This time is good for investment in bitcoin as the coin is decreasing in prices comparatively. As analysts say that the coin will hit $ 20000 the year 2018 end, it is right time to invest. News surrounding cryptocurrency is also good and Facebook also lifts its ban on crypto ads. The good news will definitely make an impact on the market.
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One cannot say for sure why the market is going down. Some say that hacks, others bad news surrounding cryptocurrency. Whom to believe I do not know. I think regulators are trying to kill cryptocurrency. They are taking strict stances against cryptocurrency.
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The best answer for you at this time is invest in altcoins right now, as all altcoins and bitcoin are decreasing in prices. The crypto formula is buy at low and sell at high. All coins are poised to rise after the year 2018.
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It will not be wise idea to sell your ethereum coins just for cardano as ethereum is good coin. You should not lose your hope in ethereum. Ethereum has a great potentiality rather than ADA. Buy more ethereum and wait until the year 2019, it will give you more profit.
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It was not good idea to sell ethereum as the coin is good investment. But I suggest you can buy ethereum and hodl for a while, as it will grow over time. Between ripple and litecoin, I pick latter. Litecoin is best over ripple. You can also buy litecoin.
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No it is not good for anybody to quit job just for cryptocurrency. You can allocate your time between your job and cryptocurrency. Cryptocurrency does not need more time, it means you can give up to two hours a day for it, which is enough.
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No I won't encourage others to invest in cryptocurrency in any way. Rather I would inform people about cryptocurrency and its use. I have heard about cryptocurrency from my brother one and a half years ago. Since then I am into it. Crypto is risky and so people should must know about its risk, and decide themselves what to do.
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All ICOs may not be good or in fact they maybe scams only. There are a lot of projects mushrooming out there and there are also reports of scams. So look to project team, its previous performance, factors deciding its trust among others before jumping into it.
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You mean there will not be silver lining in the market? I think it is just the beginning for cryptocurrency. It is true that the market is facing and will face some setbacks on the part of regulators, but it is equally true that regulations will further strengthen the market and make it stable. The market will come more strong in the days to come.
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ICO will not die. But the number will decline over the time. Lately ICOs are sprouting in many numbers without any regulations. As a result, some are scams cheating the people and investors. Ultimately, it is good that regulations will help stop projects from cheating people in the name of ICOs.
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Cryptocurrency is unstable project. So you should expect its nature when you invest. I think ethereum is good investment and you said you loss $10 in a single day, it is due to its volatility. You may gain profit when the market goes up and that may take place in no second. Your investment amount is small I think. You will get only a small profit from it.
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I think not only ethereum but all coins have been down in prices as the market is in the red. One cannot tell exactly what will affect or manipulate the market. But panic sell, bad news, regulatory measures among others affect the market. I think manipulation also plays a great role. After all, volatility is the nature of cryptocurrency.
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I think it would be possible only with big investment. For example if you buy some 200 ethereum for more than $100000, you may earn $100000 in short term as it is not difficult for the coin to hit $1000 per coin when the market gets slightly correction. But with small investment you need to have hodl good coins for maybe next five years.
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Your idea to buy coins by taking out loan is nothing but a crazy idea. My suggestion is that do not invest in cryptocurrency by taking out loan. You may get into debt. The market is always unstable, and unpredictable. So how can you say that you will get more profit and pay back the loan. If you are interested, you can start out with whatever you have. Good Luck.
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I have a different pick than you. I want to buy some Medical Token Currency (MTC) as the coin is amazing and has a revolutionary idea in health sector. It started some one month ago at the cost of $ 0.03, now it is trading at over $0.18 per coin, a decrease from up to $0.42 not more than 10 days ago. I have got 422 MTC coins from bounty campaign.
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We all know that we learn from our mistakes. But caution is necessary to stay away from being cheated. Here in the crypto market, caution and the patience is most necessary for better. You know! there are a lot of scams in the market who may cheat on you under various pretexts like ICOs. So stay alert and keep patience.
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Bitcoin is the king of all cryptocurrencies, and it has been able to retain its status till date. However, none can predict when and to what point prices of cryptocurrency increase. Bitcoin keeps rising and falling in prices due to volatility of cruptocurrency. But to my knowledge, its prices will reach $10,000 in May.
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I do not think that cryptocurrency has been stabilized yet. The bull run will make its presence only after 2019 as compared to this year. Regulators are making their presence strong, which ultimately make the market stabilized. So in my personal case, I am planning to sell my holdings only after 2019.
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I also think so. The market will boom during the FIFA world cup as many transactions would be carried out in cruptocurrency, thus increasing demand for it. Prices of the currencies would also increase. I am looking forward to making much money through crypto trading during the world cup.
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Not yet until at least the end of the year 2018. This year is not good time for cryptocurrency as many countries stood against it and others sprung into action with regulation measures. However, to the happiness of investors, regulators are acknowledging the importance and relevance of cryptocurrency. 2019 year onward is good for crypto.
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