The truth is that many investors no longer feel confident with the current crypto market. Before now, investing in ICOs used to be one of the quick ways to make cool cash but the story has changed.
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Live video call for kyc while it's a nice alternative, it will require a lot of man power to actually pull it off and this is where the problem lies, an average ICO won't have the resources to actually carry it out.
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The first start is taking your time to go through the Whitepaper, a lot of scam ICOs are easily detected just from the Whitepaper. Then the team members, how is their background like, can they deliver, etc.
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Those were actually better times, within the period, ethereum has dipped more than 50% the price it was then but I'm highly confident it will bounce back.
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2050 is a long way from now but we the way blockchain technology is advancing, I believe crypto will still be much available by then.
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That's why I believe it's best for anyone who wish to invest in crypto to do their homework by themselves. The best decision is the one we make ourselves.
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The last couple of hours have been confusing to me, the way the crypto fell significantly in seconds without any prior warning after what looked like it has picked momentum.
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I'm planning to increase my crypto portfolio and acquire more coins, also I will be more involved in trading than hodling.
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If nothing really changes this year, things will still go on as usual. I believe crypto has survived worse periods than we are currently seeing.
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While regulation might undermine the true nature of decentralisation, it will help to checkmate a lot of bad activities we witness often with crypto. People's funds will be protected unlike now where you have no one to go to if your funds is stolen.
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I store my coins in different places, ethereum wallet if I'm not planning to sell such coin on the seeable future and exchanges if I plan to sell it anytime.
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The market is far from that but I believe it's on the path to recovery. If the current growth should continue for another 2 weeks, I believe bull run won't be far away again.
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I think we have seen the worst of the market this year, and Ethereum has seen it's year low and won't fall further than that. The market currently is in its path to recovery.
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I agree that ICOs were a major cause of Ethereum price clash this year as a result of them changing their raised ETH to fiat but let's not forget that majority of ICOs also accepted other cryptocurrencies like Bitcoin and Litecoin during their fund raising so those could have also affected the market.
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It actually may not die but we might see a far less interest in it compared to months back. But they are those who have continued with the bounties irrespective of its paltry pay with the hope that when the bull run comes, the coins will finally be worth something.
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This is one thing I have learnt for sometime now, I take full responsibility of my trades whenever I decide to buy or sell any coin. I don't follow people's call to make trades.
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It's absurd calling tokens Ethereum bubble, both bitcoins and altcoins compliment each other. For me I see no problem calling a cryptocurrency token or coin, it takes nothing away from its capabilities.
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I don't think there's any consensus covering the number of people who have Bitcoin. Even if the wallets and the different addresses in exchanges are to be counted, it won't represent the real number because a number of people have multiple wallets.
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Yes, ICO should be regulated to help combat many of the negative problems investors go through with ICOs. It will also increase the level of trust of many people who have been acres away from ICOs.
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Many top altcoins are going for a very low price now and I think it is a good time for anyone who wish to invest now. Just take a look at the top altcoins and do your own findings before investing.
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