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There are many examples of people who invest everything they have in crypto, even sell houses or cars to put even more money, literally, all they have. Several of them succeed and read the stories about a teenage boy who bought his bitcoin and became a millionaire in 18 years. But these are all destructive actions, for smart investments you need to conduct your own research and understand the asset in which you invest money
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Crypto is a great way to earn money. Unfortunately at this very moment it's not so profitable, but still it's a nice opportunity. At first, I thought of it as a replacement of my job, but from now on, it's my extra job)) Hopefully the market will go back to normal and we'll get what we earn.
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now there is a lot of fraud with cryptocurrencies, it's a shame that such great technology will be discredited by small rogues, but this is reality. I can advise always to check the address line on which you conduct any transactions with your coins there should be https and not http, and it is better to bookmark your resources so that the fishing links can not confuse you.
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this is frustrating, for sure. But maybe the problem is in your ability to choose a project for participation. I have been participating in bounty campaigns and investing for a year and a half, and I had my ups and downs, some projects paid me, some got scammed. But the more you are involved in crypto the better you are choosing the next project to participate. I prefer participating in Krypital team projects. I know I will get by reward, although it is usually not much, because the number of participants is big...
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The fact is that the predictions on the charts and the price of any asset are just three simple ways 1. upward 2.down 3.flate)) sometimes they guess sometimes no)) the more hits the better the eccent) I read them only for understanding the general mood of the crowd not more. and I advise you the same
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I am not sure this will happen any time soon, it's too complicated. But on the other side, we are aware of the fact that some huge companies are willing to accept payments in crypto. So it's just a matter of time. And, of course, we need to improve technologies in order to be able to process transactions.
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After the gloomy days of the BTC in 2018. Some of my friends have left the market because of losses. When entering the market, people need to take risks. From my friends, I think some of the following will benefit you living in this market:
Psychological control
Questions you should ask
You buy hold coin or you transaction?
These are the two most commonly used methods. However, buying and keeping a coin is the method that suits most people. This is a very simple, fast way of making good money in the top 20, like litecoin, bitcoin, ethereum. Ripple, store somewhere, do not read the news, do not worry about the transaction or the predictions the coin will die of the media. After a few years, they pulled out and sold.
In case you want to trade, the story is quite different, you need to buy on sale. And very simple rules, buy low sell high. As you know it is easier said than done.
Do you have money to invest?
If you do not have a lot of money, start with a small amount of money. Do not use debit card, plug the house. Plug the money into the market. The more likely you will be burnt bags. Only invest the money you have lost.
correct advice, I can add that the hold is possible with the mind, sell it at high values and buy it out on low, but not all, deposit, but only a part of it. |
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All Altcoins are in red. What causes this dump and does this mean that it's over for certain amount of Altcoins? We are talking about more then -10% for a lot of coins: ChartsI think the end will come when (if) we all stop here and talk about it, when (if) the interest of people will disappear to the crypto world, when all buyers on these cranes will end. In the meantime, this is just a cycle of the market. |
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I thought about the unpredictability of bitcoin and its current status and it made me realized that this might drive people away from getting into cryptocurrency. What do you think are the other reasons that will keep people from using bitcoin?
the most important goal of us all here is to catch a train to the moon)) of course for the sake of easy money and the belief that bitcoin will cost thousands of dollars. |
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I think that 95% of crypto coins and tokens won't survive and the reason is that a crypto coin in order to survive and get value it has to be accepted as a way of payment for purchase goods or services.
Very few coins will manage to do it at the end of the day and of course these coins will get enormous value.
The only thing you have to do is to find out which coins will enter the market of real currencies.
agree with the author, most coins do not carry any innovation, and are simply useless. I think this reduction of low-tech crypto currency will only benefit the market and the future. |
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"Buy when there is blood in the streets" "Be greedy when others are fearful"
This is the time to buy if you want to become rich, The top coins are at bargain prices, 200 dollars for an eth, (that is an easy 5x if you hold).
I believe the whales and wall street manipulators have been keeping prices down and shaking out the noobs so they can accumulate for very cheap prices.
I agree completely, we are in a similar situation as last year, but there will not be such a simple repetition, we need to be ready for all the scenarios, I think there will be some slides for a while. Will wait. |
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Its very normal and completely right to feel sorry for panic sellers. Majority does not know what they are into and they just sell off bitcoin forgetting that they are holding a potential digital gold. Panic selling is not the way forward in this industry
at the moment I think all the alarmists have already sold everything, only true believers in crypto future and long holders have remained. The entire volume on the market is bots and manipulators. So guys are strapped on or off the game. |
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Few days ago i added by someone into crypto pump channel on telegram. They claimed that recently they have done many pumps and all pumps were successful done and on 29th August they were about to create huge Pump on binance. But nothing was actually happened on 29th. I lost around 0.04 BTC in 5mins.
So guyz be aware of these kinds of channels.
In fact, from such channels you need to stay away, because behind them is a group of people who have already bought positions and will sell you on a soaring course. Such groups will very quickly help to merge your deposit. |
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Hey guys, I just wanted to share. I've observed and read many articles too regarding this topic and I would like to hear your opinion regarding this. Do you think that the cryptocurrency market is on a downward trend? Would altcoins be following this trend as well? Since Jan 2018, the market of crypto had been moving up and down way too much in a very short period of time. Do you think it is possible for an entity to manipulate the market so big?
the market is always in good condition while it is being traded, sometimes this sale is sometimes a purchase, but the fact of the presence of people on it speaks about its normal working composition. In occasion of matipulator - I will say so, it is more than one enterprise and a dozen and independent from each other. |
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I have seen many threads talking about should I sell now or wait till BTC moons. When I see these threads I marvel and move on to check on different topics or threads because I know the person doesn't know what he is talking about. Diving more into cryptocurrencies, when you sell now it means you are a coward and don't even know the kind of cryptocurrency you are dealing with. One thing is that, its really kinda pity to see those topics raised. I have set a goal and until that goal is not, I will never sell BTC and that's me.I want ask that is it because those selling the coin are newbies and are afraid of loosing some small $s or they haven't read much about bitcoin or the cryptocurrencies or they have low knowledge about the blockchain technology?
It's a little bit different, the more bitcoins are not in your hands like yours, who believe in technology and will keep it for a long time, they are in the hands of traders-manipulators who are building up position on newbies, swinging the rate up and down. And the percentage of these holders is small and able to keep the course. |
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Now a days we sometimes seeing the price of Bitcoin falling along with others also falling.
At that time if I have Bitcoin then what should I do ?
Should I sell or hold?
it all depends on your actions in the market, if you are a trader then you need to put a stop loss in order not to lose money, if you are a holder then just move away from the charts and try to relax. |
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the whole issue in your faith in eth, it's not shchitkoin and the growth prospects for him are great. You say that the market iso is dead, in fact it is not quite so, strong projects still collect funds. Yes, now the activity has fallen everywhere in the crypt, but the webs are developing, new ones appear. Do not rush into selling.
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I believe in the cryptocurrency market and believe in its huge potential. Though now and not the best times in the market. But experienced investors understand that this is only a correction of the market, which is a consequence of the significant growth of the market before! But I think that many newcomers now need support. I wish us all patience! Soon we will see a new wave of growth, there is very little!!! For those who are quite sad reminded that " those who in 2013 and 2014 believed in the basic cryptocurrency ideas and invested very little in crypto-coins, then, a few years later, became super-rich»
I agree with you, all the markets are cyclical, now the decline after a while growth and again and again, so arranged by the traiding. I think now there is a little distraction from the charts and spend time away from computers and just relax, and when you come back then you already show it is not a fall and a flat) |
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I think this article should boost the morale of bitcoin users. According to this CNBC article, despite bitcoin having a rough year, bitcoin supporters including financial experts, tech investors and CEOs remain excited and still see the digital currency breaking its record highs from last year. One CEO even referred to Bitcoin as digital gold. Despite what the general media says, it’s definitely good that these respected experts in the finance world are expressing their support for the digital currency. This is good news and a big step forward, right? This could help influence others into accepting crypto as well. What do you think? Source: https://www.cnbc.com/2018/07/12/bitcoin-crypto-cryptocurrency-ether-etheruem-digital-currency.htmlI think they just need to say something))) there are two options, either they bought it and promote it, or they just say to get a bigger HYIP |
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IS this possible to make bitcoin mastercard.
Mastercard is very helpfull for giving payment.
We can carry it in anywhere.
Is this possible world wide it will show his power.
ITS JUST MY OPINION.
well, in the direct sense of the master card is impossible, but there are alternative means of paying a card and replenish it with your coins, the payment system is very convenient and suitable for describing your goals |
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