I believe in bitcoin technology, I believe bitcoin has provided many benefits to every user. but I'm not sure bitcoin is able to surpass the performance of traditional currencies, because bitcoin still has some shortcomings such as fluctuating prices, expensive transaction fees, not all countries accept its presence, and there are still others. don't compare bitcoin with traditional payment methods anymore, let them walk side by side, because they have advantages and disadvantages of each.
They can surpass it terms of conveniency, in my country mobile banking, over the Counter banking and bills payment were too hard to do due to limited stafs or counter that took long lane before you will be accommodated. Unlike in crypto it's on our hands. The only needed first is the proper application that will allow typical stores to accept btc, a portal or wallet app will do. |
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I think the biggest issue that new traders face to is FOMO on pump/dump. Most of news trader can not decide to buy or sell when market sideway and they only open new order when pump/dump happen. This may lead those traders into a trap and they have to cutloss all the time. Keep losing or cutloss will knockout most of new traders, then they finally trading like gambling.
Whenever it happens in me, I just think that I'm really decided to buy or sell it. When I set goal then it was reach, BTW I only set amount that can only be reach depending on time I wanted sometimes a week, and I try not to be greedy again. Though there were times I half what I aimed to withdraw or to sell. |
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I am not sure if you can borrow money online, but you can borrow money from offline. You can try to borrow money from your friends or your families. But I think you don't have to borrow for more $860 according to bitcoin price now, but you can reduce the money to start trading, especially if you don't have good skills in trading. You can earn 0.1 btc from altcoin, but you should have the altcoin, and you need to sell at a higher price.
I think you need to work on your offline first so you can get that money to start crypto trading. But it is not easy to do trading because you need to learn to trade, and you will need to until you can understand about trading.
Loan is applicable here in forum but not with OPs account as it needs to have collateral or atleast be a trusted member here. It will take time before he will be able to get from bounties due to his rank. There is a need for real job to earn and jsut use it to start trading, make sure to be knowledgeable in trading thou. |
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of course the best time to buy bitcoin is when bitcoin goes down. few days bitcoin has decreased and I predict maybe bitcoin will go down again to the price of $ 8k. maybe this chinese new year moment is affecting the price of bitcoin to go down. but if fear of the value of bitcoin goes up soon then buying now is the right decision. and I think the value of bitcoin is quite low at $ 8.3k when compared to $ 9k.
I's always good to invest in bitcoin as long as we have the budget some where to discipline that they make it a habbit to invest weekly of monthly. Some says they still able to gain profit by doing it . There is a thread that discuss it how they do it in 2019 |
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I think that ETH will be in the bear market all 2020 year, but it is also possible that changes in its price may begin after a successful transition to POS. many people now do not believe that the transition to a new mining algorithm is a good idea, but I think that if the ETH team will do everything right, then later people will understand why this is necessary and will actively buy ETH.
It's hard to determine it yet whether it will be successful as some fears change especially in top altcoins, but if it will be implemented correctly and will get praises from users then later on it may gain fruits that will be appreciated by many. Let's not just expect too much yet as we're still getting hard to get away from the bear market. |
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This is indeed a high risk, but a great initiative to start bitcoin adoption in your area so far. I haven't seen any moving cards with bitcoin QR or crypto on it, though, you have mentioned that your mom's wallet was already verified, this does mean that regulation in your area regarding cryptocurrency is quite good because they allow freedom of people to conduct business with crypto. I appreciate this and might try this out sometimes, but for now, I'll stick with selling prepaid loads to my friends.
It may open their idea in accepting crypto, but as really risk, to business owner you should also be aware on the volatility of the market. As much as possible have enough budget for the operating cost so when BTC drops at the moment you'll not sell it at low and simply wait. But if you just accept btc and then just convert it readily then it's no like other payment, those BTC paid should be a lot in your additional trading or investment. |
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Well it is not like 2017 anymore were shit tokens with no project was profitable, but now you can not make a good profit. No one will interested with your token. Don't be a scammer bro you just ruining the image of crypto.
After the 2017 ATH, we are able to see which projects are shut coin in a broad daylight and wide eyes. Remembering how my bounty rewards value lose before. So better not invest in shit Token. We should know to identify one so they might atleast give sense in their projects. |
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How many exchanges you know of that have too high withdrawal fee? I was shocked that Dcoin exchange wants 0.001 for any bitcoin withdrawal you want to make while other exchanges charges only 5000 Satoshi for bitcoin withdrawal, I was forces to exchange my bitcoin for litecoin before getting my coins out
I also do it in different exchanges, its better and cheaper than withdrawing using BTC. Changing XRP is a cheaper solution too. Just convert it in a wallet capable of converting it easily. |
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I don't have any fork coins in my Portfolio now. I do have some alt but I prefer to still go in BTC. As we know that some alts were arises also when BTC increases. As many altcoins already shut down or no improvement its really risky to invest with them. Like what Waves happened that still no big developments or news to atleast hype their project. So we need to be careful in investing long term.
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This can give some insights that cryptocurrency exist in a different way how stable coins perform. There is an option depending on how much risk they are able to take. A lesser risk or the risky one. And stable coins can be use as parking area when we need to think and rest in cryptocurrency volatility.
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There's nothing really weird about the Bakkt announcements though. It was a disappointment, yes, it's initial launch didn't bring about the results that most of us expected since the news was especially hyped by a tad bit too much, but most of us ( if not all ) acknowledged the ability of Bakkt to influence the market in the long run. It breaking all time highest in trading volumes isn't really anything new. Plus, it isn't really anything arranged of the sort, just that Bakkt was more used than other exchanges, that's it. Simple as that.
Soon bakkt can be a help. It maybe a dissapointment now but soon it may improve and have a good performance that may benefit the market. Regarding the 4 year interval of OP it may be coincidence but the market is volatile and it needs some growth which is happening now. |
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it seems like none of them or long-term holders do not hold that two coins bitcoin and ethereum, because both coins are the main focus when we want to choose to hold long-term. thus, i'm not so enthusiastic to hold for a long time when holding other crypto and i will only hold it for the mid term or even the short term
Those top alt are good to hold even in years just as long as we know how to monitor it and be determined of up to until how much we will let it up or down, since we can't control economic crisis so we need to be updated in new and whatever happenings in the market and alt we hold. |
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As a simple users we can do is secure all what we have, and learn more and improve your knowledge about crypto or everything around in crypto. for me, it is our first thing to prevent crime in crypto. or if we have friends that want to enter, better to educate them. we need to make a small move too, so that the crime will diminished and the rate of risking our funds will lessen.
Crime is hard to eliminate in these space so all we need is not to be a victim. We can't control their mind but we can control what we can do to prevent it. Secure and make sure that we are able to do necessary things we needed to not regret not securing our assets or accounts. |
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im really afraid of this kind of moves, since there is a probability of 50% 50% that it will be interopable with other cryptos or people will be forced to move their wealth from crypto to the centralized coin...
Maybe that's the plan, as their government want to monitor their assets to put taxes on them. And since we know how business minded they are. They will not allow that their earnings will gained other countries more than their own. It's a chance to monitor their peoples wealth. |
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Usually, I hold for 6 months, sometimes longer. Also, from time to time I can enter the market after 3-4 months of waiting. It depends.
I also hold my business for 6 months or 12 months Because I like to trade long-term because I find it annoying to trade every day When it comes to market conditions no one can say it always comes up with a name. That's why long-term trade is good. while it is considered good, make sure your investment is still active. Some altcoins tend to have no value now or some do changed their project or did exit scam. Unlike in stocks that companies were established and known, crypto is too volatile not just in price but also in the companies situation. |
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If you're new to crypto i would highly suggest to check Newscrypto.io School program. It guides you step by step, reading charts, chart patterns etc. All in one place.
Try to learn in some online courses offering trading masteral, even in YouTube there are some lecturer. It's too broad to discuss here, but by watching videos or enrolling you will understand the indicators, those candlesticks and lot more. It is needed to have knowledge in graph to trade well. |
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Funny how women ask for equality but when things get wrong they would use their gender to get more sympathy.
They are the one's who asked for it and they have a choice they could always stay at home and be a house wife if they want too,
They could also do a home base job if they want to spend more time at home there is always a way .
At this modern time all things men do can also be done by women in terms of job same with trading or in any market. We all have our choice. Same with women. Some women accelerates in their own way and can win over men. There just some people who are still using the gender to get advantage over things. |
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6 - Eternad Abangers na ko  |
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Trading with discipline, iyan ang importante.. Maganda din mga pinunto mo OP. Through experience mararanasan natin na ganun pala dapat, eto pala dapat until alam na talaga natin Kung san tayo palapak at Kung san tayo epektibo. Hanggat maari magreseach, magaral at maging disiplinado na pagaralan ang mga tintrade na alt at mga graph.
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