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1  Alternate cryptocurrencies / Altcoin Discussion / Re: Is there still future for digital currency? on: December 26, 2018, 04:19:35 PM
You need to understand how the price moves in the market.
There is not only an increase in prices, but also a market correction. This can be attributed to any timeframe. It is also worth considering that sometimes the correction is deep, which is what we are seeing now. This happens when a large overbought occurs on the market. Moreover, if we conduct a historical analysis of cryptocurrency charts, we will see that such a correction is not unusual. The market is experiencing this phenomenon not for the first time, and I'm sure that it is not the last.
2  Alternate cryptocurrencies / Altcoin Discussion / Re: Next month early January 2019. on: December 26, 2018, 04:05:44 PM
I will stick to the old plan: accumulate bitcoin, ether and ripple. All other actions will be based on the situation. If I see the possibility of earning money on any of the altcoins, then I will gladly take advantage of this.
3  Alternate cryptocurrencies / Altcoin Discussion / Re: What coin do you HOLD in 2018? on: December 26, 2018, 03:56:50 PM
Throughout 2018, I hold the following coins: Bitcoin, Ether, Ripple, Bitcoin Cash, Litecoin, Monero, BNB, OMG, Stellar. All these coins are considered worthy and strong. I'm sure that by 2020 they will return to their peak marks and will further increase their value.
Also, when possible, I try to increase their number.
4  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Should leave the market? on: December 26, 2018, 03:47:59 PM
The crypto currency market is too manipulative, so it is difficult to subordinate everything to any specific rules. Personally, I assess the situation is logical.
I'm sure that rich and powerful people are interested in crypto currencies, because them can earn very well on them, so interest in crypto currencies at this stage will only grow.
I'm sure that big players can influence the total price of crypto currencies, as they have the finances for this. And by their influence on price, they influence the mind of small and medium-sized traders who can be easily intimidated or inspired to buy or sell.
You can invest in any promising currencies and these are not necessarily currencies from the top 20. The main condition is the understanding by the trader of the main purpose of the purchase. For example, if I have a goal to quickly make a profit, then I will choose a coin suitable for this, the one that, according to my calculations, will quickly bring me a profit. And if my goal is to invest for a long time, then I will give preference to, for example, Bitcoin, Eth, Ripple.
5  Alternate cryptocurrencies / Altcoin Discussion / Re: what is the best decision on: December 26, 2018, 03:25:29 PM
I think you have several options for action.
The first is to do nothing, just hold. This option is less costly in terms of effort. The main thing is to really believe in the correctness of this choice. I think this is not the worst option, but there are others.
The second option is to sell your asset. But you must understand that this will only bring you losses. So this, in my opinion, is the worst of the options.
The third option is to sell your eth in order to buy it at a lower price, thus increasing the amount of the originally available eth. This action, if possible, can be repeated several times.
The fourth option is to buy additional eth at lower prices, which as a result will help reduce the average purchase price.
6  Alternate cryptocurrencies / Altcoin Discussion / Re: What makes you sure about next year? on: December 26, 2018, 01:41:59 PM
Of course, no one can guarantee that prices in 2019 will delight us, but personally I donít count on it. I believe in crypto currencies, I know that in the near future, crypto currencies will start to buy funds with large capitals, so I have no doubt that in the future the trend will definitely become bullish. I don't know how long it will take, but I know for sure that I will wait. And while I'm waiting, I trade parallelly, while increasing my profit.
7  Alternate cryptocurrencies / Altcoin Discussion / Re: Scammer Can affect the ETH price. on: December 26, 2018, 01:33:21 PM
I don't think they can move the market with their funds, i don't think it's enough, i wouldn't be worry that much only whales can bring down the market and no one else, a single scammer wouldn't be able to do anything to the market.
Everything is not as rosy as you imagine. Recall, at least, the EOS, which periodically sells its 400k eth, thereby affecting the exchange rate of the currency itself. Yes, as for the EOS, we are dealing with a competitor of the eth, who is really interested in this, but it still clearly shows how such a sale affects the currency exchange rate.
Now imagine that in the conditions of the market, with small volumes of trades (as we have seen recently), some kind of scam project will sell at least 2-5k ether. And you think it will not affect the course of the eth? You are wrong.
8  Alternate cryptocurrencies / Altcoin Discussion / Re: Is ICO regulation good or bad? on: December 25, 2018, 04:06:04 PM
I think that ICO projects need to be regulated. This will reduce the likelihood of meeting with scam projects. After all, today, because of the many low-grade projects that were invested by early investors, they (early investors) have already refused to participate in ICO, and possibly from investing in crypto currency in general. Also, such projects, after reaching their financial goals, can simply sell all the collected eth, which significantly affects the exchange rate on the market.
All of these factors don't improve the acceptance of crypto currency by the community. That is why I think that ICO needs regulation.
9  Alternate cryptocurrencies / Altcoin Discussion / Re: Will the Crypto market collapse on: December 25, 2018, 03:43:02 PM
Of course, in tens of years we will not see most of the currently existing crypto currencies. But that's not the point. Now there is a formation of crypto currencies, the crypto market and including all these relationships. It is on the basis of what will be created now the world will be built with a new form of monetary relationships.
The crypto market will not disappear, on the contrary, it will replace or fully complement the existing fiat currency market.
Now many, including the goverments of many states, see the advantages of digital money. Over time, this understanding will only increase and take root, and then real actions will be taken to create conditions for the universal use of crypto currencies around the world.
10  Alternate cryptocurrencies / Altcoin Discussion / Re: Buy now or wait? on: December 25, 2018, 03:25:07 PM
I think the purchase of currencies by a ladder will be suitable for you. None of us can say for sure what price will be the lowest, so if you plan to purchase, start doing it now. And of course, when buying, it is best to give preference to promising coins from the top of the top.
11  Alternate cryptocurrencies / Altcoin Discussion / Re: Worst year of trading for me damn on: December 25, 2018, 03:03:37 PM
Judging by the actions you described, it can be concluded that you didn't have a clear and reasonable plan.
Personally I, when I cannot understand what exactly is happening with the market, I don't trade until something changes. Only after the situation becomes clear for me, I form my action plan based on my assumptions.
For example, the price of my asset falls and I assume that the fall will continue. But I know that the fall is not continuous. The price falls, but not constantly, there is a time when it is slightly corrected and at that moment it is slightly (or significantly) rising. In this situation, I can act in several ways:
1. try to average the initial purchase price;
2. selling an asset in order to buy it back at a lower price (this action can be repeated many times when it falls and as a result I will have a profit. And this is an increased number of coins, the surplus of which I can leave or sell);
3. selling an asset in order to transfer money to a more promising asset that is more likely to bring me a profit.
In order to make this happen to you no longer occur, evaluate the market without emotions and make a plan of action.
12  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum will overtake Bitcoin on: December 25, 2018, 02:41:14 PM
I strongly doubt that this will happen. If you have any thoughts based on facts, I will be glad to hear them out, and so your statement has no value.
Personally, I think the ether is a great coin and I keep some of my profit in it. But common sense suggests that bitcoin is more reliable. Do you know about the Lindy's effect? It states that the expected life of a nonperishable asset is proportional to its age. I think, subconsciously, this effect is understood by everyone. Therefore, trust in Bitcoin, as a currency that has existed for 10 years, is much higher than any other currency.
And this is only one of the many reasons why Bitcoin will not give up its position to any other currency.
13  Alternate cryptocurrencies / Altcoin Discussion / Re: KYC is simply just to cheat bounty hunters. on: December 25, 2018, 02:27:49 PM
In essence, such campaigns leave a loophole, thanks to which, they can weed out some of the participants to who they are not willing to pay. After all, if it was a matter of honesty, then really the participants would have to go through the KYC before becoming a participant in the campaign. On the other hand, in this case, if the project at some point renounces its obligations to pay the bounty participants (and we know that its happens), they will have the personal data of the participants, which may cause a wave of indignation. But in this case too, the project simply wants to protect itself.
It turns out that from time to time all the bounty participants have a deal with unscrupulous projects. This factor just needs to be taken into account, because really we can't change anything.
14  Alternate cryptocurrencies / Altcoin Discussion / Re: who is responsible for the scam project on: December 25, 2018, 02:14:46 PM
Yes, the negative impact of scam projects is difficult to overestimate. Due to participation in such projects, some investors, especially beginners no longer trust crypto currencies. Those who trust these projects are then forced to suffer losses.
Unfortunately, responsible for what is happening is difficult to bring to justice. To date, there is no legislative basis for regulating this.
Perhaps the initially high and stringent requirements for creating projects will help remove some scam projects. But we all need to understand that a lot of money is at stake, so fraudsters will make every effort to get what they want.
15  Alternate cryptocurrencies / Altcoin Discussion / Re: Have I joined at the wrong time? on: December 25, 2018, 01:41:20 PM
I think that now is the right time to enter the market. Now, if viewed globally, the market is in the phase of accumulation. In this phase, it seems to most small traders that buying crypto assets is impractical. But they are greatly mistaken, since this is the only correct phase for investing. If you invest in cryptocurrency now, then in the future you will have an advantage over those who will buy in the second (rapid growth) and third (distribution) market phase.
Don't listen to the opinion of those who don't know how to really work in the market. Invest now in promising coins. It is better to opt for bitcoin, lether, ripple. In parallel learn how to make money in the crypto market.
And read about the phases of the market, it helps a lot in understanding what is really happening in the market and drawing up a plan of action.
16  Alternate cryptocurrencies / Altcoin Discussion / Re: Scammer Can affect the ETH price. on: December 25, 2018, 01:29:28 PM
Unfortunately, there are scam projects and they are bad for cryptocurrencies and the crypto market. Such projects undermine investor confidence, which in the future no longer want to link their finances with cryptocurrencies. Also the problem is what you described above. Having collected a sufficient amount of ether, scam projects simply dump it back onto the market, thereby pushing the price of ether down.
Such projects unambiguously cause great damage, so this is exactly the area of ​​crypto relationships where regulation is necessary. Projects must comply with certain standards and be accountable to investors and the crypto community in accordance with established laws.
17  Economy / Speculation / Re: BTC is rocking are we nearing to the bull run? on: December 25, 2018, 01:03:37 PM
You should not consider the market as a continuous series of bull run and a bearish trend. There are 4 phases of the market, it is:
1 - accumulation. This period immediately after a long fall. And now we are in this phase of the market (we see that now the market is moving without an obvious trend).
2 - the period when money is earn. This is when the price breaks through the base and is rapidly going up (now we donít see this).
3 - distribution. After a rapid uptrend, the price again begins to trade in the side range.
4 - downward trend. Here it is clear that the price is moving down.
These phases of the market can be applied to any timeframes.
And if you look globally, now we are in the first phase. I see no signs of the second phase yet, but I suppose that we will see a real bull run no earlier than the summer of 2019. Of course, until the summer, we will locally experience all these phases many times, but there will be no real market reversal.
18  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ripple: A long term investment or short term? on: December 22, 2018, 09:17:03 PM
Ripple is one of those token that are already in use. Ripple has a strong and smart team. This project is constantly evolving and meets the requirements of the time. The ripple team has shown its ability to solve real problems. This coin has many advantages in order to invest in it for a longterm.
19  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Do you always invest in top ranked coins? on: December 21, 2018, 10:44:49 PM
First of all, there may stay promising coins, projects that are developed and supported by development teams and of course Bitcoin.
But you should not be 100% sure that these coins will surely survive. The crypto market is highly unpredictable, so don't forget that you need to have other sources of income other than crypto currencies.
20  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Last quarter hope? on: December 21, 2018, 10:31:03 PM
Of course, the bull run will not be this year. Many relied on this, but the facts are telling the contrary. I think that the next bull run will start in half a year, when the big players will buy bitcoins at low prices. All we can do is learn to make money in such conditions.
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