ICO is not a guarantee that the project will be successful, because most ICO projects are still limited to concepts and do not have clear references, but projects that don't make ICO or premine are usually serious and good projects. and I also agree on this, what about your opinion?
I think that in the market of crypto currencies nothing gives any guarantee. Participation in the ICO is a big risk. Each participant assesses risks according to its criteria. But even the combination of positive moments doesn't give you any guarantee that the project will be successful.
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I here and see that a lot of people are selling their altcoins for this reason or for that reason. In some cases I here that people are even spending their altcoins to buy Bitcoin. Now that one really has me confused. To me it’s way to early to be selling your altcoins. It’s like selling an original painting before it even gains in value or while it is still gaining in value. What smart investor does that unless they are selling out of fear or because they are desperate. For me I am holding all of my coins for now because it is way to early to even think about selling your altcoins; what say you?
I think that you can not tie your strategy to only one type of behavior. For example, you hold 400 coins, 1 year until the moment they bring you profit. At this time, I can sell and buy back the same amount of my coins several times, while increasing their initial quantity. Therefore, after 1 year, I will have not 400 coins, like yours, but for example 600. In the end result, I will get a profit higher than you. So if you are an experienced trader, it will be better not just to hold your coins, but all the time trying to increase their number. As for the sale of altcoins for Bitcoins, this is also a great idea. Periodically, a situation arises in the market when the price of altcoins increases relative to Bitcoin, and later the price of Bitcoins increases relative to altcoins. During this period, there is a great opportunity to either get more Bitcoins, or by selling and buying get more altcoin coins.
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Absolutely agree with that. Many people are too susceptible to panic in the market. This is primarily due to the low level of education in the subject of crypto trading. Therefore, I urge all those who wish to earn on cryptocurrency by trading not to be lazy to learn new information and constantly practice. This will give you an understanding of how you need to behave in the market. In the meantime, hold promising coins, especially Bitcoin. In the future, you definitely will not regret it.
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2019 has been a year with mixed feelings for crypto enthusiasts. A lot of bounty hunters have now switched over to trading, because bounty is longer profitable. Some that have combined the two (both bounty and trading), while larger percentage are still into bounty, despite not being profitable. I envisage that in two to three years to this time, the population of people on bounty will reduce drastically, because it will no longer be profitable as it used to be.
Everything will depend on the overall situation. I think everyone agrees that the cryptocurrency will continue to develop in the future. And this will undoubtedly provoke the emergence of new projects. New projects will need advertising. And best of all such advertising is distributed by the participants of the bounty campaigns. Therefore, until another way of disseminating information about the project is invented, the bounty campaigns will continue. But I certainly agree that such earnings may be only a small addition. Trade for ordinary people is the main income in this area.
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Always bear in your mind that all trading experts was came from nothing, so if you don't have any experience to do the actual trade, I guess it is much better to begin with the exchange that has a good volume in the market and huge traders to their platform. This is obviously referring to the newbies who are trying to start in trading, isn't right?
Yes, but not only for newbies. There are many traders who are quite comfortable with the usual unhurried trading. They don't aspire to a great variety and are quite satisfied with trading only on one exchange. Of course, if we are talking about experienced traders, then this option is not very suitable for that traders. One exchange cannot provide all opportunities for earnings at all, therefore it is necessary to trade on different exchanges, trying to extract the maximum benefit from it.
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Intraday vs HODL
In the current market situation which one best and what do u guys prefer
I prefer like to hold and buy more bitcoin. This is the time of bitcoin price increasing so I would not miss the chance to gain more than 100% by hold bitcoin. A few months ago bitcoin market was reach its equilibrium so this time for demand of bitcoin influence the market. The adoption is still growing so the bitcoin market equilibrium will not hold for long time. This is the time to buy more bitcoin and hold it. Yes, this is a good solution. But intraday trading can increase the number of bitcoins. Of course, this option is only suitable for experienced traders who understand the market perfectly and know when to buy and sell.
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.... which one you would like to choose if u only have the choice between BTC and IOTA?
Definitely bitcoin. Although, I want to note that my choice is such only now. If, at the time of purchase, my analysis would have shown that by purchasing IOTA I could potentially earn quickly and a lot, then my choice would be made in favor of IOTA. You must understand that nobody cannot say something for sure on the crypto market. Having made a certain choice, after 6 hours you can greatly regret it. So you always need to be careful and be well versed with what to buy and sell.
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When I started trading, I had no idea on charts and market sentiments but I decided to also benefit from the Pro traders as they move the market.
First of all, note that the market has mainly three sides, bull/green (short or long term), sideways, and bear/red (short or long term).
If you're an inexperienced trader like me, don't look at the sideways and red markets. Always wait for a green market (and it happens at least once every month). During that time, set a little target (say 10%-20%) you can even make more if you follow a good coin. Enter the market and take your profits.
Wait for the next round (probably a month a later)- you can keep your money in a stable coin, and by the end of a year you could make (10-20%)x 12 on your money.
Don't try trading everyday if you're not a PRO, they'll squeeze your money from your hands lol...and also never try catching tops and bottoms of you're not a PRO, they'll squeeze it once again. (remember you may be dealing with bots).
Merry Christmas (if you celebrate) and a Happy New Year to y'all.
Edited: This isn't to say that don't study the market. In fact you'll need to build your knowledge to survive in crypto, especially in these times, but this is a message to newbies who're trying out the market (fact is that, you can study the market as long as you want but if you joke all your money will be drained). Have you ever asked yourself why people in paid groups make the most money from trading, you just can't learn TA and FA lol.... There are PROs and they're moving the market so my trick is to help you also benefit as they move the markets. So that you don't try competing with them coz they can make you REKT, trust me.
Good post. Yes, for a newbie such actions would be a good option. But I would like to appeal to beginners. If you really want to become successful traders, then you need to develop. You cannt stop on describe above option forever. After all remember, whether it is a bear or a bull market, you can always earn money on it.
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Intraday vs HODL
In the current market situation which one best and what do u guys prefer
Your tactics should depend on your initial assets. It is impossible to give universal advice. If you trade daily, then trade. If you have the necessary skills, you will always do it perfectly, regardless of the market situation. If you hold certain coins and they have not yet reached the desired point of sale - then continue to hold. And if you bought a lot of coins at high prices and don’t know what to do with them now - then there are two options. The first is to start learning trading. The second is to sell your coins and leave the crypto market forever.
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In my view, regulation will be good for Crypto industry. As we can now see that many Govt are looking for ways to regulate the industry.
Regulation will be a good thing in the long run. It will build trust for the industry among the masses thereby resulting in mass adoption. With regulation, people will feel more comfortable and have a sense of security to invest in crypto.
I don't believe that regulation means we have to declare our portfolio. Just as nobody cares to know exactly how much you own in the bank.
Regulation will also help in curbing the possibility of using crypto to launder money and place a check and balance in ICO which will make it very difficult for scam ICOs to operate.
I say regulation will in the end be a good thing for crypto..
What's your view about it?
On account of the fact that no one is interested in how much money you have in the bank, you are greatly mistaken. Governments are in control of this issue. And if your account in the bank exceeds a certain level (in each country this is a different amount of money), then certain authorities will closely monitor where your money comes from and where it is spent. Regarding the regulation of crypto currencies, then the question is ambiguous. On the one hand, it really should help weed out some fraudsters. But on the other hand, regulation violates the idea of crypto currencies as a whole. Bitcoin was created so that people don't depend on the regulatory authorities. But in our reality, I think that regulation will bring more benefits.
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In crypto currency it is likely that
You will fall. You will fail. You will stumble. But facts remains that you must always pick yourself up as long as you remember that you are in control of your portfolio and choices And Nobody else can decide for you because you have
Nobody to blame for wrong decisions except Only you.
Remember Only you have the power to change your options and choices of investment Your time will come with you prevailing
In any business there is a possibility of everything that you described above. The only question is how each of us relates to the case that he chose. You correctly wrote that the most important thing is responsibility. If a person fully takes responsibility for his decisions and actions, then he will certainly be expected to succeed.
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ETH is on a bull run and suddenly Bitcoin fallen and pull ETH followed it, now do you guy think that it’s still possible for ETH to reach $200 when the upgrade come?
Well, buddy, you finally achieved your desired goal. Now eth about $ 200 and I think that in the near future the price for it will continue to grow. It seems that the market has become bullish.
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Do many people around you claim that bitcoin is bad? yes this happened around my place. I don't care what they say, even though I haven't been here long, but I'm sure bitcoin isn't as bad as they think, this is a future technology where when the future comes, we are ahead and they are still behind . I am sure of that! Yes, there will always be those who will argue that Bitcoin is bad. The main thing to adequately evaluate such words. In fact, it doesn't matter that there are some people who talk about Bitcoin is bad. The process of adopting Bitcoin is already running and full of its adoption is a matter of time.
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Seems like 'the voice of reason' here where too many folks are getting hotter and too much bullish. Also, take a look on some altcoins because they were hit too much in satoshi price. Altcoins are now absolutely naturally experiencing such a lower price. Firstly, there is a correction for a reasonable recalculation of the cost of altcoins in relation to bitcoin. Secondly, the price of bitcoin and trading volume is growing for a reason. In such a situation traders sell their altcoins in order to buy bitcoin, which is why we are now seeing a decrease in the price of altcoins. But when the price of bitcoin becomes more stable, then the distribution of finances will begin and traders will start to buy back altcoins. Altcoins season will begin.
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From the look of things it seemed the bullish trend has commenced and most of the langing indicators are showing uptrend signal. I am a lover of bullish trend and I do wish the market keep going upwards with a little reset along the ways and I do believe that we all has the desire of seeing bitcoin and cryptocurrencies market be in good condition. The bearish trend that commenced in December around 15, 2017 seem to be over and now we are awaiting another bull run that may create another pathways that we have never seeing before. My desired is that all the cryptocurrencies holders and enthusiast become millionaires, billionaires and the leaders of the world financial system.
Thanks for the sensible and kind words. Such support is now needed by many. Yes, indeed, indicators point to an uptrend. The situation is getting better and better every day. Now we can observe a consistent increase in prices.
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Now, in May 2019, the bull run really began. Of course, now the price of Bitcoin is rapidly rising, but I think that a correction will soon follow. Although it is possible that large investors want that traders will expect further correction. So now is the time when we all need to be on the alert.
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In my opinion, the best time to sell is when the market price of the coin is 20%+ higher than the market price at which you bought the coin. Dont wait till the market price is 95%+ before you sell. That only happens when you got your eyes glues to your machine 24/7. Dont be greedy... Make a little profit and grow it over time. Cryptomarket is growing and full of terror! Be careful
Greed is generally a terrible vice. It will never bring a person anything good. Therefore, from this feeling you need to try to get rid of. It’s better to go slowly and confidently towards your goal than to act impulsively and greedily. So I fully agree with your statement. Yeah if you want you can invest the small amount but you will have to wait longer for the growth, if you are aware of the market totally about price changes you can invest higher amount, but never be greedy to have quick profit, have patience and let your money grow for you according to the moved of market, take every step with care. The amount on which a person wants to crank a deal is individual. For one person a small amount is $ 100, for another $ 10,000. And of course my post applies to those traders who understand what they are doing. After all, there are many good traders on the market, but emotions often interfere with them. For those who don't know how to open trades well, I would advise to study more information on trading. But this topic is for another discussion.
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I say YES for quality ALTs with working teams and good vision. I think Cardano, Stellar are a couple of good ones! What do you think? In addition, I think you need to hold for a couple of years!
Periodically there is a good opportunity to buy altcoins. Therefore it is necessary to take advantage of the situation. There are enough promising coins to pay attention to. And it is not at all necessary to limit oneself to buying for a long-term one, it is also possible and necessary to buy coins for medium and short-term trading.
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The path of the eth is not easy. Especially now, when there are more opportunities to develop tokens on other platforms. Eth developers need to think about how to make their coin more relevant. Nevertheless, the eth continues to be a popular and promising coin.
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I lost all the respect for this guy when he began endorsing scam ICOs after accepting payments from their promoters. Now this new trick is to get some free publicity ahead of the upcoming POTUS elections in 2020. John McAfee has stated that he may run for the presidency. But he is not willing to spend any of his money for this purpose.
McAfee is a typical clown. It creates a lot of noise from nothing. He, being in a drunken state or in a state of drug intoxication, has long lost reality. He lives in his world with his reality. He, according to his own statements, didn't pay taxes for 8 years. And also used crypto currency for criminal purposes. Think about his words "run for president". He after receiving the charges he fled from the US authorities... Created another show.
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