Came across this video in which a person questions whether they prefer to take 100$ or Bitcoin. The kids never took time, all of the sudden chosen 100$. I'm not specific about the location this had taken place, but it looks like they're are Western people. This makes me think, awareness is not upto the mark and in all means we need to educate people. Even the Western young generation unaware of it is really unbelievable. 100$ or BitcoinYou won't blame the person in question, because their is every tendency that the person is not informed of Bitcoin, i know very well that Bitcoin have to deal with awareness, maybe at that point in time the person needed cash to sort out it's bills, so i believe that if it's aware of Bitcoin properly it has chosen Bitcoin over $100 |
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Do you know his real name or do you recognize his face? I do and I know he doesn't like for his privacy to be violated, so I stopped talking about it few years ago when I saw that staff removed the posts with his name mentioned. If he has decided to retain his privacy, let us honor and respect that. Though I do love to hear from him from time to time, know his inputs on several topics about the crypto currencies in general.
Do you know that majority of the users of bitcointalk used a nickname in their user, so if i should know the real name of theymos i will keep it confidential, because many people will draw nearer to him because of favorites, and i believe that many people who is registered users of bitcointalk that came from his country have no access to him, and i believe that is one of the factors that continue to keep the secret of the forum intact without been reviewed or exposed. |
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Usually I just explain the tip on it because most of the people who ask me know that bitcoin has a high price, so their purpose is to earn profit on it. I just explained what the real purpose of bitcoin is before most people knew it as an investment and how I've earned from it. I don't really go deep into it, as I'm sure they won't understand. Then I would also give them links and videos to learn more about bitcoin.
Do you know that till date many people is confused of Bitcoin, i will say that different people will narrate or give different explanation of inculcating the knowledge of Bitcoin to another, actually the objectives of someone who comes into Bitcoin investment is to make profit, basically when I'm impacting the knowledge of Bitcoin other people i first tender the demerit of Bitcoin investment before the advantages, some people fails to tell new investors the negative impact of Bitcoin investment, which from my understanding it's unfair. Teaching people Bitcoin, ensure that you have backed it up with the necessary article it interested one will read and comprehend. |
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Bitcoin's adoption is like a disease that spreads quickly and if there will be some bodies(authorities) to stop it, they barely make it.
Before, bitcoin was introduced as a peer to peer payment but right now, we mostly see people adopt bitcoin not only for the usage of being a payment method but mainly as an investment, as an asset.
And that's not wrong, because its utilities can be seen and we can't deny that either or the two, it really is.
You are right, the main purpose while Bitcoin is been valuable in the society today it's because is an asset, many people who comes into Bitcoin today it's because of having more profit via their investment, in last five years people who values Bitcoin now have not had the interest of Bitcoin, so therefore it's obvious that the more the year are coming, the more massive adoption of Bitcoin, so i believe that Bitcoin have continuous adoption, because the advertisement of Bitcoin has gotten to the grassroots, so the adoption will be adding instead of reducing. |
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It's now when if you happened to example Bitcoin for some people and they will embrace you, but during the time Bitcoin was first introduced many people doesn't welcome teaching of Bitcoin, because what comes to mind is that Bitcoin is used for scam and during the investment their is every tendency that your investment funds will not be recovered during the investment, but people have known the possibility and also confirm the regulations and important of in the society.
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Based on your subjects, i will like to tell you that in cryptocurrency investment theirs no age limitations in cryptocurrency, secondly what is necessary over cryptocurrency investment and especially bitcoin is the observation of the market and be able to comprehend the market determinates, let us just skip the age factor of investor's and concentrate on the experience you acquire towards Bitcoin.
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My belief on Bitcoin was formed when a friend of mine in the school bought a new car with he's profit, at first I didn't believe him untill I saw he's Bitcoin transactions I was like wow, at that time I was forced to learn little about Bitcoin stuff.
I want to encourage you so that you won't depart or be curious to make same profit he made to purchase a car. Any thing concerning cryptocurrency investment have do with time so it will enable you to scrutinized the market before investing, but the process whereby you consider your friend purchasing a car with Bitcoin and venture into Bitcoin investment without knowing the rules and regulations or the rudiments of Bitcoin, it's very obvious that you will end up landing on the losing side of Bitcoin investment due to you don't have the pre -knowledge of it. |
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To make money, we simply keep it for a long time. This does not mean that they are greedy; rather, it simply means that they want to increase their profits. There is a good chance that you will increase your profits in a few years, but it will take patience. You are unable to wait, thus it won't work on you, so we'll use another tactic. Some of us employ the same tactic as you: we experience a modest increase, which we subsequently sell off, while others choose to hold on because there is a higher likelihood of making large profits.
People do venture into lost during the time of cryptocurrency investment, but one thing that makes some people not to cash out when due during investment is greediness. Actually an investor wants to make good investment, but what i notice for cryptocurrency investment is that when your instincts is telling you to make more profit it's when you about fall into lost, so as investor let us minimize our level of greediness in any investment. |
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Losing is inevitable it is really just you should really know on how to manage risk because it is really still that good that even if you do have losses which is inevitable but still ending up on being profitable on overall trade then this is what mattering the most.People should target out on being positive although it would be hard but its not something impossible that you couldnt really reach out.It is really just we do really need to have that
good preparation and risk management.Trading isnt something simple and we all do really passed up on being a newbie but overtime on the time you do get sufficient experience then you would
really be able to handle up yourself into this very unpredictable market.
I know that losing is inevitable but many people contribute for their Lost, so i believe that when someone scrutinized the market very well the rate of your lost will not be huge, so it's obvious that some people are not good trader but they jumped into trading without knowing the rudiments of trading, so their is every tendency that they will experience the negativities of the market, while those who have the knowledge of trading knows the ways to escape the lose of the market after making their research. |
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Hold can either get one's account loaded with profits or liquidated with reference to the project been invested on. Patience is the key factor of becoming financially stable in the market. Holding a coin for a long period of time and getting good profits as rewards at the end of the bull road maps for the projects is only earnable with patience. There are varieties of projects in the space, some are meant for short term while some are long term for holding, the main target is to be patient with the project, until it makes it's bull run up.
I know that patient is one of the things that makes long run investors to make profit, but profit making in cryptocurrency for long investors is dependable on the kind of coin you invested on, and the potentiality of the coin. Some good investors who makes research of coins do make profit for short term investment than long run investment, because some long run investment some of the altcoins that doesn't have a good potential do give off on the process, while some of short term investment the coins that lacks potential do bring up a profit. Sshall it depends. |
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I think of course if you invest without understanding you will lose your money. In particular, you must first acquire a good knowledge of the market and take the advice of knowledgeable investors. And do a good analysis of the coins you invest in. But I think if you invest in bitcoin rather than investing in alt coin you won't be afraid of losing money in future.
Your right, while some people do lose in cryptocurrency investment is due to lack of investigation and research, like some people likely invest in a coin that doesn't have potential, a good investors will scrutinized a coin very well before it will directly go into investment, many altcoins today have made so many people to lose their capitals due to wrong investing on a coin that doesn't have potential, and secondly do not rush to invest in a coin with a proper research of the coin, some people invest in coin Because of promoters are making emphasis of such particular coin, so do not be deserved on investment of cryptocurrency. |
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I want to get more educated in trading and I learned a lot of it with youtube here on forum etc. But I want to get on another level and I'm in search for literature. Maybe there is another topic about it so please send the link for it too. All suggestions are welcomed.
What i will advice you is that, since you have make several research concerning trading via YouTube i will advice you to learn manually through practicing of trading with little amount of funds so that through that you will develop your own skill of learning of trading. And one thing about trading education is consistent learning. Because it's through your errors. |
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I'm not buying and even if i wanted to i don't have trust in this forum , i dont understand actually what you mean by you don't understand the forum or trust the forum. A place you don't trust i think you have the right to carry on a text or research. |
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Just want to emphasize on the aspect of scamming, people can be scam with cryptocurrency due to they are inquisitive to get something,
I'd say it is due most especially to greed/avarice, not techically that they are inquisitive to get something. Obviously greediness will make you to be inquisitive, so it's obvious that greediness is one of the major factors that makes our investors to lose during investment, and take many people a lot to detect or notice they are getting greedy over the market or investment, what i really understand or capture in some person's kind of investment, is that they don't have take precautions in any of their investment, so most of lacks of ability or knowledge lures some investors to the negative side of investment. |
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I see a lot from the perspective of some beginners like me who are new to cryptocurrency.
Sometimes, some of them see the cryptocurrency world as an easy way or business to get profits or get rich quickly.
for crypto beginners?
In cryptocurrency investment, it's something that have to do with both advantages and disadvantages, so therefore i believe that Bitcoin have do with many things, and before you can as well become propagate in Bitcoin investment, either trading, short term investment neither Long term investment, you most have known the foundation or the rudiments of Bitcoin, let me be plan or district to you op, what gives profit in Bitcoin investment, is ability of the investors to microscope the market chart before investment and after investment. So if investor can interpret a Bitcoin chart, theirs every tendency that they will be a sustainable profit towards your investment. |
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Many people get the concept of cryptocurrency and especially bitcoin very wrong, indecencies that some people taught is that Bitcoin is highest and the last hope of human being ti earn a living, i think from my perspective such concept or ideology is weak one, i just want the newcomers in cryptocurrency to understand that Bitcoin or coming to forum to share the ideas of Bitcoin is not necessarily what will make you rich. And it's obvious that if you don't learn and comprehend the system of Bitcoin, it's when you will note that the disadvantages of Bitcoin is higher than the advantages. So before you will become more successful in Bitcoin you have peruse the system.
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Just want to emphasize on the aspect of scamming, people can be scam with cryptocurrency due to they are inquisitive to get something, and that is while it's meaningful and necessary to ensure that you are wise in any aspect of your transaction with a strange person. While many people use Bitcoin to scam, it's because the payment procession doesn't take time for confirmation, and secondly more stress will not be attached to it. Compare to the stress of banking system, so any business transaction negotiations that comes along with Bitcoin we have to be watchful.
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Good day all.
I am Ronsbit and new onboard this platform. I have gone through most board here and I have read through to see some rules and regulations. I am also looking to investing in bitcoin and as well spread the word of bitcoin to my peers and everyone around me who cares and pick interest in bitcoin buy I would also need some advice here on how to go about it which I believe there are some good Samaritan here that can guide me through to achieving it and making my stay here meaningful in contributing my quota of existence on this platform.
I will appreciate your opinions, directions and lots more politely.
Thank you.
At first i welcomed you to the community of bitcointalk, and secondly you should know your objectives while you're here, because i believe that theirs elements of things you can acquire when you devote out time to learn of cryptocurrency and especially bitcoin. Most people who is here in bitcointalk have learnt a lot base on cryptocurrency, so whatever you are doing you most have determination, guilding you will be all about reading all the post in the board you find yourself. |
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All the callers, saying Bitcoin will get to $12k $10k or below, we haven't see $14k so far, is $15.4k the last bottom for btc or we are still going to see more dump??
this should be a mini pump
because Btc is resting at a critical supply zone. If it breaks and close above it, we may not see 12k. If not 12k here we come
You know that we have a lot of speculations going around, someone will come up now and portray it's observation or feelings over Bitcoin increments without any proof, right now i can say that Bitcoin will get to twelve thousand (12k) without no evidence or below twelve thousand and many people will believe me. so therefore speculation is something that is taking over Bitcoin price, and it's obvious that almost all the speculations have no fact. So nothing all prediction you will believe. Not something new and we've been lots of calls when it comes to that 10-12k price point.Some believed that it is really just too far off and there are some who do believe that the price could hit up this point. No one could ever predict on what would gonna happen but if ever it would happen then lots of would bag holding that point but its not really something that would assure out. Therefore we should really be that wise on taking up decisions whether to buy and sell on specific conditions and we should really be taking actions if you do see opportunity. Everyone in cryptocurrency supposed to know exactly how to read the chart of cryptocurrency and especially bitcoin, because i believe that if you know about Bitcoin chart nothing will make someone to trust some speculations that comes in Bitcoin, so the condition i find myself right now shows me that Bitcoin many people do not make their own research and they mostly depends on another analysis. The price of Bitcoin is not stagnant and you can wake tommorow see the price going up or down and it depends on the marketcap, but if you know the chart very well no body will deceived you of price of Bitcoin. |
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I'm responding to this thread through the subheading, from the beginning of cryptocurrency it's obvious that it's independent, my reason to portray such is that government have no power of Bitcoin price, so whoever that is investing in Bitcoin is independent for financial situation. Trading of cryptocurrency and long term investment and Short term investment of cryptocurrency are independent.
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