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I do not know why there are traders that keep panicking even they are aware to the consequences that they can get through panicking. We should always have patience to control our emotions and feelings.
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It depends on the situation, if you feel that the market is going down again then it is good if you will sell your coins for you to buy in the next dip. Always think effectibe strategy before you make a decision.
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If we want to trade cryptocurrencies, the first thing that should do is to find a reliable exchange wherein it has a high security that can protect our money. We will lose our money if we find a fake exchange or a exchange that have low security.
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There are only some people who are using bitcoin as payment because there are still few retailers and stores that accepting bitcoin. The people who are using the bitcoin are the people who see the bitcoin as a utility token.
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How do you promote Bitcoin or crypto currencies?
Do you even promote it ?
I am promoting it to my friends back when I was just new in crypto ,
But most of them doesn't care about it back then.
I only promoting blockchain technology and especially bitcoin if the audience are forcing me to teach them. So the way that I am using is through public speaking, I saying all the information that I know and it seems that they are all interested to bitcoin and blockchain technology. |
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I still don't understand why people are so worried about bitcoin present condition, new cryptocurrency investors are the ones getting everything wrongly. After months of living in worries i desperately want to understand how crypto works ,while using coinmarket cap I came to understand that Bullrun and bear run will always come around ,from 2009 to 2017 graph clears all my doubts as many bullrun has been in existence since day 1, 2017 was the highest ,what will be next ? 20k ? 30k or double of that ? We all need to chill and relax ,this days will always find their way back in time .Do your research ,past histories have all your answers
The cryptocurrency market proved that it can surpass different challenges. As time passing by, it became more strong and more popular. You can see its growth in its graph. People are worrying to the market because they do not have enough information about what happening in the market. It is just a cycle and I am sure that the market will become bull again. |
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The people who make investment with bitcoins are the people who are really hopeful about the future of bitcoin. They are worrying because they invested their money, the image of the bitcoin in public is wrong because they always thinking that bitcoin is only a investment.
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Always remember that the future of crypto is depends on us! The cryptocurrency market is continuing to go down, the cryptocurrency community is continuing to panic because of the abnormal price. There are also false information/fake news that are spreading in the community; If it will continue in a long time, there is a possibility that the market will go down more.
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It is normal for us to see that there are dumps that are happening. Bitcoin doesn't need miracle because there is still high possibility that the value of the bitcoin will come back to normal.
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'The new Marulas Public Market in Valenzuela City is the first-of-its-kind ‘DigiPalengke’ initiative in Northern Metro Manila where an entire marketplace is equipped to accept mobile cashless payments.' https://pia.gov.ph/news/articles/1015376-- This is quite interesting since even a public market where most of the time common folk buy their everyday needs is accepting digital payments. While this is not entirely related to cryptocurrency, it's as if the people are slowly seeing the convenience and security cashless payments offer to their everyday lives. For years, scan-to-pay stores are just confined within the walls of malls and luxurious places but it seems that we're slowly bringing it to the masses and eventually, it will be the norm to pay only with our smartphones and pre-loaded accounts--and in the future, possibly even cryptocurrencies. It is the best way for us to have cashless society, the businesses should first accept digital currency for the customers to have a reason to patronize it. I am sure that they are now experiencing better transaction than before through the use of digital currency. |
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My advice for you is you should only invest your money that you afford to lose, trading is so risky that you can't ensure that you can earn profit. Maybe you should only invest 10%-20% of your savings.
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Most of us that come into cryptocurrencies trading have this in mind that when bitcoin is in bearish trend we are loosing money and that is why we are seeing thread of loses in this bearish market. Few know that you can trade usd/bitcoin and make money in this bearish trend all you just need to do is change your analysis from what you are used to to what is happening now and you will make money.
I am a day trader and I can say that it is really hard to earn profit in this bear market. The abnormal movement is the reason why the price is unpredictable. Even I uses different tools, I can't predict the price of the cryptocurrencies. |
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In the current digital era, many people are starting to trading Bitcoin and Cryptocurrency because they think Bitcoin trading is profitable from other businesses. Some people again say that business is more profitable than Bitcoin trading.
If I have a lot of capital, I will invest the 75% of it to build a business and the other 25% is for cryptocurrency investment. I will allocate most of my money to build a business because I think I will earn more opportunities. |
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I am sure that I am not the only trader who keep struggling because of the unpredictable movements of most of the coins. The holders are not the only who experiencing losses, even daily traders are keep losing because of the abnormal movement in the market. |
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This is very possible. The Blockchain technology is a revolutionary one with a lot of significance. As the people become more familiar with it, the adoption and utilization of the Blockchain and cryptocurrency will increase which will gradually lead the world to cashless.
The blockchain technology is becoming more popular in all over the world. Many people are aware of it because of different promotion. Blockchain technology can be a solution in different problem in our economy. |
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There are many misconceptions about cryptocurrencies around the globe. There are many people thinks that cryptocurrencies are only investments, they are wrong because cryptocurrencies can solve specific problems existing inour economy and society.
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There are many promotions about bitcoin in the platform of facebook. There are now many users of facebook who become aware to bitcoins. It is also the way to increase the awareness of people to blockchain technology.
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Blockchain was imagined as an approach to guarantee the dependability of the digital currency Bitcoin. It is a genuinely basic idea, an advanced record that record all exchanges that happen inside its framework, much like any firm or individual monitors their funds. The distinction is that the record is freely accessible to all individuals in the framework, making it difficult to adjust records without being recognized. This implies individuals can assume that money related records are totally exact without relying on a reliable outsider like a bank, a legislature or an application to affirm it.
This has expansive ramifications crosswise over numerous businesses. Not exclusively will it cut expenses and enhance proficiency by evacuating outsiders, it additionally considers far more noteworthy adaptability by giving exchanges which are an unchangeable reality, which can encourage the sharing of accounts. For instance, blockchain can enable companions to share protection, or neighbors to have a similar vitality contract and guarantee that everybody pays for precisely what they utilize.
Our economy can become more better through the use of blockchain technology. There are now many countries that fully legalize bitcoin. Like in Japan, there are now more than 100,000 stores that accepting bitcoin as their payment. Their economy is becoming more better through the use of blockchain technology. |
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It is one of the risks that the investors will face if they will make investment with cryptocurrencies. The reason why cryptocurrencies are have now bad image is because of the scammers who are very greedy to earn money.
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Cryptocurrencies have been all the rage for the past year or so, creating substantial wealth for investors who bought these virtual coins anytime before the beginning of 2017. Some of the most popular, like Litecoin, Bitcoin, Ethereum, Stellar, Unity and Ripple, have generated enormous returns for anyone who bought, mined, or otherwise acquired these digital currencies soon after they came into existence. We are talking about gains of between 4,000% and 17,000,000% -- potentially life-changing wealth.
I am buying cryptocurrencies for utilitiy and for speculation. I am using cryptocurrencies like bitcoin and ethereum for me to pay my bills and pay some goods and services. |
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