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I know it's tempting but there is no such thing as next bitcoin and if there will be any, it will still take a lot of time. I get irritated when someone posts or talks about Eth or any other altcoin being the next bitcoin even though everything they say does not even make any sense.
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China is really well known for investing in technological stuff. If you search for top technologies in this period, surely blockchain is going to be always on the list. Sure, that is a lot of money that is invested by China but I think it will still be dependent on their performance. Because, any rich country can also invest that much into blockchain.
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I think IEO projects are more safe. But it will still depend on them whether they are going to pay the participants or the investors. That is the only thing that matters to me. IEO or ICO, they shouldn't run away and they must have the integrity. And I think there must be a platform that will identify or verify their legitimacy as a project.
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I don't think they could ever stop us from investing or buying cryptocurrency. There are a lot of people who knows how cryptocurrency helps their lives and also, I think we should find a way to convince or change this minds of these people. Because even though I know that they can't stop us, they will surely give us a hard time. I think this is all because of different illegal activities that includes bitcoin. We have to clear cryptocurrencies' reputation.
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I think there will be improvement on its price and other things that interact around it like exchange sites. But when it comes to price, I don't think that there will be a really huge thing will happen like in 2017. I think it will be just around $10,000 to $13,000. But I think it will still be a nice improvement.
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After what happened to binance, some will lose their trust on their platform but I think a lot of people will still stay. I'm not going to say that binance will lose it's rank as a top exchange site. But I think it is still on par with KuCoin. No one knows, maybe another huge exchange site is going to get hacked and there is still a possibility that it could be KuCoin. So I think choosing KuCoin or switching to KuCoin will depend on you.
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If you have free Bounty tokens, would you sell at a loss? It can have advantages or disadvantages to sell at a loss: to avoid more loss but also to realises losses.
Personally I would wait for a better overall crypto market and sell later, because it's a bear market right now. If price rises again you can make a better profit and get more money back per coin if you wait and sell later. Market recovery will be positive to many good projects.
What's your strategy to make most profits now?
Yes. Especially when the market is down and the campaign just ended. I just keep on selling because if the market is red, there is a high chance that your coin will also keep on falling just like the market itself. And it will only make your token less profitable. I think if you really need money having $500 in your pocket from bounties is already good. |
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Friends I ask everyone to notice the fact that when Bitcoin reaches the level of 6000$ - 7000$ there will be a change of the trend and the market will gain capitalization within 2-3 years at least 1 trillion $
I don't think we should focus within those 2-3 year mark. I think we should focus on what should we do now in this market situation. And for sure, no one really knows what is going to happen in the price of bitcoin and altcoins. In your speculation, I think $1 Trillion is going to be too much. |
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If you can't stand the risk, don't invest in a fundraising project, it's better to play safe in a campaign that has potential, although it doesn't guarantee success, but financially you have nothing to lose.
I don't think that's the problem. because all investments must have risks and I'm sure he understands that. but the problem is that now developers see investors like a pile of money. they don't seem to care, if the price of the coin falls. when they want to find funds they do everything they can to make investors interested and some even make lies. but after that they were almost the same as scammers. I find this true. I've joined a lot of projects where the people who invested kept on crying on how are they going to get their money back with a better value. Like they really didn't care about the risk you took on their project. And some of them were really promising projects but the coins kept on falling due to the lack of effort from the team. |
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I really don't have any high technology paraphernalia in order to protect my funds or digital coins. That is why I always store them in the safest sites possible. The only thing I always do is whenever I trade, I don't store it to the places where it can possibly get hacked. For example, exchange sites and I don't even let it stay for a long time in MEW. But having a thing like ledger is surely great.
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I think people who got stolen should still be responsible for their lost. Even though people say that an exchange site is one of the most secure or trusted, our funds is still our responsibility. And we should store them in a much safer place. Exchange sites are not wallets where you can put your money in a long period of time. We should still think of the possibility of it getting hacked. And I think it would not affect the market that much.
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Exchange sites getting hacked does not effect the altcoin market in many ways. I think it would only affect the exchange site itself probably the customers will have trust issues with the site especially when the exchange sites does not compensate with the people's loss. Exchange sites getting hacked is one of the things that we should become wary of to be honest.
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Yes, bitcoin technology and as a currency is different. Talking about bitcoin technology, it is different in how it is made because technically bitcoin is made out of technology and it is not like the current fiat currency that we are all using in real life. And as a currency it is also different because it has a really high value and it's price is volatile as well. And also, bitcoin has a huge gap to other cryptocurrency as well.
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I am hoping for another bull run however, no one really knows what will happen. The only thing we know is that this event already happened in the past but it's not going to be a cause of a good thing in the future. All we can do know is invest and hope. And also, luck still plays a role here.
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It's not that it's not a get rich quick scheme. There are times that it is an rng (random number generator) scheme where sometimes you will get lucky. There are times that I've seen people get rich just because they invested in something and they didn't really expect that it will boom like that. I think luck still plays a role here even though you've done countless research.
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2019 seems to be a new hope for crypto, because some developments will probably occur that year, for example Ethereum will soon fork as a refinement and as a means to increase prices, do you all believe 2019 will be better for crypto currency?
Do you have an article about this speculations? If yes, could you please share it with us? I don't know and no one really knows what will happen with the price. But I am also expecting a lot of developments for the cryptocurrency, especially for next year. Because we've been in this slump in these past months and I hate it. Plus the fact that I don't have any money in order to look for altcoins where I can invest. So the only thing I have right now are the bounty campaigns. |
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Ever since the market went red, have you guys received any tokens from the bounty campaigns you have joined? In my case, I haven't received any and I've asked the devs of the projects that I have participated in and they told me that they are following their roadmap and focusing on their product. Are you in the same situation as me?
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I totally agree with you that it could really go down to $1600-$2800. Since I haven't seen any signs of it moving forward to skyrocket this year. But I want next year to be totally better when it comes to price. Anyways, no one knows what will happen to the price in any time.
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I don't think you should be bothered by a 3 dollar increase in the price. Because during this market situation, it will be followed by a landslide and the prices will even get lower. This might be a good thing for other people hoping for the skyrocket to start but not we should focus on investing right now.
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