Easier said than done. I agreed with you. People easily say just hold and hold, but they are unaware of in what pain those who have suffered loss are. In fact, those suffering loss are always in desperate and look forward to looking at ways to cut or recover the loss. So in that situation, they cannot just hold. My suggestion is that if you are suffering losses, do not stick to only the mantra of hold and hold. But seek other ideas like day to day trading to compensate your loss.
|
|
|
Regulations are always good in cryptocurrency. Regulations do not mean that they will kill cryptocurrency. Rather they will make crypto market more stable and even stronger. Now many people are afraid of losing their investment due to volatility of crypto market. They are hesitant to invest even after knowing that cryptocurrency is a good investment platform like stock market. So to dispel their hesitation and create the market where institutional investment will pour in, regulations should be in place.
|
|
|
It depends on the owner of the wallet. If the owner of the wallet you have mistakenly sent your tokens is honest and kine, he or she may return your coins or you have to forget them all. Or if the coins you have mistakenly sent to wrong wallets is worthless, there are high chances that you will get back them. So I want to ask all of you to check and recheck your transaction beforehand. Sending tokens is very much sensitive matter.
|
|
|
If you wish to follow my advice, go for day to day trading instead of investing in coins for long terms. There is no guarantee that you will get much benefits if you hold a coin for five years. This is because of the volatility of cryptocurrency. The coin you have held may increase multiple time in even six month's period. So do not think about long term investment. Rather go for day to day trading to amass profit little by little.
|
|
|
Guys I have one idea running in my mind. There are hundreds of coins in the market and much more are waiting for hitting the market. Some of them are have much potentiality to dominate the market and stay, but many of them cannot compete and disappear or die young age. So in such case facing the market, what about merger? If a good coin is ready to merge with another one, are not these problems resolved? And there will be a win-to-win situation?
|
|
|
I do not think that cardano will beat bitcoin, the king coin, in the next 10 years. In fact, it can never surpass bitcoin in anytime. But I maybe too early to say this as cardano is just a young and bitcoin is old or parent. Cardano has a long way to go in terms of its development. But bitcoin is the first coin and has made much good impression in the people around the world. Given support from the people around the world and the way bitcoin is being accepted, cardano can never beat bitcoin.
|
|
|
Salute to Satoshi Nakamoto. His invention is so great that it will make changes in the lives of the people. He introduced this new invention some 10 years ago with bitcoin. But the volume of coins has gotten so bigger that the market has hundreds of new projects (coins) at present. But cryptocurrency faced or has been facing many hurdles. But good signs are there that cryptocurrency is being accepted around the world. It still has a long way to go.
|
|
|
The crypto market is not like something where one can get riches overnight. Unlike in the past, it is becoming stable and correcting itself. I think bear market will not be a good sign just so as to eliminate such traders who want to get rices overnight. What is most important thing is that crypto education is needed for the people. If crypto education is spread, it will be help create healthy crypto market and make it stable.
|
|
|
It is really encouraging and good news for the entire crypto community. Finally crypto is being mass adopted after its long struggle and difficult times. One saying goes truth will always win. History says that good thing or invention has to always go through difficulties to make its presence strong and get popularity. So cryptocurrency is going through now. But ultimately it will win. Now the world is becoming ready to adopt cryptocurrency.
|
|
|
The fact is that we cannot take control of the cryptocurrency market. But what we can do is we can at least make our investment in right and good projects. Our investment is completely in our hand so why rushing to invest without first conducting research. We all are aware of fake ICOs and projects laying their traps to as to cheat innocent investors and bounty hunters. Lets be ware of such projects and research before investing.
|
|
|
Sorry I was not too much old to predict about cryptocurrency as I just joined cryptocurrency some two years ago. What I say is just based on predictions by some so called crypto experts. They say that the year of 2018 was not good and the year of regulations as most of the time coins decreased in prices. Again they say the year of 2019 will be a good one for cryptocurrency. The market shows some indication of correction itself. So there will be some bulls trend in this year.
|
|
|
It is right time to pick coins and hurry up are the sentences I have ever seen in this forum ever since I joined the group some two years ago. But all the time they say this. Is all the time is best time to buy coins? I do not understand what is rational behind saying this. But what I understand is that right time to buy coins is the time when you have money and when you invest in good coins that have much potentiality to grow over time.
|
|
|
I was introduced to the crypto market around one and a half years ago. And ever since, what I have been seeing is that people are very much passionate about accumulating old coins. What is the reason behind it I do not know. But I wan to ask a question what about trying your hand at new coins that are hitting the market with new vision and a lot of enthusiasm. They may become another bitcoin or ethereum who knows?
|
|
|
Not even bad news like this would deter ethereum supporters and lovers I think. Ethereum was and is always the good coin with much potentiality to cheer its investors. Overcoming its recent bearish trend, it is now coming forward with good sings for its price increase further. Now its price is increasing lately alongside bitcoin. I think two of the coins, ethereum and bitcoin, will dominate the market at lease for next five years, no matter what people say about them and what bad news hovers.
|
|
|
Different people have different views. So different people say different things about the king coin, bitcoin. The people who are saying that bitcoin is only a garbage maybe they are rival projects or the people who do not have held bitcoin. Forget about such people and we should keep our faith in bitcoin, which will make changes in our lives in the long run. We can see that many organisations and country are accepting bitcoin.
|
|
|
I just hear about the coin. First of all thank you for sharing this information with us. But it is hard to believe people nowadays because there are many projects that promise many things but do not keep these promises. Moreover projects offer many schemes just to attract investors. But in case of the coin you have talked about, I think the coin should be a good investment. It must deliver just as its name 'TRUE'.
|
|
|
I also do not recommend investing in ICOs. But of late I have realized that there are such projects that have unique vision, strong team and investing in them through ICO will be a big opportunity for investors. So I have started investing through ICOs nowadays. But there should be only good ICOs. So I want to ask investors to go through the projects before investing. As far as the ICO you have mentioned, I do not know about it much. I will definitely check it.
|
|
|
You are right. But I do not think there are not many active traders like many of us who can glue to computer or mobile screen to trade 24 hours a day. I am sorry for it. There are also such people who want to just invest in hopes of high returns after quite longer time as opposed to us, who want quick returns. Such people are focusing their mind in other projects or their business. So I think we are fine with day-to-day trading, and they fine with holding.
|
|
|
Already the bull run has started with the start of golden year of 2019 for cryptocurrency. We can see many coins in the green. But I am still ignorant about what pushes the market to the green? I always depend on others to understand the market. Maybe I lack crypto knowledge. But one thing I am sure that cryptocurrency has much potential future and will overtake one day despite difficulties it is facing now.
|
|
|
Yes all eyes are on cryptocurreny at this point of time. People want to make as much as money they can. All authorities and governments are looking forwards to collect as much as coins and sell them in high prices be it by faking the rise of prices. So why we should miss this opportunity? It is the best time to buy and accumulate and store so we can sell them in high price when the market soars.
|
|
|
|