I Would create a coin,pump it hard,lure as much cryto people as possible .Crash it and take the profit.1 stone 2 birds. 1.I makes good profit out of it 2.Scaring away those players who came into the cryto scene simply eyeing to make some bucks without knowing what are they really investing in so the "bubble" statement where the major media are constantly promoting become a well accept facts. just sharing my thoughts. i didn't mean ripple. Good thoughts you are right XRP is just created to destroy our community,the bankers cant control bitcoin's dominance but if they can just create a cryptocurrency which is being controlled by these institutions that would slowly kill the decentralized cryptocurrency community.
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Hi Guys and Girls!
This is what i buy during the crash: NEO - at 80 dollars - climbing up slowly, just lovely, holding is rewarded in GAS (which is also expensive) LISK at 17 dollars - news coming up soon!
What do you buy?
Cheers!
I bought NEO too,additional holdings in a very cheap rate,ethereum is a very good choice to have when a bloodbath happened either way solid coins will surely recover in any bloodbath,the perfect time to buy is when the people are afraid to buy!
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Yes thats a very first thing most of the people will think but the fact that the total marketcap is declining people wont buy any of these shitcoins because it may still drop further,in my opionion the best thing to do is to hold and when these whales are done buying a lot of cheap coins thats the time the market will recover from these bloodbath.
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I agree the financial institutions are making all these bloodbaths,they are setting up a good entry point which they can buyback the coins they had sold in the peaks.The market will never be stable and thats the fact,not unless these people will stop making money from the common people.
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Investing in cryptocurrency shouldn't be too risky if we are really serious about mass adoption. The Stories about people losing their minds as a result of crash should get us thinking. Crypto should not be allowed to degenerate into a system it is trying to resist.
Every Cryptocurrency should have a stable version of itself people can switch to when they want. The best thing about the Stable version is that it will still increase the value of its main version when bought by investors. Example: Bitcoin goes up in price when someone buys a million dollar worth of Bitcoin.S ( Stable Bitcoin). Someone said this could be done with Sidechain but it would be difficult. Am sure you know what Sidechain means by now.
I think this will help keep crycurrency from dangerous crashes.
I have do disagree with your statement,cryptocurrencies will never be stable for as long it is not regulated which is not an option because these currencies are created to counter any regulations by the government,someone needs to control it before the price would be stable like fiats.
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Theres nothing new about this news,you are just making another panic at the market,stop spreading FUD the market hasnt yet recovered and the total marketcap is still declining,do you want to end cryptocurrency's era?
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Market fluctuation are always used by the whale investors. It's nothing more than their earning strategy. They buy quick making the market go up and sell quick to dump it to novice and small investors to let the market fall and again buy the coins for cheap. So, small investors should be aware of what is happening with their investment. My tips at current time. 1. If you are in larger loss, hold, the coin would rise one day. 2. If you are in small loss or profit, hold or sell, wait the market to stabilize a bit and buy. 3. If you haven't invested yet, don't jump in now, let the market stabilize before buying.
You are indeed right whales are spreading FUDs to have panic in the market which most of the weak hands will do panic selling and it will result to massive dumping ended up in a bloody market and thats the time that these big players are going to buyback what they have sold at the peaks,the market cycles will re-peat to an never ending cycle and this is how it works.
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the news headlines, fud, ban rumors in korea/china/india were all red herrings. even some of the dumbest people on the planet don't sell something that lost half of its value; they'll justify to themselves that it will go back up eventually (just like verge and bitconnect owners and most of us). of all the average everyday people you know: how many of them do you know that bought bitcoin at 1Xk and sold at <10k? my point is that the only people who would sell bitcoin at 8000, for the most part, are bots and whales that got it for 4000. the remainder of what's left after the crash will be most of the average everyday people. i know some people sold when the market cap was at 600b to avoid further loss. but most are stubborn holders.
Surely yes,might be 70% or more of the total marketcap was from the financial institutions who are making billions of dollars out from these poor investors,the market has gone wild and those who sold bitcoins when it was around $13k are probably celetrating and those who got trapped right now are obviosly in a bad situation.
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"Regardless, just because South Korea, China, the US and other countries can crush Bitcoin by issuing new regulations and influencing cryptocurrency prices, it doesn’t mean they can kill it". The above quote is from the research information I got when I was trying to find out why world government is fighting crypto. Please read the full text here: https://www.ccn.com/fighting-bitcoin-cryptocurrency-trading-threat-government-policies/ and make your own contributions. It will help cool the nerves from the crypto dip we are experiencing recently. Happy reading. Thanks Nice article in my own humble opinion government can only regulate the use of cryptocurrencies but they cant kill it,because other countries has already seen the good things which cryptocurrency offers,most of the countries that banned cryptocurrency activities like ICOs,trading are the ones who are in the power which clearly why they dont want cryptocurrency,decentralization will make people's freedom to transact anonimously which would have some negative impact,the government will find it hard if someone has done illegal activities like smuggling plus these transactions are not being taxed,which is the main reason why they are making their move to stop the cryptocurrencies adoption.
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Thats a good news,new investors coming in wont be victime by this ponzi scheme,less people will suffer to their greediness they should be sued by all of their victims.
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Yes mante,perfect time to go BTC and ALTS shopping market will recover soon so you can get a quick profits from it.
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You might lose your .045 BTC if you risk all in one coin,thats not a good idea do not put all the eggs in one basket it might be a waste of your time.
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Good read,i agree most of the alts wont surive in the future there are some factors to be considered BTC's price and the development of the coins,i believed alts that has working product/services are the only alts that will survive in the future.
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Im afraid your money might not recovered,sorry for your loss if the wallet doesnt support the altcoin you sent,probably it will stuck there forever.
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In the time like this,holding will save your ass and buying more cheap alts will make you a lot of profits when the market starting to recover.
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Probably because technical analysis doesnt work 100% here,fundamentals are more dominant in the market's behaviour if people received negative news about something or some coin,they will start to go panic selling not knowing if thats just a fud or its fact.
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This is why you need to do some research about your investment,not knowing a basic ponzi scheme will get you burned,as the word referral exist in any ICO or coins that surely is a scam.
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If that happens,someone like ETH will stand alone to replace BTC,if there is an alt that could replace BTC that will be ETHEREUM.
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Very well said,nice explanation for a newbie sure thing you did some research before you get involved in cryptocommunity,hopefully market will recover anytime soon bears will get tired and bulls will surely come.
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I tried to get one of my family members onboard back in 2013, but they refused and said that im getting myself involved in an internet scam,and that i should stay away,and probably i'm going to lose all my money... What's the story when you were trying to get someone into Cryptocurrencies? If they refused,what was their objection why they don't wan't to have anything to do with Cryptos? Or what ridicilous response did you get? Most of the people that i wanted to get involved in crypto laughed at me,now i am laughing to them while showing my new car,house and my fiats.
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