yes, never take a short decision or judge cryptocurrency just because of a weak market situation, isn't the price of cryptoqurrency fluctuating? so I think this is normal. although almost all altcoins lose their value, that doesn't mean they will die. I am optimistic that the top coins will continue to grow and show their highest value again someday.
The cryptocurrency market is very volatile. Prices can rise at any time and at any time decrease and this is a normal thing in cryptocurrency, for me we have to do is how we can survive in any situation in cryptocurrency, do not be too fast in making decisions and do not take too much risk , it's better when the market is red not to rush into buying coins and looking for coins that have a great opportunity to be able to make a profit. |
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I think in any goverment they can't replace fiat money, so difficult to change a national currency to be crypto. There are many program cashless with their own currency in every country. I think they just addopt the technology, remember that high volatile cash in value can't be accepted by people.
Cryptocurrencies are created on the principle of decentralization and anonymity, but all governments want to control cryptocurrencies to protect their economies so that they do not now recognize cryptocurrencies. But I think in the future, when blockchain technology is widely used, every community will create a type of cryptocurrency, which they can control, to represent them. In my opinion the government wants to control cryptocurrency because of several factors. One of them is so that cryptocurrency does not interfere with the dominance of fiat money and also to get taxes from cryptocurrency transactions. I think the Government will recognize cryptocurrency sooner or later because technological development cannot be dammed by anyone Yes, the government must be able to control so that cryptocurrency does not interfere with fiat money. And I think if the government cannot control this there might be something that becomes a problem in the exchange rate and maybe slowly the government will also begin to understand the development of cryptocurrency and slowly be accepted by many people. |
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The crypto market is not constant and always fluctuate from time to time. Through this series of fluctuations crypto traders make profit and also suffers some losses in their day trading. Cryptocurrencies are volatile and so never expect the market to be always up all the time, there is surely going to be some lows too  . the existence of demand and supply on the market greatly affects the price. supported by rumors, news, and speculation that circulated, enliven the analysis techniques to predict price developments. full of surprises and unpredictable things, so don't miss information or you will lose. We know that the crypto market will always fluctuate daily, and right now, we see that the crypto market tries to move again. But still, we need to be careful because we don't know what will happen later. We can analyze the market so we can predict what will happen although we cannot get the right situation and condition. We hope that soon, the crypto market can be back to the high price and we will see the next bull run. Everyone in cryptocurrency certainly expects that the market can recover and improve. For me personally when seeing the market is not in a good situation it is better not to be too rushed in making a decision and not too greedy to buy more coins because the price is declining. Because sometimes that is precisely what makes us get failures from the investments they make. |
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With ever-declining prices on the crypto market since 2018, there has been a decline in the number of ICOs and the emergence of new crypto projects within the mainstream world. 2017 was believed to be the golden year of crypto and Blockchain technology as people invested massively across the market. Crypto startups, companies, and businesses have been largely successful since then. Due to the hype, we've seen many projects come up with a Blockchain solution for nearly anything in life. But the truth is that Blockchain is not needed for absolutely everything. It's today, and there seems to be a decline in crypto interest among people in the mainstream world. The number of crypto startups and companies have been reduced too. Does this mean that the crypto/Blockchain hype is finally over? Or is it still going on? What are your thoughts?  I think Crypto/Blockchain hype is not yet over. The market is just relaxing a bit due to the excessive hype last 2017. Once it bottom and new entries of great project and ideas regarding blockchain tech comes in, we can see another rallies of hype on the market. We just need to wait a bit and see this hype happening when these so called new sets of ideas comes in. Yeah it's just on sideway and calm condition, i'm sure there will be a time that people are hype again with cryptocurrency and the best thing to right now is preparing for that time by buying as much as we can while the price is still cheap. All we need to do is be more patient and not rush in making every decision. And when the price of coins on the market is still low this is indeed the right time to buy more coins to prepare yourself the following year and hope that 2020 will be a profitable year later. |
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If that happens, I think people who hold ethereum will benefit greatly from being able to replace bitcoin. But in my personal opinion, this is not possible because in my opinion for a long time bitcoin will remain in the top position and to be able to replace it is not easy and I don't think it will happen. And for me, these two coins will always go together for a long time.
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Those who said ETH did not have a good performance this year don't know what they are saying, look at BNB it's now trading at 13$, that is a very good altcoin that has a good use case yet still loses value from 30$, do not judge ETH because of price loses, all other coins are affected as well
Right, if you judge a coin from a price it will be very wrong, because the price of coins in the market certainly always goes up and down, and it's a very common thing to happen, every coin has a value and competitiveness respectively from all sides or lines, so for judging a coin, of course there must be complete research on a coin. The price of each coin can go up and down at any time because the cryptocurrency market is very volatile. And what we have to do in my opinion is not to judge which coins are the best but for me personally the more important thing is how we can look for opportunities or how we can make a profit from these coins, so determine the point when we will buy and sell coins and can earn the advantage of it is that we have to do it. |
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Sir, I don't agree with you, because I believe when an old coin reaches their all goals, they make new milestones, which is very normal and this is how the Ethereum, Ripple, Litecoin, and others are lives. Some new coins can give you higher profit than old coins, but new coins are not trustable to hold. You can trade them for a short time, but you can't invest blindly on them. When the golden time appears, you will see all the old potential coins' prices will go high first.
It is true that some new coins can produce higher profits than old coins. But, if we look at recently, new coins are not very profitable for me and there are actually more coins that have decreased. And to make a profit yourself, trading new coins is better in a short period of time and to be able to make a profit from it we also have to be smart to look for gaps or opportunities to be able to make a profit. |
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I couldn't hold it back any longer; as I have sold off my major portfolio because of Christmas celebration. This hold started from last year July, 2018 and now, couldn't hold them again as I have sell off my assets because of the pressure from the family members. After the sale of this asset this evening, I was perplexed as how much I just dumped, all in the name of Christmas.
What are your experience: positive or negative.
It is better to invest using idle funds so that if we have a plan for long-term investment, it will not disrupt our financial flows. Crypto prices always fluctuate and we cannot predict when prices will rise or when they will fall, but if we use idle money, we will be calmer even though the market is not good. We must distinguish money to be used in investing in cryptocurrency and also the money we use for our daily needs so as not to interfere with our financial situation because sometimes we invest into cryptocurrency without thinking about our current financial condition and will easily put money or invest money into cryptocurrency without thinking about it. |
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Very well said. Though Bear market hurts many investors but you got the point. It pulled up some very good projects. It's also teach us that we should be patient and wait to invest in a good project. And it's also point out the scam projects which is good for real investors.
Bear market teaches us to be more patient and maybe that's when we have to rest for a while or at that time we have to observe price movements in the market to look for coins that have a chance or coins that have greater potential to make a profit and although you could say the bear market makes investors feel that what they haven't done can turn a profit but I think if the coins we hold have great potential, we will get good results later. |
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When we open our wallets and find lots of tokens or coins that are worthless or not worth the price and some are not yet listed in exchange sometimes we feel like just removing them from our wallets, but I don't think there is a way to remove or delete them and for me it is not be something to think about, just leave the tokens and coins in our wallets and maybe someday these coins might become valuable and give us an advantage.
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Don't wait a little longer because you might lose the opportunity to buy at a low price. The best time for you to purchase in now because the prices might pump in the coming days. As for me, every price drop is an opportunity for us buy and gain a good profit in the future.
Sometimes when we want to buy the coin cheaper and hope that the price of the coin will decrease and we have prepared to buy it, but in fact it actually increases the price of the coin and we feel that we are waiting too long and too hoping to buy the coin at a cheaper price and when the price rises there we will think that not too long in making a decision, while the price of the coin can be said to be cheap then it is better to buy it right away. |
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By now every crypto investors should know that no coin is 100% safe either old or new, people like you are the backbone of these coins, even if they have good mind today they can go dark tomorrow
Indeed, no one is safe every decision we take will always have risks but what we have to do here is how we anticipate them or how we minimize those risks. Both new and old coins certainly have risks but for me personally I would prefer to invest in old coins rather than into new coins because in my opinion investing in new coins actually has a greater risk even though you could say the price is lower but the possibility of getting greater failure . |
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Why do people still fall victims to obvious scams? Especially on twitter people are still sending bitcoin to traders, no one is a perfect trader, do not send bitcoin or other coins to people to trade for you, its stupid and foolish idea Today a bitcoin trader on twitter exit scam and delete all traces off social media, i heard its about 53bitcoin, here is the link to the news https://coinnewstelegraph.com/bitmex-bitcoin-fund-manager-exit-scams-before-christmas/Pls stop, there is no such thing as easy money, its either you learn or you quit or else you will keep losing money They only learned after they got scam, they want to go through a hard lesson, and that is getting scam, these people still believe that there are easy money investing and trusting these traders without doing research, an important reminder to always remember at this point in time is always Do Your Own Research, scammers are getting better because people are very much into Cryptocurrency. Many people who want to get money or results easily so that these people or investors easily believe it and without doing research and armed with more experience they trust it and this is something that a scammer is looking forward to where they can get people or attract investors with ease and of course the scammer will not waste the opportunity. So, it is better for us to be careful in every decision and it is better to ask your close friends about what you are going to do. |
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Good idea you have presented here to avoid scam projects and help bounty hunters and investors to find out good projects. Bounty managers play a big role in preventing and finding out scam projects as they know more about the projects they work for. So they can discourage such scam projects by exposing them to the investors and bounty hunters.
It can be said that the bounty manager plays an important role in avoiding scam projects or projects that are indicated as scam projects. But I think scammers have their own way so that they can enter the cryptocurrency market and I think to avoid it is better than ourselves, how do we judge a project and not be in a hurry in making decisions. |
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Yes, we really need to protect ourselves. But it's not just in the real world but also on social media, let's not show off our trading profits, bounties and anywhere else. Let's not post this just to have likes on facebook and to be famous.
Because it can also cause you to be target by people who are interested in your money.
We must be silent earners, so that our lives will not be in danger.
Yeah, people who show off do create themselves into a target. Many scammers look for such people. Rather be clever and earn in silence. There is no need to let others know what you are doing and this is why I like crypto so much. No one needs to know what you doing or who is paying you. It is much much more private the fiat will ever be and that makes me feel much safer. If you rich better pretend you broke ^^ Yes indeed. It's better to be quiet or not talk much about what you get in cryptocurrency because sometimes when we make a big profit from cryptocurrency we start to become arrogant and show off what we have gotten and that is something that can lure people to do something bad thing. So it is better not to spit out what we have or what we do in cryptocurrency, it is better to play smart and let others judge us to get a loss but in fact they are misjudging us. |
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if there is a good project doing ICO, it also will not get much attention from investors if they do not support advertising in large media. because marketing like that is also very necessary. It's the same as IEO, even though the project is good, but not using a good and large exchange, it just won't help their marketing.
that is not a reason why ICO / IEO is decreasing from year to year. I think this is because investors are not so interested anymore in the ICO and IEO projects, so many developers don't want to make IEO / ICO anymore. in addition, many scammers also have this effect. I just hope that projects can re-emerge as the bitcoin price recovers due to the upcoming halving. You could say now this new project is very difficult to attract investors to invest, we know this is caused by scammers who then make investors hesitate to invest because they have experienced failures before and this is a natural thing if investors become hesitant to invest and then impact on other projects that ultimately fail because of not achieving softcap, maybe when bitcoin is recovered, new projects will be able to become profitable again. |
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Right now, we are in the accumulating stage so we should buy bitcoins as much as we can. 2020 will be a big year and I know that there are potential coins that will pump like crazy. Bitcoin and Ethereum are both cryptocurrencies that we should add into our watchlists. Bitcoin and Ethereum are both coin that ruling the cryptocurrency market so I know that these coins are the most profitable in the market.
Everyone certainly also wants that in 2020 there will be coins that pump up and have the potential to make a profit and it is true that you say that it is better to buy more bitcoin to prepare or for us to invest and hope that 2020 will provide a large profit, even though We don't know what will happen later but I also believe that BTC and Eth are two coins that will benefit. |
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Bitcoin dominance is above 65% which is something unusual since Altcoins started getting more interest from investors. It also seems that this percentage is increasing steadily for quite some time now. This is not surprising since Bitcoin was the most profitable coin in 2019 and people don't take the risk investing in altcoins anymore,they realized that Bitcoin is less risky as the price almost always eventually recover afterwards when it comes to BTC.
So what to do you think? Are altcoin getting boycotted,giving Bitcoin an increasing dominance from now on?
When compared to altcoin I think people will prefer to invest in bitcoin because if you see it often the price of bitcoin returns and it makes people prefer to invest in bitcoin because they feel that investing in it only has a small risk and we can see that lately the price of bitcoin is very low and it is a good time to buy more but that does not mean that altcoin is not profitable because I personally have several lists of altcoin that I think are potential. |
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Everyone keeps pointing to trading as the best alternative to earning in this bear market but my past experience about trading was bad and now i am willing to give a try again, can any one give me good guide? don't just tell me to find strategy without giving me any, teach me how to fish
I think you should learned first to control your emotion because when you're doing a trading sessions your emotion are mixin up that it was difficult for you too handle and it can influence your judgement, that was my personal experiences before my emotions is like a wall that block my better judgement. the second is those strategies study the charts and try to predict the imotions of traders via the candlestick just remember that losing is part of any trading sessions but don't let it destroy your will to achieve a better results. Well, emotion is something that you can't easy control but in terms of knowledge, if you have proper knowledge, that is when you will be having the control not only with our emotion but also in our actions. The reason behind being controlled with our emotion is because of lack of knowledge, so doing research would be the best action. Sometimes we have to be able to control our emotions to not rush in making decisions or rush in deciding to buy coins, because most people are too confident when they see the price of a coin falling and then they will immediately decide to buy it because he thinks the price will return ride. But without realizing it and without seeing or observing the cause of the falling price of the coin is a wrong thing and you can actually get even greater losses. |
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I also think so, but every crypto has its own function. It's a lot to say that the fore only Bitcoins survive this because Bitcoin is the King of crypto. But another altcoin I think there is also like Ethereum that works as a virtual machine that can run a peer-to-peer smart contract with a cryptographic cryptocurrency ether (ETH).
As long as many projects are still growing and people want to invest in them, it is certain that many will continue to grow new altcoins. although maybe later altcoin that can not develop by itself will disappear from circulation. bitcoin and ethereum will clearly continue to appear, because both have complementary functions for the growth of the new altcoin. so I believe not only bitcoin and ethereum are still there. Bitcoin and ethereum are indeed two complementary coins. I think these two coins are good coins or you could say coins that have greater potential to be able to give us an advantage compared to other coins. Not that other coins are bad coins and can not provide benefits but in my opinion, if I want to invest I will choose both coins. |
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