Hello guys, With this ordeal going on it seems much-lost faith and bailed as if the whole market is going to vanish. This kind of thing happens more often in the stock market with inside trading, embezzlement, etc. In reality, it’s a perfect time to get in with everything dropping so low. It will come back and come back bigger than ever after this dies down and there will be improvements to hopefully prevent this from happening again. So do not lose hope and know that the bad time will inevitably pass, and you may not be able to make up for this opportunity again. Just my opinion.
with market conditions like that we shouldn't need to worry and panic, for some people with bad market conditions is an opportunity to continue to add assets to their wallet, they will buy at a low value and sell when market conditions improve That's how investors are, specially those who haven't had experience, a. they are afraid of bearish market, when they should be adding more assets b. they sell off and never comeback, or at least they are going back when we are in a bull run and price assets when they are already making a run. So that is very wrong, we should accumulate when the price is low and that only happens in a bear market. And then sell it off to get a huge profit during a bull run and all time high. minimal experience in investing will make things even more chaotic as you mentioned. the market is experiencing prolonged bearish will make many traders lose Assets if they do not understand it. even though it is an opportunity to continue to collect assets in the wallet and take profits when the market is normal Listen up bud, investing without much experience can be a real mess, especially when the market's all bearish and everyone's freaking out. But hey, that doesn't mean you can't learn and grow from it. See, a bear market is like a big sale. You can scoop up some sweet deals and hold onto them until the market picks back up. Just don't go all in on something you don't fully understand, alright? And remember, slow and steady wins the race.
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Of course still holding.
I sold off almost all of my alts that I bought in 2021, cuz who the hell knows which ones will do well in the upcoming market cycle. But Bitcoin and Ethereum just hold long term. Only gonna sell some Bitcoin during bull market years when I want to buy a house or something.
It sounds like you're playing it smart with your crypto investments. The crypto market can be unpredictable, so it's understandable that you sold off your altcoins to minimize risk. And sticking with Bitcoin and Ethereum for the long haul? That's a solid strategy. Holding onto those two coins will likely pay off in the end. And being able to sell some Bitcoin during bull markets to buy a house or something even more awesome? Genius! So, all in all, it seems like you've got a good handle on your investments. Keep on keeping on, my friend!
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The best performing old coins are
1. Bitcoin 2. Ethereum 3. Neo 4. BNB
There are few coins from 2018 and 2019 that are now Mooning insanely, band protocol is one of them and follow by chainlink, dyor and chose wisely
I agree with the number one and two, but for the number three and four, hm I think we need to wait for more because that two coins will need to wait for the right time to increase. Band protocol has a good time to rise from time to time, but it still needs to wait for bitcoin movements, and if bitcoin price can move to the higher price, the altcoin will follow. But I believe that many old coins are still waiting for their time to increase again. Well, I agree that BTC and ETH are two of the oldcoins that are strongly increasing in this market. Those two coins have always been my favorite coins in the market since the time I joined. Besides, I think BNB is also a good one too. BNB has the benefits of its exchange - Binance, therefore, it can also be a good coin to expect!
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Yes. We need to do some research at least at our level to keep ourselves away from such bounties. I am glad, I rejected a few and most of them turned out to be a scam project. It is very difficult situation when we worked for more than 4 weeks and in the end, we come to know that we haven't got any rewards or it was just a penny.
That's quite painful you know. Some people still say bounty hunting is an easy job, I bet they don't even know how that feeling is. Doing bounty campaigns is an easy task, it's true. However, it's not an easy task to be achieved. Old but gold sentence "do your own research". Always doing researches before joining in any campaign to reduce the risk of being scammed. You can eliminate the risks but you can reduce somehow, the better you are with knowledge, skills, and experience, the less risks you will face!
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Only 13 days left for this month. ETH still hovers around $430 mark without any indication that it could break $500 price mark. To hit $700 or $900 at the end of this month is impossible. I can't think any scenarios that could help ETH come close that price mark in such a short amount of time.
It certainly won't happen, it's just a bullshit prediction and there's no basis in this market. I see hundreds of predictions like that but none of them are really accurate. Invest on your research and don't trust anyone or you will regret it I agree with you guys. As I can see right now, ETH can and will break the $500 mark, though, it can not achieve over $500. I'm always skeptical about any predictions in the market. The reason is that no one can be so sure about what the price will be, even the developers team can't know anything. However, I'm holding a lot of ETH for sure since I believe it can increase shortly.
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ethereum GAS up to now is too high Of course, many people think about transacting with the Ethereum platform, including me but now the price of GAS has started to fall to 125 hopefully in the near future it will return to normal
Hope Gas will return to previous normal. in the last few days i tried to send a token but Gas price was higher than token price. Personally, I think the gas fee can't return to what it was. The reason is that the gas fee is high because of the high demand in ETH transactions. People are interested in the hype of ETH, so they buy and hold a lot of ETH. The demands increase that makes the gas fee higher. In the near future, I can see that people will keep buying ETH until ETH achieve their target. Until then, the gas fee will remain as high as now.
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Fake projects are easy to find, they usually operate at a generous and unreasonable reward. and they are constantly looking for large scale investors in exchange for getting into the big exchanges. but keep in mind that it is a lie and it will not happen. so it is a bogus project we have to be wary of
Well, it's easy if they use obvious tricks! In most cases, scammers are much smarter than we can expect. They will now use any common tricks or obvious traps that we can realize at the first time! It's a very hard thing to avoid being scammed in this market which we have to always do! If it's easy then not a lot of people got scammed!
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As you can see now, ethereum coin developers keep updating their blockchain and now we know that ETH going to 2.0. I remember when ETH price was very high, almost hit $2000 few years ago. Now the price ETH is around $400 currently, we should not too late to buy the coin now before it hit $2000 again.
That seems greedy to hope ETH reach $2000 lol, anyway, it's true that it's not true late to invest in ETH right now! We all can see that BTC and ETH is getting higher and higher value lately, and it probably will increase more and more in the near future. In my opinion, I expect that ETH and BTC will keep fluctuating around the current values and then will pump after the launch of ETH 2.0. A lot of people are expecting to see ETH reach $1k.
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i've seen some projects that burned their tokens. they said they will recover the price in the market. some projects burned their token when the price is dumped. but in the end, it doesn't affect anything with their price. i think token burning worthless to do.
Burning the token will not bring the token into the positive trend until the token itself will have offered a good features to the holders. I should remind you that if the usability of token means a lot and in this case the token burning means nothing against it. People very know about this and they avoid to invest in the burning token without real product. I agree! Although some how burning tokens can reduce the total supply, hence, increases the value of the token. However, it's not likely to happen when the project doesn't develop. The project needs to have some real developments or applications that can benefit investors. In this case, they will decide to invest more and more that increase the value of the coin. Otherwise, burning tokens doesn't bring any positive result!
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that is the profit side that we can see if we have a lot of funds to trade. Of course, by having a lot of funds, the benefits we can get will be even greater, and make it easier for us to become millionaires. it's just that, what we need to know in the world of trading is, the benefits we can get are proportional to the risks we can accept. the more funds you use, the greater the risk you lose. well, it's a comparable result. these are the basics of trading.
It's true! If we have a lot of money to invest then I think it'll be easier. The rich gets richer! The fact is that not a lot of people invest too much money in this cryptocurrency market, therefore, the case is not realistic. Furthermore, the more money we use to invest, the more risks that we have to accept. I don't think any people with no knowledge and a lot of money can accept the risk that they will lose their money for something they don't fully understand!
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This is what often happens in our crypto market. When a new trend is created, there will be quality projects, but besides, there are many scam projects. Oikos is also a form of Defi but Justin Sun has denied being behind Oikos's project. It was a sign of fraud, like YAM. So be careful, every investment needs a thorough analysis. Knowledge and experience are very important in times now. Good luck investing in your next projects.
Yeah! I agree with you! This is a common thing in the cryptocurrency market. Everytime a new trend comes up, there are a lot of good projects that benefit both developers and investors. However, when there is a hype in the market, it is also a good time for scammers to take advantages of! Therefore, be careful when you invest in any project especially DeFi projects!
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What is going on with the fees and why is an ETH transaction more expensive than a Bitcoin transaction?
Not always, this varies from wallet to wallet, as well as according to the different exchanges, there are bitcoin wallets that have higher fees than Ethereum and the matter also differs between exchanges where there are exchanges with low fees and other exchanges with high fees. Also, it is related to network pressure. You have to choose the right time to send. If there is high pressure on the Ethereum network, the fees are high and if there is no congestion the fees are low. This is right. We all can see that right now the number of ETH transactions is huge! The reason is that people are following each other to buy ETH for holding. There is rumor about the pump of ETH in the market, that makes people rush to buy ETH. It is a common thing that when the number of transactions is high, the fee will be high as well. Also, because the pressure is too much, the time it takes to finish the transaction will be longer!
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Crypto is unpredictable, you invested in this ESH for a reason, I think you need patience since development is still ongoing, you might end up been surprised what the future holds for this project, non active team is another thing entirely but that's not the case here.
Im not an expert when it comes to investment, but i have a background knowledge since we have Investment subject way back.. before you decided to invest on something, make sure that you're doing research and background investigation . also I advise that we should not put all of our money on 1 basket. One of the most important ways to lessen the risks of investing is to diversify your investments. That's so true! Investing is not an easy task, therefore, it requires us to have a lot of things. For example, to be a good investor, we should learn proper knowledge, skills, techniques that can be applied to the market. Also, having experiences is quite critical. Skills such as technical analyzing or doing researches are very important. You're also right that we shouldn't invest all of our capital in one project!
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yes I think we really need a stable coin because it will be very useful in saving funds for transactions and can be stored for the long term without fear of falling prices and also have low risk i really like coin stable
WE actually need it as a subtition for the fiat money and everyone will be able to using the stable coin as their best option for the cash. In crypto stable coin has a very important role and it will also increase the liquidity. This is right! Stablecoins in the cryptocurrency market have the important role! Because the cryptocurrency market is very volatile, investors need a way to store their capital without being affected by the fluctuations of the price. Stablecoins are created to keep their value as stable as possible, for example, the value of USDT is always around $1. Therefore, we can store our capital without worrying about losing value!
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I feel comfortable and safe storing my money in a blockchain wallet, but you can choose from other friends here, I've been saving my money for more than 4 years and it's not really a problem while using a blockchain wallet
Me as well! I'm aware that blockchain wallet can be a target for hackers. However, I believe in their security system. Some people choose to store their capital in a different method, though, I prefer to use blockchain wallet. Furthermore, it will not be a big deal if you don't store your capital in a place for too long!
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After doing research on the projects the rest is still on luck, not all good bounty projects do well after, there are high quality bounty projects in this forum that haven't launch till date or so something at all, some even don't give out updates anymore and members of this forum are already calling them scam
It's true we didn't know the project was a scam or not before it was used by many people and very useful. always believe in personal analysis to determine the choice of projects that will succeed That is what makes it difficult for many people to find a good project because they will initially give a good response but after all the fundraising has been collected and the project ends, they will show signs of a scam as happened in some cases of ICO projects. This is so true! We can't know a project is a scam until we get scam (of course we will know some obvious scam tricks, but scammers now are smarter than they used to be). As a bounty hunter, all the best we can do is to do very careful researches to choose which projects we gonna join. However, the rest is completely based on luck! There is a lot of risk and that's what we have to accept in doing bounty campaigns.
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USDT is on a major exchange and that means USDT is trusted by everyone so it can't be a scam. besides USDT is widely used by everyone to secure assets when the market is red.
Usdt is also listed on non major exchange . It's hard if will based on exchange to say that a coin is trusted or not . Usdt is not a pure breed of crypto and there are people that won't trust that kind of coins but for some it's not really a big deal , as long as we can see them being paired on crypto and most feedbacks are okay , we don't doubt on them . Many simillar coins that have same concept as usdt but as of now usdt ranked first . Agree! There is no certain way to prove a coin is trustworthy or not in the cryptocurrency market. If we have doubts, we should have doubts about all of the coins because there is a certain rate of risks exist. In my opinion, USDT is not completely trustworthy because we can't verify the total supply of fiat money that back USDT. However, as long as USDT provides benefits and have good feedbacks, we can skip the doubts for a bit!
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I will suggest for you invest 50% in Ethereum and Bitcoin and other 50% split in two or three coins which price is less than 05 cent and are in good exchanges from last two years and have at the bottom.
YES! I totally agree with your advice! Investing in BTC and ETH right now is a good way to ensure that there'll be profits. The reason is that BTC and ETH is increasing its value. Furthermore, people are believing that there'll be a bullish season for the market. Especially for ETH, ETH is going to launch ETH 2.0 which create too many hope for traders and investors. ETH and BTC is the way to go, mate!
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Based on the experience we have from the past regarding BTC, who knows that it will rise up to that value? I mean we can store more coins now and we'll just wait for it. Let's have faith in cryptocurrency and maybe someday we'll never know. I have a lots of altcoins right now and also converting to major crypto to have some. Just have patience and time is all we need.
You're right. We can know nothing. Therefore, we have the right to hope, to expect, to wait. As we all know, BTC and ETH is gaining its values, therefore, it's a good time to invest in major coins especially BTC and ETH. Right now, I'm choosing to hold mostly ETH and BTC because I have a strong feeling that they will pump sooner or later. However, don't forget that the pump of ETH and BTC can trigger a bullish season for altcoins also. Therefore, looking for some good altcoins to invest is a good idea too!
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