The volatile nature of the cryptocurrency market is due to the fact that cryptocurrency operates on a decentralized system and its price is most determined by those who have a lot of a particular crypto coin. If i have about 1000 Ethereum and i decide to sell it at $50, this will force others to reduce their price in order to sell their coin because a drastic decrease in the price of ethereum.
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The cryptocurrency market is not really improving, but it is just getting a bit stable. The changes in the prices of most of the coin are within a particular range and can be predictable if you take some time to monitor the trading trends. But the market has a high potential to improve in some months or years to come. I will advise that investors to take advantage of the current situation of the market as possible as they can...
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There are so many profits to be made in cryptocurrency investment. People who think cryptocurrency investment is not profitable do not really know and understand how the crypto space operates. Crypto investment is not for people who don't have some specific knowledge about the reason behind either the drop or the raise in the market value of a particular coin. IF you have this knowledge, you will never give up.
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Before ICOs can come back to the way it were in 2017, some regulations should be done or added to how they operate to help eliminate all potential scam projects. This will re-attract investors to join ICO projects since they will not lose their money after investing. Scam projects are responsible for the current state of ICO..
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It is a bad idea to just rely on bounty hunting as your permanent work thinking to achieve financial freedom by participating in bounty campaign projects. You need to get a real job to achieve financial freedom. Bounty hunting should be a leisure time something. Don't waste all your time performing bounty tasks...
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In the crypto space, its not all that hard work pays. You need both hard work and luck to really succeed in relation to investing your time in bounty campaigns. You might work hard but if the project is a scam project, all you hard work is nothing.
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In the crypto space, its never too late to buy and invest in a particular coin or token. But the problem is that, when you are too greedy and just concern about making huge profits thus when you lose your invested money. BNB has the high potential of reaching between $20 to $40 but not $100+ ... Just take some time to monitor it trading trends and volume in 24hrs..
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The key indicate for an ICO project to be identified as a potential scam project; 1. the aims and missions of the project usually are not really defined 2. the products used to backed the project have no realistic solution to the identified problems on the whitepaper mostly 3. the roadmap of the project usually does not say much about the future of the project..
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Bounty campaigns and airdrops have aways been the best ways for people to easily earn crypto tokens without investing in their projects. Airdrops are mostly regarded as free money with less effort. But nowadays, you can obtain a crypto token and it will be just an occupant in your wallet, they are valueless..
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Cryptocurrency and blockchain are the easiest financial tool the world have ever seen. How can a peer to peer system and a decentralized platform be complicated? With centralized financial institutions, there are limitation in how the transactions can be done and the account of money used for the transaction. I advise you spend some time to read more about cryptocurrency and blockchain and you will appreciate the simplicity of its transactions.
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You can invest in either one of them if you understand and know the kind of investment you are doing. Both Bitcoin and ethereum can provide you with some amount of profit if you invest smart and wisely. You need to monitor the rate at which their prices keeps changing and the range within which the prices fall. With this information, you know when to buy or trade.
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One thing some people in the crypto space do not understand is that Bitcoin can never replace fiat. Fiat is the representation of the value of Bitcoin and it has been in used for thousands of years. The use of fiat does not require any technology to make transactions. Not every part of the world is technology inclined and to even think of using blockchain wallets or make transactions using computers. We just need to accept fiat as the backing of Bitcoin and other cryptocurrencies.
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The fall in the price of Bitcoin is never an opportunity to buy. What if you buy and the price further falls? Investment in general is about understanding and knowing the extent at which what you are investing in is valuable. With that in mind, you know the limit to which to invest and still make some profit. The price is not as much important as to knowing the trading trends of Bitcoin.
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I have an accound in Blockchain.com and I bought more than 0.71 bitcoin and sent it to them but Blockchain did not Protect my account and the hacker login my account and stole my funds but google website protected my account from the hacker and also yahoo website blockchain is very bad because they did not protect my account
Base on your explanation, I observed and realized that you are new to the crypto space. Bitcoin wallet is all about your security settings. For a hacker to have access to your account, it means your security setting is as weak as the bone of an ant. Please add various authenticators and verification medium to your account whenever you create a cryptocurrency account and wallets. Hackers are always ready to hack weaker security protected wallets and accounts.
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Ethereum was just on a commercial break from the number two position for Ripple to have a feel of how the second position feel and taste like . But looking at the market cap and volume of both Ethereum and Ripple, Both have a quite similar number, the difference is not that much. Ripple shows significant qualities of becoming one of the stable cryptocurrencies.
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Hello everyone as we are witnessing a spike in the value of Ethereum which was considered as most stable crypto same-time last year but circumstances changed drastically as ETH drop down to the lowest which one could ever imagine but off late we have see rise in it's value so will this be a game changer or one more burst of bubble ?
Ethereum is current the best crypto coin to invest into but its market price is never gonna cross $200 this week. Please don't be deceived by the spike in the price of Ethereum. This year is gonna see an undulating price chart of Ethereum and other top cryptocurrencies, their prices will raise and fall throughout the year.
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The current crypto market makes it difficult for investor to invest in ICO project looking at the number of scam projects been promoted just to scam people of their money. The crypto space was one of the best investment ecosystem in the year 2017 till people decided to use that to launch scam projects to scam investors off their money. This made a lot of new investors who joined in the middle period of 2018 lose huge sums of their capital they invested. This discouraged a lot of these new investors from investing into ICOs because they were losing a lot of their money which they invested. ICO investment is not worth investing in them as it stands now.
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There will not be a bull run this year, the market prices of bitcoin and ethereum will just fluctuate throughout the year. You just have to be smart and observant to make the maximum use of these fluctuations to make some reasonable profit. This current market is far away from the bull run.
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today I see eth and bitcoin prices starting to rise little by little, is this the beginning of bitcoin and eth prices going up? is it the right time to sell or hold back? please advise from all of you
Don't be decided by the little change in the market price of both Ethereum and Bitcoin. Just monitor the trading charts and invest what you can afford to lose. Studying the trading chart can give you the right moment to buy or sell your coin if you are into daily trading. Don't expert a sudden rise in the price of bitcoin and ethereum, their prices are going to fluctuate throughout this year.
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Investors are now moving away from ICO investment due to the scam nature of recent ICOs. Most these ICOs do not have any working products backing their token or crypto coin. Investors are now into daily trading with crypto coins which have the potential of making them some reasonable profits than ICOs who will never list their coin.
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