When BTC is rising, investors quickly sell off their altcoins to invest them in BTC since they probably see BTC as a reliable coin than the altcoins they are holding. BTC pairs falls because nobody is willing to sell off their BTC to buy an altcoin
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I was holding a coin called OLXA which I lost hope in it because I knew there was no way that coin could ever gain value but surprisingly the team bounced back to develop the project and the coin started gaining value. Because of this, am not entirely giving up on any coin in my wallet
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Bounties these days generally do not pay well not social media bounty alone. I participated in a signature campaign which earned me only 0.25$ dollars after 4 weeks of hard work. I used not to like airdrops but I think they are sometimes better than bounties especially the legit ones.
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Whenever something new comes up in the crypto space, everyone tries to join the train. The hype entice people to follow and join blindly without considering the risks associated with it and they end up losing their monies.
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Most people call themselves crypto enthusiasts, especially the team behind the new projects, yet, whenever they are unable to raise enough funds during their ICOs, they try to end the projects. Someone who is determined would support the project with their own pocket money and make sure the project is a success.
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What you are saying is very true. Despite the prolonged bearish market, there are still other coins like TTC protocol and BNB in my portfolio which is rising massively giving me plenty profit. For me, it is your ability to choose the right coin to invest into it and not the year or market in general
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I think making a succession of investment is a very good investment strategy because sometimes we are tempted to believe that the current price of that particular coin is the bottom when actually it is not. You have to monitor the price for sometime and see if it will show signs rising up before you throw in extra money.
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I agree that BNB is a very great coin and has been performing massively over the last three months but I don't know what you mean by BNB being the next bitcoin because both coins are serving different purposes in the crypto space. Maybe you are just talking about price speculations.
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Confirming signature application. Username: Christinebeauty Spreadsheet # 386
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I also believe in new coins, especially the Veil project you are talking about. It has a very experienced team with a great idea behind the project. I won't be surprised to see it among the top 200 coins on coin market by the end of the second quarter of the year
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Having an advisory board for a project is a good idea. It helps the team to acquire new ideas and strategies to develop the project successfully.
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I think the bearish is gradually coming to an end. Bitcoin and most of the altcoins have experienced a sharp growth over the last few days. We hope they don't go down again.
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Although its good to hold some BTC as one of the coins in your portfolio, at least you should keep some Altcoins too. Some of them can fetch you some good profit.
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Most of them will just prepare a catchy white paper with unrealistic goals. After the token sale, the project gets stacked and the team runs away.
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Most of those bounty tokens which demand KYC from the hunters turn out to be shit coins. Imagine trading your identity for 5 dollars.
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When prices of coins go down, it doesn't mean those coins are dead. So long as that particular coin is having a working product and real world usage, the coin will sure bounce back
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Its true that price is not everything, but I don't think there is any investor out there who would want to invest his money into a project and run at a lost.
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Because the team don't do identity verification to their investors, they are always at liberty to do whatever they like with the investors money. There should be a way out.
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Every dip is an opportunity to fill your bags. It is the time when the weak hands will sell off their coins at cheap price for the serious traders to buy and make good profits later.
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If they really mean business, then they should be able to have their start up capital and use the ICO only as a contingency. If the ICO fails, the project must still see the light of the day.
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