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I think that the current situation in crypto is a good example of what is waiting for us in the future on the global stage. I mean, turn around, look what`s happening, we have so many coins, in the future, we will have even more. There are so many groups, different communities that worship specific coins, in the future, we can expect the same thing.
Basically what I`m trying to say is that everything will be almost the same, just much much bigger. There will be no king, people will be free to choose which coin to use.
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Libra will be a centralized coin, as I understand what I read about it Libra will be a stable coin too, backed up by some financial institutions. It will not be suitable for investments, probably some people will be able to earn it and then these people will try to sell it for ETH, EOS, TRX or some other cryptocurrency, at least I see it like that.
I don`t know for sure what is there for holders, what kind of benefit will holders have, but c` mon, who can compete with JP Morgan, and others who will back up Libra coin?
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Daily trading is not for everyone. I tried daily trade, I lost a lot of money and I found out it`s not for me. Now I don`t care for daily changes, I just have a lot of different coins, I keep them until they raise enough and then I sell some, and if price drops I buy if rise I still have what to sell, and I can finally say that I`m making some profit.
2018 was rough for me, but this 2019 is already awesome, I hope that prices will continue to rise.
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The picture of a perfect ICO team should be a non bias one and a transparent one. A good ICO team should not hide anything from its investors because transparency will make investors trust a particular ICO project but once a team is not transparent enough then its not a good ICO team.
I`m always for transparency, especially in dev`s team. They should represent the project in the best possible light. I don`t believe in perfect ICO team, every team have some good and bad sides, at least in the beginning, Perfect is not something you get right away, it`s something that should be built for years. |
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Question is what kind of "saving" you have in mind. Some "savings" can be "investments" at the same time, for example, if you chose to "save" in bitcoins. Savings like investments are risky. If you choose some fiat currency you are facing with inflation, your saving will lose value over time, with the gold situation is a bit different, price rise slowly so your saving can have a higher value over time.
My opinion is clear, I don`t like to have money just sitting, doing nothing. Do something with it, so it can work for you, having more investments, savings will make your financial future much safer and more promising.
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I don't have any idea about its future price range but I'm sure that it will be Bigger than before.
If what happened in the market way back in 2017 would happen again then probably Bitcoin's price will reach $100,000 a piece or more but I don't see it coming because crypto people learned their lessons and at least they'll be wise enough to decide what to do but again I'm not sure about it maybe I'm wrong. Bitcoin needs to break its all time high for it to grow and what's happening right now is obviously a good sign.
I think the same, and this is what most of us think, actually! We have no idea what will happen next year, we are optimistic and that`s the most important. Like you, I`m positive about future price, it will be bigger than now, than ever before, I`m more bullish now than ever before, and I`m here for some time. This rise is more than just a good sign, it`s something great. It`s good to have a high price right before the halving after that price will have a good start for new all times high price. |
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Some of them are useless my friend, really useless, there is no need for denaying a truth. They are just bad copies, nothing more, and like every bad copy, there is no future for them. I would say that 85% of all coins are really useless, while the remaining 15% are working, promising and are mostly in the top of the market.
With the number of coins out there, it`s reasonable to think that more than 85% of them are useless. I must agree with that, they are just schemes for some people to make fast money, pump and dump coins, how people like to call them. This is the reason why people should do research before investing, just 15% have some future, others will die along the way. |
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It is desirable to store your tokens on your own wallets of blockchain platforms with private keys, but if you are a trader, then you have to transfer them to exchanges, I recommend buying and selling cryptocurrencies on decentralized platforms with good volumes
With dapp`s, you don`t need to transfer your coins from your wallet to exchange and vice versa all the time, you have your coins in your wallet all the time. The only way to keep your funds safe is your wallet with private keys, everything else is risky, online wallet services can be shut down, exchanges can be hacked. Hardware wallet with private keys is the safest solution, people should learn about how to store coins before they get into cryptocurrencies. |
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If you have a hardware wallet you can be your own bank, why would you pay someone else to keep your bitcoins when you can do it by yourself? For extra security, you can buy some nice wallets like trezor or ledger, but if you don` t wish to pay for a wallet you can find some good one for free. If you don`t own private keys you don`t own bitcoins, have that in mind all the time.
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Bitcoin will make new tops and new bottoms, again and again, it`s what bitcoin price does all these years. What is important for you to look is a time frame, this month, past couple months, this year, or last one, all times low and high.
We had a nice peak at $13700, it was a top of the recent rise. Now we are heading to some new bottom, where will it be nobody can say, all we can do is speculate about where will it stop. I think we will not see the price under $9k.
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Do you think it ever going to be recovered and if you think, yes, then how long?
I think altcoins will recover after bitcoin is fully recovered and reached a new all time price, the spread of scamming altcoins, useless products and real use case for a lot of altcoins led to the fall of so many of them with investors losing their investments along the line that's why it is hard for altcoins to recover for now. Some altcoins will recover, some will continue their way to zero. It was like that before, it's like that now, nothing has changed. Why some people lose confidence is understandable, they lost money with investing in the wrong altcoins, there are many of them who simply made many bad choices. Believe in whatever you wish, know one thing, just some altcoins have a bright future, others will stay where they are if they are lucky, and if not they will go to zero. |
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I think we will need to prepare for the next kevel there might be a slight correction consider that the price has been up so high in a quick period of time, but all the indicators and market reaction in a good path, so maybe there will be more rising coming soon
After so long and high rise of the bitcoin price most of us expect some correction, I`m not different, I just hope that correction will not push the price back under $10k. Making predictions about bitcoin price movement is always hard, in that manner I need to say for option number two, the price can always go higher! Shorting or longing will always be a crypto dilemma for all of us, there`s no running away from that. |
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what about buying/investing bitcoin ? this act can also be done on different terms ( short , mid , or long term ) same as on mining as you can also decide on how long you will mine a coin .
there are legit cloud mining out there but its still better to mine on your own for more secure profits but if i were to decide i think i will still go on buying bitcoin and will use them for investment because i dont have access to large capital in order for me to get started on a mining business .
As I said its not about buying and selling the bitcoin only with cloud mining or mine by yourself. Cloud mining are like pyramid so possibly we are not going to anything in return when we deeply analysis. Nobody sane would invest in cloud mining service, nobody with at least some brain in the head. Who invests in cloud mining service deserves to be scammed, when there are so many warnings around. Why not buying bitcoins, keeping them in the hard wallet and just wait for the price to grow, with occasionally adding up more coins is the safest thing, everything else that gives you promises to grow your bitcoins is 99% a scam. |
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People waited an entire year to make a topic "is this ideal time for buying bitcoin". Nobody believed that the bottom is at $3500, and when the price started to rise, people are rushing to buy and ask all sorts of questions. Is it time to buy now when the price is up already? Yes if you are planning to hold it for a while, in the short term nobody can tell you what will happen, the price can rise more, the same as it can collapse, 50/50 chances in my opinion.
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big risk is only said for those who have not mastered the knowledge of trading (including me). but for pro traders, they can manage risk, so it is not dangerous for the capital used. certainly discipline and patience to be one with them
I think even pro traders will find it difficult if prices become truly unstable. well, in trading, we all have the same risk. maybe you can minimize the risk with the information you get. I think even for pro traders it is necessary to pay the same risk as a beginner, it's just that they might be able to minimize it. It`s not maybe BigBos, you minimize the risks with your researching, your skills, but you can`t lower the risk to zero! Big risk doesn`t necessarily mean a big reward, there are no rules to follow and make a profit, you need to be active, you need to know what you are doing and something good will happen to you, nobody remembers quitters, just winners. |
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Eth lowest point was $100, just take a look at the price now and tell me don't you feel it`s booming already!? I believe in new all times high price, maybe not this year, but in upcoming that will happen, ethereum is just to potential and that got to happen sooner or later. So by that, it`s still not late for getting in ethereum.
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Bounty and trading are far more alike because bounties are task that you need to do weekly and hoping to get paid if there's no problem is arise while trading are using your funds and research for more information that what coin or token that you want to invest to get profit on the next pump of the market
And people don`t understand that simple fact. Bounty is a task you do and you get paid for that, trading is risking what you have in order to make more. Totally different things if you ask me, and anyone who actually trade and do bounties. Bounties can be a good way to get to some starting capital that you can use for trading, among all other things that you can do with tokens you get from bounty. |
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Every investment has its pros and cons, every investment has some risks. I`m sure that for every investment you can find many reasons to invest or to pass it. I think that if you have a chance and if you have some money to spare you can`t allow yourself to miss investing in crypto, it`s the best investment in the past 10 years, and I believe it will continue to be the best investment in the next 10 years.
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-snip-
Hong Kong and Chinese people only buy more BTC when the value of fiat money is reduced due to political and economic war. But currently the value of Chinese currency and Hong Kong has not had a sharp decline recently. They will not use all the money to buy BTC and we should not expect many people to buy BTC when they do not have knowledge. We should expect real investors to enter the crypto market because they themselves will understand and not sell off whales if manipulation occurs. Many people are not satisfied with the current economy, slowly but surely those who are more unsatisfied are turning to cryptocurrencies. Not everyone from this wave will rush to buy some bitcoin, but some of them will do, and one by one we are shortening bankers and longing bitcoin, in long run every economical war will benefit cryptocurrencies, bitcoin especially. |
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