Because long term holding pays off much higher in returns. With short term trading you can buy free lunch but with long term trading you can find yourself buying whole new car or similar big things..
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I would answer this differently for every other rewards. There are obviously supreme projects in forums that you should never stop holding. And there are weird bad coins that you should dump as soon as possible..
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I still believe that top coins are going to be lot more useful and important and it won't change much. By this I mean ethereum, bitcoin, litecoin, monero, stellar, eos are probably still best coins to invest..
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There is no clear way to 100k. There won't be any best advices or there won't be any guides. You should work hard to find underrated coins, buy at right time, sell at right time and.. REPEAT. Its all about this process + luck..
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I think erc20 tokens are one of the most important things what made eth, Ethereum.. (You get meaning) Do erc20 tokens work? Yeah they work great, you can trade them, you can use them etc. They are pretty much safest innovation in scene.
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I think this laughable audit cause cardano has nearly no products. EOS is also something legendary on paper but in REALITY? Who knows.. Ethereum is lot better coin than bitcoin but definitely not others. Others aren't important.
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Mining is in my opinion too much time and wealth consuming process. You need to be very proffessional at that coin to mine that efficiently. On the other hand buying off coins is so much easier, and you can do it in no time..
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I am %100 sure everyone will come here to say their own coins and you will be confused. So you should choose coins on your own. Do your own research please, we forum members are not that trustable sources. By the way ethereum doesn't need any research, you can buy it blindly...
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Ripple investors are beliving in miracles I guess. NO guys it won't reach 10000 dollars, it will reach million dollars(!) Just kidding. Ripple is top coin and it will hardly move anywhere until perfect news come from source.
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It is for you to decide my friend. Its not very safe to buy new coins now. But also consider as risky chance to do 2x to 5x in long run. Coins you buy now will create uber awesome profits in future..
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It is very hard for me that I was never truly patient person. I always dumbed every money I got in past now I am blaming it on my bad spending habits. Holding with patience is key to success in these markets.
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Ethereum is obviously proven blockchain and coin at the same time. EOS is new guy in scene, so its bit hotter than ethereum. But I guess I prefer ethereum over EOS. I prefer classic coins in general.
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I am observing there are many many new coins/tokens coming on this platform and its uber awesome exchange. I think it is critically acclaimed exchange and regular users prefer it. Shares will gain more value.
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You should be very careful when trading in cryptocurrencies market. Sad weird thing happen all the time so you should stay patient. This is my only answer to this. Money business is no easy, you need skills as well.
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Yeah well I pretty much think this year there won't be any huge bull market so ethereum may only hit just bit more of its all time high. 2000 is possible so. But who knows ethereum is bigger than other altcoins.
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I am into crypto businesses for both things: Technology and money. For technology part I love to give money to people who are working on high tech cause it makes our lives better. For money part, I love to share returns!
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I generally join telegram accounts of newer projects and follow news. For older ones I follow their blogs, medium accounts etc. so I can be informed. Good coins stay hardly unidentified so I try to buy earlier.
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Yeah I pretty much enjoy being part of this new technology. Its quite great and products we use are awesome. In matter of time we will see huge correction and pump many investors will be reach.
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I have known a guy who invests into coss like he loves it. I personally love any exchanges with these type of coins cause it gives incentive to users, without any guesses: Buy some coss and hodl. It is good coin.
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I think beginners shouldn't ever use technical analysises. First technical analysises don't even work for bitcoin. Terrible at guessing of altcoins too. Its better to learn rsi and macd and just use them for long term, not anything more. Candlesticks too maybe. (which isnt tech analysis)
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