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Why did you lose on a trade? the answer is very simple! you were impatience! Have you seen a Farmer that plant a corn and uproot in the next few day simply because he needed to eat corn? That was exactly what you did!
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Volatility is second nature to cryptocurrency! You have to embrace that fact! If you are going to be successful you must make volatility work for you. I am sure resource you can read in this regard!
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If you are discipline and you can stick to your plan and work around your schedule when there a clash, you can definitely combine your job with cryptocurrency trading.
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Nothing is happening to bitcoin. If you are nit an expert trader, it will be good not to be concerned about price volatility! Bitcoin is solid as rock and bitcoin is the future of money!
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Bitcoin is a mainstream cryptocurrency! You as don't sell performing asset! If any thing you try to consolidate your position on quality asset like bitcoin. If you ask people who were confused about the potential of bitcoin, I am sure they will have a lots of stories to tell.
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My favourite currency exchange fir 2017 is etherdelta! Etherdelta really pull off the decentralization ideas. It is elating and suprising that this could be achieve faster than anyone could expect! I am looking forward for more innovation in 2018!
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Bitcoin is the no.1 cryptocurrency and naturally that is the coin you should be holding! I understand there mire than thousands altcoin to choose from but when it come to store of value an currency function, bitcoin might be your best bet!
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I think it is pretty simple to overcome said fear if there us any fear at all in holding your coin. Knowldge chase away fears so saying goes. The more you know about the coin you are invested in the more certain you will be about the coinan it's future
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What make me trust any coin is a combination of many factors. I try to look for source code of any coin on github. I look for how much contribution has been made to it's development and the integrity of he code!
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There are many stable altcoin in coinmarketcap top 30 coin. My favourite stable altcoin are:
1. Ether
2. Monero
3. Litecoin
4. XRP
There are other altcoin that enjoy pretty much stability you may have to find out for yourself!
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By this time next year, we might see the price of ether in the range of $5000 to $7000! I am speculating these prices based on development that is going on in ethereum and the prospect of ethereum going full POS.The price increase this year also serve as my basis for my speculation
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Ethereum is the best platform right now in cryptospace. Ether is definitely a good coin to buy! Ether had done well in terms of price and next year will bring about serious price increase on ether.
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Ether is my first choice of m strategic long term investment. I chose ether because it is very independent of bitcoin and it's platform has witness unprecedented development and growth this year.
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Ethereum currency ether has retrace a little, this might be the right time to go deep and buy as much as you can because as it is, ether had been very stable and it has enjoy the patronage of all crypto traders snd investors this year!
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I think every savvy investors may be cashing out. It is unprofessional of creator of some prominent altcoin to have declared that they sold every single coin of their own created coin and some other coin they held. Basing such action on conflict of interest. If the owner of enterprise is cashing out, what do you think investors would do?
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You have articulated some salient point that should guide would be investors into investing in any ICO. However, you have not mention a very important question to ask which is: Does the ICO you are investing in already has a Product or Service they want to develop or spend the proceed of ICO on?
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Yes ethereum might hit $1000 by January but as it is now, it seem cryptocurrency has hits it's all-time high for now! There has been serious atomic rise in prices. January may lead way to corrections accross board.
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Etherdelta decentralized exchange is a first case use of decentralisation. It places power right on the laps of users that is why I prefer etherdelta to many centralized exchanges.
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Bitcoin price is still selling at the premium price. The potential price of bitcoin is in seven figure as it is predicted by the Leaders and Analyst in crypto space. The price different you see in Bitcoin vis a vis Altcoin is because Bitcoin is the first, most secure and most popular of all cryptcurrency.
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