Hey guys, I am planning to mine altcoins in the next year. What do you think, is it worth the time and capital ?
I suppose mining is more suitable for big farms. Having 1 miner at home is not so good due to small mining capabilities and rather big equipment cost
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Holding for long term is one of the best strategies to get big profit. Personally I'm holding NEO 1 year and for this time its price was increased x150 times (now x30-x50)
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As a Bounty hunter I once made a mistake by selling tokens from Bounty that I received in a small market for $ 250. After 20 days the price of tokens that I sell is worth $ 1200. So the conclusion if you want to wait you will get maximum results. Believe every ICO project will prepare a good market in the future.
I think the best way is sell out 50% of bounty tokens and hold other 50% of tokens. By this way you will get a good profit anyway
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I'm sure that long-term investment is much better than short-term trading. However, deep analyses of criptocurrencies should be performed to decrease risk that coins will be useless in future
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Is there any posible way to filter who are going to make an ICO to be able to know if there are scam or not? And is there any bodies of law that would be able to punish them once they turn into scam. And what punishment should be given upon committing such the crime?
As I know several countries are developing laws to cover ICO activity and also ICO risks with ICO founders responsibility. So punishment for ICO scammers will be real soon
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Overall I see as market is stabilized with 250 billion $ total criptocurrency capitalization. So probably market pump is coming because correction was too long and therefore it is good time to buy ETH
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It is sad but maybe unavoidable! The only thing that can save BTC going under 6K is a big Whale buying BTC! Sending BTC down is easier than sending it up: Less resistance. That is why it is going down! When it goes to a 3-4K the bears will become bulls: Opinion. If you worried move into Tether and sit it out: Suggestion Only. 2 Billion down as I typed this: It looks real ugly
I think that it is the end of correction. Whales know that there is lower acceptable limit for criptocurrency prices and this limit should not be reached.
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Personally I think that it is really good time for investment in criptocurrency. Market was on dump for several months and it should be its growth soon
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My plans is buy a lot of perspective coins during market dump and then I'm planning to get super profit after coming market pump
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First of all you need to find several good ICO projects. Then check bounty conditions for your rank and choose more suitable one
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Altcoins represent various projects and some of these projects could be very useful in our future. So certainly altcoins play the main role at criptocurrency market
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The safest way to keep BTC: 1) access wallet with correct web links in case of web wallet; 2) not share info about private key; 3) enable all secure options such as 2fa.
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https://bitcoinmagazine.com/articles/south-korean-supreme-court-rules-bitcoin-asset/ I read about this news that in south korea bitcoin is legally become recognizeable as asset. I do think bitcoin is a currency and not an asset. I dont know whether this is good news or not for cryptocurrency. One thing i believe with legalization from goverment i do think more investors will come to invest in bitcoin, but i think if bitcoin become an asset its not as it suppose to because i believe bitcoin should be a currency which is currency is for transaction and asset is not for transaction. Asset has a lot of meanings. It could be as an item as something useful and valuable. I suppose that it should be the second option - BTC is valuable currency.
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BTC is very valuable currency at present. It doesn't matter that BTC technology is not perfect and rather old. The main thing that BTC has value as 1st criptocurrency and therefore has accumulated big USD capitalization
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The Whales could possibly destroy BTC! BTC Whales control one third of BTC The Good news is the SEC are investigating Whales for market manipulation. If the Justice department can link a whale to a futures position that was say SHORT and then find out the Whale dumped a mother load of BTC on the market it will be jail time for those involved. The SEC are watching these Whales so they would want to be careful! In my opinion the whales are running scared and that is why the market is in the doldrums. ETH whales are also being watched carefully! https://steemit.com/crypto/@greenlife500eu/bitcoin-whales-and-how-they-control-the-marketI think that whales always played these games and will play it. Too stable market is not interesting for big investors because they buy something to get profit
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Ever since bitcoin price started dropping, most of the threads i see here are : is bitcoin dying?, will bitcoin go green again?, should i hold or sell? etc. I laugh when i see such threads. Every business has a window of opportunity when the market is ripe to enter. This is the time to invest more in bitcoin. Every good investor see every dip as an opportunity to buy more bitcoin and hold. The weak ones see dips and they start to shiver; selling all their bitcoins, even including their altcoins. Please community members, the way we are handling this drop in bitcoin will scare new members from even investing in the coin which will cause a further decrease in the price and the unexpected might happen. Let's have a healthy discussion about our coin even in hard times, and it will attract more people to invest and eventually pump the price again. Friends what do you also think?
Yeah, I agree. Probably whales just start market dump and then panic investors continue to drop coins further. We shouldn't have a panic and everything will be ok
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Do not panic, guys. Everything will be ok. It could be long dump but then it will be big pump. So do not worry about current situation at the market
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Yes, it dropped but I don't see high pressure on criptocurrency for such dump. So it could be whale's strategy to hold market in dump for long time and then it will be big pump
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It is too hard to predict. I hope it will be soon. Actually I thought that it will be in March-April after big dump but today is 16th of June and it is still dump market.
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Just learn project whitepaper, project team and you will be able to determine good coins for investment. For ICO I advise to check preico stage - if it was very successful ICO will be successful too (therefore it will be good investment)
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