I think, is not all about patience, it is about making the right decisions and choices at all times. when you have made the wrong decision, you can have patience to wait it out but that never works. When you have made the right trade decision, you are and will always be in profit short term or long term.
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Well for me the airdrop are not worth as of now because their is a lot of scam airdrop are now becoming lie and also it is very hard to find a good one and also i prefer to do bounty than the airdrop because on airdrop you can gain a little profits
Yea seriously and majority of the airdrop now ask participants to pay some amount of ETH as gas before they can claim their airdrop tokens. This was no so couple of months back and some are also after participants private key as some people always make mistake and fill in their private keys in the forms.
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Some are worth it but others are just a way to scam people. Many airdrops just want you to mistakenly enter your private key instead of wallet address and viola your tokens are gone. So be careful.
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They are many reasons, one I'm not intending to hold them for long and I wish to make as much profit as soon as possible so I buy, sell, buy again and sell again. The circle just continues.
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Depending on the project, if it's a good project and after ICO it's trading below the ICO price you may invest because it will probably go above that price one day. But don't forget to do your research, it's not every coin that's worth investing in.
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You can invest the ETH you currently have in a good ICO and you hopefully you will be able to earn profit on your investment or you can buy many altcoins and hold. Hopefully too it will become profitable.
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YouTube will be a good place to go to, I'm sure it has many videos you can learn trading from. But remember to read the comments in each video and also do your own research, don't just believe in anything you hear or watch.
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Good warning because many people rush into crypto with the mindset that it is a Ponzi scheme, a way to get rich quick but they fall into the wrong hands and end up losing their funds. The thing with any investment is that patience, time and diligence are necessary. So everyone should be careful with their investments.
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This is a good story and lot of motivation to everyone out there. Currently I am wearing my first signature campaign and this is my first week in it I hope to be able to tell similar story like yours from the signature campaign although your rank is member mine is jr member.
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I have some altcoins which i use for swing and day trade, then i have some which i keep for the very long run. It is always good to separate your portfolio in such manner to be able to keep track of all your altcoins and not sell at impulse.
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I agree with you. holding bitcoin alone is less profitable when you compare it with how much you can multiply it while using it to trade other altcoins. but always ensure you have some good portion of your holdings in bitcoin should in case you are losing in the altcoin trades you can still have something to fall back on.
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Projects that have a passive income promise is worth holding. And also exchange tokens like kucoinshares and the rest those are good promising projects for long term. with those that share dividend, you keep increasing your hodl at all times.
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The issue of use of private key to access MEW will always make it vulnerable to attacks. I think the Blue wallet is more safe to use for now because is only time that will tell what is actually safe and what is not safe.
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There is no time frame for that, what you do is sell when you re in profit and buy back at a lower price. Nothing goes up forever a good example is the prices of tokens from December 2017 to early January 2018 and compare it with the current price now. sell high buy low.
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Greed is the undoing of everyone in the cryptocurrency space. Once one is able to handle greed, they come out very fine like a refined gold. The thing is always average down your buy and take profit when you see it. set your trade target and keep to it diligently.
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I would like to know if the wallet is widely being used by people or is just a total new wallet? If it is a new wallet, kindly check the cons and pros before you decide to use it. You can lose your funds by choosing the wrong wallet just think of it like sending wrong transaction to a wrong wallet address that ends your possession of such tokens. Be safe out there.
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Nowadays , it's very difficult to find ICO that doesn't require to do KYC . Moreover , it's impossible to find a really good and much promising project , that have no KYC requirments , because they are trying to work in legal field , and thus follow the regulator's requirements. As for me , I invest in ICO only if I really believe in provided technology , and submit documents for KYC when it needed by a respectful project.
Yes it is due to some legal requirements of most jurisdiction that necessitated KYC process in order for this projects not to attract citizens from where they are not allowed to participate in ICOs and to also know those who are under watch or AML.
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Whitepaper is like a detailed description of a project it can as well be likened to the textbooks we use for our course works. Without these textbooks, we wont be able to understand the course and the same applies to a project trying to run an ICO without a whitepaper. Expect they made mention of its unavailability at the time of announcement and gave date when it will be available.
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