Yes, it is a good time to buy desired altcoin as their price are low and when you hold them, you can sell at profit by the time the price rise. If it is a potential altcoin and also stable, you can hold long term.
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Ethereum will certianly rise higher to a very reasonable price before the end of the year possibly $800 and will increase more in the coming year because it a very good coin and has high potential to rise fast as long as the market remains stable and keeps rising.
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It might look weird especially to new investors of to people who are not patience because even in normal market, the price of goods fluctuate and same is applied to crypto because it is volatile but if you are patient and hold unto your coin in situations like this, you will make reasonable profit by the time you decide to sell because the market would have recovered and price of coin will rise.
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Do not feel too depressed with the current situation of market as it will on weigh you down and you might end up making a decision that you might later regret. Just continue to hold and wait patiently until when the market recover because this situation is only temporary and I believe the market will recover soon.
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The best altcoin for me will be ethereum. It has more advanced technology and promising potentials that when you invest and hold, you will make profit. It is stable and has a good blockchain which make projects adopt it for their transaction and it is the second best coin in crypto.
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I do not advice you to sell you bitcoin now as it may lead to loss because you bought when the price was high and selling now will be at low price. It is better to hold until when the market recovers, then you can sell at a higher price because the price of bitcoin will increase as soon as the market rise.
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I agree with you that ethereum is a good coin to hold because it has strong advanced technology which make transactions faster,it is cheap, it has good management team, it is the second best coin in crypto, it has promising potentials and it is stable.
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The difference between the two is based on the difference in their blockchain. Bitcoin address is used to store bitcoin alone and no other coin can be store in it while the ERC-20 wallet is used to store ethereum token and other related ERC-20 coin.
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For me, the 5 coins that I think will grow this year are ethereum neo wave litecoin and ripple because they have good potentials and are more stable and they also have a good number of investors who believe in them.
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I think this private sale is good as it helps boost the confidence of investors about the success of the project and this also helps to raise funds quickly as they invest a large amount in the project than the general public.
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Looking for good coin to invest in aside ethereum, you can try; NEO waves litecoin or ripple because they have good potentials to yield reasonable profit in the near future.
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Yes, you can still get rich in crypto if you buy now that the price is low and make sure it is a potential coin that is well dominated and hold on long term to enjoy maximum profit by the time you decide to sell because the price would have multiplied as the market will recover soon and prices of coin will increase.
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To me, what defines a successful ico is how well developed it is, the effort of the manager and management team to coordinate the participants that help promote the project, how much people accept and believe in the project stability, the white paper, the roadmap, the exchange where it is listed and the rating and how much they keep their promise to participants.
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Yes, ethereum is a very good coin to hold on long term as it has good profit potentials, it is stable, the second best coin, built on a very good technology with good management team, it is safe, reliable and secure. It also has a very large community and it blockchain is used for transaction by some companies.
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If I have 500$ to invest in crypto now, I will prefer to invest it in bitcoin because I know how potential the coin is and I know it will grow fast as soon as the market recovers and if I decide to hold it on long term, I will get big profit because the price would have risen far above the price I bought it.
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In my own opinion, this year looks like a bear year as prices of cryptos are falling so bad causing loss in many investment. I believe it should be stable before or by the end of the year to avoid a big loss in market. We only need to exercise patience until the market recovers.
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Though the price of ethereum is down already and we don't know what might still happen to it, I believe it will go up as soon as the market recovers because it is a coin that as potentials. As soon as the general crypto market recover, ethereum will also rise.
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With this amount, especially now that market price of most coin is low, you can invest in altcoin with potentials and great stability and you can also invest in some promising icos which have good project ideas and good managers and with the potential of becoming successful when it is launched.
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My favorite coin in this year is bitcoin and ethereum as they remain the best coin in crypto. They continuously improve their technology and they are very good coin with potential to invest in. They are stable, easy to understand and most icos use it blockchain for their transaction. These coin have great value and well managed by a strong team.
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I agree wit you on this but it still has some assignment to do in other to achieve this goal. Though it is a very good coin, stable and reliable with great potentials but relying on statement made by people will not b the only thing to help it achieve that goal but its continuous improvement in technology and it's efficiency.
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