Before do it make sure the money that you use to invest in it afford to lose, because make invest in ICO you can loss big number of your money. But by use some good strategy and risk management you can minimize that risk and finally can make huge profit.
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I prefer coin that development IoT and AI because this is look new in cryptocurrency market. And some coin that development this kind technology is IOTA, DATA, IOTChain, Waltonchain.
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Yes because the volume of the market will high so the transaction will be going fast and every trader can get better price. The more volume also will be more in demand so good for cryptocurrency future.
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Sometimes i open the whitepaper but iam not read all apart of it because hard for me to understanding the project by read the white paper, because the language in the whitepaper use technical language. I prefer watch the video presentation to know aim of the project.
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Day trading actually is better because we can make more profit than just hodling. But to doing it need more skill and more times, because we should be focus on the situation of market. Always know the news update related crypto so we can decide what should be doing before any high impact to the market.
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Cardano now on top 10 ranking in Coinmarketcap so that mean this coin popular so fast, and i think in the long term this coin promising high profit because many demand will come. And i have seen some review of this project, and the team behind it look professional and solid to development the purpose this crypto, so Cardano is one of the good invesment.
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I just started trading a few month ago but actually iam in big loss nearly 50% of my asset because the market big crash a few day ago. I was not doing cut loss because in long term i believe the market will be back to normal, but that decision is wrong because the market to big crash. Should be i sell it and buy again at lower price.
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Look like now BTC on support area and the down trend is finish so now its good times to pick up it, and hold it in a few month.
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Become a trader its easy just buy low and sell high, but to get consistent profit from it is really difficult, we have to learn many thing like technical and fundamental analysis, risk management and psychology of trading. Its need more time to become professional and expert trader, but if you serious to learn it you can make consistent profit.
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At the moment i just start in crypto so i have to learn more thing first all about crypto and then when i can make good money by consistent i will also have plan to more focus here because salary from currently my job not enough to cover daily expense.
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When dip market is over just like now will be many opportunity to get profit from different coin. But in my opinion good and massive potential coin for long term investment in 2018 is ETH, DASH, OMG, XML, XRB, AION, VEN, UTRUST,BITDEGREE.
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That very good strategy, thanks for sharing. I will follow that your strategy. Currently my strategy is day trading with take profit between 10%-30% but when market on bullish strong i often miss big profit. And i also use cut loss strategy to reduce any risk in trading. At the moment little bit profit from my trading. I hope later i can make better strategy to get consistent profit from trading.
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Iam still newbie in cryptocurrency market so i just hold all my coin, because all money that i use to bought that coin is free money. But from this crash i can learn if make invest in crypto is very risky so need good risk management.
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I will more some coin but not now, I wait for long consolidation first to make sure the dip over and then ready to buy some coin. In my opinion all coin that below has good potential in the future. ETH =30% Dash =20% XLM = 20% AION, UTRUST,BITDEGREE. =30%
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In my opinion if you need money in 1 month for the better sell your coin on that day because posibility the market will going up in a few week, because now in daily chart look all coin on oversold.
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When bearish market just like now day trading could be more profitable than long term hold. So i think important to more understanding about day trading strategy to reduce the loss when any bad news .
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In my opinion to trade right is use stop loss in every trade because in trading our analysis and prediction only about 60%-70% probably right but about 30%/40% can be wrong. So learn more to reduce the risk is very important in trading. Thinking about the risk first and then you can make strategy to reduce it.
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That to big crash already so in my opinion just hold it and patient to wait for bullish trend because the price has posibility to going up.
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I have a beautiful girl friend and i have alot of money.
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My favorites website is social media that i use because i log in to it everyday like FB, Twitter, Youtube and also coinmarketcap to looking for new potential coin.
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