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We are almost on the verge of starting of another bull run as charts and many other factors suggests.The rise of bitcoin will definitely impact the price of ethereum too.But the main thing is that we had already seen so many shit/fake projects and ico/ieo are being conduted/running.90% projects are still erc-20 based and shit tokens are being sold in exchange of ethereum.When bull market will start those scammers and shit projects that collected people ETH will eventually start dumping.So it will take time.
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Till now it has been considered to be in the list of shit coins by many people.Truly speaking investors/people they understand money and are very least bothered what's the project and how it is being developed etc etc.Moreover this project had not shown any good progress which can be eye catching to the investors.So many projects and its hard for people to keep updates on each one of the.So to thrive in this market they have to show some strong signs.People just buy these for monthly airdrops and then just dump.It has been going on all along.
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Just a bit more than 10 years and we had just started.Every market has its own cycle.This time it will again bring nice gains and price will again reach sky high.This is what crypto has been since it has evolved.But this time things will be little different as we have numerous number of stable coins and pairs.So people can buy directly rather than either buying ETH or BTC.So we just need to focus on other scenarios too.Lets roll.
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Always follow the devs.The team has shown a good potential and infact listing in some good exchange is a question mark for now.Although DGTX has only been in existence for 15 months but I don't see people are much interested in the launch of Digitex futures and want to invest in it.Moreover the rewards are being so irregularly and massively distributed it is a great concern for investors.
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Correction is going to happen soon and if you are really ready to make a good long term investment for about 17-18 months then just wait for few more days and then accumulate some and just wait till you see your investment getting some great returns.Never had been a bad time of buying btc unless you are in top phase of market cycle when reversal is going to happen from bull market to bear market.  .Keep following charts and go on with the trend. |
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For the last two days I have been really waiting to see the dump and yes it happened twice.Still the resistance along the 5500 mark is very strong and almost we have been rejected more than twice.We need to find a good support and consolidate then making the final move upwards.Still there is time left we may see more dip and then a monthly period of bitcoin moving left right before we can speculate something.The present market has lot of greed and soon we will see blood on the streets.
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Well introducing IEO every month and making people facing difficulties in buying tokens and totally manipulating the price is being going on for some time.Consider the case of BTT,Cellar,Fet and now Matic.Moreover people can buy only using BNB was a great move.But what people need to understand is that the whole idea of financial freedom is again at stake.Why people don't like Ripple the same reason it will provide monopoly because it cannot be mined and solely owned by one entity.We need to see the bigger picture.
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We still need to find a strong support already we had seen the mark 5500 had acted as a strong resistance and we need to break it and build solid support above these levels to see the price momentum slowly moving upwards.Of course every market has its own cycle and still there is time left when we can confidently say that bulls have taken control.Still the moving averages have not shown the strong pattern which personally i am waiting for.
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The project had a different vision and is being created for a different purpose.Ontology was created to provide interoperability between blockchains. Since business would not want to populate all of their information on a public blockchain, with the Ontology blockchain, they choose what to keep private and what to open up to their competitors.Also the usage of this is slowly increasing and also frequently airdrops are also being done to let people know about their vision.It really has some features and we can see price shoot up.
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The Litecoin block mining reward halves every 840,000 blocks, the coin reward will decrease.So to compensate the price of mining it is quite obvious that the price will shoot up.August 6,2019 is approximate the scheduled date for the event.We had already witnessed what happens when halving occurs.Now many potential investors and traders are looking forward to it and take the advantage.
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So true lots of shitcoins are floating round the internet.Olden days were much good.And as people are pouring in daily for making good profits people without doing through research and thus chances of getting scammed also increases each day.We had already seen number of projects failed and more projects are going to follow the same path.Things are changing like ico to ieo and may more still awaits,so its better to invest only in good projects.
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Quite an interesting topic but i don't think people will get benefit or make any profit.Just as the news of migration of MITH and PHX to binance dex came these coins simply pumped and then back to normal price.Just like pump and dump.Only if a coin rises as per normal principle or getting consolidation then a pull back and then rises then its quite safe for investors.Even the Enjin also had a good effect but these hyip news are simple risky investments.
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Google for good projects and there always has been rise in the price when there has been any main net launches or swapping from one blockchain to other so look for those things and act accordingly.Also we had already noticed price of MITH and PHX pumped up after binance-dex declared their migration to their dex platform.so things like this are always good and gives profit.rest depends on timing.enjoy and happy trading all.
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Both supplement each other in a good way.There are times when trading involves high risk low margin and times when low risk high margin.Its up to people how much risk they are willing to take.So I suppose until markets gets stable and get some confirmation signals its better to enjoy some free airdrops and bounty while learning simultaneously.Day trading involves very good knowledge and time so bounty are good for swing traders like me.
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There are two main things we should be looking at a projects i.e. roadmap and white paper.Some of the main things are:- - The project should maintain a good time frame and work as per that.
- The goals mentions should have reality and should be manageable in terms of real world.
- The team should have good communication/in touch with its investors and community
- Of course the team members present impact a great deal too
And more other things are there to look for. |
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Bounty hunting is little different than airdrops.Set of rules and different tasks are being assigned and we have to act accordingly and campaigning,but have to keep in mind that there is a very difference between posting and spamming.Earlier times were good when we had few projects and things were almost done in a good way but now maximum scammers and fake accounts are involving making things lot more worse.
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The more we move in time the price will go on increasing and that's very natural.Already there are so many projects based on their blockchain and slowly each one in moving out creating their own.But as the mining cost increases with the difficulty so its quite natural that in future we may see a high rise in the price.Ethereum is a platform coin at heart. It permits other coins and decentralized applications, or dApps, to be built on the backbone it provides.Many people are still holding on to it and it has a very high potential.
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Ripple launched the X-rapid payments but that doesn't seemed to effect the price.Moreover maximum tokens are possessed by one person/single enitity.The number of XRP can be increased if it wishes to.We cannot mine XRP so it will lead to a monopoly,what everyone's fear.Project is good and people will definitely get some profit but that will not be what many people are expecting based on moon theory.Considering payment system and transactions projects like lumens and litecoin are more effective and transparent.
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Binance launched its IEO platform Binance Launchpad. In January, BitTorrent (TRON) – initiated a token sale on Binance Launchpad and raised $7.2 million in less than 15 minutes, hitting the crowdsale hardcap.The second IEO on the cryptocurrency exchange’s platform, Fetch.AI, hit the hard cap of $6 million in just 22 seconds.Again we saw Celr and again within a span of few minutes the sale was over.But my question is how many people were being to buy ??These could be bought with BNB coin and thus we need to see its total manipulation and of course unfair.
Generally without KYC people are not allowed to participate in the IEO and that minimizes the number of scammers.But the main thing is that it is being having other effect for example good exchanges boost up the price of their own token and this is going to have a negative effect in the long run.Because generally in these case bots and exchanges do not allow people to participate and when listed in main exchange same phenomena PUMP and DUMP.Its better to stay away quite risky at present. We need to understand the bigger picture here.Manipulations are being going on,and soon with the new DEX platform many projects are already migrating.So have to wait and watch. |
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