I manage risks in this way: I never invest all my money in one project. Because no matter how promising the project is, any of them has a chance to fail.
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It will surely happen because this is not the first time such is happening. The market goes up and down and as such we should expect it to go up again. The only thing is that no one knows when it will happen
I know when this will happen. I saw the forecast of analysts in September. It said that growth will begin after the fall of Bitcoin to $ 3,000. I laughed with this prediction. Now I think that everything can be so.
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When working with cryptocurrencies, you do not need to relax and lose vigilance, you need to constantly be aware of what is happening otherwise you can suffer losses.
The cryptocurrency market is very risky, and where there is a risk you need to have vigilance. You need to keep your coins wisely too, you need to constantly check whether the price has risen on them. And if the price has risen to the level you need - you need to sell and make a profit.
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The bull market that occurred at the end of last year was because all investors were attracted to the ICO market, most of which had considerable profits, but this year it was different. Too many scams and price manipulations make investors bankrupt!
The reason for the fall of the market is not in fraudulent IСO. Of course, they reduced the confidence of investors in new projects. However, it was not because of them that Bitcoin and the rest of the cryptocurrency market began to fall. The market is manipulated and done on purpose.
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The price of ethereum for now is not that satisfactory to those who invest in this coin months before. As we can see, it is still on the downside of it's price and we could never tell when it would bounce back. All we have to do at this time is to wait and be patient.
I agree to be patient if in the future I’ll be waiting for a rise in prices for my coins and I can earn good money. However, at the moment I have less and less confidence in the growth of the crypto market.
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If you find a good project, then why not invest in it. It is currently difficult to find a good project, as the majority is a scam.
That's the problem. Now scammers have learned to imitate very easily good projects. They throw dust into the eyes of investors, and then leave with your money.
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The whole cryptocurrency market is down not just only ETH. But so far, I think the price of ETH is the most manipulated at this time it keeps dipping never going back up. From the way 1500$ to 173$ its highly a volatile price trend.
Do not forget that several years ago during the IСO the Ethereum was selling for about $ 1. I think he did a good growth and will continue to grow.
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I've been thinking a lot about this issue. I heard more than once that many are discussing this topic. Is it safe to invest everything in one, two cryptocurrencies? Or to distribute all the money in all the coins available for this amount?
It is better to distribute your investments in at least 5 projects. If several of them bring you losses, then the profit from the remaining projects will be able to cover them. By investing your money in 1 or 2 projects you are very much at risk. You can lose everything, well, or very, very much to earn. What to do is up to you.
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In all difficult times when you do not know what to buy, buy Bitcoin. You will not increase your capital tenfold on it, but you will be able to earn at least a little. This is better than risking buying a little known altcoin.
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I am observing since last six months...each and every ico is failing drastically...even the most succesful ones which got funded within the time limit...when enters the exchange their price is dropping by more than times....investing in ico these days meaning throwing away your money
I do not agree with you. The problem with IСO began in September, because even very promising projects began to collect very few investments. I think the reason is primarily in the fear of investors because of the falling market. No one wants to buy tokens, which after the end of IСO will cost much less.
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I am newbie and some of my friends who are already into crypto market say I am late. This isn't the time to start investments and I must refrain and just research for later.
Do you think the same? Is it really not the time to invest as a beginner?
It is never too late to start investing in cryptocurrencies, it is especially advantageous to do it now, when the price of all coins has fallen dramatically. Just do not invest all your money. Remember, the risk of losing is quite high.
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I see ICO appear around 30 in 1 day, but I see no promising projects yet They like to see ICO where to raise money, whereas ICO has a heavy responsibility. I am very concerned about this condition
The problem is that every day there are too many new projects that do not make any sense. Some of them are also created in order to deceive investors. Do not need so many projects. Need to stop it.
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Hi, So I’ve invested a bit of money into altcoins about a year ago, and did a bit of trading but then slowly lost the track of it... Until today, where I found my ledger in my closet and decided to give it another look. So here I am now looking at my coins , and thinking on what to do... Hold on? Sell?... I’ve got:
KMD EDG MSP
I’m down about 60% of my investment.
Any advice is appreciated!
EDIT: Yeah my entries are all super high tbh haha
EDIT 2:I’ve got quite a bit of faith in MSP & KMD Not sure about EDG though
None of the people present here knows what to expect next. Perhaps there will be another fall or, on the contrary, a wild growth will begin. Only you can decide. I decided to wait to sell my coins.
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I noticed a just ended bounty campaign and a participant got 80K tokens. I was wondering what h will do with that token. I want to know what happens when bounty hunters gets more or huge tokens during campaigns.
It does not matter how many tokens were received by the participant of the bounty campaign. It is important how much he can sell these tokens. Different projects have different price of 1 token. First of all, pay attention to the price.
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I have never heard of a tool to detect fake ico or bounty, but there are sites that give an ico rating and the development of token sales, so from there we can detect the presence of legit or fake ico. https://icorating.com/I would not 100% trust various rating sites. Any rating can be sold and bought. Trust only your own opinion about the project.
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If you believe in the growth of cryptocurrency and represent this growth and what you will do with the money earned - then this growth will occur and the cryptocurrency will make you successful.
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70% of bounty hunters dump their tokens as soon as they get paid or when the token hits a Cryptocurrency exchange. It's really affecting the market though.
Bounty hunters, these tokens earned the execution of various works on advertising the project. Roughly speaking, bounty hunters are employees and they are paid a salary. They can sell, they can save tokens - this is their right. Do not blame the bounty hunters in the dump token, they want to get their money.
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I like cryptocurrencies, but I don't think this year we can expect some strong growth, because most likely the market will grow by only a third from the current position, capitalizatio and price level.
I am also a fan of cryptocurrency, but I am sure that this year we will not see any increase in cryptocurrency. I think that growth will not begin until March next year.
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It is a normal feeling to be worried when your investment is dwindling each passing day. Eth has seen a very significant fall during this bear market and what is more disturbing is that we do not even know if it is going to fall further. However, I believe Eth has all it takes to bounce back so don't get worried too much.
All people are worried about the safety of their money. Many understand that the crypto market should grow in the future. However, the longer the fall lasts, the more people worry about their coins.
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Today is the kind of scary flush down day that many people will panic sell. Hopefully, the market will stabilize after Bitcoin Cash fork tomorrow so hold on and stop looking at the prices.
I do not even doubt the future stabilization of the market. I am even sure of that. However, people want market growth, not stabilization.
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