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Talk of digital currencies that would phase out completely in the coming years are the likes of paypal, skrill etc.Cryptocurrencies are like the origin of digital digital currencies as it goes line by line with how the computer was built. The future is bright.
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Apparently yes! without altcoins the space will definitely be otherwise because bitcoin cannot do everything besides transactions per second will almost come to a halt as thousands of transactions fly around every second. The space is divided just like you have the internet categorized and each having its own advantage that way they will be synergy between all of them.
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Price decreased and increased for some but fact remains that some coins will never recover from their fall just because of the obvious truth that most of them lack the fundamental of being relevant in the market.
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Its a double edged sword as nobody knows the very next steps of those in the above 100 and those in the top 100. Paartnerships and announcements could change a coin from top 100 to above 100, so it doesnt really matter the position of a coin on coinmarketcap. Although, some top 100 can give you a level of confidence as regards risk but talk of profit, you definitely do not have full guarantee as to the position example we have Dogecoin that hasnt crossed beyond 2 cents since listing and you have Gochain that hasnt spent much time there but has since surpassed the its ico price. The thing is, alwaays do your thorough research.
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Almost defiinitely it is standing alone because of its global nature, no single government is singlehnadedly empowered to bring it to its knees. For the millenials, this is the power you have been handed with use it a your sole discretion but do not mess it up by giving it up.
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My biggest mistake was not taking profit like many other people, i was hoping to get to some high points before selling. As a newbie, you will surely fall for greed as you have little or no experience in the space. Hodl and patience is still the key here, you havent missed anything big, the space is still new
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insurance.. Thats another angle to the blockkchain
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Some people do not have appetite for bad news and some do not have the strength to absorb shock hence, the need for an exit when it has to do with their finances. I believe crypto space will stand its grounds when the right comes and only then will people leaving now come back to this space again. Somehow regrets will set in because milestone may have been achieved in their absence.
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The thing is put your money where your mouth is, in other words follow the money. Do your own research, make out time for follow ups, wait till the last hour before doing your KYC having done with your research and it is satisfactory.
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Loosing half of your money is more like a norm in the crypto space when you are new in the market, however relax and take a chill pill in anticipation of a possible bull run if you invested into good and profitable coins, but if otherwise then stay woke and wait for your losses to be recouped after which you will diversify into projects with great future.
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The end of ICOs largely depends on the perception and acceptance of the crypto space. Theres definitely going to be a huge separation of shitcoins from the real coins with good worth and value. Ending it is completely out of the picture for the crypto space.
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My country is very much in support of cryptos even though the adoption hasnt well absorbed into our payment system. The citizens however, have started using some altcoins to trade in some little ways although to promote the altcoin in particular.
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Whitepaper gives investors the guide about the project in terms of what to expect and what not to expect from the project. Without whitepaper, is like investing blindly or gambling with your money and wanting to drain your money with no trace even if you have legal injunctions against them.
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