what i do when btc price falls is i buy an alternative coin that i believe i would be able to profit when price of Bitcoin rise. It is still a gamble but it is better to do something than just watching for the price of Bitcoin. It makes me avoid getting paranoid and getting panic to sell my Bitcoin at a price where i will lose a lot.
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Btctalk name BossMacko Rank Hero Member BTC Address 3Dvt2Nr5h6ossH4ryypcP7nj9HaF3AZVGU Wear Appropriate Signature Yes Wear Personal Text: Yes
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Its hard to do both especially if you are into trading because the chance you'll miss a pump is high especially if you are a swing trader. So for me i would choose full time job because you'll have a stable income.
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It is just not your lucky pick that is why you see all coins are scam. There are lots of ways to check if a coin is a scam or not project, community supporters, team lineup, office address if legit and if the product is legit or not. With those you will be able to see if they are scam or not so before investing your hard earned money make sure to do a research first.
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Maybe in your perception its useless but for some of us that was able to change the life because of Bitcoin and like me who is still using Bitcoin til now because there is a website that we can use where we can buy prepaid load, pay bills monthly using Bitcoin. So it is still useful for us for lots of reason.
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I choose ICO depending on the projects product if it will become usable among many if it is then next thing i do is to check the team involve on the project if they are trustworthy and real person who have different achievements in life. With thise factor i am certain that one ICO will become successful and i will surely invest on them.
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Not every altcoin rise whenever Bitcoin price fall. On my experience what i see every dip in Bitcoin most altcoins are also falling. I think the reason is because Bitcoin is use by most alt coin for pairing in exchange.
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I wouldnt say its normal usually bounty rewards are given after ICO and bounty ends also after ICO. But, it all depends on the rules of the bounty that you are joining as for me i haven't experience that long yet. I usually receive mine less than 3months as per the rule says before i join a bounty.
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Lose some hate with Bitcoin. I think the reason why people are dissappointed with Bitcoin is because they bought at higher price and its taking them too long to breakeven or get a profit. I wouldnt say that Bitcoin failed as a currency because i am literally using Bitcoin to buy mobile prepaid, steam games and keys, top up in garena, pay my bills monthly and i can also enroll my kids using Bitcoin directly the web without hassle.
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Its not rapidly going down it hits some point then eventually pump then some will dump again and buy in a lower price. Keeps happening every time but price still good. Go with the flow if you want to profit.
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#Joined Daox Airdrop Telegram: @mmackoo Twitter: @m_macko_o
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For us to make sure that our money is safe when we are investing we need to be more careful in the company. It is our responsible in choosing the Company that you think will not scam you once you invest. Check company address if legit, Check the teams behind the company if they are real and if they have the skills to achieve their goal.
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As a newbie, I should know the risk point of investment in cryptocurrency. Could you please share your views so that I can gather some knowledge about the risk factors?? Thanks in advance.
Since you know how the word Investing does then you should know that there is a chance that your investment will fail. It will depend in your judgement on how you see coins/tokens/icos before investing. Always risk what you can afford only.
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I dont believe price will move to 20k again this year my reason is because money are being distributed to different coins or tokens because there are lots of good projects that was been released. The volume of Bitcoin is low compared last year and there are no major developments and Hard forks that can make prices up again. Like me i am not adding any more Bitcoin in my cold storage and i am just playing with other coins.
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Lots of people are getting scammed because they thought they will gain profit by investing in some ICO or new projects. Problem is they dont do lots of research first before investing. If i will be investing in some project i will make sure that the team is legit and they already had lots of successful project. That being said the chance of getting scammed is decrease. Too lessen the feeling when getting scammed make sure that you invest what you can afford to lose, we will never know what will happen to our money once we invested it.
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There are 2 coins i have in mind and was able to invest and i think you will gain lots of profit in the future. Try Banca and Soferox coin. Banca will list another exchange in the coming few weeks and they will release their CoinAI on may 31 so i suggest while price is still too low buy or accumulate as much as you can right now. You can buy it in hitbtc.com remember in case of worst case scenario always invest what you can afford to lose.
2nd coin Soferox coin or SFX they are about to launch another wallet which can be used by everyone not only alpha tester along with the new wallet expect it to be listed in an exchange, so while its not in the exchange yet i suggest you buy or mine your sfx. You can find info about peer to peer trade and mining in forum.soferox.com
Goodluck and Happy Earning. Thank me in the future.
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One thing we can do is not to participate in ICO, bounty or airdrop that requires KYC. The reason is that we wouldnt be able to assure that they are not scam because they are all getting expert in getting customers and investors. I've already stopped joining and trying to get free stuff because i am afraid that they might stole my identity and use it for fraud.
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Well i think the reason why they are selling immediately is because they want a quick profit of course most of them regret it selling early because some coins price really going higher than the price when it was first listed in an exchange. But some also buy back the same coin once they know it has a potential and price are lower than ICO.
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base on the movement of Bitcoin in the chart the chance of getting the price to 20k usd again is very low. We need lots of good news or new investor or new hard forks again to break the resistance. However, we are talking about cryptocurrency there will always be a chance that price will jump a lot like last year.
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There are lots of forks happened with Bitcoin and each fork and some other coins has the possibility of becoming the next Bitcoin. Time will tell to what coin will become the next Bitcoin and if you are holding that coin in the future you will be very lucky.
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