Bitcoin price jump in past couple of days looks good, the trend is increased every hour of the day. Not only the price, I can see that the marketcap is increasing bit high. The way Bitcoin performs now really attracts people who are outside of crypto and the traders in crypto who got panic last month to invest in it a lump sum amount.
I think this is the start of bull run for Bitcoin and it will prosper well in coming days.
Yes,I also agree with this because if bitcoin can continue to rise at this rate, the price will be very high by the end of the year and investors who patiently hold their bitcoin during the bear and did not panic sell will make reasonable profit.
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I believe at this moment of bear, the best decision to take is to hold your coin for as long as the market will recover because it is only after the market recover and the price of your coin rise that you will be able to sell and make profit except if you bought the coin low and you will still make profit when you sell, then you can sell some of it and hold the rest.
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I've seen a campaign with a newbie bounty manager is that really necessary? Do you think this campaign is not a scam? Thank you for your answers.
A campaign can have a newbie as bounty manager and it may not be a scam as long as they have very good ideas, manager, community. Before you join the campaign, take time to do a very good research.
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Yes, it is very okay to invest in ethereum because it is a very good coin, the second best crypto and the best altcoin because it has a very good technology and strong management and dev team. If you want to have ethereum, it is a very good time to buy because the price is still very low.
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Yes, I agree with you that rules are rules and they should be obeyed for you not to lose your funds. Before you make any transaction or invest in a coin or even participate in a campaign, it is very good to read the rules and regulations they give.
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Personally, my most favorite altcoin is ethereum. It has a very good blockchain that even icos adopt for their transaction, it is very secure and reliable. It has a good smart contrast and has very good potentials, it has a large community and it is also a potential coin for hold.
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With progressively positive voices standing in support of Bitcoin, it stays to be seen whether it will actually increase in value significantly until the end of this year or whether it will remain around this levels. What do you think about it?
I believe that before the end of the year, bitcoin will increase in value significantly and it will even get more demands than supple so that this will also help the price to rise. Bitcoin is a very good coin and I am sure that as soon as the market recover from the fall and the market become more stable, then the price of bitcoin can grow very fast.
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For me, it is bitcoin because in cryptocurrency, this is the most potential, the best and also the most valuable coin. It has good management team, good blockchain and it is also the oldest and most trusted coin in crypto.
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In crypto, you can own as many coin as you want as long as they are potential coin and has promising feature, you can buy them but it is also good to a have atleast small amount of bitcoin because bitcoin is a very potential and most valuable coin in crypto and the price will still grow higher than it is now even if it is low, this is just for a temporary period and it will still be high again. If you have spare cash and you really wish to have bitcoin in your portfolio, you can buy it now and hold.
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Yes, correction is very good for a market because it will help drive away some bad yokes and normalize the market and I also believe after the correction, there will be positive increase in the price of bitcoin and other crypto.
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For you to know icos that are scam, you should take a very good time to read the whitepaper, study the website structure/roadmap, check who the developer and management team are and there past history to know if they have good remarks and then the community. If all this are clearly stated and there is no doubt, then you can invest in the project and I think it is good to invest while the ico is still on than buying on exchange.
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I think it is better if you do not put it all in ico, you can invest half of it in potential projects your are sure about after doing a good research and then invest some part of the other half in altcoins that have very low price and I think this is a good moment to buy some as the price has fallen then hold the rest.
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For me personally, I believe in the next five years, because of the very good potentials and features that ethereum has, the price should be within the range of $5000-$8000 though I am sure it will still go through some corrections.
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It is expected to happen since there is no trusted bounty manager involved and i do avoid ICO bounty that is not runned by a 3rd party because they can change payments and reject participants whenever they want.
I also agree with you because in a project that doesn't have a bounty manager or a trusted one, the company can decide to change their rule at anytime and also reject participant who have taken their time to promote the project when it is time to get reward, this is very disappointing and next time you want to join a bounty campaign, take time to make sure it has a very good manager and it is a potential one before you join.
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I have read an article by a facebook official who claimed that they are also seriously looking into blockchain technology and its implementation into their platform, so i think steemit cannot take place of fb for many years to come, fb has millions of users and that is what makes it above them all.
Yes, I agree with you because they are two different thinks entirely and the more people use facebook, the larger it becomes and this is a platform that is needed for promotion of a project because it has a large crowd and it is also very easy to spread a news there as long as it is well written and marketed. Steemit cannot take place of facebook in future because facebook will continue to grow and they will also appreciate the blockchain technology.
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As we can see that it is already mid July and the market is still not recovering yet from the bear and the price of bitcoin and ethereum are still fluctuating, but I am of the believe that before the end of the year, the market will recover and the prices of coin will also rise.
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For me presently in crypto, I believe the best exchange with less risk and has very good support for crypto is binance. It is safe, secure, fast and also has a very large trading volume.
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My plan with my altcoin presently is to hold for as long as the price is high enough for me to make profit and I will not be greedy about it and I also wish to buy more altcoin especially in this period where the price are low and I will hold them till they are high and the altcoin I hold presently and I and sure they are of good potentials are ethereum, neo, eos, litecoin and some new rising coin which I believe has very good future.
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Yes, I believe that holding is the best thing to do this period and I also believe when the market recover, the price will go up. I think there are many reasons why the market is like this and one of them is price manipulation and also news that happens around the coin, with positive news, the price rise because people invest more but with negative news, the price tend to drop because people sell more due to panic but I am positive that the price will rise before the end of this year.
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I will say yes that the crypto market will go up again and even higher than it was before the fall because this bear is only temporary and the bull will set in soon and as soon as this come in, the price of almost all crypto will rise and more investors will come into the crypto community thereby expanding the size and price of crypto.
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