there are currently many digital currencies in the country. but all don't use blockchain technology. I think, in the future digital countries will adopt blockchain technology but with a controlled system. while Bitcoin will continue to run on its ideas. and that is a complement to the world currency.
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Bitcoin has a price because of the agreement between bitcoin sellers and buyers. Basically Bitcoin has no value. but the users have made an agreement to give value to bitcoin. why it's valuable, because Bitcoin has technology that is safer than the central bank. Bitcoin is more transparent than a bank. and in my opinion blockchain technology is what makes the value of bitcoin bigger.
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So I was watching "The Tonight Show Starring Jimmy Fallon" and I came across a video where Jimmy is talking about Bitcoin's Birthday " Thank you, Bitcoin for turning 10 years today this week which is the exact amount of time it takes for someone to explain it to me what the hell Bitcoin is". Also, I know it was meant as a joke but don't you think this explains facts in a humorous way! I feel like the biggest problem with Bitcoin is the "understanding" of it. What do you think? If you want to watch the video, here's the link: https://www.youtube.com/watch?v=i3Hma8DKXS8&t=100s(0:53----1:07) I personally only understand the meaning of bitcoin on the surface. if someone wants a deeper explanation, I can't. because bitcoin is very difficult to understand. but in essence I understand the use of bitcoin. well, it's just a rough understanding that bitcoin is a digital currency / digital gold.
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I'm not sure if the price of bitcoin will fall in the future. because I see every day more and more bitcoin users are growing. but if the bitcoin price will be high. I still believe that. investment in bitcoin does have a big risk. but this is bitcoin, if you want to succeed. trying to invest in bitcoin is not wrong. believe me, bitcoin will not lose its value in the future.
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so. every bitcoin transaction can be tracked. and traced. because all transaction records are written on the blockchain. so even though bitcoin is semi-anonymous, it does not guarantee confidentiality to the sender and recipient. so that any crime can be traced.
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I have over a hundred different Altcoins, some I bought in ICO, some from Airdrop and bounty and some I bought from exchanges and selfdrop.
My problem is that I have an issue managing them, whether to sell some and keep some, but I don't even know the ones to sell and the ones to HODL, and they keep turning into shit, a help will be appreciated buddies
you better look for information about coins that you hold. immediately sell coins that do not have a team and project in the future. and keep holding coins for good projects. holding a large number of altcoins is good. fixed if most of it becomes dirt. then you should throw it away.
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Hey guys, what do you prefer, hold till the end or trading? I know that people who are holding are actually saving crypto from total fall. But is it profitable to hold?
if you have skill of trading. you should trade. but if you don't have trade expertise. then holding is the best thing. this is for future profits. while trading is a profit today. and trade must have a focus and continue to monitor prices.
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you want to invest or to trade. if you take a position when the market is red, you want to trade. you can take Ethereum, Ada, Neo, Xrp, eos, trx, LTC. in my opinion this is the best coin for trading. if for investment, you can add Bitcoin to the main one.
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I am a part-time trader. I am just like you, have a real job. My work starts from morning and ends in the afternoon. and at night I started trading. there is no target for what percentage of my trade. as long as it produces good and sufficient profits. I will stop and take a break to start tomorrow.
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often trade or not, that is your choice. the target profit or loss is your own determination. I think it's good. make a target of 10% profit for one day. and make a stop loss of 3%. if the target is reached, you can stop trading and make fresh thoughts. so, your target has no effect on the frequency of your trade.
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for security and value stability, Bitcoin remains number 1 because the biggest crypto user is Bitcoin. but if you want to be more profitable, altcoin will be a choice. because of very fast price fluctuations. but also has a big risk. because the price is unstable and cannot be predicted correctly.
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the best stays in pairs at Bitcoin and ethereum. because this is the best crypto currency. other than that you can enter USD to pair up. so that it will be a good exchange for the future, because it supports fiat currencies.
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if you are able to be patient to hold on, all your capital will return plus profits, but if you are impatient. everything will disappear and you will lose. I personally bought DGB at 800 satosi, and you can see the current price. but I still believe it will return. so stay calm and do other work.
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Thank you for your advice. This is very useful for long-term investment. but the most important thing is, we must remain patient when holding coins. and choose the best coin for this investment method. do not hold coins that only become pumps and dumps. because it will die. keep calm and enjoy every day in achieving your goals.
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I learned to trade self-taught. just look at the candle picture, learn the pattern through pictures on google and practice it. I started with small capital for practice, because I understood there would be many failures when I learned to trade on my own. but I did not give up. until now I have enjoyed the results. because in essence, learning is with patience.
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yes, I personally agree with you. listed on a large exchange when the first listing is bad. because it will have no effect when listing on other exchanges. prices will grow when the project is truly alive. but when a team makes a start for listing on a small market, it will make a big leap when planning a listing on a large market. the best strategy is like that. and will be the highlight when the project grows and updates.
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it's still long, I think the low line of bitcoin prices is still going on for quite a long time. and to make investments when the price of bitcoin has reached a 20% increase at 1 week it is very risky. I prefer to buy now. although it is uncertain when prices will rise high. but there is still an opportunity to use trading, rather than having to wait for the next step.
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You can use trade to learn to invest. because trading is better to add to the money you put in crypto. so that it can be for learning. because most crypto is in trade. but if not interested. You can only buy and store crypto. and best is Bitcoin. for long-term investment.
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blockchain is based on the financial system. so I'm not sure it's next internet. but some projects with incoming tokens on the seach engine platform. I believe the Blockchain is a big book about future records that are not erased.
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in my opinion, the price of bitcoin this year will tend to remain stable at a price of $ 6-8k. does altcoin follow the price of bitcoin? basically it's true. but when stable, altcoins will make more pumps but remain in the Bitcoin area. and the future of bitcoin will remain good.
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