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Cryptocurrencies are the future for sure, it is only a matter of time for fiats to lose it's dominance, cryptocurrencies are more efficient and economical
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The Supreme Court of India is still pending her decision on whether on not cryptos are legal instrument. The pressure is from RBI, I believe most laws against cryptos will eventually get repealed in the future when adopting must have peaked
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While the market is so low, it does not seem like a good profession. it may be when the market reaches its original value in the future.
I won't advice anyone to engage in trading as a full time job whether or not we are in a bear or bulls market, unless of course such person is a professional in the field
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There are people who make a living out of it, a decent life at that, but they are not experimental traders, many of them trade across different markets-stocks,bonds,cryptos,commodity market, forex and are vast in knowledge in it
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Yes they do, as a matter of fact, there are more persons taking interests in cryptos now more than ever, soon a critical mass of enthusiast will be achieved that will drive adopting at an exponential rate.
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Last past months Sri Lanka's Main Bank (Bank of Ceylon) was banned cryptocurrencies in Sri Lanka. What do you think is the reason for that ? Another sad case of politician trying to protect their sponsors, bitcoin is always desired by all as more persons see the progress and solutions it offers. They are grossly misinformed about bitcoin and cryptos
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We really need to keep hackers away from our assets, it is now good practice not to display your wealth or boast of your assets online, so as not to make yourself a target. In addition to the listed precautions, keep your email address secured as it can leave you vulnerable for online hot wallets especially if you don't own the private keys
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I guess the reason is that the year started on a rather string bulls and investors sort of assumed it was going to continue ,that the growth were driven by main stream adoption. So the expectations were very high
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You will likely score more income you could rely on by trading cryptos, you will need to develop your skills on it anyway. There are no guarantees that you will get paid doing bounties or that the project will be a success
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There are bulls and there are bear seasons,the terms are not made up, they are defined by the direction of price movement over a certain period, they are not to be confused to the daily fluctuations in prices of tokens
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It is very difficult to think otherwise that HODLing has some merits when you have been in a bear market for 8 months, much of the asset value would have been depleted,in anycase, hodling is long term and has some merits
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Russia is one of the most proactive crypto-currency promotion country, the government is very welcoming to crypto project and invests in blockchains developments.
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Holding is a great way to invest in cryptos, the main challenge is if you bought at the lows, in a bear market preferably, that way you get to maximize the profit and can easily move out when the need be without having to wait for too long a time
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Um. I believe that Neo, Cardano and EOS are the very coins. These are quite promising projects, behind which there is a really good team.
They are coin with good potentials in the future, we cant tell how the market will play out shirt term as there is so much manipulation at the moment
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I would still stick to bitcoin as the most glorious coins, while the stable coins are good at keeping the value stable,you also do not benefit from sudden price spike,
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We are having some draw backs again because the market is dependent more on fundamental than on the technical analysis. It will rise again in the coming days
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Mine is to gather as much tokens or coins as I can till a bull market return. I have even lost count of the number of coins I currently hold, the goal to have so much I can sell of when the market goes boom
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It is possible increasing more difficult to detect these days as scammers are getting better at their game. But the fundamentals have not changed significantly, if it is too good to be true, it is probably not true. Don't fall for vain promises
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From experience, most of the time I sold in panic ended up in me losing some substantially large chunk of my assets as I have come to realize that the market is cyclical. I take profits when I can and usually don't sell off at the first sign of a falling market
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When you consider the much ICOs that has been launched on Ethereum and the number of smart contracts being implemented on the network, it is not hard to see why Ethereum grew in price, 50$ is never going to happen for Ethereum.
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