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I think that the price is very interesting to get on board... An interesting price is the first step to make new investments. Usually when you lose the hope, suddenly the market starts again to run. We'll see.
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My advice is to choose carefully your investment and to hold. It's very difficult to trade as you tried to do. Good luck.
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Imo Bitcoin is the king as a value store but I don't see any serious competitor against eth. It's the bigger crypto ecosystem.
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I believe in this concept: never sell in red. I think eth will recover its right price. In the meantime, forget it.
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The market has been down for too long. Do you feel like quitting cryto because you ve lost much?
For me, am a die hard fan of crypto. I will be a coward if i run away. I will stay till the green light shows. What about you?
In the past I gained not so bad. Now I still can afford to lose some money but not for a long time  |
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I think that Marx opinion could be applied even in the crypto market. If you have too much offer, then the market goes down. When the price is low, then the investment start again. So I don't see the 'collapse' in the near future (but your/my own collapse is a different story and it is possible of course)
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Your suggestion are appreciated but they should be legit only for ICOs, imo Bitcoin is another story! Isn't it?
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Many community members have been claiming lately that altcoins are going to die or at least that 90% of altcoins are doomed. I tend to agree with them that there are many coins and tokens that are pointless and won't survive. Another cathegory are alts with solid foundations but won't manage to fight with their competitors as naturally there are numerous projects with same visions. But if you trust the project you invested in, there is no reason to change your mind just because someone says many altcoins won't succeed. Do your research and trust only your own judgement, because many ALTCOINS ARE HERE TO STAY!
I agree with you. A lot of projects will die but others represent only the BEGINNING Good luck! |
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I don't think there is someone able to say when the market will recover. Maybe it needs a couple of years, maybe just a couple of days.
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As you say all the market is red, so honestly I don't understand why you ask if eth is dying No, I really don't think it's dying and until now I don't see any real competitor (except Bitcoin). |
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There are many things to consider. My advice is to search for different information's sources and to try to get an idea about the projects.
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It's not so easy answer the question. How to make money on line? To invest on crypto imo is the best way but if you think that it's simple you're making a big mistake!
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As you already said, panic doesn't add any value to our lives. Keep calm, if you are confused then wait but no fear or panic.
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What does crypto mean to you - a means to a fast buck or a step into the future.
For me both of them. I'm closely following the tech innovation to see where they are conducting us. |
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Often it depends on us. We shouldn't support scam projects anymore. In the past, even a scam project was good to make money but now it's time to stay in another way in this crypto space or it won't survive
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Sometimes yes and sometimes not. It depends on the project.
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Not all the people can make huge gains. It is called natural selection |
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Usually it's possible to make nice gains but be careful with this bear market.
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All the thinghs said above and don't understimate communications (many times in the post Ico the community get destroyed by a lacking of good communication). Another important thing is the token price (in the last times the prices are really fool).
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Patience is not onlh the key for the success but it's also the only valuable thing in the wallets right now |
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