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it's sad to see that this volatility is as a result of news outlets or possible sanctions. So people run away and cash in. The crypto community in its own self can set its own regulations to withstand outside pressure. Once "investors" see that the crytpo community has gotten its own act together then they would be worried about possible sanctions from governments, and they too will have confidence in the space. Its up to us to set our own rules, than rules set for us.
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The project is as much as important as the community. And the product adds the attraction of the project to convince investors. The more people try the product and see its importance and use, the more they want to invest if they get interested with it. Let's admit, we as customer also gets attracted with products we see in department stores which was tested by promoters and us ourselves.
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There is a huge possibility of a cryptocurrency taking over the market. After all, there is a fair competition in between every cryptocurrency in the market. If a coin so great and better than bitcoin would exist and be available for the public, then it would undoubtly be heavily crowdfunded and obviously become bigger than bitcoin itself. But for now we don't see any in the near future.
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Basically the answer is that this very good for us. If more and more people will be engage in crypto, it means that there will be more investment. If more investment, more people will buy coins, alts, ICO or BTC. More buyers means more demands, if there will be more demands price will go high. If more people are using crypto, more companies will also accept it as mode of payment, again more demand = price of coins will go high.
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It all depends on how much you are willing to give time for the bounty campaigns and how much active you are on this forum. If you are active in the bounty campaigns as a full time member then you can easily handle 15 to 20 social media campaigns along with one signature campaign where your weekly income depends on how much engagement and followers you have in social media accounts. If you are experienced enough then you can also handle up to 25 campaigns along with the airdrops. If you are doing part time work then you can handle upto 5 campaigns per month on minimum basis. Positive engagement in your social media accounts will help you to manage all your campaigns in the best way possible.
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When market is falling you should be calm down and do not panic sell . One taptic when your loosing is you sell low but buy lower and wait for the market to recover and sell it high. Another is when you have extra cash invest as many as you can ,take advantage when the market is falling. Read also news about your coin you might read something positive about it or negative , or while at market crash you should drink some coffee and relax then return after a month😂
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Study the project team. Do the developers already have successful projects in the past. How much the idea of the project is interconnected with the technology of blockchain. Study the white paper. Is there a road map on the project website. Is there any support from the community. And if everything suits you, then you can participate. Only by fully analyzing projects, one can gain experience and learn how to choose good projects for investment.
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If the bitcoin block holds about 2500 transactions, then for the first BCH blocks this figure reached 7000. Thus, the prospects for Bitcoin Cash in terms of scalability at first glance look much better. However, most bitcoin infrastructures (wallets, payment services, etc.) do not support Bitcoin Cash and consider it just another altcoin, and not a "new bitcoin." This means that its use is still limited by speculation on the stock exchanges. All this pushes the question of the real value of BCH.
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Every one in this crypto world are waiting for the exact down trend to buy an exact lowest price of the token this are the crypto believers that want to get more coin unto down trend price but for the people who are already invested they are waiting for Up trend price an exact high price of the coin so that they can sell it outright and get more profit from their invested coin. Only two option that we are waiting the exact dip price that we want to buy more coin and the exact high price that we want to sell outright.
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Obviously ethereum, but if you had more doubts, you can pick on the top 1-10 listed on CMC, they are all can gives you a good profits in a long run, but dont expect to earn in the earliest stage of your investment. crypto currency made for the long term and not just for the short term, but if you want to earn in the short term, you can do day trade, but more risky than to hold a coins for the long term.
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Its not an easy thing to detect scams, especially these days when The scammers are very tactful with their dealings that make it almost impossible to detect the scams, some of the scam projects are very well planned that detecting that they are scams is not an easy thing. But if you are keen enough then you will see the indicators, i for example avoid projects with unanimous teams, if they are legitimate then there is no reason for them to hide their identities.
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My trading strategies are: Ignore success stories: Don’t buy into ICOs like they are lotto tickets. That’s what the crowds do time and time again. Know what you’re buying Sell quickly: If you make 20–30% in a few days, you generally want to sell quick. Don’t aim for 1,000% returns unless you have specific information Avoid coins with extremely low volume: If it doesn’t trade for $100,000 volume per day or more, be wary you can’t easily get out of your position.
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This, of course, depends on your comfort level in the crypto world. Many time, when I've invested in an ICO, it is more for the initial quick flip. There have been a few that I've decided to hold long term, including Seele and DAOStack. And, there have been a few that really burned me. When going into an ICO, do small volumes that you are comfortable with, in case you lose. If you cannot take a lose, just don't do it. Wait for it to hit an exchange, and gauge if it's going up from hype, or a true winner. If hyped, wait for it to fall well below ICO price.
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For me ethereum is not scam, your data is not accurate. Coins market is always moving with their supply, demand and speculation. Too early to say scam, is still have price action on coins market. But if you're sure that coin will scam I suggest to leave it and replace your money in another coin, like ripple or monero. Don't forget to use stop loss and buy only with 40% your money for safety. Good luck.
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In my opinion, that is a very good reason and it makes sense why many people like it from BTC. If very confident for the next one or two years, and with this long-term investment I am sure I can make a lot of money. if you act wisely, find a good alt that has a good team and is actively being developed, then go in for a good price and be patient.
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Ethereum, Dash and Ripple I would definitely choose Ethereum. Ethereum brings high stability. This is the second largest market for capcoin, after Bitcoin. Ethereum has the perfect blockchain technology, it is a lot of ICOs projects used, every day this altcoin has huge transaction volume. I believe that in the next few years, Ethereum will grow strongly and compete with Bitcoin on the throne of the cryptocurrency market. At present the Ethereum price is very low, only $ 497, we should buy now if we want to make a profit in the future.
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LItecoin is one of the ancient coins which survived ranking over this times. LC is not so dominant in the market but has a good market value as we can see. But in my personal opinion, I prefer BTC in investing in the first place as everyone may do If they know about Crypto-space well. But in terms of altcoins, LC will be my top 5 selection. I suggest, you select the best coins you see perfect according to your condition.
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Blockchain technology is able to eliminate intermediaries and improve existing operations models. The financial system on the blockchain will contribute to the expansion of access to financial services in all countries of the world. The new digital currencies will facilitate access to the system for people who are currently unable to use financial services. So, yes, blockchain is able to change to world significantly.
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in the event of a fall in the rate, you can not get a profit only on an even line of the schedule, while in other cases it is possible to exaggerate the funds, only the fluctuation of the exchange rate is necessary. for example, when a certain crypto currency falls, the fall trend is clearly traced further. you can sell it to buy at a low price, and as a result you do not get a profit, but an increase in the crypt.
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Obviously it will be Short term trading. If you know about trading, it will be helpful. Suppose, you bought a coin after 2-3 hours or 10-12 hours you can see the rise/fall of price. Then you should sell your your coin Though the price falling down. Then quickly buy more coin. Again try to sell. No loss here. If you loss eth/btc, you will increase coin.Follow this rules.
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