Although the team has a good track record and experience, you must have your further analysis on the concept, ideas, token sale, allocation, and also the progress of the token sale. Every ICO may have the different situation. However, at least when it has a good team, the project may be good. Just do your research and decide wisely and carefully.
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I think that it is much better to wait for the next month or until the price is higher compared to the price when we bought the coins. Of course, it may be difficult. But, we cannot take the big risks to lose the money right now while we can make other option. Just wait for little more times to face this bear market.
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My involvement in the crypto world is to participate in more activities in crypto world. I am participating in the bounty program, trading, and investment (both short or long-term). reading and discussing in the Bitcointalk forum is also interesting to know and discover the update news about the crypto world around the worldwide.
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Investing in altcoins will give us the choices, between the lost and profit, risk and benefit, advantages and disadvantages. therefore, we must learn how to analyze between the two. if we have the right decision, it will lead us to something legit, or on the other hand. Altcoin still can give us more benefits. It will lead us to get the big income monthly compared to the office worker. But, once more, it depends on you, how you analyze and decide the right decision.
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First thing joining in crypto is only to get the income, much more money and profits. However, after joining and learning more about crypto, it is not only about the income. It is about the new way to change our lives. It is a great chance to join investment and trading simply. We can gain money and knowledge including the advanced technology here.
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In my opinion, holding is the right decision for now. For, almost all altcoins still have a low rate. It means that we may only get the risk of losing our money if panicking to sell our coins right now. Additionally, if we have more capitals, it is also a good time to add our investment, especially for the good coins with the low rate.
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2018 is still in progress now. Many predictions are visible that at the end of this year, the market will be much higher. But, some of them are also doubtful that it will rise in this year. As long as we can see, after the very high market last year and early this year, the market of 2018 may be going to drop again and again. But, there will be someday seen that the price is going to increase. Some predictions may be in the next years. Just see the progress.
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In my opinion, I still prefer to add the Ethereum amount in my portfolio. Ethereum still becomes a very good investment although the price is slowing down likely the other altcoins. However, precisely at this low price, this is a very good time to buy more and make it as the long-term investment. Among the three coins, ETH is more promising seen from its volume, popularity, price, progress, and development, and also, of course, the concept and usage,
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Well, it is just one of the risks of joining in the bounty. Just be patient bro. We are all the same. Nobody can guarantee that we can get the coins after working for bounty. That is why we must be careful in analyzing which bounty we must participate. I myself will really really consider the transparency of their community and token sale. It is important to choose the ICO with softcap reached. if no clear information, I will not prefer the project. Just move on from that sad experience and try other bounties for sure.
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Yes, no one can predict 80% that a bounty is a scam or legit. Here, we can only try to minimize joining the scammed bounty. of course, we must also analyze the ICO holding the bounty. We must know also the manager, its softcap reach, and also the development of token sold. In this case, never stop to follow the community on the social media, especially the telegram. We will know much information from them.
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It may make sense. But personally, I myself really wish that the market can recover soon, although slowly. We are all sick of the red market and the low prices during this time. Although we know that the market can change unpredictably, I really hope that the price can reach higher as in the early of this year. The relation of World Cup and crypto may be also.
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Now, crypto is very popular. Growing community leads the people around the worldwide involved in crypto. They are involved as the investors, traders, ICO developers, bounty hunters, and many more participants. Therefore, I also believe that some years later, crypto will be no longer an antimainstream. It will be mainstream. That is why holding some promising coins is one of my strategies.
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Actually, exchanges can be also hacked. However, in my opinion, it is also not too bad to put in exchanges. Every saving (exchanges, wallet, and other devices) may have the upsides, they have the benefits and profits saving our coins on them. Therefore, just consider which is best. I myself diversify some coins on some exchanges and some on my Wallets.
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Yes, persistence is likely the capital for you to make the profits from your trading or investment. It is your essential element to have while investing or trading. Te persistence is important to do with some good strategies, plans, patience, and more others. If your efforts and preexistence are good, I'm sure than the luck will always follow you.
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Basically, altcoins give me the chance to get the new things. It is not only about the money, but also the knowledge of investment and trading system in a business. I get many things from crypto especially the profits and earnings easily. When the price is dumped. what I need best is only waiting for the price higher when buying. So, I will not lose more money.
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Each of bank or crypto has the positive and negative sides to respond. Saving he money in crypto will make you get the profits much more than in the bank. However, it will get more risks to save in crypto because the price of crypto is fluctuating. Saving in bank is centralized therefore, they are saver exactly. But, you cannot get the big profits when saving in banks.
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There is no standard how much you can gain the profits from crypto. If your strategy is good, you can get triple profits only in few days from crypto. But, if you are lack of strategy you may lose your money. If the strategy only leads you for some considerations, you may only get small profits from investing or trading in crypto.
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It depends on how your ways to invest. Many beginners get their risks until losing their money and not getting profits from the investment. The factors may be: - too easy to decide buying some coins because of hype - Not having good strategy to determine the right time to buy or sell -. Too panic because of dropping price
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I really agree with you. Whatever the condition and whatever the business, knowledge becomes the basic foundation. Knowledge will help us to know and understand more about the business that we are concerning. In crypto, without adding our knowledge, we will get very big risks. Knowledge, in crypto, is very important to avoid being scammed, lost, and also panic.
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In my opinion, all of us will really hope to be ignored from the scams. Yeah, whatever happen, scammed is very worst and it is unfair that makes many people lose their money. However, to stop or to know early avoiding scams or giving punishment, I think it is difficult. Many people over there really know the lack of the crypto. They make a great-like ICO to attract the investors. After getting money, they go away and we are scammed. this is part of our risks investing in crypto. therefore, to avoid the scams, the only one is to analyze the project as careful as possible. By understanding their team exactly.
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