I have been wondering within myself why does this always happened?
Any time the price of bitcoin drops the price of other coins also drops. Is this something true?
Or maybe I am the one making a mistake here?
If I am right, then what is happening?
Why is the price of bitcoin inversely or directly proportional to the price of other coins?
So far the answer is yes. I mean all of the market goes up when the price of bitcoin goes up and when the price of bitcoin crashes then the price of all of the coins in the market goes down, that goes to show that they all follow the price of bitcoin. All of the altcoins get their value from the price of bitcoin, this is why we all need to be supporting bitcoin |
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The best way for you to find good icos is for you to look into the coins that you are interested in, make sure that you familiarize yourself with the project and what they are all about. Make sure that you look at the roadmap for the project and the whitepaper for it. Make sure that you know what the money thtat they are raising is going towards, that will help you find out the good ones
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I am currently doing the z-pop signature campaign and believe me when I say I searched a lot to make sure I got a good one and this is one that you should be joining. They have a professional campaign going and so far the project in general looks like they are good good and they are making good time so you might want to look into joining it
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hello, I woke up this morning and checked the charts and noticed that on poloniex dash crashed like crazy and immediately recovered, does anyone know what happened?
That is how it happens sometimes. This happens in all kinds of markets when the price of a commodity goes down and then back up in a matter of hours. This is nothing to be bothered about, it could just be someone selling off their coins making the price go down and then someone else buying the coins making the price of the coin go back up |
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Well your wallet is where you keep your coin safe and it always important to protect it
One of the best way is to protect your private key never give it out to any one even if it's your mentor that is very important
This is for new guys like me
Absolutely, giving out your private key is the worst thing that you can ever do as you have given that person unlimitied access to your wallet. The best way for me to store it is to write it down, somewhere that no one can get to it. So in the case of your computer getting hacked you do not have to worry about the hackers getting their hands on the keys |
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It stops when there is a recovery in the price of bitcoin. The truth is that all of the coins are following the price of bitcoin at this point which means that they are going to go back up when the price of bitcoin starts doing better but not yet because I do think that this bear market still has a long way to go before we can be sure we are going out of it
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The best altcoin to buy still remains ethereum, now the price is down which means that you can buy the best altcoin in the market for a pretty cheap price and that to me is a steal if you look at where the coin has managed to grow to in the last couple of months. With that if you are buying altcoins to hold for the long run then you should buy ethereum.
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Just wondering if ya'll have a typical formula you go by or a certain X percentage profit or loss.
I've been playing around with coins for just under a month now. $23750 total investment and currently up just under 10k in profit. One of the coins (IOTA) has gone up about 288%. Obviously it would suck if it crashed but it would equally suck to sell if it continues to grow.
Just wondering what a lot of you folks do. I'm considering investing another 25 or 50k into coins. Ideally I'd like to net 15k a month off them but I know that may not be realistic on a monthly basis.
I do something that make sure that i am never in conflict about the time to sell my altcoins and what I do is that once aI buy the coins I make sure to write down a price I would be willing to sell for after calculating all of the price and the profits that I am expecting to make from the coin so when coin hits that price, I sell without much contemplating. |
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There are a lot of factors that constitute to this. A lot of people are not risk takers and would rather just stay in their own bubble and enjoy the money that they get from their jobs without having to risk anything. While a lot of peoplw who are interested in investing still think that the coins are some kind of scams so they are scared to put their money into it
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I noticed recently in many telegram groups that there are people posting messages trying to contact admins about listing their token on their exchange. This is a new type of scam that is actually trying to lore newbies who might be desperate and want to have some sh¥tcoin that they are holding to get listed. Once the newbie contacts the poster of the scam exchange message then they will try to get information about their wallet; etc.. People don’t be gullible; if someone is a representative of an exchange they know how to get in contact with the project via email or other methods. They will not go into a public TG room to try to get a listing. That’s just absurd and we should all be careful of such scams.
Thank you for posting this because it seems now with each passing day there is new type of scam being shelled out to scam people of their coins. We should all be careful when it comes to the kind of coins that invest in. There are a lot of scams which are hiding under the guise of airdrops and the likes on telegram and they are ripping so many people off. |
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It is because it is something that has not being seen before and they have seen that so many people have made a lot money from it and once people see something that they can make a lot of money from they tend to go crazy about it but now all of the excitement has died down and it is only the people who are ready to invest in the coins are the ones left
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It is hard to combine the trading activities with normal life which is why you have to be dedicated to trading because it takes up a lot of your time. It takes as much time as a full time job even more at times. You need to make sure that you are always looking at the market so you do not miss the best time to buy and sell the coins at the best prices. |
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My favorite ICO would have to be the z-pop ico, that is the reason that I am doing their bounty campaign right now because I want as much coins out of the project as I can. I think this is one of the icos that you are not going to end up regretting when you invest in it, there is a lot of potential for you to make a lot of money from the coin.
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As a newbie, I should know the risk point of investment in cryptocurrency. Could you please share your views so that I can gather some knowledge about the risk factors??
Thanks in advance.
One of the most important risk points when it comes to investing in cryptocurrencies is that there is always the risk that the coin is going to fail. That is one of the greatest risks. The coin could get delisted from the exchanges that they are listed on which would leave you with coins tat you have no way of selling off and taking your money |
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You can just look out for the important things in the project, things like the whitepaper and the roadmap are very important when it comes to the coin as that shows you what is going to happen with the coin. Then again you have to make sure that the team and creators are really the faces that they have been putting in front of the proeject.
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Hi everyone, I am wondering what's your favorite way to cash out from crypto world? I'd like to know your experience and which platform you prefer.  I use luno to cash out, they are easy to use and the exchange has a very nice user interface that makes it easy to sell the coins. There are some that you can withdraw the money straight unto your card but I prefer that my money goes into my bank account. I usually convert my coins to bitcoins and then sell the coins on the exchange. |
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For me the strategy is easy, invest when the coins are low and everything is in the red like now, hold the coins, make sure that they are secure and then when the market goes up, sell the coins. Hold the profits, wait for the coins to go back down again then repeat the entire process again. That is how I make sure that I am not making any losses.
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is any way to earn a lot of coins and tokens free
please suggest me because i want to earn
IF you want to earn free coins then what you should be doing are airdrops and bounty campaigns. Even though you are not doing bounties on bitcointalk you can always do the social media bounties and other types. You just have to pick the one that is most convenient for you and make sure that you gather enough stakes. Once the bounty ends your stakes are calculated and you get your coins. |
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You should always be willing to wait as long as it takes if you ever want to make any profit from the coins that you have invested in. It is better to wait for the bull market before selling any of your coins. Never sell in a bear market when the prices of the coins are down, once there are better prices, higher than the one you bought the coin for the that is the time to sell
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give your opinion why altcoin cheap price?
is it time for us to buy altcoin?
why every mid year altcoin is always cheap.
The price of altcoin is cheap because the price of bitcoin is down, now there is not a lot of money coming into the market which means that there is not a lot of demand to keep the coins going up. That is why the prices of altcoins are down, once there are more investors putting money into the coins then you will see the prices of the coins start to do better. |
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