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I do not think and cannot say bitcoin is overhyped because bitcoin has been in existence for a while as the oldest crypto and it also has a very good value compared to altcoin. Although the transaction speed may be slow and expensive but this is due to congestion in the blockchain. Bitcoin is the best and will remain the most valued crypto.
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I think the best altcoin to buy now that the price is down is ethereum and you can get reasonable profit when you hold for long term and it is possible for the market to still go down but I am sure it will recover before the end of the year. I do no think any altcoin can beat bitcoin or be doubled the amount of bitcoin in future because bitcoin is the best crypto and it will continue to rise as long as the community increase.
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the current price of neo is a bit low as of the moment this is normal,
but im seeing this coin by end of 2018 at 200 usd, good projects are coming out
supports are already aligning and is moving to overtake ethereum although this might take
like 5 years or less but once they already establish with more investors and more public
appearance this might change a lot for neo,
what are your calls fellow bitcointalk members?
I agree with your suggestions and believe but I am not sure it will be able to overtake ethereum because even if ethereum is at high price now, they will not remain at that point and will work harder to improve it thereby becoming even better than it is presently and it will get more supports and more investors will buy the coin and icos will continue to use it blockchain. Neo will improve greatly but cannot overtake ethereum. |
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you are asking the wrong questions, unfortunately!
sadly if you want to invest then being a "good project" won't help you in earning profit. being a "shitty" project usually helps more. the shitcoins get more pumps and bigger pumps and they usually go into top 10 coins which is currently filled with shitcoins. you have to look for pumps and learn how to use them if you want profit.
if you want good projects then it is a different discussion then. NANO is a good project. it is innovative and has good features. it is one of the DAG coins which are pretty interesting and fast. it also has 0 fees for all its transactions. but none of them can make it a good investment.
I agree with your suggestion and I think if you really wish to invest in it and you have done your research about it, then there is no need asking for other peoples believe of it because you are the only one that knows what you want. People will give their own suggestion and you are the one to make the final decision. |
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It is a good time to buy but it can also be very risky as the price can dip more but if you buy and hold for long term, when the market recover and the price of coin begins to rise, bitcoin and altcoin will also rise and you can sell at reasonable profit when the price gets to a price you are comfortable with.
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I doubt if litecoin will get to that amount this year as the sixth month is almost over and the price is still very low. I do not think it will even get to $1000 before this year ends. I believe it will rise when the market recover but it will need alot of time to get to this price.
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It would have been better if they have announced to encourage the use of already established cryptocurrencies like btc and eth etc, i always say that we should take all these developments positive, it just goes to show that crypto is the future and slowly but surely every country and company will start accepting crypto.
Yes, I agree with you. crypto will one day become accepted globally as more people and country will believe in its unique features. |
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I already hold
ETH
BTC
NEO
but I don not know about WAN and MAN. I also hold bitcoin cash because I believe this coin have very good future and potentials.
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I don't see anything common between cryptocurrency and securities. Cryptocurrency is not dependent on the financial performance of any company. The Cryptocurrency does not give investors any rights. Maybe some tokens might look like securities, but it's more like an exception.
howey test: >'there is expectation of profits from the investment' ... what cryptocurrency trader is buying tokens without expecting profit? I think I will agree with your point because there is no correlation between this two. In you invest first then expect reward or profit at the end. |
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I think to do day trading,you need to have a very good knowledge and experience of it before you start participating in it for you not to make total loss. It is not only about the money but also experience.
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I do not think you should call them crazy because you bought at a lower price, they never knew the price will dip this much any time soon. Yes it is always more profitable to buy when the price is very low but it was not their fault that crypto market dip this much.
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It will be a very good buy if you buy ethereum when it is at this price or even below and you hold it patiently on long term, you will make a reasonable profit because the price would have increased alot by the time you decide to sell.
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Yes, I took my time to memorize my private key and I even wrote it down in a diary where I can easily access it when I forget the password because without this key I will not be able to access my information and funds in the wallet.
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I think you should be very careful when think of cloud mining because most of the sites are scam but Genesis is very good site to use but I will also like to suggest you better buy some litecoin and hold term on long term to make profit by the time you sell than cloud mining. But if you have a very good experience of it, you can go ahead with it.
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The bear season is not over yet as we can still see the red but I am hopeful that the market will recover soon and coin will begin to rise up again.
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Yes, it maybe risky because we should not put all our eggs in one basket because anything can happen at anytime. It is better to spread the money into more coin because this even increase your chance of more profits and if one coin is not doing well, you can coverup for it with another one.
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I think you carefully look out for the manager reputation if it is good or not, you look out for the whitepaper, the roadmap, the community, the developer and the management team.
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I think the social media is a very good area to sell and promote a project because they have very large member and you can get a lot of followers if the project is well packaged and it has good marketing. I think facebook and twitter are very good platform to use.
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It is very good and profiting to invest in ethereum and if you have some more money, you can invest in other altcoin that also have potential to increase your profit. Ethereum is a very potential coin and it has a lot of promising potentials especially if you hold on long term.
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Yes, I believe that bounty is an investment because you put in your time and resource like the electricity you use to power your computer into the project and you get reward for that and it is also same as investing your money in a project.
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