6 month holding life running with altcoin. I don't get any profit from altcoin. my question is really have any future for altcoin? I just tired with altcoin.please drop your suggestion.
thankss😭
I don't think you can put all altcoins together as one group. Some are good for trading, some are not. And a lot is dependent on when you bought them. If you bought them before a big price increase, then they have gone up. If you bought say at this summer's pre-bch peak then they might have dropped. Highly dependent on individual circumstances and individual coins. Alts are great if you know what to invest in and when... the difficulty is getting this right. |
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No, I think it's just a reaction to the segwit2x cancellation, and then a massive pump. I don't think it will stay so high and will drop back to a few hundred dollars quite soon. Very impressive pump though, I think this is a quite alarming demonstration of just how much prices are based on pure speculation with little substance.
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I get my news from a mixture of places really. The news sites for general stuff, but if you want to get early news to give you an edge in trading then reddit and twitter are good, plus the websites of each individual coin.
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So I've seen a couple of these posts before, Where people ask's for suggestions on which single altcoin to put X amount of money into, with the hopes of it making them millionaires. Thought i'd try doing the same thing, buuut seeing as I Don't really feel like putting all of my trust into one coin, I thought i'd Do it with 5 coins.
The problem is that everyone will give you different answers depending on their own perspective, and you have no way to determine which is good advice and which is bad. The most important thing is always do your own research, especially if you're putting in a large amount. I have my personal favourites, but you need to ensure there is a degree of safety to your investments... so for this reason I would always say have a fairly big percentage in bitcoin, then the rest have a lot in higher cap alts and then smaller amounts in more speculative lower cap coins. |
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Its like Bitcoin Cash,but you better do some research for you to be sure if its worth to get.
I don't think it's like bitcoin cash. Bitcoin cash at least has a degree of legitimacy. I think it's very unlikely that bitcoin gold will reach the prices that btc cash has. All that stuff about retaining a % of coins for themselves is very suspect. |
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Hello everyone,
I just joined the forum even though I have been reading it for a while. With so many altcoins doing really well in the last few days I was wondering how would you guys invest 10000 today?
I'd probably buy Ether, Litecoin and Monero.
You should definitely put a big proportion in bitcoin, half at least. Not sure about Litecoin but Eth and Monero would also be good. Having a big% in bitcoin will give you an incentive to keep up with bitcoin news, which is important as it has a huge impact on all altcoin prices. |
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Hi, everyone. I got about $5000 to invest in crypto. Which one is more secure and profitable: trade crypto (yes, I'm a newbie) or invest in ICO? I've made my own research and investing in several ICO's seems more attractive for me, but want to know your opinions  If you are a newbie, then neither. I would recommend put 60% in bitcoin, 30% in good alts in the top 10 in marketcap, 10% in more speculative stuff. Then you can learn trading by working with very small amounts only for several months until you have learned the ropes (or decided that you don't like it). One thing I would say is be wary of ICOs as you'll need to do a lot of research to determine if a project is good or not, and also there is often a huge dump as soon as they hit the exchanges. Another thing you can do is participate in bounty campaigns and airdrops. |
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Thanks for the warning, this does sound like a scam. This is a big problem with airdrops - it's easy to scam because you have to be quick to apply so there is built-in FOMO which leads to people making quick decisions.
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So after doing a TON of research I rearranged my schedule and decided to try my hand at day trading.
I decided to start off really small, so I only put in .02 BTC to see where I can go with it.
I've been using only cryptopia.
After three days...I'm up to .0338711 BTC! Wao! I'm a rich man! lol...
I was pleasantly surprised that a simple strategy brought steady gains.
I spent a lot of time trying to figure out indicators of coins that were about to be pumped. I looked at trade volume, spikes in value, market cap, buy/sell order history, etc.
I am going about this very cautiously, so when I felt like a coin was about to or in the beginning to middle stages of being pumped, I would buy it, and right away put in a sell order that was slightly higher for a small gain. I tried my best to not put in too much and resell for a lot higher and the result was steady (but tiny gains). As I get comfortable with this I will probably try larger investments.
I know I'm very amateurish but it feels good to get better at something yeah?
Anyone had similar experiences in day trading?
Congratulations on doing well so far. One thing to be aware of is that it is easy to keep your emotions out of it when you are dealing only with small amounts. The more you scale up, the more your emotions come into play. If you bet 0.01 BTC on a trade and you start to lose it is easy to wait until it turns into a gain... but not so easy if you are betting 10 btc and it starts to dip... the fear and panic is so much greater and you will want to limit your losses rather than ride it out, so just be aware of that effect. |
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Some exchanges are safer than others, but there is always a risk. It's not so much who holds the private key as whether the exchange gets hacked, shuts down, stops you withdrawing etc.
Best rule is just keep what you need for trading on the exchanges, everything else keep in your own wallet.
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I would recommend you to stay away from ICOS with that price range, especially because the last few ones have been very disappointing from a ROI perspective. With that out of the way, i'd go for something like 50% Bitcoin+Ethereum and 50% in some promising alts - i'll leave the research up to you, don't listen to troll shills for this.
I'd second that. ICOs often have a huge dump as soon as they hit exchanges, and even the best projects have an initial dip. I'd say 50% bitcoin, 30% Eth, 20% promising alts. But don't spread yourself too thinly - it is hard to keep track of lots of coins, much easier if you are just following the news for bitcoin and eth. Most important advice is a) understand that bitcoin movements influence every other coin hugely, b) do your own research for everything, and c) make reasoned decisions, not panicked ones in response to market movement. |
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im new to this field and hope to invest on my first ico.i dont have huge capital.so i like to start with a affordable good ico.i hope to invest with in 1 week.can you please tell me your ideas about running/upcomming icos
Best advice is don't invest in an ICO if you don't know what you're doing. I would say put your money in bitcoin and maybe a few top alts. Then follow the news and follow how the markets behave, maybe do a little trading (with small amounts) if you are interested in it. And then after you've learned a lot, then maybe look at ICOs... so you go in knowing not just about that ICO but also about dump patterns and general market behaviour. |
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A good rule of thumb to follow is safety of the investment is proportional to marketcap of the coin... so bitcoin is 4 or 5x safer than ETH... and other coins are much less than these two. Obviously there is a lot of variation (plus circulating supply vs total supply etc), but for a coin that you don't know much about, current cap can tell you quite a bit.
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I'm very wary about the B2X fork. Yes we are getting a lot of dropping out from the NYA, but I think the issue is a long way from settled. This fork could really cause some major chaos. All I'm seeing is bitcoin price rising because people think it will be another bitcoin cash with free coins... but I think this one has the potential to be much more disruptive, with a genuine split rather than just the birth of another altcoin.
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hi would like to know how so we use or sell our ICO token ?
You need to find an exchange that it is listed on, then open an account on that exchange and send to the token address there... then you can trade it for btc or eth, which you can then cash out for fiat. If you can't find your token listed anywhere and it is an erc20 (on the ETH chain), then EtherDelta exchange is probably your best bet. |
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Wondering to see what everyones opinions are for upward price movement on the top Alts before the new year?
Outside of let's say the top 5 based on Mkt Cap.
I was going to say ETH, but that's a top 5  I only know some of the lower cap coins, but I think Aventus should rise soon. Also I think Aragon will go back up sooner rather than later. |
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Very nice work, thank you. A site like this is badly needed. It can be almost impossible to keep track of multiple ICO progress, and this keeps it all in one place.
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hi all what do u all do with token after invest in ico?
I don't really take part in ICOs, but most people move the tokens immediately to an exchange and dump them before the price drops too hard. It's a shame, but projects sometimes bring this on themselves by offering bonus% incentives for early investors. |
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Celeb promoting it??? Big chances it's a scam I'd disagree... if the project is paying a lot of money for celeb endorsement, then chances are it's a genuine project. Stox for example had Floyd Mayweather and a big-name footballer promoting them, and I'm sure that one is not a scam. |
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It is all going very well. One note of warning though is that these big price rises tend to overshoot, and the sharper the rise the sharper the inevitable fallback... so if you are buying, make sure you don't leave it too late.
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