I want to hear your opinion about changes in current market conditions. Has the bear season really ended and changed into the bull season? Then how do you make a strategy in trading. Buy large quantities of altcoins? Share your opinions to share experiences here. Thanks.
I guess the long bearish market season is over now, bitcoin price has surpassed the 6k USD resistance few days ago. And looking at the market now, it still have potential to rising at anytime. To deploy a good trading strategy, maybe we can buy a coin when the correction come. After small correction, usually the next bull wave will come. |
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Now that bitcoin is at 7000k plus is mining becoming profitable again? Or bitcoin still have to surge more in price before profitable mining returns?
Bitcoin has surpassed $8000 and i think mining bitcoin is slowly become profitable again. But don't forget, when mining become profitable, many miners will come and mining again. This will make the difficulty of mining rising, and miners will get less from mining. |
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How do you respond when the tokens that you store prices continue to decline? whether you will sell as soon as possible or will hold until the price rises up again. Panic will certainly come over, but it doesn't have to sell. What do you think. Thank you very much.
The market condition is green now. If your token price keep falling, then there are something wrong with your token. You will never know who is keep selling the token to get their own profit in the green market. Anyway, you better do research about the project, the token supply, the team and the whale investors who hold big portion of token. |
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Right now, HODLing is making me some pretty good gains. Before I HODL'ed, I was using Wolfpackbot tho. Some days I was gaining .5% and others I was gaining closer to 2%. It depends on how the market is going tho. Sideways markets seem to work well with the bot vs bull markets and investing/hodling. What would you guys suggest? What are you guys using to trade? Do any of you use bots like the Wolfpackbot?
I think there are already many bot trading software that you can use for automatic trading. but be careful, some pump and dump group can create bull trap for bot users. Between trading and holding, i prefer holding because not much time consumed for monitoring the price. |
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The rebound by cryptocurrencies across the board since the beginning of Q2 2019 has continued. Paying attention to the significant surge in ETH price in the last few days reveals that the second ranked cryptocurrency registered an 8% rise in value in the last seven day. This has motivated participants in the crypto market to ask the question: What will happen to Ethereum price in 2019. Read more here : https://www.cryptofish.com/blog/what-will-happen-to-ethereum-price-in-2019/I think ETH price will following the market price, many coins has rising in the market now. But if ETH developers keep developing Ethereum network and adding more updates, it will bring the price up. I wonder what kind of market we will facing at the end of 2019 later. |
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What are your views on the current state of Crypto currency markets ? How does the future looks like?
The current state of crypto market is good, it show a positive trends often recently. I think we cannot predict the future of cryptocurrency, anything can happening in the future. If crypto will be massive adopted by the world leading companies, then it will be a great future. |
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Now a days so many spam coins in the market . I'm varied to invest
Indeed there are many coins in cryptocurrency, the more coins created the more difficult to choose. I think if we want to buy new coins, we must wait at least until they have been proved as a real project. So we must have patience before buying, and use our time to researching and evaluating the coin. |
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There is no year that crypto currency won't make pple smile (profits) and cry (losses), simply because crypto currency cannot make everyone happy at the same time.
Even in the bull market year like in 2017, it could make peoples cry because they already sold their coin before the bull come. 2019 is not the best year for cryptocurrency, but at least it is better than 2018 because the trend market seems like keep positive now. |
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Anyone who use mobile wallets?
I think it is very dangerous.
Any wallets other than your wallet, are have potential to be dangerous. The safest wallet is your own wallet, such desktop wallet which you need to download the blockchain database first. If you are using mobile wallet, the private key is not on your possession. |
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ICO is not a guarantee that the project will be successful, because most ICO projects are still limited to concepts and do not have clear references,
but projects that don't make ICO or premine are usually serious and good projects.
and I also agree on this, what about your opinion?
Some project can be successful even not reached hardcap, so the project success won't depends on it. In 2017, there were many ICO's hit hardcap and it was a successful ICO, token value was not dropping after, because many peoples were buying. but now, it is very rare to see such an ICO that hit hardcap in this long bear market. |
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I invested and joined as bounty hunter in many ICO which has good concept, experienced team members and also good hype but after listing price drops very much. Some of project also not recovering since long time. Any comment.
If the price of your token dropped very much after it listed in some exchange, then it means there were some investors sold the token. But peoples usually think the dump was because many bounty hunters sold their token in the market. Well, it is not impossible, but a large investor will have more chance to dump the token. |
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Crypto market in general is heading to 200 billion USD I think we're getting very close to what we all call a bull run
You are a bit late i think, because bitcoin price already increased more than 10%. Maybe you can buy other coin beside bitcoin, other coin than bitcoin not increased too much, and will have more chance to increasing more. |
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Which perks and features should one look for in a wallet?
Thanks in advance
There are many wallets in cryptocurrency, usually it will start from the wallet released by the dev of the coin. If you talk about Ethereum, i confirm that the most simple wallet is myetherwallet. But you should look for wallet that have a very good security features. Even top exchange like binance, the wallet has been hacked. |
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And now what is your opinion about decentralized exchanges after this event? I think people will finally consider the DEXes more seriously.  That is right, i have never heard that decentralized exchange has been hacked. Many centralized exchanges has been hacked in the past. Maybe centralized exchanges need to learn the security of decentralized exchanges like IDEX or Forkdelta. |
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NO bro, it is impossible. If it was possible, then the coins that trapped in the wallets would be able to be retrieved back.
Cryptocurrency is one way encryption and there is no way you can do reverse engineering on it.
That is why we must save our private key so we won't lose it.
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If i have more money, i will spend it to investing IEO in some good exchanges.
We can see the advantage of IEO compare with ICO. One of the advantages is, you can be sure that the token will be listed in the exchange.
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Often times, people ask questions as to which best time to invest in altcoins or crypto coins. And I keep wondering if there is always a speculated time to invest in those coins. Early this year, I invested on one cryptocurrency. I was blamed seriously for investing on that particular coin at that particular time. This coin dumped till it almost disappeared from my wallet. I blamed myself continuously and I keep asking myself this question; is there any particular time to invest in these crypto coins? Please feel free to contribute your own opinion.
Usually peoples will investing when the cryptocurrency is on a good time, like in 2017, when crypto has a very great value. But i think we should do the opposite. Investing in cryptocurrency, when the value is on the bottom. So we can sell it higher and get the income when the crypto value start to rise again. |
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Hello all,
Probably you've heard the same question every day, but I'm a bit confused...
I've got some money to invest, I'm following some coins from months but the prices doesn't change.
What I mean by ,,the prices doesn't change,, let's give ETH as example in the last 2 months the price was between 92£ and 129£ and I don't know if is a good idea investing... Please change my mind and give me some options and opinions please.
Thank you.
When you want to investing, you will have to wait for long time and not only 2 months. You can see peoples who bought ETH few years ago, received their profit by keep holding the coin. Cryptocurrency value is volatile, it can goes up and down in short time. |
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Well, there were never a guarantee that the token price will keep increasing if you buy from IEO.
IEO is same as ICO, a long term investment, and we should hold our token and let the team doing their developments.
When the products of the project are released, the token price will increasing fast.
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You cannot say a coin is scam just because the price has going down -50%++.
I saw few coins which the value has dropped more than -80%, but they are not a scam coin.
Maybe because there were some pumps in the past, peoples bought it and the others dumped it later.
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