I'm optimistic about it. But, everyone is expecting December's bullish run which I doubt would be possible. In 2017, it came as a surprise so I'll think the rise would come but not sure if it would be December.
|
|
|
I'm oppose to that idea of regulation because it contradict what crypto stands for which is decentralization. Let all the exchange (new and old) compete favourably among each other, it will bring out the best service from them and investors would benefit.
|
|
|
Alot rest on the outcome of SEC decisions on numerous ETF applications filed before her. Unfortunately, the decisions have not been favourable so far which is why many are skeptical about Bitcoin and several investors are pulling out of the market. If we can secure ETF approval then we might witness another reasonable upsurge in price.
|
|
|
Successful traders takes ample time to hone their skills. Trading skills is not something that happen overnight, you need to be persistent with it. Personally, my experience in this space has shown me that TA and FA aren't enough to be make successful trading rather I'll say you should watch out for news. News (hype) influence this space alot.
|
|
|
In my opinion, I don't see cryptocurrency replacing fiat totally. Rather, I will forecast a global economy where both operate side by side. I mean both crypto and fiat operating alongside each other. Fiat still has a role to play especially considering the fact that the world is not at par on technological development.
|
|
|
AUTHENTICATION POST
Bitcointalk username: Daseento
Media/Content Campaign
|
|
|
Exactly OP. Those who speculate are gambling, they aren't sure of the investment outcome while investors relying on their expertise and in-depth research are not easily scared even in the face of downward movement of prices.
|
|
|
Well said. The golden rule remains " keep your private keys secured". No one can hack wallet if sensitive information such as private keys, password and mnemonic words are not compromised.
|
|
|
That should be reemphasized, that investors should invest only their spare money and secondly, due diligence must be done such as research before investing in any cryptocurrency project. While you can start from someone suggestion ( such as the poster ) that should not replace your personal research.
|
|
|
You really can't blame us ( the coward ones). Event of lately has taken most of us with surprise. Technical Analysis and Sentimental analysis aren't enough anymore to make trade decisions and even the once thought relatively stable coins( ETH) are staggering. I hope for the best.
|
|
|
In my opinion, the market is down due to delay in ETF decision and necessary market correction. After the upsurge in prices of 2017, Experts traders should naturally expect market to retrace prices to their original value.
|
|
|
You're right. I think everyone in this space need a reorientation. This space is not for the fainthearted therefore the market can be on a downtrend for long but surely the bulls would return and we shall smile again. Also, if you come with the mentality of quick astronomical profits, sorry it would take a while now.
|
|
|
Hodling in this bear market has proven to be very costly too. Dear trader, learn to apply Stop-loss on your trade especially when you're not thinking of invest for a long time. This was by far my greatest mistake this year, looking at my portfolio, I wish I had tether at some point.
|
|
|
I think in the crypto space we have lot of people that have once participated in several pyramid schemes and HYIPS and they see this technology as another opportunity to participate in such schemes. More enlightenment is needed so that people can really know that this blockchain technology is way beyond several coins and tokens.
|
|
|
It would partially solve portion of socioeconomic problems because early adopters like us will surely benefits from it because our tokens and coins would appreciate in value and consequently, improved economic power. Aside that, I don't see any other way.
|
|
|
Bitcoin won't control world economy mate. However, Bitcoin is changing the way transaction is being carried out bringing efficiency to financial sector. It is no doubt something huge but the world powers would still retain economic power and will still regulate it soonest.
|
|
|
I don't think crypto adoption will get to that level. I rather believe that it's possible for them to complement each other but to totally replace paper money is not possible. Secondly, some service providers allows you to generate a new wallet address, so tracking is definitely could be avoided.
|
|
|
I actually expect a regulation soonest. Truth be told, absence of regulation is limiting mainstream adoption of cryptocurrency and is high time that relevant authorities such as SEC develop an appropriate framework for its adoption.
|
|
|
What readily comes to my is bounty hunting. That's helping upcoming cryptocurrency projects to advertise their projects. It's a great niche to explore and make some cool cash. In few years time, like 5 years, some of the coins would have gain more value. Take for instance, case of Bitcoin, many didn't expect it to reach 20k but it was huge surprise. Some of coins gotten from bounty could be worth a fortune tomorrow.
|
|
|
|