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I don't really know but for the last eight months we have been in a huge bear cycle and I don't think the bears are done yet. I will not believe we are entering a bull run until Bitcoin goes over 10-12k USD and even then this bull run has to be higher than the last one, so technically if Bitcoin goes over 15k USD I will believe we are in a bull run. Right now I think the whales are far from eating all their cheap coins and for the next few months, I just see day traders just taking profits from every opportunity they can and coin holders suffering through holding. I wish I could feel more optimistic but for now I don't.
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This is great to see the Pundi X team at work nonstop, promoting the growth of Crypto worldwide. I just hope to God the price manipulation stops so we can start seeing some growth on the price. Losing 80% of my capital worth on Pundix alone has been a pretty rough knock for me but I am confident maybe next year after they finish the bigger airdrop we might see the prices grow again and stabilize at some point. Also more and more xpos machines should be hitting the shops, then we will see token burning in action. Of course, in the beginning, it will be cheap to buy up the tokens as they will be really low priced, so more burning can happen, then when more xpos are being used even if the price increases, still a lot of burning can carry on happening, fingers crossed. |
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I used to trade a lot on Bittrex and I never really had any problems with it. It is very choosy about listing new coins, just like Poloniex used to be, maybe because they are both U.S based platforms so they might have much stricter rules for listing new coins and tokens than say the Asian exchanges are. Asian exchanges may also be more biased towards their own country tokens so Bittrex also has it's own agenda as well. All exchanges do I think quite frankly. I never encountered problems like having my money locked or coins or tokens hacked so i do think their security is top notch. Also their kyc process was really cool.
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If I ever earn enough to buy or build a property I would do it because owning a property to live in and not pay rent or mortgages would bring my living expenses down and saving money over the long term is like making money. If I had my own home then I would buy real estate to rent out as that would bring me passive income in and at some stage I wouldn't want to be working hard like I do right now. I would want to relax and spend time doing things I love plus looking after my health and Family. I would still though be involved in Bitcoin and Crypto but more part-time as a hobby.
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I wouldn't like to see Bitcoin go down too much or crash in price because that will bring a bearish reaction into the market then peeps will start panicking and dumping their altcoins even lower and we will see the coins everywhere bleed. So long-term holders will lose out even more of their hard earned and invested money. We have been in a bear run way too long and I want it to end now. I really want to see a big rally soon and hopefully, enter a bull run in the last quarter of this year. We really need the CBOE EFT approved that's for sure.
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I am currently only holding a little Bitcoin but wish to try to make the more long-term saving in Bitcoin. Right now I'm only surviving in this very bad and long bear market and have seen most of my portfolio wiped out. So this is what I'm going to do from now on. I will hold 50% of my income, over and above my living expenses in Altcoins and 50% will be in Bitcoin. This way I can use Bitcoin as a hedge. If also Bitcoin starts dropping then I will try to put the Bitcoin in USDT and then trade altcoins. I don't know if this will work but I would like to hold the best altcoins and bitcoin for the long term.
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Many MLMS and online businesses turned to scam, doesn't mean Rune is a scammer. If he was a scammer he would probably have done jail time by now. I doubt the Singapore Authorities would grant him licenses to run an exchange if he were a scammer. I think really you should find out the back round of those company owners that scammed and not Rune Evensen himself. Slandering one's character carries a heavy offense in some countries and you could be sued for that, so be careful before making such accusations. Will the exchange succeed or not or will the token price go up? Well, that depends on the traders and users of course. |
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They always say that the next ALL TIME HIGH will always be higher than the previous one. If you check the charts, all the Rally's have gone higher than their previous ones and they always go down around 80% to create the long bear market. I think now we are slowly getting our heads out of this bearish market, WE HOPE!, and if we do exceed our previous expectations, many analysts say that we will reach anything between 50k USD to 65k USD per Bitcoin. So we would need a marketcap of over two trillion dollars in the COINMARKETCAP Index to reach those kinds of numbers. Many say Bitcoin will 10 x from here in the Bull run.
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Thank you for this wonderful post. I have had to live with the biggest regret of my life, not selling off my altcoins back in January when they would have been life-changing for me at that time and now am down to almost a big whopping phat 0. The only comfort I have now is that I am still alive and as I started from 0, I might still have a chance to make it big holding one or two decent coins, maybe not this year, but in a few years down the road. I cling on to hope now for dear life but I still don't know if I am making any big mistakes but if my holdings do ever go up in a bull run, what little holdings I have left, I will certainly unload this time around, if I get that chance that is.
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Now the rich are leveraging their wealth into Bitcoin and it is the Whales that are manipulating and moving the markets, so yes, the clever traders and whales are making most of the money. Many of us little people got ousted and lost a lot of our gains during this bear run, us retail investors have been done in 2018. What gains many of us made in 2017 have been wiped out this year, so I could say the rich are getting richer, but some new kids on the block and clever traders have also become rich overnight almost. The tide is turning and the mega Rich are becoming the wealthier ones in Crypto now. Still, there is room for a few of us poorer people to win if we hold long-term some good picks.
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I found out about this project on coinmarket cap today bt I was very surprised to find it only on a couple of exchanges with hardly any volume to talk of. Can anyone explain to me why is it so hard to find projects like this get on exchanges in a relatively decent time frame? It looks like a really nice project to me and I would like to see it work and be on more and more decent exchanges. I like the name Beluga as well because it's a whale.  I will be putting this project on my watch list and see where it goes. |
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It all really depends on various factors. How much time you have in a day to put into applying for the airdrops and if those airdrops are worth your time. One question you need to ask yourself is how much value do you put in your time, in other words how valuable is your time? We often spend much of our time on wasted activities and this is what is the most important point: TIME + VALUE Once you have evaluated this, then you can decide if airdrops are worth it or not.
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I was wondering actually how much Bitcoin is lost due to people locking themselves out fo their wallets. It's like some Bitcoin being burned because it is unusable and lost forever. That actually reduces the supply and I think there should be a lost bitcoin wallet site where people can declare they lost their private keys so that we can find out how much Bitcoin is actually lost forever and can't be used anymore. I am so curious to know how much as been lost. I really feel sorry for those who lost their private keys, it's so disheartening, especially if it was anything over one Bitcoin.
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I think now in this bear market that has been prolonged, many people are on the edge and they need to pay bills and emergency stuff but don't want to liquidate their crypto holdings in case a bull run happens and their portfolios go up again. I am in this position now so taking out a crypto loan form a good company is a very viable option right now. I like the way MT wants to list on big exchanges first before it distributes our tokens to ensure more liquidity and not everyone just dumping on little exchanges to crash the price. Anyone selling under 5 cents would be out of their minds right now. It's a chance to get good innings on this one. Personally, 10-40 cents would be a good target if it gets on Binance, nothing less.
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Yeah that is a major development right now and I saw the Nexo token price go up with that too. I wish I had bought some a few days ago when it was still very cheap but I was busy and had a migraine so couldn't go round the exchanges getting my monies together to buy some up. I like the fact that there will be dividend sharing so you can get your loan and also earn dividends on holding Nexo token. It's a real win-win and I have no idea why some SALT members are being really nasty about the idea, especially when the SALT Admins left their own telegram group lol. They should be happy that someone is bailing them out. |
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I as a bounty hunter can only be patient while waiting for a decision on August 2. Hope that on that date do not experience the same problem.
Yeap there is a lot of waiting time lately to get paid for our work but am wondering will we receive our tokens direct to our MEW wallets or will we receive them in our Bidium accounts? I can't access the Bidium site at all of late, I only get a white blank page where the home page used to be. Are they changing things on the website is that why I can't see anything there now? When will we regain access to the Bidium site? There is an error that comes up first that says server is down. |
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My biggest regret is not buying a few hundred Bitcoin when it was only one dollar and thirteen cents. That was the price it was when I first knew about it but back then it all looked too whako for me and I didn't really understand it as everything back then was very basement nerdy lol. I will regret this for the rest of my life as I could have been if not wealthy, very well off and retired by now. I am fifty-two years old and still have to work seven days a week to put food on the table lol. I have to live with this mistake and it's so hard. |
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Everyone always says to buy the dip and buy when others are selling. The problem is when you run out of FIAT and are all in and holding, it is very hard to be greedy when others are fearful. Many of us are stuck as we have no spare cash to buy, but if I did have spare money now, I would try to get as much BTC as possible. Now it is retracing a little bit due to EFT announcement delays but we could see another impending crash soon if the EFT for the CBOE gets rejected by the SEC, then if I have cash I will buy Bitcoin and Altcoins.
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Apart from BTC, ETH, and more Infrastructure coins, I am looking at PUNDI X as my one good token for long-term holding, but it's great to trade in the short term as well, as there are good monthly cycles to check out and trade due to the nature of its monthly token unlocks aka airdrops. This project I also class as an infrastructure project to help bring mass adoption into crypto so I like it for a long-term HODL. There are just too many quality projects to list off the cuff right now.
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Thanks for informing us!! Coinexmarket didn't reach our Quality standards. We didn't went into a Cooperation. It seems like coinexmarket is full of fake Volume. I hope that with tighter regulations across the Globe, quality projects like XINFIN will not be victimized by dodgy exchanges and I also hope you ge tincluded in the good multi wallets like ETHOS. Also check out PUNDI X POS SYSTEM. Maybe you can also collaborate with them in partnership so they can add your token to their XPOS machines? That way people with XINFIN can instantly spend their tokens in stores or people can buy XINFIN directly through a retailer in the future too! This could be great exposure for your brand as well. |
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