Dont stay in crypto too long

[Trinx01]

There is no way for the government to access your bitcoin if you don't give them the information of yours. The government keeps on pushing to ban bitcoin in some countries but they cannot do it as well, let us not be worried about the government because bitcoin does not even need any authority or government in decentralization.

[bounceback]

Every thing can be happen in cryptocurrency because many moment we see when some one hold coin for long time but at the end coin delist from exchange market, but some time when we sell early coin can be pump after few months later. I will check how reputation from developer coin with holding or selling, when get good reputation I will hold and keep waiting with bigger news next week or next year.

[jesselui]

The thing that should definitely happen is to get out after you get the profit. Otherwise, you want more, it turns out harmful and you feel extremely upset. Experienced people go out even with little profit.

[Emmychris]

Well actually everybodies faith and decision isn't the same, you might want to make your cash and go while me I would want to continue making the cash as far as bitcoin is still in existence. Take note government doesn't control bitcoin nor our funds in it , get that straight, there just place restrictions on the usage of bitcoin which is all there can do.

[iTradeChips]

I am not really sure what the real intentions of the OP are to simply tell crypto investors, traders, and veterans not to stay too long in crypto. How long does he think an investor should stay in crypto, I mean how short should it be? You might have some noble undertaking mate to save souls about to be overwhelmed by losses but you are not god to know who or how many would be affected. There are winners and losers, accept it. Don't force yourself to people who don't know you in telling them what they need to do with their lives.

[Vishnu.Reang]

Your statement like this won't change the whole world. If you don't want to stay in crypto anymore, then why are you still here?

Here's the harsh reality. Bitcoin can't be stopped even if countries might consider banning it. It will continue for a very long time as the government can't control it. Nigeria's situation is a great example. Despite that the Central Bank banned banks from dealing with crypto exchange, P2P transactions are still in place and they're not stopping!

Paxful alone reported that they have 1.3 million users in Nigeria. This would mean anywhere from 5 million to 10 million users in total. There is no way the government can prosecute this many for usage of cryptocurrency. And from what I could see, unlike the case with India, the government in Nigeria hasn't made the ownership of Bitcoin a criminal offense. That means even if they flag a particular bank account for cryptocurrency trade, the maximum they can do is to close down that account.

[GeorgeJohn]

Many people is emphasising on this seriously, staying long in cryptocurrency what is the effect, if other aspect of business someone can develop trust and base on it and stayed years, while can't we stay in cryptocurrency as long as we want, because this idea is correlated with the mentality of government and which we know that the group against crypto is government, so I have not seen fact while we should not stay long via bitcoin, does it mean that crypto will be eliminate so soon?

[Slow death]

I will make my post based on something real:

2010 bitcoin price = $100

2021 bitcoin price = $49000

and during all this time I didn't see important governments of great reputation like USA, UK, Italy, European Union banning bitcoin

it shows that it is safe to keep bitcoin for years and profitable

[ANTOH]

所有的统治机构都是需要严密管理所有人的资产，决不希望让无法控制的加密数字硬币自由交易，会让统治机构和银行家极度的恼怒！然而一些专权的国家会制定出严厉管制措施即使目前还没有更好的手段，所以不能在加密数字领域停留时间太长

[androyster]

This is just more FUD and not supported by a single fact.

Nobody could access your crypto wallets unless you give them access. Govs could only ban individual exchanges and that's why we should keep the coins in wallets, not exchanges.

Exactly.  WTH is with these people?

[ecnalubma]

Why we need to get out of crypto when we are making most of our money from it? If your only fear is about ban from governments etc. I think only uncivilised country will do it so or unless most countries will organise a rule that prohibits people from utilising it. Worldwide ban will only become a myth now that big companies and institutions are starting to pile up their BTC holdings but expect a stricter regulations.

[South Park]

Your statement like this won't change the whole world. If you don't want to stay in crypto anymore, then why are you still here?

Here's the harsh reality. Bitcoin can't be stopped even if countries might consider banning it. It will continue for a very long time as the government can't control it. Nigeria's situation is a great example. Despite that the Central Bank banned banks from dealing with crypto exchange, P2P transactions are still in place and they're not stopping!

Paxful alone reported that they have 1.3 million users in Nigeria. This would mean anywhere from 5 million to 10 million users in total. There is no way the government can prosecute this many for usage of cryptocurrency. And from what I could see, unlike the case with India, the government in Nigeria hasn't made the ownership of Bitcoin a criminal offense. That means even if they flag a particular bank account for cryptocurrency trade, the maximum they can do is to close down that account.

This is yet another reason why adoption is so important, years ago it could have been possible that governments all over the world could have made ownership of cryptocurrencies a crime as there were so few of us, but now that adoption has grown in a considerable way even if that were to happen it will be impossible to enforce such law as it is simply impossible to put under arrest millions of people at the same time, with that being said in the case cryptocurrencies are made illegal where you live it is better to keep a low profile and avoid bringing attention to yourself so you are not one of the few unlucky ones which end up in jail as a result of such law.

[best123]

Government want to be involved in cryptocurrency because of their selfish gain. Cryptocurrency preach freedom and decentralization which government does not like. Government want to regulate cryptocurrency affairs.
Making money is secondary in cryptocurrency for people like us.

[carelessboy]

i think you can,t believe in crypto and bitcoin. why  i leave in crypto. Walking my path with bitcoin since 2017 still i involved crypto. crypto  never kill any government. it,s a currency and already many government people use and invest bitcoin . and if we  all crypto lover explain our government i think crypto build a good position in our future. 

[Natsuu]

Why we need to get out of crypto when we are making most of our money from it? If your only fear is about ban from governments etc. I think only uncivilised country will do it so or unless most countries will organise a rule that prohibits people from utilising it. Worldwide ban will only become a myth now that big companies and institutions are starting to pile up their BTC holdings but expect a stricter regulations.

Therefore, only be afraid of staying in crypto for too long if you belong to those country that qualifies as he mentions.

[bittraffic]

Crypto is ruled soon by sec and goverment its not goodw

Make your cash and get out of crypto
Pepple dont like regulated things fuck rules and regulations crypto is freedom if the goverment start fuck woth our bitcoins and crypto then its not good
We stay for using cash 

It should be the other way around. Keeping your coins for long term instead is recommended.
You take your chances on crypto than going to fiat instead because at least in crypto they could never touch or freeze your coins if it's in your wallet. The regulation is here for adoption which is what we actually need for crypto to be available for regular users who could possibly buy using their fiat.

[virtualdn]

All my latest posts were deleted while threads like these one are allowed, very interesting. I won't be posting here anytime soon because the moderation is very strange.

[death69]

Why we need to get out of crypto when we are making most of our money from it? If your only fear is about ban from governments etc. I think only uncivilised country will do it so or unless most countries will organise a rule that prohibits people from utilising it. Worldwide ban will only become a myth now that big companies and institutions are starting to pile up their BTC holdings but expect a stricter regulations.

I agree with your point. However, I have a argument that there are still people who lose their money in cryptocurrency by investing recklessly and blindly. Moreover, imposters are using blockchain and smartcontract as a tool to lure and steal others money. In my country, a variety of scam abuses the name and the fame of crypto and because of that reason, many people believe bitcoin and other digital money to be a form of pyramid schemes.

As far as I am concerned, more than 50% of investors are novice in this area that why they need a lot of support from us. Unfortunately, half of them do not want to listen to anyone and they arbitrarily put their money in any project which their hearts tell them to do. It is nearly impossible to educate them about the risks involved. Therefore, governments have their additional point to ban cryptocurrency although it does print alteration and improvement to our lovely world.

[Matimtim]

In my own observation government cant control transaction because bitcoin is decentralize means nobodies has control on in, maybe if you let them know about your bitcoin transaction, so in that point they can control or limit your transaction because you allowed them to control your situation.

[Asusnumbaone]

Crypto is ruled soon by sec and goverment its not goodw

Make your cash and get out of crypto
Pepple dont like regulated things fuck rules and regulations crypto is freedom if the goverment start fuck woth our bitcoins and crypto then its not good


We stay for using cash 

Cryptocurrency is the one who gave an opportunity to many people to make big income while not using talent or physical strength if the government bamned it or its Start fail many of us will never make income