All legit crypto will keep exist and the price will increase in the long term. Currenty the market cap of each crypto is very small compared others asset because crypto maret still young, so all crypto has potential to growth. Some crypto can be die because that is fraud coin, like MLM Coin and Ponzi coin.
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Iam bullish for Bitcoin and this my prediction according to historycal price, when the price already going down more than 70% the price has potential to going up after that. With alot of upcoming good news about cryptocurrency adoption will create another bull market, from technical analysis the price of Bitcoin keep strong on the level support above $6000 in a few month, after some good news will trigger another bull market and the price will surpass $20k in next year. There are several different view in technical analysis but about 90% of prediction's trader is bullish for Bitcoin.
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In my opinion when stock market crash, there are will be possibility the investor and trader will move their money in to Bitcoin and gold. So this is will make impact to crypto market. I just checked the market cap of Apple (the biggest stocks by marketcap) was decreased and the investor has possibility will move the money in to Bitcoin and others coins so crypto market has potential will bullish again.
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Litecoin will rise more if Bitcoin going up again, by compare the price action of both coin, my prediction Litecoin has big potential like Bitcoin to rise again because the marketcap of each coin still low and with limited supply the price will easy to going up. I know about Litecoin when the price $2 and current price about $50 and the highest price last year is above $350, so LTC need to going up another 7 times to reach the highest price, and that will easy for LTC to do when bull market.
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Yes last year is more easy to earn big reward from bounty program because there are many ICO successfuly and the price of the token going up to multiple times, but for now is difficult to earn the same reward because market crash that make impact also to ICO market. But I believe in next bull market, bounty program possible again to offer huge reward and we can change our financial from bounty campaign.
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Other exchange that available margin trading is Bibox and Gate.io. But at the moment iam not interesting in margin trading because seem too risky and more difficult to make profit from it, and because all crypto in the bottom i prefer to more focus in spot trading. When crypto on bearish, i prefer to chooce Metatrader to short the price because more easy for me and available more trading tools.
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For beginner trader i recommended to trade in Gate.io because they listed alot of potential coin with trading pair USDT, Gate.io also added feature of price condition that we can use to setting stop loss and sell limit at the same times, other exchange that have this feature is Bitfinex but they required minimum deposit $10k, so Gate.io is other option for good exchange.
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Learned from my mistake in trading, i was loss alot of money because i did not use stop loss. So we should be use stop loss for every trade that we make, and use exchange that provide this feature. Crypto market is open all the times and we can not look in to the chart every times, so use stop loss and sell limit by the same times will make trading activity more profitable. I used exchange of Gate.io that has feature of trigger order so i can use it to setting stop loss and sell limit at the same times.
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Is this crypto exchange? I dont know about this exchange and look this exchange not listed in coinmarket cap. There are alot of exchange that has good reputation, fully regulated, more legit and acouple years operated, so its better use them. In my opinion the trusted exchange is Bittrex, Poloniex, Binance, Huobi, Gate.io, HitBTC, Okex.
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Its normal newbie trader failed in trading, i was did trading activity in more than 3 years and i still loss in some trade. Only by keep learning from the mistake, we will understanding what should be solution for that mistake. Price action of crypto is very high fluctuacion so we should be create risk management and we should be learn more about trend of crypto market and then we will know when should enter and exit from the market.
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I have also bad experience in Yobit, i has been sent ERC20 token to that exchange but the balance never show in my account, they does not have good customer support, they also listed alot of pump dump coin and that exchange also created their pump dump coin to make money from it, so its better avoid use Yobit, use others exchange that has good service and listed many good coin.
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Why you should be make transfer crypto to another exchanges many times? In one exchanges there are alot of different coin available to trade, its enough to use 2 or 3 different exchanges. And i have to make transfer crypto to local exchange only if i want to withdraw to fiat local money, and to avoid high fee transfer of BTC, there are alot of others coin that has cheap transfer fee , example XLM, LTC, DOGE, WAVES etc. So transaction fee is not really make problem in trading activity.
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I was make invest in ICO last year, and i will do it if i find solid and legit project. ICO investment is good way to make high profit but since crypto market in bearish trend that also make impact with demand of ICO, so for now i quit for while from ICO. I want ICO market to be regulated just like IPO to avoid fraud so ICO investment will be less risk and has more potential.
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Yes thanks to Sathosi Nakamoto for created Bitcoin, because i can changed my life from Bitcoin and others cryptocurrency. I just a employee of small company and earned salary not much but from crypto market i can make money more than my salary. Alot of people already become milyuner from crypto and later more people will do the samething. Poor will become rich in short times and this is only possible in crypto.
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Not overnight but possible in 4 or 5 month, because in bull market like last year alot of altcoin was going up to more than 50 times, lets say if we make invest $10k in a few month we will make that money become $500k. So in bull market, crypto possible to make us become rich just in a few months. Only in crypto we can possible to earn profit 50 to 100 times in less than 1 years.
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In my prediction Bitcoin will go up to the $20k again in Q1, and in Q2 Bitcoin will surpass $20k. Bitcoin will give big surprise next years and will going up to more than 10x from current price. With low cap and more people make invest in to Bitcoin the price will easy to going up, Bitcoin already create many people become milyuner and more milyuner will born from Bitcoin later.
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I have seen the price of Bitcoin was drop to 90% in 2013 and then after that the price keep increasing and surpass the highest price, so from this historycal price, i believe the price of that crypto still has potential to going up and will passing the top price last year. Crypto market is still small with low cap and in the long run will keep going up to be multi trillun dolar market cap because crypto is future of money with so many benefits.
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Both has the same risk, because penny stocks has high volatility as well. I did both trading and crypto has more potential to offer very high return because in crypto market some coin possible to going up to 50-100 times in 1 years but in stocks market i did not found any stocks like that. We should be try both to know different price action and the potential of profit. In crypto market there are pump dump coin and that thing also exist in stocks market.
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I believe with crypto because with simple reason, that is many people already changed their financial with crypto. Price of Bitcoin increased to more than 10,000 times since 2009 and only crypto possible offered that return, although in this years crypto in bearish trend but in next 1 years crypto will be become boom market and the total marketcap will increase to more than $1 trilliun and keep increasing in next a few years, in that times holders will earned alot of profit. Other reason is mass adoption crypto already keep bigger and more big company use and adopted blockchain and cryptocurrency.
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Yes i getting stress and tired waiting for bull market nearly in 1 years, but at the moment no sign bull run will coming. I want to recover loss as soon as possible so im not waste too many times. To reduce this my stress i was doing some activity like phising and other sport activity. This helpfull to reduce stress and i will become more patient waiting for next bull market.
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