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I would say that ICOs can be high-risk , high reward. We don't really know where the price might go since there is no historical data to begin with.
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I doubt that Bitcoin will even die out. However, another coin might take its place in 10-100 years' time.
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As volatile as Bitcoin can be, anything is always possible. For all we know, it could spike to $20k, but correct to as low as $5k.
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people always follow the bandwagon effect which is a double-edged sword. If people want to invest in bitcoin, others follow. But if they want to leave, other will do also. Not 100% mind you, but enough to set a trend.
This is true. I left Bitcoin because of how slow and expensive it has become just to send a few coins across. I'm sure others will see it the same way.
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It's not probable for Bitcoin to totally crash or go back to $0. However, I think Bitcoin is just too overvalued at this time.
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The only benefit from gambling is when you win bigger than what you lost. This doesn't happen often though as most people end up broke.
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I'm holding off from buying Bitcoin at the moment. Just waiting for the best time to get a certain alt coin low enough to buy.
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I think that ETH is a slow moving , yet stable alt coin. I agree that it won't be as big as Bitcoin, but being slow and stable has its perks.
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It is only greedy if you didn't set a target price to sell when you have gained. Not having a plan might be good if the price continues to go up. But just holding and hoping isn't the way to go.
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I see a small bounce back up. I hope this holds or else, more panic.
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You could test buy now, of course with only a small portion of you funds. It's not wrong to buy again while Bitcoin is on the way back up. It's safer.
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To be safe, just don't click on links that look shady or smell fishy. Some of them might be viruses.
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The best choice is the most expensive one which is getting a hardware wallet. Other than that, you can spread out your coins in multiple wallets.
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At this point, the risk as very very high you might want to think about diversifying your holdings as suggested in the previous post.
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It's simply too far out to predict the end of 2018. We don't even know what exactly will happen to Bitcoin by the end of 2017.
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Bitcoin still has a good future, but it somehow needs to improve its system before it's too late.
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Things are uncertain right now especially since the bears have taken over. It has basically just started.
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I know a lot of people didn't see this coming. Those who believe in hype will not survive in this type of harsh environment for long. I hope this will serve as a lesson to those who follow the advice of so-called experts.
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The network congestion is simply getting worse, so our miners need to do some extra effort 'for those who paid' to hasten their transactions. Think of it as a tip given to the miners.
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Man this thread keeps growing by the minute lol.... Most probably because almost everyone here suffered some losses and is willing to give advice. I know I did too, and my only advise to learn and use the bad experience and turn it into a basis for future trades.
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