the price of crypto is now down, what should we do to keep it profitable? give your feedback
Well, the best thing to do is to hold your coins and just wait for the price to go up. On how to make profit even if the price is low, you buy cheap coins now and sell them afterwards in higher value based on the current value of the coins. |
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So simple the topic is, write here a list of your holding coins and maybe how long you hold each coin until yet!
I am holding ethereum, bitcoin and bancor coins. I just keep on holding this coins until they reach a very high amount. If that happens, then its time to release them as well. These coins also are worth the hold and the wait. |
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If I could pick one crypto that suits for holding, that would be ethereum. Do you agree that this one is good for a holder ?
It's more established than other alts in the market and companies are adopting it.
Ethereum has many uses in the market. Almost all coins ca be traded in ethereum. Likewise, etheruem has functional coins to purchase tokens, as a payment and as a main coin t invest in many ICOs or projects. |
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Hello bounty hunters, can you share how many bounty campaign you can handle in a Month ? And in what ways you can do it to manage all of those campaign you joined. ?
Have a list or spreadsheet of all you campaigns. Then try to filter them according to their date of checking. Try to have a key word of the rules so that you always follow the rules and have stakes. Likewise, do not miss one week without finishing the tasks. Always find time to do your bounties. |
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Garbage is everywhere. Garbage can help the economic growth through recycling the garbages that can be recycled.
What if there is one place for all garbages in the whole earth to promote the one place of garbage for one big economic factor.?
Population growth is equal to garbage growth. Garbage is the main problem of every country. But if you implement proper disposal and segregation, you can eliminate the effect of garbage. If there is one place to put all the garbage of all countries, then it would be disaster. Transportation is much more expensive. Its all about discipline of people to eliminate garbage. |
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I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund.
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?
The wisest thing to do with your savings is to put up a business that interest you and where you are good at. There is no better thing to have your own business that you run. Aside from being a boss, you also have unlimited income. Try also to invest in cryptocurrency. |
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I do not understand what happened to some altcoins, I know that when correction, red altcoin dominates the crypto market.
but when the bitcoin correction, there is still altcoin that has increased and rises significantly.
what factors make altcoin rise when bitcoin falls?
share your knowledge with me!
The price determines the demand and transaction of one coin. If the transaction and high and the demand is also high, then the value will increase. There are more trading transactions in altcoins right now than Bitcoin. People are avoiding to dump their bitcoin that's why there is very low transaction in Bitcoin. |
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Imagine that some respectable country would go far beyond legalizing cryptocurrency and start one of its own. It would surely be no scam and it would probably have a strong support, but would there be any drawbacks to the currency and the state itself? Would it get more attention than some of the biggest coins now?
It depends if the coin developed by the government has value. If there is no value, I would not go for it because I do not want to waste my money. But if that coin is very potential and has ability to grow, then why not. However, this would be complicated case because the government may put tax in that coin. |
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Obviously, there are several ways with which bitcoin can be earned and payment of goods or services can be a way in which one can earn bitcoin. The magnitude of acceptance of bitcoin seems to be very low on the part of some individuals since these individuals do not know about bitcoin. Guys, I want to know how best you can convince such individuals into accepting bitcoin after they have rendered some services to you.
Bitcoin has a very wide scope f idea in which you have to understand fully. In order for the people to convince to use Bitcoin, you have explain it in very simple and clear manner in which they can understand. Cite some benefits and usage of Bitcoin and how it can help their lives. |
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There is a Bitcoin vending machine installed in Johannesburg at Mertroman. You can exchange your Bitcoin for ZAR at this machine.The use of Bitcoin by South African vendors is still very limited, and the idea for now is to educate merchants about Bitcoin. Is there in your country one ?
This is another innovation that adopting the idea of bitcoin. I admire South Africa fro fully embracing Bitcoin. If this will really spread out around the country, It would be a good start because people will be aware that there is other currency in which they can use to buy products and exchange them into bitcoin and vice versa., |
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why the state does not print a lot of money? than debt to other countries. is not it easier to make money than debt and ultimately burdens the state?
whether if printing money will have an impact on the money itself? or will it impact the value of the money in the eyes of the world?
In economics, government should not print too much money because it will lose the value of their money especially if their money is not in demand around the world. If one state will keep on printing money, the cost of products will also increase in order to keep the balance of the number of money printed. |
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Why invest in altcoin when you can invest in real estate, stock market?
Because altcoin has bigger returns. If you will pick the right altcoin by going through their project, you will definitely gain more profit than in real state or stock market. You can also directly control you investments and the best thing there is the decentralization scheme. |
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Hi guys! So, yeah, as you must know already, all crypto has a finite supply meaning its not going to be mineable forever I guess, but what actually happens when bitcoin hits 21 million max besides it not being mineable anymore? Does this increase the value quicker? Let me know if you know, i dont know the answer and would love to hear what you have to say
Miners will just be paid in transaction fees and not by additional bitcoin anymore. The price will be really definitely go high because only few will be circulating online. But I believe that 21 million supply has not yet mined and not yet owned by everyone. |
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A news from ABS-CBN, a Filipino Media and Entertainment Group.
MANILA - An investor who saw a 39,000-percent increase in his bitcoin investment warned on Monday that many cryptocurrency investment schemes right now are scams.
Emerson Fonseca, Philippine head of NEM Foundation, told ANC's Market Edge that since he started trading bitcoin 2 years ago, a lot of scams have cropped up because people don't understand cryptocurrencies.
What are your opinions?
That is true. If you do not know what you are investing, you will probably end up losing. Every investment has risks. Especially in cryptocurrency which is very volatile, if you do not choose the right crypto to invest in, you will lose your money. So before you invest have some background check on that crypto. |
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Hello community!
What do you think about popularity of the bounty campaigns? I see many new participants joining bounty campaigns, especially Twitter and Facebook. With more and more new participants, we will earn less and less rewards, also many of potential buyers would rather join bounty campaign than invest to ICO - again less rewards for bounty participants.
I hope that we will see some regulations here and bounty campaigns be more strict in rules and they will choose only the best participants.
So, what is your opinion, guys?
Everyday there are new bounties coming out. I think this is a good thing because new bounties mean new project to participate in. If you are concern with the number of participants, I suggest ICO must limit their number of participants. However, this will be diffiuclt because ICOs need promotions, so they need a lot of participants as well. |
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For exchanges, ICOs that collect KYC information, when are they required to send information to the government.
If I remember correctly, in the US if you make a money transaction, such as through Western Union, or bank, $3,000+, within the same day, or smaller amounts during consecutive days, the institution must collect your ID information and Social Security and report it to the government. I forget which entity of the government.
Does that mean that if one participates in an ICO and puts in over $3,000, that gets reported to the government? Or if you move $3,000 out of an exchange, that gets reported?
KYC is good if the project or ICO is a legit one. This will eliminate those cheaters and those who are governed by the banned of the governments from cryptocurrencies. If private data or info of a person will be kept secured, KYC is a good thing. |
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This is a common thing happens in different countries where the government mandatory give assistance to there citizens with disability, and the sad truth is that the assistance from government is not enough.
This is the perfect time to introduce bitcoin to persons with disability by doing this they don't need to rely only on government assistance, because they are now started to earn there own money to support their needs.
I think this depends on the disability of the person. If the person has physical disability, then he can still do bitcoin. But if he or she has intellectual disability, he may find it difficult to follow the steps. Having a disability is not a burden to the government, they only need assistance as you said. |
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Why Media is negative about Bitcoin?
Whenever a government announces to regulate bitcoin or cryptocurrency or whenever BTC price is in downfall, most of the media start to warn everyone not purchase or invest in Bitcoins.
Do you see that, dont you?
Because media are controlled by governments. If we try to look at it, some governments are abainst bitcoin that's why whenever there are illegal activities that involved bitcoin, media has already release negative news and sometimes, twisted news. |
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what do you guys do if you have a lot of coin but the price is very cheap? will you buy that coin again after it hold it until the price goes up? how best do you think?
Thanks.....
If your coin has a very cheap price, just hold it for a couple of months. If the price will not recover during those months, better give it up or sell it. Once a coins price is jsut keep on decreasing and no recovery is happening means the coin has no potential to grow so you better sell them off. |
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I think 10 years from now I'll be retired from working. Living off crypto income. That's just my idea. 10 years is enough for exponential growth. Took 10 years to become a millionaire maybe less with 333 bitcoins. That's only a 1000$ invested. I got like 6 coins with 1000 each invested. I think my chances is very high. While I'm adding more coins like dent, Electra, universal, nuls . its do or die time.
That's a positive thinking and expectations. Ten years from now, those 1,500 kinds of coins or crypto available in the market will just keep on increasing. However, the survival of the coins will be based on the demand and transaction. Those with none transactiosn wil, eventually die and those with high will survive and keep on price increasing. |
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