I am still participating in any available bounties that I can manage and as many as I can because free altcoins are sitting in bounty campaigns. All you need to do is to make some effort, time management and flexibility. I started on cryptocurrency on investing to a scam website and after that, I never believe in investment schemes. My curiosity pushes me to learn more and discovered bounty hunting. Thanks to my curiosity, I manage to take the my losses to that investment scheme because of bounty hunting and earn more. I will continue believing in bounties but still, I always do my research first before participating.
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Crypto crash or correction is very usual specially if there will be a hype on a specific altcoin. There actually are a lot of factors and reasons why they will be on hype and went up a price surprisingly like newly listed to a trading platform, strong partnerships, coin swap, airdrops and many more. These factors were being always used by most investors and it actually is one of the most profitable way. That is going with the flow or the crowd. The result? FOMO
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I am also a long time holder and if you check my wallet, most of my tokens I received last year are still sitting on my wallet. I am planning to sell those when the true bull run kicks the market and I am giving more time to those tokens of mine to develop their platform. I am pretty sure that their price will multiply when they fulfill those thing that are written on their whitepaper. I am also selling some of those in case of emergency or their price went up for more than 50%.
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That usually happens specially last year where LTC went up to $330. Some traders are keeping an eye with LTC because it is one of the fastest gainers in the market when the bulls are on the run. They are also using LTC as a sigh of bull market. Unfortunately, Litecoin is now having hard time passing $100 position and I might say that it is because of the recent bad news about this platform. I grabbed some altcoins at $150 because I believed on its potential but unfortunately, it brings down my hope and my funds got stock. I already sold my LTC and looking for another altcoin to invest with to cover some of my losses.
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I just knew cryptocurrency last year and got curious how someone earn from it. On 2009, we don't have enough internet connection at home and cryptocurrency is pretty rare to be heard of. Those early adopters from 2009 really are the luckiest guys on earth, specially those people who believed in crypto potential and holding those as of today. They are now millionaires for sure. I am still lucky somehow because i adopted cryptocurrency last year and already earned over $2000 so still not bad.
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Okay? So what can you say to those altcoins who claimed to the real bitcoin like BCH, BTG, BCD, BTCD and other names that are related to bitcoin names? Do you have any idea how these wanna be end up? They are always claiming to beat BTC and they end up bringing down your investmenst to more than 50%. I am wondering if how long these wanna be bitcoins will hold their positions or will they end up ripping your expectations?
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I never heard of that wallet before and I would not risk my funds to a wallet that was just recently created. New created wallets will still pass on trials and errors stage so I don't wanted to be a victim of that errors when something bad happen to that said wallet. Most crypto traders will still advise you to buy your own hard wallet since it is more safer and your funds are super secured with your own hands.
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How did you allow yourself loosing over -50% holding TRON? I might say that it will be trapped on your wallet for a long time so you better be prepared for that. TRON is part of top 20 altcoins in coinmarketcap so holding those for long term is not a bad idea and I see a clear potential with that altcoin. My best advise for you is to create your trading plan where you could take for a profit. TRON went down to $0.035 so it will take time before it will get back to $0.10 unless it will be pumped unexpectedly.
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If the bountyhunters understood everything better than the investors, there would not be so much nagging about the payments. Investors are also many and they are just as different in terms of experience. Investors lose their money, and bountyhunters do not get their own money.
I like your answer and it is somehow accurate. How long are you dealing with trading and bounty hunting? Please don't get the wrong idea with my question but based on my own experience, bounty hunters are more familiar how promising this platform is than investors. As bounty hunters, we are very active with their updates via social medias and group announcement. We all know that all bosses started as employees right? What I mean is that before you become a boss, you should be familiar with your work and with the product. That is somehow similar with INVESTORS vs BOUNTY HUNTERS.
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#Proof_of_Authentication_Post Bitcointalk username: Bittalk12 Which campaign you joined: Tombola game, Signature, Telegram, and Twitter Campaign
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I prefer investing to ETH and I already saving many of those in my hard wallet for long term holding. I always check coinmarketcap when I have my free time and notice that ETH always went up a price or it gains more than BTC or BCH. it is undervalued right now so you may grab some of those when it is on a $400 position. I have this good vibes that the bulls are coming and when that time comes, ETH will surely go to the moon and may reach an all time high this year. ETH team members are always think of a possible way to upgrade their platform and to provide better and faster service. BCH was just a copy cat of BTC so it may fall sooner or later, just like what happen to BTG.
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Every time I look in my portfolio, I can't imagine that those altcoins I got from bounty hunting are drifting downward. Believe it or not, I already lost over $12,000! I always have these regrets not selling those when the first day they got listed to an exchange platform and always hoping for a higher price if I hold those for long term. Honestly, I always keep looking forward when the right time comes to sell those for a higher price and get those loses back with interest. What are your strategies when trading or after receiving those rewards from bounty hunting / airdrops? I just wanted to hear your wildest dream in crypto, positively or negatively and wanted to learn something from it.
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This is the sad part of cryptocurrency nowadays. How those investors reacts with crypto news is very confusing for me. When they saw a good news that is actually a big thing, we experience a minor pump in the market but when a negative news pops out, a massive selling happens which will bring down altcoin price for over -10%. Looks like crypto news nowadays is a great way for big whales to manipulate the market for their own benefits.
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The bears looks like getting back in the market because of a massive selling when there is a minor pump. The weak hearted traders chose to sell those altcoins for a little profit since a red market last longer than the green market. What i mean is that we all know that cryptocurrency is super unstable and those big players are busy to buy those altcoins to its lowest price. I am seeing large buy wall most of the time when trading and that request is in very low price.
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Some found cryptocurrency as beneficial on their daily life specially to me who treat crypto as my secondary source of income. I agree with you that some already raised their flag and see crypto as one of the hardest thing to understand how does it work or they already lost huge amount of their investment because of the long bear market. In this industry, you just have to be patient and think another way how to earn from it. There are multiple ways to earn cryptocurrency actually.
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I admit that i am not that confident in my tradig decisions because regrets and doubts are always on the line before investing to that altcoin. I traded at kucoin rarely because crypto business was my part time job and i am not that updated anymore in crypto news. Still, i managed to multiply my investment at kucoin and always buying those altcoin when the market is in red thel sell it when a bull run starts. 15% to 20% increase of my altcoins is already enough for me to sell those for a profit.
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