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Without patience, you can lose a valuable coin by selling at a very low price. Secondly, knowledge is also an indispensable key in crypto which without it one cannot have a success trade in crypto.
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Yes no need for that. maybe we cannot make any profit this day but trust me, you can always make a profit on the other day as long as you keep trying to make that profit. you know the risk, you accept the risk, and then you will get the profit. it is always like this every time.
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A welcome development for cryptocurrency users. Russia is known to be a powerful and dominant country, I hope with the move russia made will also influence other countries to follow and accept cryptocurrency as well. With this big development, we can expect a huge increase of cryptocurrency users.
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With the many outgoing coins now we do not know who to trust in it. Alot of them are scams. So I'm personally on Bitcoins, Ethereum, and Litecoins just because it's naturally rising and without price manuputions. And yet these coins have long been in the industry much of what is proving especially the bitcoins.
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Though the ICOs are claiming that they require KYC during bounties and airdrops to avoid fraudulent activities but we also need to keep in mind that, these KYC data can later be used for identity theft and identity mining which the fake ICOs might do for their own profit. In my opinion, KYC should not be required.
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Many projects are dead due to the market condition and also by the people working for many of the companies administration and members not so active which makes the coin vanish from the market, the base of the coin leads to its durability of in the market.
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Soft cap is the amount of investment that will allow the project to start with minimal technical preparation. Hard cap is the maximum amount of investments, at achievement of which further attraction of funds will not be able to accelerate the development of the project.
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Cryptocurrencies are spreading their utilities in different aspect of financial transaction. Not all the existed cryptocurrencies will be able to hold their value in times. But I guess the established currencies like BTC will survive. Well that's my own opinion though.
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Yes, KYC is required if you are a buyer or investor to a certain coin. because some country requires it for regulation. However if we talk about bounty and still they require KYC then it is out of the question. However they only do that to filter out those who are cheating with multi account.
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YesI think crypto has started to go strong again and i believe it will continue to do so in future time as well. So i would consider this a good time to buy cryptos. I myself has bought 2 ether past weeks and started to be in some profit.
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Continue on holding on to it that is if you have the coin. If you think that your coin doesnt have the capability to bounce back then trade it for a better one that you think will have the fastest growth. Nothing can be done if the value is dropping because it is out of your control you just have to strategize and decide on which coin you should get a hold of.
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As crypto is becoming more rampant, ETH also is becoming very useful in these days. So, by predicting its value in the next few years, I can guarantee that this will really have a good value and it's now the most useful coin.
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I f you really have 12 bitcoins at the moment I'd recommend you keeping it, because the crypto market is experiencing unstable prices. You need to be patient and wait until the bitcoin price increases again, and it will increase your profits. That will help in no time.
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Never say, It's not too late to join the token market at any time. Now that Bitcoin and ETH cannot create a lot of profits for us, some new tokens still have such potential. We only need to be careful. Analysis and observation.
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I think that if we panic and sell the cryptocurrencies in a hurry, it will cause the market to fall quickly and we will lose more money. This is just normal fluctuation to adjust the market. Prices of BTC will increase again and of course the Altcoin will also increase.
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It's very important that we have a basis for the good ico so that we didn't depend only by their review but we can also make our own review that can help us to become positive always in their project because we know that their project and coin will have a potential to adopt someday in all over the world that can help us to earn more profit.
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Agreed. Some even stopped in the middle of the project because of conflict between developers. Some didn't succeed on their presale and crowsale. I trust some of thw projects but I need to study my research first before I will invest into something. There are also some projects that wants long term and some wants profit un short term. I would rather chose the one that is for long term.
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Always select the trade that suits you. A swing trading where you wait for a day or a week before buying and selling or position trading where you with for a long time depends on the amount of profit that you would like to take. Alarm apps for crypto is also very helpful so you don't need to check your phone from time to time.
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According to some people, they said they are here for the money while some other people say they are here for the technology. Well, I am here for both so I cash out whenever I need money though I try to diversify my portfolio because there are coins which are there just for holding because I know the crypto industry is still young and there is large room for real growth.
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I am here because I want to earn a money from working for a bounty and receive the reward. Almost users here is because of money. So that I enter this kind of forum to help me with my financial problem.
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