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261
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Economy / Trading Discussion / Re: Do we need to have a stop loss if we are 100% positive about a trade?
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on: December 15, 2023, 08:52:39 PM
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It's always recommended to use stop loss when you've got active trades even if you are 100% positive of the trade, why? because you are unsure of the market and it's 100% unpredictable. But if you have been trading for so long and it didn't helped you out and you have other strategies that works well to you without the use of stop loss, then forget about it and just stay to the typical strategy that you've been used to. There's no need for you to go along with stop loss, I hope that I can be like you though.  |
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262
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Economy / Economics / Re: Learn to use DEBT in a proper way to create asset
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on: December 15, 2023, 07:45:33 PM
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I always get to see this topic being discussed by many content creators that are into finance and I find them helpful especially for topics that many people don't understand like this. * Bad debt: This is what makes a person suffer, because it is the things that give us liabilities or the ones that decrease in value, such as gadgets and cars. And the common problem with these loans is that you will pay them with high interest.
There is a common denominator for most people especially this holiday season. A gift should be given to someone because it is a norm during this time but I don't do it anymore because I have to take care of myself as well. These gifts, gadgets and other depreciating things must only be bought if you need them, no one stops you from buying these things but make sure that you need them and you thought of it for so many times before purchasing. * Good debt: this is the type of debt that will make a person rich. Or else you will also earn money because, instead of using it for your needs, you will use it to build an asset. Which, if you handle it properly, can give you extra income.
It's easy to say about using good debts but someone may have the intention of having good debt but may fail into establishing the business that's mostly for expansion. Don't get into debt as for me, it is better. |
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263
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Local / Pamilihan / Re: Binance ibaban sa Pilipinas?
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on: December 15, 2023, 03:22:25 AM
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Wala din palang lusot yung ibang mga exchanges na hindi nagcomply sa license at registration nila sa local government natin o mainly sa SEC. Bakit naman biglang ganito yung SEC, sobrang tagal na nangyayari ito tapos ngayon lang sila magbibigay ng action sa mga exchanges. Ang dami ko tuloy nakikitang mga crypto content creator na nagsasuggest kung anong next na magandang exchange na replacement sa Binance. Tapos itong si Pdax naman naga advertise na sa mga media kaya parang pana panahon lang din ata itong mga exchanges na ito. |
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264
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Economy / Services / Re: This method of earning allows you to earn $1000 a day or more
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on: December 14, 2023, 08:30:55 PM
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this scheme allows you to earn +40% of your deposit per day, fashionable and more
You must be rich then. You don't need to teach this to anyone here because you can apply that to yourself and be rich in your own accord. Why would someone knows how to earn $1k per day will be on this forum and have that 40% of profit daily told to a random guy over the internet? I think you are a good guy sent by someone out there in the wilderness. Anyway, enough with the sarcasm but go get a life OP and stop scamming people. |
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265
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Economy / Economics / Re: One of the biggest problem in our society is that average person don't have
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on: December 14, 2023, 06:48:19 PM
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Not a problem for cryptocurrencies and most governments have their own programs to give capital flows to people. But, just like the banks and the governments, they just can't give it away without properly screening, standards and requirements to the people that who wants it. Not everyone can afford to take it and even if they desire to have one and apply for it, if they're not even reaching the standards and requirements, why should they given that? It's not a problem of society, what's the problem of society now is they want to take anything that they can't even afford.
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266
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Local / Pilipinas / Re: Bitcoin tumuntong na sa $41k+!
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on: December 14, 2023, 12:03:03 PM
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Yon nga lang eh napakataas naman ng fee now  Buti nakapaglabas agad ako nung medyo mababa pa ang fee at now eh kampante na akong masabing waiting nalang ako bumili pag bumagsak ang price kasi eto ang chance na magdodoble or mas tataas pa ang holding ko para sa Susunod na ATH . at tama ka , magandang pamasko sating lahat to lalo na at kagagaling lang natin sa masalimuot na mga okasyon , dahil sa pandemic so now palang talaga tayo makakabawi . Grabe fee ngayon. Kakacheck ko lang at nag aakala na baka mababa na pero sobrang taas pa rin pala. $11 na equivalent kung gusto mo high priority pero parang wala pa ring kasiguraduhan kapag ganyan kasi nga mataas pa rin at baka mas lalo pang tumaas pag nagkataon. Timingan lang din kapag bumaba ang fee, transact lang agad kasi hindi natin alam kung bababa pa ba siya lalo na at lagpas na sa $41k yung presyo niya sa ngayon. |
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267
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Economy / Speculation / Re: Will we see repeat of 2017 or new trend?
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on: December 13, 2023, 10:04:02 PM
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If IIRC, the cycle goes on and the same pattern will happen. That means that by December 2025 is the one that we're waiting for the highest reach and peak of the bull run. Our basis is the past bull run that came from 2017 and then will be followed by the bearish run, right? And that might get activated on 2026 and so on. These are all speculations and it's still best to just keep on track with the market so you do you what actions must be taken whether you're all in profit or more accumulation.
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268
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Economy / Trading Discussion / Re: future and option
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on: December 13, 2023, 07:52:50 PM
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Hii everyone,i have gone through multiple crypto future and option courses but didn't understand much. So i just wanted to know is there any good and detailed crypto future and option trading course available for free of cost. If yes, just provide me link of that course.
I guess those courses that you've gone through are also the ones that you can get freely from the internet. Aside from the given guides, there can be this guide which said to be the ultimate[1] one made by Binance and hopefully it helps you out to trade in futures. But as a newbie, you shouldn't trade yet on futures if you're still new but then, how can you learn if you're not going to do that, right? [1] https://www.binance.com/en/blog/futures/the-ultimate-guide-to-trading-on-binance-futures-8534557745009080271 |
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269
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Bitcoin / Bitcoin Discussion / Re: You must have a source
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on: December 13, 2023, 02:10:43 PM
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Typically I am one of those people that have hold and sold when I needed money because I don't have other source of income neither a saving. OP is right about that. You can't focus in holding if you can't even hold for a long time because your mindset is you've got something to pull off when you are in need of money. While technically, that's what we've been doing and there is nothing wrong with that. But if you want to survive on this market with a longer term of goal, then it is a must that you shouldn't touch yet your holdings and keep it as is until the right time comes.
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270
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Economy / Economics / Re: Which do you prefer
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on: December 13, 2023, 12:11:16 PM
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As we grow older, we want stability and that's why no doubt that many are going to choose that stable monthly income from whatever you do. But this time, it's no longer that stability that people want but freedom. The era is changing and owning a business may be hectic at the beginning if you are still on establishing part but once it's already established, it will run on its own and having people will make you earn money without the need for you to allot a lot of time then that goes the tenfolds of profits and at the same time freedom to do anything you want anytime.
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271
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Local / Pamilihan / Re: METAMASK - TUMATANGGAP NA NG GCASH
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on: December 13, 2023, 12:08:00 AM
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Salamat kabayan. May bago din akong natutunan at may bagong choice nanaman ulit para sa mga pwede natin pagbentahan. Basta talaga supprtado mga apps na typical na ginagamit natin ay goods na goods.
Walang anuman mga kababayan kong cryptonians. Pero sana mas marami rin mga off-ramp services na suportado mga PH-based banks at e-wallets kagaya ni Stables Wallet. At saka since lahat ng deposits automatic convert to USDC Polygon, pwede rin tayo mag send from Stables to any centralized or decentralized crypto wallet supporting USDC Polygon. Buti na lang na introduce sa akin ito ng colleague ko as an alternative to Binance P2P at iba pang P2P platforms. Hindi na ako mag worry kahit gaano pa kaliit ang pwede ko i withdraw dito from Stables to any PH-based banks and e-wallets. Easy talaga ang interface at saka newbie friendly. And yes, malaking bagay ito talaga sa ating lahat lalo na Binance's days are numbered na. Yun nga, mas maganda maraming mga ganyang services tapos supported lahat ng mga banks or apps na ginagamit natin. Kalimutan na muna yung mga defeated purposes about crypto/fiat/banks kasi ang mahalaga dito yung way ng withdrawal natin. Yan naman talaga ang tinitignan ng karamihan bago mag venture sa crypto kung may way ba sila para mawithdraw ito at ma turn into cash. Tinitignan ko na siya at ia-add ko na din sa mga options ko para sa withdrawal. Ang tanong ko lang ay kung meron naman bang nakatry bumili sa metamask dahil sa udate na ito? Kamusta kaya ang fees. Kasi kung maalala ko lang itatransfer pa rin yung purchase mo sa wallet mo diba? ang concern ko lang ay kung mataas ang fees sa eth chain, matik na may kaltas na siguro yung purchased crypto mo. Halimbawa nalang kay Ethereum.
Yes, si @robelneo sinubukan na bumili at mas mababa at mas mabilis ang process dahil direct na siya sa metamask, unlike kung dadaan kapa sa exchange gaya ng binance then gagawa ka ng withdrawal process (with minimum amount and transfer time). Though mabilis lang din naman yun, pero kung dito sa metamask ka didirecho ay instant naman ang pag buy. Kung ibang network naman ang bibilhin, eth or matic, pwede din direct. Same process lang basta wag kakalimutan magpalit ng network bago piliin ang buy option. Nag transact ako isang oras lang ang nakakaraan at lahat ng imformation na provided ni DabsPoorVersion ay tama lahat meron syang KYC full name, cell number, verification na tama yung cell at address lang ang need na i fill up no need pa ng screenshot ng ID mabilis lang sya ang ginamit ko ay Gcash parang normal buying using Gcash lang inabot lang siguro ako ng 5 minutes at instant sya ang need ko lang ay 1000 pesos worth of Eth pero nag minimum order na lang ako.
Salamat kabayan, mas okay na pala siya. Kasi iba yung iniisip ko na baka nga dadaan pa sa exchanges. Ibig sabihin si metamask na talaga mismo ang nag integrate nito at baka mas madami pang mga features ang ma-add sa kanya sa mga dadating na panahon at maging exchange na din siya mismo tapos supported pa maraming chain aside kay ethereum. |
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272
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Economy / Speculation / Re: High transaction fees affects those who DCA
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on: December 12, 2023, 10:02:24 PM
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High-fee transactions not only affect people who are DCA-ing their way into accumulating BTC. This also affects merchants that have Bitcoin as a mode of payment. Anyone who uses Bitcoin as a medium of exchange is greatly affected by this surging transaction fees.
Some merchants due to these high fees even disable their BTC payment option and use other forms of cryptocurrency that have a smaller fee. If this continues, the Bitcoin market may find itself plummeting because of pulling out of demand and funds moving elsewhere.
There are some possible solutions that they can make so that they can keep on receiving BTC payments. There will be some exchange that they prefer to have for off chain transactions to happen and that's an instant and fee less method but not all customers have these funds on their exchanges but in fairness to these merchants, if they have these options they are still continuing to accept this payment option and won't disable it due to the fees. We're all just trying to survive and with any situation in the market even if the fees are that much, we're looking for the best options to make. |
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273
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Economy / Economics / Re: We need higher wages off course but goverment need to do one thing
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on: December 12, 2023, 09:01:04 PM
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When they dictate the prices, there is no longer democracy on it but that's just like those countries that have dictatorship and are socialists. However, it's true that they can do something with the prices of these goods and even with the salaries but are they going to get that easy? No. It's because that there are factors that they can't stop due to the global arrangement and setting of these things that they can't just change easily. Oil, transportation and etc. these are the examples of it. Also the wages hike depends on inflation rates and actual revenue of the government which fluctuates still.
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274
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Economy / Trading Discussion / Re: FOMO of bull market
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on: December 12, 2023, 11:53:56 AM
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So, I longed chainlink yesterday, with 10x leverage as market appeared so good. Now, there has been dump and my position got liquidated.
I usually go with 2-4x leverage, and that gives me safer liquidation price however this time I went with 10x leverage, as I thought bulls have arrived, and it's only up from here, and you see how wrong that turned out.
Still monitor your leverages because the market is tricky. While the emotions are high, don't go along with the other traders that are putting a lot of leverage. 10x of leverage is already a lot and you have probably just caught off guard because you thought that the bulls have arrived already but not yet. Take whatever lesson you want. For me, it's to stick with 2-4x leverage with which I tend to do good, don't allow greed to enter.
Yes, this is a safer approach if someone's just want a safe leveraging although leverage is not safe at all so I should mean by that with a lesser risk approach and tolerance. |
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275
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Local / Pamilihan / Re: METAMASK - TUMATANGGAP NA NG GCASH
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on: December 12, 2023, 07:20:47 AM
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Mas madali na mag DCA kapag may mga supporting wallets at apps na based dito sa atin. Ang tanong ko lang ay kung meron naman bang nakatry bumili sa metamask dahil sa udate na ito? Kamusta kaya ang fees. Kasi kung maalala ko lang itatransfer pa rin yung purchase mo sa wallet mo diba? ang concern ko lang ay kung mataas ang fees sa eth chain, matik na may kaltas na siguro yung purchased crypto mo. Halimbawa nalang kay Ethereum. When it comes naman po sa selling, gumamit ako now ng Stables Wallet. Download nyo lang sa Google Play Store. Bale off-ramp service ito from crypto to fiat. Dito na ako nag transfer a few weeks bago nag announce si SEC PH na i block na si Binance dito sa Pilipinas. Link here: https://play.google.com/store/apps/details?id=money.stables&hl=en&gl=USSo far so good talaga na wala siyang malaking minimum para mag withdraw unlike sa Binance P2P na tig P1k, P5k, P10k, P20k, etc., pati ang fees okay na rin. Itong app kasi supported nya ang countries like Australia at Philippines para mag off-ramp. Lahat ng stablecoins from supported chains ma auto convert siya to USDC Polygon sa iyong Stables Wallet. At mag withdraw dami din option like GCash, Maya, GrabPay, PalawanPay, Coins, etc., at even banks mismo. Nag try na ko withdraw a few times na and so far walang mintis talaga. Sometimes can take 30 minutes to an hour. Pero minsan meron din several hours depende rin kung ano oras ka nag request cashout. Sa akin kasi pag day time mas madali ang waiting time unlike sa gabi matagal at most likely ma credit siya on the next day. Salamat kabayan. May bago din akong natutunan at may bagong choice nanaman ulit para sa mga pwede natin pagbentahan. Basta talaga supprtado mga apps na typical na ginagamit natin ay goods na goods. |
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276
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Economy / Gambling / Re: are bookies fortunejack.com & rollbit.com trustworthy with larger amounts ?
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on: December 12, 2023, 05:16:15 AM
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I have never withdrawn that much with any bookies but IMHO, fortunejack is one of the oldest and trusted casinos that I have seen. I was even part of their older version of campaign that ran for a very long time and even until now, they still run one. But setting aside discussions about their campaigns and budgets, if you'll be entrusting them with that amount or you win that much big. I have not seen a lot of complains about their withdrawals and deposits there. Whilst for Rollbit, it's not just now they're known as a casino, they also have their RLB or rollbit coin that has to reflect with their casino activities. Either of the two are good and again this is IMO, you should have no problems with them but KYC might be enforced and there might be some other type of treatment with users that have larger funds on their accounts.
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277
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Economy / Trading Discussion / Re: Trading
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on: December 11, 2023, 06:31:18 PM
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Trading is:
80% Psychology
10% Risk Control
10% Execution
It can be rumble percentages from different factors and it varies from each trader. Your might have a good trading system,yet not be a profitable trader,to be a successful trader goes beyond drawing lines on your screen or a few indicators.
I agree, it has to appear with your results that you actually have a good strategy. Because if it doesn't manifest as good results into profits then those are just strategies that need to talk about but if the results are visible and you're a profitable trader, that is the actual goal of most traders. Work on yourself consistently and intentionally first and the rest comes easy!
Everyone is trading for one intention and that's to make profit, that's all. No one gets into trading just because he likes it but that's the sole purpose. |
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278
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Economy / Speculation / Re: Is Bitcoin Bear Market over?
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on: December 11, 2023, 04:16:44 PM
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There was a flash crash that happened a few hours ago and that probably had made people think that we're again in the bear market. No, we're probably truly over with the bear market and done with it.
There have been many such drops this year, but bitcoin still has an uptrend. Yup, taking a look back for the month of January this year and looking at the current price now. You'll realize that we're just getting started and we're not yet at the top of it. Too much of things happened but still this year ended well, may not be the peak and expectation of many but still a good ending no doubt. The global bear market is over for bitcoin in early 2023. There will be a halving next year which will make bitcoin continue to rise.
And aside from halving which is the main thing that we have for Bitcoin on 2024, do not forget about the several Bitcoin ETF applications that have been made and likely as they say have high chance of approval. |
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279
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Economy / Speculation / Re: Is Bitcoin Bear Market over?
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on: December 11, 2023, 01:14:27 PM
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There was a flash crash that happened a few hours ago and that probably had made people think that we're again in the bear market. No, we're probably truly over with the bear market and done with it. There are several FUD and News appearing simultaneously, making the price unstable.
But it is clear that Bitcoin going forward is quite positive and clear, because the halving is about to happen.
It is expected that there will be several of them when it seems so stable currently. But then, even with those, the market will remain to be stable and hard to remove on the line of being bullish. We're likely on the small points of the bull run already until it crosses the date of halving and we only have to be patient while waiting for the actual confirmation of it. |
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280
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Bitcoin / Bitcoin Discussion / Re: The risk and reward of having Bitcoin
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on: December 11, 2023, 11:15:20 AM
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disadvantage of having it
Most of these are typically the normal disadvantages but they're not so bad at all. I'll give my thoughts each of them. *The high volatility attach to it can be very risky.
It's 50/50 on this. The volatility of Bitcoin gives us the reason to hold it for so long because of how it fluctuates, without such, I don't think people will hold it. * It's not generally accepted by all.
Not yet.* It can be stolen if your system is hacked.
We all should be accountable for anything bad happens to our computers and wallets. A penetration won't actually happen if you don't do anything with your PC or wallet. Unless you download something malicious, there's no way a hacker will find and penetrate to your system. * It's almost near impossible to retrieve if sent to the wrong address.
It's actually impossible to retrieve it unless the receiver sends it back. But here me out, how are you going to send it to the wrong address if there are too many characters consists per wallet address. The only way to make this happen is when you copy a wrong address and become a victim of a copy paste malware. |
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