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Actually, most altcoins are totally dependent on the behavior of bitcoin, so if you are thinking about investing in ether to get good returns, maybe you should first invest in bitcoin, as the only way in which the price of ether can skyrocket would be like a side effect of the price of bitcoin going to the moon.
And although the price of $200 seems quite affordable in the short term, I think it will be a long time before we can again see ether over $1000, if perhaps we will ever see it again.
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Well, the human being has a natural tendency to incur all kinds of excesses, impulses, emotions and fanaticisms, but that does not mean that everything that develops a certain obsession can be called "religion", and this is especially so true in the case of bitcoin, because what people really want is not the possession of bitcoin itself as a cryptographic unit, but the potential economic power that means its possession.
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Undoubtedly there are already countless options to obtain cryptocurrencies, and much more will continue to emerge continuously as a result of the normalization cryptos are obtaining as a valid method of payment, because in the end most people are getting involved in these platforms not so much because of their interest in getting cryptos, but because they represent an additional source of income that can certainly help them cover their daily expenses. And as we know in this forum, as a rule, income in cryptocurrencies is usually more substantial than in fiat money.
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Always do some thing as some thing is better than nothing, so always do your job and you will get rewards earlier or later don't loose your hope take risk or loss a chance.
This should seriously take in minds that things still positive if you are willing to workout with your opportunities, work well and believe with what you think is good for you, don't take your time for granted and waste it for nothing, instead, find every single opportunities that will be open for you and make things possible as in returned you will soon benefits from what you've done right. I see now is an opportunity for us to regain what we lost last year. The market is gradually recovering with good information, first of all ignore the fear to succeed In my opinion, it is absurd to think that an eventual recovery of the market will lead us to recover what was lost last year because simply much of what we accumulate previously no longer exists, or became scam, or simply the market conditions will never be the same, because the same business scheme of the ICOs has already been modified to become IEOs, which will leave many bounty hunters out of the play. Therefore we should not generate false expectations, the golden age of the bounty campaigns has passed, and today we must be more selective and diligent when choosing a project in which to focus our efforts. |
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I think i believe in cryto because its already proven that has lots of potential in making are daily life easy and its the future  The view of cryptocurrency should be from this point, we are beginning to fail in the aspect of using cryptocurrency for what it was created for, and that is why OP picked his point for investment and profit point alone forgetting the fact that the key feature of cryptocurrency should not be neglected. If the purpose for which majority of us are using cryptocurrency is to use it and make payment, then there won’t be any thing elated to loosing that is making us to lose interest in cryptocurrency. We all need to go back to the original plan of satoshi, if we can see cryptocurrency for what it is, then we will learn that it is very necessary that we support it. While it is true that the original ideal that led to the creation of bitcoin persists in many of the oldest bitcoiners, to be honest the vast majority of those who have recently joined this ecosystem have only been motivated by greed, attracted by the fame that many fraudsters have given the bitcoin as an "investment" with the potential to create new millionaires overnight. Therefore we should not get too excited about the possibility of things changing. The crypto market is an open and unregulated market, so speculators will continue to dominate and guide with their investment decisions the direction that each cryptocurrency should follow, determining the failure or success of each project with their monetary power. |
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This strategy seems very good because it follows an elementary and apparently simple logic, however there will always be uncertainty regarding the viability of the new altcoins that continually emerge in the market, because given the high percentage of failed cryptos during the first year of existence, the chances of having a lot of worthless coins in the long run is very high.
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Stop thinking about the price for a while and think about the technology and adoption what is happening just now! More and more people are involved in cryptocurrencies, bigger and bigger partnerships are made everyday, better and better news comes everyday and price? Still same? It shows that whales are cumulating why other people who care about the price are selling them their cryptocurrencies for cheap.
While it is true that you are right in considering that the most important of cryptocurrencies is the great technological contribution they are making to today's society, we must not forget that in spite of everything, the cryptos are totally immersed in an open market where buyers and sellers are the ones who usually condition the value of things, and their capricious and emotional decisions seem to have more weight than the technology itself involved in each cryptocurrency, and that is why we see very good projects that die along the way, or real shitcoins with unreasonably high prices. |
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If we observe the behavior so static that the market had over several months, I think that we have finally reached the bull run that many expected, because only in this month the growth of bitcoin has been over 50%. However, I do not think that this bull run can be as intense as the one in 2017, because that was such an unusual year that I doubt that it can be repeated, but I have no doubt that the current momentum of bitcoin could well lead to it to touch the psychological price of $10,000 at some point of the year.
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I think that all the money in the world could hardly cover the necessary capital for each satoshi to be worth a dollar, even more taking into account that there is no forecast in which a single bitcoin can be worth 100 million. In fact, there are fewer and fewer analysts who believe that bitcoin will one day even approach the barrier of one million dollars.
But if this happens some day, I would feel very satisfied if the value of each satoshi were a penny of a dollar, because that would compensate the great efforts that many newbies have made to accumulate some satoshis in faucets or bounties.
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Actually, at the moment both schemes are going through a bad stage, so that even participating in bounties and airdrops is difficult to even approach the income that could be obtained a few months ago.
Therefore, I do not give up on participating in all those campaigns that I find interesting even knowing that I will hardly earn half of what I earned before, but fortunately through trading it is possible to supplement the expected income.
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The price of $ 2,500 I think will be very difficult because Bitcoin is at a low price compared to 2017.ETH is good Altcoin for long-term holding but the price you mentioned is that it's high.
Bitcoin is predicted to reach a million, if that happens we can surely experience the price of ethereum to be above $2500. By the time of bitcoin's peak growth ethereum too traveled along with bitcoin. It has made the price grow above $1400, and in the same way with the upcoming growth of bitcoin can expect the price of ethereum to grow above $2500 which right now is less than $200. I think that as time progresses, few still hope that the price of bitcoin will really reach the million dollar mark, but even if that were to happen, there is no way to speculate that the price of ether would necessarily increase in a proportional way. I prefer to be much more conservative in my expectations and I would not expect the bitcoin price to ever break the $100K mark, nor ether the mark of $2K. |
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In fact, the very principle by which the ICO market is ruled is nothing more than speculation, and it was to be expected that sooner or later a scenario such as the current one would occur, since there was no way to give long-term sustainability to so many projects that, in most cases, are no more than ethereal proposals without solid theoretical support, and without a market large enough to cover the capital needs that are usually very large in the type of technological proposals proposed by the majority of the ICOs.
Therefore, enough of absurd explanations and justifications. The ICOs should never have had the success that they had at the time, because the business model was never sustainable, and the big drops that usually suffer within a few days of being listed is a sign of that.
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I have also accumulated a certain amount of cryptos that, in case of recovering some of the maximum historical prices that were reached in 2017, could make me earn enough money to retire, however I am not satisfied with it, I do not resign myself to passively wait for a stroke of luck to resolve my destiny, and that is why I continue doing daily trading (both in crypto and in Forex) to cover my ordinary financial needs.
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Naturally, traders come to crypto currency with a loyal and considerate mindset
Which is to make profits from 1% - 50%
I.e a trader of 100$ investments wishes to get 150$ (50$ profit). But when the bull spikes comes in; instead of cashing out their profit, Begins to imagine building mansions and suddenly wants to hodl to 3000$
When they wake up the next day and are left with 25$; they say altcoin is shit, that is shit
What can be done to ease greed amongst investors ??
I think that, unfortunately, many amateur traders still keep in mind the idea that in the crypto market it is common to obtain 1000% profits in a matter of days. And although this may have been true at a certain point in the recent past, this is increasingly distant from the new reality, so at this time a veteran trader should not at all disregard more "realistic" returns, so even getting a monthly return of 20% should not be despised by anyone. |
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To be honest, I have also opted for the most reputable and prestigious cryptos over the years such as bitcoin, litecoin, ethereum and doge, because even though their technology seems to be surpassed by new developments, this market has shown to be quite reluctant to change and innovate, and still relies on the cryptos that have been established as a model to follow over the years for their stability and their powerful support community, surpassing many altcoins that promised to be strong competition for the above mentioned.
And everything seems to indicate that the strength of these cryptos will continue for many years to come, so I think they are a safe and profitable investment in the long term.
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when someone has knowledge in every field, especially in the field of cryptoqurency, of course that person can succeed. whatever the conditions they can survive the abilities they have. I was recently in the cryptoqurency world, but I still have a lot to learn about crypto. but I have high determination and keep thinking about how to survive here.
if we only rely on the sweetness of the words there is no change at all, we must dare to make a decision even though it is the worst possible!
I have invested in several altcoins when prices are low and also while waiting for the market to improve. to be honest I don't have high skills in the trade sector but have confidence that we can do this, besides that I want to learn from your experience too and then I will do further research if I feel that is true.
then what strategy do you do in trading?
I have always thought that one of the worst decisions that a person interested in the subject of investments can make is to invest his money in something that he or she does not know, without any experience, motivated simply because it is a trendy subject. Generally these naive people are those who end up losing everything and then go out to proclaim to the streets that cryptocurrencies are a fraud, recommending people not to approach this field so important for everyone. For that reason I would recommend you to inform yourself and learn more about this topic before getting involved personally in the trading. Someone who had to suffer many losses for more than three years before learning, tells you from experience. |
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Unfortunately, the experience that has been observed in previous tragedies (when bitcoin did not exist yet), is that people do not look for innovative alternatives, but tend to take refuge in millennial and traditional stores of value, so they exchanged metals or jewels and to store grains and food was always the most appropriate way out of contingencies, and apparently it will continue to be so, in the face of a world-scale cataclysm, bitcoin will most likely fall sharply in price, as the interest of humanity woul be focusing in secure the basics for survival, forgetting speculative assets.
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Is it a good idea in your opinion for me to wait for ethereum price to increase so I can sell it and move the money to more alt coins or should I just move the current amount of ethereum to other altcoins right now?  Ethereum in itself seems to me an interesting investment, because you have to remember that along with bitcoin have formed a pair that seems to be the favorite of many conservative investors, so it is expected that in the next bitcoin rise back to the $20K mark, ethereum could easily be around $1,000, so instead of wasting your valuable ethers on shitcoins, it would be worthwhile to hold your ethers as a good investment, safe and profitable in the long term. |
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Of course, I would be totally satisfied to see such a gradual growth in the price of bitcoin, but it is well known that markets do not behave in such an organic way, but tend to move in cyclical jumps; In addition, the behavior of bitcoin has been quite sui generis in comparison to all the commodities, currencies or assets that up to now exist, which increases the difficulty to predict the possible scenarios that could face the price of bitcoin in the years to come.
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It is true that risk is part of our lives as human beings, but that does not mean that all human beings are equally tolerant of risk taking, and that is why there are different types of investments in financial markets according to the risk profile of each one.
In addition, all that words in favor of high risk seems to me rather a justification for those who want to lose everything due to a lack of proper planning, because in a market as volatile and hostile as this, no precaution is out of the question.
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