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Bitcoin is really dominating the market right now and is looking like is not going to stop but I feel the dominance will stop and the price will get stabilize then alts will rally including ethereum. It is too early to conclude that ETH is 4 times less that the ATH of btc because ETH will soon pump after then we can decide which is less or more.
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Trading comes with loss and profit. Every traders trading while making profit should also expect to make some loss sooner than expected. You cannot always make profit while trading, at times you win and at times you loss but make sure to minimize your loss because that is the rule of the game.
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I think by now every bounty hunters should have in mind that reward might not get to them at the end of a campaign and for this reason we should be selective in whatever campaign we want to do. We should not take part in all campaign, this will safe us from some embarrassment that might likely come. Escrow is fine but this might not work with all campaign.
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I guess it is no news anymore that whenever bitcoin is surging, all money goes into bitcoin which in turn make altcoins to dump so easily. It is always advisable that any time bitcoin is pumping, we should avoid getting into alts except you are ready to hold for long.
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It is a bad entry if I may say, at that point some doing short are already taking profit, you should have waited for a possible correction to get the right entry, all the same the deed is done already, you only need to hold and hope for a better surge but that might be at a long.
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Btc is a very good coin for future investment no doubt but I prefer to trade and hold altcoins, I feel altcoins can give me more profit at the long run than btc since I don't have enough money to buy large amount of btc, I have all my portfolio in altcoins waiting patiently for the alts season.
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This is one major factor that is making people to lose their money now. I got scammed in a group some few weeks ago because I was waiting to buy a project at listing and I was added to the fake group of that project unaware, I just went ahead and bought tokens through the link dropped in the fake group, it was too late before I realized I have been scammed. We need to set our privacy in such a way that we cannot be added to just any how group.
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I don't think it matters anymore to see any of the two return because there are now so many ways of raising funds for project, going back to IEO or ICO may not be realistic anymore,there will surely be more method of raising fund even in the future. We need to move on and not give a thought to bringing IEO or ICO back. I guess the most important thing is for crowd funding to be successful irrespective of the method used.
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Proof of authentication
- Campaigns applied for: Article
- Forum username: Dondeon
- Telegram link: @Dondeon1
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Based on the present state of the market, I will agree with OP that it is the right time to get into alts in preparation for the alts season to come, history has a way of repeating itself, we are hoping to see some amazing surge in prices of alts anytime soon, I will advise you to get into solid alts now.
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Yea, you are right for one thing and that is the fact that it is not easy to make money in cryptocurrency. Some believe making money in crypto is so easy and that is why some of them fell victim of scam, even these days, you need to work yourself out to make anything from bounty campaigns, there is no free money anywhere in crypto don't be deceived.
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Btc is very good but I prefer ETH, I am 60% in ETH. I believe ETH Will bring more profit on the long run than btc, so i am in ETH 60% and the rest of my investment is in alts. Looking forward to add more ETH when the opportunity surface.
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Today is another wonderful day in the history of bitcoin, it is so nice to see bitcoin at ATH, it is a signal for a better thing to come. Personally, I am expecting to see more surge as the year go to an end. We might likely see 30k next year.
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Greediness has cost me a lot, I lost everything I have gathered in crypto just because I want to get so rich very fast, if you want to survive in crypto space you must learn to be focus, do not allow greed to take over you at any point. As far as the crypto space is concern, nothing is certain here, you can get it all in one day and still lose it all in one day, learn to move at your pace, you must be a wise investor.
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So much is happening in the world of Defi right now, so many rug pull on daily basis. Just like you rightly mentioned, fulfilling those conditions does not guarantee anything, I have seen project that had audit with reputable firm and still got attacked and price went to zero because of some lose end in the code, Defi is very risky generally and it is bound to get worse. Always DYOR.
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We are all expecting to see a new time high of bitcoin and altcoins, investing in bitcoin now is not a waste to me because we will surely have a new all time high soon. Bitcoin still has a lot of room for growth base on predictions, though some believed that bitcoin and altcoins might experience some retrace which to me is not a big deal, you can get in now or decide to see if there will be a retrace for you to get in.
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Ethereum is never going to die, if there is any token that will always stand the test of time that will surely be ethereum. ETH 2.0 is around the corner which I believe will solve the problem of high gas fee. To think that ethereum will die because of high gas fee is totally out of point, that will never happen.
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Contrary to your post, I do not agree that Defi hype is over because as at the time you made this post, the market was down generally, it is not just about Defi alone. As far as I am concern, some Defi projects will definitely strive strong as we approach the bull run.
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