Bitcoin and litecoin are almost the same. I suggest chose one of them , for me I'll go with bitcoin since its number 1 and litecoin is just a fork from btc.
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It's still better to hold bitcoin than eth but if you want to hold eth as well, use fiat instead. Bitcoin and eth are two different crypto and both are already long term investment in crypto market.
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Sure, its a good idea to invest in altcoin for long term as long as the altcoin has a bright future. Invest in altcoin that back up by a good community and possible has a stable exchange. These altcoins will not go down easily and your investment will grow here.
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Crypto currency has a lot of benefits. One is peer to peer transaction, you dont have to go to the bank to send someone from other countries. Small to minimall transfer fees and fast transactions. You can also trade crypto in an exchange and profit from it.
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I recommend you divide your investment to btc , eth , kucoin and neo. These coins have already proven a lot and has a bright future. Kucoin is just new but it has an exchange that will back up the coin. It also pays reward by just holding kcs same as holding Neo.
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We are still on a bear month and its the perfect way to buy. Comparing the data from previous years , I believe next month going to december, the market will recover.
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One of the pioneer and best wallet is blockchain.info . I have never had an issue with it. They also keep on developing the wallet from time to time.
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Its a good time to buy btc at the moment. The price now is cheap and there's a bigger chance to profit after a few months.
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I also believe the same. I think $6k is the lowest and once it goes above $6.5k it will continue to rise again. Just like the past few months.
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$2500 for ethereum is not impossible, given the value of the smart contract and the on going development. I believe it will reach that price or even more , time will come.
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I believe btc will rise again, even before december . These days are the days where a lot is panicking and cashing out their coins which results to a low market price. Bitcoin will still rise up , just hold and see.
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There are a few ways to invest in crypto without using fiat. One is you can join bounties and airdrops to earn crypto and invest on coins that you want. Another one is joining signature campaigns that pays crypto. You can also join multimedia campaigns that pays crypto when you write about their projects.
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The safest storage to store eth would be hardware wallets , especially if you have a lot of eth. You can also safely store it to myetherwallet if you only have small numbers of eth.
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I think hodling is the right thing to do, atleast you have a chance to profit again once the market recovers. Selling at a time like this is not good at all while everything is very low.
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I believe kyc is important for security purposes. Also to avoid scammers and using multiple account to abuse airdrops or bounties. This is important also to for companies to know their customers are really them.
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Most of the altcoins are inversely proportional to bitcoin price. These are the coins that goes up when bitcoin price decreases. These coins are good to hold as well as btc.
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I already profit a little from long term holding a few months ago. Then I invest again and wait for a few months to gain profit but at the moment the market is down and its a good time to buy more. Just have a few regrets because I get in when the market is still up but will trust and wait for it to go up again.
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Do some research first before investing. Check medium , twitter or forum for info about blockchain, crypto and bitcoin before investing. Make sure that you understand the risk and benefits of getting into trading and investing in crypto.
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It is a good time to buy altcoins now, the price is very cheap than last month. Just focus on the top 100 coins though and add coins that has an exchange like kucoin and binance, these will not go down easily.
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Yes one of the strategies is to hold the coin and wait until it goes up. Also by making the coin popular and having a community that trust the project would help for the coin to rise.
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