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It is a good idea because it help to promote such coin to become more popular. It also serves as a reward for the participants who help in promoting such coin.
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This is the best time to hold and acquire more of ETH because the price is low now and you will have the opportunity to acquire more coin with little fiat. When the price goes up, you will make more profit and if you have lots of it, you can discover that you will make a future from it
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I believe in cryptocurrency because i have made lots of bucks from it and as such the current condition of the market. What is happening in the market now is not new and wont be the last time such will be happening. In the cryptocurrency world, anything can happens because the market is volatile and such volatility can swing to make you good money.
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It will surely bounce back because this is not the first time such is happening in the cryptocurrency world. This is the reason why the cryptocurrency market is said to be volatile. When the time comes, the price of ETH will surely go up just that no one know when that will be.
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You have to do underground study to know the usecase of the coin because with good usecase, there will always be demand for such coin. The demand for coin has high impact on the price of the coin. Also the team behind such coin also ahs to be considered.
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There should not be any panic as to the survival of cryprocurrency because it has come to stay. Most people that panic are either new to such experience in cryprocurrency or has made mistake of purchasing cryptocurrency when the price is at the peak. This time we are is the best of the times to acquire more cryptos so as to make Huge profit when the market recovers
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I am a trader in the cryptocurrency world. I am also a bounty hunter. I take my time to study and research which of the coins to invest my money in for the expectation of future rise in price so as to make profit. Also I research to find a serious project with honest team and moderator so that I can promote the project so as to be rewarded for it.
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Though many people give different reasons for the fall in price and I agree with some reasons given but the most important factor that determine rise and fall in price is the forces of demand and supply. When demand for a coin goes higher than what is supplied, the price will go up and when the reverse is the case, the price goes down
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As someone who has been into cryptocurrency trading for so long, I don't need to be scared of the market because am already used to it. I will rather say this is an opportunity for me to acquire more coin. Acquiring more coins at this time puts the buyer in a favourable position to make profit when the price goes up
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I don't think there is anything like the best wallet. You can make use of any wallet so far it has the following qualities 1) it is save for your altcoin to be stored in it. That is, scammers and hackers can not have access to your coin 2) it can be easily accessed by the owner. Though it will request for login measures so as to protect unauthorized access but it shouldn't be too cumbersome for the owner to use
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Most of the people that say that are those that are just joining cryptocurrency because if they are not new, they ought to know that the situation in the cryptocurrency world is not a new thing and doesn't call for alarm
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This is the best advice for those who doesn't have better idea of making money from cryptocyrrency trading. The price is low now and it is time to buy and hold till the price goes up again and sell. One of the laws of investment is to invest when prices are low and sell when the price goes up.
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Holding crypto depends on so many conditions surrounding the crypto. If the project has a usecase, it is worth holding even if the price goes down, you can be rest assured that the price will still goes up. This is s simple demand law.
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When token prices goes down the best thing to do is to wait till the prices goes up. If you sell when the price is low, you lose because you are selling below the price you purchased it. If you have more money, it is the best time to acquire more token so that you can sell when the price goes up
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In choosing a good ICO project, you need to know the people behind the project because they are the ones that will determine the success of the project.
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The community is the most important because they determine the success of the project because they engage in the promotion and marketing of the cryptocurrency project
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Though for now there is no coin that has replaced bitcoin but anything is possible because 15 years ago, there is nothing like bitcoin but now we have bitcoin and as such we can have coin in the nearest future that can overtake bitcoin.
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In my own opinion, the level of acceptance of bitcoin by the larger society is high and also people have more trust in bitcoin.
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My decision is to get more involved in cryptocyrrency and make it part of my life because the world is changing and am changing with the world
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Since the price is low right now, I think this is the right time for investors to buy and hold till the time the price will go up again
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