The basic solution in times as this for traders is to Hold their/your capital in fiat or stable coin then wait patiently, then you get into the trade after there has been few more rekts or tokens has reached the bottom.
What do you think? Is it a smart move at this time?
If the price starts to merge, then it is better to sell your tokens at a more or less normal rate. In general, at the time when the cryptocurrency fell, you need to invest in it. This is a great opportunity to make money. |
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Alot of blogs and articles are referencing the facts that the present dip in prices is related to corona virus outbreak. But I do not believe so
I believe It's not just the virus, all these things were going to happen,
the virus just lit the match and acted as a catalyst
Coronavirus affects the cryptocurrency market in any case. If this virus has affected the global economy, then what prevents it from affecting cryptocurrencies? |
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Do you even know the difference between Centralized wallets and Dec wallets? Days back I lost my coinbase account and the team aren't helping, I'm glad I only have little Bitcoin on the account, would have been a different story if I use coinomi or atomic wallet because they give users 💯 control over their funds, private keys and recovery seed are important, always remember that
Example of Centralized wallets
1. Coinbase
2. Nexo
3. Luno
Any wallets that ask you create an account with mail and password is centralized, they monitor your private keys for you, be smart
It seems to me that it is better to use Blockchain or MyEtherWallet for this. |
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The scamming will continue for as long as there will be naive newbies who believe that they can invest in "good project", and it seems there's still plenty of such people. Nowadays most people know about the dangers of shitcoins, ICO scams, pump and dump and so on, but somehow they believe that they posses the skills to avoid it. and this is where they are wrong. My advice is just stick to Bitcoin, it can't be manipulated in the long run and it's the least risky coin in this whole market.
But it’s hard to make money on one bitcoin. I would advise you to analyze each project before investing in it. |
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I Notice that most projects that conducted bounty finds it difficult to enter the crypto market especially a quality market. i think most are afraid of been dump.
what are the possible reasons why tokens takes too much time before getting listed on exchange.
The reason is that now there are a lot of cryptocurrencies. And in order to enter the market, the project should be really unique. The amount of advertising is also important. |
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I am thinking of putting my DAI into compound.finance due to the high interest rates now, at about 20%. The interest rates fluctuate but it is not locked and I can withdraw my DAI out easily.
Has anyone tried it?
In fact, now you can put cryptocurrency at a percentage. As the market fell cryptocurrency very much. I think that even more cryptocurrency can not fall. |
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ICO projects are falling due to a lack of advertising. A good bounty campaign is not enough.
Good managers usually take projects where the price does not merge right away.
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Just in few days now we have been experiencing unthinkable massive market drop, it seems something happened which I did not hear off. Please anyone here to tell me what exactly happened to the market?
Thanks.
It seems to me that coronavirus has affected. Because because of him there is a global crisis. |
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For the effectiveness of the project requires good advertising.
It is also necessary to take care of the good conditions of the bounty campaign.
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Is now a Days there is no charm to work in Bounties?
Because many Bounties do not Pay rewards to Bounty Hunters. Bounty Hunters work hard but did not get any Reward. What will be the Solution of This Problem.
At the moment, you need to carefully select the bounty campaign, so as not to fall for a scam. But there are really good bounty campaigns. |
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As we all know that this is one of worst time for all ALT coins including here are some Strong coins also facing this badly downtrend because of Bitcoin's unstablity and market fear. So, this is not by any meant that this down trend will never be revese and ALT coins will be recover.
Here is majority in crypto market are hopless and loss interest to trade anymore because of this boring situation, But i think Whales and other intellegent investor always looking for these kind of situation. So here in this situation if you are looking for grab some potential ALT coins i sugest you to don't be confused and grab your favorit coins i am also looking some worthious coins.
I will recemend you to buy only coins with good name in market and avoid shit coins, TRX, XRP, NEO, ETH, LTC, XMR are some projects with Trusted team and comunity in backup. Hope you will consider my advice.
But what about the token of Pavel Durov? In general, I think that it is necessary to invest in various Altcoins. |
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After a long time, Ethereum price increased well but it seems they failed to keep the high zone for a long time. Today Ethereum price decreased more than 25$ and it continues. Just seen an article that Ethereum price may come to 230 to 210$, so, if that happens then under 200$ is not that far!
Now the whole cryptocurrency market is going through hard times. But this should be temporary, in my opinion. |
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https://offthechain.substack.com/p/eth-is-no-different-than-a-fiat-currencyI just read the article above and would like to know whats your take on this. For me it seems true that Bitcoin is much more decentralized than Ethereum and so, much different than fiat money compared to Ethereum, still Ethereum aim is to reduce Eth issuance and it's much more transparent than fiat money. I would say Eth it's not so different as Bitcoin but still very different than a fiat currency and more decentralized. Cryptocurrencies always have many differences from fiat money. But I can say that fiat money is still more transparent than cryptocurrency. |
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I don't believe in 'coincidences,' I believe in probability.
You have three possible outcomes:
1. The Coronavirus has no effect on crypto.
2. The Coronavirus has a positive effect on crypto.
3. The Coronavirus has a negative effect on crypto.
Looking at the current state and if you trust probability, you can ditch the first 2. Thus it's obviously 3.
I did not understand a little what probability each event has. And why did you decide to simply remove 2 factors? |
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If we analyze the dynamics of the course for today, then we can build models. The forecast for the most accurate models shows that Ethereum will not cost 5 thousand dollars. Even intuitively, this little hard to believe. |
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Bounty campaigners value cryptocurrency more.
Since for them it is earnings, and for investors - a way to increase money.
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Alot of blogs and articles are referencing the facts that the present dip in prices is related to corona virus outbreak. But I do not believe so
I believe It's not just the virus, all these things were going to happen,
the virus just lit the match and acted as a catalyst
Coronavirus in any case has an impact on the economy and, accordingly, on crypto. But this virus does not have the biggest effect on cryptocurrency. Cryptocurrency is now declining due to several factors. |
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What is your story of not being able to access your Bitcoin wallet with Bitcoins in them.
What have you tried to retrieve them?
Fortunately, I never lost my Bitcoins. I do not store my wallet in one place, I have many reserves. Which I advise everyone to do.  |
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Cryptocurrency should soon rise in price. Therefore, you need to try to invest in large cryptocurrencies such as Ethereum or Bitcoin. But if you have few savings, then take the time and work in campaigns.
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I bought more Litecoin at $61 a few weeks ago, then watched its price rise to the low 80s.
Then everyone started shitting themselves over this Corona Virus bullshit, so the price retreated to $60 again. If I'd been able to predict the future I'd have sold at $80 and bought back in at $60, but I didn't.
So I lost some profits. Farq.
I certainly sympathize with you. But the course of cryptocurrencies has always been and is unpredictable. In the near future, I think that cryptocurrency will increase in value. Do not worry about this. |
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