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Nice post. I have a lot of finished bounty and most of them turn into a scam or the dev team did not pay all bounty hunters. So the time and effort that I wasted is my loss. I will try all the links that will be posted here and will have a thorough checking to avoid to loses.
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I am going to buy Loyalcoin because it has more partnership here in our country and it is still on its dip price, so good time to buy and hold it. The team is working hard to market their project and the support is very active.
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It is hard to say that the market is really recovering when its green because sometimes it will only last for a day then back to red days again with a longer duration. It is very important to know the technical analysis to avoid loses.
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Absolutely. One bank here in our country is adapting cryptocurrency and encouraging the others to do the same. Maybe 10 years from now, more establishment will be using cryptocurrency as the method of payment for a hassle free transaction.
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I am still holding some altcoins that I have and some were sold already. Depending on how good their project is and how active the developer team. My plan for the coin still I'm holding is to sell them on my desired profit in the future.
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Yes, it is a big factor to have a readily available product in every project because it shows that the project is ready to launch and the investors won't have to wait for too long to gain profit.
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For cryptocurrency investment, you can start with a small amount. The amount that you can still sleep well even you aren't sure if you can get it back.
If you are confident enough with your trading skills, then that is the time you can add some.
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Yes. Technical analysis is important to be studied by beginners. It will help them to minimize their loses and to be successful in trading of cryptocurrencies. Beginners should stop guessing what and when to buy or sell, instead analyze the market.
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It's a puzzle in my mind, which is the best way to put some investment in cryptocurrency.
Either buying it during ICO or those coins listed already in different exchanges.
I know being on this, we should be a risk taker, but where do I put risk?
Which do you prefer to do so?
Since a lot of ICO now turn to scam, I'd rather buy a coin where listed already on different exchanges. Not only that, some coin suffered from depreciation where its price in the market is lower than its ICO price. The risk is undeniable so the least we could do is to lower the risk of your investment. |
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Before, scammers are on pyramiding scheme. But they noticed that ICO is trending and much easier to scam people so they switch onto it. Aside from intended scammed ICO, some legit project tend to scammed their bounty hunters for the reason that we dont know.
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With the recent hack, I assume a lot of people will switch to something else, what do you think?
I still recommend using a hardware wallet over the safety benefits though.
Yes I still use MEW for my holdings. I don't frequently open my MEW so when the attack happened my account is not affected and the legit site of mew is bookmarked on my pc. Though, I am planning to buy a hardware wallet for more security of my holdings. |
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There is always a risk on whatever we do. No risk, No gain. "Only a risk taker can success" as they say.
The question is, what will be the result or how we can prevent failure when we take the risk?
In cryptocurrency we can prevent or atleast minimized failure if we study and understand everything before we invest.
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If that happen more people will buy bitcoin and wait till it reach its new all time high price. I will set my order now nearing on that price cause surely in just a blink of your eyes its price will go up faster.
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In my country crypto is generally accepted by 1/8 of its population due to negative news spreading about bitcoin over television which gives a high impact to people and lead to bad impression. However, some bank is supporting blockchain and the government will approve some exchanges as well that might open the mind of others about cryptocurrency.
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Hello guys i got really lucky and some of my altcoins received from airdrops have gained value.I want to sell it at its market price.Where can i sell it at its best price?
Also i am confused as to hold or sell the coins.The coins which i possess are at its initial stages so will its value increase with time or should i sell it now.Two of the coins are REBL and EQL.
You can sell your altcoins on different exchanges depending where it is listed. You should check an update to your holdings on time to time so you will be able to know where you can sell them. Then study your coins of it is good to hold by understanding its purpose. |
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To be honest, I am here for the money and don't yet fully understand how the blockchain works. But I am interested on the tech side and I know that for me to be successful on this, I must understand everything. That is what I am working on right now.
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Among of the three exchanges I recommend Binance because there are more traders there, more volume and more secure than of the others.
However, not all altcoins can be traded there so you still need other exchanges.
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Yes I do.Although there are a lot of new altcoins or ICO that were scam but still some are legit and has a good project that can be useful in every individual needs.
In the future, cryptocurrency will not just be a trend but a legal means of trading.
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That is very risky. But for me, if I have a lot of money I will not exchange all my fiat to crypto. Maybe I can invest 50% and 50% is for Daily needs, emergency fund and savings for just incase that I will not be as lucky as them. And surely, I am not going to sell our house for that. I cant afford to lose it.
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