Fundamental analysis is very helpful but I agree with you that it is sometimes misleading that will guide your funds to losses. That is why technical analysis is here to support those decisions in trading. When I am doing my research with trading, it is always advisable to combine TA and FA which will give you better view what is going on with the market. What I usually do is trading only 10% to 15% of my funds and the rest will act as a support for buy backs.
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If you have unlimited supplies of money to burn in cryptocurrency then it definitely are easy for them to dump the price specially if those manipulators are divided in to uncountable groups that will spread on all the exchanges. That is the true nature of trading. If you have all the wealth, the game will play on your hands and the winner will always be you. It would be nice if there is a concrete regulation that will minimize those manipulative acts in the market and also putting a limit on each trades might work.
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If you are looking for a switch or relocation, you better just sell half of your NEO since that is one of the greatest altcoin to hold for long term. It is not just a chinese coin but also gives you a passive return by earning free every day. I rather give my vote to XRP since it is one the strongest among those choices you given and listed to a well know exchange. How their platform getting develop is exceptional and already built strong partnerships.
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That's what I'm talking about! After reading this news, it gets in to my nerve and if that goes well, we can see an upward momentum by the end of this year. Achieving the goal of setting a set of Anti-Money Laundering (AML) standards for cryptocurrencies might be a hard task and needs an approval globally from the government but this will be a stepping stone for this industry to grow and evolve. Month of October will be exciting and all investors will surely look forward in to that AML rules and regulations.
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I wish that every bounties have these authentication first before getting approve to participate in every campaigns. It really is unfair that you are doing all your things right to gain the reward while the others are just stealing your identities to steal that reward. Reading the rules in every bounty campaign is the most critical part because if you disobeyed the rules, you are just wasting your time and effort. Each and every bounty campaign should be stricter this time because those scammers multiply in this forum.
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I also see the same way. I don't feel that there will be another take off to the moon this year and the spirit of those investors seems to be low. The market nowadays seems to be tired and sleeping. This is the longest time I experienced bitcoin stayed on $6000 price and seems always defending that position. I also telling my friends that 2019 might be different and will be greener than this year so I patiently waiting for the next year to come. I am pretty sure that a new surprise is coming and we can see bitcoin reaching above $10,000.
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We can't blame those investors who sells their altcoin because that is actually the main purpose of investment right? During ICO, that altcoin is on a sale price where you get an extra percentage bonus or maybe an airdrop. The price on ICO changes when time passes by and when it gets listed to a trading platform, the price either went down or went up depending on the traders approach. If I were an investor, I will definitely play with my altcoin I invested with. I mean, I will sell my altcoin above ICO price since I got it on a sale price. That will be a secured profit right? Then depending on the potential of the altcoin, the real supporters or holders will buy it back at its lowest price.
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Investment is all about taking risk and I can't blame him doing that since there is always a possibility that bitcoin may go up high again but I might say that your friend thinks exaggeratedly? The market and bitcoin is still immature so reaching $500,000 for bitcoin seems very impossible. I don't agree with his decision selling the thing that supports him going to work. He will only suffer physically when going at work and emotionally if bitcoin will drop below $5000 because a huge panic selling may start when that happens.
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Are you serious? I do my trades on kucoin and these last two weeks was one of the biggest break for ETH. You may also compare the price movement on coinmarketcap for ETH vs BTC, you will see there that ETH gains bigger and faster than BTC. It is not impossible for ETH to reach above $500 by the end of the year or before December specially if BTC reaches above $10,000 this year.
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Panic traders are on the top reasons why the market is falling down and we can't blame them since they only protecting their investment from big losses. Those type of traders are either don't know how to read the chart or already experience too much frustration because of their trading decisions. Well, there are many reasons for panic trading and I can say that crypto market nowadays are very easy to manipulate by those whales. I know how it feels when you are in panic selling and it can't be avoided, specially if a thousand dollar investment is on the line.
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That is totally correct. The direction in crypto chart is either up or down so a bounce back if always possible and we can see a greener market sooner or later. The price chart always tell what are those possible scenarios in the future and this bearish correction is normal since 2017 made a historical big breaks for all cryptocurrencies. We just have to be patient and it will be rewarded for sure specially by next year.
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Regret is part of investment specially in cryptocurrency. Since it is now easy to manipulate by big time investors, most of us are unsure when the market the will recover. I understand how you feel right now because I felt the same way for hundred times and still counting since I'm into long term holding and also trading. My advise for you is to learn how to read technical and fundamental analysis so that you will have a better understanding when to sell those altcoins. Besides, if you are selling those in loss then that will be the most regretful part and only multiplying more losses.
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I would advise you to continue holding your ethereum because it is not impossible for that altcoin to achieve a new all time high by the end of this year. If most big time investors and celebrities predicting bitcoin to reach $25,000 by the end of this year, I might say that Ethereum may reach $3000 to $5000 if that prediction to BTC happens. There's no need to regret, just buy it back on its lowest price. I regret not grabbing ethereum at $170 to be honest.
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You managed to hold those altcoins even if you already lost over 90% of the original price? That's an insane decision my friend. You should already stop your loses when it reaches below $21 to $19 or you are only making yourself suffer for a long time. I remember the time when I invested in TENX at $4 and decided to hold those for long term but unfortunately, it doesn't meet my expectation. I sold those to $2.5 and immediately cut my losses. I guess my decision was right because it is now at $0.65. What is the name of the altcoin you are holding by the way?
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Bull run can always be surprising and even crypto experts don't know when will it happen. There are many things that affects the price or how the market reacts like massive adoption, a news related to SEC decisions and ofcourse, market manipulation. FOMO is always there so that is also one of the reason why a bull run could start anytime. This year is nearly ending so a bull run may start sooner or later.
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You can try joining the bounty campaign of DataBlockchain or you can also join their ICO at https://www.datablockchain.io/. This platform already collected $16,434,850 and have high ratings in crypto review websites. Their team members, advisors and partnerships really looks promising. You may join their new bounty at https://bitcointalk.org/index.php?topic=5026029.0. I already did my own research to this platform and found it interesting. I might say that this project really have a potential in the market.
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$10 for ethereum price is really impossible dude! There are millions of investors who wanted to get ethereum as many as possible. Have you heard that ethereum plans to reduce their maximum supply to get some hype on the demand? Once that happens, bitcoin history will most likely happen to ethereum where it could also reach an all time high. My bet for ETH price will only until $120 to $150.
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Bounty will exist as long as there will be a competition in cryptocurrency. I also feels the same way and getting disappointed how most ICO ended. Most of them are having hard time reaching their softcap, extending their ICO and their bounty program. In the end, we are giving so much time for a cheap and lesser reward. Ofcourse, there are still profitable and got a potential ICOs but they are very hard to find. We can't blame these ICOs and bounty programs since the market still on the correction process.
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Telegram Username: @jeidee12 Participating in: Facebook, Twitter, Telegram and Signature Campaign ERC-20 Address: 0xEe72de4C1B800C3AcdF379122cA2c48b3BF75bfb
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