I tend to keep the coins i earned from a bounty and follow the updates from the dev team. If there is nothing going on them i'll dump them, but if the roadmap is good and the product is progressing well then i'll hodl until there is an uplift in the price. No point dumping perfectly good coins when it took a lot of effort to get them
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Majority of us are losing money so join the club! We're not worried though as it is all part of the cycle that happens every year. We're in the bust phase but the boom is just around the corner. If you want to make gains, get coins at a low price like it is now, and then sell them when they get to the top
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It depends on the value of the coins in the country where you live. If you can make a few dollars collecting airdrops then you can buy a lot of food for the day in third world countries. As more people learn about bounties and airdrops you can expect more to join and their payment value to plummet
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The good thing about bounties is that it offers the opportunity to get some really good coins without using up your bitcoins to buy it. Some bounties are not worth much though so it is important to pick a good project. Others may use it as a way to avoid the tax man
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Prices are deceptively low and people are giving up hope of it rising, this is causing people to sell up and leave crypto. Opportunities are there to pick up from weak hands, if they want to panic sell or have a situation where they need to dump, then others will benefit
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It depends on the skill of the investor, it's kind of like gambling but if you're like a good poker player who can make money out of it then it is more profitable to day trade. My skill / luck isn't particularly good so i'm going to stick with long term hodl, but need to be aware of the ups and downs
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It could be one of the reason why ethereum is dropping now, people are switching to ethereum classic. The price now is really low compared with regular ETH so investors are switching hoping for bigger gains. Ethereum will rise but i doubt it will be faster than classic, so time to switch
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There are no secrets in crypto, that is the beauty of it. If it was a bunch of bankers they would be hidden transactions done by swiss banks, but on the blockchain you can simply check etherscan. Please can someone publish a link for the transactions so we can all scrutinise it
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Altcoins will eventually recover, but the shitcoins will simply wither away as demand shifts to more useful and better coins. Ones that are simply mineable and have a catchy name are not worth anything and people will eventually realise that they are wasting their time on those
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One thing you forgot is privacy coins. Think of all the uses of crypto such as purchasing goods underground, they will want to use an anonymous coins instead. Monero, Spectrecoin, DeepOnion, and all the other good privacy coins will eventually rise up as crypto use increases
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Hodling is not enough in this market, you should be accumulating more before the price rises. If you run out of funds then just hodl and wait for the bull market to return. Shorting the markets is difficult as it is unpredictable and unstable. A price rise is almost certain if you are patient enough
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It is not a good profession to be a crypto trader unless you have experience and can practically guarantee a profit in all types of markets. During bull season everyone can make a profit but during times like this you need to be able to earn enough to survive, and most of us are making a serious loss
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There are few airdrops that are worthwhile. Often their coins are worthless and won't even hit an exchange, if it does it will be etherdelta or one with 0.01btc trade volume. It would be better to spend time on a bounty campaign for a project that is worth supporting.
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There is a difference between will and should. Ripple is a centralised coin with an unlimited supply, both of which should ring out alarm bells for any investors. Somehow Ripple got pumped and now they have attracted the attention of the whales. Real banks will never use it, maybe some small independant scammy type bank possibly will.
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It could be due to the increasing competition from better platforms while ethereum is all blocked up. NEO is one example, QTUM is another, all faster and easier to use. Also less scammy ICOs which means they are more likely to collect and hodl their platform coins, unlike the scammers on ethereum who will dump ETH asap.
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I've had problems with bounty programs but not so much the manager. Sometimes or in fact almost always these days the bounty deadline is extended as they didn't meet the required level of funding. Can't blame the manager for that, but it is annoying. Worst is when they change the stakes as well, that really is a breach of rules
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It depends on what the coin is offering. The ones that are just clones offering a method of payment will simply evaporate. Bitcoincash, litecoin, there is no use for these coins after the lightning network is full implemented. Ethereum, NEO, and other useful alts will prosper while the others will simply fall.
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The problem with whitepapers is that they can be easily copied, and with the number of ICOs being released these days it would take a sharp investor to recognise that a whitepaper has been copied from an old project. The best way to identify real projects is to ensure there is a strong media presence i.e. youtube videos, and also photos from blockchain events
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Apart from tether you should take a look at coinbase news. Ethereum Classic has survived the storm due to to the coinbase listing. Anything that gets on coinbase pumps even more than getting listed on binance. Extreme market conditions however are just un-investable. Tether up and wait for a recovery
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We all feel like we have sold our coins at the wrong time. The market swings constantly so eventually it will end up higher than your sale price. To sell at the absolute highest point would be a a stroke of genius and luck. Just think about the investors who bought bitcoin at 19k, those guys have been kicking themselves every day for over half a year now
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