In my opinion because Yobit operated since acouple year ago, and many trader does not have any problem with deposit, withdrawal and trading processing. And yobit also continue to promote their platform by offer referral bonus.
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In whitepaper there are detail explained all about the project, like what problems the want to solved and the solutions,.how does the project work, ICO information detail, the team founder , they has working product/ MVP etc. But to know the project good or bad i also check in their youtube channel to find interview of the team founder, just to know if the team is real person
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In my country Indonesia Bitcoin and other cryptocurrency not regulated yet but here crypto is very booming, there are many trader and ICO investor want to make money from crypto. And Although not regulated yet but here many kafe, restaurant and merchant accepted Bitcoin.
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The market now look like boring and tired because so many bad news and FUD, so need some rest a few month, and when any good news the market will try to going up, in my opinion the market will start to go up on april.
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That very long term hodling, but you has been hodl wrong coin, if you hold some coin in top 10 ranking in coin market cap, now you get huge profit. So before hodl any coin just learn first the fundamental of that coin and what benefits they offer. Lest say if you hodl like BTC, ETH, DASH, LTC in the same duration now you become milyuner.
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If you looking for some best coin to invest in long term there are will be many option, but you can chooce some of this my option : ETH, DASH, WAVES, OMG, NANO, NEO, ADA, TRON, EOS. All these coin is legit and consist of strong community and they has goal to be more popular in the world and give more benefits to the their investor.
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This is depend on your skill and strategy during trading, mostly trader loss their money cause does not have management of risk and money. In fact more than 50% trader lose because greedy and does not have management of risk. But we have still chance in trading to make money, if can to manage that all include manage your emotion.
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This is not first times exchange get hacked, so the market will back to normal again, just relax and wait for amonth so the price can be going to ATH again. Wait in a few month patiently can be give good profit.
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Blockchain technology still young so in the future this technology can be surpass others technology and will be Paypal as well . Currently Paypal can handled about 1000 transaction in a second but in the future development of blockchain will continuously and will surpass Paypal.
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In my opinion cryptocurrency will continue growing because blockchain technology will be use in many different kind of industry. And also will be more people jump in to it because now many people get rich cause just by make investment in cryptocurrency.
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1000x in 1 years could be possible because they want to solved scalability issue and want to be more good than Ethereum and Bitcoin blockchain's. In this month Credits look have potential to go 10 times from ICO price, i hope Credits can make it after many others ICO failed and the price down below ICO price.
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Doing crypto trading is easy but the difficult thing is to get consisten profit from it. Trading is not enough only to buy in low price and sell in high price but we need some risk management to reduce the risk and to maximize the profit. And also learn how to manage your emotion and keep patient to get better price when buying and selling.
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I got big loss in new token called Utrust and Bitdegree, the price down up to 70% from the price when i bought it. But i just patient wait for uptrend because my purpose to hold it in 1 years. But other mayor coin like ETH, DASH, LTC, WAVES still given me profit because i bought it since 6 month ago.
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In my opinion could be DATA Streamr has massive potential, the price now still cheap and could be give huge profit in this year. They will be better than IOTA in the future in my opinion.
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In every coin that i have i also sell it partyly, because i can not predict when the market will change from up trend to down trend. By this way i can make some profit and reduce the risk. But especially for popular coin like ETH i hold it for a few years.
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Yes some bounty program was not fair, any of them dont pay me although i have stake, but iam also happy many bounty program manage their program with fair and paid me on the times. So i just take this as apart risk of my job.
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I did the same mistake when wacth the chart and the price too much times , and finally i loss because iam tired and can not control emotions. So to avoid emotions during trading i moved to long term trading. Buy and hold a few week or month and then when reached 1 until 5 times profit i sell it partially.
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Day trading too cosuming times and not effective for me, because iam not patient for wait best price to catch it, when buy any coin i can not manage my emotion to get cheap price so until now iam still in floating minus. Long term trading could be better for people just like me.
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There are new system now, ranking in this forum based on number of merit, and not based on activity or number of post anymore. So to increase ranking will be more difficult than before, but the purpose of this system just want to make this forum more usefull and give more benefits for everyone.
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That good amount to start trading altcoin because trading actually not easy to get consistent profit, cryptocurrency market is unpredictable so need good management of risk and money. And also some profitable strategy , so will be hard to make consistent income from trading, need alot of time to learn it and you should be have good psychology, like patient and dont be stress when lose but move on and continue learn your mistake.
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