I'm staying away drom defi.
Too many scams, too many projects that can't really be aveluated. It's hard to say what they're trying to achieve so I'd have to be investing just because there's a hype, hoping the hype will continue.
It's like with ICOs 99% of these projects will never achieve anything.
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Depends on the shilling.
If it's done profesionally with real owners of the accounts being paid off it can be a powerfool tool but also very expensive to run for the project owners. Like if you get some newbie or stolen accounts and start shilling with a bunch of them yourself you will get caught, banned, ridiculed. You will do much worse for the project than if you did nothing.
If you manage to persuade real experienced people to support the project it can be benefitial but also much harder and more expensive.
IMO shilling done by newbies will have no effect.
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I'm more sure of bitcoin going up then local currency.
You should also be more sure of Bitcoin going down tahn your local currency, that's unlless you live in Venezuela, Iran, or a few other places You need to believe in bitcoin in order to invest for the long term. IF you do then I think you should agree. I find it hard to believe when the bitcoins are all mined that it will be below $10k. It's still being adopted it might go to a million $$. It depends on how many more people adopt it and I believe there are many.
You're assuming they will all be mined out. If the price crash to 3 digits there will be no incentive for miners to keep going. I'm a believer myself but we have to take all options into account.
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This project is so shady that it makes me smile when I read through all the garbage. Take a look at their team. That EU director Lora Bilger is a psychotherapist. Their treasurer is a preacher from Nigeria Nwachukwu holds a Doctor of Ministry Degree in Transformational Leadership from the West African Theological Seminary, Lagos, Nigeria I don't get what is so scammy about those guys but Craig Wright is also this type of a doctor You can go on and on. Take a while and google search who these people are. If you were to call them on the phone they wouldn't be able to explain the difference between a public key and a transaction id.
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No impact or help IMO. It's really hard to say if these centralized currencies will be understood by people. If they are then finally people will realize there are centralized and decentralized currencies and some of them may sway towards decentralization.
You as bitcoiners may find it strange but most people don't know what a decentralzied currency is.
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I do 60% usdt , 20% bitcoin and 20% for ico or IEO investing, This market has a lot of up and down and we need protection against it , we can't just buy something and leave it if we need the money .
I don't understand why people treat USDt like an investment and hold money there. If you really want to stay out of the market just get USD and wait for your opportunity. USDt is getting some attention from US government and IMO it's going to get crashed sooner or later. You can lose a lot by holding USDt and there's no reward for holding it because it's "stable"
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Maybe they don’t know how is the strategy, when u want to invest in cryptocurrency. Or maybe they buy it before because they don’t want the price of bitcoin increasing bigger. But commonly people buy when its price down.
Those who buy when it's up want to ride the wave. It's possible if you buy in the middle of the rise and can be pretty profitable even when you're late for the party, as long as you keep your hand on the button and are prepared for stop loss. Buying when the price is down is pointless with shitcoins. You're waiting for a whale to come and pump it which may never happen.
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In a pandemic condition, the economy is indeed difficult, so to make ends meet, more sacrifices are needed. Besides sacrificing property (wedding ring = asset), many are not strong and choose to separate. it is a shame because it is precisely in these difficult conditions that their loyalty is being tested. on the contrary, there are many parties who actually take advantage of this situation to get married with the aim of saving costs
Getting divorced because you're in a bad financial state is a bad idea and a dumb way of handling the situation. As a couple you have much greater chance of saving money or getting a good loan, while a divorce will only mean additional expenses and money lost trying to split everything and sell unsplitable properties.
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Keys that you've generated online and are still holding are more vulnerable than keys generated by the hadrware wallet, therefore I see no point in trying to transfer the keys.
If you're thinking about investing in a hardware wallet OP, think of how much you're storing. If the cost of a hardware wallet is 1% or less of your total investment it's a good idea to buy it and invest in additional security.
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why not ? to me 6 months is still low compare to the lethal effect of the virus .staying at home is still advice until further notice . many people predicted that the routine like this can last till the year end or till next year . no problem with that because we people already know how to strive with the current situation that we have now .
this does not depend on the individual if what he will do but you can still get arrested if you live like theres no pandemic .
The lethality of the virus is as high as they want it to be. Every place you go has different opinions and different restrictions. Some countries don't have them at all. If you're allowed to go to conferences, open stores and restaurants, why not casinos? Should casinos be the victim here because they aren't essential. For me gambling entertainment is as important as going out for a meal or meeting with friends. Either they shut everything down or open everything. Allowing some businesses to open and keep other ones shut down is stupid.
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~
This is true. I can say that "Hey I'm holding Bitcoin for around 1-2 years so that I can get some profits" but whenever the price of Bitcoin goes down, I will panic and therefore sell my Bitcoins and what they said in the survey isn't true at all. This is what is happening and will happen in the future especially with these new Bitcoin investors. Some of them doesn't know how to control their emotions and some of them are just buying it for the sake of profit but in reality, they can't take the volatility of it and when Bitcoin drops they will panic and will sell the Bitcoins they are holding. Do you really do this? I thought long time forum members would be a little more confident with their investments. I stopped panicking years ago and there aren't many things that could force me to sell. A medical condition of mine or one of my family members could be one of these things but price volatility definitely not.
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900% growth is good but what we will see if india will ban crypto again as they want?
I wonder how they're getting legitimate statistics if bitcoin tradinfg for fiat is not allowed. Are they measuring black market numbers or stats absed on altcoin and stablecoin exchange rates? This covid pandemic indeed requires us to earn income from home because it is no longer possible to get money as usual. and one that he can rely on is bitcoin because it is not affected by corona
It did not change that much. I know people who work from home like teachers and they keep getting exactly the same wages every month with the difference that now they don't have to commute to work. The lockdown wasn't hard on everyone.
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I'm a bit crazy as well so for me a bitcoin that isn't adopted and stays the way it is would be much better than a fully adopted coin with no privacy.
I have access to electronic fiat money. Whenever I want I can pay with a transparent bank transfer. That's not what I want and that's not what I expect from cryptos.
We shouldn't go into obscurity and make bitcoin go into hiding but we also can't make it into another electronic form of fiat.
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If you want an investment to keep paying your bills you're up for a big surprise.
There's no free money in this world! Those of you who think they will invest nad keep making money will get eaten whole by the market.
BTC is as good as any of your passive income shitcoins. They just promise you more but never deliver.
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I can never forget that very day in hurry, Sunday 10 Nov.2013
On top of it all it was November, which means cold and rainy days and no summer for a long time. Also it was Sunday, so after the loss you had to deal with the pain of going back to school/work. It's always as good or as bad as we make it. I'm glad you got over it and can turn it all into a joke, because that's what it all is, a big joke.
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Do you think that we are before a bullrun like in 2017 ? Is there any chance that this kind of raid can happen again ?
Of course it will but don't blame me if it does not. If you are not confident you can make yourself this way by watching or reading some TA and checking out what opinions people you respect have about this. It's always a matter of opinion for new investors. They ask friends, families, teachers, celebrities and so on. The people I like and respect are positive towards cryptocurrencies so I'm in.
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So you don't own Bitcoin at all? What a shame.
I understand dedicated altcoin investors, but I don't wand will never understand an altcoin investor who doesn't even have 10% of protfolio in Bitcoin.
On top of that you don't have any "important" altcoins.
One look at the chart of LSK assures me that it's a shitcoin. 33 USD top and for the last 2 years the coin oscilates around 1 USD. Any coin that can't even hold 10% of its peak value year after year is garbage.
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When you think, using "safe asset" word for Bitcoin could be strange. In the end, Bitcoin is volatile and fiat money isn't. However, fiat money can always be manipulated easily or go down in value while an economic crisis. But there is no such thing that a government etc. can control Bitcoin. In an economic crisis, Bitcoin will be better choice compared to fiat money.
Volatile doesn't mean unsafe. Bitcoin has a history of sudden moves but these moves matter only for those who want immediate access to the money. If you are thinking of storing value for a long time like people do in government bonds you don't need fast access and can ignore short-term crashes and pumps.
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I saw data from exchanges that showed the number of speculators is steadily falling since 2018 and the number of holders increasing. This is good and bad at the same time. Good because more people believe in Bitcoin. Bad because it reduces the supply available on exchanges makindg it easier to manipulate the price. Also the age range 26-50 is kind of small we have people who are young and are really really positive about all this.
They were looking at traders and people below 20 rarely have enough money or aren't experienced enough to invest serious money.
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I mean he obviously responded to the part about buying bitcoin and being in the old system as in having a bank account. So he said that he is in the old system and will buy bitcoin.
Maybe he's a man of few words? Don't know him enough to be confident about his intentions, but it was a positive response.
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