I wish I was joking but this market will take at least 2 years to recover and build momentum again. Market fundamentals have changed!
I don't think that it will take that long because according to speculations, the market might rise again at it's best value by the end of the year. The market might be in red now but it will surely recover soon and I believe that we'll not going to wait that long.
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I have seen a tip from somewhere that in order for you to be become successful always in your trading, you have to to a sniper rather than a machine gunner.. If you trade always see all opportunity, every indicator, every momentum, etc. before starting to trade. Don't be hasty to trade every signal day. You just have to find that one trade that can bring you good profits and not painful losses.
I agree with you. I believe that not all opportunities here would give you a good gain so you better choose the best one. Don't grab every opportunities that may come your way here because it is better to embrace the profitable one. Just be wise and have patience.
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There are 1624 currently active cryptocurrencies and more than 100 cryptocurrencies exchanges working right now in 2018. With so many cryptocurrencies in the market Without regulations I feel there should be some body to legalize only a few , since its not like the more the merrier! It just increases risks of any Fraud. Small companies often are at a risk of shutting down with so tough competition. The reason why the percentage of market Bitcoins dominates isn't exactly because they got less investors now , it's just because with so many currencies around the globe it's getting saturated and distributed . Only some of them would be successful like 10-20 but with this tough competition it's risking people's investments and both these small small exchanges. I strongly believe that a regulatory body should tackle this and then make a decision. I think is negative in it's own way. Share your opinions below , do you think it's positive ?
I think having too much cryptocurrency do no actually affect the market or the price of cryptocurrencies. Some of them has really a big potential so upon trading or investing, we must choose the best one. Just coose the one that we thjnk it profitable.
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Obviously, I need BTC to get in but it seems like everything is high right now. Should I wait till BTC is < 2k? Or ETH < 200? I'd like to get in and start trading alt coins. But for me to maximize my profits in USD I need to wait till BTC is at a reasonable cost. Or do you guys see it climbing to 3k in the next couple of months?
It depends on your capability to invest a good amount. However, having enough knowledge on when to sell and when to buy is an advantage and requirement for us to gain a good profit in trading. It is hard to predict the price of bitcoin that's why it is advisable for us to buy at it's low price.
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How much more fall is possible in price of bitcoins?
I think it is really hard to predict for now. I believe that cryptocurrency is volatile and it is always changing so we must just go with the flow of it. Despite of it's fall, we must not panic about it for it will not help us make the tight decision. What we must do is just to have patience and wait for the right time to sell.
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I see many people asking for opinions about ICO investments, if they are good, profitable or not and I see many people replying it can be good or not, you must have knowledge to choose a legit ICO, to find out who are the developers...
But I would like to hear successful stories about people who invested in ICOs and made profit. Please, tell what ICOs you invested and how much profit you made, if you liked it and if you still look for this kind of investment.
I didn't invest anything in an Ico before but I tried to join bounty campaigns and airdrops which had helped me earn profitable coins. Through my hodlings from those rewards, I gained good amount of earnings which I used as my capital. Only through hodling have I earned better.
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I think so many people are now getting to know about this great technology. Crypto is gradually being know by almost everyone. Some are beginning to know the importance of crypto. The challenge they may have is how to benefit from it.
I agree. Cryptocurrency is starting to reach every corners of the world which is an advabtage because cryptocurrency is a great asset and help for the growth of the economy. It is important that people are starting to have an interest of using it because it could really bring a big change not just in every individual's life but also for the economy.
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Are there a lot of hackers now in the crypto's world ? I mean, it a place not totally safe, because of it's quit new. Do you think hackers can change the crypto economy for their own benefit ?
Hackers are always everywhere and what we must do about it is just to be careful of our accounts. We can't do anything about hackers but we can get rid of being hacked. It is important that we are aware of it and we know the importance of security. We must entrust our accounts and private keys to entrusted person only.
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I am very interested to know if cryptocurrency wallets like Bitcoin Core, NEON, Electrum can ever be hacked ?
Everything in the internet is actually hackable so we must learn how to keep our keys and accounts safe and secure. In our modern technology, it is just easy for hackers to hack aacounts which is not theirs that's why keeping our private keys secured matters because that is the only way where we can keep our earnings safe as well.
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Do you think bitcoin is going to reach june rates soon ?
I hope so , I am still positive about it despite of the market fall. I am quite doubtful at times but I still believe that the market would recover soon and would rise it's value better than it did last year and that is the reason why I'm still biying more bitcoin during this dip.
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If you’re still in crypto after you’ve: - been scammed - been dumped on - woken up in complete shock - bought the top of a pump - panic sold the bottom - listened to Official McScamFee Say me why do you still believe in the crypto ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I still believe in market and I believe that doubting too much about it won't help us grow as traders and investors. We may experience those kinds of situation but that is just because the market is not perfect and we might still face lapses. That's the reason why we are required to know everything about crypto for us to cope up with the changes easily.
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please tell which is best coin for long term investments
[/b][/i] When it comes to investment, I believe that bitcoin is still the best. We all know how bitcoin passed all the tests of time and has proven me us that it could really change things to better. If we'll choose over altcoins, choosing bitcoin is really an advantage and it will surely provide us a good profit.
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There are just couple of question I need some answering from people with enough experience in crypto.
Any particular tips on when to invest token when the prices are low? And how can one manage to hold the tokens even the prices are bleeding? Is there a specific time where one can pinpoint the best way to accumulate tokens?
Thanks for sharing your thoughts!
As the market falls and when the market is red, it is important that we'll just keep calm and wait as the market recovers again. Panicking won't help us make the right decision and since we can't do anything about it, we must just hodl on and have patience for us to have a good gain in the future.
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Dear Members
Recently I faced a bad luck. here the story
I got IOTX from GATE .io 28th of may 196000 @ .00004600 ETH. Then after one or two hour i sold it to @ .00004800.
After 3 days means June 1st , one IOTX went to .00014ETH.
if i sell June 1st 196000 * .00014 *590 = 16189$ Investment is = 5300$ so i have lost = 10800$
so in this story if i could wait 3 days , i have profit of 10000 USD. so in this case i am saying please be patient. wait wait. good coins always give a good reward to you
I certainly agree with you. You're not the only one with that kind of situation because most of us holders are facing the same risk too. However, the best thing to do during this situation is to stay calm since we can't do anything about it. We should just have more patience and just keep on hodling.
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So BTC and most alts are down 10-25% pretty much across the board from 6:30 est. this morning.
So what do you think guys, buy this dip or wait for more blood?
It depends on your belief about the market cycle. However, this dip is enough for us to maximize your gain by hodling until the market strike the best situation again. I would prefer buying now rather than waiting with future regrets. As for me, there's no need to wait that long if we would really want to purchase mote of it.
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I hold bitcoin and I was thinking if it was going up I would spend some, just a little bit, as a way to cash in my profits. But with the current market I just hold, I don’t want to spend my coins at such a cheap price because it will feel like a loss to me.
Do you feel the same way? What are your thoughts?
I am just spending less of my bitcoins and altcoins though I need much of it right now. I don't want to have big losses by selling this time so I am doing everything just to hodl and have more patience. There are times that I am so tempted tk sell some of it but I might loss bigger if I'll do it so I prefer to wait a little longer.
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Buy and hold? Cryptodabbler? Day-to-day trading? Big bets enough to play the market? Other? specify. Please provide a quick explanation of the choicie of your strategy. To participate in an on going research and get the final report, follow this link : https://mourad1bm.typeform.com/to/wvQQyZParticipants will be rewarded by free 200$ credits to test the beta version of our upcoming product. I still buy at low and hodl it until I reach the best target. Hodling would really take time and sometimes, I feel bored and hopeless about it buy I learned how to control my emotions. I always monitor the prices and I do series of research to choose coins with potential.
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Like the title says, i almost lost my regular job as a software developer today when my boss reviewed my work. The job has been able to economically provide a comfortable life for me and losing it would really be a big hit to my income. I almost lost it because i spent so much time learning about everything crypto (mining, trading, bounties, etc.).
Has anyone else experienced this? I just feel pretty lucky I was given another chance and want to remind other people that having a regular job is much better than relying on the volatility of cryptocurrencies. Make sure you prioritize your work!
Having crypto is an advantage but losing your job is a very big loss. Proper time management is important in every aspect of our lives because through it, we would learn how to prioritize the important things that matters to us. You should still need a permanent job because you'll never know until when will crypto will stay.
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Well? Let's hear it.
Both would be better because both could provide us a good gain in time. I would prefer both because both is worth hodling and profitable. We all know that bitcoin has passed all the tests of time and there are also lots of good tokens to purchase these days. What we need to do is just to be observant and we must know how to value earning through these coins.
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Hello guys, I hope you all have a nice day. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) in this year a lot of ICO projects that make Bounty Campaign, When ICO successful and has been listed in the market, Most bounty hunter immediately sell all coins they have. This causes the price of a token to fall even away from the ICO price. Have you taken advantage of this moment, guys? I think its moment is a good time to buy a token with a cheap price. how about you? very happy to hear your experience about that. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) It is actually a good idea to buy the bounty hunter's tokens as they begin to sell it because they dump it which make the value and prices lower. It is important that we are buying coins at it's low prices for us to maximize our gain by hodling it because there are lots of coins which are worth hodling these days.
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