Everything seems to indicate that the market is mortally wounded, and the main cryptocurrency that had served as a means of payment for those who participate in bounties (ethereum), has lost the confidence of investors and developers who are looking for new alternatives to face the lack of capital willing to take risks in this market. Therefore, it is likely that the bounty hunters will have to settle for peanuts as of this year.
And now, when after three or six months of participating in campaigns you are compensated with tokens without any value and you realize that this business is dead, what are you going to do, bounty hunter?
I think we have to revive the ICO trend, or we can make our own business and move from bounty to our business, it is very difficult to produce decent tokens or look for ICOs that give us big prizes. I'm also confused about the bounty hunters this year, maybe for those who don't really know about trading or investing it will be very difficult to survive on cryptocurrency. |
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Hey guys, where do you store your tokens? On your ethereum wallet or on an exchange, or maybe you store your tokens somewhere else? Give me some recommendations, where my tokens will be in complete safety?
As a trader even though beginners I often store tokens in exchange because in my opinion this is simpler, I also store tokens in mew if I get tokens from airdrop or bounties and investments ICO, I have never saved tokens in an offline wallet or other wallet sites other than MEW. |
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I haven't been cryptocurrency for so long, but the coin that really helped me and my favorite is EOS, because that coin I already understand about what I have to do after being in the market and that coin brings good luck to me, of course, because of the benefits I get.
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I agree with you not only patience but the basic experience around crypto and trading is needed. The thinking of many people when joining the cryptocurrency is the value that always rises, but it's not true that bitcoin's value is volatile, so many people who joined in late 2017 were easily panicked about the cryptocurrency reduction.
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I invested into some coins this January and my hope was cryptcoins are going to increase in price this year but the reverse is the case.
I can still remember some coins that I bought around $24 and $25 dollars in January and I am still holding them. Currently those coins are less than 2 dollars respectly. I doubt if I will be able to be patient until price get back to were I bought them and I do seriously regret bought those coins at the wrong time.
That's a pretty big mistake in my opinion, I myself often make these mistakes, but strangely I don't feel regret for doing what I decided after some consideration in trading, maybe my biggest mistake is to have some ethereum at $ 360 and now it price less than $ 200 , I hope the end of the year will be a true crypto market recovery like many people predict. |
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Hey everybody I want to share my trading experience with these guys: https://discord.gg/2cjRufh. I've been using their free crypto calls for a few months, and I made a small profits 1-3% almost every other day. Also the community is very helpful and I learned a lot new information and ways to cope with emotional trading. I will suggest you first start with small trades until you become more knowledgeable and calm. Thank you for sharing information, I am a beginner and want to have a lot of experience that is quite helpful with the discord group or the link that you share. Making 1-3% of that profit is very great, especially in the current market conditions and the average down. |
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In my very own experienced there is no good outcome when you HODL too much.
First of all do you know what HODL means?
HODL is used when referring to hold the cryptocurrency rather than selling it.
Holding cryptocurrency is no good because it means you don’t have a knowledge about trading, for me, you can do scalping trading and increase your holding by it and gain profit.
I suggest that all in the Crypto community must learn the basic trading fundamentals. There are free tutorials anywhere. Don’t be lazy, think big.
In my personal opinion, why is HODL now is not advisable, it refers to the current market conditions, namely where the trend is down and the market is bleeding. Regarding not having trading experience, laziness or so is because on the person not because of HODL. For example, I often do HODL, but I also often monitor the market looking for information and so on, because my principle is that I don't want to leave any information and want to continue to know the market situation as a step to making a portfolio. |
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Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money
Economists say no, if we use bitcoin or cryptocurrency as payment for buyers and sellers will be difficult with the value in the currency due to volatility in cryptocurrency, but even though it is not official, many also use bitcoin as a means of payment for certain items as long as there is an agreement on the seller and buyer. |
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From the article that I have read the beginning of the purpose of bitcoin is for transactions because of the lack of banks that give interest or fees and taxes for every fund in savings. Even though now bitcoin is more as an asset I don't think it's safe (in terms of value) we know that bitcoin is fluctuating. To say outdated I don't know because crypto coins that use the same technology as bitcoin are still many and have strong potential, but for other currencies is no, because experts have also said that blockchain is a world transaction solution.
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I live in a village that doesn't really understand technology, and when I started talking about digital currencies like bitcoin they didn't seem to understand it, maybe because cryptocurrency was new to them but my friends really appreciated what I said about the benefits of digital currency.
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I think the falling market is due to the very high demand in 2017 that brings the value of bitcoin to $ 20k then increase sell order, coupled with issues that spread both prohibitively in various countries, crime and disrupt the country's economy. In my opinion that is what makes users panic, lost confidence and results in a downward trend.
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Hi guys, i just want to know, what the advantage for dumping the ICO coin?
I think that was a stupid thing. Why do that thing? ICO has giving you a free coin, but you sell it for cheap price. And this is was still happen till now. LOL
How stupid who dump the ICO coin. I guess, Their mind set is $1 its worth than $10.
Kind Regards,
Do you say a stupid for the people who making dump ICO tokens? I don't think it's appropriate to say that, they have their own reasons why they make dumps of ICOs tokens, maybe because they want to buy at a cheaper price, or maybe because the project doesn't have great potential to bring the tokens up. |
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There is an ico from the Krypital team: Merculet. The project of this team was quite successful before: Cybermiles, Arcblock. Do you think this is a good ico? Should continue to join ico in the moment?
It's up to you and if you think the project is good because it was brought by a team that had successfully made a project then I suggest joining the project. we think realistically here, there must be many factors that make the project successful both the team dev, the adsvisor, the community and the concept of the project, so you have to look at other factors and make predictions about the success of the project. |
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I here and see that a lot of people are selling their altcoins for this reason or for that reason. In some cases I here that people are even spending their altcoins to buy Bitcoin. Now that one really has me confused. To me it's way to early to be selling your altcoins. It's like selling an original painting before it even gains in value or while it is still gaining in value. What smart investor does that unless they are selling out of fear or because they are desperate. For me I am holding all of my coins for now because it is way to early to even think about selling your altcoins; what say you?
So tell me, why are you selling your altscoins so soon?
I don't really understand why many people sell altcoins even though they haven't reached the peak of their value. I myself sell altcoin because I have profited even though I sell at the price that time, my thinking is that if I think there is an opportunity for the altcoin that I buy to go up then I will hold it, I think and take action because of analysis and news. |
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Read more about crypto threads that you think are worth knowing, for example trading methods, basic crypto analysis, news about crypto. I think reading a lot can make you understand and understand a little about cryptocurrency. After you understand it you can invest or trade in exchange with your funds, here you can begin to understand how to make profit on cryptocurrency, keep doing that then you will get a lot of experience that leads you to success.
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The right time whether it is buying or selling depends on how you react to market conditions and making predictions about the coin price in the future. I do not know for sure when the time is right because there are many mistakes in my prediction and the volatility in cryptocurrency.
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I found lot of traders who bought a special coin from many exchange site. Then few months they go for sleep and wake up after 5 years. So now what about your trade?
I have an account on several exchange sites, because they have different coin volumes. when I am interested in one coin I tend to see the volume in coinmarketcap and choose an exchange that has the largest volume, because in my opinion this is important considering the more transactions in the exchange. in a lot of transactions I just took a little profit because of value fluctuations in a few days, but for coin-coins that have a big community, it is more worthy for the long term. |
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I prefer to monitor graphs and coin values directly in exchange, I also install an app that made the exchange on a smartphone so that it is easier to monitor the coin value that I buy and sell. You can also see crypto at coinmarketcap.com, there is also have information about exchangers, volume, and prices of cryptocurrency.
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Regarding regret I don't really think about it, even I tend to better understand the mistakes that I made and not be so worried and sorry about the choices I made both regarding the maximum profit or loss, even if I do the wrong thing I prefer to give up and make it a living lesson in me.
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The Future will be great and we might live in a world where everything will be Crypto. We are going to be our own bank, and manege our finance ourselves, without a bank account
i Truly Believe bank will disappear completely because they do not act in the interest of people . they created money out of thin air and enslave people with debt, and credit.
The fiat system will no longer exist with the system base on debt, developed countries are technically in bankruptcy a nation cannot be sustainable with a system base on debt.
The crypto revolution is something that will be an astonishing accomplishment and replace the power of printing money from central power. this new generation will not use fiat money anymore and will have tokens in many wallets from the decentralized world
the world will not be the same anymore and everyone on the planet will have the same opportunity to participate in the global Economy.
The bank will disappear? I don't believe that, even though what you say is where they burden people with debt, and credit. Many people still borrow money from banks for their business or other things. the government also get benefits from banks, especially if the bank is managed by government agencies. Regarding cryptocurrency I'm not sure this will be the future without fiat money, are you from year of 3018? |
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