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When the market is fallong there are two things that I do: first, I hold my coins and do not attemp to sell them. Second is that market falling is the right time to buy.
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Everyone must have his kind of mindset. It will not be helpful for us to panoc whenever the market it down. We do not have to worry because it will surely rise again.
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For my own opinion, I think that it is a right time to buy ethereum. The value of it as of now is low so it is better idea if you buy now then you can wait for the right time to sell it.
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The most important thing now is not to sell coins at a price below which they were purchased. We need to wait for the next cycle of market growth. Sooner or later, but it will happen. The market always showed excellent growth after a lot of people were disappointed.
You are definitely right about that. Many of us experience losing half amount of crypto, first thing first is do not panic and just patiently wait for the market to pump once again. |
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For you to enable to gain token for free then you can join bounty campaigns. Just follow all the rule of the campaign and meet the deadline then you can get it for free.
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there are many ways that you should try, so its best way to try all the ways but it will take your time of course profiting is not an easy thing so you should follow the bountise airdrops make content on steemit and so on...
You are right about that there is a lot od ways to gain more profit in cryptocurrency, but in this kind of field it affiliates a lot of patience to gain more profit. |
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As for my own perspective, I think some people find bitcoin difficult yo understand because the bitcoin itself is unfamiliar and new to us and maybe they are not ready for the change so they cannot fully understand it.
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Selling your bitcoin when the market is down can be referred as a foolish decision. This decision can be a factor of fear of loosing an amount of money or the holder is being impatient. The best strategy is to sell when the market is up.
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As for the current situation, you should not sell you coin. The market is red as of now and it is not ideal to sell in this king of situation. Wait for the time whrn the market rises then you can sell it.
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No I do not panic whether the market is down or up. We, the holders need to remain calm in order for us to make a right decision and not sell my coin rashly.
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Ofcourse it will rise again. The market can goes up or down because it is unstable. But the market will not remain to be red there are times that it rises and be a green market.
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On my journey dealing here in cryptocurrency, I experience that most of the ICO are scam. It is difficult to find a legit ICO. But when you find one it is definitely brings a huge profit.
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That is actually normal case mostly for cryptocurrency. First thing is that the market is still unstable so there are times that it can hit a high value but can also attain a low value.
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As for the current situation, I think that the bitcoin still take control of the market l, given that the bitcoin has the highest value among other altcoin.
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One thing that comes in to my mind when it utters improvement is the legitimacy of the bitcoin to all countries. It is a huge development to the world if that happens.
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Yes I believe it and very soon majority of developed and underdeveloped countries will accept it and considered it as medium of paymentd
That is certainly the majority of us wish for. If that actually happens then it is a huge development on world transaction system. |
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I think it is still difficult to answer because it is hard to assume a certain thing that no one knows if it is actually true. But base on the prediction of other, yes there is a possibility.
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it seems that bitcoin is already dominant for all cryptocurrency coin they make bitcoin as price movement and benchmark. when bitcoin rises then altcoin will also rise and vice versa.
Yes that is definitely right, and I think that it will remain for a long time that the bitcoin is dominant as long as there is no better cyptocurrency will exist and replace bitcoin. |
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The cryptocurrency that will take control to the market is non other than the bitcoin. All cryptocurrency still depend to tge bitcoin so that means bitcoin is the one who controls.
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Based on what i have read about that matter, some says that the value of the bitcoin will rise up again to twenty thousand dollars is estimated by the end of the year.
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