That's true, but for those who truly believe in the future of cryptocurrency. The price of the cryptocurrency has decreased significantly since a few years back. Some investors believe that the decline in prices this time will provide large profits for those who buy at low prices. However, not many of them decided to leave the cryptocurrency investment because they didn't got wealth.
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Actually there are no special developments when the number of tokens that use ETH as a tool for purchase because in the end the ETH they buy will be discarded to buy a token. But I believe ETH will recover when the price of cryptocurrency is recovered, ETH investors and the ETH community are very much and have been shown in the ETH position which is in the top two in the cryptocurrency market. This is a reference when good information comes, the price of ETH will again reach its ATH.
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It has become a natural thing when the ICO is finished and entering the exchange will definitely experience a decline in prices because of the influence of the bounty campaign and airdrop who will sell tokens or the results they can get from work or from being airdrop participants and campaigns.
I guess it depends on the bounty hunter and on the potential tokens they get. If each bounty hunter sees every movement of the token he gets continues to increase, I believe that most of them have confidence that the price of the token will continue to rise so they will continue to hold it until the target price they have is achieved. The second part is that they see a potential, if the potential token will not be able to successfully compete in the cryptocurrency market, they will rush to sell the tokens they have just gotten from the bounty campaign event.
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Hello friends, Market has recovered again, although it is not very high rise. But you observe the crypto market closely then it has a behaviour in it. On 25 Nov there was an downward movement in the market then on 26 Nov there was an upward movement. Yesterday it was again down and red was the light everywhere. Now today it is again Green everywhere. Do you think market has touched the bottom line and there are chances that it will go down further?
Look at the market now, the price of bitcoin and altcoin are starting to decline again. When looking at marketon this day is very convincing, the price increase is very drastic as bitcoin is experiencing a price increase of up to 10% and some altcoins have increased dramatically as well as Tron which has increased to 31% base on coinmarketcap. Look like, the increase and decrease this time will happen like yesterday, cryptocurrency is again volatile.
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Unfortunately, we can not do much about this. The only thing we can do is not to participate in such projects and without our funding, no one will survive. I do not know how to remove them, but we really need to do something about this, otherwise it will continue to grow. Now what we can do is just to avoid them, study about their groups and projects before you join any ICO.
You can do much, convincing a project scam or legit project is not as easy as you might think. You cannot be sure by just looking at the developer but there are many small things that can ensure that the project is scam or legit. You can be active in scam accousation forums in order to ensure the project, the more people who understand or know how to convince a project, the more chances of cryptocurrency avoiding a bad image scam.
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I am observing since last six months...each and every ico is failing drastically...even the most succesful ones which got funded within the time limit...when enters the exchange their price is dropping by more than times....investing in ico these days meaning throwing away your money
All we know this year is not a good thing to invest in the ICO project, in addition to risk fraud the next case is what you mean. You can imagine when the price of bitcoin declined from last year's ATH, $20,000 to the price of $4300 now and you can compare it when a new coin is released and only has a price below $ 1 and crashes then you can predict where the price will go. The side effect of cryptocurrency price reduction is not just on one coin, almost all negative news comes, the cryptocurrency price will decrease.
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You only see bitcoins when the price drops, so you think it is a shameful event. However, you should see the movement of the price of bitcoin in the previous year which experienced an increase of more than 7.5 B USD in one night. This is only a bearish market condition, but when prices begin to recover you may not dare to say something embarrassing in the cryptocurrency market. There are other ways to overcome the frustration that you experience, if you are a person who believes in cryptocurrency then you just hold and buy with fiat money that you have but if you do not believe in cryptocurrency you can sell your assets and pause to invest.
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Might sooner or later BCH will meet a decline in price and its position in the coinmarketcap will decline as well. The Fork will usually leave some side effects so that each investor assumes that the results of the coin fork will have greater potential, not to mention the BCH fork will produce 2 new coins where the BCH fork problems caused a deep decline in prices some time ago. I just experienced this, when a coin decides to hardfork and has a negative effect on the cryptocurrency market, you can see a drastic decline in prices some time ago.
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Actually being a holder is a choice, not a necessity for every investor. Had better he has a strategy and not being a holder because he follows what other people do. There is not impossible when he becomes a panic seller and he has the best way to predict the price of bitcoin or altcoin and then buy at a low price and sell it at a high price. For those who choose to be a holder, they don't want to bother to think about anything else, they are patient enough and wait for the cryptocurrency price to rise and they sell it.
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If you choose to gamble, it is a really very bad decision because most of the people who choose to gamble are losing their money. I hope many people are making money through trading and campaign are the best way to choose the right way to make free money. One thing we have to remember every there is risk involved.
Most gamblers said that their habit of gambling is for the pleasure he will felt, the rest if he got a profit then it was a luck. Agree you can get passive income when making trading as a place to earn money, even though many people say that the red market is the hardest thing to make a profit, but if you are familiar with the situation, you will get profit with the experience you have. But I don't think campaign can be used as a place to get money, unless you become a participant in the long term campaign that is paid with BTC then you can be a source of income.
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what a spectacular drop of bitcoin price... I wish it goes lower, I am ready to get more...
That should be the case, the panic sellers and those who are worried about the decline in bitcoin prices are someone who is new to cryptocurrency. They make other people aware of staying patient and staying on hold when prices decline even though their hearts have deep concerns about the ongoing price decline. Because if they understand about bitcoin or cryptocurrency in a comprehensive manner then the price reduction is not an event to be lamented, but most of them will be grateful for being able to buy bitcoin at a low price.
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You can use money to buy illegal stuff, you can use gold to buy illegal stuff, so it does not mean anything if someone uses bitcoin to buy illegal stuff. Bitcoin, fiat money, gold, are just different forms of the assets.
Indeed, the difference is only a way every perpetrator of a crime uses bitcoin, money fiat gold and others. You can use money fiat and gold as a transaction system for illegal goods if you meet directly with the seller, I mean you can only make transactions if you meet or know your identity. Unlike Bitcoin, you can keep your identity private from others and this is what causes everyone to get bitcoin, an easy-to-use tool for transacting illegal stuff.
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I think this year every investor is accustomed to making a decision to sell each of their assets, but when they get a good information they will think hard to ensure that the information is correct. This habit has occurred from the beginning of this year and may end when there comes information that really will make everyone believe that cryptocurrency can function and be accepted by many people.
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when all the coins go down, I lose a lot because I bought a lot of coins, what should I do so that I don't lose a lot, please give your input, friend?
Don't start an investment if you do not want to meet a loss, especially if you invest in cryptocurrency where the movement of each price is very fast be it when prices decline or when prices rise. There is nothing to do if you do not want to experience a loss, I mean you do not want the amount of your money to decrease just one, that is hold. Many people experience the same thing as you, but it's good that they understand the condition of the price of the cryptocurrency so they hold it unnoticed by others.
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Holding is only for investors who have a long term investment strategy and also, they are so confident about the development of cryptocurrency in the future. For someone who chooses investment in the short term or for those who don't believe in the development of cryptocurrency in the future, I don't know holding is one of their best ways. Even though they chose to keep holding, I'm sure they will find a lot of concern about falling prices.
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everything can change over time, only if in terms of ranking it is clearly undeniable because it covers the interests of most people, and if the ripple continues to advance then there will also be lots of ico who get paid by ripple.
If payment for each bounty campaign is based on coin position why is it that up to now the bounty campaign has not been paid with bitcoin or why until now the purchase of ICO using ETH does not use bitcoin even though bitcoin is in the first position. I guess Ripple's rise to the second position will not have any effect on the ICO project or bounty campaign, this is only based on the coin function. ETH has long been used as a system to fund every ICO project because the ETH function is like that.
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Diversification is the key to success in this market where nobody can be sure of anything. It's a great risk reduction method
Diversification in this market is just one big illusion, when most coins move in the same way that bitcoin does I do not really see the point of diversification because it doesn't help that much, you are going to lose your money if you invest in a coin that disappears suddenly, and we know that can happen in this market because it has happened before, so it is way better to concentrate in just a handful of assets that you know are going to be here for a long time. A misunderstanding when everyone thinks that most cryptocurrency price movements depend on the price of bitcoin, actually I don't agree with this. You can see the price movements in the past, when the price of bitcoin declined but many altcoins that did not decline, one of them is the Ripple, indicating that the price movement of the cryptocurrency depends on the information that comes with cryptocurrency as a whole. Deversify in an investment is important, when you save your money only on one coin then you have no other hope than to get a loss but when you choose several altcoins you have some hope of earning profit even though the price of bitcoin decreases.
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I guess investing in gold will provide comfort without having to think about price movements every day, other then that gold is already known by everyone so you don't have to worry about the price of gold because it will always have value. Unlike Bitcoin, you need sincerity when investing in bitcoin and must have high patience. I mean sincerity, you have to spend money where you sincerely want the money to go away or decline dramatically in a short time, therefore patience is the second factor when you choose investment in bitcoin. When the price of bitcoin decreases then you have high patience then you will not be reckless to sell the bitcoin you have.
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I think it's always safe to invest in the cryptocurrency world. It's not safe to keep money in the bank. Banks are like blood-sucking vampires using investors' money. In fact, still solid ICO projects are candidate to offer good products in the future.
Banks aren't investment place but a place to save money. Cryptocurrency is a place of investment and all investment places have their own risks, I just think when you buy bitcoin or altcoin last month and hold it up to now then you will find a big loss. Different if you saved money in the bank last month, until now you will not find a loss.
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If I find out that this price decline will occur, I might sell it first. However, I didn't comply every news that came so I didn't expect prices to continue to decline. There is nothing to do with the situation that I experienced other than holding, and maybe I can't decide to buy bitcoin or altcoin at the moment. 2018 has provided many lessons, many people think that the price of bitcoin has been at the lowest price, but only a few months after the price has declined again.
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