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To my opinion we can use our money to buy some altcoins when they are still cheap like BNB or XRP, we can clearly see the price of these altcoins is increasing evenwhen we are in bear market, it is not too fast but very slowly and careful,i guess most investors have already invest in these altcoins when the market starting to fall.
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there are may altcoins nowadays and not any altcoins have potential for us to use our money in mining that altcoin because mining is not cheap, we need Pc hardwares and electric to run a mining farm, if the token we have mine bring us low profit or no profit at all, then we should not mine, rightnow, bitcoin and ethereum is one of the most popular crypto can be mined and still bring us profit, and with other altcoins we should buy.
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i guess holding to ETH will be a great choice now because the price of ETH is rising slowly but ETH is not suitable for a short term investors because is is very low and need patient to hold for long time, we maybe having a bear market but it will soon rise again and bring all the altcoins back higher.
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Hello, I have just found this website bitdeer.com, it should be a new cloud mining site with very good prices, they pay daily directly from official BTC.com pool. They should have direct partnership with Bitmain.
So, please, does someone use their contracts? It is still profitable? Or what about Genesis Mining?
Thank you.
I do not like to participate in such a program because it is often a ponzi model and it is very difficult for us to make money with it in the long run, the rate of that model collapses very high it can be easily said that cloud mining is no longer a good way to earn money because it has so small profit and most of the cases we dont have any profit at all, that is scam, so we should stop using could mining, we can loss money if we invest in cloud mining. |
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rightnow the price can be unstable and the market is being pumped and dumped whole the time, so i guess this market is still in very bad shape but it will soon better than before when the price can surpass 4k$ marking it can be rise again and get more attention from investors around the world.
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To my opinion, it has been a long time since i had Binance Coin and i am still having profit from BNB, since the day BNB is sold by Binance, it has risen its value from just 2-3$ to 17$ today, a huge profit for many years but i just want to hold BNB for long term, not to trade.
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i guess there are so many choices in altcoins that we can invest but we should only invest in old and stable altcoins with huge community like XRP, ADA or simply just BNB, they are top altcoins have high value in this market and can become better in the future, BNB is more special when it's belong to Binance Exchange so its future can be guarantee better.
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i dont think this bull is big enough to bring the market rise back because it can be seen just after a small pumps there are so many dumps after that, that means the market bull is too weak to hold the market , so unless these pumps can hold longer to break through the down trend, and the market less being dominated by BTC, we will have the chance to see the market rise higher than before.
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Many altcoins are really useless on the market, but the upper alcoins have always been necessary and have some sense of existence.
This is the fact that most can't accept and if they found out that the altcoins that are being called as useless are part of their portfolio. Let's take that fact and accept that most altcoins are really useless after the ICO or after being listed on exchanges. it is true many altcoins from ICOs are dumped and become useless just have been used for pumping and dumping, and because the investors prefer BTC to other altcoins, they have the tendancy use keep all their assets into BTC, not altcoins because BTC can hold its value better than altcoins. |
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we are getting out from the downtrend market, it may be a good time to buy some cryptos now, we may not know which one can really rise again in the future so buy as much as altcoins we wants, moreover, recently ICO and IEO is getting hot again, this will be a good chance to invest in new altcoins to bring higher profit in next few months.
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it will be impossible for anyone want to predict the price of cryptos, i think predicting the price of cryptos is very hard because so much things makes the price changes everyday and we can not find the informations correctly to get closer to the price we predicted unless we are whales who can control the market as we want.
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actually, investing in top altcoins are much safer than other altcoins when they have higher position and get more trust from the investors, however the profit can be small and the price is under control, so anyone want to have much higher profit will invest in not top altcoins.
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i dont feel like the market can keep rising anymore in this months because we can see the price is rising slow down, so we may not have much profit in these months but one thing can be sure that bear market will soon end and we will see a much better market in the future.
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if you want to buy an altcoins for long term investment this will be a good time because the price is so low making us so easy to afford many altcoins, but we must think carefully before investing because the market is not stable, we could easily loss money if the market fall again.
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For a long time, Binance has made Binance coin BNB become a really success exchange coin, and because of Binance is so famous and popular that makes investors want to use BNB for fees and becoming a value altcoin to trade or hold, so as soon as you buy BNB, we can always have the chance to have more profit in the future.
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usually we are only sell our tokens when we think we already have profit, but with ICOs token we can easily loss profit because the price can easily be dumped as soon as the token is listed, so you should sell your token as soon as it is listed or hold until the price gets back in the future as long as you think that token has potential to rise again.
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ICOs has been existed for long time and may of them has become top altcoins and many failed, until now ICOs are still running but the interests from investors are decreasing so most of ICO recently failed all the times, few of them are really success but we can see that ICOs are not dead yet and need more time for people to pay attention to ICOs again when the market recovers.
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Rightnow, we can see BTC and ETH have already been used in real life for payments despite many countries still banning cryptos, however more and more governments and people are using cryptos around the world and some countries has already using BTC as their main currency, this is a great news for cryptos showing that we can really apply more cryptos in real life now.
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