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Linkkoin

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  1. Some of the ICOs turned to be scam, because they relied upon popularity/fame of known currencies (like Bitcoin). Other ones failed as to provide solutions which were innovative and brought some development and progress. As people did not need cryptocurrency with the same characteristics as many other ones, the trading volume had been dropping, miners started to abandon the blockchain of that crypto. As well some of them were made just for pump and dump schemes. This is why on our exchange we have original and trustworthy exchanges.
  2. Considering the fact that transfers are fast, global and almost free, cryptocurrencies can be very useful for all the charities. Even in countries, where those chartities may not receive funds in fiat currency (eg. human rights charities operating in Iran).
  3. The only guaranteed profit you have with crypto is if you buy low and sell high. Examples - if you bought LTC in December 2018 ($20 bottom) and sold it at $200 level (2019 peak, couple of weeks before halving), then you would have made 1000% profit.
  4. Linkkoin

    Why Panic

    Such panic was perfect moment for investors. The panic we currently have is as well beneficial for investors.
  5. The ways you can buy and sell Bitcoin are regulated. As well the law defines which wallets are on the blacklist and therefore if you send/receive BTC to these addresses, the authorities may become interested in you, as a person involved in illegal activities. In the near future there may be as well an attempt to enforce that you need to be registered with your BTC wallet and subject to extensive KYC if you want to own eg. more than $1000 in BTC.
  6. Still we should bear in mind that XRP is not an investment cryptocurrency, but a tool for sending funds all across the planet almost instantly and almost for free. This is what many people interested in cryptocurrencies forget. Not all of them are just for investment - some are dedicated for other usage.
  7. Within bull and bear markets remember that there are corrections. This means that for shorter period we have an opposite trend from the general one (like for 6 months in general price is rising, but during this time we have periods when for 3-4 days in a row price goes down). The corrections often happen if you reach some psychological barrier (like eg. $10000 price level). If you know how to detect them effectively, you can make good profits from them in the short or midterm. In order to find them, you can use such means of technical analysis as moving averages, daily trading volume or even candlesticks chart.
  8. Unless its reputation is going to be hit REALLY hard. Like someone getting the access to most of the supposedly lost Bitcoins or Satoshi will turn out to be CIA team who invented BTC to cover their black budget.
  9. Of course! Especially because you can make a beautiful paper wallet! But please inform the one to receive that gift what it actually is. No one would be glad to learn after a year or two that they put to the rubbish equivalent of $1000, as the crypto prices went up by few hundred percent in the meantime!
  10. In case of online wallets or android apps - you need to check their reviews, numbers of users (as small and unknown wallets are more likely to be suspicious). Yet if you are speaking about a hardware wallet, there might be two cases where it may be suspicious: 1. You buy a very cheap hardware wallet from unofficial retailer - this could mean there is something wrong with that wallet (it might have a preinstalled software) 2. You buy a cheap used hardware wallet from an individual - in both cases you should contact the support of the producer, and if they confirm this is an original product, you should ask them how to reset them to the factory settings. As well use trusted brands.
  11. USD can stop existing only in two cases: 1. NAFTA countries adopting a new common currency (like most of the European Union countries which abandoned their local currencies for Euro). 2. The United States would stop being a country due to some reasons (peaceful dissolution like once with Czechoslovakia or civil war like in Yugoslavia). With Bitcoin this could be potentially easier to disappear, yet the question is when. Most of the people expect that on some stage BTC will disappear anyway. In distant future - as the technology will progress we might abandon cryptocurrencies at all or find a better one than BTC, which is going to lose its fame and reputation. For now it is as unlikely as disappearance of USD.
  12. The closest Twitter will ever get to giving away tokens/coins would be when its users will tweet about such occasions for some altcoins. Still, TT is a good tool to follow reliable crypto analysts whose tweets inform you about important crypto events or provide you with technical analysis you can use for your own good, as well as checking fear/greed factors in the community.
  13. This is how HODLing came into being - some people bought BTC at peak, before MT Gox hack, and instead of selling with huge losses in panic soon after, they waited patiently. And as a result, in December 2017 they had been the winners.
  14. Due to the coronavirus, which affects global industries, tourism and internal consumption - we should see a financial crisis taking place this year. We can easily expect the new financial crisis this year. If it happens - we will see crash on stocks and massive inflow of funds in cryptocurrencies, possible all time high for BTC this or next year. The worse scenario for stocks and national economies, the better for Bitcoin.
  15. speculation might be bad and against some religions - but you can always use cryptocurrencies as a tool for fast transfers abroad (XRP), for the delegated apps (ETH), or to save your privacy (XMR).
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