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Personally if I were to invest right now based on my personal capital Holdings which includes a lot of Bitcoin and would invest in ethereum Dogeoin or Binance and this is because these are projects that are still relatively undervalued in the crypto market and will catch up to bitcoin very soon.
BNB for example I've been expanding their operations all over the world and into countries where they see a lot of opportunities in the crypto space so I believe you have the potential to rise a lot further.
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I have always been interested in mining cryptocurrency in a very long time and my biggest obstacle has always been the financial resources to purchase mining rigs and electricity required however remaining crypto-currencies became almost impossible for me because of the high cost involved and very low profit margin so I am pumped to ask that with the recent pumps in crypto prices and everything going to the moon is it profitable to mine Bitcoin in 2021 or any other altcoins please let me know.
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Altcoins are safe means of investing your money in a crypto space especially if you don't want to buy bitcoin however you have to be very very careful when selecting the altcoins to invest in and there is no room for not making your due diligence you have to always make your research because there are a lot of scam coins out there that have pretended as legit of coins so if I were to advise or advice that if you are without experience you should cook for the most obvious good altcoins like etehreum or binance coin.
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I don't believe that there's any coin that we can regard as next Ethereum and this is because for some years now there have been a lot of projects that claim to replace Ethereum as a smart contract platform for cryptocurrencies they have been projects like NEO Cardano, Stellar and lot of others but none of them has only lived up to the Expectations because in reality Ethereum is still the most easy to use and equally sophisticated blockchain for the creation of new cryptocurrencies.
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Before you say ERC 20 tokens are a joke, you should understand the reason why the huge pump happened in ERC 20 tokens back in 2017.
People initially believed that they missed out on the bitcoin price rally and they searched for the next best thing, and the crypto space wasn't saturated with shitcoins then, so it was a lot easier for cojns & tokens of average projects to pump hard..
However this time around, everyone knows that BTC is still undervalued as it is so everywhere wants a piece of the pie and thus the low movement in altcoins
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New projects are dangerous, I don't prefer to get into something before it is even delivered, I comprehend that there were individuals who made such a large amount of their benefits as of late gratitude to the new sort of projects and altcoins, there was additionally many individuals, in reality considerably more individuals, who lost their cash to that too and there is even a greater, many individuals whose cash is bolted and they are holding back to check whether they will benefit or if their cash is no more.
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The awful experience that it carried back with these two projects, makes them not to like it but rather very much wanted to have another one which it gives confirmation.
Not ICO or even IEO will make please to individuals, if that one of them might want to get back, better not to happen on the grounds that presumably the assumption will not make good and appreciated.
anyway I accept with a presumed crypto exchange and an extraordinary project. Likewise the chance of listing tokens toward the finish of IEO is obviously superior to ICO.
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I will, without any doubt pick Ethereum and I additionally propose that it ought to be recollected that practically all the altcoins of the previous year had nothing to move because of the befuddling way bitcoin works with the present moment. so all altcoins can't stay aware of bitcoin developments. the increment in bitcoin doesn't get numerous other than the huge traders. just with the increment in altcoins will actually want to make all enthusiastic can profit as well.
ETH is a superior crytpo when compared to BTC.
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I've advanced awesome projects that actually discover ways not to pay bounty hunters eventually, they just concocted distinctive pardon about Ethereum address expected to get redesign with their own new wallet and that is just conceivable through bringing in recuperation seed while bounty rules said all we require is Ethereum address to get paid, getting paid is the fundamental issue with crypto bounties today.
The altcoin price development is so unstable than bitcoin. Its price can up many percent even many percent inside a day however after that you will see an immense lessening that will occur.
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I likewise see things like that are certainly feasible for a few reasons that the group needed to settle on this choice, possibly on the grounds that they are occupied with their items and can likewise keep up price solidness in the market so they settle on questionable choices.
In reality, i think we need to device a means of vetting projects that want to launch a bounty, even before they launch, and the funds be kept in an escrow.
Most likely this will be exceptionally frustrated by advancing for such a long time, however indeed it isn't true to form, so we as hunters should acknowledge it since we can't do anything besides sit tight for refreshes from them.
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The bounty scam may step by step disappear over the long haul after the gathering has set up exacting standards to ensure the privileges of the members. I trust that it will occur with normal bounty crusades like what occurs with the week after week bounty crusade and the project group sends the members 'contribution to an arbiter and after the mission closes, the middle person sends these duty to the members. So everybody can be certain that this bounty will be paid to them eventually.
These projects really need to stop scamming bounty hunters and start paying people for the work that they have done.
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I dont think we need any more stablecoins on the grounds that they all fill a similar need.
I never like centralized cryptocurrency either, stable coin, however for me any sort of centralized cryptocurrency is certainly not a genuine cryptocurrency. However, I don't think we need more decentralized stablecoin. Indeed, even as I would see it, we as of now have an excessive number of stablecoins. Very few contrasts among one stablecoins and the others.
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It certainly is. It is the second generally trusted and generally productive of all crypto close to bitcoin. Indeed, numerous individuals actually imagines that it is in a way that is better than bitcoin. Actually as it were however, how might you upset the ruler of cryptocurrency which is bitcoin? To the extent I accept, eth may take over bitcoin. It very well may be a way, however it would take a great deal of time.
ethereum will easily surpass bitcoin
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This time right now is the best time for altcoins to boom and that is because with the stock market boom of the year 2020, and the recent bullish crypto market activities of january this year, alot of people are already looking to the cryptocurrency space for the next best thing and promising projects that will reap good potential future rewards.
so for any good and serious project, this is the perfect time to launch and have a good reception.
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There is consistently an ideal chance to give up, sell your altcoins take your benefit and sit tight for another bear season to repurchase in the event that you need, the slip-up numerous individuals are making is they don't have a real objective, they presumably don't have a clue what they need so while their altcoins are pumping they will simply pause for a moment and continue watching, needing the pumps to continue to develop. My assessment is consistently to screen information and data alongside factors that influence the price on the off chance that you need to be one of the best new crypto projects.
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i would regard myself as a dynamic investor, i am solely focused on making money and i adopted which ever strategy that i believe is going to make me the most money at that specific moment.
for example, during the bitcoin rally, i took the position of a day trader, trading it intraday with some leverage, that way i can maximize my earning potential
i can also take the position of a long term investor if i see a good project with a lot of potential, then i can join its fund raising or buy into the project at listing, depending on all the information available.
HOW do you approach cryptocurrency investing.
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Investing in any coin just for the sake of it, or participating in any bounty just because you feel like is not a smart way of making money.
it is your obligation to explore any project you plan on advancing inside the cryptocurrency space, you're making mindfulness about it as well as telling individuals that it is a commendable investment. This is one reason why hunters should quit advancing only any project that is listed on here. Kindly help yourself out, a portion of these missions run for quite a long time. Why burn through your time and exertion by quickly advancing a project without doing your appropriate examination? I take as much time as necessary to explore any project I plan advancing, so should every other person.
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The answwer to this question is a big NO. you should never take a loan to invest in cryptocurrencies .
The crypto space is of a very risky nature and if you were to invest in it, your investment should be with funds that you wouldn't mind loosing. This cannot be said of a loaned money and if you end up incurring a big loss with your investment, you will be in a tight spot as regards how to payback the loan.
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telegram groups isn't sufficient for making a decision about a project will get effective or ineffective. There are bunches of projects get scam with individuals who additionally had routineness and movement on gatherings. Likewise a large number of them listed on certain exchanges and they didn't make any good publicity on market neither one of the peoples get profited.
There is a requirement for incredible Marketing and the working product or concept
These are the fundamental things that I search for prior to investing in a project
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