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Is it possible to happen? Altcoins crushing bitcoin in terms of price, trading, etc.? I am just curious about all of your thoughts, so don't hesitate to reply and get yourself justified ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) This is for all of us to gain knowledge between ALTCOINS and BITCOIN. My opinion, it will not happen anytime soon, maybe after 10 years. Bitcoin will remain in place, becoming the ruler of the market and triumphant. The strategy remains the same, you can try another crypto coin, but the main priority is bitcoin.
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What are the reason behind falling Bitcoin and do you think it will be down more!
Accidentally, that's what I experienced. When my friend started talking about bitcoin etc. I was also interested. I think this is a very complete industry, where we can invest, play and make money from the internet.
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I am seriously considering it. There is no future in a small market cap that is pumped and dumped!
In addition, trading bots are running the show: milking everyone!
Yes, I already think that the crypto currency has started to weaken. People began to hesitate and leave. This is a very bad situation, we can not possibly invest our money in a weakening industry.
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Many people who entered the crypto ecosystem within last year ending thought it was a 'get-rich-quick' venture and so they didn't understand the true meaning of what they joined. I don't believe crypto was made mainly for investments to give back 100%,500%,1000% and so on within some few days. Every coin has its unique purpose far more than just trading or investments... Those who've been in crypto for long years do understand this technology better and they seem to still encourage us to hold on. I think we should follow suit and appreciate the crypto ecosystem in totality. Anyways, sorry to everyone who's lost money by investing blindly, but what we must know is that, crypto is far more than an investment platform. Let's keep on promoting projects and spreading the good news to others. The future will be bright.
Yes, because I know a lot of people who invest in Crypto and trade, so now, when altcoins is falling in price, many people want to buy and hold altcoins for the long haul and wait for altcoin prices to come back up, steady and stronger than the year before.
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Ripple is a shitcoin as they say, I've heard alot of negative comments about Ripple, they say ripple is a scam coin because it's centralized and majority of the holders are from banks. What do you think? Should I trust Ripple?
Well, the more often you hear negative stories about Ripple, maybe it's a sign you have to buy more and more, because the discount is definitely bigger.
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I'm really disappointed with myself now because of Verge. Way back June 2017, I bought $200 worth of XVG and I sold it last week a day before the pump happened. It could be worth more than $5k now if I just HODL. ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) Well, I need to move on and learn from this mistakes. This will be a lesson for me to have patience and wait for the right time to sell my coins. The reason why I sold it was because I need more funds to buy another coin. I'm happy with the coin I bought because I can now see that it is now starting to pump. Maybe, I'm just half disappointed every time I'm seeing the current value of Verge. I bought some XVG again and will surely hold it this time. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I hope that this experience of mine can be a good example for everyone especially the newbies in this community. In my opinion, diversification will slightly minimize something like this. But here's the risk in this field, because even when the up trend is still difficult to get the optimal profit.
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There are many ICOs out there, but more than 50% of them fail. From my analogy, could this be the reasons why ICOs fail? 1. Being too complicated: If you want investors to favour your ICO, make sure they understand your coin offering. Be concise yet interesting, creative yet not too ‘techy’ and try to explain concepts from scratch. Of course, the detail you go into is likely to depend on your target audience. 2. No unique Use case and lack of creativity: The reality is, ICOs are not straightforward and with new ideas and concepts arising daily, you need to get noticed and that means coming up with some unique Use case So, before a developer even attempts to launch an ICO or enter the crypto world, ask yourself: "What will make investors choose this particular ICO over a competitor’s ICO?" I believe the list continues.
Has a concept that is almost the same as the project that has been running. Or developer does not have a backup plan when ico is not running as expected.
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When you ask someone for advise they always say buy low and sell high but this is very tough.
What is your strategy for buying low and selling high?
Do you agree with buy low and sell high is very tough?
Yes, because the market is indeed difficult. But by dividing up on some coins, and buying them gradually may be a bit busy and potentially more likely to be optimal.
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What is happening in crypto world? Every Altcoins are dumping now, I am new but I have some good worthy coins. Now I am losing huge money for this dumping.
What should I do now? I am very worry about it.
Because this is a swing, and before it has been pumped so high, and so it works a normal way. If you have entered, hold the rope firmly, and be ready to wait for the next swing.
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Guys, i lost half btc in some circumstance and rest of my altcoin in also down position so in that moment what should i do? give me your suggestion.
Cry or panic, but do not sell it. If you can survive until the end of this year, maybe you will have a different story.
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What is the famous saying....."If you can't handle the heat get out of the kitchen."
There are so many people crying about the recent dip of BTC that I'm frankly getting annoyed. You should know the risk involved in investing in crypto. If not, don't even waste your money. Go buy a CD that won't make more than the rate of inflation. Remember investing is literally legalized gambling. Treat it as such or don't even jump in the pool.
For those who burn and do not want to go out, then they cry. Probably will not immediately restore their portfolio, but may be able to restore their strength to last longer.
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The global economy is nearly 80 trillion USD per year. Payments using any type of cryptocurrency as a medium of payment is a tiny fraction of this total.
What are some of the reasons preventing cryptocurrency from being more successful as a medium of payment?
Perhaps one of the attributes that a payment media is the stability of the media in question, and crypto will not attract many people when its value begins to stabilize.
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Do not panic. this is bull trap. short time increment of alt and bitcoin. please be alert to invest. suddenly the market can goes to deep red again. because the red dip still not over
= end of July most probably this dip period may be over
= most are predicting 5000$ is bitcoin lower so ready for it.
=accumulation period also now
=for day buy back traders face good.
It seems we are already in the lower bounds range of many coins. If the surfboard is ready, jump, or you'll miss the waves.
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Have you ever take wrong decision when you were panic. share your experience
I bought a coin when it cost 0.26 and waited several weeks. When the price is 0.31 I sell it and the price keeps rising. I bought again when 0.35 and shortly after buying the price dropped to 0.3 and I panicked. After I sold it the price went back up. Trading makes me a headache.
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Bitcoin price is going down day by day.. Is bitcoin cash have that much potential to overcome the bitcoin?
If you look at the current crypto trend, it seems there will be no altcoin that can replace Bitcoin. And if there will be, I'm pretty sure it's not BitcoinCash.
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most of cryptocurrency are red for now and down in USD terms,, especially bitcoin at this moment bitcoin price down below 10K USD depends on coinmarketcap data
is this the best time to buy more bitcoin ?
For this year, it looks like the lower limit is in the $ 6000 range and I'm pretty sure that its upper limit will not yet return to its highest point.
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Hi. I have a question for you.Some ones do Day Trading,Some ones do short term holding,Some ones do long term holding,Some ones invest in ICOs and some ones do bounty and Airdrops.But what is the good and easy way to earn with altcoins.?What is your suggestions?
I do not know if mining is included in your criteria, but I think mining is one of the most effective ways to gain profit in this area.
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What are the strategies that you use for take more profit whether you are in short term trading or long term trading ?
My strategy is to divide on some altcoins that are still within the limits of management, and buy gradually by looking at the market situation.
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I think that 95% of crypto coins and tokens won't survive and the reason is that a crypto coin in order to survive and get value it has to be accepted as a way of payment for purchase goods or services. Very few coins will manage to do it at the end of the day and of course these coins will get enormous value. The only thing you have to do is to find out which coins will enter the market of real currencies.
It does not seem to be so, because if that happens, then there will be no great fluctuations, which is the main attraction to enter in this industry. So let it remain a mystery.
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is it a gambling habit that you invest more than 10k? most people that are into crypto are working and taking classes at the same time. only to take loans for school to put into crypto. should you invest more than 10-30k dollars worth of crypto? back then people are investing only 1,000 to 5,000 into bitcoin. how serious is crypto. back than i hear people opening 2nd loans from their homes. but now it has quiet down a bit.
It may depend on what crypto you want to buy, or how much profit you expect. Because at present of course some coins have different potential and risk.
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