I think you will get rich fast using crypto when you are smart enough doing crypto trading and investing on new altcoins that has the potential to be the next top atlcoins in the nearest future. some computer technologists like programmers and developers are making their own cryptocurrency that will offer crypto services to the world and to the crypto market and some of them were developing crypto exchanges that's what they made crypto millionaires in just a minimum set of time. developers and programmers have very bright future using their skills and talents. if you can develop or make your own cryptocurrency then there's higher chance to get rich other than crypto trading.
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We never know when the dip is over. But buying NEO right now for 57$ is a great buy. So i looking to add some more later today. Other coins that i might add is WTC,OMG and ICX.
during the crypto market crisis I bought some NEO, Tron, Ripple and Oyster Pearl PRL because I know that those coins will surge up to the moon when the crypto market recovers and I am right of my decision back two months ago. I invested crypto because I am a cryptocurrency believer that this Bitcoin and Blockchain technology is the future of our money and we are very lucky on this generation that we are able to earn money and crypto while it's too early and while the world is not yet fully adapted this blockchian technology that we're using today.
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I do not know if 50k is small or big for you, but as long as you have clear beliefs and goals, I think it does not matter. Someone says if you can afford to lose money that will not change your life, bet it.
those investors had been invested underrated and undervalued altcoins are very lucky today like Oyster investors way back 2 quarters ago. If I supposedly have more funds that time I would have to invest more so that I could earn millions of dollars today. there are still promising newly listed altcoins on coinmarketcap.com but we still need to spend more time and observe which one is the best and worth to invest over the other if we only have limited fund to invest more on crypto.
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I feel that i never have enough coins. To day i just bought another batch with Icon (ICX) i am not only bullish on ICX but wish i had more of WAN,VEN,ONT,NAV,OMG and EOS.
Do you guys feel the same thirst/hunger to buy/add more fiat to the crypto world. And when is enough ?
Because of the long downtreand we have been withness to now. Do i start to be positive to what i see right now. And want to take a loan in the bank 50k to buy more of the coins that i have mantion in this thread. The plan is to make 2-3x and sell some and pay back the loan. I know this sounds crazy to most of you and i know it is.
Positive and negative comments are all welcome in this thread. Thanks
I feel always hunger to buy especially for the coins that I am sure that someday will surge in price due to it's crypto project effectiveness just like Oyster Pearl PRL. I trusted the Oyster dev team and it's management because their crypto project will be soon important and useful for internet users like saving or storing their files online through IOTA tangle and use PRL to keep your files safe. that depends on the coin but for me, I should have to invest more when Oyster PRL had went cheap and more affordable those back days but today seems too late for me because Oyster price had been increased since last week.
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of course it is the risk of an investment, but that needs to be underlined is we must have the target price we must achieve before selling ,, if after selling it turns out the price of the coin soared it is risk ,, be patient ,,
indeed, investing crypto is highly risky and most of the time panic sellers will gain nothing but holders do. in my own opinion, unless you don't need money for emergency - you better sell your coins when you do have gained high enough that losing them no matter how long you wait as crypto market doesn't stay low for a long time. investors have to wait a long time in order not to lose your capital and your investments.
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So this happened to me twice this week, first I sold Bitcoin Cash and the next day, it started booming and has not up considerably and still going strong, then I sold Golem and boom it goes too.
What do you do in such situations? When you finally sell for a small profit after a long wait but then you realize that you missed on big profit with you bad timing. How do you deal with this? Any tips to minimize this or overcome after such bad timing decisions?
that is why I don't sell my coins unless I had gained profits. that's one of the worst crypto enthusiast nightmare because buying coins at high price and selling them on their lows isn't a clever decision otherwise you can't be pained if you already get high profits while the increase continued after you sell them. that feels better than losing your capital and earn nothing.
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Here are some suggestions : ETH, Ripple, Bitcoin cash and Litecoin. None of these coins will be in negative if you hold for 3 months or more. If you diversify i all of these , you will be safe as well.
I would have to agree that top altcoins are few of the best coins to invest this time as Bitcoin and Crypto Market has been surging and recovering from the major crypto crisis that we experienced since 3rd week of January this year. investing Ethereum, NEO, Ripple, Cardano, Tron, Stellar and other promising top altcoins in coinmarketcap.com will offer higher profits and rewards than new listed altcoins.
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I am a full supporter of Oyster Pearl PRL so I could say, investing PRL this time still worth it because soon they will launch their main net to store files online through IOTA Tangle so therefore, PRL is one of the most underrated and most undervalued altcoin company today but in behalf of the team and the supporters, it will rise soon and surge the price to the moon in the next few weeks or months. Oyster Pearl PRL and Shell SHL are both worth to invest this time while the price were cheap and affordable.
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I don't see any problem, you can hold you altcoins in your wallet for years. It would be safe, if you hold more established altcoins, as there are many shitcoins, if hold them then they may fail in future. But the better strategy is to sell your coins when they are pumping hard and buy again when they crash.
sometimes it depends on a situation. some people had lost their private keys or crypto wallet accounts so those coins will be gone forever until they could retrieve their accounts. but most of the crypto enthusiasts, they prefer selling especially bounty hunters because most of the bounty hunters like me have no professional job career.
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•What if I dont have any money ? And I decided to hold my altcoin at my wallet. •Will the value remain?
For example
I got a Klarity token and I got no gas so I will leave it there for a year or two.
•Any chances of value getting higher? Or it will die to years later?
Of course, as you wish! everyone could hold coins and tokens as long as they desire as some of the crypto investors are investing cryptocurrencies and choose to hold them as long-term investments and some crypto investors are investing long time ago like 3 years ago around 2014-2015 that until today they still didn't open their wallets even though they're even earning higher rewards and earnings. I am holding my altcoins for almost a year but this month I choose to sell some of my coins to cover some of my expenses.
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Patience is the key for long term holding. During the days, many around are becoming a temptations. Especially when you needed cash for something important and in cases of Emergency. Our flesh is also longing for something we crave. Our senses detects the things we want and our real world money cannot provide it. But if you have patience and a lot more another patience, your craving will all be satisfied once you harvest what you planted.
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Community is as important as the development team and the project. Imagine this, a bad project can become successful if the community is strong and firm. Let's face it, many do not actually care about how good or bad the project is, just as long as they are earning and profiting from it, it's a go.
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My plan is to learn from my mistakes. I have been holding my tokens maybe a little bit of too much. And I end up holding them Because I let the opportunity pass by me and now the price is dropping. But that experience won't put me down, I will still Continue to hold and planned take half of my assets when it hits my target regardless wether it will still go higher or no.
And my actual plan is to make my childhood dream come true, build a beautiful house for my family if possible before the wedding. Take my mother to places she have never been before while she can. Life is too short, we must enjoy it while we can. That is the best ways for to spent all my money with, quality time with family. Crypto world is quiet stressful we need to freshen up for a while.
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My plan is to learn from my mistakes. I have been holding my tokens maybe a little bit of too much. And I end up holding them Because I let the opportunity pass by me and now the price is dropping. But that experience won't put me down, I will still Continue to hold and planned take half of my assets when it hits my target regardless wether it will still go higher or no.
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I could get image holding that long knowing it has not made any drastic changes. You should have dump them after a year of unworthy trust. Holding bullshit if the coins are not shit. The wiser way of choosing coins plus perfect timing is the key to success. I love holding, it is less stressful than daytime trading.
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this year most of the crypto social networking and communities are using Telegram and nothing more because Telegram Channel is one of the most effective way that ICO Community staffs, admins, moderators, investors, supporters and other kinds of channel members are having conversations and discussions on related and non-related about ICOs and Crypto projects. It is the ecosystem and community where everyone will earn ideas, answers and responses straight from the concerned and authorized in order to keep the crypto system project into a solid community. social community is one of the most effective way to check whether the ICO or crypto project is legitimate or scam.
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Don't believe everything that you see on social media. That will be the best option in order for you to avoid scams. Try to check their main website if this is really legit. usually, if the project really is legit they posted the contest in the ann thread on the forum and in their own website. if not, I think this is certainly a scam.
indeed, I assume that giving away Ethereum or certain amount of coins isn't that always free and real because most of the time crypto projects will be conducting bounty campaigns in order to effectively promote their Crypto projects than just giving away tokens and coins through social media. that's doesn't right. Airdrops aren't that good to participate as well because most of them are scams and bogus.
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it depends on the giveaway platform. there are some crypto projects that are giving away certain coins like Ethereum to their participants for doing whatever the required time, efforts and contributions. it could be advertising, or pre investments, referrals and other requirements that will trigger on their Crypto company to attract more investors and supporters like bounty campaigns. But I think it's too good to be true but depends on the platforms.
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Some ICO projects has specialities in their business, such as in Medical, advertising, automotive, exchange, AI, games and many else. Do this affect you in investing? How much it will affect to you?: (influential / fair / no effect)
If from my opinion it is influential, If the project is in accordance with my interest, at least I can estimate the benefits of what was born by the products provided by developer.
I want to hear, what is your opinion?
I rely more on ICOs which are based on real things (realty, hardware. cars etc.) or have at least a MVP. I'm not dig fan of virual products (games, software et.). So, Yes, specialities in projects' businesses are influential for me. An interesting point of view, I feel that is because more secure. But some facts, something virtual can be more profitable, any suggestions and other opinions? I had noticed that most of the altcoins that has no working products are their market worth values are declining together with Bitcoin. I really don't want to invest on altcoins that has no working projects because I only get less chance of earning profits higher or lower but instead invest on altcoins that has promising projects even though they're on their development like Oyster Pearl PRL. Oyster allows your file stored on IOTA tangle and only pay PRL per year for a set of storage capacity.
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Some ICO projects has specialities in their business, such as in Medical, advertising, automotive, exchange, AI, games and many else. Do this affect you in investing? How much it will affect to you?: (influential / fair / no effect)
If from my opinion it is influential, If the project is in accordance with my interest, at least I can estimate the benefits of what was born by the products provided by developer.
I want to hear, what is your opinion?
Most ICOs are bearing crypto projects and they are using the funds of the ICO sale in order for them to develop their projects but the problem is their investors aren't having strong and solid guarantee that they are getting higher profits and return of investments. that is why the crypto project is the most effective tool to set it's price value or market worth. there are some altcoins that has working projects that's why even the Bitcoin drops, still they retain or preserve their market value. Crypto projects is the only tool to not to drop it's market worth.
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