In the past day ethereum get bigger now and pumping up same to bitcoin i think it will continue until the end of this febuary its important to hold before the market will grow up.
Most times, general predictions are not what the outcomes are. If you are holding, ensure you are doing that with the mind that anything might happen. This was the same prediction many people had in December 2018 and it became a different in January of 2019. Well, the story might be different, because if some other developments that might follow suit. That does not main that it will not retrace. |
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Since any one can easy list on some decentralized p2p exchanges, it has made it easier for scammers to just list any coin, by creating the fake ones.
This is more reason I have the format in which coins are listed on exchanges, such as, Idex Allbit and the likes before trading.
Despite being decentralized, you cannot just list on your own, without the permission of the team.
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The act of holding is what can and able to help the market to experience the growth it needs. I believe no one would want to hold the coin he does not believe in. Trading can also be a good means, but hodl is much more preferable.
We need more talks from those with the knowledge of cryptocurrency. At least, that will help to create more awareness and sensitization on the technology.
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The most popular for now, are ledger nano and Trezor wallets.
Although, I find it a little difficult to Oder for it from he country in which I reside and which is why I gave not been using any of them
A friend of mine that got it ordered experienced some hitch before he could get his Trezor wallet from the delivery agent, but I bet you, his experience using it, has been a good one. It's possible I get mine soon.
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Not every news is able to make the market grow, which is why so e of the news had last year, 2018, did not have much impact on the market. Hopefully, there will be good response this year.
We have been coming from afar and now might the the time and process for good and positive changes in the market.
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The cryptocuurency's price on the market is still going down... i just wanna know what you guys are thinking of the future of the crypto, would it be great again? or would be at the bottom of the market? or would it be forgotten? tell me what you think and why
This is a question that is dependent on so many factors. If the glory that was with cryptocurrency like in the year 2017 is to come back again, there must be an intriguing, exciting and developmental news, that will cause so many people, including new and those who have left to come back. This is possible and can come true with time. |
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It is only when you cannot trust yourself, that you will find it hard to trust others.
➡️The life we are in is too short. You may have some valuable things in your possession that you need to entrust with someone.
➡️There are those who use escrows and they have had successful deals using them. To an extent they have been able to trust them.
➡️Your cryptocurrency portfolio might contain some valuable assets, that when you are no more and there is no other person whom you have entrusted the security details with, they will all be gone and wasted.
➡️Had it been Quadriga CEO, in the person of Gerald Cotten, had someone he trusted during his life time, perhaps, there would not have been any loss of fund. A lot of people would have been happy and would continue to bless his late memory.
➡️If it is possible, you can insure your portfolio, exchanges can insure the assets of users and the likes. Perhaps that will help to avert an unbearable occurrence.
★ Learn to trust someone, even amidst all odds, so that people will say good about you when you are gone.
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I have thought of this. Which is why I now have a diary, where I pen every details. From wallet details to exchange details. My children are still very young, but in carry my wife along. I trust her and I belief she cannot do anything to my hurt, when it comes to secrets like this.
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Not only bounty participants, but also investors are trying tone security conscious. I have observed that there are some projects that acquire people's identity, in order to trade them away. This is also known as a firm of scam. They will take your money as well as your details for peanuts. Sometimes, I also wonder how projects conducting airdrops also ask for kyc.
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You could make the argument that if all of the capital in crypto only had to be spread across 50 coins that that would make each of those coins extremely more valuable. In light of that thought, is the huge variety of Altcoins ultimately a good or bad thing for crypto?
The present state of the market cap today, most especially its value, is as a result of the increased number of altcoins that are trading. If the number is reduced, the market cap will also reduce. So that does not translate to increase in the price of the coins that might remain if the number is reduced. Our main concern should be that, there should be increased number of valuable coins, coins with good use cases. In that case, more investors will be attracted and will bring about increased market cap. |
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Our destiny is not written on an imaginary surface and not in wind. What we are today in the crypto space is as a result of the works of our hands.
- Whenever you want to invest or promote a project, do not be in haste, but take your time to analyze it.
- If you want to sell the coin you have, do ensure you think about it many times, so that you will not later blame yourself for selling.
- Get materials to study whatever you do not know.
Nobody can make a better decision for you than yourself. So learn to do the right thing at the right time.
do you know how to analyze that well? honestly I do not understand what criteria must be analyzed before deciding to invest. "Money is not easy to come by, being the reason why one needs to take his or her time to learn the basics of trading before investing. Talking from experience, as a day trader with lil experience, I lost almost 500$ within 10mins Have a reason for every trade Do not start a trade without clear reasons and a clear strategy for your way forward. The altcoin market is also controlled by large whales waiting patiently for you, a small trader to make a mistake. Therefore, analyze the market and be sure that you have the right reasons to start trading. Remember that for every gain someone makes, someone else loses. Instead of losing, it would be better not to trade at all and keep your investment. One needs to know about order books, candlestick chart, spread and depth charts, transaction fees, order execution delays, available volumes for the price you want can affect the outcome of your trade. In addition, most cryptocurrencies are in their infancy stage, which means most of them are in their developmental stage. Ensure that the coin you want to invest in is having active development as regards the product(s). A vast and active community is another important factor. A coin or project must have online presence with community members that actively trade it. Most times, traders who want to come in newly lookout for this important factor. Also, information is very vital. Search for the right source of information for the coin of interest, where you will get regular updates. This can help you to apply the rumour-news principle in buying and selling. Thanks for the well elaborated and helpful means of analyzing for to invest in. These are good basics enough for a newbie to be able to decipher between what to invest in or not. Even if there is any mistake, there will definitely be room to learn more. Experience counts when it comes to choosing the right coin. With time we get better. |
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Projects are gradually evolving into new forms and that is whpy we are seeing some STOs and there are projects that were formerly ICO changing to STO.
I think most of them are still the same, except that it is believed that STIO is regulated.
ICOs are not dead, because I can still see some succeeding despite all odds.
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This accusation has made me to be skeptical about the project. It would have been good if nothing of such had happened. Even if you think you are legit, an accusation of this nature has got your project stained and it will be hard for people to just trust you.
You would need a lot of efforts to defend yourself.
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If not because I was spearheading in most cases and was not afraid of making any sort of mistake, I may not have achieved anything worthwhile in the cryoto space.
When I started trading, lots of mistakes popped up and I almost gave up. Most of my trading skills, came from some trials, with mistakes and corrections.
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No matter how well established a coin is or no matter how good it might appear, I always prefer that whichever coin I am going to invest in, should have first plunged.
Invest in a coin that is going uptrend us not advisable, because you might be at loss if it eventually dumps again.
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I have always know airdrops tone full on bots, so I am not surprised at that.
At some points, I used to wonder how some people got their tokens in million, while the normal distribution per individual us just in hundred.
This also extended to bounty and a lot of not accounts on social media bounty.
The bounties that could not use bot were impersonating, duplicating other people's entries.
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All hopes seems to have been dashed when the announced hardfork got postponed, because a lot of people bought ethereum at that time and were waiting to get the hardfork.
When the rumour came, so many of them were not buying, not until when it was announced, which is the same as the news. So I was not surprised that some people lost. It's a lesson for all.
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The best anyone can do for himself now is to dispose off every shit coin, because you never can tell if those shit coins during the next bull run will means anything worthwhile. Investors are now more experienced. Most are looking for coins with good products. During the last bull run, just few people were concerned and could identify good coins with meaningful impact, almost everyone was just investing in just any coin.
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Some projects team or managers intentionally do this,knowing fully week that there will still be more than enough tokens left. To campaigns of this nature, they usually allocate huge amount to attract bounty hunters,but at the end, the amount the bounty participant will get will be fixed.
Sometimes,i t could've advantage to lower rank members, such as Jr. Member, because when using stakes based reward, the higher rank members, usually get most part of the allocation.
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My concern is that if the ICO fails after giving 40% of the amount meant to be given to bounty hunters in form already established coin, will they be angle to get it back, peradventure the ICO fails.
Although, if such rule is employed, it will make not only bounty hunters, but also investors will be confident of system.
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