It may reach above $300 before the year ends since we ethereum already showing positive pump these past few days. From all time low of $82, it went up a price already to $131 for only for more than 2 weeks. I could consider it as a great achievement for ethereum and will be a quick recovery. If we compare the difference with the recovery between BTC and ETH, ethereum is the winner because it gained 36% for 2 weeks versus bitcoin which went up a price to 20%. If the recovery of the market will go straight out, it is not impossible for ethereum to reach $300 before 2019.
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KYC for bounty and airdrop participants will not protect an ICOs against dump because in the current market, even well known altcoin that is part of the top 20 in coinmarketcap also experiencing a price dump. Even an altcoin that were newly listed from a well known exchange was being dump by their investors and bounty hunters. Why? Because every traders have the same rule, sell high and buy low.
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Newbies should always do their own research before choosing a wallet and dont just download it because it may also contains a malware that will be able to pull up any sensitive information on your device. It would be better if they search about the wallet users feedback, how responsive their customer support and how long this wallet exist. The wallets i am using was Coinomi, Jaxx, Exodus, MEW and Metamask.
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2019 looks a promising year and lots of opportunities to come for cryptocurrency. Most of us are expecting a recovery and bullish market next year. We are expecting ETF approval, stronger crypto regulations, massive recognition from new investors and NASDAQ to list bitcoin futures by 2019. With these incoming big news, market recovery or a new all time high is inevitable.
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I also thinks the same way. If ethereum just provided restrictions before using their blockchain to generate those thousands of tokens or maybe an agreement to protect its investors from possible scam, this massive dumping might not happen or can be avoided somehow. I don't blame ethereum totally because some of the tokens created from their blockchain also brings us a fortune in some way. Thanks to ethereum, we can now invest to an altcoin that have a future in the long run and will multiply our investment for long term holding. Way back 2017, these tokens indeed gave some investors these unimaginable returns.
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Waves is also one of my favorite altcoins and planning to hold for long term investment. It also has a decentralized exchange which make their token very useful on their blockchain. I was also surprised that waves was one of the top gainers in Binance and i hope that I am not late yet to invest with this altcoin at a cheaper price. I'm wondering what caused the price pump? There could be a chance that it was an apple in the eye of P&D groups this week and if that is true, a massive dump could happen.
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Most well known altcoin below $1 always are the top gainers when a greener market starts like ADA, XRP, VET, XLM, IOTA, TRX and ONT. If you look on their all time high and if you invested at its lowest price last week, the return of investment is unbelievably high and amusing. Investing to an altcoin below $1 will definitely give you higher return in the long run so time and patience will take place.
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My exit strategy depends on how large is the volume on both selling and buying request, how the bar goes and the indicator scale on how traders reacts with the market. I maximize the stop limit option in binance to avoid wasting my time looking on buy and sell requests. By doing that, i manage to control my emotions and greediness to take a profit. My indicators for selling is between these numbers after the dot.
0.189, 0.487, and 0.98
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Some projects decided to extend their ICO because of fhe price of an altcoin they are using as a payment like ETH, BTC, LTC and XRP are getting lower so the result, their funds to support the project also minimize. That also applies to exchange listing. Thhey decided to delay the listing because they don't have enough funds to support the project and cover the fee for the listing at the same time. They are also protecting their investors against possible dump that will ride along with the bear market.
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This is very common and was already done by other altcoins. Looking for a user? Start creating a platform with unique idea and strong partnerships. For a well known online shopping website like Amazon, the main reason why they have millions of customers is because of the assurance that Amazon always got their customer's back or always got them covered. It would be nice if you will offer the same service to your altcoin users. What we need is an ASSURANCE from the company.
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It is not impossible for ethereum to be pumped on January or before that hardfork since that smells and instant cash and a free income to fill bags. It may also become a reason for ethereum to take over the second spot again so we have to collect as many as ethereum as we can before that happens. One thing is for sure, it will not become the same as BCH hardfork that caused a market manipulation. This is not the first time for ethereum to be on a hardfork.
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The green market only swings once in a while and it is very rare to see nowadays. We are already in the last 2 weeks before the year end but there is no sign of a bullish trend. Those minor pump was most likely a bull trap or was being used as an opportunity to cut losses by many. Despite those negative things happened, we are still seeing an adoption or a large number of buy request weekly so it was still a good sign that there are thousands of incoming investors hiding in the shadows.
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That will be the worst case scenario for bitcoin if it will reach $2000. A panic selling will happen and the most affected in this dumping scheme are the altcoins. If bitcoin went down to $2000, that is a lost of -40% from its current price so altcoins will surely follow so their price might go down more than -50% to its current price. These are all possible since bear market runs for over a year now and there still no sign of a real market recovery.
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Chinese are always wanted to be on the front line and dont wanted to be left behind in terms of technology. Blockchain is the hottest and most flexible invention of today's generation so China is using this opportunity to become a leader of blockchain or advance user. We all know that blockchain holds a future which can handle millions of transactions per minute and Chinese already see the potential of blockchain.
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I did that already since most of my altcoins from bounties and airdrops are shit coins. Even though they are shit coins, I also lost more than 70% of their value so I lost the opportunity to earn bigger if I just decided to sell those during their breaks. Even well known altcoins are getting dumped so losses is inevitable. The current price of those altcoins with potential in the long run is very attractive so I am sure that most holders did the same thing.
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Below $1 altcoin or not, they dont have an exception in this market correction. It was proven and tested that investing to an altcoin lower than $1 gives you a higher return but that is only if you are investing to trusted and well known altcoins like tron, ripple, ada, xlm and iota. It is a matter of choices, strategy and doing further research is always the key to take that profit. Before you invest, always check the platform's background and incoming events.
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I don't think so. We don't even see bitcoin pumping more than 15% in a day this week so this could be a false break out or a bull trap. Surpassing $3500 is a great sign but there will be another wall at $3800 to $3900. If bitcoin surpasses that price or sustain it for a week, there is a possibility of a bull run before the year ends so we should be careful with our trading positions and observe the market carefully. These green candles are tricky nowadays and also surprising when it becomes taller in an instant.
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Unfortunately, many investors already loosing hope with cryptocurrency if it will still recover or not, how far will this bearish market go and what will be the deepest price for bitcoin. As per the legends or professional traders, this is a correction from 2017 hype and a healthy correction cor cryptocurrency. This is not the first and longest time of price correction where sooner or later, we may see the market to recover next year. It is a matter of time and patience.
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