Thats for sure as more and more big companies joining to crypto business as they realize it`s potential. Crypto becoming mainstream is just matter of time to become reality.
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Of course, they are filling their pockets on many ways. They invented this model and it is a good one and Binance should have it`s own piece of cake.
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When we had the last bull run in 2017 even shitcoins were profitable and that time everybody could make money on crypto. That the the investors were not much educated and they were investing without any research. During the next bull run it will not be so easy and many shitcoins will not recover at all.
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Bottom of the bottom should be zero so there is always place for further dropping. We all familiar with such situations when from the moment of the investment the price goes to different direction we would like. It is not only your privilege.
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ETH is the leading platform and it has great future as it has ongoing development and upgrades. A very committed team is behind doing everything that ETH remains the leading platform. Until many users chose it ETH platform there is no reason for doubt.
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It is a very good news for crypto adoption and nice partnership with Enjin wallet. We have to bear in mind that Samsung has Samsung pay with 10 million users and it could happen they include crypto payments as well.
That would be huge.
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This is why we need regulations on ICOs where they have to fulfill certain conditions to be considered as a legit project. Like the idea of IEOs where exchanges are some kind of guarantee.
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Stable coins are backed usually with $ or Eur and their price is stable around the backed price. There should not be such as cheap stable coins. Then that coin would face some problem.
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I agree that it is good for a project when there are many investors and strong community, but still I would not go to 1 $ 100$ would be fine for me as a minimum. 1$ investor is not a serious one and there would be many useless transactions.
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IEO itself is not a guarantee that you were not be scammed. It should be supervised by a reputable exchange, only then we should feel more confident.
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If I would have to name some alts for long term investment then ETH and ADA would be my choice as they are undervalued and they suffered a lot last year and they will recover in the future for sure.
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This is a speculative market but I agree we should invest in coins with strong use case and working products which brings something new and progressive to the market.
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The amount of the raised funds are not necessarily determining the success of the project.. Some projects needs bigger funds and some other not. It depends on the project itself how many developers has to be involved etc.
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IEOs will also need advertising and bounty campaigns. The only thing will change with IEOs is, that we will not be in danger of advertising scam campaigns as they won`t go through the filter of the exchanges.
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Cryptocurrencies and the technology behind evolves constantly. Many ongoing development, mass adoption and big companies starting using crypto even banks like JP Morgan having it`s own coin the JP coins. Things are moving into good direction.
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We own our private keys only on decentralized exchanges this is why I prefer them even if they are not user friendly. On centralized ones if they are hacked we can lose our funds, this is what I hate the most. Another thing I hate are the withdrawal limits. I keep my funds on exchanges only when trading.
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There was a pump prior to the ETH hard fork. Now the market is slowly moving up and ETH is following it. It should increase even faster than the market as it has a lot to recover.
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It is true that after listing, most of the tokens have lower price than the lower price was in the ICO. I could not allow that the ICO take me down so I always have an exit strategy. Not investing at all lately.
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Being in crypto we are already taking risk, but we should not take a blind risk. By learning and doing our own analyses we are reducing the risk and increasing the potential reward.
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