I am not much of a fan of long term trading in crypto. See, if you're going for profit in cryptos with least risk possible, swing trades are the best option where you trade till one short term wave ends. In long term, your investment will go through many manipulation and uncertainty which isn't really healthy in case of cryptos. Also, earning greater percentage isn't that tough in case of crypto, so I don't really see a use of long term trade in crypros.
I also agree with you that long term trading is indeed less profitable compared to swing trade or daily trade. Because of the long term trading had to go through a variety of market manipulations carried out by whales, honestly this looks unhealthy to do. Especially long term trades the profit generated will not be as many as daily trades that can generate profits almost every day. This is the reason why I don't choose long term trading to use. But long-term trading will help make it less secure for less experienced investors. They may take longer to get profit, but they will not suffer a loss. Trading daily is very difficult for newbie and inexperienced people. They may lose money every day and it can make them hasty and continue to make the wrong investment decisions in the next days. I personally have seen a lot of people fail with trading daily and they turn to long-term hold |
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Yes, full-time trading is not happy anymore. I stopped full tie trading because I became totally alone and addicted. I did not like to meet with friends, always wanted to make a profit. Sometimes I met with my GF but I kept checking price or update news about my picked coin. I realized and suggested people that Full-time trading is not for everyone, money is not everything, you should lead a healthy life, so short trading is good.
You feel bored because you can not make a lot of profits when trading. If you have experience trading in this market and make a profit then I believe you will wish to have more time to be able to make more money. People in this market feel bored because they are at a loss and most of them are bounty hunters, this year bounty did not make them money so a lot of people gave up on this market. Btw your advice is also true, money is not everything. We have family and friends, so we need to spend time with these relationships |
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The ATH price was around $250, IIRC. The price will not cross the $300 because the short orders on the perpetual contracts are at the highest level. Probably, the fake breakout of ATH will happen and dump will be inevitable after the last wave of the trend.
And now the price has surpassed $ 304 and is still continuing to rise. I haven't seen any signs of BSV's demise, I don't understand why shitcoin bsv is pumped so fast. Perhaps due to the absence of investors, the price may be manipulated by the dev team and the whales. Everyone knows that this project is scam and nobody invested in it |
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Hi All,
This is not about scam projects. This is about the projects which fail to raise enough funds due to what so ever reasons. When bounty hunters work for weeks and at the last moment project announces that they can no longer run it due to insufficient funds raised, its nothing but a waste of time and energy for us.
In my opinion, should project teams have enough fundings before they look for investors? What is called MVP is very important for the users to check for before investing.
MVP will ensure that even if funds are not raised as expected, it can be delayed but not dead.
From your point of view, what other points are there which projects and investors both look for?
We know that MVP will help a project succeed or fail. But very few projects have an MVP before launching an ICO or an IEO, because those projects do not have any budget to implement their idea. So they need to call on investors through ICOs or IEOs, but unfortunately the current market is too boring and previous ICO projects have become scams. And it strongly impacts current new projects, investors are scared and do not dare to invest in any new projects today. |
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Definitely I willuse all that money to invest in bitcoin and wait for halving. We are heading to the 4-year event each time and 2 times before that bitcoin has risen more than 100%. and I hope that this year everything will be the same. The current bitcoin price is $ 8100 and if everything goes as I expected then the price will definitely increase to at least $ 10000-12000 when the halving begins.
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In 2019 Bitcoin rose to $ 13700 when everyone analyzed and thought that the bitcoin price would quickly collapse. And this year people expect the price of bitcoin to rise above $ 15,000 and surpass ATH 2017 because of halving bitcoin. That's why I'm afraid that this year there won't be any very strong price increases, if it is possible, bitcoin will only be able to reach $ 10,000 and will drop thereafter.
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$ 9000 has been reached in the past few days, maybe a correction will come to bitcoin going forward, I heard news about Qatar banning crypto currencies, if indeed Bitcoin could fall down
When did you see the bitcoin price reach $ 9000? Last week the bitcoin price reached only $ 8500 and then it quickly fell below the $ 8000 level. I haven't seen any exchange trading bitcoin at $ 9000. In the future it is possible that bitcoin will reach this price level but it is currently not possible |
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Your list is good, but I think you should hold more BTC because BTC is the biggest cryptocurrency in this market and its price will greatly impact the altcoin. It is best to use 40-50% of your investment to buy bitcoin, then use the rest to buy the altcoins on your list. In the long run you will definitely get a profit, because the altcoins you choose are the best altcoins in the market and as long as the bull market starts, everything will go to the moon.
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No IEOs have been running by major exchanges recently. It seems that IEO has not attracted the same participants as before because its profit is not really much. But for $ 300, I think you can't participate in any big exchange IEO because their rules are tough and you need a lot of money to meet those rules. So I think you should choose altcoins to invest in, it's best to look for altcoins that have IEO in large exchanges and the price drops many times to invest.
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I don't know if its the right call or not but i just feel like its better to sell my bags of altcoins for bitcoin, most of the altcoins i owned are not top altcoins, mostly new coins from bounties and I've seen coins worth of 2k turn 20$ while holding them, finally i decide to take out the losses and invest in bitcoin, if you are holding any altcoins that aren't good enough do not hesitate to sell for bitcoin to at least make some profits
If the altcoins you are holding are from bounty, it is best to sell them all as soon as possible and buy bitcoin or the top altcoins in this market. The price of the altcoins you are holding will definitely drop in the future and it is difficult to increase with the current market, which will be a great and right decision for you. |
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And in fact they did not implement this ban. I think they only created FUD so they could control this market because the Chinese mining plants still work so far and I haven't seen any companies shut down. In the near future China will certainly apply blockchain to the central bank system because they are developing and studying blockchain just like the statements of the Chinese president. So there will be no ban here, and they will certainly control this whole market
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news about important chat about bitcoin is often broadcast on national tv in my country, I often see them discussing other crypto currencies too, unfortunately I cannot provide much evidence but I see it all the time, they often discuss crypto currencies so that it will help bitcoin and cryptocurrency can be known by many people, free advertising that actually makes people who watch curious and helpless, what is bitcoin?
If this is true, I believe that bitcoin and cryptocurrency will be very popular in your country. Because it is advertised for free on national television and will help many people know and invest in it. In my country, there are no laws for this market, but there is not too much news about bitcoin. It seems that they are not interested in this market and do not want to be popular with the people |
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I see he is very active in tweeting about cryptocurrency issues, it seems that he is a fan of this market and I believe he also owns a large amount of Bitcoin. I wouldn't think this was FUD because he was so funny, I saw him a few months ago changed his name to DOGE founder, but he immediately deleted it later. Btw with a celebrity like Elon Musk, it's great that he is often interested in this market. Certainly the market will thrive in the future
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Agree with you that 2020 will be an important year for ETH, ETH will be updated to version 2.0 and this is definitely the reason why ETH will increase in the near future. In 2020, if bitcoin is pumped strongly due to halving, I believe that ETH price will also be pumped with ETH 2.0 news. ETH price in 2020 could reach at least $ 500 or even more
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This is one of the best bounty projects in 2019, they made payments every month and without any delays. In addition, the price of the token is also very stable and has not changed too much in recent times. But I feel sad that this bounty is not for everyone, only the best and selected people are allowed to participate. For those who are chosen, they seem to have a stable and paid job every month, which is absolutely to them
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What are some good ways to promote, distribute/sell a new coin? Please list some good techniques, so on and so forth. Thanks again.
If your project is invested by many large companies, you should choose and negotiate with major exchanges to implement IEO. It is the best way for you to distribute and promote your project. But if your project has few priavte sale investors and no partners then you should choose bounty to promote your project. But nowadays this promote method is not feasible and most projects have failed |
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Cryptopia was an exchange that i got x10 profits from ETN. sad to heard that exchanges has closed last year, one of the most profitable exchanges i've ever in. Do you think there many more exchange will be closes this year ? i saw many scam-indicated exchanges this year but not confirmed yet, we hope cryptocurrency environtment this year will less scam
Like me, Cryptopia has helped me to gain a lot of profits in the end of 2017 and early 2018. I have received more than $ 20,000 from investing in Gobyte here. It's sad to see this exchange shut down due to hacker action, and the project I once invested in has also died. This market is now very difficult for new and small exchanges as well as altcoins |
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In this market, you need to be calm when trading. If you are impatient and not calm then surely you will only take failure and continuously lose money. First you need to learn how to control yourself and keep yourself awake, because you have made a profit in this market so I believe you will quickly recover your previous investment with a stable mind. In this market failure and success always go together so don't be scared and discouraged. Failure will make you more experienced and in the future you will not make that mistake
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Maybe you can try the simulation trading first,I don't think it's that complicated.You can experience simulation contract trading without any cost. I found there was a exchange has launched ETH / SUSDT, EOS / SUSDT, SBTC / USD and BTC / SUSDT simulation trading pairs. https://www.bitget.cc/en/Is there any difference with margin trading or not? and it's really hard to use the exchange you've provided because I've never seen your exchange before and it looks like your exchange has just been established. I will not risk using this exchange until it is verified as safe for everyone |
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today I read the news that Iran has warned about "more serious revenge" against the United States. such statements are not some kind of joke and what exactly they can do?  I believe that 2020 began very poorly if you look at it from a political point of view. If the disagreements between the US and Iran will continue, this could end badly. How will this news affect the market? can they start to sharply raise bitcoin at the price? if bitcoin will grow fast, then altcoins will be even worse  I have yet to see Iran's response after the US president appeared the day before. If you have any links pointing to Iran's claims today, please let me know. I am very curious what they are doing with the US sanctions plan for them. If Iran is still determined to take revenge on the United States, I think it will be a bad choice and it will make people in Iran suffer. |
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