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I actually makes sense from a logical point of view...if people are so enthusiastic and make a lot of money during a bull market, they become careless and throw the money at projects more easily, often without doing the required due diligence.
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Investors are walking away from ICOs. I personally do not know anyone who still invests in ICO. Almost everyone but burned and the pockets are pretty empty. I think ICOs are on a freeze and it won't happen much until fresh money is coming into the market.
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Governments do not have the absolute power, yes they can officially forbid things but then they just push a market into a black market..there are many people who use crypto currencies in china, despite the ban...more then in europe for instance.
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In the beginning the most important thing is to gain knowledge, about the different types of currencies, the market cycles, history, trading techniques, trends and important technological challenges in the market...don't invest before you get the big picture
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I dont think so. But for the my opinion Ethereum is so popular because almost all of new project choice and create their tokens on Ethereum ERC-20 platform. That is one of the reasons. Also - Ethereum is owner of Lindi effect.
yes that is the primary reason. Few people use Ethereum as a currency, rather developer love to build their solutions in this blockchain. There are faster ones out there, but for some reason Ethreum is the prefered choice for now.
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I agree, now with the market cap at all time lows this year, it is the best time to buy. In the short term you may be a bit in the minus as you can never time the entry perfectly...but in the long term you should be doing pretty fine.
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Risky move, with ADA's timeline and so many open questions...it is massively overvalued in my opinion as it is in development while Ethereum is an active platform and currenlty leading in the space. ADA Cadano might be limited to the japanese market similiar to NEO which is mainly adopted by chinese projects.
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That is quite a long time interval to predict. If crypto grows with the same pace till then, it will be number one currency for sure.
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Seeing the performance of BTC and other coins this year, I will say that this is hard to achieve now. Something like $20000 seems more realistic.
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Some of the good coins are BTC, ETH and litecoin. However, individual choice depends on a number of factors like how much risk can you take.
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That is what the new investors need to not realize.. They need to understand that someone is making use of their weak emotions.
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They feel that crypto will make them weaker. But if rightly used I think crypto and banks can complement each other.
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It is a boon for some people. A friend of mine had his paypal account disabled and it ruined his online business, now he used crypto without any problem.
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I cannot control laughing when people compare bitcoins to past schemes where the owners ran away with the money of investors. Here, the person behind is not even interested in reveling his identity, shows his dedication for this project.
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Of course, it is not going too die. There is certain group now using BTC and other coins for payments regularly. .
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Do not give much importance to FUD unless they have any good evidence to support their claims.
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Most of the price prediction sites have got predictions for all coins. These are articles stuffed with keywords to attract traffic.
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It will recover with time but some of the people have got a lot of money stuck. Those who invested at $20000 will have to wait for an year or so.
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Holders are doing more damage to crypto. They are making it useless in the long run but everyone is concerned making money with price movements.
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This can only be done with the help of media. Online promotions are already saturated, something will TV and newspaper will help.
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