I've been in trouble and now I have a lot of debt Can I double my capital in two months because if I do not pay I will die or be imprisoned
Trading is not a get rich quick venture, and with a mindset like this, you are likely to go deeper in debt if you dabble into trading. As to the question, yes, it is possible to double your capital in the space if two months or shorter. The reverse is also very probable.
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Majority of small exchanges with little or no listing fee, usually does not provide enough publicity, and would not be an ideal target of small projects. Some run voting contests, which are ways of improving their own publicity. A top exchange is always the best destination.
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Out of curiosity, so you're looking for 0.15% profit from your initial buy? Isn't that too small? Just curious whether you really want that small profits or did you just give it as arbitrary example.
The profit percentage is small, but it is dependent on the total amount staked, which if large would lead to a sufficient return on investment. Large investors can take profit within that range and realize profit larger than 100% of regular trades.
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Cheap coins or low capped coins have the potential to result in quick profits, but also the risk of quick losses. You be threading a fine line trading them. Higher market coins would need higher investments to realize higher profits. The principle of high risk, high (potential) reward holds.
Grow gradually. Do not just pump investments in, trying to double on it as you could easily fall back to where you started or incur losses
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I have come across this post sometime in the past, and I believe it's a thread that deserves to be a sticky, as this your reminder would very soon be lost in the mass of new threads. Although I know using full quote isn't a good practice but for better understanding I am going to use this here:
If it is necessary as it is here, there is nothing wrong with quoting full posts. It all depends on it's relevance.
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...yet for every one of those, there are plenty of others trying to scam the public, launder money or evade taxes.”
It is not surprising that this above is one major reason that icos won't get financial support from banks. Banks are very shrewd business institutions, they wouldn't dive into a business venture they are not sure of recouping their investment. Icos have been bastardized and banks don't see them as a safe place to put money on. ICOs are just one aspect of cryptocurrency. And I doubt ICO organizers approach banks or any traditional institution for loans to run their project, as it is too big a risk with hardly any collateral options. Companies and industries associated with cryptocurrency should not be segregated as far as they are in compliance with all laws.
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Warren Buffet always praised blockchain technology, but he never praised BTC. I think he is not objective.
This similar idea is propagated by bitcoin enthusiasts. Yes the blockchain can survive without bitcoin, that does not mean Bitcoin itself is transitory. Bitcoin has been around for over ten years and has shown no signs of fading. I don't like this person, he always has a bad statement to make the crypto market fall.
No one really has that much influence to make the market fall, investors abd traders have gotten past the period of intense FUD against cryptocurrencies. And the market has also grown very large.
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As has been said above, you need a trusted service and all trusted services follow the same procedures. A KYC process is not something that would put off a newbie, it is required in almost all financial registrations, so encountering it in cryptocurrency exchanges should not be a problem. You can all try LUNO, it allows you transfer little amounts without completing KYC.
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A lot of early adopters became rich through bitcoin; purchasing and mining at little or no cost and selling as the price rose. 'Bitcoin wealth: as a reference does not seem in line with the vision of Satoshi. Like many other new technologies those who see the potential early could capitalize on it and get rewards. In the long run, bitcoin would not be to enrich people, but to facilitate transactions.
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*...*
I do agree with the point of a healthy market, being what we need right now. The market has been on a downward spiral since the peak of Q4 2017. I am also considering if this might be a pattern; price spikes over a short period of time shortly followed by gardual drops.
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ICOs should determine their token sale price based on the utility of the token or the type of equity of offers, if it's a security token. As a prospective investor, you should analyse the token economics and product to determine if the token sale price is worth the actual utility of the tokens.
Most projects are not subject to any regulatory laws, it's up to you to protect your own investments
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just hope that you could be able to contact the receiver and also hope that he is kind enough to give your money back.
There is very little chance of being able to contact the receiver. Cryptocurrency wallets are designed for user privacy and anonymity. And there is no Central authority to contact as would have been the case should this have been a fiat transaction. Learning from the mistake moving forward and finding out the root cause, if it was a bug or malware to ensure it doesn't happen again.
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I think that indeed the market is not fully recovered.
What price is considered to be a recovery range? And more importantly, what is Bitcoin recovering from? I have read numerous posts of how the last price spike was an anomaly and could not have been sustained by the current dynamics. Going by this, was the drop back not a recovery or correction of the value?
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Politics is a very polarizing topic so also is society related discussions. And everyone like to have an opinion and put in their own quota. We are bound to have meaningless discussions and rhetorics going back and forth. There is a bit of spam in every board. I don't think the politics and society board is in a bad shape right now.
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If the price is as volatile as it is now. Investors can not help but be bothered about it especially as they put in hard earned money. And the volatily would of course attract investors looking to take advantage and make profits. That is the stage the network is at right now. In a couple of years, all this could change.
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Wow so 34 % of the Chinese people find a need for Bitcoins and other crypto's. This is one of the best surveys I have ever seen about cryptocurrency.
Looking at it from this perspective it sure looks good when you consider the total population in China. Bitcoin for now is mainly used for investment purposes and not actual exchange. Anyone not interested in high risk investment would not be so interested in bitcoin. With time, and development. They would realize the utility offered by bitcoin.
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Telegram has been plagued with scams for many years. It's regular use as a medium of communication for ICOs and cryptocurrency projects makes it very popular among scammers. Telegram has devised means of reducing possible scams. Limiting sending of private message until an account matures. And putting a report scam option whenever someone strange contacts you.
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The sudden pump did not happen. As a result of any major news so the fall does not have to result from one. There are many factors aside media reports that affects the price and can cause a rise or fall in the market. Most bullish and bearish runs comes with a major news but this case was different.
This was not a bullish run. Simply changes (rise and fall) in the chart.
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The forum is not responsible for the personal security of the accounts of members. A forced password reset may not sit well with everyone, as can already be seen on this thread. Suggesting it to the forum users as a step to further secure their accounts would be best. And anyone interested can heed the advise.
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Will the distribution system change due to the fact that users frequently publish good and useful topics but no one gives them the benefit until it becomes like casinos rely on luck. is there a solution to that?
There is a solution, and that is to appoint members who are given smerits and charged with spending it on deserving posts, as giving merits is a voluntary task. This solution has already been implemented, and we have merit sources which any reputable member can apply to be. Keep making deserving posts and you are sure to get the reward for it.
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