No, I will never quit cryptocurrency, sure the odds may be against us this period of time but surely we will all recover from this huge blow and without a doubt, bullish season will take over soon, so hang tight and wait patiently. Remember storms don't last forever.
Now crypto goes through hard times and not everyone can stand it. I believe that those who remain will be able to become rich. This opportunity should not be missed. |
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I am new one in this market place, so it is important to know the safety issues of the wallet. Please someone help to understand the issues of safety of the market.
never tell your private key to anyone that is the most important thing, and you should start protecting your computer or laptop that you have with security internet or antivirus, try to make a very tight security so viruses like torjan and phishing cannot attack your device. This will be safer for the hardware wallet you have. First of all, do not store your private key on your computer or online, write it on a piece of paper or create a secure archive on a flash drive. |
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Thank you for sharing your experience, I think this is why this forum exists. Everyone should share their mistakes and victories.
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It is possible for an uneducated people to join crypto. One reason is the popularity, many were encouraged to join. But the problem is, those people are the one who are more likely to be scammed.
It is easier to deceive an uneducated person. In addition, such people do not stay long in crypto because they need a quick profit. |
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I think the legalization of bitcoin in China and the United States can affect the growth of the price. Once that happens, the price should start to rise sharply. But the main thing is not to sell all your moments before that time. As I understand it, governments do not really want to give the cryptocurrency an official status.
Such things will greatly affect the price in a positive way, moreover, these countries will be followed by all the rest. |
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indeed the last few weeks BTC has fallen in price, because of the issue of negative news and downtrend. but believe me, it's starting to stabilize again. rest assured the next few weeks, the price will rise again
I'm afraid this situation will continue until the end of September. I just hope bitcoin will not fall very much in price during this time. |
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Perhaps bitcoin will fall in price even more, and altcoins with him, but he can also grow up just as fast! So for long-term investments the current prices are simply excellent.
Alt coins can not grow as fast as bitcoin grows, and this gap can determine the future price of alt coins. I hope bitcoin will stop falling. |
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If you use a long-term investment, it is best suited NEO, EOS
The EOS has not shown signs of life for several months already. It seems that Larimer's promises were nothing. Let's see if he can be rehabilitated in the future. |
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Now all the markets are crashing down and I don't know what to do with my altcoins. My briefcase fell 30% in a couple of days. I'm afraid I might lose more. Selling or hodl?
If you haven't sold anything back at march, the situation is better for you now. Prices went higher since then, but still unstable. I would recommend you to still holding your savings, because prices will go higher. The situation is very unstable, but a lot of projects are steadily continuing to close and the prices of their coins are falling. Hold does not always work. |
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NEO, WAVES, EOS, TETHER, STELLAR all the cryptocurrencies that have their own blockchain, or you can simply choose from the top 30 coins.
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Neo is a relatively stable project. It has been in development for three years, almost starting with Ether, but the development is obviously slower. Its risk is already low, but at the same time its future space is not big enough.
NEO is one of the most stable coins, while its volumes increase every month for the last six months. Very good investment. |
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Waves is one of those gotta have coins you let sit there and collect dust for a few years. It snot very exciting to hold but I think in the end will yield massive profits. It's kinda like the tortoise and hare scenario.
If you look at the dynamics of the price movement of the project, you will see that even recently the price was quite high, which means that it can grow strongly in the future. |
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Buying tokens at the ICO stage is quite dangerous, but if you are confident in the project, you can take a risk. In General, pay attention to the campaign fees, if the project has already collected softcup, it gives a much better chance of success of the project
Given the current realities of the market where 80% of the coins of projects are traded below the price of ICO, it is better to buy coins after entering the exchange and falling prices. |
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The market of cryptocurrencies did not stabilize, and the altcoins did not get rid of the dependence of bitcoin.
It is too early to talk about the future of the cryptocurrency market. And it's impossible to choose a king.
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Investments in ICO are very similar to conventional investments in projects. You invest money and in exchange receive shares of the project.
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Only your own analysis, as a basis you can take the analysis of experts from different rating sites, or reviews on the project. The study of the white paper of the project will also help.
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Dear Members
Recently I faced a bad luck. here the story
I got IOTX from GATE .io 28th of may 196000 @ .00004600 ETH. Then after one or two hour i sold it to @ .00004800.
After 3 days means June 1st , one IOTX went to .00014ETH.
if i sell June 1st 196000 * .00014 *590 = 16189$
Investment is = 5300$
so i have lost = 10800$
so in this story if i could wait 3 days , i have profit of 10000 USD. so in this case i am saying please be patient. wait wait. good coins always give a good reward to you
Very instructive story, thanks for sharing it. All of us are afraid to lose profit and therefore we sell earlier than it is necessary, and then we regret that we did not wait for the moment. |
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Basically it all depends on your needs and belief on crypto. If you are really in need of quick funds, then sell is a step that can be done. But if you really believe in the future crypto development, then hodl is the right step. As we know, that coin prices rise and fall it is commonplace in the world of crypto. When prices fall, theoretically it is a good time to invest. I suggest, for hodl altcoin that is owned in the long term, then we will get big profit.
I agree with you, it all depends on your needs, if you have nothing to live on and need money, then sell coins, otherwise wait for the price increase. |
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Be careful with ETH. The whole altcoin market have started to go down except for a selected few. I do not think ETH will be spared from the bear market in the cryptosphere. People will start converting and holding BTC because it is now starting to be bought up again.
You forget about one thing if bitcoin starts to grow up the price of the etherium will also grow behind it, which means investing in the etherium will be a good solution. |
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Look among top 20.
To my opinion
1. ETH
2. NEO
3. ADA
4. EOS
5. XMR
All these preferences mostly individual, study and analyze the market.
Quite not a bad choice. Only I doubt about the last point. From the latest news: the XMR was divided into 2 coins Ripple and XMR . Strange move... |
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