As the cryptocurrency is growing bigger and bigger, the business world would also see if crypto is worth gaining ,and after many evaluations , they come to a point to developed and launched new project, which carry the the name of the project as token to be launched and have it an ICO and if this token will be success ,it will become an altcoin when there is exchange in the market, that is why we have a lot of tokens.
There's a reason behind why or how such coin project will be successful though it's hard to point out which token will be, but chances in the near future that there's another businesses or company that will adopt this system, we should continue following the market and how the community react in each sway that happens, continue to learn and always have a positive outlook.
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It is not a good option since the market conditions right now are very bad. Even if the ICO has a great plan with a great team and a well-written whitepaper it is possible not to reach its funding goals. Investors are now very cautious and they wait for the Bitcoin price to go up and eventually take the whole cryptocurrency market upwards.
Indeed, the market condition is no longer favorable for any ico projects, as investors really value their money and they are afraid being scammed or nothing will happen after the ico was ended, as most project right are not gaining any success it's either lack of support or even ico got funded listing took longer than expected time frame, needs to be more careful deciding about this matter.
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Forex trading is one of the good way to make money but with high risk because all broker only offer margin trading for this pair and does not trade on the spot market. Trading on forex market will be profitable according management of risk and money also we have to use low leverage and smaller size of lot to minimize the risk.
Knowing how to manage your funds and allowing yourself to keep being updated to adjust in any market flows can give you a profitable activity inside forex, as we knew that from what we earned someone loses their money so each time you place your entry its always accompanied by risk, taking your time to review and analyze everything can give some edge but not an assurance.
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Im tired seeing that word "recovering" if the current state of bitcoin is not good. If bitcoin can go up again to 6000$ thats the time i believe that bitcoin is starting to recover.
Seeing the results are far better than speculating, we are keep seeing things that gives false hope and some uptrend which followed by a big downfall again and again, so just like you, seeing the upcoming results that will favored the value of what we currently hold will give a reality that recovering is really happening especially if the trend is continuous that's a lots of breath to this unmanageable movement.
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for me personally, the future hope for the crypto currency problem is the legality problem, the government legalizes the crypto currency into a currency that can be used in investment or official and legal transactions, of course for development problems. I am sure if the legality already exists, the development will progress more rapidly.
Big question about legality, as government will do everything to control crypto if they will legalize the use of this system inside their jurisdictions, from that the essence of being decentralized might be change to a centralized functions, we can't avoid that if crypto will be completely legal from each countries that will adopt the system, not unless there's another third party govern body that will cater everything around crypto.
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Looking on the track record of cryptocurrency, there will be time when the price of a crypto coin to fall, but then it will bounce back up again. And it happened many times already.
Which I agree well, from those previous years of existence, crypto market was able to bounce back after the hard downfall, most of the top crypto brings a huge outcome to those who supported them even in the down market, buying in this cheap price is like buying things in its sales period where you will get a huge discount, people who understand this situations are taking advantage and holding their breath while waiting for the big bounce back.
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It's very difficult nowadays to distinguish between a legit and scam project.
Scammers became more knowledgeable, they use good Whitepapers, di a lot of external references, take care if social media activity etc. By participating into bounties we assume the risk of being scammed unfortunately.
Before joining any projects, we must be fully aware of potential success nor potential failures, scammers are also learning from the current trend so aside from deep research we also needs to learn more about the team behinds and not only to speculate but we also needed to make more deeper investigations before we go and work for them.
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At this time, i think it seems to be hard for the excange coins to outperform Bitcoin and Ethereum, looking on the market cap, both coin still way too far for another coins to reach it's level, and even the market movement is still slow.
Maybe in the future if in case the said coins is being supported by many, exchange coins is good for long term investors as they can gain profits from the shared revenue but outperformed both ETH and BTC might be a long road to go before reality will happen, bitcoin and ethereum already have lots of supporters and already being used by many and known by entire industry.
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It depends if the investor is a newbie or an experienced trader. Anyone who knows crypto and can daytrade can make money in any type of market, but for newbies they should only join during a bull run when everything rises - but at different rates
I agree, but let us not Discourage the newbies from trying, everyone can invest in cryptocurrency and that counts newbies, but for all our newbie friends around here, read and learn about how the cryptocommunity works, especially the market, its a roller coaster out there, and you will fall if you are not ready. Let them learn how things work around this industry and make them decide if they can survive both long term and short term trade, the timing indeed is very important especially for inexperienced traders, as they can easily being moved by fuds and fomos, but for sure if they are willing to take the risk then they can achieved whatever they desire inside this crypto industry.
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Both coins will survive as of now Ethereum will leap a big mark in the market as many forks are coming. EOS is a good one which will go high but not as much as ETH can do now. But both tokens will have a rocket this year.
Will be upon in the hands of community and supporters, though ETH and EOS have a lots of potential to bounce high again there's still things that needed to consider before taking an investment, knowing how things will be done just like the upcoming forks ETH have a good run rising its value but after that we don't know what will happen same a like with EOS that also have its own run and the timing might be right now while value still cheap.
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This indeed is a rather annoying thing with crypto but it is also the one that makes it kinda fair. Anyone can create and develop their own coin/token if they want. This sadly brings out the possibility to scam away relatively easily and without bigger consequences when done "right". People just have to learn how to steer clear of those projects and so the bad projects will just die. It's needed to sort things out and support project that you clearly understand and you gained your trust, we don't know how things will be after the ico's and after listing, but if you have a good knowledge with how the developers works and how they plan the future of their coins then you have a goal seeing that to happen,.
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The market is just getting up after the christmas days, peoples usually get their vacation mode turned off then they just have to go back to work and that's why btc and almost every other altcoin just had bounce. I don't think that there's a pump coming in the following two weeks, the market still not safe, it's never safe to invest but for long term hodlers i think it's fine to buy from bottom and sell high later.
If you are a long term holders you will not be afraid investing in any time frame even without the bull trend or there's no updates yet, as you are preparing yourself to a well awaited rise then it will allow you to hold for longer time, supporters loves to buy at the low price and keep the coin inside their wallets and wait till they reached their desire profits, it just a cycle where pumped followed by dumped and vice versa.
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it is true that there are many pumps recently but i think we should consider to sell as soon as we know the market falls, too much pumps days before makes me think it will soon drop again, don't be greedy and it may fall faster than we think, however we can hope the price will rise again in next year.
The Year just started and you are looking for next year? we are expecting some more pumped while incoming fork will happen after that we ain't sure what will be the next movements, but yes, you are correct when saying that too much greediness will let us to regrets the opportunities to earned huge as after the pumped heavy dumped might follow, always be contented with even small gains than wait and missed the opportunities and losses it again.
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Knowing that we all suffer through this bearish trend and now we hope it's almost over it's the right time to buy ETH! ether has a very low price at the moment because it is stable at $ 275- $ 300. That's around $ 800 3-4 months back and probably will recover soon. Given that ATH, this should be a good price to buy a few ether because it will return some good profits.
I just bought ETH at the price of $100 and just before the 3 upcoming hard forks will happen. I'm really positive that I will gain good profits at the near future and recover all the losses that I had on the year 2018. Staying positive might bring a good hope while holding your coins, and yes with this upcoming forks we are aiming for much better value, there's still chance for those who wanted to take the risk and buy now who knows how high ETH can go, might be possible to reach the last high or might also break the last ATH, else, be very careful as we also don't know how whales are thinking regarding to this 3 upcoming forks.
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BAKKT plus ETF and the lightning will bring the bitcoin value back to the moon or higher.. We should just wait for it and many merchants will accept this coin. many country will have it and accpet the fact that bitcoin will change the world. We just need to wit more time, we are on it.
There's always good possibilities when things have been introduce properly and if the market will really being adopted by many, we are in the position that we are all waiting and hping that it will bring a big impact to this industry, with how we ends last years corrections, investors and traders will find other means to continue believing that the market will grow once more, with ETF and BAKKT hopes still alive.
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Now the situation on the market is very friendly to HOLD. I think beginners can not worry and invest in altcoins for a long time. Those who understand trading can try short-term trading.
Well yes, for those who fully understand how the market behaves and can tail the movements they will be able to gained out from this market condition, shorting it out and find some advantages to set your buy orders then your sell orders can be profitable still for people who knows how to work around the exchange.
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Previously, there were bounty campaigns that paid in bitcoins. But nowadays a lot has changed and I have not seen projects that pay in bitcoins. But you can find campaigns that pay in ethereum, although it is also very rare.
Simply because, developers itself ain't sure whether the project will be supported and if they can manage to collect enough funding to develop their project, aside from that they also aware that there's no assurance that they can manage to survive if they won't be able to get enough investors so they don't want to lose their money or to share those funds right away from the bounty hunters.
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no you can't change how people (mostly newbies) react to this market. they are always irrational. and it is not only about FOMO, there is a lot of weird things the newbies do. * they bag hold when they have to sell. * they sell when the dump is over and price is at bottom * they refuse to buy real things with good future like bitcoin when the price is already low. * they buy shitcoins with no future and when they are obviously pump and dump. * they buy when the prices are already pumped and is in a bubble out of FOMO
and there is nothing you can do to change this attitude. all you can do is to learn from their mistakes and not repeat them yourself.
Exactly, if you can learn from them its best for your investment, with how they react inside the market you should keep in mind that they are bringing money that free to grab when you know when will be the right timing, when they are in such a hurry buying while pumping is ongoing or buy back when they are panicking when the market is down, simply play against them to take your advantages.
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Ether has dropped to $ 90. Should I buy more under the prospect of growth or look at other competitors? I'm interested in your opinion, which of the Altcoins dedicated to smart contracts is the most promising?
I think with the expected hardfork of Ethereum this month (three hardforks), interesting things will happen to the ethereum blockchain. The expected forks will updates features of the blockchain and somewhat would provide solutions to issues it is currently experiencing. Lucky for those who able to buy in when price struggles and dumped so hard, as they can sell it now gaining more than 80%, lots of those panic holders are already regretting why they sold what they've hold while the market is not good for this project and now that the value bounced back with the expected fork it will rise high again in a short period of time.
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