What if the same COSS dumped below the price you sold it? There shouldn't be regret in trading. Once you stand on your decision to sell or buy the best is to accept everything that comes after it. Sorry for the loss. Better time is coming.
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One of the causes of ETH losing so much value to be accounted to the 2017 ICOs, over 170k ETH were dumped by ICO anchors on ETH market because most of the project that conducts ICO uses ETH platform. The cancer of digital currency is however not only ICOs but also the governments trying hard to FUD the whole system.
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In some ways it may be a poor means of exchange for the terrorist but also they can easily move money with crypto without having to use their bank or getting implicated in any way.
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In the context recession can vary, it only depends on which type we are talking about. If it is in terms of currency such as most replies inclined then saving money in Bitcoin later in future will save from that upcoming recession but if it is general economic recession then more is needed than just saving in BTC or any crypto it's totally affecting all economy.
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GenX coins price has been dipping slightly the last few days. Great opportunity for me to load up my little bag of GenX. Will put in my Buy orders soon This is the best time if one is planning to fill the bag so as to get prepared for staking and mining.
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I will still stick to the crypto market now than stock the to the following two reasons; first cryptocurrency and blockchain of a thing is a new technology that have future space in today's world and as well the volatility is enough to give good profit for an investor that invest wisely unlike on the other hand that stock is a long the investment that takes time before it yields.
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I don't think any anybody will buy the wallet because of trust issue, what if you have the private key backed up, you can still access it anytime after giving the address and the private key out. Or isn't that so?
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Is Wright really the Satoshi we've been looking for? I guess no. Even though I never liked BCH especially when it's one of the reasons behind the present BTC market downfall as regard to the recent BCH hardfork but 51% attack on BCH seems deserving kind of ..
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Volatility is inevitable at this early stage of BTC, it will only become stable after the price has soar to the extent that new money is not entering the BTC market anymore and either ways no dumping too. If BTC is to be considered a currency, then it must be stable but as an asset it doesn't need to be stable.
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I was a victim of number 6 point in several times, I invested in ICOs that later closed up or never yield anything afterwards. I'm addition, greediness has affected many people in crypto, they wait too long to book profit and in the long run they later lose all in the process.
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One of the best approaches to minimize loss in investment is diversifying portfolio. If I am to invest the $1.5k I will not invest all on a coin, 40% on BTC because it is low volatile, 20% each on other 3 coins with utility and cheap price. This other 3 coins can be from personal research with all in aim of minimizing loss.
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Most of my friends still regards cryptocurrency as a sort of ponzi scheme, I assume most of your friends too (@OP) have similar opinion of cryptocurrency. It is better not to stop explaining to them as time will come when they will value what they've heard of cryptocurrency.
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It is a recommended act to always check the site link very well before clicking on them, I know someone that have made such mistake and unfortunately all the valuable asset owned in the person wallet was transferred out. Especially MEW pishing link that request for private key before one can open it. The best way is just to check very well before opening any site.
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I think what makes exchanges gets volume is the reliability. Most traders prefers an exchange that is user friendly, faster trade engine, secured(not prone to hackers) and most especially bounty programs. And more so talking of binance they have enough capital to organize bounty that will attract the traders and more so, they don't do shit coins.
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Just as binance said on the twitter page BTC price been stable makes market too boring and volatility will keep it alive... To relate that BTC falling is not totally bad after the long stability of more than a month, I am sure it is going to bounce back to the previous $6400.
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I think much is still expected on the price of BTC, around this time last year a famous figure predicted $500,000 before 2018 ends but due to many factors the prediction may not work out but I still believe that there will be appreciable price uptrend in 2019.
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The list on the OP is awesome but I still believe we have not seen anything much in this blockchain evolving era in 5 to 10 years time major economic sectors should be running on blockchain. Recently I read a coin telegraph article on using blockchain to solve logistic shipping, many more of these implementation will soon come to Blockchain. The future is so bright.
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I doubt if BTC was made by the CIA but there are some atom of truth that BTC can be a hand work of a professional body like secret service agents. If truly BTC is made by the CIA we should be seeing proofs of that already.
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This same topic 'BTC as a currency or an asset' will keep surfacing every year until the governments takes final decision on it. But to say the fact, BTC lacks some basic property of what a currency should have and also if BTC should price up to $1B, this means 1sats is gonna be like $1 which may not be practical for products less than $1. I think BTC is better off as an assets rather than a currency.
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Petro is a country cryptocurrency that will be used by millions of people very soon some other countries like UAE, South Korea that are deeply exploring Blockchain will join Venezuela in this course. I am very optimistic that in 4/5 years to come as the topic implies it should be adopted by billions of not only crypto enthusiasts but the public.
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