To be honest, now buying cheap coins is also risky. Since the market is in a deep fall, it may take a long time to restore it. And while I'm sure that not all altcoins can survive this fall. And not all of them will grow in the future.
|
|
|
When the youth competently approaches to studying cryptocurrency I support it. For example, many begin to participate in the bounty. And if they manage to earn money, they become investors and continue to study the cryptocurrency. But I know young people who indiscriminately participate in all the bounties, without studying them, so that any coins received can be sold for pennies on decentralized exchanges. I think that they will not succeed.
|
|
|
I regret most of all my greed. In the winter, I had a very good profit for many altcoins. But I decided to wait when they will grow even more. And here is the result - my portfolio of altcoins has fallen in price by 7-8 times, compared to the beginning of winter
|
|
|
Of course, I believe that the cryptocurrency will grow, and possibly in the near future. But in all, there is a share of probability. The only thing I'm sure is that not all altcoins will survive after this fall. When the market starts to grow, I think that the top 100 altcoins will change very much.
|
|
|
The Crypto-currency teaches us to hope and rely on ourselves, not blaming anyone else. If we lose money, then we ourselves are to blame. Means, we could not record profits on time or did not observe security on the Internet. Crypto-currency teaches us to delve deeply into the essence of projects, in order not to invest in a scam
|
|
|
You belong to those people who understand that panic will not lead to anything good. At present, we can only wait for the growth of the market. But I think that even the people who was in a panic, no longer selling altcoins since their cost is at the lowest level.
|
|
|
I will not force people to invest since I'm afraid of feeling responsible for others. If I offered someone to invest in the winter, then now I would feel uncomfortable, because the market is a big drawdown. Some people do not understand that investing in cryptocurrency is a big risk, even if I explain it many times.
|
|
|
People can leave the cryptocurrency for various reasons. Someone finds more profitable investment options (of course, at the moment I do not know about such). Someone comes out of cryptocurrency because of fear that it will not grow any more. But I think that now it is not worth leaving crypto-currency, but it's wiser to start investing.
|
|
|
In some projects, technical documentation is written in a complex language. When I invest in altcoins, which are already traded on the stock exchange, I do not always read it. But if I invest in ICO, then I necessarily study all the information that I can find about the project.
|
|
|
I periodically read reviews of analysts on altcoins. And if I see interesting technology, clarity in the work of the team, then such a project will interest me. But if there is a lot of noise around such a project, then this can be alarming. And you need to check whether artificially increase the popularity of altcoin.
|
|
|
Now the price of bitcoin and altcoins is very cheap since the market is almost at the bottom. In my opinion, this is a very good time for new investors. Those coins that were expensive in the winter, can now be bought at the price they were worth a year ago. Strat, Etc, Neo, DCR - I would buy them necessarily.
|
|
|
It is best during such a drawdown in the market - to go to fiat money. But it had to be done earlier when the market began to fall. Now, in my opinion, it's better not to change anything. If you have altcoins, then keep them until they grow up. The same with bitcoin. If there is a possibility, then buy a few perspective altcoins.
|
|
|
I participated in 6 or 7 ICO. And at the moment I got profit only in 1 of them - it's Wagerr. The rest of the projects so far do not please. 2 of them did not go to the stock exchange. The rest are now much lower than on the ICO. Therefore, I also will not participate in the ICO until the market trend changes.
|
|
|
If you want to learn by yourself, then be prepared to spend a lot of your free time on it. Youtube has a lot of commercial training videos. And then you need a long practice. But it's easier to pay money and finish the courses, which are many now.
|
|
|
I had a lot of errors in the cryptocurrency. They were like greed when I thought that the coin would still grow and not sell it. But the coin began to fall. There were mistakes and because of haste. Only I sold the coin, and it began to grow at a great speed. And it is very difficult to anticipate such a moment in advance. I realized that I need to save part of the coins, and not sell all at once.
|
|
|
In general, I try not to go to the stock exchange, because the value of my portfolio has fallen too. But if possible, I'll buy ETC and Strat. These are my favourite coins and I have not seen them so cheap for a long time.
|
|
|
My tactic in the fall of the market - do not sell anything and do not go to the exchange, so as not to get upset. It is too late to put stop-loss because the drawdown in the market is very large. It remains only to wait for growth and to buy a little bit of altcoin, which you like.
|
|
|
If a person is ready, that he will not have stability, then you can leave work. Perhaps the adoption of this decision depends on the work. Many people do not like their work. If the work is like, then they do not go away from it, and they are engaged in additional cryptocurrency. And if you decide to quit your job, then you should have a good amount of money in stock for the situation when the market falls.
|
|
|
Many people get out of the cryptocurrency because they are afraid of losing all their money. We see the fall of bitcoin and altcoins for half a year already. Some people stopped believing in the future of the cryptocurrency, others decided to withdraw money and wait for the market to start growing, then to return.
|
|
|
Now the cost of many altcoins has reached its bottom. But there is no point to frustrated because of this. We know that we are investing money in high-risk investments. Therefore, you need to choose a strategy and act on it. In my opinion now is the time to buy altcoins.
|
|
|
|