bitcoin and altcoin are not one another, not interrelated. if anyone says they are related, that is just a coincidence. so, bitcoin determines its own value, while altcoin also determines its own value.
bitcoin has its own market cap, altcoin too. only, an increase or decrease in the trading volume of altcoin, could be influenced by bitcoin because of the widespread popularity of coins in the market.
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I have thought of this topic because I don't invest much in altcoins, just trading it to profit. I'm talking about the one you will buy that you would HODL in the long term and keeping it in your cold wallet, hardware wallet, paper wallet, or whatever you do with it as long as you keep the currency itself. The reasons I could think are the following: - You invest because of the Technology of the coin And what it could bring to the cryptocurrency space
- You know the developers and supporting them
- You believe you could profit in the long-term
- Because of the Name of the coin. Lol.
I'm just wondering if there are other reasons that you may have and if you agree with the ones I listed. Share it here. Don't be pessimistic, there are indeed many projects that eventually die and developers no longer care, but there are still projects that the development team continues to work hard on and the coins last long. You can take an example in an international project, where they continue to develop their projects, and can survive until now. for long-term investment, we will get profits.
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now the bounty is not what it used to be, is this the effect of the crypto market fall or is it bounty in a bad period, we don't know. what is clear, it is true that we should not expect too much of the income we will get after we finish our work. even when at the beginning of the bounty there were big expectations, at the end of the bounty we had to wait a long time for the token distribution, even when it was launched to the market, the price was too low. it has become a common thing, so for those of you who are still newbies, don't expect too much of your income.
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What wallet do you use? if you use MEW, there is actually another option, namely Keystore. therefore, I always save my keystore to open the wallet for fear that the private key will be forgotten. and after opening through the keystore, you can look back at your private key.
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this way, it is true if your calculation is how many altcoins you have with the price, then converted to btc, then you will find a number of btc ... then when the altcoin goes down, the conversion to btc will decrease, don't you mean that ?
yes, it is indeed reduced, but right between the conversion of coins to dollars does not change right? still the same. for example etherum = $ 100, has 5 etherum when btc costs $ 1000 then etherum to btc is 10 btc. then the etherum price falls, automatically the conversion to btc will decrease, but conversion to dollars will still be the same. if it drops $ 0.1, that's the result.
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what I am most concerned about is, if the trump takes a policy to ban the crypto trade in any form. that would be a bad situation, considering that America is the largest crypto market in the world. for a while, trump only gave a statement of his statement, and I think for now it's not too influential.
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I think the fall in the price of tokens after listing is not a bounty hunter mistake. because it's true of your explanation above, that the bounty hunters are so many participants, but overall they all only get a funding allocation of a few percent of the total 100%. it's not a mistake, I think it's fair. precisely what plays a big role in the fall in the price of tokens is that holds a large number of tokens when buying at a cheap price, and then after the listing process is complete, they sell everything.
so it's clear, that this is not a bounty hunter's mistake, even investors can be blamed here if discussing the price of tokens that suddenly fall after the listing process.
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very uncertain if we discuss the price of bitcoin, it always changes every second. and the situation worsened when there were no parties either from the government or big companies that supported bitcoin, which made bitcoin look like an illegal asset. whereas in my opinion, bitcoin has a very good prospect in the future, because it has value, and functions that can be used as a means of payment for money or credit cards. who said the price of bitcoin could increase many times in the next 2 years or 3 years, I agreed to that.
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it's like a rule that changes in the middle or at the end of a bounty and often happens, I don't think too much about it. sometimes at the end of the bounty requires the kyc, sometimes the duration of the ico is extended, sometimes the bounty suddenly stops. as long as I follow the bounty, I experience a lot of things. and what still makes me ask is, the exact time for distribution and launching into a market exchange that the bounty manager never said, just said "soon".
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there are various ways, and the most widely used by people is bounty and trading. being a bounty hunter is an alternative for some people to get income because they don't have the capital to start. rading is the second alternative if someone has enough capital, not infrequently also a lot of investment. I don't call Minning here because of what? because minning requires very large capital, and also the cost of each month is also large and it is difficult to calculate profits.
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for now, your solution is not crypto. because the market is bad, and you don't have enough money to start. the second, bounty also still feels bitter lately, for those of you who need money quickly, I don't think I've found a solution. I have a solution for you, namely selling on etsy.com, where you can sell various antiques and designs. you can make a lot in design, like the interior, or invitation. You only need a credit card or virtual credit card to get started. good luck, and keep up the spirit
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if we see, they prioritize investors more than bounty hunters. logically, investors give money, and the worst possibility that happens to a project is a scam, right? well, that way they can steal from investors, whether it's 100% investor money, or by listing to a market exchange with a low exchange rate.
while bounty hunters, they work to promote the project, without any money coming in. so, the team thinks that they don't get anything from the bounty hunter. even if you think about it, bounty hunters actually work very efficiently to promote their projects so investors want to come in, for example, bounty facebook, telegram, twitter, blogs, artike, youtube, and signatures.
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to be honest, my main purpose for entering this forum is bounty. for the closest target, I hope to be able to follow a good bounty and get a good income too. for the long-term target, I hope I can have a team and want to create and develop my own project, and of course based on my experience following the bounty, I will never do a scam, whatever the risk.
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I have never bought bitcoin, so I have never used exchanges like binance, coinbase and others. I only buy altcoin, so I often use forkdelta, I've also used okex.
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I'm not sure, even though until the end of the year, the increase will definitely not be as high as 2017 because it has entered the middle of the year and the market has not shown a bull run, even to recover it yet.
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big altcoins will still dominate the market, and the new altcoin appears only as a hype even though the price is high. because the new altcoin is very difficult to last a long time, both from the market cap, price, and market capitalization, so they will be in the market for a while.
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erc20 is the best, my reason is that the wallet is very simple and easy to understand. to withdraw or deposit tokens, it is also very easy. ease of use is number 1 for use.
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because that's the systematic step. tokens sent to the wallet, whether it is already in the market or not, the price is low or high, it doesn't matter because it has been entered into the wallet and I can't possibly delete my wallet or discard the entered token. even though it's not useful, but in the meantime the most effective thing to do is wait.
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it's fair if ico dies forever to see the progress that the ico team has made lately. the number of scams, many of which are too delaying the listing process, will make the overall ico rating fall and after that it will really die.
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I think that your opinion is reversed. which will make IEo popular, precisely with the rise of Ethereum. because from the last 1 year if we see the ico project, when the price of etherum drops, it actually impacts on the ico which also falls too. Because of what? the team was reluctant to launch a token to the market exchange because the exchange rate to etherum was too low.
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