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I am very happy that your sharing is useful.
But if you explain to a person who always treats Bitcoin as a scam that Bitcoin is not a scam, you will find that no matter how you explain it, they will follow their ideas. Your explanation is useless. I once talked with a friend for half an hour, and he remained indifferent, just believing that Bitcoin is a scam. I can't do anything about it. He doesn't believe me to let him watch me operate the transaction.
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Ponzi scheme is centralized, Bitcoin is decentralized.
Bitcoin will not deceive anyone and is transparent. Bitcoin has value because of everyone's consensus, and Bitcoin will not collapse because of the operation of a giant whale. No one can control Bitcoin.
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Investment is like gambling.
Some people want to invest more and earn more, but in many cases, the consequences of this idea are beyond people's affordability. When many people invest a small amount of money, they are always misled by others "be brave and try boldly." If they make money, they will be very happy and they will invest more and more. If it fails, it may require great psychological and financial affordability.
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I would like to try to put my bull market profits to good use. I was wondering what is your strategy to continue making money when things turn bearish?
BUIDLFalling prices are a good opportunity to buy. Keep holding and buying! |
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Hype coins need the support of influential people. Dogecoin has been supported by Musk. Even if Musk now says that Dogecoin is "junk" coins, there will still be people holding Dogecoin. Dogecoin is already popular and there are coins for supporters.
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Long-term holding may risk the coin's death. The coin becomes dead coin in the hand, and there must be a lowest price in the heart to reduce losses.
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Now you can invest according to the market, you need to study the altcoin market, and you can choose to buy the top altcoins. The price recovery of other altcoins may not be ideal. You need to maintain good patience and wait for the price to rise.
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You can tell him the knowledge and investment skills of cryptocurrency. You can let your friends invest on their own after understanding the market conditions. It is best not to help others make decisions when investing.
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Gold can be used as an investment or as a commodity for purchase. Bitcoin is a project that everyone has chosen to invest in in recent years. Bitcoin is easy to carry, has a relatively high value, and has anonymity. Nowadays, many people choose to use Bitcoin as a payment method, which can protect our privacy. You can invest in either. If you are richer, you can invest in both at the same time.
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When people’s privacy is not threatened, most people don’t care about their privacy and think it’s not important. They only care about their own benefits. But the more people’s privacy is revealed, the more thorough the analysis, and the less money is found to be spent, is the time when people lose their independence and are controlled.
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Bitcoin is becoming more and more popular, and everyone knows that it is being used more and more. When a large number of novices enter the market, it may affect a little bit of Bitcoin price fluctuations. But when more and more people recognize Bitcoin, then the value of Bitcoin will get higher and higher.
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The price of Bitcoin is now unstable. When all items are priced with Bitcoin, the price fluctuations of Bitcoin will be relatively stable or even no fluctuations. How the fiat currency is priced now will be how Bitcoin will be priced. Every commodity and item will have a reasonable price.
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In the crypto world, most people are not full-time traders. A full-time trader has to stare at the computer at all times. I can't do it for a few hours to watch the data. I am a long-term holder and I have a normal job. I will pay more attention to the cryptocurrency market during the weekend. I don’t think you need to be a full-time cryptocurrency trader to succeed. People who know investment and understand investment will succeed.
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Remaining calm is always the best thing you can do. The past has told us that most people who haven't sold their coins have made decent profits by just holding onto them.
I'd definitely by bitcoin at a drop, not sure about the top 10 though as they might suffer harder than btc and a few of them (usdc and doge) might be bad for long term holding.
Keeping calm and having absolute patience are the two advantages of investing. A decline in the market will also be an opportunity. But be aware of the long-term overall coin market trends, and don't make emotional investments. The top coins cannot be bought intuitively. Don't buy hype coins when the market is generally down. |
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Exactly is satisfaction.
When a person makes an investment of course they will already predict the price that will be achieved according to desire.
In that position an investor will be tested mentally, whether selling or staying hold.
Of course, all decisions are based on research first.
For meme currency, it needs to look at the market. After all, it is a hype currency and needs to seize the opportunity. But some long-term value coins can be held for a long time. Long-term holding means that one's mentality cannot be affected by the market. The important thing for long-term holding is to have patience. |
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Some factories and companies need to be vaccinated before you can enter. Some factories are strict and you still need to continue to wear a mask even after you get vaccinated and enter the factory. Protect the health and safety of yourself and others.
Vaccination is also a good thing for all of us. Can strengthen our immunity. After vaccination, you can enter and exit shopping malls or public places at will (even if you don't wear a mask). Vaccination has become a standard.
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In the world of online platforms, 80% of people are now involved in information and communication technology. Cryptocurrency is now the most popular of these different types of information and communication technology sites. Cryptocurrency is now in the best position. Bitcoin is one of the best cryptocurrency tokens. Which is now called the lifeblood of cryptocurrency. In addition to Bitcoin, there are some popular coins such as Ethereum. By 2025, cryptocurrency will be 80% inclined.No matter how low the price of Bitcoin, Bitcoin will remain popular.
I have the same idea as you. Most everyone knows about Bitcoin. There are many promotion of Bitcoin now, and more and more people know about Bitcoin. When everyone learns about cryptocurrency, everyone may will choose to invest in other altcoins. But the main investment is still Bitcoin. |
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Government support for Bitcoin can indeed help Bitcoin.
Let more people know about Bitcoin.
It is also helpful to increase the price of Bitcoin.
However, it seems that it will take some time for governments around the world to support Bitcoin.
There are also countries that have not recognized Bitcoin since the beginning.
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Bitcoin's decline, media releases of negative news will have a little impact on Bitcoin. Many novices will sell their bitcoins after reading the news.
Many people still don't believe in Bitcoin.
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Every investment is a coin of trust.
Every investment should be clear.
We are responsible for our money.
To invest in new projects, you must understand the basic information in detail, and don't trust others completely.
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