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I’ve seen the price of xlm steadily decline over the last few months - more so than any of the other alts I hold. I just don’t understand why. Positive news doesn’t even seem to have an impact anymore. What’s happening here and what will reverse this slump?
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How are they going to stop anonymous transactions and decentralized exchanges? They can't, they just don't realize. All the money they earmarked as being 'bad' money will continue to flood the economy at even greater rates.
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Check ethereums history or for that matter many other popular coins. Sometimes they drop badly. Nothing is wrong with Icon, it will likely recover but it doesn't happen over night.
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I think by April the market will be stable on around 400m ~ 500m with some pump and dumps for some specific currencies (no mass increase) and on July we can see some healthy growth increase. But that's just my opinion based on few things but nothing confirmed or even close to being sure.
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This is a lesson for everyone to diversify into other investments that offset their Q1 and Q3 losses in Cryptocurrency. The market tanks every year during this time.
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Switzerland is a great country to start a crypto company in. Regulations are easily understandable and there is a pool of highly educated and motivated people in the crypto hubs like zug and zürich.
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Right now, the market is swirling with a mix of fundamental and technical analysis; the key is to discern a list of the factors that matter the most to you personally, then do a "blindfold" test after you've documented all of your findings
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Take heart, if this is a bear market and we continue with the pattern we'll never see BTC prices this low again in our lifetimes. Last bear market found it's price floor at $230. Those prices are looong gone. The same will be true for the price floor found in this bear market, if we have entered it.
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Prepare yourself for down trends because that is the way bear markets work. Meaning there's really no reason for a crash other than bear markets are gonna do what they do. I'm not saying we have entered a bear market yet, because I think it's too soon to tell, but mentally prepare yourself for it anyway.
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I'm 99.9% sure that Tezos beat Cardano. Tezos is a project you do not want to sell any time soon.
I plan to sell my Tezzies when/if we overtake Cardano. Not before.
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Making money requires foresight. You have to look at what can be rather than what has already happened. That's why many people will lose in the end.
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Does it really matter if you're buying + trading for alt right away? I use ETH because it's fast + low fees, but I don't care that much beyond that.
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It'd be nice to see a historical price increase aswell.
People got in at the last moment and thought that it'd go 10k to 100k the same way.
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