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You'll either learn to keep calm and make educated guesses or you'll keep losing your money. Read around, talk to people, learn what's driving the price down, and then decide whether its best to hodl, or to sell now, and buy later on the presumption that the price will tank more.
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It's all fun and games until a robber notices you using it, then you will be known as "stumpy".
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because it takes little to no effort to come up with an ERC20 tokens, and there is a lot of dumb money to scam off of the market.
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I didn't think I could sink this low, but It's time to make a fake FB account and earn some ETH.
Market is tanking, tough times guys, don't judge.
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Quality shill post. but no thanks, I'd rather go with Ethereum, which was proven to work, and already have a ton of Dapps built on top of it.
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1- Easiest way to tell is the team: If the team members are respectable veterans in the space, then you can bet the project will fly even if for a short period of time after the ICO
2- Project itself: Most projects out there are vaporware. Read the whitepaper: First of all, you need to understand how blockchain works, then looking at the whitepaper see if the project idea would benefit from the blockchain technology, or if it is a new blockchain project, try to find out what will set them apart from other blockchain technology that already exist and are working great already
3- Best to invest in fields you understand. You're less likely to get scammed reading a whitepaper of a project in your field of expertise. Some of them can be technical, and you understanding the technical aspect of it, you will be able to tell if it is legit, or just a pile of fancy BS.
Good luck, and try not to get scammed!
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6k is minimum for bitcoin as mining is not worth it if the price will go lower than 6k usd. So there is no chance to go down to 3k. Mining is quite important in bitcoin price.
Mining cost doesn't dictate the price. Below 6k, mining becomes less profitable than buying BTC since the mining cost was estimated to be around 5300$, but that doesn't mean it can't go below that level. It just means that if we go below 6k, BTC mining will no longer be profitable at the current hashrate, and miners will move on to something else, or just stop mining crypto all together.
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alot of coins will get 5x as many haven't even recovered since 2017 , we just need to get through this stage of bad news and we'll see some profits
You can't possibly know that. For all we know, the market could keep tanking, and for good reasons. A lot of shiitcoins need to be weeded out, so the capital will flow back into the good ones. To me 1500+ new start ups popping up in less than 2 years doesn't sound healthy. As I see it, people realized how much easy money they can make off of ERC20 tokens particularly, and started coming up with whatever ideas sound "promising" and/or "revolutionary" to take money from the inexperienced investors who fill up this space.
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I only use MetaMask. Pretty convenient, and never had a problem so far.
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I came here to point out the same thing. I'm pretty new around here, and even I noticed how wrong it felt browsing different sections of the forum.
I first joined thinking, hey this is a veterans forum so maybe It'll have plenty of constructive discussions and what not, but to my surprise it is mostly spam, and I suppose it's that way so people can climb up the ranks fast and start earning from bounties?
Eitherway, this doesn't promote a healthy environment for veterans or new comers.
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That's the whole point of BTC. If you keep off exchanges that require KYC idenification, there is no way to know which wallet belongs to whom, so goverments cannot track and punish you even if they ban BTC.
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People will soon realize that most ICOs out there are scams, especially ERC20 tokens.
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15k in two days without investing? Where did you get that number from?
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For once, I'm glad shiitcoins are getting the worst of it. We should really shake the bad ones off. Right now, scam coins and ICOs are rampant, and those who invest in them with no due diligence deserve what's coming to them.
Other than that, BTC had a huge upward surge in late December, so it's normal the smart money will want to take profit, and seeing how easily the market can be manipulated, they'll get their coins back for cheaper, rinse and repeat.
All in all, this is just normal market cycles, It's amplified but still normal.
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#JOINED # 127 Telegram: @gabdel1 BT: gabdel1 e-mail: abdeltwg@gmail.comETH: 0xd9C83b5815e0677dEB0266B327007fbAA1cbcFC8
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Lol, someone who holds a lot of BTC wants to cash out his holdings. Let's delete them.
Do yourself a favour, remove this narcissist topic and go learn how markets work instead of pointing fingers at the wrong people.
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I honestly only been playing with a small investment, and the rest of my portfolio came from airdrops. I have bought a bunch of coins near ATH since I joined in late december, During the time I only made one significant successful trade which was going all in in NANO when the bitgrail FUD hit, and ended up making +50% while the rest of the market was tanking. Other than that my biggest holding was SUB which lost 50% of its value, and my second one which is ADA went down by 40%, I decided to sell SUB and go all in on ADA, which I now store on a wallet to avoid panic sell and FOMO urges on the exchange.
Moral of the story, day trading is not as easy as it looks like. So if you want to make money, your best best is to just put your money in a project you believe in, and treat it as a long term investment.
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When you see the price falling, you can always sell for a chance to buy back in lower, but to be successful you need nerves of steel and good market knowledge, because there is always the chance of the price pumping right after a sell off.
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If by explode you mean "die", then 90% of them. If you are too eager to make fast money, learn about day trading, otherwise, just invest in solid projects you believe in and ride it til the end.
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For me personally, I'm all in on ADA, but I doubt it'll get that high by December 2018, but for the long term, it's the most promising project out there. If ADA didn't exist, I'd have kept a close eye on NEO, ICX, and EOS.
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