This market has shown us so many ups and downs and made us realize to think again on investing more or selling. And I feel this is the perfect time where we know the real value of cryptocurrencies. Only those which are genuine projects having good development can survive this condition. Sooner or later the regulation topic for cryptocurrencies will emerge and again we may see some volatility in the market. So at the moment we have to keep investing while just wait and watch.
Diversification is the main thing which should be considered while investing in any market. Creating a diversified portfolio will secure our investment for sure. At the moment due to bear market conditions, there is no way but to hold the current assets. If the budget permits, we can invest more to average the current portfolio to cut the losses or can buy new altcoins. Remember, we should invest only the amount which can not affect the financial conditions in case of loss.
If you want to jump longer, you have to come few steps backward to gain good momentum which can assure your desired position. Current situation seems same and looks like etherium is just building momentum before reaching to peak. So I agree with your statement.
Today wee feel the market at bottom level only because we are seeing with market's peak perspective. So compared to early 2018, today we are at bottom. But we we see beginning of the cryptocurrencies, we are still at very appreciable level. So its just perception how we look at the market.
I think even though there will be launches of so many ICOs, only the projects will survive which are genuine and have good product development as per their roadmap. Its really important to look at the factors in ICos very carefully before investing. And one should not invest more than 10% in one ICO.
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Profit is never calculated by price gain. It's always represented in percentage. In the current situation, only real and experienced traders can gain some profit. And they can track small change to derive the gain.
Yes, expecting some momentum in the market. At the moment market is flat. Some good news or update will decide the direct of market again. Let's hope for the best.
Blockchchain Technology is based on transactions only. Due to revolution in it, many existing applications are interested to use this. Due to highest number transactions per second mechanism, dapps are getting attracted to ICOs. Sure, cryptocurrencies will be used for payments.
At the moment I feel saturated just like market. We both are awaiting for any good news or update or kind of booster, to move ahead Let's see how market will move or react in coming days or weeks. Let's hope for the best.
From my point of view, market will boost again after long run of recovery. Most of the coin are more than 50% down from it's peak value. At the moment it seems that market is awaiting for some good news or update before moving ahead. Let's hope for the best.
I like BNK coin most. With regular updates on development, project is giving confidence to it's investors. Bankera exchange will become world's first cryptocurrencies bank.
Markets are still waiting for some food exciting news to move on. At the moment market seems flat. Just one trigger will move market further. Only the thing is that, we don't know when this trigger will work.
I have also seen that some ICOs are keeping tokens price very high. Few I have seen token price of $1 per token. Really don't understand on what basis they decided such huge price of tokens. I do not invest in such projects generally.