Ethereum is very powerful coin and it will never again dump to below $100. $50 is really imposible for ethereum, specially now that Bitcoin is starting to pump again. Let's hope a positive upcoming months to Ethereum because I believe that it will still pump because of the upcoming updates of Ethereum.
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First, you need to keep in your mind that trading is risky and invest only in trading what you afford to lose because it is really hard to earn profits, second , you need to study , because trading need knowledge, third, you need to control your emotion and keep reading and research about trading.
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For me, Bitcoin will still dump below $5,000 this coming september, specially when the coming ETF will be rejected or postponed again. We can still expect that scenario, for me, wait for the right time, wait for more dips incoming this year. Don't get FOMO.
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Ethereum is affected because there's a lot of ICO nowadays that are scam, specially those ICO that are under in Ethereum or ERC20 tokens, they will just scam and scam again, so ethereum is really affected, it is really just SAD because so many people manipulating the market.
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Is it because Ethereum's limited capacity?
It is because so many people who are spreading fake news about ethereum. There are many FUD spreading now. I also believe that ethereum is on price correction now, because of the very very long bull run of ethereum last year.
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Exactly! Most of ICO nowadays are really trash, 100% scam. Almost of the ICOs nowadays are scam, let's say there are only 5% out of 100% are scam ICO, 90% are all scam. It is sad because there are still some people who always get scammed by these kind of ICO.
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I still believe in ETH, I'm sure the price of ETH will rise again and occupy a high position in the market.
Yes, we just need to be patient, because ethereum is really the best project so far, it is good also to buy now, specially when the price of ETH is still undervalued before it will get back to it's peak. I starting to accumulate ethereum now.
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It is not. Bitcoin will not be die, Bitcoin is the future, it is the best project of blockchain technology, we are still in the stage of adoption, we still have time, it is normal to dump the price of Bitcoin because of lot price manipulation and lot of fake news spreading.
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It is going to dump soon, it is only pumping now because it is manipulated, XRP is very decentralized and because the market cap of xrp now is high because most of their investors are banks, they have really many whales so the price is easy to manipulate.
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It is not so advisable for me, but if you believe on their project, if they promise that they will do what on their roadmap or whitepaper, why not? It is ok at all. It is really worth the long term because the returns is big, good profits at all.
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Hi
you think Eth will back to 500$ ?
We still don't know that, but time will come. Let's just pray and hope for a better movement. There are so many manipulator of the market right now, specially those whales, and those big star or popular in social medias, they are trying to spread FUD to make the price of ETH or BTC dump.
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Hey everyone, What other forums do you use to talk about crypto?
You can also try the https://www.moonforum.net/ . I think they are still few community for all cryptocurrency people, but it is still a good choice for me, it's normal in the early or starting a community. But I am already comfortable using Bitcointalk forum, this forum is complete and all-in-one crypto forum.
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For me it will also reject, because as I believe in Bitcoin. Bitcoin don't need anymore ETF. Because in ETF, they will create fake bitcoin, bitcoin paper something like that. Being decentralization of Bitcoin will be lost, we really don't need ETF at all.
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What does everyone think of Neos future, short term or long term
NEO is really for long term position, NEO is one of the best cryptocurrency from china, it is really big company and it is supported by the government of the China. That's why I am investing to NEO and it is for long term position. NEO development team is very active.
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First, you need to learn first the basics of Trading, like how to use particular exchange, how to set order, how to set stop loss. Learn how to read different charts, it will help you when to enter or exit, also the best to learn is the different patterns in chart.
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NEO is one of the best blockchain project of china right now. Government of China is very supportive in cryptocurrency, NEO will help the China to make it grow, NEO team is very active to develop and improve more their project. NEO is really a good for long term position.
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Why people invest in ICO when it is risky and these days most of the coins are dropping. Do you think ICOs are going to survive for a long time?
Because lot of people want easy money, they don't know how risky ICO is. There's a lot of people who end up losing their hard earned money by just investing on those ICOs. I'm not saying that most of ICO are scam, but almost, let's ay 90% are scam and 10% are only legit.
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For me, it will not happen, maybe not for this century? It takes time before that will happen, there are lot of people and institutions that don't want to use Bitcoin, we should also respect their decision. But if that time will come, it is really the best!
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All coins are profitable, it depends how you trade on it. It depends on when you buy and when will you sell it. But, it is much better to select a coin with high volume or market cap, because thru that, you can trade actively and you can earn profits buy trading, specially in short term trading.
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As I noticed, it is. Because the market dominance is almost 50% favor of Bitcoin as of now, and most of people are Bitcoin is the medium for buying altcoins, and for selling altcoins ,it is either Bitcoin or USDT (not so much). For me, it is really depending on the BTC and ETH also.
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