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South korea would be a big contributor to the crypto world to be more establish and create stability as lit of koreans are getting interest to incest in crypto which they saw an opportunity to create quick profit.
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What coins do you suggest for long-term holding? Bitcoin and Ethereum excluded.
Aside from bitcoin and eth the best coins to hold for me is ADA, EOS, NEO XEM and some xrp, LTC ans Stellar is good to hold also at the current price. ad we all aware this coins have already surge to their respective high before. |
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crypto investment can yield huge profit compared to bank investment but the risk here is also higher than bank investment but if you have a courage to face consequences when market become bearish then just do your plan and hold for long term.
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Yes patience is one of the key character of every trader to be successful and earn profit in crypto trading but this should not be enough, traders also need knowledge in technical analysis and vigilant in the crypto news so you may be aware what is currently happening to the crypto market as prices reacts on bad or good news.
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Almost co this year are really perfirming bad even those who raise big amount such as swissborg, datarius and arbidex to name the few their current price was almost 10-20% only of their ICO price and this really heart investors and bounty hunters who keep holding this coin.
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big investor are only shaking weak hands to force of selling their coins. i agree with the trade starter this is juat temporary there is no reason for bitcoin crash since more and more companies are trying to adopt this. in due time market would be bullish lets us all be patient.
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Etherium price now is very cheap though I'm still waiting to be bottom again even at 270$ so i can add some of my investment unable to add when it botom to almost 260 before but once it will fall back to even 280$ i will now buy.
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I'm also waiting to go deeper I'm not able to buy when if bottom to 263$ i thougjt it would still fall but it slow recover right bow if this trend continue I'm planning to buy at 330-350 or still wait hoping for another huge dump
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Bitcoin hedead to zero?
The former ceo of paypal Bill harris said that,bitcoin's value will continue to dwindle until it gets "eventually a whole lot closer to zero."and saying that there's just no value in bitcoin and "Bitcoin makes no revenue, no profitability."
he also called the cryptocurrency is a
"colossal pump-and-dump scheme, the likes of which the world has never seen."
I think this is non-sense, what about you?
Source: cnbc
That is his personal opinion but if you look to the crypto market in general more and more people and companies are adopting blockchain and uses crypto currency as one of the medium of payment. it only shows that bitcoin has value tocthose eho believe in it |
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I suggest to do a cost averaging stategy buy now so your average price may become lower or if you don't have funds just keep holding cause if you decide to sell now you may loss your investment and no hope to recover unlike holding when market become bullish big chances you may still earn profit
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I'm also planning to add ETH yesterday good thing i didn't bought when it waa at 330$ level and with the current price of 257$ I am tempted again to buy but still it seems market shakedown is not yet over i hope it can go down at 230$ level and if that happen I guess it is low risk already to add some few ETH in my portfolio. if you have lit of funds now is the right time to add some as price is bery low
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This market is a buyers dream come true!
Pick good projects like Cardano with dedicated teams and vision!
Cardano should be listed on Coinbase soon!
I bought cardano when it was at .3$ when it fall to .21$ i bought again and it still drop i bought again when it was @.15$ niw it fall sgain to .11$ i would like to add more but I don't have any free cash to invest so i have n choice but to keep waiting until it can recover its price and I'm confident it will need only time and patience. |
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please tell which is best coin for long term investments
[/b][/i] For me the best coin to hold for long terms are BTC ETH ADA NEM NEO and LTC to name the few this are good coins with solid project and have funds to finance their projects. specially now that most of this coins drop more than 70% of there all time price this is a chance to invest and accummulate more of this coins |
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this is the diffrence of experience trader to the newbie traders. experience traders buy when market is panic selling while newbie trader sell when market is bearish resulting for loss of their investment. trading is a game of minds if you don't have patience better stay away in trading specially in crypto as market here is very volatile.
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First cryptocurrency company Agro mining a uk-based company isted on London Stock Exchange raises Rs 224 crore
This only proof that crypto currency company is not just purely speculation or hype but it shows that crypto mining is a real profit generating business. for sure this is only the start and more cryptocurrency company may listed in more big stock exchange worldwide. |
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Actually if you are a professional investor, you can earn money both in the bull market and down point. The most boring is a market siderway, not the market down. In strong declines, there is always the opportunity to go a long way in the opposite direction, so anyone who knows how to play in a down market will be rich quick in a bull market. The important thing in a bearish market is the trend reversal, so remember that in the bearish market and as close to the important support points you should put extremely short SL. For this reason, you can lose 8 out of 10 orders, but just succeed 2 orders, you will get back all, even profitable. So for a professional investor, you can make money even in a strong down market. Prepare yourself for a solid strategy and psychology. Good luck !  Yes of course. for experienced trader they saw this as an opportunity to accumulate more and once the market have a short run up they will sold profit taking and wait for another down trend opportunity to execute the same strategy again. |
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Until now price is still uncertainty with regard for the uptrend wave. people are still waiting forcthe bitcoin etf result wether u.s. sec would approve or not if ever it would not approve which is more likely expected probably the vircoin price would fall further but this would be a temporary in my own opinion once crypto market absurb the impact if the decision expect bitcoin price may recover quickly |
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This is an opportunity for the new comer and veteran investor to accumulate more as cryptocurrency coins are falling badly and its price are almost discounted by more than 70% on most of coins including bitcoin and etherium
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In my own opinion, people who give such that statement are those invested in bitcoin when it was at peak and niw that it is falling deeper they call it a scam or ponzi. some are those who have no idea what crypto currency is and how to use it. anyway what ever they may say as long as there are believer of bitcoin there is always a room for opportunity.
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Throughout my trading education(self-learning) most contents I read or watch regarding crypto trading states it point blank that "about 90% of crypto traders lose their funds"in the cause of trading.
This has somehow made me lose interest in learning to trade. Does this mean, that as a new trader or even the professionals have a marginal percentage of being successful in crypto trading? if your answer is no, then I guess there is rules or ethics you abide by that has made you successful in most of your trading.
I would be glad if members could share with us some of their tips and guides they've adopted in trading. I think good submissions will be of help to most people in this forum.
Thanks in advance!
For beginner it should be like on that way but as your trade goes by you may learn how to do a winning trade. trading is not all about buying and selling but your mental analytical skills when to enter and get out in the market. patience and greed have a big factor for your success and fail in trading market. |
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