This is a good advice for everyone to heed to. Trusting your assets with new wallet that is yet to build any credibility for itself in the industry is risky. Anything can happen and they may decide to exit scam and go with user's funds.
This is really a big problem for those who participate in this market so it is best to only choose the wallet that is trusted by many people in this market and is appreciated in many other countries. There are hundreds of different wallets available now in PlayStore but only 20% of the wallets are the most trusted in the crypto market. Before keeping money where you should consult the people who have used and to think carefully. Currently, only hardware wallets are the safest in the crypto market and if you have large assets then you have to buy to get the best security. |
|
|
|
In as much as most new altcoins are out to scam people its also important to note that there are still some new altcoins that are launching with genuine usecase and are ready to deveop their platform with funds they raised via the intial coin offering ( ICO) or IEO. notable mentions are Harmony, Celer, Matic, Arweave. These altcoins as far as i can remember arr new altcoins they raised some amount of money and they have used it to build their mainnet and continue with platform development. Its our duty to carry out authentic research before venturing into any new project, so as to evade being scammed
I usually evaluate a new project in the form of IEO because if the project works well, the project leaders will find ways to list at big exchanges like Binance. Now there are hundreds of new altcoins appearing every month but finding a good coin is really difficult and it takes a lot of time to evaluate that project. I am not a person who likes to invest altcoins, but if the coin is trusted by many people, I will consider investing. Of course profit is always preferred and I will only choose short-term investments to secure my capital because the risk usually occurs at any time. |
|
|
|
whatever thos channel tradinng signals paying or free ;it can be on sites internet and also telegram; not good and never trust any of him because they use traders or users who trust their fake signals or alert for making profit from other users like i sayed before. everyone must not follow or participe such those trading signals
All signals appearing at telegram usually don't have specific analysis for investors and the risk that it brings you is very large, so analyze yourself and make a more accurate decision. I have never followed any signal channel in this market because most of the signals they give have a failure rate of more than 80% and some coins may drop even more if market collapses. It is not necessary for you to make a profit this way because there are many tutorials available on the internet right now and if you do your own research, you will greatly reduce the risks. |
|
|
|
Many people invest all their money in assets such as ETH, XRP, I think this is very stupid, I think that it is necessary to distribute your portfolio to 10 top projects among new altcoins and in a good market they will make a lot of money, but maybe they are not so reliable like old people and some of the 10 will turn out to be scammers, but those who survive will give such a profit that no one even dreamed of.
I always divide my investments appropriately and spend 60% of my assets investing in Bitcoin because the coin is more stable than other altcoins. In the investment, you need to have a clear plan and have to implement the plan from the beginning but to do that, you must have a lot of experience in investing. I personally spend 40% of my assets to invest in some new coins like WIN, BTT, TOP, KAVA because these are usually very profitable coins but you should sell when you have a big profit. In fact, long term investment will take a lot of time to wait and we cannot predict what will happen to that coin so be careful and not keep it for long periods. |
|
|
|
Everyone hopes altcoin can come back in a positive trend but I think it will happen when bitcoin is half a day running so that with the rise of bitcoin it will definitely be able to make altcoin also increase later, but it's certainly not easy to predict what will happen to digital currencies in the future. Me, you and all of us will hope for the best.
I am not 100% sure what will happen to the altcoin prices if BTC touches again the $20000. The personal predictions are based on the trader's experience and the market understanding but the reality is not close to these two factors. The long way is expected to reach the perfect balance of Altcoin vs Bitcoin, useless altcoins will be erased from the total market cap, survivors will compete with each other. This year we are witnessing the purification of this market and up to 80% of altcoins have disappeared from crypto so I believe that only the altcoins trusted by investors can survive until this point. Maybe the altcoin season has not appeared this year but this is a great opportunity for people to invest in good altcoins because maybe next year will be a new era of crypto market. Everything will be very promising and Bitcoin will soon reach a new high price soon and make this market more bustling like 2017. Of course this is just my little prediction but if that happens then Everyone will make a high profit. |
|
|
|
Back in 2017, many ICO projects pride themselves of having one of the biggest telegram community. Some of them would market it as a proof or sign that many investors believe in their project. People who have been around all know that most members there are airdrop/bounty hunters who only joined to qualify for the reward. I also saw one post earlier asking for telegram group members and one of the condition the buyer posted is that it "needs to look real". Anyway, this post is just a reminder to beginners in crypto. We don't want you to fall for these tricks to lure you into investing into their projects. The large number of telegram followers is sometimes a parameter for beginners to start investing in ICO projects like IEO. But in the group there is very little important chat activity, the contents are only spam chat that is off topic. In my opinion the most reasonable is the existence of chat activities between members with the admin and founder of the telegram group, it shows that there is seriousness on the part of the project maker to develop into a bigger and faster. If project is constantly chat and has many good questions, then it is certainly getting a lot of attention from people. As I know, there are many telegram channels that have a high number of followers but do not have any activity and that makes me feel very worried because maybe they are fake users. I always evaluate the community first but still need a short time to evaluate the details of the project. In any case, you must always be careful because the crypto market has many risks that you need to be aware of and should consult with others if you find the project is not good. |
|
|
|
Well, so far it is a good opportunity for us to buy bitcoin it is below 9k$ I think 8700$ so far. So as long as the price in the market was still in low price if you are one of the long term holder of bitcoin you better take the chance of this price now. And besides the market was still remain unpredictable in the market.
And now that Bitcoin is $8500 today, the downtrend is still making it difficult for the coin to improve its price this year. I think it will take some time for the coin to officially recover and should wait until the end of this year to know exactly what will happen next. In my opinion, the crypto market will soon stabilize and long term investment can be a good choice for all investors. Risks will still come at any time and always make you fearful under any circumstances so think 3 times before making a decision to avoid trading losses. |
|
|
|
altcoin will follow the movement of bitcoin, if bitcoin should altcoin become a boom, the dominance of bitcoin is already too high around 60% now, so if bitcoin hits $ 20k the dominance of bitcoin will go down the traders will play to altcoin. I think Altcoin and Bitcoin dominance should be 50%.
In 2019, we have not seen altcoins following the Bitcoin, due to Bitcoin dominance, most of the prices of the altcoins are decreasing in the market. Once the dominance of Bitcoin starts decreasing we might see that altcoins price starts recovering. Expecting so because once the price of Bitcoin reaches 20K we might see upward rend for the altcoins. Bitcoin dominance is now very high this year and in complete control of this market. I think if the dominance can drop to 40% to 50% then altcoin will have a chance to rise higher but maybe will wait a while longer because the demand for altcoin investment is still very low and Many investors still fear when investing. As I know, this market is heavily dependent on the volatility of Bitcoin so if this coin cannot rise then there will not be many opportunities for altcoin. Of course no one knows what will happen next so don't lose faith in this market and I believe that 2020 will be a very important time for all coins. |
|
|
|
I am a Newbie member, and my knowledge about this is still very low What is the difference between Bitcoin and altcoin in more detail  thanks admin The only difference that I see here is that bitcoin is the main cryptocurrency that was established first, while other altcoins are just to serve as an alternative to bitcoin just like bitcoin is meant to be an alternative to fiat. Altcoins would have actually performed better, because with all sincerity, no matter how great and how much the project of bitcoin is, bitcoin cannot really do it alone, so it needs support of some of these other projects. My issue with those altcoins is that they are getting too much, the problem that bitcoin cannot handle is not that much for all these altcoins to have started offering solutions that they really cannot give, so if you are to consider any project, just consider bitcoin and top 10 altcoins, they are the one I trust to really follow bitcoin anywhere in future. The difference between bitcoin and altcoin is that altcoin is just an alternative of bitcoin, they are both cryptocurrency. But altcoin is just a copy of bitcoin. They have different platforms by different altcoin. The better the platform is, the more investors will support that particular project or coin because as of now it is not just by the name or the team who are managing, but it is based on their platform itself if it is becoming famous and being supported by many investors, it is good when they used blockchain technology, blockchain-based crypto is a good and may lead a project to succeed. All coins in this market use blockchain technology and Bitcoin has a huge role in this market so when it comes to crypto, they often tell a lot of different stories related to Bitcoin. There are currently thousands of altcoins available in this market but Bitcoin is still the number one because this is the earliest coin to appear and is always held by many investors. In fact, the competition of altcoins is fierce and every day there is a change in rank so I believe that one day there will be an altcoin that can compete directly with Bitcoin. |
|
|
|
I am not against with alts in the market but I dont know if there still a coins that has a potential in this current market situation that investors are afraid on investing in fact there are lots of good idea projects today but investors are keep their hands off. Even now there was no alts that making name in the market, hope next year will be the year of an alts.
In my opinion, it takes more time to make this decision because until now there has not been any signs of price increase of altcoins and investors have not had great confidence when investing in this market. I think we will take another year and by the end of 2020 altcoin season may officially begin. Predictions should only be referenced and everything is highly dependent on the upcoming market so be more patient. Everyone wants the altcoin season to appear and earn high profits but the current market situation does not allow us to have such thoughts and should accept the truth in this market. |
|
|
|
If you have big capital for short trading it is easy to make a profit. Unfortunately, not all investors can afford such a large sum of money. Therefore, they prefer holding because it is safer and there is hope that their coin will be raised in the long run. Such a strategy is also very dangerous especially if you get stuck in big pumps and dumps, I also have a friend who does the same strategy and eventually they also lose trading and are now bag holders because he still does not recover his invested.
Any investment will be risky, but the short-term investment option requires a smart strategy and must follow the original plan to have a good chance of making a good profit. Most people are very greedy when the coin rises and will usually wait a while longer before making a final decision. I think this is very wrong because if you don't follow the plan, you will easily lose money very quickly and it is difficult to control psychology if the market declines. I always plan ahead a few weeks or months before investing and always manage my assets daily to make sure I don't suffer losses because the crypto market is often very volatile and very difficult to predict. |
|
|
|
No, this is not possible. Any expert out there will agree. Trading just like every other business has profit and losses, the success mantra is to have higher success as compared to failure. And be better with successful trades in comparison to losing ones
I do not know where people get the idea that you can somehow trade without incurring losses, if you do not want to lose money then do not trade but if you want to trade then you need to prepare yourself and accept you will lose money from time to time, but as long as you can earn more money over the long term than what you lose then you will be fine, and the only way to know if you can do that is to test your strategy against the past data and confirm it. Most people are afraid of trading and very few can succeed in day trading. I think it takes a lot of good knowledge to survive and not always be profitable in this market. I personally always have a new plan when it comes to trading and stay calm under all circumstances to avoid losses if the market has sudden collapse. Of course, it is still not possible to avoid losses in trading and during this time you should limit your investment because the risk is huge and puts you in danger at any time. |
|
|
|
It is better. I personally predict it will reach 50 $. because BNB is very good at the project. with the support of exchange and good coin management. as well as a solid team, I think it's very easy to reach $ 35- $ 40. in addition, there are currently many new projects using the BNB platform. thus making BNB even more powerful, and can compete with ethereum as a growth.
I think it will take more time for BNB to reach this price level in the short term as the coin has just experienced a bull run a few months ago, so the year-end period is going to have a lot of big adjustments. In my opinion, BNB is likely to return to $15 by the end of this year and will keep this price steady until next spring. Not many coins can increase continuously and this is the time for BNB to rest before another price increase appears. Of course it depends on your choice but BNB will not reach $50 this year and will need to depend a lot on the upcoming market so if you are holding then be more careful. |
|
|
|
In order to grow steadily, by the end of 2020, Bitcoin must exceed 10,000 USD. I have a feeling the market is similar now in 2016. Maybe next year will boom and increase as in 2017. The nature of altcoins is easy to manipulate if the group stops pumping, the altcoin value will drop dramatically. . Take a look at projects in 2017 and 2018, most of them are heavily discounted and only a few projects remain stable.
I agree with you. Bitcoin needs to reach a minimum of $10,000 by the end of this year after which everyone has the right to hope for the near future of this market. I think altcoins are now very cheap and some coins are clearly being manipulated so this year is a great opportunity for you to hold altcoins. May be not recommended , but I'm sure the altcoin season will return again soon. There are many different predictions but the market will continue to grow and attract many new investors next year so focus on some big altcoins like Ethereum to ensure long-term profitability. |
|
|
|
The first thing to look for in the coin is the whitepaper where I read what their purpose is and what their product is that will attract investors. It's also a good idea that we follow their project and how many investors believe in it because you also know that their project has an impact on people. And if possible we always keep up with their news which will give us an idea of when is the right time to buy their coin.
I don't think the whitepaper can decide on a project because recent projects are stealing ideas from so many different projects in this market so I believe that whitepaper evaluation is not necessary. In my opinion, the most important thing is to learn about the development team of the project and if the community works well, the project will receive a lot of great attention from people. In fact, many success factors are needed but if the project has good news that makes the coin value increase, then the project should be considered in the investment. |
|
|
|
It is possible if you are consistent in earning at least 2% per day. Again that is if, whats not possible is for you to consistently select the right coin everyday that will give you 2% per day. There might be days where you can earn more than 2% which is good to cover those days where you earned less than your target. Dont ever think of joining those signals group, they are not a big help actually.
in general, by trading, you can multiply your assets, or even more. But, getting 2% every day is not easy. Today your goal has been reached, but we do not know going forward. the risk in this case is very high. think again before you do it, you can produce more than you think, but when it doesn't match what you think, then your assets will be reduced. if you are prepared to accept the risk, then all will be fine. Making a profit of 2% a day requires good trading knowledge because the market is not easy to predict and the large fluctuations during this time period may prevent you from making money. I think the most important thing is to manage your property and stay calm in any situation because if you are not careful, all the money you make that day will probably lose more. I always keep the best psychology when trading and always set a stop loss if necessary. Of course that is not enough and needs a lot of other luck factors to help you earn high profits. |
|
|
|
Actually the market is looking so steady .I am not watching any huge altcoins pump so how can i say the time is being started .We are still in huge loss and didn't recover yet .I hope we will get a huge pump in near future what help us to recover our whole loss.
It will take a lot of time for the pump to start working again because the altcoin season has not started this year and the downtrend is still overwhelming this market. I think it should be patient and wait for some time to know what trends will happen next because if you choose to invest now the risk will be great. I personally believe the altcoin season will occur in mid 2020. May be just a small prediction of me but the recent growth of the market makes a lot of investors coming back and it is certain that the market will be interesting next year. |
|
|
|
I still hold some amount of Dogecoin from the lowest price at 24 satoshi, and I want to hold and sell if the price can increase more than 80 satoshi. Even though I need to hold for a long time, it will be no problem for me because I guess that if the bull market comes, Dogecoin will also increase so high, and I expect that we will see the price can break 100 satoshi. I think Dogecoin is unique and different from the other coins because the order buys and sells at the market have a big amount of bitcoin waiting to fill.
Don't expect too much because Dogecoin is not a good long-term investment option during this period and the value of the coin may drop unexpectedly. Currently everything in this project has stopped working and there is very little information related to this coin so choosing investment can be very dangerous for you. I never invest in ambiguous projects so Doge will never be on my investment list. There are a lot of good options out there right now and you shouldn't trust any of others options. In fact, only a few coins in the top 50 will help you earn high profits. |
|
|
|
We are saving for a house down payment of 40K. I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months. Is a stable coin the best option? Thoughts?
I think it is risky to put all of your saving for a house down payment in a cryptocurrency because there are chances that it could decreased or increased your savings, so you should put your savings in a coin that is worth for investment such as BNB, LTC, XRP and ETH. But if you want for your savings to be safe you should put your savings in a stable coin like USDT, it would be much better because there are less chances for you to lose a huge amount of money. I think if you have made a good profit, you should spend 5% savings because this is a very safe way for all investors. I usually convert to USDT and hold for a long time to be able to use this money in the near future because the stable coin never changes in value. Each person has different saving strategies and holding some top coins is also a very promising option. Of course, it is necessary to be clear in the division of capital and always follow the original plan because if you are not careful, you will lose your savings when investing. |
|
|
|
Hello,
I've been shocked by the drop of ETH price today. So,I checked CMC and found that all coins dropped. I don't know what happened or why.
So, what happened today? Is this related to some news? where can I follow this kind of stuff?
Thnx
You do not need to worry and panic too much, I make sure the bear market will end soon because we are at the end of the end of 2019, falling prices are a normal thing, if you use logic there is no price in this world always going up all price reduction in a while, so just enjoy waiting for next year to hold your ETH into a long-term investment I can not recommend news sites for you to follow, because I believe their handwriting does not fully work properly and they write fake news because of money, I have never read any news to invest in bitcoin, there is no news site that is really honest  Not sure when the bear market will end because now the market is very clearly manipulated so any investment can put you in danger. Eth is an excellent option for the long term but requires a specific strategy and must always be patient under all circumstances. I don't know when the price increase will occur but it will take us another 2 to 3 years to wait for the bear market to end. I'm not a prediction expert but I always know how to analyze this market daily and give good advice to people. Of course the market will rebound one day and that will be the time you should spend more time making profits. |
|
|
|
|
Show Posts
