I sometime find it funny that some people write things like this, there are reasons why the price dropped tis much, BTC is down more than 70% from its ATH also it is a bear market and if it funny that you are signaling out ADA, Ethereum went from $1400 to $170 recently, I can continue to name ALtcoins that there prices have gone down significantly
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It is not risky but stupid decision IMO, for now people need to be wise, we are still not sure which of these Altcoins would go mainstream and putting all your eggs in one basket won't end well IMO. Diversify your portfolio base on your research and conviction that the project has a long way to go and would solve a real life problem
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There is one winner here and that is Bitcoin, I know some people think BTC is not a privacy coin but it is absolutely one and will certainly shallow all these Altcoins. There are alot of privacy features that would be added to it in coming months and the tech would be better than what if have seen in the space
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I think it is a wise decision by the team to delay the listing, because I don't see how these tokens want to survive the current market conditions, if listed today I can bet in the next one month it would surely be 70% or more below the ICO price, I can continue to name names of projects in this market predicament
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If people are panicking because Ethereum price is going down, I fear more for NEO, because with all the hype it has delivered almost nothing when compared to Ethereum. Apart for the Chinese factor that helps drive the price up, don't see any other thing working for it IMO. I don't know of Ontology if that would be an improvement on NEO
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I am not saying we are at the bottom, but I would advice people to start buying now because we are very close to the bottom, most people have been shake off their position and whales will continue to do this, this has happened alot of time and people still keep falling victim of this, if I were you I would start scaling into good projects that are very undervalued now
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I think the period you are referring to was when some people were spamming Ether network, some people attributed it to one Exchange while other people said EOS team were behind it. There is doubt there is need for real scaling solution in the space until we have the solution we are looking for we need to make do with what we have
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The funny think I found in this space is that, they are always looking for people to tell them what to do which is against what Crypto stands for they expect to invest today and have 10X return tomorrow, that is gambling. A good investor would see this period as a time to accumulate especially those with low tokens.
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What an irony, in January people were talking of Ethereum hitting $2k, how thing change fast in this market. I think Ether would rebound but to what price level I don't know. Anyone selling ethereum at $100 would regret this for sure because it is not the first time we are seen more than 80% price correction in the space
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There is no doubt Ethereum is a good projects, but the cost of running a daaps on it doesn't make any economic sense, there must be a balance here. I for one believe Ether would hit $100 and would be a great time to buy because it would likely rebound to the range of $300 -$500 in coming months
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It depends on individual, both are good. Some active investors prefers to do short term investment while passive investors tend towards long term investing. The only down side I see with long term investing is that if the project fail, you lose all your money but if the project succeeded big, you win with huge returns
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I have a feeling your knowledge of the space is very limited, please wait till November before you start buying anything on exchanges, so many uncertainties in the space and you don't want to loss your money to this, wait and see the sentiment in the market change to positive sentiment and ride the waves, we have huge upside to go
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I think for now looking at the rate at which the market is dumping, Bitcoin and Tether is the best bet. I still feel we are close to the bottom but since the money flow into the crypto space through Bitcoin, it is better to be holding it so as to be able to pick some good Altcoins at a very cheap price
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I have a feeling Ether price is going to $100, my suggestion is this, that some whales are manipulating the price in their favour inorder to be able to set up their own node for the incoming Ethereum Proof of stake shift. I think people buy now should have learnt that crypto is a veru predictable market if you know what you are doing
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The problem most people have in a pump and dump coin is when to get out, I think greed is responsible for these, I use to make profit then just watch the Poloniex trollbox before it was closed, because if you see a pump and dump all you need to do is to do the opposite of what they are doing
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I would advice you not to mind these people saying hold, most of them are out of their positions and if you see what is happening in the space, it is purely market manipulations, do wait and see if the sentiment changes and enter again, it is better to live and die another day
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What an Irony, before every coin wants the space of BTC including Ethereum, but now it seems all the projects in the space want to dethrone Ethereum. one thing here is that there is no other projects in the space that have the development team has strong as that of Ethereum and Bitcoin, which I think is a big hurdle to cross
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It make no sense trying to run a wallet, if you won't put safety first, at times it is not that some of these wallets are not secured but the carelessness of some users is what affect them and resulted in their wallet being hacked but some people do know these
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I don't know why people are bent on using some of these exchanges asking for more information than necessary, I think it is very wrong for exchanges to be asking for ones bank details, I still believe there are alot of P2p exchanges than one can use that are more flexible all you need to do is to convert your money to BTC and move it out
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I don't know what you expect from a centralized project, the decision making is independent of the community, when they come with their decisions you accept it, EOS team may have a good intention but it is very against the nature of crypto but things change very fast in the space and centralization is creeping in and people seems not concerned
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