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I think the best way to invest into a coin is not just looking at charts from exchanges. They can be very deceptive. Some whales can just manipulate the price to lure new investors into it and then dump on them
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Although I have alternative sources of income aside bounty, I still take my bounty job serious because it earns more than the monthly salary I receive from my other job
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Your advice is good, but I think most of bounty hunters will continue to dump their tokens reward, because some of them consider the rewards from their bounties as a "salaries" or "payment" that is given by the ICO's team.
We can see them as salary but I think there is nothing wrong with keeping your tokens and allowing it to grow so that you get more than what you were initially paid |
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Nobody can predict what will happen in the crypto community towards the end of this year but we are all optimistic that what happened last year will repeat itself
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I received $250 of Dovu tokens as my first ever bounty reward. It was great and I was more than excited. It encouraged me to do more
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We are all waiting for the day when bitcoin will hit 20k again and ethereum too will rise above 1000k. That will be a great moment for all crypto lovers
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We all hope the ethereum bounces back because I bought ETH at 600 and it's now 270. I have lost substantial percentage of my investment.
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The reason for the dumping of coins is that the headhunter sells his coin when the distribution begins, it happens because there is no faith in the project and its future, but if you have received a coin that has good potential, then do not sell it, perhaps this particular project can make you rich.
What you are saying is very true. But the truth is, there are a lot of bounty hunters who doesn't even read about the project before participating in their bounty so they do not know whether the project is promising or not |
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Its good to see this picture here. I really love it so have kept it on my phone for long. It is my source of inspiration anytime I feel like giving up
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What you are saying is very true. I usually hold my coins even when the market is badly going down, especially when I see good potentials in the coin. Thanks for the advice
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You have a point though but holding bitcoin for long term is safer and more reliable than the altcoins. After all there is hope that the coin will eventually rise even when it falls
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What you are saying may be true. I think some also fail because of the unrealistic goals they set for themselves. But do you think it is actually just 50% that fail?
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It all depends on the personal why that the person joined this community. Any good investor would want to stay and wait for the market to recover. Quitting is not the best option
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The prices of crypto is not always fixed, the price today can be totally different from tomorrow and since it can be higher than yesterday's price, I always try to retain some of my coins
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The decentralized nature of the crypto business makes it difficult to control what one does with his or her bounty tokens. But I believe if we give your advice a second thought, it will help us all.
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it is difficult to predict what will be the future price of the coin. and keeping coins while the market is falling is not the way out.
Selling at the when the market is falling too is not the best. Especially when generally not good for every coin. If you truly believe in your coins, its advisable you hold because further dump from you will cause them to lose its price more |
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I agree, also a lot of times big whales sell part of their coins and this people panic sell their coins and the big whales buy again cheaper than they sold, you have to be really careful when you trade, it is really hard to understand what is going on with the market. I never sell when the price is going down fast, because the price always come up.
If that you are saying is really the case, then the crypto market is not fair to the those with low start up capital. Misleading people to sell their coins to you is not the best way to earn from the crypto community. |
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It is a not bad idea to choose bitcoin investment over bank investment but that is supposed to be done by your money. It is not always guaranteed that you are gonna make profit as soon as possible. Sometimes you have to wait for long and your uncle might not have that patience
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ICOs will only die when new ideas stop coming up and or people begin to lose interest in crypto itself. In that there will be so many unsuccessful rate for ICOs and they will eventually die
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I do not think bounties are dying just because the awards earned in recent times is far lesser than the those earned in past. It may be for the fact more people are now joining the bounty campaigns or maybe the bounty pools are being reduced
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