The best thing you should do if you are willing to invest in cryptos is to trade and experience it. And I would prefer hodling now than trading because of the movement of the market recently. It is not really advisable to trade now so it would be better to just hodl it instead.
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I’m so sorry for your loss and I know how that feels and the saddest thing about it is you feel helpless and weak. And the fact that you can’t do anything about it and can not get it back makes it even worse. I encountered the same scenario before but I let it go now and focus on what I have now even if it does not compensate the amount of tokens I had but I make sure I won’t create the same mistake again.
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I think children should be taught the basic needs of being successful someday. We should teach them about how to save and what is the value of money so they will know how to spend them and invest them someday. It’s like inculcating their mind in preparation for the real world when they grow older.
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It really depends on the success of the ICO and its demand when it gets listed on the exchange. But most of the time it increases a month after or more after the ICO and sometimes reaches around 6 months before it increases back to its ICO price.
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The qualifications I look for on a new altcoin is I always check the project if it is worth it. Like checking if the team is active and the founders as well, and make sure to follow their social media accounts they have and the telegram group to know if the project is working too.
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Those who sold their Bitcoin last February are not on loss as of the moment because Bitcoin currently is around $6k and I’ve read and heard somewhere that it might plunge down to $2k this year. I’m not sure if it was true but it is possible so big investors can join in and buy Bitcoin at a low price.
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It is somewhat true because if you had invested earlier then your coins would be worth more than twice the amount you bought it in but if the amount is your priority then you would not feel much that you have gained from your investment.
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If I had the money for investment I would choose both rather than just choosing one coin. Remember the rule of diversification, always divide your money in different coins for investment so you wouldn’t regret for just choosing one coin. That was my mistake back then when I started trading when I just chose Bitcoin when I could’ve bought Ethereum too when its price was so cheap.
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I don’t think it is the end of cryptocurrency nor Bitcoin just because the price is dropping. I even heard it might drop to maybe at least $2k and correct its price again so that big investors can join in and buy digital currencies at a very low and cheap price. And of course itnis possible since these cryptocurrencies have been slowly known worldwide.
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I agree and that’s exactly what I am doing. I don’t listen to negative things mentioned anymore because it sometimes can cause panic and once you panic, you think of selling your coins before it has no value anymore. So whenever the market is down, what I would do is just to check my porfolio maybe once or twice a werk because I intend to hold my coins for long term so there is also no need for me to check them everyday for an increase or whatnot.
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My plans for my altcoins is to hold them for at least a ywar or when its price increases twice then I will sell them and hold bitcoin for long term. But when I bought altcoins way back and saw that it increased more than twice its amount I bought it in, I decided to keep them for long term instead.
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Btctalk name: okissabam Rank: Sr. Member Current post count: 981 BTC address: 3QhX8wWw3Q7PtnPBFRQ4D1SB8rdKzNV4Tz Wear appropriate signature: Yes Wear avatar: Yes
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Depends but most of the time if bitcoin does dip down just like what is happening now, I buy bitcoin and hold them for long term. And if I have an extra budget for investment, I would buy an altcoin too.
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I agree with the first 2 coins on your list OP, however the the rest of the three coins on your list are not really on my priority. I'd rather choose XEM, TRON and SC though as my top 5 coins to be kept on hold.
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Very informative article however there are still a lot of people who keeps their coins and tokens mostly on exchanges rather than putting them in a safe hardware wallet or offline wallet even though it is very risky to do that.
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In my country, if you have no job or did have a previous job and you contributed tax then now if you are not working but are earning from this forum what I did is I pay my tax manually. Although I don't have a job, I state their that I am a freelancer. I can't say this is an online job because then, you would supposedly have a boss or someone to report to or whatnot.
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I think bitcoin and some other alternate coins will increase 25% on the third quarter and hopefully continue to rise on the last quarter of the year as well.
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I wanted to stack and buy a good amount worth of Ethereum but the problem is I dont have an extra cash for me to buy them. But if I had money though, I will definitely buy them and hold them for long term.
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I dont think its illegal because I know some who does that. And it is your own discrepancy if you want to sell your bitcoin in exchange for cash. We all need cash thats why some ventured to trading their savings money so they can gain profits and will eventually withdraw them when they need it in cash too.
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It really depends on how you look at it or if that's your impression based on the things you've read about bitcoin or alternate cryptocurrencies. Because if you have experience everything from scratch, I'm sure that won't be you perception of how things are. But that is just one of my opinion too, to each his own as they say.
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