Someone ask me, why is the crypto price continue to dip?
My answer is simple, most crypto enthusiasts are low income earners. They all need money during this period to do shopping and buy stuffs
So, the preaching of hodl does not have impact on them. They need cash at this period. So dip must continue until February...
Those that have the strength and confidence to buy more at this point too are middle income earner, they don't have enough to pump the price.
Meanwhile those that have enough to pump the price are still watching on when to buy, they have the money and they are willing to buy at the lowest price...
So, crypto will continue to dip at least till after New Year celebration.
So, don't panic, the price will continue to dip...
My opinion though.
you right most of us really need money. and also hodl doesn't have any impact for many people, but I'm still a hodler. I have same wishes with you and I don't think crypto price will go down further. I hope crypto immediately reup to ath again. |
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Do you thing Cryptocurrency can last forever?
What is the reason behind for Cryptocurrency lasting forever?
How can we make people belive on cryptocurrency?
ah this is a question that cannot be answered, the future is not something we can easily to predict. I think it will continue to exist because one day the financial system will start using data |
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Is it a bad time that i joined now , recently here in cryptoworld? When i visit to market, all i can see is red graph
crypto has never always experienced green graph and also doesn't always experience red graphs going up or down it's normal, I don't think you entered in a bad time. if you want to enter and study start from now if you always wait then you will always be left behind |
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they not only panic on the market but they also panic on social media and create an FUD from their conversations and also influence other friends and it makes every person he knows sells his assets because of that the crypto price always down.
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of course, everyone and the crypto enthusiast will definitely buy top 100 coins for a long period of time
I think investing in the top 100 is still risk, it will be safer to invest in top 50
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you're right quit investing is stupid things,
the current price is very low and it is great to buy some coins if you have a lot of money it would be better if you invest 30 - 40% of your money into crypto.
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I don't feel hate KYC, why should I hate KYC? as long as I get paid KYC or whatever I will do that.
but if the project does not get a minimal fund raise (Softcap) I will not take my payment because I will definitely get very little money.
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I hope it will came true because we all feel tired seeing the market conditions that always go down and the volume always decreases. but many of us will experience fear during market conditions like this and I think there will still be a lot of people leave from crypto
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Those people who are interesting in new era technology and want to earn more money they choose cryptocurreny because by crypto you can do business anywhere in the world.
I guess not everyone understands the technology used by cryptocurrency, I agree more if people just want to get money from here because even if we cheat on cryptocurrency it won't get a big problem. |
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pump is currently only temporary and price will immediately down in the following bad news.
we cannot be happy when ETH or other coins go up because as we see the market is still bearish and it is not a good thing to become a holder.
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no, it's not, the success of the project is not determined by money raised from ICO.
currently the success of the project is determined by the demand in the market and also the real product of the project.
BTC = no ICO
ETH = Yes
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Market downturn is probably one of the main reasons why ICO projects can't last long and joining their bounty program is useless and a time waster. Due to the fact that the market goes into nosedive, ICOs are forced to cash out some funds in order to survive. However, it is not enough which is why some of them decide to cancel their ICOs and return the funds of the investors. It means if you have promoted their ICO way back then as a bounty hunter, your time and effort was put to waste. You might be given tokens, but dormant and unusable.
Been there, done that. I have experienced a lot as a bounty hunter in which all of my hardwork (even some stakes are average to high, sometimes low) was put to waste because of their sudden cancellations, closure of their ICOs, and the worst part is that when we fall of those programs with fake team or so, they would run away with the investors' funds and our reputation would be affected due to promoting them on social media or so.
On top of that, most of their tokens are going downhill the day they started integrating themselves in centralised or decentralised exchanges. Even if they choose to lock it on a certain period of time, it's definitely no use because they're still affected by the dump in which everything is unregulated and uncontrolled.
The future of ICOs and bounty programs are at stake due to the market downturn, and it goes even deeper than that. It looks like it'll take years for us to see the bull run, or maybe no chance at all.
If you are participating in any ICOs or joining as bounty hunters, what do you think about this? Let me hear your opinion on this guys! Thank you.
I don't care about paid bounties because there are lots of bounty programs that even their projects don't hold ICOs and I just add alt so I have more and more savings. in my opinion the bounty project is still worth it even though there is a bearish market |
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I feel the market is done dropping, for the most part. It's corrected after the amazing bull run in 2017-18. A bottomed out bearish market is the best time to buy, imo. So in 2019 we should all be shopping for long hodls! I'm curious what other alts people are buying. I will be picking up ETH, ADA, XRP, WAVES, and either NEO or OMG. What will you be shopping for this year?
I don't have many shopping lists in 2019 because I prefer to buy bitcoin and ethereum more than before. all the lists you have are good coins, I hope you get a lot of profits this year. |
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if you don't like BTC, go for ETH but no alts.
isn't ETH a part of alt? I think buying some alt is a good choice because I get more profit from the altcoin compared to btc and eth hope you learn more about alt |
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Maybe because it is BTC that can really bring big surprises, because this is exactly what happens to me very often. Recently, many people are beginning to doubt cryptocurrencies and only BTC can correct the situation.
yes, only Bitcoin can create a surprise in cryptocurrency, I think you need to ignore people who doubt Bitcoin because it's not profitable it would be better if we focus on people who are interested and invite them as much as possible |
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This is a very risky investment. Many tokens after ICO are very much cheaper in price. Also many top altcoins are very cheap. But if the project is very good, then you can risk it. The main thing is not to invest a lot of money.
I don't think investing with a lot of money it's a bad choice as long as the project is good like the top 10 altcoins. but I also agree with you that investing at this time is very high risk tokens after the ICO has always experienced a decline in prices and it has caused a huge loss of investment. |
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