Latest posts of: princecharles

Quote from: Shepard777 on November 16, 2019, 08:49:31 PM

Guys, let's try to figure out which altcoins can give a huge% growth when the entire cryptocurrency market flies to the moon. I have a friend who bought xem when it cost very very little and earned more than $ 100K on growth, I think that now there will be such coins that our pockets can make rich, you just need to know which projects have a chance, so let's offer each other options

Your friend made a wise decision, good for him. But that was a huge risk to get such a reward. We cannot be certain of the project which could turn out to be a better source of investment considering the nature of the market. I know for sure that the bull run will come, I'm only not certain of when it would come, which makes it a bit difficult to give assurance concerning any particular coin or project.

Quote from: Christinebeauty on September 10, 2019, 07:41:09 AM

Yes, that's what bounties these days make us. They show us big big rewards on their spreadsheets but the real values of those rewards they offer us are sometimes not even up to $5 on the market. I feel bounty hunters are only being used as baits by project owners to catch their investors virtually for free. What do you think guys ?

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It's actually funny that ones wealth is only seen on spreadsheets. This is majorly because bounty reward is in the projects tokens. The project in most cases outline a huge amount of tokens whose value seems lucrative, but on completion of the bounty, you find out that the reward is not tradable or trading at a ridiculous low rate as compared to the ICO price.

Bitcoin dominance is indeed getting stronger by the day and this leaves the altcoin market very porous and susceptible to little or no profitability. I personally won't be willing to risk my fund on a market that does not seem profitable and I guess most persons are on the same page. The altcoin market could be very lucrative for those who are willing to take the risk.

As it relates to the value of cryptocurrency, I see bitcoin dominance taking a new shape in 2020 due to the halving of Bitcoin, I also see the ethereum 2.0 project becoming successful which would lead to a substantial increase in the value of ethereum. I see a systematic growth in the market capitalisation and more projects coming into the industry.

Quote from: gulsoom2000 on December 08, 2019, 02:57:52 AM

I realy want to buy altcoin which coin can i buy to hold and make big project in future any idea tell me best profit coin to buy thanks.

In my opinion, the best altcoin to invest is in ethereum. I have a conviction that the value of ethereum would increase substantially towards the end of this year or the beginning of next year. This is just my personal opinion and not an investment advice. You may also need to do your own research before making a decision.

With the situation of the market lately, am finding it difficult to settle for a best project this days. I would no doubt settle for Bitcoin and ethereum which seems to be the most popular and highly held cryptocurrency in the world. I believe that holding bitcoin is a better option for those who are new in the cryptocurrency space.

There are so many sub standard projects in this space. I understand that it takes very little effort to get a smart contract, especially through the ethereum protocol, maybe this has contributed to the worthless projects we have in the space. So many developers are not certain of what they want to effect and end up wasting the resources of investors.

There is no doubt that the scam projects are bringing bad image to the cryptocurrency industry. This explains why more people and projects are sceptical of joining the space. In fact some persons have misconstrued the cryptocurrency space to be a hub for Scammers and unscrupulous individuals.

Quote from: raden1922 on July 15, 2019, 05:51:56 PM

The more new coins that are present in the crypto market, will certainly enliven the crypto world. My question is how do you look at the future of the altcoin, with fairly tight competition. Will it affect the price of old altcoins, such as Ethereum, XRP and others.

One thing I've learnt about the cryptocurrency industry is that the more a project is able to stand the test of time, the higher the value. This analogy is simply derived from the assumption that people tend to invest more in projects that is trusted. And one way by which trust in this space can be depicted is by the durability of the project. One of the reasons why bitcoin controls a large chunk of the coin market is because it has stood the test of time.
What am saying in essence is that the future altcoin is not necessarily a threat to the existence of a solid project like ethereum, xrp and others.

Quote from: TheBusstop on September 04, 2019, 10:42:13 AM

Looking at the market dominance, bitcoin covers almost 70.5% of the market trade as of time of writing. there is the need for altcoin recovery or it might spell doom for investors. i.e, people invest today on a new project and sell off tomorrow.
According to a wall street executive, Max keiser, he strongly believed that altcoins has reached there dead end and advised that everyone should focus on bitcoin. considering the fact that bitcoin is limited. there is the need for altcoins as the name implies, Alternative coins.

What is your say on this.

There's no doubt that investing in new altcoin through the ICO and IEO is a death trap because most of the time the value tends to dump substantially after listing. The entire market has been bearish for a while now, but those who are willing to take the risk can still invest in some promising altcoin. Bitcoin is not a safe haven as the value is also on the decline, I believe USDT should be a better option.

In my opinion, bnb cannot become the king of all coin. BNB is only an exchange token with the sole use of settlement of trading fees on binance exchange. The existence of bnb is directly related to binance exchange and the reason why it seems to be very popular is due to the popularity of binance exchange. Take away binance exchange and the value of bnb would fall to extinction.

In trading cryptocurrency, the volume is a necessity and it leads to the liquidity which is important to easy trading of cryptocurrency. I am personally of the opinion that the higher the trading volume of a project, the better the project for investing purposes. A higher trading volume could mean that more persons are willing to buy the tokens as a result of the value which is expected from the project.

With my few years in the cryptocurrency space, I've learnt that the industry is in a constant flux. The need of the industry is most likely to change with the need of participants of the industry. In my opinion, I believe the most important factor that is needed for the sustainability of the industry is the mass adoption of cryptocurrency.