With the price of bitcoin continuously going down, do you think that altcoins could be better right now than bitcoins? I trust that bitcoin prices will still rise perhaps next year, but with the price still going down, maybe altcoins have a better chance. What do you guys think?
Altcoins are in a way better than bitcoins in terms of variety in projects. Tron, Stellar, Paragon are few examples of such altcoins that will yield more than btc in future.
|
|
|
Just wondering if ya'll have a typical formula you go by or a certain X percentage profit or loss.
I've been playing around with coins for just under a month now. $23750 total investment and currently up just under 10k in profit. One of the coins (IOTA) has gone up about 288%. Obviously it would suck if it crashed but it would equally suck to sell if it continues to grow.
Just wondering what a lot of you folks do. I'm considering investing another 25 or 50k into coins. Ideally I'd like to net 15k a month off them but I know that may not be realistic on a monthly basis.
Buy low, sell high. Follow this not just in crypto trading but in stock trading as well. Buy at $1 sell at $10000 for example. I have PRG on my portfolio and it's higher than what i bought it at, i know i'm going in the right direction.
|
|
|
as we know that there are too many coins in circulation. What do you think of choosing a good coin to be used as an investment?
To choose a good coin, analyse the coin's performance based on its value, volume, ranking and whitepaper. XRP and PRG are great examples. Have a look at their record and how widely acceptable they are, it shows their value in between other hundreds of coins.
|
|
|
Hey guys, what do you prefer, hold till the end or trading? I know that people who are holding are actually saving crypto from total fall. But is it profitable to hold?
Holding till the end or trading definitely depends on the tokens you possess. It's better to trade btc right now but may be beneficial to hold other tokens that may have promising long term projects. So it may vary from situation to situation.
|
|
|
Yes patience is the key but not just patience hard work, consistency and focus is what one needs to get through this also one has to be well informed that keeps you equipped thanks
Patience is definitely the key. Buy low, sell high. Once you've bought, hodl and watch the game. Then sell when you're about to be a billionaire.
|
|
|
Three years later, what will be the mainstream cryptocurrency and market conditions?BTCBTCBTC
In three years, cryptocurrency shall be at its best. Coins like Paragon, Cardano and Stellar are great for investments and profitability.
|
|
|
I want to know how you relate the risks to profits? What is the determining factor for you to sell or buy coins? How many of you are trading short-term?
Well it is not very difficult to manage risks as it is a good possibility that coins like Paragon, Stellar and Cardano can go very high. I believe they have the potential to go very high.
|
|
|
Do you think that any altcoin is worth investing in? Please give me your ideas. Thank you..
Altcoins are really good to invest in. They are great in performance and profitability. Coins like Paragon, Cardano and Stellar are going great right now.
|
|
|
Hi, good day guys! Newbie here so I'm asking you to help me with my long term investment. Aside from bitcoin, where should I invest my money and Why?
Apart from bitcoin, I believe that we can invest in coins like Paragon, Cardano and Stellar are best to invest in. I can always invest in them because their profitability and earnings are great.
|
|
|
I still hold my altcoin and i plan to my all coin holding for longer time beacuse altcoin give a bright future alt coin low now so i plan buy the coins.
Well for me, the plan is simple: Ripple Paragon Power ledger These are my current choices and are expected to rise pretty soon, so, I am holding them right now and will see what happens in the future.
|
|
|
Hey guys. Today I want to discuss the theme related to work. Do you have a full time job and crypto is just an additional way to earn money? Or you are working with crypto everyday and It takes all your time. If so how much do you earn per month? Interesting to learn more about crypto investors.
Crypto is really great medium to store coins and use your earnings profitably. If you go for coins like Paragon, Cardano and Stellar you will see what a good coin is and how its projects are.
|
|
|
Please I want to invest in some coin but it seems that the market are red which coin should I buy now
The coins you need to invest in are: Paragon Power ledger Ripple They are good in worth and performance. The projects are excellent in terms of earnings.
|
|
|
Hi. I have a question for you.Some ones do Day Trading,Some ones do short term holding,Some ones do long term holding,Some ones invest in ICOs and some ones do bounty and Airdrops.But what is the good and easy way to earn with altcoins.?What is your suggestions?
The best way to earn altcoins is investing in the best coins. Coins like Paragon, Stellar and Cardano are excellent for holding. They shall rise very soon. Keep storing them.
|
|
|
Scams everywhere now. Greedy ICOS that for some reason need 20 million dollars for a small project, Ridiculous. Greed everywhere, thousands of coins that serve no purpose. This is so far removed from satoshi's vision. Premine bullshit scams like onion. Projects that have no reason to be on a fucking blockchain except to cash in money on the hype. We need another fucking crash to clear out these shitcoins and scams, and you greedy mfer ICO devs are the cause of this bullshit.
Crypto has certainly not gone to shit. There are coins like PRG, ADA and NEO and they shall go very high in some time. These coins have an excellent performance and will go very high. It is assured.
|
|
|
There are more than 1000 altcoins in the market. What do you think for the most stable altcoins?
I think these coins are the most stable and the potentials price and these coins are the very profitable for investment for the long term:- eos, dash, neo, eos,iota
|
|
|
How long should we hold coins? In the past 3 weeks, despite all the risks, many investors have hold a large number of coins such as TRX, XVG, XRP, ADA, etc. ranging from good to bad coins including DGB, DOGE.
Getting back a little bit with the psychology of human beings: we are always afraid but very pleasure when others talk about profit. When some coin prices are falling, you only see the negative things in it: "It will surely keep falling, so it’s better to stay away". When it turns back up: "It will plunge again sooner or later?" But when it's high up then: "It will no longer fall".
As an investor, you will have to understand a coin before investing money in it. You should evaluate and consider everything before making the decision to buy and hold for a long term (for 6 months to 1 year , or at least 3 months for the most impatient investors). Because one cycle of increase / decrease of a coin usually lasts for 2 months, understanding coin will give you confidence, psychological preparedness before facing the falling prices
The criteria to assess a coin: 1. General information about that coin 2. The purpose of generating the coin 3. The dev team (do more or say much)? 4. What is the current product? In what stage? 5. Are there existing customers? Potential customers? 6. Vision of future coin? Is it realistic or just expressed in words? 7. Scalability? Can it be accepted by the public? Is it possible to apply to everyday life?
I spend little time tracking the prices. Most of the time is spent on reading news, evaluating coins to make investment decisions. I also spend only 10-15 minutes on technical analysis (It’s not because I view it as unimportant, I’m just get used to it). As a result, I have bought a lot of coin at a very good price. I bought when you were there saying: how can it increase again. I left you far behind, at present, it is greatly safe for all my investments because my investment value has increased by several to tens of times.
You can say whatever in case of rising price, even when you invest in shitcoin. However, when the price falls this low, my balance seems to keep stable thanks to my calculation and comprehensive knowledge about coins. Once investing in a coin, I strongly believe in its future. I choose the right time to buy more coins without any fear of risk!
So how long to hold coins? The answer is that you go learn more thoroughly and comprehensively about the coins you want to invest in and make your decisions.
This is the greatest moment to buy the EOS, RIPPLE, NEO. I think these coins are the good worth in this month. I hope if you invest the some money in these coins it's will bring you a big profit.
|
|
|
Too many coins out there, If you have 10 Bitcoin to invest in altcoins, what will be your split? I would consider these coins:- LTC RIPPLE ETH WAVES These coins are the very stable price and the potential at this moment.
|
|
|
There is no single best option available for everyone. One size doesn’t fit all and when it comes to cryptocurrency wallet, it’s important to consider the following variables:
· Which cryptocurrencies do you trade? Bitcoin or altcoins? How diversified is your portfolio?
· Are you a short-term or a long-term trader?
· How secure are your trading tools and devices and what is the security record of your considered wallet?
· What are the wallets associated costs?
· Is the wallet UI intuitive and user-friendly?
· How mobile and accessible is your wallet? Is it difficult to keep and easy to lose?
· Does it allow you to make quick purchases or sell-offs whenever needed? What is its latency?
Here are some popular wallets that are considered to be safe and reliable in different situations.
Single currency wallets. As a rule of thumb, going for an official currency’s wallet is always a good option. Here are the official wallets of major cryptocurrencies:
Bitcoin: Bitcoin Core Wallet, Mycelium or Electrum.
Ethereum: Ethereum Wallet or MyEtherWallet (Paper Wallet).
Litecoin: Litecoin-QT.
Dash: Dash Core.
NEO: Neon Wallet, NEO-CLI, NEO-GUI.
Most of the time, official wallets are easy to find on the company’s website.
Multicurrency wallets (software). Here are some of the popular multicurrency online purses.
Jaxx Wallet. An optimal crypto wallet software that offers both mobile and desktop applications. Use it to store your Bitcoin, Bitcoin Cash Ethereum, Ethereum Classic, Litecoin, Dash, Zcash and dozens of other cryptocurrencies.
Coinomi. Coinomi supports 64 cryptocurrencies and is one of the best mobile wallets on the market. The only downside is that at the moment it currently works with Android only.
Exodus. Exodus is a solid desktop wallet which lets you store Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, OmiseGo, Qtum, Dash, Bat, Aragorn and many other coins.
Fast Invest Wallet. Fast Invest is a quickly-growing European P2P loan operator established in 2012. Currently, the company is moving into P2P crypto loans and crypto trading markets and will launch a solid multicurrency crypto wallet for Bitcoin, Ethereum, Ripple and Fast Invest token (FIT) holdings. The wallet is set to start on December 4th together with Fast Invest ICO.
Hardware wallets. Although more expensive, hardware wallets are considered to be one of the safest options for crypto investors.
KeepKey. Supports Bitcoin, Ehtereum and majority of other altcoins.
Ledger Blue. Supports Bitcoin, Ethereum and majority of other altcoins.
Trezor. Supports Bitcoin, Litecoin, DASH, Zcash, Bitcoin Cash, Ethereum, Ethereum Classic and other ERC-20 Tokens.
Digital Bitbox. Supports Bitcoin, Ethereum, Ethereum Classic and other ERC-20 tokens.
Cloud wallets. Although we stressed that online wallets can be dangerous, storing your coins on Coinbase and GDAX are safer than others. Coins in these exchanges are insured, thus providing a guarantee that you will be compensated even if the company is hacked.
A digital wallet may be the most important investment decision. Therefore, it’s worth to invest time and effort into choosing the right one. Although hardware wallets may seem expensive at first, at the moment, they offer the most complete cryptocurrency storage option, combining both safety and functionality. Nevertheless, there are some decent hot wallets as well. The final decision is always yours and you should stick with the wallet which lets you get a sweet good night’s sleep.
I used the MEW wallet. It is easy to use. It is a very strong security and the platform. I think this wallet is best suitable to for the long term
|
|
|
Hello, Im new to the Crypto world and wanted to hear some advice from the pro's on where to start. i havnt purchased any coins yet, but i have been using coinpot and various faucets. I was wondering if i should keep going with this or is it a waste of my time. Also they say theres no fee for converting coins, but i dont get the same conversion rate as i do on the coinmarketcap calculator. Basically id like to hear from the professionals maybe a strategy for really small trades, or that this is a waste of time and buy some coins with my hard earned money and go from there lol. and if thats the case, where to go. im in Canada by the way, if that helps. Thanks for any help you can offer me. I hope to get more active in the forums and meet great/smart people along the way Matt Just make sure that you have chosen the best coins. The coins like Paragon, Cardano and Ripple are good for you to invest in so keep up with it.
|
|
|
Hi guys. I am in the world of crypto-currency for about a year, actively began to develop in this area a month ago. Blockchain and cryptocurrecy I was dragged out and I'm now very interested in learning something new. I want to hear your opinions. What place does crypto have in your life? I think cryptocurrecy have a very bright future. Because at this moment the most altcoins have a stable price and the most have a high volume demand.
|
|
|
|