News does make many changes as people rely mostly on news to make their trade decision. This is similar to stock news. The first one to know something or the first one to act after reading a news makes the profit. That's why news related to stocks are highly regulated. But there's little on the crypto news. The so called large publishers are supporter of some coins or exchanges and are bias against some others. They often take the opportunity to enlarge a small issue to change the market sentiments.
The good news regarding the whole cryptocurrency market will undoubtedly have an effect on investor sentiment. If investor sentiment is positive, the willingness to invest will increase, especially if the good news concerns regulations passed by the government |
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After some surge in price value from the past few weeks the price is slowly increasing, Is that a sign of Bull??
BTC showed some positive signs followed by other altcoins, lookalike this is the best time for Investing before halving and we are almost nearing it. Guys if ETH goes above $150 I am sure it will bounce back harder...
Halving's moment will happen shortly and I think now is the right time to invest in Bitcoin or some good altcoin. With the current price of bitcoin, there is an opportunity for profit and I think some altcoins will also go up in price following the price movements of Bitcoin |
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Hopefully there are no more cases of exchangers being hacked again in the future because it can damage the reputation of the cryptocurrency market in the eyes of investors. It seems impossible because hackers will always try to steal coins from other people but if exchangers continue to improve their security, I think there will be a reduction in the number of exchangers hacked
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I think that it`s good strategy to reduce scam projects on authoritative sites like CoinMarketCap, because inexperienced users can buy it and lose their money. These actions lead crypto community to be more honest and frank for new members
Agree, by removing projects that are indicated by pump and dump, will create a conducive investment climate for new investors in the cryptocurrency market. Coinmarketcap website is widely used as a reference data before investing and with accurate information, investors will be more confident to invest |
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For mobile wallet, I use Imtoken to hold ERC-20 tokens and also use Myetherwallet for transactions. I think the two platforms are safe and their use is also relatively easy besides being accessible anywhere
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I have to agree that market tokens that are famously known already can easily recover when the marker recovers. Im pretty sure Binance will increase its price even though the market got hit pretty bad, I admire their whole team especially their CEO, which is very active not just on releasing new features but also sharing their wealth to those who are in need and affected by the pandemic virus. You can truly see how devoted and generous Binance in every aspect.
Tokens or coins that are already well-known or are in the top 50 coinmarketcap will quickly recover because they have large transactions and also a fairly solid community. Community is one of the important elements so that prices can rise again because it involves investor confidence in the project being undertaken Agree with you, when the market recovers, the top altcoins in coinmarketcap will recover the fastest and most powerful. Because they are the best altcoins and are considered and held by many investors, they also have a great volume to motivate traders. Yep, I Agree with this alot. Typically when people look for projects to invest in, they check CMC. Pretty much all of the coins listed on high volume exchanges such as Binance should have some good movement. Coins like LTC and others that are tied to bitcoin also tend to do especially well during peaks (and fall during troughs). Coins that are in large exchangers also do not necessarily have large volumes and that does not mean listing on large exchangers will maintain an increase in price trends. Many projects are delisted from large exchangers because there are no volumes that meet the requirements and this shows that more investor interest in the project and the products produced |
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Bounty campaign is a good way for projects to spread the word and gain publicity in the cryptocurrency market. But it is not the best way to gain investors. Good projects don't depend on bounties alone to promote their token sale.
And this is because when bounty hunters post about a project, majority of these posts is only seen by other bounty hunters and not to the real investors. And these posts are just basic and can not convince good investors to invest.
Bringing in the investors and funds depends on the team's marketing ability and their ability to close deals. This is why good projects attend a lot of crypto events and network with people.
Though bounties help a project to create popularity and hype among crypto users, the main investment and funds is brought in by the team's marketing and closing ability.
The most effective way to attract investors and make sales quickly and efficiently is to do IEO at large exchangers such as Binance, Okex or Huobi. The IEO sales period at the exchanger only lasted for a short time but sometimes there was no bounty campaign for the project |
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I'm not going outside of my room so it's impossible for me to become positive for covid19.
That's a strong and positive decision. Obeying the social distancing order and isolation is one best ways to be covid-19 free. Depending on your country, the government has a role to play in supporting in supplies of essentials to help in surviving. In conditions of epidemics of coronavirus, indeed we should isolate ourselves to avoid contracting coronavirus. This is the best step and we isolate ourselves for only 14 days and I don't think it will take too long if we have a busy time in cryptocurrency or trading because the crypto market is open 24 hours |
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So far, with recent pump in BTC price, it's looking like corona isn't affecting crypto very much. But situation is getting worse and there might be a significant drop in the near future because people will be needed more cash to spend.
Im not so sure about the pump since its suddenly revert back. Whales are busy luring out investor with this. In my opinion, we arent even close to recovering what it loss. Imagine the price before everything went down. W are just half of it, and I dont want to be optimistic in this kind of situation especially the covid still getting worse. I just do hope many investors will realize the potential of crypto that its not waive unlike stocks and oil and gas. atleast it recover some amount because before when the virus is at its peak the value of of btc were also down under 6k usd . now that the virus is now getting calmed the price of btc also became stable but still needs to recover again like 2k usd something in order to get back where it was before when the time that there is no covid yet and the crypto market was stll healthy . meanwhile there is still ongoing lockdown and quarantine on our place but people seem to be calmer now , now that we knew that many are still recovering Bitcoin price movements and some altcoins are better after investors are panicked by the news that many countries are locking down. Compared to the stock market and commodity markets, cryptocurrency is still better and this is seen with the price of Bitcoin which is now at $ 6800 after plunging to $ 4500 |
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When looking at the coinmarketcap website today, I was quite surprised to see there was a rank 0. But after I clicked on it and read it, I already had this April fool. I think this is good and just to be funny
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What will crypto space look like if all the coins we have now is just 20 pieces? And that is it, no thousands or hundreds allow, I wonder how profitable they will be because there will be badass huge volume and huge investors too, I think crypto problem is the quantity of coins we have
If only 20 coins or tokens are traded on exchangers or registered, I think investors have no alternative in investing and there is a chance of price manipulation. Although at this time price manipulation can occur, but with only a few coins traded, investors will find it difficult to maneuver to make profits |
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If binance CEO and team take over CMC then you guys should be ready for a whole new level of ratings, here are few things I expect from Binance
1. Liquidity rating will finally works
2. Many fraudulent projects will be kicked out
3. Many fake volume exchanges will be exposed or even red tagged
So far I haven't seen a capable team like binance team, if crypto is going to reach a whole new milestone then this is how it will begins
I think there will be a slight change in the appearance and presentation of the data on coinmarketcap if Binance buys it. CZ is one of the revolutionaries in developing the cryptocurrency community and maybe this is a sign that the cryptocurrency market is ready to rise again |
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Many new projects are currently unsuccessful due to falling market conditions. When the market goes down, investors' interest to invest or speculate becomes down because they prefer to wait and see. I still remember the beginning of 2018 where many new projects were able to sell tokens successfully and only for a short time because at that time the price of Bitcoin was above $ 15k
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When Binance was first launched, no one thought it could be on top exchangers with large transaction volumes. This makes BNB Coin which is a native token, the price moves up because it can be used to cut transaction fees. Even now with the cooperation of VISA for debit cards, I think BNB Coin is an attractive investment
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Investing in new altcoins can always lead to the loss of all your money, and therefore you should always invest in top altcoins that have long been profitable for all investors who invest at the right time and I also prefer to invest in top altcoins like ethereum, binance coin and in many other top cryptocurrencies.
Investing in established coins and in the top 50 coin market caps guarantees liquidity. Liquidity is one of the important factors in investing considerations because there is a large liquidity indicating active trading in the market conducted by traders or investors |
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Is this some kind of joke that someone has created coronavirus coin? I have been surprise. The more surprising was hearing that Yobit has listed this coin in their exchange. That's shame once again for Yobit. They have been listing scam shitcoin for long time.
They are taking advantage the popularity of this virus so they name the coin next to it. But if this issue has been resolve expect these coins to become worthless. Well its a shitcoin anyway and those who buy it dont know the consequences of their action once they missed the timing to sell. Agree, they only take advantage of events that occur only for a moment of popularity so that investors are interested. It's best to avoid tokens or projects like this because they only focus on selling tokens and won't focus on producing products |
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I am not surprised if a coin or project that utilizes momentum will be a scam. Because usually the team behind him does not have a mature plan in producing products. A good project will not use momentum or events for brief popularity and a good project will focus on the product that will be produced |
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Many blame the bounty hunter when the price falls after the initial listing even though the bounty reward is usually given more than 30 days after listing. Bounty hunters are always blamed, even though bounty hunters only help promote token sales
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Kyc is actually not bad for crypto as it helps in curbing fraudulent activities on the space. However it is always necessary for those asking for kyc documents to protect these docs in the best interest of their users to avoid these documents leaking to a third party.
However, exchanges are not doing it in the best interest of the user. They are doing it only to be compliant. Also, your private and personal information are not safe. They are usually sold to 3rd parties for profit as normal practice. They also might give them to a demanding government. Many exchangers allow withdrawals without KYC but are limited to a maximum withdrawal of 2btc. In my opinion, the exchanger must obey the government rules regarding KYC because there is a fear of money laundering and I think this is a good thing to increase public trust |
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You are right but we are on 2020 now and not 2017. Even legitimate projects fails because there are no investors, and they are very picky and cautious on which projects to invest. Some successful projects does not conduct ICO anymore, they just get a private firm to back them up and list to a reputable exchange an have an IEO.
In this 2020 the projects are now different unlike the year 2017 where it is the year where the success of the projects are on its peak. I do not participate in projects anymore like ieo and ico because it is too risky for me. It is better for me to trade than to make investment in shit projects that can make me to have losses. Be careful especially for thosw who want to put their money in todays projects. Investing in new projects is indeed quite risky, apart from many scams and also unfavorable market conditions. The projects that in my opinion are worthy of investment are projects that undertake IEO in large exchangers because most of the projects have increased prices after the initial listing |
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