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Except decentralization the idea of cryptocurrency is also that owners of crypto assets are not identifiable, so I am against KYC, but nowadays it became popular and most of ICOs are asking to pass it.
Why ICOs need investors IDs?
I think maybe to avoid money laundering, but you don't have to invest money in airdrops and bounties, so i have no idea why they need documents, but I am sure it is unsafe to send documents to someone you don't know for tokens which will worth pennies in the future or in most case will be shit coins and worth nothing.
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I think Doge coin is very useful coin to transfer funds between exchanges, it has small transaction fees and it is fast.
Doge has supporters and it will definitely survive, but its price will not grow because there is too many doge in circulation and as i know development is also stopped.
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If BTC price will be zero that means demand on it will be also zero, I think its impossible before cryptocurrencys exist.
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ICO-s is most profitable way to invest, but you need to do lot of research and choose projects to invest very carefully, but still there is high chance that project will be scam, to me that is acceptable cause high gain means high risk.
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Never tried trading signal groups, I think you will only loose money if you follow just signals to buy or sell something.
Most of groups give signals on coins which they have already bought and want to pump, or they are just predicting price.
I think it is better to read alot and learn how to trade and rely only on yourself.
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Also add really essential site in cryptoworld:
CoinMarketCap to track capitalizations, prices, available supply and all major info about various cryptocurrencies.
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There are many good ICO-s around, if you research and find good ones it is always good time and profitable to invest in ICO-s.
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I am using Metamask with myetherwallet Its easy and i think most secure way if you don't have hardware wallet.
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This is how Blockchain works. Without transaction fees there will be no miners and no Blockchain.
Paying fees to miners is acceptable for me, they deserve it. I am also taking into account that high price of coin means high transaction fees.
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I am using multiple platforms because not every coin is listed on every exchange. Profit from price differences (i.e arbitrage) seems easy in theory, but in practice its unprofitable at all.
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To buy and hold is easier if you don't have trading experience, but you need patience. Trading is fastest way to earn but you need knowledge and its more risky way. I think better to do both same time.
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It is good that South Korean goverment decide to tax echxanges and not to ban Crypto, but i wonder how they are going to collect taxes, in which currency in BTC/Altcoins?  |
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I also want to buy my first hardware wallet and after i have read lots of reviews, i decided to buy Ledger nano because it is cheaper and it supports more coins.
it really doesn't matter which one you buy as long as you buy it from the original vendor (manufacturer) site. Don't fall a victim of eBay-sold p reconfigured items like this one guy from reddit (i don't have a link now, but google his story). Make sure the seal is intact when you receive it. I was going to buy it exactly on Ebay, did not know if it was not secure to use ledger wallet bought on Ebay. I do not understand all this technical things. I appreciate that you warned me. |
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I also want to buy my first hardware wallet and after i have read lots of reviews, i decided to buy Ledger nano because it is cheaper and it supports more coins.
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Yes it looks red now but it was green 1 hour ago when i made this post.
I had some ucash from airdrop and i even forgot about this coin until today, suddenly i found it in top 100 on coinmarketcap.
I thought it was not legit project.
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Coinmarketcap is red again, only few coins stay green. One of them is UCASH, its price has suddenly risen in two days and now UCASH is 23th on coinmarketcap.
What you think about this project? Another pump and dump or good investiment?
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There are lots of scums everywhere.
Most of lending platforms are scums especially bitconnect.
More than 50% of ICOS are also scums.
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Cryptos are becoming more popular every day and more people want to invest in BTC and altcoins, when bad news spread around will end, we will see big pump.
I think by the end of this year BTC price will be more than ATH in last year.
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Both coins are good.
I prefer ETH because most of new projects are based on ethereum smart contract so I think in the future demand on ETH will only grow.
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