Back in December 2017 when mining coins are still damn profitable a friend told me about how much he was making from mining and I decided to check it out, I was hooked and I can't keep my mind off it so I venture into setting up my own, the first coin I started mining was electroneum but unfortunately I wasnt able to recover half of ROI back before bears take over the market and now mining seems hopeless, my question to miners like me out here is how are you guys managing? Will mining be profitable again when bulls return???
Mining brought and brings profit. It all depends on your equipment and the cost of electricity. It is important to choose the coins for mining, which are best mined on your equipment. There are specialized sites for rebounds. |
|
|
|
|
The bears are gradually leaving the cryptocurrency market, we can see this in the number of projects that have appeared in the crypto market and have risen rapidly in price. Also, Bitcoin shows good quality growth rates.
All this speaks of the revival of the crypto market. All who waited and had patience will be rewarded.
|
|
|
|
The moment I felt like stopping is always when good opportunities shows up, I've came to understand that after knowing every thing about crypto you can't do without these two tools
1) patience
2) endurance
If this two tools are lost you would be lost in crypto space and be filled with confusion
Bear, bear and bear all around, understandable isn't?
But for how long? Will bears be around forever? NO!
Cryptocurrency is growing, that's exactly what we want so why lose hope? Be full of patience and endurance or else you will leave crypto space in shame
For me the most important thing was to get training in trading skills and choosing projects for investment. I have the patience and endurance and therefore I did not have to train them. Now I have already begun to invest and earn. |
|
|
|
Holding is more or less a decision thing. To make it big in crypto space, one should learn to hodl. But the most important thing is being smart enough to know when to sell your investment. In this crypto business one should learn to take profit when reasonable without being greedy. Greed kills.
In this issue there is no universal strategy, it is necessary to act on the situation. Sometimes it is better to make a profit of 10-20% than to wait for several years of growth and end up with losses. And sometimes it is better to wait and earn x10-x20 from the initial investment. It is necessary to carefully study the project and evaluate its capabilities. And it's better not to risk it. |
|
|
|
|
I believe that every blockchain has its pros and cons. It seems to me that the Bitcoin blockchain is more perfect, it just lacks speed. However, a solution has long been found - this is Lightning Network.
Ethereum has a plus - this is the technology of smart contracts.
|
|
|
|
Hi,
I am curious if there is anyone who have traded or invested crypto more than 3 years?
and the profit is good?
Whoever invested in Bitcoins or Ethereum 3 years ago could have become a rich man a long time ago and he doesn’t need to write about it. All those who came to cryptocurrency for a long time - could make good money at that time not only in investing. |
|
|
|
my questions is, does we still need more exchange in this industry ?
thank you
We need more decentralized exchanges that allow people to trade without registering and passing through KUS. Recently, there have been frequent cases when stock exchanges are blocking people's funds demanding to go through CUS or provide data about money. That is why decentralized exchanges will become increasingly popular. |
|
|
|
Some investors and traders are complaining of not making profits like they used to, when the market was better. Instead or profits, it has been loses.
If you find yourself in this situation, why don't you ask yourself; what method am I using that is not making things to work out?
It will surprise you that the method might be archaic or that it might not work for this period.
Why don't you change it.
For instance, you always wait for long to get huge profits within 24hrs, which used to work for you. Since the market is bear, why don't you reduce the time and be satisfied with small profit. Then gradually, you can accumulate more.
In the crypto market, it has become difficult to earn. It is not so easy to invest in a potentially profitable project. To do this, you must either be lucky or take a lot of risk and invest in an IEO on a weak exchange. In any case, without the risk of something difficult to do and earn. |
|
|
|
What we should do for bitcoin to make main currency of whole world
I think we need unity of all crypto lovers to spread awareness about btc to fast mass adoption
What all you think
To do this, we must fully promote it. Explain its pros and cons to your friends, tell how to buy and sell it. What else can you do with it? All this can help find new Bitcoin supporters. |
|
|
|
|
I sold most of my weak altcoins back in the fall. Perhaps it was my best decision in six months. None of the altcoins sold to me rose in price, but absolutely everything fell even lower.
|
|
|
|
So binance have delisted BSV and hopefully others will follow soon. Should exchanges collaborate and delist all the other shitcoins?
Coin cleansing will help the crypto economy by focusing more on real projects, but it risks centralisation
There are a lot of shitty coins on Binance and other stock exchanges, but they will delist BSV. I think it has little to do with the coin itself, it’s an organized action to lower a pretty good coin to zero and take its investment for yourself. This is a bad precedent. |
|
|
|
|
The value of a coin does not depend on how many coins are currently created on the cryptocurrency market. The value of a coin depends on its technology and goals, and whether investors like it all and see whether they are promising.
|
|
|
|
So I have been thinking about this and I want to know the opinion of people too. Do the price of tokens who pegged to ethereum grow or dump with ethereum? Will these tokens rise back to their ICO tags when bullish trends return?
I am sure that many projects with the return of the bulls will sharply go up in price. However, to give you a qualified answer, you need to name a few of your tokens. |
|
|
|
Crypto currency trading is quite hard; we mostly lose some and we get to win some.
And the tendencies of making the right decision is what ensures whether our portfolio is in profit or losses
In order to ensure consistency; we have to avoid fud and be focused
NB: this is my personal experience from trading and I do hope you get to give more insights and correct my wrongs
Thanks in anticipation
Your experience tells you how easy it is to lose money when you do what you do not have the knowledge and skills. To have profits in the trade you need to learn to trade on the exchanges. For a long time to trade small amounts of money to earn experience and acquire the right skills. |
|
|
|
Crypto currency trading is quite hard; we mostly lose some and we get to win some.
And the tendencies of making the right decision is what ensures whether our portfolio is in profit or losses
In order to ensure consistency; we have to avoid fud and be focused
NB: this is my personal experience from trading and I do hope you get to give more insights and correct my wrongs
Thanks in anticipation
You need to understand that in any business where you can earn big money, there are always big risks. Therefore, if you are not ready to take risks, then you have nothing to do in the cryptocurrency trade. |
|
|
|
|
I invest only in those ICO projects that already have a finished product and which they show to their investors. I do not believe empty promises and I advise you to do so. Perhaps this way we can beat the scammers.
|
|
|
|
|
No need to summarize all projects, each of which is individuality. Among the altcoins there are enough both very good and very bad projects. Therefore, if you want to discuss this topic, then let's discuss specific projects.
|
|
|
|
I have tried to ask myself this question many times: What can be done to restore and foster investors' confidence in cryptocurrency?
There have been several incidences, most especially as regards the issues of hack of exchanges and several other forms of stolen funds, which has in turn cause down trend at some points in the crypto space.
These incidences have made a lot of people to be at their wit ends, not knowing what to do.
If I should ask everyone what can be done to foster confidence, we will all have different things to say. Nonetheless, suggestions are welcome, but before that, I just feel that regulation is part of the main language that can restore.
Aside that, if exchanges have not started the process of insuring the funds on users on their platform, it will be good they start that.
Trust in cryptocurrencies will recover by itself as soon as there are more profitable projects. And this will happen with the beginning of the growth of the crypto market. All these processes are interrelated. |
|
|
|
Hello all,
Probably you've heard the same question every day, but I'm a bit confused...
I've got some money to invest, I'm following some coins from months but the prices doesn't change.
What I mean by ,,the prices doesn't change,, let's give ETH as example in the last 2 months the price was between 92£ and 129£ and I don't know if is a good idea investing... Please change my mind and give me some options and opinions please.
Thank you.
Ethereum has grown a lot these days. However, I am confident that its growth will continue. That is why I bought myself a little more Ethereum. It now remains to wait for its growth to 350 dollars. It is at this price that I will sell it. |
|
|
|
|
My bounty story is not the best. I have no luck with projects. And I have not been able to earn anything worthwhile. However, I do not give up and continue to persistently search for good projects and work. I hope my work will be well paid.
|
|
|
|
|
Show Posts
