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Generally whenever price falls people get so sad and panic sell their investment out of emotion which mostly end up as a wrong decision. We should keep our emotion separate while taking decision related to investment. Situation needs to be analyzed with all facts not by just trusting any news and accordingly we should decide whether to keep or sell the investment.
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I have trust in Crypto and believe that it will be a popular mode of payment in future. Many countries are trying to understand the crypto and working on it though it is difficult to replace cash with crypto fully as we need to have infrastructure and other resources to fully replace cash with crypto. But as crypto is developing, It will be there forever.
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In my opinion, after 3 years, many governments will work on regulating the crypto currency. Bitcoin will be in a stronger position. Though it is very difficult to predict market condition after 3 year but I am positive about crypto currency.
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Payments are being done in cash or through bank from such an old time and these means of payment are accepted and trusted by people. In my opinion crypto is a new mode of payment. Slowly people are getting familiar with it and have started accepting it but it will take time for crypto to be a successful acceptable medium of payment globally.
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I do not think crypto trading is addictive. It depends on the person – how he/she takes things in their life. If a person is trading in crypto, he should understand the volatility of the market and be prepared for the profit or loss.
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Yes, we should not give up on our dreams. But we should be clear about our dream and the right path should be followed otherwise we will waste lot of time and energy. Especially in crypto, to get success, we should not give up as patience is the key to success.
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Crypto has a bright future and it will survive. It will never come to an end. Awareness about crypto is increasing. People are curious about crypto currency as they see it as something new. It will be more strong in future.
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I think if ICO is not meeting its desired target funding/Soft cap, campaign gets extended. There are few scam ICOs also coming so it is difficult to get investor and hence companies have to market their project more and that’s the reason campaigns are getting extended.
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I think distributing cash to so many people who are participating in bounty campaign is very difficult. There will be transfer charges applicable. Also, ICO is to raise funds for the project and invite investors and If the project is a big success token value will also increase.
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In my opinion, if we are talking about a situation where a person does not even have enough money to fulfill his daily needs than how he will invest money in Crypto. But if he gets proper education and resources and learns to earn through bounty campaigns as no investment is required for this than slowly he will start making money and will start investing in crypto also, That way crypto can help reducing poverty.
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Technical analysis has to be done before trading. One need to do the research about the coin before trading otherwise it is very risky. Though Technical analysis and research also does not confirm the profit but it sounds safer than intuition.
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