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Gonna pick up again... A regular event of rise and fall is completely normal
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I've always posited that Panic sell is one of the cryptoristics (crypto + characteristics) that differentiate a noobs from a pro....
It's a move your hardly catch a pro make. With time and experience I believe present panic sellers will outgrow that habit.... Other noobs gonna replace them though.... Lolz
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Of course yiu have observed right.... It's even worse with the airdroppers who do little or nothing to obtain these tokens other than typing out their account numbers on some forms. You can't totally blame a hunter who flips... His primary interest is most likely in the reward and not in the project... So he earns his reward and he checks out... Devs however, I think, can devise new ways of preventing massive dumping by bounty hunters... Some devs now lock bounty rewards and only release them in batches... So the tokens sit right there in the wallet but they can't even be moved out ... Until perhaps a time in the future when the project gets more stable... Bounty hunters help to expose ICOs to crypto related audience to attract investors for the project. No matter how promising the project may be, if the ICO fails, the project won't see the light of the day. Bounty hunters are very important in ICOs. But there is one thing am not happy about bounty hunters. They usually dump their coins at any price the moment it is listed on an exchage which usually drops the price of the coin even below the ICO price putting the investors at a disadvantage. I want to advise the hunters to hold their bounty tokens for a while in order to maintain a good price for the coin. We shouldn't forget we are all stakeholders
We can't blame those who do so because in the first place, they didnot invest in order to earn tokens from a project. since there's a tendency for the market value of that coin to fall, they'd more likely go for assured profit which is selling already before investors who hold. And such action makes the market value to fall even more especially if majority would do the same thing. Your premise is a bit faulty sir. Bounty hunters invest time, energy and money (spent on data subscriptions) before earning tokens. I'm supposed to be in bed right about now but here I am on BCT because I'm a bounty hunter... I'd however repeat that the reason for flipping is simply because the hunter's interest lies in the rewards which are the earned tokens rather than in the project itself... |
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One thing that's sure is that when btc Drops, many investors usually wanna get in and a good number will simply trade off their altcoins to join the BTCship...
Consequently there's a drop in altcoins as well
Again, only few alts are paired directly with USD on most exchanges... They're mostly paired with BTC and ETH... this is definitely another reason why a fall in either of these will be bad for altcoins generally too.
Oh its really bad I must say
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Don't forget that bitcoin is still the undisputed champion of cryptocurrency... The mere fact that it's the currency that is most paired with others for trade remains a string force that will prevent it from falling to this predicted level no matter the level of dumping...
Personally, I don't think it can ever dip that low
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Have your metamask extension installed on your pc before importing your wallet. There's now metamask extension for mobile devices too on Yandex and Firefox browsers. This is perhaps the only way to safeguard your Ether wallet against Etherdelta hack
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I have repeatedly said that even some trusted exchanges play some games sometimes to rid traders of their resources and investments. For instance, I have personally experienced a BOT trade on coinexchange... My btc and eth were used to purchase another shit coin at a very high rate and then sold off at very low rate. Guess what? I lost 75% of my holdings worth in that bot trade and nothing was done to rectify it since blockchain transactions are irreversible.
When dealing with new or recently-launched exchanges, be careful to withdraw your resources as soon as you're done trading. That's still the safest option.
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#proof of authentication
Bitcointalk Username: eadefemi
Telegram Username: @eadefemi
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Telegram ID: @lolac1884
ERC20 Address: 0x1fBE82A2A098e4b629a5F303821ebefb4F094d49
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Is it safe to import MEW account with Forkdelta and trade?  i am new to forkdelta need help and suggestion?? thank you in advance. From my little experience, I'd say that ForkDelta has been quite safer than EtherDelta in recent times. Safest options are: I. Have your metamask extension installed. Mind you, the metamask extension is now available even for mobile devices on browsers like Yandex and Firefox... II. Withdraw your eth or coins back into your wallet after successful trade III. Never forget to click on "forget"... Simply put, always log out before exiting the browser With these in mind, the risks involved are greatly reduced. Cheers! |
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Today Ethereum had an upward surge by 16% taking it from the sluggish 188 to above 200 benchmark. It has instilled a considerable level of confidence in many people and there are chattering in many quarters about Ethereum being on the path to a massive recovery. Do you share the sentiments?
I prefer to be cautiously optimistic buh I really think Ether holders can dare to hope again. The level of recovery in the last 48 hours shows that we can hope again Can I take a gamble? Okay, ETH to keep rising and to reach 250$ by month ending.... That's my off-hand gamble Pls don't stake on it though...  |
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Bitcoin faucets? As the difficulty in mining of bitcoin increases, the unreliability of faucets definitely increases too! Besides, faucets have always been time-wasting, even when reliable, the payouts are usually not corresponding to the efforts invested in terms of time and data The obvious answer to your enquiry is YES!!! |
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Considering that Panic sell has never qualified as a pro's strategy, then HODLing may be considered a worthwhile policy. But then again, the word 'good' is relative. What's good today may not be good in 3 months' time and a terrible choice today may be a life-saver in a matter of weeks. So, the strategy is always 'A little Panic-sell and then A little HODL'  .... It has always helped. Cheers! |
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Why is the cryptocurrency market falling today?All cryptocurrencies have fallen a lot this year.Does it mean that this market is going to end?
Boss, (sure, I'd call you Boss), there's no such thing as Market Ending for real. New coins are coming up steadily and new blockchain projects are coming right behind them. For real though, the dip has been really scary and at a point when ETH got below 200$ many holders reconsidered the HODLing principle, including myself. But then, we can't all jump ship at thesame time. Looking forward to the end of the year though... Let's see if some crazy stunts might happen again Cheers! |
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What's your opinion on buying new emerging coins that are not yet on top and cost less than 1 dollar?
How do you decide whether they have potential to grow or not?
Coins under $1 are best for long term HODLing. With a few hundred $ you can accumulate thousands of them and just go to sleep! In the long run, a single one of these coins have the potential to generate returns enough to recoup your entire investment. I usually advise noobs to just spread a few hundreds over a few coins less than $1 or even from $0.10 downward. Cheers |
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Why am I suddenly a JUNIOR MEMBER all again? I think this validation wasn't properly done. I hope this is corrected. Thanks |
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Losing your hard earned money on trading is one of the traumatic experiences that might happen to you. This is usually happen when you are so bullish on the coins you are investing. Here are my thoughts on how to redeem you from this kind of experience.  1. Acknowledge that you did something wrong There are no other ways to start the process of redemption by accepting the fact that you made wrong decision. You need to accept that every once in a while we do poor judgment. It is important; when this thing happens to us we are ready to humble ourselves that we committed mistakes. 2. Identify the problems
a. Lack of experience – I was a successful trader in stock market winning mostly of my trade. But playing here as a day trader in crypto is something new. Your success in stock market doesn’t guarantee you success in BTC. b. Playing aggressive – Since I have too much ego in my head I put all my money in one coins only. I didn’t consider altcoins to hedge risk from BTC. There are altcoins who doesn’t affect much by this massive correction. c. Didn’t follow my trading plan – Foundation of trading practice is to follow the plan you have originally set. Your exit strategy is one of those important decisions you will made. It composes of selling and cut loss strategy. 3. Courses of actions a. Never stop growing (learn the new market) – In every new things to we do it is very important to know our strength, weakness, opportunities, and threats (SWOT). Money is involved in every trade which make, which gives us reasons why we need to study the every aspects of cryptocurrency. b. Follow religiously your trading plan – There some trader who doesn’t have trading plan, in my case I have one which was not followed. Trading plan was based on your personal experience in trading. In time these plans was polished and test its effectiveness. If followed properly chances of success are increase. c. Never stop trading – If this single defeat dictates me to stop then the real loss will happen. These circumstances should ignite us to continue, make this experience to hungrier for success. d.Diversify your portfolio – Never do all in trade. These will gives you room for another alternative once the other coin doesn’t do well. Balance your portfolio composes of your well research coins. After careful assessment of my situation, I believe that once a trader will always be a trader. I may lose sometimes but will rebound harder and stronger.
Remember merits are perishable if not useTrading has always been risky because TAs and FAs may fail surprisingly. Investors lose way more than 2000$ in scam ICOs or Failed projects. The best key is to diversify investments wisely. Always DYOR and never rely on what others say. Go with guts... Once a trader, always a trader |
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Which tasks in Bounties do you prefer, there are many: - Bitcointalk Signature - Translation - Social Media (Twitter, Telegram, Facebook, Reddit, Medium) - Blog - YouTube - ... Which and why? It's best to get into as many as you can get into. Blogs and YouTube are often the most lucrative though. |
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Crypto not as widespread in African regions as it is in the western. I'm from Nigeria and I've only heard of one bitcoin atm here. I think crypto still has a long way to go before reaching widespread acceptance. Steadily, we will get there!
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