Major institutions have been pouring massive sums of money into it while publicly rallying against it, and the CBOE is on the verge of getting an ETF approved. This is just the beginning.
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Holding only may not do much good in this market, you need to keep making some good trades too. Overall it's definitely quality of a trade over quantity that matters most in growing your portfolio This is because we cut losses quickly so the gains that do happen need to be good.
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Cryptocurrency market cap dropped this week from 300 Bilion dollars to 292B thats why see the Altcoins market keeps bleeding in general except for few couple of good Days in a week. Market will start recovering fully in coming months.
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I think bounty hunters are very selective when it comes to investing in ICO and ratio is very low in comparison to other investors. Most of the hunters like to invest in top altcoins which are already listed on exchanges and have a high trading volume.
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I agree with your no. 1 reason. This is the biggest reason for 0 stakes. Many bounty hunters don't even bother to read the rules and when they realize that their stakes are 0, they would start complaining everywhere.
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I still have high hopes from ETH. It is still the first choice for ICO investments and almost all BTC accepting merchants are now accepting ETH too.
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Every time any ICO finishes and get listed on an exchange, we hear a lot of complaints that bounty hunters are dumping and the price is dropping because of that. I agree with the suggestion that to resolve this problem they should pay bounty hunters in ETH.
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One could say we had a nice resistance line to be watching and looks like bulls are trying to break above. The good volume behind it on smaller time frames so let's see if bulls can get some follow through tonight.
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It depends on the coin and how long you want to hold. Most of the altcoins will fail or not deliver enough profit so holding is no guarantee of success. Btc is something else. If I look back which altcoins have been promoted here a year ago and which are now it's a totally different list.
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One of the most important goals is mass adoption which is a long way to go and also have many issues like longer transaction time, fluctuations in fees, high volatility in price. All these would be resolved over time of course and then we can finally say that bitcoin has reached its goal.
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If you want a balanced portfolio then you should invest in altcoins. Just make sure to select from top altcoins with bigger marketcap, popular product/service and a great team behind it.
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No need to totally give up on Airdrops but it's better to look for legit projects and companies and be very selective when participating because it isn't worth our time joining countless airdrops as most of them are not going to have any future value.
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The entire crypto market is ripe for disruption by the institutional money. They already started pouring in, but once the faucet opens up more, there's no stopping the inflow.
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I think Crypto is now looking more like the stock market, like a normal market, where every day stocks move up and down, some correct, others loom. Just like with the DOW and the NASDAQ, when they correct, so do a lot of other stocks, when they pop, same thing. Similar to what we see happening in Crypto with BTC. There is nothing dangerous in that.
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You really need to grab them before the major announcement. They always pump as soon as the news hits and almost always tank afterward. If you are genuinely interested in the project right after it dips after the listing would be a good time to jump in.
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Most of the altcoins are ready to pop. However, I don't think BTC going past $8K level at this try. We need at least one more touch on the 50 DMA, and perhaps this would provide enough momentum to break it.
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Airdrop is a good strategy to get free advertising of ICO, gaining a large user base for all social media accounts and telegram etc. in a very short time.
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It is the resistance price, that's when majority of traders sell and short, but when it breaks up and there are more people willing to buy and hold at 7500 then it goes up to the next resistance line which I think is around 7800 for now.
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