Everything has to come to and end eventually. Some things last more than others. ICOs will last a while until people find a better way to crowdfund for their startups. For now, this is the best that they have got so they are going to keep using it. People are going to keep launching ICOs, and investors are going to make money from investing in them. It would most likely die out in a couple of years.
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Sure it will. When the other coins pump along with bitcoin like it does in a bull market then ripple too will pump. I am not so sure about the ripple project though. So far it has been one of the altcoins that has taken the biggest hit in this bear market, it's recovery process is going to be a long one before it can get to a good price where people who bought at its ATH can start to make profit.
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It varies from coin to coin so it greatly depends on the altcoin that you are talking about holding. There are some coins which are not supported in hardware wallets so what you would do in such a case is to go on the website of the coin and download the wallet that is provided there on to your pc. That way you can be sure that you are getting the right wallet for the altcoin.
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First and foremost don`t panic when you see the price of your coin going down. It doesn`t mean much right now, if it stays down for more than 2 months, then you can start thinking about selling it. That means, that you should think long-term now if you still believe in cryptocurrency.
To add to this, when you see the market falling, you should not think about selling, rather you should think about buying more coins if you can afford to do so. There is absolutely no way that the prices of the coins will stay down forever. Just like they dipped, they will also recover. If you cannot bear to look at the value of your coins fall then you should take a break from the market and not look at the charts for a while.
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You can increase that amount by trading that coins for an altcoin with a lesser price, then wait for the prices of that coin to go up. When it does, you sell the coins and covert it back into ethereum, that means that you now have more ethereum. You can just continuing doing it that way but be very careful about the altcoins that you buy into. Rinse and repeat.
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Airdrops do not always yield as big results like the ones that you get from participating in bounties. They sometimes do pay well which could be up to a hundred dollars if you participate in one with a coin that ends up doing really well. Some airdrops do not even pay out the coins that they promised at all so you have to take that into consideration when participating in airdrops.
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Possibly. If a lot of the coins would stop making trading pairs with bitcoin and instead put their trading pairs into different coins then altcoins can be independent from being swayed by the price of bitcoin. Their dependency on bitcoin is what is keeping bitcoin as the top coin on the market. I do believe there will come a time when altcoins will be independent
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Bitcoin price has a great effect on the price of other coins due to the pairings between these altcoins and bitcoin. So when the volume of bitcoin that is being bought is low, then that would mean that there is less volume of bitcoin going into other coins to trade in them. When the price of bitcoin falls, then the price of all of the other coins fall accordingly with it
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Thus, you give life to someone's dream, and if this dream is also profitable, then you get gratitude from the person as an opportunity to sell tokens for a greater amount than you bought them.
I think I agree with what this person is trying to say. When you invest in an ICO then it is like you are helping to fund someone else's dream in the hopes that this persons dream does well so that you can make money from the investment that you made into the persons dream. The reason that so many people invest in ICOs is because it is a good way to make a lot of profit in a short period of time
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The thing about the crypto market and investing in it is you have to know how to pace yourself. If you are watching the value of your coins plummet then it is not healthy for you to keep looking at the charts all of the time. Crypto market is not like other market, it's volatility makes it incredibly hard to handle which is why investors need to be resilient
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You can exchange it if you think that the coin you are exchanging it for will end up doing better than the coin that you are currently holding. That is a good way for you to make a lot of money. I don't think you should sell any of your coins now though. Market prices are way too low for anyone to be selling their coins, it is not a good move to sell your coins
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Do not worry about crypto future, instead worry about how you are going to get more coins so you can expand your portfolio in wait for the next bull market. The market is really low not because we are in a bull. There really is no need worrying about the market. The market will take care of itself. once demand for coins increase now then the prices will start to recover
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I cannot wait to be able to prove everybody wrong about bitcoin. All of the people that are saying that bitcoin will be dying soon. Although I do know that it might take a while before we can prove them wrong since I understand that bear markets can last up to a couple of years at a time so we will all have to be very patient if we want to prove them wrong
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It is not time to move on from bitcoin. This is more like the time for us to support bitcoin even more because if we want our altcoins that we have all invested in to do better then we would need to support bitcoin seeing as the prices of all of the other altcoins in the market are dependent on the price of bitcoin. It does not speak well of cryptos if the first and biggest coin were to fail
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Maybe not anytime soon but yes bitcoin will most certainly be going under regulation at some point in the future. Contrary to popular belief, regulation on bitcoin will actually be good for the market than it will be bad for it. With regulation it will be much easier to curb the menace of market manipulation and insider trading which is very rampant in the crypto market
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There is no telling where the price of bitcoin will fall to. People have been saying for months now that there is no way that the price of bitcoin would ever fall below 6k but it did so this week, not once but twice. So the fact still remains that no matter how hard any of us might try to predict the price of bitcoin, there is just no way for us to tell what will happen to the price
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With the rewards that I receive from doing bounties, I sell them when the prices of the coins are at a good price so I can make the most amount of profit from the coins that I have received. What I love the most about bounties is because since you are not investing in the project with your own money it makes it easier for you to hold the coins for a longer amount of time
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Ethereum is an altcoin that I have so much faith in that the coin will end up doing very well in the future. With the way that the project is built right now, there is no way that a coin like ethereum does not stay in the top in the future. It is easily the best altcoin that we have in the market right now with literally no coin good enough to compete with it
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Sometimes the price drops can be due to a lot of negative news circling around. FUDs can cause price drops by making people sell off their coins which can affect the price of the coins. Sometimes, it is just one of those normal movements by the market which is not caused by anything other then the market staying through to nature. In this case, that project is volatility.
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They do so if the time to reach the softcap is taking way longer than the team expected that it would so they would extend the time of the campaign and the ico to give it more time to reach their target. Also it could be that they did not get the number of desired participants, so they extend it to give more bounty hunters more time to register for the campaign.
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