This is a tough question but Crypto space will definitely look good with time, it's true we have had couple if challenges regarding market and also had issues with scammers but I am certain Crypto space will definitely look so amazing very soon. Let's keep pushing and be positive as things will turn out good. Bitcoin halving should also improve the market
Hopefully 5-10 years from now, crypto space will be composed only of potential altcoins and bitcoin that will definitely survive in the market. Many dead altcoins will now be gone already and those scammers cannot enter the crypto market anymore. Crypto community will not be as huge as today but in this way, we can be more comfortable of our crypto coins and despite of its volatility, we can still be profitable once these crypto coins start to pump. |
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After reading few posts on this forum today I became confused because and I decide to let it out to get answers in return, is it possible for altcoins to grow (altcoin season) without Bitcoin? I'm not talking about pumps like if a coin get burned off it's max supply or if listed on binance and other top exchanges, I'm talking about every altcoins surging on their own without Bitcoin taking the first step...
Share your thoughts, I would love to hear you out
Yes it's possible, there is a reason why it is called altcoin season and that is, it is the time when altcoins surge in price. During this season, it means people are now buying more of altcoins than Bitcoin hence the reason for its price surge, in the same way, altcoins can surge together with Bitcoin. Also, it is important to know that, at this level or growth of this space, when altcoin season sets in, it will be for selected altcoins; that is, altcoins which are worth it, altcoins which already have working products and so on. So while clamouring for altcoin season, ensure to hold good coins. There are really chances that altcoins will grow on their own but most of the time, bitcoin grow first before altcoins. We need bitcoin halving first for bitcoin to pump and it will be followed by altcoins to pump. And having said that, not all altcoins will surely gow this time but only those potential altcoins that have high chances to grow their value and left are those dead coins that will never pump anymore. |
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Nothing is really happening at this time. All I'm doing is waiting for the market to recover and from there we can see activities going on.
Yes, but it would be far better if you want to buy some good Altcoin while waiting for the market to recover, because that is often done by many traders to make a profit in their spare time, or when the market is bad. If you have funds left, then you can afford to buy some potential altcoins at the moment. But if you are still in the earning process, try to participate in good signature campaigns wherein majority of us here are into it. It's good not to waste your time doing nothing because you won't really make profits just by sitting alone. |
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I think one month later this crisis will ended and have chance how to get recovery with bitcoin and altcoin back to higher price after corona virus end, many countries have working hard to stop corona virus and get the best for their country. Many way have try by government how to stop this virus and take back world.
I believe all countries in the world are struggling hard to find solution to this pandemic virus and up to the present, there is still no definite vaccine to treat this corona virus. Japan may have discovered treatment for this but they are still developing on it. So we cannot tell exactly when will this global crisis end as we are still facing tough times at the present. |
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We live in a crazy world, people always want to take the least opportunity to capitalise on the popularity of any event or phenomenon just like how people are taking advantage of the corona virus pandemic. Funny enough, should the pandemic end anytime soon at least this new coin can act as a souvenir for posterity sake.
What else do we expect? This corona virus coin will definitely come to an end once this corona virus pandemic will be over. It's very funny thinking how this corona virus coin was made just because of the global scenario we are facing right now. I don't think this idea is good and even if i have excess funds, i don't have plans to buy even a single coin of this. |
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it must, if you save crypto assets that do not have a price development then it is better to sell then replace with another top crypto. right now I still keep some of the top altcoins and would rather wait until the market fully recovers and the price of crypto returns significantly.
The market is still in a recovery phase so there are still chances to buy more potential altcoins and bitcoin that will surely grow from long term holding. If we have hold altcoins already, i guess holding it even more will not make us lose so better not to sell them today. |
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I think many benefit if bitcoin become legal transaction and government give space for bitcoin become legal transaction, will have transparent system payment if using bitcoin and keep away from with corruption if government use bitcoin as their payment in every sector.
This may take more long years to go before bitcoin will be fully recognized by all countries and be supported by government. For now, we are all facing tough times due to covid-19 so this is the time for the government to help us and give us food and financial assistance so we can cater to our basic needs. The government has its own fund for emergency cases like this so they should do their part for us. |
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You are right for now. I prefer to hold fiat money and invest some in gold and land. because now I prefer investing in something real, not in crypto where the situation is unpredictable
The world is having a financial crisis worldwide so all we have to do is to save first our fiat and use it only once emergency cases arise. Investors should be very careful in those investments they want to enter particularly in crypto since this is very volatile and has always chances that crypto coins will lower its value while we are still facing this pandemic disease. |
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Bounties? Anyone think this year is going to be profitable for bounties?
I don't think so especially in the economic crisis all over the world due to pandemic spread.
If you keep on searching for good projects, then there are still chances that you will end up making profits in bounties. But what i am enjoying today is participating in signature campaigns. The profit may be quite low compared before but it has still gave me a decent income. |
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You did a big mistake by converting Bitcoin into some altcoins! If you had a strong faith in Bitcoin, then you could make good money as Bitcoin price went to almost 14K USD in 2019! However, forget the past, if you still holding those altcoins, then holding them for a couple of months more. Because after the coronavirus outbreak ends, we can see a good boost in the crypto market which will boost your altcoins too! So, wait for that. Good Luck!
Yes. There's no use of bringing your mistakes into the present time because it will only disappoint you and lose your focus on your current investment. That was really a big mistake but what is important is you learned from it. Who knows? You can still make profits from your altcoins in the next few months if bull run will come into reality. |
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For now I barely have some crypto as it's not a good time to be invested in everything no matter if it is a cryptocurrency or some stocks...you need cash right now and only cash. Yea for those who are being rich, you can do whatever you want with your money and if you think its a good idea to hold and buy cryptos, go for it but some of us don't have any cash to spare in this moments.
We are currently experiencing financial crisis due to covid 19 so i also don't have enough capital for new investments. I still hold bitcoin and ethereum and maybe i will be doing this for a lifetime as long as crypto is here. It's good to invest in some new potential coins but i'm afraid if they will only turn out into dead coins in the end so i just focus in bitcoin and ethereum which are mostly trusted by most people. |
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Now you can still earn money by participating in bounty companies but you should not rely on a big profit, you can also participate in adrops, but without a referral network it will be very difficult to earn something, also, if you have skills in trading, then trading also generates income.
You can't participate in bounty campaigns yet because you're still a newbie so you have to take your time to keep learning the crypto market and study how the coins work. Trading is a good option to make an income but it requires more knowledge and skills so you won't just trade for losses but to make profits at the end of the day. |
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^^, Yes, US and Italy are now the new ground zero, not very good, China has somewhat control the spread of the virus, while US are rising very fast and there have been high profile personalities and athletes getting infected.
That's correct, and it seems like China have already found the solution to this pandemic, they are asking the US to talk to them, hopefully Trump would seek help from China and forget about the war just to save the humanity. https://www.channelnewsasia.com/news/asia/xi-tells-trump-china-us-must-unite-to-fight-coronavirus-12582860?cid=FBcnaBEIJING: Chinese President Xi Jinping told US President Donald Trump during a phone call on Friday (Mar 27) that he hopes the United States will take substantive action to improve bilateral ties, China's foreign ministry said.
Xi also told Trump that cooperation between their countries was the only correct choice and China was willing to support the United States in dealing with the coronavirus, according to an account of the conversation published by the Chinese ministry. |
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All of that are already present, and I think every gambler should be aware of the good side and the bad side.
Now, it's up to us on how to handle ourselves, gambling responsibly and you'll enjoy the good side, or be irresponsible and you'll regret the outcome.
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Another bad news from the NBA, KAT is now also infected, why is it most NBA stars were getting infected by the virus?
With this new cases in the organization, I doubt the management would still push to resume the season soon.
Ouch. The infection is increasing. Contact tracing will be the key to know how they go it but it's difficult to implement it. There is no confirmation yet that KAT was also infected, it was the mother that was infected according to the news. Karl-Anthony Towns: Mother in coma; Wolves confirm COVID-19 diagnosisAs of now there is no news yet adding on the NBA players that was already infected with the virus, but unfortunately now US surpass China in terms of number of cases of COVID-19.  https://coronavirus.jhu.edu/map.html |
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It is consistently the situation when BTC siphon. Everything follows particularly those significant coins that completely shut, for example, ethereum and ripple.
In any case, at some point a coin increases in value for some unique reason, for example, what we've seen on Steemit Platform which will have a fork and obviously individuals needed to exploit this occasion
It's always been the scenario that when btc pumps, ethereum will follow too. The market is already making a slight increase today so hopefully this will continue to surge even after this pandemic virus is over. Ethereum may dump again but it will still recover once we see btc is pumping. |
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I do not totally agree with you, there are many countries which are yet to understand what blockchain holds let alone using it to fight this pandemic. However, people are buying crypto but not as much as before neither are they buying to use for purchase of goods and services. On the other hand, I think people are holding more of fiat so as to be able to buy the things the need, stock their stores etc as the stay at home while following the government's orders; perhaps that might be the reason why the crypto market is still struggling.
Yes. With the current corona virus outbreak, people are wanting more fiat so they can buy their own necessities even if they only stay at home. Only few of the people are into crypto buying right now because majority are still earning more fiat so they can cater to all their needs. Hopefully once this pandemic will be over, massive pumps will also happen in crypto. |
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Bitcoin has a risk, and that is about the volatility of the price. But we can reduce the risk by searching for information about what will happen to bitcoin. Although we cannot know for sure, at least, we can make some strategy if bitcoin is not moving as what we think. If people can learn more about bitcoin, and they can gather much information, I am sure that they will not confuse, they can stay calm when bitcoin move to one point level price. But yes, bitcoin still unpredicted and we don't know how much bitcoin price will increase or decrease, so we need to be ready for any possibilities.
Bitcoin has always been risky ever since and no one can changed that but we can can manage to reduce the risk if we really want it too. I guess all investments have its own risks. But with bitcoin, if we start learning all its basics, gathering vast knowledge about how it works, then we will have an assurance that it will give us profits in the end. |
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even if the bonus is fair, it does not make an investment as true. however, always do research on the project concerned, even about the identity of the management or CEO of the project. many things need to be determined before investing. however, the right profit is not a benchmark. we need to be smart investors to avoid it all.
Yes. Scammers nowadays are already smart enough not to be very obvious to their victims and this is the reason why a thorough research is still a must especially if we put money in it. 2% imo is already big enough to any company that will offer such amount. It's better to always do a research first so we will not be lured with scammers anymore. |
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In everything we plan to do or aim for, the foundation is very important, in fact it's what will determine the future of every projects and the right foundation is the TEAM, this is all a project needs to reach a better height, others like partnerships is just a plus, professionalism of the team is the most important in crypto space
Bounty hunters are doing their best to promote the project the best way they can but i think it's still not the best way to attract investors because the biggest factor that will possibly do it is the team itself. The staff behind the project should be more creative and skilled enough because they should be more responsible for the success of the project rather than giving it all to the bounty hunters. |
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