For next bullrun, if it does, altcoins that will be popular are ETH, LTC and XRP. Because the altcoins that I have mentioned have very high volume and also has very strong fundamentals making it popular. Many investors believe it investments in ETH, LTC and XRP will provide large profits.
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I have known bitcoin since 2016 strongly agree that bitcoin is not as risky as most people think. Because investing in bitcoin is easier to generate profits than other investments. Many people think that bitcoin is at risk because of the events of 2018 when bitcoin prices were dumped, which before 2017 bitcoin rise to $ 19k. People who experience this loss spread the information that bitcoin investments are at risk. Even though the reality is bitcoin relatively safe for investment if we can buy at low prices.
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This is what I fear, many people who sell cheap bitcoin they owned. If this continues to be dangerous for the future of bitcoin, I understand the impact of the corona virus which made some countries do lockdowns made many bitcoin holders panic and sell bitcoin it has. I am sure there must be another way that does not need to sell the bitcoin that we have or other assets. What we need to do is think calmly, and don't panic or make hasty decisions. Because in my opinion not the best decision to face this crisis with sell cheap bitcoin that we have.
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Since 2018 I haven't found a good project. Of course I will not leave the bounty, because in my opinion the bounty will immediately rise like as when in 2017 / 2018. I have never participated in social media promotion, because the payment is very low. I prefer to do signature campaigns, because the payment is quite high. To be honest for 2020 I'm a little disappointed with bounty that I follow, because there is not a single bounty that I think is good.
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It is true that the cause of the decline in the price of bitcoin last week to under $ 4000 was due to the corona virus. So is the cause of the economic crisis experienced by all countries in the world due to corona virus too. Because the whole world is panicking with panic with the spread of the corona virus so quickly.But bitcoin has now begun to recover, seen prices rise. And for halving that will happen in May I don't think it will give too much effect on the price of bitcoin, the possibility of bitcoin prices will be pushed a little. Because all people are still focused on corona virus.
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I am very sad to see some people affected by mental health due to volatile bitcoin prices. Which a few days ago had dropped below $ 4000, this makes some people become stressed and some even decide to commit suicide because of losing the capital they have when bitcoin prices are down. In my opinion, people who were exposed to metal health and decided to commit suicide due to the price of bitcoin fell, because it was caused capital used is the proceeds of loans.
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Seeing the market that is now starting to recover, we can see some altcoins starting to rise in price. From there we can judge any coins the increase is quite high. Altcoins are usually quite high rises after experiencing a dump, are altcoins that have good potential. And after I do the analysis, there are some altcoins that are very good for investment. Among them ETH, LTC, BNB, XRP and TRX. I think the five coins that I mentioned are the best altcoins to invest right now.
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It's good to use a stop limit equal to the price when we buy coins. But you play too safe in my opinion, take a little risk will be better. Using a stop limit of 10% below the purchase price is better in my opinion. Because sometimes before the coins will pump, they will down for correction. And if you use the stop limit strategy equal to the purchase price it is likely to lose the moment of making a profit.
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It's true that now the market is starting to see signs of improvement, it can be seen that the price of bitcoin has now risen to $ 6700. Though a few days ago had dropped to under $ 4000. We, if you already know bitcoin, don't need to panic at the price bitcoin goes down, because surely the price of bitcoin will always go up again. Sometimes the rise can be very high, all we need is it patience if you will decide on investments in bitcoin.
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Signature Campaign - Week 6 (16/03-22/03) - BitcoinTalk Login : BuNga_cute - BitcoinTalk Profile (URL) : https://bitcointalk.org/index.php?action=profile;u=1040406- Rank : Full Member - Starting Post Count : 1113 - Personal ERC-20 tokens compatible ETH wallet : 0xa8Cfea8F9219E500ecCEC0eE4d0d39B57326C9aE
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The reality now is that the bounty condition is very alarming. Because based on the experience that I experienced myself, who diligently followed various kinds of bounties. And no one is paying big, with us already paid it is already grateful. Because many of my friends not paid after doing bounty for 2-3 months. Moreover, market conditions are not good, so investors are hesitant to invest in ICO / IEO projects. If a developer can't sell tokens, how can they pay bounty participants. So don't expect to get one The high pay for now is from the bounty.
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It is indeed good news if we pay attention to the current market, because the market has begun to recover in my opinion. Although there is still a possibility of returning down, therefore be careful in investing it is mandatory to do. Even though the market is recovering it doesn't mean that bitcoin will be heading price of $ 300k. Even the $ 100k target, I still doubt bitcoin will achieve it. Because returning to the price of $ 10k is quite difficult. But we must remain optimistic about the future of bitcoin, because crypto investment is very profitable in the long run.
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I strongly agree with the opinion that for now it is better to save the bitcoin we have and if we have more money we can buy bitcoin again. Because the price of bitcoin is now cheap, and unstable market conditions are very dangerous for us do trading. But usually these conditions do not last long, hopefully in the near future the price of bitcoin can go up again.
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Current market conditions are still very fragile, a few days ago ETH had dropped to the price of $ 112. Then rise again to the price of $ 130, now ETH prices dropped again to $ 126. This is a sign that ETH is trying to get up and will head for the price of $ 200 if it manages to break the resistance price.However, if it fails, it can go to the support price at $ 100. In my prediction ETH will not drop below the price of $ 80. Because according to my analysis ETH will be able to penetrate the price of $ 200 in the near future.
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I have several times used trading bots and the results are far from what I expected. Most of the results failed, due to use trading bot does not mean that everything is automatic. The weakness of trading bots often fails when the market suddenly changes. So my advice is more good using manual trading, it's easier to make a profit. Because we can change strategies according to market conditions, especially when the market like the last few days suddenly dumped due to the corona virus effect. If we use trading bot, our capital can run out,but with manual trading we can be more flexible in making decisions.
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No wonder many bounty groups are dead or inactive, because it is not easy for managers to find bounty projects. Especially now with poor market conditions, it is difficult to find legitimate projects. Because in my opinion the manager must be responsible for the projects. This is how many new bounty managers have sprung up, so it is difficult for bounty hunters to determine which managers can be trusted. In the end, bounty hunters who choose projects now must be more careful, do a thorough investigation before participating bounty.
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Indeed the reality is like that, an economic crisis occurred because some businesses suffered losses due to the effects of the corona virus. I am who have a business in the food sector affected by the corona virus, were forced to close my business. Because my country's government does lock down for two weeks. If the corona virus is not immediately stopped its will be very dangerous for the world economy. It can even increase poverty, because many business owners go bankrupt.
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To be honest I was hesitant to see the conditions now, can make bitcoin halving successful. Evidently I was wrong, bitcoin halving will be soon happened a few more months. However, in the end we can see that today the movement of bitcoin is getting more positive, the price of bitcoin is increasing despite the increase slowly. Now bitcoin is already priced at $ 5800 and I am sure it will continue to rise, at least it can return to the price of $ 10k. Hopefully it can be more fast rise in bitcoin prices. So halving that will occur around May 2020 will be a success and all will be smooth without problems.
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It is true that there is no relation between the corona virus and cryptocurrency, which happens only panic among investors. And something like this it is common in the world of cryptocurrency, no need to worry too much. There is we just need to be patient a little more until the situation the world returns to normal. Now the whole world is again focused on fighting against the corona virus, so as a result there is a global economic crisis. So it's natural the cryptocurrency market is affected. But in my opinion what is happening right now is not game over, just wait in the next few weeks things will improve. My advice is just hold the coins you have, because the current situation is only temporary.
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The corona virus not only made the price of bitcoin fall far enough, but it made the world economic crisis. This is a real problem, it must be quickly find a solution. Regarding bitcoin which fell due to the spread of the corona virus, I'm sure bitcoin will soon rise. Price reduction now just because the market is panicking for just a moment. Over time everyone will realize that bitcoin will be the solution in the midst of this problem. If bitcoin is used as a payment it will be very good, because bitcoin transactions do not have to be physical contact. So we can avoid corona virus transmission.
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