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Unfortunately I am currently going through it. It's a huge pain, and I can't wait until I recover. Some of my symptoms have been throwing up, a fever of 39 degrees, breathlessness, and so many more. Hope you have a speedy recovery.
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It won’t ruin your life if you understand the basic concept that trading bitcoin and crypto isn’t a quick money scheme and patience and balance are important to carry out the process calmly and practically. Rash decisions and approaching the market with a narrow mindset, won’t help you grow. If it gets too overwhelming, take a break.
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In times of uncertainty, it is better to hold on to your current investments. Changing the course of events will only bring you loss. Just hold on, be patient. Watch the market and spot the right time to make a move. Mistakes are normal, but repetition just increases chances of risk. There is hope.
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It’s everyone’s own decision to have bitcoins or not. But those who have them should not always be bragging about their bitcoins because not everyone is interested in them. On the other hand, those who don’t have bitcoins don’t need to feel bad or get jealous because it’s not the only thing you have to invest your money in. Put your money in what you understand and not in something that you don’t.
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I don’t think it would be right to say that bitcoin can save the economy. That’s simply because not every country is going to accept it as a legal affair. No government would like to lose control of its financial system and that’s easily understandable. What is even more wrong is thinking that it is a good way of making money. We better don’t overlook the risks involved with crypto trading.
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When your real money gets involved, fear is real. You won’t be able to take a step ahead if you are not careful enough to save your money. Learn it or don’t do it at all. Chances may be expensive.
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It is not possible for bitcoin to replace the dollar when there is more than 80% of the world population that has no idea about bitcoin. It will take decades for all people to know about bitcoin and believing in it is a far away thing.
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It’s not easy for everyone to understand how bitcoin works. I didn't even understand that in the very beginning. I thought that there is only one person who mines bitcoins and traders have to buy from him and then sell to other traders. It took time for me to find out what it is in reality.
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It’s a great idea but not everyone would be interested in such a movie. I know that bitcoin is popular but it is not so popular that everyone knows about it. But we can also see it as a way of making more people know about it.
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The Crypto market has been trending upwards for a while now. The pandemic helped cryptocurrencies on their way up and is today more profitable than traditional investments.
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Many tried to stop Bitcoin from becoming successful. It didn't work. When it comes to new technologies, there are always people who don't want them to survive. These are the same individuals who are trying to stop Bitcoins. Many countries in the world tried to stop Bitcoin and failed. Bitcoin has been accused of a lot of things. From funding terrorism to money laundering and even using it for criminal purposes, it has not stopped the people from using it.
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There is no denying the fact that cryptocurrencies are important for any country because of the people’s trust in them. They are transparent and offer a faster and safer way of making transactions. If people decide to hold them for a longer period of time, it can also help them fight inflation.
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I don’t think so. In fact, bitcoin not being regulated is a major reason why people invest and trade it. I don’t see any chances of bitcoin getting regulated any time soon.
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No, I don’t. I didn’t even think of doing that because I consider bitcoin as an asset. Moreover, there are not many things that I can buy with bitcoin or any cryptocurrency. So, I am good with fiat currency.
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Not for all, obviously. There are still a lot of people in the world who hardly know about bitcoin; using it is a far cry for them.
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That’s simply because young people know where the world is heading these days. They know that cryptocurrencies are our future. They like the fact that they own their money because cryptocurrencies are decentralized and there is no involvement of the government.
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The keywords that come to my mind while I hear bitcoin (BTC) are: · Mining · Wallet · Blockchain · Private key Cryptocurrency
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So far, I never heard of an incident where bitcoin was attacked; maybe because of the excellent technology behind it. But we cannot say that it won’t ever be attacked. If the hackers get through the loopholes, they can attack it anytime. But I see very little possibility of anything such happening.
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If no one has any information or access to your bitcoin, it will be lost forever. In such a case, you can let your loved ones know about it and share the key with them so that they can make use of it after you die. It’s completely your choice if you wish to donate it for the betterment of society.
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Start with asking them about the fiat currency of your country and online transactions they do while shopping, etc. You better get an idea of what they know about online money transactions and whether they are ready to understand the concept of bitcoin. You can start with the basic definition of bitcoin and then, give them an article to read. Don’t give them any deep information that won’t be of any use to them but a complete waste of time for you. If they feel more interested in it, they will come up with their own questions.
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