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Doranile432
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December 04, 2019, 06:36:10 AM
Merited by tk808 (1)
 #1

In red market its always a good idea to dump once you get the chance because many new projects are just failing even IEO projects dump after few weeks to month of trading but its still better to keep few coins because of tomorrow, no one knows what will happen for sure, but presently take out your profits as soon as you can, if this continues no new project will be spared and its thing that developers needs to start implementing something that will keep a coin or token at a good price, we are in dump season
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December 04, 2019, 06:59:44 AM
Merited by tk808 (2)
 #2

IEO and ICO doesn't have that much difference. They get a crowd sale for their project to be funded and after that, it's up to the investors and developers on what's going to be the next deal.

And for keeping coins, I'll choose to keep the known coins rather than the coins that are bound and potential to be dumped after the sale. Well, if this cycle continues, sale > pump > dump then the next thing would be investing to the top coins.

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December 04, 2019, 07:49:07 AM
 #3

Mostly, the only project that has real working products are the only one who will manage to come back even after this so-called dump season. I witnessed a lot of projects like this before. after their prices have been fallen, they suddenly managed to get on their track once their project is fully functional. From the start, you should know which project will you invest because if you invested in some random project, you will end up losing your money after this dumping season because more likely they will not recover after this event.

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December 04, 2019, 08:00:14 AM
 #4

Quote
developers needs to start implementing something that will keep a coin or token at a good price
Yeah good luck with that, because it's not as easy as saying. keeping token in a good price always involves capital except you have a really good project that people are anticipating and is really worth it to have otherwise no coin could get away from the dump of bearish market even bitcoin. maybe there are a few that are being pumped but most of them are low volume coin that can be easily manipulated.

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December 04, 2019, 08:00:35 AM
 #5

Yes, I absolutely agree to take profit when the time for selling comes.
I have been avoiding IEO for a long time, yes, even though many say it is profitable, but not for those who are late entering. Yes, it's more fun to buy coins or tokens that already have good prices and development.


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crwth
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December 04, 2019, 08:02:13 AM
Merited by CryptopreneurBrainboss (1)
 #6

I do think that there are other factors to consider when there's a bear market.
  • It could have been caused by political changes concerning a country or a government
  • When people can't support the price and needs funds
  • The short term psychology
  • and many others

That's what I'm currently practicing, getting all the profits, and being satisfied with what I gained and focusing on the reality that we need to be practical, especially when money is involved. It's not just projects, but certain groups of people should have to develop. The learning never ends, and companies shouldn't stop too. People should always be ready with what the market gives and be responsible for your actions as well.





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December 04, 2019, 08:10:58 AM
 #7

In red market its always a good idea to dump once you get the chance because many new projects are just failing even IEO projects dump after few weeks to month of trading but its still better to keep few coins because of tomorrow, no one knows what will happen for sure
Altcoin industry works this way. You must be ready to risk all your 100% of capital here unlike what bitcoin investments require. IEO is just a new version of ICO and expecting those exchanges to filter-out scammers is really a wrong assumptions from investors' side. Some crypto people speculate like 99% of altcoins will bite dust like will hit zero value over the time. This is because altcoins are getting their value from bitcoins and when bitcoin is finding its up-trend, altcoins are falling. So, if bitcoin will rise up in future then altcoin may value in single digit to zero satoshi.

presently take out your profits as soon as you can, if this continues no new project will be spared and its thing that developers needs to start implementing something that will keep a coin or token at a good price, we are in dump season
I guess most crypto adopters might have alright realized about the "season", that is the reason we are seeing altcoins are getting dumped even bitcoin prices are trading relatively stable. I am too afraid of my altcoin stash but I believe out of 25+ coins and tokens, if at least 2 to 5 coins survive and find pumping, I guess I will be able to recover my capital, let's wait what time is having to unfold for all of us.

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December 04, 2019, 08:54:48 AM
 #8

In red market its always a good idea to dump once you get the chance because many new projects are just failing even IEO projects dump after few weeks to month of trading but its still better to keep few coins because of tomorrow, no one knows what will happen for sure, but presently take out your profits as soon as you can, if this continues no new project will be spared and its thing that developers needs to start implementing something that will keep a coin or token at a good price, we are in dump season
But the tricky thing is about how to be independent of bitcoin. Bitcoin has already used as a way to determine the price of the coin. The developer must think about how to be independent of bitcoin. That will not give a lot of impacts even if you are creating a bunch of updates to the platform and the price of your token still follow the bitcoin's fluctuation. This is the problem that already faced by all of the altcoins. They wanna be independent but they can't. That prevents the developer from thinking about how to make it happen ( to prevent the dump).
I think it's an almost impossible thing to do that right now.
Just keep in your mind even various projects have used their formulas to leave from the bitcoin's domination

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December 04, 2019, 10:01:15 AM
 #9

In red market its always a good idea to dump once you get the chance because many new projects are just failing even IEO projects dump after few weeks to month of trading but its still better to keep few coins because of tomorrow, no one knows what will happen for sure, but presently take out your profits as soon as you can, if this continues no new project will be spared and its thing that developers needs to start implementing something that will keep a coin or token at a good price, we are in dump season

It is difficult to predict the market in its current condition, prices are still volatile and there are many coins whose prices continue to fall. If we look at the market value of the cryptocurrency market cap, it is still stagnant in the range of $ 200 billion and in my opinion in the past few months there has been no increase

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edmundduke
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December 04, 2019, 10:42:00 AM
 #10

In red market its always a good idea to dump once you get the chance because many new projects are just failing even IEO projects dump after few weeks to month of trading but its still better to keep few coins because of tomorrow, no one knows what will happen for sure, but presently take out your profits as soon as you can, if this continues no new project will be spared and its thing that developers needs to start implementing something that will keep a coin or token at a good price, we are in dump season

Crypto market is actually in a very good position. Right now most of the projects that were just empty promises are dying off, that is actually a good thing. It gives more space/resources to teams that are at least doing something.

if this continues no new project will be spared and its thing that developers needs to start implementing something that will keep a coin or token at a good price

Yes, like do actual development.



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Javi_Anibarro
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December 04, 2019, 10:51:39 AM
 #11

In red market its always a good idea to dump once you get the chance because many new projects are just failing even IEO projects dump after few weeks to month of trading but its still better to keep few coins because of tomorrow, no one knows what will happen for sure, but presently take out your profits as soon as you can, if this continues no new project will be spared and its thing that developers needs to start implementing something that will keep a coin or token at a good price, we are in dump season

Crypto market is actually in a very good position. Right now most of the projects that were just empty promises are dying off, that is actually a good thing. It gives more space/resources to teams that are at least doing something.

if this continues no new project will be spared and its thing that developers needs to start implementing something that will keep a coin or token at a good price

Yes, like do actual development.
Development does not guarantee us anything, look at Stratis. The price keeps declining without making any comeback these two years, what is the reason?
They never stopped developing the project, enabling smart contracts like others, scalable. But why the price keeps declining?
In bear market everything is on the decline without exception, which means sell your coin as long as you get the profit.

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o.ogurlu
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December 04, 2019, 11:03:14 AM
 #12

Altcoin prices have fallen quite rapidly this year. And the market is still more volatile. Investors have begun to choose older coins as a safe harbor instead new projects. In this case, new projects failed because they could not find enough funds. In order to change this situation, i think that the dominance of Bitcoin should decrease and the positive movement in altcoin prices should start again.
edmundduke
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December 04, 2019, 11:03:55 AM
 #13

Development does not guarantee us anything, look at Stratis. The price keeps declining without making any comeback these two years, what is the reason?
They never stopped developing the project, enabling smart contracts like others, scalable. But why the price keeps declining?
In bear market everything is on the decline without exception, which means sell your coin as long as you get the profit.

But it is still around, isnt it ? Look at how many coins/projects completely vanished. Most of the scammers made a bee-line out of the door. Theres a bigger chance that the projects that are still being developed are not scams and might grow into something.
Naturally you should take profit but what this bear market really showed is how over leveraged people were. People risked way more than they could afford to loose and even once they had money they had no understanding on how to preserve it.



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mirakal
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December 04, 2019, 11:12:26 AM
 #14

Or maybe just don't invest if you will just dump anyway.
The fact that you recognize it as a red market, it means we are in a bad market where investing for short term is not good.

let's admit it, majority of us are investing in crypto for short term return only that's why we are frustrated to see this long bearish market and we think of dumping. For me, I would not do that, if ever I have invested in the past, I will just hold it until the market recovers, then just sell.

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bonyaserg
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December 04, 2019, 11:42:52 AM
 #15

Personally, I think that now the cryptocurrency market is very unstable. And there is every chance to lose your money. And now it remains only to wait for the moment when you need to press the button in time and get a good profit. And not everyone has achieved success since many will lose their money. Now everyone must choose for themselves what they will do with their investments.

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crzy
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December 04, 2019, 11:49:25 AM
 #16

New projects will experience a lot of challenges especially if the market is down and its up to them whether to give up or to continue fighting so they can reach their goal. Its normal for a new token/coin to dump on bear market just like the coin whose on top, what important the most here is that their plan and their roadmap to keep the project alive.

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December 04, 2019, 12:43:21 PM
 #17

IEO and ICO doesn't have that much difference. They get a crowd sale for their project to be funded and after that, it's up to the investors and developers on what's going to be the next deal.

And for keeping coins, I'll choose to keep the known coins rather than the coins that are bound and potential to be dumped after the sale. Well, if this cycle continues, sale > pump > dump then the next thing would be investing to the top coins.

Agree. Never participated in any IEO cause I can not explain myself why on earth that shitcoin should pump. Logically, it should fall. Meanwhile marketmaking is only a temporary solution and there's no guarantee that it will work even next time.

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December 04, 2019, 12:43:52 PM
 #18

Most projects will never recover from this so called dump season so do not invest on useless tokens and coins, some coins with real use cases will surge after dumping season is finally over

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December 04, 2019, 12:55:13 PM
 #19

If the projects are successful, none of them will not be dumped, almost 99% of them are shitcoins. Listed exchange is not more important than the project itself. Even if it is listed in the good exchange, its price will increase for a few days due to the hyip, then again it will return to the deserved price. The only culprit is the project developers, the existence of a real use product is almost the only solution.

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December 04, 2019, 01:00:36 PM
 #20

Controversial advice. You never know what will happen tomorrow.
Yes, current market trends are more likely negative than positive if we are talking about the altcoin market as a whole.

However, many IEO projects released in 2019 show excellent growth compared to the rest of the majority of the market.
It all depends on what kind of assets at your disposal, the higher their liquidity, the higher the chances of growth.

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