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Of course the current corona pandemic has in one way or the other affected the crypto operation globally because some conferences which were supposed to be held in favour of crypto market have been postponed till further notice.A lot of people with fear that crypto may collapse soon have started withdrawing their funds and by so doing having a negative effect generally on the market. However, there is still hope that situation of things will soon get back to normal for crypto and the market level will rise positively.We just have to keep our focus firm and remain persistent with crypto investment because the market will experience a boom very soon.
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There are lots of fake good news out there in the world of crypto. It is no longer a strange thing that day in day out we keep having numerous fake news flying around the crypto atmosphere and a lot of people are falling victim of it.We need to be careful of the kind of information we give in to because most of these fake information have caused so many people much grief as a result of being outsmarted by it. If we hear any information at all that seems to trigger our interest in participating in some investments, we must be meticulous enough to make our findings so as not to be defrauded.
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It is very much possible to make a living from cryptocurrency trading alone.A lot of people have made it immensely from cryptocurrency as a result of investing in various coins with good value.It is very important to be determined and focused if one desires to enjoy the benefits that are available in crypto.Although, there are challenges one is likely to enter as a result of deciding to trade with cryptocurrency. One just need to stay focused and press for the best.There are lots of ways one can benefit from cryptocurrency and make a living out of it.One may decide to be buying the coins and then trade or better still be involved in bounty campaigns which only requires some level commitment in promoting the project and then get token rewards for it.
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It seems most of the coins are receiving a boost in their market price now as a result of the recent increase in ETH and BTC value. As a result of this increase, it will be a very good idea to start investing in coins now. This is because the increase we are seen now is pointing our attention to the great bull run that may soon happen. Whosoever desires to enjoy the maximum profit that cryptocurrency is able to generate should take advantage of this season by investing in valuable coins and hold for the period of bull run.Hence, we all need to boldly take the step to acquire as many coins as possible in preparation for the time of bull run that looms.
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I would like to say that the risk involve depends on the information gathered from that coin on whether it is a promising one or not.There are many coins that were newly introduced with good market price and value.The value of a coin is not dependent on how long the coin has been in circulation but rather on the level of effect its having on the general market level of cryptocurrency. This means that a coin can be newly launched and its having a high level of positive effect on the growth and development of the cryptomarket as a result of influx of investors investing in the coin and promoting its value to many crypto enthusiasts.
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I would begin by saying there are lots to be done at this time that corona virus has affected virtually all economy globally. I am making judicious use of this time to participate in as many bounty campaigns as I can to make up for the shortage of income at this season. I try to as much as possible intimate myself with the trending bounty campaigns and ensure that I register for the good ones. In addition to that, I likewise make sure that I don't rob myself off opportunities of benefitting from good airdrops. I joined various airdrop telegram groups so as to be be updated with current airdrops that could bring more income to me. I am as well involved in other online opportunities to upgrade my financial status.
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In most cases it depends on the project before one can conclude that either the airdrop or bounty kills the project. If a project on its own is not good and does not have prospect for the investors, either the airdrop or the bounty of such project will not be good as well. So, if airdrop or bounty of a project is not good, it could be that the project is a scam or it lacks partners.What is important to look out for in a crypto project is what future prospect does the project have and how valuable is their coins. Sometimes as well,one may need to also find out who the partners with such projects are. Hence, either the airdrop or bounty of a crypto project could kill the project depending on such project.
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There are lots of fake projects and the way to identify them sometimes varies.If one does not know the original project, it may be difficult to identify fake ones.We have to always be on our guard to ensure that we do not fall victim of these fake projects. In some cases, I have been able to identify some fake projects in crypto. Sometimes, majority of these fake projects may have non-functional telegram hence making people to always have a suspence of what fake projects are. It is also possible sometimes to identify these fake projects by websites that are not functioning. Also we have to know as well too that as there are fake projects, there are also good ones.
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I totally agree with you on that.It is all about our individual choices that determine how far we can enjoy the benefit embedded in crypto.A lot of good opportunities are very much available in crypto so how much of the opportunities we enjoy we depend on far we can get into some good projects and they take advantage of them. Also, ones ability to hold some rewardable coins for long will also determine later the regards and benefit that one stands to enjoy.Hence ,everyone has a choice to make as pertaing to which area to divert much investment into. So, everyone has got a choice to make.
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Definitely they do in most cases and the rewards are sometimes profitable. The only challenge there is that majority of the bounty participants would have exited the telegram channels of such projects before rewards are being released and by so doing may not benefit from it. It is always good to know the objectives and future prospects of project before one decides to participate in it so that if their is any need to wait for long, one will not hesitate to do so.It is also important to note that the fact that a project pays reward late does not mean it will be a profitable one as everything depends on the value of the project coin and sometimes on the kind of exchange in which the coin is listed.
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I agree with you on that. This means that anything that will last longer do take time to build.In the same vein,anyone who desires to succeed in crypto must learn to be patient and as well embrace persistence. Some people who have made their way to the top today in crypto if only they have had some patience even at the time that seemed to be the greatest moment of loss for them. Many turned back from crypto at just a slight loss not knowing that nothing good comes cheaply. One needs to keep moving in crypto despite all odds so as so to be able to attain the desirable peak.Hence, there is a need to have a rethink for as many who are planning to back out from crypto anytime soon because only the patient ones will tell the success story.
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The step to having a successful and profitable investment begins with knowledge. If one does not have adequate knowledge on what crypto investment is all about,there is every tendency to always fall victim of being scammed.A lot of people have found themselves in some mess as a result of investment in crypto projects that are not valid owing to lack of knowledge. If it will entail one to ask questions from people who know much about investment in crypto before going for it, I think it worth it.There are always pitfalls that can be avoided in investment if only one will yield to instructions and be ready to take corrections.
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