I once made more than 30 ETH at the end of 2017 which was sourced from bounties and trading profits, but unfortunately I sold all of them at around $200 when there was a bear market in mid-2018.
maybe i have more 200eth when golden moment for bounties, we never know this cryptocurrency will growth massively like this and ethereum or other cryptocurrency price climbing crazyly. maybe we know crypto market will be like this , our crypto assets never sold earlier and today most of us become millionare. but regret will coming at the end , and we still have chance to collect eth from any bounties or airdrop program. |
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I'm sure many people here have the same mistake, that is not selling altcoins when the price is at its ATH in 2021,
because that's what I felt and really regretted it! I don't know if I can recover or not, because I'm really frustrated
at that moment we were to confidence bitcoin price will directly hit 80K and followed by altcoin price , all position hold and not take profits at all. greedy make us loss our profits and maybe some of this position become negative floating. this is important lesson for us , always take profits to make our balance growth no matter it show slow progress. |
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Not 2022, not 2023 but the present day, every day is the time to buy and sell. Only strategies and and sometimes luck can be more effective in buying/ selling of any currency. But the end, I suggest only Bitcoin to buy.
bitcoin was worthed to acumulate in several months , as we see its price will finally bounce when make normal correction finished. Alot altcoin in dip now so we have good chance to buyband and store it till the next cycle. |
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If we dare to take risks then I suggest to spread $ 1000 to buy 100 new listed coins, I'm sure about 20% of the 100 coins we buy can pumps up to 10x so we can get big profits, I once bought about 30 new listed coins with value around $ 450 and after 2 months the portfolio from the 30 coins increased to $ 830
i thing 100 coina too much and over, we will face difficulties by hold more than 100 coins, how to get annupdate from developers team. $1000 was good amount for crypro inveators ? Its was good amount to atart inveating. |
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Tell me a project you missed the biggest opportunity on that could have changed your life today...
In 2019 many people hate HEX and called it Ponzi scheme, I have more than 50$ to risk on this coin at the time, I bought some and I got 500,000+ HEX, this cost me around 11$ or so and in November 2021 one HEX turned 0.55$, that's whopping 280,000$ or more.
thats huge return dude with your $50, personally i get it too and i am prefer sell it due fud impact. Less knowledge make me miss opportunitt and trapped on fud. Hex be amazing coins that growth shaprly in leass than 1 years. Earli selleer will regret now probably. |
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It seems that it still takes time to beat Bitcoin, if we count then the Bitcoin marketcap is still 2x from ETH, but a good thing is this week the increase in ETH is more than 14% while Bitcoin is only 2%, if the trend like a week continues to repeat then I'm sure the end of 2022 the difference Marketcap with Bitcoin is no more than 10%.
maybe bitcoin could be altcoin in this mid bullish trend, it eth price could maintain its growth another altcoin will follow. Strong fundamental that released and eth fork be main trigger at this moment. Eth price currently maintain from dump although btc dumped.this year will be golden moment for eth. |
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Hold is the best option to make us get a big profit, the potential for cryptocurrencies that continues to grow makes me never hesitate to hold longer, of course not all coins can be held for the long term but I hold coins that already have a top 15 ranking.
as long as we believe and confidence with our analisys about coins that we hold for long term it will not gonna be problem for us. As we know to he long term investors wasnt no easy alot thing to do such as market volatility that may not suitable with our bexpectation |
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I heard that some bounties fail to pay participants at the end of work. Considering this senerio, how can one know which bounty is a good to participate in?
If bounty participants get paid with the coins or tokens they develop, there is a high or zero price possibility. But if they pay with stablecoins, the value is definite but low. It's hard to know which project will go well and the price can increase once we hold it for a long time. But that doesn't mean it doesn't exist. I think do your job, and follow most of the projects, and one of them will succeed and make you rich. everything depend on developers team , will they pay us with token or coins.each of them have possibilities and its own benefit or disadvabtages.paying with stable coin give us more protecting about reward value no matter its token price dumped or not, we dont care about. |
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Ithink most answer suggested to use metamask and set BSC Rpc .its easiest way if Op dont want to use trust wallet. Alot tutorial that explain how to add rpc network on our metamask. Dont forget when we created it to save recovery phrase or private key to access it when it log out or access or other device.
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Market is not looking good and not suitable for short term users. If you buy any coin for short term you will be stuck because these pump is not real and after increasing price we saw again dump for 6 month.
For long term I think it good time to Buy and then wait for another dump and buy more. Second entry should be taken when coin down more than 60% from initial entry.
recently bitcoin price pumped supported by good news about US inflation which decrease significantly after FED several time increase bank rate. I think its good momentum to start buying altcoin which is alot of them break major down trend line. Find price retest and buy it for ling term , i am believe it will give us good return. |
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Is good to spread ones asset over different cryptocurrencies, I believe in a Quote that says "Do not bag all your eggs in one basket 🧺". Any time I buy Bitcoin, I also buy Ethereum because they are two good coins that can grow massively over time. I have some favorite coins but BCH is not 1, I also buy EOS.
diversify our assets mean we also diversify our risk that may occur in our investment someday. having several assets will give us various return and risk. i am totally agree with that quote and most investors applied it on their investment. ethereum and also bitcoin were major crytpocurrency and have huge attention from investors which is usually allocated with biggest portion. |
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How can a newbie invest in good altcoins? I know about BTC and ETH but I think I can make more money from altcoins instead of BTC and ETH, I did my research and I have a few projects in mind but I don't know if they are worthy..
it is not recommended for beginners who are new to crypto to decide to invest in altcoins, you should first understand the risks that will be faced. although Bitcoin and Ethereum are both types of potential coins, no doubt that both of them also have a high enough risk to be used as an investment asset. altcoin have potential to growth too, especially projects that build important utility to solve problem in crypto currency market. for beginers bitcoin and ethereum was safest coins in crypto market now although it have high volatility at the moment, but for long term its proven as good coins to generate profits. maybe for beginers could allocate small portion for low caps coins to earn huge return. |
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~snip~
If you don't know anything about trading then get some knowledge about it . Know how to analysis and read the candle then if you wanna do short term trading here you can choose bitcoin and for altcoin you can choose Etherium, BNB, LTC, Matic these are secured coin for investment. I think it is possible to gain good profit by day trading by looking at the candles trading knowledge was important to us, financial market give us alot opportunity to be rich man in short time. Crypto market maybe be best place to invest our money and major caps such bnb eth or matic was good layer 2 chain which have huge ecosystem to create demand. Ethereum merge that will happen on sept will bring poaitive impact to other altcoin maybe eth ne trigger for altcoin season |
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when to sell? Of course it's very easy, because traders must also have the skills to sell at the right time,
and definitely don't be greedy, if you have experienced an increase of 10% I think it's the right time to sell.
10% profit is good enough to close position. Generally I close my trade after getting a 5-10% profit. I always use stop loss also. For traders, they can know when to sell for gaining profit. It's like setting a target goal and stopping when you hit it. We must know our target profit so we won't get tempted to aim for too much which might lead to greater greed. 5-10% profit is already ideal. Profit is still profit and we must be contented sometimes especially if the volatility of the coin is too high. taget taking profits must set before we open transaction. Alot traders didnt set it till finally profits becone loss again due market direction changed. Greedy be main problem from each traders, they want more profit and prefer instant result. Most of them didnt trust the progress. 5-10% was good result for each trades, as long as we could consistent i am believe our account will growth. |
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It's still a thing thanks to dumb people invested in it because they're ill-informed about it. Most of them dont know what you're talking about, layer 1 or whatever. They invested in Solana because it has a strong front over the twitter or social media where shills for it are rampant. "The next ETH", "Looks at the chart of Sol and see how much it has increased", "It was still under development so problems are expected", "Buy it now cause it was cheap!" all that craps.
The strange thing is that these people don't really care what is going on inside the solana itself, they are too easily led into the abyss. solana is not a tesnet network to be fixed all the time. there are several telegram groups that I follow that say Solana's fate can be like Luna. if this condition continuesly happen maybe it could be relized, wee see several time solana have problem with its chain and looks like developers team didnt solve it well. Alot investors concern on this issue and feel affraid if luna accident also happen to solana. |
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If you think you're already in profit I think you just take that profit and simply disregard the thinking that it could go even higher because most of the time, things just wouldn't go your way.
after all once you've taken your profit, even if the coin goes higher, you're still in profit, instead if the coin falls in value and you're still holding it, you're at loss, basically by taking your profit you're still winning in many scenario.
dont ever regret although our coins still continue rising when we closed it. take another coins as portofolio which is potentially will give us more profits. some traders still feel regret when they closed early till finally decided buying again and got rekt when market suddenly change direction. take profits must be done when we got profits no matter that 50% and let the rest running. |
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...Now that many people are rushing to invest on binance, I think, binance will become second position among other cryptocurrencies in future because their teams are seriously working to make their customers enjoy a massive income from their investments in the future.
In order for BNB to overtake the capitalization of ETH, it is necessary that the price of BNB increased 4 times, and the price of Ethereum remained the same. Do you really believe in such a development in the cryptocurrency market? BNB have a long way to go in the Crypto space. Sooner or after, BNB will pumped above it's previous ATH and retest to another Price value. It's all fact, but time will tell for the patient ones and BNB can over take ETH with time only if CZ entirely put his focus on Binance native coin. All exchange coins pump with no doubt but it's all deals with time. ETH on the other hand is working hand in hand with BTC which keeps dipping in the market, and it dump affects half of the market. bnb or eth still be best coins in crypto space now, no matter its price still decline from previous ath. Both of them have huge demand from ecosystem and also from long term investors. When market totally recover , both of them will back to last ath and even create the new one. Position on coinmarkercap didnt important anymore, investors want to see its price rising. |
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Indeed, many people invest in new altcoins and they get big profits, but in my opinion it is okay to invest in new altcoins, but we must first know whether the altcoins to be launched are of quality or not. because in my opinion, if we invest in a new altcoin but the altcoin is not of good quality then the risk is that our money will be drained.
When a new altcoin is listed, usually the price will go up because of a lot of interest from traders in trading, but from some experience, over time the new altcoin begins to decline and it is not uncommon for the price to drop due to projects that are not running or developing, it is not wrong to invest or trade in new altcoins but first we have to analyze how potential that the altcoin is before buying, but in terms of short-term trading it might be better for us to invest in old altcoins because they already have great trust from traders and the crypto community. fomo to new altcoin project coming when see this price rising, alot traders will thinking its a good project to hold meanhwhile on other side early investor star selling coins. We must do dilligence before buying new altcoin because its risky due there is no product released yet. Research on what coming important news that will released could help us from being rekt. |
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I still regret it, because my investments have decreased by more than 5 times, now I'm waiting for my altcoins to gain momentum again and at least reach their last ATH. I'm even ready to wait until some projects leave the market altogether, so now I have iron patience.
thats really sad when we didnt take profits on peak price. Alot people being greedy when looking market going crazy, we must remeber as long as profits didnt closed yet it still only number not be money yet. Take important lesson and dont do same mistake in next bullish cycle. |
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Actually there are altcoins that can increase when the bear market occurs, but this is very rare for us to find because almost all altcoins always follow the flow of bitcoin both in increase and in decline, so to predict altcoins that can develop at a time when the bear market is certainly very difficult and only some investors can get such a moment, and this would be a great surprise for them.
I believe that altcoins can get pumped up during a bear market, such as is happening now. If you bought coins a month ago, you could be in good profits now. But of course it's a high risk. Because bitcoin is not in an uptrend right now, and altcoin pumping could be a trap. random pump now happen in altcoin, alot coins now suddenly pump although bitcojn price dumped. I think its good thing crypto market now, altcoin price could decouple with bitcoin price. When market totally recover, we will see crazy movement on altcoin in my opinion. |
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