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Blockchain and cryptocurrencies are still evolving. Strategies change and new technology comes to light every now and then. For 2017, hodling was the ideal, least stressful and perhaps most profitable form of earning from cryptocurrencies.
However, 2018 brought a totally different method. Hodling was no longer the most profitable option. Trading most likely was the best option.
The truth is, we have not gotten the perfect coin yet to solve very important issues. But we have started off on the right foot. Cryptos are here to stay. The important things are development, improvements and adoptation
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I agree with you that plenty altcoins keep coming into the cryptospace and many of them are just by developers who want quick profit then they abandon it. But there are still some dt actually have use. If new coin creation was stopped then good ones wont come in too. And that would mean centralization which is the same thing cryptocurrency is trying to abort
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Bounty hunters can invest in Ico depending on how good the project is and project vision. Funny enough many ico investors dont even do research, they just invest based on hype and wait to cash out. But if a bounty Hunter invests in the project then it's a very good one
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I think Cryptocurrency being regulated by governments defeats the whole point of cryptocurrency. But authorities will continue to have a shaky stand when it comes to cryptocurrency. I see the possibility of increased adoption
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Ofcourse! Cryptocurrency has changed and is still changing the way finances are distributed. Cryptocurrency gives power back to the masses and makes almost everything open source and transparent.
This is not how things have been and Government officials dont like it. That is why Satoshi must remain anonymous otherwise govt would have gunned him down already and dismiss cryptocurrency
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I don't think anyone can conveniently predict price of cryptocurrency. Cryptocurrency is so volatile that it can fail Technical analysis and Fundamental analysis just because of FUD. People can try predicting, but no one can accurately tell
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That's a great strategy to divide your portfolio. I think It works better with longterm holding. I'm saying because sometimes, if you invest in many projects, some could be in profit while the rest in loss which would suck up all ur profit. Hodling is probably safer
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Considering the benefits of receiving huge bonus that you would not have gotten otherwise, pooling may be a good idea. But many Icos frown against it. Meanwhile ppl tend to dump Because of bonus
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Because one or some Erc20 tokens turned out to be scam is not reason to say all are scam. You should find out how to identify good projects, that should help. Some Erc20 tokens eventually move to their own blockchain. But even if they don't, there are still good ones
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I'd say crypto is just virtual money and you're not really rich until you cash out because it's so volatile anything can happen. But banks are not a better option for an investor Because of very little profit
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I'm more of a holder cos I'm not very good at trading. But when I see any increase above 30% then I sell a percentage and buy back when it dips. I don't sell because of dip
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I would also love to see the coins and tokens that survive. Cryptocurrency has not yet gained mainstream adoption. It is still very very young. But notwithstanding, new coins and tokens will continue to storm the market
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Altcoins are so down right now that any bounce back can bring good profit. Cryptocurrency is not for the faint hearted. If you do research before buying a coin it can also help you to continue holding
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Everything is digital, that is why we need to be extra careful. We wanted access to our funds without banks and now we have it. Meanwhile, just a thought, how safe is money in bank anyway? A lot of drama goes on there too
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