|
It all boils down to mainstream adoption.
Like you have introduced your little brother, same way he would introduce another and the circle keeps going on and on.
Please do make him understand that the market is not always stable and get him acquainted with the intricacies of trading .
|
|
|
|
|
The major good thing that the bearish market did was killing shit coins that never should have been created before.
Coins that do not have any concrete usecases and do not in any way want to improve the blockchain technology.
Another one, is making it possible for those that never believed in cryptocurrency to leave this space.
Now sanity is returning to cryptosphere once again.
|
|
|
|
|
You are absolutely correct.
Life itself is a risk and so there's no investment that is risk free.
But one must excercise some level of caution while investing.
Been cautious is no crime .
I still maintain that people who have no hear for risk , should invest what they can afford to loose to be on the safe side.
|
|
|
|
|
I believe to be rich here that one needs to work smart and work "hard" too.
I agree on must have several sources of income too.
Do not live to impressed others who don't give a whimp about you with the money you do not have.
Do not spend more than you earn.
|
|
|
|
|
I have learnt that to be successful in this market one needs to have a lot of patience....while studying the market movement to know when it's best to enter or exist a trade in order to avoid available losses.
I also have learnt never to be greedy.... learnt this in a hard way.
|
|
|
|
|
Doing my own findings before investing into any project in cryptocurrency is one of the crypto rules that I do not joke with and it has been my saving grace.
I suggest people should also make it a point of call to always do proper findings on any coin or projects before investing in order to avoid recording avoidable losses.
|
|
|
|
|
The financial crisis will affect crypto negatively more.
My assumption is based on this scenario, a financial crisis will cause people to be cash trapped and those in cryptocurrency may start selling their holdings in order to meet up with their financial challenges .Some of those who would want to sell ,may be selling at a miserable low price which constitute dump.
|
|
|
|
|
Although I'm not denying the fact that the market condition is favorable for investment but it is as a matter of fact the best time to invest in cryptocurrency.
This is because the price of most coins are very low and so buying and holding pending when Market recovers could be financially rewarding.
|
|
|
|
|
I agree that the market downward trend is averse to investments but so investors and traders are making it even as I type.
Just like you noted, one should try and understand the market setting of cryptocurrency in order to know when to invest and when not to sell and when it's good to hold.
|
|
|
|
|
If bounty hunters get paid in Usdt.
It will be a welcomed development.
And the positive impact on the overall success of ico projects cannot be over emphasized.
Number one impact is that it will reduce the incidence of dumping of tokens which leads to the dumping of prices of the token.
|
|
|
|
|
Even as I am typing this, I know a lady who wants to borrow to buy into the IEO that kucoin plans laughing on it's platform.
I do not see it as a wise thing to do considering the volatile nature of cryptocurrency which makes investment risky.
And again, diversification of investment should be the trend instead of investing only on one coin.
|
|
|
|
|
Thinking out from the box, I think you are right.
The beariish market condition made it possible for some potential investors to buy into Cryptocurrency.
Those who were not able to get in prior to 2017.
The market encourages more user participation through the low price of digital assets.
|
|
|
|
|
Telling exchanges to dictate prices of coins comes across as being manipulative.
It's market forces that determine price and so price should be left to market forces to determine.
What we should be glamouring for is the attitude change of traders and investors.
|
|
|
|
|
You are right.
Some bad people amongst us are taking advantage of the decentralized nature of blockchain to perpetrate fraud and scam others here.
I really wish there is a way of effectively regulating the cryptosphere ,so at to mitigate this incidences.
|
|
|
|
|
I started deploying this strategy after I lost my funds to the bearish market last year.
The strategy is taking profit when I see it no matter how small it might be .
It's being helpful and effective.
It has saved me from recording huge losses ever since I started using it.
|
|
|
|
|
Cryptocurrency is largely a decentralized virtual currency .
No one or organization controls it.
Although I heard that the big market players has the power to influence the market price of coins ...which is highly subjective by the way.
One thing I am dilure if it that the market price of coins is largely controlled by news whether it's genuine or fake.
|
|
|
|
|
I think you are right in a way.
It's possible for bitcoin to surpass gold both in popularity and good investment in the future.
By the time that bitcoin becomes generally accepted as a medium of payment , it will surpass gold.
|
|
|
|
|
I know of those three coins and they are very good coins especially Aergo.
Aergo has a very solid team members who are passionate about the project development.
I wish you luck in your Lamborghini dreams.
|
|
|
|
|
Show Posts
