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I also read the article this tells us how important is your passwords and keys. 7002 Btc is a very very huge amount and this amount can change anyone's whole life. Now Stefan has left with only 2 attempts and its not easy to crack the password so he is regretting now. Its a huge blow for Stefan. We must understand the mental situation of Stefan he knows he has huge money but not able to access it and its not easy to face such mental tension. Let's hope he will recover his password with 2 left attempts. In the end, I would say we should always keep 2 copies of the password & key phrases with us so that if one lost we can access the account with another copy.
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I think you came to the conclusion very early. Patience is also the key to success in the crypto market but I agree Eth Gas fee is quite high but to avoid high fees one should check it regularly it always not remain high. We can transfer when the gas fee is low its not a big issue. There are many ERC-20 coins that rise quite well in recent times and still rising but your expectations are high I believe you want most of the altcoins should rise but I must say we can not expect shit coins will also move with Ethereum.
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Due to the recent lawsuit by SEC against Ripple its not a wise decision to buy XRP in my opinion. On the other hand, I don't doubt the potential of XRP but the mess created by SEC is the reason to avoid buy ripple at the moment. So we should wait for some time for how the case proceeds further.
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It depends on one planning and the Altcoins you hold instead of Bitcoin even some of the traders will disagree with your decision of selling Bitcoin. I feel you took this decision on the basis of the previous bull run of Btc when Btc touches its ATH after that Altcoins triggered and start booming. I believe this time you expect the same from the altcoins.
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The market dropped very hard yesterday and obviously most of us are in panic by the big drop but today market recovers little and stable. The day before yesterday we all were happy by watching the coins grow but yesterday shocked by the market moves. I would say a correction is the part of the market and I am not a regular I do trade seldom.
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We all know Bitcoin is a highly volatile cryptocurrency so sometimes Btc price drops like this but we all witness the big rally in recent time and market correction did not take place as yet so this is just a market correction now it's time to remain positive & patient and today we can notice again improvement in the market.
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Well said many newbies investors bit depressed by the dip but they should not be depressed as the correction phase of the market is going on. Let's see where the market stops now today market recovers a little bit but on the basis of my 4-year experience I learned many bitter lessons from this market & I always try to avoid the same mistake again and again. To manage the risk in a better way always diversify your investments so that dip does not afraid you.
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If you are planning for long-term holding you must not put your cryptos on an exchange that would be quite risky. One should use a Hardware wallet if He/She can manage to buy one. Apart from the Trezor wallet, one can consider Ledger Nano that is also a good Hardware wallet option. Even I like your strategy of buying BTC that's a good idea and it will not pinch your pocket too.
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Things that happened can not be reversed you took the decision according to the situation of that time. I must say you should not regret it. If your fear became true you will be at more loss So be happy. At present, you must wait for more market correction. If you want to buy again Btc you must wait when Btc again drops 50% from its ATh. Keep patience you will get a chance again to buy but can not say when the time will come again.
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I am trusting the Ame team that's why I did not sold as yet I am planning to hold for long as AME team is going to list their coin on one or two exchanges in coming weeks and that's a good sign for Ame development. I am hoping AME will perform better in coming time. The price of AME little bit drop from its high because dumpers dump their coins so I believe AME will grow gradually.
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Even earlier people were saying bitcoin will drop to the 1000$ it won't happen So like this once bitcoin start consolidating I believe Altcoins will also rise but I won't say shit coins will also rise. I believe high potential Altcoins will also move till then we must be patient.
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You must be happy you still have some BTC. There are people who also sold all their BTC this time when BTC reached close to 20000$ mark because they don't want to wait again for 3 years. On the other hand most of the traders are regretting to sell earlier this time. They must be thinking like if we hold for another 1 month we will get more profit and In the past 3 years most of the traders learn bitter lesson when you are in profit must sell. If greed stops you can be in loss again and I am satisfied that I sold at good price and this is the market where we learn every time new lesson for future.
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Honestly speaking I don't trust so called crypto experts in my opinion this market moves only when there is a demand. Yes, It it drops 50% in value from now most of the traders will be interested to buy bitcoin. But in the current scenario of the market Btc is quite strong and it seems it will continue its rhythm further. We all know price is quite high according to the trend indicators market is in overbought position still bull has strength in it so due diligence before taking any step.
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