NEO is one of the best blockchain project of china right now. Government of China is very supportive in cryptocurrency, NEO will help the China to make it grow, NEO team is very active to develop and improve more their project. NEO is really a good for long term position.
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Why people invest in ICO when it is risky and these days most of the coins are dropping. Do you think ICOs are going to survive for a long time?
Because lot of people want easy money, they don't know how risky ICO is. There's a lot of people who end up losing their hard earned money by just investing on those ICOs. I'm not saying that most of ICO are scam, but almost, let's ay 90% are scam and 10% are only legit.
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For me, it will not happen, maybe not for this century? It takes time before that will happen, there are lot of people and institutions that don't want to use Bitcoin, we should also respect their decision. But if that time will come, it is really the best!
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All coins are profitable, it depends how you trade on it. It depends on when you buy and when will you sell it. But, it is much better to select a coin with high volume or market cap, because thru that, you can trade actively and you can earn profits buy trading, specially in short term trading.
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As I noticed, it is. Because the market dominance is almost 50% favor of Bitcoin as of now, and most of people are Bitcoin is the medium for buying altcoins, and for selling altcoins ,it is either Bitcoin or USDT (not so much). For me, it is really depending on the BTC and ETH also.
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Which one is more profitable to invest into. Can BCH ever over-take ethereum when BTC moon?
Ethereum ofcourse, Bitcoin cash is really trash for me. If you choose between Bitcoin cash and ethereum, go with ethereum. Much better to invest in ethereum, because price of ethereum now is really dumped, there are still many upcoming updates about ethereum, it will still grow.
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For me, the bottom for this year is over, price of Bitcoin will never reach below $6,000 anymore. Because the price correction is over, it will start to rally upto $7,000 and higher, maybe around $7,000 and $8,000. I also starting to accumulate bitcoin and will take profits around $7,000.
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This year the price of bitcoin has dropped for a long time, and don't know how long bitcoin will be like this. I think this is a year of challenge from bitcoin, those who are strong will stay here and the weak will leave, this will be an option to determine the future.
I'm belong to the strong one. I really believe that this is only a test, a price correction for Bitcoin. I really believe that it will start to spike next month, that's why I am starting to accumulate Bitcoin now, for every $200 dip, I am buying and buying. I will hold it for long term position.
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They are all good exchanges. I keep some of my cryptocurrencies on both. I like kucoin s background but transaction fees in Kucoins exchange are a bit expensive.
Yes, when you are using Binance. When you have BNB coin and you will activate that in your profile that will use BNB for fees, you will get 25% discount for every trade you made. That's why I love Binance, you can also recycle your small amounts of coins to BNB.
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It is really hard to say, which altcoins will be gonna be the game changer for this year, but, it is much better if you will seek it by yourself, because at the end of the day, you will only the one gonna decide, which altcoins you will buy, but for me, buy those altcoins that are below the ICO price, and you will have profits.
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For me, YES it is. But you should also consider the RISK investing in some ICO, because almost 90% of all ICO nowadays are SCAM. They are trying to steal money from their investors, most of ICO are fake, specially their team, so always be careful on some ICO nowadays.
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Agree, specially those ICO that are based on ERC20. Most of them are theft , they jsut want to take and run the money of every investors, I hope this kind of problem will be lessen, because most of the victims on that case are the newbies, those people who are just starting in crypto. How sad is that.
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Cryptocurrency is one of the best risky investment, there are many business people avoiding cryptocurrency but we cannot force them to believe, we have all own opinion about cryptocurrency but all investment in this world are all risky, it will only matter how you handle the risk, you are correct, high risk results to high rewards.
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Trading and gambling has similarity, both are super risky. But in trading, there's no luck, you need to study the chart, study how to read different pattern you are not happy-go-lucky in trading, just not like in gambling which is really full of luck, specially when the type of gambling is really random winnings, like dice gambling. There is no easy money in life.
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My best weapon or strategy in crypto world is my brain juice, my own knowledge. You need to use your brain to identify the best investment strategy in the market. You need to research, you need to think, you need brainstorming, it takes time to get the best choice when or where to invest, specially now that the market is really bloody.
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Yes, today is really the good buy zone for Bitcoin, I think it will not decrease below $5,000 below more. Bitcoin is really dumped nowadays because of the FUD and very many fake news. Specially the ETF issue, manipulating is really active nowadays, so always be careful when to buy Bitcoin.
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How great is that, bitcoin nowadays is really volatile, small news, it is dumping and pumping anytime. It is really hard to predict the market nowadays, specially when bear market. But for me, trading is not easy, it is really risky.
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I am new to trading.Please suggest me some good marketplace for trading.
You can start to trade with small amount first, you should first to learn basics of trading, like how to use different exchange, how to set sell order or buy order and learn also how to read charts and different pattern.
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For now, I think there are some people behind pump and dumps of Bitcoin, like there are some manipulation happening now. You can also consider fake news or people spreading FUD to to other people to make the price of Bitcoin dump.
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Mahirap maging full time trader, kasi kailangan mo pag aralan magbasa ng chart at kailangan mo e handle ang emotion mo, dahil ang pag te trade ay hindi biro. Tapos kailangan mo ng malaking starting capital para maging full time trader, mahirap talaga maging trader kahit part time.
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