Good Day guys, just searching for an alternative way to invest my money to,
so the question is, is buying new listed token(token that just ended ICO) to an exchange profitable? do many of you do that? would you recommend doing that? or should I buy on their ICOs?
In my experience, prices tend to drop straight after the ICO as people dump their coins. This is probably partly those who bought early with a big bonus, and partly bounty hunters and airdrop recipients - these people would all be guaranteed a profit even at sub-ICO prices. So I would advise to stay away until the price had stabilised. One exception would be a heavily oversubscribed ICO where it sold out very quickly - anything where demand outstrips supply should see a price increase. |
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You can really tell that this thread started at the back end of 2017. Back then, $5k for ETH in a year's time seemed quite possible. But after a difficult year so far for all of crypto, personally I'd be happy to see ETH at $1k by year end. I don't think we'll see anything quite like that Dec2017-Jan2018 rise anytime soon.
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It's too unpredictable at the moment. I can't see any real stability any time soon. The one thing that I thought looked quite solid was the whole market minimum around $250 billion, but we've since dropped a bit past that. Hopefully we won't fall much farther, but really it's all speculation at this point.
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I'm staying clear of ICOs. They always seem to have price dips as soon as they are tradeable, and the bear market increases what is already a substantial risk. So no at the moment for me on ICOs.
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I am going to buy Ethereum but i don't know when its price will be good to buy. I need your advices, thanks!
ETH is still a great buy, although I didn't think that prices would drop as low as they now have. I can't see it going much lower than it is now, but then everyone is just guessing. |
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Hi Guys!
I bought ripple at $2.50 and i am at very high losses. I wanted to know if and when it will reach $3, $4 and if my stars shine $5 ? Please help. I am being as much patient i can but i am honestly dying from the inside looking at the prices.
Months later and prices have dropped much further - across the board though, not just XRP. I do think that XRP will do well, but all of crypto is obviously struggling at the moment... and I think this means that the markets aren't showing the true value of XRP, which should really be higher. |
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I do think that crypto prices will recover, but it will surely remain volatile. One good sign is that prices aren't really dropping past support points. This should lead to increased confidence, and so to price rises... but in the end we are all guessing.
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I am still confident that we'll see a decent bull market in the not too distant future. Support levels are still holding, which helps to build confidence.
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It can be very risky to invest in ICOs especially for someone new to crypto. I would recommend starting with bigger more established coins, and only get into ICOs after a lot of experience and research.
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i want your opinion about this, because i have lot of coins am holding
It depends on the coin. It seems very likely that top and promising ALTs will still be huge in a few years, but equally some poor ALTs will fail, and there are probably also many that will do okay without ever getting really big. |
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Please tell me, its getting on my nerves already. I lost 40% lately on stupid moves and i need to recover. Is it safe to invest back in alts now. What can we expect in next 1-2 months. Anybody has a glass ball? I see green candles today. Can it be next bull trap or the market is recovering now?
We have had a couple of false starts in the last few weeks, with short lived price rises. What is important I think is that the fallbacks have not been too severe. I think a true bull run will arrive fairly soon. |
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a lot of opinions on the Internet, there are many groups and different versions about the growth of currencies, do you think it will grow or fall? 7 and is it all a bubble?
Yes, I have a lot of confidence in ETH. I think it is extremely likely that smart contracts will pervade everyday life in the not too distant future. And ETH is the leading smart contract platform. It's not just a system for hosting ICOs, it has vastly more potential than that. |
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Recently, some airdrops require identification documents to be uploaded before airdrop tokens are distributed. Emails are sent as a reminder to complete the KYC process. Share your thought on this issue
Some may be genuine, but some are undoubtedly scams. I don't think it's worth the risk. Just leave these alone. It doesn't make sense to take this sort of risk for the prospect of just a few dollars reward. |
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There is no reason to panic. Prices have risen a bit and now fallen a bit, but I think the new market bottom of $250 billion is now well established, and we are unlikely to see drops below that point.
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I do think that a big recovery will happen at some point, but recent market behaviour suggests that the confidence is not yet there. No real reason for pessimism though, just a case of waiting it out.
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The current market seems to be a bit stagnant. A big recovery should have started by now, but I think the confidence is not there yet.
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We all always seek profits in cryptocurrency trading, if the price of bitcoin soars, will you sell it to buy fiat or altcoin? If you buy altcoin, what is the altcoin that you will buy?
I would choose to buy altcoins rather than fiat. I think this BTC rise is the start of a bull run that will draw in alts as well. And if alts rise against fiat, then it makes sense to buy alts. As for which alts to buy, it depends to an extent on what you have already - but I would say ETH is a good choice. |
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These days bitcoin price is increasing. Now btc price is around 8400$. But altcoin prices are not increasing. Is not altcoin price depend on the btc price?
They don't always move together. Sometimes they do, which can be a sign that new money is flooding into all areas of the market, or it can just be a consequence of BTC trading pairs - i.e., if a coin is trading at 0.1 BTC, and the BTC dollar price increases, then it is likely that coin will still trade at 0.1 BTC, so effectively its dollar price also increase. Sometimes BTC goes up and alts go down... which means there is a lot of people buying BTC and a lot of people selling alts - so generally these will be the same people, i.e. they are selling their alts for BTC. This sometimes happens at the start of a bull run, with BTC leading the way, and later on when BTC stops increasing people sell BTC and buy back alts, causing alt prices to rise. |
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