I think my biggest cryptocurrency mistakes as I remember back in 2017, when I invested my money in a promising ICO and when the ICO nearly ends the developer run away and did give us any amount of tokens and all of the bounty campaigns are turn into nothing. Always check the updates if you want to invest in ICO and their team and the project prospective of that ICO. Right now I always double check the website of the ICO before joining them.
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I think this could be possible to happen because cryptocurrency is trending this year and there is a lot of people that are convince and have interest to invest in cryptocurrency. We can't predict what will be the price of bitcoin in the market but today the market is down and I know that it can recover very fast as long as there is holders and buyers and also investors in cryptocurrency. Well, 2020 is still a long year to reach when the market goes up soon and all of the price is hype.
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There is a future in cryptocurrency if you invest it wisely, as years go by crypto is growing high in different countries as their digital currency for making transactions and payments. Some of the countries are making money through mining and trading coins and some of the people are doing the bounty campaigns to get free coins. I know the this coming years crypto will be more popular to all countries and to become legit in all ways.
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Yes, it can be sold when there is a price in the market, the coins are useless if there is no price in the market. All of your bounty campaign efforts are not worth it because the coins that you get has no value in the market exchange site. And it depends on the bounty campaign project if they were going to be successful or not then you will get your bounty tokens as a reward payment for participating to their bounty campaign.
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Yes, right now the market is down and I'm starting to lose hope because, I have a lot of coins that have no price in the market and I am hoping that will get a good price soon in the market. We can't predict when its the very pick of the graph in the market, all of the holders and investors right now are in struggle mode because the market is red all you have t do is invest more coins when the price of the coins is low and just stay calm.
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To all bounty hunters always be careful when you join social media campaigns there is a lot of scamming and phishing sites that wanted to hack your account. When you log in your account always log out don't forget to do that and clear all the history when you leave the site. Do not give your personal data to other people when they ask you and when you tweet or retweet on twitter just don't spam them sometimes you might get block when you do that post spamming.
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Of course, trading is one of the best way that you can earn more profit if you know the strategy and style of trading. This is the right time to buy more coins because the market is down and the coins are in cheap price, then you can start trading them or hold them and wait for the right time that when the market is up. If you have a good job just save your money and invest in crypto because there is future here but you can't predict the price of each coins sometimes you win and sometimes you lose.
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There is a lot of ways to earn altcoins, there is called bounty campaigns that you can join with like, signature campaign, video blog campaign, translation language campaign, social media campaigns like facebook and twitter. There is also telegram campaign and even in medium, reddit campaigns that you can get tokens if you completed all the task that the bounty ICO required. And that is very useful if you only follow all the instructions of the bounty rules.
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This conversion thing is so very risky when you convert bitcoin to ethereum I think the price will affect and down. Always check the market price of each coins, I know that when bitcoin price went up all of the coins affected and also the price of the altcoins will up not as big but slowly will rise. It is also good when you convert btc to eth if you are using ethereum platform erc20 coins and conversion for me is a procedure that you will think about it before you do it.
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I think Bitcoin Cash is just a impersonator of Bitcoin and we all know that Bitcoin Cash brings sound money to the world, fulfilling the original promise of Bitcoin as peer to peer Electronic Cash and the future shines brightly with unrestricted growth, global adoption, permission less innovation, and decentralized development in the market. And Bitcoin is still the number one coin in the crypto world and it is a crypto currency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator, and can be sent from user to user on the peer to peer bitcoin network without the need for intermediaries.
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Crypto advice for newbie is the best they can do is invest on the right ICO and buy coins at their lowest price and they can also participate in bounty campaigns and joining airdrops to get free tokens. You can also check on social media like facebook and twitter and telegram , medium, reddit and their websites for the updates of the newly launch ICO that you want to participate. Crypto is easy if you have more source and you have the perseverance to learn about crypto.
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Risk points of investing is always there when you are in cryptocurrency, there is a lot of risk when you invest and get either a profit or losing your money. Just like also when you are gambling and more like a gamble when you put your money in these things that you will never know the results of your bet in gambling. And if your aim is to just get a proper amount of profit not for handling that much of an expenses then just invest a bit and leave it or forget it. Risk is part of humans life when it comes to investing your money.
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Yeah, what happened to ethereum, why is the price goes down from $280 now at $225 and this is not good for us ethereum holders and investors. I don't know how this happened this year is not good for all crypto enthusiast and we can't predict the result of the market as long as there is buyers and investors the market will rise soon and I hope this is just the beginning of the pump bull month of 2018.
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There is a lot of wallets that you can use but I prefer to use myetherwallet erc20, Imtoken wallet and metamask wallet is also good to use. And it depends on the token that you are participating or joining. There is also a NEO wallet and other altcoins wallet to use but never use an exchange wallet its so hard to make process transaction on that. Always be aware of hackers that want to get free tokens in your wallet. The best wallet is MEW I assure you that is one of the best.
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There is a lot of predictions that cyrpto will be useful in the future the digital currency system and the blockchain technology that helps the people to make transactions easy and faster. This is the future when doing a per to per transactions and you can use this as a payment in all kinds of items. The demand and supply of cryptocurrency coins on each ICO are getting bigger for this year and that ICO project is successful through years. Today there is a lot of people that are using cryptocurrency in their country.
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There is a trust between the new altcoins and the buyer and the investors, this is the most important thing trust each other for the success of that ICO. When you do the investment you buy coins on that newly launch altcoins ICO, but first you must know their background and the team members and the manager and developer of that ICO so that you can decide if that ICO can be trusted or not. Always double check your participating ICO.
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My experience in trading is kinda funny and I get scared at first because I don't want to get lose in my trading bu the result is good I trade my coins and earn some profit. I also try the buy low sell high strategy, I remember I bought TRX and buy it for 5 satoshi and I sell it on a 5 satoshi price. I was very happy about that and continue learning on how to trade and invest properly on cryptocurrency.
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