During the PPI, the founders get the money, and you get something that may end up worthless. The price falls because investors want to make a profit on their investments and bonuses, those who sold the first remain in the black, the rest lose nothing at best.
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Perhaps my worst investment decision this year was buying ethereum for the price of $ 620 and $ 480. Now I'm trapped, the price has dropped so low. I do not want to cut the loss, it is too much. Better wait.
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It will not happen soon. Cryptocurrencies now hang out like a small boat in the ocean, no stability. Imagine what will happen to the country that invests part of the budget in cryptocurrency in today's market. It will be a disaster.
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As of now the market was still in bad situation, where most of the community got worried about it, which is not supposed to be happen. Since that we can't do nothing about what is happening in the market we need to accept the fact, that become a bullish for now is the best tools anyway for us not be wreck in the end.
At this time, it is best to forget about the crypto market for several months or even more, do other things, learn or start working in other areas. When the market recovers, you can return to your previous work on projects.
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Ethereum is still dominating in ICO market, I agree. But I don't think this will last forever. There many other platforms like Stellar, NEO, EOS, QTUM etc, that are snapping Vitalik's heels. And ethereum looks quite week now, its hype is over I bet.
I really hope that the projects that conduct ICO will finally turn on my head and have close cooperation with the above platforms. The fact that most of the projects on the basis of Ethereum led them into a trap associated with the fall in the price of Ethereum.
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Once again, I am convinced that there is no point in investing when this is said at every turn. The market has been in a severe decline for several months already, and every time I hear investment tips. Unfortunately, practice shows that we have not yet reached the bottom, which means we can only wait.
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I would not expect that the market will soon recover, I do not see any news for such a prediction, I heard only negative news last time((
Let me disagree with you, there are a lot of positive news around the crypto industry, the blockchain continues to spread, however this positive background does not positively affect prices, on the contrary, the market continues to fall.
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Main problem Ethereum - slow transactions. And while Buterin and comman can't decide this problem. In this moment better seeing EOS or Cardano. I'm think this coins will be thief part capitalisation from Ethereum.
I think the endless issue is a much more important issue. On average, transactions take place fairly quickly if the network is not overloaded. Even increasing the speed of transactions the project will not solve even a part of its problems. Increasingly, I come to the conclusion that it is time to look for a replacement for ether.
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If all companies introduce strict rules, this will probably help in the fight against multi-accounts and bots. Not all bounty managers do their job well, in every company you can find a lot of dishonest participants.
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Ethereum is really a very strong project, look at its merits. Ethereum is one of the founders of the crypto market, which means that everything that exists now we should be grateful to this project. Whatever the price of the etririum is now, its value is difficult to underestimate.
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Please cheer up brother, I believe most people including me understand your feelings. Mistakes make us more excited than when we succeed absolutely right, don't give up and blame yourself but get up and learn from our mistakes to be better in the future, don't feel disappointed with yourself take the wisdom to succeed in the future. Such encouraging posts inspire. I will join. Everyone shares your feelings, everyone was in the same situation. Do not give, after the night always comes dawn. After a recession comes growth. The main thing is to wait for this moment and not to squander all the money in an attempt to restore the portfolio.
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Every day I participate in the bounty of the companies, and exploring various projects. I often see such a picture that even in such a bad market, large funds invest millions of dollars in ICO projects. They count on long-term investments, and are ready to wait for a profit of 5-0 years. One year for cryptocurrencies is not an indicator at all. Be patient, the market will definitely recover and we will make a profit
About the same things motivate me. However, it is surprising that by taking part even in the nicest projects that were able to collect investments even in the current market, you have not received enough payments for a month. I can't wait until the situation finally changes.
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It is really hard to predict since the market has been so unpredictable these days. I guess the votality of cryptocurrency is affecting most businesses these days. We should keep calm and just think of the good things that might happen soon as the market recovers again. Good things are about to happen in the market.
The crypto market is indeed extremely unpredictable, but technical analysis can lift this curtain. Currently, there are no large buyers on the market, which means there is simply no one to buy. When the buyer appears, then growth will begin.
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Of course, I experienced euphoria, feelings of happiness and boundless joy, it was so long ago, but I remember well the experienced feelings now too. I remember that I called my close friend and shared this joy.
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Analogy here is somewhat like coke and water, good to have both. But there's always one better depending on the situation. I for one would like the best of both worlds so I invest in both alt coins and bitcoins. Both side of the cryptocurrency coin is best when you have both at your disposal.
Good analogy. Anyone who is interested in a similar question, I advise you to study the technical documentation of Bitcoin and the Altcoins of interest, you will immediately understand the difference between the projects, how they differ and what are the advantages of each.
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1. I have been hacked 2. no, because this is about personal accounts and the security depends on us 3. Activate Google Authenticator or login security via telephone number
The last item on your list solves most problems. I do not understand why so many people forget about it, then they are surprised that their account was hacked. There are a huge number of ways to get access to your data, but if you need additional verification through the phone to do this, it becomes almost impossible to get access to your account.
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I wish 2017 would repeat. It was an excellent time for all people, who worked with the cryptocurrencies. Many thousands became rich, and a lot of guys turned their minds to change their profession and become traders.
But, after all, this cannot last forever, if the year 2017 was already going on, then millions would have already become rich, the market would go bankrupt. Therefore, now we are experiencing a recession that will clear the market, and then, I am sure, 2017 will happen again.
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What would trigger it? A lot of people got burnt and they are probably not telling everyone else to buy in anymore.
I agree with you that there is no direct trigger, but far from all people have deposited their money in Bitcoin, with the proper fall of the crypto market and the overclocked news background, it is quite possible to play the December bullish race number 2.
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If you are loosing about 90% in cryptocurrencies, that you have to believe that one day everything will be okay again. You cant do anything, only waiting for possible next growth.
Most of those people on the forum who, since 2017, have lost more than 90% of their deposits, some even more, and I am among them. Of course, all that remains is for us to wait, not even to believe, but to wait when the trend changes.
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There will be no sense from these competitors if their projects are closed after the first major fall. Ethereum fell in price, but the development continues, the project is developing, the news is announced. And the fall is only part of the crypto cycle.
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