I agree with you. But there is no safest investing in crypto because the price change drastically can profit and loss. Investment risk in Cryptocurrency is greater. Why is it so because there is a significant decline and increase. So, a big risk of giving a big profit but losses can end a lot or vice versa. Therefore, we must make a plan or plan in order to minimize the risk of loss and have a plan to refund the lost funds.
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If I am both. Followed IEO and sold while in the market, most likely the price dropped because of the number of people who sold at the time. Then buy again when the price drops. Make our profit twice as big as before. But IEO is now not crowded as before because of the many boundaries and participants.
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Although hurry may not be why because they are supported under the Chinese government. where they adopted the blockchain in its government. As Chines Central Bank launched crypto called "DCEP ". They are under the auspices of the Government because it is their central bank and adopts the blockchain for them. It does not hurt if they rush how good this news is good for people to know more about the development of today's cryptocurrency.
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It greatly impacts Bitcoin and cryptocurrency. Last month Bitcoin and Altcoin experienced poor prices on market exchanges because of the many bad news that happened. And then there was news from China that said the government would adopt a blockchain that resulted in bitcoin increase yesterday. Hopefully, other countries follow it and we don't need to be over to the cryptocurrency in our own country.
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It may depend on the country whether to legalize something. But suspicion is going to happen anywhere over an unexpected big deal. In my country the bank is not authorized to take care of such problems, his small amount of nominal does not affect and suspect they transact because it is the authority of the customer and the bank should not interfere unless there is a report of one of the parties Not in the benefit. So yes, what else should we obey the government to make it all okay and obedient in paying taxes.
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People before entering the cryptocurrency world should understand the risk there is so they are not frustrated when their money is lost in business. They also have to set the future plan to neatly arrange our plans made so that they are not at risk in the future. No word beginning and end only people should adapt the current taste in which the 4.0 digital industry develops.
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Maybe the same payment will not use the cryptocurrency because their price is not like a stable fiat. May only adopt the Blockchainnya system. Where transactions are more transparent and can be tracked well. The tax will continue to pass in my opinion, otherwise, the country will suffer losses from the tax itself. Even if the future of crypto will be a payment in various countries tax will also be the road to the nominal price that has been calculated using the crypto.
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Saving Cash is not bad for daily use just that they are wrong too much save cash and do not play it in business or right effort. Good storage is storing fiat that is not at risk but still, inflation Can happen, hence they see cryptocurrency can be a tremendous payment in the future. Now as China uses blockchain in its government where bitcoin prices are now rising. So much enthusiasm of the country to develop the blockchain and will be followed other countries in the future.
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I agree with your reasons why Bitcoin can be a future payment. Bitcoins are now more popular than ever. The increase in bitcoins that now make rich people and change them. I also used to be just regular unemployment and learn what a cryptocurrency is and now change my own life. This blockchain system can be relied on for future payments more secure and transparent. Like China now the government's onslaught told to adopt the blockchain.
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Cryptocurrencies usually follow the existing trend flows such as when trading there are trend rises and downtrend. As the style event model has its time and will be replaced more efficiently and crowded. It is true that I think bitcoins help reduce poverty like myself since I participated in promotions and other prizes. However, we must at all times be ready if there is a new trend model like the ICO is constantly dying and moving to IEO.
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Maybe very difficult to solve this problem where the cryptocurrency itself is anonymous. If it is impossible to stop scams just by catching them inevitably others will not follow him like that. New projects now there is no brightness to develop even though the project is good at because investors are not sure to invest their money there. IEO becomes a solution but now it is no longer in demand by them because it also has a big risk. On the basis of investors now prefer to save their money by buying Bitcoins or altcoins that are already old.
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I use Crypto as my daily life. Usual I do both of them as you explain. I do a good project promotion where to get a reward and I use for both short and long term trading. Usually if the daily trades I choose a new altcoin rising or famous on that day. And if for the long haul I ordinary choose BTC and ETH are more profitable in the future. Not hard to predict that blockchain will be useful in the future. Sees only the popularity of Bitcoin will have an impact on countries that want to adopt the blockchain as China.
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All wallets must have their own advantages and disadvantages. It cannot be in the undeniable certainly one of them has a deficiency in every sector of security. Or the term is not a secure system. But if you ask me. I still use Imtoken and trust already 2 years and until now it is safe and smooth though some bugs and apps are slow in later days there will be updates as usual to fix.
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Before diving into crypto-commerce we must create a plan or strategy. Most new people just follow and trade without any plans and are not ready for the risks faced. But the toughest risk is to lose where the bad market is happening. Therefore, we must prepare the mind and plan so as not to suffer high losses and can be minimized well.
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Such a junction of arguments above where the financial crisis is not merely an eye and behind by Crypto. I think Crypto makes my life and people better than ever and it makes crypto very useful for the future even though some people don't argue like this. In Crypto, there is certainly a name of profit and loss we can not resist the sustenance which we can later on. So if talking about a future crisis maybe just an expert who can explain more in than I do.
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Nobody knows about the future crisis of Econominans. is just a professional expert who can explain in detail how to avoid economic crisis. If you say the economic crisis can use a cryptocurrency method is not possible even though the price every time has a very high increase and gives a lot of profit. It will not make the economic crisis disappear because only people who understand investing like this.
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Price manipulation surely exists and is done by the traders who have a big money class. They can play the price and drop the price at any time and we just follow it. But every good news is definitely bitcoin price always rises because that is where the future will more adopt the blockchain and the bank will follow suit. As in China, they want the government to use or adopt a blockchain system. But out of there many also will defect disagreeing and will drop the price of Bitcoin in the future. In crypto, all can happen well.
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KYC should be unusable and instead make our data scattered by those who are evil. Why so? Not a cryptocurrency transaction is anonymous and transparent through the blockchain system why we told to do KYC? What I fear is that the market is not responsible for our data will later be used by them to register an online loan or ransom using it. But its good side KYC makes it decays people to duplicate their real self on a site if there is a loyalty to the distribution.
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Is it risky if the market situation is bad? I will buy Bitcoins if the market has improved as it is today, but it does not also benefit because the price is still very unstable up and down too deeply. If price Bitcoin can be stable up maybe yes, I can invest every month to buy Bitcoin little by little to add my money slots to become more for the long term.
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The first thing to explain is what the project is and the benefits the project has made. If only mention all that is the means of investment they will assume it is only a Ponzi scheme or can also MLM. So we have to explain slowly about the blockchain than to various projects that will be invested to know they are not the wrong way.
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