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I hodl because I don't think the market is where is should be. I see a lot of potential and in time we will get there. I don't think I will leave everything to hold and I will pull out something soon (this year) but I will always leave something in a coin. I think taking it all out is not the best idea. You never know.
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I have read some posts and some concerns that it is the volatility of Bitcoin that is preventing many people and many businesses to fully adopt Bitcoin. This can be the main factor why big online shopping stores are not yet adding Bitcoin into their payment facilities (though there is now a circulated petition for this but I doubt if it can make a dent).
Some are really saying that if volatility can be managed then we can see Bitcoin going mainstream. I am wondering then: Is volatility something that we should find a way to control and how do you think it can be done?
I think the only way that volatility can be managed is if bitcoin is being used by more people where there is less control of the few to dictate the price. This will not happen in the near future as bitcoin is still a very young currency and still in its development stage. But as years go by and more people are able to use it, the price is going to reach a point where it will stabilize and only minor movements are to be seen. I agree with you. Slowly people with a lot of capital are getting their hands on it. Since there is not a lot of supply it can become manipulated if someone holds a lot of it. But it is used a lot and many transactions go through it daily. Slowly it will be controlled and then only certain people will have their hands on it. Hold on until you can't reach it anymore. |
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I saw Arcblock had a lot of FUD around it but a crypto influencer announced that despite the fud they will still invest. Apparently, the fud was created on purpose. It was a tactic to not be as hyped up. I can't believe that is what these coins are doing now on purpose.
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Ethos and Deeponion are great! I am invested in both and they have great vision with a really good community. Deeponion has a air drop right now still going on. And Ethos' platform and roadmap adds a lot of value to the company. I believe these two are great choices. I bought them pretty low but wish I bought more during that time. During this dip they are at a really good price!
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I just plan to go step by step to get out but always have something in the game. A bear market is hard to take anything out. And a bull market is hard to tell when it is at peak. I am waiting for the next run and plan on doing something there. But I do still think the best thing is hodling.
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Not so easy anymore and it will get harder. Unless you have friends in the game that is up there or have a lot of money it will get harder to make the gains or get in ICO's of any kind. And if you can it will be capped. The changes are coming.
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I don't really like short-term trading, for this reason, you can lose it pretty fast without wanting it and it's not much you do if you sell it. But if I have a short-term trade and it is down I just wait it out and sometimes even buy more at the dip.
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I would love to travel. I really want to see Iceland and also somewhere like Greece islands. Obviously, I would like to visit more places. I like to visit and learn the culture and also try their foods. I think that having those experiences can change who you are as a person and expose you to great things.
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I was vegetarian for about a year. I would say the first couple of weeks were hard. But after that, it gets easier. I didn't crave meat or want any of it after the first month. I found a lot of vegetarian dishes everywhere I went to eat or I just asked for it without meat. I did sometimes feel more tired because I did not have enough protein. If you want to do it I suggest getting vitamins like B12 to not be deficient in it because that is what we get from meat. But I did feel healthier.
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Sadly I don't have any but a lot of hype is on wan chain going to the moon. It is not even out yet but speculations have been huge for this one. I am pretty upset that I missed it. ICO's are harder to get into and that would have been a good one maybe even for the year. So many people are just waiting for it to hit exchanges.
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I like Deep Onion a lot. They currently have an airdrop and I like how it is going so far. Each week, if you qualify, you get the air drop. They have a good road map and the growth that has happened increased a lot but I still feel like it's not overly hyped. Not that many people know about it and I feel like once they know it will go higher.
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just wait.. The market it down for everyone. If you are down on a trade just wait until it goes up. There is nothing else to do at that point. I never understood why people would sell at a loss. You lose what you can potentially make later. If they are good coins they will come back up.
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Not worried at all. It is actually healthy for a correction like this. Bitcoin and alt's can't go up forever. There was a need for correcting to get back to some kind of stabilization. This is also something I am hearing from other people so its just going around that it is good for the market and it will go back up so just hold on to what you have.
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FUD has caused the market to correct and create a major drop in market cap amount. Everyone had panic and sold even at a loss which I do not understand. I do think that it will go up but so many people freaked out that they sold what they had. It will get back with time, it is healthy for the market for corrections.
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You need to do a lot of your own research. Mainly make certain criteria you are looking for in a coin and go based on that. Usually is it based on the team (who is on the team and what experience they have), vision, whitepaper, and coin supply. You might want to add more to this. But keep those things in mind.
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How do I transfer my coins from MEW to the Cryptonex wallet? It keeps saying my address is invalid.
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So I would first say never go all in once coin especially in trades. Also, never sell at loss. Keep what you have until at least break even if it's a bad trade. Trades are hard so I would just have patience because the market won't always be in your favor.
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So many signs were going on right before their out. First of all the site went into "maintenance" for a couple of days. Then they were paying the higher percentage than usual and the BTC price was fairly low for that to happen. Trevon James did not make more new videos, he was probably warned. I just feel so bad for all those who had no chance and BCC screwed them all.
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Telegram is the best place I think. It has all the coins and the communities on there. People are joining every day like crazy. I also feel like Twitter is a place where announcements are first made. It seems like it is said there and then on all other platforms coins are on.
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Investing now would be great. It is a low market cap and it is down. I think that red days are the best days to buy. Everyone is panicking but they will learn that it will go up in time. If you just be patient and wait it out you will make the gains. HODL has proven to work and is safe when you don't buy at atl and wait.
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