Most ICO in 2017 performed better than expected! ALGORY.IO is said to be one of the best ICO this January! I will suggest that you get some of it and then you will begin to learn the power of quality ICO!
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Bitcoin is the cryptocurrency leader! However, ethereum is giving bitcoin run for it's leadership! One of the amazing project with no equal on ethereum platform is ALGORY.IO! Buying ethereum therefore gives you opportunity to be part of project like ALGORY.IO.
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Does the interest on lending compounds?
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Trading with little amount will give you the experience you need to trade big amount in the future. Make sure you document your trading and vital lesson you will learn in the course of trading cryptocurrency. Have it at back of your mind also that you can not make profit that will be susbstancial enough with little capital! Reslove to see your little capital trading as an education endavour!
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The best coin to buy today is still bitcoin and ether. Your purchase of any coin should be based on the knowledge and behaviour of such coin in terms of price in the market! Getting to know a coin for what it is will definitely take time except you are buying ICO like ALGORY.IO of which you can get information you need on it's website and it's ann thread! Bitcoin and ether is still you safe bet, After you hold any of these two, you can then go ahead to make other purchases!
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The risk of holding bitcoin is always in the short term definitely not in the long term! The volatility that affect the price of bitcoin in short term basis is also the springboard that give bitcoin outstanding value in the long term! So I will say that the risk of holding bitcoin is not holding!
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Price of cryptocurrency change from time to time as a result of event happening in the market, in the crypto community and World economy at large! All these event generate interest that causes optmism and pessimism! Investor buy and sell according to outlook they feel comfortable with!
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Peer to peer exchange platform is what will work for you. Even in the US and Europe, you may find it very difficult to find an exchange that will offer the kind of service that you seek! However, p2p are very reliable since they have developed mechanism that protect buyer and seller over the years!
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Stop loss can be extremely valuable in a swing market situation! The perfect example is the bitcoin recent price action. In less than 24hrs, bitcoin moved downward in price from $20k t $12k if you are not trading at that time, you may find your portfolio value halved when you resume trading!
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What I usually do when bitcoin/altcoin prices are falling is to do the opposite of logical move! Market want you to sell when the prices are down. Negative sentiment also cause people to panic sell but the right thing to do at that time is to buy and keep buying your way out of depressed market!
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I am sure every trader from time to time make mistake and make errors in judgement. These downside of a trader that has emotion will not go away. The best we can do is to prepare and plan for human error in trading! try to visualize and respond in advance what could make me change my position and it help me a lot when those scenerio comes in the course of my trading!
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BTC altcoin pair is your best bet! For msny years trader have been trading btc altcoin against btc! Btc volume is certain on many exchanges unlike Ether that may not enjoy the same volume btc enjoy. Unless you are trading on DEX, BTC pair is the best!
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You can not turn $50k to $1M in 365 days. On the contrary, market actually have potential to turn your $50k to $1M depending on your strategy, your buying price and how long you can hold your position!
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I think the first 20 to 30 listed coin on coinmarketcap are good ones! Those coin would no have been listed if they do not command some respect and certain value and development. Having said this, you still have to research coin for yourself and make your own decision!
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Trading tips are what its; Tips! If you want to trade, you have to start trading yourself and beat your own limit to become a good trader! There are many thread in this section and Alternative coin section that can give you head start in the trading direction you want to go! ALGORY.IO is another tool you can use for analysis and trading!
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Trading is like fire if you don't know how to use the fire and control it for your use, it will definitely burn you! If you are new to trading, you should not trade until you have basic knowledge of trading. If you are new to cryptocurrency but not to trading, you should not trade either! Cryptocurrency is not your usual asset trading. Take your time and learn. And if you are in a hurry to trade, get trading tool like ALGORY.IO. ALGORY.IO will scan cryptocurrency for you giving you the most profitable trade!
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I like your sense of responsibility! You need to own your decision in trading whether wrong or right! One thing you must always remember in trading or holding bitcoin and other altcoin is that you can never time the market! But when you consistently build on your position you will reap th reward when trading move positively for your holding. Trading with budgeted amount too will help you understand market! And if you use tools like ALGORY.IO for trading, you will definitely win!
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The highest prediction with accuracy I ever made n a trade was 200% rise. I have never been able to predict fir example that bitcoin will get to $10000 this year from less than $1000 not to talk of $20000 it got to. Pump can be organic sometimes or atificial. You must know the kind of pump you are in so that you can decide appropriately. ALGORY.IO tools can even help you further in deciding accurately!
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I will not put big money in usdt no matter how badly I want to trade or buy altcoin. Bitcoin is a sure bet that you will have it when you need to buy or trade altcoin. Yes sometimes their might be delay in transfering bitcoin but you have several means of accelerating your transaction or better still having an emmergency bitcoin onyour trusted exchange!
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