This is definitely a good advice for cryptocurrency investors but most people, when price plummets, they tend to panic and sell off most of their tokens at a loss. They do not want to hold their tokens. That's why you need to make research on the token you are holding as it should be the right tokens and also, invest what you can afford to lose
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Its just an investment tip that you should invest what you can afford to lose. If you do not have the guts of taking risks, you dont have to invest into bitcoin or any other type of investment because, investment in bitcoin comes with huge risk and huge reward as well. So, do your due diligence before investing into bitcoin
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In my opinion, I think it is not a bad idea if we can do it. If I visit shops and malls myself, I usually ask them if they accept bitcoin as means of payment. Its quite convenient for me and us all to make payments using bitcoin
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Wow, if this is true , it means that this is a big news for bitcoin and cryptocurrency at large as it means that, more users of Cryptocurrency would emerge and that would improve the price of bitcoin
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For myself, I have 100% belief in bitcoin right from the start as I was part of the people bitcoin improved his financial status. Many people scream because, they have lost money in crypto market. Bitcoin went from 19k to 6.5k and many people sold off and tot bitcoin is dead. So, that's they reason many people say that bitcoin is dead but of course bitcoin isn't dead. I believe in it and I know it would make new highs over the years
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You need to be more careful where u invest your coins in. Its better to hold your bitcoins and put them in a cold wallet or use your bitcoins to buy good altcoins for the long term. These are basically where you can invest your bitcoin
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The experience we have in this market now suggests that when prices are surging fast up, we need to be careful and make use of the opportunity by selling off the tokens a the peak. With patience in this market, we are bound to make significant gains in this market
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If you are a short tern trader, you can keep your funds in an exchange as you trade it constantly but if you are investing for a period of say 2 months and more, you need to keep your coins in the wallet you control its private keys.
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I wish you good luck on your trading but always be a conservative trader rather than being a aggresive trader so that you could manage your risks effectively in this industry. Goodluck
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Of a truth, cryptocurrency is the future of money. Many people do not know the potential of cryptocurrency as they think its one of those scams. However, I do not see cryptocurrency replacing cash outrightly but crypto is certaiy the future
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I have once exchanged bitcoin face to face before. It was someone that wanted to buy bitcoin as he was new to Bitcoin and he needed to see me to be sure that he is doing the right thing requested to see me. So, we met and we did our transaction. I have Also used bitcoin as well to pay for an item in a shop as well
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Getting signals from telegram groups have proven to be a bad idea as most of them do pump and dump unless the group is a paid reputable group. Another disadvantage is that, people tend to depends on these people and however, they do not try to learn how to carry out their own trades as well
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Its best to avoid any fake binance pump as this can make you lose a lot of money in the market. Anytime you see such fake pump, its best to steer clear off it as it could make you lose money if you join the pump.
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Trading is very risky and one must pay the price if one wants to start trading. You must be willing to take the risk but not just risk, a calculated one and stay a profitable trader overtime.
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Bittrex is a good platform in my opinion. But now, binance is far more better as it has a better volume and a nice platform and good interface as well and that makes it easy for beginners to start.
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Neo is a good coin to hold for the long term. Neo has strong fundamentals and I believe this is the last chance to get the coin this cheap. Buying neo is certainly a wise investment
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This is one of the best advises that you can give any one in the crypto industry. Holding many tokens on the exchange without trading it (buying or selling) prices to come with a bigger risk. Its less riskier to have your tokens in your wallet that you control the private keys
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I have quite a couple of coins that am holding on my portfolio. Moreover, the one that didn't depreciate in value is one of the coins am holding called Nexty. Nexty has survived this bear market and that is the only coins that I have that is holding good value. Others have plummet by -50 or more
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In order to start trading, you must acknowledge the risk therein in trading. You must learn technical analysis from an expert in order to trade effectively. Its best if you do a long term investment than do trading as you would be better off with that.
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I think, its depends on project which providing bounty campaign. If ICO have some potential, my piece of advise will be hold, but in speculative goals you may sell it when coins have pumped to a level. Thats my strategy
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