If I have invested in the coin the first place means that I have analyzed every part of the coin so this is just a correction phase in the value of the asset, so not in this case I will not sell the asset but hold onto it as the price will increase in the future
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Altcoin future is completely dependant on this prince of the bitcoin if the bitcoin market dominance increases then that means that it will be the end of the altcoin market, it will not go to zero but will no longer be a competitor
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Well this all is reliant upon whether you have the financial assets to risk, although the ICO requests lest investment from you, it has a minimum requirement and it has more risk but the risk I altcoins is quite low and it is stable
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The one factor that you can judge the coin is on the basis of the technology of the coin and the current market position, for example, the concept and technology of iota is great but the market is not prepared for it as of now
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5 ethereum means you have a total asset valuation of 2500 USD, that is an extremely less investment for you to buy an entire ICO but yes if you buy coins which are valued in cents the increase in profit percentage will be great
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The bitcoin may not be able to replaced and this may only be possible if there is a coin on the market which introduces something that bitcoin cannot do, I think that this would be iota since the internet of the technology industry is the future of consumer electronics
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This is a great debate among the investors and it goes down the your belief of what you believe that the future of the world financial will be centralized or decentralized, if it is centralized you will support bitcoins other side ripple
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Neo has been on the market for many ear san has been consistent with its rank in the top 50 coins in the market, Also tit it ha a great market capitalization which is not volatile in the long term, the transaction blome is also consistent
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I would widely prefer the redd coin even though I think of it as a long-term investment because it is about integrating cryptocurrency to social networking sites which it happened will be the ultimate investment
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The best thing about Ethereum which has made it relevant even with the great threat of bitcoin lying just above it is the thin o its Blockchain network, here the coin not only has the ability to support itself but also other altcoins in the market
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One of the main reason ICO fail is that they are scams, the way to identify this is that they ask for too much money than what is actually required and then give a huge sum of the money to the company management and advisors
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The altcoins to invest in today's world would not be the one with the great market cap or which are hot in the market right now but which are consistent in their value of trading value per day
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The day trading is only for those who have experience on the market operates since there is a lot of risks, only people who understand the volatility can succeed in such a trade however if you are good at analyzing the company and the tech then holding and long-term investment is for you
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It is important that you recognize the patterns of the market when you see this trend, there is a term I the cryptocurrency market which we call the eave analysis this reason that when you have three upticks for any cryptocurrency it is the best time to sell the coin and no be greedy before you lose in OT
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The volatility in the price of bitcoin is still consistent point when stability overtakes this volatility and the price of bitcoin reaches 3900 over the cards of 3 days or 2 days that is the best time for you to put your bets again from the altcoin back to the bitcoins
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The bitcoin is actually an alternative to all the altcoins produced this means that as the altcoin price increases bitcoin will decrease so according to this logic if you see the bitcoin price increasing it is time for you to let go of our altcoins no matter how large they are
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The fiat currency has never failed Howard it just an evolution from the phase of the global economy know when you look at the phase of the fair it is just an evolution from the barter trade system and this is just a symbolism of the fact that democratic form of currency always prevails in this system
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The bitcoin state is one which is decentralized whereas when you look at the state and the system for banks, the whole system is on the philosophy of centralization where all of the banks is controlled by a central bank's which decides the supply and the price of the currency
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A popular option is that the policies of governments around the world are the main factor to decide the bitcoin price but as the bitcoin is being produced at an exponential rate the deciding factor is slowly shifting from demand side of the picture to the supply side of bitcoin
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Many people think that the only way you can, make money in the cryptocurrency market is if you have invested in the coins like bitcoin ripple or ethereum and many don't even think that this a is a good strategy however if you are thinking about altcoins the best coins would be electroneum , it has an amazing profit ratio ,
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