Previous pump there was lots of reason for ethereum pump major one was crypto kitties and POS implementation . Now the newses are old . But even ehtereum platform having lots of good news like russian government planning to use ethereum blockchain technology to create their own currency . Still casper POS has to implement . Then people start to leave neo and will try to but Ethereum once POS is implemented.
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It seems to me that many factors have influenced the value of the crypto currency. Statements by regulators, hacking of exchanges, prohibition by banks of buying cryptocurrencies and others. All this news background fuels distrust of the crypto.
You mentioned all are news it doesnt effect market actually but whales using these news to get their profit . For each news they started to dumping . Its normal in all trading platform . I am doing trading equity , comodity trading from past 5 years now from past one year started to do crypto currency trading . I have learned a lot . I am not aggressive investor now i am holding my coins to grow slowly .
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I am having some strategy some gone horrible . But some are quite succesful 1) I will check the ICO fund raise . Hardcap and softcap 2) Marketing of the coin and team involvement you can check in telegram 3) Buy the coin if it is way lesser than ICO price . 4) Wait for the actual product to release . Atlast your funding for some project so at least wait for actual product to be release .
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Even i think its the bull run not a trap if it is trab market would not sustain for a week after last pump from 250 billion 325 billion almost testing from a week . So if it is a trap there should be downfall now . I think it is the signal for next bull run . Even most of the people are not beliveing because of previous traps . But now i strongly believe its bull run . Finally we can only predict but whales can decide . So hope for good .
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NEO is better than ehtereum because of the below reason 1) Still price is cheap instead of buying one etheeum you can buy 9 NEO for the current price 2) NEO works based on POS so the holder of NEO will get free gas every month . Even exchanges like binance giving dividend every month 3) Lots of chinese investors interested on NEO based project 4) Ontology and Pikciochain are most successful project and ICO in recent time . These projevcts using NEO blockchain technology.
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I started bitcoin earning from Faucets then sent to exchange i got fiat currency in bank account . It was my initial experience then after i was doing lots of other things to get bitcoin . Finally i could able to get some bitcoin from online wok . Stated to invest on other coins gradually started to increase my bitcoin holding . Now i will tell why bitcoin is King if there is no bitcoin i could never know about other crypto currency . Not even any coins so I think bitcoin is the undisputed king in crytpo space soon it will be the king for all currencies.
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Japan is the country plays major role in crypto currency field recent scenarios like they made crytpo currency legal even most of the people claim Sathoshi Nakamoto from Japan . Even any movement from Japan towards crytpo currency make major role. Seconed wqithout doubt south korea see teh response of people once South Korean government try to regulate crypto space . Over 100 thousand petition goes to government withing few days . Then china Because of Mining even government restrict people are using . India No way see the response from people even RBI not handling crytpo currency . Apart fromsome small community nobody bother about this.
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Great quote even I wanted say this . But i don’t think this digital era will finish it will grow and will have huge competition inside that . You said negative side but Also there is positive side both crypto currency and bitcoin given financial independence for the people .where graduates and education considered to be creating Slavs for salary. Now people are having option . You mean to say get a job sounds like go and do the slavary again . Enjoy the financial freedom bro.
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Bitcoin can’t accept as a regular currency because of its high volatility. Still I am not seeing bitcoin as a major currency it’s more or less like asset or commodity. Even any shares or asset couldn’t find such a huge fluctuation . Bitcoin will be having this fluctuation in future also because of increasing popularity and demand other side only 21 million coins.
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Yes Japan in all aspects they are ahead by school kids food to bitcoin acceptance they make innovation . Lots of countries forcing their central banks to not to deal with bitcoin or any other crypto currency . Countries has to learn from japan . Still speculation about sathoshi nakamoto from japan running around crypto space . I am also believing he is from japan.
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Invest what you afford to loss because while your investing your brain has to in your control . Once you get panic brain starts to tske bad deceision some times it will lead to huge losses so instead going panic invest the amount which doesn’t affect normal life . Now price is rising so there is no chance of reaching 5000$ in near future . There is not much bearish news as well as taxday finished . Now market is preparing for next bull run.
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Yes altcoin are still best investment . But before investment you have to make enough research . I will explain previous two scenarios with altcoin which went really wrong one was centra and another one POS token. Centra value gone to 1 cents after SEC arrested 2 of the team members . The coin reached 4 dollar and had great team and awesome product . They added most of the crypto currencies to spendable assets . But one day everything became nothing . Another one POS token reached 3$ best devidend paying coin and it was the first POS based token finally dev left team now it’s nothing. So make enough research about team and their existence before investing.
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I bought Ada at the price of around 0.25$ but still I am in bit profit compare to my ethereum investment . Apart from this I invested this project while I was reading white paper of sp8de project while they were trying to use cardano blockchain tevhnology for spade(sp8de) project because cardano is more secure than ethereum also solves lots of problem exists in smart contract creation platforms . Then started research about ada initially I found big news cardano team involves one of the ethereum founder and also their vision were awesome immediately I put money in that . Now still planning to buy some more .
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I am going to bookmark this thread Its really great informational content . It might useful for lots of new investors also for some Panic sellers . Your conclusion completely correct Posted exactly one year back where ethereum price were around 50$ Now its value still 10X that means 1000% profit . Your Strategy quite awesome even i am thinking the same but not having enough courage to buy coins while its really in dip . Still buying slowly some coins for example even i knew NEO having good potentiality i dint buy while price went to 45$ . But i will keep thread in my bookmark always really great post .
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I think Waves and Ethereum . I have received even 1$ payment from ethereum as well as Waves . Waves having transactional fess as low as upto 0.001 WAVES . Even etheeumis having very low gas some time i end upto giving 1 Cents as transaction Fees . Seconed advantage with this platform are its widely accepted currencies and also recieving people will be happy while getting money throught these platforms . NEO is another alternative i found recent days . Its similar to Waves and Ethereum . The most useful thing is creating neo wallet as easy as creating ether wallet . Neotracker wil do the work for you . One more thing people will get GAS by holding neo in their wallet or exchange like Binance support also . Transaction fess even lesser (But personally i dint experiment by sending NEO to someone ).
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I do believe crytpo currency compltely changing the world Being a Equity , Commodity trader for half a decade . I have seen huge manipulation in market and also banks and Brokers where thking huge commission each transaction they were taking profit . Even any equity asset shows profit every quarter but there is no much price change in shares . The complete system where controlled centrelized authorities . After crytpo currency i can able to predict market easily and also fix my profit . But it was very tough in traditional marekt. Second thing . Good concept are always be funded by people . its not depend on Angel investors or Whales now normal people can support good project . ICO became one of the biggest crowd funding resource thanks to crypto currency . Last but the least now online jobs increasing each solution from crypto space giving new opportunities for Unemployed people , Students as well traders . Now its giving opportunity to not rely on regular job.
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I think Bitcoin is always better then Ethereum. I have invested in both and will keep my investments, but Bitcoin is the leader of crypto and there are no signs of changing.
Yes bitcoin highly accepted currency in crypto world but ethereum is the only technology used max to its potential because there is lots of ethereum based projects are running . Ethereum not only payment mode it is also smart contract creation platform . Most of the token in market created based on ethereum blockchain . Even projects like eos , credits were using ethereum blockchain for their fund raising and listing to market . Now they are slowly moving to their own blockchain. So ethereum is not only crypto currency it’s complete crypto solution . I think ethereum Is having better future than bitcoin.
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I will completely agree with your point . But recent multiple dips I bought now still i am in loss . Some coins like Centra I never think that it will become nothing in one day now the value almost equals to nothing still i am holding . Other coins like NEO bought at 100$ and NANO 10$ stil its in loss . I would suggest along with Patience you should research more and more even if you find any negative think dont invest . Like centra had LawSuit issue finally SEC ruined this coin.
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You forgot to mention one more dmart contract creation platform which is getting popular NEO recent some projects like Ontology and Pikciochsin has done quite well in market . ontology price was increasing even in bearish market . Pikciochain collected hardcsp do it’s better to create project on NEO instead of waves . I have seen lots of ICO’S which became unsuccessful because of waves platform. Even EOS making lots of promise . Mainet going to launch on June .
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It’s common in trading everyone regrets not investing while price is too low. Buy this dump I can’t blame anyone because I have invested for each dime by thinking it will be a ma dump but even it was going too low . Then I stopped investing now the price is still lesssr than previous investment for most of the coins . I think it will take some more time to recover and hit 10000$ stable market.
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