We cannot pleased everybody and we should always mind our own business everyone of us here, have a different goals and plans with Bitcoin. If they are holding Bitcoin for years now then so be it and if they continue to trade every, then that's a risk they are willing to take.
I started to learn Bitcoin since the last bull market and from their I focus on how to create my own strategy and practice myself on how to ignore the noise of the market, so far this is very helpful to me especially on handling my emotions.
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Another popular scam technique is called an "initial coin offering (ICO)." A potentially legitimate investment opportunity, ICOs are essentially a way for startup cryptocurrency companies to raise money from future users: In return for sending active cryptocurrencies like bitcoin and ethereum, customers are promised a discount on new cryptocoin.
Having an ICO doesn't make the coin/token a scam, most big market cap coins/tokens have ICO on their end but look where they are right now. IMO, the most successful one is Ethereum https://icodrops.com/ethereum/ and that's almost x2000 gains to those hodlers of ETH this time around. But we can say that almost 90% of those that conducting an ICO will turn out to be a scam. Not all ICO but you can easily say if the project is scam under the ICO program and this is why scammers are also trying to do a project under IEO and DeFi because this is the new trend now. We have to understand how the scammer works and take our necessary precaution before investing into a project, if you are doubt with the project you can easily ask here if the project is legit or not, don't rush things to invest on new project whether its ICO, IEO, DEFI you have to analyze it.
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After an impressive week, yesterday we saw these 2 coins have experienced a sizable drop. but now both of them are getting better. XRP may be heading for $ 1 in the next few weeks. but for ADA, I'm not very optimistic that this coin can break 0.3 $. just look at today, ADA seems to run out of fuel to go up. their price stuck at 0.16 $. this is what makes me doubt.
Well the market is on bloody red again so I think the correction is not done yet but I can’t deny that these two altcoins did a great job in the past week especially with XRP. I’m sure ADA is also doing great despite of a lower volume compare to XRP, and this altcoins are way better than to other altcoins, I just hope to see the real bull trend in altcoins.
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Genius idea? I don't think so because you'll do this thing if you really want to collapse your economy the good thing here is that, every government knows what to do and there's no such countries that will give free money easily, not unless you're part of the corrupt government. Every economy have their own weakness, there's no such strong economy in the long run because even big countries are experience a big down fall once in a while.
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So how we make altcoin investment safe ?
Honestly speaking there's no safe investment because everything can happen in cryptomarket even with Bitcoin, but of course you can lessen the risk if you are going to invest only with the good project. Altcoins are profitable investment as well looking at their price movement, but only those legit project can deliver profit to you. If you are in doubt with altcoins then stop investing into a new project and choose the altcoins that is already out in the market and listed on exchanges, top altcoins can be more safe compare to a new one, this will all depend on how you do your investment strategy.
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That's given because many wants to sell early and take profit but if there's a strong demand in the market I'm sure we will over power that sell wall and finally make a new all time high, this is just a matter of time. There's a lot of potential coin/token that are still cheap right now despite of the uptrend, and for sure after the focus of the investors to bitcoin, they will go for that good altcoins and make it pump as well, so stay on the good altcoins.
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Whatever it is we are happy and it's really an amazing one to see such huge growth from XRP. Many actually enjoyed it because they never expected the price to skyrocket such fast but I still say it's still cheap because of the project and it's potential. We may end up seeing it more than comes next year. We may end up seeing 1$ soon.
We soon hit the price of $.7 again as the market continues the uptrend and with Bitcoin nearing its all time high I’m sure the altcoins market will also follow so its possible to reach the price of $1 again this year. Holding some XRP is also great, I’m happy to get some when the correction happened last week, now I’ll wait for its new ATH.
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You spoke too soon mate, LOL,
Did you tell me these words? if yes, then yeah maybe I should wait a little bit to see the movement. But when I was asking this bitcoin was trading around $19400-$19499 on Binance. I also did not expect that it will dump huge even more than 10%. But yeah I also thought it could be reached ATH or could be trading around $18500-19000 for more few days. And last what we are seeing most of the expectation are failed. Now it has started to recover a little. GOD knows what is going to happen. But think always positive. Don't worry Mate because the Dump seems stopping and the price is starting to recover,maybe this is the Correction that will lead to the start of Bullrun. And also you're right because when you posted this the Market is really in great shape and the Value of Bitcoin is constantly Pumping . The recovery has been quick from some time as it was almost at 16.5k and now back to 17.3k. So we may be back again to bull run but 4 days left for month to end and it may remain volatile for few days it seems where it may rise and fall. So, might just be difficult to touch ATH in this month itself it seems so. We are so near yet so far, we had the chance to hit the peak but we failed so I don’t think the market will recover easily and hit the new peak in the last 4 days of the month. Anyway, there’s no rush with bitcoin and we always had chances to be better, Last month of the year will be great so stay faithful.
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Is this just a proposal or already out in the market?
I'm sure many supporters of TRON will be against to this one and they might not approve this because TRON is one of the cheapest platform and many might leave this if they push it through. Though this might not be a big increase to some, many might still hesitant to agree but if TRON knows that its for the best of the project, then why not.
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Then sell your bitcoin to someone you trust for since the market can't be trust base on your explanation. Well, I don't agree on this one because Binance offers a great service to us, all you have to do is to check everything about your transactions and make sure that you're dealing with the legit site if you didn't hide nothing then don't be scared and I'm sure there's a big WHALES using Binance.
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Without feeling the pandemic has existed for 1 year, I think this time is running so fast because honestly I don't feel the impact of this pandemic, because I am still active as usual like there is no pandemic.
That's good for you but to some, they are struggling big time because of this pandemic and I can include myself to those who are struggling but fighting to survive on this pandemic. Its been a year yet our government still have no concrete plan on how to fight this pandemic, we are just waiting for the free vaccine from other countries, and also we are hit by many typhoons this year, a strong typhoons and luckily I'm still here doing my job.
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Money management is the hardest task in trading. Once you master it, you will definitely earn money consistently
Also managing your emotion is very hard honestly and until now, I'm having a hard time to control my emotion specially if you sold early and the market rise after you sell, haha. Anyway, our capital is our hard earned money so must always do our best to protect it and as a trader you must always monitor the market and have your back up strategies so when something bad happen, you can react easily.
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I heard ETH 2.0 is confirmed to launch on December 1st. Can we stake immediately after launch?
We’re not sure about this one and we’ll see if they successfully launched this first part of the update, maybe we can start staking. Its good that ETH was able to launch the update after the delays, I’m sure this one will bring more pump on its price so buying on the uptrend is not too late yet, new peak is more possible with the good coins and the bull trend is still strong right now.
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That’s your choice, believing too much on exchanges are too risky as long as you don’t control your private keys and the market will not depend to any exchange. Well, I’m satisfied on Binance but I’m not that fanatic because I know I’m always on risk dealing with crypto exchanges so better to be careful than to be sorry later on.
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There's no guarantee in this market and you must understand before making this one as you retirement fund, also you have to know the risk you are taking. I know Bitcoin is great but I can't totally depend on this one, I'd rather have some other retirement fund and just use bitcoin for my short term goals and be more happy spending it.
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If you can’t afford the top exchanges then at least look for good alternatives because you have to believe on your own project and don’t think that only those tokes listed on top exchanges will succeed, this is not how the market works you must compete with all your got and just have a good marketing strategy.
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Those who are trap before should know when to exit this time and know if the trend will continue or not because you might miss the opportunity again to sell your bitcoin and secure at least your capital.
Learn from those mistakes and remember that Bitcoin will always go up and down so since we are on uptrend, expect that in due time the price of Bitcoin will go down again, so make your decision now and set your goals.
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#proof of authentication username bitcointalk : Johnyz telegram username : @Johnyz Joined Campaign: Signature
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Bittrex already ask for the KYC and there’s an update regarding this one so its not their fault anymore. Now, if you really want to get back that money then you have to provide all the legal documents since time changed already and you can’t bring it back because Bittrex are now under on many regulations. Bittrex is still a good exchange it just that, KYC is a big thing on this exchange and you have the option not to use Bittrex, its all yours.
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Hackers will make everything vulnerable because they are working hard for this and we don’t have the guarantee of being safe in cryptomarket, its all about the risk. DeFi is same with cryptocurrency of course, so hacking incidents are not new anymore and of course there’s also a possibilities that this can be an inside job, either to scam people or a greedy member of the team, who knows.
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