If there is one thing that i really wanted to see/experience anytime this year, then that would be seeing a real bull run or bull market. Perhaps, it can give me a breather from a very long bearish market that greatly affect the value of my digital portfolio.
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Well, so sad ICO has taken a big slice of the pie as far as crypto investment scam is concerned. ICO before is really promising but as scammers found it a very good way of earning money out of deceiving people, i became so choosy of participating in ICO today.
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I always believe that bitcoin will be the number one cryptocurrency ever because it's the king of cryptoworld. As we can see, the crypmarket is down because of bitcoin's fluctuation in its market value but still, it remained on top of all cryptocurrencies.
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I just keep my fingers cross that 2017-feels is just somewhere around or maybe it's going to happen again this year. It's the best time to buy for additional crypto assets this time while the price is still cheap that will multiply a couple of times when the bull run starts again.
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Every cryptocurrency has it's own share of ups and downs and Litecoin is no exception with regards to this long bearish market that we are experiencing over the past couple of months now. Litecoin is also one of the crypto i have kept in my digital wallet until now because i am still optimistic that the bullish market will come soon.
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There are lots of things to consider as far as knowing if a certain ICO is a scam or not. One best thing you should consider first is their team and checking its legitimacy. Check for their profile and make an thorough investigation for each team member's profile.
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Its easy, ETH and Monero for hodl
Monero is really a good crypto that's worth to hodl but for now, it's out of my list as i continue to trust Ripple. As we can see, Ethereum and Ripple are always vying for their market capitalization over the couple of months now.
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I am not really hoping for another bull run as of this time as i already did hope about it last year. Holding my crypto assets is what my concern for now no matter how long it will took for the bull run to come.
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It's really heartbreaking to see my portfolio bleeds as bitcoin and the cryptomarkets fluctuate so hard. I believe that most of crypto holders are somewhat tired of waiting too but then again, holding is the only way to keep our chances of profiting again alive.
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Do you think, this is really good idea?
What's a good idea for me is that you are holding multiple accounts with zero or no alternate cryptocurrencies that will turn out to be a garbage coin. It's really really good idea if you have the top cryptocurrencies in your portfolio and hold them for long.
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After i saw how bitcoin's market value has fallen to 3,000$ mark, i have decided myself to just rest for a while and making myself busy to other stuffs so i can atleast forget how bad the market looks like this year. I am resting but i am not into making myself quit yet as i still believe that good things are coming on the way.
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I don't usually visit or check coinmarketcap.com or any other websites that serve as cryptocurrency tracker for cryptos. Yes i have cryptocurrencies kept in my digital wallet for quite sometime now and one of the reasons why i don't check on CMC is that it will just frustrate me anyhow as the market value of my digital assets goes down.
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It's the ICO or team's right to hold or lock the tokens for 4 months before you could ever trade it somewhere else. They are doing that for so many reasons that might even come as a surprise for both investors and bounty hunters as well. All you have to do is just wait and see if it really works.
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Some of the best experiences one should ever have is profiting big out from rumors. They seem to be like bandwagoners riding in the hype and graciously sell their crypto holdings too at the very right time. Proud to say that i am one of them too especially when there's a hype crypto erupts while my other crypto holdings remained stagnant.
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Those who have invested last ETHereum in the past few months might be probably feel bad when they saw ETHereum's market value went down further which must be the very right time to invest on it too. Good thing that ETHeruem is showing signs of progress in the past few days too.
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It's always been tough to decide whether one should go on to invest or wait especially when you are caught in the middle of the storm. We don't really know if bitcoin's market value will continue to fluctuate or perhaps give us a promising rise this year. But for me, it's the very best time to relax first and wait for the real dip that's going to happen before investing for good.
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Pump and dump is rudimentary to cryptocurrencies' existence and it's only in the hands of people who would take cryprocurrency as part of the payment system in the future or would simply leave and put cryptocurrencies in oblivion.
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Talking about great cryptocurrencies for long term investment makes me think about those general cryptocurrencies that are already listed on top. I don't give any second thought about investing Bitcoin, Ethereum, Ripple, EOS, IOTA, Cardano, and the likes as long as i have the money to invest on them.
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ICO nowadays almost end up in SCAM and i've been into most of it already. However, it doesn't give me a reason to stop participating in ICO because there are still good ICO's right there that are also manged by good bounty managers. Since participating in ICO is free, it's up to you to go on and take the risk.
But if you really have money to invest, it's better to buy directly Bitcoin given the fact that its market price plunges down deep at an all time low 3,000$ plus.
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Majority of crypto traders, enthusiasts, HODLers don't really expected how the cryptoworld has collapsed in relation to Bitcoin's market cap and price movement. I myself didn't even expect that Bitcoin will reach an all time low at 3,000$ plus dragging almost all of the cryptos down too. Monero (XMR) is not exempted on that trip as it also fluctuate so bad. But I do believe there's a better time for cryptoworld to come so what's more important for me now is HODLing still with my digital assets in tact.
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