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Bitcoin is certainly a good investment option, but if you consider coins that are burned, then I think one of the best today is BNB. Moreover, it has a real application and is used in the Binance system. I would not pay attention to other altcoins that are burned, because the degree of prospects of BNB is higher than others and there is less risk.
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This is really bad news, but I don’t think this news came as a surprise to owners of confidential coins, because the war on privacy has been going on for a long time and government officials have been talking about the deanonymization of cryptocurrency owners for a long time. It was clear that crypto exchanges would look for ways to deal with anonymous cryptocurrencies. But do not forget that no one can forbid us to use anonymous cryptocurrencies, we can still exchange them for OTC or make purchases on the Internet.
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After the Ethereum network became overloaded, I thought the price of ETH would start to fall, because the problem of network scalability has been discussed for a long time and has not yet been resolved. But despite this, the price of the coin increased and surpassed Bitcoin in terms of price growth rate. I don’t know if she will reach the price of $200, but I agree that if the price exceeds this mark there is a chance to see a further increase in the price to $300 over the next few months.
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I think there are advisers who simply receive money for posting their photos on the project website and in WP to increase the status of the project. But there are advisers who, having experience in other projects, in trade, in software development, can share this experience with a young project team that does not have this experience.
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Only after a while we can understand whether it made sense to keep altcoins or not. For example, I doubt that some altcoins will bring me profit, but I take risks and keep most of the altcoins that I consider promising. Some altcoins keep buying until their price is very low.
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This is a famous game based on EOS, but I have not played it. I am sure that the developers have already fixed this problem. Similar cases will happen, but this case did not affect the EOS price, the price continues to rise and is ahead of BTC, ETH and other popular coins.
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Traders from USA really have the right to choose, and Kucoin is one of these options for trading, so I see no problems in closing trades for traders from USA. By the way, I recently read the news that Binance should launch trade for US citizens soon and the situation should improve.
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Of course, the price of most official tokens is initially kept at a high level thanks to the support of speculators and traders. I just see a lot of projects with an existing business and a finished product, but the price of their token continues to gradually fall. This situation is observed in almost all projects and it takes more time for the demand for project services to grow and only after that the price of the token will begin to grow along with the growth in demand.
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I would be promoting about BNB here. Though it's not as low supplied as many of the coins discussed here, it would be lower in supply than the current circulating amount of ETH. And with it's quick and cheap transactions and backing by one of the largest private business in crypto, it looks to have a brighter future. With it being a fuel for the Binance dex, its demand would be ever increasing while the supply would be limited.
BNB really looks much more promising than all new coins with a low supply, because it is part of the largest and most famous exchange, and the team constantly burns coins, which reduces its supply. There are cases when projects are transitioning from the Ethereum blockchain or NEO to the BNB blockchain. |
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If the Ethereum blockchain is used, then the price of each transaction can still be minimal, but not free, for example, as in the TRON network. If we are talking about scammers, then for them a couple of hundred dollars is a penny, because they are focused on receiving several million dollars as a result of a scam ICO. Often, scammers have seed capital to organize the appearance of work, so do not be surprised at this.
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If we talk specifically about the benefits and value of the project for the community, then there really are not many such projects, but they are, although they are not suitable for speculation or for quick profit. These are rather long-term investments and such projects are among those that were launched in 2017-2018. But I agree that there are fewer good projects and it has become more difficult to find a good project for investment.
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It is practically impossible to engage in manual arbitrage trading, therefore, there are semi-automatic services that provide price information from most exchanges, allow you to calculate possible profits and trade. I saw several such services and positive reviews about them, but I never used them because some of them look suspicious. Perhaps some of the more experienced traders will test a similar service and do a detailed review, this would help many here.
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I think in order to minimize risks, it is necessary to exchange small amounts. Although you can, for example, buy a verified account, it is better to use these two exchanges, which I use and did not have problems with the withdrawal of cryptocurrency without account verification. https://www.binance.comFrom FAQ: If you have not finished your account verification (ID Verification), your withdrawal limit is set to 2 BTC for every 24 hours. https://trade.ioFrom FAQ: The withdrawal limit for unverified users is 10,000 USDT. |
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Any Bitcoin price drop is an additional opportunity for investors to purchase more BTC coins. Therefore, I believe that the fall in prices can be called a positive moment for some members of the community. I always take the opportunity to buy more BTC when its price drops.
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Guys, I suggest everyone to do their personal research and not buy the advice of different "experts". No one can know in which direction the market will move, except for those who help it move in the direction it needs. Therefore, try to read more, analyze and if you can’t guess the market movement, then just buy cryptocurrency, store it and use it without thinking about the future price.
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I think the new coin of China will not be any different from such coins as USDT, XRP and other centralized coins, and this was clear from the moment the news came out that China was planning to launch its own coin. That is why all decentralized cryptocurrencies will be popular and interest in them will grow.
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I think even legal ICOs can not always provide profit to investors, because in order to become a successful project, many factors must be observed that cannot always be foreseen. Many ICOs that are legal over the past year have not been able to implement their plans and now their coins cost -80% of the price during the ICO.
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