Definitely 2017 was the best year for cryto. The problem was that many coins raised much more than their rel added value and this is very well seen now in 2018, when we had almost an entire bearish year.
Cryto is still in an early phase and it will have more "2017s". We just need to invest wisely and to have patience.
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Bitcoin, is the only proven crytpo, even ethereum is a crap shoot at best "decentralized autonomous databases" for web 3.0, we have decentralized internet, they just wanna throw a database on top and centerlize the system, like a Trojan. A privacy centric crypto like monero will always be around, doesn't mean it's a store of value but one will exist. 0 crypto's have any meaningful relationships with fortune 500 companies but I'd have my eye on VeChain if it can lock in more than a verbal agreement with shipping companies it will address fakes in China, great leadership from an Ex Louis Vuitton Exec, it has a immediate need, verbal agreements, no proven store of value, checks 2/4 boxes. Wait for it to lock up contractual agreements and its a solid investment.
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Rather than holding, if you have cheap energy you might want to mine sime other altcoins different than Bitcoin.
Investing in mining of some other coins would be a better idea, but that means that you should follow the trends on a daily basis, so that you know when you should sell them. On the other side, engaging in crypto investing by using cryptocurrency exchange services doesn't require buying expensive equipment, so that's probably a much better approach to get some profit (also requires daily following of the trends). In both cases, it's the same as gambling.
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Unfortunately not. Early adopters were 3-4 years ago at least.
Don't expect it to be your easy ride to riches. Having said that, if you are a long term investor you have a good chance to make some money I personally would just buy some BTC and some ETH and hold for a few years
If you're looking short term, very difficult to make money, likely to get burned
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The best option to avoid being hacked is to be proactive against hackers. And to me thus means buying a hardware wallet.
Personally, I got a Ledger Nano S and since then I'm not afraid anymore that one day I will open ny wallet and all my coins might not be there.
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It's funny how people think that bulls will come, but during entire 2018 uf you bought cryto in february was cheaper than january, if you bought in September, it ws cheaper than August etc. What makes you think that in 2019 you won't buy cheaper than in 2018? We live difficult times for cryto
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I think more than 90% of the coins will decrease to near zero, as they have no real value or utility. Why would you need 2000 coins already listed in Coinmarketcap when only a few of them are really used (btc, eth ..) and even for them the adoption rate is quite small?
If you want to invest in a coin, don't do it because is cheap, but do it if it has a future.
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Mate, your question is way too general. Nit all altcoins are the same.
If you have sh*t altcoins, then yes, you might want to exchange them into fiat or btc while they still worth something.
If you have good altcoins you might want to keep them as some of them will have a better increase than btc during bullish market.
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This will not anytime soon due to Bitcoin's yet volatility and small adoption rate.
Imagine that you would be the CEO of British Airways, you would have sold last month 100000 tickets at 500$ and next month they worth 200$ only. You have to pay thousands of employees, taxes etc. This wouldn't be very cool, isn't it?
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Most of ICO projects became sooner or later scams. At least this happened in 2018.
I recommend you to take into account non-ICO based projects, as here you don't have the risk that the project to vanish as soon as soft or hard capital is reached. (If you are interested in a good non-ICO project, you can have a look at Staker - details in my signature)
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The answer is definitely no. First, it is not recommended to invest all your funds in one single direction, no matter if this is fiat, gold, stocks or crypto.
Second, cryto market is still very volatile, meaning that the risks are very high. Besides, main rule in cryto is to invest only what you can afford to lose and I have some doubts that you can afford to lose all your funds.
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Nothing is impossible in cryto, neither that Bitcoin to become a worlk wide currency. Imagine that hundreds of years ago, when people was using gold coins to trade merchants they could not have image that gold coins to be replaced by paper currency or credit card.
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The biggest mistake you can do is to invest without having done sufficient research before. The best time to plant a tree was yesterday, the next best time is today. 100% isn’t a lot in this market, I’ve been making low risk trades.
Of course this market is extremely high risk so I don’t want my opinion to sway you, just giving my experience. But I took 2 months to intensely study the market and learn how to use the chart tools.
I recommend learning how to use the macd, rsi, and moving average tools, I learned from YouTube.
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To avoid getting scammed just don't expose your private jey and you'll be totally fine. The blockchain system can be compromised, but would take an immense amount of hardware resources, to break one block, then repeat for the others.
It is impossible and will be for some time. Once quantum computers have stabilized, perhaps that will change.
But for now you need to look into the user ends of blockchain. That is where the vulnerability lies. And not within the system itself. Private keys are to be kept very secure, if not offline
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I think Bitc could replace gold in the future. Nit in the nearest future as cryto market is still very volatile but when Bitcoin's adoption rate will raise significantly, btc has all it beeds to become a virtual gold: - safety - rarity - stability (currently at least through cryto coins)
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If you have cheap electricity mining definitely worth it, if there was no profit, POW currencies wouldn't work any more. It's harder for small investors, so i would recommend trading rather than mining. But if you have cheap electricity, yes you can make some money. In my country, electricity is cheap, with around 4-5k investment, you would get your money back maybe in a 10-12 months plus if you have warranty on your GPUs, it's great for you. If you combine mining and trading... well you know Also if you have some second source of money to cover the electricity, you can hold those coins and wait for later grow and there you go.
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Hello, If you still need a French translator, I would be glad to help with translation (+ moderation) of ANN, Bounty and Whitepaper. Please find below my application: - Bitcointalk username: killat - Translation/moderation experience: https://bitcointalk.org/index.php?topic=2671394.0 - ERC-20 wallet address: 0x961Ecbe03F5729A8F733c935f570cE8e00a005FB Thank you in advance. Have a nice evening, Marius(killat )
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