It make sense to be hodlers but only under two conditions, First, having a large amount. Second get it at low price. If you invest a large amount you'll profit on long term, but if you have only small amount it doesn't worth wait a long period of time to double that amount. actually with active trading you double that amount in short time, So holding is not the perfect strategy in that regard. In reality what happens is most people buy at high price and hold, this a wrong thing to do and 99% you will end up losing a lot and waiting a long time for just having your capital back. Having that said, I disagree with freightjoe's argument that, saying that bitcoin price will never recover, the time has proven that he was wrong anyway, we saw the bitcoin up to 14k against though we still not sure if this a bull market or it's just Dead cat bounce.
right and that means trading will be more profitable despite the many efforts that need to be done but at least we don't need to waste time just to hold for a long time, because usually they only spend a little money to hold the long term and of course it will not profitable in the end |
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alts season will at least come but i'm sure we won't be able to confirm for now because the bear market is still happening, but with the current situation worse i still believe there will be a recovery at least in the near future before the year changes
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i don't think it's a game of pump and dump or manipulation, because prices are falling so hard in such a short time. maybe this is a reaction that occurs by the issues circulating out there that cause a great panic to occur. i just hope this is a normal event by the market sentiment that is happening and maybe the falling price so far will make a big improvement next day
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Is crypto included in the ponzi scheme to get rich quickly?
in most cases I have observed why people rush to get short profits, this is not a good way. I mean the decisions they make are not based on common sense.
This is not what you think, if you think that crypto can become rich overnight, you don't need to bother avoiding investment risks. You only need to focus on crypto investments that you think can make you rich.
but unfortunately the market says it's different, there is no way to get quick profits & all you have to do is how you can survive in this market. between a fixed choice with the same option or switch with another option.
i don't know what points you mean, but when it comes to options for getting rich then there will be many options available but one thing you have to understand is that there are no options for getting rich quickly or even just overnight. alright, you still believe that option but i'm not sure that option is a legal option, because to get rich it takes a long time and struggle |
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Haven't heard major crime stories related to Crypto recently. The whole world's government is tightening the grip on the use case of crypto currencies. So countries have banned it and have started taking action against their citizens who happen to use it for any purpose whatsoever.
even in my country there are no restrictions on the use of crypto and i don't know the news. indeed, there have been no crimes involving crypto recently, but at least every time a crime occurs the news will involve a crime with crypto which of course is a serious problem because it will adversely affect the crypto market itself |
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I just want to advise you to continue to choose the safe way, meaning that there is no need to gamble with very low coins at this time because the market has a different situation. so just choose a coin that has a reputation and a large volume in the market, so that investment for the long term will be the right choice
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of course with the many scam projects that have sprung up will only make this industry worse, with such incidents it is certainly difficult for investors to trust every existing project. so to anticipate this problem, strict regulations will make scam projects minimized, because to eliminate scam projects is such a difficult thing in this field, but when there are stricter regulations then at least it will make investors think more wisely to support each project who really have clear goals all the time
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Behavior of the alts cannot be easily predicted nowadays. At previous market conditions we know that the price of Alts decreasing when BTC increases very fast, and that prices of the alts increasing while BTC is Stabil or decreasing slowly. In todays market conditions we can see shard drops at alts while BTC increasing, decreasing or stabile. So it is better to follow coins closely and waiting breakouts for open any new positions.
waiting breakouts for buy i think this way is not right for now, because now prices are still relatively low and i'm not sure there will be a sharper decline and when prices start to recover it seems we can see the next breakouts will be good for alts because even though the recovery is slow but that's a good chart for us to start buying it |
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Hi All,
I've noticed that some coins/tokens create their launch announcements on other cryptocurrency forums/threads/boards before coming to announce here on Bitcointalk. I will like those of us who are aware of those other forums to kindly post links to such forums so that more people can be aware and not miss out on new coin launches. Thanks in anticipation. Cheers!!!
i've used bots in this case at telegram, so when there is a new project that opens the thread then i get a notification on the telegram. but for now i no longer use it because i was already not active there |
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i guess buying a house is the main goal for every individual, so it is not wrong to buy a house because it is also an investment that will be very good for the future. we cannot just focus on one goal because if that goal cannot be achieved then it is a big loss, so with the cryptocurrency for investment it will also be very good to do as long as we are able to make investments simultaneously
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I have different point of view.I see bitcoin and legitimate altcoins like a one cryptocurrencies movement alternative to fiat money. Bitcoin is king because bitcoin was first but bitcoin blockchain is most secure from all kind of blockchain. Security is most important and will be most important factor
that's true and when there are transactions that are faster but don't have good security then it will only make its popularity decrease, we don't care about slower transactions because if it's safe then it will be the right choice to maintain. so it is not easy to replace bitcoin, even though the price is dropping very hard but it will not make the position of bitcoin easily replaced because the market is still very affected by the trends that happen in bitcoin |
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So there are 12 words chosen from thousands to recover any wallet.
If you iterate through random word combinations you will eventually generate a wallet that exists, correct?
I know the number of combinations is astronomical. But in theory if you keep generating random phrases, you might eventually stumble upon a wallet holding millions?
it will not be as easy as you imagine, there are thousands of words out there used for phrase words and when you start randomizing every word it will always fail and will only waste your time even though you have tried it many times |
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Know your CEO is exactly what is need to clean up the ICO market, there are too many horror stories about exit scams and there is nothing that can be done about it as we don't really know who the CEO is or what safety there is for investors.
no strong law makes no protection for investors, with high awareness, an investor must always be careful and always do more research before investing. so this investment is indeed very risky but because so far the growth of this industry has continued to increase, investing in industry is still a good option as long as we are able to do well with wise research |
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stress when there is a sharp decline, but as long as we are able to believe the market will recover, we will automatically feel more calm in facing the decline that happens. so trading is not always stressful because there are times when we rise even though recovery does not happen
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Implementing patience in crypto is equivalent of the word " Never give up " it is actually one of the main reason for us to become successful in
crypto trading also. But of course we need to wise in investing coins so that our patience or holding it will not be end into nothing.
keep thinking wisely will make you more confident and when the market down it will not make you panic and will not be easy to give up, giving up will only make you far from success |
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Greed in cryptocurrency is the worst quality, because it is greed that causes more losses to people in cryptocurrency
greed only has an adverse effect on itself and does not have a bad impact on the crypto community, when you are greedy, of course it will make you depressed, so to overcome it try to be satisfied with the profits that have been obtained and always control your emotions well |
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I think its best option to holding some your assets on windows wallet like that , but I just worried for synchronizing wallet network.. because I always got stuck on sync wallet. I don't know what happen.
And for now , I just hold some assets like ERC20 tokens or coins on MyEtherWallet. Easier to transfer to exchanges and other wallet what we want but If we talk about security , myetherwallet is weak to got hacked. My experience use Myetherwallet is okay , feel comfortable use it.
if so far you are comfortable and safe using the MEW wallet, you should not say the MEW wallet has weak security and easily hacked, because the security depends on the wearer, if the wearer is always careful then keeping the private key safely will keep your wallet still secure |
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I think trying to buy automatic or chain tokens is currently warm, I think it's very good. Please try
for now i think all the coins good to buy because the progress of the market itself is very promising a more significant increase |
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Indeed, today investments in Binans look very attractive. But for some reason, it all looks very alarming, because I have already got used to watching the fact that after a big rush, there should be a very sharp collapse. Based on this, soon you can expect anything from the BNB.
That is what likely to happen when possible price hypes will occur during fast price surges. As previous market behavior begun to pull down total market capacity, the recovery of each coins isn't gaining good track yet. Buying and holding for a year can be profitable if there's continuous price increase, and progressive developments for entire cryptocurrency communities. but for the current period i think that is very good because the bullish trend is very strong so far and to hold it up for the next year i think it is a very good investment because it has good potential for prices to continue to increase |
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While Bitcoin costs about $11,000, ETH will not be able to grow much, you need to wait for the season of altcoins, so that ETH will grow strongly
yes, everything is just about time because in due course altcoins will definitely boom, we will still have another half year to reach the end and i think there will always be changes and the altcoins season will come |
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