If you really want to do for long term investment then you can choose monero,Ethereum,Ripple and stellar. I use to invest in these coins since I came into crypto and you can also give it a try and see.
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Inspire of all the scam projects and ICOs hovering around in cryptocurrency,there are some peculiar ones you can't go away from them. I have personally planned not to participate in many projects now since there is the probability of 80% scam projects I might duel into.
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The attention on banks with investment plans has reduced for some time now. People will like to invest in cryptocurrencies rather than saving at the bank which fetches them nothing more than crypto investment. Due to this,some banks have started going bankrupt.
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Since I came into cryptocurrency business,I have taken a keen look at bitcoin and its relation with other altcoinstalk. I can say the price of bitcoin is directly proportional to that of alts hence they are greatly affected when bitcoin price goes low.
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Taxes offer the entire populace good than harm. We use to enjoy some social amenities within the societies and countries we hail from at large. Most people in the country refus to make due payment because they don't see what the government does for them in the country with the money.
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Having a glance on the market now says,there are too many cryptocurrencies that you can think of and it becomes uncertain for people on which one to really invest in.its all about reading and never be in hurry to invest in unknown coin where you will lose.
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Know Your Customer has been good to me last month when my stakes was nearly stolen by one bounty hunter.He pretended to change my account details and unlucky for him,I was sent message through email to verify and that was where I was saved.
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It is mandatory for every citizen to pay tax. We all enjoy facilities in societies that we hail from and it is these taxes the government use to bring up such projects. Taxes really help in putting up developmental projects so we should give it attention.
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I remember my first investment in cryptocurrency, I invested in one project and I got a message to complete my kyc before I can get paid. So sad that I failed the kyc because my pictures were not clear and a whole lot. This really scared me of kyc issues. They really help a lot though I didn't benefit.
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Whenever you want to buy a coin,kindly read more on the coin and know its potential.Dont just buy coins but know more of them because there are scam once indeed and you need not to lose money like that.
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We all need not to shiver and fear for the dip in the price of Bitcoin. It takes just few minutes to pump and I hope this will happen to put smiles on investors and bounty Hunter's faces.
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It is always better and the best decision to hodl Bitcoin when you see that market is really down. In such an instance,try and buy more to hodl and you will enjoy the more when the price goes higher.
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Market has no where to go than to come back with vigor. We should not be shaking for the sake of market being down and thinking of losing precious money. Pump will start soon.
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The fall in the prices of coins on the market has made most people lose hope of how stable the market will be. It is all about time we waited and spy the market because there will be a massive pump in time to come.
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I don't consider the market dip to frighten me.Always with my ether and hope all things become equal and healthy. Its all about determination.
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I personally do not have speculated amount or percentage of fall the coins have to reach. Butcoin is absolutely down and what needs to be done is to hodl. Do not sell before you regret.
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A friend of mine nearly committed suicide all because market is down and he has invested $2000 in some coins.Can you believe this? I advise all to keep in touch and move forward so that our lives do not get affected with market prices.
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If you want to know the profit you have gotten, just substract your principal from the overall money you have accumulated. It is not at all times you can get profit, it demands critical thinking and caution.
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Gone were the days when i use to check the market every now and then but I have halt all these. The market is really burning like a candle and i become sad when i see my precious coins worth $20 now when it was worth $1000. I hope market revives soon.
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Personally, I like the long term investment in cryptocurrency. There are some benefits long term investment offers me and I always love to invest for a longer term. Considering the huge amount of profit I get,I wouldn't think of halting this but it all depends on your financial status at the spot.
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