Yes I am also fan of both XRP and Curaizon. I have invested in ripple and am happy that the coin is increasing vertically in prices and hope that it will hit $1 in a few days. Not only ripple, but all coins will increase in prices including Curaizon. Gone are those days when coins were in pain.
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I appreciate your suggestion. But there is nothing new in your suggestion. It is the old cliche that people are suggesting to investors investing only the amount of money one can afford to lose. Given the volatility of cryptocurrency, it is essential to exercise restraints in investing. And this is also applicable to bounty campaigns. Participate in bounty campaign if you can give time to it and complete the task given.
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If you heed my suggestion. I want you to invest in ethereum, the only good altcoin behind bitcoin with possibilities to dominate the market in the nearest future. The prices of ethereum is highly low as compared to the past. This lowest prices of the coin mean just to rise and go strong in the coming days. Its prices are projected to hit $ 1200 by the end of the year 2019. So go for it.
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Both IPO and ICO are similar in many ways. Both are the process of collecting money before the project is put into practice. And there are risks too as the future of the project is uncertain. It may be successful or failure. So I think it is riskier to invest in ICOs, and a beneficial in less cases.
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I personally like ethereum and I am its big supporter. I can say firmly that the coin is good investment and its prices will reach moon soon, although its prices are declining rapidly. Many factors can cause the decline of even good coins in prices, and in cryptocurrency, the decrease and increase of prices of a coin alone should not or cannot determine its importance and values as the market is volatile. So ethereum is good coin.
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Both have opportunities and risks. So it means both are good and bad. If you lack knowledge and ideas about cryptocurrency, you are likely to suffer loss both in cryptocurrency and stock. It does not mean that one can earn only when the market is up. But one can earn profit even when the market is down all thanks to his or her skills in trading.
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In my country, any sort of cryptocurrency is banned as the government deems it illegal. So there is no chance for any activities relating to cryptocurrency to take place here. The government has gone to the point that it arrested some on the charge of involvement in crypto-related activities. So we cannot invest in cryptocurrency directly here.
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My first experience with cryptocurrency is around two years back by one of my relatives. I was hesitant to involve in it though. I involved in it with the purpose of getting fast-riches. But I ended up suffering loss. And now I have realized that cryptocurrency is like stock market and it takes time to give benefit. So I am trying to keep patience and keep up with the basics of the crypto market.
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Cryptocurrency will be legalized eventually. Although some countries are strongly against it, they will eventually give in understanding the importance and value of cryptocurrency. Now you can see that many countries are trying to accept it by putting regulations in place. In addition, in many countries, cryptocurrency is becoming the method of payment. So it will be accepted by many albeit late.
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Many things happened between the period of 6-7 months. Most of all is cryptocurrency is on a downward spiral--prices of almost all coins have decreased significantly over the past one month. Notably, ethereum, my favourite altcoin, has sharply declined in prices. Other developments are regulatory measures are in place. People are getting aware of the importance of cryptocurrency.
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Yes friend, I do like collecting various coins. So far I have over 40 coins on my list that I bought, and some of them I got by participating in bounty campaigns. But the problem is that I cannot hold them for long as I need to sell them when their prices increase. I do sell them when their prices increase.
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The only solution at this moment is hold your coins until that reach the point where you will recover your loss. Patience is the key option is applied here. You can also trading with new investment like you can buy new coins at low and sell them at high. Those who are experienced in trading can earn income even when the market is down.
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I do not think that there are any altcoins that is posing challenges to ethereum, the only one and best cryptocurrency so far. Ethereum is so amazing that it will even beat bitcoin in the coming future. Its team and technology are amazing. Although its prices are lower at this point of time, it will reach the moon soon. So hurry up.
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If you are thinking about investing in altcoin and hold for a year, the only coin that I can recommend you for investment is stellar. You can see the market when the stellar and cardano were at the same point in prices in the past. But now see the price differences between the two coins are almost half. Furthermore coinbase's announcement to take stellar as custody coin has also heightened its popularity and importance.
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Although bitcoin is not altcoin, it is I think performing its best lately with its prices almost not being affected. See the market trend, its prices are not volatile as compared to other coins. So bitcoin is a stable coin. As far as altcoins are concerned, stellar is another stable coin and it will grow much in the coming days.
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Unfortunately, I have not earned any amount of bitcoin so far, and I do not ways to mine bitcoin. I have only heard about it. But I have been participating in many bounty campaigns, which give me certain amount of tokens. I have participated in over 10 bounty campaigns and all of them are yet to be listed on exchanges. I hope they will give me some money.
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I 100 percent agree with you. Unlike in the past, there is no chance I think that cryptocurrency will not make anybody riches overnight. And investors should not expect cryptocurrency to make them riches overnight. Cryptocurrency is not like a magic stick, but a project and it requires more time to develop and give you profit. So keep patience.
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I think that both panic buy and sell are bad. My experience is that I bought almost all coins when they ware at their high prices. Like, I bought ripple when its prices were over $3. I bought it in haste thinking that it would be too much late to buy. But see its prices at around $0.30. I have other coins like stellar, tron, cardano, siacoin, cindicator, verge, IOTA, all of which I bought in haste. So do not get panic in buying and selling.
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Both of them in my view are good coins. But it is up to you in which coins you want to invest as there are many good coins in the market. Tron and cardano are good investment, and furthermore coinbase's announcement of adopting 40 coins including the two coins has created positive attitude about these coins. So if you want to heed my suggestions, you can go for both of them.
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I am wondering what is happening to ethereum, my best coin. Ethereum is performing very bad and its prices are declining rapidly as compared to other coins. Here I can suggest that people may invest in other coins than already established coins. MTC is a new coin which was introduced just three months ago. And its prices peaked at $ 0.41 just after one month, now stands at around $ 0.07, and is projected to reach $0.50 in coming month. On top of that, it will provide bonus tokens to its holders for the next two consecutive years.
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