Nothing is secure in the cryptoworld especially that cryptocurrencies are risky because it's volatile in nature. You can invest as many ICOs as you can but you can not be sure that all of these ICOs are legit and are promising as what they claimed in their website and whitepaper.
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Honestly, cryptocurrencies' volatility is what i like the most because it's the way you can earn profit in just a short period of time. Being decentralized gives you a 100% tax free of your earnings too plus the fact that online transactions is seamless and is way better than fiat gives a total package for me to like cryptocurrency.
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I think you are right. But from my opinion, i will buy bitcoin when the price is low. If the price is high, i will not buy it but i will immediately sell my bitcoin so i can get the more profit. So for me, i keep looking for the perfect time
Yes, im not in to the notion that everytime is the right time to buy and sell your crypto assets. Think of it like buying bitcoin today where bitcoin is down at 6K USD and suddenly, it went down far the following day at 5K USD. Just like in selling your crypto assets, there are times that you think it's already the best time to sell it only to find out that its market price spike even higher a couple of hours after you sell your cryptos. Timing is really essential when buying and selling crypto.
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To my own opinion that's why many people in this world would crazy because they focusing to bitcoin all the time that the intention is to gain and earn money they paranoid that they don't get a high profit that they want and value of Bitcoin has been appreciating considerably.
And most of these people already know the fact that there were already people who got wealthy because of it. Now, they wanted to ride in the bandwagon with a mindset of getting rich sooner than soonest too and that what makes them crazy about bitcoin and cryptocurrency stuff. But they don't really realized that it's not that easy to be get rich in crypto because it might just frustrate them at the end of the day.
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Honestly, holding your crypto especially during crisis is really hard especially when its market value is going down deep. If the moment bitcoin will go down below 1,000$, that's really a different story because that's already more than 90% of fluctuation since bitcoin hits 20K USD.
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Bitcoin both existed. Bitcoin as the currency is untouchable. There are the other coins to replace it. So, it is to be relied upon on an indefinite basis. The man on whom trusts currency, that's the asset. Your matter is how you will accept Bitcoin is.
Definitely, bitcoin is already an asset but in a digital form and with the attribute of being volatile, expect it to be on a rise today and on a fall tomorrow. Rise and fall is really inevitable and that what makes this asset a very risky one too but at least, it's also the best asset anyone can have that can double or triple your gains.
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We CAN'T let them all go away here because they've been a part of crypto industry too. That's how this industry is - there are people who are in favor and there are also who are favor in the said technology. Just let them (haters) do whatever they said and want because if you are one of those who are in favor of blockchain technology, you care less about them and will continue what you love doing and remains unfazed despite having them around.
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Bitcoin is the only cryptocurrency I have saved for a long time. Although I will buy ETH, my ETH is only used to convert other altcoins!
For best result, take a hold on both of these cryptocurrencies in your wallet for about 5 years and you will really have a very good return of investment that could even change your life. I really adore these crypto not because they are the top two cryptos and dominant, but because to the fact that these cryptos have become the major cryptos for trading other cryptos.
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In 5 years Ethereum will rise to $ 5,000. That's my guess. Because there is a very big economy behind it. There are many new companies. They will start to grow.
That's really possible since bitcoin's usability is very popular to those current ICO and for other companies who are planning to go on a blockchain technology too. As we can see, almost cryptocurrencies being listed in different exchanges are using Ethereum's blockchain.
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If you have to keep your Ripple (XRP) tokens in your cryptowallet for a couple of years, i believe this crypto will really reach 5$ considering that this crypto is backed by banks and is also the crypto that has the third largest market capitalization of all cryptos in cryptoworld. But i guess it really took a long time before it can reach that value because it struggles to climb back after it plunge down few weeks after its market price almost reached 4$.
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altcoin goes green if you see market conditions return to green, but now the market conditions have not stabilized so I think this affects the current price increases and market conditions.
A major factor or event is affecting altcoins turning to green and turning it to red again these days and one reason of that is the fact that bitcoin is down again for a couple of times this year. Let's not trust right away what we see because as cryptocurrencies are volatile, a sudden change of cryptomarket cap and color is inevitable.
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Predicting which crypto to rise to to the moon is quite difficult since the cryptomarket is very unstable and shaky. If i have to think which crypto will rise, i have a feeling about Bitcoin, Litecoin and Monero. It's possible because we still have few more months left before this year ends.
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I believe i have now the best bitcoin stocked in my wallet ever since i started investing bitcoin. I bought a big piece of it when bitcoin fluctuates to 5,000$ and i really never missed the opportunity since i also have money that time. I feel lucky and opportune to have that moment and not being wasted as bitcoin rises to 8,000$. Bitcoin is down again and if it goes down further, i will buy again and wait for the next bull run again. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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I am holding my cryptocurrencies depending on its weight of its popularity, use case, and how potential it is to grow more in the future. So in the case of bitcoin, i am holding it for long about 2-5 years including those alt coins with great potential. Those cryptos that seem less potential will only last for few months or half a year.
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That can be a factor of having a market price spike of a certain crypto especially bitcoin. Once you hold your cryptocurrency, it will give a stable market price in which new investors will buy it at its present price that will cause a spike when more investors are pouring in their money.
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As bitcoin breaks the 8,000$ resistance, i believe that the market has already recovered and this may be the start of the bull trend that everyone is talking about. For those who invested during the dip, i am sure this will be the start of their happy journey for whatever price bitcoin will be this year.
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The current market is quite down a bit after bitcoin falls goes down to 7K USD once again. It may looks like a dip is going to happen again and a sudden spike is expected to happen in a couple of days time. Presumably, a healthy cryptomarket would likely stay until December.
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What a great fish you got on the line man. It's really very rare to earn such an amount coming only from airdrops because basically, you are doing nothing in airdrops and majority of such stuff are just pure scam nowadays and is just wasting your time. Congratulations to you man!
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It's really a roller coaster ride for bitcoin for the first half this year. We've seen how bitcoin responded to the occasion several times and it was just a couple weeks when bitcoin had finally broke the 8K USD resistance before it went down back again to 7K USD today. Overall, bitcoin is doing good and since there are few more months left, i expect bitcoin will make the cryptomarkets very healthy again.
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I think about 90% of ICO's success relies on bounty programs because it is the very most effective way of putting the project's vision and mission in public. With different platforms and medium used online, it's enough to spread it and attract investors worldwide.
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