You're already in a deep loss, so holding on would be the best thing tk do now. I know how painful it is seeing your holdings going into deep red. From all indications and progress been made, in few years we'll look back to the price today and smile while enjoying a beautiful ride in a yatch. Cheer up mate!!
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Bitcoin for sure will continue to lead the cryptocurrency game. But not only it alone, having only one crypto won't be so cool. The thing there is that alot of these thousands of cryptos will die off along the line and only the surviving few will join along bitcoin. We might even seen some new additions come in along the line and still survive after some of the already existing ones have died off.
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They are still at profit if I should say. But that's not a good trading decision. Having bought for $1000 early last year, it would have been cool to have sold off late last year rather now. I see this article as FUD, one of those calculated attempts to keep the market from recovering.
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Manipulation is one thing that is predominant in this market. Big whales push the market in their favour and they achieve this by making weak hands think that everything is about to crash, you panic and dump to them. Am sure with this dip, they have loaded up their bags again and ready to go again.
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The market is very crazy right now, it requires people with serious balls to sit in. Looks at the charts is outright frustrating, knowing that what you're holding keeps getting devalued by the days is anvery painful hurdle. But the good thing there to hold on to is the fact cryptocurrencies on another hand is making more success as regards to adoption and exposure.
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Judging ftom what's happening now, the market had a very hard crash down. BTC dived deeply from where it was sitting, every other thing joined in. Keeping that into account, it's difficult to say the next move of the market in weeks to come. But on a long term basis, it's a positive movement. The market is showing signs of recovering and moving up higher.
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The price decline is really getting on a very drastic level. The bear market is taking a very big toll and the market is just going down on a daily basis. From the way it's looking now it might continue till the end of the year. Unlike last year's bull run, by this time, there was already a good turnaround of things but now it's a different thing.
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Seriously, this right here is a very risky something. I have done stuff like this in sometime back. At the initial, it is all juicy and rosy, but along the line restrictions will begin to pop in. As you said you've withdrawn your initial deposit, that puts you on a safer side. But I would suggest you just hold these things with a pinch of salt, they can get messy at any time.
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What has happened have already happened. Looking back to last year when BTC nailed its ATH it was like a dream come through for a whole lot of people, the faith in bitcoin become so strong. If we can still keep up with such faith and enthusiasm, certainly something good will still come out of this, even though it might take a while.
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From what happened late 2017, so many people moverd into crypto and heavy money was pushed into the market and we witnessed an exponential growth. But now all of those money have gone off and alot of those who came in then have left as well. Therefore the stagnancy. My two cents though.
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Woow, reading something like this in the same timeline it was postulated is just kinda of funny, I bet the person that made this speculation never knew what he was saying, now ETH is struggling yo stay $200, how is it gonna make $2500 before the year runs out, that's something unachievable, at least for now.
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If you're interested in airdrops kind of, there are coins that distribute airdrops to holders' wallet every month. All you need is buy any volume and hold in your private wallet, snapshots is taken reguiand at the end of the month, you receive airdrop . It's usually what's in your wallet multipled by a fixed percent.
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Ethereum is a very top notch altcoin. The crypto market has been hit by a dwindling price and that affected everything. Ethereum isbthe hub for so many tokens and will continue to remain prominent in the future. The price will certainly improve when the next bull run comes.
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News and stories of crypto to crash are just baseless FUDs coming from big companies whobare looking for a way to get into the system at a cheaper price, they manipulate weak hands with bad news, you sell off your bag to them and boom, they are in and the reverse becomes the case.
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Me personally from what happened ending last year and begining of this year, I would prefer a steady growth rate. When the price suddenly pump, it scare new people away and since no new person is willing to come in at then, the price will crash. But on a steady growth rate, investors will have no reason to be afraid.
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Woow, impressed, I must say. Very interesting pieceof facts. I don't evem know a whole of them. Am happy with the way bitcoin is evolving and getting attention. But this wallet that kept receiving bitcoin without sending out am really concerned about that, could that be Nakamoto's wallet?.
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It all depends on your approach to it. If you are just into trading part-time, it can't be much stressful because you don't have all your time into it. The stressful part of trading is having to keep up with the market abd reading charts regularly, checking up on your holdings all the time.
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Basically, the crypto space is becoming way bit saturated and alot of money is coming in and going. So many people want to leverage in that by running ICO and taking up people money without any viable product. To be safe, it's advisable to invest in a project that have a product or at least a prototype.
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Failing at trading once doesn't mean you can't get it right. Trading here is a very delicate thing, any little miscalculation and you are failing. But you should see that as a an experience gained and use it to gear up for bigger opportunities. At one point orvtye other, we all have made mistakes but learnt from it and moved forward.
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