Bitcoin Forum

How do you see this kind of market? Do you collect, or maybe "invest", if such thing could be said for this topic? Do you think, that implementing crypto-transactions, you might be more safe against scammers (and there are a lot of those on coins market, trust me). I haven't tried that. But that might be interesting to consider - cryptobased coin-trading platform, or app.

You mean the market accepting new coins? Sometimes new coins get big pump with multiple times, making huge profits for investors.

All these three are thumb rule to stay safe in the cryptocurrency marketplace. First investment whatever you can invest and try to make some but check the potential coin and then go to invest it.
Next hodl, this always a thumb rule for have the fund as safety but sometimes you find the value at cheap price going fall more means you can find it.

Is there a way to predict future pumps though? Or is it just pure luck?

At this time, investing is preferred. For you to be rich in cryptocurrency, you have to put your eyes when the price has gone down. Investing in such time is always profiting because price might have touched the buttom and getting ready to leave the bear mode.

Collecting and investing is quite similar, bear market are supposed to be the stop light of investors to choose short term coins, and is better to buy and hodl long term coins such as bitcoin,  ethereum or in other terms the top five coins in the market. If bear market last for a week then an uptrend will come after it just like up and down but do not know when.

First investing, It is a choice and a life plan decision and study/learning process to know if the company/ICO is helpful and reliable to life time investment.

Getting more and studying more about a certain project can increase knowledge especially when in relation to cryptocurrency, in other words knowing and learning is my way to know and learn from it.  Also in connection with marketing strategy I got to know and learn more when to chill and see when to hold and buy and sell also when will it be the right time to make a design.

People have different approach on the current market. Invest maybe not the right term for me but Im putting funds on my preferred coins I preferred to trade. Anyway even you collect datas, information or advices here, it's up to you how will you deal on it.


Scams are always there no matter how wonderful blockchain is.

I think the first investment, this is a very good decision to plan a more advanced life and learning process to know and know whether ICO and cryptocurrency are very helpful and reliable for good investments in the future.
I can learn more about certain projects that can improve my knowledge, especially those related to cryptocurrency, I also try to learn with marketing strategies when I need to know when buying a lot when prices go down and sell at high prices.

No, there's no way to predict future pumps unless you join a pump-and-dump group. Usually though if you follow news of that coin you investment, you may have a idea as to when they going to release some development and this sort of news might pump the price later. Just look at how XRP has been pump in the last 2-3 days because of the Xrapid news.

Predicting when the market is going to go up is something that is very difficult, technical analysis alone is not able to give you that information because technical analysis only takes into consideration the past and tries to look for patterns in the movements of the cryptocurrency that you are watching, a way to try to protect a pump is to look at the fundamentals and see if an important news is about to happen, if you are able to time your investment correctly you could catch the pump.

And i'm guessing i have to trust my own voice of reason when listening to those "advisers"? Because i'm sure that there is probably nowhere you can find a 100% guarantee of some info being right.

I saw this project in https://icobench.com/ while surfing and searching for a good project to be in, or to invest in . Wondering if this is a legit one cause the uniqueness is quite amazing which is first islamic crypto exchange. For me, this is such a good kind of rare coins that need to observe. Based on the icobench.com info about this one.

ADAB Solutions is developing the FICE – First Islamic Crypto Exchange, based on the norms of Shariah. As a result, the implementation of the ADAB Solutions project will create a global infrastructure, that operates on the principles of Islamic finance, and the community that regulates the development of Islamic crypto-economics. ADAB Solutions will solve the problem of halal cryptocurrency transactions, providing access to the cryptocurrency market for the Muslim Ummah , which accounts for 22% of the world's population and manages Islamic financial assets with a projected volume of 3.8 trillion USD.

When I decided to spend money to invest in cryptocurrency, I was researched on several coins that I thought were potential. My benchmark is in 2017, all we know cryptocurrency have experienced a significant price decline, by looking at ATH last year I was able to ensure that every investor will be back if the market conditions stick up. I selected several altcoins that had prices below $1 and last year that altcoin had ATH above $5 and I had bought as much as I could, and save it for long term investment.

It's nearly no way to predict these pumps, new coin has no point to analyze, and there are million of newborn coins per day nowadays.

There were many coins was at the cheap price on 2017 starting and after that end of the same year all the coins will be grow more for sure.

Really wanna go with the good coins now but all the complete market goes bigger in the growth or etc...
I suggest,

ETH
ETC
EOS
TRX
NEM

These coins will be helpful for you.

There is nothing called "pure luck," but you must be convinced that the market can not be predicted 100%.
The general rule is that the market is affected by supply and demand, which means that anything that changes supply and demand will affect the price.
The news is a way to control the emotions of others and therefore their decisions and then supply and demand.
So tracking news may give you correct predictions.
As well as your experiences.

Buying when the price is down is correct. But leaving the bear market is hard. The whale pushed the alt coin in the bear market is frequently occurring. Do you think the coin you just left will increase when the whale enters

This one doesn’t make you any more safe, it’s still the same as it is out there, you will still get scammed. In fact, none of them are safe. You know, there is one thing with some other platforms, it’s much safe for buyers. As for cryptocurrency, I think they make things safer for the buyers. I was once scammed while using cryptocurrency and there was nothing like a chargeback, so all I could do was say goodbye to my money.

Well for me, when the whale entered on the league, it will be a game changing scenario. They will manipulate the price by using some multiple personality, what I mean is,  they will wake up the sleeping altcoins and promote it by continues buying and selling on different exchanges. So the altcoins will be active again and looks in demand on the bear market. If you have enough fund like crypto whale, there will be a lot of changes for sure.

There is absolutely nothing like predicting future pumps, as the only thing you can do in the market is to pick the lows based on some criteria you feel they ended up meeting and being patient enough to wait for it, which is what a lot of people tend not to have anyway.

There is also nothing like pure luck, unless you just get to see the market you are holding do hugely well in a very short time and what matters in most of these scenarios is just to know what you are doing at every point in time either as a trader or as an investor.

If we know how to swim in a line with whale, we will harvest everything we want, but the market is hard for us to do that thing. Simply, we just die.

Coins will be worth as much as they are used, and every coin will have a certain amount of money to counter inflation as well.

Investing is always the most preferred way to go when it comes to any bear market. People tend to get scared away from bear markets, but investors always see it as an opportunity to always buy the dips and be patient for the long term as you would not miss it at the long shot of it as long as you are picking the bottom. So, in most cases, it depends on how everyone is picturing the market and the opportunities they are seeing from it, which means it takes being smart to be able to make good market decisions.

Yes, the worth of a coin is being decided by its application in real world and not definitely due to being rare. Probably OP is denoting "rare" in terms of demand, i.e. when there will be more demand then a coin will become "rare".

Investing is preferred at this time because investing on low price will gives you high profit at the end. But select the potential coins to invest that is the main thing. Coinmarketcap.com is one of the best site to list out the best coins in the market, get into it and choose the best coins now. Pick as many coins as you can.

And that is the right thing to do, many of those advisors do not really know what they're doing, I have seen those shows that deal mostly with financial information and if you take the time to check information that they are giving and see the result that you will get if you followed their advice you'll see that you will lose a lot of money if you did, so it is better to rely on your own judgment instead of following the judgment of someone else.

Investing in 'rare' coins is close to gambling most of the time. You either get a pretty solid reward from buying more obscure coins and selling when they happen to rise in price organically or through a pump, or the coin continues to stagnate or drops lower in price. I've tried this in the past and failed, though that's just my personal experience and I know those who have succeeded using this method, and I've always gotten a better experience daytrading more popular coins or simply buying and holding a more established cryptocurrency like BTC.

study crypto and coins in depth and you will get them good for investment, but for beginners it is impossible to fail in the market and be patient, if possible hold for sufficient time so that the price improves so we get a good profit. never be greedy when on the market because it's not useless

sometimes it's great to invest in rare coins or very unusual projects, the truth is it's an adventure to see what you can get from them, once you invested in a super crazy project and make a profit of 20% it was not bad, you never have to underestimate a project, we can always get something good!!  :D :D :D

Rare coins? they are rare and no one uses them so I won't spend and waste money even a cent on them. I know there are times that type of coin is pumping due to some hype but I won't still bought. Some will say that its just a few bucks of money that you have to spend and the return can be great.

No, it was not like that. You have to wait and be patient for you to have that return.

They just dont care who will use them, they just want to know how is pump and how they get more money as well. In fact, sometimes there are several coins pump in then fall back few weeks later.  :)

Its difficult to say how rare coin market ups and down but starting year 2000, the prices and the market for rare coins seemed to stabilize a great deal. I believe the invention of the internet had much to do with this. The market for rare coins was spread out significantly due to access, and the supply of rare coins didn’t overwhelm demand, as it had in the past

It doesn't feel beautiful if we talk about rare coins, isn't the existing coin still feasible for us to exploit its potential because their existence's clear and has 'real communities' as supporters behind it.

We've never how those coins become valuable in the market in fact I've never saw it uses in the community but it have a good market price.
I may think that it's creation serves for a big role in the future, as the right time were crypto become widely accepted in all establishments either small and big companies.

Well,  you never can tell,  Mankind have always been an explorer and it's this exploration is what makes him discover hidden potential. It's through this exploration that we came to know the importance and potentiality in Bitcoin.
All I'm saying is that, to some investors giving it a try won't be bad after all. They might just invest little in it,  to give it a try and know what might  will be the outcome.

I think the best thing to do know is investing. Although we all know and aware that the crypto currency community is full surprises, challenges and most especially risks to take. So if you are a risk taker and ready to lose what you invest, then a good strategy will come into your mind being you a calm investor ready to face the way of life in investing.
Whatever you do, there will always be some changes that might happen along the way. Scammers are not something that you can say to avoid from you. It is already been a part of our current community. They are just anywhere we cannot determine.

Crypto transactions are much secured with blockchain secured system. Everyone here must be well aware of protecting themselves from scammers and hackers. Crypto platform is the best one to trade and the current market situation is much supportive for day traders.

But, based on what OP said about being safe from scammers by using cryptocurrency, I don’t think that is right. Take for example that you want to buy something online, cryptocurrency is not going to keep you safe and any money you lose in it is gone for good and there is no way for you to recover them. So, it’s all that safe, you just have to be careful on your own.

Investing in rare and unknown coins is a lottery! You can win a lot, but you can lose. The chance of winning is very small, but if you have intuition, it makes sense to invest in this adventure a little money, but only a little, so you do not feel sorry to lose them!

Its better to Hold than to join in any investment scheme. As much as you can afford you should buy coins and decide to have it for a long period of time. It's better not to place your coin in any platform that doesn't give you the full cost control of your funds, better to have it in a secure wallet that provides you the private key like Hodler wallet which is the only open source multiwallet.

Sure new coins almost all the does that at the time of being listed newly and very many times, they still come down crashing before some stability if they are real. Those are the times to offload and buy in again.

You are right on new coins pumping when newly listed but it occurs most often in the era of bullish runs it rarely happens now instead the coin becomes worthless immediately after listing, although you can rule out some few of them that get pumps in some occasions due to fundamentals or other reasons.
Back to OP assumption that cryptocurrencies transaction is well secured yes of course at some extent but its well confirmed that cryptos transaction is irreversible hence you have to be extraordinarily careful in your dealings.

I collect coins at the most of times. But it happens when I cash out some money when I'm short with finances. Also I invest in cheap (for now) coins when I use to earn something nice in online poker.

What you say isn't wrong in exploring the potential and benefits of rare coins especially for those who are considered real investors. But you need to know, that studying the development of rare coins certainly not enough one day and the culprit requires a more comprehensive analysis in carrying out it, because we cannot see the results in just a day.

Yeah, I agree. There are a plenty of new coins that we can get a huge profit from them, but we need some luck and to know the best timing for investing. Moreover, we need to be careful when we invest in new projects, because they can be scammed and we can lose a lot of money.

It gets to the situation only when more people sell but the rare market if the coin happens when more people buy, demand rises so the price rises, patience is the key for it, we will have to keep patience when price falls and sell when it will rise once again, now a day in market the most well known and most valuable coin is only bitcoin.