Ethereum has been making some loses for quite some time now and I wonder if this loses are going to continue. Before this time ethereum is always carry along when bitcoin is bearish or bullish but now that is no longer the case. Today I see bitcoin making some gains and ethereum is falling. How long can this continue.
This is really true, ETH is now really in a bad situation, but I think such a situation on the crypto market will soon change. I can not predict when the market will start to grow but I think it will be soon. Well no one knows, the bearish market still running and even btc gaining little support still ain't enough to lift the crytpo market, if following last year's trend buying ETH can be a good investment for those who can wait and aiming for long term holdings. |
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You should consider both Of them as investments. And You should know that evett investments has its own risks such decrease in prices or returns from mining. Both is possible.
Good point, if you know the grounds of both venue you will be able to decide whether what to choose, mining if you have good capital and you are knowledgeable with the technology while trading if you are Keen to learn deeper market, most importantly how well you can manage your emotions as mentions, both venue have it's own risk to take. |
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If you want me to, I can do that but from that I will stop to call bitcoin and Investment, it will not stop being that. Because people are concerning it to be an investment asset more than a currency right now.
It's easy to say that after more adoptions comes Bitcoin can be treated as currency more than an assets for investment, though majority of traders around keep making this system as an investment knowing that they've got a good chance multiplying their money whenever they are dealing with trades and make successful calls. |
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In my heart there are a few questions that until now have not been solved or maybe from other members there are also like me. my question is why the price of some crypto from one exchanger to another is different, for example coin A in binance 2$ and in one of the other exchange coin A is 2.1$, it's a little bit difference, whereas coin is same, it should be coin same price must be the same.
what's your opinion all about sir?
because each coin has different abilities to grow and develop. so they will not be able to have the same price, and also each coin has its own community, and that greatly affects the price of coins. Wrong, the question is why there's differences between exchange price, most of time opportunist are being tricked by the bot that particular exchange or dev's created, thinking that there's big difference and advantage they will buy right away but they just catch up and the price from another exchange will be dumped placing them into a trap, not saying that its always that way but there's chances that it's really happening. |
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I just came back from work now and find out that all the altcoins are in red except few one. I did not know what is really happening and I think traders are dumping for some reason. Is there any fundamental reason why altcoins is getting dump again?
Some people are impatient and some whales want to manipulate the market which makes it a real crisis. This situation lasts for several months and it is not surprising. Learn from this current events, the rise and fall is not new if you trace back the history, those who knows how to wait and patiently holds most of the time are the achievers and really earn big profits, spare money can be used here and take some risk to buy more coins, waiting game will start before the year ends. |
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I would propose alts with true utility. Alts that offer something aside simply being computerized monetary standards. Sound tech can be a main thrust over the long haul for any cryptographic money venture. With a functioning group out of sight , the main path is up. So you make your exploration and choose for yourself which is best for you to hold in view of this criteria.
Those dividends coins might fit as well, if you buy coins that generate dividends then all you have to do is keep holding even in the bloody market you can sell the earnings and keep your coins inside your wallet, you just need to take time about certain project and what is the development pattern, knowing the importance of the coins and what will be the venue that will cater in the long run. |
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If an altcoin is that much promising, I don't see any reason why not to. Bitcoin is indeed a good crypto but still, there are altcoins which are having a higher market price increase rate especially if it is newly listed in the market. Maybe it would be worth hitting a try and if you. have huge amount of bitcoin holdings, it would be a good idea trading some of it into good altcoins to earn bigger profit.
Who will not do that if you have chance to increase your assets, bitcoin is a basis of actual trading industry, if you have idea about promising coin that will grow rapidly, for sure you will take it and invest knowing that your bitcoin will grow and make you earn more than what you have from your wallet, traders always find ways to increase their assets and if seen some opportunities they will grab it no matter what. |
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I think we are almost done with this bear and the reversal will be inbound very shortly. 6k is holding up nicely. Once $6500 is breached be will be off to the races. This was along cruel bear.
Most of the people predicted that before when btc fells below 6k$ and rise above 7k$, but after the delayed of ETF the price fells again, we can't say what can happen after this but believing that this dip will be the chance to buy more and store more inside our wallet will be a good attitude. |
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Expect lot of people will quit this investment because most of us are here in this field because of the reason that we want to earn from this investment that if ever we could not to earn profit anymore then of course it would be a waste of time for us. The good thing is that this investment will continue to going strong as more and more people are now aware about this investment that for sure many of them will join and will put their money on this investment.
The majority part of this system are for investment and we can say that if your investment is no longer profitable then you needed to find other venue, if Cryptocurrency will be same next year maybe many traders and investors will find other ways to invest their money, still hoping that before the year ends good things will show up and the market will turned into green again. |
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as per governments view, they never accept decentralized bitcoin. the major reason is they unable to track the sender and receiver. smuggling and black money can send anywhere without third party knowledge.
so do you all think bitcoin can be centralized ? can be do ?
In theory this is possible in my opinion. But in general, I think that if it does, it will drive off a large part of the crypto community, and then its price may collapse. I do not think most people would accept such a move. Most believers will be annoyed as the essence of being decentralized place them here and invest, in some points being centralized can help the market being lifted by government they might adopt when crytpo already became centralized market, the true identity of the owners will be revealed as government can intervine and applies certain rulings. |
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Markets go up and down, people who can't handle that shouldn't invest.
Simple as that, those who can't afford to play with this cycle shouldn't be here anyway, but for those who can manage to survive and adjust in any market movements will be the gainers from this industry, you can take which way are you going to like what most people say, invest the money that you can afford to lose and always be positive. |
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MEW is very easy to use, it's just that you don't forget and keep a good private key as a password to enter your wallet. For eth wallet, I suggest you use MEW.
For free wallet yes indeed MEW is the best one just need to keep your private key in a safe place and bookmark the website to avoid opening it from your browser from time to time, you will possibly victimize by a phishing site that can empty your wallet, remember hackers are just around you make sure to take care of your assets. |
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Yes, very correct. Encrypted currency investments can be addictive because they make a lot of money. But I see your time, you should lose a lot now. Because this year the market has always been red.
Corrections happen, being addicted to something that brings profits is really entertaining, if you can find good ways to make more earnings out of this market then you will continue searching for more, crypto currency might be bleeding for some time but if you are keen and you always looking for some edge then taking some risk in the red market still bring opportunities. |
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I think it will be large growth, a lot of companies invest in crypto and there is good news for crypto. Also, it`s a very long falling of the market and it`s okay, after a long fall will be long growth. I think it will begin after ETF correction in September.
We can't say that same affect will happen but we can hope that after this bearish market the bull will run again and it will bring huge bounce back into its value, just keep your patience much longer and stay focus do not be move by those fuds and negative news panic selling will bring loses to your investment, calm down and take some rest while waiting. |
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I think it is very normal, the world is freedom and competitive that everyone need to work hard to get what they want, you are free to get greedy and fearful as you want, the world is a machine that need to be running continuously without a pause, then the earth is stronger.
I agree of that. Every one need to workhard to get income to use in there daily life. Yes you are free whatever you want even greedy and fearful cause life goes on and the worlds are continues running you need to survive and to become successful in the future. You need to survive and and use every skills that you have in order to gain much better, people who can handle the risk and capable of working out with others fear are going to benefits and make more success, as they can mixed up. There strategy and continue to profits. |
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So BTC and most alts are down 10-25% pretty much across the board from 6:30 est. this morning.
So what do you think guys, buy this dip or wait for more blood?
You have to have a sort of basis for this and not just to buy blindly or from the advice of other people. As it can also go down further coz no one knows where is the bottom (maybe the manipulators do). So make your own system and convictions. I believe that the bottom is $5k dollars and the market price today is already back at $6k again so we can expect for the price to start pumping again and it might sky rocket again before the year ends. We can't assumed right away that the barrier could be 5k$ yet it's depend on how investors will trust and hold their coins, the situations still unpredictable and movements will continue to sway, it's needed to have extra knowledge to proceed and decide if you will enter or wait a little more. |
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I think that Ethereum can still fall once more in relation to Bitcoin. After that I think the price turn may start. But I think that even the current prices are pretty good. I think in the long run, Ethereum will bring profit.
Long term holding can be better for ETH investment, the market still not favored with short term traders, the value can fall more than your target dip, probably long term holders will benefits if they are trusting the chain, take your time reviewing things that can favor your investment in the long cycle. |
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No you definitely can't depends on your luck when you invest, you need to think logically and do a lot of research to make a successful investment, I never heard any successful investment story because of lucky investment, and you can't rely on luck to make profit
In an investors mind, skills definitely play the role in order to succeed from any field that they are entering, luck's are just part of it when they gain unexpected profits, but mostly you need to study the market well, plan your strategy and build good options when things is not moving according to your directions. |
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In the cryptocurrency market, as long as you can find potential coins, you may double your investment funds overnight, which is impossible for any investment industry!
Just so you know even you pick those potential coins it can't guarantee you a quick profit. They always have sideways and even you think you bought the dip yet there's another dip it will just make your investment worse. Some beginner quickly jump into conclusions that once they get here they can have a quick and good return that's why when their expectations didn't met they easily give up and troll the forum. that was me before and thanks for this because it somehow wake me in reality. maybe in time I'll be able to cope up with my losses and this will serve as a motivation. That's a good attitude, keep improving yourself and never to conclude right away,when you made a mistake choosing an assets avoid to make the same mistake again, motivating yourself to go deeper and study well so you'll be able to find project that will bring some hope for you, misinterpretations is not a reason to give up so quickly, try more harder and start to learn how the market really works. |
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What do you thing, where crypto currency is going? Do you think this is end of crypto?
There is a great future for crypto, we have not reach the peak of crypto era, many more projects are coming to be that will revolutionized the global society. Crypto has come to stay! We should worried about adoptions and how can we help this chain, so many people will be aware and got some ideas how things works inside this market, it's needed to open the potentials being used for daily transactions rather than being kept and treat it asan assets, spread more positive opportunities and attract more people. |
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