You always have to be ready for any turn of events because cryptocurrency is unpredictable. There are times you'll make profits. There are other times you'll incur loses too. That's the game of cryptocurrency.
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I won't be surprised if the price of bitcoin is down at the moment. This is as a result of the fluctuations in the prices of the cryptocurrencies. However, it may be a good time to hold bitcoins in your portfolio and later sell them when prices go up.
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I think its a personal decision to make whether its the right time to trade your tokens or not. We all have our preferences in this cryptocurrency business but I'll advise you to trade when the bull market begins. Let's always have this principle in mind- buy on low, sell on high.
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I don't really know much about this Kik thing personally but I've heard quite some news about it. I think you just have to make a thorough investigation if you want to invest in cryptocurrency.
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Yes. I think hardware wallets are safe than the other online wallets. It all depends on how you handle your information to other people because scammers are around.
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The market is dull at the moment and prices of alternative coins rise and fall each and every time. However, I believe the price of ethereum will soon rise once the crypto market recovers.
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I think its a good idea to hold multiple altcoins in your wallet however, holding too many coins in your portfolio will make it quite difficult to monitor the prices of the coins. I'll advise you to hold a few coins that are good in your wallet.
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I think altcoins will bounce back again. It just needs patience and time. Nevertheless, you can buy bitcoin for now and hold it for sometime. With the altcoin, I'll advise you to wait until altcoin season begins then you can start buying altcoins too.
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Investing in cryptocurrency is one of the greatest opportunity one can have to increase his or her income. However, this comes with a great responsibility by choosing the right path during investment. There are many projects now which need a critical look before venturing into that. This sometimes makes the crypto business very risky. You need to be careful when selecting projects.
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I think long term investment isn't advisable for now because of the current state of the crypto market being volatile. However, I would say it depends on the project and what the investors want. I believe there are still some coins out there which are profitable when you hold them for long term.
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I've heard about USDT and IOTA but unfortunately, I know little about these coins because I personally haven't invested and held these coins in my portfolio before. However, I think ethereum will be the altcoin which is best in terms of utility because of large support.
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Everything's possible with faith and hardwork in cryptocurrency. There's still chance to buy and invest in coins you believe is profitable. Nothing is guaranteed in crypto because its unpredictable.
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It's very obvious that the financial aspect is the reason why I'm involved with cryptocurrency. But I would say that with the current market situation, only crypto enthusiasts will stay in this industry.
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I think this is the best time to invest in BNB because the price now is relatively low which enables one to buy this coin and hold it until the price increases. I believe BNB is a great coin and has potential.
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I cannot say that the latest coins on the market are all profitable. Cryptocurrency is unpredictable and prices can change day in and day out. However, I strongly believe in these two coins, bitcoin and ethereum who have potential in the future.
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There are many people who would really buy Facebook coin which will surprise you. I would say there's a big influence of this coin on Facebook users. I believe Libra coin will rise soon when the market recovers.
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This is exciting. Its good to see a challenge in the cryptocurrency industry. I won't be surprise if BNB becomes the next bitcoin looking at the recent innovative ideas and solutions its bringing up to solve challenges. However, I do still believe no coin can challenge bitcoin.
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There's no way litecoin is dead. Perhaps investors have lost hope in litecoin by looking at the current state. However, I believe this is the right time to get some litecoin tokens in addition to ethereum and bitcoin because they have the potential to boom when the market recovers and prices increases.
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Why store your fund with a new wallet you know nothing about while you have an existing one already. I used to store my tokens in MyetherWallet but it had some characteristics which made it quite easily to access. Currently, I store my fund with hardware wallet because its secured, safe and efficient.
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Cryptocurrency dealing can be very risky and dangerous especially when you don't really know what entails in its transaction. I would say there are many local exchanges for transactions but you need to be cautious. Aside that, be mindful about KYC. I believe KYC so far minimises the occurrence of theft cases especially when buying crypto so look out for projects which request KYC.
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