It is always worth some money to invest in Bitcoin, as I think, now it is necessary to keep most of the funds in Bitcoin, and the rest of the funds should be distributed among the top alts.
I think just investing in Bitcoin can make you rich from this market but it requires a large amount of money to join because if you have a little money, altcoin is the solution. Over the past half of my assets have been Bitcoin and until now I have not lost too much money from last month's price cuts. I believe that if the epidemic ends soon, people will return to their daily lives and the price of Bitcoin will rise even higher. The best investment should be the right strategy and must be carefully considered because the crypto market is now very unpredictable and Bitcoin can not always make you richer. In my opinion, the world situation is getting worse now and until now the fear of investors is still there, so it is impossible to raise the price. I think to be patient and wait for what will happen next because if corona does not end then the crypto market will continue the downtrend. |
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Failure is part in becoming a good and experience trader nobody starts in winning the market and making a ton of money in the very first try. Everybody has been in that position, always be persistent in learning but never be to hasty before making a decision like the saying goes "Think twice before you leap" and only trade the money that you do not need and dont try trading your whole savings especially when you're a newbie.
I am too familiar with losing money in this market because you are not always 100% successful in trading and sometimes you will feel frustrated because you do not know what to do next. I think it is necessary to accumulate a lot of new experience and always add new knowledge because trading is a job that takes a lot of time. In addition, I also feel that I am not good at trading so I prefer to invest more. To be honest, it's really not good to get in trading if you don't know about trading as it needs a lot of knowledge and information about trading and if you don't have so you will surely lose at the end so instead of loosing and first try to learn the trading skills well and then think about trading people make mistakes as a beginner and it causes them failure in trading so learn properly before trading. Trading depends a lot on your decision and certainly learning trading is never enough because the crypto market is always changing greatly. I usually study trading at youtube because this is a very good learning channel for everyone but it is just the basic knowledge and if you want to become better, you need to have a reasonable trading strategy to avoid risks involved. |
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From the day you posted it till now market move up a bit than $160 in the last 3 days then dump a little in this day. It looks to me that would be going stable here between $150 and $160. But as what majority said, such movement was influenced by Bitcoin itself, well I agree as there are no significant news related to ETH alone on why did it move like that. So may be for now, as long as BTC pump rest assured that ETH or let's say several altcoins would do the same.
Now it's hard to talk about the future of ETH because the coin is very volatile and just a bad news can make things worse. Any prediction just stops at the prediction and investors tend to hold more fiat during this time. Of course, $150 -160$ is only a temporary price and certainly this coin will drop more if the market does not have a big improvement. |
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Right now XRP is 0.20$ while OP bought it near its ATH value. Nobody can say that from
here whether XRP will go to zero or 5$ or may be 10$. Its a centralized currency with
backing of banks, which is a very strong point. My suggestion to OP is that wait for right
time, selling at current price will give you nothing.
It will be very difficult for Ripple to reach the old ATH level and certainly reach $5 will never happen in this coin. In fact, this coin only has a decrease and not much hope when you choose to invest so think carefully because it can certainly make you more disappointed. However, one way or another, you still have the right to hope because this is a very valuable coin in the future. |
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I would rather be realistic than trying to sugar coat. Bitcoin as safest of all assets? Come on man. Volatility is a big issue, reason why many small investors will be reluctant. They cannot simply afford to lose big. Nevermind tha whales, as they are eager to gamble millions of dollars in any trading market.
Bitcoin is a safe coin at this time and the risk may be greatly reduced if you buy it cheaply. Last month, Bitcoin used to drop to $3800 and that was the price I bought, so please take time to analyze before the uptrend of this market returns. Of course risks can happen at any time, but if you have the knowledge you will never fail here. |
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It seems that XRP may grow to $1 this year, but on the other hand XRP will not be able to grow to $1, because the market situation is not the best at the moment, and simply because of bad events XRP is unlikely to grow much in price.
What can make you trust this coin because up to now I don't have any reason to invest in ripple. Actually, people are only interested in the technology of this coin and investors are almost no longer interested in investing. Personally, I would look for a better new coin instead of choosing to invest in this shitcoin because it doesn't have much value in the crypto market. |
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Now it is best to invest in ETH, because alts are now in almost the same condition and you need to invest in the best of alts, and now ETH is the best of alts.
In my own observation in the last few years ago once we are talking about the best altcoins the majority of the people said "ethereum". I think why the people love this altcoins the reason is they see the potential of that to become a new king of crypto as well also to me. Ethereum is not only the best altcoins but also it is the best in all coins including the bitcoin we know that coins have a lot of prove to us but in my opinion or what I imagine that someday ethereum will beat bitcoin as top 1 crypto coins. Ethereum can never beat Bitcoin because the crypto market is now dependent on Bitcoin, so there are no rivals currently. I think in the future, all available coins will never surpass Bitcoin. Of course, you can daydream because everyone has the right to hope but look at reality more before concluding. For me altcoin will always be altcoin and bitcoin will always dominate this entire market. |
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Trading signal is the easiest way to lose your money because you have to walk like a blind with those signal Providers. If you really want to earn money from trading please avoid this kind of trading signal first. First of all you need to learn about trading, how it work, where should buy,risk management...... a lot of thing. They if you brave enough to put your money on the risk you can start trading.Otherwise trading is not for you.
I never risk trusting the signals because the risk ratio is really huge and if unlucky you can lose half your assets in just a few moments. Based on what is happening in this market, it is best to spend time researching and not trust anyone because the crypto market is very harsh. I used to trust some signals in this market but most of me failed. |
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the three coins are indeed still good and very recommendations for investment there, TRX, BCH and Ripple have strong fundamentals, moreover BCH will now experience Halving, there will be a surprise for this coin, buying now is very good for HOLD
I am very interested in BCH because this coin usually goes up very high if Bitcoin has a big improvement in price. In my portfolio, this coin accounts for half of the assets and certainly the price increase will be just a matter of time. The future of altcoin is very unpredictable now but it is clear that many coins will soon rise again if the covid-19 ends. Of course this time I am very careful and definitely only invest if it is a good price. |
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This strategy is just used in increasing market. How's about decreasing? I suggest you must preparing many strategies for trading. Besides, you need to follow the market frequently to give right choices
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The market has just recovered a bit and there is no signal prove that it can raise soon. We need to wait next few days to give the right choices.
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I have some advices for you. To find out the legit ICOs, you can visit some good ICO website rating such as ICOdrops.com... After that, researching carefully whitepaper. Some good project such as WEpower has been suppoted by Government.
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I totally agree with you that we should spend all your saving asset for Bitcoin. That is a gambling. but if you can spend time to research and trade BTC and altcoins, you will be richer.
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the price coins have decreased so much and this is really a good time to buy. you can choose some potential coins which have a good developer team and good products. they will rise after the market recovers
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yes, i totally agree with you. do not too be worried. this is just a simple falling down wave. there are many good new in the market now and I believe that investors will buy coins again.
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In my opinion, the best way to earn money is do not trade based on trend. It means that if the market goes down, lets buy potential coins. And when the market raises, lets sell your coins to get profit.
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I also think that it depends what coins you invest. in my opinion, you must look back the price chart to invest old coins. If you wanna buy new tokens, you must research the project and the product. if they are useful, you can invest in them
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I think the falling down of the market now because the effection of BTC's price. The investors are not patient enough to hold tokens. They look the falling down of BTC and they sell in panic their coins.
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In my point of view, you cant deny the time exactly because it depends on the coins which you invest. you should spend time to research price charts to give your decision
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