Although I understand the benefits, I feel much more comfortable keeping my crypto on my hardware wallet rather than generating a paper wallet.
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Yeah it must be quite depressing for the individual involved, but I'm sure this is actually a fairly common story amongst those who got into or were given Bitcoin right at the very beginning & never envisioned how big it would become.
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It's always better to diversify to reduce your risk. I'd say keep 50% in Bitcoin & invest the other 50% in alts. Which alts? Well that's entirely up to you. Just gotta do your own research & pick the coins you believe in the best. Every member here will have their own opinion & none of them can be considered objectively right or wrong, so it's important you come to your own conclusions.
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Not worried at all. What has fundamentally changed with bitcoin between now & its peak of 20k last month? Nothing right? So no need to panic, the btc bull market will return soon enough ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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A good one to consider that has a lot of people excited is NEX, which is building a decentralized exchange based on the NEO blockchain. There's no specific date for the crowdsale yet but it's scheduled to happen in Q1, so it'll almost certainly be in February or March. https://neonexchange.org/
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The price will recover for sure. My prediction is the market will continue the recent trend for the next week or so & then in February we'll start seeing the bull market return.
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Yeah 2017 was a real breakout year. A lot of us only started getting involved form 2017 onwards. Lets see what the rest of 2018 has in store for us ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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I don't normally participate in too many ICO's but I must admit this one has got me excited. I've loaded up on some more NEO while patiently waiting for the ICO date to be confirmed & go live.
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I always look at these big market corrections as an opportunity to buy discounted coins rather than worrying about what it has temporarily done to the overall value of my portfolio. After all, I don't need to worry about the current price unless I am planning to sell. I really wish I had some spare Fiat to take advantage & buy the dip this time, but unfortunately I don't
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I think it's a whole mix of things rather than one specific event: China / South Korea FUD, people selling for the holidays, weak hands from new investors who had only experienced exponential growth up to this point, whales & institutional investors manipulating the price to pick up some discounted crypto etc etc.
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It's really frustrating for me personally because I need to sell some in order to pay some bills. Been trying to avoid it or at least wait until the price had recovered a little but it just seems to be getting worse. Normally the day to day price doesn't bother me because i'm a long time holder, but today's bloodbath came at the worst possible time ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) Watch the market make a spectacular recovery 2 minutes after I sell ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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At least 90% of these altcoins will die when the crypto bubble does eventually burst (not saying that's anytime soon, but it will eventually happen). That 10% that survive though will have seen their prices skyrocket for their current levels. Thats why if you're a long-term investor it's important to do your research on the fundamentals of any coin before investing, rather than just looking at 5 minute charts & asking 'when moon'?
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Bitcoin will always have the first mover advantage with the biggest brand name & biggest trust due to how long it has been in existence compared to all the alts. For this reason, I don't see Bitcoin dominance coming under serious threat just yet. However, any coin the solves the scalability issue first has a big chance to replace Bitcoin in the future, time will tell.
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At this point I don't thank there are actually that many treating his word as gospel. It's just that it's now common knowledge that anything he mentions will pump & dump, so most try to follow his words closely to buy anything he mentions ASAP & ride the pump themselves. This in turn makes the pump & dump even bigger. As a poster said above, a self fulfilling prophecy.
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This shouldn't have been very surprosing to many IMO. The alt coin rally in the last month or so has been insane! You could've picked pretty much any coin in the top 100 & made gains. To expect the market to continue like that indefinitely isn't very wise. Now does this mean the alt coin rally is fully over? Of course not. But helthy corrections like this are needed along the way.
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Yeah the FUD was pretty over the top tbh, as is typical in Cryptocurrency space it seems haha. The samrt money would have been taking advantage of the situation to load up on cheap coins.
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Yeah they\ve been having intermittent issues due to the high volume of traffic on their exchange recently, hence why they've been restricting new registrations. I know they're in the process of upgrading their system to better handle the massive influx of new users so I expect it to be running smoothly with unrestricted new user registrations in the very near future. For the time being we'll just have to be patient & anticipate the website to run slow every now & again. ot the best scenario but I hope Binance get everything resolved swiftly.
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For sure banks are scared of Bitcoin! It's a threat to their business.
The smarter banks will be doing all they can to learn, understand & implement cryptocurrency & blockchain technology into their businesses though.
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Buy low & sell high. Sounds so simple but can actually be quite hard to implement.
Look for support/resistance levels, avoid trading emotionally & don't buy at all time highs. Patience is an important skill to have when trading. Try & do the opposite of the crowd, if everyone is going crazy about a coin then that is the time to consider selling. Buy up the coins when hype is low, theres no news & not many are currently talking about it.
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Yes i think 2018 will be an amazing year for Bitcoin & cryptocurrencies in general. It won't always be smooth sailing because it never is, but I wouldn't be surprised to see Bitcoin around $75k by end of this year.
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