If BTC goes below 9K many coins will go down big time!
Be careful!
That's just one of the possibilities that will took place in the market. It's plausible to happen but there are many factors that are affecting it. I'm not a market analysis myself but I have a decent experience in cryptocurrency. News and medias can be one of the biggest factor that affect the market. Newbies tend to listen to other's opinion whether it be positive or negative which could slightly effect the price. But it's always the giant investors who effects the price greatly because they have the capital to move the price up and down. If the price really did go down, it's a good time to reinvest again and wait for the price to go up. |
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How many cryptos should Ihave in my portfolio? Are there one recommended diversification ( like having 3 or 4 coins) ?
It depends on how much capital you are going to spend and how much you are willing to risk. But ideally more than 2 asset of coins should be recommended. Also, everything depends on the coin you are investing into if you are going to profit or not. Before you diversify your portfolio, you should research about the project you are going to invest to because a lot of coins out there are basically scams and only few known are going to make you a profit. I suggest you take Ethereum as a necessity in your portfolio. |
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I think that's your opinion. Bitcoin cash is an altcoin and will stay that way. Also, Bitcoin cash is easily manipulated. It is use a a way for easy money grab, a pump and dump coin where early investors always win. Regarding @Bitcoin, I don't think we can take that down. It's not violating any rules of twitter and he is the real owner of that account. It might have the name of Bitcoin but Bitcoin hasn't been legally taken so it means anyone can use its name. It's the sad truth but we can't do anything about it. Unless there's something that account had done to be taken down. |
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Warren Buffet has a lot of experience when it comes to investing In stock markets which makes him a famous and one of the most successful person in the world, but cryptocurrency is different. Cryptocurrency offers a lot in the masses which makes it appealing and different. Smart investors know what's up and I know that Warren Buffet is investing into Bitcoin even if he doesn't admit. This is just his way of manipulating the price by using his influence and brainwashing those newbies.
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Proof of authentication post link Twitter Campaign Twitter Link: https://twitter.com/DominicBarsTwitter Username: @DominicBars Telegram Username: @DominicBars1 |
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Yes, you are correct. Students who can't find job in the real world because of lack of experience makes it into crypto. I myself is a student who studies Computer Engineering and cryptocurrency helps me fund my financial problem and also helps me gain some experience about the technology behind every cryptocurrency. I gain a lot of experience on how the market works too because of this. Crypto doesn't just help us fund our needs, cryptocurrency also helps us understand amazing technologies and the things we can do in it.
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Yes, this is the root cause of the current market decline. The market has recovered its ideal and people no longer blindly buy shit coin. They are beginning to understand whether this project is a good project.
I agree with you with that part. Last year was the year of the creation of altcoins where investors buy a lot of shitcoins for the hope of getting some profit but some of them are legitimately blind to the fact that this coins doesn't really have any use. Also the early adopters and airdroppers just sells it after getting some values. There's still a lot of altcoins being created that is useless but people are getting smart now, they are now aware of cryptocurrency which makes this year better. |
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It depends on you and the project you are holding into. Most of the time, token price tends to get dump at the release of bounty rewards which will dramatically lower the price. It would take months or even years to regain the original price if the project you are holding into are not that good. But there are projects who are really into the coin where they spends lots of money in marketing. If you think that the project would not succeed after the ICO, then I think you should sell those but if you have faith in it, then hold. It really depends on you and your research.
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I personally don't think that it is the good time to buy Bitcoin because base on my research, people tend to go to that rise of price and the real investors starts to sell their coin to get the profits. I think It would decline again in a few days. You should do your own research if you want to be clear of your investment. If you think that itwill continue to rise, then go for it and invest, otherwise, don't. This are just my opinion and I hope it doesn't really much affect your strategy.
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I think they are right about one which is the negative side of Bitcoin but the rest is just their opinion. I think there's nothing to wait for as the medias will try as hard as they can to spread negative news about bitcoin which I think is their way to manipulate the market. No one can stop them as we have the freedom to do so but we can stop listening to them and just go on with our life because that's how it works. Everything has its oppressor. They will one day realize that Bitcoin could change our lives in a better way.
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As you can see. Only millions of wallets are created which means a small percentage of population are using Bitcoin whether it be for trading goods or for holding. I think Bitcoin is still in its early stage of adoption. Some countries are still observing Bitcoin whether it will be beneficial to them or not. But I think it will be popular because nowadays, some websites and companies are using Bitcoin and other cryptocurrency as way of payment to their services and goods.
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There are many definition of the best investment for me though but still, I totally agree with you. For me the best investment is the safest for long term holdings yet gives high reward which is Bitcoin. It is the longest and so far, no one has beaten it yet and live to this date. I personally think that Bitcoin can still grow in the coming years because there are still a lot of people who didn't know about it. Also, the government is still against it because of the down side of it.
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You could do both for airdrop and Bounty. You could make an announcement for airdrop and fund it with small percentage of the supply and you could do a Bounty campaign for making your project around the social medias. If you are not going to do and ICO then do Bounty campaign. It is proven that Bounty campaigns really help a project gets around people. Also be careful when you are going to do an airdrop. People tend to have multiple accounts to participate in that.
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Most people who are new to cryptocurrency are mostly doing this because of fear of losing more profit because they bought at the very peak price and when a correction happen, they just sell because of they are afraid to lose. We know most investors sells when correction happened that's why newbies tend to sell too because of the trend. I think if you have really research and understood about your investment, you can control yourself of panic selling. Also, you can stop reading news about crypto if you can't handle it.
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