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Yes. I can't find any reason to not believe in future of altcoins. I know in the market there are lots of scam project available. But there are lots of coin which have great potential for future. If I have to chose one coin to implement as payment option I would go for any coin which have very low transaction fees.And at this moment market is normal many coins are in high price so it's not a very good time to invest. If you know where to invest then it's fine. That's it.
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Yes. Bitcoin cash is a very good crypto for invest. It is highly popular crypto almost known by all. It has great volume and almost listed on every big exchanges. So if you want a stable investment in a big cap coin you can easily go for bitcoin cash. And maybe in future we see some great implications on some big website of this coins. We can see big growth if the market cap pushed a bit. Allover bitcoin is worth investing that's it.
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Yes absolutely. Mostly the newcomers in this crypto space think that this whole market is full of profits. So it's okay to invest anywhere. And most of the time they end up in scams or in loss. So it's highly recommend nthat if you want to invest then first gain some knowledge, watch the market and then go for investment. And if you in hurry and want some fast investment then you can go for some highcap coins with bitcoin. This kind of coins are less risky that small cap coins. That's it.
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For me it's yes. And mong all stable coin I mainly go for usdt. Inknow there are many rumours about usdt. But I never felt any kind of problem in usdt. Usdt has biggest marketcap among all the stable coins. Cause people like it that's why usdt is able to gain this kind of big market cap. But if you think that you don't like usdt. Then there are lot of options available. You can try any of them. And better option is you can split your fund in different stable coins.
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I don't rhink that it's ever late to enter in crypto. Even it's kind of early. The crypto is not accepted by mass till now. So the marketcap is still low in my opinion. When all overthe world accept crypto properly then this whole market will be huge. So you can enter crypto now. But at this point most of the coins in high price after a downtrend. So enter carefully and chose wisely. I would suggest you that first watch the market gain some knowledge then go for the investment. And at first stick to large cap coins. And then when you gain enough knowledge then go for any crypto as you wish.
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It's kind of impossible atleast at this moment. Ethereum is 2nd biggest coin in the market and it had a big marketcap. Not only marketcap it has very big community and developer group. And most of the token in the market is based on eth. Maybe in future it can possible. But right now it's not. In terms of profit there are many coins which can outperform eth but in marketcap it's hard. But there are many coin releasing which are the biggest competitors of ethereum . One day maybe one of them can take the crown. But it will be a hard competition.
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There are lots of techniques how you can check a product is fake or not. But you have to gain some knowledge to verify that kind of projects. If you are new to this market first try to learn and understand the market you will gain this kind of skills automatically. Firstly check their website and product. If you think it's fine then go for the team. Crosscheck theri social media profiles. After that go for investors and advisors and partnered exchanges (if there any). Check their partnership from both site. After that you can check their white paper which needs some knowledge. And after that if you think everything is okay you can go for those projects.
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I think it's not possible. The time of icos are almost over. In 2017 -2018 the ico investment was highly popular. But for many reasons it's comes to an end. The main reason behind the falling of icos was scams. A lot of icos took people money and just scam them. So investors lost their trust and interest in In icos. And in mid 2019 the new investment process came. That was ieo. Similar price but it's more trusted. Mostly those ieos which are offered by exchanges are profitable plus it's highly trustworthy. So people like to invest in ieos at this moment. That's it.
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Yes. Many people in this market fall in crypto scams. Most of them are new comers. New comers come to this market think of that this market is full of profits. So they started investment in the wrong places. And most of them are ending in loss or in scam. So it's always preferable that grow some knowledge first then go for investment. So first watch the market and then try to understand how the market works. Then go for investment. That's it.
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Okay. You can cause cur was not a scam atleast when I saw it. But I assume you are new to this crypto space. So it's better chose your project very carefully. And when you are new you better go for some knowledge gain first. First watch the market and learn how to chose a project or how to avoid scams likes that. Then go for investment. And if you are new I would suggest you to stick with big cap coins cause in bigcapcoins the risk factor is very less. That's it.
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Yes. This market is full of scams and scammers. So you have to be always careful. Mostly the newcomers are the great target for these scammers. Most of them come to this market think that this market is full of profits. So they started to invest in wrong places and and most of them end with either loss or in scams. And this thinkg happens for only one reason that is lack of knowledge. Most of the newcomers are not interested in knowledge they are interested in money or in profit. So it's always remember one thing whenever you invest do some research in your own so you can save yourself from this kindle of scams.
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At this point of the year I think it wasn't a season of Dec and also think that it is not too. O never filled that this year is season of Dex. More I saw that projects that are belong to defi catagory is highly diegested by the people. And still some ieos backed by big exchanges are also highly acceptable. Rather than very few projects are selected by the people. And yes at this moment some big exchanges push their own token a bit. But yeah the all over market is in very good condition. That's it.
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I don't think so. Bitcoin and ethereum is very different from each other l. Bitcoin is a digital coin which use is just payment and nowadays many people store it as an asset. In other hand ripple is a banking system based crypto. Bit in this community many people don't like crypto cause it's fully centralised cause ripple is backed by banks and investors. And in marketcap ripple has a good marketcap but it's far behind btc. Btc own the more than 50% of total marketcap of the whole market. So it's hard. But it's a good project maybe in future ripple give some good profit.
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That's a interesting question. I entered this crypto space in late 2017. I have zero knowledge in crypto and investment strategies. But tite to time I learnt many thinks. Normally I don't trade much. I like to hold. And hold a lots of coins over this time. But when I see trade opportunities I go for that. I don't have that much knowledge in trading so follow calls from others. But not much. That's it I am a 90% holder and 10 % trader. That's it
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Most of the time no. A lots of rating site available and most of them rate ico or ieo projects and and my st of them are highly biased. I always do my research by myself. But yeah the two rating you talked about one month f them are Chinese rating. And most of the time rating depends on many factors. When a Chinese site or rating agency give their rating they have some protocol to follow cause Chinese government involved in that. And most of the Chinese rating agencies prefer Chinese products like eos tron gxchain neo than other currencies. So it's there choose. You can pick yourself what suits you.
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Yup,max supply is a very important scale for a coins price
The price of a coin depends on many factors like project, partnership, backed by which fund, exchange listing and max supply is one of them which matters very high. But not only max supply is important when you check a coin you should check it's circulating supply also. After all this things comes more two things volume and marketcap. So this is very important that when you buy a coin check all this details before invest in.
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Yup, at this point we have many many exchange available in the market. But very few of them are legit. Most of them are not. Many of them use fake volume,or high withdraw fees or maybe bot trading. I have bad experience too in some exchange. One of them is cat.ex. So at this point I don't for these kind in f exchanges I always like to trade on good exchanges like binance ,kucoin ,huobi. I also suggest you that if you want to trade go for legit exchanges rather than some scam site.
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