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I agree with you. Nothing good comes easy and only losers give up when they fail, the truth is, we are all gonna fail at something and at some point in life, but we are definitely gonna win again if we are willing to try again one more time because destiny can only be achieved by those who truly and strongly believe in the power of their game. The most important thing is having the right mentality, not everyone can handle failure and not everyone is strong enough to try again. We all have dreams and I hope we all someday achieve them. Never give up, keep trying, even when you fall, stand up and try again until you finally blast it through, that's what champions do.
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Telegram package
Started : 22/08/2018
Telegram username : @wonderbarthsnr
Eth wallet : 0x1f2A1a31b4d34B39Aec3481daBD92D0552Ae2390
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The thing about cryptocurrency trading is, there are times you cut some coin loose and there are times you hold no matter how bearish the market is, but knowing how to differentiate both period is key. Panic sellers and buyers are usually the emotional types and to make good profit in investment one has to put emotions aside. Panic/fear is an enemy of success, but I think most people panic because they've got very little idea about how the market works and sometimes due to public information's, without doing their own research. The advantahe however is, when they panic sell and dump valuable coin for cheap prices, those who are calm and with a good plan will end up buying and hereby making huge profit in the long run.
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There is actually not a specific amount to start trading altcoins with. You can start with as much as you want to but the cryptocurrency ecosystem is highly volatile with lots of opportunities to make huge profits and to also lose your funds. Do not jump into investing, do your own research and never forget not to invest more than you can afford to lose.
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Cryptocurrency do have all the potentials to make you rich but it's more of a long term financial investment than a source for an overnight wealth. It is in very rare cases and comes with absolute luck to see a person invest in cryptocurrency and hit the millionaire status almost immediately. In the world of crypto, there are so many chances to make lots of cash and also lose it. It all depends mostly on the project you're investing on.
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As you can see, I'm also a newbie yet I'm actually wearing a signature. So, yes, there are signature bounties for newbies but it's very rare.. Mine is the signature bounty campaign for INGOT COIN. So, If you are willing to wear a signature as you nurture you account into Jr member, then kindly follow this link : https://bitcointalk.org/index.php?topic=3591451 |
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The current market is so severe that most investors are too scared to even look at their portfolios. The Red market brings with it advantages and disadvantages. Investors are panicking and also selling out their assets cheap because some coins will lose their value and potentials in this bear market, not all coin will return to their initial value once the market bulls run again but this is also a very good time to invest on some promising coins. I would advice people to be calm. Follow your instincts, sell of any coin you feel might lose its value and reinvest in other projects by buying lower and hold until when the market is up again. IMO, this is also the best time to buy Bitcoin.
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There is not really a 100% way or method of detecting scam projects. The most safer way is going along with tested and trusted bounty managers. Doing research is cool but won't do much as scam bounties are very good at covering their tracks, they probably have the best and well constructed whitepapers.
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There is actually no stipulated time for you to wait before selling your assets.. It's your decision and depends on your crypto strategy. You have to set your priorities straight. Are you in crypto for instant profit or for future financial stability? If you can honestly answer that question then you know exactly what to do between holding and selling. For me, I wouldn't sell at such ridiculous prices, it'll be illogical and strange for me to. I'll hold for as long as it takes the market to be stable and prices high up to my own satisfaction.
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What a unique portfolio you've got. Why quit now when you've got the potential and assets to gain more.? What you need is well draft out portfolio plan. Almost all if not all the coins you have got big long term potentials. Do not listen to your friends, follow your own path. My advice to you would be, sell half of your coins and hold the other half. It is just too early to sell off and quit over some peanut change. Investments are for long term financial stability.
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It is absolutely true that we currently experiencing a drop in the market. So many ICOs have been unable to reach their soft cap due to the fact that people don't invest that much these days. It is normal for the value of coins to drop as bounty hunters are out dumping Day after day, but my advice will be for people to wait rather than dump. A whole lot depends on the potential of that coin. It is imperative to make research and know how valuable whatever token you have has the potential to become in the long run. The idea is to make massive profits not to settle for less, so rather than sell, just wait., The market will definitely go back up, sooner or later.
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Making profits is the target when investing and the only way to make substantial profits is to hold.. Dumping every coin as a bounty Hunter is only gonna generate you very little income.. But, the thing is, not all coin have potentials to increase in value in the long run, that's why holding for long term or dumping depends a whole lot on the Hunter. As for me the idea is to research on a coin, discover its potentials, buy when the price is still low, hold as long as the market needs me to until it hits a price that hats good enough for me, then I sell off. I'm a big fan of longterm holding.
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It would be absolutely illogical for an investor to invest in any ICO based on media informations and other people's theories... Doing your own research goes a long way in helping you analyze the potentials, value and future of a particular ICO you wanna invest in.. Cryptocurrency is too risky and you can't afford to invest based on what your friends tell you.. If you wanna invest in a particular project, I suggest you read their whitepaper, study the roadmap, get to know the team and developers, all this doesn't always help differentiate scam projects from legit once but it surely do narrow the odds..
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Coins are not really 100% safe anywhere... There are some scam exchanges out there too that'll disappear immediately enough users have deposited substantial amount of valuable assets on their site.. To minimize lose, the best and logical step is to distribute your assets in as many wallets as possible, making sure you don't share or expose you private keys, with this, even though a wallet is compromised, you don't end up losing all your assets..
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