The simple answer is until you get profit. Bitcoin and all altcoins are down in values due to bad news surrounding them. However, we can hope that the market will go up, as witnessed in the past. The crypto market is volatile and it goes up and down in seconds. And there are chances that the market will see a moon and boom, bringing happiness to the face of investors.
|
|
|
I personally want to buy house and a car. I have made some investment in some coins like ripple, cardano, stellar, NEM, tron, verge, siacoin, cindicator. However, all of these coins are down in values and I have suffered more loss. So what option left for me is to hodl until all of these coins goes to the moon, and gives me much benefits.
|
|
|
Given the volatile nature of cryptocurrencies as seen in its past history, none can say for sure that when the market will grow and fall. One thing is for sure that any bad news surrounding crypto affects the market. In the days to come, the market will rise, and fall again and rise and fall. This cycle will continue until the market depends on the sentiments of investors or prospective investors. The cryptocurrencies should start do what they are established for.
|
|
|
Do not worry friend. Bad time is plaguing bitcoin and alt coins at this time. It is just because of regulatory efforts, popular social networking sites Google, Facebook and twitter banning crypto adverts. But the market will see a hope and boom just the way when bitcoin suffered the same fate back in 2013, and it rose to sit at around $20000 per coin just a few months ago. So wait, hodl more and sell for profit.
|
|
|
As you are a small investor, so it is i think better to buy coins that are very low at present. There are good and promising coins that are very much low in prices. So go for these low coins in values. I think ripple, cardano, stellar, NEM, tron, verge, siacoin, IOTA to name a few are good investment. These coins may go higher when the market recovers.
|
|
|
You are neither late nor in right time in case of investment. Investment depends on some strategies like which project you choose, its team, characteristics, among others, for good returns. So even now if you pick a good coin, you will earn a good income. So remember you always choose a good and promising project for investment.
|
|
|
It is only FUD and bad news surrounding cruptocurrencies, which are pushing the market to go down at present. Regulatory efforts are another causes on the table. But this transition in rypto will not remain last long, i think. This is the right time to purchase coins as they are low in prices as compared to some months ago. So buy now at low, and sell at high.
|
|
|
No one can exactly say when the crupto market goes up and falls down given its volatility. However, there are some factors that sharply affect the market. Bad news, FUD, and the most recent increasing regulator efforts are affecting sentiments and psychology of investors or aspirants at present. Remember 2013 when when bitcoin dropped almost double in prices, and had anyone thought that it has come this far in values? None. So stay calm and keep patience.
|
|
|
It is difficult to choose good and promising coins among many projects. However, there are some steps that can be useful in finding profitable coins--research, peer-to-peer discussions, bitcoin talk forum, project teams, their purpose. Even then none can say for 100 percent sure which coin will go to the moos. Good luck
|
|
|
There is nothing that lead you to the fast-get-rich world. It is definitely true in investment. In case of cryptocurrency world, there is not any easy and fast way for becoming rich. Patience and good project are among the things that an investor should have for a good return. Choose an good and promising project, and wait long for a good return.
|
|
|
This is not the entire case. Some frauds and cheaters are tarnishing the crypto market. Many altcoins have potentiality to make change in the money transaction system and end the monopoly of banks. But what concerns now is that they are not working what they are established for. Cryptocurrency projects must work to achieve what they are there for.
|
|
|
Yes you are right. It is just speculation and bad news that are affecting crypto market, and the case is always there given its volatile nature. Selling anything for loss is not the spirit of investment. I have also invested in some of them and prices of all of them are much lower. Now I have decided to dodl. So I just want to tell that do not panic-sell your coins.
|
|
|
Are not them (google, facebook, twitter) encroaching on the right of freedom of people by depriving them access to what they want and what they want to do---to blockchain technology and cruptocurrency world? What do you thing? Very nonsense things, or fraud activities are still finding their ways to these social networking sites. What about these things?
And in case of blockchain technology or its part cryptocurrency, are these things fake? Mobile network operators in the world are losing a large amount of money charged for using their service due to other social networking sites like Facebook., Whatsapp, IMO, Viber. Why not closing these sites just because they are losing money due to them?
|
|
|
I do not know previously about how many women have involved in the business. And I am yet to get married either. I think, women should involved in it to become independent financially. The cryptocurrency market maybe the means for them to become independent economically, have their rights, and raise their voice against patriarchal society.
|
|
|
Well I do not agree with you and the person who told that all altcoins are only scams. Maybe some altcoins were scam and have run away after raising funds through ICO. But that does not mean all altcoins are fraud. Every thing has two sides, good and bad. So what you need to move on is become skeptic, but not ignore value and worth of anything.
|
|
|
Holding is better option than sell for a loss. Hodling best coins is good choice rather. I think you have been hodling comparatively not good coins. So choose a better project, hodl and sell at higher price. One formula is that buy good coin at low, hodl and sell at higher price. Good luck.
|
|
|
I think China will not go away from the innovative blockchain technology, and cryptocurrency. What China is trying to do is stop flowing its money away into other countries by banning crypto trading. China is trying to bring in money by introducing its own altcoin. After all, no country or government like china can be abstained from such new and good technology.
|
|
|
Well, there is no worries about the fall of cryptocurrency, given its volatility. Remember the time in 2014 when BTC price tanked almost by 50 percent, and it peaked at around $ 20,000 per coin not so far ago. What is affecting the market is FUD and regulatory crackdown. But regulation will strengthen the market however. So, crypto will not go anywhere. It will stay here.
|
|
|
|