The investment space is quite risky and one needs to be strategic to get the best out of the industry. Its a good investment choice to diversify your portfolio Inorder to reduce the risk and give more opportunity to benefit from more altcoin. We never can tell which altcoin would be the highest gainer for the period.
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There are many reasons that make developers put their coins / tokens on shit exchange, for investors to be calm because they have entered the market even though it is shit or small exchange. It could be that the exchange itself included it without first asking the developer for permission. Or it could be that developers are getting frustrated by market conditions but continue to be urged by investors to immediately put them in exchange.
You gave a valid reason for developers deciding to list on shit exchange, but that does not change the fact that listing on a shit exchange cause more harm than good. The project should be able to budget rightly and develop the project well enough to attract good investors.
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Based on precedence, most projects prefer paying bounty hunters with their own tokens. This is because of the liquidity and publicity that they need to create on their projects. My major concern is that they end up complaining about the fact that bounty hunters are the cause of the decline in the value of their tokens after listing when they're aware that bounty hunters are not investors and are only concerned about earnings.
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In my opinion, the interest of the public in cryptocurrency around the year 2017 was majorly because of the swift increase in value of the coin market cap. Several persons were only interested in taking their share of the cake. Since the market is bearish, they are not encouraged as there's no money to be made through ICO's and other hussles.
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I'm even surprised that the much anticipated ethereum 2.0 project may be shifted to subsequent year. Its quite difficult for me to give my verdict as to the issue of ethereum, but I have always believed that ethereum is a good project that would stand the test of time.
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The best way to avoid fraudulent projects is to always apply your common sense and be less greedy. Most times we enter into fraudulent opportunities because we want to rip where was not sown. The Cryptocurrency industry is obviously very risky and most opportunity which seems to be very laudable are probably scam.
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I'm barely interested in the staking of my tokens because the returns are always very low as compared to what could be derived from trading the tokens. Staking in some cases makes it impossible for the tokens to be withdrawn to take advantage of price swings which are not rampant.
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This post is quite informative. We really need to take heed before embarking on a long term hodl. One of the most important aspect is being updated on the happening with the project one hold. It's very appalling to find out that the token you hold has been swapped and what you have in your wallet is useless.
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Concerning the issue of projects who gives dividend, I'm personally not certain of their validity. Its a norm for projects to start giving dividends to holders, who meet up with some defined conditions. My worry is that after a while, we start seeing a change in the conditions which would disenfranchise some holders of the tokens from the dividend.
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This is great news, thank you for sharing and bringing clarification to the forum. I was also considering the possibility of staking, but I once read that staking ethereum would be a minimum of 20 ethereum and I consider it to be very expensive especially for low income earners.
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It's actually laughable for one reading the naughty predictions of Craig 😁, atimes I feel his predictions were designed to give cryptocurrency enthusiast an opportunity to listen to cryptocurrency related jokes. Despite the fact that Craig's predictions has never been fulfilled he's still sharing more baseless predictions.
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The current cryptocurrency market has been relatively stable for a while now with the value of Bitcoin ruminating around $7,000. The coin market cap has also been relatively stable for over a month now. I have a personal conviction that there's a great support wall in the present market and it would be followed by a bull run in the first quarter of year 2020.
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The much anticipated year 2020 is here and we have no excuse, but to face it squarely. I personally expect the Cryptocurrency industry to be friendly this year based on the various programmes we have in stock like the bitcoin halving, ethereum 2.0, Facebook libra project launch etc.
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It's an agreeable truth that bnb did over 100% increase during the year, which was marvelous in our eyes, but as it stands today with the present bearish trend, bnb has dropped substantially and trading on just a little above 12$. I personally don't see bnb competing with Bitcoin in any ramification.
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The year 2019 was a very good year in my cryptocurrency journey. I was fortunate to join several good projects bounty and it paid up, though I join much more useless bounties, but I want to count my blessings. I was also fortunate to sell my ethereum and btc when we had a brief bull run and it was worth it because the value has dropped by over 50% now.
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The market would not be bearish forever. Just like its said in the scriptures, there's time for everything, I do believe that the bull run would come in no distant time. In fact, am anticipating the bull run anytime from now because its overdue. We only need to be patient and await a change in the market.
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Everyone keeps pointing to trading as the best alternative to earning in this bear market but my past experience about trading was bad and now i am willing to give a try again, can any one give me good guide? don't just tell me to find strategy without giving me any, teach me how to fish
When is comes to trading, the bone of contention is that there's risk involved and your reward is dependent on the risk you're willing to take. I'm personally of the opinion that trading is based on luck and risk. The more exposure you get, the more rewarding it gets.
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The issue of altcoin downtrend is not far from the fact that Bitcoin has been gaining higher ground and dominating the coin market which has made more persons move their portfolio from altcoin to Bitcoin. This has lead to the value of altcoin reducing substantially.
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