I just want to know how those people behind bitcoin secure the money they will invest because as far as I know there are lots of hackers all over the world.
do not expect any safe in cyberspace, there are some ICO projects that have been hit by hackers, some are returning their investors money, some have announced they will repeat their project, and some are running away...essentially choose projects that are handled by professional people to keep your funds safe and profitable. and to keep your Bitcoin invested safe, I recommend using hardware wallet like Trezor or save it on your trusty wallet exchange. |
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I believe that a huge portion of the the crypto community are still young college students that don't have any necessities that need another source of income aside from their scholarships / the money they are getting from their parents .
And apart from spending their cryptos on either betting or purchasing goods/video games from online markets , many of these students didn't make plans for what they'll do with their coins in the future.
I myself have had many thoughts about hodling and launching a business as soon as i graduate with the coins in my possession , yet i'm not exactly sure what i'll be doing ..
So i'm really curious about :
- On what do you spend your coins apart than partying/gambling/paying for tuition loans ?
- Do you have any future plans for your coins if you are hodling any ?
I have finished my college for 4 years and I became an employee for 2 years before I finally got to know Bitcoin, right now I've been focusing on Bitcoin and leaving my old job, I used the crypto coins I got to build my business. but it's true as long as a student I do not think too much about my future, I just play and just want to finish college just like that, I am grateful to know Bitcoin. |
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the most important rule does not make Bitcoin or cryptocurrency like gambling and betting,
do not make it like playing poker or something like that, and do not sell everything to buy Bitcoin,
if you break this rule you will only accept failure and lose.
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many still do not realize that patience is one of the keys to success in any case including business and social life everyday...all the efforts we are doing will definitely get a tough challenge, the same as the Bitcoin we get/buy than the price down, at that time our patients in the test.
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I found this expression on the news channel about the crypto currency: "Anyone who will try to buy coffee for cash in 2023, runs the risk of causing laughter from the seller, that he does not use crypto currency."
how do you think, is it realistic? Can a crypto currency replace national money?
I think that it's possible, but it will take more time.
until now I still can not predict whether the national currency we are using will be replaced by cryptocurrency...I'm sure sometime ahead when the cryptocurrency has made a world of excitement, the regulation on cryptocurrency will be given, and I'm sure that regulation is not about being allowed as a legitimate currency, but only as a form of investment... |
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many things are created by accident...it is true Bitcoin fails to be called as currency because its form does not exist and does not get permission from the world government as one type of currency,
but Bitcoin does not fail to help foster the economy and people's interest to invest, the more Bitcoin will be more successful in changing the way we transact...
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#Update My Signature Code...
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if you count everything with money then, of course, Bitcoin is more risky than profitable...
and as long as I focus on Bitcoin I feel more of the benefits than the risks...my knowledge grows, as I know little about Blockchain technology, the kind of cryptocurrency and the right way to invest...
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I've been here for about a year and if I notice Bounty is more effective than Airdrop, Airdrop does not reach a wide range...because airdrop is usually only a short time, how people can be interested if the notification about the coin is only briefly,
if not believe please see, which airdrop coin reaches the top 100 in coinmarketcap.com...
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as time goes by, I don't feel that HOLD is an effective way, my life needs keep expanding and whether I will continue to hold my coins!
I'm trying to find an effective way by trying other things like trading, investing in ICO and even learning to mine, and slowly I have started to gain experience and profit from the new things that I try it...
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it's actually not too difficult to manage the risk or reduce losses in investing cryptocurrency , you just don't buy at the time the price is rising,
why not buy when the price is rising...because when the price is up the possibility of going down will be very big, better to buy coins at the time the price is down or just calm.
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investing in Bitcoin is very profitable, and even if you late buy Bitcoin, you will not be punished like in school...your delays only make you get a little profit, because you've bought Bitcoin at a high price compared to 4 years ago, so you'll still feel a little profit...
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Bitcoin has so far been a hope a way to be rich in short time bitcoin has given us the opportunity to archive your dream people who started investing in bitcoin in the start of bitcoin now could be seen on the sky enjoying their victory and appreciating themselves for the right desicion they took on the right time.
i was too young when bitcoin started if i could go in past i will be buying millions of bitcoins what do you think
lol, everyone wants this to happen that is the time in the playback in order to buy a lot of coins in the past...but it is a livelihood maybe our livelihood just this time alone, to be honest, the first time my friend introduced me to Bitcoin, I was mocking him, and now he has become very successful from me  |
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mental readiness is the most needed in starting investments especially investing in Bitcoin...don't be disappointed when your money disappears in a few hours, and do not be too happy when your money increases in a few hours, you should be able to control your emotions if you want to succeed in cryptocurrency.
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Can I make passive daily income with trading?
I have little money of about 100$, Is it a good idea to start jump on Bittrex or Poloniex and
start buying alt coins for profit.
become a daily trading very profitable, you just need a capital that is not too big...it seems easy to become a trader but in fact very difficult to be a trader because the analysis, money management, patience, and timeliness must be owned by a trader. |
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I'm also the type of person who does not hold the coin too long, I most often sell my coins when its valuation has gone up to 50%...but actually, hold the coins in the long time including the best way too, it could be that coins will be worth a few years ahead.
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of course, the riskiest is Bitcoin that cannot be lied to, but for now, the risk in Bitcoin can be minimized if you buy it at the right time.
I'm not too interested in investing in Banks because the money we have in their use for running their business, but for those who like to be safe, better invest in the Bank than Bitcoin.
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