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FUD! FUD! FUD! That is what OP is spreading and for those who are giving any thought to this please don't yeah because bitcoin is not dead and it is so funny that a philosopher once said that the stock market is all about moving funds from the impatient to the patient once among us. don't be in haste to see bitcion rise or even the entire crypto market. But believe that it would finally rise and you need patience to earn from cryptocurrencies.
I say again HODL!
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Believe me mate the developments of bitcoin and the whole concept of bitcoin has already been introduced into some parts of Africa for instance South Africa. However the negative remarks from these African countries are mostly that bitcoin is a ponzy scam. This was the almost the same remarks when Satoshi first introduced bitcoin and so i am very optimistic that with time these countries would also come to the appreciation of accepting bitcoin as another payment method.
Hahah..not forgetting the Asian countries who are already engrossed into crypto projects. Currently most blockchain innovations are stemming out from these countries.
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Only folks who really don't know much into the trends of the crypto market would be much disturbed at this huge dip. Cryptocurrencies are volatile and one thing is that as they dip they also rise back. The best thing to do during these dip times is to either invest further into some potential projects or you hold your cryptocurrencies for the market to bounce back.
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The disappointment in the crypto market has actually astonished several people because so many were anticipating for a bull run of bitcoin but this never happened. Nobody can actually determine the exact trend of crypto market but for sure there is definitely going be rise in the crypto market in the near future. This has occured several times and there is always a correction of the crypto market and the amazing thing is that any time it dips at such level there it peaks at a new height. Don't be fooled by the FUD that is being spread in the crypto community. You better fill your bags with cryptocurrencies at this huge dip before the next wind of bull run
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There is actually no sense in comparing cryptocurrencies but it is quite unfortunate that it is one of the thing that most crypto noobs engage in. Most of the cryptocurrencies in the cryptospace have different projects backing the cryptocurrencies and each of these projects have its onw goals and visions. I believe it would be more prudent if can base our arguements and discussions on how to make cryptocurrency to be legalized than trying to punch holes in different projects in the cryptospace.
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This trend of cryptocurrency market has occured before and there is no need to panic but most crypto noobs are scared. lol...this new wave of the crypto market can actually take a long time than we all expected. But keep this in mind what ever happens after this correction we are definitely hitting a new high in crypto market.
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Well in this dip of the crypto market i would encourage each and everyone to invest more other than sell because you only lose when you sell. Cryptocurrency investments are volatile and always fluctuate from time to time but you don't have to be scared because the crypto market would rise again so either you invest or you hold your coins..
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Why would you consider holding bitcoin a bad idea just because its price has dumped? hahaha...you must be the new crypto noob in town. This is the perfect time to purchase the dips and hold your bitcoins. There is no point in selling unless you really don't know the sort of investment that you have gotten yourself into.
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That's very true because i remember i invested into one network marketing business and i lost heavily but ever since i started investing into crptocurrencies i have never suffered such a huge loss.
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Lol...what makes you think so. Just because some folks are sharing their piece of mind about selling their bitcoins and their remorse in ever investing into bitcoin does not mean everyone is doing same. Its kinna funny but y'all spread all sorts of fear in here yet you still hold your bitcoins. Maybe you can drop your address for us to see that you sold out. Don't give us a new address tho  |
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I think that would be an over generalization because there are so many potential and successful projects out there that offered airdrops to help spread news about their projects. The unfortunate situation that is happening these days is that most airdrops are turning out to be scams and offering coins that are not even worth holding.
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Ideally i would say you better invest into bitcoin but if you still want to into some altcoins then i would suggest you only invest in the top altcoins because currently many altcoins are crushing due to the bear market. many of them would not recover after the bear market so it is best to invest into the major altcoins which have very huge potential of rising after the bear market of cryptocurrencies.
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Bitcoin is needed to enhance faster transactions with regards to payment and also to reduce the cost of transaction fees. Many business personnel complain about the high fees that are charged anytime they make any payment order throuhg Central Banks. payment with the use of bitcoin is faster and cost less.
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NEO is one of the projects in the cryptospace that has a strong community and a very solid team, therefore investing into NEO at this current dip is a very great investment which can generate huge returns when the crypto market recovers from its dump.
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Well you can't really make such a conclusion because there are so many masternode projects that are running in the cryptospace which are not scam projects but yet still do not have any publicized team out there. Most development team and core team might wish to stay anonymous. It is rather unfortunate that most scam projects have also adopted this strategy.
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Selling is not the best of option in this bearish market. Selling at this point in time would only resort to regret in the near future when the market rises. I would rather encourage to invest into other potential projects in the cryptospace and just be patient for your assets to grow. Only crypto noobs are selling out of fear and i know they would regret it in the near future.
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Though cryptocurrency investments really do generate high income than other investments platforms the volatility of cryptocurrencies prevents several people from investing into it. Also the news about how people get hacked and exchange platforms also get hacked scare some people from investment into cryptocurrencies.
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That is very much possible and several members within the crypto community have fallen victims to that and it is better to use a hardware wallet to keep our funds safe. Staying cautious from the actions of scammers is quite difficult because they seem to change their ways every now and then but one simple thing that you can do to stay safe is to avoid following up on links that are sent to your email promising huge returns on investments. Also, refrain from sites that are not secured.
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I heard about bitcoin from a friend of mine when i was in college but i did not give it any thought because i thought it was one of those schemes that was designed to steal the money of innocent people. It was later in 2017 when i heard how much people are gaining from the investment into cryptocurrencies that i decided to have a look at it again. Currently i am a full time investor in cryptocurrencies and ICOs.
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