I do not have many plans except invest in some altcoins that have promising future. As the market is severely in pain with many coins decreasing significantly in prices, it involves both risks and opportunities. Opportunities because we can get more coins with even a small investment as prices of coins have decreased to their lowest level.
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Proof of joined post Bitcointalk username: sjbi Campaign in which you participate: Signature ETH address: 0xce81A70B963c0F396B1760bAc27Bab7CA74a3445
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I do not think the first quarter of the year of 2019 considered to be a good year for cryptocurrency will be enough to judge performance of coins. But more or less, there will be positive signs for cryptocurrency with regulators showing their positive stand toward it. Institutional investors will also show their readiness to invest in coins. Likewise, many people will pour into it, thus making it a big venture. Regulations will be in place, thus making it stable and even more stronger.
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Both risk and opportunity involve buying undervalued coins. If you buy established and reputed coins with strong team and technology, your investment more or less is secured and the investment will be in the long run. But the opportunity to buy coins below $ 1 is that they will rise dramatically in prices making you riches in a short term. So I want to suggest you that you should divide your investment in already established and reputed coins and coins below $ 1.
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Your decision is right. Long term rather than short term investment is secured and good one. If you ask me to recommend coins that have good future and they will give you good returns. Here are some of the coins that are good. Ripple, ethereum, stellar, cardano, tron, EOS, NEM. Of them, the best are ripple, ethereum and stellar. You can buy ethereum now as it has declined to its lower. It is projected to hit $ 1200 sometime in the year of 2019.
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Yes you are right. Panic-sell will not only lower the market, but also empty your pocket. There are many factors affecting the market from time to time. Some of them are bad news surrounding cryptocurrency, regulatory measures, uncertainty of cryptocurrency, some people speculating the market to serve their self interests. The latter is very much dangerous. There are such people who speculate the market so that they can gain more profit. So be aware of them.
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It is universal truth that you should never miss an opportunity that will make your future better. But you have said that when people are weak and feeble, they generally miss opportunity knocking on their doors. And you are of the opinion that one should not miss opportunity regardless of their weakness. But in my opinion, love yourself, your body. When you are weak enough that you cannot handle any work, you may leave it. If you are capable, opportunity will chase you. In cryptocurrency, new opportunities are coming. But you need capacity and crypto knowledge to grasp this opportunity.
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It will be always good to invest in good projects so they will give profit in return. But in case of cryptocurrency, it is really hard to find a good project, and I think none can say which project is good. However, project's team, technology, its reputation should be taken into consideration before making any investment. In my case, I am always on the lookout for a good project. I think Allabout.me and ethereum are good projects.
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Thank you for making us cautious. In fact, cryptocurrency is being misused only to collect money and run away. We have heard that many new ICOs are fake and they are designed to cheat potential investors and bounty hunters. I am one example of such cases. I have been cheated by many fake ICOs. So it is high time to do something to control it. Maybe it will be strict regulations that can control such scams.
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No it did not give surprise to the entire crypto world although its prices surged as compared to the past. And I think, throughout the year of 2018, many coins will fail to make gains, and many new projects would disappear due to their failure to compete in the market. Regulations will take place, and it would do good than harms to cryptocurrency, helping it become stable and more stronger.
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It was true that the bull run did not dominate the market towards the end of the year of 2018. But in fact, bearish trend took over through out the entire 2018. The year of 2018 was considered to be the year of regulations, affecting the market overall. But the year of 2019 is perceived to be a good year for cryptocurrency, as the year is expected for many countries and regulators accepting cryptocurrency and to be attracting institutional investors.
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If the number of new ICOs grows over the time, will cryptocurrency be strong? It is not like that. Rather controlling fake projects will help cryptocurrency flourish. So there are regulations in place to address that matter. It is true that the number of new projects is decreasing lately. But it is for good reason. Fake projects are being discouraged. I think new ICOs will not die as long as they are genuine.
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I think a big no to your suspicion that ethereum will die if Vitalik leaves. Another better person would replace him in case of his departure. It maybe his departure would affect the project a bit. But it is unlikely that the project would die. Though a good team is crucial for a project, the project is not necessarily dependent on one member of the team. There is a system in a team, and the project will run on that system regardless of a member leaving. But good news is that Vitalik is not leaving.
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I do not think so as the end of the year of 2018 did not see any increase in prices of coins. Even if the market swelled towards the end of any years in the past, it would be just a coincidence. In face, in my opinion, none can know when the market got bullish trend. But unlike in the past, the market will never make you riches overnight as it is correcting itself and becoming stable with regulations in place.
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It is true that ethereum is increasing in prices in the past few days with its hard fork in place, and I think it is good news for investors, the project team and crypto enthusiasts. Ethereum is really good coin with a strong and good team and technology. But it had been suffering the free fall of its prices in the recent past as the market is or was in pain. From now on ethereum holders and bounty hunters may reap benefit from the hard fork of ethereum.
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As the world is manipulated by social networking sites like Facebook, twitter, youtube, telegram. And it is obvious that the good marketing tools for any project is social networking sites where many people spend their time. Bounty campaign is also good option as people talk about bitcoin forum when it comes to cryptocurrency. Personally I would prefer facebook, twitter and youtube to promote my project (any).
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Yes I agree with you on this point. This moment is not an end to the crypto. As far as coins decreasing in prices, it is natural for the market to go up and down given its volatility. As compared to some four or five years ago, the market is still in better condition with many coins increasing in prices. What should be kept in mind is how the crypto is becoming mainstreamed business. So far it has come this far where many people and countries are accepting its importance. It is good news.
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It is just hypothetical question just like why you are studying, earning money, getting married as you will die one day. If something happens, it happens who can prevent it. The same can apply to stock market. And the same question arises. What will you do with your holdings if the stock market will correct itself? As for me, I will hold my coins until they get increased in prices. And I know that the market will increase and decrease from time to time.
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