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Heard about this coin a long while back and was honestly impressed with the symbol, specifications and the development team themselves. I heard about a particular airdrop related to this coin too(Not really sure if it is still going on) based on how many coins we hold, but never participated in it. The thing that you need to understand is popularity is given more preference over specifications any day which is why Bitcoin will always be king.
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How in the heck could this be bad news op? If true, this could help cryptocurrencies. As Bitcoin and the crypto market continues to grow in popularity over time, more and more companies will accept crypto as an alternative payment method. The only problem is the extreme volatility of the cryptocurrency market which needs to reduce with time so that companies would not face any issues making it more feasible in the long run.
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I bought tron early and i’m already on decent profit. But this is a coin i’m hodling long term. >3 yrs. I think iT can go over $10. The more people speading fud the better. I Made the most profits on coins that were bashed by large groups of people. EOS is a Good example
Same here. I find it funny that FUDers don't realize that they are actually boosting the popularity of a particular coin or token that they discuss sometimes. I too purchased some TRON quite early and sold when it rose and acquired decent profit, but I still have a small stack of TRON which I am HODLING for the long term since I am confident that it will rise in value again when the market rallies like crazy again. |
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Completely possible though it depends on how the market is performing. For example, 2017 offered many such opportunities to become rich overnight(NEO, Oyster Pearl etc) while 2018 has offered far fewer opportunities due to the prolonged bear market. I don't intend on getting rich overnight through this market since steady profits in the short term and long term through my investments is my primary goal in this volatile crypto market.
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You are assuming too much op. Features are not everything. Popularity is the most important factor that needs to be considered in this volatile cryptocurrency market. Investors would prefer safer coins like Bitcoin and Ethereum over NEO and EOS any day due to the differences in their popularity rankings. Ethereum will continue rising in popularity over time since it is a established coin which is why I firmly believe that DIECI will never outpace ETH.
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This does not seem like a bull trap in any aspect whatsoever. I don't agree with the people saying that there is no positive news backing this surge which is quite ridiculous. It is quite clear that SEC will most likely approve ETF(Postponed to September) which has contributed to this particular surge. The Blackrock news has also helped. A stream of positive news has been coming out recently which is why this could indeed be the bull market that everyone have been waiting for.
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Well its actually self explanatory... If the company behind the ICO/ token dissapears, dies, runs out of funds, or simply buys lambos and blows all the ICO cash leaving development screwed... Aka... Fails. Well then your investment (tokens you hold) become uterly worthless and you move on... Happens all the time actually. These we call Shitcoins and there is a mountain of them on nearly every exchange. Welcome to the wonderous world of crypto  Well put. This is the obvious problem with ICOs and this is why it is so damn risky investing into this extremely volatile market. Invest only what you are willing to lose. If you are not willing to lose your money, I advise you to stay away from this market. I have seen so many ICOs go down the gutter due to different reasons which you stated which is why I always advise doing proper research before investing into any particular ICO. |
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Not yet. Bitcoin and the entire cryptocurrency market surged upwards in a similar manner earlier this year and came close to $10k, but rapidly fell back down thanks to some negative news. If SEC would have approved the ETF proposal, I would confidently say that the bull market is truly here, but I am not so sure at the moment. If Bitcoin breaches $10k, it would seem that the bull market is indeed here.
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No one can accurately provide you an answer to this question op. You need to do your own research and figure out which coins or tokens you are interested in and decide whether you wish to take the risk by investing into this market or not. Obviously, the popular coins like Ethereum, Litecoin, Ripple, Stellar Lumens, NEO etc are safer choices while the less popular coins and tokens are far riskier investments. Choose wisely op.
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Isn't it obvious op? There is a possibility to earn huge profits by investing into this extremely volatile cryptocurrency market which is why so many investors decided to take the risk by investing their hard earned money into this market. So many people have already become millionaires thanks to smart investments and luck which is why this market provides opportunities to earn steady profits making it more and more popular as time passes by.
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Cryptocurrencies have made my life better in so many ways. I feel happy and lucky to have discovered this huge market last year when the entire market was exploding and caught the attention of people around the world. I have already earned substantial profits thanks to my investments and bounty earnings which is why I feel happy and relieved to be a member of this cryptocurrency world.
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I recommend doing extensive research before participating in any particular bounty campaign. Don't fall for the hype. I usually check out the following factors before joining any particular bounty campaign:
-Campaign Manager
-Development team experience
-Number of participants
-Soft cap
-Whitepaper
-Duration of the campaign
Research the above factors and decide whats best for you based on your preferences.
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As long as the coin is useful and has potential to skyrocket I'd definitely add it in my portfolio. We are all here in this forum to learn something that we can profit when it comes to investments. There's no room for error and carelessness when we talk about our hard earned money going down the drain. We need to do extensive research about the project that we want to invest in and make sure that we can surely profit by reading the whitepaper and knowing about the devs that are working on it.
I agree with you. Its all about the research in my opinion. Research is vital before deciding which coin or token to invest into especially since there are a lot of scam coins popping up these days. Luck also plays a big role here which many people fail to think about. There is absolutely no way of making sure that we will 100% profit from our investment just because we did a good bit of research which is why luck plays a crucial role in this aspect. |
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I think you stand a higher chance of making more money if you invest in alts below $1 because they have a higher chance of doing 3X than eth and litecoin.
I will say PHORE is the coin. Dont forget to thank me later
Are you sure about that? Such investments are far more riskier than the safer investments like Ethereum and Litecoin. This is simply a high risk high reward scenario. There is a possibility to earn huge rewards by investing in less popular coins since they could rise by x10 or x100 in the future, but they could also fall in value by x10 or x100 and you would suffer a big loss. Research is vital in this case. |
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I really don't think so. Some bounty hunters are just gambling their time and effort hoping that the ICO that they promoted won't scam them. Others won't even bother to read the whitepaper specially those who are just new to bounty hunting. I have experience this kind of attitude when I first experienced bounty hunting. I care less about the project and about reading everything what's written on the whitepaper until I got scammed. So I've learned my lessons now and just try to pick those bounties that are really promising and paying out. When it comes to investors' part, I guess they are the one who is more knowledgeable when it comes to the project or ICO that they are about to entrust their money. They always do some research about the technology of the project and making sure that they can profit. As an investor myself, I would always make sure that my money won't be wasted into a token or coin that has no further value in the crypto space so I really spend some time or even days to analyze which project is worthy to invest my money. I don't agree. Time is just important as money if you think about it. Have you heard the phrase 'Time is money'? Bounty hunters are risking their time and effort which is just as important as investors risking their money with ICOs. I don't think that we can generalize and say that bounty hunters can understand crypto better than investors or vica versa. This needs to be analyzed on a case by case basis. |
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HODL is one of the most common terms in the world of crypto. Why do you think it is overrated? HODLING has always helped me in most cases by helping me acquire tangible profits over the short term and long term. So many HODLERS of Bitcoin, Ethereum, Litecoin, NEO etc have gone on to become millionaires which is why there is nothing overrated about this term. HODLING is not as easy it sounds though.
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It is quite obvious that Bitcoin is a coin that single handedly rules the cryptocurrency market which is why it will always be popular and will continue rising in popularity over time which will help it rise in value over the long term which is why I always consider it a safe investment. Invest only what you are willing to lose though. Altcoins are also great investments, but are far more riskier investments when compared to Bitcoin which is a high risk high reward scenario.
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There are so many potential winners out there, but no can accurately say for sure whether particular ICO will be successful or not in the future. You need to do your own research by checking various factors like campaign manager, development team experience, soft cap along with hard cap, number of participants etc which will help you choose legit campaigns and avoid the scams.
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I think every altcoin, BTC or ICO has an advantage, only its value that different, and in my opinion, investment in altcoin has a greater result. but if its altcoin has good growth. besides that altcoin price is relatively very cheap.
here an investor should be able to choose a good investment place, you must go to market and analysis all aspects that could affect the value of bitcoin.
I do not agree with you. Every altcoin does not have an advantage since there are a big portion of them which have been primarily designed to rip off investors and scam them. Only the altcoins which are constantly being developed and which have huge communities will attract more and more investors which will help them survive no matter what. Coming to the question posted by op, investment in Bitcoin is far safer when compared to investing in altcoins. |
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Yes. I see this particular question asked around on a regular basis and my answer is always 'Yes' since I am a firm believer that Bitcoin and the cryptocurrency market on the whole are here to stay and will not replace FIAT, but will serve as alternate payment methods in our daily lives. The shitcoins will disappear for sure, but the legit cryptocurrencies will survive no matter what although their values will fluctuate a lot.
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