Imagine when people paying for a certain product, and the display price of BTC changes every time he walks into the store. In this case, I think people will not feel comfortable with BTC until the price is stable.
It means that you think, people will never have this feeling of comfort: Bitcoin price simply cannot be stable. I believe that the experienced traders feel comfortable.
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For the time being, I am afraid to participate in the bounty that require the KYC because it is not regulated by anyone and scammers can collect personal data of investors.
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I think that the most important is not the amount of investment but how a person knows how to manage money. After all even millions can be invested in shit coins and stay at a loss.
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That's why I try to choose a signature bounty campaign with a maximum term of two months. If the project is SCAM, it will not be so disappointing compared to the long campaign.
Yes chose signature campaigns! Too much participants in social networking campaigns does not allow you to get a good reward. Also many require weekly reports which is an additional waste of time.
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in my opinion 2019 there will be a new movement, maybe not just through ico. I see in this year investors have started to get bored with ico not just bored but they are disappointed too because the scam of decreasing altcoin and altcoin prices that release dimarket is cheaper than IOO maybe because in 2018 this competition is very tight or the market is small and cannot accommodate too many altcoins
Now this is normal. When the whole market was red many projects could not raise funds and they were forced to conduct an ICO for 6 months. Now the situation on the market has not yet stabilized and the duration of the ICO about half a year.
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As for me, Crypto is a good news for all person that want to gain money without investing your real cash from it. But for some reasons, I invested some of my money from bank to bitcoin last January and boom. My money value drop down because bitcoin was downed too. It was a pain in my head. How about you guys?
For me crypto currency is an excellent investment. I keep patience for a long time and then get a big profit from my investments.
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Do you think bitcoin is going to reach june rates soon ?
I think bitcoin will increase by octorber this year even a bit because in my opinion bitcoin is the best at Oct to Dec even last year and maybe we can also see some improvement by Oct so lets just see. Since last November, Bitcoin has lost more than 80% of its price. That is why I do not like the situation that I am watching now. I am waiting for BTC gaining.
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Hi,
there are so many cryptos and I find it hard to identify the ones where I should have a closer look. Obviously one can find cryptos e.g. by listening to shilling on Reddit. But I'm looking for more professional sources like YouTube channels, free/ paid Telegram/Discord groups and so on. What do you use?
Everything is very easy: just visit the most popular https://coinmarketcap.com/ site. There, you will find all the information about Bitcoin and altcoins.
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In the bear market you can always trade to accumulate more. This does not mean you are not holding. Sell at 20% peak and buy back lower. Bear market is always a good time to accumulate your favourite coins/tokens.
Sure, you can do it now to get the profit in several months. As for the holding, you should better hold the main cryptocurrencies - Bitcoin and Ethereum. Trade smaller alts.
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I can not say that everything always depends on bitcoin , but in most cases , still depend, because it is a leading cryptocurrency.
Oh, the majority of the cryptos' prices always depend on the price of Bitcoin. Look at the market - all the tokens are following BTC, going up or down together with it. (sometime with time delay)
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I think the bitcoin. Moreover, it is a more stable cryptocurrency than the rest.But due to the fact that now the price is minimal, the risk is high.
Comparing the graphs of the cryptocurrencies' growth, I have come to the same conclusion. For me, Bitcoin is the best investment. Additionally, I am going to hold it for long.
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For you, by far what is the best altcoin that I can invest with? How to know if that altcoin will be a success? Please share your thoughts.
In my opinion, I think the best and most potential altcoin to invest in is ethereum because it has very good and promising potentials, t has good blockchain technology, very strong team members, a strong community and it is also a good coin for hold on long term. As soon as I do have several Etherum altcoins, I would rather pay more attention to such tokes like DASH, NEO, Cardano, and Waves. I am sure, in 1-2 years, they will grow in price in several times.
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Trading is like an addiction, but this bear market seems will be very long. Bitcoin is going to under 6k USD, ETH is now 262 USD, Almost 80% coin fell down. I can't make profits at this moment in trading, Because after getting a little bit of profit, the market again goes under, then another coin eats my profit too. What should I do now?
The volatile nature of the cryptocurrency is known by everyone. When you started trading, you had to know it. Then you would not have asked this question. If you can not risk it, yes, the best is to wait. The skilled and experienced man that is dealing with the cryptocurrencies will never stop trading even when the market is down. It is possible to earn now doing the day trading.
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Oh, I believe that it may happen in nearest future. But the thing we need the most is believing in crypto by the whole world and it is kind of difficult to reach.
I suppose, those guys that know a lot about the cryptocurrencies and can earn even when the market is down, feel comfortable using Bitcoin always. The other men should learn more about BTC to feel the same.
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We all know this year is one of the worst year of crypto, market is dead and new investors are in fear to enter, My portfolio is 75% down as compare to January. How long this market will take time to recover?. I am stucked in holding.
I think no one can really tell when will the market will recover because different investors have different trading strategy and also there are investors who panic fast that result to selling of their investments even if they are at loss. I guess, a lot of the events on the market depend on the whales, the people, who have been holding the majority of Bitcoins. They can affect the prices of the cryptocurrencies.
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Hello, As i am looking in crypto market now so i am thinking Ethereum is good for investment now. What is your opinion for this?
ETH is a great altcoin and no one can deny it. I am also an ETH fan and currently its price is very low, so I believe this is a good time to buy ETH and hold it for a long time. With $ 500, you can buy more than 2 ETH and it will help you get rich over many years. I am also optimistic if ethereum will now become one of the great coins. because ethereum is a coin with stable resistance. so I think using ethereum is the best choice. In my opinion, Ethereum has too many chances to reach the top in the shortest time. therefore, I bet on this crypto. It is the best existing altcoin - buy it and hold.
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Altcoins are nt risky but we should select the right altcoins with good development team then we have less chances of losing money and hold for long term as well
You know that the altcoins themselves are not risky. You risk when you take a decision to invest in 1 token only. Choose at least 10-15 altcoins, and trade actively.
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it is better to diversify, do not concentrate all your investment in one or a few coins, this makes your capital much stronger and more secure against losses.
Yes, do it, and you will reduce the risks to lose the invested money. Additionally, before re-starting the trading, take a short break to think over the mistakes done before.
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Increase in bitcoin valuation is much more beneficial. If your growth has not been in terms of gains against bitcoin you really did not make a profit from your trade, you only made gain due to an increase in market cap
Bitcoin will bring much more profits. However, I would be never against increasing the amount of dollars I have. I will invest them later in the cryptocurrency.
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It easy ..that is when your money increase
Making some money that is called profit or making some products that have price is profit as well. In the crypto world we have the Bitcoin that does more for you if you have investment here then always sell on highest price so that you will get profit. Similarly other best crypto coins are also available and you can make profit here as well, in short diversify your investment so that you may get profits from all sides. I do not see any reason why I should calculate my profit. Being a simple guy, I try to work hard. The more you work, the more money you can earn - do not sit idly.
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