I do day trading also to earn more profit,but if i can get more potential coin and i know i can make a profit on it i hold it for long term,i just wait and monitor the coin market cap about the status of my coin and trade it on the right time.
I agree with you. In my opinion, trade + retention is a good option to get more profit. But you need to consider the risks associated with trade, because not everything depends on your knowledge, and there is still a share of luck and if it turns away from you, then you will bargain in a minus or zero. |
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Perhaps for the same reason as all other countries. Everyone is afraid of the consequences, they are afraid to take the first step, because they do not know what it will lead to, although they understand that cryptocurrency is not the future, but the technology of today. South Korea shows an example of introducing taxation and regulation of the crypto currency market and I am sure that further countries will follow Korea and will begin to make changes in their legislation and adopt cryptocurrency.
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Such news is always welcome, because the more cryptocurrency ATM will be installed, the more fans of Bitcoin will be. Because a survey among residents of the USA showed that many people note that it is difficult to acquire Bitcoin and if there were more cryptocurrency ATM, the Bitcoin community would quickly grow and the scope of Bitcoin would be wider.
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All three criteria above are not in bitcoin. Compared with currencies, bitcoin is more suitable as a digital asset. The fluctuation of the price per bitcoin coin makes the people holding it can benefit so bitcoin is much better served as a digital investment than currency.
More recently, I hear more often that Bitcoin is more suitable as an investment. Perhaps this is due to the fact that its price has grown every year and this attracts investors. But I know a lot of people who periodically buy clothes and other things from Bitcoin in online stores. Therefore, Bitcoin can be called young digital money. |
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Good news began to appear more and more, but there is still no growth in prices and strong demand, there may be a gradual increase in prices without sharp leaps. Technically advanced South Korea having one of the most developed economies in the world shows a good example to other countries with similar steps for recognizing and accepting cryptocurrencies.
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I did not find any possibility of that. Altcoin need more time and have to be more reliable. Yes, there is a possibility to rise up 10-20% near future.
In fact, the price increase of 10-20% for cryptocurrencies is not an increase, because they can just rise in price in a day and just fall in price. Already there are positive news: https://blokt.com/news/eu-parliament-destroys-bearish-claims-in-new-report/amp?__twitter_impression=trueBut I believe that real growth of several times, that is, by 100-300%, should be expected closer to the fall. |
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BTC price movement will remain sideways until December 2018, I believe. We might not see a drastic upward movement as predicted by most of the crypto analysts.
I, too, hold the same opinion, because the price drop still continues with periodic and insignificant price increases. But the bullish trend has been observed for too long, perhaps we really should wait for drastic changes towards the end of the year. |
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I believe that you only need to keep those coins in which you yourself believe and in the potential of which you are sure. Yes, one can not be sure of anything, and especially in cryptocurrencies, because there is a high risk factor, but if you select coins for investment correctly, you can earn good money just by waiting for a while.
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If you have the necessary knowledge, then you can trade in a bear market and profit as yourself, as in the case of trading during a bullish trend. But I prefer not to sell during the red market, but to buy more coins that interest me, because the growth will be necessary again.
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I completely agree with the author and always say the same thing to everyone. Because simply holding tokens or coins does not benefit either the coin or the community. Only the use of cryptocurrencies in everyday life, the purchase of things using cryptocurrencies can create a real crypto community.
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People always afraid to face something new. It is normal I think. And I’m sure there will be several waves of growing and falling interest to crypto. Those who are smarter, will stay and wait for success.
The increase in the popularity of cryptocurrency will be necessary when the market growth is resumed and prices go up, because it is easiest to make money on the price increase, it is enough to buy coins and wait for the price to increase. Naturally, now, when prices fall, people decide to get out of crypto. |
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Oddly enough I'd say coinbase is the safest location for your Eth as its fdic insured so they have to replace the funds if they lose them.
On Coinbase, it is not possible to store ERC20 tokens, only Ethereum. And in order to get tokens on your balance, you need to have a purse registered at MyEtherWallet.com. But it is better to enter your wallet through Metamask, so that your private keys are not stolen. |
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I prefer to choose for investment those coins that have a lower cost, but with a great potential for price growth. Usually I find such coins after the ICO, watch how much the project has raised funds during the ICO, how the team implements the plans recorded in White Paper, how the project develops and follows the community's actions, because the pledge of the prospective project is a professional and responsible team , as well as the active community of the project.
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Perhaps for today Ethereum is quite popular, has a wide application and a large community, so it is difficult for it to compete. Stellar, Achain, EOS are the most famous and promising projects that are called possible competitors of Ethereum, but they are at an early stage of development, so it's too early to say that they can compete with him.
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I believe that using Ethereum is the most convenient and practical way to purchase tokens during the ICO. Now it is not difficult to purchase Ethereum for any cryptocurrency you have, so there is no need to make a large list of coins for which you can purchase tokens during the ICO. Moreover, it is able to maintain a constant demand for ETH and keep its price at a high level.
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A good and informative article. I'm sure that for most crypto enthusiasts and those who are just beginning to be interested in cryptocurrencies and what happens in the cryptocurrency market, it will be very interesting. Because without competent analysts and reliable information it's hard to understand what happens when you see a sharp and swift inflation of prices for all cryptocurrencies.
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For those who does not have yet bitcoin in their wallet then it will good for them because they can buy bitcoin while it is in downfall but for those already owned bitcoin i think they have a little fear and panic that bitcoin will not recover. Stay positive and think wide bitcoin has a bright future so hold on for those already has bitcoin and buy now for those who want to have it and invest for it.
I think the same as you. With the current situation on the market, we have every chance to see the price of Bitcoin $3000 in the near future and this is offensively. Perhaps only by the end of 2018 or beginning of 2019 it will be possible to see a rise in prices, but this under favorable conditions. |
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