Hmmm, it's really not good to hold coins for long I must say, with the way crypto is today and the way market is globally no amount of strategy could make one trust a coin won't dump on the long run even exchange coins can't be trusted I must say. I am not an advocate if long term holding though
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Coronal virus really brought so many things behind in crypto, alot of losses and many downtrend in cryto, aside crypto also world wide, Corona virus dealt with everyone hardly but hopefully things are getting better day by day.
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And this is really huge number, fact is anything made by humans shouldn't be 100% trusted as there would be ups and downs but learn to accept anything even the one that claims to be the head can disappoint someday. It's really a great loss but glad some was able to pay investors. Good for that.
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Trading loss cant never be avoided but once can curtail though which is by trading and keeping your profits aside, even if you misses target you can recover back through your saved usdt but as for totally escaping loss i.am not sure it's possible in Crypto.
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This still gets me confused as CMC said it was April fool meaning it's not real. So how do Yobit now listed it and start trading the coins we tagged FAKE. CMC should please look into the listing so as to know the real if it. I don't know if it's an agreement or not between CMC and Yobit
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You don't have to judge the project by its present volume as I have seen projects that went down during bounty campaign and after distribution it went back up to its normal. Though we have been discouraged by bad ones but still good ones pays. Let's check and watch.
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Hopefully 2020 will reach to what we have all expected. I know the period we all wanted it isn't coming as expected but gradually we will get to the height we all anticipated for. It is not only in Crypto world but also global world
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Kyc is not bad because of its function. Kyc helps secure accounts to avoid hackers and also helps to protect one should incase there's issue on exchange so as to claim ownership. Kyc does so many private functions and shouldn't be neglected. It's a privacy tool.
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This is actually season for Cryptocurrency, many good things are coming in front, coin halving including BTC halving and some projects are already doing so well including BTC do market is bounding back gradually. This is Crypto season. And the virus has also reduced
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Yes, many coins out there have definitely brought less liquidity in crypto which isn't needed, liquidity is highly needed in cryto and without this potential coins won't be able to moon due to scams projects which so many investors had faced. Without investors market won't go well and once Investors are being scammed discouragement will come in. Let's promote and accept only potential projects and reduce many coins without future from entering the market
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I don't think it's wise holding altcoins as it is now because of marker condition but it's all about choice. I know of some persons that are holding altcoins that got dipped after they bought and when it was filling they refused to sell. But as for me, I can't hold any altcoins at this point instead and trade them (buying and selling them).
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Unless you are certain about the coin, holding altcoins with the market condition is a very big risk unless you are very sure of what you are holding. I am not a fan of long holding anyway. I am a day trader and as I buy I sell off once I see little profits. I have been hurt severally through holding so I do not try such anymore.
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This dip has thought me expecially good lessons on how to hold and period to buy. I initially bought thinking it was the button next was a crazy dip. Holding usdt isn't also guaranteed as I held some but dip also affected it so I think changing to fiat on Exchange and buying at the right time will be good or still holding and waiting for growth would help. It's aboh choice.
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I always tell people that everyday is altcoins season. We do not and cannot predict as before Altcoin season anymore unlike before people predict altcoins. Those days are over unless market bounces back like before but with the move of everything now Altcoin including BTC is unpredictable. Let's understand it and work with project teams for news and updates.
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As market is now I don't think anyone can actually predict it. Many predicted and it failed them so anyone predicting would definitely fail. Altcoins can only grow dependent on BTC. I could vividly remember a group and predicted last week that it would be altcoins season but am really surprised to see everything dip. It's an unpredictable market.
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Crypto is a market where people comes to buy and sell, as people are leaving same as many are coming in. I have many friends that are eager to learn trading and I also know many that have giving up on trading. So it's a market that can't get shut down, it's a market that many old players still stands fully and they are enjoying the market. I am an old trader and I deeply do enjoy the market.
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I really do prefer old crypto life than now. Back then Crypto had good potential and promoters gets to have good rewards for promoting, there was no greed in both team and promoters. CMC alone moons projects and we had less fake projects but now many issues on the space andost tokens has turned to pump and dump.
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The only training a newbie has to learn is how to buy and sell but before the newbie starts buying and selling he should has to to learn how to do good research so as not to fail inside bit. Some projects are out there to steal so it's so good to investigate before buying any project and when trading the newbies has to take greed away. Sell when you have little profit .
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This is really good in viewing but when one enter the picture you will understand that it's really true, one would buy low and sell high, next entry you would think you have entered at low, next thing that happens is constant dipping you have no other choice than to sell low after buying high It's just how it is. Trading isn't and easy one.
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Everybody look upto to bitcoin which is the normal thing and has been usual for growth, once bitcoin price skyrockets, hopefully altcoins will definitely follow suit but sometimes bitcoin will increase and affects altcoins which is reason why we have bitcoin and altcoins season but for this period and market condition, everything should follow bitcoin.
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