Yes, that's what traps most traders as they will be aiming to make X10 without being contented with the profit they have made. Crypto trading comes with due and appropriate knowledge of which greed is not among. A true trader exit the market with profit no matter how small while looking for another to enter.
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First I don't really know what will make someone borrow in cryptocurrency knowing fully well how this space is, that is, in terms of volatility. To answer your question, I don't think it's a good idea and as such I can't do such.
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This is a growing trend now, although it's yet to be massive but it's getting the right attention. One thing is sure, with genuine projects coming on board and offering genuine services while existing projects keeps enhancing many platforms will accommodate cryptocurrency and thereby accepting it as means of payment.
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Yes, that's true. Adequate and proper research is needed. When this is rightly done the hardwork invested in promoting the project will payoff. The problem is, most ICOs comes with hype (although not all) then attracting most people who then fail to make research and follows just because of hype, in the long run its either the project turns to scam or the hunters ends up not getting paid.
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One thing I always know is, anything with value will surly stand the test of time. When Bittcoin came into existence many things were said about it, but today the reverse is the case. All those who said ill things about cryptocurrency last year, I wonder what they will be doing now. Cryptocurrency has come to stay and there is nothing that can stop it, it will continue growing from strength to strength.
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The future of cryptocurrency is bright and nothing can stop it now. Cryptocurrency has passed through fire just like gold thus have been refined which has attracted institutional investors. With time, people will stop going for hype projects and will go only for projects which has something to offer through this way, scams will reduce, while worthless coins will fade at the long run mainstream adoption will be assured. In conclusion, the future is indeed assured.
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That's right, if one aims to go far or aims to attain a certain height, then fear should be entirely removed. When one is armed with courage he will for sure go far in life, thus bringing this notion to the crypto sphere, removing fear and replacing it with courage and determination, the end result will surly be success.
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You really took a great risk and going by when you bought and the current value now, looks like you are in profit. But yet, I don't think it's wise investing all savings into one coin. Well, it's your decision but next time try investing your spare or that which won't hurt you if it goes bad. Just an advice.
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You really nailed it. Having the right knowledge of this space will go a long way in helping all and sundry achieve their aims. Indeed our destiny is in our hands and it's wise to make the best we can with every given opportunity. Cryptocurrency is an opportunity and as such should be embraced, but first knowledge is required.
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Competition is good as it makes both team to work hard on their project. Therefore, XRP always competing and overtaking ETH is good, of which ETH will always bounce back. But one thing still remain, that ETH will continue beating XRP for the number 2 in this space, because it's better than XRP(personal opinion). Also, ETH is one of the coins I hold tightly as I believe so much in it.
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One thing that always comes to mind about banks is that, money is stored somewhere and the administration have control of users funds. So talking about crypto bank, how will it be done so that those who developed the project won't have access to users funds? How will funds be stored in order to make it or call it a bank? This is huge and I doubt it will ever work out. In this space, the moment a project have control of your funds it is no longer decentralization.
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First there are many cryptocurrencies (although only few are legit) that promises one problem or the other; that is to say each cryptocurrency has a problem it aims to solve. For example, ETH introduces smart contracts which is being used by many projects now, at least one can say ETH is helping those projects to launch and build their platform. So, this is the case of other true projects.
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Yes, you are totally right. The crypto is evolving everyday just like every other system and as time goes on it will be efficient while achieveing mass adoption. One thing is, patience is highly needed.
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I agree with you which is why most people are shying away from getting involved. Nevertheless as time goes on, and possibly with mass adoption more services will be enhanced thus making it user-friendly so that all can join irrespective of their knowledge of the crypto space.
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First am glad Facebook is getting associated with the trending technology. with that being said, once they succeeds many platforms will follow suit. We may not be able to confidently say Twitter, it could be them or another.
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A clear look at Ethereum blockchain will surly answer this question. Ethereum brought in smart contracts, now the question is, ever since then have there been any negative effects? I don't think so,. That is to say, smart contracts are very useful in ensuring adequate processing of transactions while maintaining complete transparency.
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Yes, ETH is an interesting and amazing project, both it's products and services are top-notch. Apart from BTC, ETH is another coin worthy of investors money. Also, I know with due improvement, the blockchain will surly be scalable.
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One thing about upcoming innovations is it takes times, it gets kicked on , it passes through many things and yet still come out strong. Blockchain technology and as such cryptocurrency is one of such, this stage the market is on will surly pass and cryptocurrency will revolutionize this world. All that it will take is time, but surly the market will recover.
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Yes you have said it all, determination and persistency is the key. When one is determined to get a desired results by committing his time, he will surly succed. This is the case with the crypto space, those who are determined will smile at last.
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We were in the same boat, used to happen to me until I stopped following the crowd and decide to take another different step. Relax buddy, go for good coins, trade wisely and stop following people's choice.
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