If it wasn’t the Corona Virus it’d be something else, there are dishonest, lying scammers in walks of life. It isn’t just in crypto, I’m sure many of us have been scammed on Paypal for example. Just keep your wits about you.
It always happens no matter what crisis or tragedy we are in there are people who really like to do the bad deeds just to get what they want. People should know their rights and be wise enough not to support those who scam people. People should have to know how to distinguish the legitimacy of the charity before giving something because we are dealing with a real money here. There's a need of much deeper knowledge in regards to this kind of scamming activities, lots of scammers and hackers are taking advantages to people who are not that aware of this kind of practice, especially now that there's spreading virus and scammers seen opportunities to trick those compassionate people who are willing to help others from surviving to this pandemic virus. It's best to keep your research before joining or participating to any activities that offers related things to this virus.
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Crypto is showing good positive signs of recovery and Halving is weeks away now, I expect some huge adoption in next coming weeks and hopefully there will be a strong rally this time
It's showing good sign before the halving, there are still people who have reserve money to invest and try to lift this while waiting for this halving to take place, it's good for a while seeing that the value around the market is rising not just bitcoin but also those other alternative coins are moving good alongside bitcoin. Looking forward for more positive movements from the market even there's still virus that the entire world are facing.
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Miners will not quit because of the halving like many people seem to think. Those who are quitting now are probably being forced to do it because of the virus. Many companies have been shut down and quaranteened and Bitcoin mines aren't an exception here. China has closed its borders in preparation for another wave of infections and this had to impact the miners located there.
We think of the miners as gigantic organizations with lots of cash in hand that can survive anything but the majority of miners are probably persons that have a few miners on their own and that are part of a mining pool and they do not have the cash to survive for that long, there are estimates that say that it takes roughly 6k to mine a bitcoin and when the halving comes that number will go up so the majority of those miners are not going to have the money to mine bitcoins for a loss for long and they will have to shutdown their operations because of the halving. Reality that's needed to face after the halving, small miners will suffer as numbers of possible bitcoins to be mine will be lessen. Only those big companies are capable to continue and take advantages of those bitcoin which still available after the halving. Small miners will surely move away from this business as they can't survive with the amount of expenses over the amount of shared mines that they will earn from their mining equipment.
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Although this year has not been what we were expecting but I think there is still hope hanging around. As for Bitcoin halving, the impact will be felt because no one would like to miss out on the gains to be expected, which will help readjust the market. As for new projects, no one can really say, some might decide to suspend while some might continue, everything lies on what the team want and how they wish to go about achieving it. Lastly, the Corona virus pandemic is causing more harm then good, there is no benefit at all.
Corona also brings fear to both holders and possible investors, if this virus will continue for more months we can't tell if there will be good news that will comes up, once those holders needs to use their emergency funds those invested money inside crypto will be liquidated and it will cause more dumped. It's needed to have some good news aside from halving, finding cure/solution for corona definitely the best news everyone are waiting.
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I doubt that you need to blame the CMC here. I am sure every sensible developer approaches the issue comprehensively studying all sides of the issue, including incorrect data from the CMC. The primary reason that developers choose shitty exchanges is greed, they want to go cheaper on the exchange leaving most of the money to themselves.
That's The different between real developers and those scammers who are just after with investors money, for concerned and true to their works finding the right information and use all the data that they will be able to take advantage for more progress of their projects will be collected. For those who are here to scam they will not be concerned about anything as long as they've done listing the project then they're free to runaway.
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Depend with altcoin I have now, if good position on coin market I will hold several months later and waiting give profit or keep stay with lower price. If last point happen with my assets better I sell and take party with other investment coin and hope lucky with get much profit.
Solid project where investors are still investing are coins that you can hold for more months or up to a year, there are always potentials that this top rated coins will go up when bitcoin start to rally back. Sentiments of all cryptos are relying still with bitcoin so better to buy and hold only those who are still on it ground surviving the bear seasons. You can sell those coins that are not performing then invest with good coins that currently low in price.
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This was on my mine 24/7 after the outbreak of corona virus,this is world war 3 by china (biological war we can say) stock market is crashed and china is buying all the stocks in very low price this all is a strategy of china to bring down the economy of every country and buying all the stocks at very low price the virus didn't even go to beijing or Shanghai its locked up in wuhan how is this even possible,this all is a strategy of china clearly in my opinion
No one knows but every opinions are open since we all have our own interpretations from how this things went. If you will look forward and deep down from how they manage to grow and how they are now working from each side of the world, china did it well and since there's an pandemic virus which also can be related and not just a coincident but it's really near to reality that everything happened for a reason.
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Atleast they have to learn about researching before trusting anything when they found on internet no matter whatever it will be. Beginners sections have lot of guides to find scammers and phishing sites so anyone don't know about it visit that section and increase your knowledge on getting safe while using your cryptos. Before and foremost this should be prioritized as keeping your keys are very important to keep you being safe while you are working inside this business, there are lots of guidelines that everyone should be aware, most of the time mistakes really harm your investment if you fail to protect and secure yourself and your assets. Keep in mind that every time you are inside this industry you need to keep yourself protected. Do your research before doing things that will may harm you.
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I am very scared of this year 2020, so many scary things had happened lately and the current one is the the most scary one which has brought fears and downfall both online and offline. But I still believe things will go well once this virus fades off and I know bitcoin will certainly increase before halving. Let's just be positive and watch market. Nothing to fear about. Ensure you are protected which is the ultimate.
It's really scary when it first broke out but scientist are in a hurry for the vaccine and there are already vaccine and cured but the clinical test will take some time, there is still hope, even though what happened is a big backward step to all of us, but if the virus is contain and a cure is out we can still hope that 2020 is a year that we hope for. The clinical test if being approved will be a relief to everyone of us, after this virus people will again start to find ways on how to earned both stocks and other forms of investment will be considered and since there's already possibilities with regular fiat being a medium of transferring viruses for sure most people will also consider alternative ways, bitcoin/crypto will also a good alternatives.
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ICO and IEO are for raising funds, what about bounty? To create awareness around the web to get more investors right? This makes it two ways for projects to gain investors, I would have said ' why do new projects need bounty hunters for then' but bounty hunters are playing a big role here as you can see that's why we keep seeing bounty campaigns from IEO projects, although not all of IEO cares about bounties
There are only a few crowdfunding projects that succeeded without the help of bounty hunters, 90% of them always do a bounty campaign, it's free marketing for their project and crowdfunding, if the project fails to generate enough funds they are likely to delay or lock bounty hunters rewards, they don't want bounty hunters dumping first their token so they lock it or delay payment. It's been the process when new projects needs traffics and possible investors, the service of bounty hunters are needed to bring awareness and bring traffics to the website, Regarding to the delays that's mostly the case where developers are keeping the stake to avoid huge dumped though it isn't the hunters who really affecting the value but those early investors and the developing team itself.
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Stop speaking about altcoins like their price action has some seasonal variation of sorts, it doesn't.
Just buy when ALL the signs are bullish, and sell when shit hits the fan, it's really not that difficult.
If you sit around for years waiting for an altcoin season you're going to miss a huge amount of trading opportunities, particularly if you are a swing or day trader.
Well, yes, everything is really as simple as you wrote. But most often it turns out so to determine which season is now - bull or bear, it is very difficult. That's how it is now))) It seems to be already at the bottom, but what tells me that we can dive even deeper It can go deeper as the situations that affecting the entire world are still dominating, talking about corona and the effects of this virus to financial industry. You need to work with how you understand and how you believe the market will go forward, the season might be more on it's bearish stage again. The only thing that we should be concern by now is how we can hold on with those reserve assets that we are keeping. If you have spare and willingly take the opportunities then so be it.
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Don't expect too much, bitcoin price will be up slowly. And never saw like halving event at 2016 ago bitcoin price was up automatically when the halving event happened. But it need several time for the price up. As you remember all time high for bitcoin price was 2017 ago that at that time its price was able to reach $20.000 whereas in the early of that year bitcoin price only $900 and at the end of that year bitcoin price touch $20.000. The investor need more time to buy bitcoin and keep hold them. I think it will happen with the current situation and the increasing price will up at next year.
There might be a sort of delayed regarding to the actual impact of incoming halving due to this Corona virus, most of the investors are concern with their financial status while battling with the virus, choosing life first before anything else. With such behaviors investors won't be in focus in terms of investing their money to anything, but instead, they will consider things that will keep them and their family alive while the virus still exist. People who still have money and can wait for the effect of halving keeping assets can still be perform.
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Well he is in the right time as we all can see the bitcoin's price has drastically decrease due to the recent corona virus outbreak that has affected all sector of business. We maybe seeing a huge surge in the price once everything gets back to normal. And I read an article that CZ(Binance founder) believes that bitcoin's price could go up to $100,000 in the near future if that happens we will be seeing a great future in blockchain industry.
It's depends from how the person perception and believe, those who are in positive inside this industry holding and waiting can be done, sparing reserve money and invest into crypto market might be a good option. The economy always have a good run and if ever that more investors will join in and start to bring more people to work with then surely it will impacting movement and e will see good future from this industry.
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I don't want to exit from crypto because i think the market will come back to normal again. It has happened many times that bitcoin and crypto price was falling and then come back rising. Lets just wait and see, the new all time high in cryptocurrency market price may near.
It might take another months or years since we are still experiencing concern problem with this pandemic virus and people still panicking on how they'll be working with their investment. Though it's tough to tell whether the market will rise high or it will continue plunging down make sure to always assess to yourself if you are truly believing with positions that you are taking side with.
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You can now begin to think they are running the world already, they know how to do it, they know when to do it and they know to take advantage of it. Of course they are prepared for it, they could have been planing it for decades just when they learned they can cripple economies by flooding the market with their cheap products. They are also buying the stocks in US, literally they own big companies in US.
That's how good this Chinese playing with types of environment. With the way they've anticipated where things possibly heading and how they've position everything, we can assume how things are being settled by this people. They've got more investment and they've really taking advantages of their cheap laborers, Chinese strategy is working well and e all noticed that from every factors of the economy.
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There is another down fall in the market if this news is true. Many Russians using cryptocurrencies I don't think if they can accept that they will never use crypto. Well let's hope this is fake news because you know many fake news in social media.
All we have to do is to wait for the confirmation coming from those active members here who also residing from Russia, they're the one who can verify the legitacy of this news, though there are already concerned from this country which is not really in adoption period for this industry, let's see if how this information will be verified and what will be the impact from the entire network.
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You want to quit your job and take care of your valuable life to do what you want to do in life, then you should start investing and start generating your passive income that can give you stream of cash flow every months without working, so that you can begin to planning your life and travel to enjoy what the exciting world await your visit. Don’t wait until you’re too old, start investing and living the life of your dream.
Probably someone mentioned this but yes, it is easier to be said than to be done. Investment is not an easy thing, this requires a lot of knowledge and must put a lot of time and effort upon it otherwise all the money you've invested will all be in vain. I like the idea of having a stable income at early age the fact that you can able to enjoy your life much longer compared on working on the rest of your life. If you are Keen in discovering the right business or investment that will bring good outcomes then you'll be able to succeed in your journey towards having a comfortable life ahead. Getting into investment that will produce passive and long lasting outcome is not easy but if you are a goal oriented person everything will be possible in achieving positively.
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The panic sell is because people have been laid off work and need money to feed their household you know. That's why so many others are liquidating their assets and mind you not every country is giving its citizens money like what we see in Europe and USA.
It's been affected and those who are in a third world countries where it's hard to survive without any 8 hrs labors investors and holders from such places are surely liquidating their assets and using their fiat to feed their families. It's really a game of survival and most of those small players are not capable of taking longer time frame in holding their investment inside, panics are being felt and if this virus will continue to infect more places we will expect that the market will experience another hard downfall.
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Which pair do you swap, and how many are them?
I think the more trading pair the more volume the coins gets meaning it should increase the visibility of the coins available to trade the interested project you initially wanted to trade. I initially swap more of bitcoin to altcoins but hardly swap altcoins to bitcoin instead I trade them on well established exchange. Swapping bitcoin to ethereum is my favorite of them all. On my end, it's either doge/btc or eth/btc or vice versa. Because these pairs for me, they have low transfer fees when you go from one exchange to another. And you will find them in most exchanges as they are one of the popular ones esp eth/btc pair. You can also see which one is popular in every exchange by checking the trading volume. You can pick from those known coins that will bring your the benefits that you are really looking for, best practice is to keep reading and studying those coins and check whether it's good from the time you purchased it, also to consider is the volume and how other traders are working with the project it will also guide you to make a proper assumptions either you will use it to trade or to invest for future benefits.
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Fiat is the most stable asset when there is economic crisis all over the world so people are converting their assets into cash which makes it more stable now but this is not going to affect cryptos anyway mostly that is why we are facing recovery state of cryptos from the huge crisis states.If people think cryptos are stronger than fiat then it will bring good future to cryptos and it seems we are heading into that way.
We are seeing good movement from the current market, there are people who are working and pushing this industry. we've seen progress and if this will continue and more and more investors will follow expect a much bigger benefits from this economy. Try to find a best place according to your understanding and how you assess greater future for your investment, keep sorting while seeing the opportunities during this pandemic virus is affecting the mindsets of those traders and investors.
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