I believe in the cryptocurrency market and believe in its huge potential. Though now and not the best times in the market. But experienced investors understand that this is only a correction of the market, which is a consequence of the significant growth of the market before! But I think that many newcomers now need support. I wish us all patience! Soon we will see a new wave of growth, there is very little!!! For those who are quite sad reminded that " those who in 2013 and 2014 believed in the basic cryptocurrency ideas and invested very little in crypto-coins, then, a few years later, became super-rich»
Every one of us finds comfort on early investors who made a huge profit when the market is in bearish, and this is how you actually make money from cryptocurrency it's like forex, you buy low then sell high, you enter at the right time and also exit at the right time thats how early investors made their money.
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Market is fluctuating today a lot . But I hope it will not continue. So I am applying HODL at this moment. What is your policy at this current market volatility?
Hodl and sell, Hodl that I think will stay at this even at this bearish period and sell those coins that has no development and future development, it's hard not sell some of your coin you do not want to lose your investment, even if you got that coins on bounty you do not want to be the one to sell last.
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I want to buy some ETH more, but the market is too bleak. What should I do?
It's been two weeks I hope you bought Eth so I can congratulate you on your decision, Bitcoin and majority of the altcoins are on the comeback again after months of being bearish and everybody is hoping this is a start of something huge for all of us as we head to the forth of the year, the best quarter of the cryptocurrency.
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Found some technical analysis taken on ethereum and with the report, it is looking real good as it seems ETH has prepared to take on the train and prove itself once more that it is th king of alts. Well, lets hope the TA becomes real and we see our dearly ETH come up once again.
Right now it's to early to tell the price right now as I'm posting this just got into the $7 k level, after months of staying in the $6000 k level. we still have to see how everything goes next month and onwards, but we have to prepare for the best thing by storing more profitable coins in the market and Ethereum is one of this.
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Last year in early december I bought eBitcoin token which turned out to be a scam. Luckily for me I sold them before the ePRX snapshot but alot others have made losses. I really believed this token would be a succes but I've realized that alot of these ERC20 tokens have the same things in common. The devs (or better said scammers) create alot of hype and pretend their token to be the real deal while they never intended to create a working product. I've thought about investing in tokens like Credits and Elixir but I'm afraid they are all the same kind of scam.
Do you trust them?
Credits is a good investment check their official thread to see how the support grows and how the developers update their supporters and investors so you can proceed to invest in Credits you will not regret it, and be sure to know the tokens that you are investing with so many scams going on we never know we have already invested on a fake one.
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If Bitcoin's the man of the cryptoworld then all other currencies are his bitches. So why don't we call them bitchcoins instead of alt coins ? I cannot I happen to invest in some altcoins that proved to be profitable and long-term some altcoins do have a good roadmap and platform and they are well adopted by the community, so we cannot call it such name, I'm sure you also invested in these altcoins, no investors only invest in other coins because it's profitable in the end.
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Are you picky with ICOs?
There was a time when all ICO are profitable but not anymore, scammers have turned ICO into a nightmare, so many scam project and bogus developers now, that every investors and bounty hunters is going to lose in the end if he is not that picky when it comes to investing and promoting ICO now.
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Hello. I want to hear your opinion. Cryptocurrency is a bubble? How long will it last? Is it worth continuing to invest in it?
One of the proofs we have is this active community, people are posting here almost every seconds to show you that cryptocurrency and Bitcoin are very much alive, you just have to open your eyes so you can see the volume and the many news about cryptocurrency and Bitcoin.
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What's the general feeling about some of the altcoins that have dropped in value considerably such as TRON, district0x, Cardano and SiberianChervonets. I've been HODLing these for a while hoping they will recover but their value seems to be getting even lower. With new coins being launched daily, is it likely that these will ever recover?
Everything is hanging on the approval of SEC but let's see I don't see much impact on it, there are still people who do not believe on these top coins although they have shown that they are improving and they keep updating their roadmap, I guess it's the uncertainty of the market people had a wait and see attitude now.
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Now the mainstream currency, BTC-ETH, has the upper hand, and they have the strength and technology, but the future is likely to be a new project to replace them more mature and more comprehensive. What do you think it would be?
It's just a wishful thinking on your part, why not name those that will likely replace Bitcoin and Ethereum, until now there is no thread they are still the best two coins on the market now, it will take a very good technology and a top notch marketing to be able to beat Bitcoin and ethereum and replace them at their position.
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I haven't tried Idex but I read that you need to enter your private key here with the help of Metamask, they are quite different but I hope there is a room for improvement for this exchange, it's the easiest way to get your token here because the application is not that hard to compare to other big exchanges.
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This really what I keep on asking myself since we all know that cryptocurrency dominates the bank as time pass by. I wonder will it result to total collapse of bank industry?
Feel free to drop your comments here.thanks
Honestly, I don't want that to happen I still trust the banking system, so many business and people depend on the banking industry, they have been here for hundreds of years, they can co-exist but each one should not have a conflict with each other we can have both sides on the winning side.
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So when will this prediction come true, since Ethereum's creation they become a threat but until now they are still a threat, based on current market price on each coin it's still profitable to invest on Bitcoin than Ethereum, in fact so many people are having problems because of Ethereum's continuous drop in price.
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Gave you a merit for a good analysis, if Bitcoin is a bubble then it should have burst long ago, but we still a lot of good updates until now, the recent one is the coming ETF approval, hopefully, they will approve so this fuds will stop once and for all and we can move further.
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As a newbie, which is the best to do; To invest(earn) or to Learn(for how long)?
Of course, learn and learn try to learn as much as you know about cryptocurrency issues and security for at least six months, because how can you invest if you know what to look for a good project if you do not understand how the coin you have invested works and what it is for so learn first because knowledge is still power.
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Are Airdrops and Bounties really leading to a successful coin? There are so many out there this time. Or are they mostly shitcoins, disappear or using your emails for phishing? Have you ever participate to one with high profit? How long was wait for that? I think most of them are just bullshit and time wasting and not worth putting some effort in.
It's really is disappointing to participate in a months-long campaign only to get the campaign paused this is the risk if the campaign did not reach the softcap participating in a campaign is like a gambling you never know how will it turn out, so better double check if the project will be useful in the community.
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Hello everybody!
Even though China has banned ICO’s, Chinese residents continue to participate and register money where it is actually legal. So do you think the “ban” is forever or are they going to drop the bans initially?
They banned it to protect their people from investing from these fake ICO, but once the industry has some form of regulation or they are assured that their people will not lose money from investing from these ICO's they are going to lift it, they are a strong and major player in the cryptocurrency.
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I want to know about mining vs trading topic. Many people saying that mining is the safest source of earning some coin. On the contrary, some other people say that trading is the best source of earning money. As a newbie, I am a bit confused about that. Which one is safe to do you think?
Both are not sage and not easy, these two methods are not easy to learn if it is all of us would have done trading and mining you can do trading but it would take ample time to learn and master but you do not have to spend a lot of money compare when you are setting a mining rigs and there are a lot of cost and do not guaranty quick profit at all.
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Hello everyone. I want to invest some money. I have saved around 600 USD. Now I want to invest in. Ethereum looks like that, it will be a good place to invest some money. What do you think? If I invest my 600 USD into Ethereum, can I able to make some profit? Or there is a possibility that, I might lose everything? Please advice and suggest me.
Anywhere you look at it, blow $300 is the best price to buy Bitcoin it could double the price once Bitcoin is approved by Sec because the price of Ethereum always follow the price of Bitcoin, it's the most popular token creation in the market, ahead of its competitors.
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Central bank Governor of Spain has told the cryptos bring more risk than the benefits to get. but I believe on more risk more gain theory. If you can not trust crypto, you will not be able to see its value. Risk is associated with all kinda business. It just has to be calculated properly that which one would be profitable for you.
please share your thoughts in favor of mine statement or against.
If you will just invest in any coin without studying what coin and how much you are going to invest you are really going to lose, it is very important to first do a research and study the structure of a good Ico before you invest on it, I'm still holding coins that are very low right now but I see it's potential in the market in the future.
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