For me it seems strange when I read in news that Ukraine (!) is thinking about legalization of Bitcoin. Probably, they want to run from inflation. As for me, I think Japan or China can be the first ones to do it.
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Some of them almost match Bitcoin. Today most of guys that deal with crypto choose Ethereum. However, I would better stake at Litecoin. This stunning cryptocurrency will be widely used in future. IMHO.
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This will be not the strain financial operation. Convertion to Bitcoin will be needed. After you do it (compare the rates of exchanges), you can easily convert Bitcoin into dollars. Easy. There are so many variants to do this. You can also try this card - epayments.com, this is hidden gem card! Very convenient.
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In my opinion, it is a very good altcoin to invest into. It is a great crypto to trade with and it is nice for mining. I suppose Zcash will be going up further, and its capitalization will be only increased.
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I have read something about this altcoin. The Numerai project creates a hedge fund in which network effects and artificial intelligence technologies are designed to fundamentally change the way assets are managed. Suppose their alt will be stable and even has all the chances to go up.
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You never know what is going to happen the next moment in the world of crypto — it depends on hundreds of factors and you cannot know about all of them. I think Litecoin and DASH are the currencies that can be chosen by more people for transactions and operations, and with time they can really become as popular as Bitcoin. But nothing will replace BTC the next 2 years.
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It is better to hold your altcoins till the moment when you start to understand the scheme how and when their ups and downs happen. It will be nice if you have your own graphs of all alts and update it twice a day at least. And yes, there are cryptos not from the top that are worth paying attention at — ADA for instance.
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First of all Bitcoin is great because if it would not be invented, there will be no other virtual currencies. It is the coin, the platform, the system and in a way it is a religion that all the world of crypto takes and respects.
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I suppose that in a way you are right, but sure, the main reason of Bitcoin growth is something different. BTC has got the great background and this is the most well-known cryptocurrency. Its capitalization takes over 56% of all funds in crypto world.
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I think that the richest people in any country invest in the crypto currency despite the state bans. Such news will cause more confidence in the crypto currency of those who still doubt.
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As it seems to be Bitcoin Cash will be traded within the limits of $1400 - $1600 or even less. In my personal opinion now its current price is too high. However, as I see it, it will slowly go down.
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I just participated in Bounty programs. Being a very cautious person, I prefer to stay away from most of ICOs. Yes, there are some brilliant projects that can make me rich, I know, but I preferred trading.
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Tracking all the airdrops and bounties you have already joined is not always very easy. It is really much better here to contact dev or find the corresponding thread of discussion on this forum and follow updates there.
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Just start searching the information about all cryptocurrencies. Do not concentrate only on Bitcoin. Many altcoins and trading will give you in future much more income that the operations with BTC.
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I believe that bitcoin is already being used in corruption where it existed and with ordinary money. Bitcoin costs much more than other currencies and will probably be very valuable in corruption.
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You do not write how much money you are going to spend for buying altcoins. When wishing spending much, better invest into DASH, Zcash or Ethereum, Monero. Choose Ripple and Lisk when your capital is less. But it never matters — the alts coins market is always flexible.
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I suppose that trading into cryptocurrency is less risky. Just try not to invest anything into one coin and sell it all when you understand its price is enough high. Cryptomarket does not like when people hurry.
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If you compare mining for Bitcoin that you can do in 2013-2014 with today’s situation, you should better make your choice between the most promising altcoins. Mining for them is easier and brings more profit. Zcash is good as well as mining for Monero always brings positive results to guys that deal with it.
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