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Currently, the best exchanges is Binance in terms of highly traded volume cryptocurrency but I think Bittrex is the good enough for the newly trader who are made a new entry to the crypto trading. Here you can read the chart more accurately and the current buzz of the crypto which is looking good.
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I think the bounties are now gone far away and there are no bounties coming these days because of the market situation and if bounties come then they are not paying reward and finally cheated your whole effort. The percentage of legit bounties maybe 4% now.
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To reach $5 for the Ripple is a big target while we compare the other giant Bitcoin and the Ethereum. From the current traded value at $0.20 to the $0.30 to reach to $5 is almost more than 25 times. But, if the super bull will come like the 2017 bull market then only it will be possible for this target price.
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The only the altcoins is Ethereum and the Ripple has the great potential of surpassing the Bitcoin in future. But, this could be go a longer period of say 100 years or the more even because the Bitcoin supplying is the limited to its mining while the Ripple and the Eth has the more supply. Another thing is that Bitcoin has already gained as a coin of global currency and the pioneer of this digital currency system. Hence, people will prefer this to others. So, the overtaken of other altcoins is now only a matter of speculation.
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These days many scammers are applying their new tricks on the crypto holders by the name of COVID-19 disasters. They are mainly target the crypto holder in the way of donation giving by targeting their sentiment. So, be ware of there fraudsters.
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Now is the time for the Ethereum to enter as it looks like a short-term bullishness of this asset. Also, Bitcoin has gained a short move but Ethereum is the next door for the 2020.
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The price at which the tokens are listed in the exchanges initially got declined because of the market situation of the whole market. But, most of the time the prices are also listed in over priced as you see in the bull market. So, keep an eye of the market situation and then buy the token from the exchanges.
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Before BNB evolution there are many crypto exchanges are already evolved and most of them also a good exchange. If you are talking about the BNB coin then it is definite that in the future date this coin must outperform among all other top coin. This because of heavy trading volume in the BNB exchanges which earned the more commission by this exchange.
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This is the basic instinct of every investors that are new to the investing world. But, when the investment asset is the crypto then it is matter of much panic asset class because of no price ceiling and very un-regulated market. All the risks are borne by the investors itself.
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The China Govt. already banned the cryptocurrency in the last year after making through examination. But, still there are some legit coin like the Bitcoin, Ripple, Ethereum are transacted. But, as the China market the biggest one banned the crypto so the effect is fall in whole crypto market in the world.
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The real matter is who will take the responsibility of authority to take the scammer to the court. As, you know these concepts are decentralised and anonymous. The investor who are making investment in the ICO they are the only responsible of their investment so nobody take the legal action. But, some countries are restricted these kind of investment passed the law regarding the cryptocurrency to regulate these. So, only those countries may take the responsibility to take the court.
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Not only the Litecoin is facing the problem of sluggishness but all other cryptos are in the same way. If the whole market grow again particularly the Bitcoin surge is important then the other coins will move forward again.
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The way of fishing by the hacker or the any technical expert is different to different on the passage of time. The technical expert always go by the deep coding knowledge then they hack the system but the fisher always think to different way to hack the person by fishing.
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This is really true that the ICO has gone vanished in response to the market behaviour and the fraud prevailing in the ICO. But, in place of this the new has come that is IEO and the STO which are quite regulated but not running as like in the 2017. This because of may be the boredom situation of the current market situation. So, you can't say that the pooling of the money concept from the public totally disappear.
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I already bought the altcoins six month back when the Bitcoin given a upward move. The altcoin I bought are Pundi X, Tron, Storiqa and many more front runner in the cryptocurrency market. But, when I am looking at the current situation of the crypto market I feel that the market has not any sign of bull in the near future, So, I decided to hold these coins until I make profit.
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This statement is not true because Bitcoin has gained it's own value because of it's unique features. In the long run the cryptocurrency will go vanish because of high speculation in this field because of the no regulation yet. So, Only Bitcoin and the first runner in the altcoins sectors will go long.
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This is true that the Ethereum price has hold enough above the price level of $160. So, it is a bullish sign for the Ethereum for the next move. But as far as the price is not going upward and cross the level of $250 is will remain a range bound of $160 to $220. So, holding is the only option for this coin.
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Bacisallly, cryptos that are making the hype among the investors should be removed from the exchanges but these kind of cryptos are traded in the low graded exchanges. So if you have to make a profit quickly then enter this exchanges and trade with cautiously.
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