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It all obviously depends on what you are looking for: short term, long term, risk...
My strategy is to first research the project (who is behind, targets, community, how active they are to their community in social media...).
Second to get a Top 50 coin which price has dropped between 8x to 10x, not from January but from April/May and go for it whenever I think price reached bottom.
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Hi, this new exchange by ex Huobi CEO is being quite hyped this days. Volume is crazy, with more than all other exchanges together. Fcoin token is used to pay you for your trading daily fees on the exchange what makes it feeless, and they also claim there will be a 80% revenue distribution for holders.
Is it a trustable exchange ? What are your opinions ?
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Seems like a clear pump to take attention. Volume is insanely out of normal, 24 hours ago was $55M and now is $463M. Currently is the 6th crypto by volume (24h)
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Could be......or not.
Current market depends on BTC performance and we do not know if it has reached the bottom. If you planning to long term hodl, yep, prices of most alts are quite affordable. But short term btc could go down and you could loose a lot of money. If we keep this volume on btc anything could happen, and I’d say chances are bigger for going down than going up.
I’d wait some days to see where the market goes, next big movememts will be crucial.
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I’ve taken part in around 80/100 or so claimed Airdrops and got tokens twice, once from Trx (2 worth $0.08) and 10 tokens from Extrade Cash.
Does it worth ? I’ve done nothing but signing up at their website, telegram and twitter so it does not take much time. Moneywise not, for sure.
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Always chose a coin you researched at, we could give some advice but in the current market anything could happend, Bitcoin could be a winner or if tomorrow is proved that Tether and Bitfinex did increase the price “artificially” it could go to $500.
I’d suggest you to research in the Top 30, look for an alt that had a high price in April/May and a low one right now. The reason why I tell you about May and not January is because January was a hyped month for crypto so prices could not be 100% real. After March’s correction prices were not so high and perhaps more realistic. There are several coins at Top30 that are currently 4/6/8 times cheaper than April/May, I’d go for two or three on them.
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