Ethereum nowadays is the best and most used altcoin, and the second crypto currency after Bitcoin. Its smart contract platform increased highly the demand and the value of this crypto currency especially in the last months. But it is still ranked second after Bitcoin which is predicted to keep its first position for many years.
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share your bounty campaign strategy to obtain more profit in your wallet
My strategy is very simple. I don't participate in many campaigns in the same time because I haven't much free time online, but I study carefully the project before participating, and I join only the promising ones. Also I join the campaigns that don't ask me a hard work weekly, to guarantee that I complete the tasks and get my rewards.
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In my country the government don't support Bitcoin officially, but it is not illegalizing it as well. So people here can work for Bitcoin and trade it, but they need mostly to cionvert it into fiat currency in order to use it as real money offline. Many people here deal with bitcoin and hold it since its price go up fastly.
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Of course there is a risk linked to the price volatility of Bitcoin, the price is not stable and it is going up and down everytime. But Bitcoin is expected to keep increasing with time so this risk is not really serious. There is another risk if you don't take all the needed security steps about storing your Bitcoin (the wallet security, private keys..) you can get stolen or hacked.
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I study well the market before buying, and I take my careful time before choosing the best coins or tokens to trade. After following this steps (which take some time), I wait until the price drop down a bit then I buy and hold my coins until the price go up again, so I make good profit with selling.
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Yes Ethereum have the potential to rise even more than $2k in the nearest future. If you check its near history you can easily notice that this coin keep going up and its price doubled at least twice in the few previous years. Nowadays its needed even more because the number of ICO projects rised highly.
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I think Twitter, Facebook and Telegram are the most used social media platforms, and advertising any ICO project there will help to get a high quality traffic and spread the word largly about the project between the interested community. By the way we can add bitcointalk forum, because the majority of crypto interested people have accounts here.
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What do you think is the future of bitcoin to these kind of countries which is the poor ones ? Is bitcoin can be useful for the citizens ? What would be the government's approach to this kind of currency?
Most of this countries don't support Bitcoin and some of them illegalize it. But I know so many people from such countries working hardly with BTC and crypto currencies to get an additional income online. They can convert this currencies to their fiat money easily through the trusted exhnagers online.
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Your budget is a bit small to enter the crypto investment world, if you can start with bigger amount it will be better and your potential earning will become bigger too. But you can start even with this amount, just try to choose the most promising crypto like BTC, ETH and LTC.
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Mostly I trade for Ethereum because I am currently holding this coin. I trade ETH with BTC sometimes when I need some amounts in btc, or when the coins I am going to sell are sold with only BTC, but usually I prefer trading with Ethereum, it is stable and growing coin and very useful especially nowadays.
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Hi, guys! I am in cash in Bitfinex now, what would be your advise to do now? What coin to buy or to stay in cash? THANK YOU!
There is many promising coins and tokens in this exchanger and you can buy some ones if you re looking for trading or even holding in long term. Ethereum and Ripple nowadays are the most promising altcoins and their prices are predicted to rise highly in the nearest future. You can buy some amounts of them depending in your budget.
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There is many exchnagers supporting ERC20 tokens actually, including the decentralized and famous one Etherdelta. You need to check the token website or ANN and see if it is supported and listed in exchangers, then you can sell it there, if the price is good for you. Also Coinmarketcap website can help you to find the markets of many tokens.
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I think there is no minimum investment amount in an altcoin to become rich. Trading crypto currencies isnt stable at all, and unless the most powerful coins and tokens which have the prices rising slowly by time, the other coins haven't good value nor real potential. You have to study carefully the coins to trade, and the market of course.
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If you don't need cash for emergency cases, the better decision is holding BTC until the price go up again. It will take some time but in general Bitcoin's price is increasing year after year and it is expected to become a lot more valuable in the near future, so keep collecting BTC and holding them.
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Firstly start by learning more about Bitcoin and crypto currencies in general. This forum will help you a lot because its community is very active and most of the members have good knowledge. Then after getting good knowledge start working and trading BTC and try to hold your bitcoins for long term.
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Investing in Ethereum is still profitable. Its considered as the first altcoin nowadays, and its price is increasing highly recently, and many experts predict that its price will go to the moon in few years, since it is needed for creating tokens and for investing in ICO projects as well.
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Yes, investing in altcoins still profitable, especially if you choose carefully the most successful coins which have good potential, because their prices are expected to rise highly in the future, so you can buy them now with cheaper price and sell them when the prices increase.
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It is so risky if you dont study carefully the market, and the coins / tokens you re going to trade. Also starting with this domain need good knowledge and experience, otherwise you can easily losing your hard earned money especially if you are trading with big amounts.
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Yes trading is beneficial for me, because it is mostly giving me good income of crypto currencies. However it is having some level of risk too, so we need to study the market and the chart carefully, and to choose the best coins or tokens to trade, and the best moments of buying and selling.
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Do you an experience of investing in ICO? Was it a good experience? Have you raised anything?
I invested in few ICO projects and I earned some amount because their tokens prices increased after the ICO. Its limited number of projects, because I know that investing in this projects involve some risks. Also I take my time studying carefully the project before taking any decision about it.
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