If the currency is not accepted and used by people in the community, then it won't have any value. So, the most important component of altcoin's value is the community.
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Low level of interest in the marketplace is the main reason why so many ICO fail. Sometimes ICOs are not able to reach the soft cap, so they fail.
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It is obvious that investing in crypto involves risk because prices are unstable and cryptomarket experience major fluctuations. But investing in crypto gives an opportunity to gain some serious profit.
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I am quite excited about the situation. As we could observe based on the previous years, the decrease in the market is temporary and eventually it will grow. So I'm just holding ,y coins patiently.
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In my belief, I would choose NEO. I think that it is one of the most promising cryptocurrencies to hold in 2018. It is as good as Ethereum, or I would say it is even better than Ethereum.
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Investing in altcoins is as risky as investing into Bitcoin. Any kind of investing contains risk. I would suggest to invest in low risk altcoins like Ethereum,NEO and Ripple.
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The main advantage of altcoins is that altcoins are much cheaper than bitcoin. They attract investors because of their potential to grow and increase their value, so people who invest in them could get rich.
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If you want to get more profit I suggest it is a better option to hold on to your coins for some time and wait until the price goes up. Patience is the key to success in such situations.
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I think that the main feature that determines success of an ICO is its potential. If the project shows good perspectives for future, then it will attract a large amount of capital investment.
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I consider these two coins are both great for investing in. Ethereum at present seems like a stronger coin, but I believe that ripple is going to gain its strenghth in future as well.
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As for me, I will continue to invest in ICOs as now it is a good time because the altcoins exchange rate is near the bottom. Investing now is an opportunity to make a high profit when the market recovers.
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I think that Cardano has all the chances to surpass Ethereum. Cardano guarantees the users the security of their data provision process. I think that this feature will gain more popularity for this coin.
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No matter how much research you do, there is always a risk to get into a scam ICO. You can get suspicious if the team is lazy to update spreadsheet information or there is no clear description of what their product is.
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It is understandable that the main purpose of investing such amount of money in crypto is to gain profit. But we must remember that profit won't be obtained on regular basis, sometimes we can experience major losses and sometimes we can gain impressive wealth.
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As we can observe the growing number of exchange machines are starting to work with Litecoin. I think that the price of Litetcoin will grow and in the future and this crypto currency will be able to occupy a place next to Bitcoin.
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First of all, there is a lot of valuable information on this forum, then there are millions of articles about trading in internet and videos on Youtube channel. The main challenge is to find good ones.
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I consider that Ethereum is the coin with the most potential. Ethereum has a technology that can be used for different purposes and this makes it so popular.
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In my belief, investing $1000 in coins with POS technology cannot bring you large passive income. In my opinion, you need to find some more profitable option for investing. I think you should consider investing in ICOs.
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I think that Ethereum is very profitable for investment right now as the price is low. But you shouldn't forget about the fluctuations of cryptomarket, there can be rise and fall of it during a short period of time.
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I think that when the market is bearish it requires a lot of technical analysis more than ever. By technical analysis you can make a lot of money without experiencing failures.
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