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I understand the fear and frustration at this point in time but let's not forget that this is not the first time bitcoin has fallen after reaching a high peak so let's not give up yet. @OP I really admire your courage of holding your bitcoins as of now...Well you are just like me a long time holder because we believe in the technology that we have invested in and we know it would definitely pay of someday.
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Well currently there are a whole lot of online marketing platforms that have planned to accept bitcoin and other major cryptocurrencies as a mode of paying for goods that are purchased from their platform. I know that the following companies have all announced their acceptance of bitcoin and other cryptocurrencies as a mode of payment for transactions. Samsung, Ebay and Amazon etc.
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No mate...this is the perfect time to invest into cryptocurrencies k...Don't let anybody deceive you that you came in at the wrong time because of the way the crypto market is in crisis because it can rise at any point in time. Just be patient and invest at the moment to reap the benefits when the crypto market is restored.
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Many ICOs have failed due to the huge volatility involved with the crypto market. It has long been speculated that security tokens offering can be the next wave in the crypto community but the little problem with security token offering is that their return on investments to their investors can take a long time. Most security tokens offerings also don't list on exchange platforms at an early stage until their project is fully developed to give a real value to their tokens. Most cryptopreneurs are actually in a haste to make money out of their investments and so they don't prefer to invest into STOs but rather ICOs. However with the fail of ICOs maybe they can start looking at the way of STOs.
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That's very true...holding unto your coins even as it turns out to be shit because of the reduction of the crypto market is something that only brave cryptopreneurs can do because many noobs in crypto would sell their coins when such things happen. One thing that i have learnt from the inventor of Litecoin is that if you cannot sustain a 90% dip of bitcoin then you should not be involved in crypto investments.
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This year has actually been a bad year for crypto as there has been a constant decline in the price of bitcoin and the entire crypto market. However many are anticipating that 2019 could be the year for another rise in bitcoin to a new high. Nobody can actually confirm this unless we wait patiently to see how things would unfold with time.
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if you have never seen bitcoin in such a sorry state as this then you will never see it in its glorious way when it hits a new all time high again. Patience is what you need to survive this bear market because at the end of every bear market there is a bull run. It can take a long time before we finally see it but it will definitely come and only those who have the patience to stay now will enjoy later.
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Currently i don't even visit exchange platforms because if you sell your cryptocurrencies at this time you are only earning pennies whiles those you sell to earn huge income when the crypto market rises.i know things are very very gloomy as of now but be patient and the crypto market will rise very soon. Don't sell cheap or else you will regret it very soon  |
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Investing in both ccryptocurrencies is very good since they all have the potential to increase as soon as the market start to rise. However we are to specifically choose in between the two then i would definitely go in for investing into btc. BTC controls the entire crypto market and so it would be best to invest in that cryptocurrency other than the altcoins.
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Seriously if you are not investing into bitcoin or any other cryptocurrency as at now then i don't know what you are waiting for. This is the lowest i can presume bitcoin or the entire crypto market to be so this is the best opportunity to invest so that when the crypto market rises you can also make profit out of your investments.
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Crypto market can never collapse and i know perfectly that this sudden dump in bitcoin has really astonished most people but that is how volatile the crypto market is and the funny thing as they day you may decide to leave would be the all time new high that most people are talking about. Stock market and crypto market is all about patience in investments or else you will always sell cheap for others to gain huge.
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hahaha...most of us are full of regrets back then but i guess there is nothing we can do now because it is really going to take a long time before we can see another huge rise in the crypto market. But this is also not to say that I have given up hope in bitcoin hahaha not at all...Bitcoin will definitely rise again and this time around i would make sure to cash out some other than holding all my bitcoins.
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Well answering this question is more of like in two sessions because as for investors you would argue for them to buy into solid projects. However for day traders in cryptocurrencies they would do both at the same time as and when the crypto market fluctuates.In my best opinion this is not the right time to sell any tokens unless you are not sure of its bouncing back when the crypto market rises. It's better to invest more only if you can afford to lose the principle money.
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The government does not like the use of cryptocurrencies because of the decentralized peer-to-peer system which allows people to send huge funds from one person to another without using the central banks as a medium. Governments would lose huge amount of monies if cryptocurrencies are accepted to be used as payment for transactions. The fees charged on sending monies from one person to another on blockchain does not go to the government but rather it goes to the miners of the network. this would cause the government to lose huge funds out of monies that are not taxed.
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The reason why bitcoin was created was to be used to make transactions and so bitcoin can also be used to make payment for traveling tickets. All that the airport needs to do is to update their systems to allow users make purchases for their flight tickets with the use of bitcoins and they can also add some of the alt cryptocurrencies like Ethereum, Dash, Litecoin etc.
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If it is an airdrop of a project with a working product who have already entered on exchanges then i would encourage it but if it is an airdrop of an ICO then don't bother much unless you have read about the project and know its vision to know whether they have a something substantive to sell to the public or not. It is better to do bounty campaigns than airdrops.
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The recovery in market would definitely happen but i really don't think it is going to come anytime soon. currently most investors are waiting for some sort of regulations to be passed as several governments are planning on regulating crypto market. Until then we are likely to see the continue in the downtrend that we are in at the moment but don't give up as the market would definitely rise in no time.
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One of the menace in crypto is scamming and day in and day out most crypto noob and even sometimes experienced crypto enthusiast get scammed. I believe this information would go a long way to enlighten may people out there about how to stay away from the schemes of scammers. Stay safe people there are bad nuts among us.
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