I agree to this. Blockchain and cryptocurrency is the future of internet.
Given the increasing number of hacker attacks and theft of funds via the Internet, hacking of ordinary users and large companies, the blockchain may well provide a solution to this problem. Unfortunately, multiple reports of hacking exchanges led to the fact that people had the wrong opinion about the degree of security technology can provide.
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It seems to me that altcoins have much more chances for growth than bitcoin or other coins from the top 10. For myself, I decided that I invest in promising newcomers. I find little-known coins and see if there is technology and a unique concept there, and if I find it, I invest in these projects. Or start mining as for example Sound Money Coin.
Altcoins also have a high chance of falling. However, in the case of Bitcoin, you should understand that the entire market follows it, which means that when Bitcoin drops, so do Altcoins, but they never return to the place as quickly as we would like.
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I don’t think that Facebook will come up with something sensible with this coin, I mean that its application is not completely clear, it’s more like Facebook wants to keep up with current trends. One way or another, this will benefit the entire crypto market as the popularity of cryptocurrency will increase significantly.
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The main thing, and the only doubtful aspect for me is the fact that exchange coins are absolutely centralized and depend on the reputation of the exchange. In case of any problems with the exchange, the price of a coin will instantly collapse.
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I am sure it all depends on the general state of the crypto market, it is obvious that without overall growth, very few coins will be able to update their highest indicators.
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Looking at how the battle of cryptocurrency exchanges unfolds, I expect a very interesting and profitable presentation. I hope I don’t do as much nonsense as I did last year, haha.
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I see only that the crypto world continues its development, steadily and confidently, despite all the instability of the market. And this is good news.
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More than 90% of the coins on the market are scam to one degree or another, now this is not visible, but the further we move the more these coins will cease to exist.
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Only in the event that the project goes to a bad exchange after which the price is usually rolled down and the project's coin turns into garbage.
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And these chances are increasing every day, with the release of each new news about the successfully passed IOE. Everyone knows that ICO is dangerous, but IOE can breathe new life.
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This is already happening, the exchanges do not give a 100% guarantee that you will get a profit, but there is a guarantee that your money will not disappear with the developers.
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When bull run comes, everyone will jump in. I have a bunch of friends who were passionate about bitcoin 2 years ago are no longer talk about Bitcoin at this time - a sign that the bottom is coming. The crowd are sheep, they simply follow.
Of course, all those people who shouted that Bitcoin scam and bubble will immediately change their opinions and will pray for Bitcoin, encouraging everyone to invest in it, it has become too late.
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You have done an excellent job, for beginners your spreadsheets can be very useful. For myself, I did not find anything new or anything that I could use when choosing a company.
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No matter how you received coins, for participation in bounty companies, trading, or for investing in a project. It makes no sense to sell your coins at cheaper IСO prices, this is my main thought.
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It is obvious that more than 80% of the coins on the market have no use, the remaining 20% are not implanted in real life. Truly sought-after and useful coins will always grow in value.
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Yes I do, but ICO is just alternative way to gain some profit, I prefer do trading because it's more profitable in my opinion. Lately ICO is on it's hype, what just I mean is the Binance Launchpad, as you know BitTorent and FET are multiple times it's ICO price.
The above ICOs are rather an exception to the rules given the negative trend that has been going on since the beginning of 2018. And given the agiotage that is accompanied by every ICO on the binance, there are chances that we are waiting for the revival of the former popularity of this type of fundraising.
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I think that not everyone needs to start from the very beginning. Of course, 2018 was not the easiest year, many were injured, but these injuries are not fatal, they will heal and we can easily recover the lost.
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When choosing coins for investment in long-term, I first of all pay attention to projects that are able to implement their ideas in the future (3-5-10 years).
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I agree many scammers are lazy but I usually see laziness among the scammed ones who don't take adequate care of their assets.
Scammers are lazy because investors are lazy, this is what allows scammers to achieve their disgusting goals with obvious mistakes. This is a good lesson for those who neglect in-depth analysis.
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I keep my coins in different wallets, I support diversification even in security matters. Private keys are also divided into several parts.
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