Now that the market is correcting we can choose which altcoins to invest in. with a large capital like you should now be able to get a "good" altcoins. You can choose BNB, SFP, LINK to invest in the long term or for short-term trading. most importantly you can analyze the market for long or short term trading, because many people are trapped they only use hunches or see in terms of price
By analyzing you'll be able to find the right project to invest your money, both CMC and Cingecko will work in order to find and sort the right project, OP's initial investment is decent enough to split between projects that he'll able to research and convince himselves placing his money. For referrence before deciding where to invest your money: https://www.coingecko.com/enhttps://coinmarketcap.com/
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In terms of investment, you need to have better understanding in everything about the project, learning how things will work and what's the assistance that the system will provide not just for investment but more on the actual addition that the project will bring to the entire crypto industry. If you have some spare time, listening and participating with the live Q&A with the founder/co-owner of this project that I'm wearing might help you, sorting out the full potential of this coin. You can find info here: https://bitcointalk.org/index.php?topic=5313233.msg56433730#msg56433730
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AMA every Saturday 1800 UTC, stop in and get all your questions answered. This is one of the most comunicative and available team I have ever met in cryptosphere : weekly AMA ( btw next one will be held in around ten hours at 18 UTC, daily presence in telegram channel and also answering private messages.
Hats off.
For someone who really like to understand the full concept of this project, The CEO/co-founder of this coin is there to answer each querries, Take some time to listen or even participate with the discussions if you are inrerested to learn more about the actual offer and how will you take the advantage of using the actual service of this coin. It's already been added to bittrex global good step to have more traders to join the ride. https://global.bittrex.com/Market/Index?MarketName=USDT-SMARTCREDIT
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its only correction i believe like ceo binance said its just beginning bitcoin will get new all time high again and after that we will see alt season party episode 2 so i suggest you to start buy dip as soon as possible and choose the right altcoin before you get left behind the party
What CEO Binance said is true, often someone regrets missing a party, because he is afraid to buy when a correction occurs, even though it is a golden opportunity for everyone to make several purchases at different Alt. You still have to do your research and make sure to understand the investment venue that you are participating with, it's hard to predict what would be the next market movements but as long as you are well knowledgable with how to sort things out, the chance to make a good profits from this current situation is very possivle. CZ is a business person and he support this industry so what do you expect from him.
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I also think that you can't compare this bullrun right now with the one from 2017. Back in the day even absolut shitcoins went crazy high for a few days before the long and heavy dump happened that lasted for a long time. Now the growth seems to be much more organic and healthy at least to me. The consolidation phase that we are in now for a few days also seems to be not too heavy and only caused a small dump in prices and seems to be quite stable right now. But as always: no one knows what happens.
Seems right, the bull is not like a bubble the market still standing with good support barrier. Just have to sor things out and analyze well when choosing any investment that you are planning to participate, working with any project that you think that have potential gives you opportunities to earn decently.
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In addition, you also need to analyze any price movements of these coins. You have to find the strongest support and resistance as a reference for you to buy and sell it. Do not use the science of groping prices because it will be misleading, you must be able to do an analysis
But this seems so hard as we don't know the trend to happen next. We can't be in a whole day watching the market and that we are so lucky if we can catch the best price. I hope there is a tool that could tell us but there is nothing, and that we need to consider. Because for me, I don't follow such a strategy, I sell in bulks when the price is good and I'm pretty in a hurry not to miss it. I responded on the market growth depending on the situation. We know how the market moves, if we see it at $100 today, it can't be the same by tomorrow, and that we need to catch up. Yes, we can not always watch the market, but we can set the alarm for the price up or down to immediately check on our account and do something related to the current market. Maybe you can try to set an order sell price at the price you want, so you do not miss the chance to sell your bitcoin. That will help you to use the opportunity to buy low and sell high. It's best to have such targets both for buy and sell position, there are many cases that traders missed up chances. If you are good in analysing the situation you can take the advantage both from bull and bear run. Deciding should relied with how you really deal with your research, your chance is much better than rushing everything without thinking ahead.
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BNB prices can exceed ETH if ETH gas does not change, many projects switch to BSC, automatically thus BNB will experience large profits with increased prices, Binance also offers STake, and farming for new tokens so that is also a factor in the increasing demand for BNB in the market
The adoption of this and the transfer of many projects to BSC did provide many benefits for BNB. it can be seen from the current price which has increased. Besides that, the staking program and IEO made many people still hold BNB. because almost 1-2 months there is an IEO program. and you can bet Binance's IEO is a success. To be able to follow investors, a BNB Hold is required. this is a pretty good strategy It brings good reflection to this coin, with so much offer investors start to realize the big future of this project. With what we have seen BNB rises up and reach to the 3rd place bringing more interest not just for traders but most with investors who are looking for passive profits. Hold this coin and take those previledges while waiting for more price increase.
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The price of 80k dollars per bitcoin is really possible to happen because we expecting more of it. Maybe in the middle of the year or June that value they have chance it will going to hit that. Another New ATH will happen this year to the bitcoin because community of the crypto continue grow and that is very good news for us and hope that it will continue to happen because that is one our dream too to become higher the value and to know of more people.
More people to learn this market more chance to continue the rise, it's very possible indeed if there are more addition with investors that will bring decent amount of investment and aim for long term success, maybe in terms of time frame it's tough to make a call as currently there's correction which shaking the entire market. Weak holders may follow this market movement and sell out with loses.
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With the development if ETH 2.0 and once that it is already online it will definitely fix this kind of problem that we always encountered especially this time of bull market. Also, this innovation of the ethereum blockchain it will help most especially the small time investors because is really a pain in their ass.
It's needed for this adjustment as fees really hurting small investors, with some adjustment to lessen it will help traders and investors to continue chasing for good project that based from ERC20, Team should take this to help those traders who are now trapped with high fees and can't do anything with their assets.
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Your title is not correct. It is Binance coin with a ticker is BNB.
The OP said coin and that means he referred to BNB. However, I do not see how being number 3 on the list guarantees BNB will continue to be there forever. The spot changes like water tide. Most of those coins that made top list n 2017 or before that are not on that same spot now. At a time, Dogecoin was a top coin too but where is it today? Where is Bytebal? Where is Bitconnectoin? BNB may also lose that spot tomorrow. There's no certainty as we are inside crypto industry, the volatile market keeps changing the position of each project around CMC, there are times that certain project got a much higher demands, way back XRP able to surpassed ETH and stay for some period of time, hope for the best if you invested with BNB and let CZ and all his supporters dictate the future of this coin.
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It is very interesting how elon musk attract plenty of newbies to the crypto community by posting crypto related topic specifically about dogecoin. And because of this hype these new in the crypto industry become always be the loser because they tend to get FOMOed.
Because of his name and the his contribution to business sector, he easily allure those newbies to come and invest, it's very difficult to follow things without concrete knowledge about the assets that you'll going to place your money, Very risky you have to study and learn first before dealing inside crypto market.
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Happy to hear, I think bitcoin's future is presently brilliant we may acquire customers in impending days. Bitcoin and digital forms of money are being received in numerous territories. Numerous colleges acknowledge bitcoin as their Payment strategy. Anyways, they need a decent tutor who has a better capacity to comprehend the bitcoin and the subject. I trust your instructors have great information in term of putting resources into bitcoins and bringing in cash
sharing the idea and knowledge behind this system allows student to understand the very potential of this industry, not just for investment but for the developments of digital money. Bitcoin already gained attention from many institutions and it's best to see school to start providing ideas about this technology.
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Indeed, bitcoin is decreasing but I don't think there will be many people who will assume it as bearish sign. The dumping price a lot doesn't mean its price will crash, that is the important part that you should know. With institutional investors having large quantities of coins that could affect the market you do not need to convince many people to assume the market situation for the market to go down . I do not trust the charts and the market is really hard to predict and when the price started to fall i thought we are going to see a major correction but the support held and now it is recovering and everything happens within 24 hours and it is really crazy. Chances that another big player/s are joining and picking those coins with cheaper price, We can't assume that because there's some selling pressure the correction will completely crash the value to fall that much, there are players who understand and knows how to play with traders emotions. It's best to dig deeper before taking your action,.
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Its a good news for mostly all the crypto enthusiasts that are using ethereum blockchain and investing/hodling token under ERC20 token because it has been a burden to us seeing how high the gas fees. If this ETH 2.0 will fix all these problem it will be a game changer to the ethereum blockchain.
They need to work this out or developers will be forced to use alternative chain and left them, It's indeed a good news to all ERC token holders, as they can now trade their tokens and pay lesser fees after this implementation. Just looking forward that after this event the value of those assets are still closer to their desire value.
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not. I have a principle not to borrow money from banks, local, private companies etc. because I think investing in crypto has a high risk. and everytime I invest in any coin it is the result of selling gift tokens and I use that money for life necessities and also try my luck by investing in other coins. in essence not using personal money.
If you can manage to use your personal savings and allow it to grow instead of taking loans, it's much better since the outcome may help you to bring more to your money, if you able to find good projects that gives decent profits, you can continue adding those earnings to your initial capital and continue rinsing from time to time,.
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I also hope that the announcement will come true. But my doubts grew after there was a statement saying that Amepay was delaying payments for bounty participants due to high fees. I think if Amepay can solve the problem and can continue to be consistent then there is no way Amepay will have great success.
Im only watching this case and it could be true. I can't imagine how much eth will be needed to pay the hunters on weekly basis and that's why the manager has changed it into a monthly basis or all of ame will be paid at the end of the campaign. The reason totally make sense and we can see now so many small traders can't even do a single trade on ethereum chain. The price is really high now and those early investors are getting huge profits, while the team are busy listing the coin to more reputable exchange, it's really interesting if how things will go after the listing to binance and houbi, chances that this coin will pump more and reached much higher than the current value right now.
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^ I recommend investing in new tokens like AME or BMI. Because in the last few weeks the prices of these two tokens have increased significantly. However, please note that this is only a recommendation and has a high risk. All decisions are yours.
f you are planning to invest with new tokens, make sure to investigate and study the team and what are the unique addition the project is bringing to the industry, if there's new things that the coin offers to the community expect that interest will show up, from that the chance of seeing the growth is very possible, remember that it's your money that you needed to take care best to carefully assess everything.
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Honestly I doubt the price could crash below $45K and whether the bull market is gonna end or not I don't really know for sure but seeing the adoption and institutional investors it's gonna be tougher for bitcoin to go deep down. I expect people would just buy it back at certain price and the correciton is to be expected since bitcoin rally has been going up really high so far.
Don't doubt, expect that it will go down but do not panic about it because this is as they said a correction, price will bounce back up again. The best thing to do is to buy more bitcoin at a lower price because this is an opportunity to buy bitcoin. But before doing that, make sure to assess the situation first. There are reason why the price is dumping and knowing what's behind it is important to set your target, buying low and selling high applies whenever correction happened, you are capable of sorting things out before buying your assets, this is the good time to pick those cheap coins and hold it, the chance of pumping it back is always possible.
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~
That "batches" part quite varies on my end. Sometimes I sell small especially when that coin was for a longer-term and go back to hodling again. I never zeroed out my coins cause that feels draining in my sanity actually. Some people just tend to hurry in newer projects because they fear that those fancy discounts or price corrections is the last lowest price they can buy at. Here in Bitcoin, some people tend to panic or overreact when the price just seemingly goes red a bit and when some celebrities just said something about a certain coin. It's hard to predict since the nature of this market is really very volatile, it's always good to have your own setup plans in order not to missed your chances to earn, there are traders who continue to work with certain projects that they've believe that it will boom out in their target time frame, you don't need hurry things out, a good back up plans will help you to figure things out.
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and lockdown create so many investor now, since lockdown started so many inovation in digital like tesla with elon mush, he believe bitcoin is best future, and he accepted bitcoin for transaction with tesla, its so cool, lockdown make digital going crazy
New players means lots of new ctions, with this pandemic there are many people who got interested to work on their own opportunities, they are inside this market to see how they'll be able to also grab the chance of gaining more money while they are still at home due to this pandemic.
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