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NEO seems to be very undervalued. Neo’s market cap is currently around 2 billion. The price going to the $300 range is very reasonable and possible.
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Everything that has to happen will happen and in the end we can see that we worry too much, the best thing as you say is to stop along the way, to make the best decisions. In the case of you I think it is important to reduce stress as much as possible and in our hope that this boat will return again while we continue studying and learning from this intricate world.
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When the market is going up and people start feeling it will go forever and btc will take over the world, thats when it crashes.
When you start to feel its bear forever, that btc is dead and you have pulled everything out.. thats when the market will turn around.
This is all mostly human nature, fear and greed.
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According to how the system crypto currencies works, we cannot impose the price of any crypto currency. We may still have negative impact in reducing the price by not panicking, not using it and not investing.
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While crypto may very well be extremely undervalued, it can still be in a Local Bubble. There are very few people in this space right now - on the order of a few million. Of those there are probably only a few thousand who could articulate the merits of their blockchain investment.
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Many investors lost more than 70% of funds since the beginning of the correction. This is normal for crypto. Just relax and hodl.
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I feel like such a moron for not closing my positions. I dunno, I told myself "hey this isn't like anything else, it's just a bear trap". Who the fuck knows why. As soon as there was that 20% down day for ETH I had the instinct to pull out and still take a big profit and I didn't.
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Altcoins are the best option of investing in the recent years. Investing in these coins can change your life if you can select the right one. However, the wrong one can cause great loses. Some altcoins have great possibilities to be the next Bitcoin.
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All of a sudden when I tried to trade XRP my coins vanished. I contacted support and they took 1.5 days to escalate the issue. I had to bear huge losses due to this. They only seem to care about people who are old users.
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A lot of people get into crypto without having a single clue about what it really is. They only think im going to be rich and it will always go up.
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I definitely DO NOT think this is the end. However there could be continual sliding while people who got in near ATH in December-January exit out of frustration. I'm waiting for some kind of signal, and then I intend to get back in rapidly.
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