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Author Topic: Dont stay in crypto too long  (Read 2473 times)
xiboothrezi
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January 20, 2021, 08:40:11 PM
 #61

Fud spotted, I would like to ask how long have you been into crypto? Don't you think all the hurdles placed infront of bitcoin by SEC and regulators but they failed to stop Bitcoin and other crypto coins. I do understand there are shitcoins which will disappear but this doesn't apply for all the altcoins. I would suggest you to read bitcoin's history and struggle then you will understand that sec or government cannot shut down something they don't have control over.
we should really have to read a lot from reliable sources. Bitcoin is indeed controversial, there are many pros and cons, especially about its decentralized system. that is why many countries prohibit it because it cannot be fully controlled by the state. On the other hand, blockchain and bitcoin technologies provide many benefits and can solve problems that conventional financial systems cannot properly solve.

so many countries provide certain conditions regarding the use of bitcoin, for example, it can only be used as a trading commodity.

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January 20, 2021, 08:52:20 PM
 #62

Learn how Bitcoin works, Bitcoin is decentralized by born and users able to remain anonymous while send/receive BTC.
If you use custodial wallet or centralized exchange then Govt. or organization will able to control your Bitcoin, even they can seized fund without showing any reasons. So try to use non custodial hardware wallet to store your funds.

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January 20, 2021, 09:26:10 PM
 #63

Who are to you say that? you're not different from the government and SEC who tells what people must do and what's crypto is all about. They can regulate as much as they want but the market will continue to go on and it will be a regretful decision and idea while you're out forever.

It would be highly missed for those who just stay away from the bitcoin without investing in it considering the regulations will be in place. Take a call when it happens and how it works till then not to miss the bull run as you will miss out a good profit-making opportunity. Those who continued holding it are the ones who made good gains in the end.
We will, the ones who are holding in most of the time will get the benefits of it. Bitcoin is starting to be known and those bad views about it are also changing over time.
Telling others to lose their bitcoins at this time will simply regret it once they start to see bitcoin hitting high numbers again. You can tell to sell if it's needed but completely disposing of it, that's a bad decision and advice.
Just let  them be and soon they would realize that they had committed the biggest mistake of their lives on missing out this good opportunity to make profits.
People wont really realize things until they had been fucked up or able to get some bad experiences with it.We are free to say up things but be sure that you
wont really be changing up those words when you do actually seeing the opposite on what you had anticipated or commented earlier. Staying up on crypto
doesnt really give chance for you to make money
but we are actually talking into its usage and relevance.
Yeah, there's the freedom to tell things that we want but it's just condescending for this kind of guy whenever he says something like this. But at the last part that you have said, staying in crypto doesn't make money? well, as a holder and someone who had stayed in crypto, I've experienced many times that it's worth it to stay because it's rewarding.

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January 20, 2021, 09:40:51 PM
 #64

I don't know why this man giving this kind of warning in this kind of forum. This SEC issue started because ripple and bitcoin are very different from bitcoin, I think OP was the one who got hurt from the time that SEC issued its lawsuit to Ripple and cry all the way out blaming everything on the whole crypto.

We are at a time where we are slowly transitioning into a cashless society and crypto is the one who will shine most of it so why you hate it  Huh
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January 20, 2021, 10:50:39 PM
 #65

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 
I'm not sure how you think about crypto regulation but from what I see, SEC never has a huge control in here that makes us not to worry about it. I have some crypto but none from SEC asking KYC for me. 
If you are thinking that crypto has no good for you, then you are wrong because many people make a good living here, trading and investing. I ask you to try it and remove your worries about SEC regulation, then you will see how useful it was in this modern times. They'll never know that you are holding Bitcoin as you are anonymous unless you tell them.



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January 20, 2021, 11:41:21 PM
 #66

I think it is natural for the government want regulate cryptocurrency, because the government only wants to protect fiat, so as not to be defeated
by cryptocurrency. But it is impossible for the government to control Bitcoin, so there is no need to leave the crypto world. Because it is very lossy
in my opinion if you decide to leave crypto, I already feel comfortable investing in crypto and until whenever crypto is still profitable for me there is
no way I will leave crypto.

You don't need to be overly emotional knowing that the government wants to regulate crypto, don't give up because of that. Because crypto is
the best asset for now, before deciding to leave crypto, try to pay attention to the movement of the crypto market. Don't rush into decisions
because of your emotions.
 

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January 21, 2021, 02:05:16 AM
 #67

In my opinion, bitcoin is for everyone, both lower and upper class, whether it's for investing or as a transaction tool, I suggest you try to read the basics of bitcoin and understand how it works first if you want to discuss bitcoin.

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January 21, 2021, 02:26:52 AM
 #68

I don't think much can be done if gov outlaws any non-gov issued crypto.   Its like - can you buy fully auto guns? You probably can, but can you go to range with it ? ..
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January 21, 2021, 04:26:40 AM
 #69

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 
In my country Bitcoin and other crypto currency is not legal. But I'm using it since 2017. This is not the major things for why we need to leave Crypto. Crypto is freedom but you need to use it secretly. There is no need to publicity that you are a Crypto holders or users. If you need to show off then cash your money. If you need to make money then use Crypto. Buy potential coin and hold it.

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January 21, 2021, 05:07:51 AM
 #70

Government now on crypto currency declare a rule and regulation some people store bitcoin for long time.
It is safe for our future definitely crypto stay long time and i will see the future is crypto currency ..
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January 21, 2021, 05:22:10 AM
 #71

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 

I don't expect Biden administration to be friendly towards cryptocurrency. Already Janet Yellen has made some controversial comments on the subject of crypto. SEC will be under a lot of pressure to crack down on cryptocurrency. All they need is the slightest excuse. And the most worrying thing is that whatever happening in the US will be having a domino effect on the markets.
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January 21, 2021, 05:46:14 AM
 #72

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  

You live by these rules and regulations every day, so what is the difference when governments implement rules linked to Crypto currencies? They can only regulate the "Fiat" side of it and then create laws to restrict Crypto currency use outside of the "Fiat" part of it. So when your bitcoins touch centralized organizations like regulated Exchanges and also wallet providers and casinos and services, then the government can force these regulations.

They will not be able to stop transactions that are outside of these "regulated" organizations and services, because Bitcoin is decentralized. The moment when they "ban" Bitcoin, it will explode in their face, because illegal transactions does not generate taxes. (Underground and decentralized services will pop up like mushrooms, when they ban it)  

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January 21, 2021, 07:01:10 AM
 #73

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 

This comment reminds me of the time I saw Wolf of Wallstreet Jordan Belfort in a video few years ago saying bitcoin would go bust so get your money and get out.
Lets hope that people who were watching this back then didnt listen to him.   https://www.youtube.com/watch?v=hsaU4-AUW2Y

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January 21, 2021, 07:44:08 AM
 #74

People may not like regulations, it's true. But how do you know that the results will be negative? On the contrary, regulations' positive outcomes can sometimes further increase trust. Nobody can guarantee this, and that's why it's not quite right to say to stay away from cryptocurrencies.

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January 21, 2021, 08:14:55 AM
 #75

I don't agree with such attitude. I've been involved in Bitcoin for seven years now and during this time I saw how it grew and advanced.
To my opinion Bitcoin needs some form of regulation if we want to move forward and get it accepted and adopted on a higher level. Bitcoin is not only for rebells whose only purpose is to be against any kind of rules of regulation even if they don't know what that means.

Well, I think this is just another naysayer hoping to discourage people from Bitcoin so that Bitcoin will fall and possibly have his revenge. Maybe sourgraping because of the loss that he got in dealing with Bitcoin or any other cryptocurrency. Such doom saying has no audience and only fall on deaf ears, I have already seen the impact Bitcoin has made in the market and I don't think it lead to people losing money. Sure not all are winners, but has profited handsomely from it.

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January 21, 2021, 03:13:52 PM
 #76

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 
Even though the future of crypto is still unpredictable, it doesn't mean we should already jump into conclusion that someday, the government will take over the authority in it. We should not forget that cryptocurrency is a decentralized currency meaning no organization or no government has authority over it. If I would be ask if I would stay for long in crypto, I'll say yes cause there are still a lot of things that will occur which will more likely be beneficial for us who stayed faithful towards it. We can stay using cash whilst using crypto too. Nothing's needed to be abandoned.
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January 21, 2021, 04:17:59 PM
 #77

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 
Even though the future of crypto is still unpredictable, it doesn't mean we should already jump into conclusion that someday, the government will take over the authority in it. We should not forget that cryptocurrency is a decentralized currency meaning no organization or no  government has authority over it. If I would be ask if I would stay for long in crypto, I'll say yes cause there are still a lot of things that will occur which will more likely be beneficial for us who stayed faithful towards it. We can estay using cash whilst using crypto too. Nothing's needed to be abandoned.

Yes. We can continue investing in crypto and fiat at the same time. I was here for quite long years, and with that long stay in crypto i was able to gain good amount of income. So i don't believe that crypto is not good for long term because the truth is crypto is more profitable if you keep it for long term. And crypto will never be controlled by the government because of its nature being decentralized.

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January 21, 2021, 04:54:05 PM
 #78

Crypto is future currency's. So coming future most of the people use the cryptocurrency. Don't lose it. Bitcoin is good save. But time to buy and sell tha bitcoin. Investment is not easy to invest. Get the time for the bitcoin invest.

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January 21, 2021, 11:06:26 PM
 #79

Only people who don't have a good knowledge of cryptocurrency say don't stay in crypto too long. Or even people who have suffered significant
losses investing in crypto would say the same thing. Therefore, before deciding to invest in crypto, we must first learn how to analyze the market
properly, without good analysis, it is very likely that we will experience losses when investing in crypto.

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January 21, 2021, 11:59:24 PM
 #80

Only people who don't have a good knowledge of cryptocurrency say don't stay in crypto too long. Or even people who have suffered significant
losses investing in crypto would say the same thing. Therefore, before deciding to invest in crypto, we must first learn how to analyze the market
properly, without good analysis, it is very likely that we will experience losses when investing in crypto.

We have our own opinion on this matter. And seems that the OP is lost or something. Bitcoin, in particular, is more than a decade in the market. And now, he will say such thing not to stay long. Why? The foundation is going stronger each day. And now that more institutions are believing the capability of bitcoin, why stop now?
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