I agree with the successful vulcan forged and Citizen Finance projects and give huge rewards to bounty hunters, and none of that is a problem with erc20 smart contract network, because it all pays off. There are still some successful projects as well such as the POOLz Finance project with erc20 smart contract network.
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With so many new projects emerging and listed on coinmarketcap, it proves that crypto is increasingly popular, and many people who are already doing business in crypto, we welcome with pleasure, hopefully those who are new can adjust and develop well, if they can last a long time is good. So there's no need to be scary.
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Of course shiba inu can reach $0.1 provided the developer works well and is serious about developing his coin. If they are serious even shiba inu will survive even when the bearish market. I also hold a shiba inu but not much and still wait for a miracle.
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I think it depends on the coin itself. If in the future prospects are very good and have potential, there is no harm in you holding coins in the long term. Especially if you buy it when the price of the coin is at the lowest price. We can learn the history of the coin, but holding long-term is very much in need of patience.
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If you look at the current progress of crypto, many new coins are coming in, there must be some that can provide opportunities that can provide profits, but previously did have to do research. Or if you do not want to take the risk of being able to hold Bitcoin even old coin coins that are not expensive. That could be a consideration. But however, the risk of investing is always there, so we must be ready.
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Usually if I have made a profit even if only a little, then the coins I hold I will sell, because the market is unpredictable, it could be in the future the coin will decrease and we will never know when the price will rise again.
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If you are the holder of the Algorand coin, then you are lucky. Because Algorand’s price is on a high right nowday
And for the past two years, Algorand has been at the top of the price, and in this week has risen by as much as 90% crossing the $2 mark and hit a high of $2.44. Even now day Algo, ranked the 18th largest cryptocurrency by market value, since its launch in 2019 has not seen such price heights.
How will Algorand in the future increase its rankings? and be able to compete with other established altcoins?
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Yes bitcoin is bullish because it has up to$ 50k, from since the decline to $ 30k, but this bullish does not last long because it has now down to $ 45k. However, this can still be said to be a reasonable decline, because crypto is volatile, so there is no need to be shocked, especially if it will rise back to $50k, or even drop back to $30k. The most important thing is that the coins you hold are potensial coins.
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Investing in crypto has indeed been much in demand by the world community today, let alone investing in bitcoin and alltcoin is also no less interested because it both provides benefits if entered at the right time. But it is well known that the crypto market is not very predictable. So if you want to build a portfolio from now on, it doesn't matter. Hold your portfolio until the price goes up.
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When bitcoin drops to $30000, this is a disaster for most traders who buy bitcoin and altcoins at a price high. We didn't expect bitcoin to fall this low, so causing altcoins prices to be dumped very deeply. For traders who have already lost over 25% in trading, then it is best not to cut losses because it will make lose some capital. So believe me, the bitcoin price will back up again and altcoins price will rise again.
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The price of Ethereum is currently in decline when bitcoin makes a major correction. Even for other altcoins, the price becomes very low. Actually Ethereum price can reach $6k but it will take some time, and it won't happen soon, it could happen in the next month. That's even if bitcoin uptrends towards $60k.
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Seeing the current market decline, when the price of bitcoin falls, then the altcoins we see are now experiencing a price drop as well. Currently, the price of altcoins is still low I think. If you want to buy altcoins for a period of several months, you can buy ADA, XLM, Waves, BCHA, BNB, and other coins that are good fundamentally and still low in price. And adjust to your capital. But before you buy it, you should check the chart history of the coin.
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I trade like you too and have failed in my trades, besides making a profit. We can minimize the loss in trading, it depends on the strategy in one's trading. Maybe flying hours will make us do more to recover some of the lost capital if you experience it. I also argue that many traders are experiencing a partial loss of capital in trading. But it can come back if one continues to be consistent and more careful in deciding.
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I admit until now I feel the benefits of Tron for shipping transactions between trade exchanges; it costs cheaply when compared to bitcoin or eth which is very expensive. In addition, Tron very quick, so I also until recently traded Tron good for daily trading. Trc20 is very helpful and a solution for traders.
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For Elon Musk's positive tweets about crypto, I agree and support, but if Elon tweets to discredit crypto, like discrediting bitcoin, I really don't like it, because once Elon tweets, it becomes hype and can affect the public. I don't like the way bitcoin can go down this low because of Elon Musk's tweets. This is very detrimental to me because Elon Musk's tweets of my assets in trading suffered a lot of losses.
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