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There are so many ICOs, precisely because too much ICO has caused an explosive fall in ETH in this market.
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I will not choose to sell my tokens when the market falls, because such prices are really not worth selling them. I like to sell the tokens at hand in the bull market and replace them with BTC, ETH, and CASH.
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Although the whole market is red, I'm very much afraid of holding ETH now. In my opinion, ETH was fluctuated to its ATH when people were more interested investing in ICO. Nowadays ICO is almost dead. That is why it has less demand. I don't think it will get another ATH soon.
What's your thoughts on it? Should I hold now?
For ETH, many people still want to believe it. After all, it creates a myth that still has a solid foundation. It is the most commonly used coin in cryptocurrency. This is because the explosive growth of ICO has led to a sharp increase in its use, But everyone is used to using it. |
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Previous year also we faced a good bull run with out ETF. ETF not related to bull run. but panic people there so if ETF rejects by the sec or postponed they sell their portfolio for even loss.
So i believe normal market circle and bull run can be expected in next months.
what about your opinions ?
The ETF could have been unrelated to the bull market. If no one has mentioned it from beginning to end, perhaps this year can continue the enthusiasm of last year. But when it was revealed, everyone looked forward to it. The greater the expectation, the greater the disappointment. |
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Currently on the coinmarketcap site only about 1590 projects compared to at times more than 1700 projects. They have left many projects without developers or scam projects. I personally invested in some of these projects and lost a lot of money like bitconect and centra. Do you trust the projects you are investing in and will keep them for a long time until they succeed or are they just looking for profit in the short term?
Not all projects are fraudulent, and fraudulent projects started in 2017. Before this, the environment of the entire market was still relatively good. However, I believe that there will be new solutions after this year. |
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I see that BTC and ETH are two coins which had the highest capitalization on Coinmarketcap.
But I don't know why Bitcoin is still up and ETH always keeps current price.
Why was that happening? And in this time, should I invest to Bitcoin or Ethereum?
Thank you!
At any time in recent years, I feel that BTC is worth investing because after a few years I believe that the price of BTC will remain above 6 digits. At that time, when we wanted to buy BTC but we could not afford it. |
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ETH already has a lot of competitive opponents, so I don't think they care a lot. The gap between ADA and ETH is still very far. It is good to have confidence, but it is too early to say that destroying ETH.
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I think that in 2019 ICO will be still alive, ICO investors will be smarter and only join good ICO. No more lands for bad and scam ICO. 2018 is not a good year for investors because most of token dumped below ICO price. Do you think 2019 is a good year for ICO and all tokens pump after ICO like it was in 2017?
ICO will definitely continue to exist, and this is for sure. ICO is actually a good way to finance. If applied properly, it will benefit the entire world. It can promote the development and progress of the whole person, and those who are really willing to do things can get the start-up funds very quickly, but ICO really needs a strict supervision. |
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This should not be said to be a failure. It can only be said that it has suffered some shocks. The role of ETH is not just for publishing ICO. I believe that there will be more things to announce in Ethereum in the future.
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I'm just hodling since the January drop. Stupid me I didn't sell enough of my coins that time. Just wondering what are you guys doing. Still holding or you pulled out your investments in the mean time?
No one in this bear market knows how long it will last. The worst plan is to continue to bear the bear for half a year. This is not impossible. The current price is so low. I think we can't escape this year. Even if we really come to the bull market in the next two months, we are still losing money. |
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I here and see that a lot of people are selling their altcoins for this reason or for that reason. In some cases I here that people are even spending their altcoins to buy Bitcoin. Now that one really has me confused. To me it's way to early to be selling your altcoins. It's like selling an original painting before it even gains in value or while it is still gaining in value. What smart investor does that unless they are selling out of fear or because they are desperate. For me I am holding all of my coins for now because it is way to early to even think about selling your altcoins; what say you?
So tell me, why are you selling your altscoins so soon?
I think the most important reason is that because of the ICO scam, many people are cheated by investing in ICO, so everyone is very cautious, as long as there is a little profit, they are eager to sell arbitrage. These fraudsters almost destroyed the ICO. |
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Everyone thinks that the current ETH is worth buying, but unfortunately many people don't have the extra money to buy. My hodl coin is the most is ETH. This time I suffered a lot of losses. I can't wait for me now.
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I don't think Byteball is a shitcoin, and I don't think Byteball will fly to the moon. It's just a very common altcoin. It doesn't have any special technical ideas, and its local wallet is not easy to use. the synchronization process is very slow.
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Bloodbath again! We are currently in the hell of the market, watching the altcoins in our hands slipping into the abyss, which is very frightening, but we should insist that we will still win if you are optimistic about the future of cryptocurrency.
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The shocking decline, I did not expect this falling to be so fierce, maybe many people and I are looking forward to the bull market at the end of the year, but the current market is really fighting people's confidence.
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The recent market proves that the price of Ethereum is very unstable, its volatility is far greater than Bitcoin, Ripple and other mainstream altcoins, so Ethereum is not suitable for market rank 2, I think BCH or ripple Will soon replace the status of Ethereum.
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It is normal for the bounty to fall. In this bear market, when the market is in a bear market, any ICO financing will become very difficult, and in the bull market they can easily achieve softcap, but now there are very few projects can achieve softcap, the bounty as part of the ICO must also be affected. So please don't give up, wait for the arrival of the bull market, the bounty will follow the bull market recovery.
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Because this year, most ICOs can't complete softcap in their sales stage, which was easy to do last year. So now most of the bounty has to follow the progress of ICO.
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This is currently not blocked. Unless ICO is effectively regulated. ICO can increase government tax revenue. This is the best of both worlds.
Regulating ICO is difficult because the funds raised by ICO are all cryptocurrencies. Unless the government first recognizes the legal status of cryptocurrencies, why should they supervise something they don't recognize? |
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I didn't dare to invest in ICO. I didn't have to join the cryptocurrency for a long time. I have to tell my friends that ICO is worth investing, but the risk is great, novices should not participate.
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