The current market corrections gets rid of junk projects the same way its getting all the FOMO guys out of the market. Without corrections big institutions won't take cryptocurencies seriously and that's going to delay mass adoptions.
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To be a good trader, you need a good knowledge of technical analysis, fundamental analysis, and emotional analysis. The most important part of them is emotional analysis, the part that makes or break your investments.
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In this market, one very hard thing is decision and no matter what any fellow tells you about a coin, you'd still be left with making decisions.
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It's not easy to trade without losses, you only need to make multiple trades to cover up for the losses of others. No one starts perfect, you only need to be consistent to become a pro.
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It's not just about how much profit you can make from alts but how much patience you have to make the desired profits. Also it depends on how good the project is to really make it good.
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The lessons of 2018 is still fresh in everyone's mind d as I would say most people were inexperienced and they took crazy decisions as a result of that. I believe people will be more careful in 2019, trading is really going to trend this year since hodl didn't really work last year.
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Bounty hunters only have 2% allocated to them and it's usually locked up for sometime after listing. Most coins dump hard immediately they are listed on exchanges even before their tokens are unlocked.
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The fate of Bitcoin is slightly fair this year even though people are still trying to recover from over 70% loss. One thing is certain though, more and more investors will come in this year.
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Our part can only be done when the merchants allows us to by accepting coins as payment. On the other hand, as a merchant, it won't be easy adopting it now as we have bull or bear market, you can only do it with a very stable coin if not, losses may set in.
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Well, most people list out of pressure from the investors, some investors may think the team is tying to play foul with their money if the exchange listing is taking forever. But on the issue of reverse ICO, I think people really need to slow it down. They should however link up with an ico with the same idea to work together.
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I agree with you, this time is the wet ground to make all of the right investments and wait for them to ripe when the season of bumper harvest comes calling. It's shopping time mates.
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In a report earlier this week, it was gathered that a recent survey conducted in China brought a result of 66% saying there's no need for Bitcoin and other cryptocurencies. Do you consider this a FUD or it's the actual representation of their thoughts?
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Nowadays people have become more aware of the scams in the ico space even though we still have a partial pump in that space. However, most people were not really interested in the problems ICOs were looking to solve, they were scammed because they only wanted to flip their investments.
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Need I tell you that most above 100 coins are doing pretty well and stable. It's not about being in the top 100 but about stability and proof of use that matters. Due diligence is all you need.
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It's still a bit sketchy as people are skeptical whether or not it will go in an upward position. January is usually red for crypto but let's see if this will be different.
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Left or right, the level of preparedness should be high in us as whether or not things are fine, we can but only but forge ahead. But in all, be positive!
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I think it will be a good idea since they receive ethereum and bitcoin, in exchange of their token. And also since people hate bounty hunters for dumping the coins and causing price decrease.
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Having an all year long bearish trend should give everyone an optimism of a bullish trend on the coming months.But even if things gets worse, you still don't have anything to do about it than to forge ahead.
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2018, has come and gone and it came with bearish lessons, developments and a bit of mass adoptions . 2019 will however come with a new wave as a result of the events that happened in 2018.
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Most of them are either old or ill informed. Sometimes it takes elderly people a lot more time to accept innovations because it is hard to understand except the timely intervention of some form of education.
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