There are many reasons why this market will never amount to anything: The list goes on and on!
Is it time to sell and get out of the market?
Just look at a graph of the Bitcoin since it started. It is not the graph of something that is successful! It is the graph of a failed project: Don’t look at price think about popularity!
Price: Tether manipulated price and the prices were not organic. Wake up bitches the market is trying to correct to its true value. That is why it keeps going DOWN!
If you are new into crypto industry, you'd surely look at it as a complete downfall. But to crypto veterans, this is just a normal scenario not only for Bitcoin but to the market itself. Such downtrend do normally happen on a volatile market. Holding is the way in order to get through this because selling makes the situation worse. Therefore we should avoid selling due to panic. |
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Am thinking of investing my savings instead keeping it in the bank,is cryptocurrency a wise choice?
totally not a safe thing to do. If your concern is securing that your wealth won't decrease, putting it in cryptos won't be a good idea. Cryptocurrencies are naturally volatile and especially at this moment, the market is on continuous downfall which makes it more risky to do so. Cryptos are indeed profitable but this is not the right time. |
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What's the general feeling about some of the altcoins that have dropped in value considerably such as TRON, district0x, Cardano and SiberianChervonets.
I've been HODLing these for a while hoping they will recover but their value seems to be getting even lower. With new coins being launched daily, is it likely that these will ever recover?
Given that dumps are not permanent, I do think that recovery will soon happen and we, as investors and bounty hunters, should wait for that moment to come in order to earn huge profit. surely, holding will be a huge advantage when that day come. Selling is really not advisable due to the down trend. |
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Market is fluctuating today a lot . But I hope it will not continue. So I am applying HODL at this moment.
What is your policy at this current market volatility?
Actually, holding is the best thing we can do in order to have a chance to earn profit eventually. Dumps are indeed continuously happening at the market but given that it is not permanent, we may expect that recovery is possible to happen. Patience would be the key so everyone is advised to do so. |
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Do you have a preference for collecting tokens instead of selling them?
Currently in my wallet there are more than 200 tokens with different values and I do not sell them every time it is listed. I keep them and watch them every day. I was fascinated by the fact that there were many tokens in my wallet and not paying attention to their price.
Do you think this is a crazy hobby?
i think it is a crazy hobby. Most of the people invest or even bounty hunters who recieves token rewards, sell their token in order to earn profit. It will just be a waste of time if you won't make use of the tokens because eventually, its market value will continuously fall which would make it more useless. |
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#Proof of Authentication
Joined Signature Campaign
Bitcointalk name: Latviand
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What Goldman Sachs said is that Bitcoin was a bubble which I don't believe myself and I believed bitcoin will start pumping from next month due to the bitcoin payment system implemented by the Russian for the FIFA World Cup game but the Fundstrat Global research predicted bitcoin to cliche $36,000 price ranfe by the end of next year, I know nothing is impossible but can will achieve such ATH next year?
It really is hard to tell whether this increase would take place and would be that much. At thid moment, down trend is still happening in the market value of cryptos. Making such assumptions is a bit absurd knowing that the market is still having a hard time or struggling right now. We should focus more on holding tan anything else. |
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In the past few months, people have lost their enthusiasm for the decline in bitcoin prices.more and more people have already sold their own currency.the bear market has also arrived.
We are not yet assured on how will the market behave on the following months but things excite the people in cryptoindustry knowing that last year, increase occurred in the last quarter of that particular year. People are expecting that same thing could possibly happen which I do agree. Let's be patient and see it for ourselves. |
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People trade due to the expectation of earning profit for sure. Trading is really profitable despite of any market situayion unlike in long term hplding wherein huge patience is needed. Also, feelings should be separrated on things which gives an individual profit because it won't surely go well. Emotion should be set aside at times like this.
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hello i am confused what month i am investing in crypto currency because now months i do not know because too low market value. should I invest now what is it and lost? thank you  Well, probably that would be on the last quarter of this year. The market is currently having difficulties at this moment. The price of cryptos are really low right now. But what excites many people is the scenario last year whereas the majority of the market have increased in a sudden and people believe that same thing could happen this time. |
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I agree. Most of the time, the mistakes of the investors are selling due to panic whenever the market is falling continuously resulting to partial loss of profit if an investor would just educate himself about this particular scenario. Dumps are temporary and it should already trigger the investors to hold and wait everytime the market falls. |
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Despite of Bitcoin's larger market value, I do think thet Ethereum is a better investment for the reason that it is more likely to be involved on ICO projects which would highly affect its market value for a long run in the future. Also, its market value is a bit more stable than Bitcoin, making the risk less.
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Hello
You know that most of ICOs lose their token price directly after token distribution. Sometimes it happens through bounty hunters, sometimes for other reasons... So the question is as follows: Is it good strategy to buy tokens at low price directly after ICO?
Not all the time, it would be a good idea because not all cryptos especially those that are only listed recently because there's no assurance on its development yet. Therefore, investing has also no assurance of earning profit. If a coin is really that promising, it would be a good idea but if it is not, avoid doing so. |
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I am a newcomer to the crypto market.
Should I invest in ICO projects or would I buy bitcoin to hold and wait for the price? Please give me advice.
Sincerely thank you.
Icos are also good investment so as Bitcoin. But the problem is the market volatility which highly affects newly listed tokens particularly ICO tokens. Unlike in Bitcoin wherein it have suffered from worse scenarios but managed to withstand and go through it, ICO projects are more risky to invest especially at times like this wherein the market is on red marks. |
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i need suggestion from you.you guy's can give me best info.
i want hold some crypto hold for long time.which can give good profit for long term?
Actually, there are many advisable cryptos to invest for long term holding since there are many cryptocurrencies listed in the market. But ofcourse, not all would be that profitable for a long run since not all cryptos are having continuous price increase. Cryptos that have proven to be good for long term holding are ethereum and bitcoin. The proof is the huge price increase from the previous years. |
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Hi. Just wanted to know u guys opinion of do the day trading and hold. Thank you in advance.
Daily trading is obviously more profitable because profit will be earned every day unlike in long term holding wherein investors would only earn profit during the increase in the market. Profit is more instant in trading than on long term investment. But still, trading is complicated, therefore, it would depend on an individual on which one is his preference. |
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Hard to believe as we are now experiencing continuous market crash from the beginning of this yearm I am still expecting for a huge price increase but no longer assuming that it will be able to cross the 20000 mark in the market this year. What we should mind right now is to avoid selling and commit into holding through the tough times.
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If you are a bounty hunter, you should be in a campaign first within a bounty project. Ofcourse, since there are many campaigns to choose from, it also means that there are different tasks to do. So your job as a bounty hunter is to accomplish or do the given task depending on the campaign that you engage yourself with, in order to be eligible with the rewards at the end of the campaign period.
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I don't think so. If you are a patient person, it would be enough to be successful in trading. Good decision making would be a huge factor in order to earn profit in every trade. IQ is nothing but approximation of an individual's capability of a particular field and has nothing to do with practicality which is more needed to earn profit in general.
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The market is start moving. Is it possible to hit 1000$ with in next month..??
At this moment, it wouls be hard to believe because as we can see, its market value along with other cryptos, are continuously falling and we can't do anything about it but to be patient and hope for positive things to happen on the remaining months of this year. Knowing that Ethereum is a good crypto to invest, we should avoid leeting go of it just because we are on the bad times of the market. |
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