Idaho Bruk
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Everything posted by Idaho Bruk
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I converted my coins to fiat because my environment doesn't know the existence of Crypto Currency but if that is the case, I will still continue my journey but some small problem may occur because only few establishment in our country accept Crypto Currency but I think there's an alternative or solution for that
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Banks vs Blockchain technology. Where is safer for money savings ?
Idaho Bruk replied to Michal's topic in Crypto World
I think if we talk about safer money I think Bank is safe than Blockchain technology, but i think if we have a big quantity of Bitcoin we dont hold it in Blockchain we will use hardware wallet so this option is safer and less than Banks -
Well, yobit is the one who are exchanger that has lowest fees, and also this is a good exchanger compare to others because it can easily to exchange, no hassle like others that you need to submit KYC which is not good because you are giving the personal information from them
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Increasing the price of Bitcoin and other crypto currencies.
Idaho Bruk replied to josephrioveros123's topic in Crypto World
A Crypto Currency coin must have a mass adoption to increase its value because as I know when users increase, the demand also increases because coins have limited supply. I think we can apply this if establishments like restaurants, shopping malls and other simple businesses accept the Crypto Currency as an alternative in paying -
Are stable coins really advicesable to invest??
Idaho Bruk replied to Upright's topic in Crypto World
Yes, stable cryptocurrencies are useful for trading and investing because they maintain the percentage of profits when the market is in a declining position -
Crypto Currency and The worlds Economic growth indices
Idaho Bruk replied to Oluwaseun's topic in Crypto World
Perhaps the cryptocurrency could change the global marketplace, so the crypto-token or currency changes are very large. This method is not performed by other people, and you should then see how things work with your business, and it was nice to see the best time -
Investing In cryptocurrency takes times and research even if you invest a good amount of funds but the coins that you invested with did not have a promising future then your investment is wasted because you invested in a wrong coin Investing in cryptocurrency takes times and experiance and knowledge.
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Who believes that investing in crypto can make us leave out day job ?
Idaho Bruk replied to Maxtron73's topic in Crypto World
Don't quit your job, but if it has become quite boring, just, hold on until you have raised significant capital that would enhance your amount of profit every move of the market in your direction -
Now a days it's not a problem at all. Electricity is now everywhere throughout the world. And cell phone is being used as well by the youth or all age people. By mobile phone we can carried out cerypto. So electricity is not a big issue for crypto.
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Cryptocurrency is known by every person in the different country, it's domination over the Internet is huge, well it's because it is decenrtalized and no one is controlling it so that everyone can just easily use it if they want
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Bitcoin or crypto currency business can make you rich that is true, but the disadvantage is that crypto currency business is a very risky business, you can still make it with crypto all you need to do is be careful
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For me, the advantage of cryptocurrencies is volatility, good for trading. Anonymity and transparency on the network, that is, the total number and quantity at certain addresses
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So since i just joined here last month, the total amount i earn here in campaign is 0.0010 btc, it is not too big amount of bitcoin but atleast i earned not only bitcoin but also more knowledge about cryptocurrencies. I hope i can do more and earn more here
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Forex crypto currency trading this both are good platform's to invest, honestly I say I don't about forex but our some members says, forex is 5 trillion market, and daily some investors invest their money in forex and earn decent amount and crypto have 3 billion so much difference this both platforms, but in future also achieve this target in soon and give compition to forex
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Actually leaving cryptocurrency completely is not the best way because it loses interest due to the bearish factor. We just need to take a short break and start over
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I'm happy here. I can enjoy my work. This platform is good and safe enough. I can earn money from this forum. I also can gain a lot of knowledge from this awesome platform
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Banks below minimum balance fee VS Crypto wallets - no fee!
Idaho Bruk replied to kimberly24's topic in Crypto World
I do not see any point in using banks at all, since it is unreliable, the human factor will always be there and this is a huge minus for banks, the cryptocurrency is much more reliable in this regard -
Bitcoin price prediction is given by different people and newspapers , we don't be believe it . We can only read the fundamentals and technical analysis of Bitcoin . We don't believe blindly with others people prediction about bitcoin
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This volatility reflects the amount of risk that exists when we trade in bitcoin or altcoin trading. The higher the volatility, the more profit traders can harvest. On the other hand, lower volatility, for example during the bitcoin market session, means that the exchange rate does not fluctuate much and changes tend to be small over time. In accordance with the saying "High Risk, High Return", then if volatility is high, the risk increases, but the number of trading opportunities will also increase.
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What are the most valuable cryptocurrencies on the market?
Idaho Bruk replied to jruizv4's topic in Crypto World
In the whole crypto world don't hesitate to accumulate bitcoin in large percent then some valuable altcoins like ETH LTC XRP augment the remaining percent, if determine to enjoy profitable marketing of crypto currencies. Never doubt the progress of BTC provided you are patience, of course it shall surprise you giving you a bounty profit -
I think that is possible. Because if we withdraw to bank we need exchange our Bitcoin to fiat on exchanges. I sure some exchanges already taking taxes when we trading. So you can get your money with small tax. But if the government want taking action to giving tax on withdraw, i think that will make the problem
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What did you think of BTC when you found out it existed?
Idaho Bruk replied to magnes975's topic in Crypto World
At the time I thought it was a fabulous currency with excellent expectations for the future, I was surprised that it could receive payments from various platforms over the internet and send money to different users, I had no knowledge that it could make payments for services and transactions, inquire a little about Cryptocurrency and I saw that it had great support globally -
Yes it is secure to do crypto transcation. And also if you feel that your transcation can be seen by others people then instead of using blockchain , you can use wallet like coinbase and many others wallet where they dont use blockchain explorer and there is no chance others can see your transcations and your payment is also secure
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In this time BTC is going on the top in crypto market and it run all the crypto market but in future no one can say that whihc coins is going to be high in the crypto market may be BTC is still high also in future. ETH is also the best best and top value coins in the crypto market