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This is a painful end for such a good trading platform. The asset that was hacked from the exchange is too much and they don't have thr financial capacity like the likes of Binance to endure it. I think one thing that make centralized cryptocurrency exchanges super risky is that most of them are not insured and to me this is very bad.
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I think the ban has been lifted based on what I read. Most of this convention companies sees cryptocurrency as a threat to their global dominance and they are trying everything in their capacity to curtain them which is not possible.
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I don't there's any we can do now to bring most of tbose scammers to book because there's no comprehensive laws that could monitor everyone actions and inactions in the industry. The only thing individual can do is to learn to protect himself in order not to be a victim of bad actors.
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It actually depends on the reason why am buying the coin. If am buying a coin or token for long-term investment, I will rather choose from top 50 coins but if am just buying just for flipping, I can buy from anywhere even down 500 because am only buying for short-term flip.
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You can't expect Ethereum to move in the same space the way Bitcoin is doing. What's important most is for the market situation to continue to be positive and with this Ethereum and many other altcoins will surely do their own moving at their own space of movement.
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My response towards it will depends on what's going on about the project before the decline and during it. If it's an active project with a very serious team and if I believe it, then I will continue to hold because it will be a matter of time when its price will come up again.
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If you want to retain your optimism view about cryptocurrency or its trading, you first of need not to set ambiguous expectation for it. See it as a normal business with two sides and when trading, always try to put what you can afford to lose and do not be greedy.
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It's a sad thing to see this incident of hacking happening so many times in the industry and this one of the reasons why we should stop leaving our assets on exchanges. If Binance can be hack, then I don't think there's any exchange that's 100% secure.
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My definition of shit coins are coins with no tangible value to offer or coin with good prospects but with unserious and unmotivated team. We have many coins in this category and I don't think there's nothing we can do to them because there will always be shit projects in the industry.
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I have it in mind before to launch my own project but I don't think am going to do it again since people's interest in ICO is waning down daily. What could be profitable now is IEO and STO but I think it will need a lot of attention and paper work which am not ready for now.
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I have stopped investing in ICO since last year because most of them always get dumped at the initial listing. If you have interest in a project and you don't want to give yourself heart attack, buy it on exchange after the ICO.
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There's enormous opportunity with STO but none of them has proven itself yet and even it's not enticing to many developers out there because it requires more accountability from them which most of them are not ready to give.
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I don't know much about this Harmony project but am sure Binance would have done a thorough background check on it before deciding to host IEO for them on their platform. As for me, I will invest some $$ into it and see how things will turn out.
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Yes, you are saying the truth. The world don't have any option than to embrace cryptocurrency and its underlying blockchain technology. A disruptive technology like this can't be ignored even by well-known institutions and establishment talk less of the masses.
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Yes, I think it's less risky to restrict your investment decision within the top 50 altcoins on the coinmarketcap because most of these coins has already have good community backing and they have proven themselves before.
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On a serious note, ICO has been a thorn in the flesh of many but I don't really think we shouldn't give it a chance again. Many here in this forum earn their daily income through ICO so there's a need for it to be and there's a need for a new crowdfunding model that will truly protect the interest of investors and enforce accountability on the team of a project.
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Exactly, I don't any tangible reason why anyone will IEO a scam when you are not force to invest in it. Any investors need to know that this is crypto space and any investment might not bring the expected return and this is not enough reason for one to call it a scam.
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Don't deceive yourself, I don't see Dogecoin as a viable investment option because there's no tangible usecases for Dogecoin and the only thing it is enjoying is because it is among the first early coin in the industry and this won't last for long.
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I don't have much details about this because though am not an expert but I still see blockchain technology as a new phenomenon that is still gaining ground and conquering many places. I don't think the end is here because I still see many great things happening in the industry.
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It will depends on many factors which includes the terms of the lending, the reason why I desperately need to borrow it and the measure put in place for debt payments. Though I don't like borrowing but if the condition is good, I will surely do.
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