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For a thread that was created almost a year ago, many has this sense of optimism which, even though they were not able to experience it throughout the rest of the year (2018) then we can try to optimistic again for this year. We can make the necessary precautions and adjustments to be sure that we can avoid any pitfalls to our investments for the rest of 2019.
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As far as I am concerned, this is based on my familiarity with the said platform, it looks like there is a definite need to be more careful when it comes to investing to these kinds of cryptocurrency. I am not saying that do not buy but if you really trust the platform and you want to grow together with them then by all means you do invest. But still try to do cautionary measures so that you will not be losing your money in the long run.
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My thoughts on this is really optimistic. For the longest time since Ethereum was first introduced we have seen many changes in the way the cryptocurrency was utilized and we saw that many institutions and individuals are vouching for this cryptocurrency to be the next king after bitcoin. There might be a likelihood that Ethereum will rise in price but I think over a thousand dollars for the next 10 months would be too much for the moment. But of course we saw what happened in 2017 when bitcoin and most coins skyrocketed and went almost to the moon. We will see as more developments for Ethereum will happen this year.
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If you are going to take a good look at the charts, you will see that the wisest choice for investment would be bitcoin. Because it is currently on a plateau meaning that any changes big changes that will happen within the next 2 years will give good impact on bitcoin and if you invested a good amount of it then you will be able to get a handsome profit.
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It has been a while that I was not able to participate in Cryptocurrency. It has been like 6 months I guess since my last attempt at trading and participating in bounties. But based on what I am seeing the past few days, most of the veterans in the cryptocurrency ecosystem are still around and I think they are making profits. I do not see any of them going bust and I think that because of that, there is a good chance that cryptocurrency is on a plateau and will not go down. I has experienced these downs and maybe it is a matter of time before it will go up.
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I think in my opinion is that as of this moment for most of the holders right now, it is the only thing that they can do for the meantime and that is to HODL. That is because there is really no point for them to sell their coins at this unfortunate time in the said crypto times. Really nothing else.
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I do not know exactly how it works but there are trader who has their share of online strategies designed to maximize their profits and be able to reap huge amounts of money. Sadly I know most of them are not sharing those kinds of strategies and some are keeping it secret so that they are the only ones that can benefit.
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What I can really think of when it comes to getting money without any sort of investment is basically by joining some bounties and joining some airdrops. But be wary because bounties now aren't the same like the ones in 2017 and earlier. These one basically are tough now and most pay late as far as I am concerned. So be very careful.
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Definitely I am sure you had learned something from this. It is very costly and I am confident you will not make the same errors again by not selling some during the Ethereum peak. I bought around last quarter of 2017 and was able to sell half of it in December. Then bought again and sold at its peak. Now I bought some again during its lows and I am waiting for the good chance it will rise again by the end of the year.
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There are times when the whole of Crypto needs to correct itself from external forces that elevated its price during the last quarter of 2017. Now it is correcting to adjust to the right price based on what it currently moving in the markets. We can expect another elevation in the last quarter of this year as predicted based on trends.
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From last year I always believe in Cryptocurrency and I think I always been giving myself comfort to think that one day my cryptoinvestments will go up. Maybe it is time for me to stop this madness? Because for 6 months I have not earned anything from fake and scam bounties or it is taking long time for them to pay. I don't know what I am doing wrong in the past. But anyway hopefully it will not falter.
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What I always do with my coins is basically I just hold them until I get the desired amount that I want to earn on that platform. There is really no good that will brought about with Panic selling or even the fact that when you sell your cryptos because of emotions it will be a deadly affair.
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Not everything "convincing" is a winner, that is for sure. You can get tons and tons of whitepaper, websites that can rock and information that is as impressive as the U.S. constitution but all of this boils down to the players and makers of the said company. We can never tell what their personalities are, what their attitudes and things they like and dislike in general but everything boils down to them. One wrong move and your millions will go directly to the dust bin.
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Well, his own opinion versus the hodler's opinion. For one you cannot force people what to do with their investments much less meddle with their investment strategies. Many are hodling and that is how they do it. Don't shove your strategies to their throats hence you give them vital information like how to use their investments well. That can help and not just telling them not to hold.
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Well, when bitcoin and the other alts like litecoin were introduced like ten years ago they the developers and their supporters always boast the so called anonimity of the said coins. Nowadays those who do ICOs and airdrops tend to ask for their participants personal information. I for one am really opposed to that practice. Due to the fact that it was the said anonimity that I fell in love with cryptos. But sadly that is soon to change and I am afraid if we did not comply we might run out of coin opportunity.
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It takes a whole lots of patience for someone to deal with cryptocurrencies and it really takes some mental reconditioning so that one will be able to wait for a long time before getting any crypto profits. In your case you invested a very little amount so thats why you will only get very little returns if ever. If you invest like 500 ETH then you can expect your profits to be higher in time.
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I think my favorite altcoin at this point would be the one that was created by Jijothomas a long time ago. Still has little value but he is very determined to make that coin work so I think I will trust this coin which I am staking for more than a year now. And will wait forever to make that coin very useful in terms of value. The name of that coin is Likecoin.
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I think that KYC's are important for securing that the company is reliable enough to safeguard these personal information. What is dangerous at the same time is that many scammers tend to look legit and ask for personal information so we cannot really be sure which one is good and which ones are bad.
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This question has been asked over and over again by many people for millenia. Why cannot control such redundancy in questions or maybe the forum admins can at least remove the ones already been asked over and over again and then use only the old posts that we first asked? Anyway in my opinion this is not the fastest way to get rich and will never be unless you are a guru or something that can make miracles out of crypto.
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