I trade only on a few exchanges and my primary thing which I look for is security how secure is the exchange. Secondly, I look for liquidity how much daily volume is that exchange having. Thirdly I look for how frequently they list new potential coins to their exchange.
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If you are really lucky then you can make a shit load of money from those shitcoins but that is a risky very risky approach and one should allow much of its portfolio to such coins. You gotta behave as per the market and see which type of coins are gathering more attraction of investors and invest accordingly.
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Its not like how you are thinking actually xrp and xlm had their bad times too and they were very volatile at those times. And now btc is facing the heat and being volatile due to a lot of manipulation and many other reasons.
But yes if you consider the shorter time frame then these coins are quite stable as compared to market dump.
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I think if people were thinking of buying BTC at 3000-3100$ range then they Kind of have to stop waiting for that and understand that perhaps the bulls are already back. The bearish sentiment throughout 2018 has blinded us to the raw power of BTC volume. Suggestion is to get in on every dip. What is $4000 if Btc can potentially go back to $12,000 or more?
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Yes the BTC has shown some strong bullishness since the last week and other cryptos are showing positive growth too as the market cap has gained a nice chunk of 30B$ last week. But I do feel we can see BTC touching its support zone around 3600$ again before going up. So open your trades in altcoins accordingly don't hurry.
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Very well pointed out I was also thinking the same. As I myself has not been much active into bounties as I used to be before but I do feel its the time to figure out the best ones out there and work on them. The rewards are almost zero these days as per short-term perspective but in long-term, some of the projects will definitely provide decent returns.
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Almost all good coins have seen the gains and ETH was due for it and it delivered today now the question is how much further it will go up before a pullback. All those people saying eth will die etc will start fomoing soon if ETH shows positive growth in coming few days.
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Yeah, new investors were among the most who panic sold and I think most of the weak hands are out already and we should be seeing a positive rally from here on. This week was good for bitcoin and overall market lets see how it continues in the next week then we will get some sort of confirmation.
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Profitability depends on the percentage of gain you can extract from a coin. So definitely there ate many coins which have been providing great returns during this week some of them were waves, Tron, Stratis. But yeah it all happened because bitcoin gained over 800$ in the week and that gave the momentum to the altcoins too.
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Failure of ICO is common these days. so If a genuine ICO which failed to raise the required amount of fund will either go for private sale and raise the fund or will simply refund the money to the investors.
But if you invest in an ICO which turns out to be a scam then forget about your money.
Another thing which is very common these days is the ICO's extend their time frame of running crow funding and eventually your money remain stuck for the foreseeable period.
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As per the charts Resistance slot roughly at 4400$. If BTC keeps going then I see it tapping that in few days. But however, I expect a retracement down to 3500 support zone. From there we could see another trajectory up once again testing the 4k zone. It is hard to call a definite reversal at this point yet. We may still see a new low. The market is very volatile these days . so trade cautiously.
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I agree with you on the above points and I myself has been part of an Ico( mandala) which was actually well protected during this bear market and it was not dumped as it was stopped from getting listed on exchanges like idex.
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BTC showing some bullishness here surprisingly. It might be a suckers rally before the trail down, we will have to wait for the further resistance breakout before we can call if the bulls are in full mood.
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I know only a few of these coins and I am into crypto from more than a year now. And I feel most of them raised the money when the ico market was exploding and people were throwing money into ico's for getting maximum returns. And maybe some of them have faked their money raised to encourage investors.
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This year I didn't get that much profits only thing I did was holding my investments , I hope all my patience will pay off next year and there will be a bull market and I make more profits many investors are in same hope only ?? I would like to know what you guys think about next year, I am also one of the many optimist hodler expecting some relief in 2019. But I think we may have to wait more before seeing the real bulls overpowering the bears atleast till 2nd or 3rd quarter of 2019.
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If I to answer this question in the current market I would say you can pick any good coin with nice fundamentals and active team and you will surely get 2x -3x in coming few months when the market recovers. To name few you can look into ICX, AION, NPXS
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The crash will teach alot of people a bitter lesson and they will learn from it, they will learn the following
1. Never to love a coin
2. Never to be greedy
3. To cashout on profit always
4. To stop following hype
5. To know that what goes up must come down etc
Cannot agree with you more on those points as I myself have learned a hard lesson by not following a couple of points you mentioned. However, its a lesson learned and I am working on those mistakes which I did earlier and not going to repeat them again.
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Hi all. When the hype was at its peak about a year ago, clearly this attracted a lot of people. I waited and watched. Would love to hear views on if this is a good time to start looking at BTC and alts.
Also, have seen a few accounts that offer services (VIP signals etc). Presumably some of these are better than others.... if so, what have been your experiences? Thanks.
It was a great move by you by not getting into the market at its HIGH. Now is definitely a good time to get good positions into the coins which you believe because the room for upward is more from here than downward. So choose the projects wisely and hung in there you will do good. I would suggest not to get into those signals channel at this moment and rather improve your skills by learning.
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I think that there are many reasons but the main one is that governments don't accept it and people are afraid of facing risks as well. However, I think that it is more than one factor
Yes there are many other factors because if one wants to escape from govt he has many ways. So there are different reasons mainly the manipulations by big players/whales who are accumulating this dips which panic sellers are selling.
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ETH is facing tough times as with the whole crypto market which is reduced to just 100B$. And when the market recovers ETH will eventually recover too and you may not know what will be the new highs for crypto so ETH may see new ATH in future.
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