Your decision to sticking with altcoin is great. There would always be a season where the value of altcoin would increase. Let's not look at the situation of the market presently, I have a strong conviction that before the end of the year, there will be many smiles and laughter in the cryptocurrency space, looking at our figures
Both of you have make the decision you think is more appropriate, so is every other person that have been scammed one way other by investing in altcoins, they will ultimately try to stay away from altcoins if are still willing to invest in crypto. |
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Here's some reasons why you SHOULDN'T use a Ledger hardware wallet.
1. Sending payments using a Ledger Nano S takes significantly longer than using a software or web wallet. For those dealing with crypto regularly, time is money.
2. The device can only store around 3-4 apps at once, so if you regularly transact with multiple currencies, you'll have a nightmare of a time juggling apps.
3. There are several wallets that offer similarly good security for free, e.g. Armory. The Ledger is overkill unless you're handling $50k+ in crypto.
Ledger Nano S is not for those trading frequently as they'll always be needing to move their coins across several exchanges or very frequently. |
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Do you search for and look thru new cryptocurrencies of the day every day? The prices of newly launched currencies should have no choices other than rise to multiple times high. These currencies may not have long-term pontential. Invest 10k in such a currencies, dump them and make big money in short term.
There were altcoins which skyrocketted to 100 times higher in just days.
Very old altcoins may take very long time to achieve multiples. Even like eth, ltc. They wont go to 100 more expensive anymore. But very new cuŕrencies can.
I think top ten old altcoins have achieve saturation.
Is this your investment strategy?
I try to invest like this sometimes too, but it is highly risky. It just like take a huge gamble on weak football team, If you win, you'll big but you'll lose more often than you'll win. You can only try this strategy if you're sure about the prospects of the coin. |
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- Panic Buy/Panic sell.
In both cases, you will lose your money - Ignore Capital management.
If you ignore Capital management you will be gambler not trader
- Following a signal Without risk assessment or stop loss.
You will be like Jumping into the ocean without a lifeline jacket at, before do anything, look at your risk and reward and what your stop level is.
by this way you can set Your Own risk and know what you do.
It is very important to avoid making these costly mistakes, to make the best profit in cryptocurrency investment. I try as much to avoid panic buying and selling, I also only invest my spare money not excessively. |
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Specifically, at the moment, the BNB is not the best asset for storing money. From $ 32, fell to $ 21 per week. A not very stable coin would seem to be a successful exchange.
BNB really took a big fall over the past two to three weeks, I believe it is the right to get some BNB now before there is an increase. The Binance plaftform will continue to be the main usecase behind the BNB coin and the price will increase again soon. |
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I'm waiting for the sale of the token, I want to partake in the sale. I think the project will be a successful one, so I want to invest some of my savings on it.
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Government-issued cryptocurrencies will not solve any problem that fiat currencies can't solve, They is no need for any government-issued cryptocurrency because it is just another way for the goverment to keep tabs on citizens.
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I am just curious about the libra coin, this recent month libra project is in the hottest news, but now currently I never heard about the latest news development for facebook libra project.
Their have any update...😀😀😀
Libra project was going to start anytime soon, all they did was to create an awareness and proposal, they only wanted to know how to community would feel about it. |
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In trading exchanges, there are buy orders which offer very far lower prices than the market prices.
Are these orders trustworthy? Will we get the coins we order?
Some of those orders are from trading bots, or traders who just place orders just incase there is a huge dump and they don't have to miss out. The orders could also fake orders set by the exchange, so you really can't tell. |
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So many of the altcoins you've invested in so far have good future, instead of seeking for other coins to invest on, I think you should split the remaining 500 CAD among the ones you've initial invested in.
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Airdrops are safe if doesn't require you giving out sensitove informations. Airdrops are no longer worth the stress these days, bounties are barely worth anything after conclusion, no to talk of airdrops that pays about 1/30 of bounties.
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You are not on the wrong path, but you are not on the right path either, If you don't make sure to learn about cryptocurrency investment, before putting your money in to any crypto related investment find out more about it.
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true if relying on bounty campaign is difficult right now, but I still do it and also I do crypto trading activities by buying people's tokens at a price slightly cheaper than prices on exchange.
I only do bounties nowadays as an alternative thing, I do not rely on it but I can use it as means of extra earning without depending entirely on it. I have some tokens that are dead and others that are not listed, that taught me not to rely on bounties. |
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Complaining will not bring back the good old day of crypto bull runs, neither will it bring back losses incured from trading, so what does it matter whether one complains everything instead of complaining isn't it better to learn from mistakes and move on.
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Hi cryptopians i want to ask you a question and i need your genuine answers straight from your hearts.
What would have happened if all available crypto coins are been ranked on CoinMarketCap based on how good they are in terms of
1. Faster transaction speed
2. Better Security Platform
3. Privacy
4. Futuristically techy etc
Will bitcoin have a chance at all? what rank number do you think bitcoin will be on CoinMarketCap?
If all the features listed are used as criteria for ranking cryptocutrencies on coinmarketcap, Bitcoin will probably not be in the Top 20 under any of does criteria, but in reality none of those are used for the ranking. |
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So many exchanges are listing different tokens daily while they delist some other ones. Some of the rmtokens getting listed are going to die out soon enough, even the developers are only trying to perfect their exit from the scam by distracting investors with the token listing.
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If ICO wasnt been plague by scammers acts ICO will way better than IEO, ICOs are programmed to run on the projects very own website and no any third party involvement at all so any fund raised will go directly to the dev or project team, no loss of funds to scam exchanges,after some successful IEO fund raise on some exchanges they dont bother to send the funds back to the project teams
Yes, I agree with you. Just before ICOs became scammers community it was an interesting investment opportunity, but there is no investors willing to put the money at huge risk, and ICO is no longer seen as that opportunity but a way to lose money. |
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For me I prefer to hold my alts una a single wallet ! It gives me the ease of making transaction at everytime I want and as much times I want it. Also I will be able to monitor my holdings effectively!
Saving all your alts is in address is not good enough and it could provide ease of access and convenience when making transactions but it is a bad move incase one get compromised, you will be having all your coins at risk. |
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You should also know that no bounty manager started as a genius in their field, it all takes dedication and consistency. If a new manager can be dedicated too, they can certain provide almost a good as the experieced ones.
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Ethereum is a better cryptocurrency than Bitcoin from some perspective, but as digital currency Bitcoin is still more natural, Ethereum has several uses such as smart contract and native coins which doesn't make it a true currency. If Ethereum will replace Bitcoin it will only be as more advance, but Bitcoin will never be replaced as the native cryptocurrency.
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