Good evening, I want to hear your opinion about the crypto market lately. Has the market really improved? Then when is the right time to start a long-term investment? Thank you in advance.
Regards,
warrior.coins
Yes it is moving slowly so slow that I become very impatient, it takes a lot of time for Ethereum to get in the $200 level so I can at least make a small profit, same with Bitcoin it's been quite a long time that it is stick to $3900 level, this is level is a good to buy for long term investment. Right. The movement has improved since we're pretty steady at the 3.6k to 4k levels though obviously it will be a challenge if you're trying to make daily profits. Accumulation time is more like it and hopefully we can sustain a positive movement even if it's quite slow. |
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bounty campaign is not good as your main income there is no guarantee that you can earn weekly or monthly, some of them can be scam. Just make bounty campaign as your part time job or just for extra income.
Right. And i think there are those that learned that the hard way. If you're supporting a family or have bills that needs to be consistently paid, it's a bad idea to rely on bounties and campaigns. You can't compromise a stable paying job for something that doesn't have much guarantee. |
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As for me, I think there will be no bullish market in the nearest time, it might happen within 1 year or so. The best option at the moment is keeping holding crypto.
Well we don't really need to have a bullish market the scale of what happened in 2017. I think it already showed us that a run of that magnitude isn't really healthy for the market in the long run since the correction would be quite severe. I'm content with gradual movements since i'm looking at a long term crypto investment. |
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I don't there is gonna any change in Q1 2019. The price will flow around $3600 to $4100 since there is no big news that can push cryptocurrency price go higher. The price maybe will be more fluctuating in Q2 since SEC will make a decision in April. Let's hope it's a good decision for us.
Well i kind of agree with you there dude. Movement would likely be the same for the entire first half of the year. Though i don't think we can complain about it anymore. Better than seeing the price dip lower and see another wave of panic. Good times are ahead though we may need to wait for it a little longer. |
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Mostly it's good to buy altcoins right now because the price get already pumping so its better hold before will continue to pump again. I think also that this is the right time to bought Xrp,LTC and Eth to get a huge profit.
Pumping? It's better to buy now because alts and btc are probably in an accumulation stage and though the market is not moving up aggressively, it's not doing the opposite as well. So for me, more likely that not, buying alts today and holding it until it breaks out is a good strategy for profit. |
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Nah i don't think that's even possible. And these dumps are developer calls so there's pretty much nothing we can do about it. I mean, if you received an airdrop, first thing you'd think about is to convert it or sell it. Especially if it's a fairly new coin. And for more established coins in the market, we can't prevent whales from dumping to manipulate simply because they have the capacity to do it.
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I think that now it is difficult to make any forecasts on the market. But I hope that large investors will return to this market and this will bring us good profits.
Well depends on what you mean by taking off though. If you're thinking about another 2017 run, i doubt we'll have any of that soon. People will already be wary that the same thing may happen so i think we'll have a hard time moving beyond even 10k. If you mean a slow recovery and movement upward, then i think that's likely to happen. |
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Early 2018 I had different altcoins via bounties, airdrops and small investment in ICOs. But the major mistake I made was waiting for bull run to come so I could sell and make large profit. But atlast the bull run never came. So I had to keep hodling till I got stocked in the Bear market.
I think you all should learn from my mistakes and never wait for bull run because nobody knows when the bull is coming because of the volatility of the market. Sell when you have decent profit and not waiting till you have a large profit. Thanks
I treat all the coins differently, some coins are worth holding for the long term, and some can be dump anytime one of the thing that you will regret is not selling at the right time, so be sure to follow the market and the coin you are holding, so you'll know the exit point. Right. Not all of them are useless coins that eventually die out. Usually for airdrops, i don't wait for a run anymore if ever they do get listed. I sell them for whatever they're worth. But for icos that i think have potential, well i treat them like bitcoin. Holding something you believe will have value is worth it if you did your research. |
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I have more than 100 tokens from many projects in my wallet, but only a few have value in the market. the rest only became dust in my wallet. So I agree with the author that token doesn't can be long term investment. Only a few from thousand that still survive so far.
Well tokens from back then were mostly from shitty projects anyway so they didn't have any real value from the start. Even me, most of the tokens i got fron airdrops and some boubties didn't even make it to exchanges lol. |
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What do we expect from this sudden moon, is it a half moon or are we finally leaving the bear market?
We should always wait for the bull market, otherwise what is the point of our being in the cryptocurrency. Our task now is simple, you need to buy coins for all the extra money available, and then it does not matter when the bull comes, we will be ready for it Well i don't think we should expect anything at this point yet. Remember last november when everybody was expecting a bull run when we're going steady at 6.5k? That's why you don't make any price expectations in this market because the exact opposite may very well happen. |
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Don't forget that the price of bitcoin goes a long way to determine the prices of altcoins as well. Thus a steady downtrend in Bitcoin also implies a a terrible price for altcoins as well.
for now there is no better and higher price of bitcoin and currently bitcoin is still the highest crypto currency and currently no one can change the position of crypto currencies and bitcoin is still a guideline for other crypto currencies Seriously dude? It's the most expensive yes but a lot of coins are proving to be more profitable so far, trx and bnb are good examples. I guess you have to look at alts now if you're looking for quick profits because i doubt if btc will make another run like the one it did to end 2017. |
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I believe it has ended falling but surely there will be pumps and dumps like before, so if i were you i would invest in cryptos again because so many evidences shown that the market has got back to its real value so it will start rising again, i'm glad we still have the chance to own cryptos at a quite cheap price now.
Right, actually we have passed the bottom line and the real value of bitcoin has happened, what we are waiting for now is price increases, the market is preparing it. so I don't think we should be left behind for this great opportunity How can you say that with certainty though? Haven't you guys learned from 2018? I mean, yeah we could've already bottomed out but there are no assurances and being overly confident about it may backfire like what happened last november 2018 when we started dropping from 6k. |
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is this true? why I doubt, can you convince me .. I feel there is an awkwardness here, am I wrong
indeed, it is very true that the risk of investing with crypto currencies is very large and requires confidence if we can take advantage of the opportunities we get in investing, maybe investors will benefit and can get the wealth we want Well being wealthy takes a lot more than confidence though especially when it comes to crypto investing. Just ask those that invested close to btc all time high. You have to have the right perspective and attitude in learning everything you can. And there will be stumbles along the way for sure that can break many people's confidence. It's not impossible, but it's not easy. |
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It is difficult to gauge at the moment with prices remaining steady. What we have seen though is that this stability is actually slight and continuous price increases, followed by a small drop which is almost immediately recovered. This could be showing that the bearish trend is coming to an end. During the past year, it seemed like every small drop got magnified into a big sell-off. That doesn't seem to be the case so much any more.
We don't know whether the bear market has come to an end. At present the market is completely stabilizing, but unable to progress forward crossing $4000. Market needs to cross the barrier, when this happens we can conclude whether the market is to grow further or gonna experience a downfall in value. Well not so long ago the price was doing almost the same thing at around 6 to 6.5k. People were already expecting a reversal then since few thought it could go any lowet and yet here we are at almost half that price. The bull market will come , it's just that it may not be when all of us expected. |
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Maybe you can add your investment allocation to the BNB or you can also consider privacy coins like XMR, because I see you don't have an privacy or anonymous coin. So many real projects that you can choose, PundiX has launched their products and I think that is promising.
Or gamble in btt lol. Though seriously, i think it's just waiting and there will be a breakout once it gets hyped again. Probably not in the short term but i do have quite a good quantity of btt saved and i'm feeling good about it's chances. |
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Selfdrop tokens can never be the way to becoming a millionaire, nothing good comes that easy, even if it is possible to become a millionaire off selfdrop, then I think that will take you couple of years because my of this selfdrop tokens are just shitcoins without real value and will never have a real value in the future.
I even heard that the once who ask for gas payment actually increase the gas fee them direct some of the ETH used as gas to an address where they generated thousands of ETH from users who participated, though only few paid off.
Lol. I don't think a token that the devs seriously consider having a potential of growing to 1dlr each will airdrop millions to people. Most coins that are given for free this much are shitcoins. Nothing is easy in this market and though you can earn a good amount if you are diligent in getting aitdrops, it's not going to make you a millionnaire. |
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I expect a next wave of huge rise for BNB and this wave will last longer than earlier trends. Binance ICO token sale procedure is more easier than regular token sale procedures and almost there is no scam possibility. Binance team did a nice job with this idea and this strategic move will surely affect the coin of exchange.
I have joined several icos through use binance launchpad token sale and i think that it was easier compared to the regular token sale and i must agree with it. there was no a lot of requirements but it gives a lot of guarantees. Yeah and with the number of users for binance, one can be certain about bnb movement. So far it's been one of the surging coins in this slow market and better than other coins that did well like trx. 2019 could very well be a break out year for bnb since binance exchange is also growing. |
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Looks like BNB is mooning
Yes, it's not a surprise that BNB is moving in price this days because BNB is a project with great potentials and not just great potentials but great team. One thing I always like with their platform is that it's very user friendly which makes it the selling point for mass adoption. I also saw the news were they said the government of a country is going to invest lots of money into the purchase of BNB coin which will cause a rise in price, I believe this is why we have a lot of persons jumping into the BNB market. Well, binance is one of the biggest exchanges out there and their coin obviously is already in use. With the number of users in their exchange it's not a surprise that the price of bnb has the potential to both go up a lot or drop. |
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i know it has been pumped and dumped recently but don't be so much pestimistic man, the market will always changing and we will never know when will it drops, instead of worrying about the price why don't you focus on getting more profit from trading in next few months.
Yeah and i don't know about that huge dump dude. I think this current price is as close to the bottom we can get. Probably 3.5k max and that for me is even unlikely. The market would probably stay in this course for majority of the year so if anything, it going to be a slow and lazy year for most coins including btc. |
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It seems to be going up and not coming back down again.
in my opinion no one can know and ascertain and keep up the patience and confidence of the main capital investors in investing because in my opinion the development of the crypto currency depends on the investor Well i don't think the difference of a few hundred dollars would be that significant if the price of btc breaks another all time high. So buying at current price would already be a very good entry if you plan to just keep your coins for a long time. It's not yet too late. Though you have to be prepared to hold out for a while. |
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