From what the op mentioned, I agree and if I may add, the income level of each country is different, not to mention there are many poor countries.
decentralized nature of bitcoin, difficult to control by government so they don't legalize it and therefore Bitcoin is not accepted worldwide
Exactly. Low level income is one of the main reasons why Bitcoin still hasn't been adopted massively by people worldwide. If you are poor, then how would you get access to Bitcoin in the first place? Third-world countries (with the exception of El Salvador) are stuck with Fiat because of limited access to the Internet and electronic devices. As long as Bitcoin remains an Internet currency, we won't be going nowhere in terms of mainstream adoption. Who knows if this no longer becomes an issue some point in the future? Just my thoughts  As far as I know, Internet become a lot cheaper than ten years ago. The reason why bitcoin is not worldwide adopted is that a lot of people don't understand what is bitcoin, how to use it, and even their knowledge about technology is pretty low. People who love the traditional way will stick to the traditional way but right now many young people understand the technology and know about Bitcoin, only a matter of time before the new generation will adopt Bitcoin on a large scale. |
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Everyone certainly hopes to buy low and sell high, but Crypto has no low and high size, what I usually do is make a profit target for example I want a profit of 20% and when it is 20% profit then I immediately sell, or vice versa we want to buy a coin When the price of 50 cents then when the price is reached, I immediately bought.
It's nice when you set your target price when you want to sell your crypto for profit, most people want to sell their crypto as high as possible in the end they got nothing. Many people can't control their greed when it comes to money because they want to earn quick money and hope the bull will continue. When we can control our greed like what you did we can get profit not like what we hope but it keeps stable. |
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Why is it always about price?
~snip~
Well because most people always see the price first before its utilities, it happens not only in cryptocurrency, you can see oil, gold, and other commodities always talk about their performance, their price, and their movement prediction. I just see a little article about why there's a correction, what we should do about that, etc. People will tend to its price. |
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This is newbie talk, so don't kill me. I want to learn, but it seems so complicated.
I want to - sell BTC for ETH, and then sell that ETH for more BTC than I started the trade with. Sounds like a simple way to start, yet I know it won't be.
My biggest concern is that there are so many exchanges. How the heck do I know which ones will pay me after I make an exchange? I know I have to check their reserve balance, but what else should I look for?
Simple, just check their trading activities the more they have liquidity the more you can exchange at ease. Right now there are a lot of exchanges that use bots rather than real people, you will see the difference if an exchange that uses a bot or many real traders if you have some experience in many exchanges. The other thing is the security if an exchange provides a low security then just forget it, it's better to go to the top exchange. |
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Greetings, Trader. I'd want to learn a little more about you. If you're a trader, you may talk about the best trading cryptocurrency on the Kucoin Exchange here.
You can find the best cryptocurrency from CoinMarketcap just look for the top 10 or top 20, the rest will be up to your strategy. No matter what kind of crypto you're trading without knowledge and strategy you won't get the best profit from any crypto. Usually I only trade the best performance cryptocurrency which I can find from Coinmarketcap if I want to try small coins I only use small capital. |
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today I experienced an unexpected transaction from one of my wallets, all my assets were sold automatically, this is the first time I've experienced this, I didn't protect this wallet with a PIN and 2fa
can it be delayed after I use 2fa and PIN for all transactions?
You should protect your wallet with the 2fa authenticator, it's a risk if you're not set up your 2FA because something like this can happen especially when you're entering a phishing site without realizing it. When someone enters your wallet usually the user will receive a notification in their email and you can change your password because 2FA is hard to break through. Always keep your wallet safe |
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Well, I just typed on google and found a lot of sources like Binance Academy, Bitcointalk, Youtube, Github, and many more. You will find the best website for yourself as long as you're not lazy to search. Also you can learn how to trade from your friends too if you have a friend that willing to teach you how to trade then it will be great rather than learning by yourself. |
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The best thing is to immediately divert to the stable coin, then wait and continue to make which coin analysis is worth buying, when the bear market then many things are unexpected and in my opinion by diverting to stable coins make us more calm and not panic.
Well, if we are in time to change from token/coin to stable coin then we can buy the dip now but probably most people do not get a chance to change their assets to the stable coin. So the best thing to do is to prepare for new capital from your cold wallet to buy the dip. Don't miss this golden opportunity since we can't see another low price like this in the future. |
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I believe no one can learn everything about crypto in one day so there is no giving up on the part, always learning every day, now I think its time I move into crypto trading, not in rush but i am less busy this days, I want something I can slowly learn about so is there any books or video about crypto trading? A genuine stuff that has almost all answers to trading, candles and other stuffs that a newbie needs to learn first?..
A lot of videos or some guides about trading out there just type on google and viola you will see a lot of trading materials. Currently there's not a lot of movement from the market so it's a great time to increase our knowledge about cryptocurrency, learn something new will make us feel bored but it will become fun when it comes to a discussion so invite your friend to learn together. |
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Bear market what is might coming if fed really really decide to cut off big money dollars if they do so.
Then btc off course not moving and few top coins also will not move but this situation is not bad becouse each team will pump their own coins so we will see most of market stalled and 1-3 coins pumping its get urself in the team if you want to eat each team will pump their own coins.
If they got reserve money then they will make their tokens at a steady performance so many people won't lose their trust in the project, although many tokens dump following like bitcoin movement some of them are getting pumped to attract more investors. in my opinion a token that pump by their own team only lasts for a few days until it follows the bitcoin movement. |
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