6) Be patient. Understand the 2nd degree volatility inherent in altcoins. To catch a good bull run for exponential returns, you can attempt griding (increasing the proportion of
your entry multiple times as price goes down), while normally a risky methodology, this can give you astronomical returns for high volatility products.
Honestly I really think that this is the most important thing here, without this trait we're bound to make a lot of bad decisions, if we really wanna last here at the crypto world this trait is a must and something that must be honed everyday, something that we really to master. Other than that I really like the 5 tips the thread starter made.
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I think there's really lot of coin who out there who can become a really big in the future but there are few who really comes to my mind like litecoin who's really performing well nowadays, not just the value who is getting high but its demand as well, other coin is Neo, yes the the coins is struggling in terms of value compared to the way it was before but I still think that this coin will become big someday.
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We can't blame the short term holders to panic, especially the new ones who just tried it out but we can advice them not to, for the market will recover soon, that the bullish season will rise soon, that we continue to hold till this bearish season is over. The first two quarters of the year ain't really good time for the market just like before, but worry not for it will recover by the remaining quarters of the year just like before.
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I don't know about you guys but I've been eyeing for NEO, DENT and TRX for a long time now, I really think that these coins will become something big in the future, I've been planning to buy some and hold it for a long time, I just can't find the perfect time to do so. Also I think Neo can be considered a long term gem as well, pretty sure that holding this coin will bring a lot of fortune in the future.
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Its always tough to find such a reliable bounties, you always need to read all whitepapers, roadmap and do a lot of research about the team of ICO, but its not that hard to look for a reliable campaign manager which is what I always do, ever since I started doing bounty campaigns I'm only joining campaigns under managers with a good background here at bitcointalk, and so far its all good.
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I've joined several ICO that requires KYC, I guess about two or three, to be honest I don't have much problem about it but I always check it and verify if the project is legitimate, yeah I know its a bit hassle but for me as long as they pay me its all good, I think the only people who have problem in KYC of a good ICO is the people who are farming in Signature Campaign, other than that I guess its personal or security reason.
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It will probably go down considering how the market perform nowadays, though lets not worry but continue holding and put more faith in Ethereum, the Bear season will come to an end soon, and the Bull will rise, for now lets hold and wait patiently. When you look back at the previous years, Ethereum always find a way back by the last quarter of the year, so lets just wait for it.
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No not at all, the first two quarters of the year ain't really good in market, I'm pretty sure that market will recover by the third and last quarter of the month just like what it did in the previous years. Just put more faith in your portfolio and coins, I'm sure they will find a way to surge and give you a decent if not a great a profit. Patience is the key here when it comes in to holding coins. Red days will come and go, but worry not because the Bull season will come before you even realize.
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I'm pretty sure you won't go wrong investing in the top cryptocurrency nowadays, you can always pick Bitcoin and Ethereum if you want a good profit, if you're planning on short term trading buying low and selling high will provide give a good profit, not that high a but definitely a good one and when it comes to long term I'm sure you have the gist on how many people become rich by just holding last year of this two, lets just hope that prices are just like last year. Also you can try Neo, PRL and TRX.
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One thing that comes into my mind when we talks about the competitors of Ethereum is the Neo, although it is struggling in terms of value and its way far to the way it was, I still think that it has a great potential to be compete against Ethereum, after all its the next generation smart economy platform. I'm sure that it will make a huge comeback in no time.
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As a new Bounty Hunter I find it tough to gain that amount in monthly basis, the campaigns takes way to long to give the reward and they're delayed in terms of schedule most of the time. I don't know if I'm just new here and don't know the work around to earn that much, though I don't have much problem with my earning I'm still planning to try the trading, hoping that luck will be on my side this time.
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I really think that its possible, though I myself ain't aiming to be rich, just having the so called financial freedom and secure my future and future of my family will be more than I can ask for. Getting rich ain't that easy after all it requires not just knowledge but tons of luck as well. For now lets continue to hold and wait for our portfolio to take us to the moon, continue to buy low and sell high till we get what we really long for.
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Neo is a great coin and a great platform as well and to be honest I really think that this coin is on par with Ethereum, so I'm pretty sure that you won't regret holding it for a long time, I myself is keeping some of this coin, waiting for the prices to surge again. I know that this coin is experiencing some struggles right now in terms of value but surely this will make a huge comeback.
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I don't think so, Ethereum ain't doing good lately and I see no chance at all for the stronger Bulls even this coming June, don't get me wrong I really like Ethereum and in fact I'm rooting for this coin, been holding a bunch of it and waiting for the Bull season to come. I really think that it will make a strong comeback by the last quarter of the year, for now lets hope for the best for Ethereum.
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Never had a chance to join in any airdrop but when it comes to Bounty Campaigns its all good, ever since I joined Bounty Signature my whole life changed, somehow I had a chance to enjoy this so called financial freedom and now I was able to help not just my parents in our monthly dues but I was able to pay for my own tuition and other school stuffs as well. I can say that my life is way better than before.
P.S can you give me some upcoming airdrop? I really like to join.
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As far as i know the prices of neo nowadays are really low, in my opinion for those who plans on buying then now is the perfect time to purchase, after all Neo is a really good coin on par with Eth so investing will surely be fruitful in the future.
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No its not, as much as possible try to avoid this token, they started two campaigns but none of them receive any rewards at all. Tokens like this are not worth investing for, I mean if they can scam the bounty participants, what more to the investors right? it has a bad history here at the bitcointalk, so avoid this one, there are lots of good coins out there, pick anything but this.
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If you're asking for the best then surely the major coins is the best choice here, the Bitcoin and Ethereum or you can try XRP as well but I suggest that you split that amount into portion, try not to go all in into one coin, its a not a wise choice, as much as possible do what most investors would do, they never put all the eggs in one basket. Try to avoid investing into ICO or buying new alt coins, focus on the major coins right now or the top 10.
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Since this is the only source of income I have right now, I don't have much choice but to settle in short term holding, the profit ain't that high compared to the long term ones but somehow I'm surviving, being able to pay my school fees and allowance. For now I'm trying to save money so that I can hold my coins for a longer period of time.
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I suggest you pick the top major coins, the BTC, ETH and XRP, I'm pretty sure you won't regret buying any of this coins though it would be better if you split that amount into portion for you should never put all the eggs in one basket. Also you can try the rising alt coins like NEO, PRL, LALA and DENT, the value ain't that high right now but surely this will become something big in the future.
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