Why considering holding ethereum alone. Yes, if you hold ethereum for that long, you will definitely get your profit, but i would advise you also consider investing into other altcoins in the crypto space. Diversification is very essential if you really want to make your profit, most especially huge profit. I could have recommended some altcoins for you, but i would like you to research on them yourself.
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Bounty and airdrop will not earn you coin every, because they are occasional. It is until you finish the tasks for bounty before you can get your tokens and sometimes, it takes weeks or months. While airdrop task is done once, but most times, you will have to wait until tokens are sent. If you want to earn tokens every day, i would advise you go into either mining or trading. Trading is the most common, but you have to learn it.
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I would advise you not to sell all your bitcoin for ethereum. Both bitcoin and ethereum are good coins that you can invest into. Although, we have our individual preferences. Personally, i prefer to hold ethereum, but that does not mean i would not hold bitcoin. As a matter of fact, i also invest into other altcoins. I hold those i have researched and concluded to be good. What i am saying invariably is that, try to diversify you investment.
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Since the advent of cryptocurrency, bitcoin has been taking the lead. The rate of adoption of bitcoin has increased tremendously, to the point that it seems no other coin can overtake it. In my country, within my locality, i also noticed that people demand more for bitcoin than other coins. If you want to sell out bitcoin, it will sell fast, while others might linger much before you get prospective buyers.
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So many people have been asking the same question as third you asked, since the inception of this year. Despite that, cryptocurrency is still surviving and it will continue to survive. Crypto has a lot of future prospects. Even if there have been scam ICO that scare people, i have noticed is that, the crypto space is gradually being pruned in order to eliminate the scam projects out there.
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First, i noticed that so many ICO are being affected by the bearish market, which is not really encouraging. Some investors are afraid of investing now and waiting for the bearish to be over.
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Some people have only made their opinions known, by saying that crypto will not rise. Everyone is entitled to his or her opinion. They have only made their opinions know. As a matter of fact crypto does not rise in general as expected, people, most especially investors and traders and some others are still making their money. There are lots of opportunities this year alone.
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I think the blame should be centred more on whales who because of the gain they are after, manipulate the market in order to suite them. Most times, they are the ones that spread FUD, which causes panic and make people to dump their coins. I also noticed that the panic caused can also make some people to leave the crypto space due to lack of confidence in the system.
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Despite the fact that the present situation of the market has made my portfolio to reduce. My portfolio has reduced by more than half. Yet, i am not perturb because, this present time presents itself well as one of the best opportunities to be utilized in the crypto space. I have got many coins and i am anxiously waiting for the time the coins will moon. Holding can also bring huge benefits.
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Sometimes, i just smiles when people do not know the value of bounty. Bounty campaign is never a waste of time, but you must ensure to do your research so as to ensure you are not promoting a scam project. There are two main things i gain from bounty campaign. Apart from the monetary aspect of it, where after promoting a project, i am paid for the work done. I also gain much knowledge. For instance, signature helps me to survey this forum and get more useful info from forum members.
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To become very rich in life requires a lot of courage. Holding altcoins take a whole lot of courage, because an unexpected situation can happen. It is either it appreciates in price or it depreciates in price, but one thing i have noticed is that even if the price of a good altcoin plummets, its value will not depreciate. Which is more reason i can always hold altcoins, most especially the good ones.
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Cryptocurrency is one of the best internet business i have ever ventured into. It is a tech that has a lot of great prospects. Personally, this technology has been of tremendous help to me. As a matter of fact, i have introduced it to quite some good number of people and they are very much good they gt the info at this time, because it has helped them to get back o their feet.
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For the fact that you are just coming newly into crypto, i would urge you not to depend totally on crypto. Even those who have been into crypto for quite sometimes now, should no depend on crypto, because any unforeseen situation can happen.
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I think we will know that time for another bull run, perhaps towards the end of this year. We might soon start to see some signs, that would indicate that the bulll run is aporoaching.
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That is much of speculation. How are you sure bitcoin will get to $20,000 this year. Some even speculated that we would see bitcoin that $15,000 in June. All these are just mere speculations, without concrete reasons. Well, there might be another bull run this year, which might bring a great opportunity for holders to be in big profit. There is no need to panic, opportunities still await us in the crypto space.
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The nature of the market presently favours traders more, because they can be able to trade in between the fluctuating market. The only challenge about this is that, it can be risky, because they might not be totally sure of the time the market will stabilize. This is also a good time for some of us that are looking for good coins to hold. Presently, i an holding some coins and waiting for the bearish market to end.
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There are so many exchanges that i trust and i stick most times to them, owing the the fact that i have never been scammed, phished nor have i been made vulnerable by any of them. My concern most times is which exchange gives me more profit. Most times i trade in arbitrage between exchanges. I use binance, kucoin, hitbtc, okex, bit-z, poloniex and idex.
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I think you are one of those that believe bounty hunters are the main cause of tge dump of every token that lunches newly on exchange. Which also means you too dump every token you receive. Well, i would say that a project that is well planned and e executed will not dump, even if bounty hunters are involved. I have even seen instances of dumped tokens despite bounty hunters not being paid.
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If you really want free coin, i would advice you to go for airdrop which is totally free. The only chalenge i have with airdrop is that, you might get just meagre amount from most airdrop you participate in, except in rare occasions. Also that it is full of scam. Bounty is not that free, because you have to work for it. You will have to invest your time and effort.
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What you should watch out for most whenever you want to invest into the dip of a coin, most especially ethereum and considering the fact that it is now low, is the production price. By the time it falls to or below the production price, you then buy. The same principle can be applicable to so many coins as well.
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