end of this year will happen in the next 2 months, i think it would be wrong prediction
this year is still bad for cryptocurrency, just small of them can grow up even most pump and dump scheme
but in the more time, 2020-2021, i am optimis it would be right as the prediction that OP wrote
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i don't know what on earth would trigger the bullrun in the alts. i think we have seen enough of this bloodbath there is about 8 month left in the bitcoin next block halving and still market condition is not improving. is there will be any improvement in the alts or they all will die
i see from other perspective. yes you right altcoin have been low and lower everyday that's good for us to know what is shit and good altcoin. the shit will die, the good one will survive in this bad market so yeah it looks like a 'sort' for the next altseason
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who else think litecoin will go up huge
i think so, litecoin is old and good coin in the cryptocurrency. it has many communities who support litecoin we just wait in the next altseason (if happen), then, i have no doubt LTC would be huge in the near future? unfortunatelly, it wouldnt happen in the near future. IMO it would take years from now, i think 1-2 years
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Altcoin now are not yet in bull run. Bitcoin price is give effect to altcoin so once bitcoin down expect that many altcoins are down too.
sadly, bitcoin is on downtrend now. so it would be altcoin is down too as you said Now maybe you can wait for bitcoin price goes up so that altcoins will goes up too.
bitcoin needs long time to pump again, based on last halving, pump happen 1years after halving we have to be patience to wait, even its price is down more than 7,5k $
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as far i learned on bearish market, news doesnt impact so much to increase price. it would be useless
many people are still affraid of entering market, it makes the price cant increase too
the secure one i think we have to wait bull confirmation, but ofc it needs long time from now
we have to be patience waiting bull, or we can called altseason
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when patience is being tested, what are you doing in this market, is your routine still the same as usual or change other options?
we dont always watch market activity, we can do others usefull thing in trading, like read trading books, read CT, read and understand project, etc. selling at a low price is the same as selling a loss, and that is not a good solution. if you are a market player, you will know how to survive or take advantage of the market in any condition.
not always, selling a loss can be also part of trading strategy, it calls stop loss. we have to cut the loss to avoid bigger loss
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i think these are important for altcoins, so the altcoin which has could be long last in crypto space : - great project
- great team dev
- big community
- good exchange
- great milestone achievement
- great marketing
- fast growing
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be patience for waiting for lower price, approx 6-7k $ is better price you can get or if you dont want to miss the train, you can do average trading, buy it now with small % of your capital then after the price goes down, buy it more. it can help you to not miss the bitcoin price bcz we all know that bitcoin price is always ''surprise'' to many poeple
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Everytime there are coins that are being advertise we get excited
why did you say that? i dont think so, there are smart people here so they isnt easy to believe in something (coin) we are just excited about the bounty , and sharing links to others to make lots of refferal and bonus
if we speak about bounty, it would be different. they just are speculative to get bit of profit (payment), if dont, they just lose effort and time, not money. but at the end of the campaign after we found out its a bust we then release are sentiments toward it, how it fails and the campaign I think we should understand that everything are not perfect and we should be willing to move on after it , instead of wasting time and hate over the project this should be what we should do
i strongly agree with this. move on and find the new one
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you did wrong comparison. end of 2017 ICO success = ETH moon, now IEO success doenst mean ETH moon too 2017 and now is very different market sentiment. 2017 had many good news, many pumps coin including bitcoin, etc those made people FOMO and bought irrationally, that's why ICO, ETH, or even shitcoin could be pump so hard
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depend on situation, on bearish market isnt wise if you do long term. just make you look stupid in the market. the best one is do short term or do short selling that' why we need analyze the market continously, market is always time as time goes by just prepare strategy which is suitable in every situations, so you will beat the market
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I'm not interested in BCH but that lambo costs 47 BTC. It's a ripoff if you ask me. If I had 47 BTC i wouldn't spend it all on some car that's too expensive to do anything with. Some simple facts about a 47BTC lambo: It's fragile. If you get hit by another car your lambo is going to fall into tiny pieces. Every scratch will hurt you because a scratch on a new car worth 20k USD already hurds and a scratch on a car worth 400k USD will hurt 200 times more. It's going to burn so much fuel you better have 1 BTC left just for that. You're going to have sleepless nights worrying that somebody could steal it or damage it. You won't be able to even park it at the street. If Bitcoin pumps 10% you'll know that you lambo lost 20% of value in its first year and Bitcoin went up 10% that's a 30% loss for you.
Bad idea!
the main topic isnt "how worth buying lambo" but "how about buying expensive thing with crypto"
i still prefer to buy fiat bcz of crypto is so volatile. its price can change so drasatically so it isnt worth IMO therefore, selling crypto is better if any sell signal, not if we need money
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these are the order of thinking :
1. devs want money from investor 2. devs make project to attract investors 3. devs get money 4. the project runs, investor wants good exchange 5. entering good exchange needs much money 6. devs need money, not pay/ spend money 7. yeah never list on good exchange, investor dissapointed, dump that coins 8. coins become absolutly TRASH
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it makes bad image in cryptocurrency, so people wont have interest again if it repeats continously
from that problem, every investors should really know who devs are. check their bio, chat them, ask any criticize questions, so on. so we will know how the devs quality. we must really understand the project developed too, so, not snare by shit project
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I've been doing some reading about the reality of this ecosystem, creation of bitcoin and then alt coins, market experiences, the different projects objectives, a bit about the theory behind them incl pros and cons, and so on
you are great, reading before do something I made some investment choices but then read a bit more and decided to re-balance it i think re-balance your investment isnt good idea. your investment may increase because of your re-balance, but you miss the important thing "how to multiple your money" so it is wise if you just focus in that for your first crypto investment. after you understand enough and get many profits, then re-balance for 'boost' your profit BTC 36% ADA 23% XRP 21% EOS 8% QTUM 7% XML 3% ATOM 2% why do you choose them? what is your reason? based on technical analysis on fundamental anaylisis? if technical, what is your entry, exit, stoploss, and money management? if fundamental, what is core value which those coins have? you must answer that before you do this investment
my analysis based on what you told us, you use fundamental and will do long term investing (maybe 1-2 years), that's great. but you look missed something that is market sentiment, you can see many coins are falling down now. so the sentiment is so bad. so if you wanna do long term, you are better to wait until the market goes good again to get confirmation.
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many people have gambling character, they attempt repeatedly do invest in 'prospect' with high ROI they think it's okay lose some money they can afford, so they even dont be dissapinted getting scammed lol
The important thing for investor is just be rational :)
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DEX has a lack of features compared with big exchanges. based on trader perspective, they need good platform to trade big centralized exchange gives it and DEX doesnt, so it is reasonable if centralized exchanges get more attention and ofc volume even they know that centralized is so risky, but they still do
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It's hard to invest in a new coin with the so many scam reports about new coins, they are promising a lot giving a new concept and making huge promotion about their coin, so you'll just invest in their coin How Sure Are You That You Invested In A Right New Coin?
many new scam coins make investor affraid, it's normal and should be but, carefull doesnt mean that investor wont invest in new coins, because investor knows that there are still many good coins
I believe in new coin in binance IEO, it has good potential as far i know. im sure just with it bcs many IEO binance coins have good price, although i know there is bad coin but, we all know every investment has its own risk
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I have always observed that many of them and even have high ratings but still support suspicious projects, especially participants (social media).
Bounty hunters promote project just risking their energy and time to do, not money. So, they will try it for chancy if get paid they will happy, if not, it's okay, Just loss of energy and time. maybe this is one reason why many fraud projects are increasingly rampant, because someone always gives hope to them and makes someone trapped in it.
i dont think so. I believe that investors are smart people that should know scam or not you can see the total people who are trapped in it reduced. they have learned from their mistake(s)
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I found good article about ICO rating, it can explain to us that ICO rating is just a bullshit This is link of the article : This Is How Easy It Is to Buy ICO Ratings — An InvestigationI shocked read the conclution in the article It is frightening how easy it is to buy ICO ratings from supposed experts.
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