For long term storage it is better to use bitcoin. For a good income it is better to invest in young altcoins. Should check out UKG-definitely a long term hold as their already existing platform expands. Two to three years is a long time. I'm not sure enough to be able to hold altcoin for that long. No altcoin has better prospects than etherum. So I am quite worried if I look at other altcoin that exist today
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First of all you should read bitcointalk.org's rules and follow them. Then you have to be active. Find topics where newbies can ask questions. Go to myetherwallet.com site and create your first Ethereum wallet. All you have to do now is to read and learn about bitcoins and how it is used. Learn how to do it and how you can have a good life if you are studying bitcoins
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It is better than I get nothing.It is quite easy to deal with loss. We just have to set in our mind that every time we lose, it is not the end of everything and it is guaranteed that there will be another window of opportunity. To be able to make a profit then the main thing we must have is experience, because if we still have a pretty minimal experience it is definitely a game that will be done is less fun or it can be said that the loss assuredly we will get
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Bitcoin value wouldn't keep rising there's some moments like this where it should get dropped first before bounced back.Keep holding are part of the risk taking and also cut a loss to buy the dips. If this time trade you will probably lose a loss of money, and that is not wise at all. In my view, you should calm down, control your emotions and continue holding until the Bitcoin rate increases again before trading, thus avoiding losses
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Well not mentioning the price of the coin, I could say that you can tell their value by reading their product as well as the vision and mission of the developer. If you are new member then you have to follow some steps. You can not get profit if you don’t know about any coin and their way of dealing. You have look carefully about almost top 30 coins and their performance since last some steps to know which coins are giving more facilities to the people
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I think personally, In the current situation as long as the price goes down, alt the price of coins also drops so much that every alt many coin investors suffer losses. and if to stop and avoid losses. Continue to hold and do not sell. The market right now is not perfect for selling. A dumping market is a perfect market for buying and not the other way around if you want to make profit instead of a loss
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You should definitely stay in college right now man. The money your making right now might be nice but dont let the greed blind you. All this money your making is temporary and it could disappear in an instant because there is not certainty when it comes to investing. Bitcoin not the reason why you should leave your study. I think you can take both trading/playing bitcoin and studying. I am bitcoin user too, still studing and working too
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I will propose to you to expand your insight first and once you will have adequate information, at exactly that point you should hop into exchanging. Else, you will wind up losing cash. I think the first step before trading is to learn first. Learn first the basics, cryptocurrency. Learn about bitcoin and how it works. Search for the words blockchain, volatility, fluctuation, and then you may start in trading
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Best source to learn trading, I prefer usually in getting good ideas from youtube, There are so many references ones you click to that site, all you have to do is to get focused on how to run trading business, It will be more adventurous and fun whenever you catch significant strategies and tactics to do so. The best sources to learn in trading is accepting your faults in times of failure, because you cannot learn and achieve success if you cannot experience failure
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Well maybe you mean participating in the bounty campaigns; because ICOs mean buying the tokens usually, it is not free money surely. If you mean the bounty campaigns, it is also not really free. I may say that it not a free. I considered working in Bitcoin as my part time job and most of us are like that also. We invest our time in joining campaigns and learning new things such as investment and trading
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It’s normal to experience some price dips, don’t think that altcoins are already dying. Because of these hard forks, its hard to say what the price of bitcoin and the other coins may be because altcoins are also affected by the hard fork and price of bitcoin. I think it is not, most of the people are selling their coins because I think it is the peak price for coins. And by the principles of business, you sell when the market price is high to gain more profit
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Those coins you have chosen are not advisable for long time investment. If you will engage in a long time investment, you should analyze first the undertakings and history of crypto movement in the market. Holding your shitcoins for years are indeed bullshit,you dint learn from the years you are here because if you did learn something you will know that these coins arent for long term holds
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I agree with you in some extent. For me, it’s up to the market fluctuation. But as far as I know that bitcoin does not belong to short term investment, almost people who get big benefits all take investment for long-term. You probably need to keep an eye on its market regularly and remember to keep calm to make decision accurately
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There is no doubt in this fact that people usually experts are rushing towards buying more and more bitcoin because all know that bitcoins by the end of this year will touch a new target, leaving all again in surprise. As we know there is seen a decrease in the price of of bitcoin this week. The graph makes us a little disappointed. But bitcoin always recovers somehow and fixes that graph
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It would help to grow the economy but in the other hand for bounty hunters this not good. To maintain the high reward so we have no choice to up our ranks, increase our followers, improve our skills. In my opinion I think all ICO's should limit the number of bounty participants but on the other side in one particular ICO its good for them to have many bounty participants to advertise their project
Yes, company bounties are becoming more and more popular. But now it's not as easy as before to get a big profit, with each month I see a decrease in profits on the bounty. Therefore, if new people want to get a satisfactory profit, it will be necessary to work hard for this
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Well I think according to me day trading is not advisable because it takes time and patience to increase in bitcoin price, for me there is nothing better than bitcoin now if you are well patient guy, you are saying day trading is good. Every crypto coin has its own specialty and has certain characteristics because of which the investors invest their money into that coin
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Trading is one of the best way to earn Bitcoin but how can you do it? You can learn trading by reading on this forum.theres a lot of information that will help you to find some strategy when it comes to trading. I think this isn't be a good question but I think you can rely it to HitBTC because they are legit and best source of trading somebody realize that before they are not learning well
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I believe that you can understand things in a better way simply by reading different articles form authentic sources and watching YouTube videos. There are many traders who discuss basic trading tips in their videos. Most of the newbie's question is how to double their money and most of the suggestions of other are to deal with trading process
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Number one thing that you should learn is, you are risk taker, we all know that trading is very risky, complicated, and it is hard to do. Do not start trading without knowledge. Crypto is not so easy, you need to learn about crypto currency more and more. A beginner should start by choosing a company with a good reputation that offers an exchange and wallet. you can end up losing all your money in an instant if you aren’t carefull
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I can make sure that the future is secure. It is because like what you said that if bitcoin will crash atleast you have another source of income, and incase that crypto-currency price is low you have an alternative source of funds for unexpected matter. I have invested about 30 to 40% of my total savings in bitcoin and remaining in other business, it will be quite safe to diversify your investment. That's actually true, we just need to secure our account so our bitcoins will be safe in a long time
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