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Correction on the crypto market can happen anytime since there are so many scammers that offer coins without real value. Having a market correction is basically healthy in the crypto world.
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If you have the courage to buy, the go and buy some while the price is still down. However, you continuously observe the market cap in coinmarketcap.com to help you decide whether to invest for more now or not yet.
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This is basically the normal move of all cryptocurrencies. When bitcoin moves whether it's up or down. Or to increase and decrease it's market value, the rest will follow or somehow most of the coins will experience impact on that. We all now the BTC has the biggest share in the cypto market so the swings will really happened accordingly.
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People are really amazing to always start new projects just like this. A promising ICO that telegram will run. I have to wait in this and see how others can also participate. Will it be one of the next successful ICO as well? Let's find out. |
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Participating in ICO could be a good opportunity instead. In all things, risks will be involved. It's the matter of how you define safety, especially in cryptocurrency world. As far as I know, ICOs are safe. You just need to make sure that you don't join a scam. Make sure to do a lot of research before joining. Just telegram discussions on these ICOs and see it from there as well. Might be also helpful to know if these are good to invest in.
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This would produce the most gains , but if you predict wrong you could be stuck waiting for the price to either come back up or down to get back in. I did this the other day. I sold and bought back in at what I had predicted was going to be the next upswing. However some last second sellers swooped in and dropped the price below my limit. Then it just continued to fall from there. Now I sit and wait for the price to come back up to my purchase price so I can get back at it. I hate waiting. I get antsy. I should have left some money in reserve so I could have at least bought in at the bottom. I got greedy. Now I wait.  I spend 60% on buying good cryptocurrency and HOLD 20% on ICOs and the remaining 20% in the trade This could be a better option or way on how to handle your investments. Although giving all to trading is not bad at all, you must also make sure that you are ready for a risky outcome or result. |
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You may sell some of your alts to fund your bitcoin investment but don't sell it all. Make sure to fund the opportunity of some of your potentials alts to comtinuously grow. We are risk takers and all are investments will be worth it in time.
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Banning bitcoin to a country could not be impossible. Things right now are unimaginably happening even if we haven't these things will happened even before. Countries usually do it are culturally strict or have different ways like other countries around.
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This is normal. This is just a correction and it will normalize soon. Instead of having panic attack, buy some new alternative coins or crytocurrency for the price is low right now. It is not the best time to sell but it is the best time to buy and invest. It will go up soon.
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To hold your altcoins for now is the best option. Wait for more and allow things to go back to normal. It is okay to buy some alternative coins as well and invest some of your money to those instead in time when you already lose the fatigue of always looking at the marketcap. Ethereum could be the best option in time.
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The possibility for Ethereum to reach Bitcoin will surely happen sooner or later. Bitcoin has been on the market for almost ten years and it's value increased so high yet now going back to it's lower range. But for Ethereum, the thinking of it to go even higher and exceeding what bitcoin can is possible. Nowadays, it is being widely used to fund new ventures as it creates tokens. The fast and cheaper transactions are really a huge plus on it that's why people are adapting ETH in their life.
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do not take a big risk if you don't want to fall deeper,
look at the marketcap of veroz,, under 200K usd and thats mean is very risky investments
but everything is in your hands mate
I would surely agree on this! Looking at the marketcap of veroz can also be a good option to choose from first. Though it is all your choice, you can investment anywhere. Investment and trading must be really risky for everybody. That's okay. You are learning from it at the same time. All the best for you! |
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My holdings right now are 40% BitcoinCash, 25% Monero, 10% NXT and ARDR, 5% Ether and EtherClassic, 5% Bitcoin and another 15% in various Altcoins. This is a smart way of parting your investment to different crytocurrencies to make you will not lose one-time big time. Holding your bitcoin is okay and allowing it to normalise I think is fair enough. However, if we will just depend on the present move of the cryptos like ETH, it wise also to hold it. Or some prefer to hold some and sell some. |
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The only good thing about this masive dump is i can buy more coin ! and i believe all those coin i buy will increase in price again sooner or later.
Would definitely agree on this. As the correction happened many altcoins significantly decreased it's value. But to the coins you know that is still their and standing strong, it's the perfect time to invest and buy. Surely, the price will again increase. In trading, these things are normal. Risks are always present. |
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Finding coins or alternative coins with potential will entail you do a lot of research and making sure they are legit. There are a lot of coins being produced nowadays, however, looking for it's potential if it's ICO will be successful or not is a really big thing to consider. To see a coin's potential, it will be helpful to always read in the forums like bitcoin. You can also check on the coinmarketcap whether if it's an active coin or not. Potential coins are also active in making sure it is being shared to others through telegram for example. There are quite a lot of followers and it is being pushed by those who believe in it.
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Hi Guys,
Im pretty keen to understand more about ICOs and intend to invest in some.
ANY recommended ICOs and any advise how you guys determine whether is it a legit or Scam?
Thanks in advance.
Basically there a lot of ICOs made by their creators, of course, to benefit them and earn. Most of the ICOs as well are scams definitely that's why giving extra caution to which ICOs to choose and join is a must. Having a thorough research about these ICOs could give you a better idea if they are a scam or not. You can look at their development team's portfolio, their whitepaper and road-map to ensure that they are legit. Then, from there you decide. Read also from different forums or website that exchanges knowledge about cryptocurrencies. |
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Some of you might be new to the cryptocurrency game so I've put together a little list here of the best current places to talk cryptocurrency. 1) Reddit - Reddit is a fantastic resource to plug yourself into when talking about cryptocurrency. Most cryptos are born and die on reddit. Some subreddits to look into are r/cryptocurrency r/bitcoin r/ethereum r/cryptotraders 2) InvestFeed - A little known app that is trying to carve out a name for itself as the "social media of cryptocurrency". You can add friends and follow feeds as well as cryptocurrencies to see whats currently happening in crypto 3) TradeTalk - Newly released app gaining traction in the crypto space, claiming to be the "ultimate trollbox" for crypto. Takes the poloniex trollbox idea and puts it into a mobile application, with every crypto exchange and every coin you can think of. 4) BitcoinTalk of course! Those are a few I could think of, does anybody know of more places to talk crypto? These four websites are good to share things about cryptocurrency. I have learned much through bitcointalk definitely. Reddit is also a good resource to know more about cryptos. You also got updated in the news as well through these sites. Telegram, twitter and even facebook nowadays are now becoming a good place to talk about crytocurrency stuff. People are very much interested on the topics and exchanging thoughts and ideas as well. |
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What is happening in crypto world? Every Altcoins are dumping now, I am new but I have some good worthy coins. Now I am losing huge money for this dumping.
What should I do now? I am very worry about it.
In all investments, risks are always involve. The thing for your to do now is not to worry about it. Relax and wait patiently. Just hold your good worthy coins for it is normal to have it in every investmens. When you invest think of it as a long term. If you lose, that is okay. Try again and let the good fate be in you. Some corrections are just happening. Take a deep breath. |
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It is absolutely impossible to trade as a day-to-day trader without incurring set level of losses from time to time. Even bots that uses artificial intelligence don't even guarantee a 100 percent win trade all the time. The spirit and strategy is to always ensure that your wins are more than your losses cumulatively.
Defintely in trading, ensure that the win win situation is present and is there when you trade your coins. Part of trading as a trader is to risk yourself to not also gain but also to lose some but making sure it is for a good earn in the future. You just need to get the balance of it and think wisely when and where to trade. |
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