The correction of bitcoin's price as what we experienced these days is really a go signal to invest on it rather than investing on it during the time of its drastic rise. We don't know yet whether bitcoin will bounce back within the last months of this year so it's better to have already invested at a lower price today.
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Because bitcoin is still in the bearish market and correction of market price is dominant than having and inflation of price. With just the remaining final quarter, bitcoin needs to breach lots of crucial resistances that may prove its way back to 20,000$ mark.
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Things may have not work for bitcoin this year yet. There are factors that we should consider why this happens regularly as we also know that bitcoin is really a volatile asset. If you will just look in the future and hold your bitcoin for a year or more, then this bearish trend will not bother you.
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There may be decent competitors for ETHEREUM but i think they're way far beyond ETHEREUM's power yet. To name a few, they are EOS, NEO, and Cardano (ADA) which are also listed in the top 15 cryptocurrencies. It's also a good portfolio anyone can have if these top cryptos are there too.
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Checking straight to the team that is behind of ICO where the bounty came should be the first thing that you should check if these people are really legit for they might be using someone else's identity. If you find it that they're legit, read their whitepaper including the roadmap. An ICO that has already a working product will also prove that it is indeed a legit ICO.
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Well, you can't say that. After all, it is so wrong and incorrect. It is seen that most of the people on the forum, not familiar with this subject as statistics.
People might be providing a figure of 50%-80% of all ICOs are scam which may be a result of their experience. So if it is at 80%, finding the 20% which is the legit is very hard to find it now. The worst thing is that some scam ICO will give you their tokens but it will only sit there in your wallet and will never have a chance of hitting into the market.
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Seeing a price hike or even a sudden burst of its price can trigger excitement that makes us forget how volatile a crypto can be even in just a couple of minutes. Excitement can sometimes lead us to a losing result in day trading and that's really true. Not only in day trading because the same will also going to happen in investment.
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Yes, because whitepaper are just words written in there regarding their mission and vision that needs to be DONE by the people or the team behind the ICO. Therefore, it's best when you check first the team that comprises behind the ICO and investigate whether these group of men and women are legit by checking their personal background, their experiences in the field of crypto and business.
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ETH fail 2018?! What do you think guys ,can we see again price $ 10 ?
That's a NO NO because even if ETH continues to fall down for so many reasons, there are still investors small or big that are just waiting for the time ETH will have its price go down in times like this so when they invest, it may help offset the fluctuation of price or even help push the price up.
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I invested $85 into ethereum yesterday and after couple hours I lost $10 ,,,does it mean it's not the best time to invest yet and secondly I'll like to ask if that amount is good enough to invest in such a stable coin
I think you are just in the wrong timing of investing because the market is currently in the bearish market and it continues to fall while you already pour in your money in Eth. Just hold it and keep it for a long term and that's the best you can do. Don't invest yet as the price continues to drop and wait for the time until it reached its all time low and invest more of it. ETH is a very promising crypto that will really give you a nice ROI.
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Yes, the market is down and it's not the first time that it is badly down this year because the market has already been in the bearish trend for almost 9 months up to date. Holding can be the only option that's left if you do not have extra money to buy more because it's also a good time to buy when the price is low.
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Been into KYC thing few months after i participated in bounty campaign and i can remember, only seldom of bounty campaigns that require KYC for their bounty hunters. For investors, i think that's already a requirement for now before you can invest or buy their tokens in which investors are protected from having their money scammed.
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They have their point too as they may also have experienced about a certain crypto that didn't survive in the market and eventually die. Things like that can really happen to any crypto if the team behind it is no longer active and giving full technical support as well as the lack of community involvement.
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It's not a good idea to sell all cryptographic assets that you have because as an investor, you should also consider the fact that cryptocurrencies are volatile in nature. The market may look so soaked from a bloodbath but it will rise again soon. For me, holding is the best option and buying more is the best option during times like this.
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Haven't you noticed the increasing percentage of bitcoin's adoption across other countries despite others who just nudge the said technology? Well, you can move on anytime you want and you can sell all your cryptographic assets too as you watch the market falling down. But don't expect all people to follow you because they will take it as opportunity to invest more at a lower value. Time will also come that you will see and watch bitcoin and other cryptos to grow again.
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In my opinion, adoption is not actually a problem in ratio of the countries around the world. There are countries who ban bitcoin and cryptocurrencies even they already know that it can help boost their GDP as what other countries have claimed.
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Though it's natural to see bitcoin and cryptocurrencies to plunging their market value down, it's also an opportunity for us to buy them at a lower price too and hold them until they will come back. Thanks to panic sellers because they are one of the reasons why bitcoin and cryptos fall down.
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Hacking incidents in big cryptomarkets is really alarming as i believe these entities are already employing good security measures to keep these cyber criminals away. They become easily the target as hackers know there's a big deposit of assets there. It's better to always keep yourself vigilant at all times than sorry.
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With the majority of my tokens running in the smart contract blockchain of Ethereum, no wonder Ethereum is one of my favorite coin until this time along with Bitcoin. And since these two cryptocurrencies are the top 2 currencies listed on the market, they will surely get so much attention from the people engaged in cryptos.
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If you are really a wise and skilled trader, then 100 USD is already enough. You can do day trading and let it grow over the course of the week. There are so many traders with big capital but don't have enough skills and knowledge to make a win-win situation for their cryptos and failed to make it grow.
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