Market has really proven to be tricky in last couple of years and seems like it is slipping back to the point from where the rapid growth started, we all know for massive moves like dec jan last year market needs massive volume and inflow of huge funds, only hope at the moment seems to be the eth related upgrades and change of algorithm that may create hype and people may invest big sums to take advantage of eth staking.
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I would say that neither btc is dead nor xlm, so just believe in your investment, we are in the bears phase of market so that is why everyone is thinking negative, wait for bull cycle and all will be happy.
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I think it is not good to sell as the alts seem to be at an absolute support level, secondly, i think price is too low at the moment to get decent money out especially if we consider the high levels now the price is multifold low so for me it is not worth cashing out at the moment.
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I partially agree with you that anything can happen and price can also go so low as you have stated but at the same time i hope that it will not happen, as big investments are at stake but the reality is that bears are completely dominant at the moment and they are not ready to give up as yet.
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Market has really proven to be tricky in last couple of years and seems like it is slipping back to the point from where the rapid growth started, we all know for massive moves like dec jan last year market needs massive volume and inflow of huge funds, only hope at the moment seems to be the eth related upgrades and change of algorithm that may create hype and people may invest big sums to take advantage of eth staking.
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I am not sure it is a good strategy to be ready to invest before you even know all the details, this is very risky strategy and mostly will result in loss, i am sure your post is not about your intention to invest but more likely it looks like a promo or shilling post to me where you are trying to create hype for an upcoming coin and nothing else.
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If you are talking specifically about tokens then my pick will be foxt, which represents professional trading methods that are proven to be profitable and also auto trading pools, their past performance is stable and you can even track that by visiting the myfxbook link from their website.
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I think holding the eth at the moment is more suitable than anything else because eth is really cheap at the moment, just imagine the profits if it grows back to its previous all time high price of over 1400 per eth, i will suggest you to hold eth for atleast 6 more months as i see significant growth for eth till then.
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Well i personally think that january, febuary and even march will be the months of eth dominance and it will attract huge volume and investments due to upgrades, scalability solutions, switch to pos algorithm all these are big enough developments that cannot be ignored and i think eth will not only get the limelight but also hype and fomo due to these upgrades resulting in surge of price so now is the best time to buy and hold more and more eth.
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At this choppy market condition i would like not to recommend any coins for investment untill we can see visible signs of recovery, my personal analysis has lead me to pick ethereum as much as i can because eth seems to be at the bottom now and big upgrades are coming next month so i think first quarter of next year can be huge for eth, im sure eth will start booming in anticipation of the upgrades from the last week of this month or maybe earlier.
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I think people who sold at 6000 to 7000 range have been proven wise specially now when btc has drowned further into the valley as deep as 3500, so that few months period btc gave us chance to sell and buy back now at cheap price, i hope fromhere on btc will start recovery.
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Obviously if there will not be any other competitor all the volume will be directed towards btc that will give bitcoin the boost, the attention and hype resulting in big pump for btc, but such scenario is very unlikely for now.
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I think the minimum amount of eth required for staking has not been finalized yet but i hope it will not be huge amount like it was announced first like 1000 eth, i hope they will allow to stake from 50 eth.
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Yes, there is a platform for such tasks and it is called crowdholding you can search about it and create account, they have got good reputation and if you are really active on that platform you can earn some decent amount of coins.
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I think you are using less gwei because there was also some congestion in the eth network from past few days so may be you need to increase the gwei amount, i will suggest to set gwei over 10 in situation of network congestion.
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I think there is not a real need for even a physical wallet, for me blockchain and mew works for almost all of my holdings, so i can travel, sleep or work i know my portfolio is there and i can access that from anywhere while physical wallets can be broken, stolen or misplaced that is why im not a fan of physical wallets.
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I do not think there is any reason not to invest whenever you have found a high quality project, i mean even if the market situation is not good if you invest in a good project that will definitely give you returns sooner or later, so go for it.
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I think this thread needs to be updated and new projects should also be added, although market is not good at the moment and most of the projects are struggling to raise funds, still if you can post the new mining icos it will be good for discussion and comparison.
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Definitely crypto is here to stay and soon all the negativity will fade away from the market and we will see volume growing back and above previous high levels, my super confidence is in top 2 crypto coins that are btc and eth i hope big bounce and reversal for both soon.
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I do not think there is any solid justification for the downtrend, in my opinion the market and specifically btc and eth went up too quickly and created fake value out of fomo and hype now market is realizing this from last few months and settling to fair price but remember this is crypto we may expect another pump or big growth anytime.
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