Hello, please I want to know if an altcoin which has fallen below the ICO price can rise again and yield profit. I have up to 3 coins which has fallen below the ICO price and kinda nervous. Should I SELL or HODL?
I have seen one and that is electroneum. It rose x8 after listing on exchanges and when it fell down ICO price, it recovered x2 of the original price. Though this is just one of many ICOs I have encountered. Generally, I stay away from ERC20 tokens as it almost always immediately dump whenever it reaches exchanges and never ever recover from that.
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Hello, I want to invest my mined ethereum into some other cryptos. As the market is at it's low this looks like a right time to enter. Please tell which coin or token you think is good to buy right now.
Also i was thinking of buying Dent for some time. It looks like a quality project. Do u think it is any good for investing. Thanks
If you are buying coins with ethers, I don't think that's a good idea. It would be much better to hold that until the matket recovers. If perhaps you have spare money to invest it, a good buy would be coins in the top 10 of cmc.
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Perhas the public will be more accomodating with cryptocurrencies in the future. So I estimate the top 100 coins in cmc will survive. As for t the thousands of shitcoins, it will surely be taken out of the market.
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What do you expect from a bounty that promises to give a bounty reward of $7.5M? That's really absurd if you ask me. No team on their right mind would spend that much money on bounties. Even INS, the hottest ICO last year, can only do a $500k bounty pool.
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Guys all we think the next bull run will start soon. So maybe thats right time to invest more to cryptocurrencies. Do you agree that or should we wait more ?
Only the news can affect the trend of cryptocurrencies altogether. That being said, there's no way we can tell when a bull or a bear market is gonna start. Using TA to predict trend might not be helpful too. In this space, you don't ask someone else opinion. You enter the market when you want (after you made due diligence of course) and be ready to take on the worse that can happen.
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For me, the most unpleasant thing in the cryptocurrency industry is price instability.But this of course unpleasantly but I cannot say ,that this is bad.Vedt would be a stable price ,it would be possible to carry out sezde calculations of any coin,but we would not be able to earn at the races of course!
What's normal for the spider can be chaos for the fly; Perhaps for a hodler it would be stressful to watch bitcoin's price go up and down but price instability is a trader's friend as they profit from the volatility. I personally like this trait of cryptocurrencies, what I don't like however is the greediness of people when they shill a coin they are bag holding that causes newbie investors loose money. This ultimately hinders crypto adoption and needs to stop immediately.
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If I can choose a Bounty which can give more return. Have any indicators that can help me to choose a best bounty.
A good bounty is not necessarily run by a high ranking member. Not all bounties with high rewards pool are legit too, most turn out as a scam. What you ought to do is to visit their telegram group and see if there a lot of members there; more members means more investors, needless to say that it increases the chance that a project will reach its softcap (unless those are airdroppers and bot account, you can check it though).
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I have 500$, i'm kind of a short term trader, but now i dont have much time for it Please suggest me some alt for holding (about 2-3months), one of my opinion is ADA, is it possible?
2-3 month is a short amount of time for cryptocurrencies and ADA is one of those coins that are not fit for short term holding. I suggest that if you want to profit within that given amount of time, you ought to invest in ICOs. Your money can easily double if due diligence is done good enough.
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when market is going down what strategy you adopt??? like some people will sell or may be buy , some will hold or may be convert btc in usd. i would like to know from all of you about your planning/ strategy.
I would buy Ethereum if I had extra money and still hodl all my existing coin. IMO, what's happening right now is part of a cycle and the market will eventually go to a more profitable phase in the future.
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I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.
The risks are greater in CEX as this entities are favorable targets of hackers. It makes sense that since private keys of individuals are impossible to brute hack (not profitable too), they will target exchanges as all coins gather there. Better yet, move your coins out of exchanges if you are not using them. If you're a trader though, nothing you can do but cross your fingers and trust in the security of your chosen exchange.
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I have yet to see an ERC20 token with actual use case. Most are just ICO tokens that immediately gets dumped once it is listed in exchanges and others are used to scam people. Better to trust coins with its own mainnet or has an actual product.
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The market is down at the time of writing this post so it would be wise to buy some cheap coins if you have some money to spare. IMO, it is less stressful to just buy now and hold than to wait for the proper time to enter the market. But of course, that is entirely all up to you.
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In retrospect, the internet was first proposed in 1983 and took 7 layers to attain the level of its utilization by the public. Same thing will happen to cryptocurrencies. I don't believe that because the market is down or is in for a long bear trend it wont survive, it is simply all just part of a long process.
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Hi, guys, I found few articles on the Internet stating that BCH will cross BTC in few months/years. Is there any possibility? Whats your opinion?
Perhaps the article you've read was made by a roger ver d*ckrider or maybe he himself. Really though, for cryptocurrency adoption, growth is exponential not linear. What BCH did was to tackle the problem linearly by just increasing the block size. There will come a time that increasing block sizes won't cope up with the rate of adoption, and that is where BTC triumphs.
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Too much deception around, investor confidence starts to decline and the market reacts naturally! I think we need some mechanism to protect honest projects, some kind of association in which guarantees the reputation of the project, because all rating platforms are shit!
What do you think?
I lost faith in rating platforms, specifically icobench, when they have given a scam project (Benebit) high ratings. They should have spotted this one a mile a way given that they claim a 'professional review' of ICOs. Similar platforms might have done the same thing but are too many to bring up. The bottom line is to just do due diligence in what project you set your eyes upon.
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I first heard about bitcoin last year, August. Since then I studied it and decided to buy a month later. I am not a long term holder (and I never planned to be one anyways) but for some reason I hodled for until December. Luck is on my side when I bought in $4k, I sold it when it went to $16k.
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It seems to me that people are just accumulating and preparing for the next bull run. These past few weeks has shown less volatility compared to last year's Q4. Though in this space you can't predict the future base on the past. So we'll see what the news will bring us.
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I'd like to know first who am I entrusting my money to. So that being said, transparency of the team members is of outmost importance. Next would be the actual idea of the project--the whitepaper should contain all (if not most) of the information I need. Lastly, I would very much like to invest in ICOs that already has a working product, it shows that the team are dedicated with their goal.
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TA might serve as guide for more relatively stable markets like btc, eth and litecoin which cannot be pumped easily compared to shitcoins where it is susceptible to pump and dump schemes. I personally don't believe that TA will work on cryptocurrencies as it is much more effective on traditional trading.
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Same for all investments similar to stocks, the trend cannot be always going up. It has to go down sometimes to be considered healthy. I see no reason why the market being red affects cryptocurrencies being the future.
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