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How can they destroy something which they don't know how it was created nor who really created it? I think that is the reason why Satoshi Nakamoto is still unknown to us because he/they is/are protecting Bitcoins existence. If someone knows who is the creator of Bitcoin, they will hunt them down and force the creator to reveal Bitcoin's secret. Some countries can ban Bitcoin but they can't destroy it. No one can destroy a thing when two or more persons believe it.
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I think it is ironic to say that Bitcoin is stable since we all know the volatility characteristic of it. I think what you want to imply is that consistent rise up or the rate of rising up. No one can say that we believed that what is happening today is just the correction. We are still hoping that BTC will rise up like a rocket ship, and when that time comes. That is the right time to sell what we hodl for the longest time.
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As long as the astronauts have an access and connected to the internet, they can transfer anything even Bitcoins while traveling throughout the solar system. Well, in fact, they should have the fastest internet that they can get from the satellite system beside them.
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I divided my profits on crypto on percentage. Some are for my crypto investments and trading, then some will be converted to fiat and have it invested in low-risk high-profit investments. Then some will be for my myself (paying yourself first), my family and for gives (giving). I feel that doing these things will never be wrong.
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What's happening today is believed to be a correction. Let us not panic and decide quickly. We should study on how we can have more profit. Up and downs on Bitcoin is just normal. But we are still believing that Bitcoin value will rise up again. As for me, I will still hodl. When the right time comes, I will surely sell the Bitcoin and no one knows when that would be.
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There are so many things that considered to be the principle of trading. And there are many things you have to consider to be able to do that. Trading in crypto is the same as trading on a real-world stock market. We need to buy low and sell high. But what I have in mind is the most basic thing you have to remember on trading. Stop losing money and start gaining profit.
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Some say that you have to remove the emotions on trading but how can you do that? I suggest that the best thing to do is to manage our emotions. If we will be able to do that then we can manage our trading. Then learn the basics, we cannot comprehend technical analysis when we do not know the basics. There are lots of ways to know that. Self-study like using google, youtube and asking someone we know that doing the thing is a great start.
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It is nice to know that everyone was so interested in some things that they haven't tried before. What I can give you is just a piece of advice on how you can learn on how to trade. The basic way is "buy low and sell high" which I think is a common sense thing. Most importantly, do not do something that you don't really know. Your money will be gone as quickly as it is when you try something before learning. Experience is a good teacher, but learning from other's mistake is the best way on how to learn.
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I think binary trading is very risky due to the lowest probability to have profit in the safest way. It is still not recommended for newbies on trading especially if you want to have a high profit. But if you are willing to lose everything then it is worth a try besides it is your money and after that, you have learned something new.
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Wanna see people's predictions for the next bull run.
When will it begin, how high will it go, and when will it end resulting in the next major crash?
Bull run here I'm talking about when the price is at an ATH and starts pumping in dramatic fashion, and the bull run ends when it experiences a major lasting crash. For example, last bull run basically started May 1st when bitcoin started pumping from around $1300/1400 and started shooting up hundreds of dollars. And it ended mid-December, the previous crashes last year were shorter corrections during the bull run.
So basically once it breaks $20k and at some time after starts going crazy with a new hype phase, when do you think that'll begin, how high will it go, and when will it end to start the next major crash?
My prediction:
$20k+ -> $70k
Dec 2018 -> Aug 2019
If the price increase continues to grow until december it would be not be impossible to reach 50k to 70k price value by December. This is higher by 3times compared to last year's highest price of only 20k Yeah it's good to be optimistic as this technology is full of speculative thinking about the future value but let's keep our feet on the ground as realities will prevail. In every bull run there's a corresponding correction as those whales will surely dumps for easy money. We need much much money to put on to realize that speculation. Just take one step at a time and be patience. I agree with what you have said. Still, we need to analyze things based on real figures. The correction will surely occur when the whales will get in the picture. What we need is to be more proactive in observing things and help Bitcoin as to rise up again on our own little ways through trading and investing. Little movements from us will surely affect the financial market. |
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Bitcoin is still unpredictable because of its volatility but it is obvious that Bitcoin is still fighting. The massive sale of Bitcoin due to its lower price because some people think that it will rise up again in the later months. This mindset and actions will surely affect the later season of this year or early season of 2019. Let us continue to hope for the best for Bitcoin.
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It depends on how you will make use of your investment. If you are investing your money for a longer period of time. Then it is the best time to buy now. The difference between the other if you split them will not have a large bearing on the end result.
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Why should I give up? If we want to win, we should not give up. Everything that we are experiencing is just normal and we should be very positive. Instead of checking the charts from time to time, let us diversify our investments and invest something on the real-world. Make ourselves busy. Hodl your Bitcoins while doing business. When the right time comes. Everybody wins and everybody happy.
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Some said that it is a premature celebration but it is still good to see green marks on the chart which indicates that Bitcoin is still alive and kicking hard. Besides, I don't believe that it will die. Let us just hope that we will again experience a surprise rocket launch spike from Bitcoin.
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It is a real test of faith when it comes to Bitcoin, but remember that most people who invested in Bitcoin only have none when they started. So there's nothing to lose everyone. Let us just be wise on handling our finances and divert your investment on most profitable investments.
The up and downs on the financial chart will always be an advantage to those traders who knows to handle their money. So be positive and wait for that big moment.
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It is going to be a slow rise.
Many prefer to have it that way, as long as it will rise up again and regain it's the highest position and beyond last year. Most of the hodlers hodl their coins in a very long period of time and waiting for the Bitcoin o rise up and overcome all the FUD that all the whales have created. |
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PREVENTION IS BETTER THAN CURE.
It is not like an ATM that when we forgot our PIN, there's a bank that can provide us another ATM with a different PIN after we have deactivated the old one.
On our BTC wallet, securing our private key is so important because if we lost it then we are done. There is third party software believed that can retrieve these keys but I don't think it is safe. What I would suggest is that we have to print the details and private keys. Keep it in a safety box.
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Fear has no place in this field. Rise and Fall of Crypto value are just normal in any financial market. Expect the unexpected and every decision has all pros and cons depending on the result. What we should do is focus on what we do. Keep our hearts calm and continue with our work.
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Since people are using LTC, it isn't dead. It value might have decreased, but that doesn't mean it is dead.
I agree. Unless a coin loses its value, it is not dead. The value might decrease but still, it has value. We cannot say the future of this coin. Devs may have plans for this but as for now, we should focus on coins which have the higher probability to have greater value in the near future. |
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I know the feeling but we have to remember that in trading, we need to control our emotions. I am not saying that you should not be sad nor regret something but you have to control these emotions and learn from your previous experiences. I think your motive in posting this topic is to encourage everyone especially newbies to learn from your mistake and be more patient and I commend you for that concern.
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