What if they will not approve cryptocurrency? What will happen next to bitcoin and other crypto? Will it continue the operation even if the government sectors does not want this thing to approve? How can we push through on this one. I know that it is not time yet to speculate things but we need some clear ways or plan to pursue if things will not go as plan.
Mate, it will get approved. Matter of time. SEC has already announced that Bitcoin and Ethereum are not securities... Don't worry man. By the way, the What's on crypto team and their channel are awesome. Very need thing for a crypto gentleman https://t.me/whatsoncryptoThe ETF approval is going to be a subtle way of centralization which in itself is against the tenets of the blockchain revolution.
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The short term trend for BTC is definitely down from most charts I've seen. This is largely because the whales are looking for good prices to get in readiness for the SEC Bitcoin ETF approvals.
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A lot of great projects on paper, but time will tell if they're really worth the hype given them. The taste of their goodness is when they hit the exchange.
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The alts market is a bit delicate for me right now as I'm at a cross roads about which coins I should buy their dip. But if I were to make any choices now, I'll be rooting for EOS simply because I've lost a lot of money to TRON.
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Hello bounty manager, please confirm if the bounty has ended and when we can remove signature. I have a gut feeling this bounty will be extended.
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While it is very imperative that you read the Whitepaper of an ICO as part of an your due diligence, I also must tell you that some whitepapers are merely copy and paste of other successful projects and it would shock you to know that the team may not fully understand their value proposition called whitepaper. You need to be careful still.
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There are so many projects hitting the crypto space every other day, so many of these projects have no real use cases, some of them are pure scams as they devs have no plans to further the cause of the project after collecting money from investors through ICO's. This is why one has to be very circumspect in choosing any project to invest in.
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With the rampant cases of tokens going below their ICO price after listing on an exchange, it's only wise to keep some and sell some. You could decide to keep a lot and the value goes totally down making you lose value for the time invested in acquiring the tokens.
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You can hardly have a perfect market condition most of the times. Manipulations go on in virtually every market where there are buyers and sellers. It is however more pronounced in the crypto market because it is unregulated. Should the much touted regulations ever come into play, the manipulations should be very minimal.
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The approval of ETF application by the SEC can be the only confirmation that the current bearish market situation is over, at least for now. If however, the approvals isn't granted, be very sure that the bears will be back and assets will go all red again.
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U.S citizens or residents are restricted from a lot of ICO's. So I wont be surprised they are even blocked from joining the telegram group of some projects. This is likely because of the SEC regulations and their perception of the tokens of certain ICO's as securities.
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I do not think I can be distracted with any altcoin for now, all I can do is ride the current little bull run of BTC and take the little profits. But if I was to invest in any altcoin for now, it will be KEY, OMG and EOS..
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Bitcoin is up 500 USD today and my top 10 Alt is down. Not selling but angry! I have a stop Loss for my alt that covers my initial investment. Ass far as I am concerned BTC can crash and burn and revisit 5K: Many say it will! Angry as hell. Some say BTC will revisit 7200 USD very soon: Good! I played this market brilliantly and got pissed over!
Alts will usually have their day once BTC stabilizes at a particular price. Most important is that you don't panic as alts are bearish now. Times as these we've seen over and over again.. Alts will have their time. Be patient
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Prices of altcoins are usually averagely the same across various exchanges, with little price variations that are easily negligible sometimes. Sometimes the price is a function of what traders are will to accept on that exchange. However, you need to be careful about exchange with vary low prices of a particular coin in comparison with other exchanges. Usually, scam exchanges do that as you transfer ETH/BTC to buy those coins and your money is trapped as you can't withdraw them to sell on other exchanges.
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This is good news for Ethereum, but I doubt it would have any major impact on the price considering the fact that Bitcoin is having a good time with days of green candles. But overall, great improvements for Ethereum network.
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Long term hodl is good for select projects only in my honest opinion. There are projects or coins that aren't worth hodling long term as they might just turn to dust over time, especially for scam projects the devs have abandoned.
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In the world of crypto you don't go all in a project no matter how fantastic it is. This is because the same way you can make good profits from it is the same way you be rekt should go south. My advise: Invest what you are willing to lose, wait for it to hit the exchange, if it tanks, buy more
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Could be that you visited a malicious site. Always ensure you visit the right MEW site. It could also be that your internet connection was poor at the time or just a little system glitch. So long as you have your assets intact, you're good to go.
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As a newbie, I advise you focus on investing in Bitcoin and Ethereum for now. These two are the most established coins out there. An investment in BTC is very important now as there are prospects of making good profits in the anticipated bull run. You can thereafter, consider investing in altcoins as you gain more experience. Good luck!
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