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I think trading is still the best way to make money with cryptocurrencies in 2019. Bounty hunting nowadays isn't really profitable, because the market is down, and there are a lot of scam ICO projects.
Also you can try to sell your services and goods for cryptocurrencies.
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The market now gradually increasing and seems like good idea to gain quick profits in my opinion. What's your view guys? Is there a tends that it will constantly to rise after day or two or it will stop increasing again? And kindly suggest which is better way now "gaining quick profits or keep holding until the bottom of this pump?" )'cause im very confused now which is good strategy and i don't know what to do.
The crypto market will take a longer time to recover again, it is now going up slowly, so I think that selling in this situation isn't the best decision. I prefer holding my coins and tokens actually rather than selling with the actual low rates; to make bigger profits in the future. |
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Bitcoin isn't a religion surely, when we see some people using the sentence "I believe" about something, this doesn't mean that this thing is a religion, it simply means that these people have some faith or prediction positively in this thing. Bitcoin is a currency and an asset, it is in fact money, and people treat it this way; like treating fiat currencies, for example.
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I don't think so, cryptocurrencies will be great again in the future, and it has a shining future, but we shouldn't panic about the actual situation of the crypto market, because it is usual that the volatility of the prices will make this market unstable, going up and down all the time almost.
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Indeed trading cryptocurrencies is already the main job for thousands of unemployed people around the world, some other people make an additional income by trading, while they keep their regular jobs.
Trading is considered as one of the most profitable ways of making money with cryptocurrencies.
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Quite a lot of people have left the bounty. I am here and start this work again. Do I want to know your opinion?
Bounty hunting is a bit harder nowadays, because it is not really profitable like 2017, for example. Actually, the whole ICO industry is suffering, and the market is down, and there is a lot of scam ICOs and worthless projects. But despite that, there are still many people try to make some money from bounty hunting. |
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This is a huge amount. Most online exchanges require KYC for such big transactions, and even with the verification, it is a bit hard. Maybe you should make it in dividends, or search an online seller and meet him in person to complete the deal safely.
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What to do now when things get worse every day, only hold will help us? Who is trying to survive in such a market? Your advice, friends!
I think the best solution is waiting and holding your coins until the market starts to recover again. Selling with low rates is worthless, and it will lead you to lose the chance to make big profits in the future. Patience is always required in the crypto trading field. |
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There are so many ICO projects suffering actually because of the market instability, and the decreasing of ETH price lastly. We can notice easily that so many projects extended their ICO sale period many times trying to reach the softcap at least. There are other projects haven't real products, and their goal is only collecting money from their investors.
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It is up to the trader, to mùake trading healthy for him, or unhealthy. If the trader takes the biggest risks without real knowledge and experience, and just with emotions, it will be surely unhealthy because he will lose so many trades, and his hard earned money.
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Usually, I study the ICO project carefully, before participating in its bounty campaigns. I select the most promising projects, and such projects usually have a good potential, so their tokens will be more valuable with time. That's why I keep holding my tokens until they reach a good price.
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Hey guys, when you are doing a bounty program, which tasks do you usually do? Facebook and Twitter? My favourite task is a Youtube video review. However I think Bitcointalk signature is the most profitable. Do you agree with me?
I think the translations are the most profitable tasks in most bounty campaigns. Then there is also doing the signature campaign, and the content creation (including the Youtube reviews). The social media campaigns (Facebook, Twitter..) aren't really profitable, usually. |
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I think it is almost impossible to earn a guaranteed fixed percentage daily, by trading cryptocurrencies. Trading is still one of the riskiest methods, and there is always a possibility to lose some trades. You can minimize this risk, but getting a guaranteed earning isn't possible.
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I think there are no many choices since the crypto market is actually down. Almost all the good cryptocurrencies have low prices nowadays, and selling with this low rates isn't the best choice for many crypto traders. So the unique solution is holding until the price increase again.
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I heard that Japan will release its cryptocurrency soon, and that's good news for sure. But in general, I don't trust the crypto currencies issued by governments, I prefer to deal with the anonymous and decentralized crypto which have the highest potential, like Bitcoin and Ethereum.
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Governments hate Bitcoin and cryptocurrencies, because they can't control them, since these currencies are decentralized, and anonymous. The governments want to support only their fiat currencies, and controlling the financial transactions of their citizens, which isn't possible with crypto.
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Yes, it is a bit stressful for me sometimes, especially with the actual market's situation. But I manage to control my feelings, and I invest in trading only the amount I afford to lose. Also, I am not in hurry to sell, and I can holding and waiting for a long time, until the price reaches the best levels.
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I believe that patience is the key to success in the cryptocurrency world. All the profitable methods in this world require patience, and the nature of this unstable market itself force the crypto users and traders to be more patients. For example, the market is actually down, and selling nowadays is almost worthless, so we have to wait for a few weeks or months at least.
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There isn't any way to trade without lose. Trading is a risky method, but it is also a great way to make more money with cryptocurrencies if you have the required knowledge and experience. You can minimize the risks of losing, but avoiding the losses is impossible, in my opinion.
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