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The first thing I usually do is to go through the project whitepaper and do personal review of it. Through this, I will be able to know much about a project. And if am convinced based on what I read from it and from other research outside the whitepaper, then I will decide if I should invest in it or not.
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We have more than 1500 Cryptocurrencies trading on the market now and many of this coin or token are just there for speculative trading purposes. They don't have any tangible use case that will make their value to increase with time. I think the industry is passing through a phase and time is coming when only solid project will have a place in the market.
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Any investors that invest in any project wants to hold the coin or token for some time. A coin or token is an asset and holding it is like keeping your asset for its value to appreciate with time. If you don't have much capital, you can hold for long, just engage in short term trading.
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You are right that Bitcoin has keep the support level above 6000 USD. It has done so for many times and many think it has reached the equilibrium level. Once it breaks out, it might take us to 8000 USD or more and this may happen before this year runs out.
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A closer look at events this year will make someone to conclude that things has changed drastically. Now we have more bounty hunters with only few credible projects whose bounty allocation is not even that much.
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The team behind the project should be held responsible for any ICO scam. This forum has been trying it best to give maximum punishment to those who involve in scamming others which is the right to do in order to reduce the work of scammers.
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It is only newbie who don't have much knowledge about the whole thing will lose. In this forum and many other platforms on the Internet, there are wide range of opini about many topics. Your experience and market research who determine whether you believe in ETH or not.
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I think in this industry, you will hardly see anyone who has not regretted his actions or inactions before. The most important thing is for us to get more things right than those we get wrong. It is not possible to always make the right decision in this space.
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My best suggestion for you is to actually learn how to make personal research by yourself. Don't dwell much on what people say or some news, at time they might be misleading because we are in an industry where your mistake will make someone else to make money
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I don't agree that they are lazy, they are just smart in the wrong direction. The want to gain from where they did not plant. There are some retarded bounty scammers that do submit someone else work but I think most bounty managers are nabbing them.
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It depends on many things; the time you are buying, the time of holding and the project itself. There are some of them that can buy to make quick profits when they are still hot and sell them off before they get cold for life.
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Generally in life, nothing worth comes in an easy way. There is a price to pay and Cryptocurrency industry is not different but with consistency and tenacity, we will surely get it rich one day.
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As a bounty hunter, we are part of ICO ecosystem. We have them to advertise the project on social media with our talents and skills and we get paid in token . The truth is that is a win-win situation because project can't this type of cheap advertisement in any other platforms.
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No, I don't think so. We truly need both of them and we should not forget that fiat currency is part of a country sovereignty which will not be easy to take away from any country unless we all come together for one world digital currency.
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