It depends on what is meant by the word “useful”, many coins from the top 100 do not do any good other than financial ones, and at the same time there are projects with a really high-quality product, but they are not in the top 100.
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For me, the determining factor is how much the project will be in demand in the future. For example, the time for flying toilet bows has not come yet, but for a taxi on the blockchain completely.
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Yeah I buy ccoins which is not even in top 100 or even top 1000. I don't care what their position bead if the project is good then I always go for it. But sometimes it depends how much I put on this type of question. I always said that put most of your money in high cap or mid cap coins. Cause those coin which have small amount of market cap is always risky. But this type of coin always give a huge amount of profit. So if the project is good I put a little bit of money in this projects. If you have the knowledge about this market and you can take the risk. Then you can go for it. Otherwise go for high and mid cap coins.
For beginners, this strategy can be disastrous. It is necessary to understand well the structure of the market and individual projects with low capitalization so as not to incur significant losses in case of negative outcomes.
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Thank you for sharing information with us. As a not quite experienced trader, I can learn a lot of things that I have missed. I hope this will save me at least part of the mistakes.
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Why not? It is important that you do not become poor in the process of investing in Bitcoin. Of course, your investment will pay off, but who knows how long it will take. Invest wisely.
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The right choice is currently buying the top 5 coins because the price has an effect on the market and has a greater growth potential than other altcoins, especially ETH and I hold ETH until the target portfolio is reached.
A good choice would be to buy any coins with a good capitalization, not only those included in the top 5, they will all grow with the growth of the market and give a profit of no less than x2.
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Of course, the burglary situation is extremely unpleasant, but I don’t like how many white spots remain on this story. For example, why have 80 stolen bitcoins returned to a hot money wallet?
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All analysis certainly never guarantees we can be successful and profit from trading, I think trading is like gambling because it has the same two sides, namely loss or profit, of course it's all up to you.
100% guarantee is never and never will be, however, analyzes help at least approximately adjust the course and determine the likely outcome of events. Without analysis, we would be completely blind.
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The market will move after Bitcoin, which means that it is the cryptocurrency you must have in your portfolio, at least partially.
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Having a permanent job is better than investing your time in cryptocurrency because your income is secured and continous. Earnings in cryptocurrencies varies and it always contains risks because of volatility and price cycle. Presently, the cryptocurrency market is experiencing a bull rally because of bitcoin and many altcoins had continuing price uptrend but I still prefer to have a secure employment and trade only when there is enough time.
But in this case it all depends on how much your capital is and how you manage it. If you are a trader, you can earn money in spite of the investment portfolio.
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Investing in Bitcoin, you don't need to think too much because profits will automatically come to you over time. I think this market should only trust Bitcoin because it will determine all trends in this market. In fact, all whales are only interested in profits and they usually only invest in Bitcoin to make a profit but if you don't have big knowledge, you should only choose long-term investment because Bitcoin will soon price is $10,000 this year
Yes, the profit will definitely be over time and it is a good and safe investment for those who are ready to freeze their investments for an indefinite period. Personally, I prefer fast cash flow.
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A good trader earns not only on the growth of the market, but also on its fall. This is what traders differ from holders, they always earn. If you need a change of trade in order to be a good trader, I have bad news for you.
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I have got too much experience with investing in scam coins ,I have lost too much money with them so now I am searching only for promising project with solid and experienced team.Guys,be very careful in your choice before investing in Icos or joining bounties.
In order to never fall into such a trap, you will only need to observe one rule “Always invest only in work projects with ready-made working products".
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It seems that this hack will only benefit the exchange. Only 2% of the total capital of the exchange was stolen, and the subsequent actions of the founder show that such hacks are not dangerous for him.
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For me, as for the holder, the biggest fear is to make a mistake and sell a promising coin at the beginning of its growth, unfortunately the cryptocurrency market pushes us to the like.
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In trading, in order to have a constant profit, you must always follow a trading strategy. It is especially hard to close trades during growth, but the discipline makes a good trader out of a bad one.
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My economics teacher said the following: "Your trading budget is like a boat in waves, the smaller it is, the harder it is about wave oscillations."
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This is certainly nice, but those who bought Bitcoin at a price higher than $ 10,000 still have to wait and hope that their deposits will soon be defrosted.
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Of course, new platforms will offer additional bonuses for being one of the first to use their services, but do not be fooled and take your time, better wait some time to see if the platform works in the stated mode.
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Looks like a lot will celebrate once again. I'd however be very alert when all these will end because I don't want all those profit be gone once again. The bear market seem to have ended more than a year, it had terribly made me half during the year, I have to sell the alts I have for less the price I intend to sell.
It seems to me that there is nothing more tedious for the psyche than to rejoice at every jump in the market up and worry about every jump down, and after all it is these people who create the most about the bull run or the next recession.
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