Looking at the fact that the yearly average price of Btc keeps increasing, and that cryptocurrencies are are one of the best performing asset classes(better than coins), holding at least one btc is definitely a good idea, even if it's merely out of speculation. Looking at its past performance, it'll definitely be a good investment.
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There is really nothing to lose at this point by hodling. Most of these cryptos you mentioned are already as low as they can possibly go, unless of course the project dies/fails which is unlikely.
Hodl, the auction rally will definitely happen. The market cannot bleed forever, just Hodl but when price rallies, take profits!
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I think the major reason why people are swindled online is because of greed and ignorance. Many enter into the cryptocurrency space witht the intention of becoming billionaires overnight. This mentality, without really understanding that price can move in any direction helps newbies along their path to huge losses. Also, their inability to conduct proper research before investing in a project is another key factor.
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Fewer people are looking to invest in a project considering the fact that they all tend to dump upon listing. Investors look to make profits not record losses. This trend is the major reason why many projects are finding it difficult to raise money from investors as many are looking to buy after it is listed on an exchange at cheaper prices than the ICO/IEO.
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Yes, I have been thinking about it- Is there no effective way to police cryptocurrency scams? If culprits can be apprehended and made examples of, it'll serve to dissuade them fast growing population of cryprocurrency scammers. Although I do not support regualtions but there has to be a way to crackdown on such individuals.
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Without some form of regulation to prohibit the creation of tokens that offer no real value with the intention of defrauding people, people within the cryprocurrency space should arm themselves with appropriate knowledge of how to detect scam projects, avoid projects with unresolved scam allegations, fake team members and any other potential red flag.
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Investing does not really have to take long but you exit strategy seems flawed. Yes, you can sell when you're in profit but what if you aren't. Even though prices have more than doubled since the beginning of the year for most cryptos, there are still those that are still in loss. Investing is good but knowing where and when to leave is very essential to prevent significant.
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Tron is a leading project in terms of market capitalization and if you're looking for a project that has 'shill-power', it's definitely Tron. Tron is technologically strong and in terms of news, can never be lacking with Justin Sun announcing announcements regularly. Buy and hold, it'll definitely rally! I'm already holding a small bag, looking to load up more!
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I am leaning more towards chinese/korean projects because with mass adoption in China, prices will definitely rally. All your picks are good holds but I am looking more at undervalued cryptos that could potentially outperform leading cryptos like the ones you mentioned.
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True, within the cryptocurrency space one needs to keep informed. I never used to check for scam allegations before promoting a project, provided I have done my due diligence and I am convinced the project is solid. I'll have to start checking. Thanks.
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Please do your findings before you come and make such posts. The Keybase airdrop is legitimate and started paying qualified accounts since Friday. If you didn't receive, you most likely were not eligible. That doesn't mean the airdrop is not legit.
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All these rating platforms are just a plot to make investors believe the project is a good one since it has been 'reviewed' by experts. These days ratings are not guarantee of project's success or even team integrity.
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If you have $500 to invest, you can buy one of Teeka Tiwari 's pick of you're into that type of thing. He has been known to call projects that do very well in the past, Neo was one of them. You can get a subscription to his Palm Beach Confidential or find a way to get the picks on social media.
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The Libra association which is behind the 'cryprocurrency' Libra are major mainstream powerhouses with users in the billions and hundreds of millions. Libra, if successul, invariably opens up the cryprocurrency market to its users by serving as a gateway. It's basically like those brands endorsing cryptocurrency as a payment means.
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There really is no way to sanitize the crytocurrency market of these useless alts other than regulations. Unless a project has proven they are fraudulent or trading below the minimum required volume specified by any excuse, they can't be delisted. It is up to the buyer to make good analysis before investing in any token, some just exist to keep pump and schemes alive.
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Anyone can create their own cryptocurrency, that is the reason why so many shitcoins without any real use abound. If you want to create a token/coin, what value would it be to users/holders? Does it solve an existing problem? Or is it just so you can make money off potential investors if you'll be looking to run an IEO/ICO?
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Although staked bounties seem more lucrative, bounty hunters may lose out eventually in the case of large influx of hunters. Also, the project may choose to reduce the allocation to a particular campaign if the number of hunters are fewer than they expected. I think fixed campaigns are still a better option, but all in all VIP campaigns with limited participants and staked pool take the cake.
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