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Many reasons but perhaps the 2 top reasons for me as well as most other people are as form of investment as well as market speculation.
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In my opinion, I think that 2018 is the beginning of a new altcoin era. This is not the end but just the start of it all. Crypto will expand.
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It can mean both. Good because it would mean stability within the market but at the same bad because of price stagnation which could potentially cause the loss of some investors.
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No, there is no need to re-brand Bitcoin. This will take away its founding name to which many people are drawn to. Plus we must consider the benefits of this change if any.
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In my honest opinion, there is nothing best to HODL other than Bitcoin and Ethereum. As it stands these are the main coins takin up most of the market cap and I do not see it any different for at least 2 years.
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Usually buy fast is true but when it comes to selling I think there is more to it since you really have to analyse at which point is best to sell to maximise profit.
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Yes, it's been 10 in 2019 tomorrow and so far there has been a lot of development about bitcoin and everything about crypto slowly everyone starts to know and invest here, now it's very popular everywhere. I think maybe in the next 3-5 years we will see more transactions that occur using crypto coins
Yeah, I agree with you. We're not far from the 1 decade anniversary of BTC and it would be interesting to see how fast such developments you've talked about will take to be introduced if at all. |
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It is just a halfway of October and the beginning of the last Quarter, meaning there two more months to go to end this year and i believed that market will recovered before to end this year, so don't panic we have a lot of chances just wait patiently.
i think we must stop thinking in terms of seasons, months or quarters related to cryptocurrency, recover will begin only after fundamental changes or news in this field. I can not agree with you more. There isn't a typical time in which markets are following a certain trend. Its all relative so unless something big happens no substantial change will occur. |
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Hello friendHope you guys are fine.  I see now in October, only two months left towards the end of 2018, I don't see Altcoin soaring.  Like last year in 2017, towards the end of the year, prices soared.  But this year I saw everything just shut up. According to friends, are you patient with the current price? Hopefully I get charity  This behavior in Altcoin prices is to be expected since there has not been any substantial news to make the prices go up, particularly with much reference to BTC. |
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This year 2018 is just a lesson to all crypto enthusiasts especially for those who are just here because of the hype last year. They already know that cryptocurrency is not always.an up investments that anybody here will get rich by just investing without any knowledge of what is happening. They already know that this is a volatile world. They now know that strategies should be set up to make profits.
Lessons learned.
Absolutely, I agree with you. This year was a lesson to be learnt about the crypto market and that was that not everyone who buys in at any time always gets good returns because of the price volatility and that one trend does not follow another. |
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I agree with you. When there is more demand coming from people, the governments would have to listen. So by adopting and supporting crypto payments as much as possible the governments will start giving a damn.
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If this speculation comes to life then every single one of us would be happy plus the next ball roll would bring in more positivity for the community and that means more support for crypto.
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I beg to disagree with this thread's title. There does not seem to be any conclusive evidence that younger people take up the gabling addiction more than they did in the past. No evidence whatsoever.
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I am now seeing twitter alive with people giving away coins etc
Say what? If people are giving away bitcoin, let me know when and where. People have been saying bitcoin is dead probably since day 2 of its existence. Don't pay any attention to them. Right now it's sitting pretty at just about $6500, and that's much higher than what it was in 2015 when I first bought bitcoin. That's a hell of a gain, although not for me since I didn't buy at that point and hold it like I should have. Hindsight is 20/20. Don't mistake bitcoin for the rest of the crypto market. There are way too many coins on the market, and most of them are destined to be in the Yobit 1-satoshi graveyard in a year or so, maybe sooner. Nobody is ever going to use shitcoins for anything other than trading, and most of them aren't even going to be useful for that eventually. In fact, if you take a look at all the coins that are offered on exchanges like Yobit, you'll see that many of them have ZERO buy orders, so even if you held a huge amount of shitcoin X, you'd never be able to sell it, even for 1 satoshi. They're totally useless. I do think a crash is coming, but not for bitcoin. What's going to crash is the ICO market, followed by altcoins. Once people finally wake up and realize there's no reason to own any of them, they'll sell and the price will tank. Don't know when that's going to happen, but I'm nearly certain it will eventually. I agree with you. I would not think these posts you saw were legit, no one in the right mind would give their coins away for free. AND, no this is no the end of crypto!!! |
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I don't thin that's a clear reason for the coin dumps. Yh, fair enough there is a lot of spamming created by those individuals but nonetheless they do not control the way people view future potential development.
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Nice compilation but I do not think the list is exhausted. Plus, I'm sure there were some crucial people completely missed but I guess when one is so big they become too hard to even track!
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Lets not deceive ourselves. We all know how easy is to get it wrong. I think the best thing to do is to stay away from market predictions because often these speculations rise in people's minds and its not the best thing to spread negativity in the market.
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The bear market heavily affects a few markets including that of neo which many people say that its part of a natural market correction.
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Altcoin investments are good to consider as it spreads the risks but above all in my opinion one should prioritise BTC for now because BTC its still the king of coins.
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Downsides of crypto among many includes price volatility some caused by market manipulations something that does not happen with any fiat currency. Plus the governmental issues.
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