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From the point of view of investing, I am a supporter of XRP. It has long been used everywhere in transactions within the banking industry.
And honestly, I don't understand why the rate of the riple is still so low and I can't understand why investors behave so insecure about this altcoin.
On the other hand, the ripple is almost not familiar with the concept of decentralization. Because, of course, it doesn't meet the traditional concept of "free decentralized crypto currency". From this point of view XRP is less attractive for investors who are crypto-enthusiasts.
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I understand you, my friend.
Very strong words and wise position. Good days will come soon. This story can not last forever. On crypto-currencies there war is going on, hunting. Banks and cartels play dirty. Nevertheless, now and here we should be a detached observer, even if 70% or more of our portfolios burned in a matter of months.
Crypto-currency, investors and the market have great power. It is necessary only to be persistent, patient and wait for the right moment.
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By plan i mean when do you plan to cash out. Is it when you have made enough to buy a car, a house maybe? or are you setting your sights higher?
Personally i'd just like to own my own home, after that i would just play with spare change.
It's nice to read this post, written January 19, 2018, when the prices in the market were much more optimistic. As for me, my first exit point is the amount of money, a sufficient minimum for 6 months of comfortable life, provided there is no tight binding to my geolocation. A parallel process is the increase in capital by entering into even more clever deals, as well as investing in other more traditional tools. In the future it is interesting to work in the cryptotechnology industry not only as a trader waiting for bullish growth, but as an expert venture investor and also as directly creating specialist. |
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Maybe profit taking!
Maybe people are trading for a quick profit and are not long term investors!
I don't know who in such a market, as today, can make a profit. For those who bought at the peak, it is extremely unprofitable. For those who purchased much earlier, when the BTC cost $ 1200-2500, now, too, it is not reasonable to sell. Because everyone saw peaks of $ 20,000 and everyone knows what the market of crypto currency can do. Therefore, I only sympathize with those who are now actively selling and thereby bring down the market even lower. And I patiently wait for it to finally calm down, and the market will again go straight up. |
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1.Only invest what you can afford to lose.
2.Never invest in something you don’t understand.
You won’t immediately understand everything, that’s ok. Do some research.
3.Don’t day trade unless you spend a minimum of 6 hours a day on the markets.
4. Be patient and buy it on sale.
Simple, important and very effective rules. Of course there is one more important fifth rule: "do not put all the eggs in one basket." I mean the rule of diversification of investments. A long time ago I studied the course on investment. In different instruments, not only in crypto-currencies. And there one of the main rules was - to have a minimum of 10 directions for investment which are independent from each other . Because only such a strategy can significantly protect in an unforeseen situation. |
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My attention was attracted by this title)
Of course a large number of these are scamprojects. And among the remaining "not skam" pay only half, and even less. At the same time, the work is not dusty. And for the sake of a few dozens of juicy airdrops, it's ok to dig out lists of hundreds of drops. However, bounty campaigns look more promising!
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Atypical statement of the question)
In general, of course I think that TRON can not be compared with Eth. Even if we consider that the TRON is more high-tech, the ether is still very significant and everyone has in mind.
Personally, my opinion: it is quite reasonable to catch a certain amount of TRONE. At the same time, the price of the ETH is now objectively good. And it must be used!
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ETH prices are down very low. Is this the right time to all in ETH?
I believe that in any case, investing everything in one coin is not reasonable. Even in very good. Even to ETH. To be honest, I also look with interest and desire on ether. Now the price is very attractive. I understand very well why the prices for other altcoins fly down after the fall of bitcoin. However, I don't share the opinion of the market and those who sell their ethers. Especially at such times. So, in my opinion, now is an excellent entry into ETH. |
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Of course, many airdropes (probably most) work on the Pump and Dump scheme. Moreover, such a scenario is also observed in the case of promising projects. For example, in the first days of the beginning of the ICO, the price of the EOS rose to $ 5-6, after which for several months it floated about $ 0.8 - $ 2.
Another thing is that after the pamp and dump the fake coins are eliminated and lose their value definitively. However, coins that had the potential initially begin to gradually increase in price.
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Saw this study on twitter... https://twitter.com/Zeex_me/status/978981735101878272I've seen a lot of people asking about how many legit ICOs there are, so I thought I'd share Quote from the article: "The study begins by breaking down ICOs into 6 groups: Scam, Failed, Gone Dead, Dwindling, Promising, Successful. “On the basis of the above classification,” they wrote, “we found that approximately 81% of ICO’s were Scams, ~6% Failed, ~5% had Gone Dead, and ~8% went on to trade on a exchange.” "Scams were defined by researchers as “Any project that expressed availability of [an] ICO investment (through a website publishing, ANN thread, or social media posting with a contribution address), did not have/had no intention of fulfilling project development duties with the funds, and/or was deemed by the community (message boards, website or other online information) to be a scam.” DYOR people ... I don't agree that 80% of ICOs are a scam. However, there is a sense in the above. Against the backdrop of the lightning successes of such IСO as EOS, Tezos, Bancor, the interest of startups to the crowdsales has greatly increased. Everyone, whom not laziness, began participating in ICO. Of course, this as a result adversely affected the market of crypto-startups as a whole. Triple of this effect was clearly reflected now, when the market met another regular correction At the same time, as before, many ambitious and promising start-ups with real ideas and intentions are coming out to the ICO. Many don't get to finish what they started, but this is typical not only for crypto industry. |
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I think cryptos have just bottomed out for now. Probably is time to buy.Everyone seems to be shit scared. Opinions?
I agree with it. In the end, this decline should stop. People are really already frightened. The authorities and cartels will certainly try to squeeze their interests and lower the price even lower, but this is already contrary to the interests of a number of major players. And whales, of course, have the resources and capabilities to endure further price collapse, however this is already dangerous because the bad reputation of the bitcoin's cryptomarket can be completely destroyed. Therefore, I believe, at least I hope that the bottom is already very close and soon we will see a long gradual bullish trend. |
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I don't think that ETH will beat Bitcoin in the price. At least in the foreseeable future. At the same time, I consider the ether to be much more promising and I feel a tendency to the fact that the prices of these crypto-currencies are moving towards rapprochement.
In fact, it is very important that bitcoin somewhat lost its credibility against the background of other currencies and allowed younger, progressive, functional and applicable technologies to enter the market.
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In my opinion, I believe that cryptotechnology has a great future. Moreover, very soon cryptography will be ubiquitous in all spheres of life and branches of human life.
Of course, now in the cryptography market there are niches that bring good and even very big money. And yes, I will not hide, I am interested in the cryptography industry for immediate earnings. Including trading, investing, etc. I believe that these are related processes, which ultimately have a positive effect on the development of the industry as a whole.
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