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In any market there is always a drought season. Prices are falling and it feels like there is no chance of going up. In cryptocurrency this means, that there is no sense of security. This is a dramatic downfall for the crypto market.
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It is a little bit challenging for the altcoins to survive at this moment that the market is down. Bitcoin's price is keep falling and there's already panic. It seems there has been no signs of going upward. Still all hopes for the price to goes up by the end of the year.
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It is good to know that there are still good ICOs which are real and reliable. It is good to do extensive research before engaging in an ICO so that you'll be satisfied for all the efforts that you have done.
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The thought of being scammed and the risk are the factors that keeping some people getting involved into cryptocurrency. It is risky for them since the market is highly volatile which could result to a loss. Also, ICO's are a bit scary because a lot of them are scams.
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This a great news for the crypto world, a big telephone company like Samsung is accepting bitcoin as a form of payment. In this situation, a lot more people would get to know more bitcoin.
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It is hard to predict at this moment but we could always speculate that cryptocurrency will become a huge investing machine in the next years to come. There are already countries who are regulating the cryptocurrency but there are also banning the said technology. Nevertheless, cryptocurrency is becoming appealing and I see a good future ahead.
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Yes, you can if you just have to be patient on the market's trend now. As of the moment that the market is falling, it is good to buy coins because it is a lot more cheaper and hold it till the market will rise again. Its the strategy that will make you prosper and have the chance to become wealthy in the cryptocurrency.
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I can say that the world is not yet ready for the cryptocurrency market, there are even countries banning the use bitcoin and alt coins. The people may love to welcome the world of cryptocurrency but I don't the facilities are well enough for the whole world. A lot of adjustment to be made. For whole world to be ready, it takes more years.
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Cryptocurrency is created to make the transaction on the internet faster and reliable. By eliminating the third party, each transaction becomes faster and convenient. Powered by blockchain cryptocurrency will become a hit.
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In my own point of view, I still choose to continue finding the good and active ICO. The market maybe low in the moment but I still believe that there still worthy and could give you a good profit. You just have to choose carefully and smartly.
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When the price is down patiently you'll have to wait for the price to bounce back again and sell the coins. As an investor you want to earn a bigger profit thats why its better to wait than to sell.
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Definitely cryptocurrency is for people who can take the risks and does not afraid in any risk he/she decides. As an investors it is expected that not everyday is raining of a lot of opportunities. Theres gloomy day and as an investor, you should know what to decide and what risk to take.
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For the bounty hunters especially the newbies you have to consider the:
1.) The project is legal.
2.) Known and trusted bounty manager
3.) Read the whitepaper and know whether the project is in demand.
4.) Check their social media and Telegram group.
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I still have patience in waiting my tokens from my first bounty campaign. Its been awhile that the bounty has finished and hoping the tokens will be distributed In my wallet. Another patience for the trading of tokens whether to hold or sell. This the world of cyptocurrency a lot of patience is needed.
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It is just the start of August and the bitcoin is falling back again, but no one is certain what will be the bitcoin's value as the end of August approach. Lets just hope bitcoin will gain more value as we approach September.
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