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Author Topic: Dont stay in crypto too long  (Read 2473 times)
sarmrakib
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April 11, 2021, 01:59:31 PM
 #281

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 
We have seen a lots of developed country has come to the crypto world even the world richest person Elon Musk has invested on it .Do you still thisnk it is worthless .It has proved to the world that if you hold crypto your keeping your asset which can turn your life .Myself is the great example for it .So that thinking to make everything cash is worst idea ever .Think twice before doing this .

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April 11, 2021, 02:54:50 PM
 #282

if the goverment start fuck woth our bitcoins and crypto then its not good
The government can only access your Bitcoins if you allow them to. There are many ways to use Bitcoins without compromising decentralization or privacy. If you view Bitcoin as a cash and grab scheme, then just maybe you do not fully understand it yet and should just stick to fiat.

Agree. They will never know if you have Bitcoin unless you have converted it in cash and transfer it in your bank. But until you haven't converted it in fiat, they can never know if you have lots of Bitcoin. Save your future, buy more Bitcoin as possible. Because I believe that one day, the government will finally accept Bitcoin. They are just in denial stage but we never know maybe they are already buying secretly.  Roll Eyes

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April 11, 2021, 03:13:10 PM
 #283

I can't accept your advice. Cryptocurrency is the digital currency and it is the future of the economy. While many developed countries of the world are legalizing cryptocurrencies, many organizations, businessmen, rich people are participating in crypto, the number of crypto users is increasing day by day, it seems foolish to me to get out of crypto. My life could change at any time if you keep your assets in crypto.

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April 11, 2021, 03:35:34 PM
 #284

I don't agree when you say don't be too long in crypto because in my opinion crypto will not be optimal when doing it in the short / medium term I think it takes a very long term. for example bitcoin everyone currently says bitcoin will reach $1 million this year and when we flashback to the past few years, for example to 2010 where the first time bitcoin existed it was only about $1 and it took a very long term for bitcoin to reach this point .
therefore crypto takes a long time.
besides that, when we discuss returning to cash, it will be very funny Smiley like civilization going backward. Grin  we will find it strange if everything is done with cash back because we know today is very sophisticated.

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April 11, 2021, 03:56:48 PM
 #285

I can't accept your advice. Cryptocurrency is the digital currency and it is the future of the economy. While many developed countries of the world are legalizing cryptocurrencies, many organizations, businessmen, rich people are participating in crypto, the number of crypto users is increasing day by day, it seems foolish to me to get out of crypto. My life could change at any time if you keep your assets in crypto.
Bitcoin technology is the future of money, when it's early phase of developing there no other choice but living with it. I'm pretty sure that BTC is going to make change the world, where we will use digital money with full control. We should get involve with it, and secure our future.
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April 11, 2021, 05:56:34 PM
 #286

no one can control crypto bro it's not that easy goverment want to master crypto because crypto itself is decentralized Lol

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April 11, 2021, 07:15:45 PM
 #287

I can't accept your advice. Cryptocurrency is the digital currency and it is the future of the economy. While many developed countries of the world are legalizing cryptocurrencies, many organizations, businessmen, rich people are participating in crypto, the number of crypto users is increasing day by day, it seems foolish to me to get out of crypto. My life could change at any time if you keep your assets in crypto.
Bitcoin technology is the future of money, when it's early phase of developing there no other choice but living with it. I'm pretty sure that BTC is going to make change the world, where we will use digital money with full control. We should get involve with it, and secure our future.

I don't think BTC is going to last forever due to it's code limitations. I'd say it's a first successful prototype of future payment systems, but what they're going to be and what technologies will be used - we have no idea yet.

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April 11, 2021, 07:29:18 PM
 #288

Governments are trying to create its own crypto currencies  seeing bitcoin's growth. But the government may impose tax on crypto earnings but I am sure crypto earnings can not be tracked as long as blockchain can not be hacked.
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April 11, 2021, 07:36:39 PM
 #289

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  
No dude, the government will don't have any access to your bitcoin and other coins if you gave them permission to access it. It's your personal thing and we all know that Bitcoin is decentralized so no one can ever control, rule, or handle it. Basic info about bitcoin.  Wink

if the goverment start fuck woth our bitcoins and crypto then its not good
The government can only access your Bitcoins if you allow them to.

There are many ways to use Bitcoins without compromising decentralization or privacy. If you view Bitcoin as a cash and grab scheme, then just maybe you do not fully understand it yet and should just stick to fiat.

Agree. They will never know if you have Bitcoin unless you have converted it in cash and transfer it in your bank. But until you haven't converted it in fiat, they can never know if you have lots of Bitcoin. Save your future, buy more Bitcoin as possible. Because I believe that one day, the government will finally accept Bitcoin. They are just in denial stage but we never know maybe they are already buying secretly.  Roll Eyes
Yeah, that's the only time where the bank will question you how did you get that huge money.
As long as it's bitcoin, they have nothing to do with it and just save when the time where most of the people are embracing cryptocurrency.
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April 11, 2021, 08:35:12 PM
 #290

Speak for yourself. Crypto has come to stay, even the government has seen there is left no option than to adopt cryptocurrency. It's good making money and equally use the technology. I currently use it for remittance across borders due to bank charges.
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April 12, 2021, 10:55:07 AM
 #291

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 

There's no government intervention since BTC is a decentralized currency, which uses peer to peer technology to operate and perform transactions through block chain technology. So don't worry about the government ruling Crypto because it's not gonna happen and the only thing they can do is to put a restriction / limitation which is totally not enough to put an end to cryptocurrency

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April 12, 2021, 02:13:11 PM
 #292

if the goverment start fuck woth our bitcoins and crypto then its not good
The government can only access your Bitcoins if you allow them to. There are many ways to use Bitcoins without compromising decentralization or privacy. If you view Bitcoin as a cash and grab scheme, then just maybe you do not fully understand it yet and should just stick to fiat.

Yes. That's the beauty of Bitcoin. The government and banking institutions won't be able to check our money in our crypto wallet. They can't trace back who owns that money. That is what I love about crypto. So do not worry about the government, they can ban as they want but they cannot destroy the whole crypto community. Because they knew how beautiful Bitcoin is.

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April 12, 2021, 02:18:43 PM
 #293

How can the government touch your cryptocurrency? Over the years in the crypto space, I have realized that governments have been powerless for many years and that they can only depend on trends and obey the will of the people. Regulations on cryptocurrencies can be good and bad depending on national regulations. Cryptocurrency is not just money, it is also an asset to invest in, a store of value so it is not necessary to sell all of your cryptocurrency.
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April 12, 2021, 02:22:29 PM
 #294

How can the government touch your cryptocurrency? Over the years in the crypto space, I have realized that governments have been powerless for many years and that they can only depend on trends and obey the will of the people. Regulations on cryptocurrencies can be good and bad depending on national regulations.

Government has no control as long as we hold our crypto in our wallet, but the moment we trade it for fiat, that's where their control could come as most of the exchanges are regulated and its the government who regulate it.

Quote
Cryptocurrency is not just money, it is also an asset to invest in, a store of value so it is not necessary to sell all of your cryptocurrency.
There's no reason not to sell it if in this world fiat is still widely used, we invest in crypto for the aim of making profit, and profit are only realize the moment we convert it to fiat.

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April 12, 2021, 03:04:44 PM
 #295

With all respect the OP is talking crap. Governments, banks, institutions are going to have no choice but to accept bitcoin or get left behind. It’s like adoption of the internet in the mid 90’s, adapt or die.

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April 12, 2021, 03:44:24 PM
 #296

Crypto currency is fully decentralized. Government regulations can't affect the flow of crypto currency it can only limit transactions within a particular geographic region. Most centralized regulators own blocks of crypto currency in their various wallet. To me I'm assuming it's a way to blind their masses from partaking from the wealth from crypto
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April 12, 2021, 04:09:46 PM
 #297

Crypto currency is fully decentralized. Government regulations can't affect the flow of crypto currency it can only limit transactions within a particular geographic region. Most centralized regulators own blocks of crypto currency in their various wallet. To me I'm assuming it's a way to blind their masses from partaking from the wealth from crypto
In any case, the government is trying to limit the possibilities of its citizens, creating certain restrictions on the use of their financial resources, as well as when transferring their assets, and threatened with criminal legislation. Thus, people do not have the opportunity to fully satisfy their needs by cashing out cryptocurrency. You just need to look for other exits, which consist of the fact that, for example, when buying real estate or a car, you will need to look for a seller who will accept Bitcoin in order to bypass the government.

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April 12, 2021, 06:06:24 PM
 #298

If crypto is on a 4 year cycle and the crypto market will have a huge correction maybe in September of October,  are the long hold coins best to hold through the 90 percent dip and how long do we think it will take for the price to come back up please??  I’m having a hard time with paying the 37 percent capital gains if I have to sell before the huge dip.  Thank you

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April 12, 2021, 06:14:35 PM
 #299

Crypto currency is fully decentralized. Government regulations can't affect the flow of crypto currency it can only limit transactions within a particular geographic region. Most centralized regulators own blocks of crypto currency in their various wallet. To me I'm assuming it's a way to blind their masses from partaking from the wealth from crypto
In any case, the government is trying to limit the possibilities of its citizens, creating certain restrictions on the use of their financial resources, as well as when transferring their assets, and threatened with criminal legislation. Thus, people do not have the opportunity to fully satisfy their needs by cashing out cryptocurrency. You just need to look for other exits, which consist of the fact that, for example, when buying real estate or a car, you will need to look for a seller who will accept Bitcoin in order to bypass the government.
Its not actually a problem because even though there are some restrictions but it cant really be on a whole scale yet there are still places whom do really accept bitcoin or other crypyo
in terms of those casual purchases that can really be made in fiat and now people do integrate on using up crypto since it does have value.We can have lots of options to choose on.
Now that crypto had existed then its a revolutionary stuff which people can really decide to engage on and when it comes to decentralization then this is what makes it special.
We know the risk so its up to ours if we do deal or would stick to those traditional stuff.

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April 12, 2021, 06:36:29 PM
 #300

If crypto is on a 4 year cycle and the crypto market will have a huge correction maybe in September of October,  are the long hold coins best to hold through the 90 percent dip and how long do we think it will take for the price to come back up please??  I’m having a hard time with paying the 37 percent capital gains if I have to sell before the huge dip.  Thank you

If you check out this reporting from February, the headline is that 80% of holders are now long-term investors and it has lots of other useful information:

https://www.marketwatch.com/story/who-owns-bitcoin-roughly-80-are-held-by-long-term-investors-report-11612998740

Now if you believe them, and MarketWatch is a fairly reputable investment news site, then the market has changed from previous cycles. It is highly unlikely we would every see a correction anywhere near as high as 90%. It rocketed from $15,000 to $60,000 but that was before institutional money got involved. The people holding Bitcoin now are people who never need to spend it and are happy to hold cryptocurrency forever among their many other investments. If you have a problem with capital gains then you should be taking the maximum you can out every year without triggering the taxable threshold.

R


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