imstillthebest
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February 04, 2021, 08:18:24 PM |
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First, learn a little… When many still do not know what a wallet is, why do you want to risk your scarf?
wallet is an easy to understand word and everybody knows a wallet but a crypto wallet can be hard to learn to some . you dont need to wait for others to know what a crypto wallet is before you join the trend because at the moment when many are already aware the price of the coins are already on its peak but the goal here in crypto is you need to act fast and invest as early as possible before anyone else notice the coin that your trying to get in because once its boom your already inside it .
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k@suy
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February 04, 2021, 09:03:55 PM |
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unfortunately many newbies are in a hurry and want instant profit. so choose the shortcut by obeying other people's investment calls with 100% returns in no time. we must really know that the cryptocurrency market is very volatile, it takes in-depth analysis to be able to get a profit. if we are in a hurry, it will only make us trapped in mistakes, such as being trapped in a scam, being led by Fomo, and finally losing. concern for basic knowledge is very important, enjoy the process and don't give up easily. the road to success is not easy, being patient and continuing to learn to correct mistakes is the winner.
Well that is true, people wants to earn in the fastest way and that is the reason why Most of them started to love crypto at first and then at the end they will hate crypto. Maybe it is normal if we are still newbie that we got a little patience only at everything we do so if in trading even we only experience less than 10% loss we will cut loss immediately. This thing will be learned as time passes by only if we realize what fault did we make.
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Amejoaquim
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February 05, 2021, 02:34:10 AM |
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The day i entered is pretty same like you, almost everyone in my family not believing on me and they just wait for me to fail and move on from this investment.
I'm so lucky before i had a good friends who supporting me and we invested together in this kind of investment.
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verita1
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February 05, 2021, 05:24:29 AM |
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The official launch of Bitcoin occurred on January 3, 2009. From that date until now the mission of bitcoin has reached people who have believed in the network. Resulting in a change in their lives, anyone can participate and invest, there is no distinction of any kind and opportunities are open to everyone.
How easy it was for OP to get into bitcoin is some of the reasons why it dominates the crypto market. Congratulations OP, for giving you the opportunity to know the benefits of using bitcoin.
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lixer
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February 05, 2021, 07:18:21 AM |
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First, learn a little… When many still do not know what a wallet is, why do you want to risk your scarf? Do not worry, the market is always there. Instagram has a lot of tutorials that will help you Take a month to observe the market and you can spend a very small amount and get training. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Yeah, it’s never late because as long as the halving continues I believe that we will keep on hitting a new milestone every four years or so, and some people don’t know this yet and that’s why they are being reluctant and don’t want to invest in Bitcoin , they don’t know that there is a good time for them to buy this asset which is now. As for some of them the problem they are having is that they don’t want an investment or business that will take long for them to make profit from it. I have seen so many people who talk to me about Bitcoin and their main target is to make money immediately and become rich, because they have heard and read about others that became millionaires through Bitcoin.
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Kong Hey Pakboy
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February 05, 2021, 07:41:30 AM |
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I never went to Instagram for tutorials, I didn't even know that there were many of them there. Mostly I've known them from the forum and by using google.
Same experience. I am not familiar with Instagram containing cryptocurrency topics (since I don't open Instaram that much), but maybe there were few accounts intended to post for something like that. I also look into forums and websites which I think is more reliable if I want to learn more about Bitcoin and crypto. Since there are many social media platforms now talking about bitcoin, social media may be one of reliable source of knowledge. Just always make sure that the accounts you follow and read articles to is reliable too, of course. Well, I believe it depends on each person how they did found out about crypto, and all matters that you apply to yourself what you have learned from those.
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Serious475
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February 05, 2021, 10:20:11 AM |
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The day I entered the bitcoin market, I was twenty years old with very little money. I had no one but a whole negative person waiting for me to fail and they would laugh at me and make fun of me. But I wished .. A good life was my right .. I had suffered enough… So I learned at a young age .. I fell a lot… I remember thinking that it's too late, everyone is making a profit, I have to hurry too… but then I realized that waiting is the biggest investment. It's never too late for bitcoin ... First, learn a little… When many still do not know what a wallet is, why do you want to risk your scarf? Do not worry, the market is always there. Instagram has a lot of tutorials that will help you Take a month to observe the market and you can spend a very small amount and get training. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) The day I started Bitcoin is when it only has a price of $12,000 and it is very low if we compare it to its price right now. I think it is about december 2019 and I only have small amount of money on that time. I really regret that I didn't invested on the day I knew about bitcoin and the reason is doubt. I doubt about it because when my friend tells me about that, it sounds like impossible and I don't want to put my money on waste because I don't have much but my friend who tells me about the bitcoin is much more worse than me but he manage to put all his money on bitcoin and now he has a better life. I hope that my doubt didn't ate me at that time because if I trusted my friend, I will surely be having a good life now.
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AicecreaME
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February 05, 2021, 03:53:56 PM |
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That's the kind of mindset that all of the people should have if they are thinking about engaging the cryptocurrency world, because that's the main reason why most of them stop continuing to study about Bitcoin, they think it's too late for them even if the the truth is not. As long as the remaining numbers of Bitcoin is yet still to be mine, price will continue to move upwards making investors get their profits no matter what timeframe did they enter the market.
So simple analysation, and yet many people still failed to do that.
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acener
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February 05, 2021, 04:02:03 PM |
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The day I enter the Bitcoin or crypto currency I only have few knowledge about it but I was eager and really fascinated by it, I also have only couple of money to invest in it so I work hard and tried all the free site that I could to accumulate as much as I could to show my friends and family that I could earn on the internet and to prove to them that it isn't scam. Most of them think that it was a scam and I am just wasting my time on it instead of focusing on my job.
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Casdinyard
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February 05, 2021, 04:19:28 PM |
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The day I enter the Bitcoin or crypto currency I only have few knowledge about it but I was eager and really fascinated by it, I also have only couple of money to invest in it so I work hard and tried all the free site that I could to accumulate as much as I could to show my friends and family that I could earn on the internet and to prove to them that it isn't scam. Most of them think that it was a scam and I am just wasting my time on it instead of focusing on my job.
Proving this technology's reputation is quite of a waste of time. Whether for them to believe or not, that would be subjective. To share what you know is indeed a good thing but to put that much effort to convince them I think, won't be worthy. If they happened to believe in what you will say, you will be blamed if they lose profit and will rely to your actions most of the time. This market is hard to predict and there just times wherein the market prices of crypto are falling in a sudden. The right thing during these times is to hold, but keep in mind that not all people will risk their money to earn big time.
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CryptopreneurBrainboss
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February 05, 2021, 10:50:29 PM |
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When you invest in Crypto you're making the right choice, in the end scarcity will overcome those centralized paper money that can be manipulated through extreme quantitative easing. Us Crypto Enthusiast will get the last laugh in the end, once adoption and institutional money flood the markets because the traditional markets is failing due to inflation. Bitcoin will serve as hedge and safe haven.
While your statement is accurate, we should try to always look at the real reason behind the creation of bitcoin and keep aside the speculative aspect of the coin. The market exited because the fiat system has failed us. The bankers and government collide to defraud the average users while they benefits without any much or zero stress. If we want to improve on the technology then we have to encourage more usage by promoting users to this utilities of the technology and reducing the attention given to the price which is why many are worried of the market bursting anything soon.
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Ryker1
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February 05, 2021, 11:06:16 PM |
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The day I enter the Bitcoin or crypto currency I only have few knowledge about it but I was eager and really fascinated by it, I also have only couple of money to invest in it so I work hard and tried all the free site that I could to accumulate as much as I could to show my friends and family that I could earn on the internet and to prove to them that it isn't scam. Most of them think that it was a scam and I am just wasting my time on it instead of focusing on my job.
Well, why you can't focus while investing in bitcoin and your job? are they in conflict with each other? However, you are still lucky that at a young age of bitcoin you know them earlier, if I know bitcoin earlier, perhaps I also invested in bitcoin and holding a whole number of them. Unfortunately, I knew bitcoin in 2017 when Bullrun has come and the bitcoin was very popular and at that time I started being curious about what is bitcoin, until the day I found out about this forum and invested in bitcoin too but only a fraction number.
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| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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Ridwan Fauzi
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February 05, 2021, 11:32:48 PM |
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Don't be hurry, make a decision based on your rational brain, it means we have to make a decision based on our analyst, that the vital for bitcoin investment. Don't let your body/ brain triked and tempted by other people suggestion or other people strategy. At the start indeed it will give you money but then you will your money everytime you spend.
You right mate there is no word to late, there are so many opportunities don't just regretted because you late a bull run, there will be many a bull run ahead. Learn first about investment proccess, learn more about some strategies which will help you stand a long in this field and also you have to know your psychology why do you have to be here.
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Silberman
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February 06, 2021, 03:19:56 PM |
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Congratulations for being a patient investor, man. I hope all those who doubted you will recognise that they're wrong and not turn their backs on you.
That's a prime example of how patience pays off. Though, I can see why others would think that this is going to end in a loss especially if they need the money fast. The only reason you managed to turn profit is because you waited years to reap the benefits others are expecting a faster turnaround. It's a lesson worth remembering and referring to... This is the thing with bitcoin, hold it enough time and you will get profits but many people do not care about waiting for a long time to get profits, they want profits now and that is a dangerous attitude to have in a market that is so volatile, this is why those that bought bitcoin at the end of 2017 lost so much money, they had no intention to buy and hold their bitcoin, at worst they expected to hold their bitcoin for a few weeks or months only to be surprised by the unexpected crash and then sell for a loss.
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Jemzx00
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February 06, 2021, 04:23:14 PM |
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That's the kind of mindset that all of the people should have if they are thinking about engaging the cryptocurrency world, because that's the main reason why most of them stop continuing to study about Bitcoin, they think it's too late for them even if the the truth is not. As long as the remaining numbers of Bitcoin is yet still to be mine, price will continue to move upwards making investors get their profits no matter what timeframe did they enter the market.
So simple analyzation, and yet many people still failed to do that.
The mindset that people gives off when talking about bitcoin is always bad due to it being a digital asset. When I've started my bitcoin career, people tend to tell me bad things such as I'm a hacker or some shit like that as I've been earning money online, this also comes with scams, phishing and ponzi up until bitcoin appeared on news and different social media platforms. People has a low capacity that there's a variety of ways of earning other than the regular jobs that we are used to. Anways, that was my story when I started earning through bitcoin. What I can say to you is that, there is never a good timing on joining the crypto world other than now. No one can predict what will happen to bitcoin and other crypto but you may lose the chance if you don't try. Someone told me that it's too late for them to join back when bitcoin hits 20k$ but right now he's earning a lot and has a business, does trading and has many digital assets other than bitcoin. It's never too late to join crypto especially that it can be a currency of the future.
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Marvelman
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February 07, 2021, 10:27:12 AM |
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At the time of writing, the price of bitcoin is $39,500 and the coin is going towards $50,000 in 2021. As we all know, the total supply of bitcoin is limited to 21 million BTC but the demand of bitcoins is not. As many have already said, holding it for a long time is the best and the most profitable way to invest in bitcoin but the market can change over time and so does bitcoin.
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Japinat
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February 07, 2021, 11:02:17 AM |
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At the time of writing, the price of bitcoin is $39,500 and the coin is going towards $50,000 in 2021. As we all know, the total supply of bitcoin is limited to 21 million BTC but the demand of bitcoins is not. As many have already said, holding it for a long time is the best and the most profitable way to invest in bitcoin but the market can change over time and so does bitcoin.
Holding for long term is the best strategy when investing in bitcoin, however, you have to be aware of the possible correction and bear market, it could happen anytime so your patience will be tested and you need to make sure you can stand and survive so you'll be able to enjoy tomorrow. Bitcoin has reached $40k, not too far from reaching $100k soon, but don't expect it will right away reach that price, as what I've said, correction is necessary and it will happen.
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Marvelman
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February 07, 2021, 11:49:49 AM |
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Bitcoin has reached $40k, not too far from reaching $100k soon, but don't expect it will right away reach that price, as what I've said, correction is necessary and it will happen.
Yes, these price drops are a natural and necessary part of any asset. However, the Bitcoin price is still up over 500% since last year's low, so any decent size Bitcoin price correction should be greeted as an opportunity to buy more coins.
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haidil
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February 07, 2021, 11:49:53 AM Last edit: February 07, 2021, 04:29:02 PM by haidil |
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At the time of writing, the price of bitcoin is $39,500 and the coin is going towards $50,000 in 2021. As we all know, the total supply of bitcoin is limited to 21 million BTC but the demand of bitcoins is not. As many have already said, holding it for a long time is the best and the most profitable way to invest in bitcoin but the market can change over time and so does bitcoin.
Holding for long term is the best strategy when investing in bitcoin, however, you have to be aware of the possible correction and bear market, it could happen anytime so your patience will be tested and you need to make sure you can stand and survive so you'll be able to enjoy tomorrow. Bitcoin has reached $40k, not too far from reaching $100k soon, but don't expect it will right away reach that price, as what I've said, correction is necessary and it will happen. Are you sure btc will be $ 100 !!. Instead of thinking about it, it's better to think about the benefits, at least don't hold on to BTC for a long time
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saffira
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 07, 2021, 02:51:32 PM |
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Being patient is the strategy on crypto investment. But you also have to bear in mind that no matter how patient you are, when there is a correction,you should know how to handle the situation. It takes a long time to bullrun and really we cannot predict the future.
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