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It is better to get acquainted with video materials or simply to read interesting articles, a very voluminous topic, and it's too late you started thinking about them. Here everything is already divided and divided.
Start with https://www.coindesk.com , here you'll find all information described in simple way, great resource for beginners. |
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For me I recognize a comoany by look at there website if you are pertainingto an ICO well they this chart to identify if its hard capital or soft capital if its hard thats is the right time to celebrate it well a a good future.
It's probably worth your time to check company's media coverage, their documentation (the mere absence of such should ring an alarm bell), the top management background (especially for involvement in fraudulent activities) and general viability of their business idea. You should check carefully mediaresources, Whitepaper of the company, founders, investors, advisors and should always remember, investments in ICO's projects, it is a high risk. |
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Cool.Now i am watching the website that you provide here. Really its very necessary for me.Everyday I wants to know about new thing. specially about crypto currency. Your link will help me in future a lot.Thank you man.I have noted the text into my doc file. The best resources for beginners are https://www.coindesk.com, here is explanation of basic terms in a simple way. |
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Hello everyone, I would like to know to where to get
an idea on knowing how to predict the increase and
decrease of bitcoin price. Is there an applications or
software? If anyone have an idea please share it with us.
Thanks
Are you joking ? It is absolutely impossible to know when Bitcoin will increase or decrease in value. The only reality is if you think Bitcoin is a good thing for humanity, Bitcoin will increase a lot. That's pretty much the harsh truth I'd say. It's similar to any other stock or currency. If you don't have insider knowledge, you just need to be lucky or invest long-term if you think Bitcoin has a future. It's diffucult to predict bitcoin price, in my opinion bitcoin will only increase. |
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I think when bitcoin increases and not only bitcoin but all altcoin price increases then its exploitation will decrease significantly as if exploiting too much when price increases will affect the market and its price will decrease. At that time, the amount of coin supplied to the market would satisfy the buyer, leading to a decrease in its value
Because of the number of bitcoins decreases , amount of miners keeps increasing. |
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Great start, Mike! I have a similar story about the crypto world apart that I decided to not invest until getting enough knowledge about investing and crypto itself. How do you fill, it was the right choice to invest just at the beginning of your path in the cryptocurrency?
Great to see you here, this resource is useful for beginners, and also i recommend to use https://www.coindesk.com . |
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Does bitcoin exchange rate varies from time to time?
Yes dude ,Bitcoin price is changing every minute even in a second just like the fiat currency. If so, when is the best time to convert bitcoin into money?
That depends , for me if i get a total of 30%percent of my total invesment i will convert it to cash. Is it necessary to just save all the bitcoin and trade or use it after several years?
Yes dude if you considered Bitcoin as a long term investment. Bitcoin exchange rate varies every moment |
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What are the processes of bitcoin mining? What are the tools needed?
For mining, you need a lot of resources, and alone it's pretty problematic. But even this is not all, you need then to understand your profits from this and whether it covers your expenses. So many do not want to get involved with this by way of simpler. Purchase mining hardware, decide mining in a pool or alone, download a mining. |
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I will explain,bitcoin is virtual money a lot of people use it to send or receive to another person,with wallet your created by yourself
Bitcoin is a decentralized online payment system and digital cryptocurrency. |
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No, I wouldn't sell ETH fot BTC, I believe in its future. Besides you never know what will happen next in this sphere, so just splitting your assets is a better solution
No, I recommend to hold in Bitcoin and Eth in order to diversificate risks. |
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There are other strategies too. For example looking for really good project that hasn't had much marketing. Or picking up a coin that was heavily sold off due to people dumping but has a bright future ahead.
Read carefully Whitepaper and try to gather as much information as possible about this project, it's investors, advisors. |
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