Ethereum is getting wiped by the bear matket and this getting tiring for those that want ro see bull market by december. It is bettet to see the market with long term perspective so you could focus your attention on something else!
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May be this is the journey to three thousand dollars predicted as support for bitcoin price this year. If it happens that bitcoin dump below five thousand dollars, I will take loan to start buying till it reaches 3k!
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Both are beneficial in short to long term basis, what will determine the profit outcome however will be the objective and aim of the investors. If you are value investor like me, you will most likely go long on your holdings!
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Long term position in cryptocurrency market is good for individuals investor. When market is highly speculative, the future value could be astronomical. But if you sell your coin to early you would have sell yourself short!
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I think I will invest in bitcoin first depending on what is happening in the market. The bitcoin will be like my base currency as I move in and out to get the best entry position on quality altcoin for future profit.
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It's not a surprise actually because the position on cryptocurrency market cap is not a permanent position. The cap of individual coin could rise as a result of many factor. And when this happen, there will definitely be some repositioning.
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Price drop of newly listed token could happen as a result of my factors in cryptocurrency market. The cryptocurrency market may be bearish, people will be less enthusiastic about future of such token and they may sell for any amount.
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The issue of price stability is very relative in cryptocurrency market. Stability is still elusive in cryptocurrency marke. It is best to factors in this when you invest in cryptocurrency so you could be ahead of the market when volatility start to cause instability.
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For ether, myetherwallet is the best and very versatile and safe wallet I have seen for keeping ethereum. Myetherwallet is not actually in the sense of keeping your ether on your computer or other server somewhere. With myetherwallet, you have access to your coin on the blockchain and it is safe on the blockchain.
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Yes, ethereum can break it's previous all time high price price again. For how long it will take for that to happen, nobody really know. I will however keep holding ethereum for such day to happen.
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Cryptocurrency is a direct competition to what make money and wield enormous influence and power for the government. Cryptocurrency also is treat to the government generating income through tax and levies that could easily be bypassed by trustless transactions of cryptocurrency.
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Cryptocurrency market is highly speculative market and in market such as cryptocurrency market, the present price is usually not the true value of cryptocurrency assst. Price is subject to Change very quickly. So, hold your coin.
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I will not trust any celebrate claim or endorsement, but I will buy celebrity endorsed coin or ICO for the hype and speculative value. Most time, what generate interest for investor's involvement and coin success is usually the buzz surrounding a coin or ICO.
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For the most part of the year, what we have seen in cryptocurrency market as been anything but bullish market. There are of course occasional bounces in price, but those increase are short lived.
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I think the information contained in my you know your customer details should suffice for any accreditation and confirmation of your identity. Asking for bank details is way above the regular requirements for trading cryptocurrency.
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Making money in downtrend market is not as easy as it is spoken of, the best way to approach down market is to be patient, dwelling more on fundermentals than technical, making effort to buy low price and hope for the best in the future.
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I have mixed feelings about regulation of cryptocurrency, I think regulation is what majority of cryptocurrency stakeholder and participants are trying to run away from. Regulation is not compatible with decentralization. ICO however could be regulated because of scam.
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Well, for some people, thirty percent jump is something and they most likely going to sell and get profit. But some others, thirty percent does not justify their effort and they are likely going to ignore and wait for better valuation.
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I am consolidating my holdings to greater value. What I usually do in bear market is to hunt for cheaper price possible I can find in the market. My options are limited during bear market, so I try to maximize my entry position!
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Many new project issue their tokenvon ethereum platform because ethereum has been used again and again. Ethereum platform is stable and reliable, and it's not likely to put your funds and work at risk!
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