im looking for a week(until an ico) so i can keep a bit of my eth. i was looking at stratis because it should be around the same price or higher(15$). the coin should be stable or around the same as it is now. suggestions?
With a week as hard deadline for cashing out for the ICO...I suggest holding on to your ETH. |
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I do agree with the points you pointed out. Whether to hold or sell during dip depends on the situation and the coin you are holding. If it's a shit coin that has been pumped and now being dumped, you should leave as the coin will die soon. Opportunity cost also comes into factor as pointed out by your second point. But how can you predict future dips as you said on your third point?
You can't. I go with my gut, TA, news, etc. Sometimes there are indicators that tell you that it is not the bottom YET. It is exactly the same as buying coins (just the reverse direction). Even if it pumped x2 x3, etc....if you believe it will keep increasing you buy. |
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It is always good to hold your coins while there is a bloodbath out there. It is the wrong time to sell right now, even if you wanna leave the some coins or projects you should wait for a exit spike. I never sell any coins with a loss, I always sit it out.
In a blood bath, what you are selling is indeed at a loss BUT NOTE that what you are buying is also a BARGAIN (on sale). They even out.  So many here seem to be unaware of this fact. |
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How often does the price get lower than the ICO price when a new coin is listed on its first exchange house ?
How come there are coins that are worth like 0.0004 $, usually during an ICO one coin is sold in the range of 1$ or not ?
Do some "coins" skip the ICO stage ?
Depends on the coin/project. In good exchange, seldom can you buy a good coin lower than ICO price. The ones that dip below are usually shit coins OR listed on bad exchange (or both). Yes some get listed w/o going through ICO |
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This is a regular question I see and 99.9% of the answer I see is HODL.
I agree generally but there are exceptions. Here are a few and I hope others add what I missed.
1. Coin is really bad you have to abandon it ASAP (see #2 also)
2. There are better coins and you plan to re-invest (sell then buy another).
3. If you foresee further dip (alt vs BTC or USD)
4. If you flip and day trade (risky)
Hope this helps. Good luck!!!
1. I think if the coin is bad, why we should buy the coin? before we buy the coins, we need to research and analyze the coins. 2. maybe this could answer in number 1. 3. for doing this, I guess we need to read about the projects so we can predict how good this coin for a long-term 4. I won't do day trade unless I can have one or more coins to trade and I will suggest holding the coins if we already read and know the project. maybe the other exceptions are because we could not patience for a long time so when we see the price drops 10%, we are getting panic and wants to move to other coins. 1. As responded earlier. A good coin last week may turn bad today. 2. see #1 3. see #1. also a new and better coin may be added anytime. 4. It is not for everyone but an option/possibility nevertheless. |
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I think people need to do very thorough research on any coin they invest in. This will ensure they have the confidence in the project to hold on during bear cycles.
But position size is everything.
Nobody panic sells a coin which make up 1-5% of their total portfolio. It's a different matter when the coin account for maybe 30-40% and it's dropping like a cannonball..
Coin changes...a good coin last week may become bad today. For example, I made lots of money buying then dumping EMC2 and TRX |
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This is a regular question I see and 99.9% of the answer I see is HODL.
I agree generally but there are exceptions. Here are a few and I hope others add what I missed.
1. Coin is really bad you have to abandon it ASAP (see #2 also)
2. There are better coins and you plan to re-invest (sell then buy another).
3. If you foresee further dip (alt vs BTC or USD)
4. If you flip and day trade (risky)
Hope this helps. Good luck!!!
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I have been researching deep onion, voted number 1 privacy coin recently. anybody have any feedback for a newer crypto investor on this currency?
LOL. DYOR. It is indeed voted top by the Onion group. They are very motivated bunch (I can't fault them) to keep the coin alive/gaining but I warn you, as it is...there are much better/safer coins to invest in out there. Good luck! |
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I think naming anything in the top 20 is almost expected. Outside that, I don't know. A year in crypto is too long. Things can drastically change in a week--say if a coin is hacked or abandoned by the developer. Likewise, a totally unknown coin can get a boost by a major partnership announcement. It can swing both ways. I strongly believe in diversification and hedging...that is why I cast a big net of 35 coins.  I used to do in depth research of the; tech, dev team, marketing, news, etc. before buying. Recently, I only do these for long term hold. Surprisingly, most of my profits are made through quick flips which are less involved (I still do research but not as deep). Luckily, some of them end up on the HODL pile as well. |
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It just makes no sense to buy high and think you will make profit. Especially not in this market. So with shitcoins I more mean that you just overpaid. I mean you can see in you losing money that its shitcoins to you, right? Like see ETH.... Dont you realize millions of people got ETH cheaper than you? Some for 10 cent? How naive is crypto investors they think they can ever make a profit before all the millions who got thousands of ETH for cheap? They will all cash out before you... And for every $10k out ... 10 new naive investors like you must get in again with 1k..... and thats why ETH is barely moving up because so many people got it cheap and collect their earnings and the higher it gets, the less sheep can be found. Why are you (and millions of others) so blind? Isnt it COMMON SENSE since thousands of years to buy cheap and sell high not the other way around ?
Meanwhile as you and 99% of the market lose money I invested in DATA(dta) and IOSTOKEN and others and some are already up 100% in the last 7 days, and some muchmore than that. I just sold a coin with x15 profit despite the market currently. Thats why I say you need to buy cheap even if 99% of crypto market dont believe me and only loses like in goldrush times and in dotcom bubble 99% always lose money because they are naive sheeps following the herd -.....next to blow up is spacechain,but keep playing it safe in the big bubble coins LOL
I disagree.Using ETH and BTC as example...you concentrate on the price where it is already at it's ATH. Can you say the same when it was $10, $20, $50, $200? When was it high enough NOT to buy? How can you say the new alts are already at their ATH? No one knows that is why we speculate. At some point its just too high and too much money needs to get in to double again. Thats why everyone talks of bubble. Of course nobody can know when a bubble pops, and if it ever pops..... but you must be blind to not see its easier for ETH to double when its at $10 billion.... then it is when its already at $100 billion as now. If ETH ever would get to $1000 billion (value of APPLE) which i doubt eth ever can do.... then tell me who is going to pay the $10000 for 1 eth ? who ? and whats their advantage ?... none... With something as ETH you only have the risk of it decreasing in value or staying about the same, but you have no actual upside. For every guy who got ETH for $5 and cashes out a million... It will need 1000 new people to get in again for $1000... and that would not even increase the ETH price, just keep it even. Why do you think in gold rush, in the dotcom bubble, 99% of people lost money? You really think everyone who buys an eth now will become a millionaire? Thats naive. I am sure many said the same for BTC and ETH early last year...and many times before that. ETH at current price may be difficult to multiply but I see you mention same on new coins that recently gained or multiplied. My point is you don't know though I agree that the likelihood of it staying or going down is more. It really depends on many factors and not as simple as market cap. To be fair, currently, I keep low inventory of top 10 coins for the reason you preach but there is wisdom on keeping them as well. Because of the unpredictability of crypto, diversifying and hedging is good. Being a hardliner (same as being an extremist) destroys your message even if it is good. |
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I sold/dumped all mine for about $0.146265 on Jan 8  |
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$2.46 right now...
Current best performer in my portfolio (24hr gain wise)
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Ehem, ehem, XMR users are attracted to anon coin for a reason...and usually, most of them want to remain anon as well... There are multiple reasons for being part of the Monero community although lately you would be hard to find anything other than moon people. If that happens, it will probably encourage anon coin lovers to like it more... Some people just love the bad boy (outcast) of the lot.  True that it will attract more anarchists and the like but as far as Users go it will be detrimental as if it is made criminal then just having the software could get you jail and or worse in some countries so that would cut out a huge chunk of the people that this is designed to help. It would not be a zero sum game but a net loss IMO. Why and how will government make it illegal? Coins are inanimate objects...it is the action or use of it that may be criminal...not the coin. |
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Folks, I believe Monero but I also believe Assian markets are the most significant markets for Monero demand. China banned something, South Kore is also talking about a regulation. How willl these things affect Monero's price?
I'm pretty sure Monero will rise up hard with the market demand very soon! Thanks for your time.
Monero will almost certainly be made illegal in many countries in the future and it will probably negatively effect the price. However, this probably will not happen until after the price rises significantly first. If that happens, it will probably encourage anon coin lovers to like it more... Some people just love the bad boy (outcast) of the lot. |
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Too bad that no big social media campaigns about monero,if we have some decent social media campaigns 2018 is the year of monero ,i personally think next to bitcoin the only coin next to it is monero,(maybe ethereum and monero might share the 2nd place but not ripple or anything)
I thought that was what all the reddit we got a million new users thing was about? The Monero subreddit is pretty misleading, yes it has 100k subscribers but I dare say it isn't at all active for having 100k subs. You still see posts on the front page with like 1 upvote that is up for 10+ hours (sometimes a day) which just shouldn't happen for a subreddit of that 'size' I think its mostly because the overwhelming majority of people in crypto only care about the price then they realise they aren't allowed to post anything about the price then get shunned to an even more inactive subreddit. I disagree with your statement that 100k subs on subreddit Monero are not active. They are just not spammy as are on so many Crypto subreddits. They rather read then ass close to nothing to discussion. Ehem, ehem, XMR users are attracted to anon coin for a reason...and usually, most of them want to remain anon as well... |
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Just to let this off my chest because of posts chastising people who bought coins at x5 or x10 their ICO. Honestly, no one knows how much is too much. BTC for example. Someone paid 10,000 BTC for 2 pizza in 2010...say those 2 pizza was worth $10, that makes BTC at that point worth $0.001 Using this value, is BTC expensive at; x10 or $0.01? x100 or $0.10? x1,000 or $1.00? x10,000 or $10.00? We all know the answer now but not when people were buying them at that price (ATH). Who knows how high; ICX, VEN, NEO, XMR will go? Are people who buy them at ATH stupid? I don't think so. If I believe on a coin, I don't care if it just pumped x10, if I think (and yes I could be mistaken) it will go up more I will buy it. For me, it happened with XMR, NEO, EMC2, VEN, ICX, PRL, WTC etc. Not all are success stories, I have my fails but all in all...I am way ahead and who knows, one of them might follow the path of BTC or ETH. RANT over. |
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i totally agree with meunez above and I missed the boat everywhere.
So now I feel I gotta get mines, so im looking and its like, it seems if the coin has broken $1, then its way too late, im starting to think if they break .10 then youre way too late. Makes me sick seeing how low some of this stuff was a few years ago even last year and the crypto boat has pretty much sailed on everything on that top 40 list.
It seems you gotta catch these coins before they break .10 in order to be able to make decent money if they ever break $1 and so on. But its like if you invest in a coin that already $10, then $100 will only get you 10 and if that hits $100 that 10x but that seems like such a long shot now
but something .004 seems a lot easier for that to 100x. Even if you get the discout (i guess) for the bigs like eth at $800. how many does a new investor have to invest to buy at that price.
IT must be a wonderland for all the people who got paid off big last year on alts and bitcoins, cause now they can just get in for a lot on any new coin and so on. the more I look the more I realized that theyre maybe no getting on this boat anymore. Just gonna gamble on the low coins and hope something big happens.
Thanks for the compliment, but its not too late. I have made insane profits from altcoins and I only started a few months ago when Bitcoin was like $5000. You are making one mistake. While I do like coins for $0.001 thats not really the correct indicator. The correct indicator is market capitalization. So lets say some coin got only 100.000 coins , it might still be cheap even at $50 or $500. For something as Ripple, or ETH to double now, it will need many, many billions of dollars. And you have to consider all the millions of people who got it cheaper than you. But its still revolutionary times, the next big ripple, big ETH, might just be coming out and if its valued at lets say $100 million, and only another $100 million gets in, you will have doubled your money. If a billion $ gets in, you have x10 your money. While as for ETH; to double your money, $100 BILLION would need to get in. To be fair, I do the same and hunt new coins. In fact, made money on ICX, VEN, TRX, EMC2, ELF, CND, etc, etc., etc. It is however wrong the hit people who buy more expensive coins because they speculate. Using hindsight is foolish. As I said on earlier post,I counter your post with BTC/ETH, do you think people who bought them when they were 100x foolish? Look again. |
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You made the classic noob mistake. You went into all the stuff thats already high and had giant gains. Like Neblio I got for $5 or so.. You paid $27? ..... See your mistake? You should go in coins that are still low. I made like 30% in the time you only lost money despite the market going up and down only. Currently I am suggesting this as its probably going to rise. I dont suggest you going all in with it, and probably you make the 2nd noob mistake of holding on to your shitcoins instead of putting it into projects that actually have a good chance to go up a lot ..... but here it is anyways.. i expect this to go x20-x50 soon when they launch and announce their first partnerships-. https://bitcointalk.org/index.php?topic=2818552.0 i've spent fair amount of time doing my research. all of them are promising projects, especially sub and wabi Scare tactic...to shill a coin he believes in.  |
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It just makes no sense to buy high and think you will make profit. Especially not in this market. So with shitcoins I more mean that you just overpaid. I mean you can see in you losing money that its shitcoins to you, right? Like see ETH.... Dont you realize millions of people got ETH cheaper than you? Some for 10 cent? How naive is crypto investors they think they can ever make a profit before all the millions who got thousands of ETH for cheap? They will all cash out before you... And for every $10k out ... 10 new naive investors like you must get in again with 1k..... and thats why ETH is barely moving up because so many people got it cheap and collect their earnings and the higher it gets, the less sheep can be found. Why are you (and millions of others) so blind? Isnt it COMMON SENSE since thousands of years to buy cheap and sell high not the other way around ?
Meanwhile as you and 99% of the market lose money I invested in DATA(dta) and IOSTOKEN and others and some are already up 100% in the last 7 days, and some muchmore than that. I just sold a coin with x15 profit despite the market currently. Thats why I say you need to buy cheap even if 99% of crypto market dont believe me and only loses like in goldrush times and in dotcom bubble 99% always lose money because they are naive sheeps following the herd -.....next to blow up is spacechain,but keep playing it safe in the big bubble coins LOL
I disagree.Using ETH and BTC as example...you concentrate on the price where it is already at it's ATH. Can you say the same when it was $10, $20, $50, $200? When was it high enough NOT to buy? How can you say the new alts are already at their ATH? No one knows that is why we speculate. |
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