The king of cryptocurrency is Bitcoin. But who is the king of Altcoin?
The King of Altcoin who is ETH or Litecoin? I think ETH is the reason most are used in ETH at airdrop. And the price of the ETH is much higher than all other Altcoin. The number of users of ETH coins is also much higher. Litecoin also has a number of users then I think ETH coins are King of Altcoin. It is my personal opinion. You can give your opinion. I know there is many more good Altcoin but ETH is the best. I hope everyone will give feedback.
Best regards
Coin-Desk
Eth is the biggest coin after bitcoin, the price fluctuation is less than other coins. Moreover, Ethreum is the development platform for lots of coins, other tokens, businesses and brands around the world that are using Ethereum's Blockchain like Microsoft. Based on the potential of ETH at the present time, it is clear that ETH is the king of altcoin |
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ETH prices are down very low. Is this the right time to all in ETH?
This is the right time to hold ETH for a long time. Currently, the price of ETH is very low, it is better to invest now. This is your chance to buy a good coin in second place with a cheap price. I am very confident with ETH and its good future, the price will definitely increase in the future. |
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Which coin do you think would be the best in the long run? Please recommend the coins. I don't want to buy for short investment. There are so many blockchain projects in the world. What project looks most promising?  For long-term investments, you should think of big coins like BTC, ETH, LTC, ... I think ETH is altcoin so long-term investment at the present time, especially at the time of low prices . Eth is an altcoin that has existed for a long time and will bring great value to holders. You need to wait patiently for a price increase. |
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I am having trouble to decide which coins i should invest in and it seems ETH is one of the most successful coins right no.
Should i invest on ETH or focus on other coins instead?
Let me know your opinion.
Why don't you choose both? I think you should take 70% of your investment to hold ETH for 1-2 years. Currently, should invest in ETH because the value is low. ETH is the most valuable altcoin currently available, it will have very good prospects for future development. HODL and wait patiently. The rest you invest in short-term transactions with other altcoin, set reasonable profit targets and sell as soon as you reach the goal. |
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It is easy to get stucked in this trap when you read a particular economic news and tell yourself that it seems likely to make the market go in a certain direction. Once you convinced yourself that what you expect to happen is basically you digging for your account. In the early years of trading, many traders were stuck in the trap of trading in news and focused too much on fundamental analysis.
Trying to find out what the market is going to act next after the major economic reports are published appears to be obvious and useful to a trader at the time. However, you may be surprised to learn that the trader focuses too much on news that is losing money as prices tend to move in the opposite direction from what the news reflects.
Not true, a lot of news is not fake. Professional traders often follow the news before making a decision to sell or buy. News has a big impact on the crypto market. News helps us understand the general psychology of investors. As I think, you must acquire skills in analyzing and tracking price action to start a transaction. |
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as we know, the dollar is now rising, from the rise in the dollar it turns out that the price of Bitcoin is also rising, so what I ask here is that this is related to the dollar increase? or just coincidence?
You are right, USD and bitcoin are related. According to sources I read, Since the launch of Bitcoin, the US CPI has increased from 211 to 252, corresponding to an inflation rate of approximately 20%. Therefore, USD inflation will make Bitcoin price compare to USD by 2-3% per year. In my opinion, the final conversion of cryptocurrency is fiat. If the USD increases, when converting from Bitcoin to USD, the value is also higher. |
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I want to learn about being professional trader. I want to search and read some articles but I don't know whatelse.
What I read so far is about how to read candlestick. And I learn how to read indicator but I just learn it by myself.
So what articles to read? If you have some suggestion, please share here. I don't ask for the articles to read, I just ask for some clue what to learn
In my opinion, to become a professional trader, you need time and experience. First, learn the basics for trading. You need to understand graphs, psychological analysis, stoploss commands. Most importantly, you need to have your own financial strategy. Once you understand them, experiment with small deals first and experience. |
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The cryptocurrency space has been discouraging for a while now and there's a possibility for people to want to walk away from the industry. Some persons made substantial investment in purchasing altcoin whose value has greatly reduced and the thought of everything could make one want to loose hope. I'm of the opinion that making profits should not be our only goal in the industry but learning and contributing to its growth should be our focus. There's always light at the end of the tunnel and we would get there very soon. Let's be patient for a little more while, no matter how long the night lasts, the morning will surely come. Don't give up yet.
Many people invest money and effort into their investments. because of impatience, they are willing to give up and forget this loss. More seriously, investors have problems with the financial crisis. They sold the investment to save the remaining money. If I can control the amount of investment, there is no reason for me to accept losses. I still hope that one day I will get big profits. |
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Neither bitcoin nor paper money has any real value, but notes have national credit support, and what if bitcoin also gets national credit? The government will lose its macro-control policy but it can also effectively eliminate inflation, two relative ratios. Is that a good result? Of course, I know that the government is very unlikely to support bitcoin, but who knows?
This is absolutely impossible. Because bitcoin is decentralized electronic money and the government cannot control supply as the government did with fiat. Bitcoin's features are almost against government management. In my opinion, government can support bitcoin as a new payment method. |
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Do you believe that the adoption of bitcoin in every country can less the unemployment rate? As what I have observed most of the countries right now are accepting bitcoin as a payment method. Is there a possibility that crypto will be legalized and become as a legal job also?
Bitcoin can be applied across countries, but to reduce unemployment is impossible. The bitcoin job is IT, miners, blockchain experts, etc., and the amount of work created is very small. It doesn't solve anything about unemployment. Bitcoin is a currency, not a job. I think you misunderstood the concept of Bitcoin. |
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I am about to reach a milestone is my trading/investing and am going to reevaluate my trading strategy moving forward.
I want to set myself a goal of increasing my BTC by 10% a week (compounded) and wondering what is the best way to do this
Should I invest in small cap coins, coins with high volume. Invest in one coin a week or to different trades each day.
What would you recommend and is it achievable long term
If you focus on profit every week, you will trade with emotion, this is something to avoid. Not sure if you can make a 10% profit every week with shitcoin, shitcoin can give you very fast profits in a short time, but are you sure that the results you get every week are profitable? I think you should choose to buy bitcoin for years. This is a safety measure and it can earn higher profits than your goal. |
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At present, it seems some interesting opportunities are heading towards litecoin fans. For Litecoin investors, the current momentum is very promising first and foremost. The Litecoin price reached $49 again, the token is gaining popularity among investors, and it’s also increasing in price. At present, The Litecoin price is outperforming when compared to most of other altcoins across the cryptocurrency market . LTC/USD is currently enjoying a three consecutive session run of gains, with price up $49.11 at the time of writing. Litecoin has built its recent relative strength, recovering the short-term $48 resistance level. Although, the coin is still blow the rising trendline which broke on Sunday, it is close to confirming a short-term swing low which would point to another test of last week’s swing high near $52. Recently, Litecoin announced a partnership with Glory, a popular kickboxing league. However, partnering with production organization for a concert hosting some of the biggest names in K-Pop. All of which posses a huge following, This in turn brings much exposure to Litecoin. Read more https://coinpedia.org/information/ltc-litecoin-price-prediction/According to me, LTC has shown good growth in the beginning of 2019. They have developed strong technology and changes in the system. Since mid-November 2018, Crypto has become quite stagnant. However, today, the crypto market has achieved billions of dollars worth when the increase is seen on the board, with Litecoin leading the pack. In terms of price increases in early 2019, Litecoin led the crypto market and increased by 30% with price increases & $ 1 billion + trading volume (in the top altcoins). Litecoin Halving is a desirable event for a strong price increase of LTC, in August 2019. |
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please tell which is best coin for long term investments
[/b][/i] If you want a long-term investment, choose large coins in the market like bitcoin, ethereum, etc. You should consult more coins from CMC's Top 50 list and learn how to observe graphs. According to my choice, I will choose ETH long term investment, it has great potential in the near future. The price of ETH is increasing every day. |
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In my opinion, Bitcoin will definitely increase in the price of Bitcoin Halving in 2020. This is the Bitcoin Halving event for the third time, so the price will still rise sharply. Besides hashrate increasing so Bitcoin price will increase stronger than previous years. You can refer to two Bitcoin Halving events in 2012 and 2016. Quote from your article: "The Halving Brings a Good Dose of Optimism". Yes, pump is coming. |
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Yes, you are right. Every business has its own risks and as we all know, life itself even risks, and knows the business knows success.
These are two benefits of taking risks in my opinion.
1. Taking it quickly makes you stand out and show your confidence.
That is the best way to get people to stop and see you as a leader, as someone to be reckoned with. The most successful start ups are run by people who will never be "ok" with the status quo. Having knowledge combined with self-confidence makes you shine.
2. Risk taking can teach us new lessons that we don't miss.
Taking risks gives us invaluable opportunities to grow. It's nice to take risks, and if they don't succeed the first time, take what you have learned and take other risks. You only learn when taking risks and really learning what will make you successful. Nothing is impossible.
According to me, risk is double-sided: On the downside: For greedy people, adventure can help them a few times, but if it continues, they will lose everything. On the other hand, investing in shitcoins and accepting risks is even more stupid. On the good side: risk is inseparable from success. When you take risks but fail, you can learn valuable lessons for future investments. Reasonable financial control, only accept risks when you know there is a chance to win. Accept risk, you can be rich. |
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Hello everyone!
I am relatively new to the crypto, but I am willing to explore and learn!
I would like to ask for some general advices on how to learn the trading process of crypto and how to get started! Would appreciate all the replies!
If you want to explore the crypto, check out the relevant posts on the forum, it will help you. Learn about the basics like graphs, psychological analysis, financial strategy, stoploss orders. Once you understand them, start a small transaction first and experience. If you fail, do not give up, use the experience and knowledge you have learned to have better deals in the future. Good luck.  |
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The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.
So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.
Then what is the way so that I can make a big profit ...?
How to effectively avoid unnecessary losses ...?
In investment, patience is an important factor. In an unstable market, you need to be consistent between buying and selling. Don't invest a large amount of money that you don't want it to lose, when coins fall in price. You will be emotionally manipulated and selling coins leads to capital losses. Invest some money in ability. In my opinion, to make a big profit and to avoid unnecessary losses, we need to have a strict financial management plan. At that time, you will not need to worry about the portfolio. |
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The market now gradually increasing and seems like good idea to gain quick profits in my opinion. What's your view guys? Is there a tends that it will constantly to rise after day or two or it will stop increasing again? And kindly suggest which is better way now "gaining quick profits or keep holding until the bottom of this pump?" )'cause im very confused now which is good strategy and i don't know what to do.
In my opinion, choose a safe method if you are feeling confused. The best method now is to sell a portion of your coin to keep a portion of your initial capital, and HODL the rest. but not only HODL is enough, must "choose the gold sender" if you want sustainable and safe profits. If you are a long-term investor and the amount of investment does not affect your life much, HODL all the money invested in BTC and ETH for 3-4 years, it will make a difference. My english is bad, sorry everyone  |
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