If you prefer to play roulette, then this is really your option, because now there are a lot of similar projects that do not show how many people in the project. After all, people want to see this.
I agree with you, the chances that a project that does not have a team will be successful as small as winning a roulette. Even those projects that have a team often turn out to be fraud or their tokens are not in demand and the project dies. I try first of all to pay attention to the composition of the team and only then to other sides of the project.
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I have sold all of my EOS, and it has earned me a lot of money. I like EOS, so if its price drops again, then I will buy it again. EOS is a potential coin.
Now very low price of EOS and I do not see any objective reasons to sell coins at such a low price. But I know a lot of people who use this moment and buy more EOS coins for their storage and expecting significant growth.
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Well, people have prefferences and reasons as to why they chose to spread out far and wide, sometimes it turns out profitable while other times its just a missed gamble,if you are certain about the quality of the coin you have in store then there is no need to diversify
I'm sure of Bitcoin, but I believe that investing all the money in just one coin is still risky. Especially if investing in different coins will be more likely to get financial profit in the event that one of the coins starts to grow rapidly and will show growth several times.
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I think that we should never expect even more growth than we already have. The most correct strategy is traded parts! If your bunk has doubled, then you can sell half of it to exclude losses, and leave the other half in the hope of further growth.
This is the right strategy, but in order for the price of your existing coins to double, there must be a growth in the market, and now the market is in a bearish trend, so doubling the price is unlikely today. But if by the end of the year there will be growth as last year, then you can sell half of the coins and minimize the risks.
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I have been using Myetherwallet for a long time and I'm completely happy with it, I have not had problems with using this purse yet. But I read several articles about cases of loss of all coins that were on purses because of the fact that the owners of purses were on fishing sites.
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There's no point in selling now. I think that you should keep all the coins in the long run, it is also possible to buy more coins at a low price, so you will increase your chances of success.
Buying coins at a low price is a good idea to date to create and form a crypto portfolio. But, given that the crypto market is still under the influence of the bearish trend, it is now better to form its long-term crypto portfolio.
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I don't have a lot of money , but I hope that I could make like x20 in 4-5 years
I suggest just focus on your investments and you will earn the profit you want, someday. But before investing i suggest that you must study all about it because it will help you to succeed on your investment. And remember that patience is really important in investing on crypto currency, because it takes a lot of time for cryptos to increase. This is the best thing you can do to start investing and not lose money. First you need to study everything and only then try to invest. Many people lost their savings because they did not learn everything and started investing their money in dubious projects and useless coins.
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Venezuela accept crypto as a normal currency and people of Venezuela used to with crypto and it’s replacing the paper currency. Hope other country will be accept crypto as soon as possible.
Bitcoin and other cryptocurrencies have long been used by people in Venezuela, but so far this is not official use. I hope that not only Venezuela, but also other countries will begin to recognize and use cryptocurrency. Every day new ATM Bitcoin is installed, I think it's a good sign.
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Now I don't have strategy to invest on cryptocurrency. It's really bad situation and I don't know, what to do, invest on crypto is a good option to choose now, to earn some money?
I still believe that investing in cryptocurrency is a good idea, because we have already seen a long drop in prices in 2014 and know how prices have grown since that time. Do not worry because of the fall, prices will still rise and you will make a profit, but this is provided that you have not invested in useless projects.
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Politics is the place that primarily needs to clean up corruption and blockchain the best tool to solve the problem of corruption to date. In some countries, blockchain technology is already being tested in the field of voting, but these are only the first steps towards the mass use of this revolutionary technology.
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It is already partially recognized, because every day more and more people invest in it, bitcoin ATMs are already appearing. Very soon bitcoin will be a full-fledged world currency, I am sure.
I also believe that Bitcoin will necessarily be a full currency. All the facts show that Bitcoin is developing much faster than before. Several ATM Bitcoin appeared in my city in a few months, and a few months later the same ATM Bitcoin appeared in two neighboring cities, many people started to be interested in cryptocurrencies, it's great.
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I think the hardware wallet is the most secure one. Many people who lose BTC do not keep their private key well or lose their encryption on the exchange.
A hardware purse is essentially a flash drive with a controller and other components that can fail. Therefore, I believe that you need to duplicate a private key and write it down in a safe place and store it in an inaccessible place to protect the risks of losing a private key.
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A while ago (2017) there was this Dutch family that sold all their assets for BTC and is now traveling around the world. He had around 500k USD worth of BTC and expects it will at least make 5x in the next 3 years. In the meanwhile, they are living modestly and using 20% of their cryptos to trade. Would you dare to do the same? Sell all your FIAT for CRYPTO?
A good example, but I do not have the opportunity to exchange all my money for cryptocurrency, because I will remain hungry. In my city there is no opportunity to buy food for cryptocurrency, but you can visit a restaurant and pay off cryptocurrency, although only a few restaurants. But as new places appear in which the cryptocurrency will be accepted, there will be more people who use cryptocurrency instead of fiat money.
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I do not trust this rating, it is too biased. How can Bitcoin be on the 17th position, if it has the largest capitalization, the largest community, the largest distribution in the world, the greatest recognition among people in the world? EOS takes the first place in the ranking? Then why does it become cheaper faster than Bitcoin in the last few months? Put EOS in first place is nothing more than manipulation of people's minds for the popularization of the EOS project. This rating is not objective and should not be taken seriously.
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If you are not sure about the project's ability to fulfill the planned or there are prerequisites to the fact that the price of tokens can go down, then it is better to sell, you can later buy back at a lower price. If you are confident in your project, wait because the market will not always go down, a reversal will occur and the situation will stabilize.
I try to sell tokens of the project I doubt, but there are many projects with high potential, I believe in them, so I try to get more of their tokens while the price is at the bottom. You may have to wait no less than six months, but it can bring tangible profits and recoup your waiting time.
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Many people are afraid of the crypto market because unfortunately, the market goes down strongly. It affects the holders heavily. My all altcoins going down. But I'm not afraid this situation because I think that's the normal situation in the crypto world. I think the best thing is to be patient and be optimistic. I hope the crypto market will rise again near the future. So don't be panic and don't drop out your goals. My advice is to be patient. I believe somehow it will rise again.
Prices are falling, but this is not critical, as the author of this topic said cyclically and should not rely solely on a bullish trend. Many traders increase the number of their Bitcoin trading in a bear market, it is quite realistic if you have enough knowledge. I prefer to keep most of my coins and do not sell during the fall, so as not to provoke a greater drop in prices and not incur losses.
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It's great that such giants as Starbucks are looking towards cryptocurrencies and blockchain technology. What they said about taking Bitcoin says that they trust Bitcoin. This news will help the Bitcoin community become even bigger and the distribution of Bitcoin will become more extensive.
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This is true, before in the crypt world there were only minor achievements, and now every day we see the rapid development of crypto in all spheres of life. The scale and speed with which cryptocurrencies come into our lives is amazing. I have no doubt that crypto is the future, which will replace the classical system of money.
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NEO has been an effective venture from the beginning. In spite of the fact that, it won't not have expanded in cost in an obvious way. One thing I think about great activities is that, they are not pump and dump ventures. I don't anticipate that the cost will increment sporadically now, yet over the long haul the distinction in the rate increment will be clear and critical.
Yes, NEO does not apply to those coins that are manipulated by their developers. NEO is more than just a coin, because it is an entire ecosystem and a base for creating new coins. I believe that NEO and coins based on its blockchain will be promising and their price will grow.
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