The price of BTC, ETH and other altcoins looks a bit low. I need advice with instances if bigger profits can be made before the year ends from BTC?
I am also hoping that we can get a bigger profit even if the market is in this kind of situation. Why cant we just take this opportunity to buy more altcoins because the price is cheap. We just need to stay positive and believe on our investing skills. |
|
|
|
Yes patience is the key but not just patience hard work, consistency and focus is what one needs to get through this also one has to be well informed that keeps you equipped thanks
This is true ,I agree with you. We cant achieve our goals or objective in cryptoworld if we dont have patience. If we are willing to wait more to see more opportunities then why not wait? Its totally worth it. You need to be in the right mind to make yourself choose the word patience especially when someone is provoking you to sell your coins. |
|
|
|
Yes it is good if you don't have a job before joining crypto world but I will like to seek ideas from those that have reasonable jobs and I really want to know if you truly believe in Crypto so as to give away your job and fully dedicate full time to crypto or its not worth leaving everything because I see it as a long journey which I need to learn everyday.
I know that my future life with crypto will be much better. I do have a job and if I still have extra time then I go with crypto. Because I didnt depend too much on crypto even if I know that it can give me a huge profit. But I am hoping to have better year with crypto. |
|
|
|
If you are to choose, which one would you prefer to store your money, banking which is susceptible to fraud like identity theft, lost and stolen cards, ATM withdrawal scams etc., or cryptocurrency wallet which is susceptible to cyberspace scams? Why?
I will always choose crypto even in this kind of situation. Why? Because crypto gives a lot of opportunities and benefits to us. Baks are controlled by government but in crypto we are able to control our own money and that is one of the advantage of crypto. |
|
|
|
So guys, what do you think about investing in different icos? I think it's a good idea. We never know which will take the lead in the future. Please help me and give me good suggestions!
Nobody knows but there is a chance that this will happen because as you can see the technology during this time are getting wider. But I know that even if that happens , bitcoin will remain as the kind of investment. I know that they will get interested in other coin but bitcoin is still popular. |
|
|
|
Right now is a tough time for anybody holding tokens. The HODL strategies put into effect a mere 3 months ago have cost portfolios a huge % loss in value...
I myself have witnessed thousands upon thousands in value destruction. Hrmmm, but what to do now?
Although I have watched, slowly and painfully, tokens descend in value equivalent to a brand new Cadillac down to a value where I cant even sell them for a used 1980s Ford where the bumper falls off...
Instead, I opted to HODL… But the question remains...
Should one effectively Sell-Out and take that broke down ford valuation now?
OR.
Does one still HODL and dream of Lambos full of Women and cocaine?
Since I do believe in that market will recover , I still continue on holding because why not? I know that some of us hesitate if we are going to sell or hold. I think its much better to hold so we can earn the money we desired to earn. |
|
|
|
Why People Choose Cryptocurrency? Any Need?
We are into commodity trading, and we are building a platform which will support the trade of commodities with cryptos. We are trying to make commodity trading very easy
That's why New Zone choose cryptocurrency world. It opens up a whole new avenues for everyone.
There were so many reasons why people choose to invest in cryptocurrency , one of them is that its one of the easiest way to earn huge profit. Most of us nowadays are confused on finding a job. Cryptocurrency helps people but some of them thinks that it was a scam. |
|
|
|
I want to know how you relate the risks to profits?
What is the determining factor for you to sell or buy coins?
How many of you are trading short-term?
Its because if yoy really want to earn huge profits thwn you have to risk "higher risk leads to higher benefits" its up to you if you want to achieve that goal. I dont usually do short term investment. If the price of coins is cheap I take opportunity to buy coins and hold it until the price becomes better and then sell it. |
|
|
|
Some governments are starting to embrace blockchain and cryptocurrencies and others are literally closing the doors to this technology. Do you think governments will continue to fight back against cryptocurrencies and decentralization?
Government do not like cryptocurrencies because they cant manage and control it. There is a chance that they kill it. But I know that cryptoccurency will stand by itself with the help of us. No one can kill cryptocurrency not even government. |
|
|
|
I think this market is not for everyone and that is why I do not usually recommend my friends or family to invest in cryptos, as it is well known that most people have a great aversion to risk and that is why traditional investment instruments still receive large amounts of money despite their stingy returns. And because of this usual risk rejection many newbies use to cry so much as soon as they suffer some loss in this market, because they never assume the great risk that crypto investments involve and believe that getting rich overnight is a simple and easy task.
I believe that crypto was made for everyone. There is no specific people allowed to invest. If you have extra money and you want to earn huge profit, why not invest? Rich or poor everyone is allowed to. They have some right to invest. |
|
|
|
Is buying BTC currently a good idea, or should I be going with ethereum?
Pls suggest...
Maybe bitcoin is not in a good condition, but there is nothing wrong in buying bitcoin at this time. The price of coins are very cheap so you can take this opportunity to buy more coins and hold it. Bitcoin will recover soon so take this chance. |
|
|
|
No , and will never. In fact its the best time to invest in crypto. You are able to invest anytime you want but of course you need money to invest. And you need to have knowledge and patience before entering the world of crypto but I know that you can learn it day by day. |
|
|
|
While this might seem like something very intuitive, it is in fact one of the most difficult things I have noticed in the crypto world. When should I sell and when should I buy for maximum profit and minimum loss? After a lot of mishaps in this space, I have come to understand that a system, strictly followed is the key.
My own system is very simple. It doesnt matter when I buy, I could buy at an ATH or midway between an ATH and an ATL; but for the sake of security I would always sell at an ATH. This system assumes there would always be a correction following an ATH, sometimes a very damaging correction that it becomes a perceived market crash. No matter when I buy, provided I don't run into some life threatening issue, I believe there would always be a new ATH, so I wait, and I sell immediately that ATH comes. The I sit back and watch the greed and FOMO take over, wait for the correction, then buy again. Rinse and repeat. The only constant that this formula relies on is that there would always be a new ATH. So far this fact is yet to be disputed.
What is your system?
I think most of us has something in common when it comes to strategy. My strategy is very simple I buy more coins when the price is very cheap, and I sell it when the price is high. I hold it when the price isnt that good. And I make wise decision for my money. |
|
|
|
How long time will take the markets go high ? What are your ideas about market cycle ?
This market getting worse day by day so what should I do for it? Should I wait for more time?
No one can predict when it will rise but I know it will take a long time. If that happens im still here hoping and believing. I will be patient because I know its worth the wait. I dont think that its getting worse day by day because it improves every single day. It can recover maybe not now but soon. |
|
|
|
If the adage "Experience is the best teacher" is applicable in different spheres of life, it is definitely applicable in the cryptospace. Those who have been in this space for quite sometimes now will be able attest to the fact that the experience they have had through encounters with different projects and coins on different exchanges, is now helping them to be able to identify at least to an extent both genuine and scam projects.
What could have aided this could be due to the fact that there is no regulatory body, alongside other reasons in the cryptosphere.
So, the more your level of exposure, the more your experience and the better you become.
Experience is the best teacher because it makes us realize our mistakes. Experience will help us to be wise in every decision we make. Sometimes we make bad decision for ourselves , so we have nothing to do but to accept the consequences of it. The experience with that decision will give us some lesson. |
|
|
|
Central bank Governor of Spain has told the cryptos bring more risk than the benefits to get. but I believe on more risk more gain theory. If you can not trust crypto, you will not be able to see its value. Risk is associated with all kinda business. It just has to be calculated properly that which one would be profitable for you.
please share your thoughts in favor of mine statement or against.
Yes risk is associated with all business , but I believe crypto bring more benefits. Cryptocurrency is risky but it helps us in so many ways. Taking risk in crypto is not bad, as long as you have enough knowledge on how to manage your own money. Because If you have that knowledge then you know when to sell your coins. |
|
|
|
I want to hear other people's opinion if you would trust celebrities endorsing cryptocurrencies.
I dont usually trust them even if they are celebrities. They just do what their manager says. We dont even know if they really know about crypto. But its nice to see that someone is endorsing and advertising about crypto because it helps a lot. |
|
|
|
Of course I will choose bitcoin , no matter what happen I will stick on bitcoin. 10 years is a very long time but why not? As long as you know that its worth it. Holding for 10 years is kinda awkward because you know if that happens most of us leave. |
|
|
|
Hi Guys A heavy road often leads to great success. The most
important thing is not give up and do not be discouraged by
numerous obstacles that will appear because it is inevitable.  If you believe that you can achieve you dreams and goals in life then you will , you may experience something bad but it will help you to be strong and to pursue your dreams more. Work hard and never give up because you know that you can achieve it. |
|
|
|
hy mates
i m seriously confused because i don't know the right decision to make now, i can't really bear the market anymore ETH has fallen to what i don't know the market is no longer pleasing i m loosing everyday by day.
should i sell or hold instead of me loosing every day. now just to a look at ethereum price $297.43 what i bought at $900 last year December
please can someone tell me what to do?
I think the best thing you can do now is to hold. Holding reduce the chance of losing money thats why of us prefer to hold than to sell. No one knows what will happen but the choice is upon you. I know that many people recommend to you to hold. |
|
|
|
|
Show Posts
