Do you think it ever going to be recovered and if you think, yes, then how long?
When you say people, then it means you are generalizing. Everyone should speak for himself or you might just do a survey to show clearly what the statistics might be, at least a representation. Altcoins are gems and those who know them will not want to lose some of those with good prospects.
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The Binance coin is still at its active growth phase. It is not likely going to stop now. Even if people ry to spread FUD about it, it will still find its way to the top. Several strategies have been deployed towards that, yet they failed. Although some were afraid and tried to dump what they had, yet it never had any significant effect on its price.
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Thinking of cashing out should not be accompanied with fear. Most of the times, our decisions are associated with our emotions. The fear of not becoming bagholders make a lot of people to make hasty decisions and they miss so many opportunities before them.
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It will be hard to a coin that is just coming in newly to surpass other existing coins. All the mentioned coins are still being developed and it is not as if work has ended on them. Therefore, the more the development and updates that are propagated, the higher their growth. Libra coin is just like every other coin. Well, if t features are very much unique, it will grow, but it will also meet other strong competitors.
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Most of the times, the general notion is, if you see a pump the sell, which might be wrong, except you feel you are fine with that price. I usually take advantage of every news to sell and I use news to buy if I have the time. Get yourself acquainted with their social media and make good use of it yourself.
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We have seen the positive impacts of bear market. A lot has happened, most especially in 2018. It was indeed a year for gathering. Those who were able to buy, hodl and save good coins at time are now smiling. The market has not yet grown to its maximum capacity, so investing in some now, might be beneficial.
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This is no more new things and happenings, most especially when it comes to listing of coins. Most ICOs behave that same way, but in order to avoid this, some of this projects usually wait for their products to be ready and also to ensure they have done the necessary marketing. Through that success is imminent.
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An altcoin that gives one profit might not be seen as being useless, which i feel might be a general notion. Logically, if the coin has no real usage, then it is useless, because such coin tend not to last long and will not contribute anything meaningful.
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Whales do not always invest in ICO, so they do not need kyc. Most of them are into trading. I noticed that retail investors are those who buy most ICOs and that is why so many of the find it difficult to attain their soft caps.
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There are certain coins that ought to be seen growing, but are either not growing or experiencing slow growth. EOS is one of such good coins that investors have not yet taken their turn on, perhaps because there is yet no major update, but very soon i envisage an outstanding growth phase. This coin will very soon compete with the top prominent coins in the crypto space.
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Most times, the growth of bitcoin and altcoins does not happen simultaneously. Only newbies might not understand the basic concept behind this, because it happens at different times and for a purpose known mainly for profit making. Presently, everything seems to be growing, but we might have another digressive growth soon.
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Some exchanges will eventually turn out as exit scam. As soon as they receive the intended form, then that is all. Not everyone of them can be trusted. So it is expected of us to only participate in IEOs, particular on exchanges with good background report. The rate at which exchanges fold up, blaming it on hack, shows that we truly need to be very careful.
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Some altcoins have managed to keep their heads high, even when it seems the uptrend was favouring btc more. Now that altcoins have also started growing, i think it is a good sign to potentially good and performing altcoins.
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@Op, it is good to see how much you try to defend your project. Well, i am not here to castigate or talk down on your project and i am sure others are not also aiming at destroying it. You should know that you need all these in order to give credibility to your project. if questions like the ones you have answered do not come and you are also not able to answer to satisfaction, investors might not be convinced enough as to look into your project, let alone invest in it.
On my part, do you have an announcement thread, aside this that you have created for just discussion?
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Some happenings are inevitable. If investors should decide to hold their bitcoin, just because they perceive or that there is already an upward growth in bitcoin price, the altcoins suffer some setback, most especially in their prices, just very few of the altcoins grow amidst this. It cuts across all altcoins and not just tokens.
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One of the reasons i think we might see it as being silent is that, not so many people are conscious of the fact that the market is growing. Well i know we have once got passed this level and despite that, i still feel that some are of the consciousness that bull run is a very fast upward growth.
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When investing in cryptocurrency, there is no need to be in haste, because it might lead o the most unfortunate situation. Sometimes, when iy comes to altcoins, in which the main coin, btc is not also exempted,you might not come across what you expected. It is not just about short or long term, but that you need to first study what you have invested in, to determine if it is truly meant for short or long term.
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At the moment almost so many people are after the upsurge in the market, which is the bull run, because the most profiting moment has been long expected. Yes, the strength and the tech of the project will give a reasonable and real price growth. If every project we see of have is the one that is product inclined, then there will not be need to get too worried about the price growth, because that will surely come.
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@OP, nothing should stop you from making moves of your decisions. Any of the two options (ETH of BCH) can provide you your set target. Although i would advise that you should not just limit yourself to that time frame you have set. You might be fortunate to hit you target within a week of investment and on the other way round, the time might be extended,
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Binance coin is seriously exhibiting remarkable growth and it is really tempting to say that it is not ready to stop where it is now, but that it is tending toward moving fro two figured price to three figures. I will be among the least of those who would be surprised if this happens, because i had known this earlier.
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