As days goes by, many exchanges has been build and i think its okay for crypto that there are many markets because, people choose those exchanges that will help them to trades their coin conveniently. Lets just say, they are competing towards costumers like us. Thats good also because we can choose what market we like and most of all, fees are mattered and also the security for us as a user.
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Many of them are doing panic selling because maybe they are lossing their hope that bitcoin will not be back to its highest pick mate. And the other is, their current situation, maybe some of them are badly needed that money so they try to sell even if they has loss on it. Also some cases are, they switched into other coin to invest in.
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Both mining and trading has needed some of funds needed before you cam start up on it. And i must say that those are not safest at all. But it also depends on what you can afford mate if you will choose in both of them. If you have enough money to start up into mining, them its okay. If your money cant afford those pc to use in ming jist go on trading. But i assure that there are no safe at all in both.
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Many of us here totally destroy their trust into bitcoin because they think that, it will not be recover in the future anymore, thats why many who sold their holdings to cut off their losses. Yes bitcoin right now are in deep but its not the reason to stop holding o it if you are a true believers of btc and Cryptocurrency.
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The decrease of people who invested everyday here in cryptocurrency is the main reason why prices are slowly going down and down. If there are more buyers compared to those who sells their bitcoin and other altcoins, this bottom will not happen. And as we can see that as right now, still going down and down.
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Yes there are so many projects right now that has been turn on into a scam project but not all of them right now are scam. There are still legit projects that has proff of work and their platform has existing already. Lets just choose projects wisely. But opposite of that is, yes at the time right now, investing are very risky
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The most i worried about in cryptocurrency world is, if those prices right now will still or will continue to go down and down,i think people will stop investing into it because in everyday, they are lossing their investments because of dump prices. I hope that it will not come in the future.
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As what i have seen in many markets right now mate as of now, i think its different from prices last year and not this time for the comeback of cryptocurrency. Many people right now doing panic seeling compared to the counts of people who are buying. Lets just hope that in the next year, it will comeback.
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Using a cryptocurrency as a way of payment and making other transactions through blockchain is a good for all of us as a citizen and for me, we all ready to be in that state but as what i have seen, its not yet ready for all because there are still people who dont truly understand what it is all about. Maybe in the future mate.
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Those news we read and heard or even seen are just examples of spreading into crypto world of decision making. They try to said what is going on so that people will decide to sell or rather buy bitcoin. Which leads us to being in a pannic mode. Lets just be accurate on our goals of when to sell and ignore any bad news about bitcoin mate.
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I will choose the stable price of bitcoin mate but not this current price of bitcoin. If the right time will come that bitcoin will be back to its all time high thats the time i consider the price to be stable. And for now, i rather choose only the volatility of bitcoin and other coins in the market.
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Cryptocurrency is both danger and also an opportunity for me mate because, if the people are new to crypto world, he or she will dont understand easily what is going on in here and that would lead to be scam if he will not be carefull. And the other side is its a opportunity because, as economics are going higher improvements, crypto leads us to become our life easier with many projects here that has been build.
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Before doing a decision of buying a bitcoin in this time mate, think first if how long you will hold bitcoin tp gain some profit. Because if you will sell it immediately, there no change at all because bitcoin right now are in stable low price but if you are planning to hold it for a long time, yes definitely a good time to buy some of it.
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As an investor of a certain project mate, yes you will hate those bounty hunters that instantly dump the price of coin just to secure their own profit and then run away. But i think it will be depend on the team of the project on how to manage dumpers from bounty reward. Example of that is, distribution of any bounty reward will be monthly basis, for that, it will help the project not to instantly dump the price and it help also the liquidity of the said coin
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I think most of tokens or projects that has been build has a goal to list their coins in many exchanges mate, so that the project itself will be known to many trading sites. And also, if that project has legit goal to achieve in, and its platform have been build with that team, theres no way for them not to list their coins.
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Investors of bitcoin is the main reason why price of bitcoin are now stable and as we can see see that its still lower compare to last year's price. Yes there are still who bought btc and opposite of that there are also people goes selling their btc. I think its seen that people who buy and people who sell are just balance that is why price are stable.
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If we, many of us will do this that will bought bitcoin and alts, i think it will help to market be recover. As we can see that prices right now are in deep which is bad. And for me, its a good time to buy while cheap price but there has also a risk between that decision.
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As what i observe in those ico with teams in their platform or more trustable compare to teams that is anonymous mate because, we cannot know what is running into their minds, what if they will go run away, they have a big reason because they dont state their names and nobody knows them. So be in wise, choose those projects that are legit
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