I’ve been into Bitcoin since 2014. It’s always been my main thing, however I’ll admit I got swept up in the 2017 cycle and got burned on quite a few projects. I eventually consolidated back to 100% bitcoin.
Now I find myself in a situation where I really believe in Ethereum as the only other viable project. I’ve been accumulating Ether to the point where now I’m 80% BTC, 10% Eth and, 10% USDC (prepared to buy more BTC when the time is right).
I’m preparing for Eth 2.0 staking. I see all the Defi projects built on Eth. The stablecoins, the ecosystem. If Eth fell, it would bring a huge chunk of the crypto market down with it. So for this reason, I can’t see ethereum really disappearing. It’s the only crypto that I’ve actually used (I bought something with USDC, an ERC-20 token).
That said, I am concerned about those stolen $100million in Eth. That can depress the value of Eth for years. I’m concerned about the constant hard forking, the constant delay of Eth 2.0, and the general amateurish feeling of the project. I hate that Vitalik, and the ethereum foundation dumped their bags on people at the ATH.
Part of me wants to just sell my Eth for BTC and not look back. Another part of me wants to keep buying Eth as it goes down.
Any intelligent insights on this forum? Not a pissing match, not a shitcoin shill session. Just honest feelings about Ethereum from other veterans in the space.
I came to the crypto market in mid-2017 and the first cryptocurrency I met was ETH. Next, I began to participate in cryptocurrency projects and accumulate ERC-20 tokens. I also had to study all the important points related specifically to the Ethereum platform, namely wallets, exchanges, how to determine the network load and choose the right gas. All this gave me the opportunity to get closer to ETH as much as possible and I consider this platform and this cryptocurrency the best for me and I hope that in the future ETH will show the best result. |
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Hi guys i read on the news that major few exchanges are delisting some altcoins that falls to keep up due to present bear market, for example poloniex exchange is delisting Omni and primecoin and others, what do you have to share about this?
Some are saying its good to invest in old coins now few old coins are dying, I believe they've met the end of their roadmap, no more excitement about them, this is why i still feels that newer coins will take the bigger advantage of future greenish market, what do you think?
I believe that everything that happens is obvious. It’s the same as every year a new version of the smartphone comes out and everyone runs to buy it getting rid of the old one. The cryptocurrency market is developing and of course there are different cryptocurrencies on it, successful and not very. I would say all that is happening is an experiment and all new and old cryptocurrencies are experimental. Of course, why leave all existing cryptocurrencies on the exchange, you need to do a decontamination, this is what crypto exchanges do. |
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Hello friends, I would like to invite you to discuss about IEO. I just tried it. You can feel directly 10% of the investment and the rest will be opened every day. You can suggest or comment on the listed IEO. Say plus-minus here! I am here because I like investing and trading. In my opinion, the shortcoming is that the remaining coins from the investment will spend 365 days to be able all to unlock. Notes: Read this rule before investing, I don't want you to be disappointed after investing. All investment risk becomes its own responsibility. Rules Read!!!Just today, I ran into IMO since I have USD0 on this wallet and was not very surprised when I found out that any purchased or received tokens on the platform can be withdrawn only by unlocking a part of them every day for one year. When I studied IMO I liked the idea, but I did not know what would be such a condition. On the one hand, this is good, as it will allow you to keep the price of crypto assets in good shape, but on the other hand, the crypto market is changing rapidly and a lot can happen in 365 days and there is a lot of fidelity not to have time to unlock all the funds and sell tokens. It is also very bad that having bought tokens you cannot control them yourself and all your assets will be under the control of the IMO platform. |
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We are now in the “ALTCOIN” season.
Do you agree gals?
I DECLARE yes We are now in the “shitcoin” season.
Why?
1. BTC has dumped. The 2019 bull is dead. The 2017 peak will be the ATH for a very long time, like until the next next halving hype cycle, 2023.
2. Value has gotta move. It's either shit "stable" $1 coins. Or "shitcoins".
3. You can't pump stable coins.
Well, I would not despair so much. According to history, the development of the crypto market has already seen bad and good seasons. But why do phrases sound from year to year that everything is bad, that everything is lost? Simply, many want constant growth, but this can not be. To see the flight to the moon, you need to sink to the bottom. This is how the cryptocurrency market works. Want to see a successful altcoin season? Then you just have to wait. Good luck to everyone and Happy New Year. |
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Weihai, a port city in Shandong province of eastern China, has a stern warning for investors: make sure you are really investing in blockchain innovation and not cryptocurrency masquerading as blockchain. The Weihai Local Financial Supervision and Administration said Friday investors should be more cautious because illegal crypto issuance and trading are on the rise, according to a statement from the authority. https://www.coindesk.com/chinese-city-warns-investors-crypto-isnt-blockchainI believe that this is the logic. Now, in principle, creating a cryptocurrency is not a problem. But whether it will be related to the development of blockchain technology is a completely different matter. All this is aimed at solving the problems associated with fraudsters in the crypto sphere. We ourselves know what crypto projects mean now, most of which are now initially scam, as they were created with the sole purpose of taking possession of investor money. Of course, you need to deal with this in all ways. |
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In some cases where a token price crashes soon after listing on the Exchange, the blames has over time been attributed to the bounty hunters and sometimes to early investors that received certain bonuses.
Do you think 40% bonus for early investors is too much and capable of crashing token price?
The fact of the matter is that from 1% to 10% is allocated to the bounty, depending on the project, and early investors get the opportunity to buy tokens with a 40% discount, and sometimes more. And so, when the moment comes when the token or coin comes out on the exchanges, the first who sells them are the early investors and various funds. And as you rightly noted, only bounty participants are accused of falling prices. This is not fair, and I have already written about this many times. It is very bad that in this way admins of crypto projects deceive their ordinary users and ordinary investors. |
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Litecoin dipped under $40 a few days ago, I am looking for prices under $30 to buy more. I could buy maybe a couple hundred LTC, depending on the price.
If you look at the price of LTC in 2017, then it was in the region of 358 USD for 1 LTC, now the price is 1 LTC = 40 USD. I believe that now is a good opportunity to buy LTC. Of course you would like to buy at 30 USD for 1 LTC, but not the fact that such a price will already be. The main thing here is to have a clear plan by which you will act. On the one hand, you see a good price for LTC, but would like lower, on the other hand, you can miss this opportunity if the price no longer goes down and goes up by a turn. I believe that here you must decide how to act. |
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summer will pass and 2020 will come soon.
while the market is still below and cryptoqurrency prices are cheap, then how do you prepare for the coming year?
I personally have added some bitcoin and altcoin.
I believe if half of the bitcoin is reduced, there is still hope for the crypto market, especially for the price of altcoin.
How about you?
Unfortunately, I do not have extra money to buy BTC or top altcoins, but I decided to go the other way. I earn tokens of various crypto projects and I hope that the most promising of them should show good growth, which means I can make money on it. But if I have the opportunity, then I will definitely buy ETH and LTC. This is my strategy, and most likely already in 2020 we are waiting for improvements in the cryptocurrency market. |
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It’s a well known fact in the crypto market that altcoins typically have their bull market moment after bitcoin has finished its course. With BTC dominance breaking above 60% for the first time in 2 years, it certainly seems like the time is coming for altcoins to enjoy new highs. It's about time for altcoins to shine!! You may want to read this blog from kucoin about altseason https://kucoinblog.com/what-is-altseason-and-bitcoin-dominance-btctkThank you for the article. I already wrote once that altcoins are vital for the life of BTC and that they are needed for the development of the crypto market and the increase in the price of BTC. At the moment, we can see that the BTC dominance has grown again, which means that for the time being the altcoin season has been postponed. I believe that we will not see any special movements at the end of 2019, but 2020 should be full of events in the crypto sphere. |
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