Some investors and traders are complaining of not making profits like they used to, when the market was better. Instead or profits, it has been loses.
If you find yourself in this situation, why don't you ask yourself; what method am I using that is not making things to work out?
It will surprise you that the method might be archaic or that it might not work for this period.
Why don't you change it.
For instance, you always wait for long to get huge profits within 24hrs, which used to work for you. Since the market is bear, why don't you reduce the time and be satisfied with small profit. Then gradually, you can accumulate more.
Most investors are ignorant of the fact that, frequent change of their investment plans and strategies help increase their chances of earning more from their investments and reduces their potential of losing money from their initial investment funds Crypto investment is all about how feasible your investment plans and strategies are to the current state of the trading conditions of the crypto ecosystem. If your plans and strategies are not feasible, changing them will help you identify various ways to improve how you invest. |
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I see bitcoin stable at 15000usd before the year runs out  We are definitely in the bull run but I don't think Bitcoin is gonna hit $15k before 2019 ends. The possible market value I see Bitcoin hitting would be between $9k and $10k. Investors need to take advantage of the current raise in the market value of most altcoins like BAT and ethereum by investing massively in altcoins to make good amount of profits. |
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In the eyes of investors, price is the ultimate necessity to determine the progress of their investment and its everything in terms of the possible profits they are making. But for real crypto enthusiast, price is just an indication for the market value of the crypto coin compared to fiat currency. In the crypto ecosystem, the real indicator for the success of cryptocurrencies is its market cap and volume within 24hrs. This defines the number of the coin in rotation within 24hrs .
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Well, you can't conclude that bounty campaign is no longer profitable. Although there are a lot of bounty campaigns that do not pay bounty hunters doesn't mean there are no good bounties on this forum. You just have to do your research about bounty projects well before joining them. That will help you not to waste your time participating in them without getting any rewards. 2019 is currently a good year for people who prefer trading in cryptocurrencies. Some altcoins like Ethereum and BNB have had a good level of increase in its market value within the first quarter of 2019. In as much that the trading ecosystem is looking somehow good, when you invest in any coin with the mind that the increase in the market price of Bitcoin might influence that coin and increase its market value, you might not get luck and lose your invest income. I believe Both bounty and trading are at the same level in terms of their profitability and chances of not getting anything after a long investment.
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The current rave is IEO and in no distant time it will replace ICOs entirely. Investors are more confident with IEO because they won't have to wait for entirety before the token is listed and they is no room for scam.
Yes, IEO eliminates all rooms for scam projects from obtaining funds from investors. IEO is now the new and improved version of ICO. People are now moving away from investing in ICO projects due to the number of scam ICO projects which were in the crypto ecosystem throughout the year 2018 making most investors lose their investment capitals. ICOs are gradually dying off the crypto space. |
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These five ways of earning cryptocurrencies without investing or mining in some way still fall under investing. This kind of investing has to do with time. You invest your time in either joining bounty campaigns such as blogging/content creation or working for crypto and your investment earns you crypto. I believe the only ways to earn cryptocurrency are still investing in any form and mining.
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That is true, adoption is the most important thing that cryptocurrency needs to set some strong roots.
Cryptocurrency is very far from being adopted by the world. Speculations made by people who either lose their money or people who are just against the idea of decentralization are the cause for the delay in the adaptation of cryptocurrency. People join the crypto space with a wrong idea making them vulnerable to losing their money. Others also don't understand anything about crypto investment, they are just concern about making profits. |
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Stablecoins are really needed in the crypto space to help be this ecosystem balanced. They usually serve as the best option for other cryptocurencies to be paired with to help reduce the volatile nature of that crypto coin. But in my own opinion, i think stablecoins are the real definition of digital currencies. They are not volatile and constantly have a fixed market value.
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Looking at the features of IEO, its just an upgrade of ICO. The crypto ecosystem can't do away with bounty hunters. Promotion of crypto projects can only be done by bounty hunters faster and cheaper compared to project managers paying for their project to be advertise by media institutions. IEO was introduced to help investors come back and invest into the crypto ecosystem.
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If you haven't already sold your ALTs simply hold if your project is decent. If the project has no future sell and buy into a decent project. This is all you can do to recover your loss without putting in more money. It will probably take a couple of years to recover your loss!
Some ALTs will never recover from this crash!
It is an ugly situation!
I believe its advisable to rather have an investment plan than just hodling your altcoins. In as much that the project is decent doesn't guarantee that the price of the coin will increase. What if the project presents a stable coin like USDT? The best option is to have an investment plan and strategy to help minimize your risk of losing money. |
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Speculations shouldn't be your underlying reason for you to either sell or hodl your crypto coins. You should first understand why you have a particular crypto coin and also should have an investment plan for any crypto coin you have or buy. You investment plan will let you know when to stop hodling your coin and the best time to sell them. Investment plan helps you minimize your level of risk of losing your investment money.
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Ethereum is never better than Bitcoin in terms of their individual purpose in the crypto ecosystem. Both cryptocurrencies are have its own unique purpose in the crypto space. Bitcoin first introduced blockchain technology and ethereum was an upgrade to the blockchain technology by also introducing smart contracts to improve the peer to peer system of the blockchain technology. Although Ethereum has a faster transaction rate in terms of sending funds from one wallet to another does not qualify it to be better than Bitcoin.
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There is still no guarantee that you won't be deceived even when you make your research.
You will be deceive if you just do a lazy research about the ICO project. Researching about crypto project is not only by reading their whitepaper and checking out their website, but its about you reading the whitepaper, looking at how feasible the project is to the entire crypto ecosystem and world in general. Also, how different the project is compared to other similar projects which are already in the system. This allows you to know how real this ICO project can be. |
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From my observations made in the crypto space, KYC is just one of the ways people are trying to make crypto transactions centralized. KYC was the first step introduced to obtain information about people on a particular platform to monitor their activities and also know the amount of crypto coins they have. KYC is currently the flaw in the crypto space.
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In the near future people won't have choice but to embrace cryptocurrency and blockchain technology, whether you are in support or not ,whether you hate it or not ,you will be the one to stand up and embrace crypto yourselves without anyone forcing you to ,adoption is simply adoption ,love it or hate it
I don't really think i agree with you on this. You can say that in the future, the crypto ecosystem will have a lot of people in this space using cryptocurrency for most of their transactions. Considering the total population of the world and the number of people in the crypto ecosystem currently, its only about 1% of the world population are found in the crypto space. For people having no choice to embrace cryptocurrency and blockchain technology, it might take a long time for this to become a reality. The cryptocurrency and blockchain technology are very young for mass adoption. |
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new coins or old coins are the same. if they don't have a sale value, of course they will be left behind. coins that have a stable price movement that will last.
Are you for real? How can you say both new coins and old coins are the same. I get the assumption that you either have little or no knowledge about cryptocurrencies and the crypto ecosystem. Old coins like ethereum and bitcoin can be described as not having a sale value. But most new crypto coins can be described as worthless because they present nothing different to the crypto space which will help bridge gaps. |
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the market cap is a meaningless number
it has always been meaningless. will people just stop referring to it
anyone can surpass the market cap using just $5
yep
make an altcoin with 5 trillion coins. buy one for $5 and automatically have $25TRILLION market cap
yep thats how empty and foolish the market cap measure is
it does not deserve any attention, so dont give it any attention
This is very true. The market cap represented by coinmarketcap is not the actual representation of the number of people trading or buying bitcoin or any other cryptocurrency. Based on some observations I have made, about just 1% of the world population are in the crypto ecosystem and one person can influence the market cap on more than one cryptocurrencies on the crypto market. |
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First and foremost, Bitcoin is not hard to define. Bitcoin is an alternative form of fiat which is a digital currency that operates on a decentralized peer to peer system known as the blockchain network. The reason why people find it difficult in either defining or explaining what bitcoin is for people to understand is due to the fact that most people define bitcoin in a form of comparing its system to that of the bank. Just tell people that bitcoin is an alternative form of cash with no limitation when making transactions with it.
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Blockchain technology is just a system which provide a peer to peer ecosystem. It providing a peer to peer system thus not mean that this system can't be hackable. There are always back doors in any program or software developed in this world. This back doors are usually explored by hackers if users don't protect their login details very well.
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Could it go on a massive run and spike to 20k this year? Sure, who the heck knows. But to be sustainable it would have to be supported by something, maybe if a country or two adopted it as their national currency. Something radical and unforseen. I imagine some will naysay this, but an asset currently worth almost 100 billion increasing in value by 20 times in the next decade is actually insanely optimistic. Look at stocks that started off as penny stocks, they don't keep increasing in value exponentially year after year and although btc isn't a stock, there is a limit to how valuable it can be.
Considering the current trends in the Bitcoin trading market, I don't really think Bitcoin will be able to hit $20k this year. But the crypto ecosystem is full of surprises, there are possibilities for the market value to hit $20k during the final part of this year. One question which always bug me is that, is bitcoin really worth to be valued at $20k?? |
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