Why do we need to diversify our holdings? why we just all in in one coin to have a one time bigtime profit.
What if the coin you put all your investment in drops dramatically Won't you regret ? All in one investment seems to be really profitable but it's too risky as there is no security exit ( which allows you to minimise the loss ) . In the other hand, diversifying your business by choosing a couple of coins / ICOs/ project seems to be less profitable but more secure , so you have to look at both sides
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Blockchain is really the most developed technology ( and still being developed ) that proves itself as the best method to store data & execute transactions on the web . Google , if it seriously takes that path , revolutionary moves can happen , and of course cryptocurrencies won't miss the opportunity .
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Hi. Just saw in a telegram channel ( which is involved in cryptocurrencies analysis ) an overview of several coins and their activeness ( in term of prices ) for two months ago : all the observed coins showed negative results , except BTC which had a neutral result and LTC which had a significant positive result . 2 Months Ago vs Now:
Bitcoin: $8,500 ( +0% ) Ethereum: $967.88 ( -46% ) Ripple: $0.94 ( -33% ) Bcash: $1,294 ( -25% ) Litecoin: $129 ( +24% ) 👍 EOS: $9.56 ( -33% ) Cardano: $0.40 ( -56% ) Stellar: $0.38 ( -37% ) Neo: $123.89 ( -48% ) IOTA: $1.85 ( -30% )
Your thoughts ??
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Yeah I heard about it around 2-3 months ago , I think there is no need for such shopping coin since we can use PayPal, MasterCards & visa cards ... $1 100 amazon coins .Amazon Coins are a digital currency that you can use to buy games and apps from Amazon.
Why would they use this coin exclusively to buy digital products ?? I think it's non-sense cryptocurrency
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Trading volume is a very important indicator of any market ( & this importance is much bigger in crypto market due to its volatility ) , it gives significative signs of any coin/token moves ;ie , when the Trading Volume goes upper, the price -generaly- goes up too and vice versa . You can read this article for more information
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I think it's a very suitable time to start trading in such deep period ( because you can double your profit easily ) , except that you want to wait a bit for more stabilisation of the market . PS : I am following an investor telegram channel, he made 400℅ net profit within one month ( 20 February-23 March )
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Yeah, I heard that, they have chosen Malta because its investment climate is encouraging and seems to be friendly with cryptocurrencies business , they are looking too to create new competitive opportunities in that market
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Never , ( and I see a misunderstanding here ; great ICO with anonymous team ) Anyway ; a great ICO has a couple of criteria , among others, the team ( which ought to be an association of high qualified members who have -relatively- attractive profiles & they must own considerable crypto knowledge that lets them manage correctly the project)
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You have talked about two points : Firstly, regardless of their aims ,companies have the right to impose their own laws & instructions for those who want to take part in ( they may use users data illegally , so be careful ) . if I launch and ICO in Bermuda or the Cayman Islands, can the US government prosecute me if I have no business in the US?
I don't think, because any country doesn't have the right to prosecute persons ( humans & establishments ) outside its territories . It's better to see with law professionals
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For the near future, I guess we will see more altcoins ( or let's say shitcoins ) whose creators do not have a goal but collecting money from investors) . Unlike the long term expectation ( far future ) there won't be such innumerable non-sense coins ( because at that time investors would boycott all of them )
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Altcoins ( or let's say cryptocurrencies in general ) are hypersensitive to any crypto related news ( and even rumors which really affect the whole market ) then which coin can survive that can withstand the negative news attack
If I were you I would invest in both BTC & LTC because the first one is the strongest coin ( that can resist ) and the second has a great potential ( it's said it will be the 1st transactions coin )
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It seems to me that something is going wrong here, because, as we all know, cryptocurrencies are made / created in order to escape from the centralised sides ( banks, financial services, centralised exchanges... ) which act as a third party in any transaction we do , & this is not what crypto community is looking for
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Bitcoin and Crypto Markets Continue Their Slide…But Why?!
Many reasons : 1/ The fluctuating technical structure of cryptocurrencies & their unstable market 2/ Whales affect that's aiming to minimise prices. 3/ Panic sell from . 4/ Some websites & social media tools which spread rumors & fake news about cryptocurrencies
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I think we don't need to create a new coin that rivals etherium , coz the market is ( pretty saturated ) full of such altcoins that have strength & promising project ideas, which can qualify to compete With Eth . Examples ? NEO, EOS ( Eth killer ) , GOLEM... see this
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Cloud mining is not really trusted way to get some coins ( unless you can not buy hardwares or pay electricity bills ) , but it's still good in such cases , though the major risk is to end up with losses ( coz these companies can switch off at any unpredicted moment , if I remember hashocean is an example ) Do you think it makes sense to invest in the cloud mining of bitcoin now?
The difficulty is being more enforced & the generated amounts are being really shrunken, I'd prefer to switch to other coins ( especially those having potential )
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What is best according to you? Bitcoin or Altcoin?
This matter could be approached by two main sides : 1st / In term of profit; altcoins seem to be more profitable than bitcoin ( which has reached significant levels comparing to its value 5 years ago ) while altcoins are still fresh and have more potential . 2nd / In term of structure & technology : Bitcoin without any doubt gained this tournament because it's more experienced coin with a rich history of structurally data improvement
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However, by the time I had finally received it, the value of ETH has gone down so I only got around $9,700. So basically from there on, Im down 300 dollars.
It happens often, no worries because it's the volatility nature of cryptocurrencies , they may fluctuate instantly from red to green and vice versa, just deal with it as a normal event . Let's say hypothetically, the alt coin I want to swing trade is priced at 45 cents. If the coin goes up to 47 cents and sell, I would have made $431 in profit
I don't trust such kind of investment, it's better to spread that 9700 $ ( which is a considerable amount ) on several " well studied " coins
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This should be integrated into the investment plan before taking any step . Anyway, crisis time is really an awkward situation where most traders lose control over "what should be done immediately " . For me , I think the most important thing to do is to control the nerves , then try to do a full study of the market, then take the decision whether to continue investing or to recede
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It's a kind of gambling because you don't know whether the next move would be as you expected ( in this case you get profit ) or the inverse ( so simply you loose ) . And as members said , youtubers try to show exclusively the bright side ( even if it's made with fake data ) ( in fact they draw a flowering dreams ) and they try to refer people by ignoring the risk & the negative side within this method
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It's a bit hard to say exactly when the red colour will convert to the green one, but some assimilations are still possible to give us signals to approximately predict performance indexes of the market Look at this chart, it presents clearly that the growth usually start with the beginning of each Q2 of each year
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