Hi people,
I am relatively new in this field. Having done some "trading" of alt coins in 2018, I would like to seek the opinion of more experienced traders and hopefully gain an insight as to how can I better differentiate coins with higher potential and coins which are basically crap.
Thanks in advance!
First and foremost, a new crypto coin can be considered as a coin with high potential when the coin is actually backed by a working product that has a specific aim in providing solutions to the gaps since in the world and the crypto space. New crypto coins with no specific feasible aims have the tendency of becoming shitcoins. I will encourage that you spend some time researching and reading more about any new crypto coin you come across before taking any action. This will help you know whether the coin has a good potential of becoming a great coin. |
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I'm just curious if you guys still hodling your altcoins?
Do you still believed that we could get x1000 profit if we hodl our altcoins longer? And kindly suggest best coins should i invest this year.
Thanks.
This will definitely depend on the kind of altcoin you are hodling. Currently, altcoins with working products are the crypto coins which are gradually increasing in their market value. If you have an altcoin with no working product backing the coin, I will not advise you to still hodl the coin, sell it as fast as you can when its price is high because it may end up as a shitcoin. |
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Remember the price of bitcoin could give a huge impact to the icos too, i remember bitcoin worth more than 10k in the first quarter of 2018 and this time it has touched its bottom. Investors are searching for promising ico and that makes the competition becomes very strict.
It is true that the current raise in Bitcoin could influence investors to start investing into crypto projects but currently IEOs are the preferred option by investors. IEO is now the choice of investors to help them minimize the risk of them investing in scam projects and lose their investment at the end. ICOs are slowly dying off from the crypto ecosystem as an option for crowd-funding... |
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Considering the trading trends of ethereum currently, its the best crypto coin to invest in at the current state of the crypto market. In approximately 24hrs now, it has gained about 7.0% increment and its price is fluctuating between $150 and $190. As a strategic investor, you can take advantage of this fluctuation to maximize profit as you trade and invest short term in Ethereum.
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When you really understand how the crypto market and the crypto ecosystem operates, everyday is good day to invest in cryptocurrency. You don't need the market to experience a bull run before investing in altcoin. Understanding is the basic key in the crypto space to help you invest another time whether the market is good or bad...
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Given how close we are towards reaching the limit of 21 million Bitcoin in circulation, I've been often curious to know the outcome of Bitcoin once all its supply is mined. Depending on Bitcoin's price in the future, miners could either continue to support the Blockchain or abandon it altogether. After all, there will be no more newly minted coins which means that miners will live off TX fees. Nonetheless, what are your thoughts about this? Will Bitcoin survive even after all coins have been mined? What are the possible outcomes?  Have you ever thought to find out where the transaction fees charged for sending Bitcoin goes to ? For me, I believe that when the last 21 million Bitcoin is mined, miners will still be paid with the transaction fees charged to send Bitcoin. If not so, then i think the limit will be increased to help generate new Bitcoin to keep the Bitcoin blockchain network going. |
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$25 worth of XLM is not worth providing your identity document. Considering the rate at which crypto platforms are being hacked, why will you allow yourself for your identity details to be bought at $25 ? This KYC thing is just not necessary for small amount of money. KYC should be done by people who are either buying huge amount of cryptocurrency or selling huge amount of it.
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Hodling is the option for investors who decide to go into long term crypto investment and the short term investors are those who prefer daily trading. There are thousand reasons why someone might decide to hodl a particular crypto coin...... One of the reasons might be that the crypto coin may have a product supporting it. If the demand for the product increases, the market value of the crypto coin will definitely increase..... With such coin, for me i prefer to hodl the coin with the aim that the demand of the product backing the coin will increase...
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Definitely IEO is better than ICO. IEO is an upgrade or an improvement version of ICO, which is bridging the gaps seen in ICO. Before an IEO is launched, the exchange platform makes sure that the necessary informations regarding the team members of the project are obtained to assure their users that it is a legit project and they are safe to invest in the project. IEO is the solution to eliminate scam crypto projects.
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I have few bitcoins if price going up properly I want to buy my dream home with the BTC.
HOPE FOR THE BEST...
Considering the current state of crypto market, if you are thinking of the bull run of the Bitcoin market to increase the value of the bitcoin you having then please forget about it. The price of Bitcoin is not gonna hit the $20k Mark any time soon. Pray For me guys..
Prayers have nothing to do with the crypto market and to even think of the price of Bitcoin. The price of Bitcoin might drop and you might even lose huge percentage of what you are even having now.. |
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Bitcoin is downloading money into your pc
Hahahahahahaha.... how can you describe Bitcoin as downloading money into your pc. I think you should spend some time to study and research on what bitcoin is and how it operates. Bitcoin is just a digital representation or form of money. The wallets used to either receive or send Bitcoin operate similar like a bank account but has no limit to the amount of funds you send or receive. |
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2019 is officially declared as the year for massive crypto investment. investors should take advantage of the current state of the crypto market to make enough profits out of crypto investment and crypto trading. The market represents about 40% profit opportunity within a week or in days. Currently, I'm massively investing in ethereum and ripple. The market will be turning green very soon...
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In cryptocurrency investment, its all about your strategies and how feasible they are in terms of minimizing the risks of you losing your invested capital. Your strategy determines how successful you are gonna be or determine the amount of money you are gonna lose if strategy doesn't work. The volatile nature of cryptocurrency makes crypto investment unique from other investments.
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In the crypto ecosystem taking risk is usually described has a calculated strategy which is usually done by investors to maximize their chances of increasing the targeted profit margin. As a crypto investor or crypto trader, taking risks should be your hobby when making transactions if you want to earn big. But before taking any risks, please check out the possible options you have before making the risk decision.
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From my research and studies I have made, the market value for most crypto coins throughout 2019 will be fluctuating between a set range of values which will make the crypto market look somehow stable. Bitcoin for instant, its market value will range between $4k to $6k throughout this year and ethereum will also experience similar fluctuations ranging between $140 to $200. These fluctuations will provide the perfect opportunity for investors to draw out strategies to take advantage of it to maximize their profits.
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I don't really think the market value of Bitcoin will recover to $20k any time soon. My reason is basically based on the current trend in the bitcoin trading market and the entire crypto market as a whole. I think the market price of Bitcoin throughout 2019 will be in a price range of $4k to $6k. I don't see it exceeding the price $6k...
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You are right, but there are some holders, whales who hold also altcoins like ETH, LTC.... and they don't convert always this coins to bitcoin, maybe only when they want to cash out and that altcoin not have pair with USD. But most people use bitcoin and want bitcoin, this is good for price, and now the price keeps grow.
I definitely agree with you on this. Not everyone converts into Bitcoin. Me for instead, I prefer converting most of my altcoins into Ethereum and use it for my day to day transactions online. The reason I prefer Ethereum is due to the fact that the average time needed to send Ethereum to another person is further less than that of Bitcoin. Also, Ethereum is currently one of the best coin to invest in. |
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Assessing the current actions and spikes of most crypto coin in the crypto market, the bull is indeed in the crypto Arena. Within the past three days, the increase in the price percentage spikes of the top cryptocurrencies are really insane. I'm hoping that is the sign of the bull run in 2019.
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The future of cryptocurrency strictly depends on the behaviours of people in the crypto ecosystem. We in the crypto ecosystem are the key determinants of the future of cryptocurrency.
The reason why I'm saying this is that, if people in the crypto space understand and know the various ways cryptocurrency can transform the financial world, they can easily influence others out side this ecosystem to embrace the unique features of cryptocurrency and blockchain technology. This will encourage mass adaptation and general affect the future of cryptocurrency positively.
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Let's start with the fact that just after almost a year and a half not many can earn money on bounty, and this is a very ungrateful job. I think this year the situation will not change, and it will be still difficult to make money on bounty.
Definitely, bounty hunting is one of the ungrateful job I have ever seen so far in my entire existence in this world. People spend so much time on bounty campaigns to help promote the token sale of the bounty project and later, they will not get paid. Even when they are paid, the token given to them are sometimes worthless. I wish bounty hunters could just ignore bounty campaigns whose payments are in their native token. But I'm hoping things are gonna change before 2019 ends. Trading and investment are currently the best way to make some amount of money on cryptocurrency in 2019. |
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