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Same as you, I usually use ETH for trading purpose, ethereum is a very convenient coin for investing in cryptocurrency. I use it to join and participate in ICO and also for long term investment as I see ethereum being one of the most profitable investment in the future.
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Indeed!
I'm one into this, I think Bounty managers, ICO projects should look into this because many bounty hunters are not really into their coins/tokens they are into the money that they will get after, and this results for the price being affected i've been in one project where the company really hold the bounty tokens for so long I mean they literally paid the bounty hunters 3 months after the ICO is release at the first two months the ICO price is doing great but after distributing bounty tokens the price went down really low, I don't generalize it but most of all the sellers are bounty hunters.
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I've been interested in cryptocurrency for the reason of bounty campaign where you can earn profits working under some company/project through ICO but going along staying more time in the forum searching/gathering information and knowledge about cryptocurrency i've become more interested and impress by how it started and how it came to this point. It gains respect and popularity of a massive audience.
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Indeed, the market right now is clearly on red, I have all my potential coins going down, prices going really low and it started to sink in my thoughts that this is the fall but when I think about it, this is also the time to buy potential coin that you think can comeback in this bearish market but have to say to be careful because no one knows if this is the end or just the beginning.
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I don't know if this is real but right now most of my coins is going down really really low to the point that it is nearly 0.00 usd I don't if I'm just holding not so good and no potential coins/tokens or the market is really going down but still have a positive outlook about the cryptocurreny and hope it will come back to it's real value soon.
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In the past there are a lot of companies/business who accept bitcoin as a payment, it can buy you pizza, a wardrobe and you can even use it to book a flight but as we go forward many companies/business are turning down bitcoin and accepting it. As of now I see bitcoin as an investment like in the stock market.
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Satoshi Nakamoto the brilliant person behind this cryptocurrency, honestly I still think that they are only very few people who knew who is satoshi nakamoto really is because if there are a lot of people who know him then this person will not stay unknown up until now.
My theory is that Satoshi Nakamoto is dead, A theory of Hal Finney the first person who receive a bitcoin transaction but Finney passed way in 2014 from ALS.
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Thank you for sharing that wonderful statement of yours and I hope it will come to handy someday.
It is true that there are a lot of ICO who are just scam, but in my experience in cryptocurrency what I do is to avoid scam is to buy it when it is already available in the market, ICO phase is something I don't trust completely and this is my way of protecting myself to some scamming incidence.
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I know bank investment but you will not lose some money in that investment because they use it to lend in to some organizations, business it is completely no risk at all but has a very little investment return I don't know and had no idea what is that bank investment in your country. Bitcoin is a very risky investment it's price is very volatile but the greater the risk comes the greater the reward you just have to be ready to face the consequences.
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A very risky moved bro, you didn't even realize that there is a huge possibility of the prices going down and if that happens you will be scolded pretty bad by your parents. I suggest you join in bounty campaign in that way you can earn tokens in exchange for your hard work and efforts and in that way you don't need to put out money or invest in cryptocurrency.
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Having patience is really the key if we have patience we really in our right set of mindset where we can play it cool and learn what is happening but having patience in the trading industry is not always the key because what if we are really have patient but the coins/tokens we are holding are really going nowhere? That will be a waste of time, and really frustating having those patience I think in patience we should always add the word "smart". Being "smart" and "patience" is the real deal.
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I usually hold all my bounty tokens till it reach the ICO price in the market or even set it to a higher price the way I think it will be, I'm scouting potential coins in their ICO sale because for me that is also the purpose of joining bounty it's my way of having their tokens for free although not for free because I will also invest my time and effort in it to gain some and also to make it heard/spread the news about that project.
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I earn hundreds dollar in two of my campaigns, and yes translation is the real deal it really pays a huge amount of money wish I could do some but the competition in the translation is too tight, making me unable to join in. Hope I will get some project in Filipino translation some day.
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Indeed! I commend that beautiful, powerful quote.
Everyday in our life we take risk, in everything we do there is a risk, example you're sleeping there is a risk that you will not wake up I mean who knows.
The thing about risking is determining of how bad do you want it how much you are willing to pay the price in order to be where you wanted to be. This is what I love in trading the risk that you might lose your money if you will ALL IN!
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Yes, never be greedy!
I remember one stories of my friend where he buys and collects sort of coins that's in low price and when the price goes up he didn't sell because he aim for more now those potential coins lose it's charisma and started to go down-low.
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That's great, thank you for your tips but I will also share my thoughts about this I think it will depends on the coins/tokens you were buying/holding I've been holding two coins and up until now it shows no sign of increasing. My opinion if you are buying tokens at the bearish market look or the coins that has the most legit potential coins. Have some knowledge.
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Yes, you can buy them even if it not yet listed on coinmarket. Coinmarket has set some rules for coins to be listed on their list I think the coin must have a $100,000 daily trading volume before it get's listed so beginning coins who are not yet reach this rules are not yet listed in the coinmarket but if it is a good coin then someday it will.
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I admire warren buffet a lot, he's my inspiration specially in stock market strategy and investing the reason why warren buffet didn't invest in bitcoin is Because he didn't believe in Bitcoin and he believe that some day it will fail, he didn't give a statement about how and when it is going to happen but he said that bitcoin will have a bad ending.
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