The past week, as I've been looking to invest in recently finished ICOs since most of their prices are way below ICO price, I noticed the same thing mentioned over and over in their telegram channels.
People screaming: HODL!!! It will moon someday!!!!
Another one that is common: When BINANCE!?!?! If only we were on Binance!!!
This makes me laugh inside. Crypto is not a magical place where all coins will eventually rise in value if you just hold on to them.
Most ICOs did very poorly the last 3 months. The ones that did the worst were the ones that started in January Now, a lot of these startups are underfunded and could only list in low volume exchanges and seeing their prices crash to ridiculously low prices. And everyone is crying on their Telegram.
Listen very closely yo: The price will never rise if everyone HODls!
Prices are boosted through supply and demand and if a vast majority of people who own the coin are not trading it, than you are severely cutting in to that chain.
Instead of Hodling, you should be buying and making strategic trade choices.
Well, holding is a common phenomenon in the crypto space, but that does not mean it doesn't work. It has worked for me ad it is still working. There were ti esi even blamed myself for not holding. Just know what to hold. It works for anyone that is making the hype of the coin go up. If there is a purchase then the coin should gain value.
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Hey guys, what do you prefer, hold till the end or trading? I know that people who are holding are actually saving crypto from total fall. But is it profitable to hold?
It is possible that in the next 6 months, BTC will move sideways . But the coin is constantly pumped, which creates a lot of waves. And this time I think trade is the best. Those who are holding old coin will find it hard to pay back because the sharks have forgotten the old coin. A sideways movement could be used for trading. The price swings are not that flat, it is easy to do some coin daytrading with it.
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Pls what are the best way to detect fake ico and fake project... We can't continue working to promote them and later discovered that it is bounch of fake... We really need tools to detect fake ico
This is the biggest issue today. There are so many fake ICO's circulating and there is no detection. I wish that ICO will be regulated and detec this scammers. For now we must be cautious with the project teams and there timely updating. I do not want any coin that is fake because they are not worth the investment money. I think more coins will do real ICO's this year.
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from now I think that it's miles feasible that blockchain will update banks, however this will no longer show up too quickly and then I assume we should wait a touch extra time and be more patient until it materializes. with a bad market, trust goes down so we wait for developments blockchain time will answer.
Blockchains cannot replace Banking technology now, it could replace them later if more people use Crypto.
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I am not against teenagers, because I believe that cryptocurrencies are a new technology, and that it can continue to develop it just needs a new generation that will be able to give cryptocurrencies new ideas.
I am not against the teens as well, most don't need to know what Crypto is. They have life that they should live through.
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i think ico not dying, but because of condition this market, that make many ico cant hit softcap. good ico always make different, but we must selective to choose ico.
Coins are not dying off because they are all making new builds every month. The ICO's didn't stop yet.
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It is better to sell tokens early as since 6months a lot of ICOs token price is dropping drastically within 2 to 3 days. If you believe in the project you can buyback later take example of money token ICO. If you take decision of holding your coin then your funds can be locked for longer time.
Holding the 6 months could go the other direction as well. So it is a little bit risky to trade so suddenly.
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As for me, I usually spend about 1 hour a day on Bounty campaigns. Unfortunately, they become less and less profitable with time, so I am not sure whether I should go on doing it.
I like to spend about 40 minutes on a campaign because promoting coins can be tough somedays.
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no ... now all ICOs lose at least 50 percent of the price after listing on the exchange office, no sale will give you such a price ...
If you really want to make a few bucks then grab some coins after they are on an exchange. The price should should go back up, when it does you can sell them.
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This issue has been discussed many times, many protest it, most projects are mandatory KYC, but in my opinion it is necessary to eliminate the fraud. The problem is that people need to choose projects, to ensure the safety of their information.
People do not want to do that KYC verification because they need to stay hidden while online.
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I think every figure under $ 200 is a very logical choice to get eth in my opinion. Regardless of the eth bull season will begin to rise with an incredible acceleration.
investing now would be an option that would be best considering because the price is going up some.
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Also investing in bitcoin and wait for long will surely give you a high amount of profit.
That may be why a individuals in Crypto want to have Ethereum. Bitcoin is far more capable of sending normal transactions.
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In long term investment i would probably invest in bitcoin. It have a potential to grow more.
Bitcoin is my choice for now. Crypto is gaining fame because of what went on this year and before 2018.
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Anything can happen in this digital world because all use networks that are very easy to porch by certain people, especially about the wallet that we have very easily on the terrace by hackers because they can do anything for what they want
They don't have to do much for the coin to be available. Have your wallet scanned and destroy any suspicious items that can harm your wallet.
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the price of coins on the market is unstable but many people predict the coins will grow so I think holding bitcoin or altcoin like eth will be very profitable in the future
Ethereum will be profitable one day if Bitcoin does not fail its project. Until then, invest more to make more.
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I believe in long term investment. I can see myself investing in bitcoin and hold it for a long period. I will save my money to invest everytime i have an extra income from bounty rewards.
I like to earn when a coin just gets launched so I can make money on the way up the order books.
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Crypto Currency is fastest way to get rich ?
I think it depends upon the person who will handle the situation. We all know that if we are a trader and we work hard and we are also a bounty hunter that has a high rank, the income is very good. But if we don't, we will not earn big. On the other side, even if we are not working in crypto but we have a good job then we perform better and keep performing better, we can be promoted again and again so our salary will keep increasing. People won't get rich from Crypto, they need to get a physical job to make actual money.
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The bitcoin will be the king always. No cryptocurrency will be able to replace it in the future. Buy bitcoin and wait for a profit.
Bitcoin should have the money inside of it for a while. The coins that do not have any value on it is not going to be worth getting because they cannot battle Bitcoin.
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The conditions in the bull market last year are very different from the current conditions. I don't think it would make no sense to expect the same events to happen last year. Of course, this isn't a guarantee that the same things won't happen. Everything is possible in the crypto markets.
This won't last that the whole week. The coins that are not getting any price increases have the strength to pump soon.
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Are you new in crypto? if not then you must know its always risky , you always need have strong nerves and i dont think its only with crypto but with any business either.
He does not need to invest in any coins if he is that scared to lose some money by trading coins.
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