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I don't love investing in ICO with current market condition. Right now I buy altcoins and hold them for long-term period. Also I fix profit when price goes up to 25-30%.
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Nope, we can't compare these two network. Both of them have own idea and functions, Ethereum is more platform for ICOs and innovative projects, but Bitcoin is the store of value.
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If you invest in coins for short-term, it will be difficult for you. Somebody bought Ethereum when it was $ 1200 per coin, and he can tell everybody that it is scam. Market is something strange and unexpectable.
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A lot of projects are trying to get money and that is the end. They don't care about community, investors, etc. Most of projects don't need blockchain as technology and transparency!
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I usually look at coins and exchanges (trading volume, exchange rating) where I can buy them. Also I analyse project's perspective, team, advisors, partnerships and many other factors.
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Popular exchanges sites never admit to having bug in their systems. Because this will affect them greatly. So whether they are hacked or not, we never know. Just remember, no system is absolutely safe, the important thing here is how they solve the problem.
Yeah, nothing is 100% secure. But I believe that Binance is one of the best platform and I've never had problems with this platform. I have been storing more than $ 2,000 on it during 3 months. |
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I don't use these sites, but news is amazing. The more platforms accept crypto, the bigger and stronger ouw community. I hope that in one day ebay and Amazon will accept BTC and ETH.
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Why don't you use hardware wallet? I think that everyone who has large amount of BTC or other alts must have this device. One wallet and no problems!
The best way to protect yourself - don't tell anyone about your assets.
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Yeah, and it will always be until we will trading everything to ETH or USDT pairs. I think that in 2-3 years we will see great alternative for BTC trading and alts independency.
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Investment in altcoins is more risky. Some of them can lose 30-50% of worth in one day. When BTC is going down, alts are going crazy... Try to invest in more stable coins like ETH, BTC.
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The main problem, as I think, that people buy crypto and want to get fast profit. As soon as they lose 15-20% of money, they sell and tell that "crypto is the pyramid". I want to believe that in future everybody will learn more begore investing money!
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If you have a plan to invest in the present day it's best to hold you first. because we know low market sales. it is better to buy the token and then hold it long until the exchange increases so you can sell it for more money to receive.
I don't know about tokens because all of them going down. But top digital assets are great to gain profit in long-term... |
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Right now price is normal. After fast rally you can't have stable period on market, so this correction isn't bad. Maybe in future we will see BTC with $ 20-40k price, but for that something must be changed.
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I don't know, better to hodl. As I can see, most tokens go down to x 0.1 from ICO price. If you have extra money and can wait for growing, don't sell after exchange listing.
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I always read analytics prediction, but also I do my own researches. I don't trust anyone when I make decisions about my money.
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I hold my alts and buy more BTC and ETH. I believe that by the end of the year price will recover and we will see $ 1000 ETH and $ 10k for BTC.
Alts onlt from top-20 according to market cap.
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Normal period of time for such gain. Traditional market won't help you to earn the same money. I hope that BTC is our future!
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Yeah, maybe you are right. But the deal is that nobody knows what will be with BTC price tomorrow. Even top analytics change their predictions several times in a month. I want to believe in BTC higher than $ 10 k, but...
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Hackers love money. They always try to hack banks, financial institutions to get money. Hackers will concentrate attention on our assets and you can do nothing with this. Just use standard recommendations for wallets (accounts) security.
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Nothing is impossible. But I think that medical industry will integrate BTC later than others... First of all, it must be banks, financial services, supermarkets, large ecommerce giants, etc...
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