Over 850 millions of people use alipay as means of payment mostly in china and i heard lots about wepay as well, i come to think of it that what if bitcoin was been used in their places instead? if alipay and wepay can get to where they are today then altcoins have all the chances of survival as well. Wepay and Alipay are just online payment solution, crypto can do better.
Real use cases plus real life working products, let these two be your main focus when picking altcoins to invest your money on, do not listen to those saying 'dump altcoins for bitcoin' when you are holding solid altcoins
It is not right for btc to take the functions of all altcoins, and if all payments are made with btc, those coins will become redundant. I think btc can stand by itself, but the altcoins have goals and if they do not, they will not. Even if this system is changed, there will be nothing big enough to affect btc. Wait, this year's progress towards adoption will increase further next year. |
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Yeah, it is possible what you said but, stable coins are convenient for short term spot trading. For example, when a signal comes from any altcoin, you change the stable coin to that altcoin, and in the case of price increases, change your coin to stable coin. Because those who are busy with this trade keep their money there for a long time, and keeping it in any coin can cause loss. Converting to the USD itself also means charging more fee. Therefore, stable coins are most suitable. You always keep your investment stable.
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They are mainly afraid of investing money in a coin because they know that they will lose their money. Invest in the main coins and await the payout.
The recent increase in the number of scammers has been the fearful dream of all of us. Before now while there was no need for much thought, much research when we invest in ICOs, now we are afraid to invest those who are not scammers. Looks like we are getting used to it, these themes reopen only every time new ones come. Also, as you emphasize if anyone is fearful about new projects, look at available ones on the market. |
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Scam project taints the whole crypto. Just look how it affected ICO. It made investors lose faith in ICOs which resulted to majority of ICO failing and legitimate and good project not gaining enough budget for project development.
Scammers affect the entire crypto area of existence, but we are already used to living with it. In a world created in the internet, it would not be possible without scammers. Such projects increase our job in some issue, or even as a result of research, we may be scammed, but that is not enough reason to give up. Besides, it makes investors more cowardly with the ICOs, but it is irresistible, and we have to accept it. |
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I think we need to pay attention to how much time it takes to get the product ready. Of course, we will wait 5 years for the product which will take 5 years to be ready. But, some of products are not a physical aset and do not require time to create it. Briefly I look at what the product promises and I don't have any problems with time. I guess the reason for thinking like this is the increase of scammers, but there are always good ones.
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I just find out that some coins might start with very low volume and marketcap and end up growing big? true or false? i tracked back some old coins that start with trading volume around 6k and end up in millions, is this still possible today?
Suddenly it is very difficult to reach from 6k volume to millions. It takes a little more time. What causes this is the sudden influx of money into the project. This : 1.Can be by bot trading 2.It can be for short term because of gathering investors 3.Or the project has made a huge innovation and volume was affected. If it is the last option that interests you, it is very difficult, but not impossible. you just need to investigate a lot. |
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this is my current investments. do u have any suggestion
20k$ = BNB
20k$ = ADA
20k$ = EOS
20k$ = XEM
20k$ = NEO
10k$ = XRP
The portfolio weighs good, because it consists of most leading altcoins. Every portfolio will be having certain percentage of bitcoin, here that is missing. In another way it also looks to be a right decision considering the price of bitcoin at the moment. If the thread statement is true you're risking big. I suggest to sell every investment if there is 10-25% growth. Further buy back the home and with the profit made invest for the future. There is no BTC in the portfolio, but there is BNB. BNB's future depends on the exchange and the future error of the exchange affects BNB. XRP should not be where ETH and BTC are absent. IMO BNB and XRP should be removed from the list and ETH and BTC should be added in their place. I hope you understand what risk you take by selling your house. The word "you should invest as much as you can risk" was written in the entrance, if you read it. |
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If you joined not long ago you dont know that in crypto everything could be, also sometime projects gives jackpot
But also I see that on ICO team gives bonus 60% - thats mean that price will be -60% as mininmum!
I prefer to join to many projects
If you know the history of the forum about the income you have ever earned maybe you will be disappointed with it now, but I prefer to think now is the time to have investment savings from altcoin all. The point of view even though sometimes we encounter annoying projects because it only looks for profit from bounty participant Everything was so different until more people heard about cryptocurrencies. But, although making profit from current bounties is less than before, it is still possible. Anyway the bounties will not always be and keeping in mind that directing profit correctly prevents us from sadness as it is now. Bounties can not be a constant source of profit, we can only benefit from the right ones. |
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If there are many projects for investing in the altcoin and I doubt to choose the right project, I will go for the ICO rating websites for choosing the project. If the token is listed on various exchanges and I want to choose a promising altcoin, asking from the experienced investors will make things easier for me. The right coin usually leaves a nice return on the investment from my experience.
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I don't agree with the forum members who defend the idea of falling dominance due to the new players in the crypto market. The falling prices will attract new funds and the new form of the cash flow will lead to the increasing Bitcoin dominance and more total volume in the combined crypto exchanges. The entrance of the Libra was discussed several times here but I doubt the Libra will defeat the threats against Facebook.
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Almost all altcoins that exist today have a potential scam, if you as a beginner to invest in altcoin should learn altcoin that really has a vision and many investors join in it, maybe there are some new altcoins that have quality but won't last long and won't can make money for you, with these abnormal conditions I think is not the right time to invest in altcoin
You are right, every altcoin at such a stage of the market as it is now prone to closure and panic sale. As for your question, I will answer: never buy a token whose team has not passed KYC verification. The anxiety of the crypto investors starts with such fearful kinds of stuff and researching the project with all details will decrease the level of anxiety in which investors don't want to be inside it. Project with a strong team is not always successful but strong teams never let the reputation of their project to go down. If the survival game is the reason why projects fail one by one in the crypto ecosystem, I don't believe passing KYC will ensure the investor from the dead coin prices. |
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The current market price is under the $200 and I expect a more downtrend after reaching the high point of the recent correction mini-trend. The consequences of the Ethereum pricefall will likely to shake out the weak investors and the investing in the new altcoin projects will decrease gradually. This year is not great in terms of finding reliable projects and the bear trend on the price of the Ethereum gave an excuse to both crypto projects and the big crypto investors AKA whales.
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Alt season come soon? i don't think so.
Now market it's unpredictable, the coin price can go up and down any time. Everyone always hope for alt season but i think still need a long time for wait.
Yes, and because the market is unpredictable, you won't know exactly when the altcoin season will come, be it next month or next year, who knows. yup, but when i look at charts, I don't believe that the altseason will come and i think most people see same. Really its looks like a big scam where we gave our money freely. If you attentionally check the altcoin charts, you will see a good correlation among the altcoins and the Bitcoin. The reasons are various why altcoin season is too late and the market doesn't give the expected returns to the investors. Most people think like you but these people also feeling desperate for not catching the last altcoin season at the right time. After learning from their mistakes, they want to take their piece of cake from the crypto markets especially during the altcoin season. |
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Low trading volume is not going to attract the attention of many investors, there are a lot of altcoins in the crypto market. Dead coins have a literally zero volume on the listed exchanges which are ready to list gladly the mentioned type of altcoins for increasing the volume and turnover their exchange. Developers should focus on the development and the volume will increase after the team get closer to the success which determined by the project investors.
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I have notified about dumped bounty tokens but there is no other way around except joining the price dumpers. After getting listed the situation becomes clear but the probabilities don't let me buy while everyone else sells. The bounty hunters simply don't think long term and they look for quick cash.
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There is nothing to worry about it, you will learn day by day. l can not suggest another way besides buying and holding but l would tell you the following. When you really want to invest you must choose top altcoins and when you want to learn research only yourself. Because there are a lot of people, they can lie to you about experiences of them or etc.
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Overall, I'm here that is why I'm interested in cryptocurrency. Altcoins can be profitable but it is not a source of feeding family, it is investing. Because it is our future and I'm absolutely keen on trading, investing. It is something so history for me, which is just written. l can not deny this fact l earn some money like others. l think everybody has the same interest to be here.
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You are risking big money, have you done a market analysis and know the risks so you dare to play that kind of money? If you only do it because feeling like you do gambling, as explained below. Trading without knowledge is the same as gambling. Because in this stage you just predict the price can go up or down by your feeling.
Why not try to start learning some Technical analysis? It is easy to understand, but hard to practice. Just keep trying dude.
Even when you can't really understand a TA, you can just analyze by looking on the News that incoming.
Trading is risky because the cryptocurrency price is very volatile, but price movements can be predicted. So, don't blame the trading, it's just that you don't understand the technique and what to do. It's time to learn and understand the risks. I become sad I see a loser trader. But that doesn't mean it is something like gambling. For instance, gambling is insecure. Incidentally, in my view, trading is improbable for you. You have to improve your knowledge. For example, you can research that. When you are just trading you have to be patient. It can be helpful for you. But don't forget you can not equivalent Trading to gambling for an obvious reasons. |
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Investors should have known in the first place that there's always a risk in any kind of investment. Even if the project has an innovative idea and the team is filled with experience people, it doesn't fully guarantee that the project will be succesfull in the future. There's a good project with experienced team but ended up lack in progress due to internal issue.
l have read your comment and l do agree on the part of with your opinion. That is why you can be right, there is no profit doing research. Overall, the reason will not change. They cannot guarantee you get success or no. But it is something so " l will not play, l have already lost". The situation is changeable. The best way is to research. There is not anything to lose making research, but there is a lot of things to win making research. Sometimes it can be very profitable. |
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