If i'm looking to make my first crypto purchase, which one would you suggest buying and why? I love ETH because it's established but still not as expensive as BTC, but I also am hearing about TRX (TRON) nonstop...
If lets say I have $500 to start with, what should I buy and why?
I think you should buy TRON. Actually TRON is a very potential altcoin and it was recently discovered not long ago. A potential company will always have a strong momentum as many investors believe. ETH is a good altcoin but it will not bring too much profit to you. Why not look for the strong fluctuations altcoins? That would be the favorite coin of the professional traders in the Crypto market. And why cannot the guy buy both of these altcoins? Ethereum is pretty expensive, and TRON is very cheap. He can easily get a lot of TRX and several ETH. |
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Don't buy any hype coins right now. Buy a real coin like dash or monero. The new shiny coins are all way over hyped and offer nothing. they're whats holding crypto back from really taking off.
Maybe this is the right advice. I am also trying to buy the altcoins that belong to the top-10. I like Monero, DASH, Stellar, NEO, NEM, TRON, Cardano and ICON. |
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Hell no. bitcoin is not gonna die today or tomorrow maybe 10 years later. Bitcoin value is getting higher right now and I think it's going to take a long way before btc dies.
I guess it will be used for more than 10 years. Bitcoin is not going to die at all. It is nonsense - to compare BTC with Bitcoin Cash. Yes, I can admit that one day people will prefer to deal with ETH but they will use Bitcoin also. |
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In my opinion, if you invest in alts with lower market cap you have way more bigger chances to increase your profit because these altcoin have more roon to grow in value. I've found many coins that increase 10 times in price(10x) , which for Bitcoin is very hard to happen because of it's already big marketcap.
Probably you made some mistake when you were choosing the altcoins. As for me, I prefer trading exactly alts: there are many of them on the market to pick from. |
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I think it's very hard to actually do that but of course there's ways to actually get one but not super accurate but it's worth the risk but of course you can both loose or gain.
When you have the money that you can spend on the cryptocurrencies, and when the market is low, then why not making a lot of investments? It will give the profit. |
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I think XVG is too much incresed their price considering past year..so better go with other coin like ADA,DGB,ZIL/  Verge is really cool. I suppose that it will be growing very fast in the nearest 2 years. Yes, I know it has gained a lot but the Moon run will go on, I am sure. |
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Fundstrat founder and strategist Tom Lee recently announced that bitcoin prices would reach $ 91,000 by March 2020. What do you think about this prediction? Please comment on this issue?
I think he is the man that lives in his own fantasies. Yes, I believe: Bitcoin will be gaining but to reach such a great sum? No, it seems to me it is absolutely impossible. Meanwhile, I will be glad if I am mistaken. |
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eth is good now ..
i think it can be better again, cause this price just a normal from it going down yesterday. so far the development of ETH is in a good way, and i think this year it can be more better and bigger for ETH. It WILL be strengthened very soon. I bet on Ethereum that will cost 2 thousand in several months. This cryptocurrency is the most popular one, and many people buy it. I am going to hodl ETH for long. |
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EOS is now ranked 5th on coinmarketcap.com, with a market cap of $14.6 billion against the 6th ranked Cardano, whose market cap is now $9.6 billion (figures correct at the time of writing). Which Is A Better Investment?
It is really hard to make the choice and understand which of them is better. Both platforms have their advantages, and it seems to me, Cardano and EOS will be among the leaders of this market rally. |
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I also hope that the market can rise quickly, and fear now is normal. Many recent negative news have made investors nervous and caused the market to fall. I think like you, I think this is only a short-term decline. The price will rise!
We all live with this hope. To panic is to depress yourself and make mistakes. When you feel at a loss, you can easily sell altcoins, and further, you will cry that you have missed so many great chances. |
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I dont have a trading plan actually, just hold and sell, when gets high. when gets low, just wait to grow and sell.
I share your strategy, bro. It always depends on the market situation. When the prices of the cryptocurrency are very high, I am selling altcoins, when the market is down, I buy the crypto that I like most. |
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Now in a bear market, I think there will still be many tokens below $0.50.
And cheap tokens are not necessarily valuable, so you need to know the truth.
You can make much more money if you trade these cheap coins. I bet on TRON and NEM. Verge seems to be very cool. You can watch the video about these 5 top altcoins: https://www.youtube.com/watch?v=BBfd6OE66_k |
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If you had $10,000 today to invest in crypto, what coins, or tokens would you buy? Please keep it percentage based.
For example:
20% BTC
25% XEM
35% XMR
20% SUB
Man, I would make another choice. IF I had 10 thousand, I'd spread the money like this: - 30% Ethereum; - 10% Bitcoin; - 20% Lisk; - 20% Komodo; - 20% NEO. Of course, this is just MY choice. |
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Of course bitcoin is always the first choice of investment and over the course of nine years many millionaire had formed just because of the holding process. The price of bitcoin is unidirectional and that's what get it qualified for the erection of price or market cap.
This decision depends on the nature of your investment. If you had intended a long term investment and are in the market with a huge portfolio, you need not to go for daily trading but rather should stay focused and hold. This is because in long term, you would be better off to reap maximum per unit profit. For daily trading, one need to sell at the maximum price or in other words one should charge the maximum. Call it price ceiling. This will enable you to earn maximum per day profit. You should not compare these activities and choose only one of them. The best option here is the ability to combinate both. Try NOT to make the day trading when the market is very stable or when it is on the bottom. |
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How much would you make as first amount? I was thinking £50 bit even if this times by even 10 that's only 500.
Would 300 be a more realistic start
As a beginner, you can start with this amount of money. Further, when you get the skills and the experience, you will understand - it is not enough! The more you invest in the crypto, the more you get. |
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i want to know what makes the cryprto dangerous? to the point that many countries band the use of crypto in their countries. I want to hear your opinion
It couldn’t be named dangerous but crypto industry has its own specific features. For example investing in crypto projects is very risky. Moreover coins can be used by different kinds of criminals for illegal transactions. |
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There is no secret or right way to trading.
It all comes down to experince pretty much. I have been trading stocks, futures, forex, bitcoin for almost 10 years.
Basically the best way is to look at the longer term charts and try and time trades off the short terms charts.
Basically in my opinion. Bitcoin is a long term bull, short term bear, and midterm a little bullish.
You can use TA to help you but keep in mind it maybe only works 20% of the time. The rest are fundamentals.
Right - the more you work trading, the best experience and the strategies that help you reach a success you get. However, yes, I always buy when the altcoins are cheap. |
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Hi. Just wanted to know u guys opinion of do the day trading and hold. Thank you in advance.
Depends on your experience because trading needs a lot of experience and skills because it is risky and unpredictable meanwhile on the other side Holding is easy and convenient for newcomers. The profit ratio is more high in trading than Holding. I believe that day trade is better for the people who spend all of their time on trading. It will give them more time and chances to earn money. And Hodl is for people who consider trading is an alternative job. However, both of them requires knowledge. You need to have knowledge in order to trade That is rights, that is why I do my day trading only when I do not have the main work, during the weekends and on holidays. I am also holding many altc as well. |
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I registered and sent request for signature campaign. Please accept!
When week start and finish? I didn't find this information.
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