Hodling is the best way to protect your capital. After doing g your research and identifying a certain degree of potential in a currency. Hold unto it till that potential is actualized.
|
|
|
BTC is an investment as it is, I regard it as the best cryptocurrency investment. All ICOs accept Bitcoin as a means of payment, so if you are looking to buying new coins, you can use your BTC for exchange.
|
|
|
Making money from the bearish market requires a lot of skill and patience. There are a few successful ICOs, which would give returns even in a bearish market. You'd need to do a lot of research to find such. Day trading can also get you profits. This is not to be practiced by a beginner. The best option is to but top currencies, and Hodl till it goes up.
|
|
|
I personally think one can get rich through cryptocurrencies. And I always suggest you start small, in any field that requires investments, always start with little capital, and grow gradually in profit and skill.
|
|
|
I would rather invest in Ethereum for the long-term than litecoin. Ethereum is my favorite altcoin, with a solid product and numerous applications.
|
|
|
Cryptocurrency would last for quite some more time. The value is just going through some major corrections, which has limited growth. The bubble is not bursting yet.
|
|
|
I don't believe the market reacts to bitcoin'd movements, rather bitcoin reacts quicker to market changes. It is the most adopted and popular currency, when the market is down, if equally goes down, and other currencies follow suite.
|
|
|
It's impossible to be certain. Cryptocurrency is a very delicate sector. And the price reacts sharply to major news. And there has been an inflow of bad news, of recent. The price can still drop further.
|
|
|
A project would want to be as accessible as possible, and these platforms, discord and steemit, are fast growing platforms, which aids very flexible in cryptocurrency ads. And also provides a target audience of people who are crypto inclined
|
|
|
The safety of your assets is a shared responsibility, between you and the exchange.
Etherdelta platform is safe and secured, it us built on a smart contract, and all conversions are only sent to the registered address. Protect your personal information.
|
|
|
Cryptocurrency is generally in a downtrend. Investors and enthusiasts are skeptical, pending decisions on bitcoin ETF. I can back Ethereum to recover in a more favourable market. The best strategy now is to buy.
|
|
|
It helps to have a profit and loss margin. Trading cryptos isn't particularly like trading currencies. When you research on a project and identify it's potential, you can back it for the long-term, even if it's currently in a downtrend.
|
|
|
When selecting an ICO yourself are looking for credibility, expertise and potential.
There are numerous scam and half baked projects canvassing for investments. An investor should do diligent research on any potential investment, the team, product, partnerships, roadmap etc
|
|
|
Therr is a lot of uncertainty and skepticism around the market now. Everyone is on tenterhooks pending the decision on bitcoin ETF. This has led to a downward spiral, as most markets now are in red. The best strategy now is to Hodl and buy, especially coins with good potential.
|
|
|
A working product is one of the three core qualities of any project, along with the team and the process. Regardless of whether you plan to utilize it personally, or you are investing just to take profits, you have to ensure the product is practical and applicable.
|
|
|
Always be informed, as information is key. Trading is a whales game, and to make profits you have to be informed and avoid panicking (as that plays into their plans). FUD can easily be created to scare newbies into panic selling. Play wise, and Hodl unto your tokens (especially currencies with long-term potential).
|
|
|
I think the market trend at the moment is tied to the decision regarding bitcoin ETF. A possitive news would have a possitive effect, as it would attract more investors. A negative news would probably signal a downtrend at the final quarter of the year.
|
|
|
I mostly refrain from predicting the future price of currencies. Ethereum is a solid currency with numerous applications. It's demand would definitely arise. And it would probably survive the current market onslaught. And thrive in a more favorable market.
|
|
|
The internet contains a plethora of information on numerous subjects. Look for self-help websites and basically any information on trading. Forex trading is offered as a college course in some states. And some experts offer online tutorials. Subscribe to whichever suits you. Start from the basics. Invest as much as you can lose.
|
|
|
There are websites which offer ratings on New ICOs (just their opinion, and not an investment advice) It's best to arm yourself with tools of detecting viable investment options, and also OK recognizing scam projects. The team The product The process The hype Are all pointers to look for when selecting an ICO.
|
|
|
|