It will be a good idea to invest in cryptocurrency only if you are able to choose good and potential coins. There are hundreds of coins, some good and some bad. So you need to be aware before investing. Some good investment coins I know so far are BNB, Huobi coin, bittorrent, Beam, and Bitcoin. You can search on the internet to find other good investment coins.
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I have much faith in both coins, Houbi and BNB. So I can say that both coins are good investment and are performing well in the market. If I am asked to choose one, I choose Binance Coin. I do not think houbi will ever beat BNB. The both coins may go in the different directions and they have separate characteristics.
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This is partly true. Crypto projects give away huge amounts of tokens for free through bounty campaigns and airdrops just to advertise their product. But the story does end here. The big picture is different. Crypto projects give high amount of bonus during pre sale or ICO or IEO. So investors sell off tokens just to get quick bucks right after hitting exchanges.
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We all are waiting for altcoins season to start. The year of 2018 was very bad for the whole crypto market. But when 2019 started, it started showing positive news for the market. But only bitcoin surged in price and this continues so far. And I believe the next time is for altcoins and we are always ready for it.
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I do not think the crypto market will survive only on bitcoin without altcoins. Bitcoin and altcoins are two parts of a coin. So they cannot survive without each other. But seeing the market situation where only bitcoin is taking off, I am forced to believe that altcoin season will never come. It may be my illusion I wish.
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Yes I am very much optimistic about recovery of altcoins. It may not take place at this time or in the near future. But I believe it will take place one day and altcoin holders will get happiness. It seems that altcoin is recovering slowly but not at a high paced. Altcoin will make every altcoin holder happy.
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From the very beginning, I am not a supporter of hyped coin Ripple. To be exact, almost all coins are hyped in the market. So is ripple. Ripple is surviving only on deep pockets and hype. But I think that would not take place all the time. One day reality will come to light and ripple will go down. The only way to exist in the market is delivery.
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It is good idea to buy Binance Coin. But for me, investing in altcoins is not a wise idea at this point of time as altcoins have been continuously decreasing in price. The only way to get profit from cryptocurrency market is just invest in bitcoin. Bitcoin will never make you get in a loss. So my suggestion is to invest in bitcoin.
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Yes why not enjoying life outside of this forum? We, all have personal life and this forum is not everything. We are here to make some money and get update about cryptocurrency. In my case, I am not fully dependent on bounty campaigns. I also do other jobs. Bounty campaigns are just my part job.
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Instead of investing more funds in cryptocurrency, you can try at bounty campaigns. Now the market situation is not that much good and your additional investment may go to waste. So you can participate in bounty campaigns as a bounty hunter and get free tokens. Bounty tokens may recover your loss.
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I do not think ripple is a good choice for investment as there are many hype relating to the coin. Its value increased in the past just because of its hype. But now investors are trying to get rid of the coin. There are many good investment coins in the market. One can invest in bitcoin, buobi coin, BNB.
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The answer is simple. These coins with low volume and low price will surge if price of altcoins start surging. But those coins called shit coins will not surge just because these coins are designed just to take advantage in a short term. So for me, holding shit tokens is a bad idea. It is rather a good idea to relieve of these coins.
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time has changed for cryptocurrency. Unlike in the year of 2017, time is very difficult for startups to establish and attract investors. Investors just want to make as much as money in a short term and exit. They do not want to hold tokens for long term because of uncertainty of cryptocurrency. Even good projects go downward after hitting exchanges. So altcoins are facing difficult at this point of time.
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Obviously I would invest in bitcoin as there is no official organisation controlling the king coin. Its price goes down or up freely without any influence and control. As a result, bitcoin has dominated more than 60 percent of the entire crypto market. I believe in bitcoin and investment in it is secure and worthy of getting returns.
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I have got many tokens from bounty campaigns. But I have not got any profits from bounty campaigns. Generally bounty tokens are distributed much later. When we bounty hunters get bounty tokens, price of tokens is already dumped. So there is not any chance for bounty hunters to sell tokens above ICO price.
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I always do not tend to buy the advice to buy coins in top ranks. There are lots of coins that are undervalued and underrated in the market. Why not giving a try to buy these coins?. It is good to buy top ranked coins. But coins not included in top rank are also good enough for investment. For example, All.me coin, which is not on the list of top ranked coins, is performing well.
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I do not think bull run has kick-started at this point of time as bitcoin is taking over altcoins. So you cannot get much returns on the investment of $100. But obviously if you hold coins you can get good returns on your investment in the long run. So my advice is just to buy altcoins at cheap price and hold them for long term.
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Despite hacking, binance is becoming successful in providing quality service to its customers and in that sense, BNB will become the king of crypto exchange in the days to come. Still BNB is not picking its pace due to various reasons including failure of altcoins taking over the market. I hope BNB will become ETH of 2017 over time.
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I think bitcoin will hit $30000 or so by the end of the year of 2021 as cryptocurrency is being adopted widely across the globe. Bitcoin has still more than 60 percent of dominance in the crypto market. And it will increase over time as well. Institutional investment will also pour in over time. So I am very much optimistic about bitcoin.
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Bitcoin, ethereum and binance coin are the top most coins one should always keep in his or her portfolio. These three coins have a very bright future. Now the market has hundreds of coins. In my opinion, it is the right time to invest in the three coins as their price is low comparatively. So I want to ask those wanting to invest in cryptocurrency to invest in the three coins.
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