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If you want to be successful in the cryptocurrency space then you will need to have the knowledge of how it works. At least try to know a little for a start in order to be able to buy and hold. Trading requires a lot of learning but since it is doable, making it won't be an issue.
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As much as there are scam ICOs, there are scam Airdrops too so you just have to be very careful with them. There are time the airdrop is introduced as a way of getting access to your vital information which can ultimately enable them to hack your wallet and make away with your coins.
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Anyone dealing with cryptocurrency must definitely have had similar experience narrated by you. I can't blame you for not selling all when the price hit $3000 because you could never tell whether the price will go up or down. Since you have made some money in the past, I suggest you leave your coins for now.
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I still hold well over ninety percent of my cryptocurrencies because I don't have any reason to sell at loss. It doesn't make any sense to me. Only the people buying now are the smart ones because the price is quite low at the moment. People buying now are going to make a huge profit later.
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The bounty campaign manager does not guarantee the success of the project. As a matter of fact, some very honest people have ended up managing scam bounties unknowingly. It is your responsibility to observe due diligence before either joining these bounties or investing.
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You are not the only one in this kind of situation. Your tokens may remain valueless until it is listed on the exchange and the value may be so poor until it gets listed by a reputable exchange. If the project team is not working towards this, then there is absolutely nothing you can do. Some tokens will eventually die.
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If you feel that the market will never get better, then I think it is time for you quite the cryptocurrency world. At least it should not make any sense for you to be here at loss. Let the people who are sure that the market will come back better continue to invest. I hope you won't regret leaving though.
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I appreciate you for sharing this. For me, hardware wallet is one of the best for you to prevent your cryptocurrency from being hacked. Some people have large volume of cryptocurrencies and yet put them in the online free wallet. Rate of hacking is on the high side nowadays and one has to maintain high level of security.
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It will look very amazing to you that so many people are yet to know about cryptocurrency. One thing that is very sure is that the awareness will now spread faster as more people are joining daily. Some challenges that will prevent people from investing in cryptocurrency are lack of fund and education.
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This is a very good one coming from Australia. Some great countries are now taking the lead. Germany is also one of them. Some more countries are certainly going to join this trend. Cryptocurrency is the future of money and the earlier some countries realize this the better.
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Buying Bitcoin still a very good option in my opinion because bitcoin is already an established cryptocurrency. Altcoins are equally good but you have to be sure about the performance of the altcoin you intend to buy. There are several scam ICOs nowadays. If you need to buy into any ICO, then you must be ready to carry out a thorough findings.
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