I have to come realize that because someone made huge profit from a newly listed coin or a shitcoin doesn't mean it will go the same way of profit for you.
I had bought some few shitcoins and newly listed coins that were making some waves, those coins are currently a shadow of their entering prices. I should have left my money in bitcoin instead of gambling with my bitcoin and end up been burnt. Some of these project have technical issues, which I think will end up killing the project.
We can always play safe with bitcoin/fiat or bitcoin/USDT or just leaving our holdings in good altcoins rather than getting on a rat race chasing shitcoins for possible Lambo, which in effect will lead to wrecking and regretting.
Choosing Shitcoin is always a big chance game if you do not have information from the development team, you will undoubtedly lose money in investments. So investing in Shitcoin is risky and risky so you should not choose this form.
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Why do you need to switch to FIAT if it accepted as a currency then all will be traded with Bitcoin. I agree that Bitcoin is too volatile for a short time and it is not as stable as stable coin so it will not be able to replace FIAT.
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Previously in China, a country with a large number of investors participated in the Cryptocurrency, and some large car garages accepted payment with Bitcoin. Buyers can pay the full cost by Bitcoin depending on a certain number of cars, and for some car, you can only pay up to 20-70% of its value with Bitcoin.
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He was right to say that it would be the only currency in the future. But he was wrong before he did not believe in Bitcoin and sold it before it rose. This is a valuable lesson for him to learn how to earn more money in Cryptocurrency is never give up.
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A bad 2018 is over, and it has destroyed a lot of my plans so in 2019 I will set new plans. The first thing I need to do is find a way to own more Bitcoin and Ethereum with the most number of possibilities. I believe this is the first goal I need to achieve.
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Checking the authenticity of any ICO project is difficult. I believe in ICOs projects that are supported by celebrities or get support from famous exchanges. Choosing these ICOs will help you reduce your risk, and I am sure that these projects are 100% profitable.
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Hi people, I am relatively new in this field. Having done some "trading" of alt coins in 2018, I would like to seek the opinion of more experienced traders and hopefully gain an insight as to how can I better differentiate coins with higher potential and coins which are basically crap.
Thanks in advance!
You need to look at its trading volume in 24 hours, you need to count the number of dumpers. A new currency may have a price lower than the ICO price, but it still has a high volume of trading because there will be investors who want to own it. With a high volume of transactions, trust it because there won't be any bad things because its development team is enthusiastic.
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Hello everyone as we are witnessing a spike in the value of Ethereum which was considered as most stable crypto same-time last year but circumstances changed drastically as ETH drop down to the lowest which one could ever imagine but off late we have see rise in it's value so will this be a game changer or one more burst of bubble ?
The target this week you may not reach. The market has fallen back after strong growth over the past few days. I don't put too much expectation at $ 200, and I hope it can reach the target of $ 170 this week with more stability. Don't put too much expectation on it because sometimes it can't be achieved.
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To get an overview of the market you need to look at all the figures displayed on Coinmarketcap because this is where you can find necessary information. Based on that information compared to yesterday's fluctuations to determine its trend.
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You are the one who earns profits in Cryptocurrency because most investors fail to invest in it. It's like I spent $ 1,000 in Bitcoin when it was priced at $ 6000 a few months ago and now it has a much lower price than the price I invested.
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I think this is great, I am glad that the SEC will not approve the ETF. The approval of ETFs can significantly affect the entire Crypto market when governments enact more rules. The crypto market does not need any support from any government organizations because I believe it does not require anyone to help.
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Back in 2017 I believe we have lots and lots of millionaires and billionaires in the crypto atmosphere, now back in 2018 we really have a terrible happenings like for e.g the drop down of bitcoin, ICO no longer paying up, funds get missing either on Exhcangers site or investment. I believe we have lots of encounters in lost of funds
Now what is your own side you ever lost your funds?
As a trader, unfortunately i lost more than i afford but i accept my faults made year ago. ICOs are not my priority anymore due to same reasons behind bear market. Scam projects are looking for tricky methods for attracting more victims and investor confidence index is less than 10% imho. But ICO is still a preferred option for me. You may not have participated in really successful ICOs in 2018 like holo or XYO. This is 2 ICO I have joined and made a lot of profits. ICO has never been hot, and it's more amazing than you think.
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That must be a brave decision they made. As others are feeling. dismayed on the current status of cryptocurrency in general, they have taken a bold step. They must have seen the future potential of cryptocurrency and they don't want to be left behind in not engaging on it. This news will encourage readers to do the same as well.
With the current market this may be a very risky step. If Crypto continues to go down, it will cause everything to fail, and the protesters will get more and more. I hope Crypto will grow again so that every step that can set foot on success is not a failure.
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I wonder why nobody came up with the idea of using Blockchain in the arms industry? The possibility of finding any weapon or even a bullet would solve many unexplained crimes. I wonder if arms companies will ever implement this technology. This could practically end illegal arms trafficking. Many people for sure will not like this..
But many organizations make and produce bullets themselves, so this is not great. Use Blockchain for recording information from production and forcing specific regulations to convert its owner after making buy-sell transactions that are required.
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Bitcoin ETF is a confirmation for approval from this world. People think that though via ETF market will grow again, but I don't think so. Once approved, everything will be managed based on some provisions from the ETF which will limit Bitcoin's growth.
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I see the country I live in is on the list of countries that accept Bitcoin. But I assert that this is not true, in my state you are allowed to own it, but ownership activities related to buying-selling or FIAT-Bitcoin-related activities are all considered offenses. So I mean that you were wrong to list it in the list above.
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I will send you a small amount of money to help you implement your idea because I also hope that Bitcoin is well known. But I hope that you can make it more precise because I don't know how this will happen and what advertising network you will advertise ?
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We should accept the fact that many investors bought Bitcoin when it reached a very high price before falling to the current $ 3400 price. With the Crypto impersonated market when investing in it, accept the risk that you will lose money when investing in it, but if you know how to take advantage of instability, you can make a lot of money through it.
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The crash will teach alot of people a bitter lesson and they will learn from it, they will learn the following
1. Never to love a coin
2. Never to be greedy
3. To cashout on profit always
4. To stop following hype
5. To know that what goes up must come down etc
People are always greedy and putting on Altcoin is growing tremendously with the belief that everything will bring them benefits. Because of the belief in their greed, so many investors have abandoned large sums of money for this Cryptocurrency market.
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