We still do not certainly know if Bitcoin will still be right here after decades from now. Although we are wanting it to stay forever, we cannot control the flow of events that might have a big effect on it for it to stay or begone for good. The important thing is what we currently have right now that we must cherish and nurture to the extent of what we can do. Do not focus too much on the future although we still have to get ourselves prepared for it.
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Having a long period of time needed to fulfill the needed confirmations for a certain transactions are normal depending on the amount of transactions that are being processed by the system to do be success but what the strange thing is that why does the OP having a big number of needed confirmation when commonly it just needs 1 confirmation to sometimes 4 based on my experience. If the exchange or site is proven to be a legible one, then you do not have to worry, maybe it is just a real thing that they are taking slow processing due to high volume having them a big number of confirmation.
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At times like this, many people are being tested on how tough they are to endure seeing the losses they have on their portfolios that sometimes includes Bitcoin as well. It tests many of us on what we are going to do at times like this where prices are slowly falling down and see those who have soft hands to sell early because they are afraid to experience loss and saving their money on the belief that they can reinvest again when the market recovers. It will be best to hold your Bitcoin as much as you can endure for it will be worth it. Even if you ask those people that have been too long with Bitcoin, they will say the same thing. Do not get afraid, it is just normal to experience down side. Just trust Bitcoin itself.
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Upon doing trading, you must be setting up your stop loss to somehow manage your funds not leaving you with total zero balance of massive loss because you haven't observe the market properly or it have gone the other way than you expected it to be. Traders usually do set this up in order to save them from a total loss upon doing trades. Hodling is good if you do not want hassle or risks to be taken but trading is other possible way of earning buy you must be aware to be dealing on risks and it is more likely to have losses than gains so setting up stop loss is essential.
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Since no one is actually or precisely sure if what is going to happen in the future of the coins that we have in our portfolios, many people are thinking thar holding is the safest way possible on taking profits since you are just waiting into a specific price range based on your assumptions and expectations on where you are going to take profits from those you are holding into. Unlike traders who are taking risks in order to take profits exploring the vast market on different possibilities on which mostly people fail on that line of crypto related work on earning profit. Either of the two is profitable but still it depends on your capacity on which you think best suits you.
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Non-Fungible Tokens (NFTs) have become very loud and popular in our country since last year and become a big boom earlier by this year due to recent success from early adaptors who have been into it more likely ever since 2017 as far as I have remembered upon talking with some people that have introduced it to me recently. The way people earn on NFT are commonly through play and earn on which people are earning tokens from such games and trade or sell trade tokens for a handy on money on exchanges or platforms connected to that NFT they are engaged with.
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Hodl when you are seeing that it have a great potential to grow in a long run and you are just waiting for it to make happen allowing time to make a way for it to nourish since many tokens are really starting from the bottom going to the top. Dump it when you are seeing or having an observation that after a span of time you have given it to grow is you are seeing that there is still no progress happening into it and that is the time you must dump or let go of it for good to explore other coins that are good and worthy of your time and effort.
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Features stated on the information provided by the team developer must be relevant to the goal and the aim why the project is conducted and it must not just too good to be true because there are recent cases that such projects are hard to believe making people to take avoidance or ignore such since many cases have been linked that such projects are scam ones and a waste of time and money for investment. Features must be establish in a sense that they can be applied on a real life scenario provided that they can be useful in the community and not just for some sort of money making business with no use.
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Market crash is a common scenario to be happening in this industry so you have nothing to be worried about since many of us have already experienced and survived those market crashes that brought up us into this current position we are having as of this moment. There is no need to get panic if you really do know your cryptocurrency tokens you hold and you have in your portfolio very well. Instead of thinking the negative obvious which is the loss, better have a positive outlook which is the possibility to acquire more at an affordable price and hold it until the market recovers from this crash.
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I will hodl into my crypto coins and funds that are in crypto once the time comes that I am really in need of money whether on digital form or in cash because the real reason why I am holding is because I am wanting to earn profit so that I can be able to use such funds when I needed it the most. Since I can still manage to handle my stuffs as of the moment, then I will still not going to cash out my funds and will just keep on acquiring and holding until I can.
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There is no such existing rule when it comes to Bitcoin prediction for those people are only stating their in sights and what they think of how they can be able to make deal with the Bitcoin market. Also, no one could actually predict what will happen or how things will turn out with regards to Bitcoin since it is highly volatile. Golden rules are only created by people for their own personal use or to influence other people to get into the same path like they do. It is up to you if you will follow it or make your own rules to follow.
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Happiness comes in different forms and sizes and the ones who can achieve happiness are not the ones who seek for it, but the ones who want it and will do anything for it. In the current modernized world we are currently in wherein people are living in materials surrounding us, money makes sense on making people happy because we can achieve almost anything and consider it to be our source of happiness. It still depends on the person if he will put it into his mind considering money as his source of happiness since there are people who still live happily even without money involved because they have another way of looking into what happiness means to them.
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Keeping yourself knowledgeable and aware of the market news will keep you with an edge on knowing the market situation and will already give you a hint on what you must do to be able to keep on surviving this highly volatile market. Setting up your stop loss will also help you to keep in control and manage your funds to prevent you from risking it all into nothing. Using technical analysis tools will also be a great help. But if you intend to observe and focus your time into pure trading and nothing else, strategies will come out into your head in accordance to what you are seeing with the market movement and be able to think what can be the best move to be done on such cases.
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Each and everyone of us has our goals being set to standardized or manage our crypto tokens once they have achieve such point to decide whether we will going to sell it or just hold it for a little longer. Actually knowing when to sell will be tough if you are aiming too high on which in most cases people get into greed wanting more that turns out not being able to sell at all due to reason that they expect more and the market turns dump that lets them miss the opportunity already. It can also be possible to see when to sell by doing technical analysis or even observation on the market but this will also vary on the user into which point he wanted to sell or still hold.
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Start from scratch then. Go start feeding yourself with knowledge first about cryptocurrency and how the market works for a couple of years ago you might be lacking of those that make you have a hard time dealing with your trading. Once done, you can start again doing trading from the bottom starting from a handy or small amount of capital and put it into the crypto that you think can make you earn profit to help you out fund yourself into varieties of crypto that is worthy for your time and effort to do trading. Equipping yourself with knowledge is the first and foremost that you must obtain before anything else to be able to survive.
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Sadly upon the transaction have been done even you have made it from a trusted exchange like Binance going to an unknown and turns out to be a scam or fraud exchange, things will not get back into what it have been before because the transaction is not a malicious intent for it is a problem regulated by the user himself and the exchange have just done its part on doing the transaction for you. This must raise to attention that before doing transactions, better get to know the exchange well for the fact that any transactions that is already done cannot already be undone, so be it.
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If you basically knowledgeable and have further understanding about Bitcoin itself, then you can easily have an answer into that inquiry of yours because having such can already make you understand how valuable Bitcoin is that is making many people wanting to acquire or possess even a small part of it or achieve a goal of having at least one whole piece of it for their own sake. Buying three Bitcoin will be worthy and that's for sure. Just be sure to have a good entrance for you be able to be gaining profit in the long run for there are still possibilities that it get dump after your purchase but knowing Bitcoin, it do always regain from loss and get back into possession
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Amateur traders do have some implications on the market but they are not that strong enough to dominate the whole market to set it into bubble state. But since they are amateurs that have no decent experience and are having a hard time dealing with the market situation, they were the ones to be easily lured to sell and spread FUD which have a big implication into other users having a sudden moderate movement to happen but that will not exactly be the reason for the bubble. Big institutions or big holders are also the ones dominating the market and it is not duly exact what factor causes the bubble for certain reasons are still unidentifiable
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Money is not the root of all evil if you will just treat money as to take its real purpose and usage of why it was created. The problem is that money got involved into those people who was possessed by greed making them to think and to act like evil doers that will do anything for the sake of obtaining money. Greed infused with power and influence by a certain person or a group of people wanting to gain more money creates more evil for the range of possible things they can do for money. It is the people's greed that makes evil in the society and not money alone.
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It is the downside of relying into someone we think that is superior over us and letting them run into our minds and seems to make us follow whatever they said because of the fact that they are influential to think that what they do, what they say and we obey those can put us into better place. This is not just a blame for Elon Musk but for the people as well who take part of the movement because although it can be possible for him to manipulate the market, people have given him more strength hyping up Bitcoin and after a couple of months changing his stand leaving those who follows him in air float. This must come into realization that it is just fine to follow influential people but still decision must be up into you and do not just get along with the trend. Think of it as well.
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