Cryptocurrency and blockchain technology with decentralized system can not killed by third party include goverment. All transaction done in peer to peer. But i look now goverment and financial instiution also interesting with blockchain technology and use it to increase their financial product. Blockchain technology is still young and will keep in development to give more benefits to everyone in the world.
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Yes the price of mayor crypto look like going up slowly but sure, in my opinion this bullish trend just began and will keep growing until the price reach 5 to 10 times, this uptrend will keep until in the end of this years. Its times to entry to the market to make profit.
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You should be has target profit in monthly because not possible in every trade we can make $50, but possible to make profit in amonth $50×30 = $1500, but you have to start by $2000 to $3000. Its possible to make profit more than 50% amonth in crypto trading by great strategy and risk management. And you have to trade in different pair of crypto, total focus and dont be greedy is one of the factor that make success in day crypto trading.
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Yes i have the same prediction, ETH will keep growing and in this month the price will be going up around $1000 and can be $2500 in the end of this year. ETH still become the biggest altcoin that has big community and the fundamental still strong. Until now i still hold ETH and sell it partyly when the price above $1300.
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In my opinion good exchange with friendly interface and easy to use it is Huobi. This exchange offer many potential coin to trade, they provide many altcoin with pair USDT and also they has trading view chart platform. They also in 5 ranking biggest exchange based on daily volume. They has good customer support and they handled verification ID process very fast.
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I agree with this statement and prediction, is possible for ETH to reach that price before end of this years. Could be in next 4 or 5 month the price will reach that. In the begining of this years ETH was to the highest price $1300, and ETH will go there again and just need other $1200 to go for ETH to the next target.
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Crypto is not dangerous, some country ban crypto because i think they want crypto not changed fiat money that use in daily transaction. I look crypto was make revolusioner and changed life of many people. All country should be regulated crypto like Japan did, because this technology will make better future.
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You have to join telegram group of trader and you can discus with others trader to more understand about situation of market and how to make good trading strategy. And also you can find alot of information related trading in youtube and google. I was learned trading by self in google and with dicipline i can understand the price action of crypto and know when should be entry and exit from the market.
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I agree with that, ETH is next BTC. The price was given huge return to the cryptocurrency community. Many investor and trader changed their financial and their life become better. In my opinion no others kind of investment like BTC or ETH that given more than 200,000% in 3 years. ETH is amazing investment in the world. And ETH make more easy for many start ups to development their project through smart contract.
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Many crypto was given 50% to 100% profit and now bullish trend still exist, and crypto that has strong fundamental will keep going up. In my opinion its not late to enter to the market now because up trend just began and will be promising 5 to 10 times profit until in the end of this year.
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When any bad news and the price dropped you have to cut loss it as soon as possible because very possible the price will continue drop, volatility of crypto so high so when the market drop because overbought and there are any bad news and big possibility the price will continue down. Cut loss it and wait for market any sign to reversal.
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In my opinion 50% of your portfolio should be for BTC and ETH because many expert predicted BTC will going up to $92K and ETH will be to $2500 in 1 or 2 years. And others coin that has massive potential is XLM, DASH, LTC, NEO, ONT, ZIL, VECHAIN, AION. Alot of choice in the market so in this bullish trend is more easy to make profit.
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Anything can be happen in cryptocurrencies market but we have to learn also the fundamental and the previous history of BTC price, the highest price of BTC is $20k and down to deepest $6800 and this mean the price was drop more than 50%, and from history of BTC price that mean is hard to going more down. Hack in exchange or other blockchain project happen many times already and just make temporary effect.
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Price action of Crypto is not fake, the price was move base on news that exist in the market. I see now the daily volume and market cap was increase so that mean any new money come to the market, just need more times for this crypto market and will be going all the times high again like before. Need more good news again and all big crypto will moon.
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In my opinion is you should know and understand situation of market, when the market try to start bullish trend is times to buy it and hold for a few month and then if the price on overbougt and the price not possible more to going up that is times to sell. And to know which price should to buy and sell you have to know bit about technical analysis and fundamental analysis.
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The most important thing when trading and before buy coins is you should make analysis that coins by use technical analysis. You have to use charting platform like trading view, coinigy or cryptrader. All these platform for charting easy to use it, you have to learn first about some indikator, price pattern, candlestick pattern and others thing related technical analysis. But actually the most important thing in trading is your psycology, because in trading should extra patient to wait for best price when buy and sell.
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In my opinion before decide to make invest in long term or short term, you have to understanding price action of crypto and situation of the market. Technical analysis also will helpfull to decide when should doing short or long term trading. In this current situation of market, in my opinion swing trading is best to do, because the price just started going up.
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All strategy not 100% perpect and accurate, all strategy should be include best risk management. My trading startegy is split the money in to each 50% for day trading and others 50% for swing trading. When i buy coins for day trading i decide it depend on the technical analysis, and when i buy coins for swing trading i chooce it base on fundamental analysis.
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In every years all crypto will big pump 1 or 2 times and also dumped. Pump and dump is always in crypto market, because the price of crypto so high volatility and the volume still small. But for the strong fundamental coins like BTC and ETH although also has high volatility but also the price will increase in every years.
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I learned history price action of Bitcoin and others cryptocurrency, from that history all crypto very possible to give profit when bullish market 5 to 10 times, so from that i bought on the bottom and take profit minimum 100% and then buy back at lower price. When the price on the bottom and dumped will be very possible and easy for the price pumping and grow.
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