You need to remember that the market is run by the Whales and people who have a lot of crypto currency. And not news - news is only a side-effect of the action on the market.
I agree with you that the market is run by whales. But don't forget that the news, rumors and gosips a are one of the tools used to control the panic and emotions of the small investors.
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I think that the interest banks are paying are very low and people are trying to find new ways to use their savings and earn profit of it. But I don't think that a lot of people are investing in crypto.
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If bonuses are higher on pre sale, why do so many people wait for public sale? I seen thrive get a huge jump on public sale? I don't understand?
From one side if the project is very promising and have a lot of interest the big investors buys it all. If the project is questionable, most of the investors don't want to get into it so early and wait for public sale, because they want to see how the project will develop and how much interest will gain. for public sale.
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What is the future of Litecoin? How long it may stay? is there any chance to be vanish it?
I think Litecoin is good project and I have faith in it. Litecoins popularity has grown lately and I think it have good future ahead.
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I try to sell them as soon as they go to the exchange. If you do not immediately sell them, then you can have problems and have to wait a very long time
I don't think this is the best strategy. Usually the price drops when everybody is dumping. IMO holding it for a while is a lot better.
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John McAfee is a speculator, so everything he says must be triple checked, since he may have his own interest in pumping a certain coin, even if for short time. And Ethereum price vs Dollar getting back to the levels of November 2018 may be worrying for him, so he may have decided to try to revive that before his investment gets to loss.
This is very well said! John McAfee is not to be trusted. He has his own agenda and he doesn't care about anything or anyone else. He has done some damage to crypto already and I think he will do a lot more.
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If i'm looking to make my first crypto purchase, which one would you suggest buying and why? I love ETH because it's established but still not as expensive as BTC, but I also am hearing about TRX (TRON) nonstop...
If lets say I have $500 to start with, what should I buy and why?
Dont buy ethereum the price is easily influenced by ico's buying from isn't a bad idea... But I advice you go for ada instead I am sorry, but this is not a valuable advice. Ethereum has been good investment option and nothing has changed IMO. Cardano is good coin, but it is not comparable with Ethereum. And TRON is not good option at the moment.
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I am starting to loose hope in Bitcoin. Like really i need to cash out and for me its on its lowest... It's really sad to know that some of us are trying to sell their coins even if in much lower cost and even if they know that it causes them losses. In this scenario we better to do is calm and loose hope and always think possitive therefore it will be result a positive thing. Loosing hope is a really a bad thing to do. Just remember that as long as we alive there are always be a hope. We need to believe to the ability of this system for us to be successful in the near future. I am not feeling sorry for anyone who is afraid of corrections and decide to sell when losing. IMO investing is not for people with weak nerves. The people who are not able to hold still are the ones that create panic and hurt themselves.
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NEO is great coin and I believe that it's worth investing. Right now the price is under $50, so don't wait any longer and invest now.
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Why do we need to diversify our holdings? why we just all in in one coin to have a one time bigtime profit.
You don't need to diversify. This is strategy used to limit the loses when some of the coins goes south and loses its value. IMO diversification is very important for successful investments.
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Most of the ICOs get dumped to half the ICO prices after launching in markets, so why invest in ICOs and wait for so long when one can just buy in the markets for 50% off the ICO price. Also you wont be risking your investment that much in comparison to investing in such a early phase.
First of all not every ICO are dumped when launched in markets and not all of the ICO are drooping their price. When you invest in ICO the bonuses can be very good, but it is a bit riskier. IMO if I know the project is going to be good, useful and popular I would invest in ICO period.
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Wow! Didn't realize TRX is doing so good even in this bad market.
This picture of the graphic is from beginning of January when the whole market was booming. Current price of TRON is $0.035230.
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what do you use wallet or exchange for? Do you want to trade or hold ? If you hold on a mid term or trade, you should use exchange. And hold your coin for security, you should use hardware wallet.
I think you should always choose wallet, except when you are going to sell it very, very quick. IMO mid-term holdings are for wallet as well.
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In my oppinion NEO is not he best choice for a long term hold. It has a lot of compatitors like EOS, ONT, ICX which look much stronge and prospective. NEO can win this rally only if China remove the crypto ban, but I don't see how it can happen in the nearrest future.
I cannot agree with you. NEO is one of the best option for long term investment and probably the best competitor of Ethereum.
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ETH prices are down very low. Is this the right time to all in ETH?
I am always against all in in any coin. I think now is the time to invest in Etherium, but don't go all in. Diversify your investments to prevent disaster.
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I have no idea how did you come up with this time period, but I don't think so. The matter in fact is that I would not even make a prediction for that period. IMO the market has not changed much and it still the same.
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Nothing is wrong with https://www.myetherwallet.com/. I never have any problems with it. IMO post of complains come from members that have been sloppy with their private key and look for someone to blame.
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at this time I prefer to buy ETH and Hodl until the price increases I will sell to get more profit. the end of this bitcoin the price is very fast decreased and increased very little. I think the bitcoin for the current price is unstable. for the better I think the ETH is very good and the price is still stable for now. I think ETH is the future
I don't think you are right, because Ethereum lost a more of its value compare to Bitcoin. During the pick Price(BTC) was 0.12 and now is 0.06. Anyway Ethereum is still good project worth investing, but it is not in better condition than Bitcoin.
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The price of Ethereum now around $520 so dropped already more than 50% from highest price, so this is best times to get it and could be in a few month the price will rebound and new ATH again to $3000. This is will possible by look in to daily history chart, the price was $400 in a few month ago and dropped to $150 and then was going up to $1200. So will be possible for ETH to go to $3000 in this year.
If we follow this picture yes, we should expect Ethereum to go around $3000. But nothing is for sure in this market and we should not relay on last years movement only. Ethereum is good investment especially on the current price, because Ethereums price will go up. May be not to $3000, but will pass $1000 for sure.
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I am a normal person who just work in an office that has only small gain of penny. When I was introduced in crypto world, my ideas widen. I now participating on the social media bounty campaign (facebook , twitter etc.) which I gained an amount of token, and exchange it directly on the market. In spending time of bounty campaign, I have a monthly income that triples my office work salary. May I ask an opinion, I want to resign in my office work, and just spend my full time in participating bounty campaign, is my decision correct?
No, it's not good idea. Bounty could be very profitable, but if you want to make living from it, you have to be well secured in financial aspect. I suggest to have money for living (rent, food, etc) for at least 6 months to a year. And some investments on a side, because you should not relay on bounty alone.
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