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Do you understand well when making the conclusion that ICO is growing fast? The ICO market has almost died, the last year there has been no big ICO. I don't think ICO can recover like 2017, now the market seems to be saturated when there are more than 2000 projects listed on CMC. This is when the market will begin to dispose of poor quality projects. It's time to create a purification for the crypto market.
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Investment is a potential area of many risks, especially investment in bitcoin. No one can tell where the bitcoin will go in the next five to ten years, it could be $ 100k or maybe $ 0. So I think it's not a good idea to invest in bitcoin with a huge amount of money, invest a sufficient amount of money, your excess money and make sure you can take the risk with that money.
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First I want to talk about the presence of BTT in the top 50 CMC completely due to binance's fomo effect from IEO. I always thought that BTT could not stand in the top 50 if it was not fomo and Justin Sun marketing. Therefore, the current price of BTT reflects the quality of the project.
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That's why bitcoin is only considered an asset to store and speculate instead of being seen as a payment method as the original bitcoin goal was created. That's why Libra was created. They want to create a stable coin for cross-border payments, which is far more feasible than volatile bitcoin. If bitcoin wants to become a real payment method, it needs to develop network to improve transaction speed and stabilize prices now.
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We who are already in the market in 2017 will know about BitConnect just a scam. but if the 2019 market gets hot and attracts a large number of new entrants, there will certainly be some who continue to fall into the BitConnect quagmire. One advice for newbies when entering the crypto market is to not join any of the lending project.
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I will guess everyone who makes a comment here will say "binance".
it is a fact and binance population is increasing, as well as bnb coins, everyone is hunting for it to get an IEO opportunity.
Because Binance is simply an exchange platform that makes users very trusting and support very well, almost very few people complain about their exchanges. CEO CZ also a very active person interacting with the community,they also have a separate fund to compensate investors in case they get lost by hackers. So for me binance is the exchange I chose. |
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The market is growing rapidly from the beginning of 2019, this is not a good thing for experienced investors. We want to see the market grow in a stable way with a number of new people entering the market, not right fomo and blowing pumps. For me the current bitcoin has gone too far without any major adjustments, it really caused me insecurity.
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If someone gives us a proposal KYC will get $ 500 free from a project that we have never studied, never believed, surely we will say no. $ 500 seems to be a small amount, but it is nothing compared to the amount that you could lose on exchange if unfortunately your information is leaked.
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I think NEO will be a good project to hold in 2019, recently it shows stable and continuous growth compared to other altcoins. Currently the key resistance of $ 17 has been broken by a surge in the price of the NEO. however we need to wait for the positive news from the team of the project, over the past year, we have not seen any significant developments in NEO applications.
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It seems that you are not believing in the growth market rally. If so, you should sell the bitcoin you are holding to make a profit, because if you do not believe in what you invest, then you should not keep it. Then you can come back when you're sure the market is really bull run.
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I think altcoins has the most potential in the following months will be Ethereum. history shows that the ETH will have a strong growth only after the BTC in every time the market recovers strongly, we have recently witnessed the strong growth of ETH from the strong resistance of $ 300. This is a sign that ETH will grow strongly following the growth of bitcoin.
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Statistics show that more than 70% of Russians know bitcoin, which shows that Russia is one of the countries that care about crypto. I am not surprised that the Russian government will allow crypto transactions as a legal precursor. Using crypto also helped Russia avoid the dollar influence, thus reducing the effects of US sanctions.
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Someday you wake up and see a website that advertises that you will get $ 500k free XLM? If it can easily come to you, then I am sure it will be unfair for everyday hard workers to earn $ 10 in this market. I believe that free things come with scams and trash.
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Litecoin, having a brighter future than ever, the event having is approaching and the price of LTC is pushed up strongly. I think LTC can absolutely get $ 150 by the end of June, if I am not a dreamer, I believe LTC can put $ 300 at the end of 2019.
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Bitcoin is always the market leader, altcoins will follow the trend of bitcoin. If we want to see the growth of altcoins, we need to see bitcoin grow strongly to its peak and move sideways for a long time. That's when altcoins will be pumped, with bitcoin capital to pour into altcoins.
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I think the recent price increase of the market may be due to the impact of a political and economic factor. Although the growth seems unsustainable, I do not think this is due to pump by shark, the market recovered after two years of sharp decline is an obvious rule. Let the time to answer for us.
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That is the rule of the market, in a certain time, the market will follow a certain trend and the crypto market is not outside that rule. Bounty and airdrop is associated with the boom of ICO and currently the ICO market is almost dead, so never take bounty and airdrop as the main income. Just join bounty and airdrop when you have free time, don't put all your effort into it.
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Just because of you're losing your faith on altcoins doesn't mean that other people are the same. Infact, market showed many positive signs. I saw a lot of 30-50% pumps in the last few weeks when bitcoin recovered from $7000 to $8000. No one can tell you how long it's gonna take. It's just whether you can keep your patient or not. If you buy your alts when bitcoin was at $19k, I think it'll be long.
Beside self pump binance coin I don't see any worthy known coin that's pump 30-50%. I must of missed something. Precisely because of the time when you are losing faith in altcoin, when the shark is gathering it. Everyone's mistake is to pay attention to when the market rises to buy in and lose money without thinking about when the market is gloomy to buy. When bitcoin is priced at 3k $, I think no one dares to buy it but when it is 9k $, it is massively bought? |
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