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People are always over speculating during a time of a price increase. Do you really think ethereum will go to 1000 in 20 days? What would allow you to think that, because it has already made amazing returns.
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It also helps that Coinbase has litecoin supported, which is a platform that most newbies use. So when they see investment opportunities on TV, they fly over and buy it.
Pretty insane, and I am nervous for the red days.
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The market right now is a perfect example of why you shouldn't be shorting.
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This is a common problem that exisits in a area that is pretty unregulated. Which is why I try and only use US exchanges. That way I know the laws and regulations that they are going through, and plus they list a address. So if they ever did something, I could simply go to there HQ and get it straighten out. Plus it will allow me to sue them easier if I had to, rather than a foreign company. I have learned my lesson many times.
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Market cap : $17,716,848,536
24 volume: $7,382,290,000
41%.
That is really insane, and worries me. If it does dip though, I will likely buy in at some point sense we have seen this insane ATH.
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If you are going to try and speculate a coin, you really should back it up with some solid information. Why would it increase? Gives us more information instead of randomly guessing.
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The market is very irrational so it would not suprise me. I mean we literally just saw a 100% increase in the last 24 hours.
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Really crazy that yesterday you could have bought it up over 50% and be profitable today by 30 or so %....... Who would have known.
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In general it is a pretty risky area. I personally invest and spend a lot of time researching the technology however it is important to understand the risk. Right now, no one is able to hack the network because it is fairl "bullet proof" however in 2 years someone might actually be able to and then were doomed.
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Tell us why you think that... because I dont see much into those coins.
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The "day 1's" are reaping in the profits, while the people watching the fiat price and diving it are going to lose their shirts.
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The netflix documentary was pretty good, although it was pretty blank in terms of information for anyone who understands the basics.
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If you hold siacoin you will regret every single day. I would not recommend buying it.
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Crypto currency is not leading as payment mode in my country, however am making use of it for Trading purpose, almost slowly started my life living with crypto currency by making investments and enjoying the profits. Now a days bitcoin become like my partner also am helping people by letting them invest and gain profits, happy to see when others are happy because of me.
That is very nice, I am glad you have been able to make some profits. I am looking outside of trading for my crypto profits. |
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AMLT is the best looking investment as i see. It is a project that seeks to build a global standard for the transparency of cryptocurrencies. AMLT will help to protect business and as well as their customers. Its concept, goals are really attractive. Lot more people will join here soon and it will help to the success of the coin.
I heard about it and started to follow it. I likes INS Ecosystem project too. I invested in with my small budget and my expectation is high from their team. They have partnerships to perform like a promising coin. I will have to take a look at the coin, it looks like they got a little over $4m in funding and are done. The website seems sort of a turn off though. |
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BTC has gotten very expensive, and so now litecoin makes sense as a currency to buy things. People are using bitcoin to simply hold there money before they make a investment in another coin, or they simply hold it. Making a ton of transactions and racking up the fees doesnt seem like a good idea with bitcoin right now. Litecoin is a good move to make payments and move money online now.
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So you invested $5k without having a prediction of how well eth can do? I wouldn't have bought in right now as I believe we will see a correction. However I made my first investment in ethereum a awhile ago so I have been able to profit take according to my risk management plan.
I think it will be a profitable investment if you hold it, however I think it would have been more profitable to buy in at a better position.
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99% of tokens are shit with no utlity. However that means that 1% of them have utility and could be good investments. However I think the most interesting projects are ones without tokens, and so if you can invest in the companies themselves you can make some good returns. Once a lot of these current tokens die, we will see the new generation of better tokens.
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- Bitcointalk username: Timtheyoutuber
- Rank:Member
- Current post count:528
- Profile link:https://bitcointalk.org/index.php?action=profile;u=1205229
- ETH address:[I posted in the google form. PM me if you have any questions]
If I am accepted please let me know, so I can track my status on the google spread sheet. Thanks
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