I think it is really hard to predict what will happen in crypto. We only need to be very calm and patient not to make regretful decisions before of the fall in prices of most coin, this is only temporary and the market will rise again very soon.
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I agree with you that there are so many scam icos in the crypto community recently but there are certainly still some good and genuine ones. It only require a lot of patience and research work to be done when searching for one to invest in to avoid being scammed.
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I think there are many good coins to invest in but for me, the best ones I choose are, eth, wave, neo, ripple, and litecoin as they seem more stable and has great potentials.
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You do not have to say because the market is at this condition, you should sell all your coin or make wrong decision quickly. This is bound to happen in crypto because it is volatile and unstable and crypto is meant for the strong minds and risk takers. I you think you need money now, you can decise to sell dome and not all your coin and then hold the rest as the market will recover soon. Then you can sell at a more profitable price.
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For me, the best cryptocurrency to buy now at low price are bitcoin, ethereum, neo as they are very stable coin. They are safe, easy to use, they have a large community, they have good management and technological team and they also have potentials to yield profit when invested in on long term.
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Though some bounty are scam, but there are still some good ones that give good profits to participants at the end of the campaign or when it is launched that is why it is good to do some research before joining bounty. As a bounty hunter, I am look out for the team members and read through the idea and aim behind the campaign, I also search for a proof of work of the team members and familiarize myself with how to carry out and complete the task given by going through the rules and regulations of the group and also check how profits are shared for me not to run at loss or even waste my time.
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To me, predicting in cryptocurrency doe not really work as they only give high hope which sometime work out well and sometimes otherwise. But by the end of 2018, I do not think there will be an explosion as the market seems to be taking time to recover, though there will be more project coming up, more altcoin and crypto community will increase in size and the market will rise high a little .
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You can maximize your bounty rewards by reinvesting some of the token in that bounty if it is a good one, then invest some in good projects with potential of becoming successful at the end and you can also invest in stable coin and then hold term on long term.
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You can decide to hold your altcoin in your wallet for as long as you want, your token will remain but the profits you make on it will be decided by how well the market is doing in terms of growth and how stable your coin is. If you hold when the market is down and then sell when it has risen, you will make profit.
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Altcoins are important just as bitcoin irrespective of high stability and popularity of bitcoin. Altcoins help Bitcoin in overcoming some of it flaws and help in making the crypto ecosystem more effective. Altcoins have continuous development and some provide different functions than bitcoin. Some of them are made to be better mode of payment and some of them help cover up for some loses from stable coin.
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In my own opinion,I will suggest waves, neo, litecoin as they are altcoins to give more profit next year. They have potential to yield profit, they are cheap, safe and easy to access.
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To me, the reason for them selling immediately they receive reward might be due to the kind of project they are into or how long it took them to get the reward thereby loosing trust in such project as the price might fall and they do no want to run at loss. Some even sell and invest in coin that are stable and has better potentials than the initial. Some other sell because they need the cash at that particular time and have no other option than to sell.
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For me, I think it is better to invest in both coins as they are good when it comes to long term investment. They both have good profit potentials and are both growing fast. They are both good source of profit and one can be more assured of the platform. They are the most dominated coin in crypto and have very unique features that differentiate them from other coin.
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When choosing an altcoin or bounty it is good to watch out for alts that has a great future and you can see that on their whitepaper. You can check out how potential they are on their social media platforms, ask questions and check out for the management team and what will be your reward if you join the group.
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I think litecoin will go up as it is also a potential coin. It is also stable, less expensive and as the market recovers, it has the tendency also grow. If invested in on long term, It will yield a very good profit.
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For me, the most possible coins that might likely be competitive with ethereum are wave, monero, litecoin and neo as they are also stable, reliable, safe and they also have promising potentials and they are also cheap. They alo have great development team.
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Congratulation for the success you got as a result of patience and perseverance because many people would not have been patient enough to endure. Many would have lose hope in bounty as they have had series of disappointment but you were patient and it was worth it. It is advisable to always be patient and keep trying no matter how many times you fail as one day you will be glad you never gave up.
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Bounties are a great way to get some reward for promoting the altcoin through referrals on different social media platforms such as facebook, twitter or telegram. The mode of reward is different for each bounty as some reward based your rank and how much effort you put into making such altcoin a success. There are people who have made fortune out of bounties especially high rank participants.
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It is your decision to make if it is legit or not as you are the one that has your coin and time to invest. take your time to do a proper research about the group, the developer and management team and what the project is all about before you can decide if it is legit. They should have a link for you to make proper research of the work and you can also ask questions from your local community to familiarize yourself with it.
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Great project with great ideas, hope it will become successful and the developers should take time to add interesting features or even pictures to make the wall or site more inviting. Were can I get a link to read more about this great idea and know more about the management team.
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