Don't look at XRP too high, because I don't believe XRP will hit $2000, that's a very unreasonable target. Similarly, the $10 price target is also
a target that XRP will not achieve this year, because the target that XRP is likely to achieve if it manages to resolve legal issues with the SEC is
likely to be as high as $5. That's the most realistic target I think XRP can achieve.
Being realistic gives you the right assessment in choosing what project to invest and how long the duration to wait, I see your point for saying that $5 is far realistic than thinking of much higher from that value, even XRP wins this case, the needs of huge amount of money to flow will be the reason to see any possible pump to happen. |
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there is nothing wrong with all opinions, we will know the truth later. besides that if we follow their analysis, we also have to know the reason for joining the coin, so that there are no regrets like gambling later, moreover the coins can still survive until now, maybe it's true that the coin has a lot of support or is just a game of hype
It's your money that you will going to use if you choose to invest with this coin, there's no one to blame if you fail to work with your analysis before taking your step, the success is still unknown, what matters now is how you able to plan your strategy and how will you look for this asset, either short or long just make sure to have a good system to make sure that it will lessen the chance of losing more from your investment. |
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Currently the market cycle is still influenced by bitcoin conditions, you can see for yourself when bitcoin goes down, all altcoins struggle to survive or struggle not to experience too big a decline, I think this condition will continue because bitcoin is the benchmark for the crypto market.
Being the benchmark takes all the spark in the current market, we see that whatever direction bitcoin is heading alts are following the trend, if not all it's the majorities that continue to backup bitcoin movement, the dominance still showing and the domino effect still dragging the alt market. |
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Why not Hold BTC and BTC trading at a lower percentage? Why trading Altcoins knowing that price fluctuations are greater than in relation to BTC? From the loss and loss experience you've gone through I believe most people have gone through this and what you said about these projects not going back to their peak prices is really true. Well, it's clear who will survive the next few years and who is bound to devalue and be worth less than pennies.
Proven by time Bitcoin will remain the best asset that fits to this kind of investment, if you don't want suffered from huge losses due to huge volatility, maybe if you are wiling to gamble and risk your money, sorting alts and try to ride with the train would give you something decent, just a matter of how you can manage things if it wont go according to your direction. |
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5 years being too long to hold a coin depends on the coin you want to hold or currently hodling, The NEM coin which op used as an example is not a very popular coin to me, not everyone know it even exist, but if we use bitcoin and Ethereum and binance coin as an example, those who bought btc and eth and BNB 5 or less years ago and still held it till now are already in huge profits even with the recent market crash.
So holding a coin for 5 years is not a bad idea, but one thing people must understand is that, it's not every coin that's meant to be held that long, there are coin that it's foundation are very solid and this type of coins can be held for this long, but for others, they are to be held from 6 months to 1 years, others 1 year to 2 or 3 years depending on how solid the project is.
That's how important knowing which type of project are you holding, that 5 long years have a lots of challenges you'll see many price movements, it's up to your good analysis to sort it out and entrust your money in that long span of time, though with Bitcoin and ETH those long 5 years are very profitable to those who still holding their assets. |
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right, with plans to list on a major exchange, it is certain that the coin will rise in price, although after that it will fall again. with the news, of course, many investors will start buying it while the price is still cheap, and when the price is pumped, they will sell it until the price returns to normal, and devs must try to keep the coin alive
This method is indeed done by many project developers to stabilize and even increase their token trading. but not all can do it. some newly released projects even find it difficult to be listed on major exchanges due to strict classification. the current conditions I believe, more investors are playing on top market assets than waiting for new projects to be listed on large exchanges. With the development inside industry there are many different types of investors inside, some are still doing it the old fashion ways while other are now bringing new twist with their strategy, those institutional investors just keep buying what they've believe will bring them fortune while those who are riding with the sentiments are trying to short it out and enjoy quick gains. |
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I'll follow those important advice that you gave, but if you avoid crypto twitter or any other social media platforms I don't think it's a good idea. We need them to keep updated despite of bearish market that's getting worst day by day. Though we have no assurance for the coins that we're holding nowadays, but don't give up because we will be harvesting our profit when the price reaches so high once bullrun comes.
Social media might help to get some updates in regards to your asset but never use them as basis, it will lead you to lose your money as there are so many manipulations that happened using this channels, make sure to work with your knowledge as it will give you the best ideas pointing the right directions especially during this bearish market. |
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That's right, only investing in coins that we know, therefore if we are not familiar with Ethereum, there is no need to rush to make a decision
to buy Ethereum. It's better to learn everything about Ethereum first, once we understand it will make us not be sheep. This means that we do
not buy because of the words and opinions of others, but we buy Ethereum because we already understand what we are going to buy.
It's a must to do your DYOR before you invest your money, not even in a well known coin or project it's still important to take time reading and researching for concrete information for you to trust with this asset, after doing it all, that's the right time to place both your trust and your money.. |
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Yes, now is the right time to hold our coins or tokens the market is slowly rising every trader is coming that the bull run will come again very soon.
Good to hold indeed, if this momentum continue and more investors start to send their money inside the market, it surely crete big impact and might possible to bring the bull back. As the price of bitcoin rises so does the value of altcoin with so many traders selling to keep prices down I think now is the right time to hold on.
Domino effects that really shows some green around, it's still unsure if this trend will attract investors or it will again just an attempt and will bounce down. |
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There are a lot of bubbles in crypto right now thanks to newbie traders. A lot of them are putting money into meme coins and scams. I do not see these bubbles bursting all at once because there are just too many tokens out there. As long as they don't all go down simultaneously then the overall market will be fine but we will have some volatility.
The crypto market is growing rapidly over the last 12 months. Do amateurs really have enough money to create bubbles? We are seeing more and more institutional investors in the crypto market who invest millions. While I think that amateur traders play a part in a bubble, there are not the main reason. Also amateur traders usually just follow more experienced traders. They keep following those big players and ended up losing their money, each time whales start moving those who intends to ride with them are the one who mostly losses their money, unknowingly take part of that market movement they are unaware with how things will turn out. |
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They are not here before the last bull run because they don't believe bitcoin will drop below $40k, that is a wrong perception and the current market has proven them wrong already. Bitcoin has been so volatile, it even reaches the point that people thought bitcoin will not recover anymore, but look where it is now, it's at $30k and still at a good price even if it has corrected its price.
Thing is, bitcoin is not built for short-term success, with all the manipulation, the hypes, and the FUD, it's normal to see it pump and dump but its long-term growth is very positive.
In the long term perspective it's already been proven that Bitcoin provides huge profits for those who continue to buy and hold, people who invest and think for this asset as their long term investmen/retirement investment, instead of working with stocks, Bitcoin mnaged to bring very decent to those who holds and wait. Only those who understad and willing to that big risk will short this asset. |
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this is very reasonable because the market has experienced a very high increase and is now starting to show a continuous decline the market does not always show prices going up there must be a price going down, be patient and control the emotions the market will definitely return green
we have already seen how the market situation was direr in 2018. even the recovery is not enough just 1-2 years. improvement does occur but to form a good rally takes quite a long time. while for now, we can still see how the market corrected but not so bad. Many altcoins may have been destroyed, but I think top market assets are still able to survive with the current stability of BTC. Good project stand still as there are community who support the projects, it's not easy for the market to pump that quick unless there are big whales who will start pumping the market by bringing big amount of money inside and let the bull to start dominating back. |
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the current situation is still too soon if you want bulls to happen again. you can find out how the situation of the movement of BTC has fluctuated several times.
in a short time can make a pump can also correct. but the current situation is followed by altcoins. different from the previous situation.
The current rally is still not enough to make a bull pump come again. I'm actually worried, we will soon come to a deeper correction than before.
Better to have sets of plans anticipating the possibilities that after some green the market will again will undergo into correction, just make sure that you allow adjustment that may happened and if you see your opportunities then grab it and enjoy, if you fail though, then go for long and never to sell with losses. |
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I will give the key to my wife, therefore I want my wife to have the same hoby as me i.e. trade and also know more about cryptocurrency, so that if one day I die, I do not lose everything, whenever my wife can take my assets. for the future of her and our child
Good idea if you can bring your wife to this industry and she shows that same interest for sure all your hard work will not be wasted in case time for you to go and live everything to your wife your family will enjoy those invested money and have a better life after.. |
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BNB is probably one of the top contenders for the upside but we can't rule out the possibility that this is a trap, this prominence is diverting focus while Ethereum is also launching other activities, such an omission would be an opportunity for the pumps, testnet is the closest activity to ethereum, they are running some tests and applications, Ethereum can get up to speed with these mysterious tests. There is no need to rush at this time when it is in the sale season, a few ideas from the developer that could help us keep the best altcoins for next season
There are many possibilities that might happened along the way, it's depends from how investors work and analyze those potential that may bring then good benefits in the long run, or also, the possibilities of riding with short pump, BNB is fit for both long and short term trade as market is moving from time to time. |
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Much better to forget about it and deal with your own research, find other projects and keep away from
this influencer, he's trying to allure investors and don't be surprise if there's actions that will happened
along the way, if from those animal coins actions take place, just let it be and forget about riding if you
don't want to lose your money.
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I disagree with this due to the fact that if world goes cashless and all would adopt with it, companies like PUNDIX and binance support cards which you could use for transactions with less fees involve. No hassle holding your money. Another thing is it is inevitable due to the fact that this pandemic helps a lot with digitalization and cashless transaction is a trend.
I understand your point but the fact is that not all merchants accept it according to the needs of each person. indeed all still on progress for digital payment adaptation, and sadly all people are not having the same status economy. like a poor or homeless. If the majorities will adopt then cashless will push thru, we can't deny that fact that economic status also affects the entire adoptions but things may proceed if more and more people will embrace this new digital system, cashless may happened along the way. |
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Now that the dropping season has begun, it is needless to say that now is the right time to buy crypto coins. Although in choosing what to buy, especially if it is your first time buying, research is definitely a must. And it is also important to set the bounded time of investing in such, to also determine when to sell.
why be afraid to buy crypto currency? even though the bears have indeed arrived, I still advise all of us to buy at the bottom price, don't buy when the price is high, I know human nature is like that, but don't be frustrated if you still experience losses in the spot market There's no assurance that you'll be able to keep getting the right asset or you'll be able to keep making your investment into the right timing, chances is always there that you'll messed up with your invesment, but if you are positive and you do believe that it will bring you decent profits, waiting is not hard for you to deal with,. |
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This is not an issue with the entire meme coin market but the entire market went down and if you are worried that the market will not recover then you should book your position as it is really hard to predict what the situation would be as the market is pumped because of the hype that was created by some influencers and the correction depends upon when the hype will die off.
With the help of those known influencers the market recieves huge pump but knowing the cycles of this market, after that pump expect to experienced corrections and downfall, there are big influence from those early investors who earned from the bull then sell it out when they've already reached their target, if you don't want to be left behind make sure to have that same goals, set your target and release your asset once it was been hit. |
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Dogecoin is over priced and it interesting that market do not feel the same. Many good and promising coin are down, bitcoin is down as well losing up to 50% of it's ath value. Dogecoin however is not losing much. I guess those that hold dogecoin are doing so because of some other reasons and whatever reason it is, dogecoin price is not sustainable!
Still hihg in value since those who bought at the peak still convince that the value will bounce back and start to bring them decent profits, but in reality, that said chance are far from how the market is moving, Bitcoin is down and most of those known and reputable coins are also moving downwards, whatever the reason investors still buying this coin most might still hoping that it will rally high again. |
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