam  . |
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Bitcoin price is now on the moon and i think it will go higher than the moon because of the good progress that bitcoin had, I wish that the price will reach 1,500$ so i can unload my bitcoins and take a rest and just watch the market then if the market dumps then i will invest all my money again. I just always do Buy Low Sell High.
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Trading is not an educated guessing, its also added continous learning that will enhance our knowledge on how we can manage our time well. Even pro traders made mistakes on trading because of emotions during trading. Its not easy it will takes determination also so we can get earn profit well.
Yes that is true. Trading always requires continuous learning if we want to be successful in trading field. I also agree that even the most pro trader also makes mistake because no one is perfect and it can be the cause of his emotions or wrong analysis but he can minimize that risk of getting loss by studying the market more and engaging better analyzation and better decision making. |
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People who succeed in becoming an investment are those that have a lot of capital. but not only that, the strategy and look is also very important referall
the more capital you have to invest the more you can lose not only earn, with investing it is important to be really careful it is better to invest in bitcoins only in my opinion because with it you can only earn, you just need to invest on big dumps and then sell it when the price is really high. Besides that you can try trading cryptocurrencies but it requires more knowledge about it as some of them has potential to grow and some not. Even having big capital is not seems very risky because of high chance of losing but it always depend on the person that investing, if he has knowledge in what he is doing then it will be a good but if he is not then it will be a bad. Doing buy low sell high in bitcoin is the most basic thing to remember but now even the price is high we can still buy because it is still a good price for doing long term runs. |
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Buy several altcoins  Even if you are planning to purchase the alt coins you have to be cautious while entering it because there are several coins out circulating and there are many projects coming out every month and if you think that a certain company has legit offers then you could invest in it and make some money and for that you have to be really lucky to pull that one .Trading is an option any can do with any amount of money. Most altcoins come and go, one of the biggest newbie mistake is to think of altcoins as you think of bitcoin, you must always be ready to dump your coins if it comes to that since you never know when the price is going to go down. yeah newcomers should understand that the life span of the different altcoin with bitcoin. altcoin quite possibly a very short lifespan. so you must continue to be vigilant when investing in altcoin Most of the altcoins has a short lifespan because most of them are just to make trades and make money and not that serious project like bitcoin who will be in long term. But there still a few altcoins that are good to invest for long term becuase now the price of bitcoin goes up and it affects a lot of the price of altcoin and it makes it cheap so if you are planning in investing on altcoin for a long term period then you can choose for those top altcoins because most of them have a high chance of stability for long term. |
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I think they keep saying that bitcoin is dead because they didn't earn that much like others do and because of that they think that the current high price is only a hype and anytime it will go down to its maximum dump. Those people who are keep saying that bitcoin is dead are probably losers of this game and they can't do nothing but to say different words that against bitcoin  . |
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Investing is a risky business. Mostly we don't know all the information about the company you are going to invest and it turns out like casinos. Maybe you'll get lucky, maybe not. I think it's better to make a Deposit in a Bank and store money there.
Nope, You're a fool if try to invest your money without any knowledge about the project. because the legit project was offering something new in our community. If it looks like a gamble still depend on the developer's performance. Yes that is right, if you are investing into something and you didn't know what it is all about then you are a legit gambler because all you are doing is to choose and invest and you are not a good investor because good investors do research first and analyze the informations that he got and after that analyzing then he will make an conlcusion if he will pursue investing or not. Investing is not a very risky business because it enables us to grow our money even more. |
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