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You cannot really tell this right now because overall the market is down. So you cannot specify that ETH is dead because all of the market is dying. Let the market recover, and if ETH is left behind, then you can say that ETH is dying. But I think it is still very much healthy. It still have a billion dollar volume in trading so pretty much alive.
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From my reading it seems that day trading involves moving in and out of trades quickly - how much would you need to be investing to make this worthwhile? Over the last couple of months, things seem to be moving rather slowly?
You will need bigger capital to make big profits in day trading. But you could start small, say a thousand dollars. It can earn small profits everyday if you are good. Grow your funds steadily if you want to start small, don't take profit yet. If your funds is bigger, the profit is better, then you can take your profits off daily. Day trading can be tough and you may incur some losses, so be prepared for that if you really want to do it. |
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For having a 20 billion supply? I doubt they will easily get pump with that huge one, But if PCL dev burn their supply and circulates only maybe an half or little billions of it maybe we could see the PCL pump harder. But lets wait for the dev on how he deal with this huge supply of him.
Its quite true, the supply is really high. I am hodling this token since 2017, I think I received it as an airdrop. Nothing much have happened since then, I hope it is a better year now. We need more updates and faster development. With the number of supply, the devs need to be active and delivering to push the price up. |
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It is very exciting to me. New developments are happening and there are new projects always. I do not think it is lacking of new ideas at the moment. From gambling, to banking, to ai to 3d innovations and applications, I think it is very exciting.
And in the way of earning in cryptosphere, it is more exciting. Speculating alone can get you going for hours.
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Mostly only newbies do that, that is a hard lesson to learn but very valuable if they get it. Most newbies ride the hype and buy at the top. And when the price slides down, they panic sell. I learned it the hard way as well on other alt coins I am invested and trading. But newbies learn and get the hang of it, not all of them though. Hope next time there is a pump, the newbies today know what to do by then.
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This is basically the same story of bitcoin and maybe any other top altcoins. If a coin is pumping, everybody rejoices and buying lambo. When it is dumping, fudders are saying all bad things like death and everything. If you believe in the technology, bear all of it and hodl. How many "bitcoin is dead" thread do you think there is already?
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I also have some investments in stocks and mutual funds and I say my bitcoin and altcoin investments are doing better than those. It is good to have some experience in doing stocks for investments and in forex for day trading altcoins. This is also a good activities for the young so they can have knowledge on how to handle their finances and not just spend their money on useless gadgets and stuffs.
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Also some ICO owners is not really knowledgeable in how crypto works or how to handle cryptos. They have good, real business with good use case but the pressure in crypto community like exchanges and everything they cannot handle. I have seen a few ICO that cannot handle those pressure.
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What is your goal here? Is it for long term investment or you want to use money for day trading. If it is long term investment or just hodling, ethereum is fine. It is a good coin and you will probably profit from it long term. If you want to do some trading on the side, choose some low price, high volume coins to trade.
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Tell us what was your activities with your mew so we can at least guess what got your mew compromised.There are lots of ways your private keys could have been compromised like you signing in an airdrop and accidentally giving private keys instead of address or your computer was hacked. Did you log in using links from phising emails?
There is nothing you can do with the address now that it is compromised. It is better to move all your funds to a new wallet and do a better security on the new one.
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Right now I love bitcoin from 2106 till now and currently I'm in college but by playing bitcoin I can make a lot of money what should I do? I prefer to play bitcoin instead of college. I also realize that bitcoin will not last forever therefore I want to take advantage when bitcoin still exists.
Studying is boring and making money is better but you have to look at the long term here. Education can give you good opportunities, maybe even better than what you are getting now with bitcoin. And you don't have to sacrifice one since you can do both if you just manage your time well. |
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Ever since they had a new ceo and their domain got attacked, etherdelta had a downward spiral. I stopped trading in that exchange since then. I do not want to connect my eth address and risk my tokens and eth. If ever you want to trade in there, I suggest you transfer your tokens to an alternate address so that if it gets hack again, your main address is not compromised.
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My long term investment is quite good as well. I am not an early adopter but I did start at 2015 when the price is just above 250$. Even now that the price is bearish since it hits the new ATH, I still have a very large profit. Bitcoin for me is a good investment, and I am happy I endured all those ups and downs in prices and hodl.
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Atleast January 9th this year, my crypto investment was $50,000. I checked it today and it has dropped low to $9860.
I am very sad.
Please is there any chance the market will recover and i will get my $50,000 back?
It depends on what coin you invested in. I am quite sure you did not invest in major coins because the price dropped only about 50% but your portfolio dropped way more. If it is shitcoin, even if the market recovers, yours may not. But if you have some top coins in your portfolio, then I am sure those may recover in the future. |
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Bitcoin keep on falling down and no sign of raising. How long can we keep holding?
Hodl as long as you can. If you trust the technology behind bitcoin, you will be able to endure this slight hiccups in the price. Early adopters have endured more than this and look where it got them now. Bitcoin is good and we can expect a higher price than this in the future. |
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Everything is down, from bitcoin to any altcoin there is. If you consider your coin to have a future and that it will be very valuable in the future, then it is a buy zone for your coin, not just ethereum. Do not rely in its history alone or that it reached a certain amount before. Past performance of a coin does not guarantee that it will perform the same in the future.
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we know all the bitcoin has 21 million coins suply, will bitcoin be a valuable antiquity when it reaches 21 million coins or it will be the obsolete item that will be in its enthusiasts, what do you think?
Bitcoin have a great use cases so I do not think it will become obsolete. And even if all 21 millions is mined, it will still continue to exist and will still be very useful as store of value and as a currency. |
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There are many problems with centralization. For example, central Banks can print money and plunder your wealth without your consent. Your money in the bank is not actually your money, but the bank's liabilities to you. You don't always get your money out of the bank. It's possible that the bank will only allow you to withdraw 60 euros a day, and it may even force you to confiscate your deposits. Private property is sacrosanct, but people can't help it. In the BTC, these bad things will no longer exist. BTC is a monetary system that is completely out of the bank and only runs on the Internet. Even the law enforcement agencies cannot seize or confiscate BTC. The BTC network cannot be blocked unless the Internet is completely shut down.
In the BTC system, you can really control your money, not indirectly through the bank. BTC has used technology for the first time in human history to ensure that private property is sacrosanct.
yeah i agree with you but problem is if you storing your money thru bitcoin if you need that money you still need a bank to convert to fiat because not all merchant are accepting bitcoin unless you wait that every merchant are accpeting bitcoin. Acceptance will come after more will acknowledge the benefits of having bitcoin and other cryptocurrency. It is still a very young technology and most are still hesitant to risk their money on bitcoin or any other crypto. But that will be solved over time and soon time will come that we can spend bitcoin or crypto as freely as we spend fiat. |
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What do you all think about a strategy of just investing a little bit in each of the top 100 coins, in hopes that one takes off? Seems like downside risk would be minimal.
Diversification is a way to minimize the risk by putting your money on different places. But make sure that you have a considerable amount on each instrument or coin. This is just to make sure that profit if ever there is enough to cover fees and other expenses incurred. |
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