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#Proof of Authentication
Bitcointalk username: Pauloma8672
Campaign participated: Facebook
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If you are monitoring ETH from coin portfolio you will see its price is flunctuating everyday; it goes up in price now and go down in price a little hit layer but its starting to show a new sign of growth and I believe its only being hindered by the market which is down generally . once the market survives, ethereum price will moon again and it can reach $1,500 later this year.
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Bitcoin is known as the first digital currency and that is why it is the father of all crypto currencies. So bitcoin has all other coins being developed to achieve the goal of bitcoin and that is why it has influence on all other coins in so many aspects, especially in term if price control. So do not compare ETH to bitcoin because ETH is still under development, it is still under growth looking up to become successful in the crypto market one day like bitcoin. If you check the value of both coins you will see it is a very huge difference of bitcoin $7,000 and ETH just $295. So do not compare bitcoin to ETH because bitcoin is the best crypto coin.
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As far as investing in crypto currencies is concern, if you want to make fortune from investing in crypto currencies; the best thing you can do is to buy top good coins and hold them on a long time investment because the more you hold some coins, the higher they increase in price and that will be a huge profit for you if you sell the coins after the long time of holding it.
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I know the reason why you thinking ETH will reach bitcoin price this year us just because of its recent growth and popularity among ICOs but that should not mean you should conclude like that. ETH can never reach bitcoin bitcoin price this year. If you look at ETH presently you will see it is very low compared to bitcoin and eventually when the market survives again, ETH price can not grow more than $1,500 of which bitcoin can still reach $30,000 this year. So ETH does not have what it takes to reach bitcoin price this year but it can reach it make later in the far future.
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The future of crypto is good and it is very bright. Do not look at the decline state of the market now to judge the future of crypto because the decline in the crypto market now is just for a limited time before it stops and the coins will start growing again. So you can invest your savings in some top altcoins but I will advice you not to put all your savings on crypto, just use part of it to invest in crypto and wait for the future because crypto will surely bring fortune to all its investors soon.
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Joined Telegram KYC status: verified and complete Telegram spreadsheet number: 2677 Email address: ajanioluwasegunisaac@gmail.comETH Address: 0xDB5C01b9fD639136262bCC471E93Ea943AEA44B1 |
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Yes I will wait, I see no reason why I have to panic and sell my investments on a cheap price just because the market is going down everyday. This is not the first time coins prices have been falling this year and of which they rised again. So the fall in coins prices now is just temporarily, the market will soon survive and the coins prices will moon again.
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I think the best and most save coin for you to buy and invest in with $2000 is ETH or BTC. These two coins are the main crypto currencies of which bitcoin is the father of all currencies while ETH is like the mother because it is the second best crypto coin after BTC. So I think you should buy and invest in ETH or BTC because these two coins has a greater future and their price will moon very high if you can hold them on a long term investment.
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It is understanding that the crypto market is in a decline and bearish state thus causing the price of coins to fall everyday but that should not weigh you down and think of quitting crypto. Crypto is the future and very soon the crypto market will come out of its bearish state and survives. When it survives the price of coins will get back to their normal price and even x2. So do not quit now because the future of crypto is brighter.
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Ethereum is not a shitcoin and it can never go down as $100. The last its price can fall reach is $200; Ethereum is a widely used coin among ICOs because of the smart bade contract functionality it offers and it is widely invested in because it has a very great future with the tendency to displace bitcoin in the near future. So because the price of ethereum is going down everyday does not mean you should be calling it a shit coin. The fall in ethereum price is just down to decline in crypto market and once the market survives again, ETH will increase in price back again.
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I do not think any investor should have any reason to panic or feel depressed. The market that is generally down is the sole cause of decline in coins prices. So do not panic just hope for the best soon that the market will survive soon and price of coins will soon begin increase. It is understanding that some investors has lose a lot of money thorough this market decline state period but do not panic, do not be depressed and do not sell the coins with you; hold unto it because very soon the market will surely survive and the coins will moon in price once again.
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Although it can be suggested that ETH might be on its way down to as low as $50 soon but ETH is still around $298 now. So I don't think ETH can go down as low as $50 in the market. It cannot even go low as $200 not to Eben talk of $50. So I din not agree with your opinion because I believe the price of ethereum will begin to increase again as from September because the cryptoarker will surely survive by September.
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I do not agree with you that ethereum is dying. I understand that you looking it from the perspective that its price is down but that doesn't mean. Ethereum price being on a very cheap rate is just down to general going down of the crypto market everyday. So I believe before the year runs out, the market will survive again and the price of ethereum will surely come back to normal higher and even more than $1,500
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If you look at the market now you will see it is going down heavily each day but do not be scared. It is just for a while, very soon the market will survive and coins prices will start increasing again. So do not panic, all you have to do now is to just buy more and invest more because very soon market will survive and it will be a huge profit for you eventually.
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Long time hold is the vest thing you can do to your coin if you are to make a fortune from crypto investment. Long time holding of coins requires a lot of patience and if you van have enough patience no matter the years of holding. It will be a huge profit for you when you sell the coin eventually later because with the period you have hold the coins, their price would have gone up to higher. They would have increased hugely in price and that will be a huge gain for you if you hold on to it for a long time and sell it later.
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Yes I agree with you on that, ethereum is the best crypto coin after bitcoin. Its popularity has grown recently due to the smart contract base functionality that it possess which is being used by all ICOs as their payment blockchain and that has really been the huge boost behind its success.Due to its high demand and usage, it has helped it in giving a stiff competition to bitcoin and that why it could retain the second best coin. So ethereum is a coin with a very great potential and a great future and all I see in the future is that it can even displace bitcoin in some years to come.
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