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It is possible to mine them, but you need to find out their working system (meaning on what base this is going to work), and it only depends on the coin you want to mine.
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There are tons of topics on this forum, that are straightly asking the same question. I would suggest you to just analyze everything by yourself and mostly there is one thing needed- the concept of the project. Looking at the concept and product, as such, you may see what is willing to be well-known in the future, and what will not.
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In my opinion, just holding is not the best perspective. If you want to earn money, just waiting and looking and the graphs- this will never be succeeded. Make yourself excited about everything by learning and putting your effort even on your investments.
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I have bought cryptocurrency from the bank account and from the internet wallet. Yet, I did not buy anything just from my hand (from paper money=cash), as if you meant it.
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I'm really disappointed in the bounty campaigns and long-term investment, because at the moment it's just not profitable. But trading the Ethereum is a good idea.
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ADA is a good coin, you can invest in it if you are excited about it, also do not forget about bitcoin and ethereum. My token that I like is- DGPT, but that is only my opinion, you may take a look on it.
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Well, in the problem of analyzing the team on the fake existence, it matters as a human needs water to survive. While, to analyze their concept and market positions- obviously you will not need it.
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I think probably the value will correct itself soon, but then go up, as we all know- nothing can go straightly to heaven. But, if there is loss- do not panic, just hold it.
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