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I think many more good coins will also gain momentum in their prices.Not only ETH or Dash, i see product based ICO's will definitely be motivated and also see good returns on them in the next few years. I still feel ETH is trading in its early ages and has a long way to go , so in the case of ETH i will be patient and wait for the prices to reach resistance. In case of Dash, growth would be little slow compared to ETH, this is only my prediction as ETH is based on grt technology.
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Proof of authentication Joined Twitter campaign Bitcointalk username : chidrawarster Profile link :https://bitcointalk.org/index.php?action=profile;u=1190515 Twitter account : https://twitter.com/Rajkiran214follower : 795 |
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I feel ETH can be in the top 10 list but cannot beat the price of BTH over and above. It would take a lot of time for ETH to reach the price of BTC as its the king of all cryptocurrencies and many of the financial institutions and entrepreneur firms also believe more in BTC because of its potential what we have seen in the last couple of years.ETH can also become the most used currency only if the authentication and security is maintained good consistently. I also see ETH has good technology which would help ETH reach heights in the next few years.
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Stakes are used as measurement tool for tokens calculation. The coins or tokens in each stake will be calculated using the below formula.
{(Total no of tokens allocated for specific campaign)/(Total no of stakes of all participants)} * Total stakes of participant
For example, Signature campaigning has been allocated 1000000 tokens and the total stakes of all the participants are 10000. The stakes what i hold is 100. So the no of tokens what i will get is as follows.
{(1000000)/(10000)} * 100
I will get 10000 tokens of that campaigning activity which i can hold or exchange or trade. Its as simple as that.
The less no of participants , the more no of tokens.
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I m not bothered much about ETC growth as the volume and market cap is more of ETH and i m still confident that ETH will keep growing andreach new heights as long its there in the exchanges. I also see many people are scared of fork consequences, as long as i m concerned i would keep buying ETH even though the price keeps dropping, thats how the correction is done and is part of the process. Keep buying ETH for good profits in the future.LOng term !!!
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Yes, i use myetherwallet for all types of coin transactions. Its the most widely used wallet globally and many of the people use them for carrying out most of the ERC20 tokens transactions.This wallet supports most of the ICO's, making users more comfortable rather than wandering to different wallets.Usage of this wallet is growing day by day.I cannot say much safe as more authentication can also be added, may be in the future it can be upgraded.
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I usually sell most of the coins received from bounties. I see most of them when entered exchanges pump up their prices and gradually drop to hell and take longer time to rise. Thats the main reason why i sell of them and participate in a different bounty. Very rare campaigners keep their coins if the projects are good and try to make most of it by taking good profits. But i have seen very few coins do that , majority is sell them off ann look for a new bounty.Thats my opinion.
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The major exchanges are Bittrex, Cryptopia, Polonix , HitbTC and many more are there if you google the same. I see many people using these exchanges. Also, there are many people who convert BCH to BTC and then they buy . Bittrex is easy and simple to use and got a user friendly interface.I would also opt to get some BCH if the price lows are obtained, else i would wait for my turn to get the price at coins little low.
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I told many times that ETH is the next coin which can reach heights in no time but the growth is exponential. I can sense that in after 12 months from now whoever have bought ETH would be in good profits. Good coins need good time to give green profits. ETH is a good technology as well and the users are increasing day by day considering the volume and market cap. Never the less, i m buying ETH at my own risk. All the best for all those who have bought ETH.
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Even i do not agree that BCH is king !!! I see BTC as a valuable player in the market and got its own place in the crypto world. Still if i see BCH is dropping , i would see the other altcoins riding up for giving returns to short term traders, its only a correction i hope so. Still The market will recover as other altcoins are not strong as BTC in terms of technology or any other factor. I would see the future of BTC more brighter than BCH considering the market cap and the daily rising volumes as well.
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I see in todays date apart from BTC , i can also trust on ETH as its emerging as the next altcoin which has a long way to go. Its backed by good institutions and their technology is also at par better than others interface. I suggest buy ETH and hold for long term for reaping good profits. Its presently at low value now and can afford buying some to hold them and see the gains. I also suggest plz diversify the investments as that more important for proper gains and losses.
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I see many of the traders buy altcoins when major coins rise and book those coins at very low prices. Before buying , they do good research about the developer and their products as well for safe investment. Altcoins are always good for short term returns and they can be waited if the product is doing good and the company is following the roadmap and achieving milestones. From my point of view, i will take my short term profits on altcoins and wait for the market to make a correction again for buying the coins.
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I do as follows:
2. Withdraw a portion of your investment and put it in another Alt based on your research
3. Withdraw a portion of your investment and store it as BTC, ETH etc.
4. Withdraw a portion of your investment and store it as fiat in your bank
These are the best ways to keep u r profits intact and also ensure that the funds are diversified. I also do good researcH.
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I suggest that BCH is still an altcoin and anything can happen in terms of huge correction. I would still stick to BTC on long term basis taking multiple positions whenever i find correction out there .Usually i buy BTC on dips, thats the best way for averaging as well. BCH can reach heights but i never know the reason for the same , nor it can disappear as well like other altcoins. Else alternatively half of the investment can be done in BCH and half in BTC if wanna risk.
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This basically happens when BTC or major coins are rising. Thats the time when i do a lot of buying altcoins and wait for major coins to drop which hopefully gives more momentum in rise in altcoins. Thats when major of the altcoin traders take their profits and move on to some other altcoins buying them at low prices. I have seen this happening again and again , may be this is a cycle for rise of altcoins when major coins are dropping. Keep buying altcoins at low prices and take good returns on short term.
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i Would recommend bittrex and etherdelta for exchanges and trading. These are the 2 popular echange websites what i found after doing good research. Both are user friendly and the interface is better on bittrex , as the etherdelta is sometimes very difficult for the processes it has all over the transactions to be carried out.If any beginner, i would suggest bittrex and if any experienced traders can use etherdelta smoothly. As the technology keeps on going high, we will definetely get many more exhanges.
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As on date , after bitcoin is something is trending is ETH as it is in the early ages and has got a long way to go. Its got good technology backed by good institutions and even we can see many more changes in the blockchain technology as upgrades will make the interface more user friendly. I will still buy some ETH coins and hold them long as in the long term it will fetch good profits.Trending coin in the future , will keep a close watch on the movements impacting ETH.
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I exactly do not know whats going to happen during or after the fork. I still advise people to sell of their profits atleast half and hold rest of the half and keep on buying multiple positions at different prices , as we do in averaging module. Definitely we will get profits as bitcoins has got a long way to go and its demand is only increasing day by day. Still i feel even other altcoins will also fetch good profits in short term.
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