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Many people think that you need to trade all day in order to become a trader that is not true in fact that can be counterproductive, you need to remember that if you do not sleep it is very difficult to get concentrated on the task at hand so you need a good night sleep, you need to eat healthy and you need to exercise, remember the markets are not going to disappear just because you're not watching.
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I find it very hard to identify whether a bounty is a scam or not. There are a lot of bounty campaigns out there and most of them looks like legit. You can only know for sure once you experience it. Maybe you can check the bounty manager is legit or not.
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Almost 10% of current ICO are really successful projects. Deep analysis of the project is required to participate in ICO. First of all, you need to familiarize yourself with the project team. However, the right analysis and the right investments in cryptocurrency lead to amazing success.
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The benefits of cryptocurrency for me are gaining more knowledge about digital currencies,helping financial problems,trains you how to decide in buying and selling and also makes you're self responsible person in terms of duties in all bounty campaigns
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I still support bounties as they give me many chances to earn money. Sometimes you get into scams but as you gain more experience you become more careful and make better decisions.
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I myself trade. And I like it. When I'm tired of trading, I just do not trade. And I try to reduce my risks to a minimum. I'd rather earn less, but I will not lose anything. As I think it's not an addiction.
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The most popular method for newbies who do not intend making any financial commitment is via airdrops and bounties. This only requires your time and Internet connection. Other means of making money could be trading of crytocurrency in an exchange platform, buying and selling of cryptocurrency in your local community, investment in ICO's and projects you consider undervalued.
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The mining will never stop. It should not stop I guess, or all the transactions will not be confirmed. No transaction will be processed if the miners stops from mining. That's what I think
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Next three years of cryptocurrency is difficult to predict. I think that by that time the exchange rate will be much different from the present. It is very likely that ETH's market cap will overtake BTC and become the market leader because current ETH is a very potential crypto.
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Altcoin is a valuable base on its blockchain stability. Many altcoins exist without value because they do not have strong support from blockchain. And good altcoin has big icons, big projects, important reasons why people use this altcoin and a good team.
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I keep motivated because of the news I see and I believe on what my hodlings can do in the future so I still hold my asset no matter what happens.
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Eloncity uses blockchain to record transactions in the community and establish an auditable record for tracking the sources of electricity generation in the community. A crypto utility token (Eloncity Token, ECT) facilitates local energy exchange and incentivizes investment in battery energy storage systems (BESS) for storing harvested renewable energy on the customer's property. The Eloncity Foundation will collaborate with financial partners, government agencies, and other key stakeholders to establish revolving loans, which will help initiate the Eloncity project in communities lacking necessary funds.
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It's part of the risk if you are involved in cryptocurrencies. I think do not blame yourself, everyone makes mistakes because nothing is perfect so do not worry when you make this mistake. The ICO project is a good way to earn money but it is not an easy way. So you have to research first before investing in ICOs about their projects.
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There are many people who got a lot of profits from just airdrops, unlike today when you join airdrop you only got small amounts of token and when you see the price on exchange you only got a few cents in value, so it is very frustrating that you just waste your effort in participating.
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I'm long term very bullish as well. In order for any project and company to grow big you need staying power, you need to be able to weather the ups and downs of the market. Microsoft, Apple, Samsung and all the big companies all had their ups and downs and it took them a very long time in the market, and many years, to grow to the size they are today.
With NEO/ONT/Onchain setting themselves up as the #1 compliant blockchain ecosystem of China they have the best possible odds of being in this race for the long haul. They are in a unique position in the market, and if the rest of the world wants to use NEO too that's great of course.
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I don't follow anything they say. Because I am very sure that what they are saying about cryptocurrency is not true.They can keep saying whatever they like. I prefer to invest in Altcoins than to just keep my money in the bank doing nothing. So I don't care about their opinions.
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I normally have a target price for my coin and ones it get to this, I sell because it is not good to be greedy as you may lose so much in the process and if the market falls. That is my tactic.
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Bitcoin cash is a continuation of bitcoin as a peer-to-peer e-cash item. It is a split from the Bitcoin blockchain ledger, which is an upgrade of its consensus rules, so that it can better expand and develop.
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