Good luck your entry is on time because Ethereum is at lowest price it can take some more dumps, but now you have to wait & hold, now hopes Ethereum will re bounce & soon will go near 500$ to 600$.
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We can’t say it’s the end of crypto, yes its right all coins will dump more than 50% because it was unexpected pump if we say bubble it will more better, and after this straight rise correction was also necessary.
And every one saw some big dump but bitcoin is still struggling for its value & we can see its still at high rate as compare September 2017….so it’s not the end but we can say bitcoin, alt coins trying to stable.
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When my portfolio has risen about 50% i take out 10%. (5% in euro wallet and 5% in new ICO's)
My strategy is very simple, I work out about project from where I got tokens if I think tokens are good & have a good future then I will hold them even the price goes down, because I’m sure at one day it will go up. On other side I sell 50% that tokens which are no good in my opinion & I’m not sure will I get profit or not so I will keep hold that coin or token 50%.
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You are right all market is almost 90% down, if we observe market then we can see a slow rise in market & then sudden dump make it red again. I think we shouldn’t stop trading but we have to take advantage from this rise & fall like other traders who are making profit from trading.
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Our portfolio is almost 4X to 6X down as compare January 2018, if we didn’t sell our coin in February or March 2018 then I don’t think we have to sell now in more dip. Now it’s better to wait for some good time, market will re bounce but when??? No one can tell exactly but it will pump. In other words we can take advantage from this bear of market…we can buy coin at dump & after we can sell them in pump.
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I think it will be difficult to predict about any ICO, because in this bearish market ICO are also suffering, investors are scared to invest on ICO’S. But in my opinion Traxion, DeStream & Iagon are good projects, running by well experienced team.
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In January 2018 Facebook release some news regarding ban ICO campaign & even we saw Facebook remove some ICO promoting pages, but it happen for some period after that we didn’t observe this kind of activity from Facebook.
Right now almost eight months passes away & Facebook didn’t taking any action against ICO prompting pages, Facebook campaigns are running smoothly.
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My first bounty was token from Everex & it was worth of 250$, second got from Hedge then from Genesis Vision & Aeron. In the first six months of my bounty campaign I got huge amount. But after that next six months was not such fruitful like first six months, but I’m not disappointed & working hard & hope full for my 10000$ plus portfolio.
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Agree with you, there is no doubt about it & we admit ETH king of ICO. ETH is used in most of ICO & a popular coin in ICO, that’s the reason of its huge market cap & growing community. Standing behind the bitcoin, positioning second on CMC.
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In December it was not a right decision, because at that time bitcoin was at her higher value. But now we can say it is best time to buy bitcoin, price is in dump you can buy at cheap and then you can sell when it will rise again.
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Hold is best policy at the moment according to market nature, don’t be panic & don’t sell your coin at 1000% down rate. You have to be courage for hold your coins for months or may be for years…but don’t sell in loss. Definitely market will recover in some period like in months or in years & you will get profit from your coins which are almost 1000% down right now.
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You are right now market is down, so it’s better time to buy alt coins especially bitcoin at low price. If you show patience then you have to wait for market re bounce, when market will recover then defiantly bitcoin will go up & you will be in position to sell bitcoin in profit.
It will be better to buy bitcoin from this dump & hold till next big pump to make profit.
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In current position very difficult to predict that bitcoin will jump again or not? But its look like a huge pump no possible, the reason is most of people aspect this pump but whales try to take advantage from this & they are still taking profit even from bearish market. Bitcoin will go up but will not take a big pump & follow the rule slow & steady wins the race.
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You have to trade with big heart, because if you want to earn something you have to fear less. If you are planning to trade with a short term then it is better to invest small amount, in this condition your profit & loss ratio will be also small, but you haven’t any fear to lose a big amount.
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I’m agree with you, before December 2017 I didn’t observe any big bubble in bitcoin price. But after 2017 everyone saw a major bubble in bitcoin price which takes bitcoin near 20K & it was created by big investors. Now if we saw bitcoin in September 2018 bitcoin is around 6K, it has to understand that it was a big bubble.
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