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I think that in order to get more profit from cryptocurrencies, you need to either invest a lot or go to trade. You can also choose ICO projects that can bring you more profit, but it is quite dangerous and difficult.
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If you have funds, buy more. Be greedy when people are fearful and be fearful when people are greedy
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i am yet to loose, i am a new investor in crypto, though the market is falling, i have faith that it will come back stronger than what i am seeing now.
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Bitcoin has dominated the crypto market for quite a longer period of time and has gained a significant value which cannot be underestimated. However, its superiority over the other altcoins cannot render these altcoins valueless. Altcoin is equally important as bitcoin though the price of bitcoin is quite higher than the altcoin.
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A lot of countries prohibits recently about bitcoin and the rest of altcoins, and it contributes to the market demand and demand, that triggers the price. Some of the governments is banning the use of cryptocurrency and this contribute the price to go down, but still people are continuing to use this currency.
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You may want to try some of the undervalued coins right now and I would suggest HSR on binance. Also, you can decide to put some of it in an ICO to at least be a stake holder in some new projects. I have one on my signature here and you can check icodrop.com for more. You have to be careful though and do a proper research on any ICO you want to join as it can be a risky venture but a highly profitable one if you hit the right ones. Cheers!
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If released when a coin or token isn't on the coinmarketcap list can be concluded the coin isn't good ... But all the decisions back to you, it would be better if the survey first if you have a fairly loose time or better choose coins that already exist in coinmarketcap only
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I personally encourage everyone I know and like to invest into crypto. Obviously you have to stress how volatile it is and how they shouldn't put that much money into it unless they really are going to start doing their homework. Still even a little bit of money can make big gains if crypto gains mass adoption.
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It is good to be reading whitepaper of projects as it gives you insight as regards the project
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Its up to you on how much money are you willing to take the risk. But its better to start with minimal amount less than 100 dollars. And make sure you research first on the coins you are buying.
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I always check if the team are legit or not. Check if they are real people and not a dummy or invented name in Linkden. If those guy are a reputable people atleast you can see their names in Google when you search it specially their CEO. Then look at the project if it is worth to join and the Bounty allocation if its worth the time and effort.
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for me at the end of the year all will go green, cryptos can comeback from all of this badnews about it and about countries banning several exchange, because many contries are now accepting cryptos too. stay positive Smiley
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Still believe in cryptocurrency for this is the future event in the next generation. So far cryptocurrency now is doing good in the field of investors and maybe in the field of negotiations in every country.
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KYC is amazing trick to cut off multi account farmers and cheaters.
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