Do you recommend investing in Ethereum rather than bitcoin for holding now ? Or Bitcoin should be first ?
I really think that ethereum still has a lot to improve and on fairness to it's developer, they are really developing and improving it's platform before or after an issue or problem occurs. Both can still be a good investment for a long term hold, just diversify your investment to be safe and watch out for current events that might contribute to market pump. |
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I just passing by in the Bounties(Altcoins) section to find some good project and participate to one of their campaign and there's one campaign I've visited and asking for KYC in order to receive the bounty reward.
Actually I've seen someone asking in the meta section about the this but I forgot where was it.
Well I will just going to give my opinions about here in the altcoins section because I know most of the participants of the bounty programs are posting here.
KYC (Know Your Customer)
A KYC (Know Your Customer) is used to ensure that the people who're going to invest to a project are qualified for example they have a record about criminality, immigrants, etc. This was used to review the investor and make sure they're credibility and also KYC is used to fight money laundering.
Now let's go back to the topic. I've seen some bounty programs that's asking for KYC documents in order to receive bounty I don't think it's necessary to ask KYC Documents from the bounty participants because:
1. They don't Invest in the project.
2. There's no need to ask for the credibility of the user for promoting their project.
However I've seen some people are still participating in the bounty program, I just want to know you the risk you're about to face when you submit a KYC document to a untrusted project/program:
• They may use your details to fraud.
• You may be accused for something that you didn't do.
• Etc.
Well all in the KYC documents are your personal information and It can be used to different illegal things. But after all it's the decision of the participant if he/she's going to submit KYC or not. I just want to be aware guys that you should be responsible for choosing what program/project you're going to join.
PS. I didn't say that the bounty project that's asking for KYC is scam or any fraud related, I suggest to study the project itself first as well as the team behind that.... and the reason why they need your KYC document for participating in their bounty program.
This is true, it is really scary or unsafe to disclose yout personal information just to receive a reward. However, there are bounties that are abused by some bounty hunter where they sometimes use multiple accounts to gain more income. So sometimes managers or project team want to verify bounty hunters' identity. |
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anyone beleive that eth will reach 700 in next 30 days . i think last april it will reach 600 and next month it will reach 700
Ethereum can reach that price depending on the market situation or event that is going to happen. Remember when the market and ethereum isnstarting to recover, the issue about ethereum platform being susceptible to hacking brought down and crashed the market in a short span of time. |
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Hey all.
I am confused about these two (BTC and ETH), which one is best to invest/hold for long term ?? How much time I should hold from these two?? Price is going up now a days, what is the best time to buy ? I should wait for buy right now ?
Bitcoin and ethereum is a good long-term.investment because both of them has a good use case and is really profitable since people who are into technology. It is convenient to use and have them because it is profitable. |
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Have lost so much money on coins that doesn't work well for me. My flaws are I'm impatient and ignorant this maybe a good time to find some insight and good answers on how to get better
Impatient people lose a lot of money in cryptocurrency. It is not for impatient people because in crypto only those who are patient earn a lot pf money. You should find put what things do you do lead to your loss. Learn from your mistakes and make sure not to commit them again. |
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Hey what do you think, can scenario of January repeat? I mean can everything suddenly fall again?
The market can go down anytime. That is why investing in crypto is risky, the market demand or price is really volatile. It can either go up or down in just a snap. |
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Ico will run until may 31 right? or is it end of may?
And how much accumulated now? Do you have a soft cap or hard cap on this project?
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I want to learn how to do binary trades on SecondsTrade. Is it really possible to make high profit easily?
Or it's very risk and dangerous?
It is not easy, if you think trading and earning a lot is as easy as ABC, you are wrong. It takes a lot of effort because before trading you will need to learn about the basics of trading. Learning trading strategy can be learned a long the way, but you must make an effort to learn if either by reading, watching, or by experience. |
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How do you guys feel about project issuing airdrops? Even if it is one from a reputable project with a great utility token.
It's their way to gather and attract community members, supporters, and potential investors. That way they can gain more attention from other people, which is most likely a win win situation for their participants and the project as it boosts market demand. |
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Bitcoin is slowing moving up again to $10,000. It will not take long before people invest in Bitcoin again.  It is good bitcoin is starting to recover which is I think a good since. A bull run might start again, since bitcoin price recovery attracts most investors to get in to cryptocurrency again. If we will just look at the past events from recent years, usually market starts recovering in the second quarter of the year. |
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I have been thinking whether 0.005 btc is good enough to start but it is just for practice trading right, no matter, if you lose the profit at least you will gain experience. I start my trading in coinut and deposit 0.005 btc when it was around 12k USD. I stop my trading when the fluctuation causes traders to sell high.
Eventually, I am trying to read chart and still losing. I know I need to learn more, and I have tried to trade with altcoins with low price but not yet satisfied.
My question is what is the exact amount to start trading and how much profit will you earn. Give me example and I will evaluate.
Please answer my question professionally, I will delete answer with no connection to the topic.
Thank you. GODBLESS.
If you are just starting to learn how to trade, you can start playing with just a small amount which you can afford to lose. You can keep on asking about other's opinions or technique to learn from them. Watching video tutorials will also help you to learn more on trading. As I said, start with a small amount and just make a simulation if ever you invested a high amount of money in your point of entry and exit, that way you can have an idea of how a market moves depending on the current market situation and the graph. |
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How do you choose Altcoin...??!
And how do you choose a bounty project ... ??!
Please give me your opinion, because your opinion will be very useful for me who is still as a beginner ..
I look for ICOs with credible team and good marketing, because most likely team's who have members who are well known in crypto will not be a part of an ICO that will end up as a scam and will make sure that their project will be of great use to the mass and that it will catch investors' attention. |
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There are some rumours that the prices would get down again for one or two times before they reincrease to the level around before the latest year end and even higher. Can anyone here enlighten me and newbies like me, which is better to do if that really happens:
1) hold our assets and wait until the market got fully recover to start trading.
2) increase our capital to reduce the average price.
3) sell our assets with the assumptions to got deficit prives, and then rebuy again at this price.
4) others.
Any suggestion?
You already mentioned most of the suggestions that comes to my mind. I really think the best way is to hodl, or if not, to cut-loss. Buying during the dip is also advisable just to reduce the average price of your investment. The worst decision to make is to cash out during the bear market, which will just result to losses. |
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The best way is to make a thorough review about the team and their plan for the project. If the project is too good to be true, most likely it's a scam. However, it's really hard to tell which is a scam and which is legit, since recently there are really promising projects that turned out to be a scam after it's successful ICO.
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Currently, there are a huge number of ICO projects. Of course, we all understand that half of these projects are either Scam or just very weak projects that nobody needs. But now there are at least such projects. What will be in a year, when the ICO every day will be less and less until it reaches the point that one project per month will be released? It is also worth mentioning that the number of participants in the bounty companies is increasing day by day, and the money allocated to the bounty companies are becoming less. Conclusion: the bounty of the company will exist for another year, or a maximum of two.
What do you think about this?
This might be possible, more and more ICOs will come which means the profit that each ICO will be spread through out the other ICOs. Some of them might be a good project some might be a scam. And it is true, the number of bounty hunters are increasing, so that means there will be lesser profit. |
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It seems to be a new era for crypto market again. The percentage growth rate of most coins is increasing. For instance, Bitcoin Cash has risen over 80% in the last
week.
But, we shouldn't be too confident about it because the market might crash anytime. Take note that just a simple FUD can shake the market up-side down. We should just be crucial with every decision we will make when trading. Either if you think that the current price of a certain coin can be a good point to convert to fiat, and buy back again when it dips. |
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This is true, however, some are resorting to cutting their losses instead of holding. I really think that the best way to avoid losses, if you are not really in need of instant cash, is just to hold and wait for the market recovery. Cutting losses, and investing in to some altcoin can also be a good way to avoid further loss, however, this is a risky move.
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Hello guys with the current situation of the market with bitcoin almost touching 8k usd and etherium already close to 500 usd and total coin- marketcap in 300 billion range again does it look like cryptos will soon skyrocket and regain it's upward trend???
This is plausible since crypto is gaining a lot of attention from other countries, companies, rich and influential people. As mass adaptation happens, the market will will grow, so there's a chance that there will be another sky rocket for crypto this year. Let's just hope that this is another profitable year for all of us. |
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When we will use cryptocurrencies ofr our everyday life?
We can actually apply cryptocurrency in our daily lives. As you can see bitcoin can now be used in some establishments, like Japan, there are stores where they accept bitcoin as payment. Bitcoin can also be used as a remittance service, since you can send funds from people to people. |
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We are in a bear market, (granted, it's easing up a bit), but it's a huge dip, since we had the $20,000 ATH hit sometime in December 2017. So here are the Silver linings in the dark clouds..
More FUD resistance. Well consider this just like a vaccination. We all have that Fever that follows vaccines. But the good thing is it shoots up our resistance, our nerve. To handle bad news
Okay, at least with passing time, we are seeing less of useless forks. Why? I truly believe by next bull run, most useless forks will fail to gain use and market shares and would eventually drop off, and original ideas will dominate
No more shitcoin. Coins like bitcoin gold, diamond, platinum, sapphire, ruby etc etc. If this market continues for a 1 more month, we would be rid of shitcoins.
No more moon-heads. This particular issue can really rankle me up. You won't read 2 posts without a 'when moon' or 'when lambo' post popping up somehow. Especially in Telegram threads
Mass adoption. Technology will advance. I With tech advance we will see adoption rates going up. Technology like Ripple, Nano would get some look-ins
The real HODLers would be shown. And this would show peeps that really believe in projects. Not just 'get-rich-quick' guys
I really think that this bear market has some how has an advantage because most weak hands or those who really are into crypto for just profit would have most likely incurred a lot of lost and might become skeptical and might even force themselves to be more experienced on crypto. This is also good for most investors to get more moon bags at cheaper price. Somehow the bear market taught a lot of people how to be patient and how to be wise during this kind of situation. |
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