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I will say that my biggest regret in crypto was not joining the community and investing when it was very cheap and selling almost immediately I invested because the price fell and I was scared of loosing my money. I should have be patient to hold because the price increased the following week. Now, I know the value of patience in crypto.
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Personally, I think the best way to manage loss when the market is down is to continue holding until the market will recover as that is the only time to coin will rise to a reasonable value and then you can sell. If you have spare fiat,you can buy more at that period because the price will be low and if you have a coin that you do not really trust the potentials, you can sell and then buy you desired coin and hold.
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It is very good to know when to buy and sell in crypto because it is very volatile and unpredictable and you should not blame yourself or feel frustrated about the issue because the price is still rise and if you are patient to hold, you will still make profit. Secondly, you should invest with your spare cash ad do a very good research of the potentials of the coin you are going to invest in before you buy them.
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Many peoples say hold long term.But I can't think good coins for long term,Because this market is now very problemeble.What are the good Altcoins to HOLD Long term? Any suggestions? Thank You.
I will suggest you invest in ethereum as the most potential, NEO, EOS, litecoin, ripple, waves. These are very potential and good altcoin and they are also good coin for hold on long term. They have good technology and management team that support the system. |
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Both Ripple and Litecoin has been doing greatly in the market of late with litecoin even outperforming other digital currencies at some point.
between the two, which one would you invest in and why?
Both coin have promising potentials, they have good technology and management team and they are also good coin for hold but I will invest more in litecoin because it is more stable and promising than ripple because ripple price increases very slowly. |
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Hello guys please can we share our view as a successful crypto trader how do you cut your loss short??
I think as a trader, you need to first have very good strategic plan and positions of how you want to trade for you to cut you loss short, you should also know when is appropriate for you to buy and sell and you should also have very good technical analysis skill. |
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I will recommend bittrex and poloniex because they are also very potential exchange sites and their fee is low, they are reliable, safe and also have fast transaction speed. They also have very good trading volume.
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Whenever I see that token I invested in has a lower price than I bought initially, I do not need to panic as long as it is a very good project and also promising, I will only keep holding it or sell half and wait patiently for the price to rise back before I sell because I know the price fall is temporary and it will surely rise as long as it is a good one.
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With this amount that you are willing to invest in altcoin, I will suggest you invest 80% in ethereum and NEO because they have more promising potentials than other altcoin and they also have good technology and team. You can then invest the remaining 20% in EOS or litecoin.
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Why not both? The concept of smart contracts/ICO/erc-20 mixed with POW/POS/PO-X blockchain iterations isn't exactly new and some projects have already done this. It makes sense to do something like this where you include various technologies so that it is more interesting to several interests. Think about it, not only do you get investors that have their eyeballs on new ICOs but you could also reach a wider audience of people who may mine POW or otherwise purchase coin assets on exchange markets.
I also agree with your suggestion but I think he you need to first state the idea of the project and analyze what will be done for you to achieve your aim because it is mot just about starting an ico but how potential the project will be. |
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I would not say it is really dangerous because investing in crypto also involves some risk as it is volatile and unpredictable, you do not know what may happen to the coin the next day but if you have potential altcoin with good dev and management team, you can invest and hold term for long term because they will yield goo profit. That is why it is always good to do a research about the coin and know if it is potential for hold before you invest in it.
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Collective Contributory Concensus
Using musig to create a master threshold key m made up of k contributory keys. You then broadcast a transaction but require the master key to sign aswell and since you need majority keys to contribute for the sig to be valid if it's constructed you know that majority have validated and committed to it being valid u using threshold s. You then just sign utxos without any blocks needed since a constructed sig already proves consensus. Key distribution can be done to as many independent actors as desired. Given propagation time of 0.2s a hop you can get concensus for 5k nodes within 2.5s. boot strapping can use the same system to do a utxo commit every few 5m allowing full current state verification knowing the majority of the network agrees.
Just a thought
I really do not get your point from this, can you take time to explain in detail your point so that it would be very clear to all because I do not see this as a good way to market a product as it is not clear. |
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Weldone, this is very good piece especially for investors and newbies who find it very difficult to choose a good ico to invest in, I believe this will really help them in a long ways and also serve as a reminder for all investors as it contain vital information to look out for when choosing a projects if the steps are followed appropriately.
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If Bitcoin is king of cryprocurrency, then Ethereum is the king of all ICOs ,do you agree? Stella,neo and no other blockchain has hosted ICO than Ethereum.
Yes, I agree strongly with you that bitcoin is the king of crypto and ethereum the king of icos and other altcoin. Ethereum has a very good blockchain technology and a good smart contrast that ICO use for their transaction, it is also the most valuable, potential and the most dominated altcoin because it is safe and reliable. |
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Yes, I also believe 2020 will be a very good year for crypto holders because by then the price for most coin would have risen to a very high price and those that have bought and holding patiently for long term will be able to sell and make large profit.
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Yes, you are very right because it is more profitable to buy as much coin as you can with your spare cash this bear period and hold them till the market recover for you to make profit. Be patient not to sell at loss this period because you will sell at low price.
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Well, icos can be profitable if you are luck and patient to find a very good one with promising potentials and you can invest in as much as you can but I will like to suggest that you should also try to invest in some stable/potential coin because as long as you hold this ones, you are sure to make profit because the price will rise more than it was when you bought it.
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Be patient because the market will go up very soon before the end of the year. Though the price of some coin maybe fluctuating now but I am sure when the market recover from the bearish period, the price will rise and also become stable but for now, let's all be patient.
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Yes, you have to be very strong for you to make good profits in crypto. No matter the condition the market may face, be patient and hold you coin so that when the bull starts and the price of coin are increasing, you can also make profit on your investment.
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In my point of view, the ICO's tokens which are recently the list of Exchanges grow very well compared to already existed altcoins. What do you think about it?
Personally, I disagree with this suggestion because the reverse is the case and even altcoins that their price is low id due to the market condition and it is only for a temporary period. Most of the icos token even dipped more than altcoin and most of them will still dip more even when the market recover from the bear and the price of altcoin rise. |
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