Trading is also investing but this time around you need to be very skillful and learn how to trade effectively. It is a very tedious exercise and it requires a lot of patience because you can as well lose your investment if you do not know how to read cryptograph and also know when to stop and wait for recess especially during the bear market. Buying bitcoin and keeping for a long period is the easiest thing to do and it does not require any special skills other than buying crypto and keep it save in your wallet for a long time and take profit when the price has increased
Most people want to be a good trader in this market but very few people can do this because this is a very vulnerable placeand the continuous volatility is the reason so many investors give up. In fact, people will choose to invest more and wait patiently until they make good profits here. I think that if you choose day trading, there will be times when you will feel very mentally heavy and it is difficult to keep calm when the market collapses. |
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Which altcoin do you think will be the game-changer this time as most of us have speculated and believe that there will be a bull run post Bitcoin halving, apart from Bitcoin altcoin does give a good return on investment during the Bull run just like how we witnessed last time. I will suggest everyone to choose top altcoins before halving as not everyone can afford to invest into Bitcoin.
Apart from bitcoin i will chose BNB.BNB is most known exchanger coin (binance).also they did very well in last two years, even when crypto bleeding that time binance reach ATH.And I think this coin can break 100-200$ if bull run happen.So my choice is BNB apart from bitcoin. This is the option that I have considered many times in the past and indeed BNB is a very promising investment because the coin usually goes very high when there is good news. I usually buy BNB every time a new IEO project comes in because it's a good time for the coin to rise. Also, people prefer to use this exchange and that is why I am happy to use it. Of course I also buy BNB to hold and reduce a lot of other costs when trading here. |
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If you must hold altcoin because they always bring better profits do not go too deep and make sure your altcoins are top altcoins
New and cheap altcoins also will give huge profits but 99 out of 100 will go in the opposite direction so you can reduce the risk of losing your investment capital by holding well recognized altcoins.Still no one can predict which coin is going to be more profitable 2020. Absolutely right, Because i have invested all my money into altcoins and that time i made profits after that i have lost nearly 99% of my capital. But i have invested in the top altcoins, i can now enjoy recovering my fund but i am now hopeless for investing in shitcoins. So research before investment is necessary for every new investors. In fact, before deciding to invest in shitcoin, look at how this market works because you're not always lucky enough to make a profit from these coins. I think only the top altcoins can help you make good profits because these are the coins that are trusted by many people and the demand for investing in these coins is very high. However, in this market is often unpredictable and you should have a reasonable investment strategy to reduce risk. |
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I confirm joining this signature campaign, all information is correct in the spreadsheet.
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its probably the best time to buy some of the alts now
not sure if there will be a better time in the near future
(not talking about those that already pumped in 2020)
This is a good time to consider, but you need to be careful because there are some coins in this market that are being manipulated. I think currently should only invest in top 5 coins to ensure profit because the crypto market is very unpredictable now and if not careful, you will spend a lot of time waiting. Also, you may consider investing in some new projects but be careful because of a lot of scam projects. By all means always keep calm when investing and should not rush to make decisions because the bear market can still come back unexpectedly and will certainly cause damage to investors. |
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What you think more profit, participate in IEO or wait after IEO and buy the token from exchanges?
To think about cryptocurrency during or after IEO always depends on the offer and price of the cryptocurrency itself. For example, if there is an opportunity to get a good% discount on IEO, then it is better to choose this offer or at least invest part of your funds allocated to this company, and only after you buy some of the cryptocurrency after it is listed. It is also much important that we look at the potential of exchange that how the trade is going on that exchange. If the IEO is started on a high volume exchange then it is very beneficial to invest in that IEO because on high volume exchanges the value of the coin do not drop but gain more value with the time and give a good profit to the investors. Most of big IEO projects that appear in high-volume exchanges are always profitable for investors. Currently, a number of exchanges such as Okex, Huobi, Kucoin are being participated by many investors because all of the IEO projects here are profitable for investors and if you are lucky, you will become rich. There are many good projects in the past and I am very lucky to have participated in more than 5 different projects. Of course, there haven't been any projects that have disappointed me and I'm sure this investment trend will be more popular this year, so consider when a new IEO project appears. |
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Over-confidence is always a negative factor and not just in crypto trading nor in trading field. Our level of confidence should be derived from the depth analysis but most traders are getting those level of confidence due to their experiences and amount of capital available for trading which are always less-influencing factors hence such type of traders usually end up booking losses. Being confidence is just a belief and we need to understand our thoughts has nothing to do with market directions. Always being humble and polite against market will help any trader. Yes, I mean we must follow the stop loss and target levels and out of confident, we should not try anything new. Simply, sticking within basics of trading will lead to profitable trading always  . I think confidence will not help much in trading but without this you will feel very afraid to start, so for some investors confidence can help them a lot in trading. Since joining this market, I have always faced a lot of risks and based on the knowledge I have learned during the past time, confidence in trading is very important. In addition, you also need to have good mentality and always calm before making decisions. Of course emotions are often difficult to control but if you can do this you will soon become a good trader in this market. |
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nobody knows about the direction of crypto prices especially altcoin in the future. altcoin sessions can come, but not all altcoins have that opportunity. now there is a lot of shitcoin in exchange. I think bitcoin has left the bear market. but until now the altcoin session hasn't arrived yet. hopefully the altcoin session will come.
It is all just a prediction and altcoin is still a risky investment if the market can not rise well in the near future. Actually, Bitcoin has not been able to break out of the bear market and it is certain that the coin will have a big correction this month. Today, almost all coins are falling and that will certainly affect the psychology of investors so be careful with altcoins because this investment is unpredictable. Personally, I sold some of my profitable coins last week and am starting to buy some cheap coins because maybe after this time the altcoin will recover. |
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Personally I think the risk involved in investing into some altcoins is very high , thats why majority of people prefer to invest into Bitcoin. Because alot of the altcoins are dead without any developments or progress , so any upward or downward movement in the market it will take them to their grave which they might not be able to ressurrect again.
Of course Bitcoin is everyone favorite investment, but the profit will not be much because the price of Bitcoin usually only increases from 5% to 10% if all goes well. I think investing altcoin will bring more profits but the risk will also be much higher than Bitcoin investment, so before buying please consider carefully. Personally, I always hold half of my assets in Bitcoin and the remaining 50% I will invest in some top coins like Ethereum, Binance or Ripple. Maybe I will lose money if the bear market returns but altcoin season will definitely return again before things get worse. |
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current situation and 2017 differ greatly and I am not so sure if events like before will happen again,although reaching $ 20k will take at least 4 to 5 years
This year there will be a lot of big changes and the value of top coins will always be the subject of most concern. I think Bitcoin is still the most dominant coin in the crypto market and certainly all altcoins will depend heavily on the price of Bitcoin. However, this year may be the opposite and hope that altcoin season can return again. My prediction may be wrong, but I will still choose to invest in this market because in 2020 there will be a lot of good news that will cause the market to rise. |
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I hope you know there are still many project that are not taking up coin offering and getting launched. The issue of fake teams and scam are some of the key hurdle facing the ICO this days. Many people are scared and many project turn to scam on daily basis
Before investing with ICO check their reputation team and developer, many ICO use fake data for their owner and team. But some ICO although manage by real owner always failed because have bad system where listing on market with lower price, but I will stop awhile with investing in ICO project during get success ICO at the future. Should wait after listing to know the exact potential of that project because until now most of the ICO projects are scams and it is difficult to make a profit. For some investors, ICO are rubbish and certainly they never care because many projects have caused them to lose too many assets in the past. Currently, IEO, STO, IMO, IDO are probably new forms of investment that are appearing more this year and hope that these forms will be more interested by investors in the near future. |
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Actually, I'm holding and trading, can you believe it? My strategy is to deposit 1 bitcoin into Binance and start trading with alts. Then when it is profitable I will sell alts to increase the number of Bitcoin. That's the way I hold in the bear market and is showing signs of reversal. I have accumulated 1.6 Bitcoin since the start of trading in September 2019. This is one of the ways to help me maximize profits if we have knowledge of Technical Analysis.
It is a very good strategy and you deserve to receive my compliments because it is very difficult to make a profit in this market. In fact, a lot of investors with poor sentiment are often very worried when the market turns red and that is the main reason why they do not keep their calm when investing. I think current market is getting better and if you can maintain this investment then you will be very successful. Personally, I'm not good at trading but very good on long term investment because I always know the good time to buy and sell when the profits are high. |
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so far it's been better. but indeed our hopes are far greater than the present situation. but this is the beginning of the process towards a better altcoin market. remain optimistic for this year because there are many opportunities for major project updates to occur this year.
The signs of the Altcoin season are already visible, it's time for you to buy some potential Altcoins like LTC, Tron, EOS, ETH for long-term investments. But I think this year the price of Altcoin won't go up perfectly, like Halving's experience in the previous year, so the price of Crypto will surge up a year after Halving. That means 2021 is the perfection of the price of Crypto by achieving a new ATH. Altcoin season will happen very suddenly and you can not predict what will happen so in the investment must always ensure your assets. A lot of people have the same thoughts with you but surely 2021 will be a better time for coins to go together and hope the price of all altcoins will reach new growth. Of course that is only a rough estimate and everything still depends on the new trend of the crypto market. I think in the next few months the market will have a big correction and bear market is likely to return again this year. |
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I think BNB is not a new Bitcoin and nowadays indeed BNB is getting a very good volume so that it can beat Bitcoin, and if later the price could exceed Bitcoin it could have happened because in the world of cryptocurrency no one could Predict the price appropriately and always miss, we see it later how the development of BNB
BNB is just a normal altcoin and cannot be compared to Bitcoin because this coin has a higher trading volume. I think if you want to compare with Bitcoin, that coin will definitely be a lot of investors and until now there is not any coin that can do this. Personally, in the next few years Bitcoin will still dominate this market and altcoin will depend greatly on the value of Bitcoin. Of course, BNB can be compared to Bitcoin someday but it is still too early to talk about this. |
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Not all the altcoins will rise when altseason started only few of them will make it, majority of altcoins will die and mostly projects without use cases and working product will be eliminated which is good for the cryptomarket.
I agree that those who are for real cause will survive and make a big run once the alt season rise back. Those projects that added real value and helps the industry to be more useful being alternative to the current system. We do have speculated and waits for alts that will continue surviving and tailing bitcoin's success. Altcoin season has always been a topic of great interest recently but I believe this will not happen according to many people predictions because this time the market is still being manipulated. I think Bitcoin dominance is completely overwhelming this market and altcoins are still very much dependent on Bitcoin so surely this time is still very risky if you choose to invest. I rarely predict the future, but it may take a few more years for the altcoin season to come back and the market will be hard to come back to like 2017. |
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altcoins offer more profit but it is also the most risky, it can drop huge value in just a few minutes, you can see like matic, this price making usually comes from people called sharks, because There are some altcoins with small market capitalization, for me it is best to only hold the top coin in the long term, especially bitcoin, because I believe that the future will be blockchain technology, the first coin to rise sharply will be the top coin and especially bitcoin
Of course altcoin is a very risky investment in this market and before investing you need to have a specific strategy because altcoin is very easy to manipulate. In fact, just having a bad news appears makes your psychology affected and if you worry, you will panic sell immediately. I've had many of these cases in the past and it's really hard to control my emotions when the bear market comes back. Currently, you should only invest in some altcoins in top 20 because these are coins that are not manipulated and very much dependent on rise of Bitcoin. |
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Full time trading won't be boring if there is profit. When we make some prediction, and if the same won't happen in the real time market it won't be profiting. When one completely depends on trading for life needs, and we don't get the required amount surely it'll be disturbing us. So, when we don't find success in trading it is good to have alternate means for living.
yeah true. profit always makes us happy, it's boring when we feel loss. because profit is the purpose of trading, so people will not feel bored to continue to get profits to get rich. the most boring thing in trading when the market is bearish it's a little difficult for me to make a profit. Nobody wants to lose money in trading and this is the basic rule when you spend all your time doing this job. I think any job will sometimes make you depressed because you are not always lucky to make a profit and the market is often volatile can affect a lot of your assets. In my opinion, it is necessary to know how to make our psychology more comfortable and to do this, you should spend time going out to meet more friends. Maybe, it's not a good advice but if you sit in one place continuously, you will easily get depressed and will feel very bored with this job. |
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Market has already hit its bottom last year, half of this year will be the recovering and rest will be exciting. Im seeing 1trillion marketcap on the last month of the year. Another unstopable bull run will happened after the halving.
Market has not been able to achieve the highest growth but I hope that this year will be different because everyone is waiting for the uptrend. In January there were a lot of altcoins rising very high and some coins are starting to have an impressive recovery so surely this year there will be a lot of changes. I sure altcoin season may return soon because this is the best time to make a profit and certainly many coins will reach new prices. However, all stop at the prediction and any investment is risky so please consider carefully and make the right decision when investing in this market. |
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I completely agree that crypto will be the currency of the future. Cryptocurrencies are already used all over the world and constantly more and more countries begin to legalize cryptocurrencies and recognize them as official currencies, this is just a matter of time when the whole world will already fully begin to use cryptocurrencies with its full potential.
yes I am also optimistic that cryptocurrency will be the currency of the future. but in my opinion it will take a very long time maybe it takes 10-30 years to be realized. because even though there are already several countries and companies that support cryptocurrency. but if we total the total number of people who do not understand about cryptocurrency far more. Currently only 1% of the population knows about this market and it is really difficult to become currency in the world because not everyone has time to learn. I think a major change will be needed and all major countries must accept the existence of crypto as this is the only way for everyone to know. Personally, I believe in this market and blockchain technology will certainly be applied in many areas to serve our lives. Of course, this is just a prediction of the future and we can't be sure what will happen next but I hope one day crypto will be a new trend for everyone. |
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