I dont know what you want to see before you begin to invest. Maybe you want eth to moon. That will be wrong. Now is the time. Do not look at the fact that the price has been barely stable to mean you might not gain when you invest. It should rather push you into it because there are chances of making huge lrofits once you invest now
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From my observations, most tokens have better price soon after listing and as such I have a policy of selling 3/4 of my tokens soon after listing. I then hodl the rest till price rises. In case it doesn't, I have already gained enough and I wouldn't be much bothered
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Most ICOs were actually not meant to be successful in the firat place. The idea was actually conceived by scammers and so how can such ICOs even survive. The few that are legit are the onces that survive.
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I personally binance is still a good exchange regardless of the recent incident. There might be current minor problems trading over there but I know it will be over soon. I don't trust any other. Maybe kucoin may be a better substitute
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The strategy I have actually adopted to save my investment from such lost is to set a limit for every investment I make. There are times I fail to comply with my own set limits though but at least setting limits, high and low limits tells you who withdraw and save your investment from further dwindling. It is sometimes very difficult though but it is possible through commitment
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Every form of investment is a risk and so if you fear to take a risk, you can never invest in crypto. Like you said, in crypto we make bold decisions and the best time to invest is when the price has evn gone down. Don't wait to see a rise before you make up your mind
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If one person or a group decide to develop a project from their on pocket, then it means they have a big plan for the project and are committed to seeing it progress so they can reap from it. On ther side, if a project is funded through ICO, the team contributed less and still jave huge sums of money and so in most cases, the commitment will less. My suggestion though
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People have always capitalised on people ignorant to get rich quick by scamming others. It is very sad and extremely disappointing to see some of these things. We just need to be extreme careful before we invest
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That is your investment strategy but others have a different strategy. You might be right but it all depends on the coins you are hodling. If you think they have the potential to make you enough profit, then hodl but some altcoins just keep on dwindling in value
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It is sad some few individuals called whales can just do anything with the market. Everyone really wish this can be prevented but how??? To them, they are also making money just like any other here.
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Comparatively, we can say this is small but let's not forget that the transaction fee isnt much different when you are sending say $20. I know once btc goes high rhis year, we will see situations where you will have to pay huge sums as transaction fee.
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The bull market is already here. The market has been green for days and btc has risen above 8k. These are all indicatuons of the bull market. We are yet to experience a higher pump though but to me, the bull is here
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Sometimes, it becomes so difficult to know if a project is a scam from the beginning since the team will look so dedicated to the project. However, it becomes quite obvious when the ICO is ended and the team is required to develop the project. Usually I sense danger through the nature of communication on their telegram group. They begin to appear once within a month and they always give an excuse of working on exchanges, etc
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I don't think anyone will want to opt out at this time. Not when the market is green. I believe in hodling so I'm still hodling my coins. I would want to invest in some few altcoins also.
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Well, this is definitely true though but per my experience, more than 90% of ICOs are scam. Some of these ICOs are packaged in such a way that it will be extremely hard to identify it is a scam until it turns out a scam. You may meet some legit ones but before you meet one, you might have been scammed like 4 times so why risk it
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There is always a high risk associated with crypto investment and so I understand why you are going for these coins. I willnsuggest then that you invest half into btc and then risk the remaining half on some stable but low cap coins. The low cap ones have a potential for higher pump and that will mean a high profit while btc will serve as a backup to your investment
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You can call it greed but I would call it failure to set a limit for your investment. Definitely, every investment is done with the aole aim of making a profit and the mistake moat people do while into crypto is failing to set a limit. Once, you make a limit to cash out, you prevent unnecessary loss and you gain reasonably
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Both Eth and Ltc are great coins with great potential. I personally don't see why you should convert your eth to LTC. Eth will definitely pump up once the bull market ( which I believe we are seeing the beginning now) begins and you can make even a higher profit.
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Definitely, there is no way we can have reasons to associate it with everything that will happen with the market. Sometimes, what even speculates as the reason for a rise or fall in price might not necessarily be so
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You don't expect to get everything just they way you would want them. Some of these exchanges are to obey some regulations and again have to do some of these things to maintain some level of security. Obeying simple rules wouldn't hurt.
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