Panic will just make you think weak and it can also be a reason why you will lost some of your investment because once you get panicked, you might lose your interest in crypto and you will just sell your crypto holdings very cheap too.
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Panic selling is good only if you are on a short term investment because you don't like to hold on it for long. Once you see a spike on your crypto holding's price then it's the best time to sell it for its market price will drop anytime of the day.
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It is a given fact that cryptocurrencies are a very risky type of investment. The risk of losing your capital is even high if you invest on ICO because its tokens are not yet listed in the market and it took time and effort before it can reach there for there is a possibility that an ICO will fail or is just a big SCAM.
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Being on hot topic isn't wrong at all because it's just a manifestation that this crypto is not only on a hype but because it is mostly used by ICOs today. Despite all of that, ethereum's market price still dropped as a result of the bearish market since January.
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The bull run is still unknown when it will start because no one really don't know when is that going to happen. There are expectations that it's going to start anytime soon this quarter while others think there will be no bull run this year.
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I am not expecting anything about bitcoin this year. It's enough for me that i was able to invest on it at 5,000USD+ and i am happy holding it now. But if bitcoin will surprise the cryptoworld as part of its comeback, then that will be much better.
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I think bitcoin is one of the most charismatic cryptocurrencies in the cryptoworld which is very evident that it greatly affects alt coins' market price whenever bitcoin rise up or goes down. That's basically because bitcoin is the base currency that is paired to alt coins.
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No matter how many wallets do you have, as long as you know how to protect them from cyber criminals, then do whatever you want. But why do you need to keep multiple wallets if you think it's hard for you to keep them safe?
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More regulatory moves by government on cryptocurrencies can somehow forfeit the purpose of cryptocurrencies being a decentralized assets. Additionally, tax will be implemented too so don't expect for tax-free crypto income anymore.
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If we can only report them to the concerned institution, then maybe we can have a very good investment environment where we don't have to worry about our money anymore as we can send them behind bars whenever they will scam us. But since that's close to none, all we have to do is to be more vigilant at all times.
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There are so many ICOs that are actively on its presale or ICO sale but not all of them can give you what you want as some of these ICOs will fail to reach their soft cap to fund their project. Worst thing is that if it's only a scam ICO and then you also invested on it. We should always be careful and always choose what's best for us.
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Imagine the majority of ICOs today that are using the Ethereum platform for their tokens. From upcoming, active and already ended ICOs, they preferred to use the ERC-20 standard tokens of Ethereum most of the time. That's may be the reason why Ethereum has reached the second spot in the market cap column.
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Investing in stocks can be one of the good investment if we are going to exclude cryptocurrencies. Aside from stocks, i believe long term investment in mutual funds, long-term bonds and ETFs are among the investment that needs to be consider.
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Bitcoin is indeed a phenomenal innovation in this era and it is arguably the biggest wealth distribution of all time. As an investment, it's a life changer that is proven by many people who believe in it and is a very good alternative for fiat as far as online payment system is concerned.
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In lieu with the fiat currencies, terrorist can easily purchase weapons without them carrying bag full of cash and in danger of being caught up. This is what the reason why some countries like France declared a total ban of cryptos to offset terrorism activities and will somehow enforce their country's security against it.
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I am not buying this news as early as this stage. I can't even imagine cryptocurrencies being the major currency in replacement for fiat because there are still drawbacks in cryptos that really needs attention before we can say goodbye to cash or any form of fiat currencies.
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ICO is usualy scum, they are worthless, instead you invest into masternode or 333eth, great things to earn passive income
Investing is ICO is more risky than that of investing cryptos that are already used by the people or that are already listed in the cryptoexchange. But those legit and promising ICO can sometimes lead your lives to success. That really depends on how vigilant and investigative you are before you join any ICO.
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Everyone is making noise regarding bitcoin's status in the coming months while the year is nearing to an end. Believing in someone's speculation is not bad but it's better if you also have your own speculation not by just basing from someone but what you think will happen.
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There's nothing good as investing in bitcoin because bitcoin is just the most dominant currency that can give you a very promising profit. It's the most profitable crypto so far based on my experienced in crypto investment.
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For sure, altcoin can be worthy of your money if you only know what promising altcoin to invest to. For example, investing in ethereum is like investing in silver that is worthy to hold on for the next couple of years as silver is widely used for its purpose so as with ethereum to where most of ICOs are using the smart chain contract.
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