I want to find out why everybody wants to invest in altcoins, what I want to ask is, how much money did you get from altcoins so far?
Well im not sure how much money did i got from altcoins but i would say its good amount of money, if you invest on ICO or buying new coins that just listed and lucky enough you might got 300% profit. I think i got profit around 7000-9000 $. The timing is very important when you indeed invest with alts, the project can generate decent money to those who got in in the right position, most of this coin have its time table to grow so better to read and understand the real usage and how things will work so you can just hold and wait till the rise happen and you can sell your holdings, be a good observer and try finding by yourself the good benefits. |
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Guys is it safe to just put the purchased tokens on the exchange? cause i dont have a wallet in my android app. is it possible that it will be stolen? and claimed to be hacked? Am i doing the right way? Please can anyone help me. Thanks in advance.
So far I have no bad experience in placing my tokens in exchanger. I will not endorse, I will just share my experience. Before , if the token I am holding is listed in hitbtc, I am transferring it to hitbtc. Well, it did not happened that I lose my token in that exchanger. Hhmm, but I think it depends upon the exchanger if the exchanger is trusted or not. Lucky for you, since there's a lots of incidents about exchanges being hacked better to think twice before making any decisions, you can check the token information if there's any other ways to have a wallet that can handle your coins, it's better to think for extra precautions not because someone tells you that it can be safe or not, it's your obligation to reassess and to make sure to make it safe, it's your hard earned money anyway. |
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This is going to be a fun NBA year.  I am already laughing now into what is happening. The question is does Lebron know that the Lakers got McGee, Rondo and Stephenson? Those three gets under his skin and really do not like how they play. I say the three is a good addition for defense while they have Lebron already for offense. Are they making this an American football team? Lol. Stephenson and Lebron on one team? Wow. Never expected that to happened as we all know that the two has history between them in the past. hehehehe. And Rondo as well? Damn that's a dream team right there folks Those three can never win a championship... Well what do we know. If Luke Walton can make this guys play with chemistry then it will be a good team with lots of aggressiveness in them. We know how Stephenson plays with his defense and Rondo with his steals. Add McGee with good blocking skills. This could be what Lebron is waiting for. He needs guys that will really fight for a championship and not just lean on him whenever there is trouble. Good thing from those players, they won't respect Lebron as the key player but challenge him to act like one, Stephenson and rondo both knows how to play wisely, with McGee and still possibility to acquire Leonard, this team will be more stronger both defensive and offensive state, there's no need for Lebron to carry the whole team as he will have those back up team mates who can also play great like him. |
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As the market has been constantly dropping, so short-term investment wouldn't be profitable for the time being. You have to go for long-term investment and hold your coin, it will be more profitable when the market goes in upward trend.
The whales mostly did against the market trend, when they seen potentials they will keep shaking they are responsible of this unpredictable pumped and dumped, there's no other choice aside from having a lots of time and keep observing the movements or do the long term hold where you will just place your selling points and forget about your investment, you have to analyze well before you decide if which strategy to use with this current market. |
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I trade Alts against BTC as a day trader, when the market is all green we were able to make nice returns ranging from 12% to 25% on a single trade. But during a severe downtrend market all our profit including capital goes down into it and it practically indicate we are at loss.
So I'm wondering what is the best way to handle a downtrend situations?
It's too risky and hard to predict, if ever that you've been trapped inside better to have more patients if you have spare money, you can try to invest more with the same coin, just in case when the coin value bounce back, you can gain more while waiting for the previous one to break even together with your earnings from the second position that you've made. |
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If you will only use small investment that you can forget just in case some thing bad happen to your money, then you can proceed and use any of those two exchanges, but if we are talking about big amount better to change site or think deeper as you read most of those replied chances of losing your money or being piss when trying to withdraw is really possible, this two exchange already got a lots of complain regarding to their bad technical response, better to try big exchanges than being sorry after.
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I began to lose money on medium-term investments. I have never been engaged in day trading, but I think that now it is worth doing this.
Coming out from this experience, it's better to find other means of style, trading is really unpredictable right now as the fluctuations are almost unseen small jumped followed by deeper dip, we need to adjust and start to create more plans in order to survive and take advantage of anything that involves our investment. |
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When you mean the price is back well its back in the dip price and now is the perfect time to invest before the price inflates again im pretty sure than it will inflate in just few weeks.
Inside investors mind, the dip is another opportunity to buy more and store more inside your wallet, no matter how the current market is going right now taking advantage of this cheap coins is always a good habits to established your future financial status, bitcoin will always be bitcoin the chance of being adopted is still open and more and more investors will see that same opportunity so let just be positive and focus on our future plans. |
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Bitcoin suffer too much this years. Many bad thing and good thing happen so frequently and thats make bitcoin price rigth now so violent to see. But still beliving in bitcoin for the future economic will happen
Just keep being positive who knows when this things ends, everything will happen in his right time, bloodbath give us more chances to understand how things work inside this industry and taking it as an advantage should always be in our mindset, forget about complaining and speculate that will lead you only to stress out your emotions, just be positive that one day the rise will happen and it will take much higher from the last peak. |
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There are such lucky people, I hope you've realized at least half of your profit by now. You wrote this post in January and if you didnt cash out that means most of your profit has gone. The lesson to be learned from here is that everyone has to set a goal for themselves and make a realization that goal is achieved.
$ 600k is a pretty big amount and I hope that this investor has a way to make a profit or not lose in the difficult period of the whole market. The cryptocurrency market is not easy to make a profit as many still say, if you have no knowledge, experience, acumen and a little luck, then it is difficult to succeed. From what we are seeing after the post was created, the trading business for crypto is more harder than the previous year, the corrections and the downtrend movements are still being felt though we are seeing small rise but we still need to be careful and keep our earnings safe, if I made that much money by now, I'll quit and enjoy a life placing alternative businesses from where am I now. |
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Good Day guys, just searching for an alternative way to invest my money to,
so the question is, is buying new listed token(token that just ended ICO) to an exchange profitable? do many of you do that? would you recommend doing that? or should I buy on their ICOs?
Not all ICOs are fraud. At the moment, there are a lot of good ICO. I think that you need to be more careful about choosing a project for investment. We need to analyze the prospects for launching the project. An important factor is the feedback from the project team. In terms of choosing ICO projects, there's a lots of things we needed to consider aside from the team behind, also the community appreciations and supports, the community is the one who's very important to its success, and like what you have mentions we need to be very careful when selecting the projects that we will going to support investing needs to accompanied by hard research and complete understanding with future usage of that particular coins/tokens. |
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Oh man, what a big addition again to Warriors line-up. DeMarcus Cousins signed a $5.3M 1-year deal. This guy want a ring, that's kinda too low salary for a guy like him but he still agreed. As for GSW, he maybe a big addition but I don't think they still need to add such guy in their line-up. I mean they are strong enough already.
I guess that's their weakest link, the middle, they used to have Bogut then but adding a solid centre like Cousins will put them again on top and offload some on Green's shoulder to man the centre. I don't know though how they are going to handle Cousins temper, I hope that the guys had mature enough and that chasing a ring with GSW will be his focus next season, Its a one year deal though, so its like a waiting game, if Cousins mature and help the team win another ring then I'm sure that he will be extended, if his performance is subpar then they will let him go. (McGee left and joined Lebron in LA). We might even not know, but Cousins might be the 3rd splash brothers. I don't think that GSW has problem in the middle because they are even deadly when they go small but with the addition of Cousins it definitely take some of Green's load. Cousins' scoring is a bonus to the team, what they need from him is the presence and intimidation factor in the middle because they can't leave him to double the splash brothers. We never know until we seen the chemistry, GSW with coach kerr needs to adjust with cousin's attitude he might be a good offensive addition but sometimes having a super strong line up might result to unbalance ball rotations, we need to wait for this next season to start and see what would be the movements coming from other strong opponents from the west after lebron's transfer to LA. |
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See now bitcoin is hanging around 6k althoughit reached about 20k last December. It better to cash out at high and keep on buying while low.
Yeah, The better things to do right now is to hold and used this opportunity to buy more while bitcoin is on dip because if bitcoin soars high again for sure we will regret it if we not take this chance. maybe this is the last chance to buy bitcoin at below $6000 some weeks ago.perhaps we wont see again this price in future.bitcoin and other cryptocurrency will run bull and people accumulate their stock. Hopefully bull run could take over in a few days to go, but I don't think its an easy thing to do while other traders fears the volatility of bitcoin. Buying while the value is at lower price, is the best opportunity of getting huge profit. When you sell, then you'll be gaining good amounts of earnings to cover up the previous losses that you've wasted from previous trades. If possible this will be a good scenario to witness more bulls on each and every crypto, and with bitcoin's progress entire cryptocurrencies might experience great profitable value. Considering the last Height its really an opportunity to buy more cheap coins around the market, but we needed to make sure that we are indeed willing to play with the current market, buying low then selling high or wait for much bigger gains, never to panic when things seems not working according to our directions, timing and good analytical skills is really needed from the market like this. |
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I have participated in a bounty campaign as of now. I am curious that when every ICO bounty rewards I join when it hit on an exchange after a day, the price of the token goes way below its price. As for me a bounty hunter, what is the best decision if I received my bounty rewards, do I need to sell it immediately? or hold it for more 2-5 months.
Just keep a portion for future pump most coins have this, some investors will pump it or there will be a demand on the coin if the team fully developed and market the project, of course, we want to be part on a project that has a good potential like Bitcoin, so keeping a good percentage is a good idea. If you have some good idea about the project you can keep some for your future plans while selling the other portions for a quick rewards, mostly happen bounty hunters just quickly sell out when they seen the project inside the exchange even in a small exchange as long as they seen some value they will quickly sell it out without taking some time to read and analyze the goals and usage of certain new coins. |
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It could be that early investors are cashing out. That could always be a problem of something that grew so much.
That's always the case, those who invested earlier can play much with any coins, as we knew that they can sell it out in a bargain price as they acquired those cheap coins and now its bringing them huge profits, we can't change the fact the that's how this business was design, early birds always are the big gainers there's no exemptions, ether bitcoin or eth and all those coins inside cryptos. |
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I also asked myself about that. If there are 21 million bitcoin, is it really enough? Seeing more and more people are very curious and joining the crypto world, getting their luck and mine bitcoin, too. But then, this 21 million bitcoin makes it more special. It makes the bitcoin more interesting and challenging.
having low volume of supply comparing to the actual numbers of possible end users, bitcoin value will become huge for sure, time will let us see if how fit those numbers if its fully enough or alts will also grow after the needs, we can't say what future will bring to this currency but being successful might give us some hint why we need to hold and keep our coins. |
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It depends on your knowledge and skill. Some ICOs are potential groundbreakers while others will vanish sooner or later. You have to do your own research about them. Often there are signs of projects that can stand the test of time such as reputation of the owners, quality of the project, MVPs, etc.
It's always the usage that we need to look for before placing our investment, there's always a risk if you wont study and do your research its better to have proper information so you can place your entry in the right timing and you will be able to find projects that will be suit to your projections and will bring you good judgement to invest and wait. |
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Can BTC technically survive under 6k?
This is close to a bottom where mining stops to be profitable, meaning that supply of BTC from miners would drop. How much supply comes from miners anyways? Is that meaningful in terms of price movement?
What if miners are not profitable? Does that make them stop and thus make BTC transactions less secure? Do they continue mining in hopes of future price raise?
What would be the psychological impact on traders if BTC goes under 6k? That is a huge resistance point and if it brakes how far can price drop? Last time it was more like a test to 5800 which recovered immediately.
If BTC fell to that level it will just continue the cycle, whales will buy the dip and pumped it a little, newcomers and short term traders will ride the pumped, then whales will dumped again and wait till how those weak holders will react, as we don't have any assurance what can be the holding ground in terms of value, 6k$ already been break twice but bounce back right away. |
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the current crypto market is so weak, there is no increase in the price of crypto, even the price of crypto is getting down, what should we do when the market weaken at this time?
If you know how to play this market, then perhaps you can do day trading, but remember the risk involved. If you are not used to it then take advantage of the current dip, buy cheap coins specially tokens that has the potential to be pump-and-dump in December. So just hold on it, you don't need to spend so much money on them and you can buy a lot since they are really at a discount right now. Then just wait for the perfect time before the market exploded again and sell them for good profits. As for bitcoin and ethereum, buy as many as you can and continue to HOdL as well. Good advise, as long as you know when to make the right timing then you are still good to go, the sway always favored those who knows how to deal with the market situations, short term and long term investors will take this downtrend as an advantage to buy and collect more coins, those project that they fully understand the movements and start storing and wait till they achieved their target value to sell it out. |
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Actually it will never go down as long there more holders keep believing the market will increase after wort scenario 'cause it depends on the growth rate, and as we noticed it alwas recovered after worst situation so no need to worry which is we must keep holding rather than selling and keep believing market will stabilizes again .
Long term investors will continue buying and storing their coins inside their safe wallets, knowing that from the cheap value those coins can bring them fortune, they knew that the right time will come and bitcoin will be pumped high again, there's no need to worry about this bearish market as we knew that whales can easily manipulated the situation we should learn how they actually did it, carefully monitor everything and observed history will just repeat itself and in the right time bitcoin will be mooning again. |
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