At the moment we are seeing a downtrend in the industry, and few people want to invest in such a time. Also, scam projects that simply want to collect money have not gone away anywhere
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Well, at present, the capitalization of currencies is very far from its December peak. And this peak is not the limit after which people will cease to invest in cryptocurrencies.
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In the bitcoin's history were even longer downtrends so everything is going well, you will sell another half for $40K later
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Monero is a coin with strong privacy that exists already few years so this is not a bad choice to invest, like any other coins that respect anonymity.
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If you want more profit then you must accept more risk. Higher returns mean risky rates for little-known projects, constant researching of new currencies and different whitepapers.
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I do not like this project because it is hardly centralized and dropping of a single main server will freeze all blockchain.
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People go to the crypto to get easy money and feed whales instead and then complain at this forum. For the successful trade of cryptocurrencies it is necessary to have at least minimal knowledge of blockchain and projects.
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if some groups start talking about a new project, I spend at least half an hour to study it. Mostly I draw attention to the team, whitepaper, and whether the idea can be implemented without blockchain.
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Facebook's actions can be understood. By that time, a lot of scam projects were using Facebook advertising and many people have lost their investments because of that.
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It's different currencies with a different purpose, no sense to compare them. Bitcoin equals gold, and Ethereum - distributed computing machine.
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Almost every altcoin tries to be better than bitcoin, add some additional features, become better, faster, stronger. Read their descriptions, they are all different.
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Yup, bitcoin was a much cheaper year ago. For some reason, people think that crazy growth in December was normal. Actually this fall is normal after that growth.
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I'm investigating developers, are they somehow known, what is their work experience. Sometimes solid business enters cryptoarena, for them I have more trust
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Now we have difficult times with an uncertain future. However, Ethereum still remains one of the best cryptocurrencies and continues to evolve so holding Ethereum is not a bad choice.
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Just check those famous altcoins that exist for years, like Ethereum, Waves, Monero, Litecoin etc. They have proven their reliability.
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I still hope that the next economic crisis will not be soon. in any case, people can start to seek refuge in cryptocurrencies so it may even be good for crypto
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Big trading volume and low volatility exist only at mature, stable markets. Crypto does not belong to such markets, it is still very young environment.
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You need to diversify your investments, choose wisely and invest only in projects that you have checked personally and believe in them.
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Waves developers are working hard, cannot say anything bad about them, really nice ecosystem, but Buterin and his team also do not rest, so Ethereum still wins
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People that telling about a Ponzi scheme still exist? Those people need at least to read that famous 8-paged whitepaper. Time will show, who was wrong.
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