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We are too long in the market price situation as it is today, where the price of coins is at a low point. It is likely that investors have bought their coins at the time of the first price decline in the past, and now expect a positive change in market prices, so that they will immediately benefit from what was invested yesterday.
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No one can ascertain exactly what will happen in the crypto world in the future, but we feel confident and optimistic that in 2019 it will be better than in 2018, because the air bubble slowly starts to come out, but if to be a comparison in 2017, the feeling would be difficult, because in that year the crypto market price skyrocketed sharply.
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I am also a beginner in the crypto currency industry, so we should first learn all about investing in Bitcoin and investing in the ICO project, if we want to invest in ICO then choose a good project, but in my opinion these two platforms are good investment, investment in Bitcoin has a long enough time to be able to make a profit, while investment in the ICO project has a relatively short time.
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There are some coins that have good potential in the future, including Bitcoin, Etherium and Neo. But in my opinion personally prefer Etherium to be invested because it has a fairly stable price for now, and I believe if Etherium has a profitable future.
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Currently we live in a digital era where every day we are very close to the internet, crypto currencies are also very closely related to the internet, so while we surf the internet we can also benefit. Crypto currency is created to revolutionize the economy in all sectors that can facilitate all things related to finance such as easy money transfers from one country to another, the efficiency of online payments and so on. That's part of the thing that makes me like crypto currencies.
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I played about with Bitcoins and litecoins and Feathercoins back in 2013. These were the days when Bitcoin was pretty easy to obtain through online mining pools and faucets ect. As time went by, I lost interest in Crypto and kinda forgot about it until Bitcoin hit 19k in 2017 . By this time I had changed my computer and hard drives and along with it all my passwords and wallets and dat files, to cut a long story short I searched all over for my old hardrives, ran recovery on one of the drives I had kept and found nothing I gave up searching and just got used to the fact that I had lost a lot of money. Fast foward to 2019 we were cleaning out a cuboard and at the very back was a shoe box and in that shoebox were 3 hardrives one of which contained all my passwords, wallets and dat files for all my Bitcoins, Litecoin and Feathercoins. I may have lost out on when Bitcoin was at its best but I now have all the info I need. I have sold some of it and will hold the rest until Bitcoin goes up again and it will. The money I got from selling some of the bitcoin and litecoin even though not at its highest I basically got for doing nothing apart from online pool mining and playing with faucets back in 2013, so im happy with it. Never give up if you have lost money on Cryptos and if you did what I did keep, looking for that lost hardrive it will turn up eventully. In 2019 it is so easy to buy and sell Bitcoions too and it was instant money from selling to transfering the moeny into paypal then into my bank account. How things have changed for the better for cryotocoins  Don't give up, I like the sentence because it is a phrase that encourages us when facing difficulties or in a state of deterioration. The same is true of the situation of the crypto currency market which is experiencing a decline in prices. The story that you are telling is very inspiring to all of us that we cannot continue to dissolve in failure, because there is a further story that we must face. |
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I'm just looking for the opinions of others really, there's no right or wrong answer to this question.
What do you do when a coin you're holding suddenly jumps up by like 30% or whatever? do you try to sell at the peak of that spike and buy them back once it's gone back down again? or do you just keep on hodling?
All depends on the target and scheme of each individual coin holder, if the achievement of a price increase of 30% and that is a target of the coin holder, then most likely the coin holder will sell their coins. For me personally if there is an increase in price then I will sell approximately half of my coins and I will buy it again if the price drops again someday. |
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Will the current market situation turn better?
Now that I hold some digital tokens, can anyone tell me to continue holding them or sell them directly?
If you look at your ranking, in a situation like this where prices are falling, you should know what you should do, but I think that you should first examine the potential tokens that you hold in front of you, if you think the tokens that you hold today very potential to get profits in the future, then you should hold it back. |
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No one can predict it correctly. Yes, the current downtrend still continues, but we don't know whether such a situation will continue or whether it will probably decline even lower or even increase. But we will always be optimistic that in the near future Bitcoin prices will experience positive changes.
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This is an extraordinary thing when we receive news from various countries that have received Bitcoin to the full, we believe that in the future there will be more countries that follow similar things where Bitcoin can be accepted in almost every country. When using cinema ticket payments using Bitcoin then we hope that in other countries that follow in the footsteps of countries that have accepted Bitcoin more using Bitcoin is not just for paying for Cinema tickets.
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I think the best way to promote crypto currencies is the government, because they are trustworthy institutions that can reach all levels of society. While we who in fact are only small people in this industry can only promote it in small scale, for myself I do it by telling word of mouth through the people closest to me.
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Everyone of course has a different definition of crypto. If we want to be fast with crypto, we can trade, that is by buying at a cheap price and then selling it when the price rises and reaches the target we want. While if we use this technology as a means of our investment, we will hold it for a long time. The conclusion is that all depends on the Bitcoin user itself how he has enabled this technology.
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Fiat is a government-controlled currency that was born hundreds of years ago, while crypto currencies are decentralized currencies, and as we all know if the government always wants to control their currencies, it is not possible to control the currency crypto. therefore for now Fiat and Bitcoin will always be side by side because they still need each other.
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Market movements occur because there is a volume up or down from the coin inside, If the investor enters automatically it will affect the volume of the coin, and that will affect the price of the coin itself. But investors will come in when prices start to stabilize, and they will always wait, this is because they want to run profits when they come back again, therefore the current market situation will last a little while.
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Seeing the current market situation is normal if we are afraid, but rather than we dragging on in fear it would be better if we do something more profitable, we can look for opportunities to benefit even in situations like this. Do it according to our expertise, for example by trading.
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Therefore we are required to be more careful about the projects we will follow, because here we work there are no legal contracts, so when we do not receive anything from our work because we are not careful before. Therefore nothing can be wrong, and only our luck can answer the results of the work we have done.
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In today's modern life where our cost of living is getting higher, we need extra energy to survive, in my opinion if we only rely on wages we work to achieve wealth it feels very difficult, therefore investment becomes one the solution, and cryopto currency investment is one option.
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All depends on who uses it, Bitcoin can be very useful when used in accordance with its function. And because it is anonymous, Bitcoin can be misused by criminals to commit a crime, for example it is used as a means to fund their crime. In this case Bitcoin cannot be blamed.
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The recent downtrend in the past year has affected the lack of a campaign project involving Btc as a prize or Altcoin, but I am more optimistic if this situation will pass quickly, the market situation will recover, prices will increase again .
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Before, I was totally unaware of this digital currency technology, but when a friend introduced it to me, I finally began to get interested until finally being in this forum until now. I am very grateful because since joining here my knowledge of the economy has become widespread, besides that Bitcoin is also very beneficial for my daily life, in short, now I have a little bit of financial income from Bitcoin.
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