At such very low market seasons, it will take a very strong team, trusted community and a large market base to keep a project afloat, most backyard projects won't survive, people only invest on them for quick profit and they are mostly sustainable during a bull market, as the market downtrend season starts, they lose huge and often times hardly survives
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This got me really laughing hard, the altcoins market is really very immature, btc has always been playing the domineering role in the cryptospace, while a lot of holders have been waiting and anticipating a pump in altcoins with wasn't coming forth, they decided to hedge in a more matured market which is btc while the rest will go into fiat
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This is one advise that everyone should hold on to, not only in crypto but life in general, brooding and groaning over missed opportunities, past mistakes and bad experience will never be helpful to anyone, It is always better to learn from such and move one, there are better opportunities in this space
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A lot of us had expected a spike in the crypto value as a result of the world cup as it was said that cryptos will be used in making certain payments and thus the world will get to participate but unfortunately, the hype didn't sell
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This comparison should have come in if op have made a concrete research, Etherium is always a king of other altcoins wave inclusion, I am yet to point at any successfully launched Wave token, I still do not know why it's less usage, but have never enjoyed trading on any wave platform, Neo would have been a better comparison instead
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I think that Ada is just overhyped, have not seen a practical utility of the coin, Neo on the other hand have consistently been improving and just like etherium, have successfully launched smart contract such as Ontology, Zeepin, Aphelion and more
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ICO investment is risky but highly rewarding for everyone that emerges successful, you have the right to your choice of ICO's because it is just like a game, you can win or lose, Most recommended ICO's may fail but it may suddenly be the particular you have no inkling about that will eventually see the day
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I am still wondering what the developers of this coin are doing, they suddenly went cold, Electroneum was among the most successful ICO's that made a lot of multiples after launch, But I am surprised that coin have not responded to any bull run since this year
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For every crypto crash, a lot of altcoins die off eventually, It is a known fact, a lot of altcoins have been delisted from so exchanges and this is owing to the fact that they have lost some trade volumes and relevance, there are some good utility coins being developed now with more usefulness than the usual bitcoin competitor thing as only for payment and fast transactions with low fees
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It is now a very competitive market and every new project should be able to have something to make it outstanding, It shouldn't only be in the form of payment and transactions, should have a solution to offer
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The first self drop I took part in was a huge success, I made about $800 from ENU and that was the first time I saw such after which many started springing out, little wonder none succeeded
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At certain times during trading one needs to make very fast and sharp moves, Such actions are usually done when a coin is about to pump for a buy and about dumping then the fast sell, but during normal market' periods, there is nothing being fast can achieve differently
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I think the best strategy to trade this bear market is to have a sales target and stop loss, no one knows how more the dip could go further, just plan an exit from wherever you are
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My first boom in this crypto market was via ICO, this market is full of luck and chances, while a lot may try to ignore and look down on this choice, It may eventually launch the capital that he will use to start crypto fully, my first ICO I made over 1000% profit, not sure if that is realistic this time, but who knows, his choice might gain it
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What I have always done is if I have som trust in the project, I may just sell less than 50% of it and leave the rest, the ones with huge activity and moon capacity with lower price will be left to achieve a certain price level before sell part or all, mostly directed by instinct
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Bounty hunting gives one more opportunity and time to study and learn about a particular project before investing, have invested in some coins I had participated in their airdrop and recommended some to others, though not all were successful, but at least it gives and insight
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I think the fear can be categorized into unexpected and bad experience, those with in experience are bound to make mistakes and the fear of not wanting to lose their funds scare them away while those with bad experience either by having fallen for scams, bad investments and trade losses will eventually be wary and scared of continuing but the tough keeps going
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I am quite baffled also, it seems a lot of investors are looking away from etherium or the market is still being manipulated, It worries me though cos it is part of the bane of most ICO's who solely depend on it for development, had remembered when it suddenly jumped from $100 to $200 last year but here everything keeps stagnating, there is hope for the coin anyway
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Too much of emotions is a killer in crypto trading, it will make you not to think rationally but to reason with sentiments, that moment when you hit your stop loss and you refuse to accept it and the coin continues to drop in value.... I have employed a bit of control over it
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This happened to me in my earlier days in crypto, had been introduced into alts as a gold mine and I had quickly joined without learning how it works, few months after I had bought some of those altcoins hoping to make twice and more in a shortwhile as I was told, it turned out that I had lost over 70% of my portfolio
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