I'm very surprised that you saw the market fall only on June 22, 2018. After all, the market has been falling for several months)). Some people have even stopped panic about it and you are just starting out. I recommend that you to be calm, because the fall will end soon.
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I think that the crypto currency wont be banned. The governments of most countries are positive about the crypto currency and passed laws that the crypto currency is allowed at the legislative level. And I'm sure that this trend will continue in the coming years.
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I'm positive about this coin and this project as a whole, but I don't keep this coin now. In fact, I now avoid the long-term strategy at all. But I will definitely buy this coin as soon as I understand that the market has passed the bottom.
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I think that most altcoins will go up after such a strong fall that we see now. But if we talk about the global increase of altcoins price, then I also believe in this. It seems to me that the crypto will become very popular and expensive in 2-3 years and many fake alts will die.
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Altcoins always go up very quickly and also fall quickly as well. They are very sensitive to market changes. That is why it is very dangerous to keep your capital in altcoins during a strong market drop.
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It seems to me that the author of this post is not entirely right, I believe that it is at bitcoin has a chance to survive and remain in demand for many more years, while the rest of the crypto currencies can disappear in the next 2-3 years, without finding a practical application!
It's totally correct! Everyone makes independent decisions in the investment world. If you are disappointed with the crypto, you can invest in something else. But I'm a crypto enthusiast and therefore I believe that investing in the most advanced alts and BTC will bring me a good profit in a few years.
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Although the altcoin is dependent on bitcoin, now the altcoin is more suitable for investment, because the profit margin is bigger, the current BTC price is too high, and the growth rate is too slow, BTC is more suitable for long-term holding!
I think so too. Now we have a very difficult situation on the market. A long-term holding of many coins can lead to losses. But I think that most alts will be very expensive in a few years. That's why you should be ready for holding your crypto for a few years.
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Risk management skill is the most important skill that you must master before you come to trade. You will get big losses if you do not know how to manage risks. You will lose interest in crypto. I think that you have already learned the most important investment rule ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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I'm not really worried about the fall of this coin. I'm confident that this is a very strong and reliable project and after any decline there will be a good growth. In addition, I heard that the development team of this project is preparing very good updates which they are going to implement at the end of the summer.
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Oh yes, today-yesterday bitсoin fell below 6000 dollars. For many people this was a blow. I didn't see big volumes at a time when the price was at current low around 5780. This means that whales didn't get in yet. So it's obviously that they are waiting for a more suitable moment.
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No, the market is in a falling trend now and there is no reason why the market can turn around. I think we need to have patience, because the market will not grow in the near future. Try to study margin trading. Today is the suitable time for it.
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It seems to me that the answer is obvious. If the market goes up then LTC will also go up. This coin reacts sharply to any change in the price of bitcoin. In long term I believe in good growth, but now I wait for another dump...
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I invest in crypto not just to save my capital, but in order to get profit from it. The bank will not give me as much profit as bitcoin and alts. But I'm aware of the fact that investing in banks is much more reliable than investing in a crypto currency. But the upcoming crysis can destroy band system and there is a high possibility that you'll never get your money back from a bank.
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Altcoins have so many legal problems and BTC dependency is nothing in comparison to them)) These problems will be solved with time and many alts will die eventually. After all, this industry is very young and is at the development stage. Most probably exchanges will open more and more trading pairs in relation to USD and alts will become more independent from bitcoin in future.
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I think they create their own coins cause of money, they create project and used coins of their project so they can earn more, if the investor used their coin. Some of them legit but others scam so be careful to buy new coins.
Many coins were created for fun. For example, how long dead Putin, Stalin, Lenin and other tokens, with well-known names. Others tried to carry out their projects for good luck. Legit teams create their own project in order to introduce the crypto currency into some new sphere of life, to make people's lives better. But there are 99% of people who create their own project in order to raise money and disappear. I'm sure that there will be regulations soon and it would be out of real law.
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Of cource you have most probably already invested, but if not - don't invest now. Just keep that money and watch the market. I guess we will have a better investment opportunity soon. The market continues to fall and coins continue to become cheaper. Now it is very reasonable to stay in USD.
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Usually I sell a part of the received tokens at once and keep the rest for long-term storage. I have been using this strategy for a very long time and it protects me from significant losses. But you must remember that HODL in a falling market can be very dangerous. So now I sell around 70-90% at the very beginning.
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I also use ETH for investing and participating in various ICOs. I believe in this project and that this coin can become more expensive several times this year and investing in ЕТН as one of the most reliable investments now.
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Yes, panic is our worst enemy in the world of trading and investments whatever crypto or not. We should not panic, because this can lead us to the wrong decision and losses. At a time when newbies panic and sell coins, professional traders make huge profit.
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Very interesting question. A few months ago I would say no. But now, I'm looking at CMC and understand that there is huge probability to fall much lower. It seems to me that whales don't mind to dump the price of ETH to such a low level.
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