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Topic: cryptocurrency  (Read 19154 times)

oldbuddy

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Re: cryptocurrency
« Reply #150 on: July 24, 2023, 01:44:11 pm »
I don't understand it either but a friend has been doing really well with a app that she downloaded for first time investors for Bitcoin so I plan on downloading the app and with her help invest a very small amount, hopefully it will payoff in the long run!   
Sounds like a good idea Deb, but only invest what you can afford to lose. Of course the option I prefer is, only invest what you can earn online for free and you can never lose. Google my user name if you need more details.

I agree with you OB.  I don't understand crypto and bitcoin.  I read articles where people are being robbed by scammers and it is happening practically everyday.
I read in local newspapers where people are being scammed for Dollar Bills too, money is money.

Rickuda

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Re: cryptocurrency
« Reply #151 on: August 03, 2023, 03:09:15 am »
Think of Bitcoin as digital money, but instead of being controlled by a bank, it runs on a decentralized system called a blockchain. People buy and sell Bitcoin on various platforms, hoping its value will increase. It's a bit like investing in stocks but with its unique twists. While seeing your son making money is exciting, remember that the crypto market can be unpredictable. So, better use tools like white label cryptocurrency exchange to navigate it better. I hope that helps!
« Last Edit: August 09, 2023, 05:10:51 am by Rickuda »

oldbuddy

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Re: cryptocurrency
« Reply #152 on: August 03, 2023, 06:56:36 am »
Think of Bitcoin as digital money, but instead of being controlled by a bank, it runs on a decentralized system called a blockchain. People simply buy and sell Bitcoin on various platforms, hoping its value will increase.
Yours is a typical hope, but I am just as happy if it stays the same price from day to day since I make my money by collecting it every day and keeping it on deposit to earn Daily Compound Interest over time.

metsrock69

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Re: cryptocurrency
« Reply #153 on: August 03, 2023, 04:11:53 pm »
I am still new to the crypto currency phase. I do know the more you have , the better it will be in the future

oldbuddy

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Re: cryptocurrency
« Reply #154 on: August 03, 2023, 09:00:23 pm »
I am still new to the crypto currency phase. I do know the more you have , the better it will be in the future
With the normal strategy people follow (HODL) that is true, but only during a Bull Run when it goes up significantly. In my strategy, I use free faucets to increase my balance no matter what the price does and withdraw partially when it increases. Since my acquisition cost was zero, I make a profit no matter what I sell it for.

CallMeLerr

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Re: cryptocurrency
« Reply #155 on: August 04, 2023, 03:33:31 am »
Yes, I'm into the bitcoin craze, and I discovered apa itu finex while researching different platforms. I read reviews and feedback about various brokers, and Finex received positive responses. With their reliable platform and support, I can actively participate in the bitcoin market. Having a reputable broker like Finex has been crucial in my bitcoin trading journey.

EmmaWatson

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Re: cryptocurrency
« Reply #156 on: September 01, 2023, 01:43:51 pm »
While seeing your son making money is exciting, remember that the crypto market can be unpredictable.
I would say that crypto market is the picture of volatility.

oldbuddy

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Re: cryptocurrency
« Reply #157 on: September 01, 2023, 05:44:16 pm »
While seeing your son making money is exciting, remember that the crypto market can be unpredictable.
I would say that crypto market is the picture of volatility.
No problem. Once you understand how to keep volatility under control it can be your friend. I ignore the price and concentrate on earning free bitcoin every day, so no matter what the price is when I sell it I make a profit.

JonnyHeard

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Re: cryptocurrency
« Reply #158 on: July 10, 2024, 10:07:56 am »
The topic of investing is very interesting to me. Every person in the modern world simply needs to learn how to manage their finances and multiply them. It took me a long time to choose the right one for myself, it was difficult, there was a lot of different information. I finally settled on this site https://www.binance.com/. There is a convenient interface and a lot of useful information, there is the possibility of investing.
« Last Edit: July 10, 2024, 10:11:15 am by JonnyHeard »

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