Do you think that any altcoin is worth investing in?
Please give me your ideas.
Thank you..
Whether it is worth or not depends on future market movements, and to find out so that you have to analyze and find a lot of information, many new people often make this mistake by investing in a place where they do not know how the market moves, they only just follow what someone say which who might not know. I myself feel that altcoin investment is good and sometimes it is not good depending on the market itself because we know that cryptocurrency is fluctuating. |
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It depends on who was first distributed, but if for investors I am sure they will think repeatedly if they want to make a token dump market, unless the investor has benefited when selling.
Based on my experience, if the token is already listed then they only put a little volume then bounty hunter who only get a small allocation want sell and that causes a decrease. Even though the bounty hunter get small allocation that's making dump because when the dev listing only gives a small volume and the rest is how crypto users are interested in these tokens to rise volume.
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I don’t mind that a lot of people are everyday here. Our trying to be rich is clear and the majority of us are ready to make crypto our fulltime job. Of course, it could not be so easy at the beginning but I am sure that the amount of participant on the cryptomarket will be grown so much in the future it just needs in becoming more popular and so many organizations will lose their employees because of crypto. I think that it is the one more reason of crypto’s being banned. Are you ready to give up your job to be here or not?
I understand what you mean, but making money in crypto is not easy, especially in the current market conditions, did you make a lot of money this month? about the companys or organizations being scared because employees switch to fulltime jobs in crypto and that is because crypto is prohibited? for me this doesn't make sense, because competition in crypto is also very tight like real world job, crypto also has a big risk. |
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What do you think will happen with the cryptocurrency in the future?
I am just positive, maybe in the future there will be many new users who can turn this bearish market into a bullish one, of course with the potential that exists on the blockchain and cryptocurrency. It's just that if the market is still in a bad condition and the bearish never turns into bullish, then I think cryptocurrency will continue in the downtrend and I don't know how much the cryptocurrency (bitcoin) will go down. |
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From what I have seen so far in this forum and other crypto platforms, most of us want fiat eliminated. But let us not forget that there are still situations whereby we can't use crypto except fiat like in rural places without computers or even internet facilities.
It makes no sense if fiat has to be replaced, unless each government has found a currency as a more profitable fiat replacement. why today some threads are discussing about replacing fiat which in my opinion has no accuracy and the reason is not yet reasonable. Fiat will still be used as usual and so far no country has reported that it will eliminate fiat let alone replace it with another currency. |
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I have read several threads that say "fiat will die and will be replaced with crypto" as you agree? I personally do not agree. because when the real system is already established in value and a new system comes with a fluctuating value, the government will not take that risk. But do you agree if Fiat collaborates with crypto in building a future financial system? without killing one system. share your opinion about this.
Argue that it's okay, any government at the moment won't replace fiat with a fluctuating currency, as you say that a fluctuating currency will cause a lot of risk after all, so far no government will replace FIAT for crypto, that's just accept or legalize cryptocurrency as done by Japan and Japan and not replace. |
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It can't because in my opinion based on logic, cryptocurrency is even unstable, especially regarding some of the disadvantages of bitcoin, although it could be to help GDP in a country's economy but because the value in bitcoin itself is unstable it can actually add to problems in the economy.
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If you had 10000$ where would you invest it? I'm hoping for 10x in about 2 years, how would you personally split that money? There are so many altcoins that I dont know which to pick, I remember the top 5 altcoins from years ago and now they are all gone, so should I only invest in BTC end ETH or others like NEO, ADA and EOS?
The lng-term investment is better to choose a cryptocurrency that has a large volume and is at the top of digital coins, at least in the top ten. I myself prefer EOS and BTC but for others now I don't know because the market conditions are bad. |
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Crypto fluctuations are very risky when applied in the business world and that's why only a few of the real stores accept this payment, if someday business opportunities by receiving crypto payments can advance and increase profits, then I'm sure many of the real stores will adopt it and we need to wait for that moment. I can't speculate much about fluctuations or legalization.
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I believe it is!
What do you do to relief trading stress? Do you have any alternatives?
As for me I stopped trading for 3 months and play blockchain games. Now I feel myself better!
Indeed sometimes trading makes me very stressful especially when the market is bearish and I am experiencing losses because the coins I bought fell. And to overcome that I often do my hobbies to look for a positive aura so that I can make better decisions. |
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We are seeing more and more exchanges nowadays. Is it beneficial to the community if we have more of these? What do you think are the benefits and/or the negative impact on having too many exchanges?
In my opinion the advantage of having an account on many exchangers is that we can more easily make arbitrage and it is easier to monitor the market conditions because each exchanger has a different volume on all coins. then the disadvantage in my opinion is that it is only more difficult to manage it. |
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Many beginners want's to become a trader, but they are skipping the process and start looking for an exchange as much as possible without knowing how to trade well. Trading is not that easy, it requires a lot of research, and analysis treat trading as your Job!
One of my friend asked me about the current exchange he is using, and what coins to buy so he can make profit. Well, I don't give any advice regarding on this one because for me if you want to make profit you should know it on your own. I just give some advice that if he really wants to become a trader, go take the process, learn more and you will see what coins to buy especially during this bear trend.
How do you see your trading activities? Are you just here to buy and sell or you are here to have more good coins and hold it until you make profit?
I really agree with you, many of the beginner traders skip what is called "process" so they are very difficult with the current conditions and end by asking for advice on coins that must be bought, even though that process will make them more able to face difficult conditions to make a profit. My trading activities are more about selling and buying when I get a good profit, I am not very brave enough to continue to hold on because in my opinion the current market doesn't support this. |
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Hello traders!
I would like to know how you started trading? Any interesting articles,
videos or guides that you found helpful before you started?
Can you share your opinions and experiences please?
There is a youtube video about learning cryptocurrency trading that is very interesting and easy but I forget the channel, the point is you really have to collect coin information that you are looking for or at least have the latest news about coin listing. My advice here you need a mentor to direct you because of his experience, in my opinion at this time you need more experience, try going to group trading and asking for advice from those who have been long in the field of crypto trading. |
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I have tried the leverage trading system on forex, this is a high risk if you try it on cryptocurrency, let alone bitcoin fluctuations where value changes can occur in seconds, I recommend trading normally without this system, 500x is quite crazy and this is gambling.
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Serious discussion please.
Obviously some alts can have significantly bigger gains than bitcoin when it comes to long term and bull runs, the last bull run from 6k to 10k for example, sure bitcoin was strong, almost a 2x but some of the top alt coins did more than a 2x even 3x. However that's only long term.
Short term I don't see any reason to trade anything other than bitcoin, especially knowing how little volume some of the other coins have, even top 10 alt coins, for example stellar only has 33m volume. So my question is, what's the point of trading stellar, for example, instead of bitcoin? You know that even if you are a whale and trade a lot, you wont be moving the market as much, if you have 1m and you trade stellar, that's already huge and we all know the 33m volume is probably not even real, a lot of it from bots trading.
It's also much easier to follow bitcoin because, well, the whole market follows bitcoin. Bitcoin dictates where the market goes.
For me personally the reason I day trade coins other than bitcoin is because of the profits, even though you say the entire market follows bitcoin here only the bitcoin movement is not always jumping and also sometimes has to wait long to jump, so altcoins are another alternative for me to look for jumping and profit . Although indeed are a big volume it is very decisive when day trade even though there are many trading bots, but I am not too concerned about this. |
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Hi all,
I am a relative newbie but have remained pretty calm during the difficult last week or so. The markets are falling significantly again, is this still relatively normal and is the best advice just to HODL? Moving forward I think I will set stop losses on all holdings to protect my capital against falls like this.
Thanks
I suggest not to think about HODL if you are in doubt, my advice is that as long as you get a good profit, then sell it, as you said the fall in value is very significant and there is no good growth or news in the future. I suggest to secure your funds first and wait for there to be a good signal for the end of this year. |
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Hello...Friends
Today lots of ICO's running Online and most of the ICO based on the ERC-20 platform. Why?
Maybe because the first ethereum platform is the most superior platform, the second I heard in making ERC20 platform ethereum is the most feasible, although I think there are still cheaper ones, but for the feasibility of saying ethereum above. |
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Softcap is used for the minimum cost in developing their products, I mean it is normal if a project does not reach the softcap then it will not further develop the project they make, and for all projects the most important constraints are funds. I don't really want to comment on or blame what is in the project, be it a developer, team or anything involved in handling their project.
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Recently there have been several news about Etherum falling or bitcoin dumping or more still an altcoin dying
The truth is newbies are been deceived to sell cheap or buy expensive
Newbies need to work and trust their research power and not be intimidated by any news
cryptocurrency is like that, as a beginner before you make a decision you must really understand cryptocurrency, indeed we can also learn from experience but in the cryptocurrency industry we are not always in good or lucky condition, we also need more knowledge so as not to be deceived, because many users are now easier to manipulate with whales and more easily panic. |
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I don't comprehend anything, what's going on in the market now? I trust that the bitcoin course will settle at around $ 8k on the grounds that today I can't help suspecting that such costs won't be long, purchase individuals since that won't occur once more.  Frenzy offering incases you don't comprehend is simply offer as only an offer. It is presently called freeze offer since financial specialists maybe are terrified that in the event that they continue holding the coin, it may continue dropping. This sort of offer is generally caused by a negative data against the coin. How it influences the market is that much individuals start to offer and few or no one makes a request. Thus in light of the fact that there are no requests, no one requests for a purchase, the value continues jumping.  What you say is the thinking of lay people, in cryptocurrency a lot of coins and users not only offer but also demand and if you see coins other than bitcoin you will definitely find more demand. Then regarding the sell panic I suggest not to do it because if you think like a whale then sell panic is the main food for whales to get coins at lace prices. Jumping value is a common thing in my opinion in the cryptocurrency industry. |
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