Probably the main reason is only because people, after being able to lose all their funds, understood that they did it for a reason and did it for a reason. Today you can lose money, but you can earn tomorrow.
The important thing and the teaching of this, is that if you had that loss, you learned why, again you must make a plan, where the risk decreases and the chances of success increase, without falling into the mistakes made previously, there are always good entries, must identify to re-enter successfully and make a profit.
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It's not only a good way it's the only way to raise money for a project that is related to cryptocurrency, but the bad part is so many scammers are using this, to scam crypto investors, now investors are leaving many potential good project, because of this.
This is so, although they are now having new regulations for ICOs, which reduces financial fraud and allows them to continue to flow with technology-based development, many people are already in the final stages of the projects and are having a great acceptance , due to the fundraising through the ICO, new jobs have been generated and a large number of projects that open up on this path.
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The bear market lasts a long time and this makes it difficult for many people to make a profit. We know that it is not always the Crypto market that is collapsing. And of course, the market can pump again. We must be patient until this happens.
The market is in a phase in which investors know they can buy very cheap, it is a great opportunity for all, what is needed is to have patience so that the market starts again its upward trend, it is not known how long. At the same time, a good investment will bring incredible profits.
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After the last bullrun many people have storm this forum looking for a way to get rich quick with zero knowledge of how cryptocurrency actually works if you are one of these people please start from scratch and learn how cryptocurrency really works,the people that joined the crypto train since last bullrun are the ones giving the scammers more courage to create scam projects because of the assurance of making huge money ,if no one invest in scam projects anymore scammers will find there way ,REMEMBER THAT BEFORE THE BULLRUN MANY PEOPLE ARE ALREADY IN CRYPTO WORLD ,INVESTING ,ADOPTING AND LEARNING ,THEY KEPT CRYPTOCURRENCY ALIVE TILL DATE ,THEY CARE MORE ABOUT ITS SURVIVAL NOT QUICK PROFITS,WE SHOULD BE ABLE TO PUT SCAMMERS TO SHAME AND IT CANT BE DONE IF WE ARE BLINDLY INVESTING IN THEM.
I think it's not so simple as you imagine. If you remove scammers and add more regulation and government control in crypto sphere, the opportunities to get rich fast here will vanish and the situation will be similar to stock market here. Totally, in 2017 the bitcoin entered into an uptrend, it was very easy to win, because the altcoins were also rising, now we are in an accumulation phase, where we must operate with care, it is a phase where we must accumulate a lot, maintaining is the key.
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Yes, i think this is a right time to buy altcoins because at that market is down, when market rise after some time & this is a right time to earn good profit. I prefer ethereum is best coin for long term & short term also and it comes after Bitcoin & everybody like it very much.
You are right, the market is currently in a phase where it is very advisable to buy, and if you can have some Altcoins it would be very interesting since it is a way to diversify our bitcoin investment. At the moment that bitcoin begins its bullish stage, all the altcoins will follow them, it is not known when this phase will begin, it is best to buy and maintain, to have it as a long-term investment.
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I’m a long term hodler. Have had a few LTC since 2014, always been a fan.
I’m consolidating my portfolio.
Would you rather 4Eth? Or 12.5LTC?
Which would you choose and why?
Right now it would have both currencies, we are in a clear phase of market accumulation, sometimes the altcoins market may fall, but it is temporary, when the bitcoin takes its upward career, new grandiose benefits will come for the holders of altcoins.
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The fall in the prices of the top cryptocurrencies have affected the use of ICO to raise funds for crypto projects. Due to this, crypto projects with no working products usually have problems using ICOs to raise funds. ICOs are no longer a good form for investors to invest in cryptocurrency.
I do not agree that ICO is a bad way to collect money. It is only the situation on the cryptocurrency market that caused the ICO to be in crisis as well. When the situation stabilizes and the cryptocurrency prices begin to grow again, the ICO will again become very attractive to investors. There are already new regulations for ICOs, which indicates that frauds will significantly decrease now, we must not lose hope, there are still ICOs that are working very well and about to execute their last part of the whitepaper, you just have to know choose them well.
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If you are a very long investor especially if you don't want your investment right back very quickly then only you can invest in EOS because it is very stable and it developing little by little so if you are getting your profit it will take at least few years so long time investment will be best for EOS investment.
Long term holding with EOS is good since the potential for this coin is there already, and maybe EOS needs to develop and investors will invest here. Know the risk of holding, don’t just invest on a coin that is not good to hold, EOS is also a big coin so for me its worth to hold. It is a very good option, EOS has a good growth in the market and an acceptable volume, but if you are going to buy it, you should keep it until Bitcoin starts its upward trend, this phase of the market may have bitcoin volatility and the price of EOS will fall, the important thing is that it represents a very good long-term investment.
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You must bear in mind that you will place 5% of your investment in Bitcoin in a project, where it is more likely that where you decide to place it, you can go down and follow a bearish race, we are in a phase of the market that is accumulation, if the bitcoin increases, It is beneficial, but if it falls, the most affected are the altcoins and the projects ... If you have a well planned diversification, as you have shown, my best advice is stay as is, just wait until Bitcoin is in an uptrend and your entire portfolio is green. It can last a long time, but it will be worth it.
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Here in the Philippines we could use our local wallet called coins.ph to buy load pay for our electric,water and credit card bills and even book for travel.
That's great to see bitcoin have more use cases over time, taking the place of fiat currencies to pay for goods and services. I believe bitcoin will be especially valuable in the developing world due to its economic and political instability leading to occasional hyperinflation. This is very beneficial, as they do in some airlines that give the option of payment through Bitcoin, every service that can be paid with Bitcoin is excellent, it expands more and more and this makes the market in general begin to grow, simply because there will be people who will be integrated into the bitcoin world, and possibly investors.
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Patience is our choice as a bounty hunter . But sometimes we are anxious when looking for a bounty as our main income. We have participated in various projects, but no payments have been received
I think that when it comes to payments, should not wait for those who work, then, it is seen as something not very professional, the projects that pay the day and time are the most serious, those that show the highest ethics. When a project that does not pay on time or, worse, does not pay, falls completely, this is something too delicate, especially when it is in a large community.
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It is undoubtedly a complicated issue, lately Binance has received much criticism due to some coins that have been listed, according to many users, felt that they were lowering the level of trade. Binance can not lose its reputation, it is one of the Exchanges Number 1 that there is, it can be doing or taking very drastic measures, since they do not want to continue being accused of the Pump and Dump.
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Confidence is not so good, because at any time the analysis can fall with an increase or fall of bitcoin, it is always good to know when to enter the market, but you should never assume or trust. The market can give a surprise not very pleasant.
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If your intention is to invest, the best is the bitcoin, but if you want another altcoin I recommend you eth or monero, Eth because it is a currency that handles large volumes of money, and monero because it is a currency that is in the DeepWeb and always market with it. However, you can search altcoins top5 and do the relevant research yourself and lean to the one you like the most. If you invest, you must wait a long time, as long as it is necessary until the bitcoin starts to rise, if you manage to keep your coins, it is very likely that you will get great benefits.
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the problem is : right Now no buyers no new investors who entering to crypto market. now just the same old buyers and sellers.
its Not Bull market yet.
Second problem: No fiat to enter... 2017 was a boom in Economy so Everybody Got a lot money to invest in to btc.
To make good bull we need to dump a lot Fiat currency into crypto market. Where we will Take that much Fiat?
It is not so much the FIAT, what is needed is that the bitcoin rise to new prices, if it rises from 4k to 5k, the Strong Hands, have to look for those levels with the intention of testing the offer, it can immediately generate a correction to take profits selling and can fall much lower than right now, the important thing is that since the levels of 3k were not found with sales, that is the reason that they must raise the price so that they continue to accumulate bitcoins.
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XBX (Bitex) is a new altcoin that is very good for being a trading asset and can trade it on the IDAX Exchange. I am sure you will be very interested if you have seen the trade history at IDAX.
This is exactly the challenges we do have with most newbies which I’m not left out too though and its impatient, impatience is what made lost lots of cash when I first started thinking my 2 weeks practice using YouTube is enough to get me into trading. Most newbie are not patient enough to learn every stage of trading before they start trading, Imagine a newbie who doesn’t even have any understanding of the industry at all want to start trading within 3 days. Trading requires patience and enough skills needs to be grabbed before venturing into it. You are absolutely right, it would be ecxcellent that before you start trading, you will start with virtual money Exchange, so that you will be testing your strategies, it is a good way to understand the market, and above all to know how is the speed of reaction, and how do you react to the losses, because there are many newbies who start, lose and retire because they think they do not know and that can not be learned.
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Bitcoin dropped about 85% from ATH and Ethereum about 94% , the same like ETH others altcoin also dropped between 94% to 99%, this is really sad. I think many people have questions, if possible the price will reach to the highest price? Because the total market cap of crypto still low, in the long term all that crypto has potential to go to highest price again.
These falls are normal, because the market has a structure, and because of that structure has been fulfilled, I can only say that we are in a phase of accumulation, in this phase it is advisable to gather the bitcoin or altcoins you can, and wait for the time that it is necessary until the bitcoin starts to rise, because when it starts its bullish phase, the bulls in the bitcoin and altcoins will be impressive.
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I wouldn't use Bitmex, they are super sketchy and trade against their own customers. Bitmex is basically just a giant casino and the odds are against you.
Well you're right, Bitmex has a somewhat different arbitration, although they adjust it, but generally you have to handle yourself carefully in Bitmex.
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I think the percentage is accompanied by its strategy, in my case, when I make an operation, I win a 3 to 1, for example, if the Stop Loss I place it at 4%, my benefit will be 12% if it arrives, otherwise, I assume my loss of 4%. But I do trade in positions that can last 1 week or 2 weeks, depending on how the market develops. Now if you do it, Scalping is another kind of strategy.
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I think many times when we opened a position and lost, there was an internal voice that said: Do not enter ... After reading some books, I meet Jesse Livermore, who speaks specifically of instinct, and often, if there is an instinct that you must follow, pay attention, because as strange as it may seem sometimes works, then he advises that if you have an instinct, you have to pay attention.
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