And one major key for every cryptocurrency investor is patience and hold I repeat you your altcoin
Patience is not actually the major key for every cryptocurrency investors. Knowledge and understanding are the major key every crypto investor need to have to become very productive. This allows investors to develop specific strategic plans to meet the current trends of the crypto ecosystem in order to maximize their level of profits.
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So what’s the difference exactly ??
There is a big difference between ICOs and IEOs. With IEOs, before the project will be able to launch their IEO on an exchange platform, the exchange platform obtain the necessary information from the project team members to avoid investors from being scammed. Also with IEOs, investors can monitor the progress of the token sales and how successful the project will be.
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Currently, the only crypto coins with good potential of making investors to make some amount of profit are Ethereum and Bitcoin. The crypto market is gradually picking up and more investors are coming back into the crypto space after the raise in the price of Bitcoin.
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Ethereum currently is best for short term investment plan and daily trading. It will be a bad idea to invest in Ethereum for a long term considering the range of its market price in two months. If you are investing in Ethereum, you need to change you investment plan into a short term plan or a daily trading plan. With that, you can take advantage of the frequent changes in the crypto market.
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The difference between the rich and the poor is simply the ability to know the right time to sell.
I don't think i will agree with you on this. The difference between the rich crypto investor (successful investor) and the poor crypto investor (unsuccessful investor) is how they both understand the crypto market and their strategies used to minimize the level of risk associated to their investment.
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It will be a bad idea to invest in ICO project considering how the crypto ecosystem is changing. IEO is the new way to invest into a crypto project which is scam free. If you are still investing into ICO projects then you are at your own risk of either losing your money or buying a scam crypto coin. ICO is dead now.....
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It will be a bad option to borrow in cryptocurrency. The volatile nature makes it a bad idea. You could borrow $100 and you will end up paying like $500 in return. But on another end, the person who lend you the cryptocurrency might lose the initial value which he/she lend to you.
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Well, I think the crypto market is experiencing a bull run currently but people can tell it's a bull run because the value of Bitcoin and ethereum are not as high as they were in the later part of 2017. But when you consider the rapid increase in the market value of most of the cryptocurrencies, you will understand that the bull run has started...
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Do you still hold coins and wait for them to grow? I trade every day and make a profit. I can make a few in one day. For a month, it turns out about 100% Why sit and hodl coin?
Maybe for you trading daily could be very profitable to you but to someone it might not. And everybody has his or her preferences, some investor might love to develop a long term investment plan and others may prefer short term investment which might be very profitable for them. Hodling is often by choice for most investors due to an investment plan.
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Ethereum currently can be considered as one of the investable crypto coins which investors can maximize a good amount of profit with good strategic investment plan. For the past two weeks now, it's price has range between $140 to $190 with good interval fluctuation. It's market cap has somehow increased a bit.
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I don't really think all new crypto coins are worthless. Some have good potential of bridging the challenges other cryptocurrencies couldn't solve as stated in their whitepapers. But how good a coin is or how proftable a coin is, it all depends on the investors level of knowledge about the coin and his/her investment strategies.
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The majority of people found in the cryptocurrency ecosystem are people who are just in the system just to invest and make profit. For such people price is everything to them. Thus why when there is a drop in the price of Bitcoin or ethereum they start speculating that the crypto space is coming to an end. Only true crypto believers are not concerned about the prices of cryptocurrencies. They are more interested in the technology and how it's gonna transform how human do things.
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It is a good idea to buy and invest in altcoins but I will suggest that you spend huge amount of time to study the altcoin market before making any purchase. If you don't, you are likely to invest in shitcoins.
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I don't really think the crypto ecosystem and the crypto market works on the principle less price = more profit. Its all about the investment strategy you have developed to minimize the investment risks. You can make more profit when you understand the core principles of crypto investment and crypto trading.
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Considering the current state of the crypto market, Ethereum will be the best altcoin to invest in as it stands now. You can make about 50% profit from your initial capital used to start the investment if only you spend some time to monitor the trading trends of the ethereum market.
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Don't waste your time of thinking of becoming an Altcoin millionaire. You will just end up losing about 70% of your initial capital of your investment of becoming a millionaire. Just invest the amount you can loose. Cryptocurrency is not for people with a greedy mindset.
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I didn't invest in altcoin in 2018 but I spent a lot of time studying the crypto ecosystem and trends of the entire crypto market. I realized that 2018 was indeed not really good for altcoin investment. 2018 presented a lot of scam crypto projects with investors losing huge sum of money they invested.
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TEAM: The campaign will run from now to.........., the bounty rewards will be distributed 45 days after token sales GENERAL RULES: One account per person BOUNTY HUNTERS: joined 5 telegram account per person 3 bitcointalk account per person 5 facebook account per person 4 twitter account per person 2 Reddit account per person 2 LinkedIn account per person
Two days to the end of ICO... TEAM: Due to some reasons,the ICO will be extended for two weeks BOUNTY HUNTERS: Can we stop the campaign and remove the signature? TEAM: No,the campaign will continue to the end of ICO. BOUNTY HUNTERS: When exchange? TEAM: We can't discuss exchange now,we will announce when is time. BOUNTY HUNTERS: When bounty rewards distribution? TEAM: Wait for announcement here.
After ICO...... BOUNTY HUNTERS: When exchange? TEAM: We are preparing announcement, wait for it. BOUNTY HUNTERS: When bounty rewards distribution? TEAM: We will announce here just stay tune. TEAM: Our coin will be listed on....... on ..... BOUNTY HUNTERS: When bounty rewards distribution? TEAM: We will announce here just stay tune
After listing...
BOUNTY HUNTERS: When bounty rewards? TEAM: We will give the announcement in days.
After coin dumped... TEAM: The bounty rewards will be distributed in 3 weeks.
Bounty hunters using multiple account, Dev and team delaying bounty rewards until it worth nothing. Then who is the cheater?
I think when bounty managers launch bounty campaigns, they always add disclaimers to the rules of the bounty campaign. Mostly this disclaim talks about how the bounty managers have the right to change the general rules of the bounty. For me i don't think there is a cheater here.
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Money making in cryptocurrency begins with how informative you are and your knowledge and understanding of the crypto market and the crypto ecosystem. This provides you with basic requirements to make money. Investment and trading are the basic and easiest way to start making money from crypto. Your knowledge and understanding helps you to know whether to invest or trading. Being informative helps you to decide whether to trade or invest.
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#Signature Bitcointalk username: Youghoor Forum rank: Sr. member Number of posts: 1457
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