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yes, if someone comes only thinking of quick profits, I think it's wrong, because not all investments can be profitable. as far as I know investing takes a long time, patience, is not wrong in choosing coins, and is able to manage your money properly. and keep in mind that investment is also risky, I hope if you are a new investor, not to place your money wrong in crypto.
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My favorite Altcoin from the beginning until now is also like ETH, BNB, LINK, TEZOS. I personally believe in some of the above altcoins because at that time it had given me a big advantage when the market went up. Related to XRP and XLM, in my opinion not a bad choice, if you really believe in them then hold it and wait for the right time to sell it.
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$ 300 is a small value if you look at the ATH they have already achieved. of course, ETH will be easy to achieve if growth is still gradual. but it will be different if bitcoin stops continuing the current uptrend. it will have an impact on the value of ethereum in the market.
yes, actually not all altcoin depends on the increase of the price of bitcoin itself, generally it depends on market demand. but seeing the fact that the increase in the price of bitcoin is currently having a positive impact on some altcoins especially especially with ETH. I observe that ETH currently has good price growth, even I personally will never hesitate to add an ETH altcoin bag for the future. |
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investing with an ICO project or with cryptoqurrency always has its own risks, there is no such thing as investing always in your favor, of course there are times when you experience a loss or profit. for me fear in the crypto industry especially when I wrongly invested my money with a dead project, the product did not develop and mostly came from new projects.
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If you have not previously invested in a bounty project, I think you need to reconsider because investing in a high-risk project, especially if you do not have experience about ICO projects. my advice is better you invest in crypto that is clearly evident or included in the top list in this market, especially BTC / USDT to minimize your losses.
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it's one of the common ways that I often hear in this forum. but the problem is what coins do you currently hold? Although the market is unpredictable, on the one hand not all coins can last a long time in the market, let alone always have a high selling price. keep in mind that investing takes time and not as fast as you expect.
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I think all that is none other than money, maybe that is the main point of the project developer itself. on the other hand it certainly relates to the development of project products, market investment and project liquidity. every serious developer certainly has great expectations from the projects they develop for the future.
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Blokchain technology is an innovation for the future era, especially about Bitcoin which is a big coin in the cryptoqurrency industry space. although now many countries have legalized crypto or adopted blockchain technology but I don't think crypto can be used for transaction tools like paper currencies.
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not really, the most important thing in a project is the quality of the project product itself, how the team in marketing the project's products to investors, the product can be well developed and the project coins can be listed on a large exchange or have a high selling price, maybe more or less like that .
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There is no right way to get rid of a SCAM project on this forum, but you can still avoid it by doing detailed research about the project you want to participate in. be it the project work map, the products they offer, partners or the project team & developer background. keep in mind that almost most ICO projects look real, and you need to consider a hundred times before joining or investing in them.
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actually not only you, maybe for most prize hunters also think the same thing with you. but we also cannot blame them completely because this is a form of an ico project and was planned early on by the team and the project developer itself. as prize hunters we can only follow the rules of the project itself.
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I currently use the Binance platform, Binance is the biggest exchange in the Cryptoqurrency industry, on the other hand the trading volume there is always increasing, safe, easy to use, and of course I feel comfortable when trading there. even I think a beginner can also easily use it.
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yes, it can even be used as a market trend, I mean as we see now that the emergence of COVID is a serious problem in the world today, there are many countries affected by Corona Virus. and don't be surprised if there are many new projects that use the name COVID, this can be used for project fraud or other negative things.
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I think it's still too early to say about that, ethereum is the second largest altcoin in this cryptoqurrency market. yes, as we know that Binance is also not much different from ethereum in terms of platforms or users, but in terms of price aspects, Ethereum is far superior to binance.
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Warning strictly for Newbies!!!Do not ever try or think about getting loan or borrowing money to trade altcoins or invest, the damage will be so disastrous, many did this mistake in 2017 when all crypto coins are booming but I can tell you that until today they are still in heavy debt, losing your hard-earned money is better than losing loan money, imagine the frustrations  Crypto investment is a high risk investment plan and they only way to get by is investing only what you can afford to lose... take my advise and let it sink in your head. You are right. I think investing in crypto is not like we sell at a store, every time someone comes to buy, then at that time also makes a profit. Crypto investment is a long-term investment. Let's just say the money we spend on investment is a reserve for the future. yes,but not just any when you want to invest in cryptoqurrency. there are many coins out there that are difficult to develop, do not have a good sale value, hype, abandoned by investors etc. if you want to invest then I recommend only investing with top coins, especially BTC, ETH, BNB and EOS. it's a good choice in my opinion. |
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not all new cryptoqurremncy can give you as much profit or the same as your luck after buying cheap BTC and selling it at high prices at that time. you need to remember that investing has risks to each other, if you want to invest it is better enough with just the top coins. at least to minimize your risk of loss.
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in terms of investment, a stable coin like USDT or USDC isn't too bad because it can at least maintain the value of your investment. on the other hand you can use stable coins to withdraw or convert when you trade. if you want profit then you can invest with BTC or some of the top altcoins.
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my favorite altcoin from the beginning until now is still the same. like Ethereum and Binance both of these altcoins gave me a lot of benefits back then, so I always maintained them and even added some Eth & bnb for future investments. I am very confident with these two altcoins.
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that's an interesting choice. so I personally would choose both Ethereum and Binancecoin, because we know that these two altcoins have great potential for investment in the long run. although they have differences but both have their own platforms and profitable for future investments.
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