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In crypto market you can not say definitely that how much you have earned in a particular period or over a period of one year. If only bull market is running then you can earn up to $30,000 or more. But, in the period of bear there is no specific earning. Maybe you can earn from the bounty or from other freelancer work up to the $500 or $1,000 in a year.
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The new cryptocurrency may be worth buying but not for the long term investment. Only if you trade for the short time or make investment for 1 month or 3 month until you make profit, then the new cryptocurrency investment become some worth to you. Nowadays there are many fake crypto are coming with their dummy project. So, be careful at the time of investment.
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The choosing of the exchange is a key factor that a project can survive a lot of time but I think the project viability in the long run will ultimately decide the project establishment. So, every team should come with a challenging project for their money pool in ICO or the IEO. If they are listing their coin within the reasonable time period then it will grab the investors faith. So, not look at the big exchanges only but you should have to work towards making your project better.
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I already bought many altcoins last year like, the giant ETH, BTT, PundiX and DBC. But, among these the PundiX is not well performing and others are a mixed perform. Again this year I got some other altcoins which may have give me more income in the coming year.
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In every investment the key point is the patience and you should have. You mention here that you have 14 Ethereum and you invested in some hype project and all the money. This is the first fault of you that you invested your money in one project or the asset. This is not the rule of the investment. Because investment says that neve puts all your eggs in one basket. So, I only suggest you that withdraw your remaining 4 Ethereum and distribute this in different crypto which are highly traded and the front runner.
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If you have funds, then I have a suggestion for you that first of all you should invest half of your funds in BTC and BNT and Ripple. Again I would like to suggest you invest for some top traded like Dogecoin, IOTA etc and invest in the crypto which prices are below $0.01 Like CAPP, Datum, DBC etc. and the high trading volume crypto.
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Yes, you can buy Bitcoin todays or tomorrow. AS, of now nobody knows what the exact value of the Bitcoin in todays days so, it is always gauged as undervalued. Again, some renowned team of the world like, Goldman & Sachs predicted that it will go $1,50,000 by the year end of 2022. So, this $10,000 level of the Bitcoin price also sense as cheap. So, buy.
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The Binance coin will never beat the Ethereum because both have different features and services they offered. The BNB coin is only the crypto coin which is represent the Binance exchange as a medium of investment for the Binance project. But, Ethereum has it's own blockchain and upon this blockchain several other cryptos have taken birth. So, ETH has unique project and it is the first choice of investment and demand also high in long run.
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These are the true fact that every newbies should know many basics before started in crypto sector. Whether they involve in token buying or the trading they should first know the functioning of the crypto that how they are working in the blockchain and the most part is the security of their token if they have purchased of going for trade.
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Yes, the Ethereum classic is in undervalue stage because whatever the result the ETH has given these days the ETH Classic still in normal mood. You can gauge the ETH Classic value as same as the Ethereum because both have same features and functionality. So, buy this coin.
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Here you have mentioned here that you have made 1 BTC just in 4 months from the Vitex exchange which is a complete decentralized and the investors are the real owner of this exchange who have VX coin in their wallet. They are receiving the divided from the profit made by this exchange. But the real thing is how much VX that you had in your account that gave you this much of earning and another thing is that how you earned the VX coin? So, explain about this briefly.
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There is no further use of the failed project cryptos like the Synereo Amp that you have mentioned here. I also had AMP in my portfolio and bought it in 2017 in very high price but now this coin has not a single penny of value. Like this coin there are many cryptos are also dead due to their project failure.
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Not only the future exchange but it has already numero one in the present time among all the exchanges. The Binance exchange has also it's own coin named as BNB which is traded in many exchanges with its own exchange is growing day by day in terms of value. Also, the daily traded value is growing hence the exchange go long and never collapse.
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The old coin I have now in my portfolio is many. Some of those are, BNT, ETH, DBC, STQ and BBK, NPX. But the worst that I have held is the BosCoin which is now a no value coin.
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I think the Bitcoin is the true privacy coin and here every crypto enthusiast should invest. The another I would like to invest in the privacy coin that is Dogecoin and still it has the many potential to go sky.
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