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I think investing on ICO projects can bring more profits than the regular daily trading and hodling, the things is, that there is a difficulty on finding the right projects so I would rather stay away from that aspect at least until it becomes more accesible.
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hy mate
I want to confirm if this is really the coming back of Ethereum, for the past several months it wasn't easy but now I can see that the market is gradually changing from the bearish market to the bullish market. presently Eth is $223.84.
due to my past experience once it get's to $700 i will sell to regain my lost which i have lost all this while, do you think i should do so or hold on since is coming back gradually.
what do you think?
I think ethereum getting ot 700 usd will take more than a year to happen, if it ever happens, I think it is time for the market to recover indeed but we should start giving the other coins more protagonism as they are becoming more reliable. |
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I rather stay away from those games, generally they promise big gains and all but they end up being scams, try to stick to traditional investments for profits.
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Just remember that not all the bounties are like that some of them really fulfill what they state at the beginning of the campaign, if that has happened to you several times than you have just been unlucky, keep trying bro.
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Bounties definitely dropped in quality if you compare them to their state in 2017, but they are very profitable at the moment, I mean, you won't get rich, but they are good as a side income.
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Probably selling would be the best thing to do when seeing a serious drop on the price of the token you are dealing with, a few rises in price could happen too but at the moment that is pretty much unlikely.
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I have joined in this form in November 2017! Before that, I did not know about Ethereum but I had a group for buy - Sell bitcoin! When my elder brother told about Ethereum and he ordered me to keep an eye on coinmarketcap always! That time Ethereum price was 330 USD and after few days, it went to 290 USD and the ln the bull market was started! But after almost one year, I have to see Ethereum price at 170 USD! I am feeling too much bad. What about you guys?
Ethereum managed to pass the 200 usd mark and we can definitely expect that it gets to the 300 mark soon, though I don't know if it will go pass that, as the market isn't showing signs of recovery in general. |
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Both bitcoin and ethereum managed to pump a bit after several terrible days of dropping, though I would stick to bitcoin for now, and probably invest a bit on ethereum too as they will definitely recover part of their losses soon.
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Well, generally that kind of sites that offer bounty campaigns and an interface for you to manage them are legit, at least the ones with a bit of credibility, you can still give them a try or find an alike website.
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Hodling is okay, as long as you don't blame the market for your losses, that is a path you are choosing, in which you don't have control over how much you earn or loose.
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Well, not coins are just the opposite, really unexpensive, the thing is, that they have a tendency to drop even more, so that is a downside of it, as it could take several years to recover.
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With the news coming, I think it is advisable to sell, at least a part of your portfolio, sell only the ones that hasn't taken that big of a hit, and trade them on a daily basis, I think another pump in the market is quite impossible for the next years.
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Either Dash or EOS, cardano is also a good option, but I would buy mostly dash, the project looks really polished and in one year can definitely grow a lot.
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Well, if KYC were strictly needed for a project to succeed we would see every single campaign implementing it, but they are just a few doing it, so no, it is not necessary, more like whim or an obstacle.
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I think the initiators of the ICO project set the initial price themselves. Then traders on the crypto exchange start to raise or lower it.
This is clearly seen on decentralized exchanges, where the difference between buying and selling can be hundreds of percent.
yes, after the token gets listed generally the value starts fluctuating like the rest of the cryptos, depends on the demand and supply of it. |
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Its very very volatile, so you can increase your capital thousands of times with crypto, unlike shares thanks to which you can increase the capital max by a couple of tens of percent
But, it is also a double edged weapon, you can earn a lot of money, more than 100% profit in a couple of days, or loose it all it just a couple of days too. |
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Well, I mostly try to follow bounty managers of certain renown, they publicate their projects on their telegram groups, sandra evans, amazix and yahoo are recommended.
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If you want to hold for long term a little diversification on your portfolio isn't that bad, I could recommend ADA and EOS, but the majority of altcoins are more suited for short term.
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I think bounty campaigns and airdrops are way safer than investments, though the process is also slow, but if you are one of those that don't mind waiting than go for bounties.
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I am putting big money on cardano, it seems a bit like ethereum, but it is more recent and it is expected to grow a lot because of that.
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