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Author Topic: Do not be fooled  (Read 3960 times)
Miaallen
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September 12, 2020, 02:12:05 PM
 #241

When people get introduced to the crypto community, patience is the word mostly preached to them. I've been a victim of panic sale before and I've learnt my lesson big time. No quitting cryptocurrency in my dictionary anymore.
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September 12, 2020, 02:38:01 PM
 #242

As time goes by, the development of cryptocurrency is growing and attracting more and more investors who join in it, so that if anyone thinks bitcoin will disappear in an instant, it is difficult to happen.
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September 12, 2020, 02:56:09 PM
 #243

As time goes by, the development of cryptocurrency is growing and attracting more and more investors who join in it, so that if anyone thinks bitcoin will disappear in an instant, it is difficult to happen.
Yes, obviously it will be difficult to happen, but that doesn't mean it is impossible to happen, because crypto has not been known by everyone around the world and even some countries have not legalized cryptocurrency, only part of the world community knows it.
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September 12, 2020, 03:11:15 PM
 #244

As time goes by, the development of cryptocurrency is growing and attracting more and more investors who join in it, so that if anyone thinks bitcoin will disappear in an instant, it is difficult to happen.
Yes, obviously it will be difficult to happen, but that doesn't mean it is impossible to happen, because crypto has not been known by everyone around the world and even some countries have not legalized cryptocurrency, only part of the world community knows it.
but you also know that the popularity of crypto in the world is also increasing rapidly. our development can be very fast, and in the future, I am sure everyone in the world and all countries will use crypto for their transactions. in the future, all transactions will become easier with the help of blockchain and crypto. some countries haven't legalized crypto yet, it's not that they don't see it or aren't interested. but I believe they are doing better research for a better-prepared crypto use for their country.
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September 12, 2020, 04:16:45 PM
 #245

Right, Coronavirus has no impact on crypto, even in the midst of the COVID-19 pandemic, it is now becoming crypto as a field for-profit and also a way to avoid coronavirus because transacting online even though working from home.
has no impact on cryptocurrency? well I don't think you are very clear about how the movement of cryptocurrency is created, you should be able to see that when the corona spreads, many people did not work and only worked from home, when the initial spread of cryptocurrency prices dumped, after that the price recovered but could not increase prices rapidly because there is no support in terms of the world economy which is currently experiencing a crisis in various countries due to the influence of this virus.

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September 12, 2020, 04:45:36 PM
 #246

Spending years in crypto space I've come to understand that crypto will always go up and down, it's the way things are with crypto, so I don't expect you to lose it when people tell you that's the end for crypto, it's never going to happen unless you invest in scam projects
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September 12, 2020, 06:29:26 PM
 #247

Spending years in crypto space I've come to understand that crypto will always go up and down, it's the way things are with crypto, so I don't expect you to lose it when people tell you that's the end for crypto, it's never going to happen unless you invest in scam projects
I think there are still things that can make you lose, one of which is when you cannot control your patience and are affected by market conditions when the price collapses you sell it at a low price because you panic then it will make you lose. so in my opinion trading make it a long-term investment by placing a sell order so that you won't miss the opportunity to sell it at high prices.

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September 12, 2020, 06:37:47 PM
 #248

Coronavirus is the reason why market is in very bad shape, it will be very stupid to exit because of this while others are making good choice presently, many are already saying it's the end for crypto but the fact is Bitcoin died several times in the past and it's still alive today, do not be fooled by those who don't understand the technology

Being here for more than two years I already understand the nature of crypto that's why i didn't believe on every person that the only want is to destroy bitcoin and other crypto currency as well. Did you know that crypto help me in times of difficulties like now that we are suffering from this pandemic. Crypto will remain as long as their are people using it, patronizing it, investing on it, in other word there is a continues demand.

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October 05, 2020, 09:00:24 PM
 #249

also don't be fooled by all the new defi/uni based shitcoins and no name devs in it for quick bucks.  you will get fucked.

$ADK ~ watch & learn...
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October 06, 2020, 05:25:54 AM
 #250

That's right, because as cryptocurrency technology develops, the enthusiasts will be even more crowded, and the price will continue to increase significantly from year to year.

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October 08, 2020, 06:57:20 PM
 #251

We are here in crypto world for many reasons, reacting some few conversation is the way to know  what are  their opinion on the topic, but sometimes there are any information that fooled to creat some a negative feedback on that  matter.

If a person trusts everything and everybody, he will be fooled, and it does not concern only crypto. Not to get into trouble, you have to get the knowledge about the stuff you are in. Invest in a project? Do not listen to anyone, and learn the ABC of it. Spend time for learning, and you will succeed.
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October 08, 2020, 07:32:19 PM
 #252

Cryptocurrency was not affected by the pandemic. The internet is what kept the world alive and together during this critical period. Exiting crypto because of the pandemic is worth considering as being fooled.

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October 08, 2020, 07:35:08 PM
Last edit: October 11, 2020, 01:34:17 AM by StephenJH
 #253

Cryptocurrency was not affected by the pandemic. The internet is what kept the world alive and together during this critical period. Exiting crypto because of the pandemic is worth considering as being fooled.
It surely affects the development speed, I don't think denying the real facts will add something to the conversation. A typical day is different than a day in a pandemic, it doesn't worth to push the development if there are no enough resources, from my experience as a developer. If pandemic has affected other sections of the financial world, saying this doesn't have an effect on the crpyot market is not right. Pandemic has caused fear which can be the motivation source for sellers to increase their limit orders in order to buy cheap later.

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October 08, 2020, 08:01:09 PM
 #254

As many said be patience, learning ànd knowing the ability to avoid fooled projects or even many ico scam. Reading  and knowing their platforms may be the key to joining any projects.

Scam exists in all systems, therefore anyone should not trust what he hears and not be drawn into the stream without spending his time knowing the good project that deserves the investment, whatever its financing system, and experience is gained with time from continuous knowledge.


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October 08, 2020, 08:58:15 PM
 #255

Cryptocurrency was not affected by the pandemic. The internet is what kept the world alive and together during this critical period. Exiting crypto because of the pandemic is worth considering as being fooled.

Are you sure about that? The pandemic did affect the stocks and cryptocurrencies dumped at the same exact moment as stocks in Spring of this year.

If you can explain how this wasn'tt related to shutdown of the US and the EU in that time I'm all ears.
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October 08, 2020, 10:23:02 PM
 #256

Different people with different opinions, i wonder why many people believes covid can ever have a huge effect on cryptocurrency to the extent of shutting it down which am sure won't happen.

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October 08, 2020, 11:34:04 PM
 #257

As many said be patience, learning ànd knowing the ability to avoid fooled projects or even many ico scam. Reading  and knowing their platforms may be the key to joining any projects.

Scam exists in all systems, therefore anyone should not trust what he hears and not be drawn into the stream without spending his time knowing the good project that deserves the investment, whatever its financing system, and experience is gained with time from continuous knowledge.
That's why we shouldn't believe any promises from new projects. We have to focus on what a project did in the past like partnership, exchange partnership or beta tester of product. Scam projects always exist in cryptocurrency, the same in stock exchange. This lockdown situation opportunity took so many investors or maybe this was the halving effect.
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October 08, 2020, 11:40:53 PM
 #258

If you know crypto just from its cover, then you can be easy to follow FUDs. But the crypto community has been improved, I am pretty sure that most of us already know that crypto is very potential. Nowadays, people involved in the crypto business have been mature already. As too many FUDs happened in the last few years, we already take many lessons from it. Most people who can be influenced by FUDs are beginners or newcomers.

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October 09, 2020, 02:45:27 AM
 #259

Cryptocurrency was not affected by the pandemic. The internet is what kept the world alive and together during this critical period. Exiting crypto because of the pandemic is worth considering as being fooled.

I wouldn't say the crypto currency wasn't affected by the pandemic..we all saw how the process slumped during the pandemic although they recoverd later.

I terms of development most projects were affected and they had to extend their deadlines because of wfh and restrictions.

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NoG-NoG
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October 09, 2020, 02:51:45 AM
 #260

There is a huge contribution this pandemic did that affects the market and the cryptocurrencies knowing that many people tend to lose their job which help them in investing in several cryptos but we cannot really blame all this happenings only because of it. We all have seen how very volatile and unstable the market and we have seen how the market falls down so deeply and rise up once again very high, meaning to say we just need to keep on believing that it can overcome all the struggles the market and cryptos are facing.
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