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I firmly believe that beginners don't need to technical analysis because shouldn't try trading. Trading is for seasoned pros and institutions especially in crypto space . So refrain from doing trading believe me it will cost you.
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Yeah that's like the basic rule, only keep coins which you manage and follow the development continuously.Else you might miss out on something like swap or project update and may even forget it on the exchanges .
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Don't expect people to help you on picking out a project . All we can do is nudge in the direction. Have a look at supply chain coins or medical coins and pick a couple based on the team and partnerships till now.
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Yeah it is quite possible that we may hit the bottom for btc in 2019 .The market is in a big correction phase after super huge bull run . But correction is good as long as it leads to adoption
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This is not something out of the blue .The rose of Bitcoin was happening for a long time 3 years and then people started pouring money into it leading to abnormal growth. Now we are seeing the pull back and after effects of it.
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The major reason for the dip in altcoins is this , there were too many shitcoins and scams which came up in the bull run and all those coins are going for a toss now. Let's hope this bear run weeds out those useless coins.
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Contrary to the post I don't think we are going to see a bull run in the first three months of the year. At the earliest i expect a bull run to happen in October /novermber and it would be a minimal one .
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As OP said projects are scared to list the token in the exchanges due to bear market and some teams are even postponing their TGE after collecting the money . While their intentions maybe to save the investors it creates a bad feeling when they delay it too long.
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It is too greedy to expect ethereum to rise to 1000 $ immediately after hard fork. But the hard fork itself is pretty exciting and I expect it to definitely have an impact positively on the price of ethereum
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There is one thing which is definitely sure is that the future will be of digital currency whether it is a currency controlled by the government or if it is in the decentralized form is the question to be answered.
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It has nothing to do with the ico. Almost all the ico that started in 2018 are down by 80 percent . Many ico's are even dead and some have scammed people .That's the risk you are facing when you invest in upcoming technology.
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For the foreseeable future Bitcoin will undoubtedly remain number 1 crypto currency.I believe two reasons for this
1.first mover advantage
2. Almost all exchanges have btc pairing so it creates massive demand for trading .
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I have always maintained that supply chain is one of the first industries which will being blockchain adoption .So have a look at Ambrosus and VeChain .Also have a look at origin trail, it's a bit different to the previously mentioned coins.
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Everyone who invested in 2018 is rekt including me that is .Let's hope that 2019 sees major adoption of Bitcoin in at least couple of big countries and brings a bull run.
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Looks like the depression is going to last longer than what we were expecting it to be. I hope that it doesn't go further down and it consolidates are pre Dec 2017 level. Hopefully we see a bull run before 2019 Dec.
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I think 120 dollar for ethereum was a really good time to get into the market .If you didn't invest at they time then I would suggest to invest a small amount now and wait for couple of weeks to see how the market moves.
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Excited to join a promising and much needed fork
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Well if the ico is a scam then you have minimum chance of getting the money back.For all intents even if the team is good but it the idea becomes outdated then you stand to lose your money as well.
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