What can be the best advice for a newbie due to the present market status on learning or investing?
Well, basically all need a process. There are no rich people all of a sudden, if you want to invest in crypto, you must really have knowledge about crypto and the system in it. Because this is a little different from investing in gold and land. |
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Well, I see the news that many large companies adopt blockchain systems and use cryptocurrencies as payment media. I think this is a good technological advancement. And then I'm sure in 2020 it will be better for cryptocurrencies. And for crypto holders will benefit.
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Should i invest certain amount on TRX and Cardano ?
just need opinion.
I know, these two Altcoins have potential. But I prefer Cardano (ADA) to be used as an investment. Because I like Cardano, so I also invested a little of my money in Altcoin. |
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Many projects do not achieve hardcap in selling their tokens, this is because investors are more careful in choosing ICO projects. We see events in the field, there are several ICOs that end in fraud. fraud projects will make a loss to them as investors.
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Some people think this is the lowest price of Bitcoin, so they are interested in buying it. But we must be careful of price fluctuations, because Bitcoin prices are difficult to predict. This can be suddenly lower than what you think.
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I think altcoins will survive if they really have a team that continues to work to develop their coins. So I can conclude, Altcoin that has a solid team will continue to survive at a stable price.
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This is my experience. I once saved my coins in exchange. and then my coins disappear without me knowing. Until now I have never kept my coins in exchange because I think it's too risky.
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I think this is the right time for getting a good profit in the future. I want to give to advise that it is a chance for the investor, now buy bitcoin and hold for some time and you know what to do you can sale your bitcoin when the price is high.
Actually, I am more amenable to holding Bitcoin in a short period of time. So, when prices start to look up, we must try to sell them. This may be the right strategy than we hold Bitcoin too long. |
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Yesterday I only saw ETH for $ 167. But ETH today increased 17% and increased to $ 203. What can this tell us about ETH?
I am very excited about the price increase of ETH
I'm also happy to see this increase. We should wait for further developments from the ETH because this is only a slight increase from the ETH. And if you want to buy, do it now. |
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I don't know about it. As far as I know, I know that countries open to cryptocurrencies are Japan and Russia! And some merchants in Japan use cryptocurrency as a way to pay wages!
As we all know, Japan and Russia are developing countries, and I know they have received cryptocurrency as a payment method. But besides that, China has banned the use of Bitcoin in trade. People's Bank of China Deputy Governor Pan Gongsheng said that the government would continue to put pressure on the trading of cryptocurrencies and prevent increasing risks in the market. |
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They understand the benefits of cryptocurrencies, so they utilize this as a storage of their assets for the future. They should have issued a decision to accept crypto as a legal currency. So, I think there's no secret anymore.
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My prediction about the decline in the market, many people panic with this condition which resulted in selling all their crypto assets. As we know if supply is higher, this makes less demand and prices fall. At the moment I hope that demand will increase by the end of the year.
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In fact, the price of Ethereum that fell really out of my prediction. So, I will first look at the future news about Ethereum, because I am a little scared if I have to invest in Ethereum, which is increasingly falling.
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dont panic. now is the right time to buy in, and HODL.
Currently, I am trying to do nothing with the cryptocurrencies in my portfolio. I have been just watching what is going on the market waiting for the cryptos stabilization. good decision,buying or crypto in current condition could make us loss some of our money.waiting untill good news come to market is wise choice to us.personally i am prefer to loss opportunitu rather than my money. lossing our money in current condition could make our psychology are underpressure.and maybe in future we could be worry to re invest our money into cryptocurrency market. Some people say the end of the year good news will come from cryptocurrencies. For now, I still don't believe the news from some people. And waiting for good news is the most appropriate step than holding a coin. I also don't want to lose my money. |
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Do you have a preference for collecting tokens instead of selling them?
Currently in my wallet there are more than 200 tokens with different values and I do not sell them every time it is listed. I keep them and watch them every day. I was fascinated by the fact that there were many tokens in my wallet and not paying attention to their price.
Do you think this is a crazy hobby?
This sounds weird to my ears. Do you really never see the price of the tokens you have? Maybe you collect tokens from an Airdrop campaign, I suggest to immediately check the tokens you have. |
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Yes, this is true, if we think ahead we will continue to feel optimistic and confident about the future. The past is only to see experience. Because in my opinion, the past is very important to be seen again. Successful investors will make the past a lesson for the future.
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When will the youtube and other websites start to pay us with bitcoin?
This is very good, there are significant advantages if online payments like youtube and websites use Bitcoin. The more Bitcoin users, the more the price will increase. This is because the demand is increasing. |
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In the current dip situation, I want to put engage some of my savings into alt coins.
Never do it like that, it's too dangerous for your life. Your savings must be for your future, not for cryptocurrency. Please consider again to do that. Although cryptocurrencies are proven to provide benefits, there are some risks that must be taken into account. Save some of your savings for the future, and invest a portion of it in an altcoin that really has the potential in the future. So, you have assets for your future by investing in altcoins. |
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Ethereum is a potential altcoin. If I have 3 ETH, I will hold it until the ETH price has a high value. I think this is the right way for this condition because I know now that ETH is down.
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Panic will only make us sell at low prices, and this is a loss in trading.
Actually, I will use this moment to buy and I will hold it until the price rises again. Because I'm sure, prices will go up later in the year.
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