Well I'm not worrying, because I don't doubt Bitcoin, I believe that it will rise again, that's the same process, it goes up and there will be a sudden fall, it's expected. Right now, it's a battle of patience, the first one to panic sell will experience a big loss. I think it's better if you just hold. And yes, the fall is just temporary, it's not like it will always fall. So it'll be fine, it's still early to mourn.
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I'll try to convince them, and also I'll also try to educate them about Bitcoin. I'll tell them the process and how I earn. For me, it's not illegal, it's just a coin to invest with, which is much safer than other investment, probably they'll be curious if I tell them that you can earn a lot in Bitcoin than any other investments.
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Well, you can't make a passive income with trading, because Bitcoin is volatile, especially this 2018. It's really hard to predict the market, so you can't make a passive income. If you initiate into trading, you should expect some loss, because everyday, the fluctuation of price occurs, so it's really expected to have some loss.
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A nice opportunity for huge profits usually unfolds soon after a crash, that is the case with cryptocurrency right now.
I agree, nice opportunity comes after the crash. And also it's impossible for us to expect gains to come always, ofcourse loss is a part of gains, if there are gains, expect that there are losses too. For me, big losses are challenge for us, it will give us a hard time, but it will also give us experience and knowledge that we can apply next time.
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it is true that bitcoin requires drivers to achieve good goals but it all depends on us how to drive it with a positive goal or vice versa because we as drivers will lead to a good place and of course useful for everyone.
Agree, I like the concept, it's true that to earn or to run an investment towards Bitcoin, there should be a user or a driver, and yes, it depends on the drive whether it'll go in the right path or the wrong one. And also, I believe that to be a good driver, you must experience some crashes first, which is the same to Bitcoin.
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In my opinion, it's because it's still recovering from its recent loss. As we can see in the market, there's still a lot of loss, because there's still some faults even though it's endorsed worldwide, some countries banned it, and a lot of users are selling because Bitcoin is still very volatile.
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In my opinion, it'll go long term by raising its popularity world wide, just like advertising and opening Bitcoin ATM in the world, with that it'll spread more. We all know that the price is based on the demand, so as long as there's users/investors Crypto will keep on going, and I think that it'll be for long term, because a lot of people are attracted to its price.
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It's a relief for us who invested in Bitcoin when it was a bit high, I hope that it will more than what it is right now so we can have some profit and gains. Though we can't say that it'll go consistently, it's expected that there will be some fall. It's great, because the bounce back of the price is really big, from $5,000 - $8,000 again, now we just need to wait, hopefully the price should increase more.
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There have always been, are and will be such people. And in any case. These are alarmists. They may have expected bitcoin to grow only upwards and didn't expect it to fall a few pips down. These conversations about the fact that bitcoin is dead and so on I've heard about six months already. And they will continue because people want price stability but they were in the wrong place and don't quite understand how the crypto market works.
Indeed, people like that are alarmist. A lot of people sell their Bitcoin when the price gradually decreases, and continued until it became low. I think they forget Bitcoin because they lose hope, and also they're just new so we can't really blame them, they might've bought Bitcoin when it's $20,000, and started believing that it'll go any further, so yeah they're in the wrong place, they didn't research first they just invested without any knowledge.
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We don't need to worry about this, it always happen, and it's never like that it will always go down for a long time, it'll definitely bounce back. If you really want to earn, you don't need to be alerted by just a small loss, you need to keep your patience so you can earn some profit.
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If to get big and fast gain then I choose cryptocurrency. Because with cryptocurrency we can get bigger clutch than stock market. However, cryptocurrency is at risk and it needs to be considered before you invest. So choose what you think is good
In my opinion, I'll rather choose Cryptocurrencies than Stock Markets, because in Crypto you can earn a lot of profit, and also you can see the movement of the price in the market, and also you're the one who's handling your own money, which means you're responsible for the loss that you'll make, unlike in Stock Markets, you can't see the movement of the price and the profit is terribly slow, and still there's a risk. There's also a risk in Crypto, but the gains are huge and it's really legit.
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For me, since bitcoin is volatile, every time is the right time to buy and sell, it depends on you, if you want to buy or to sell. You just need to predict the price if you're gonna buy, so you can have some profit and you can avoid some losses. If you buy while the price is high, I think you should so you can't have any losses from your capital.
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No market is perfect, in fact, the more knowledge and knowledge of each other will win, no one who knows nothing to invest and become rich, that is just lucky. .
I agree, no market is perfect, every market have flaws. And yes if you'll research and educate yourself about trading, your chance of being successful will increase. Let's be honest that even though you know a lot, there's still loss, because it's inevitable. I also agree that no one will be rich and will be successful if you don't know how trading and works, there's no an easy way in everything.
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If this is legit, then it's a great news, it means that bitcoin is dominating a lot of countries, it is possible that Kenya might influence its neighborhood which is also a good news. If it's legit, then we should expect some increase of price in the market.
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Goldman Sachs: Bitcoin can be useful for a troubled economyAccording to the report of Goldman Sachs, Bitcoin and other crypto-currencies can be a good alternative to the national currency for countries with an unstable economy. Analysts at Goldman Sachs Zack Pandle and Charles Himmelberg said that digital currencies and, in particular, Bitcoin, can become a viable means of payment in countries where traditional money is not sufficiently provided. Goldman Sachs experts: crypto-currencies can help the troubled economy
Yes , bitcoins can be helpful for troubled economy because the volatility of the market can be used in order for the government to take advantage of the market situation, government and people will both profit in the market. I agree, the government in a troubled country can take advantage of the volatility of bitcoin, they just need to promote, advertise, and legalize bitcoin. It may boost the troubled country economy, and it's great because the government and people will profit both.
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It's clear that bitcoin is not a scam. Every investment has risk on it, so it just depend on how lucky or strategic you are. For me, bitcoin is a lot better than any other investment because you can monitor the market and you can handle your money, you can decide also if you want to invest or withdraw, unlike any other investment where you can't see how your money moves.
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#JOIN
Bitcointalk username: Zemomtum Forum rank: Full Member Posts count: 189 ETH address: 0xFBE921fC15C8473d4d80657d418B1e02b691E22E
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If any country wants to manage bitcoin bitcoin may be better in the future and bitcoin is also growing, and if all countries want to manage bitcoin will be better and more and more bitcoin users in all countries
I think the main benefit will be the polarity of Bitcoin in the world. Because still not so many people know about it and use it. bitcoin still needs ambassadors who will inform the population of the earth that new technologies and new opportunities are ahead. and that the rise in the stone age is always possible, but there people will come with new thoughts about life. The benefit is you can manage or control your bitcoin, I mean you can do whatever you think what is right , sometimes there are conflicts in choosing what is right and what is wrong in trading.
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Bounty campaigns are not wastage of time at all. If you can take your time to cherry pick the right campaign, you won't consider it a time wastage. It only becomes a wastage of time when you succeeded in doing the wrong bounty campaign.
i know wheete this hatred comes from and I cannot blame people saying that it is just a waste of time because sometimes it is and sometimes it's noy, although thete are people eho says that you should study if a coin is truly legit of not , but still it is really hard to know if it is legit or will eventually turn into scam , all I can say is it all will be based on luck.
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When you do simple bounty, sometimes you don't really get into reading whitepaper.When you are really involved into the project, you focus on everything.Usually if you don't like white paper, try to watch videos or look into FAQ.
I actually does not read white paper before because I did not see the importance of it because I haven't bought a pre ico of a coin, but now that I do bounty and I also buys a pre ico tokens I learned that it is important to read white papers because you will see hete what company it is and you will have a better understading on a coin where you will going to invest
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