If you are typically a short term trader, I agree this is a good time to buyback. But don't spend all of your allocation to buy it at once because nobody can tell how deep it goes to continue to fall. Suppose you had $1000 to buyback, so my advise is start with $100 for first dip, $300 for 2nd dip, and so on.
Of course for every dip its an opportunity to buy. Most veteran trader sees this opportunity as long as the coin has a promising project. Once the market rebounds, you gained. But still its better to hold if you do not need the money.
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In my opinion, everyone in this crypto will definitely need altcoins. Since we can not depend on the bitcoin-only if it is so, then we will not be able to grow and become more advanced, our position and ability will only stagnate there. With the altcoin, it really helps us in developing our potential and expertise in doing business in crypto.
Absolutely yes, we need altcoins. There are altcoins for specific purpose and its convenient. As an alternative to bitcoin, it useful to have altcoins, for diversification of cryptocurrency. Altcoins of Token type is of different purpose also for specific projects some kind of a share of stocks, sort of. Cryptocurrency is not mature yet, and in the near future its more refine for its purpose and uses.
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You can start with less than $100. you always remember that only invest what you afford to lose. After you have more knowledge about trading and mastering your emotions then you can trade the amount up.
I started trading I think with 20,000 satoshi on Yobit just to try trading. I trade any coin before just for experience until I gained knowledge. Start small and lose small amount what is important is that you apply what you read and gained knowledge in actual trading. Its just fun and excitement to learn trading in your own way.
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Bad news for you because you can not get it whatever you have in your wallet, I think the best way that you have to do is make copy or write it and keep in safe place
That's right, if you lost your private key, there is no other way to recover it. That is why its better to keep your private keys in a safe place where anyone of your trusted person can access when needed and made some instruction, so that a member of family can access whatever happens to you.
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I can say that I everytime was trying to handle my emotions and feelings while trading, but almost every time I fail because when the time goes to your real money that you can lose it is hard to get rid of emotions You can handle of these emotions if you have vast experience on trading already. For newbies, its a roller coaster ride of emotions at first. Once you complete the whole trading cycle, you slowly adopt the market and emotions is slowly controlled.
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Yes ofcourse!,but you know what sometimes we think thats Red is a dump,some whales are waiting to dumpppp more,that's why my stragedy is buy hold and wait until the end hehe,and always make sure that coin you bought is for long-term like #xrp #iota #str,always put in mind the coin you bought is in the top 10 only..
I just set my buy order and leave it and check again the next day or adjust it. If my order is reach its fine if not then I adjust it again. So far my target price is not yet, since I set it much lower than expected.
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There are 3 explains: 1. Ico not reach softcap, than they cancelled ico and no rewards for bounty hunters => They call that bounty scam. 2. Fake Bounty/Airdrop trying to get follow on social network. 3. Scam ico just trying to get people money, make bounty to get free promotion to get more money from investors.
Greed,what drives those scammer. Why many scammer? Because cryptocurrency base ico is not regulated.Anyone can start thier iwn project, raise some funds and gone. Even a high school student can create thier own token. This should be change to protect investors and the public.
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Technical data hints that it can go down to 6000 or 5500 level. What do you think?
$6000 and $5500🤔 not much difference, if $5500 is going to be the lowest it will drop then I investing at the price rate of $6000 isn’t a bad choice. All that matters is if the price is going to rise or not. Cause when it continues to be able as it is now, Meeehn… then that’s where the real problem is. I have been seeing a lot negative predictions lately, no one is able to predict whether the price will rise to a very high price or not. Well, we all have to and see with our eyes what’s going to happen by the end of the year. But I do hope that the price will go up. For me below $6,000 is a good buy. Strong support is in $6000 thats why prive recovers very fast. Slowly,market is recovering now.Its a sigh of relief seeing it going upwards slowly. Just hoping.
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I think the author is too optimistic Even if Ethereum will raise - it would cost not more that $2k as the market is very low in enthusiastic people $15,000 is very high estimate prediction. Not in this year on my opinion too. Maybe in the future its very reachable. I hope mpre applications will be develop woth eth.
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As what everyone said, after a while facebook will unban cryptocurrency ads. Maybe they can foresee the importance of advertisement in their site.
Yes they lose revenue from crypto advertisers too. I hope facebook will regulate those ico's but I think its an additional expenses for facebook for the staff. Gacebook has a wide reach base on several categories and demography, its a good tool to reach many audience but if the project is a scam, many will fall prey to those greedy devs.
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When the price of altcoin increases then the best time to sell. Now, we know that altcoin price is low. So, it's not right time to sell altcoin. I think at the end of 2018 altcoin price will be increases. Then it's time to sell altcoin.
I can say only one thing - now it is the worst time to sell the cryptocurrency. Bitcoin and almost all altcoins are down. When BTC reaches at least 10 thousand, and ETH will cost a thousand, then you can cashout. That's why this time is the best time to keep on hodling your coin and wait till the price of the altcoins in the market is worthy when you sell your coin. I couldn't tell when it would gonna happen next but hope that it would happen soon because people of bitcoin today was so sick of getting high profit again. Just hold indeed, that is best way to fo now. If you sell it on losing price,you lise and thetes no chance to recover if you did not buy back at lower price. The best way to dell when it is on its highest, its just a matter of time. Be positive.
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I currently have 5 ETH. I should buy an ICO. I need advice from you. please give me a list of trusted ico
5 ethereum to invest on an ICO I think it will be too small, it will not be worth the time you would spend waiting for the coin to be pumped, even for your purchase price. because usually the price of coins will fall below the price of ICO when first entered the exchanger Thats correct base on my expereince too. I thonk its better to hold it in eth ,the way it is. Or, you can buy some coins on dip, i dont advise to buy in ico unless you have extensibly research it. Its very risky.
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Hello mates! I bought some pundix because of the hype prior to listing on Binance. I was expecting the price to quadruple when it gets on Binance. Lol and behold it started dumping on Binance and has been dumping ever since. There is a snapshot for monthly unlocking of tokens for holders today. I was banking on this to push up the price too. But the reverse was the case. I am expecting massive sell off today after the snapshot. Should I sell off now and buy later or should I just HODL on? Please advise
You have been FOMOd my friend. When a coin starts to pump even before the even that is the cue that you should get out of the coin immediately. That would be a lesson learned to you after all. Sad, but true it happens and experienced it. When there is a hype and start to pump, big holders start to sell. Learn the time Accumulation and Distribution period. Buy when its amassing support an sell for distribution when there is a hype or positive update. This maybe not true to some coins but it work for me.
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That $6,000 support level have proven itself so many times this year and it is really hard to doubt it. That is the strongest support level and that will be our bottom. People are always willing to buy on that price because they know it will be safe or at least less risky when it hit that price.
I agree, though it touches to $5000 but it really comes back to $6,000. Since this is the strong support we hope it can sustain and even grow more than $10,000 by December. I have coins for long trade too, I have nothing to do since it dive from the time bought it.
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I have experienced four big drops since I am into cryptocurrency. After every drop the price raised a lot and it went higher that it was before. I don't think the game is over now
Same here. There is a cycle in trading and this happenings repeats itself. Up down sideways etc. Be used to it. What if those whales sold all their bitcoins, then the new owner will sell at a loss? As what I've observed, after a bid dump, there is a pump follows at a certain intervals. Its trading, there always a market movement.
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waiting for the bounty reward more than 6 months, this is not normal, this indicates the incompetence of this campaign, which puts the participants of bounty on the bottom level or generally forgets about them.
Yeah that's right, mostly in the bounty that distribute the rewards it takes one or two months, six months waiting is not normal maybe it's a scam.
Not normal indeed. Ive joined several projects but sr they are good. When they launch they are prepared. As long as they pay, and well managed, then its fine and understand. But, when the devs is noting to be found and gone hiding, not paying, then its a scam and should not be tolerated. Example Tokenpay, they did not pay their bounty. They quarreled with manager and made some issues. They may succeed but a bad reputations remains.
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I guess I just have to wait for another train, if there has been all these trains out there in the past years, then definitely there are gonna be more of those trains that’s ginna take us to the road to millions, our part here now is to look for the eight train and ride it.
Well that right. There are more valuable projects right there waiting to be discovered. Just more research and a little wait. As long as it has state of the art technology and significant use in society. Of course community support and partnership to big businesses is important too.
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Yes it is always right to buy btc when its price is low, then sell it when it goes up. To monitor btc price regularly, one can download coinmarket app.. its a nice app where you can see the prices of different coins so you will know when to buy and sell your coins.
As always, the perfect time to buy is when a coin is in its lowest or in its dip. Once the market recovers you gain profit, that simple. Same is true to other tokens too. Also when a project is very promising that has a unique concept that is viable and practical uses to implement. You can hold it and it will give you a good profit.
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Bitcoin prices have moved up a few hundred bucks on bitcoins this week. Bitcoins are still trading slightly above the centreline range from a few hundred dollars per session today.
Its quite alarming but this is cryptocurrency where trading is not regulated. Bitcoin dip is almost 2/3 from its price ATH $20,000. Price volatility is normal, it happens in real stocks too. Being manipulated also is very possible too, and with some exchanges being investigated by US authority, price will have a slight movement in my opinion.
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I think they only banned ICO-related ads. Facebook groups and discussions or posts made about crypto or ICOs are still allowed. Don't think they will ban people's thoughts on their pages or group discussions.
Thats correct. I still see my friends posting social media campaigns on their walls. Its the ads that is not allowed, but personal posts is not. I think its just some issues is not clear because of the proliferation of some scam ICO's.
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