I also believe in the same thing that price is not the only thing in this market for a coin. Most of the people took this coins as just a asset. They don't care about the project about their implementation or how they perform in the future. What they want is profit in that coins Nothin more than that. But for me some projects are more than money for me. I am not talking abou that I don't want any kind of profit. Butbthe project is matter for me most of the time if I think some projects has potential we always stick with if. Whatever it's price goes.
|
|
|
There is no right time for buying coins. Just you have to face some factors in the process. Buy the coin when it is not in the peak time. But it after its listing in a big exchange that can give a good amount of profit. But the coin when market conditions are not so good. When market is not good the individual coins are also not in good position. That's it. But if you are a holder for a long time then almost nothing matters a small difference in pubg is not a big thing.
|
|
|
I think it's still worthy to invest in altcoins and I also think that it's only not about top listed altcoins in this market many altcoins available , majority of the tokens are altcoins. So where to invest. With altcoin many new ideas come to this space they are not working as just a asset they are trying to make crypto as long as blockchain technology greater. So supporting this projects or altcoins means supporting the whole blockchain ecosystem. And I know there is many failed or scam projects but still there are many projects which make this whole ecosystem better.
|
|
|
In most of the cases regulation has good effect but I also thit that it had some negative points as well. Most of the government want to regulate crypto and it's better that banning them for life. And in this section the scams are highly risky and people lose their money and they do some shady work as well as crypt so regulation will control' this kind of thinks. But it will destroy the privacy of the the crypto market which is one of the he basic reason behind crypto. And whenever government started to undertake things they would want to control it one day. That's it.
|
|
|
This is a very good topics and even professionals are failed at this subject sometimes. It's really depends on you how you invest and how much profit do you want. If you are a trader or day trader or even midterm then just make the profit and out from that token maybe 10-20 or a higher profit margin cause everything is a win win for this kind of trades. But if you are a long time holder then this kind of disicion is really hard to take. Cause I personally hold some coins for long term and I believed on those project and I will not sell them in any profit margin I want to see them as a real life implementation. So that purely depends on you.
|
|
|
I was an trader on latoken. And personally speaking I got no problem in latoken when I was there. I almost used it for 6-7 months. And no problem at that stage. The problem with latoken is the volume many people said about that. And they add some tokens that are not even trusted in the market. But still I was fine with that but when I got some problems at the end that was a issue about withdraw my ethereum. At first I thought that was fine it happens cause eth chain is conjugated. So I went to their customer service but that where the main problem started. I got my ethereum but it was almost 6-7 days and customer service was not responding properly. After that I never trade on latoken. But ilthink it's a problem with only me so you can go for it.
|
|
|
Yeah there is a big chance that could happen. We see last year the whole ICO market is not going well. Most of them were sacks air failed project. They made a ivo scam people and disappeared. Asome of them good at ICO stage but failed at the development stage. Taht all happen because ICOs are at a hyped once. But after sometimes this thing started and people are afraid to invest. Now ieo came to the market and many bugs names are with it that why it looks so trusted and decent. But there is always a chance that they also started to scam. Cause many of them are already making partnership with small and medium exchanges and some of them are not so good.
|
|
|
Firstly it's not possible atleast for now. But if someday that happens in your dreams then the first think that will happen is crash the market. The most of the coin cap is in the Bitcoin and it's almost more than half of total marketcap which holds cap. Now more people will go out of the market cause most trusted coin was Bitcoin and without Bitcoin people don't have any ideas what the thing is going on. The next thing after few days it will start to discover but usages of bloackchai. And crypto would be ten year back form now.
|
|
|
This is one of the hot topics in the market is BNB gonna replace Ethereum. I think it's hard atleast at this moment. But BNB or binance chain has all the thing they needed to eliminate or compete any platform token. At this moment ethereum is the most popular and most used platform in this whole market. And now it's hard for any coin to replace it. But BNB which is a platform token first now powered by a chain and also stolen of a Dex. So binance know how to take the best position Now just see future will answer.
|
|
|
If I have to buy something I always do it in my way. Firstly I did some research and then search for a good entry point. Of I am able to find one I put it iny watchlist with a note of the entry point. And checked it some times letter . Cause mostly when we talked about something in this market that means that coin is in peak. So wait and that is the most effective way to me for buying something. But sometimes you don't have to wait cause most of the time I saw pumps and dumps games. So it's easy on that situation. You don't have to do anything just follow the market.
|
|
|
Their were many reasons behind falling of ICOs. One of the reason was market conditions. The market was too bad last year. Almost everything iwas down. And in somewhere every coin every investment in the crypto market was not going well. So same thing happens with ICOs. The next thing is scam and failed project. The scammy projects were everywhere almost 80% or more projecs are scammy. And besides that there are others which were good at early stage but when the development pressure started to come they failed. So investors are afraid to invest. But now the situation is kind of under control cause ieos are the new treand.
|
|
|
XRP is one of the most popular coin available. It has the third largest marketcap in the whole market. XRP is a money transfer and banking related token. As a token XRP is good but people don't like XRP cause it is not a decentralised project. XRP is backed by banks and big institution. But if you just saw those as a normal coin XRP is one of the most developed token available. And it always keeps its promise as they go with the roadmap. So it is a good investment and price is also down so if you want to put in your bag go for it. But buy in parts don't put all the in same place or on same item.
|
|
|
I don't think so but atleast at this moment no one in the crypto space thinks that ethereum is a scam. At this moment ethereum is the biggest platform right in the crypto space. And also it is the most used and most popular crypto platform.Yeah ethereum had many flaws and it's hard to fix them. But after their hardfork and ethereum 2.0 update devs are working on scalability and txn regarding issues. So at this moment ethereum is one of the best choice as a platform and in future it will more improved
|
|
|
Yes it is very much needed. Cause we saw that in last few years the icos are mostly scammers. Most of the icos scam people took their money band disappeared. Some of them did very well as ICO stage but when it comes to product they failed to deliver anything. So in this situation ICO regulation is much needed. We should stop this scammers. But now ICO treand is going down and IEOs are the next gen fundraising. And for IEOs it's not possible to scan people atleast which ones are big.
|
|
|
Yes I do. But I don't suggest it to anyone. Cause this kind of investment is bit risky and hectic. Most of the people don't go for the coins which are behind top100-or 200. But I always watch for the new projects and if I find something interesting I always add to my investment list. But when I invest in such coins which have almost no market cap someimes. I always put that much money which I can afford to lose. Sometimes I put 50-100$ not too much. So you can go for it if you know this market and know how to study a project.
|
|
|
It depends on the situation and how it implemented. But at this moment regulation is better. Cause in this market the number of scam and fake projecs are increasing day by day. And they took general peoples money. If some regulations could cover this issues that will be great for the people. So regulation is more than good. And in other hand regulation will destroy the privacy. This is one of the negative side. But at this moment I really prefer regulations. And the countries should lift the ban and made some good regulation. So I think we needed it. This day or later we have to take it.
|
|
|
Yes it is. BNB is very worthy if you invest in it. At the bear market BNB is the coin which performed very well. Bnb was just a exchange coin. Maybe be the most successful exchange coin. But after their Dex and binance chain launched the price of BNB goes very well. BNB is growing with binance day by day. And at this moment binance is the leading exchange and the team behind it working very hard to secure the position. And after binance chain launched many big project shifted to it. So their is a huge chance that in near future binance coin would go very big.
|
|
|
Yeah. It's hard but there is a chance that it's possible. Most of the time people get hacked for their stupidity. Mostly hacker used something called pishing. In this process they created a site or something that looks like a trusted site and people upload their key or to that space. So hackers got the access to the wallet. If people are being careful their will be less hacks. And always use trusted sites. Avoid online web wallets and if it's possible then go for some hardware wallet. It is always safer to use a hardware wallet.
|
|
|
I don't se my altcoins soon. It depends on the coin. If I see some potential in a altcoin I hold it as long as I can. Most of the people in this market use alts as a trading coin. They buy it and when it's uptrend they sell it out and make the profit. Same with the ieo buyers most of them sell their coin at the listing stage. But if a altcoin have potential then everyone hold it. Take risk as an example most of the people hold it cause they know Eos is one of the great platform based token. People like to rotate their portfolio with time this is also a resin behind selling coins. And if a coin doesn't have potential or doesn't look good most of the peopt dump and many of them prefer to hold big cap coins.
|
|
|
XRP is one of the well known project in this market. XRP is the third largest marketcap coin in the market. Everything is fine but somehow people don't like XRP for some reason. It is a coin based on money transfer and some banking related thing. But the problem is XRP is a coin backed by banks and some big institution. XRP is not a decentralised project. But if you see XRP just as a project then you will see that is is one of the best developed project which is always do its work with roadmap and it is already having some real time issues. So don't worry it is a good time to put you bag if you are interested in it. And buy in parts that's it.
|
|
|
|