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Even if you're good at day trading this season is not a good time to do day trading, I think that sometimes is not about the strategy but the season also and this season the market is bearish where most coins drop their value. In my opinion is to buy and hold that is the best thing to so for now. There's no best way, it's based on the season and right time to buy and sell.
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Right now I've been doing bounty for 4 months and up until now still not earning anything, I've got tokens from the first bounty I join in but up to this point it's price/value is still cents that's why I've been holding for it now and hoping for the time where I can get a profits for doing bounty. I've heard for some of my friends that bounty is very profitable.
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Okay, so first of all what makes a good exchange?
There are many factors to consider that go into a good exchange first it must be reputable and secured. As with any software platform, a good UI can make all the difference. Other factors to consider are the available order types, altcoins, maker/taker transaction fees, and payment options.
In my opinion I'll go with this exhanges.
- Poloniex
- Binance
- Coinbase/GDAX (for beginners)
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Yes! I think so, many coins/tokens price are very low right now, the market is experiencing a downfall this season and I think this is the best time to go all in for now as of a lot of people are panicking and selling now is the time to loot and earn more profits as soon as the market backs to normal and recovers again that's when you see the fruit you wait to be rippen.
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Trading without knowledge is not that bad for me for a beginner who wants to learn in this market, I mean we all are not professional at first and maybe you have a point that some people is Greedy and only wants money but for in my opinion not all because for some instance I also a trader with just a little knowledge about trading I do some research about the project I invested in, I start investing because I want to learn something new, and I am well aware of the consequences that might took place in the future but for me, it will be worth it. for the knowledge and experience that I will gain.
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For me it's our project Optitoken, why? Optitoken is fueled by a 24/7 algorithmic trading portfolio of established and manually selected cryptocurrencies. The first ever algorithmically traded hyper-deflationary cryptocurrency. Essentially, the algorithm takes advantage of price swings among a select group of tokens, known as "The Basket," made up of a variable number of coins deemed statistically or categorically undervalued. They will also be established and growth driven projects with high upside potential based on several factors based on past trends of growth and/or market averages. It will also take into account token supply and market capitalization. To know more, Visit us at https://optitoken.io/ |
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Sell, if you want to earn money less than what you bought them then sell them, you're the one at the disadvantage if you do that I mean in a way that why would you settle something for less than what you give in? So my advice is Hold, the market is down by this time but it will get up again like it always do.
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If you get tired of waiting let me tell you one thing, if you accept that you will sell your coin from less than what you bought them would you be happy? I mean why do you invest in the first place because you want more and you trust your picks in your investment coins so why get tired of waiting, my advice don't focus too much on the market and do what you have to do so your emotions don't get too attached to the downfall of the market.
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The supply and demand in the market, it's the trading volume for example if the product is in demand and it has a little to no supply in the market the price of that product will rise because there are a lot of demand from it so when the price is high holders might sell some of their shares and there it is the price changes and continuously changing.
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My favorite token right now is Optitoken and the moment I heard they have bounty I join them, Optitoken is Optitoken is a hyper-deflationary cryptocurrency, and the first ever algorithmically traded hyper-deflationary cryptocurrency. To know more about us Visit us at https://optitoken.io/ and join our token sale. |
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Don't take it seriously bro, once I heard in a seminar about the stock market that if you have faith and trust from what you invest in you should not worry about the price going up and down you should focus on your life and do things that will matter and don't give much of your time and attention on the price when it's going down because it can seriously change your peace of mind. So if the price goes down let it be, and come back and check it again when it's back on track.
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Indeed, that in social media promotion can gain a lot of of audience new and young ones, because in our today society where almost everyone has their own social media account it's easier to make in contact and also social media has a massive audience. If you're thinking that we need help for social media for mass promotion I think many people already know what bitcoin is and some are just afraid to invest in it.
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For me it is better to buy during ICO because that is when the price is lower than the market and yes many bounty hunters dump their coins the first time they received because they don't give value to their tokens and only wants money but if you think the project has a bright future you I suggest buy it in ICO than in market because as soon as the project launch it's full capacity the price in the market can be very high than the ICO price, and usually they give discount in ICO sale if you buy earlier.
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I agree with you and your opinion is very precise and on point, many ICO's investors are the ones who are at risk in this dump in the market after the first listings in ICO''s im aware of this because I am also a bounty hunters but I don't dump that fast because I wait for the project to fully launch it's potential we can say that some bounty hunters are greedy and wants to earn money in a fastest and as soon as possible. That's the reason why many ICO's hate bounty hunters when it comes to the first listing of the ICO.
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Invest it in Us Optitoken if you want to make more money out of it. Why Optitoken? Because Optitoken aims to create profits to this ongoing series of trades and infuse it into the market(s) of OptiToken itself to provide constant sporadic upward price pressure. To know more visit our website at https://optitoken.io/ |
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I don't think it's better for them to increase their coin supply in the later part because it will only decrease their value and this is one of the reasons why most ICO's at the end of their sale burn all the unsold tokens for them to keep the volume of the sold tokens and preserved it. It;s just basic economics the higher demand and less supply, Higher price but high demand more supply, a not so high price value.
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Yes, you should! And you should invest in us, Optitoken. haha just suggesting but to give you a hint and idea about what I was talking about and why you should in optitoken. Optitoken introduces the novel concepts of 'Buy Pressure' and 'Strategic Scarcity' This works by creating profits from the ongoing series of trades of the OptiToken portfolio and infuse it into the market(s) of OptiToken itself to provide constant sporadic upward price pressure. The tokens purchased are then destroyed by sending them to an unspendable address to create ever growing scarcity in the token supply and disallow the tokens from re-entering the ecosystem as sell pressure. Sounds interesting right? So visit us at https://optitoken.io/ and hurry up, Join our token sale! |
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