Latest posts of: kambaralikhan

A crypto with utility, a crypto that can be use in daily life as source of payment would impress me nowadays. It's acceptability worldwide. I'm tired of seeing crypto only to the extent of money making source, speculations etc.

For trading you gonna need more funds, Add some more money from your disposable money and start trading. You can earn good returns from trading if you play safe, Playing safe means if you don't wait for big profits. Add small margins of upto 0.5% or 1% to your orders and make trades on daily basis. This strategy will help you a lot.

I think you should buy cheap in price but blue chip cryptocurrencies like ripple, EOS, Steller, Tron or Cardano etc and place your order by adding a little profit of upto 0.5 or 1% in your order as you want to earn on daily basis. Most of the investors have small funds to invest so they go after cheap coins and there are chances that maybe the coin in which you invest gave you good return.

Every economic system needs stability and for that time is required. Mass adoption of cryptocurrencies and utility is very important for digital currencies to flourish. In the time of just 10 years see where cryptocurrencies are now so wait a little while and learn from the ups and downs of the cryptoeconomy. Neither recession lasts forever nor boom. Market will be back on it's feet soon. I think 2020 will be the year of recovery, market will recover in 2020 and 2021 will be the year of boom.. Well let's see what actually happens..

I agree with you, There should be limit of participants in every bounty project. Actually spammers also absurd the bounty campaigns too much like they join multiple times through different accounts and get more rewards and deprive the much deserving participants from rewards. There should be strict rules and softwares to detect the spammers.

There is no particular time to buy legendary cryptocurrency like ETHEREUM. ETH is highly sophisticated and promising coin having it's own blockchain and many alts are developed on ETH blockchain. ETH's position in cryptoworld is as same as of BTC. ETH is king of Alts. As ETH's price is low so I think it's the right time to buy.

Obviously the hackers, We try to keep our investments save by keeping pvt keys, passwords, logins secure and I think that's the best we can do. Try not to keep your cryptos on exchanges, keep them in wallets because it's safe. Never share your pvt keys etc with anyone.

The idea of decentralized economic system is as unique as the idea of wireless technology was back in 1800's. The future is of cryptocurrencies, The only problem is of mass adoption which is not adopted by the people but eventually it will be adopted and Yes above all the opportunity to earn something also exists. These are the reasons why I'm involved in Crypto, just want to get the first adopters advantage..

To recover the loss there is no hard and fast rule but yes a strategy here is for sure, If you buy crypto and it's price falls then wait is the best option but sometimes wait turns into never ending wait and coin/token keeps on falling more and more as the trend of market since last year. I think trading in blue chip cryptocurrencies is a save trade.

From your portfolio I was holding ATLANT for almost 2 years and after waiting so long I lost my faith in "HOLD" and sold ATLANT at minimal price. In my experience of word "HOLD" I must say only bluechip currencies are worth holding for long time. I was holding EOS for almost 8 months because EOS was dropped down right after the day I bought EOS but I hold EOS because I had faith because EOS is backed with highly sophisticated project and is listed on one of the best exchanges and finally EOS gave me good return.
From my experience I must say those cryptocurrencies which are backed with less sophisticated projects or those cryptocurrencies listed on small exchanges, they aren't worth holding for too long.

I agree with you that market conditions are not stable which means we can't make investments for long term as market's trend is more downward as compared to upward, in such market conditions I think the right strategy is to make numerous trades of small volume and small profit margins. Don't wait for big green candles, just earn small profit from trade and repeat it.

My best investment in 2018 was EOS, I was very much crypto noob back in 2018 and I invested in EOS just because it's rank on CoinmarketCap was good and I was thinking it could give me good returns without knowing anything about the project, coin background etc and right after buying EOS it's price dropped and I was left with no choice except to hold it and then the test of my patience started, so stressful it was for me but it taught me so many priceless experiences of cryptocurrency trading because I used to spent whole days watching candles and movements of prices and finally I got return. The EOS I bought for $2 in 2018 sold for $7.5 in 2019 Cheesy

But I think more than the return, I gained the experience of trading which is of much more worth than the return..

Some tips I would like to share.
1. Before buying any coin/token, Always know that cryptocurrency and just don't buy it because of it's rank like what i did.
2. The current news about the crypto like whether it's going to list on new reputable exchange or delist from existing reputable exchange.
3. Don't wait for the huge profits, If your coin/token comes in profit soon don't wait for the further returns because prices don't remain static due of speculations so they don't remain stable for long time, Pump and dump is what most of the traders do..

Blockchain wallet is the easiest and safest wallet in my personal experience, I have been using Blockchain wallet for more than 2 years and never faced any issue while using. I must say almost every wallet is safe and easy to use as long as you have access to the private keys. Always keep private keys of your wallet at a safe place and a place that you can access easily. I never recommend to keep cryptocurrencies on exchanges because exchanges can be hacked..
MyEtherWallet (MEW) is best for ERC-20 Tokens.

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Easiest way ? Well I can say this is the most easiest way that you buy any blue chip token or coin and wait that they give massive pump and you take your huge profit and repeat it but things don't really work like that, Market behaves against expectations most of the time and it becomes stressful when you spend whole day watching the market movements. There is no easiest way to earn money in crypto but YES there are ways to make money but for that you must have strong trading skills and experience as well. Keep your one eye on the news of the cryptomarket and other eye on the candles of the exchanges where you have placed orders. Buy low sell high that's the only formula of making money. Good Luck..

I think 2020 will be the year of corrections and 2021 will be the year of boom. Currently market is dropped down to significant level and it's gonna need time to recover first and bring stability and after that it will give new highs and for recovery period I think one year will be enough but nothing can be said so certain because market behavior is hard to predict. Let's hope for the best..

I have been working on cryptocurrencies over the last 2 years and If you ask about stability well I would say stability has nothing to do with cryptocurrencies. Cryptocurrencies are highly volatile like they are on a roller coaster ride, rise and fall, ups and downs beyond expectations and the reason is this investors see cryptos as a mechanism of making fast money and speculators speculate the market 24/7. CryptoMarket is currently under recession but hopes are high that it will recover soon. If you want to make good returns then cryptocurrencies are better place but you're gonna require high trading skills and experience because crypto economy behaves differently, unlike stock market or forex. If you are new in cryptocurrencies I suggest you don't take such risk, take some time, learn the market behavior, read market statistics for last 3 years and you will get your answer whether to join Cryptoworld or not at all.