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Yes, I agree sometimes reading ICO whitepaper can cause me a headache. Personally, if I see some ICO which have a working product, I don't need read their whitepaper. Because I already believe that their product will quite successful.
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I am just holding my eth on coinbase. I am very much sure that the price of eth will be over 1200$ in some months. So no hurry to sell off. The technology behind eth and strong purpose make me sense to do this
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If the project is supported by big community - I think the project has a future if of course developers don't spoil everything! =))
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It is better to choose long term because it will gain more than the short term and Short term investment are more of a gambling, if the value goes down you would end in a big loss, while in long term it is constantly increasing for most of the trusted cryptos.
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Make no mistake about it, the closest competitor fro ETH is NEO. Other potentials are EOS and ICON. But if I had to say could ETH be overtaken within a couple of years by anyone, then I would say NEO, for all the reasons already mentioned in this thread.
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Getting rich in crypto is possible but not quickly, if your lucky and find coins outside the top 100 with a good team, the coin has a use and isnt just a copy of other coins already available then its more than possible. However any coin that has guaranteed returns should be avoided at all costs. Bitconnect being the example, although anyone caught up in the bitconnect scam was blinded by greed and shouldve taken the time to thin about here the 'profit' was going to come from.
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Now is the time to be patient, because now the market is again unstable. If I myself will survive until the middle of this year, and if it does not show an increase I will sell it.
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It gives mix emotions to all of us. Happy for those people who wants to own a quality coins at cheap prices. While sad to those who had buy at high price. Let's all hope for the best of us. After this bleeding everything will stabilized. Be patient this will create another all time high.
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i just look the airdrops as a lottery 10 minute a day is not wasting time for me till that time i am also searching the comments the roadmaps if i like the project and the devs i always note the coin after that join the ico and bounty programs. For example i found the deep onion like that just 3 4 months ago the price was 0-1 dollar now around 3-4 dolar so i feel succesfull for getting this coin on my wallet.
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At the moment it is safer to keep money in bank. In recent months there have passed series of hacker breakings of various exchanges and purses therefore to banks it is more trust today.
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Even if it will also occur, then I think much later 2025. And looking at today's market of cryptocurrency in general it is difficult to assume what will be at least in 1 year.
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Today falling of the prices practically for all types of cryptocurrency is observed. In 2017 it wasn't observed. It is necessary only to wait for growth as to sell at the present prices only to itself in damage.
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At the moment there are so much various ICO that it is difficult to tell with guarantee whether it is worth investing.
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For me, cryptos are very important; it helps me a lot in my daily life. In addition to the work I do outside, cryptocurrencies help me generate a sufficient income for my family every day. I hope the cryptocurrencies, as well as this forum, will last long so I can make a profit from cryptos.
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Maybe for me, bitcoin is still an investment destination in the future and there are some Altcoins that i think have good chance to keep growing, for me the most dominant Eth and Waves continue to grow next year after several ICO projects that use their platform ends.
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I will hold them until I see a good price for me and multiple times than when i get it. It will gives me more profit than I sell them right away. Make sure that coin you are holding has a good product.
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