In my opinion, bitcoin price will not be affected if the USDT price collapses, yes it maybe a little bit affected, but it won't have much effect. bitcoin and usdt are different currencies. from a different world too. less likely to be affected. but yes it maybe have a big effect on the price of bitcoin, for example the price of bitcoin will get higher if the usdt collapses. or more and more new investors are buying bitcoin because it is more suitable for investment. but yeah don't know, I can't predict.
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It is difficult to convince people to accept digital currency. Where I came from, parking payments switched to using e-money, many people objected. Especially if we are forced to accept digital currency. But I think it can be do in stages, starting from the introduction, requiring home bill payments to use digital currency, and requiring important payments to use digital currency, especially state tax payments, which must use digital currency. Maybe if little by little it is applied to our lives, people will be able to accept digital currency and start leaving conventional currencies.
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Many hacker and scamer involved in bitcoin currency. Bitcoin is digital currency so many people don't know about bitcoin. Bitcoin is high risky because it price can be high increase and decrease in a day.
Youre right, there are many hackers and scammers in bitcoin currency. and bitcoin is also a high risk. but with existing technology, all of that can be minimized, for example using a personal wallet to store bitcoins such as those sold on ebay or amazon, it can be used to avoid hackers and scammers. If its about the risk that the price of bitcoin fluctuates, instead it should be used for profit, from shorter trading for example. it all depends on the views we have. but why do many avoid bitcoin, in my opinion because they dont know how profitable bitcoin is. Suppose they know that they can profit from bitcoin, maybe they will start to be interested. maybe they also know that bitcoin is same as like common currency that is used for buying and selling.
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Now bitcoin is preparing to reach another ATH. Are you still there and holding your bitcoins? What happened to your life after 10 years in bitcoin? Is there any changes?
Until now, after the price go up high yesterday, I have sold half of the bitcoins I have, it has made me very profitable, the other half Im just waiting, maybe the price has go up than yesterday, because Im not good to reading the market, so I better hold on for a while until the price rises even higher. Not yet 10 years, I have known bitcoin, maybe 2-3 years ago, that has been make profitable and has brought many changes to my life, from being able to find my own pocket money ,investing and studying other digital currencies. yes of course, if I know bitcoin in 10 years, I will be more advanced, by making bitcoin a livelihood, for example short-term trading.
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of course looking for altcoin for free, bounty campaigns are an easy way to earn income too. the rest is no more, because that is the only reason we follow the bounty campaign. everyone must have the same goal, follow the bounty for profit.
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it's good if we think to return invest again or focus on bitcoin again. because right now bitcoin still dominates the crypto market for us looking for profits. but there is nothing wrong if we still maintain a little of our investment in altcoin, if sometimes price rises at any time, we can still take advantage of altcoin.
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I agree with you, short term is better when the current market price situation like now. as long as the price is higher than the initial price we bought it, it's better to sell immediately if it's already profitable even though a little. a little profit is better than a waiting a long time and loss.
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good idea if you reduce risk by investing $ 1,000 in bitcoin and $ 500 in other coins, because we know bitcoin can be profitable. maybe you can invest your $ 500 in altcoin which is also potential like BNB, no more investing in fake coins like co coin that doesn't have a market yet.
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Thank you for the information. but usually I will sell my tokens that I get from the bounty if the market reaches the ico price, if not I will not sell. I always do like that from the first time i get from bounty, and in my opinion it's already a big result for me, although maybe the price can go up again.
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your post is correct and makes sense. I also agree with your opinion, the new bounty is indeed getting worse now. different from the old bounty that even their coins can exist until now. the more here we have to be more careful, so as not to get caught up in a bounty scam.
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there must have been many who answered or told you to follow the bounty or airdrop. look here https://bitcointalk.org/index.php?board=238.0there is a collection of bounties and airdrops, where you can get altcoin for free, good luck
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What are the sources of the money you invested with bitcoin or cryptocurrency? Anybody here used credit cards?
the source of my money that I invest in cryptocurrency or bitcoin comes from the bounty results, or the results of this forum. because I first knew this forum, then bitcoin, getting results from this forum, I immediately tried to buy a little bitcoin. I didn't use my personal money because at that time I wasn't sure.
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look at market prices, especially on the price of coins that have continued to change over the past 24 hours, such as bitcoin, eth, xlm and etc. if the price has gone up and back down within a few hours, maybe when the price goes down that's the right time to start investing or buying. being a trader is more profitable now than just investing in a fake website or ico.
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if the country convert to cryptocurrency there will be a many benefits for the citizens and users including us, crypto can be used for payments and investments. but the disadvantage is, the country's economy will be increasingly difficult to manage because cryptocurrency is too volatile.
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You're right, why bitcoin can't be replaced with new altcoins like ethereum for example. why until now bitcoin is still the king of the crypto world ? is it possible because bitcoin have many users and is more trusted for an advantage in cryptocurrency?
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I vote yes. although actually I'm not sure, but looking from the last few years until this year, bitcoin is still work well for investment and payments, yes even though the price has not been as satisfying as a few years ago, but I believe bitcoin will work for the next 10 years or more.
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I agree with your opinion, most investors only hope to be able to multiply their capital in a fast time without paying attention to the IEO project in detail and caution. including me. it must be before starting the investment, must find out first whether the project will be profitable or not.
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not only new investors been impatient, but old investors who have suffered losses due to falling market prices, also begun to be impatient. maybe new investors don't know much about good investment methods.
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If you really want to invest in crypto and that too if its first investment, then start with bitcoin. Sky is the limit for bitcoin in the years to come. Followed by ETH.
I agree with this opinion, these two coins still continue to be excellent traders. but do not immediately spend $ 1k, gradually and if possible be divided into coins or other investment sites.
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