I think it is worth it, depending on how much and the nature of your other income. The downside is that Bitcoin and other cryptos are very volatile compared to fiat, so if you need them during a bear market (which may last only a few days) you may have to sell at a loss. I would take them provided I have other income.
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First time I ever hear about it, but I did my research and the fork is real. Cannot find any way to get them (I moved my ETH since to participate in some good ICOs). If anyone has more information I'll appreciate if you can update the thread.
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Because the concept and product is great (I would use it myself), it solves a real world problem by connecting knowledge providers and knowledge seekers anywhere in the world, eliminating trust issues. Great use of blockchain technology. Plus it has already a working prototype, built by a strong team with industry experience. Token economics do make sense. What is not to love?
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I don't really agree. For sure this is true today, both are really mainstream but things could change. Crypto world is really unpredictable and this is why it is important to diversify.
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The comparison for me is not right. Because the crypto potential is infinite and prices should not only reflect the potential but the achievements as well. Remember that they are commodities or utility tokens (depending on what you invest). Not securities and therefore should be evaluated differently.
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Cryptocurrencies are very volatile and won't rise forever. I would suggest a diversified portfolio and not only investing in Bitcoin, this way you do handle risk better. But if you are concerned, you should always set up a trailing stop.
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If this is a wallet that needs to download the whole blockchain, yes that takes time (could even be days). No way to speeding it up. I am not sure if for that coin there is a wallet that does not need that (light wallet).
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A diversified portfolio of good ones. I would put Bitcoin, Ethereum, Litecoin, NEO and NEM at least in any portfolio. You could add others but those are the basics in my opinion.
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The price is determined by offer and demand (as anything in any free market). In crypto there is also still a lot of price manipulation, this is why I don't like trading and pump groups because most of the time you can lose money.
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I read somehwere that ledger nano only lets you have 4 different coins in there at one time, surely that is not true?
Actually that is NOT true. You can load 4 different apps (or less) at one time in the Ledger (to manage them) but you can hold all of the supported coins there. Remember that the coins are NOT physically inside the Ledger, it is only a device that holds your private keys for you and lets you sign transactions. Your coins are in the blockchain.
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Hardware wallets are the most secure ones, and worth the money if you are serious about Bitcoin and crypto in general. However, I have seen a lot of people losing their access to their crypto because they forget their pin and/or they did not backup their 12 word recovery phase. This is VERY important and you should keep that safe, and offline.
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In crypto you need to be extra-careful. Never trust e-mails (verify them first, lot of phishing attempts). Slackbot messages and impersonators in Slack are always there. NEVER share your private keys with anyone. I think most of the scams are because a lot of people are newbies that do not read and want to make a quick buck investing in anything.
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No you will not. I was in your situation, had my XRP in Gatehub which is their official wallet (never liked to hold online but that was my only option at the time). When I transfered to my Ledger Nano it didn't allow me to send all. I had to keep 20 XRP in my old wallet.
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I have never been scammed myself because I am extra-careful. But participated in an ICO that was (they did handled properly and I didn't lose my money).
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If you are all in on Bitcoin, meaning it is your primary investment right now, I would definitely set a trailing stop (or a stop loss at support levels), buy some and diversify my portfolio. This would reduce risk.
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It is your call and depends on whether you need the money or not. I would definitely HODL that for the long term, but that is me. You are the only one that knows your needs and current financial status.
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I like the project and joined signature campaign and telegram campaign.
I would also join Medium - once there is a form for that, since I already follow Experty there. Bounty manager please include this form.
Also submitted PoC to Experty.io dashboard before ICO was postponed (thought demand was very high but it is turning out not to be the case, otherwise bounty campaign wouldn't be required). Now need to submit PoL . Still will do it gladly.
NOT joining twitter and facebook campaigns because the pool for them is really low (only 6 ETH to be divided amongst all users). Will keep promoting and helping, however, prefer not to spam my friends with a daily post and entering into the trouble of reporting that activity here, which I am bad at, to end up receiving a very small amount of tokens.
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An important part of ICO success is to build a community well before the date. So I would start now, present the project, do "road show", request feedback and build on the original whitepaper. Then, after it already mature, start a bounty campaign. Do you have advisors? They should advise on this.
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Poor managed campaign. I did join - several weeks ago - because the form was open. I have been doing my job and posted here. Turns out I have no stakes.
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And this is why I don't do trading myself (at least day to day). Real fortunes in crypto have been made by holding into the good coins and not trying to trade ones agains the others.
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