I am one of those who thinks positively that bitcoin will rise again this year. It may not reached the 20,000$ mark but i do have a feeling that it can reach more than half of that all time high last year. So with a positive mind can lead to a positive outcome.
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I think that they're (the team behind this infamous scam) are very professional about what they're doing and they're good at it, IMO. Having fooled so many investors for a long time until it reached to the point that its price hits hundreds of dollars is a proof how good those people doing their thing.
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It may be the price that drove or attracted new investors or even those frustrated investors of ethereum before to invest again because they saw the potential capabilities of ethereum to be the next bitcoin. Its usecase is very well known including its blockchain that made it a special crypto that many investors crave to have.
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You can't really dictate people to sell their Eth specifically those who knows how to hodl and knows very well about cryptocurrencies' behavior. I don't think too that ETH will fall down to 100$ mark because people know how valuable this crypto is so all they will do is keep on hodling and investing whenever they see a dip of its market value.
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I think it's better to invest/buy bitcoin than investing in ICO because bitcoin is already tested over the past couple of years now. The risk you have in bitcoin is doubled in ICO because we might know if that ICO will succeed or just a scam.
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Buying atlcoins today as the crash continues can give you a better chance of investing a good quantity of your selected alts. It's even much better if you will choose those alt coins that are already in the top list of cryptos in terms of market cap but with low market value here.
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They will be on that track someday just like what other entities are doing. With cryptocurrencies being fully utilized as payment for online purchases, this entities will always be delivering a faster, cheaper and secure transaction between them and their clients.
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The more bloodier the market looks, the higher the opportunity for those crypto believers who will grab the opportunity to buy more of their crypto assets. Interestingly, this panic buyers are really making money out from blood while the panic sellers are losing their money.
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Basically, keeping my crypto assets is way more than secure than keeping my fiat money. Writing account information in a paper is not also necessary because it's too risky and will just expose your digital assets to someone else if you lost that piece of paper. Even saving my account's information on e-mail is too risky so i just keep it on an external drive and keep it somewhere only i know.
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Well said and if this OP can't give clarifications and enlightenment to newcomers/newbies in crypto, then they really don't deserve to be in the crypto industry because they will just waste their time and money spending on a risky volatile assets.
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This question never changes, it is all up to your intuition and experience in crypto, if you feel like hold-hold. But you know that the right moment can be missed too.
If you're mature enough in crypto, you can really say that holding your cryptocurrency could somehow stabilize the market value of a certain crypto. Thus, gives a possibility for a price hike since new investors are forced to buy the current market value of that crypto no matter how high it is already.
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we all know that the increase in prices if you are placing your money on banks is very low due to their own rule of scaling in the increase in their system.
In short, banks is only good in keeping your money but not in giving you a good profit. Banks just keep your money secure but that doesn't even entirely mean that it's secure all the time since we know that a bank can be bankrupt at any point of time.
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If you are not impressed by the price of the ether at $ 200, then you can wait a little while, then it should drop to 150 and I think it will be the bottom of the coin and a favorable moment for investment.
The best time to buy Ethereum is when you are lucky enough to catch the dip. With ethereum hovering at 200$ mark, it's really a good time to invest on it or wait for another time until its market value goes down more deeper.
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If i have to predict bitcoin's market price at the end of August, i think it will go back to 8K$ mark because more and more big investors will invest seeing that bitcoin has dropped to 5K$ mark once again. But if this drought will continue until next month, it's something that may telling us that bitcoin will drop furthermore.
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it's a long time if the holding is 2-3 years, because I think we need to need to be sold in order to stabilize profit. maybe we can sell and choose good and high-potential altcoins.
It's quite long time to hold but it's so fulfilling when that crypto will really burst after that time span. Consider PIVX and see how this crypto is so sluggish to rise but after almost 2 years, it went out of its box and go to the moon. Additionall, there are even actually cryptos who are bound to rise drastically five (5) years after it was listed on the cryptoexchange.
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Some cryptos that are bad or scam projects will crash to zero. The good legitimate projects should survive and go back up once this bloodbath is over.
But not all legitimate projects will always survive in the cryptoworld because some of these cryptos have a legit contender too with the same concept that it has and it's all up to the development team how to compete against its competitors.
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Excellent mood sets the author of this topic! I'm sure that the flowering of the crypto currency is just beginning and you do not need to panic if your assets are in a drawdown
There's really no need to rush things in panic and sell off your crypto assets. It will just worsen the situation and will actually frustrate you more seeing your crypto assets bleed and has its value plunged deeper. But if you understand how crypto behaves, then there's no reason for you to panic at all.
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Indeed! It's the very time to buy ETHEREUM today because its market value has plunged to 200$ mark and if you care about investing on it today, then that's not a bad value to start. Who knows, ethereum's market value will be at 100$ before this year ends.
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my opinion if you are a trader and is hanging in high price, keep holding or you losing a lot. and if you are an investor, don't invest before the price starts to improve
Basically, it's better to invest while the price of cryptocurrencies are low to have a better volume of that certain crypto. Once its market price started to grow, it's already a winning situation and it's better to hold it for a while and closely monitor the movement everyday and sell it when it's already a good price for you.
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I came to the world of cryptocurrency to study cryptocurrency and get the opportunity to earn extra money.
I believe almost all of us who are here wants to earn extra money aside from what they earned from their regular jobs. But earning from crypto could be so fulfilling if you also learn something about cryptocurrency and the blockchain because it's one of the breakthrough technologies today.
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