Following FOMO only will lead you for very risky trading or investment. Fomo may be only good at that time, however, not ever good for your own trading. Be more careful and wiser when going to pick the right coins for trading. IT is important enough because trading is not only for popular coins moreover because of fomo only. It needs a deeper analysis on the daily chart of the market progress and the trading volume.
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Trading will always involve a big challenge and risks. One you may get big profits, but other, you may also lose your funds. However, Bitcoin is still fluctuating. As long as we can read the market chart and cycle so far, we may know the right time to pick and buy the BTC and time for selling.
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I also ever think that I'm too much on worrying and complaining about the market condition without investigating what will probably happen in the next period. Well, this is too bad for me. And now I'm aware that the crypto world will be not overcoming in always easy ways. there need more patient, a wise decision, smart strategy, and also sometimes, long term waiting for the best deal. Never complains too much, focus on researching and analyzing the progress of the coins on the market.
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IEO is new way chosen for more trusted crowdfunding types. However, I also think so, we must be aware of certain IEO exchanges that we find out recently. Several exchanges may not be trusted highly, they are still new and have a small trading volume. However, to attract more investors, they sometimes have certain manipulation on the trading volume or price value. In this case, carefulness is a must needed before taking part in the IEO exchanges
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Bounty campaign is part of the project promotions. As long as the team wants to spread their coin/token in order to introduce more and gain more investors, it is still a good idea. Moreover, many people will believe more when the coin or token has been listed in a certain exchange. However, of course, it will depend on the strategy of project marketing. So far, I ever see several projects doing bounty whether they have been on the market and they are trusted enough such as Iskra, Eterbase, Livecoin, and others.
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First, it is better to put the link of the website of the project. Then, you must ensure whether the founder of that webiste is real as their advisor. Because sometimes scammers use a certain name to attract the investors. You need also analyze the whole members of the team, it is better to check and crosscheck them personally. Does this project have a real product in the future to release? It will be better to have so
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DO you mean gov vs altcoins only or all cryptos? So far, the governments give a different response to the cryptocurrency world. SOme agrree to receive the crypto world and they support this so much. But, some gov don t legalize the crypto, it leads the crypto is sometimes forbidden n certain countries. Of course, they have several reasons why such as the stability of the financial systems in the country, not trust thoughts on crypto, believe that it is used for money laundering and other crimes. And more.
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Sometimes, I see this kind of manipulation, moreover in the new exchange. They have some curious price charts and when we enter to get in, the price is changing so easily without any trading activities yet. Besides, there is also the fake one of the trading volume. Do I only think about it? But of course, I'm not sure about it and sorry if I'm mistaken,
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Coin market cap is always a good source to see the first market charts of any kind of altcoins in the crypto world. Then, we can check the coins on what exchanges they are listed. COmpare and analyze them whether we know which is pretty enough. For the other website? I still don't find them exactly which is legit.
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I think that Gowithme is one of the very promising projects as you mentioned. This project is now very developing and they have a great team to make many more interesting promotions and ways to introduce this coin to all people. In fact, their token is also increasing.
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The chart of how Bitcoin is increasing, developing, decreasing and then pumping show how this coin is very volatile. During the bear market, Btc is likley going to die. However, it can survive and make a big jump only in one month until now. The jumping market trend for bullrun is likely too fast and then it drops again. I think it is one of the ways of a market correction in order to set another price again. And of coruse, it really gives big impacts to all altcoins. Altcoins become very unstable, recently they are also dropping with a higher minus on red. But of course, they need BTC to be more stable in order to follow the increasing price stable.
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I think that several coins are valuable to be invested. If you want to invest in certain coins for long term investment, it is better to choose coins from ICO or IEO that are still ongoing. I think that Iskr can be a good choice, also Temtum or Auditchain. However, for the listed on on the exchanges, I suggest you analyze more about BNB, XZC, and also NEM
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I think that there is no perfect Bounty. I mean that so far, I never found the perfect bounty programs. There will be always the bounty with small rewards or high participants, not valuable tokens, scams, shitcoins, and many other conditions. However, I think that a good bounty may be the one with the continuous program, payment in the BTC or ETH for a longer time probably.
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Cryptocurrency is full of risk. I think that not only Uganda, everybody will say that cryptocurrency will always involve the risks and it is very risky. However, do you mind to take the risks? Or are you afraid? if we have no bravery tot ake the risks and manage the risks, it is better to leave the crypto world. For, we can learn from the risks and turn it to the profits if we know the ways.
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So far I know that a dead coin happens when it has no volume to be traded again on all exchanges. The charts are dropping and stop in one point. There is no buyer and seller trasaction for the coins and then it has no value again. The team is also only silent and no further correction happening. It better to avoid this kind of coin and ignore them.
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Thanks so much for this information. So far, I found so many phishing and scams in crypto world. Many are deceived both the funds and identity. That is why we must be careful and understand more about phishing. I'm sure that being active in this forum can also help us because they commonly provide real information.
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I also think so. However, important for me to divide my Bitcoin into some for investment and some for trading. And when trading, cashing out some funds are good ideas if we have more profits, but not all of the funds are cashed out. We must split them. Actually, I'm not afraid of investment, but I only have limited funds to invest or trade.
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So far, some altcoins are available to be alternative payment methods. However, not all of them are accepted. I think that it will be available again as we see that cryptocurrency is more popular and trusted. But, of course, it should be the trusted one, with most valuable rate.
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