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I suppode that people often call it a bubble because they don't know how and what is life in dealing cryptocurrency. It may sound as bubble because of unseen currency as what they have said. Some people are visually attracted rather than mentally attached on something. So if there is a problem, technically it will be somehow be a bubble because only internet is the source of information we can get money from crypto and that is so one of a kind way to earn money.
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It seems to me that if there is just a good news that the market constantly arrives, the market will recover faster than two years as you said. Perhaps in the end of this year or next year we will again see the same high price for Bitcoin, as we experienced from history bitcoin price can jump very fast.
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I have known that there are some factors that encouraged me, includes project, team and the reward I receive. Encouragement could come from team understanding and without a solid team, there's nothing. The reward I receive is the probability of doubling my worth investment, just like how Bitcoin does it to others who invested to the coin in early days.
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I think you gonna invest in crypto currency and ICOs or not is your decision, because its your money in the stakes not mine. For me, they are very profitable but of course it is too risky. I need to know about this ICO that following ICO profile, team, vision, and product. You can read whitepaper that include how about this ICO. Hype score is important too.
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Yes, it is absolutely hard to find out which ICO is good, even when you have fully knowledge about it. If you do not know anything about the way to analysis them, I think you should learn them on social media. There are many people who can guide you in analyzing a potential ICO project.
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I must say that it is not an easy job because you still need to make decision. You have to first, browse bounties and check its background. Then, try to read rules to follow and think if it best suit your preferred work. You may also check the roadmap, how it is being presented in a reliable way as possible.
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I recommend you should start by learning more about the Bitcoin and other cryptocurrencies, about when the best time to buy the coins and how much you should invest better. It is also better to think about investing not only in Bitcoin but also other trusted altcoin. If you bought Bitcoin, you should hold for long term because the risk of day trading is too high for beginner.
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I think both of them are good for this year, but your choice depends on your investment objectives and risk tolerance. In my opinion, ETH and Bitcoin are in the same mode that this is one of the good choice because we are able to see that this two are in a safe place to invest.
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I am still holding my coin that I have researched about it. Then, I will surely find a good timing to buy and that is when the market is red and unfortunately I am out of funds now but I already invested in one of the top ten altcoins on the marketcap and I believe I will be having a good harvest from it.
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My plan for this year is to buy all my coins back that I sold while the last bullrun. I also try get altcoins from bounty and hold my altcoins because I think that this bloodbath will eventually end at second quarter of this year, maybe in coming June.
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I think you should do all safe things to prevent your coin from harm. Like using strong altcoin wallet to receive your coins and also add a strong password that nobody can decrypt so that no hacker can decode, using a good antivirus software to protect your computer against malware and virus that are designed to steal your crypto currencies, so on. There are many scammers and hackers around now so it is important to be extra careful when trading.
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My most regret thing that I had done in this market is sold all my crypto holdings for a couple of hundred of dollars too early, just when I have an amount of profit, and now, they currently worth millions of dollars. I see that the most things on common on here is that we both miss to engage to things that we know that it can enrich us.
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I agree, it even makes me uncomfortable, some participants try to use someone else account to cheat. Thus, it is really important to have restrictions on the number of participants and strict requirements for accounts, so that bounty hunters could receive a generous reward because bounty program now is a very popular for any kind of business promoting.
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Certainly there are many interesting coins which can be competitors of ETH. For me, I think the possible competitor of ETH is NEO. They both offer decentralized network and platform for smart contracts that can be activated with using any third party. Thus, it seems to me that the strongest competitor is NEO, but it just my idea.
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