What is happening now does not look as if any other coins can easily beat bitcoin, because just as bitcoin is falling, other coins are also falling alongside. It means that bitcoin is still a determinant factor in the crypto space.
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This is just the reality of this time and i feel it will not last for too long. I know dome people are already panicking because of the dump and the are selling at that same low price. We should know fully well that the market will still recover and things will get better.
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I don't just believe in anything people just say, i believe in facts. The space truly for now is undergoing some hard times, but that does not mean this time will not get passed. I believe strongly well in the altcoins i invested in. I believe in their future and i know that things will definitely work out fine.
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I so much believe in diversification and that i believe is the only way through which you can make safe investment in the cryptospace. Coins do not behave the same way at all times. The coin that you think might perform well, might end up not being profitable and vice versa, which is one of the reasons why one needs to invest into different good coins.
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My observation is that the number of bounty campaigns are increase, but the authentic or legit ones among them are reducing. So the percentage reduction is much. This is more reason we need to be careful when choosing bounty projects. Talking about the quality, it is true that it is reducing, but the main factor behind this is the bear market.
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If you do not have a job, then fine, you are welcome to the crypto space. As a matter of fact, you can give your full time to it and it will be worth it. On the other hand, if you have a well paying job and you are leaving for job for crypto, i will not advise that. After work, you can come back to crypto. Crypto can be done at leisure. It will not be good leaving your job and later get disappointed.
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You need to study a coin very well to know if it will survive. Look into the whitepaper, the roadmap, team and regular updates. There are several coins, but some have been abandoned. So invest into that with future prospects.
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Buying altcoins does not make you to loose, it depends on the type of altcoin you are buying. It is even possible for you to buy from the top 10 and still loose. You just need to do your research before buying any of them, whether top 10 or from to 100.
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Both TRX and Cardano are good coins that worth investing in. You can also consider other options. There are some very good coins that are just listed, you can research them before investing into them.
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Even at this time, the market is still down, yet so many crypto enthusiasts, most especially traders are getting their profits. Although,i envisage that by the last quarter of this year, the market will rise into bullish.
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There are times that some coins that you feel would grow, refuse to grow, instead they keep falling. So if you have the opportunity of having a very good coins, that you term as being strong, pls stick to it and get your profit from it.
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Most times, when i suspect that the price of a coin will fall, i sell what i have at that moment and buy back after it falls. The same happened to a particular coin recently. It truly fell and that gave me the opportunity to buy back.
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Personally, i do not hold much of eth, rather i trade and invest with it. Eth at this time is good for buy if that is what you want to do with it. Although, you can as well hold it until the bullish market comes.
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That choice of $50 is not likely going to happen. ETH and ETC are not in anyway comparable. That the supply is indefinitely should not make it to fall below even $200. If bitcoin should moon , then eth should follow after.
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The fact remains that even if some bounty hunters decide to hold, we will still have those who would dump, because they believe that they are just being paid wages. Personally, if if i am going to sell immediately, i do not sell everything at once. I sell part and hold the rest.
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The fact remains that even if some bounty hunters decide to hold, we will still have those who would dump, because they believe that they are just being paid wages. Personally, if if i am going to sell immediately, i do not sell everything at once. I sell part and hold the rest.
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I think that is a new development in the crypto space and it will give a lot of crypto enthusiasts to operate in the space. This a step forward to crypto in India. One thing i know of is that some other countries will soon be announcing their involvement and participation in crypto.
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Ever since i have been in this crypto space, i have been on the lookout for NEO. I bought some and after a month i sold it, but i sold in profit. All the same, NEO is a promising coin and i still envisage buying another anytime soon.
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For now, i do not think mining will stop. So take your time to enjoy what the crypto space offers you. You can mine as many coins as possible, just as you want.
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Our individual satisfactory level differs. Personally, if i have a coin or lets say i have 1000 units of a particular coin, i would sell 250 at between x2 - x4 profit. The next 250 units at x5 - x8. The remaining would now be sold whenever i feel like.
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