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Best tip on saving money is always follow the lists of what are the things that you really need and don't buy the things that you just want because it is a very worst move if you do that because it will just bring you to the place where you will become poor and you will be just broke for a very long time, if you will just buy the things that you need then you will be good on saving money.
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I think this is a lie because bitcoin doesn't have standards for the religion and bitcoin doesn't care if you are a muslim, a catholic and so on and so forth. Bitcoin is for all of the people in this world and we should not agree if we will see some people or organization that will encourage others to forbids bitcoin for muslims or even other type of opportunity because opportunities doesn't care to the religion, age, financial status and so on.
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Altcoin doesn't die just because bitcoin die, altcoin have their own life and they have their own blockchain to rely on and their pair in the market is not only bitcoin but also USDT and other type of altcoins so it is not a problem for the altcoins if bitcoin dies because they can still rely on the other things rather than bitcoin.
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I observed that more country in the Asia are the one who are accepting bitcoin and trying to use it as a way of making profit. Philippines is one of the third world country but it is still trying to make some moves by accepting bitcoin and embracing this new technology that can either help them to improve their economy or ruin their economy because it depends on how they will use it.
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There is no such thing as safe trading method because all of the method or strategy that you will be using in trading is not safe since the market is volatile so it might not work like you expected. Trading needs a lot of method in order for you to combine them all and produce a better type of idea that you are going to use to make profits.
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It is a form of being a source of income for me so it is a complete opportunity for me since i don't need to work outside from my house because i can stay in my room and work there for a few hours and expect some return after a few days. I love trading using bitcoin and i also do some extra work here in our forum to gain additional capital.
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If i will panic then i will not panic for negative because i only do panic when it is for positive things like in bitcoin right now that the price is low then i will not panic to sell my bitcoin but i will do panic to buy bitcoin because the price is so cheap and it is a lot cheaper compare to the price last few months so it is a great deal for me to buy some bitcoin for hoarding.
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If the people will stop buying bitcoin then there will be no demand that will support the price to stay at the certain price point and it will just make the market goes red because people will just sell their bitcoin before the whole population of people stop buying bitcoin because they don't want to lose their profit in bitcoin.
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If you don't like day trading then don't do day trading and you can try other type of trading and one of the easiest type of trading is swing trading where you just need to buy a coin that is low price but have a potential and hold it for weeks and sell if your target price is reached so you can easily secured your profit.
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Trading bitcoin is the good way for me to make money because you can easily make money or fast money with trading because if you will trade then you will have a good chance to be aware of the thing that is happening in the market and you can take advantage from that thing by trading it like buying low and selling high to make easy profits.
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Bitcoin is not yet recovering in my opinion because if bitcoin is recovering then it should be already more than 10,000 usd but as we can see that the price of bitcoin is still lower than that so for me, bitcoin is still not recovering and still undergoing from a bear market and i hope that the price should go 10,000 usd or more in the next couple of months.
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I will be happier if the price of bitcoin will go even more deeper than 6k usd because i want a lower price than that because i want to get more bitcoin and since i have a limited amount of fiat then i will be careful with spending it to bitcoin so i want low as possible for bitcoin so i can get in and be a long term investor.
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There are possibilities that the price of bitcoin might go up to 10-12 thousand dollars and will have a dump after that because of the strong bearish trend that we have here in our market and i think it will need another few years before we can see that the price of bitcoin is moving up again because this is what happened in bitcoin a few years ago too.
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Yes, I am really wondering about what is happening with bitcoin and what is up with the price dumps in the market of bitcoin and i realized that it is just the result of the FUDs about bitcoin because it is all over the internet and i know that this is not forever so i will not sell any of my coins and i will just keep holding them and buy some cheap altcoins out there.
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I don't think that ethereum can beat bitcoin because bitcoin is so powerful and it got a huge community and a lot of supporters from the different parts of the world which is enough to sustain the life of bitcoin for a very long years. In the future, we can see bitcoin that is still in the top 1 but i don't think with ethereum if it will still remain for being top 2.
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Invest now, there is a lot of cryptocurrencies that have a good rate for you to get in and it is a good deal for me to just get into the cryptocurrencies while they are cheap because once they will get to the top again and start mooning then you will be start regretting and blaming yourself so if you want to avoid that then just invest now.
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I think you don't have to back off, just do it all. The problem of winning or losing is a risk, because all activities must have risks. If you stop it will not get any income at all. Make this bitcoin work an additional job to add some of your savings.
That is a good suggestion to just do the things both at the same time because it is even better to just do both because you will be having a two sources of income which is the best for you because you can get more money and that money can be putted into savings or you can just use it to grow your other businesses. |
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It really depends on how you want to manage the risk of investing, if you want a moderate risk in investing into cryptocurrencies then for me, it is better if you will just invest into the top 5 of the cryptocurrency overall market so you will not have a lot of headaches of something goes wrong.
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I'm a complete newbie but I am eager to learn how to trade and make some good profits can anyone help me so that I won't make many mistakes in trading? Any Tips?
What you need to learn for trading is to search first on your target coins and don't rush in to invest your money. Learning about the coin is good because you will have an idea on what is their project. Just don't panic when you see the price come down. Don't sell quickly and try to understand the trend of the market and if you think it's time to sell then sell immediately to cut losses. You need to have a very big patience in trading if you want to succeed. Don't research for the first coin target because it is better if you will try to do some research on how to analyze the chart because if you know how to analyze the chart then there is no problem for you in choosing the coin to trade despite of its name, price or trend because if you know how to interpret the language of the market then you are in a good position to trade. |
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I think that they can survive because they are not depending on the market of bitcoin because they have their own type of market and community that can help them in order to make their price goes up. The other coins are created by their own developers and they are getting demand from their own supporters so they can easily survive.
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