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Its really frustrating and surprising at the state of the crypto market as at now. We were all expecting a turn around in the crypto market by now but seems this is not going to happen this year since the year is almost ending. I think the current state of the market will continue to a time when it has made sure it has achieve all that it had wanted to achieve. Right now, we just have to exercise patient and hold on tight unto the various altcoins in our possession. Selling now is not the best.
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Well, I will always recommend btc over altcoins. I am saying this because of the current value of btc in the crypto market. Undisputably, most altcoins are down and securing more might be a better choice but securing btc now is the best in terms of comparing values. BTC is always up there in the market but the altcoin might fail you in the end simply because most altcoins are not doing well in the current crypto market. Some end up fading off at a point in time.
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Choosing the best project can very difficult in this moment because of the cirrent state of crypto. This is so because, most projects end up being scam. Choosing the best bounty project comes with doing an intensive research about which ever project you think looks promising. Again, you can also choose from good bounty managers who always run legit projects.
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Ether decreasing in value I think has to do with lot of people channeling their funds into traditional exchange platforms at the expense of cryptocurrency exchange platform. I think this is why we see a bearish cryptocurrency market for quite some time now. In an instance where enough funds get to circulate in the cryptocurrency exchange platform, I am sure ethereum will pick up its value again.
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Obviiusly, the only plan in my head right now for my altcoins is holding till market revives. Aside this, I also plan trying to accumulate more altcouns and wait for a favourable market in other to make bumper sales.
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No offense, but I think holding coins at this bear market doesn't any sense. Why is everyone becoming the crypto holder? From the Legendary to a newbie, most of the people suggest to hold, But why? Yes, I know holding coin may give a bug rewards in future because I was a holder too. I had 15K USD, and my all of USD becomes less than 4K USD in front of my eyes. I just keep checking my wallet and every time my feelings were the same " sucks". Are you holding to be a millionaire like some people who bought bitcoin at 5 USD or less price and sold in more than 10K USD?
I did not hold for lose my capital. Did you? Then why you still holding and losing your money. Please kindly learn to trade. By trading your coins, in this bear market, you can make a lot of money within a few days to months.
I sold my all coins in the last month when bitcoin huts 8400 USD, and then I keep continue trading. In this one month, I made more than 2200 USD Profits. Now I had all of past holding coins with extra 2200 USD Profit.
If you can't trade or if you totally newbie here, then you may keep holding. But at least I suggest learning how to trade. This is my personal opinion. You may follow it or not. Best of luck.
Thank You.
Well, it might not make sense to you holding a coin but I think what one decides to do with his or her coins is just a matter of choice. Maybe your coin might be doing well in the current market situation so you can sell. Others too, their coins are really struggling so I think it is best for them to hild that is why they are holding. Logically, looking at how most of the couns are faring in this market, It is very wise to hold rather than sell. |
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This year is indeed not a crypto year. A lot of predictions has surpassed yet still nothing like bull run has happened. Right now, the year is almost ending and bull run has not happen. I doubt if it will happen this year. Next year is the likely year for the bull run to happen.
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What shows that newbies are the only people selling cheap? The issue is everything is down in crypto and some people are able to accumulate more tokens that, they end up selling at cheaper prices. The blame should apportioned to only newbies as everybody is capable of selling at cheap prices. This calls for being careful and hope for the better
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These days, it is very difficult for most tokens to sell at ICO price. You realize that most project after listing their their tokens, the price is far far below the ico price. This might make it an ideal time to buy but what if the project fails. It pays to research into laudable projects before buying some of their coins.
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Low market has not only cause icos to be cheaper, it has led to most ico being dead whiles others end up being scam. With the current situation of mosy icos, I think it will be very difficult for me to invest in any. I will only participate in bounties to gather more coins so that when the market revives, I can sell.
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Well I have no idea as to why ethereum is currently behaving as such but I have got to a point where nothing seems to surprise me any longer pertaining to ethereum prices. I think I have become used to ethereum prices now but I hope with time, everything will be fine.
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If what is happening is really a correction, then I think it has over corrected. This correction is so severe that, I can predict that some people including myself are psychologically lacerated. I hope this correction ends soon for the market to peak up.
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Infact thus year has been a bad year to bitcoin and cryptocurrency. Very bad that, most coins are not worth selling. You work hard to earn something and in the end you earn something less. I think all we need is patience and it is high time we also protect crypto.
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Its quite unfortunate all the money that entered into crypto have been channelled else where making the crypto market to be struggling. I think it is high time we wait and hope that tones of money get back into the crypto market so that we can enjoy the fruit of our labor.
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Per the bounties I have participated and the tokens I have earned so far, I realized that tokens are not able to trade at their default prices. Tokens are traded below ico prices. I am talking from what i have experienced so far this year. Maybe some tokens are trading well once listed but in my opinion, this time is not that worthy enough for bounties. I think it is still good to participate in more bounties and accumulate more tokens so that when the bull run happens anytime, your hard earned tokens becomes much profitable. It is just a matter of time. Things will surely turn around.
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What I have noticed about Apple is that, they always try as much as possible to be unique in every way. Apple accepting bitcoin I think will be a difficult thing for them since they want to take absolute control over all their stuffs. Apple accepting bitcoin means they are go by the rules of the game and endure and this is not Apple's thing. Apple wants to rule their own economy. I don't see Apple accepting bitcoin but who knows. They might accept it one day.
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Sometimes some of the news affect some individuals by altering their blood pressure values. They begin to think about how bitcoin prices are going to revive pertaiaining to circulating informations. Some people get frustrated and burn out then they end up in panic sales. This actually goes a long way to affect prices of bitcoin since people are buying at cheaper prices.
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