Finding a new Bitcoin, a coin that will go up by 1000times is a disease, you should avoid such behavior because it will lead into many problems. The returns like 1000x are gone and do not expect it again because now the situation is diffrent 1/3 of all people have heard about cryptocurrencies.
I think he should not expect again what happen to bitcoin. Its hard to do for a certain token to rise really high just like bitcoin. @OP you should also do your own research, I must say that your friend really good in searching new token. Its not possible that you can get profit in what token you would like to invest, but just like bitcoin, it also takes a years to see that it really growing. Patience is very important, don't do the same mistake that you already done. |
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You should cut your losses if the market goes down. Most of the altcoins are very volatile and really unpredictable especially if your a beginner. Its hard to determine whether you enter or exit. In answer to that, you should learn how to make some strategy. Being based on technical can help you determine a right entry or exit so that you can cut your losses and make quickly convert if the coin stop pumping. Traders make money not only in pump but also in dump.
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Make sure that if your losing money you should learn from that, every cent you waste should be worth enough to take back what you have lost. Keep in mind that, losing is a part of trading. Write down if you missed something which the reason why you lost. There's always a risk to everything in trading, try to avoid any mistakes that will lead you to another failure trade. Always monitor the market and stay updated.
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Now bounty managers and ICO team value more money than anytime before. Few years ago there wasn´t problem to giveaway 1 million usd to bounty promoters, but now the situation changed, they care about every dollar.
If BM have already a lot of experience managing bounty campaign. I'm sure he will figure it out how to deal even it have many of participants. There are some BM that being fixed with their reward weekly but do not limit their participants. It's attract many participants to join to their campaign. If I'm going to get back in joining bounty campaigns, I don't care if its high o low reward as long as its legit and they will pay in the end but of course its a good project as well. |
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I'm not familiar with these list. I just prefer to allocate my tokens that already proven their trust and improvement. I don't want to risk my money anymore since we had in very worse crisis right now. There no room for more risky investment anymore and I think its advisable to do it. Some people don't pay attention to study and analyze where gonna invest. Its very important to do it always, so that you will not regret it in the end.
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Scam, They don't have much information about it and even Teams who manage the project, Tell your sister there are still many good project to invest, which already listed or pending to be listed on some popular exchanges. Guide your sister and teach her different ways on finding good project to invest.
He can educate first himself so that if his sister would ask him any question regarding to crypto currency invest, he can answer it quickly and correctly. In that case, he can easily convince his sister to avoid such scam projects. We should be careful in investing in cryptocurrency, top cryptocurrency sites would be the best option for us to invest. We should also provide a high security wallet for our tokens. |
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Its good seeing coinbase on the top. I had used coinbase but trade is not available in my country. So i start treading on hitbtc. Hitbtc is good exchange but they demand high fee and low security. So now i start trading on binance & kucoin. Those are good.
Why don't you choose exchanges like Binance or Huobi because these are exchanges that are always trusted by all investors and very cheap transaction fees. In comparison, HitBTC is only a bad exchange because there have been many investors losing money at this exchange for unknown reasons. Also, their support team is very bad if you have problems with withdrawals so it is best to avoid. In early days, I have no choice to exchange but in Hitbtc and its often that the new launch coins choose it for their exchange site. I really hate it, I have no choice but to transact in their exchange. The fees are very high and the amount you be able to trade is limited. I really glad that their some exchange that don't follow their performance. I'm using Binance, Bittrex and Coinbase but I prefer to use Binance since I'm comfortable trading and all I wanted is present in their site. |
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It is always good to check which altcoin you invest your money in. But it is good to invest in new only as much as you are willing to lose. Because you don't know how the project will develop.
I wouldn't have to worry about investing in verified ones like ltc or bnb. Altoins are an excellent form of long-term investment at a time when prices are not skyrocketing.
I cancelled my plans investing in new launch altcoins. Its very risky now, almost all of them are scams and even the big investors are continuing to avoid this projects. I can't imagine how people struggle to find a real project nowadays. Its very tough and I just advise to them to trust only the coins that already listed. |
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If we look at the usage, then both sites can be used by anyone except beginners who still have to learn a lot about the real exchange rates, but in general, people who already have a lot of experience in crypto, certainly know which is better. so they can also sort out themselves or compare themselves between the two.
I still prefer to use CMC over the others. I still trust their performance and about friendly app. Some people says that CMC is little bit complicated but its easily to figure it out ones you will use it frequently. Its now easier to determine the price the real price since its already acquire by the top cryptocurrency exchange right now. |
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Choosing BAT token seems good to me since I already knew about their platform but you should consider first making some investment and probably a high value allocation in top cryptocurrency like BTC and ETH. Its the right thing to do before turning to other altcoin. You should consider first in cryptocurrency that are safe and huge potential. Don't trust to much in new coins and don't be lazy to research before investing.
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A lot of altcoin still struggling in crypto world and I don't know if altcoin can perform the pump season without the help of bitcoin. It seems that there are few altcoin that can manage to pump without bitcoin increase. If BTC will perform well to upcoming month to go, well see another altcoin season. The increase of its demand will be more efficient and more investors will back to trust altcoin. Its very safe to trust for those altcoin that have related to real world rather than non-sense.
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Most of the altcoins are now cheap rate as compared to the December 2017 and January 2018. Now i only prefer only top few coins which are strong and trusted. I am avoiding now Shitcoins as i have lost my all investment in shitcoins before. It is time to buy few altcoins which are cheap but strong and future potential coins.
Its because of the bull run even that happened. Some of those coins are now gone and completely vanish. I have some altcoins that have valueless nowadays. We did not yet feel the result of btc halving event, but it seems that some top altcoins are doing great, even they don't rely on the pump of BTC. I can't afford yet to buy many altcoins because of the crisis. I still hold my altcoins for now and probably wait for a long time. |
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I got your point that they are actually wasting nothing in reality but what's the benefit are they getting from facebook campaign? None, in my opinion it's no more than zero. None of the investors will come from facebook.
And do you think the golden year of bounty were able to attract investors from facebook? I still doubt that any start up project got a single investor from facebook bounty.
I don't know. I don't believe that anyone gets many investors from any social network through bounty hunters. Most of them are fake, or "like for like" and "follow for following". multi-accounts not to mention, there's no way it brings on investors. All of these projects from "golden year" are dead now, and almost all doing only pump & dump. There are no real investors, jobbers only. Its not as much as it is but it will help to boost their campaign. Its also a proof that they really active in their social media, they can immediately announce their platform and future plans. It still depends on the specific projects that are launch in the market, there's still projects that have potentials but due to lack of investors they failed also. Investors can't take many scam projects, sometimes they quit after the good project turned to nothing. |
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Go down $80 price I think thats not gonna happen, If the price of ETH go down it was ony in a price of $90.
We know about ETH its not easily down on that price, Maybe in this year will take to a high price again if they still continue rising the price always.
Its not possible to happen again if the global crypto market will go down again but it will happen if its really a bad news not only for ETH. I think it will continue to rise in the long run especially that they have the event coming to their way. Even if its down or up, I'm sure traders will make profit to it because they figure it out before it will happen. |
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Binance and Kucoin are two best crypto exchange so far. You can create various chart analysation and apply several strategies and indicators there. If you want more technical you can use trading view, it provides more technical stuffs there. You should also because in choosing exchange sites, sometimes the trading fee is not fair and transaction is too slow. Some various exchange have few traders, so you should consider it also.
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Binance can do nothing about it if the developers of a coin decided that they had enough and abandon the project, we have seen that happens on many times in the past even when the times that Binance is not yet existing, investing is always at your own risk, you cannot expect an exchange to save you from all that risk, it's one of the realities of investing.
Yes, Agree. Its like the nature of ICO's and most of them end up with nothing. Some projects are not longer exist or exit with connection with cryptocurrency. Even a great project can be bad after the hype listing in the best exchange. You can consider a big profit in the beginning but as time goes by project will be fade. Devs should put more hard work to survive the market dump, and continue to develop their project. |
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Pandemic is really affecting our economic and even in crypto market. Base on my own analysis,people in crypto world will sold what they have in crypto just to provide their daily needs and it will cause a little down slope in crypto graph.Also if some personality that hold bitcoins and other crypto are one of the victim of covid 19.
In other side,many people that already know how to trade will surely enter in crypto world to invest just to earn during this time that almost a lot of people had no work. But only those with capability to invest because mostly suffers from covid 19.
But despite of this pandemic only one is sure...crypto market will still move positively and the ups and down in market value is just normal.
It seems that in just the beginning when the virus strikes when cryptocurrency badly affected but other than that it continue to pump all over again. I think it because of halving event that have been occured, it balance the people trading and investing towards the panic selling of crypto due to the virus. Some people might seeks another way to earned money and study crypto with the time they stay at home because of these reasons crypto become hype. |
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You should not doubt with your decision and just believe with future possibilities. Bitcoin is way too good to invest rather than ETH so don't regret with your decision. Long-term will be good strategy and don't easily panic if a big dump will occur, just trust the process. Halving event will be have great impact and I'm sure huge holders are not turn around with BTC. If you have enough money, if BTC rise then buy again ETH if you want.
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Most of the cryptocurrency that launched in 2017 where died now. I can't imagine if I continue to hold those tokens that I earned back then. After the massive bull run, we can't get another profitable coin to invest with unlike the old days. Bitcoin still the best crypto investment, you'll see how bitcoin been dominate this past years. Binance have also a huge impact in crypto world. So probably you should put huge money in its basket.
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Altcoins are not yet adopted to the level of Bitcoin that is why all altcoins are still dependent on Bitcoin, maybe in the future, the scenario would be different, but right now the industry success lies on Bitcoin, and I don't see it changing in the next five years, this will still be the market trend.
Bitcoin remains unbeatable right now and no altcoin can dominate as bitcoin is but in some instances and future scenario you can consider that one altcoin will make a great impact in crypto world just like Bitcoin. People still preferred to buy Bitcoin rather than other crypto. Some millionaires have also back up by Bitcoin or even new to cryptocurrency because of its popular and trusted. |
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