|
Just a few recovery green candles, no sign of the bull trend in the market. The recovery of altcoin will take a few months but first, there is BTC dominance difficulty which crypto traders should take into consideration. Before trading the altcoin price movement, considering these facts will assist the crypto traders to understand the next candles on the altcoin charts.
|
|
|
|
Are coins and tokens that have good value like 0.02 or even 0.2cent on exchanges with no volume the same bad news as coins that haven't made it to an exchange yet? what do you guys have to say about this? i am currently holding two different tokens with good value but no trading volume, any hope for such projects?
I have one fresh coin that listed on coinmarketcap, even recently pumped huge by very little volume. I can only see it but can't sell for volume. Situation are different, some project has product done before listed de do after, but listed is enough without coinmarketcap. The fake pumps on the price can mislead the day traders and the day traders usually fall to this trap. Coinmarketcap only lists the altcoin with higher or equal volume to the $100k AFAIK. Listing on the exchanges is not sufficient for gaining popularity the considerable volume has to be done first. Pump-dump altcoins have no real value in the crypto ecosystem and delisting these types of altcoins will make a crypto ecosystem a better place in my opinion. |
|
|
|
|
Nothing is safe in the online world a taking additional security steps for protecting personal information is necessary. Before installing the browser extension checking the feedback by other users and reading the source of code will be a good decision for protecting the crypto holdings. I never install the software from the third-party sites and the lack of trust forces me to double-check any extension include crypto browser extensions.
|
|
|
|
There is no ICO rating website that we can trust, It is very difficult to know a good ICO project, both individual and any organization only arrived at their ratings based on team members that submit their KYC documents; only the project teams knows their plans for the project they are trying to offer.
It is a big plus to know the team members are honest people and they agree to pass the KYC for clearing the shady questions from the investor's mind. ICO rating websites are outdated nowadays and the new trend of IEO was replaced it. ICOmarks website was my favorite website after the ICObench but I usually compare the projects' trustworthiness on both rating platforms in order to choose the better project after the decent research. |
|
|
|
|
There is no tool for comparing the satisfaction factor for every investor, it looks like the majority of the crypto investors are unhappy. Investors are not going to invest more than they can afford but some day traders usually risk their initial start balances for making more BTC on the token sales. The risky traders like to trade the token after it was listed in the exchanges which is the reason why volatility tends to increase during pump, dump.
|
|
|
|
People are very smart and wise now. They are now thinking very carefully before to invest so the chance of being lose is now decreased. I invest on some IEO and now its successful, Now I am waiting to list the token on the exchange. My mind is still worrying if this token will be listed or not.
So you're saying that it's even harder to scam people now? People are smart but wise scammers are smarter than average people. Some facts never change the consequences, if there are scammers it means there will be always a victims in all industries. In the ICOs, it was easier to scam people due to the lack of regulation and no threat by the government in such cases. Police can't track the scammers because of the anonymity of transactions in the blockchain. |
|
|
|
|
Instead of investing all to the single coin I prefer to diversify my holdings in order to get more rewards in the future if the alt season go to hit the crypto market. Putting all money to the single coin is ot smart investing strategy and losing all amounts will cost more in case of not catching the falling prices which moves faster than blink of an eye.
|
|
|
|
it is possible that the trading volume becomes more than 100 times. it all depends on the project if it develops - respectively, and the coin will grow in price and turnover. Etherium-here's a good example.
One thing I know for sure: if one of your asset has sharply risen in price a hundred times, you need to immediately sell at least half so you would not regret it later. Exit price from the trade is as important as the entry price in my opinion. The sharp rise can be a good point for this purpose but only some of the pump-dump traders buy back right after the settled dust on the price waves. It is always better to insure the profit while it is not too late. Buying back for the cheaper price will give a more quantity surely but there are other available options always. |
|
|
|
My understanding is that bitcoin develops with the existence of altcoin, every altcoin rises always has competition or competition in cryptocurrency, but there are some of altcoins who no longer gain trust because they do not have vision and mission so they cannot survive, I think that altcoin has a great relation to building the price of bitcoin
You have the right understanding, BTC definitely develops with the existence of altcoins. More than that altcoins depend on BTC but BTC doesn't depend on altcoins, it is a chain reaction. l would say altcoins is the thing that makes more meaning in the entire crypto space. As you mentioned every altcoin has not the same progress, some of them can not survive, all of them don't have the same vision and same advantage for the crypto investors. |
|
|
|
Good evening. As for today, can you guys say that there are different approaches towards making profits? What strategies do you consider for yourself?
In crypto investing, I advise holding the gold average for each selected project. Profit will follow the good investing decisions but the investor has to attentionally analyze the projects on their chosen list. Filtering the bad projects is the entry-level selection, reading the whitepaper and checking the social media pages of the team members. Aside from filtering unpromising projects, the logical steps are to check the token sale terms and conditions for getting the best ROI in the long term. |
|
|
|
At the end of the day, for a lot of people it is just way too tempting not to join the campaigns that are promising allocation of tokens worth millions of dollars, even if the projects are garbage. I have fell in the same trap at the beginning, but I rapidly learned the lesson.
Even a good project presentation ico is ending up to be scam once ico is finish what else can you expect in low quality project. Ive been in the ico since start of trend but honestly i dont see any good future any more with the new project even the project has a good and dedicated team member there is no guaranteed it will success. What are your success criteria in the crypto projects? For me, I want to see a unique idea which is not used and it can be an efficient solution in real life. After reading the whitepaper, the theory side of the idea is somehow understandable but I can't say the same thing when the team starts to apply the written theory in the practice. The diamond projects also don't need promotion for getting a tremendous amount of investment, in my opinion, the investors themselves find these projects. |
|
|
|
buy btc now. low price compare to last few months. you can't earn a lot but it is the safest as of now.
btc is the best choice now than any other altcoins.
Instead of buying the Bitcoin I prefer to continue investing in the altcoins due to the low prices than top coins. I don't think altcoins will go lower prices after this crash but the price of Bitcoin can go down until it gets comfortable on the next price support level. Having a mix crypto portfolio will also let the investors to ensure the market risks like the latest price crash, any bad news from the governments, regulations manipulation and more stuff like that. |
|
|
|
We can't optimist with some altcoin although have higher support, we see how higher price after listing on Binance and many exchange market with BNB coin, last month price have drop and many investor lost their assets with BNB coin.
That's right, your estimation is reasonable, BNB is among top altcoins and it is absolutely my personal opinion, it can be the reason for losing money of some investors, but it can not change the reality. The event is bad and because of that BNB showed us the price drop. Overall drop or increasing doesn't mean this coin bad or good. The market is changeable and we don't now what can happen. |
|
|
|
I do not think the crypto market will survive only on bitcoin without altcoins. Bitcoin and altcoins are two parts of a coin. So they cannot survive without each other. But seeing the market situation where only bitcoin is taking off, I am forced to believe that altcoin season will never come. It may be my illusion I wish.
l would really like to point out, by and large, l can not imagine altcoins without BTC or BTC without altcoins. It is a something chain reaction, in the crypto industry, there are two parts, BTC and altcoins. But l don't agree with your speculation and we must believe it that, altcoin season will come, it is my candid advice. It is not an illusion, it is highly likely that it will happen. Don't worry about it, a bit more patient. It seems it will take heaps of time. |
|
|
|
the mention of Samsung cryptocurrency will increase sales is 100%. But I want to note another thing that large companies support cryptocurrency. cryptocurrency is developing in this way. I'm not sure that if it goes further, cryptocurrency may well replace the financial system.
What? I can't even believe some people still can't wake up from the dreams or HYPE, even if big companies support the cryptocurrency there is no way for to see a collapse of the current monetary system in the next decade in my opinion. For replacing the financial system, the volatility problems should be solved with efficient options, there are still many people who don't have a bank account. P2P payment systems usually failed due to the pressure by the middle parties and the middleman in the current financial system is the banking platforms. |
|
|
|
Both IEO and ICO have positive and negative side, some time amny ICO always delays for listing on exchange market, make many investor disappointed about their investment on ICOs.
But now there are also several sales phases in the IEO, so they have to wait a long time when they want to enter the exchange, a great IEO always gives the best to investors and sales are always fast. Undoubtedly that is correct, there are advantage and disadvantage between ICO and IEO. But it seems to me IEO is more profitable than ICO, some investors prefer to invest in with IEO. As you above said, most investors disappointed about investment on ICOs, of course, it caused some of them preferred to invest again with IEO instead of wasting their valuable time with ICO. |
|
|
|
We always see the price rise for a short period after the listing in the exchanges or after IEO, but soon price be come down,
this may due to two reasons:
The first reason is that the coin or token has no real value.
The second reason is the large sale of those who got his coin free such as airdrop.
Isn't that true?
During this time I experienced the influence of sales price changes from Bounty Hunter token sales. However, if they have good marketing and a good development a sharp decline will not happen. The selling value of definite coins after the decline will rise. Many projects even now restrict bounty hunters from selling tokens by giving tokens after the project is completed gradually. This kind of way is often done even after tokens are listed on the exchange, cannot be sold directly and they lock them so the price can continue to stabilize. I'm little bit off with that suggestion since hunters should pay what they deserve and if devs don't want there token price to get dump then they should support it and do some buybacks or whatever strategy just to maintain there token price, I really saw those great project up way back on year 2017 where new alts came pretty strong but now almost all new comers are totally bullshit where there is no clear indicator if they will stay since mostly all are scams. Buyback model bounty campaigns don't solve the problem, it creates more problems from my expertise on so campaigns. Token price is not issue on the scam projects, the team of the scam projects always delay the bounty reward distribution and they never announce the exchange listing as they promised at the first stages of the ICO. The bounty hunters are deceived by both bounty managers and teams, I don't blame the bounty hunters for the before-mentioned reasons. Great projects never do make such problems and they pay as they develop their project. The problems start after the end of the bounty campaigns and the dump follows in the exchange listing time. Altcoins are more than 2500 according to the Coinmarketcap, just a small portion of these altcoins are useful for the crypto society. |
|
|
|
|
Natural selection is the best delisting machine for the useless altcoins and to be honest, we don't have wider choices as crypto enthusiasts, unfortunately. The slowly dying trading volume will not attract the smart investors and the exchange management will think about to warn the project developers for raising awareness for the project in order to bring more investors. Educating people around you will not let the shitcoins gain daily trading volume and without volume, the possibility of getting delisted from the exchange will be stronger from my experience. Only small exchanges will prefer to hold the low-interest altcoins but they will get rid of these useless altcoins if the crypto community boycott the existence of trading bots which manipulates the prices, the volume of the specific altcoins.
|
|
|
|
Altcoins prices are bleeding heavily, with some of the top-20 coins showing losses of more than 34% on the day. The most popular altcoin Ether (ETH) has dropped over $50 in the last 24 hours to a price point of $156 per coin, recording a heavy loss of 24% on the day. https://cointelegraph.com/news/tuesday-shows-bloodbath-for-altcoins-up-to-34-losses-on-top-20-coinsdo you think this down market will continues and welcome back to the bears in crypto market again ? or this is only the preparations if the market will growing really hard and the bulls will show up in the near time ? I think we are very close to bear market If BTC cannot stand. By the was it was good opportunity for money people, specially ETH. Money ETH orders filled at around 150 USD and now ETH is around 166 USD and it looks strong. Our hope is green days without see any bearish movement at the market 😊 It makes sense to invest in the low prices if the market is in the bearish climate. Current prices are garbage if we compare with the prices of the 2 months back and the support levels have to reject any bear attempt which aims to cross the $100 per ETH. I hope you already placed your stop loss and take profit orders accordingly to the fundamnetal-technical analyze. Drastically increase of the Bitcoin is now followed by the big red candles on the charts, the more price squeeze continues the fewer crypto investors will wait patiently for the next leg of the uptrend from my understanding. Sell compulsion is not good at these price levels, BTC can test the lower price points below the $7000 if the market can't hold itself from the before mentioned group of traders. |
|
|
|
|
I am not feeling disappointed, the rumors were bought back when the news spread in the market. The speculators blame the other speculators for the market manipulation, so ironic. Bakkt event was expected a months ago but it was delayed several times intentionally. Crypto whales just bought the cheap BTC while other traders were selling their buy positions to whale's market orders. So many speculations are going around the crypto markets and the biggest disadvantage of the decentralization is the lack of regulation in such situations.
|
|
|
|
|
Show Posts
