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investment in cryptocurrency

Discussion started on General Cryptocurrency Discussion

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In my opinion, cryptocurrency does have a high risk level. The price is very volatile and changes all the time and the changes are very drastic. That can be detrimental to our investment in it. But if we can take advantage of these fluctuations, we can also gain very much profit. And we can also invest funds in it for our future. But it must be accompanied by the right village so that we don't lose out in the future. Because cryptocurrency trading for me is very risky.
#16 - February 11, 2019, 07:53:58 AM

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In my opinion crypto is the future currency and how we react to it, like real money used to play casino, it can, crypto can also be used by casino players, depending on your use:)
just like why it is created in the first place.
it is just a normal payment method, and also try to minimized the needs to use bank.but since its price so volatile, it becoming a means for investing. 

as long as it ring profit, I think you can see it from very different view.
#17 - February 11, 2019, 08:49:34 AM

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just like why it is created in the first place.
it is just a normal payment method, and also try to minimized the needs to use bank.but since its price so volatile, it becoming a means for investing.

as long as it ring profit, I think you can see it from very different view.
used as a payment method to replace the money function, in some countries cryptocurency is prohibited, and that is one of the factors that makes some cryptocurency prices fall.
#18 - February 11, 2019, 08:59:56 AM

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used as a payment method to replace the money function, in some countries cryptocurency is prohibited, and that is one of the factors that makes some cryptocurency prices fall.
for the moment yes sevral counties has been prohibit it from being used. 
but also Ohio has already accepting it as a tax payment method. So we can expect more country will follow that step
#19 - February 11, 2019, 09:03:43 AM

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just like why it is created in the first place.
it is just a normal payment method, and also try to minimized the needs to use bank.but since its price so volatile, it becoming a means for investing.

as long as it ring profit, I think you can see it from very different view.
Minimizing the use of the bank I agree, most people will waste their time depositing into the bank and waiting for the crypto queue we can transfer without having to wait and send directly ..☺
#20 - February 11, 2019, 09:11:32 AM

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Bitcoin trading is not the same as a casino. that's all you need to understand
#21 - February 11, 2019, 09:14:41 AM

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Minimizing the use of the bank I agree, most people will waste their time depositing into the bank and waiting for the crypto queue we can transfer without having to wait and send directly ..☺
Its so much faster and reliable. also no one can freeze your fund. Unless you are losing the wallet data and private key.
#22 - February 11, 2019, 09:31:03 AM

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Its so much faster and reliable. also no one can freeze your fund. Unless you are losing the wallet data and private key.
right guys

but we must also be careful with hackers ... we must use the second security google.authentication ,,
#23 - February 11, 2019, 09:46:20 AM

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right guys

but we must also be careful with hackers ... we must use the second security google.authentication ,,
if its an exchange wallet, you need to protect with 2FA or google authenticator.
but that wont help much if the exchange is hacked, just like what happenign to Cryptopia, its an exchange from New Zealand. Losing a lot of fund because of hacker.

for me, if you have a lot of Bitcoin, having an offline wallet will be much better, but you need to keep the privatekey secure, and never lost it. otherwise you will lose all you fund. locked away in the chain.
#24 - February 11, 2019, 09:58:08 AM

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if its an exchange wallet, you need to protect with 2FA or google authenticator.
but that wont help much if the exchange is hacked, just like what happenign to Cryptopia, its an exchange from New Zealand. Losing a lot of fund because of hacker.

for me, if you have a lot of Bitcoin, having an offline wallet will be much better, but you need to keep the privatekey secure, and never lost it. otherwise you will lose all you fund. locked away in the chain.
glad I know you, you have a lot of knowledge, so I learned a lot from you, when did hacking happen?
In my opinion, Cryptopia from New Zealand, security is very strict?
I think the hackers are great ... what is the nominal amount they managed to take?
#25 - February 11, 2019, 10:07:02 AM

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glad I know you, you have a lot of knowledge, so I learned a lot from you, when did hacking happen?
In my opinion, Cryptopia from New Zealand, security is very strict?
I think the hackers are great ... what is the nominal amount they managed to take?
I am still learning also just like we all are.
The hacked was happened around January 14th, And the hackers managed to get a way with 16.1 Millions worths of ETH.
that is alot of money.
and the latest report says that police has founds a way to track down the hacker.
#26 - February 11, 2019, 10:29:44 AM

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bitcoin or cryptocurrency is still not fully said to be good for investing ... 
because it's still not recognized in some parts of the world ... 
but there's nothing to try new
#27 - February 13, 2019, 11:23:47 AM
« Last Edit: February 15, 2019, 02:38:07 AM by Purple »

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Cryptocurrencies may have a practical future as currencies, but they are not investments. They are simply a speculation, no better than a casino.

what do you think about the sentence?
my opinion on cryptocurrency might be more of a long-term investment because what I know is that crypto is very good for saving land for the next few years, indeed on the basis of the movement of crypto it is very improper to be able to increase by 100% and can fall by 100% very short, but for the long term it is very possible to make land saving, because it has a stable market segmentation in my opinion and also its global spread, maybe in the future the money we use in the physical form will be replaced in the future by digital money in this case (Cryptocuurency), this is only my opinion, hopefully it will benefit us all,
#28 - February 13, 2019, 03:09:13 PM

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From the deteriorating price of bitcoin which is the opportunity for investors who use it, so it needs a strong estimate with accurate analysis so that investments can be answered with the expected results so that it is appropriate that bitcoin can be used for long-term business.
#29 - February 14, 2019, 07:22:28 AM

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Cryptocurrencies may have a practical future as currencies, but they are not investments. They are simply a speculation, no better than a casino.

what do you think about the sentence?
In my opinion cryptocurency is not an investment instrument because it has a high level of risk also if the value of the cryptocurrency drops dramatically it will automatically suffer a lot of losses.
 It's better to buy gold bars for an easy investment or buy stocks at a low price.
#30 - February 14, 2019, 08:06:39 AM

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