of course, bitcoin already available since 2009, the fluctuations always be there coresponding demand and supply. now the price is low, this is the right time to buy, because many people are scared, and when the price is rising that your chance to sell. crash is part of the market, anytime market will crash, soon it will be rise again.
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You can start 100,200, or 1000 depending on your will, the most important thing is that you have to keep making a profit from the trading activity, 1-3% is a good thing for daily profit. so it's actually not a problem regardless of its capital as long as you can get your profit already said to be a pro trader.
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if you are not able to make a profit you should stop for a while, but I think you are trying to get a big enough profit so you hold it for a long time, you should trade fast and have a target, for example you buy a few coins and get profit around 3% you should immediately sell it and wait for the next opportunity.
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learn analysis and fundamental techniques, then research the coins you will buy, pay attention to the coins that are just listing because they can pump / dump in a short time so you can buy and sell the coins several times. and also you can do for a certain period, for example buying a few coins and holding it for 1 month or more then selling it.
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well I guess so, but not all old coins can't rise anymore, I know many new coins that enter the cmc from the top 200 to 100. but that doesn't mean old coins don't have potential, maybe they need a little longer to develop them, though not all old coins will rise, because they will be replaced by new, better coins.
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Is current time good for buy more coin? Normally, I will buy more when the price of coin is dropped. But with this situation of the market, I doubt the effectiveness of buying decision. Please give me an advise!
In Nov-Dec everybody was willing to see these prices again to buy a shitload of coins. This could very well be the best time to buy more coins, but also the worst time since nobody can really predicts the markets. The best advice is to buy in steps, using only a % of your capital and if the markets keep going down you keep buying to average down your buys. And after you bought a lot of coins in a dip and if keep going down you must hold it until the market are going well. Don't just buy coin of course you need to analyze the coin that you want to invest. Long term investment is the best choice in this situation. but some people want their money fast back,they can't wait for a long time, that's what makes some people think of selling it in a loss. I think your opinion is true that long-term investment can be considered for the current situation, even though some traders do hit and run, but doing both can be done as long as you can manage it.
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I think it's a good coin, several times he defeated Eth in the top 2 cmc. and recently he rose 100% because there are several new projects released such as opening 40 new branches, and new features for payment, twitch and youtube receive payments through XRP, that's good news, and people also predict xrp will reach 1 $ in the month November or the end of the year.
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no, because all the coins that I hold are worth more than 80%, but i got some profit for selfdrop and some ico, yes even though it didn't last long, because like fomo, at least it comforted me a bit, because the losses I got from holding a few coins. but coins like eth ltc xlm can be considered and should be bought at the current condition when the price drops.
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in my opinion it helps a little, because usually they give certain conditions to claim / get their coins, like following their social media accounts and sharing their status. I think it's quite effective, and of course plus the promotion of the team itself.
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the limit is based on the market price at that time, while the price of the market price of course follows the market price at that time but cannot always udpate as fast as the market, which is why there is sometimes a fairly large price difference. for example: the price of bitcoin in the market binance is 7000 $ while in the coinmarketcap the price is still 6900 $ even though the actual price remains 7000 $ it's just udpate at CMC a little slower than the market.
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and now the price is back again, I think bitcoin and altcoin will start giving movement in October or November.and yes don't be too hopeful as when eth touches $ 190 people in panic and says eth is hopeless, then when the price goes up people will say eth will get better again, I think it's a reasonable cycle for traders and holders
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yes please if you want to buy, but you have to be careful because we don't know when dump and pupm will happen. you can buy coins but it's better to do it in the short term for altcoins and long term for btc. but since the ripple price increase I see that there is an increase in the total total market cap, usually only 204B $ now to 221B $.
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you can buy eth and xrp, because they can provide profits as you expect, actually there are many other altcoins that can provide profits of more than 4x or 6 x, but of course with a higher risk. while eth and xrp the risk is not too big, moreover the price of the two of them is down, this is a good opportunity to buy it.
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some people do it, especially amid unstable market conditions, and also people do it for other reasons, for example needing money, they know selling when the loss is painful but nothing can be done especially the price will go down, and there are also people who make bets waiting until the end of the year hoping the bull run will occur like last year.
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well even though he has a good partnership, but I think he needs time to be 100x as you said. especially in the midst of very bad market conditions for now. even bitcoin has dropped above 60%, so I don't think your speculation is right for now, hopefully the bull run at the end of the year will happen and will make all the coins rise drastically.
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yes I think everyone expects the same thing. but what happens when the market turns green then red returns to the previous value before it rises. so I don't expect too much, maybe if you can take the right moment, I think you can take advantage of the price rise / fall.
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Yes, because XLM has good networks and teams and projects, it can survive in the midst of a bear market. unlike other altcoins which dropped to 90% and above because they only relied on news at a glance from ico, so it can be predicted that the value will drop dramatically after the list in exchange.
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I don't think that can happen, even though the technology that Eth has is good but can't guarantee that it can outperform bitcoin, moreover the two coins are created differently. although eth can touch 6000 $, one day of course btc has risen even higher, it could be 50k or 100k, because bitcoin has an important role in crypto, and bitcoin is the first coin that appears, so I don't think anyone can.
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I hold the verge and some new lyrical ico coins, I hope this is the right choice, considering that it is now at the end of Q3 and will soon enter Q4, where last year the price of coins rose drastically. I also suggest good coins according to an analysis like XRP XLM. They have good fundamental news, by launching new technologies, and opening new partners in each country, I think making these coins will rise at the end of the year, predictions for XRP 2 $ and XLM 1 $
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although the project is highly favored but still requires time for the development stage. and of course when it is listed in the exchange pump and dump will always be there. someone will try to take advantage by issuing good / bad news depending on the situation, and when it arrives you must be ready to enter it.
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