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161  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: How the best ICO is choosen on: August 13, 2018, 08:42:52 PM
There are pointers to selecting a potential ICO. And ensuring it's a legitimate project.
That doesn't guarantee it would be successful.
Many projects have successful ICOs but go under in the market.
162  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: A bloody day! Should I invest in virtual currency? on: August 13, 2018, 08:40:11 PM
I would advise you invest in the top currencies.
Most if the altcoins might not survive the current bearish market.
Or you could wait for a more favorable period to invest.
It is best to buy the dip and sell the spike.
163  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: [ETH] MASSIVE DECLINE IN MARKET? SHOULD WE WORRY OF $280 USD ETH PRICE? on: August 13, 2018, 08:37:22 PM
The crypto market is constantly going through different phases. With varying up and down trends.
There us a lot if uncertainty in the community, and most people are playing it safe by pulling out their assets

It is a good time to buy ETH at below $300, and hold for the long-term, pending news regarding bitcoin ETF.
164  Alternate cryptocurrencies / Altcoin Discussion / Re: Why is the price of bitcoin so high on: August 12, 2018, 02:15:32 PM
It was the first ever currency, and it has evolved over the years into what it is now.
The supply is limited, so there can only be so much in circulation. It is the most popular and accepted owing to its stability (and that further stabilizes it. And increases it's value
It is the leading crypto currency. And with the improvements on the platform being considered, it is poised to maintain the top spot.
165  Alternate cryptocurrencies / Altcoin Discussion / Re: How do you research altcoins? on: August 12, 2018, 01:59:17 PM
I take recommendations from different sources.
ICOdrops and ICOratings. Also suggestions from crypto influencers.
I like to go for project with lots of hype. It's not always a guarantee such projects would have long term potential.
It all depends on what suits my strategies at that time.
Ads on news outlets is also a channel to get new altcoins.
And always endeavour to do your own research once you've identified an investment option
166  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Your Money Safer In Crypto than at the Bank? on: August 08, 2018, 03:11:33 PM
Crypto is a safe way of storing assets. And your security is all up to you.
I'm a bank, your money is insured. Even in a case of a robbery. You are still entitled to your assets
Also, due to the volatility in cryptocurrency, it is not suitable as a store of funds.
167  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What do you expect from the CRYPTO market in August? on: August 04, 2018, 07:53:40 PM
I don't fancy predicting the shape the market would take.
The news regarding bitcoin ETF woupdnbe have a telling effect on the market, possitively or negatively.
168  Alternate cryptocurrencies / Speculation (Altcoins) / Re: is buying new listed coin profitable? on: August 04, 2018, 07:50:08 PM
You can take a chance that the price would drop below ICO price when the token hits exchange. That is most likely the case in the current market situation.

It is safer to invest in the ICO, as some projects also offer bonuses and benefits to investors.
169  Alternate cryptocurrencies / Altcoin Discussion / Information is the key! on: August 04, 2018, 04:37:36 AM
The crypto space is undoubtedly experiencing a mass influx of enthusiasts. Partly due to the awareness the most recent bullbrun brought, and the extra publicity on the potential application of the blockchain technology and how it can affect the future. This has also resulted in a plethora of new coins, with unique use cases.

To stay on top in this sphere (especially when trading altcoins) I think the key word is INFORMATION, always be updated on changes and possible annoncements.
There are usually a lot of noobs, who are easily swayed by news (possitively or negatively), and such panic or FOMO can have a telling effect on the market. (especially on a newly launched currency)

Always be selective of the information provided, it is advisable to always do your own research as opposed to suggestions from others (even highly regarded crypto influencers)

Timing is all important. Cryptocurrencies are wholly unstable. You'd need the right timing to make the best of the constant fluctuations in the market.

Always protect your capital! The possibilities of higher returns is alluring, but always weigh them against the risks involved. (I would rather sell my assets too early, and miss the highest spike, than too late, that I'd have to be waiting for another pump)
Always take profits when you can, as nothing is certain in crypto.
170  Alternate cryptocurrencies / Altcoin Discussion / Information is the key! on: August 04, 2018, 04:35:18 AM
The crypto space is undoubtedly experiencing a mass influx of enthusiasts. Partly due to the awareness the most recent bullbrun brought, and the extra publicity on the potential application of the blockchain technology and how it can affect the future. This has also resulted in a plethora of new coins, with unique use cases.

To stay on top in this sphere (especially when trading altcoins) I think the key word is INFORMATION, always be updated on changes and possible annoncements.
There are usually a lot of noobs, who are easily swayed by news (possitively or negatively), and such panic or FOMO can have a telling effect on the market. (especially on a newly launched currency)

Always be selective of the information provided, it is advisable to always do your own research as opposed to suggestions from others (even highly regarded crypto influencers)

Timing is all important. Cryptocurrencies are wholly unstable. You'd need the right timing to make the best of the constant fluctuations in the market.

Always protect your capital! The possibilities of higher returns is alluring, but always weigh them against the risks involved. (I would rather sell my assets too early, and miss the highest spike, than too late, that I'd have to be waiting for another pump)
Always take profits when you can, as nothing is certain in crypto.
171  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it risky to buy not top 100 crypto currencies? on: August 03, 2018, 05:03:02 PM
It's a common aphorism, that. 'if you see a bandwagon, it's already too late'.

With most top currencies, it's difficult to make substantial profits, without adequate investments.
It is definitely the safer investment plan.
 
Whereas, starting up with a speculation promises high profits (as you would be buying them cheap). But also possible losses as they have no previous records.
It's an investors job to weigh the risks and potential and decide which to go with.
172  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Why Token value goes down lower than ICO price after launch? on: August 02, 2018, 03:26:20 PM
It's partly due to the market trend, the marketvus bearish and most coins go under after launch.
Bounties and bonuses also play a role, in the short term value of the tokens.
The price can also be influenced by large holders and manipulated to suit their desires.
173  Alternate cryptocurrencies / Altcoin Discussion / Re: Don't go to ICO!i was cheated again! on: August 02, 2018, 03:22:54 PM
The risks abound in any business investments. It's up to you to make research before putting in your money into any venture.
There are a lot of scam and poorly organized programs, with glowing white papers and roadmaps.
Look beyond the surface, the team behind the project, the project itself.
The handling and the process.
174  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Hard times on: August 02, 2018, 03:16:35 PM
First, never get too attached to any currency or project. Profit is your ultimate goal.
The market is down now, as most are skeptical about announcements regarding Bitcoin ETF.
If the news is a possitive one, it would have a possitive effect on the market.
Day/arbitrage trading is also a way to make profits. You'd need to educate yourself before venturing in.
175  Alternate cryptocurrencies / Altcoin Discussion / Re: Is product important for a project? on: August 01, 2018, 03:03:08 PM
It is a basic requirement to run a project. No investor would invest in mere ideas. A working product, a qualified team and a seamless process are all needed for the proper running of any project.
176  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What do you think of the current market? on: July 31, 2018, 09:28:33 PM
Little, sudden pumps and drops. The volatility over the past few weeks has been much.
That presents an opportunity in day and arbitrage trading.
Most hodlers would be concerned about the fluctuations and when the market can attain stability for some organic growth.
177  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Buying for a long term. on: July 31, 2018, 09:25:10 PM
When holding long-term I go for solid coins with large market capitalization, like bitcoin and Ethereum.
For altcoins, I would go for Strength, NEO or zilliqa
178  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The moment to buy eth? on: July 31, 2018, 09:22:56 PM
ETH is on a down trend now. And it is  a good time to buy as the price is low.
When investing in a dip, you have to be confident on the potential of that currency to recover, in a balanced market
179  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin in August? on: July 31, 2018, 09:20:59 PM
The market showed positive movements over the past few weeks, but it's down now again.
Trying to predict the price is impossible as the market flow is determined by various factors.
Bitcoin might have a real bull run in the coming months. But, That's purely speculation.
180  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Who make ICO coin down? this is my opinion. on: July 29, 2018, 08:38:00 PM
Huge bonuses has its effect. Most times, those tokens might have never been sold if not for the promise of huge bonuses.
Marketing is a tricky issue. Also the general market is down. Sine tokens which offered huge bonuses to investors are selling at a loss to those investors (bonuses included).
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