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the lesson I learned from the crypto market besides greed and fear is patience. when deciding to invest in crypto we have to wait patiently for our coins to go up and now we also have to be patient if our ICO project is a scam. cryptocurrency is not a way to get rich with cryptocurrency more than that. cryptocurrency with blockchain technology has provided a new breakthrough in our financial system. and now the blockchain is headed for mass adoption. this all proves we can get many lessons from cryptocurrency.
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I don't think blockchain will give a country's economic boost. economic improvement is influenced by many things. blockchain is just a technology created to make it easier for us to make transactions using blockchain transactions will be faster and cheaper also does not require a third party. and also transparent all parties can see the data. blockchain makes it easy to transact.
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it is a too long time and that makes me so tired, I need money to invest a plan, but there is no money
Do you have any idea?
Yes, My idea is you have to be more patiently, It makes you tired because of your mind on 2 BTC every day, so don't think it, get a job to find money and learning something new. Patience and fortitude conquer all things
– Ralph Waldo Emerson -
https://zenhabits.net/15-tips-for-becoming-as-patient-as-job/yes I agree with you rather than tired of thinking bitcoin that does not go up you better find another busy. You can find a job so you get money. I give advice not to make investment or trade crypto as the main income because it is very risky. we don't know when prices will rise and fall. but don't give up be patient I'm optimistic that bitcoin can rise again. bitcoin is currently in a downtrend later when it's time for bitcoin to experience an uptrend. patience is the key to successful crypto investment. |
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yes you are right if we understand the crypto market well then we won't complain much. because fraud in any investment is normal and the risk that we must face. rather than complaining, we should do our research in earnest before joining the ICO. and now there is an IEO that provides security to investors. investing cryptocurrency does require patience in addition we have to be patient waiting for the increase in value we have to be patient with scammers.
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Ethereum, being the world's second largest cryptocurrency by market cap, has all the potential of replacing Bitcoin in the future. It's more than just a cryptocurrency, being a platform for the development and execution of smart contracts (aka dApps). With ETH, it's possible to launch alternative cryptocurrencies without the need to start a Blockchain from scratch. It's also possible to use the ETH blockchain for other purposes such as voting, proof of identity, verification of documents, and more. In contrast, Bitcoin's only use is for finance where it cannot be implemented in other areas by its own. Given all of the benefits Ethereum provides on top of Bitcoin, it makes me wonder whenever it'll be able to replace the pioneer cryptocurrency within the future? As long as, Ethereum keeps progressing in development and mainstream acceptance, it'll be much closer to Bitcoin every step of the way. What are your thoughts?  what you say is true but in my opinion in terms of value, popularity and market capitalization of ethereum is still far below bitcoin. and a limited amount of bitcoin will make bitcoin more valuable in the future. So I think it will be difficult for ethereum to change the position of bitcoin. although ethereum has better technology than bitcoin. |
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Hi guys, where do you think should i put my remaining $1300USD? Any suggestion please? and why?
I would rather choose to invest in the top 10 coins, and all the choices are up to you but I prioritize holding a BTC or eth. try to hold more than one coin and the coin you choose has a high trading volume every day. the reason I suggest holding more than one coin, is because each coin has a different level of trading volume. when one day you want to sell it, you can choose which coins you think are profitable to sell. and why you should choose the top 10 coins, because in my opinion the top 10 coins have a lower level of risk than new coins appearing on the crypto market. |
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Investors needs to have interest in other for a project to survive, once investors lose interest its the end, this is why i think developers need to be serious from now onward, there will come a time that new projects won't see investors investing on their projects and its because we have had enough of crappy projects, if there is no more good ideas developers need to stop building projects
yes you are right the presence of investors in new projects is very important. without an investor the project will fail and die. that's what happens now many ICOs are scams so this makes investors not willing to invest in new projects. they prefer investing in bitcoin and old altcoin. so I hope for the developers to be serious in making the project so investors will trust again. |
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before investing bitcoin there are always people who say invest as much as you can afford to lose. I think this advice is correct. when we follow this advice we won't stress excessively when the price of bitcoin goes down. because we are ready mentally when our money is gone. and precisely the majority of bitcoin users like bitcoin because of its fluctuations. when prices go down are buying opportunities and when going up is time to sell.
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in my opinion scam always happens everywhere not only in cryptocurrency. In fiat money transactions too many frauds occur. we can't avoid this because scammers always have ways to successfully steal our money. all we have to do is increase the security of our wallet. one way might be to use a hardware wallet. we can save our bitcoin in trezor or ledger hardware wallets.
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Actually if we look at the price pattern from the beginning until now, bitcoin has a pase where prices have corrected and recovered by themselves but in a period that cannot be determined, now bitcoin is experiencing this correction we can use as an opportunity to buy at a low price and sell it later when prices recover and skyrocket.
yes i agree with you i think bitcoin has a certain pattern. there is a downward trend and there is an upward trend. at the time of 2017 yesterday bitcoin experienced an upward trend and currently we are on a downward trend. this provides an opportunity for new and old investors to add bitcoin. I am optimistic that bitcoin will rise again even though I also cannot be certain when it will happen. I will be patient waiting. |
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yes maybe it can happen when the stock market falls, some investors will switch to bitcoin. because bitcoin is also getting famous. but maybe some stock investors will switch to gold investment. because the value of gold also always increases every year. but I think the fall of the stock market will not affect the price of bitcoin. bitcoin prices depend on demand and supply.
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in my opinion the best way to increase our altcoin is to trade. because the principle of trading is very easy, namely buying at low prices and selling at high prices. I did not choose the ICO investment method because now most ICOs are scams. it's better to do more profitable daily trading. but we also must be prepared when we suffer losses. make this a lesson. then later we will become more expert in crypto trade.
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investing in cryptocurrency does require patience. because we don't know when coins will go down and up. when market conditions like this I choose two ways, namely investing long-term and short-term. I use bitcoin for a long-term investment in bitcoin. and I use altcoin for short-term investments. although the benefits from short-term investments are small. but if done continuously will accumulate a lot. than we just waiting for bitcoin to go up. we better make short-term investments.
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It is easy to get stucked in this trap when you read a particular economic news and tell yourself that it seems likely to make the market go in a certain direction. Once you convinced yourself that what you expect to happen is basically you digging for your account. In the early years of trading, many traders were stuck in the trap of trading in news and focused too much on fundamental analysis.
Trying to find out what the market is going to act next after the major economic reports are published appears to be obvious and useful to a trader at the time. However, you may be surprised to learn that the trader focuses too much on news that is losing money as prices tend to move in the opposite direction from what the news reflects.
indeed in trading we have to look at the market price volume, but for me I can't leave the news. I myself still rely on the news to decide which coins I hold, whether to be sold or have to stay afloat. because for myself, it's quite difficult to read market charts and have an accurate strategy in trading crypto if I don't balance it by looking at the news. indeed there are a lot of news that are not in accordance with market reality. but in my opinion, not all news is like that. |
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*You never loose until you cash out*
I never subscribed to that one myself, but I hear it a lot around these parts. "Buy low, sell high" is the gold standard of investment advice--it sounds ridiculously obvious, but many traders/investors don't have the balls to buy something when the price is low. You've seen all the people jumping on the bandwagon once bitcoin starts to shoot up, and they end up buying it at the top. Why do you think Warren Buffett made all the money he did? He's smart enough to recognize when stocks are on sale, and it's the same thing with crypto. Other good advice I've heard is not to take tips from people. Another is to try to control the emotions of fear and greed when trading. I'm not really an active trader, but that advice makes a ton of sense to me. yes i agree with you. in investing crypto we must choose the right time to buy and sell. buy at a low and sell at a high. and then control your feelings don't be greedy and don't be afraid. for example when a coin rises 30% -40% it is the right time to sell and take advantage of that 40%. and then invest again. don't delay selling in the hope that the coin will rise higher. this is called greedy. |
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I think Facebook will continue with this project. because Facebook is a large company that is worldwide and has 2 billion users. Facebook will not back down they will continue with the Libra project. although companies that support libra are reduced. Facebook still has the support of several companies such as Uber and PayU. we wait whether facebook will successfully launch libra in 2020?
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I never thought that bitcoin would collapse in the future. precisely in the future bitcoin will be increasingly developed and known to many people. I am optimistic because since bitcoin was launched until now the number of users is always increasing every year and bitcoin also already has a large trading volume. and every year I hear that there are companies or industries that adopt blockchain technology. this all proves that bitcoin will continue to grow. and its value will rise again because the number of bitcoins left is getting smaller while the demand is increasing.
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even though the data is not accurate yet I believe it. in the bitcoin community there are definitely more men than women. because I think women don't really like technology. they only use technology for things that are not too important like taking pictures and chatting on social networks. whereas a man is very proud if he successfully hacked a computer. and most bitcoin investors are definitely men. very rarely there are women who want to invest in cryptocurrency. they are afraid their money will disappear. women don't like challenges especially those related to money.
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I think we can not guess and predict the future of what will be like? for now only bitcoin adoption has not been evenly distributed throughout the world. and there are still many people who don't understand bitcoin and cryptocurrency. so to adopt bitcoin as a payment tool worldwide still requires quite a long time maybe 5 to 10 years. so I can't think of what money will circulate after cryptocurrency. instead of thinking about this we better think of how to improve our cryptocurrency.
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hi guys do u prefer short or long term investing in crypto i prefer short term only i just buying a coin for ex at 20 and sold at 21 or buy at 60 sold 61 in the same day i don't like long term investing because it take too long and finally that coin can fall even peoples who bought ETH at 0.03 or more they are in big lost now and even BNB some peoples bought at 0.003 or even 0.004 i know that some coins can raise in the future but i don't think we have to hold coins for yeras when u can make in this periode thousands of dollars in short term investments i remember when i make 1700$ in hours with NLC2 its a shit coin true with price of 20 sat now but i don't care because i didn't hold it i just checked its chart and i found it falling to 800 sat and raising to 900 in seconds so i bought it many times at 800 and i sold it 900 and i make 1700$ i less then two hours  what i want to say is why u holding coins for a year when u can make at least 25 - 50$ in a day with only 0.15 - 0.20 BTC this means 50*365=18250$ I like you prefer to make short-term investments. because we don't need to wait too long to make a profit. even though the profits derived from short-term investments are small. but if collected continuously will be a lot. I usually use altcoin for short-term investments. for bitcoin I prefer to use long-term investment. because the increase in bitcoin usually takes a long time. |
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