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In my opinion, diversification of the funds is a good idea on the cryptocurrency market and I am using it as well, but currently it might be better to hold only Bitcoin and stablecoins as they are the strongest coins during the current market conditions.
Of course it is a great idea. No matter how confident you are in a project, everything can fall apart due to a bad actor. Look at how faketoshi destroyed both BTC and BCH in terms of price. You can never be 100% sure of a project success, unless you're personally involved. |
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What valuable lesson(s) have you learnt from the crypto space in 2018 and how is it going to shape your involvement in the space going forward? Looking forward to your responses, hoping one or two persons learn a thing or two from them.
1. Buy low, sell high. 2. Cost average isn't only for bear markets, the one thing I did right was that I SOLD crypto every month of the bubble, going upwards. Regretted during the bubble, loving the decision now. 3. The average crypto investor is insanely emotional and immature. If you're not one of them - you have no excuse for not making money in this market. |
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We see a lot of air junk altcoins being pumped high, occupying the top 20 ,such as xrp, xem, iota, str, trx, ltc,
neo,doge
If they don't die, will the bull market not come?
If yes, when will it die?
I don’t think the new money will invest in these junk coins.
What will happen to the future altcoin?
XRP is very likely to be pushed by banks. I don't like it either but I think there's a reason for its price. Same with XEM. In fact I think it's overvalued. The rest of them are complete garbage. LTC is already dying, IOTA already normalized in price, it's gonna get back to normal, we're already getting there. |
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There are a lot of theories what would happen to the crypto currencies market in the upcoming months, but I believe that we will bounce back to the prices of the last December and we will even reach even higher prices.
And who do you think is going to be buying at those prices if they aren't even willing to buy sub $4000 BTC? Not gonna be the same fools, we need new ones and I don't see where we're getting them from this time. |
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Cardano is a good project, but I don't think it can replace ETH. ETH is has more utility, more DApps, solid and experienced team on the verge of making ETH more faster thus more scalable.
Cardano is an interesting science project that no-one is going to use. Not a match for Ethereum at all. People don't like functional programming irl, but academics don't acknowledge that fact. |
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It varies from country to country, but US citizens will have to pay tax on every individual trade. So they might sell in January to cover that.
Most EU countries don't have this problem. Germans are tax free if they HODL, most other countries only tax whatever you withdraw
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 This is one of the most beautiful cartoons I've ever seen. Very well explained indeed. Everybody wants to have a bitcoin. Someone wants to buy bitcoin. But nobody wants to use it. That's a big problem. We need to use this. We need to use it. What do you think about this? Well in 2014 there was an entire mall in Berlin where everyone excepted BTC. An entire street in Amsterdam, too. There used to be bitcoin-accepting cafes in every euro capital, and it was great for business because crypto meetups were held there and people were eager to use it. Then came the 1MB limit, and the market got packed with speculators who don't care about the currency. They basically deserve to lose all their money anyway. |
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Because when new bull run will arrive there will be new shitcoins and your shitcoins will end dead or delisted from exchanges which can lead to 100% loss.History is always repeating. 5,5 years old chart:  Surprisingly some coins from this chart are up from then but volume on exchanges is low,so holders of these coins are truly bagholders. The subtle difference is that 2019-2016 all the altcoins were dumb copy+paste shitcoins and Bitcoin was king. Since 2017 bitcoin is the shitcoin and the rest of the top 20 are objectively better. Some coins like Waves and Steem outside of top 20 are also better. This time some alts are here to stay. |
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Which perks and features should one look for in a wallet?
Thanks in advance
You might need to tell us which crypto you need a wallet for. Ledger usually covers everything (except monero) - and it's a safe hardware wallet. If you have more than $500 in crypto it's usually worth the investment. Otherwise I use bitcoin.com wallet on my phone and MEW for some quick transactions. |
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SEC responsables have said that with almost 100% certain ETF will not be approved on February. it can take years for that to succed.
This market is going to die. Money cannot stay in a place where you only lose. That's why everybody is leaving at huge speeds.
For me, this is the end of crypto-market (not crypto-technology). There are a huge amount of reasons why i say this. But i don't want to say them for the 100th in a row because noone wants to hear.
But price falls are not a money-loss guarantee. If you're so certain that prices will drop, shorting BTC with 5x leverage would be the easiest money you've never made. But it does tell you something about the utility of a currency if everyone using it is only speculating. |
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Well, we obviously need an influx of fresh money, so let's consider what could bring it.
ETF-s are a big deal, but institutions can also short BTC, not just long it.
Fundamentals aren't going anywhere. Altcoins are not popular - maybe some popular altcoin can bring us the next bull - but it will have to be spectacular and I'm seeing nothing spectacular so far ...
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Crypto currency now is quite in the correction state and i think there is need to get of cuurrencies and go into tech (technology).
Investment should be made only when they are Companies that have platforms and protocols, companies with new ways to utilize blockchain in various sectors
Then the biggest gainers, outside the hype world we are now, ill be those on the block chain in which the future is built.
Just my thoughts, but i think its the best way out to invest
Coins that rely on fundamentals don't really moon since fundamentals can't give you billion dollar valuations. They don't drop as quickly either, but why accept a drop in the first place. It's better to hoard USD and wait for a good entry point during capitulation stages. |
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Looks like a joke. I know that plenty of jokes have mooned in cryptocurrency, but nowadays there's only space for one doge.  |
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In just 48 hours, the price of Bitcoin climbed from $3,100 to $3,500 not bad if you bought during the dip at $3,100 but I hope the momentum will not stop and continue to climb as Holiday season is getting near, some hodlers will start dumping to buy gifts or maybe use the money to spend for the holidays.
It's going to ping-pong between $3k and $4k for at least a few months. If we don't break $5k until february, bakkt, etc - expect massive selloffs. |
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I am sure that first of all the blockchain technology must be taken in medicine
Most humane for sure. It's an unique place where data NEEDS to be shared at specific moments, yet needs to be hidden in all others. It's fascinating how elegant a blockchain solution can be there |
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I never had a payout since July 2018. There are a lot of scam ICO's and I just happened to join their bounty, how unlucky. I even worked for 3 months and received nothing on bounties. I've been thinking on different ways to earn but signature is the most painful if it ended up being a scam because it takes a lot of months before it finished and takes months before distribution. 2018 is not really good for bounties. Maybe things will be better next year.
I see you're still participating in signature bounties though. Glad you haven't given up. I think there's money to be made |
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If you're not prepared for no bull run this year, next year, and the year after that, you're unlikely to profit from crypto
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Adoption requires stable prices, not necessarily high prices.
But with high volumes, high prices are also more stable.
It's a chicken-egg combination
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People want to earn money to fulfill their goals. Cryptocurrencies are best suited for this. It is a pity that many do not have enough patience for this.
Not just patience but overall emotional stability. Patience stops being a factor in bull markets, the ability to control your greed becomes more important then. Most people suck at both. But that's how the rest of us make profit |
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I think. currently the market has not recovered because I see crypto prices in the market are still low and there is no sign of recovering this year, maybe I hope next year the market will really recover
Basically this. Some coins were way oversold so we corrected upwards. But I doubt this will persist. |
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