Do you still hold coins and wait for them to grow?
I trade every day and make a profit. I can make a few in one day. For a month, it turns out about 100%
Why sit and hodl coin?
If you do some profit now, it doesn't mean it will work the same forever. Crypto is very volatile, so at some point you might lose money, as well. However, some people are just not good at trading and for them holding is definitely a better option. |
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There is one thing I have realized from my experience with KYC for bounties. Almost all the projects I have provided my personal information to them failed to even get listed on exchanges and the project dies off. Surprisingly, those that didn't require KYC paid me and the project is truly developing. My point is, am beginning to think those project requesting hunters to go through KYC are just in for their information to trade and do not have any intentions to develop their crypto project so let's be vigilant about whom we carelessly give our details to, for some peanuts...May God bless our hustle
No offense, but you picked up by your own the projects you considered good options to invest at least your time. I participated into a lot of bounties, many have required KYC, but some of them paid really well. You should just be more careful when choosing the projects. It has nothing to do with KYC. |
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Jus bought in alt coins. Mostly dapp coins. I have a bunch of them. And a little less in Bitcoin. At this point I can handle the losses of alts. Hopefully it doesnt go 160% losses.
Here's a few to list
Neo. Ada. Xlm. Bch. Eth. Skycoin. Strat. Lisk waves, nuls, gxchain, Komodo , etc, qtum, Tron , Eos . Ox, ontology, pivx , zilliqa, and metaverse etp.
Year 2019 will be another bear market? Hopefully not.
update
changing my alt coins. to eos, xlm, trx, eth, bch, bsv, waves, metaverse etp, skycoin, bnb, zil
I think you're focusing on too many alts and this will make a bit difficult monitoring them properly. I would rather pick no more than 3-4 alts and keep also a half of the funds in Bitcoin, as if bear market will come back, this would be a safer option. |
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Network lightning will be a game changer after a mass adoption, but for now it is still in a development phase.
However, last results confirm that this technology is absolutely essential for crypto daily usage.
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The question is similar with: is MCDONALD'S better than Apple?
Eth and Btc are very different and this is hard to compare them. They serve to complete different purposes and both are strong coins on their segment.
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After all scam and unsuccessful ICOs from last year mainly, people lost their confidence in ICOs and are very reticent when it comes to invest in an ICO nowadays.
However, this does not mean there are no good ICOs, too. We just need to be more careful to identify legit and ICOs with high potential.
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It all depends on what you hold and what's your trading experience.
Sometimes is better just to hold and wait rather than risking uninspired trades.
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Don't forget that you only lose when/if you sell. Till then there is always hope that price can recover.
And always try to have a diverse portfolio to minimize the risks. Diversity is the key to a decent portfolio, no matter how much you believe something will rise. Otherwise you're just gambling on one thing being successful
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Not all alts are useless. Some are good for trading to multiply your Btc through them.
Trading strategy is a lifetime journey. You have to be in it for the long haul. You will get rekt and lose all your money. So play with very little, maybe $100 for first few weeks or month at which point you will have lost it all probably.
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Best to devise strategies that are profitable in all conditions (flat, bull, bear) instead of trying to predict/anticipate/understand trends.
And don't forget to never invest more money than you can afford to lose.
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The big correction was all of last year IMO.
Now banks and stock markets are listing cryptos I think it's gona explode.
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The best alt to take into consideration is Ethereum. It still has a huge potential to reach new ATHs when bull run will come.
If you're looking to invest in a new project I recommend you to have a look at Mycro Jobs. (details in my signature)
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Definitely not. Even if scam ICOs increased a lot since 2017, this doesn't mean that all ICOs are the same or we cannot find good and legit ICOs.
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You shouldn't care too much about the current and very short term price as new halving will take place in 2020.
Before each of previous halvings price increased significantly.
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Taking into account good projects, not ordinary scams, altcoins can still bring nice profits during bull runs.
Since several weeks already many altcoins performed better than Bitcoin, and I think this can be a good sign for a new strong bull run.
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I don't agree with you, mate. Do you think you know all the ICOs in the world to conclude that all are scams?
I don't think so. You should try to do a better research before making investments and stop confusing people that still can find good ICOs.
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Trade it for an alt coin on Binance. That's probably you're only chance to make money. You'll never make anything with BTC playing with small amounts. The Alts have a lot more volatility. For example, BAT has recently gone up over 300% since Feb. BNB has also shot up almost 100% in past few months.
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If yoy are a beginner, you shouldn't care too much the daily price and you should not be interested in trading, but more on holding for middle-long term.
For crypto, unless you have at least $10k to drop on crypto per trade, you're not going to be pulling 1k per month profit. You'll likely have some success when market swings up, but eventually you'll get stuck at some high level.
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I have a question for you all. What happens to all the tokens mistakenly sent from a wallet to a wrong wallet and where do they go?
If you send your funds to a wrong wallet from an exchange, you have good chances to get your funds back if you raise a support ticket. If you sent a wrong transaction from your personal wallet then your chances to ever see your funds back are near zero. |
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It depends on which airdrops are you referring to. Nost of them pay a few bucks only, so participating in Social Mediat can be more productive, specially if you have a lot of friends/followers.
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