To the ongoing Bull trend of Ripple (XRP), It is likely to gain 90% more to the current price of $0.2897 USD, with 0.00003475 BTC in terms of Bitcoins. XRP is more likely to push upwards and predicted to beat Ethereum to take its place and be ranked #2 in the cryptocurrency market. XRP has a market cap of $12,517,129,114 USD with total supply of 99,991,330,383 XRP. The return on investment (ROI) for Ripple has stood at a whopping 4,836.66%. XRP has gained a total of 28% since the end of September and is residing in its trade beneath Ethereum. Read More: https://www.thecoinrepublic.com/xrp-is-likely-to-beat-ethereum-to-get-crowned-as-2-in-crypto-world/Would be still really hard to determine at the situation we are currently experiencing. There are many promising coins to invest at this moment that the prices are still low but what scares the investors is the risk of losing profit since there's no assurance on when will the market recover and what coin will experience the recovery. No matter how huge the expectations are, the reality would still matter the most. So just wait for now. |
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An open question to all bounty hunters. What makes you still join the bounty campaigns?
I was the regular bounty hunter in 2017 and early half of the 2018 but once 80% of my joined bounties started to turn scam without paying a penny, I dropped the idea. By looking the current situation, I can conclude that the situation has now worsen and the success rate of bounties is now dropped to further low. So my question is why you still join bounties? Are you getting paid? If yes, then which one gave you best rewards this year? Who is the best manager/s currently in bounty domain?
Some do continue joining bounty campaigns because of lack of other option. Investing to projects would be hard and is too risky at this moment due to the negative market situation. The best way is to earn from a project of your choice without investing into it, which is through bounties and airdrops. So atleast, if the project won't be successful, you'll lose only your hardwork alone. |
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I just want to know, about market issues.
1. Reasons that make you survive or still believe in this market?
2. Is this what is called a market cycle, I mean back to the time before bitcoin reached the highest price in 2017? or maybe like 2014, 2015 or 2016? because I'm not there yet.
3. Why has the recent rise in bitcoin prices not affected the market situation for the better or had an impact on the rise in altcoin prices?
4. In your opinion how to overcome the market situation so that it can be stable again?
The reason that makes me stay despite of the negative market situation is lack of choice. If I would let go of my investments, I'd earn nothing but loss. With regards to cycle, the problem is lack of assurance that same thing would happen or the opposite, or worse. The market value seems no longer connected with each other maybe because of volatility. To overcome is to be patient, that's it. Those who would let go early would lose and those who would hang on to market situation will have the chance to win. |
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If you are not new to crypto, for sure you have already heard such assumption before. Litecoin is indeed one promising crypto and so do the other coins from different projects. My point is that, it would be risky relying on assumptions and expectations simply because of lack of assurance. Keep in mind that the market is volatile in nature so it would be hard for anyone to determine the future of a crypto.
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I feel cheated ... but the fact that every project that promises or claims tokens will eventually increase at a very high price is just nonsense ...
in a statement on the road map they promised to use project funds for further product development, but they were only trying to take advantage of the investors' black money ...
what they have to do is develop their product further, not just start doing it or say all the sweet promises ...
maybe it's one of the things they have to reconsider, if their project wants to be successful and the project product can be sold out in the market ...
I hope I'm not mistaken about this.
Sweet promises are simply their market strategy in order to catch the interest of the investors toward their project. As an investor, one should know the risks on his investment such that there is always a chance for profit loss especially with regards to investments concerned with crypto which is having a volatile market value. The problem is not with the projects anymore but to the market situation itself. Projects keep on failing because the market is having a hard time to recover. |
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Hi fellas i am back again to throw a question at you all, this time i want to know exactly what will happen to coins and tokens that are listed on exchanges with no volume or too low volume after market start recovering, or if altcoins start surging in value, will these exchanges automatically have volumes due to the market surge or they will stay the same  ?thanks It does depend but more likely, it such coin would have market volume and once it meet the demand, surely, the market value would also go up. But what's sad at this moment is that, the market is accumulated with red marks. Downfall still is too obvious to most of the cryptos so probably, this is not the right time to assume such thing with cryptos which are having no market value movement. Let's wait for positive things to occur and see how would it affect such coins in the market. |
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The situation in the market is indeed frustrating but I don't thini selling at this moment due to panic would be the solution. There are still cryptos worth holding despite of the fact that most of its market value keeps on falling at thid moment. We never know what would happen before this year end so for now, holding I think would be a better thing to do than to sell out of frustrations.
I agree. Selling won't aid the problem in the market and it could even turn into worse because the market value of cryptos would continue falling. With regards to the assumptions before this year end, same thing happened last year as far as I remember. Due to continuous dumps, people came up with an idea that the market will recover at the end of the year but the total opposite happened which resulted to more frustration. Just hold and wait. |
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In the course of this year, ethereum has mostly not been promising due to the many disappointing times we have experienced. Sometimes, it even become very difficult to know when to hold or sell out some ethereum. All the same, many people who trust in altcoins have kept some great faith in ethereum and that is an amazing motivation that ethereum can really bounce back and be the strong force most hodlers wish for.
As we can see, it is not only ethereum which is suffering from the market volatility this year but most of the cryptos including Bitcoin. Indeed, trading and investing right now is way too difficult to initiate knowing that one move can lead to huge profit loss. The best thing for sure is holding and to patiently wait for a bit of stability when it comes to the market value of cryptos. Who knows, right? That there could be a miracle before this year end. |
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Obviously, the best time to trade is when the demand and market volume are high. This for me, is ideal which is the total opposite of what we can see at this moment. The market downfall is really frustrating. Some of the altcoins are listed but are having 0 volume which makes some of it nonprofitable. Most of these tokens are from bounties a year ago. Definitely, this is not the right time to trade your holdings.
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Several Altar Coins have gone up in price.I think the price of Altar coins will rise very soon.Past market analysis suggests that the prices of Altar coins increase slightly in December and January. Do you agree with me?
It would still be hard to rely on expectations and speculations. Just remember what happened last year wherein most of us have expected something big to occur before that year end, which pushed many investors to invest on different cryptos. The outcome is really disappointing to most of the people who invested that time because continuous downfall became the result which yield to huge profit loss. If ever positive things would come, let's just patiently wait to avoid mistakes. Also, not all alts would be able to cope up this kind of market situation. |
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Reasons why i prefer mining coins than investing a dime on IEO/ICO projects
1. My profits is assured.
I dont have to wait for a project to do x3 or whatsoever to get profits on my invested cash,with better mining rigs and good calculator you will know when your ROI will come.
2. No worries of getting scammed
I dont have to investigate an exchange before investing or wasting time doing research on projects before investing,all i do is mine ETH and sell for fiat or decides to hold for a little while.
I actually like your idea about mining, it surely does have advantages over investing to projects but I think it has its own limit. I honestly did not experience mining simply because I don't have tools for that or simply, it is more expensive, I think. That is maybe the reason why I hooked myself into project investment more than other ways of earning cryptos. But the bottomline here is that, at times like this, almost every way of earning profit from crypto before seems so useless because the market value of most cryptos are continuously falling. |
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Just wanted to get your thoughts on this matter. Can the name of a project provide significant benefit or detriment to a project if it is appropriate/unappropriate or unattractive/attractive -sounding?
I am not sure how much of an impact it has.
In my opinion, the name of a project would really affect the investors whether they would invest or not. In the first place, what should a project name should imply? Ofcourse the platform it of the project or what the project is all about. Some projects' sponsors are even indicated. The tendency in this case is that, investors would trust a project more which is backed with a popular company or sponsored by popular personalities which would give a higher tendency for the project to succeed. |
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It's hard to invest in a new coin with the so many scam reports about new coins, they are promising a lot giving a new concept and making huge promotion about their coin, so you'll just invest in their coin
How Sure Are You That You Invested In A Right New Coin?
Hard to tell, to be honest. The market itself became more complicated this year. Most of the projects are failing after their period which left investors nothing but loss. Determining if your investment is either right or wrong, I think, would seem to be impossible at this moment and it would be more advisable to just invest on cryptos which are already in the market for years already because these coins would have a higher chance to recover when pumps take over market downfall. |
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In the present days the BTC market is going down and there is some fluctuation in the price but that is just to test the patience of the traders and the investors because when the big fishes wants to invest the price just go down and they buy the BTC at low price and when the market recover itself and come to the original state then they just dump the coin and make a heavy profit.
I would suggest that you keep a strong patience and set tight. Market will recover itself.
Do you think that i am right? Go ahead and share you thoughts about the current market situation and your point of view.
It is not that easy. Those who panic at times like this have their own reason; they might have huge loss with their investment. We cannot blame those who wanted to "save" what's left for them through selling their holdings. The market situation is just that stressful to see knowing that the situation last year is the exact opposite. Investors might have still be in shock of the sudden downfall not only in Bitcoin's market value but of the whole cryptomarket. But I would agree with the idea that holding is the best thing to do right now. |
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It really is having a hard time this year. But to make it clear, most of the cryptos are suffering from the downfall at this moment. Who suffers the most are investors who has no choice but to keep on holding despite of the negative scenario that we are currently witnessing. To sum it up, the market still is volatile in nature and highly unpredictable, so there would always be a chance for changes which could either be positive or negative. The best thing to do is to wait for that change to occur.
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this is my current investments. do u have any suggestion
20k$ = BNB
20k$ = ADA
20k$ = EOS
20k$ = XEM
20k$ = NEO
10k$ = XRP
I'm sorry but I don't think selling your house for an investment would be a good idea unless you have another properties. Also, I do also not suggest this period in the cryptomarket wherein the pump in the market is so difficult to foreseen or predict which simply implies investing to any crypto has no assurance of earning profit. I am not being pessimistic, in fact I have holdings of many cryptos from campaigns last year. But if you are that much determined, I would suggest investing to huge alts, or those which have already established large community of users such at ETH, XRP, NEO and the likes. These are the coins which are more likely to pump when recovery of the market occur. Just my opinion. |
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These altcoins or shitcoins has become an eyesore every time I checked my wallets three wallets full of shitcoins, I'm desperately looking to trade or dump these altcoins, because it just reminds me of wasted time and money.
Are you also desperately looking to dump your altcoins.
Definitely Yes. Just a proof of bad the market have become within just a year. As far as I remember, coins upon being listed would already have a volume which makes it easy to earn profit - last year scenario. But what we are witnessing at this moment is the exact opposite. Some cryptos are not even listed to any exchanges after months of the project's campaign period. There are some which are listed on some exchanges but are having no market volume. These kind of coins have accommodated my wallet for months or a year already and it is really disappointing and sad to see how the market is behaving at this moment. Still hoping for some positive news before this year end. |
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Just my two cents, I don't think Bitcoin would make it to $20,000 before this year end. Same thing happened last year wherein the market was dominated by continuous downfall, despite of the expectations, the market value still did not meet the expectations of the majority, which I think is nostalgic. This would only be possible if a miracle would happen or something would trigger the continuous pump but ofcourse, we should keep in mind that we are 3 months away before we enter 2020. Better not tempt yourselves and stick with holding still.
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I just find out that some coins might start with very low volume and marketcap and end up growing big? true or false? i tracked back some old coins that start with trading volume around 6k and end up in millions, is this still possible today?
No one really knows. You'd only get assumptions with regards to this. Even if the scenario at this moment is quite the same with the situation years ago, things are different in general. For example, the market value of some cryptos have already grown big compared to their price before which means the market itself have met the popularity already unlike before wherein cryptos have just started. This for me, is a huge difference which is a factor for the different outcome. But the bottomline here is no one really knows if same thing would happen; it might be better or worse. The only thing we can do is to wait and observe. |
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I can relate. In my case, I have engaged to many projects last year and ended up with nothing but coins in the wallet. Most of it are having no market value so trading it is not an option. I have no choice but to hold. But for those coins and projects that I have invested is what makes me disappointed for doing so. Just reality check, market volatility is in nature with cryptos. Investing also has risks in the first place. The best thing to do now is to just wait for positive changes and be patient enough to make a move at the right time. |
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