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Author Topic: interest in the cryptocurrency  (Read 216 times)
Arenga pinnata
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September 27, 2023, 03:40:28 AM
Merited by fillippone (1)
 #21

Know the risks and see the big opportunities. Prepare yourself, and if you are really ready then take the risk by investing in it. To be honest, I personally don't always have important information regarding bitcoin. It's just that I see some of the world's financial rulers as if they are afraid of Bitcoin. As if Bitcoin was something that could compete with them. So, from simple things like that, I can see what big things are in Bitcoin. And that was enough for me to convince myself to invest in it.

And currently Bitcoin seems to be indirectly accepted everywhere, either as commodities or as securities. Look at the SEC. They only have problems with some altcoins and crypto exchanges. But regarding Bitcoin I haven't heard much about what they are demanding. This is why I am starting to understand why only Bitcoin is truly decentralized and difficult to touch even by governments who want to make strict regulations.

But one thing I must always remember is that this is high risk. So I don't have to risk everything. I just need to participate in an amount that will not burden my mind. Because we know that prices can continue to fall down or they can continue to rise up.

R


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September 27, 2023, 03:50:06 AM
 #22

When making investing decisions in the unstable cryptocurrency market, keep in mind to check the veracity of your information sources and to proceed with caution.
This is quite confusing because you are investing in the coin, not the market. If what you mean is price instability in the market, then all cryptos including Bitcoin are like that, and the unstable price movements you mentioned are actually a way for traders to make a profit. What you have to be careful of is coins with small capitalization because coins like this are often chosen by speculators for dump and pump, and we could very well get stuck.
If you invest in Bitcoin then everything will still look safe compared to crypto, so far it has never disappointed its holders.

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September 27, 2023, 04:55:01 AM
 #23

When making investing decisions in the unstable cryptocurrency market, keep in mind to check the veracity of your information sources and to proceed with caution.

I know that, all decisions regarding investment, whatever the form, all come back to each of us, because what we take with our decisions is all a risk that we have taken to invest, regarding losses, at least it is already a risk and vice versa. if it is profitable it is our luck in choosing or seeing something valuable for our investment in the future.

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September 27, 2023, 05:56:28 AM
 #24

The regulatory landscape, market trends, new blockchain initiatives, significant price changes of well-known cryptocurrencies like Bitcoin and Ethereum, as well as adoption by traditional financial institutions or businesses, are some of the common subjects of interest in the cryptocurrency industry.
Also Remember:
When making investing decisions in the unstable cryptocurrency market, keep in mind to check the veracity of your information sources and to proceed with caution.

Bitcoin is safer and no longer requires information to be checked to make a decision.
The interest placed in bitcoin by many parties is because all the concerns are not there with bitcoin, but with other cryptos checking the source of information is still necessary before making a decision or taking action to be more cautious.
I am not an expert on bitcoin and crypto, but I find the truth that bitcoin is an asset that makes people far from disappointing.

R


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September 27, 2023, 06:00:00 AM
 #25

Almost all of the community investors here in the crypto space know that there is a real risk when we invest in any cryptocurrency or even Bitcoin. That's why we as investors also have responsibilities that must be fulfilled so that the capital that we will use in the long-term asset we choose to hold here is not wasted.

It is still important that we do our own research on any crypto asset that we see having good potential in the future and that the time we spend waiting for this thing is worth it.



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September 27, 2023, 06:27:28 AM
 #26


When making investing decisions in the unstable cryptocurrency market, keep in mind to check the veracity of your information sources and to proceed with caution.

The same is true for investments a person makes in the global stock market. There is always a risk associated with investment anywhere you invest. In crypto, if you are investing in well-known coins and know how the market behaves, then there is no need to worry. If you are putting your money in Bitcoin, keep one thing in mind, you are in for a long-term investment.
If you want to try your luck in trading, you have to excel in technical and analytical skills.
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September 27, 2023, 06:43:21 AM
 #27

Someone who enters the world of crypto must be aware that their decision to enter this world of investment carries risks and at any time their money can be lost if they are not careful. Analyzing the market and checking the information they receive is a must, because quite a lot of media are biased and they could be scammed by the information they get.
Especially for newbies, most of them are often exposed to scams or experience losses in their investments because their mindset is only about profit without thinking about the risks of the coins they buy. That's why knowledge about crypto is the most basic thing in the crypto world.

R


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September 27, 2023, 07:22:10 AM
 #28

The regulatory landscape, market trends, new blockchain initiatives, significant price changes of well-known cryptocurrencies like Bitcoin and Ethereum, as well as adoption by traditional financial institutions or businesses, are some of the common subjects of interest in the cryptocurrency industry.
Yes, it's true that the usefulness of Bitcoin is no longer hidden, and as such everybody now wants to take advantage of it's fluctuating price difference & invest in it as an asset now known to be far more better than keeping money in our traditional banking system for long-term investment by both the same financial institutions, businesses & private individuals who could have a clue how crypto works. So it's not a new thing anymore, because as time goes on, are we expecting to see a larger crowd in the adoption of cryptocurrency, and by that I mean Bitcoin to be precise, as it's the only coin that have been known to survive over a decade appreciating massively in value.

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.airbet.
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September 27, 2023, 12:12:24 PM
 #29

Before deciding to invest in crypto, someone must do research first to avoid making a mistake when starting.
But most people who invest in crypto started because they saw advertisements on social media or because they were invited by their friends to buy certain coins.
Instead of researching potential coins, they follow their friend's invitation to buy them, which results in them being unable to make a profit later.
This often happens because people are lured by offers that involve getting quick profits in a short time, even though investing in any field takes time.
But if they only invest in bitcoin and always buy it regularly, they can get that profit after 1-2 years.
But again, even if it is a bitcoin investment, they still have to research to find a good time to start investing in bitcoin.
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