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BE PREPARED FOR THE WORST: In this bear market,I have learnt that the worst could happen,so we should always prepare for the worst.Many have lost up to 80% of their portfolio to this bear market because they are not expecting the worst to happen,unfortunately,they are caught up in it.If they had prepare for the worst,they could have done something about their portfolio at the beginning of the bear market.
DECISION BASED ON PAST EXPERIENCE MAY NEVER BE THE RIGHT ONE:It may be risky to base your decision on assumption.At the beginning of this bear market,there was a lot of assumption,many so sure that before we close our eyes and open,bull run will be here.Nobody ever expect the bear market to be this long,so, many decision made base on this assumptions as lead to frustration today.
In crypto,today you are up and tomorrow you are down.
To those caught up in it,you can only hope for the best,don’t give up.
You don’t make decisions based on the experience you had in the past, things are going to be quite different. So what you need to do is make proper research before you invest any money and talk about hodling. Some people are making mistake and have been seeing a lot of them making the worst predictions and it never works, and I know they are just saying it based on the experience they had before but it all doesn’t work like that. |
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Too fast and short XRP reclaims its position from Ethereum. I am still hesitant to invest now, the market is still not good. More often red and no significant changes. How do you respond to this? Will you still survive to buy several altcoins? Thank you in advance.
I know some people will be saying that position doesn’t matter. You can only say that in the case of Ethereum and Ripple, but as for the crypto market in general, position matters a lot, cause it shows how coins are performing. Ethereum and Ripple are the two biggest altcoins now. I’m not surprised they are competing for positions, Ripple has been strong from the start, but let’s see what happens after the ETH hard fork if things are going to change. |
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if every country already has its own cryptocurrency, it is certain that the development of cryptocurrency will be better and that many will use cryptocurrency for sure the price of cryptocurrency will be very expensive.
With this step the governments will involve in the crypto community and as they have all the resources for the success and development of a technology so they will really give a bigger success to the blockchain technology. It will also increase the marketcap of all the coins. |
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To call ico and ethereum death is very exaggerated in my view. Ethereum is still producing blocks and transacting transactions. Icos still exists, even if there are only a few. That is why i would not call both dead.
It's normal in cryptocurrency people will make a exaggerated news to distract or create FUD on readers mind. If you know the volatility of cryptocurrency and the competition then this all about prices drama to attract more money on their pocket. Actually this year we only saw a dump period which made many people to disappoint who are not well aware with the crypto market. Especially those people escaped away who came in this field in the previous year. The long term users of crypto are still in here and they have full faith on crypto. |
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It's better to be patient and wait until the market drops again. Today the crypto market is increasing. You should be able to do research before you decide to buy the coins you want. In red conditions, it would be better to invest.
Now the market shows like a better time is coming ahead and if it continue to happen then we do not need to wait because right now we can buy with lower price and in the future when the price increase then it will give a good income to us. |
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Who will now enter the market at such delicious prices will be able to earn very well! A lot of positive news that digital money can take a considerable part in the world of Finance
Entering the market in this time is the same as the early investors who have got a high profit in the previous year. We have to invest as much money as possible for a brighter future. It is sure that a time will also come on us which the early investors saw. |
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This is a very interesting topic for discussion. I think that small merchants at the initial stage can attract customers to themselves by the fact that, unlike other stores, they can pay in cryptocurrency. As is well known, additional concessions to the client often play a positive role in trading. In addition, the audience of cryptocurrency holders is constantly growing. First, it can be in the form of an experiment, and then as one of the methods of payment. If this experience becomes successful with small sellers, then at first other small sellers will begin to enter payment for cryptocurrencies, so as not to yield to competitors, then medium, and then large ones.
It will not only benefit the small shops but it will also give confident to the crypto community as when they will see their coins being used by the merchants then they will start to take more interest in their coins and will stay with their coins to support more. |
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All coins will follow Bitcoin, and Ethereum will be able to restore prices in the future, but it will take three years to complete. This is a long process and investors need to wait patiently.
I think you are predicting for a much longer time while according to my views we will not need to wait for that much longer. As in the coming month we will see a huge recovery of the market and in that it is obvious that ethereum will recover. |
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HODL is the best option now for all my altcoins. I will keep Hodling till the bearish market is over. Everyone was thinking that bull run will start toward the end of the year, instead, there is a consistent reduction in price. Let keep hodling next year will get better for everyone.
I want to know what you feel, is there still hope for the remaining 18 days before the year end?
I don’t think there is any hope for the next remaining days of December 2018. The year will end without any bull run. I already knew what was coming cause I never expected the bull run to repeat itself twice in a roll. It just happened in 2017 and you shouldn’t be expecting another one in 2018, I wouldn’t also be surprised if it’s not 2019, but let’s hope that it happens. You were wrong as we can see the price of Bitcoin going to a good position which is already predicted by many expert speculators in their interviews and they also said that a time will come in the coming weeks which will make the price of Bitcoin to reach to $25000. |
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It is best to start your investment in Bitcoin and top coins to reduce risk. Other less known small coins can go out of business in a bad bear market like this or may not recover back to highs.
I think that the correction of the cryptocurrency market is taking place today. And most projects that do not have a final product or are not interested in society in their idea will leave the cryptocurrency market. It looks like many of the projects will leave their projects and the developers looks inactive for their project but I think it is because of the current market that is why they do not come online and want to start listing and other work after the market come in bull condition. Many of them work offline only for the product. |
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Some Interesting stuff going across the Crypto market, BTC is slowly recovering and there is a good change so far in the market, I guess we are nearing to the bull run. Are the happy days are on the way?
Yes it is a great news for all of us. This time we will be more happy as it will now grow continuously. I think the Xmas is going to bring more happiness as we are getting return from our investment and we will be ready for a full celebration this year. |
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Well that's just how society is, people tend to only care about themselves and doesn't mind what happens to their surroundings but for me it is the smart way to live minding your own business. But sometimes there are people who helps even though they dont have the intelligence or the money. I like those kind of idiots.
Exactly. That is what I think about this. The social marginal cost curve is above the private marginal benefit which means that there is individualism rather than a holistic profit scenario. So it is like a zero sum game. |
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Nobody really know the best time to invest in an ICO and if an ICO is going to be successful or not. There is bigger risk on investing in ICO than on current coins. But some pretend that they are still profitable.
The best ICO let alone the best time. It is not easy for all out there to find a best ICO and go for the venture. Rather, many among the tourists have lost big values in the ICO and no regret over their decisions. |
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Hi friends I have regret that i entered into trading too late if my head had known this trading field before only i could have started early only , and now i would be making profits by now , but now i am learning still because i started too late
Now i see many people start trading at very less age only if i see them i regret that why at that age i didn't start trading
Do you have regret like this ?
It's not too late bro because trading is always there anytime you can do it. So I think you don't need to regret anything because not all are perfect. Now that market is bearish grab the opportunity to trade. in trading our moment didnt decided when we enter to market.but most important was in which place we put our buy order.although bitcoin and altcoin price , it could be worst place and time too.so dont ever regret why we late come to market. Well according to Tim Draper, one can enter anytime into the market and there is no bad time to start with. The own intuition says that enter into the market when the price is low so your cost of investment will be low. |
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USD is the world currency and that's why it is used. It would be tedious and expensive to have markets in many different currencies.
As for transferring money around, paypal is one of the best options when using just one currency. I personally have used previous and still use a service called transferwise to save money on fees when converting funds from one currency to another.
Well if the transactions happen in the same currency, it will be much better than actually making it in multiple currencies which further involve the conversion of one currency to another and so on which makes chaos. |
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I wonder how much time has to pass to introduce this idea to real life.
Tens years, my friend. However, IF even it happens, people will return soon to use traditional money as well. Simply cash is very convenient, and no Internet connection is required. Well I would say that It can be possible only when the demand for fiat diminishes by the common man and that will happen only when the crypto reaches everyone which has not been able to happen so far. So I doubt it would even happen in the decades to come. |
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The crypto market still declining and I can not see any bullish sign that the market will reverse. My opinion is that the market will be rise by next year as there is no positive news in the crypto market.
yep, i agree with you, this years the bull will not come thats why i believe next years is the right time,, i think a lot of good news will coming to crypto world next year,, so, this will make the bull come back to crypto industries my friend Actually the market depends on all of us. We are the investors of these coins and we have to stay with them to keep the market better. None of the person or organization drop the price if we will not sell our coins seeing them dumping the price. |
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Most people came to cryptocurrency in order to earn good money. It seemed to them that cryptocurrency is an easy way to make money. But they were wrong.
The actual reason is that they heard that the income from these coins are very high. In the start there were not many people in the crypto but after some people got the profit many more came to this field and they all invested their money in it to get the high return. |
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Now, yes, two years ago he was good for a short time because he was constantly growing, there was no such fall in the entire history of this coin. I hope that growth will be at least next year.
Well this is bad because Eth was the second quick growing coin in the market and today it is very down. If it is able to survive few more months, bear in mind it is going to bounce back with huge margin. It is risk to invest now but you might also make huge. |
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Nobody really knows the best future coins. All you can do is to invest in a pool of many top ranked coins of present time.
Well you are right that no one knows about the future but I feel that the future holds great potential and the coins will recover soon so Bitcoin is my pick. I chose BTC because it has been a lucrative business so far. |
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