As any person I often make wrong decisions and realize it only after a while. At the time of the decision, it seems to me that I'm doing the right thing. Perhaps I make such mistakes due to the fact that the crypto currency market can not be predicted for sure. But anyway I always analyze my mistakes and fix my strategy with any new experience.
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Yes, I'm very careful about projects that I plan to invest in. I study any aspect - the team, the idea, I read the WP and try to evaluate the overall project potential. I am fully confident that my profit depends only on my decisions.
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A few months ago I would advise you to wait and continue to keep your tokens, but now I'd like to dump them all while BTC will cost around 7800. The situation has changed a lot, and I prefer to fix small losses rather than lose 80% of the deposit.
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Crypto currency can give us freedom if it is implemented in people's lives. But governments can easily prohibit such an implementation. That is why government agencies and the crypto currency should find a common consensus in order to develop together.
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Most likely you are right. But not everyone is ready to accept this opinion. Many people hope that the market will go up soon. But today I see no reason to grow. I'm sure that now we have to look for ways to earn money in a falling market.
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Please tell me, its getting on my nerves already. I lost 40% lately on stupid moves and i need to recover. Is it safe to invest back in alts now. What can we expect in next 1-2 months. Anybody has a glass ball? I see green candles today. Can it be next bull trap or the market is recovering now?
Don't be discouraged because of losses. Be calm and take a rest, think about how much experience you've got and make conclusions about your strategy, fit it to the market conditions, make it more flexible. BTW I think that the market is not on the bottom yet.
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There should not be any reason for the market drop during the bear trend. The market develops according to its rules, which say that there can not be constant growth and a constant fall. That's why we see a wavy graph for a price of any coin.
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The peculiarity of the crypto currency is that you can buy any number of coins for almost any amount. That's why, theoretically, you can invest 1 dollar in any coin. Practically crypto exchanges have limits and fees for deposits, withdrawals and trading operations, so I'm not sure that you may make an order at Binance for less than 10$. The main thing is that you must understand that such investments can be considered only as skills development and gaining experience and not a source of income.
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It seems to me that we shouldn't expect a strong growth, but use every opportunity to earn coins even with the current saw-like market. It requires a lot of patience and trading skill so don't waste your time and study trading basics properly.
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The best crypto investment right now is bitcoin, with all the great benefits and advantages that can make our lives more colorful and prestigious. Our luxuries can be met by bitcoin investments.
Good question. But it is very difficult to answer, because the market is constantly changing and you need to be flexible in order to make a profit. Sometimes it is really more advantageous to buy bitcoin and wait for good growth, but my favorite way is investing in alts. ICOs are very dangerous especially during a bear market trend.
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Yes indeed, each person develops his own personal strategy of holding coins. Last year I had a strategy whereby I bought 10-20 different coins and kept them for several months. This brought me a very good profit. It's obvious that such strategy doesn't work during the global correction. Nowadays I use only short/middle term trading to earn $$$.
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Alternative coins have become very synchronous last time. Their falls are very similar to each other and of course they are tied to falls of bitcoin. But we must be able to use this pattern. Most probably it's the consequence of market manipulating.
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Yeah, your fears are justified. The market is not recovering, but sometimes it shows a good growth. We should always use stop losses during trading, because it save us from big losses.
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The author was right and ЕТН really reached a very high price till the end of 2017. But I'm fully confident that we will see such a high price again in the near future. We must remain calm and this thread will be relevant once again.
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I don't think so. I've seen so many interesting projects that are designed to improve society. And I believe that someday the time will come and altcoins will become a part of our every day lives. That's why I don't consider them all as a scam.
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There were many more people who believed in the crypto currency and the fact that the market will grow actively in early 2018. Now it is difficult to find bitcoin enthusiasts, who continue to believe in crypto currency after such a prolonged fall)
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At the beginning of my participation in the bounty, I, like all the novices, made a lot of mistakes. Send reports on time. Late for the day. Error. Read the bounty conditions carefully. Not enough posts. Error. Check the terms of the project. The bounty has already ended. Error. Register, check. Site, telegram, google-form. Oops. Error. And many others. In order to receive profit from the work of the bounty hunter, you need to be careful. And patient. The first adequate arrival from my work appeared only after 3 months. And while this is not a comparable amount with what the old bounties get. What is this post about? About patience. About attention. About perseverance. If you decided to participate in the bounty, be careful. Check and double-check yourself. Do not be lazy to see the bounty conditions again. Once again. They are sometimes changed. Be persistent. To avoid mistakes, you need time. If you came here, try. Study the project, its product, the team. Develop your profile on the forum. Read, ask, write. Do not grasp everything at once. Take a drop. 10 good projects can be more profitable than 90, taken just like that. Be patient. Do not expect to buy a car tomorrow-a week, a month. Here time is your ally. Having received the first tokens, do not bother to sell to the stock exchange. Watch the market. Where the movement is going. What are the forecasts. Having fallen into a state of panic and hurrying to sell the first earned coins, you can miss a significant profit. Attention, persevere, patience. In my opinion these are the qualities on which your future profit is held. Yes, persistence and calmness are very important for every investor and trader. In addition, you need to take into account the general state of the market before deciding whether to sell or buy alts. I agree with you, and I'm fully sure that any newbie should realize the importance of crypto currency and understand how to use it.
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I don't have any favorite coins now. I like bitcoin because this is the most important coin and I like ETH because it is the most convenient coin to use. I'm indifferent to all other coins and use them only as a tool for earning. My favourite trading cryptos now are TRX and XRP.
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The price of ethereum is seriously down now but we have to be optimistic that by the end of 2018, the price of ethereum will go high and its possible to go beyond $2000.
I think that it's pretty possible if the entire market will turn around and go up. We must not lose faith in the fact that this will happen, despite the fact that it's difficult to believe today.
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At the moment we can not fully live without banks and governments. Most of our common payments are made through banks in a centralized currency. Unfortunately, we can not buy products and pay for many services using crypto currency, but I believe that we will have such an opportunity in 5+ years.
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