After having unfriendly experiences with ICOs I tend to take a break, but IEOs is worth the try. Aslo, there are many projects coming up each day, I think you can take your time and research about them to know the one that have the power to add something tangible to this space.
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I think majority in this space is after one thing which is to hold good coins like BTC, ETH for long term because of their potential in returning huge profits. Me on the other hand, am also holding and keep buying ETH as a long term investment. Also, I believe one day mainstream adoption will take place and I can use cryptocurrencies to pay for goods and services, thus the reason am holding BTC too.
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What if we tell you to hold and it dump? Or we tell you to dump and it moon? You see, that's the unpredictable nature of this space. In my own opinion, an coin with great use case like BNB is worthy holding for long.
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Personally I usually find it hard advising people on the coin to buy or to hold. I would suggest, you take your time research among the top 20 or top 50 to start with, know their underlying Technologies and decide if it's worth your investment or not. From these top coins you will be enlightened on how to make more research about other coins not among top 100 because there are many projects out there with great use case. In all, ETH is worth holding.
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This is one thing about blockchain technology which I like most; that is it enlightens developers and enable them to be more. In my own opinion, if the platform isn't working according to what he had in mind, he is free to leave and open his own while continuing the developement of his idea which will contribute to the growth of the crypto space.
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Woow, all I can say is that you are indeed lucky to have made such from airdrops. The hard truth is, most airdrops I have seen is nothing but time wasters, even some now requires KYC. Can you really imagine performing KYC for something that might worth much. Nevertheless, maybe one day an airdrop worth the attention will come to play.
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This is great, the crypto space keeps getting the right attention owing to the fact the underlying technology as well as its potentials is hard to resist. One thing is sure, sooner than later more big players will join and part of what blockchain offers. Blockchain has indeed come to stay.
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First, from your statement one might not be mistaken for believing such, because last month many thought it was a bear trap and today look at the price. Secondly to your question, I don't think anyone can advice you properly on what to do with your funds, check yourself if you think you are up to the task, then go ahead. If you think otherwise, you know what to do. This is because, should it go the other way round, you won't have anyone to blame, this is the crypto space and it is unpredictable.
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To me this mark is kinda low for a coin like ETH. In as much as price prediction hardly works in this space, but with recent market growth and developments ETH might have a good chance of surpassing $500 or $1000 before the end of the year.
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I agree with you: the reason is this, cryptocurrency offered a new and wonderful concept one which the world needs irrespective of those still badmouthing it. The concept of cryptocurrency is easy; that is to ensure or build a world where users will carryout varieties of transactions as cheap as possible at the same time being in control of their funds. This concept is entirely different with centralized systems. Also, we users within the crypto space still have a role to play, which is in promoting the concept of cryptocurrency and blockchain technology, so that the world will be enlightened.
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Anyone saying trash about Bitcoin certianly lacks the knowledge behind its technology. People will always badmouth what they don't understand, and the worst case scenario is that they haven't tried knowing what Bitcoin is all about. So stop paying attention to them, sooner than later, they will be forced to accept Bitcoin. Bitcoin is indeed Gold, and just like Gold, it will continue to grow in value.
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Why going for this miner which isn't that friendly in all way round? When you get tired of it, what are you going to do? In my own opinion, if energy is cheaper or friendly in your location, you can give GPU a trial as it offers more benefits such as no noise, algorithm switching, can be customized and you can also resale when the need arises.
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Owing to previous experiences with Chinese Mining motherboards I don't think I will agree with you on this. Maybe you were a victim of defective product which can't be intentional (humans are prone to mistakes) as China growing tremendously in the world of blockchain won't stoop too low as to tarnish their image. Maybe you can contact the manufacturers to lay your complains. Sorry for your loss.
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I think it's not just me that loves GPU, my own reason for is that, GPU tends to be customizable, in the same way the algorithm can be switched efficiently. Also, when I get tired of it I can resale for a good price. The only demerit, is that it is costly than its counterpart, but since you have the funds, you can give it a trial.
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The problem isn't which other coin can you mine apart from the ones you stated, rather the issue or question should be, how profitable will it be after spending such amount on equipments and energy? Taking a good look on mining nowadays, the profit isn't in most cases encouraging, thus making most miners to consider buying the coin, holding or trading as the case may be.
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It is unfortunate this is happening when the market is showing signs to recovery. It haven stated many times, that irrespective of the exchange, holding funds is not a good idea. At all times, it is advisable to be in control of your funds by storing or saving them in private wallets. Decentralized exchanges might be the best bet as they have proven that traders or users are always in charge of their assets.
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You have stated it all, people should stop having the mindset that an IEO taking place in a major exchange will give rapid and surplus returns. If you are investing in any IEO, it is believed that you have done the adequate research thus believing in the project, not because it was hyped etc. I think the reason why most investors are saying the drop in IEO value is a threat is because, it is not working according to their plan, but if they believe in the project and it is a solid one, then with time it will grow in value.
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In reality how can Ripple be compared with BTC? What is its underlying features that will make it more valuable than Bitcoin? There are things to be considered before saying such. Now back to your question, Ripple is far from being the next Bitcoin, I don't think it will more valued than BTC.
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Before settiing out to accept multiple cryptocurrencies in ICO, the team must have done and keep all arrangements in place, so how the fund will be collected is not an issue. Furthermore, accepting multiple cryptocurrencies during ICO will make it easy for investors to invest, as most are holders of BTC, ETH and so forth.
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