If you are going to successfully invite people to look at Cryptocurrency, you should Do Away With The Investment Part First
the first thing is to explain how it was created and the creator's idea, why it was created and what are the benefits
if you make the investment part first chances are people will look at it as a Ponzi Scheme and they will shun it.
Something like that already exists in every trade sector, if you invest without research, you will be lucky once, but in the next investments you will be obliged to lose so are the people you invite, you should not estrange them, you should bring them closer. You should tell them what you know best for yourself. The increase in traders in this trade makes us even stronger and we all want it. |
|
|
|
Since all this while that mining altcoins have not been profitable like before i don't bother to keep mining coins so i just lock my mining rig in a room and now that bitcoin halving is knocking on the door i think its a good time to start mining even if its not profitable? i believe if bitcoin surge over 30k altcoins will take the ride we've been waiting for, anyways, what do you guys think? good idea or bad ?
I also think the future halving will affect the price. So obtaining BTC by any ways may make you profitable in the future. If mining is appropriate for you, you should not miss this opportunity. The recent increase in price was a hope for everyone, and this hope will not run out easily. If we continue with this price until the end of the year, next year will be better. |
|
|
|
With so many good altcoins around, do you think Bitcoin can cross $50k by Dec 2020?
$50k is a big dream. You should act with facts instead of dreams. It is very difficult to get the answer you want here, because there is no one can give the exact answer. I only can say about it, there will be a better opportunity for BTC to rise in next year. People who are buying now will surely hold until it become $50k
I personally do not expect for $50k. Why $50k? |
|
|
|
We have come across so many national currency becoming worthless and recently we have heard the news of barter system in Zimbabwe due to the fall in the value of national currency but what really makes the Fiat worthless? Is it corruption or war or national economical crisis? Or the National GDP which makes it fall?
It depends on the country and its economy. What makes money worthless is that it loses value against the asset that appraises it. If the strong money that comes to the country is less than money out of the country (this may not be exactly like that, but it is usually the case). Look at the Turkish lira, to save it, the influx of dollars from other countries had begun, that helped a little and showed that it may help. |
|
|
|
Today in crypto, Tokens, wallets, exchanges, and even DEX is easily done. What would it take impress you nowadays?
Even if the above listed are easily done, what about creating the best and bringing in something innovative, most especially as related to the listed, without repeating what others have done. Yes, tokens can be numerous, but not all will make impact in the crypto space. If you can spend time with coins and tokens on coinmarketcap you will notice that most altcoins are repetitive work, not much different from each other but yet there are few ones that are classic projects, even new projects are mostly repetitive This will always happen in this system where we are free. Instead of unifying their power, projects each create the same thing in separation, but in the end they often face failure. Anyway, the losers will still be the project owners. But from our point of view, we do not have much to lose, on the contrary, we choose the best and avoid losing money in the bad ones. |
|
|
|
If I could remember, few weeks or months ago, I participated in BLoC Platform's bounty program. After distribution, 400 MDAB token given hovered around $15 until after few days it dropped to below $3 and went as low as $2 worth. I forgot it in my wallet and accepted it would worth less than a penny some day.
Few days ago about 6, a friend brought the news on my group of MDAB did over 12,000% increase in price. With speed, I hastened to my wallet and found over $240 worth of 400 MDAB. For me, I would not wait for morning to come cos when I checked and sold on BinanceDex, it had receded to 8,300%. Oops! I missed 4k% already.
The next morning, it fell by 7500% and all my friends waiting for $1 before sell regretted they ever waited such. Shocking side is that MDAB statistics was no more on COINGECKO the next day.
Till now, I still find it shocking what could have really been the cause of the pump and sudden disappearance from Coingecko May be because Binance added a support for it on Binance.com with other tokens like MATIC, others. Also, the Team has been very inactive for sometime on the group.
I think it was already delisted from binance and coingecko, I did not find their names. I have never seen this sort of thing, maybe Binance threw away all the evidence, thinking it would harm its vision. This kind of increase in any coin is not normal. On the positive side, you have made profit. In a short time 12000% is not the increase that anyone can face. |
|
|
|
I joined many bounty campaign and always check how trusting the ICO on rating website, have reached good rating ICO or not before join and doing the bounty campaign task, rating website give me other information for an ICO to know good or not about their product and how many respond from investors.
You need to think about it again. Do not rely on ICOrating sites to find out whether the project is good or bad. It is good for information about projects and a safe transition to the site, but their reviews about projects are not real. I even saw that they gave 8 stars to scam project. After someone mocked them, the coin was removed from the list. |
|
|
|
Do you believe that it has started? I have a good feeling that I should buy them before winter. Prove me wrong.
Which news directed you to this idea? Because there was only an increase in BTC in the market, and as the altcoins were affected by this increase, there was little movement. The increase in the prices of altcoins due to the increase in the price of BTC is not what you think. I do not think the altcoin season has started. Wait a bit more. If you bought in winter, you had the right time to sell and in the future there will surely be opportunity again. |
|
|
|
We can not all understand the decentralized system the same. While we see it as our own freedom, some see it as an ideal place to scam people by abscond from justice. I think many of the problems that have occurred in this market include project failures, weak market situations, project fraud, project products not functioning properly and much more about market issues. but I am sure that the market situation will not always be at the bottom, all will be beautiful in time. we are all really being tested here including how to survive when the market is bad.
I do not think the market is weak. If the market were weak, the weak coins would easily find their place in the market. On the contrary, the market is expanding even further, and this enables the strong ones to survive. |
|
|
|
Daily many projects are brought into the market with different ideas and background.
But the question is what makes these projects to perform well in the market. No doubt good technical support is too necessary to lead the project towards success, but even with good technical support and marketing many projects can't survive.
So what matters these days is financial backup or financial support. Before entering the market a project (or ICO) should have enough financial support to compete in the market even in worst conditions.
It's my own analysis so far in this altcoin market.
What are your thoughts?
The more successful everything is, the more successful the project will be. There are factors that add value to the project such as being innovative, but it is not difficult to see the current situation. As the market expands, it becomes harder to survive, and that is what is happening right now. Even the IEO sale can be main factor that can affect the vision of the project. |
|
|
|
Right now the market situation is not so much to make any predictions but can do some experiment at our own risk by investing into altcoin.
But if we have to try something different by investing into a new altcoin which has caliber to perform well rather than investing on a reputed altcoins like Ethereum. Kindly suggest which would be the best altcoin to invest which is under $1.
Firstly, get rid of the idea of investing in coins with a price of less than $1. Look at the market, the BTC, which is priced at $9,000, has outperformed most altcoins in the last 24 hours. Indeed, altcoins are in very bad condition, and it is very complicated when they will recover so, you should try to invest short-time. Try investing in any altcoin you expect the price will increase for a short time. This can be a more profitable way in the present situation. |
|
|
|
|
This is the result of most traders thinking the same. As a result, China itself did not do so by investing billions in the BTC. To me, it is just the usual naturalness of crypto. Today's news from China can be met differently by the community tomorrow and we can see prices falling. That is why evaluate the price increase instead of looking for reasons.
|
|
|
|
Well here is the fact, any bounty that gives out huge bounty rewards are unrealistic, we all know that we are in a bad crypto season but still they think this is the best way to lure you, this doesn't mean the project is scam but forget the dollar price tag and don't bother to calculate based on $$$$ because you can get 10$ instead of your 500$ worth of token, i prefer already listed and trading projects, what about you? do you agree or disagree?
Most of us give superiority to listed projects' bounties. The best proof is that it is usually too late to participate when there are such bounties. However, since we do not often meet such bounties, we join others. As "others" I said, it can be any bounty, as long as the project is good because once the project is good, we will ultimately make profit. |
|
|
|
I am a Newbie member, and my knowledge about this is still very low What is the difference between Bitcoin and altcoin in more detail  thanks admin Watch out for the market: Apart from Bitcoin and its forks( https://en.wikipedia.org/wiki/List_of_bitcoin_forks), all the remaining coins and tokens are altcoins. Since BTC was the first to be created, the ones created after that are called altcoins(alternative coins). I can not generalize the difference between them, you will learn it yourself as time goes by. |
|
|
|
WHO need Bitcoin and Why anyone Will use Bitcoin? If we have stable coins wich You can transfer around the world all Ready instantly And They are stable. Bitcoin is Not money Bitcoin is gamble, One day You put money in Other day You might lose it. There is no clear way to predict btc price either. So Why we exacly need Bitcoin? Year 2019 who need Bitcoin?? Year 2020 who need? And who Will be using Bitcoin year 2025 Bitcoin Will lose all the power If there is no clear Reason Why would we need btc and how we gona use it. Day traders swing traders... Don't keep Bitcoin alive for too Long all They do is trading btc with each other, there is no profit but Will be losses. But look at the stable coins They are stable and have same aspects as Bitcoin has, so Can anyone explain to me who or why Will need Bitcoin? How do you think stable coin is superior than BTC? Stable coins are not as reliable as BTC- While the majority are reluctant to use it even in the crypto market, you think stable coin is better than BTC without research. Stable coins is not decentralized like BTC- You praise us such a coin that its price is even based on today's USD (even this is a lie, most of them were not backed up with anything). There is an institution or anything that keeps the price constant in stable currencies like FED which determines the price of USD. |
|
|
|
I've read people asking and posting how to protect their wallet but apart from educating yourself on how to protect your wallet, private keys and passwords, It's also very important that you protect yourself from exposing your portfolio you don't go around telling friends and random people, coins that you are keeping.
And also It's important to have other businesses or jobs and not rely on all your needs to Cryptocurrency, people will notice this and they will think you are making a fortune from Cryptocurrency and they might target you.
So are you protecting yourself and how do you protect yourself and your family?
I say I am unemployed to protect myself so the best way to protect myself is that nobody knows what I do. Only one of my friends knows about it, but he is the person I can trust if I die. Based on my life experience I can say that the more people know something, the more problems you have in life. Even in systems like crypto, we need to follow this rule more stringently. |
|
|
|
Price volatility can not always be in one direction. Sometimes we have to be prepared for such decreases, when it gets worse, lets not move away from this place. Don't worry, boy. Everything is under control, the value of bitcoin is stable in the 7-8k zone, which is good news for investors. This stability will last until 2020 and Bitcoin will make a leap, be prepared early.
There are more than two months until 2020, and you think it is gonna be in the $7-8k range? I can not give an opinion about it, but how can you be sure? |
|
|
|
What are the factors you look into when diversifying your crypto portfolio?
I always try to diversify according to the risks. For example, I diversify 50% to those at low risk, 30% to intermediate risk, and the rest to risky ones. In fact, all money should be divided not only in one sector but among others (gold, oil, forex, stock and others). I think that is the right thing, I also suggest it to you. |
|
|
|
When altcoin season?
Which ones to keep/buy?
Asking for a friend...
We do not know where, how and why altcoin season will begin? Alcoins are probably gonna get some support from Bitcoin, but we do not even know from which increase. Look at the recent increases in BTC, altcoins are unaffected from most. All I can say is that the continuous and bigger increase in the BTC price will affect altcoins, for me, we should wait for it. |
|
|
|
Another prediction by peter Schiff hit the market amid the recent sudden fall of bitcoin which caused a major ruckus. After the prediction of bitcoin reaching $6k to $2k now, he is so sure that sooner or later Bitcoin will fall below $1k and he is quite confident about that, though the famous bitcoin hater felt the heat of bitcoin community, majority people even moke him for his stupid remarks on bitcoin! Source: TheCoinRepublicWe can not condemn someone for their free thoughts. Maybe the price will be as he says in the future. How do you know? Maybe our thought is wrong. His only mistake is that if there is a community following him, he may be able to influence them. But, as I understand from other thoughts, there are very few who see him as smart. If so, we should not mind. |
|
|
|
|
Show Posts
