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I have only recently entered this world, but Bitcoin has already helped me to learn more about technology and markets. It is possible to understand why Bitcoin has the capacity to make the economy better, especially in countries that have the currency controlled by centralized institutions and high inflation rate.
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In trading, you will not only focus for one coin because you don't know when will the prices goes up and falls down. Trading is really unpredictable, you need time for that to observe or monitor. You should always be updated and aware.
in trading, it is always better to spread or diversify your trading with other alt coins. This way, when there is a big spike due to whales bumping certain coin or coins, then you are in the better place to profit well. Whereas, if you are just focus on one coin only, then it will be very boring I tell you  I believe that diversification is a good thing, but even that requires care. There are altcoins that can not be considered a good investment. Some of them have very low chances of receiving some pump, and many of them have dead chains.
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I dont think it possible to disappear a bank. Many people use banks and that is really important for them. I think the older people dont even know what Bitcoins is and what you can do with it and that is the problem.
It is well known that a lot of people are not aware of Bitcoin. This is one of the limitations that Bitcoin needs to overcome before it becomes mainstream, because many people have a tendency to avoid new technologies, especially if they don't know how it works.
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Well, I hope I have that opportunity too. But it's something that can take a lot of time... maybe the best thing to do is to stay focused on the present, to have as much as possible for the big time.
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I believe it would take decades to reach 1 million dollar, that would give insane market cap. On the other hand, I think that 10k is an achievable value for years to come. Perhaps in less than five years, if you ask me.
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Bitcoin is an investment and you can earn money with bitcoin, which you can't do with just cash. Bitcoin can be use to pay bills or goods online, so it's more convenient
I think Bitcoin, besides being a currency, can be a good long term investiment. But in order to be a sucessfull currency, we need more merchants offering goods and services for Bitcoin. At the moment this number is quite limited.
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No, and I have no plans to do so. It would be a very risky decision, even for a well-established technology, such as the bitcoin technology. But I think 25% sounds like a good number.
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So far I am not making good money in trading but I am learning my way to it, the unpredictability of the price is what makes it a very challenging job and we are just investing on our capability and skills to predict the right movement of the price, at least we are not gonna be scam here, right?
yeah, it is the first step to start trading in altcoin or digital currency world . because the main trading success depends upon the knowledge of best trade basic and idea of prediction of altcoin at a particular time . well i am In profit in this week with about 56% but last week i was in loss , we can say it is an unpredictable Job . Yes, a broad knowledge of the market is required. Even people with more experience may suffer losses if any unexpected movements in the market occurs, that's why you can't invest what you can not afford to lose. Every market has its ups and downs, prices must always adjust, as changes occur in the economy... If the individual wants to succeed, he/she needs to understand the factors that lead to such changes, taking a view of different aspects of the economy, and trying to associate the different factors that interfere in the market.
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I would like to build, in the coming years, a solar-powered btc mining farm. But I don't know if in twenty years it would be a good idea, because the mining diff probably will be very high, and there is a high initial cost for the equipment.
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Usually blockchain.info, btc core wallet and electrum wallet, the first two being the most used.
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Not at the moment, but I'm looking for alternatives that are worth to use it. Although I do not use in physical stores, I use on the Internet to make investments, when there is real potential in it.
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I think you should try to find another hobby, something to replace this activity. If necessary, ask for help from people you trust.
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I think not, at least not very soon. People need paper money to buy stuff and pay daily expenses. Things may change in the future, of course, but right now people still rely on the banking system. Actually, at the moment already exists many users who feel better using both payment systems, rather than using a single form of payment. As Bitcoin reaches more stability and its technology is recognized by more people, these people are likely to start using Bitcoin more often, as people tend to use what works more efficiently.
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Investing in other cryptos seems to be a very risky decision at the moment. In my opinion it's a good time to hold, considering the improvements that are being brought to bitcoin.
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I like bitcoin wallets, but I prefer to use both. It's necessary more development of the btc ecosystem, so we can use btc wallets more often, because most people still need fiat to buy things they need.
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Of course, it all depends on the user's awareness. In fact it is already used for many positive purposes, helping investors and users to have a faster and safer way to send, receive and store value.
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We use bitcoins specifically online. You can pay bills by using BTC. You can pay credits through bitcoin. Well it is not yet out to pay on physical stores.
I was not aware that there are already people paying bills with this, it should make things a lot easier for many people. With regard to physical stores, in fact there are not many options, but I think this will be one of the results of the evolution of the ecosystem, this is something that will probably take many years to happen. There are few occasions when I spend bitcoins. Generally I use it online, to invest in cryptos or purchases in which there are discount when using bitcoin.
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At the moment I'm holding, but if I see significant drops, I will certainly consider the possibility of buying more.
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Investing using bitcoin is similar to investing with conventional money, ie, there are many possibilities and it's not easy to choose the best. But I believe that, at the time, you will have more earnings if you hold your coins.
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