Such projects really can bring large revenues, but not for long. You can’t blame them for lying, because if the project lasts a certain time (half a year - a year) you really will receive the promised profit.
As a rule, such projects are bubbles, and burst very quickly. In view of this, you must always understand the risks that you are taking, and calculate the moments when you can exit the project or not go into it at all.
For me, such projects are like a lottery; investing there a lot of money is a very risky task. Unfortunately, many people carry the last money in these projects and often fail.
Well, that might happen in 2017, but since 2018-2019, it has been very rare to find. I hope there are still projects like that, but right now a project that gives millions of dollars in prizes is really not guaranteed. some projects even do prize cuts at the time of distribution, other than that the price is also not guaranteed. I prefer to support concepts and prospects that are clear but have a small allocation of prizes, compared to less obvious projects with millions of dollars prizes. |
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Don’t be looking at the charts all the time;❌ - that is. When you know about yourself that you lose emotional balance when something goes wrong, it’s better to set your take profit and loss goals and close the chart.
yes, one of the things that makes FOMO emotions react is to see charts too often. it causes us to want to immediately buy, or sell the assets we have for fear of losing the moment. to be honest, this happens to me very often. tips that I can give is try to focus on other things. maybe you will keep in mind the price, or something else, but when you do that, little by little, you can control that. in addition, try to have a target for sales and sales issues. have the principle about it. |
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at the moment, I don't think that cryptocurrency that has great instability and is also decentralized can help the country's economy and be an asset to the country, or individuals. in fact, I think that this is quite dangerous because we don't know when prices will actually fall.
other than that the government will not do that because some of them are also fighting against cryptocurrency.
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With so many controversies arising from this tech giant's ambitious actions, we never truly asked the most important question.
Would the people actually use Libra should it be approved by the congress?
Certainly yes, Facebook's Libra has a lot of advantage despite of its advantage. A lot of people have different opinion on this but at the end of the day, its successful still depends on their actions. I personally don't like Libra's platfrom because it's centralized, I don't feel that I'm really in control of my money once I'm holding it. The major reason why I'm using crypto it's because it's decentralized and disallowing that feature will just make me think of using real banks and remittances instead. maybe people who don't like centralization don't really agree with libra, but I think if the development of libra is good enough, facebook users will use it. however libra is also developed for people who want to do business, so if it does have good results, I'm sure many people who don't agree will also use it. it's just that, so far there are so many pros cons versions from libra, and I'm pretty sure libra won't arrive on time. |
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You are right, you don't have to HODL an asset for a long period of time you can quite easily take profits when they present themselves on a short term basis or simply accumulate when good quality assets represent value buys
Yes, thinking about it is easy, but doing it is difficult. some people still hold their assets for several years and have not sold them to get a price that is worth. however, in the crypto world, you can sell these assets at any time, but you will consider them as losses, or profits. I even held coins for a long time. however, to avoid starvation, you only need to invest assets that can be lost from you, and make your main assets, so that you will look for the highest profit in this case even though you have the opportunity to sell it. |
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I haven't been trading my bitcoins and cryptos since this year begins, but I have noticed that the hype train is slowing down since then, compared to last year. I want some honest opinion about the future outlook of BTC or crypto per se. Should investors invest in it ?
As to what most of the people in the world predict and conclude, we can never deny that crypto is already part of the future. It goes together with advancement of technology and it can already be seen in different countries being advertised and regulated. Even though the hype is being slowed down, we should keep in mind that it will always be a part of your investment wherein things would get complicated but as you keep on putting your trust in crypto, it would later on surprise you with great profits so just stay patient about it. I have the same opinion. At present, cryptocurrency has become part of the technology and continues to be developed so that it becomes better and has no shortcomings. in terms of investment, it depends on your own conclusions about this. if you really invested in bitcoin at the beginning of the year, then you can feel the benefits now. I don't really know about other coins, but if you invest in popular coins, I think you can also benefit from it. Personally, I am still trying to find and collect popular bitcoins and coin popular in my own way. |
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Infact, the telegram community will tell you all about that project if you know how to observe things properly, the kind of discussions that place and the people discussing will give you a clue about the standard of the project,
Infact, from the telegram discussion you can tell if the discussion are genuine or bot or even paid to post users always saying nice things about the project, all you need is better observation and the telegram group will give you a hint.
It is undeniable that the telegram group gives us information about a project. but we really need to really observe the people in it. so many bots, even scam people who sometimes do comments. but, one of the peculiarities, in this case, is it's so easy to know real people, and paid or bot. they must ask about the weaknesses of the project such as development that will be done, exchangers, prices, and others that make the admin quite silent if they do not run the project well. bots and spam people won't do that because basically they don't know anything. |
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there is no guarantee. it could be listing on the big exchange just to attract investors. what an investor is looking for is a real product and can be for long-term investment in the project. and if you remember that there was an IEO done at Bittrex the name of the project was Ocean, you should remember that the IEO ended up disappointing investors. so big exchange is not necessarily good.
although it does not guarantee, in fact, most IEO on the market such as binance, Okex, or others has become quite successful and popular. such as BitTorrent tokens that still have a higher price than the initial price, or harmony, and many other examples. well. at the very least, the potential for coins conducting IEO in large markets is very high compared to IEO elsewhere |
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to be honest, I would trust binance to exchange that kind of money. if you doubt, you can sell it little by little. Until now, I think binance is the best exchanger, so if you exchange large assets, there is the right place. Well, I see so many transactions going on there, I think that $ 250k is not so much money for them.
I honestly don't really understand the applicable law, but it doesn't look like the law will protect you in this case, especially if your country is neutral about cryptocurrency.
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I am aware that this month the development of ethereum has not looked very good. if there is a sudden increase, it is likely that ethereum prices can only reach around $ 250 or even higher. However, I am very sure that if there is a pump, the price of ethereum will not exceed $ 300 for now. if there is a higher price, I think it will be achieved in December. this is my prediction if I look at the current chart.
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If it's just Bitcoin then what you need the most is definitely patience and a lack of attachment. You can't be to reactivate. You have to be patient enough to wait for better price to buy and resist the urge to sell when you feel you are "losing"
For alts you need to be diligent in researching the project and you need some intuition to predict whether it'll be successful or not.
all types of investment require patience in doing so, whether it's crypto or real life. one thing that makes us a good investor, is knowing what we are investing in. in this case, we not only follow investments based on trends but because we know that these investments will lead us to profit. it applies to the real-life and crypto world. |
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well we have a prediction contest in our own local board that you can find here https://bitcointalk.org/index.php?topic=5191935.0good amount are being declared there,but for me?the price of ETH would be atleast 300-400$ the most. as we are entering the 2020 and soon the Halving of bitcoin will happen. I also feel that the closest estimated prices are $ 300 and $ 400. I see people predicting prices on the ehtereum on the thread and most of them predict prices around $ 200 - $290. Well, I think that makes sense too, but I am absolutely sure that those who predict $ 500 and even $ 1,000 are really optimistic about ethereum  |
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The source of money that I invest by joining a bounty program such as a signature campaign. Apart from that I also accept bitcoin as payment in making logos and graphic design services.
I think most of the people here use the bounty yields they get back to investing, right? that's good enough for developing assets. I also like that, using 50% of the tokens that I get to reinvest. some people produce it from airdrops and their hard work. Well, if I have a job, I can guarantee that most of my salary will be made an investment for now. |
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There are two major factors that prevent Bitcoin being widely used as a currency. First of all, the transaction fee is not fixed and sometimes it can cost a fortune for the users to make Bitcoin payments (back in 2017 December, the average Bitcoin transaction fee was around $20). When other payment options such as Paypal and Visa charges only a fraction of that, you can't expect a lot many people to use Bitcoin for this purpose. The second factor is the time required to confirm payments. It may take up to 1 hour to confirm Bitcoin payments. For the other modes, it takes less than one minute.
I think there is a third factor, which is having an unstable price. I have read an article which states that Steam ejects bitcoin from their payment method because it has an unstable price. it might be detrimental to a permanent company when they accept bitcoin as a legal payment tool, and the price suddenly drops. indirectly, they sell at cheap prices. |
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thinking about when I owned 60 bitcoin, I might start building a real-life business. Well, I think, having 60 bitcoin on the internet is one definition of success with crypto. the value of 60 bitcoins is truly extraordinary. I might think to build investments that are popular in the city where I live. such as building housing, apartments, lodging, and businesses that have long-term potential.
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In 2017, everything was too easy, investors were easily attracted by ICO events, programs, ... Over the past 2 years, there have been many fraud projects, investor confidence. investment has been robbed, they no longer trust projects calling for capital but only statements.
I think in 2018-2019 make investors changed. This happened because in that year there were so many scammers who tried to attract investors with promising projects, but in the end, it became a scam. At present, there are many projects that are very difficult to attract investors because investors only choose projects that have the potential, for example, such as harmony, I think the project has reached the hard cap, as well as several other IEO projects. so, I think what needs to be upgraded is making the project so investors are easier to invest. |
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There is no doubt that 2017 is the best year for cryptocurrency. almost all of the projects that we promoted at that time were successful both in terms of profit and trust. it's just that, I want to focus going forward. That year has passed, and now is not the same as 2017. What we can do now is, promote the bounty that we feel is a bounty that has potential, and the right time to promote the project is when you have found it. so start looking for these potential projects, and start promoting them.
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That could only happen if BTC shows some sign of bullish movement and stabilizes at price point more than $12k. I doubt before that any other altcoin will show any sign of recovery. ETH has been struggling hard below $200 since log now. There isn't much movement in ETH because of BTC price movement. Unless BTC stabilizes at higher price point after breaking 2 consecutive strong resistance, I doubt ETH is crossing $200.
I am also doubtful that Ethereum can reach the price of $ 250 by the end of this month. seeing ethereum struggling to reach the price of $ 200 now makes me quite doubtful about that. the count is ethereum only lacks $ 16 to get to that point, but it looks like it will be difficult if the price of bitcoin doesn't go up this month. I'm pretty sure, without the help of Ehtereum 2.0, the price of ethereum can reach $ 250 this month if the price of bitcoin can reach $ 11000, but judging by its development it is quite difficult. so, I'm waiting for the price of bitcoin to reach $ 10000 this month only to see the price of ETH can reach $ 200 at the end of this November. |
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I also think that bitcoin price will be under 15k$ at the end of 2019, possible to be 12k but who know for sure, and i think the bad days for crypto started from 2018 and continue until we have the grow of bitcoin this year from 3500+$ to over 10k$.
$ 12,000 is the most ideal thing to achieve by the end of this year. the potential that bitcoin currently has is unlikely to reach the price of $ 20,000 by the end of the year. it happened because I saw that at the moment we were at the level of $ 8,000 again. although the price could recover back at the price of $ 9000 in this month, but it reduces the potential to make the price of bitcoin reach $ 20000 at the end of the year, even I doubt that the price of bitcoin can pass the price of $ 15000. because of that, I think that the most ideal price is $ 12,000 at the end of the year. |
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price decline occurred again at the beginning of November at this time. if after this the price of a bitcoin pump, then it will be the right prediction. so far, bitcoin has lost more than $ 500 in a short amount of time. that's about 4 to 5% of the initial price.
I haven't found anything that has made the price of bitcoin go down now, but it looks like the price of bitcoin will rise even higher this month.
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