I would only invest in very low cap coins which I think might have a good future. There are a very few low cap coins which have a very bright future and can give good returns. Finding them is not very easy to say the least. You will have to do a lot of research work and then even after that it may or may not give you any returns in the future.
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Either you can cut your losses or keep holding for now hoping for a reversal. Really depends on what kind of money you had put in into crypto. If it is significant and are your life savings, take atleast 50% of it out, however if its money you can loose, then let it stay in for couple of years maybe.
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Where do you come with the statement that every ICO will yield you better profits with the passage of time? This is misleading for new people coming into crypto, especially in the bear cycle. People, do not listen to this, holding coins in bear which do not have solid fundamentals will make you loose your money and do no good.
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I agree with you about Pundi here. Unlike most of the crypto projects that are in thin air, Pundi X has actually made a marvelous product for retail owners to accept crypto from their customers. Long term I am very bullish about NPXS tokens.
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Reason some ICO's take a long time is that initially they need to advertise about their product to the people who they want should buy into them. Then after the ICO begins, it depends on how soon its market cap is achieved.
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It will all depend on the king of cryptocurrencies- bitcoin core. If btc decides to make a come back from this bear season then all alts will pump along with btc. However if the btc plunge continues to take place then eth is not going to 2k under any circumstances.
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Not the very best time to hold altcoins, atleast not till bitcoin shows positive signs of reversal and getting out of bear, which now some people think will last till 2019 atleast. However there are always a few coins one can buy for long term, couple of them would be zcash and etc imo.
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Honestly I do not think that 40% drop signifies anything. Also bitcoin has dropped approximately 68% since its all time high of about 20k and no, I do not think that its the end of this decline is the value of bitcoin.
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If I were to make a decision about either keeping m crypto in eth or btc, for now I would keep it in btc as its the most stable coins among all(because it has the largest market share, hence most stable) and once I see that the trend has shifted I would go all into ETH.
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No one claimed that all ICO's are scams. The thing is that most ICO's drop in terms of their eth value when they hit the exchange, and hence people start panicking and saying that the ico is a scam. Its part of what bear market brings to us.
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Bitcoin is still about 6x from where it stood exactly 12 months ago, no? Tell me any other business/market/investment where one could make 6x of their money doing nothing but just holding the coins? This is how markets do, they do not go up in a straight line, we are going to 50k, with or without your money in the game! So I would not sell if i were you, but as they say, dyor and make your own decision.
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There are new ICO's coming which are doing their sales on NEO, QTUM etc. However, ethereum will always have the first movers advantage and hence I do not think that any other smart contract platform will see the kind of increase in value as much as ethereum. Other coin to keep an eye imo is tezos.
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Myetherwallet is just the user interface that we use to access the ethereum blockchain. All erc20 tokens are saved on the chain and not on the myetherwallet website. So you can use any of the services to access the ehreum blockchain. Just keep your keys safe, or better, use a hardware wallet.
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This is not true. Alts gave a lot of returns in july last year when the market turned bullish, however they are not a good investment to hold during bearish season because the value of your btc and fiat will decrease with decreasing prices of alts, as most of them are in btc pairs.
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In current market I do not recommend that you buy into any ICO, especially if you are a beginner. There was one ICO which I have sent my money to recently, its carry protocol, but sadly the whitelist is not open anymore for that.
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There are many you tube videos that you can follow to learn this. Always try with small amounts so that you are sure and know that you are doing things correctly. Also beware of phishing websites. Also if you have invested big into crypto, buy a hardware wallet.
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I would not recommend anyone to leave their job. There are a lot of people who brag about doing it and going full time into crypto, but they all have been into crypto since a long time now and most have bitcoins in 3 digits. So unless you know what you are doing, do not quit your day job.
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Well, you are already biased in a way that is why you said that you do not think that there is no light at the end of the tunnel. The real question is, how long the darkness will prevail and how long this so called tunnel/bear market continue. If another 2 years, most coins will get rekt.
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There is not much that one can earn from airdrops, unless you hit something big. The best airdrop i have ever joined was rebellious coin. However there are a few others which ahve been great, for example dfinity, they are giving more than 4k to their subscribers, do not remember that exact amount, but it was above 4k for sure.
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First rule when participating in any bounty is never to use your own real email address. If ill willing people get hold of your email address and phone number somehow(they have their ways), your entire online identity will get compromised. And secondly, only signature bounties are worth your time.
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