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Very interesting article Karl.
Asia is indeed the power center of blockchain in the world today because, in the Asian region, Blockchain technology gets a warm and positive welcome from its people. Therefore, Southeast Asia is a potential market for the development of blockchain and crypto-assets. So Asian markets have always been a haven for investors, including technological developments such as Blockchain.
The growing sense of trust in Blockchain in Southeast Asia is clear, as many Asians invest in digital currencies. Especially in South Korea, China, and Japan. But Filipina and Indonesia are also areas whose inhabitants know well about this blockchain technology.
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Using Bitcoin in the United States is more developed than in other countries. Besides being a means of investment, Bitcoin in the U.S. can pay tuition,
online shopping, and other bills.
In Venezuela alone there are over 20,000 shops and businesses facilitating payments with crypto. Including the latest news from a Pizza Hut store
that a few days ago started receiving crypto payments. This is splendid news because interest in bitcoin’s use is growing.
The United States is one of the more progressive states against crypto even one state in the United States Wyoming will introduce legislation legally to define crypto.
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It’s too high to buy Bitcoin at $19K. But it looks like those who haven’t bought at a cheap price yesterday, like at $11K, that’s because they’re usually FOMO and want to benefit from the Bitcoin bull market. But they could hold their bitcoins longer if it turned out, the price would be a correction. Here one has to be patient and practice their emotions. If they can train their emotions, it is not impossible if they will also benefit, especially if the bull market continues to 20K even more. Another option, they can sell it at 20K, if they doubt that bitcoin will not proceed to a higher price than that. Taking a little profit is okay.
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Lately i see many new crypto exchanges / shitcoin exchanges.
I find that creating new exchanges these days isnt profitable anymore, why would someone switch from a long known exchange like binance/coinbase/etc. to some brand new exchange? Even with a marketing campaign, theres not much you can innovate.
Am i wrong? Correct me if im wrong, willing to hear all your opinions.
Everyone’s thinking is different. And this is a matter of trend. If something is booming, then others will follow that trend. Because usually many people want to benefit from it. If at the moment there are many advantages of creating a crypto exchange business, then there will be many a new crypto exchange will emerge. Over time, the exchange will show their respective shortcomings and advantages. It depends on the owner, the extent to which he manages the exchange. If we have a clear and good vision and mission, then it will be a great and popular exchange like Bittrex, Binance and other great exchanges, which we already used to trade. But it is not a simple thing to create a new exchange. It requires skill and experience. |
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In each country, there are different policies in dealing with cryptocurrencies. Because the circulation is completely unregulated
and does not get guarantees from the government, especially by the central bank. Because of the Bitcoin trend,
there is a high inflating of the value of conventional currencies, potentially disrupting the country’s financial stability.
That’s one reason crypto doesn’t get official recognition in many countries.
Bitcoin is actually legal in Indonesia, just not as a means of payment. But Bitcoin is only official as a commodity.
The Commodity Futures Exchange Trading Supervisory Agency (Bappeti) released the rule that bitcoin is legal as an investment tool.
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I invested my daughter's savings 3 days ago yet the market is tumbling.
So, I lost some of her money due the current market conditions.
It's December, after all!
Are the bulls gone now or what?
3 days ago the price of bitcoin was already high, and you bought bitcoin at an already high price. But it would be more profitable if you buy bitcoin under $19K. But it doesn’t matter to buy at that price either. But it is not possible in 3 days you want to make a profit. At least you have to wait until the price increases and give a profit if you plan to sell it soon. But my advice is not to panic too much if the price of bitcoin falls, because it will recover. It just takes time |
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I know, many people will be interested in investing in bitcoin when the price is very bullish, then there will be FOMO as well.
Because when bullish in price, many people benefit from it. Even from that, bitcoin will now reach for ATH.
Look at the price today it’s $19,374, almost $20K. But if you are going to buy at the price of bitcoin today, it is expensive; I think.
But I don’t know if he’s going to correct it, maybe that’s appropriate if you buy it.
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Bitcoin will still be sideways at the price of $ 18k - $ 19k, and this will last until the end of the year I think,
and the determination may be in the day after Christmas, whether to pump or dump,
we know $ 19700 resistance is still very difficult to pass Bitcoin,
despite the news regarding mass adoption has kept coming.
We’ve seen price movements in recent days. But I’m not sure either whether the sideway will continue until Christmas day or until the end of the year. Anything is likely to happen. Although there will be a decline after Christmas or New Year, it may be because there are some groups that need money for the event and sell their bitcoins. But I am sure after that bitcoin will be optimistic to rise again. So I think it is still safe to invest in bitcoin, let alone bitcoin is not yet the latest ATH. |
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With your skills you can earn. You can earn without any hard work. For that you need to be a crypto investor. You have to keep in mind that you will benefit if you invest in a coin or token by constantly monitoring the market. No experience is required for this. You just have to understand the market signal. Again you can invest in exchanger on any new token.
Yes, it would happen if someone could choose a good coin that you have analyzed before. We can find information about the coins we’re going to invest so that someone can benefit from them. Not only monitoring the market is needed in investing in crypto, but we also have to know which coins have good potential in the future, so that we are not in vain in making investments and can get a big profit. |
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IEO is more effective compared to ICO. because the IEO token has been registered in the exchange. But I would indeed invest in IEO
if they sold it on a very reliable exchange, such as Binance, Kucoin and other exchanges that are already popular and reliable.
But in addition it is very important to know the vision and mission to know the potential of the coin in the future.
So we really get the benefits in the long term.
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We were all interested by the story of Bitcoin when we first heard it. The unique properties and characteristics that blockchain technology has to offer have made a huge positive impact on the people who adopted it. Although there is a risk behind the unique bitcoin. And I think this risk makes a group of people do not want to use bitcoin any further. It’s the fact that the problems faced by cryptocurrencies can raise concerns. So for many people, these concerns can pose a threat and the government does not legalize cryptocurrencies.
But actually, this is not a threat, it might be more appropriate to say this is a concern. Or it’s up to people to interpret it.
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