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Most of the prices of altcoins are very low now, some of them are even below their ICO price so i think now is a good opportunity to enter the market. Just do your home work, look for coins with serious team, niche and good road mad and invest in. NOTE: NOT A FINANCIAL ADVICE
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I joined this forum for over 6+ months now and i have been participating in discussions and assisting people answer questions but yet, i havent gotten any merit.
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A lot of people keep saying that bitcoin has no use but over 30% of online store currently accept bitcoin as a means of payment. People have started accepting and also using it to process transactions so i dont think bitcoin can ever disappear.
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if safety is the only thing you are interested in, then i suggest you keep the money in the bank but if you are looking to make some profit, then get some bitcoin or any coin you believe in
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I think you should keep your money for now and stay away from trading until the market gets stable. While waiting for the market to be stable, you can go to youtube and watch some trading videos for beginners or take a trading course online.
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I think 95% is too much. I would have agreed with you if you had said 60% or 65% wont survive. I believe only those coins with no use case will fade away after some period.
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Ethereum is a very good project, so many project are built on it and I believe there is a big room for success and growth for ethereum
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I got into crypto because of the testimonies people were sharing online. I was still in school at the time and looking for source of income. I decided to join to see if it could change my state
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My favorite coin for now is WANCHAIN (WAN) and ICON (ICX). I have been following the both coins since after their ICOs and i can bet anything on them
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Where am from, majority of the people still don't know the different between bitcoin and blockchain. And some other people think bitcoin is something you buy today and get rich tomorrow.
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Most time, it is profitable to hold a coin for a long time but not shit coins. If you want to hold a coin for a long time, you will need to do your home work by looking for coin with a very serious team, project and well detailed road map.
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For me, I mostly sell altcoins after a good news has been announced for example partnership, exchange listing, product branding, product release e.t.c. Most times when there is an announcement of this kind, the price of the alt tend to increase and thats when i sell.
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I think it can break the $8000 margin if it continues with this current trend. I agree with you
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I dont totally believe in their rating. I just use them as a guide when i want to search for an ico to invest in.They help filter out some of the scam icos and low quality icos so i dont have to bother my self too much. They make work easier
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