I have used Idex and Crypto-Bridge, both are fantastic but I think this technology is still in its infancy due to human intervention which might be necessary atm. thus that does not make that particular exchange completely decentralized. I think to achieve that stage we need an idea to implement rather than technical skills.
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Almost everyone fails when they start trading, it is no big deal just be careful not to risk your lunch money. I think the most important aspect of trading is psychological rather than technical. Research the psychology of trading and how to leave your emotions out of your trades. second comes all the other theories and techniques in analyzing the market trend such as Technical analysis, Fundamental analysis, and Cyclical analysis. I am sure you will find a ton of material on those topics on the Internet.
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Can someone clarify how the government could launch their currency on the blockchain in the future? will it be decentralized, considering the centralized blockchains are more vulnerable to attacks?
Or they will simply launch tokens on established blockchains like Ethereum, NEM, etc... example: Petro from Venezuela which is a token on NEM blockchain.
Or it could simply be a sidechain to most secure network "Bitcoin"?
Tokens and side chains are not necessarily un-confiscatable. Would like to hear your thoughts on that matter.
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A simple strategy to follow in this case is using stop losses. Put your stop loss just under the price and raise it as it moves up. When the price retraces you would have earned much more profit.
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It depends on your risk tolerance 'Invest only what you can afford to lose'.
Try studying price action and candlestick patterns. Then pick a strategy you like and master it.
In my opinion, starting with even 1$ is a waste if you buy and sell blindly.
Happy Trading!
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I believe everyone loses money when they start trading especially crypto due to its mad volatility. I think it is just a price to pay for the experience you have acquired. The key is not to get discouraged by your loses as you understand the market more your win-loss ratio will definitely change.
You also have to understand that you invested in bitcoin at almost ATH and the market retracement is normal. You have already got a taste on trading switching to another model is not wise if you ask me. If you continue sharpening your trading skills you might just make it.
Good Luck either way!
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Both have different risks, But your choice should be based on your preference. Some people don't have the motive or space to set up a mining rig or maintain it others don't have the patience to trade.
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I think Bitcoin's price drop is nothing but normal, we had a huge run-up last year. Logically thinking Bitcoin will rise again but it needs time.
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True, even people who are motivated by money will stop once they have enough or lose the desire to make more. Certainly, people have to make money in order to live but making money should never be the main pursuit. This is a real problem in the crypto world people are blinded by the wealth of one of his buddies who invested in Bitcoins when it was cheap, He might just want to replicate that. But was this the main cause that made his friend invest in Bitcoin in the first place?.
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These are all good points but I think this will not necessarily work in the future. The community has matured much more and given the fact that almost 99% of ICOs are just vapourware, people are just speculating in ICOs. I don't say that ICO market is dead but it will simply transition into the next phase, which are use cases, products and solving an existing problem.
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I think Bitcoin will see much more adoption, as a result it will be worth much more. hopefully bitcoin will be used as an independent currency and not pegged with USD to determine the price of goods.
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There are a lot of people who bought Bitcoin at ATH. Bitcoin ideally is not an inflation killer but the idea of immutable un-confiscatable trustless and borderless etc... is much more prominent than the idea of beating the inflation. That could also work if it is timed correctly.
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Hi
In which stock exchanges can I immediately buy bitcoins BTC?
Thank you.
looks like it is your first time buying Bitcoin. for a start I suggest you to use Coinbase website it is very intuitive for new users of cryptocurrency.
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"We go to school to learn" is the biggest misconception in humankind. says the one completed his education and got a degree in engineering. School just suppresses a certain mindset on you so that you will obey the authority when you grow up. hopefully people in the future leverage the internet to get themselves educated.
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I think religions in general were created to suppress the minds of simple people so that they stop coming up with stupid ideas that disgrace humanity. But religion will definitely deem smart people inefficient to develop humanity.
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Would like to throw in a quote from Warren Buffet in which he was talking about the Stock market but it does apply to crypto as well
"The stock market is a device for transferring money from the impatient to the patient."
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Simply because governments like to have complete control over everything in our daily lives.
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This is one of the most honest projects I have seen so far in crypto. As I can see you guys held no ICO did ZERO premine and still delivered a product. It is a shame that raising 30 mil $ is a standard for Crapy ICOs these days and they freaking deliver no product.
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Bitcoin in going down
To rephrase your title Bitcoin is still up it is not going down. The price is. The market is surely volatile like non-other, saying Bitcoin is not going back up again is based on your speculation only and the market doesn't really care about anyone's speculation. Unless you have enough Bitcoins to fill all the ask orders all the way down whenever it moves a leg up.
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