It shows how worthless these tokens are. But still it is very profitable for creators, not for investors. When you pay 50-100$ for creating a new token with a website and then you achieve at least 300k USD market cap, you earn quiet a lot of money.
And about the marketing and community, you don´t have to pay it, you simply manage a bounty campaign and you have everything what you need for achieving the market cap mention above.
it maybe can fool investors temporary, but not all time. i believe that investors are getting smart and smarter everyday last year may we see many investors lose in this bad coins, but it isnt continously you can look that the shit tokens are rapidly reducing. it shows that investors learn from their experience That is more than enough, as an investor you do not need to be fooled by scammers for a very long time as long as they can deceive you long enough for you to invest your money with them then they have accomplished their mission, scammers are not here in this market to develop anything they are here only to steal money from people and while it will only take an investor one scam to become a lot more careful that scam can be enough to lose all your money. |
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News is not always true and news is only manipulated to make traders confused, but there is also good and accurate news that can help you.
accommodating news is a good thing and makes you think smart in evaluating all the news and will be your consideration as a choice, but the best choice is a choice from yourself and from the heart.
Trading the news is a mistake, by the time you get to know about the news and you think about the possible repercussions that it could have in the market, the market has already reacted to it, you need to react to what the price is doing, that is what I do and sometimes you are going to find that there is a reason for the movement that you are seeing but sometimes there is no reason for it and you just have to accept it and make a trade. |
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When you trade it is already given that it is risky but when they do trading with high leverage is even riskier since one small dump can make or break your trade. Leverage trading is good since it can allow you to increase your trade amount even without the money to do it but you have to make sure all factors have been considered and also you have to be ready for everything because we all know the price is very unpredictable and you can’t just trade without considering all the possibilities while having high leverage to avoid losing everything.
I have always thought that using leverage is a bad idea, in theory you could use leverage but you should reduce the amount of capital that you use in each trade in order to reduce your risk but then there will be no point in using leverage, so the only other way in which leverage could work could be if you are using a very tight stop loss and that you have a method of trading that has a very high accuracy otherwise it is impossible to survive using leverage for a long time. |
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ETH, Monero, Siacoin, IOTA, Golem, ripple are some of the well known coins which have a practical use. PERL coin came up with a good practice, the coin became opacity coin. What are the remaining alt-coins which have practical usage?
There are some coins that are used to buy the fees on exchanges whether they are centralized or decentralized so the binance coin and waves are coins with some practical uses, stable coins are also very practical if you are expecting the market to go down or you cannot watch your coins for some time and you do not want to risk the coins in which invested crashing while you are not monitoring your coins, finally dash is another good privacy coin for those that care about it. |
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Few good projects i have seen are having hard time to gather funds, they are still far behind to reaching their target softcap
1. Bitwings
2. EZ365
What do you have in mind about these two project? they are good enough to give a try for me, what do you say?
I don't know anything about these projects, but I think you need to stick to a simple tactic. Invest after the project overcomes the soft cap. Sounds like a good idea but doesnt actually work. Ive seen so many project reaching soft cap but have no volume in exchange because they are already draining the demands for their coin in the softcap and people are not buying anymore through the exchanges. It is always those project that struggles to reach softcap and finally reach it with blood and sweat that usually have a hard time gaining big liquidity in the exchange. If you want to know a good project just find that is hyped. Atleast they got the community to support the liquidity. Many only think about the money an ico raises but they do not realize that if an ico gets too much money then there is no one else to buy the coin and this means a very low volume, so many investors feel trapped in the coin since they cannot do anything else but to hold their coins and if one of the main holders get desperate then he will try to sell his holdings immediately crashing the value of that coin in the process, and for a new project this could a blow from which it never recovers. |
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I don't feel tempted by the current price of WIX, which is arguably being pumped, it is very unnatural and too kicky, and I smell the trap at the current price of WIX  . It could be that it is their strategy to attract interested investors or traders to be more intense in the movement of Wix. Yes it is speculation and prediction from market regulation. But judging from the roadmap and process of Wix, it is arguably appropriate if Wix is currently occupying a good performance in the market. But it is also the most harsh how you react to it, which certainly has all its risks. And just a few days later the price of the coin went from 0.0225 to 0.0047 which is an 80% crash from that price and that coin has crashed 97% since its all time high and reached its all time low just a few days ago, many never take the time to see what happens to coins after they pump and this is clear evidence that it is not worth to invest in those coins, by the time you see the growth of that coin and you try to take advantage of it then it is too late. |
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2017 is the year of the glory of Bounty, and at that time many people were sincere and worked honestly so that they were able to produce a Bounty project with huge profits. In contrast to now, many people are greedy and rascals. They deceive investors by running off their money, which makes investors very disappointed. And surely this has an impact on the Bounty Campaign now, many projects fail, so the rules are easily changed by the Bounty manager.
And I think this is difficult to fix.
I think you are idealizing those years, there were many scams in those days as well, but at that time there were a lot of investors willing to risk their capital in icos so many projects were capable of reaching their soft and hard caps without too much trouble and the developers had no problem paying their bounty hunters what they agreed to, but with the market in such a bad shape the developers are trying to save money whenever they can and bounty hunters are the first victims of this kind of thinking. |
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The last two years were totally worst for the crypto market as there was bloodbath of all the coins including btc but slowly the prices moved high and now bitcoin surged to $9500 in one day moving from $8200 so we can predict its the pump we all were waiting for.Next year halving will have greater inpact on prices of btc as they will rise to moon afterwards so we all need to wait for that time in 2020 till that enjoy the profits in short run.
The last years were very difficult but we have seen a good recovery during the last months, some are predicting we are going to see an even greater recovery during the next year but I am not so sure that will happen, it seems like altcoins have been going down for too long so it makes more sense to me that after the price of bitcoin recovered during this year that we will see the same for altcoins during the next year but this will require that investors once again trust in altcoins something that does not seem that likely now. |
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The best way to stay safe in crypto is be very careful when it comes to choosing a project or coin to invest in. To be careful here means the investor must read and research vehemently on the project in order to ascertain its authenticity and capabilities of becoming successful. Targets during the research should focus on the team and its expertise level, the product, the use case, the idea pf the project etc.
When you have to do so much just to try to not get scammed instead of concentrating on trying to make money with your investments then it is a better idea to just forget about investing in new coins, many do not like this idea because they do not want to entertain the idea of limiting their potential profits, but since my capital is limited I cannot risk my coins in projects that ultimately will not bring me any benefit and not only will waste my money but my time as well. |
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This is the most fundamental strategy of staying safe in the world of crypto currencies. You are simply supposed to buy expensive coins like bitcoin when the market is down like it was this year. Why it is important to buy bitcoin specifically in dips? Because in pumps this is the most expensive coin and that is the ideal situation for cashing out profit. Right now market is great for buyers.
wrong. this is only important in "world of bitcoin" and basically any other asset that has a potential for rising or is on the rise. otherwise in "cryptocurrencies" this not true at all. most of them are in long term dumping mode forever with some short term pumps which means when you see a drop you can not call it a "dip" and it won't be worth buying it since after that drop there will be more drops unlike bitcoin where after the drop there is more rise instead. Traders have different tools to make money and it always surprises me when they choose the wrong tool for the job, buying the dip is without a doubt a strategy that can be used very effectively to make money but this only applies to good assets, I really do not think there are more than ten coins in this market that are worth the risk of buying when they are going down and of all of those bitcoin is probably the only one we all agree is worth the risk. |
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I don't understand what's so hard about "buying and holding". Margin trading is a huge gamble. It always was and now you are doing it on a unregulated, volatile asset like bitcoin. I am sorry but whoever playing with this crap deserves to lose money. You knew the risks before getting into this.
+1 trading itself is a high risk business especially for those who have no clue but staright to trade with zero knowledge. common mistake that we have seen frequently, even more so the margin trading it is deadly , any pro trader/mentor will encourage to avoid the margin trading , i just can not understand the way his mentor teach them to trade. margin trading is totally a bad idea no matter for those who have a big bankroll or those who have limited bankroll. have a debt is something you should avoid all the time to achieve the real financial freedom, is it your goal? oh and margin trading is definitely a bd debt. This happens because traders do not really understand the risks they are taking, the best books I have read about trading have this in common, they try to do the best job they can to explain why trading is difficult and in some cases a dangerous activity and they teach how to take low risk trades, but even if a new trader was lucky enough to select the right books from which he could learn those concepts it could still be for nothing as it has been reported many times that new traders just skip those chapters and never read them. |
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No doubt bnb is already the king of its category which is exchange based tokens and i do not see anyother exchange based token to come even close to what bnb has become today, i think bnb and binance will maintain this dominancy untill they are popular and they are able to maintain their userbase and volume growth.
The bad news for BNB is that its fate will always be linked to the future of the binance exchange and while at this point in time it could seem impossible for the exchange to disappear we must remember all of those instances in which great coins and exchanges seemed to be too big to fail only to discover later that was not the case, so BNB is a good coin and will dominate the market for a long time but as soon as a weakness is shown you can be sure that dominance will end. |
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If bitcoin goes up, altcoin should also go up, because altcoin is too long at the bottom and only moves a little. So Bitcoin must be stable after it experiences an increase later, maybe after that altcoin will turn green all and maybe it will be the season, because the movement of bitcoin is at a good price. Now actually if we are patient everything will be repeated again like 2017, because that is history and history can be repeated again.
Too many suppositions, altcoins are not going up because investors do not want to get scammed anymore, more than 90% of the altcoins in the market are scams, with that kind of odds who is going to want to invest in altcoins and if for some miracle we see an altcoin season before the end of this year you can be sure that only good altcoins like ETH will be affected by it while the rest of the coins in the market remain stale and do not move at all. I think that 90% is a lot, I would like to clarify this figure. My opinion is that no more than 70% of projects can be fraudulent. I believe that over the last year the cryptocurrency market has developed very high quality. Even if you are right do not you think that is a tragedy? If 70% of the projects are scams that is still a terrible percentage, which person who sees those numbers is going to want to invest in altcoins? The truth is that the actual percentage of scams in the market is irrelevant what it matters is that investors do not feel safe anymore to invest in new coins, and once you have lost the confidence of investors then it does not matter what you try to achieve since you will never get it. |
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I am prepared myself for trading. But i need some suggetions from here. There are many way for trading in cryptocurrency. But i need correct one which is profitabe. I am prepared myself for day trading. Is it profitabe?
How to do it properly is the question here. I mean, not the expert here but had tried some daytrading which recently turned out as a cool idea. Watch market, educate constantly and use whatever saves your time to make thoughtful decisons. Not the easiest job but worth it! Every form of trading can be extremely profitable, there are only two issues, the first is if you know how to be profitable in that particular form of trading and the second is if you have what it takes to be profitable in that form of trading, in my case while I think I know how to profit from day trading I know I do not have what it takes to be a good day trader, I do not have the time or the ability to take really fast decisions and I cannot sit down in front of my computer all day. |
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Is it possible that we see another altcoin season, if Bitcoin breaches the all-time high and go above 20k? Do you find a direct correlation?
Yes, I read a lot of analytics on the neironix.io and there people write that now altcoins are greatly oversold, especially in relation to bitcoin, so I think that it’s real, when bitcoin grows to 20,000, the transition from bitcoin to top altcoins will begin and then we will see a new season of altcoins. Even if I agree that altcoins are oversold we must be careful, remember that the markets are driven by the emotions of traders so there is a tendency for the markets to be irrational, just because altcoins are oversold it does not mean we will see them going up soon, if anything investors could panic and drive their prices even lower, instead of looking at the market sentiment just look at what the price is doing and when altcoins recover some of their losses then you can invest in them. |
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This is also quite good if you invest not much, as a golden rule let’s never invest money that you can't afford to lose. In my view the source of money I invest in bitcoin is came from my salary, I just spend any amount I can afford to purchase bitcoin. It is also good that we think of the future that there is at least a return of profit that we can have once the value of btc will increase.
That is a rule no one follows, who has enough money to invest in anything and not being affected by it? Unless you are only investing a few dollars or you are already rich the majority of traders cannot follow that rule, the most important thing is that you are responsible in the way you invest and this most likely means not wasting your money in icos or any dubious coins, your profits will be smaller but it is better to grow your portfolio slowly than to get a huge growth and then a crash. |
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It is high time to invest in alts, especially those in the top, because they are cheap and are already starting to grow, I advise you to invest in ETH and BNB
Too soon, alts are beginning to show some independence from the movements of bitcoin, this is good if you want to invest in altcoins but all of this depends as we know on bitcoin, if it begins to crash then all the expectations for altcoins to recover before the end of the year will disappear, and for what I can see the possibilities the price keeps going down are not insignificant then the best course of action you can take is to wait even if that means you do not get to buy at the current prices. |
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I put in Litecoin halving into google and got:
"Will litecoin go up 2019?
According to oracletime.com, the advantages of Litecoin over Bitcoin will interest many new investors. Their Litecoin forecasts for the end of 2019 is $1000, but there are predictions that it could even rise up to $2000!"
Thoughts?
really? isn't that too optimistic? $1000 At the end of the year, I think it's impossible because Litecoin doesn't have a reason to go up. the only reason is to wait for bitcoin to be pumped. so to be able to make litecoin go up to $1000, how much bitcoin is needed to be pumped ?. 1000%? or 10000% so that it can come true? Do not bother people that have those kind of expectations are not being rational at all, we all can recognize that litecoin is a good coin, with a good development team and a numerous user base, that should be enough for litecoin to go up in value in the future, but anyone expecting 2000% at the end of the year is simply not looking at the same market as we are, maybe that was possible many years ago but today litecoin will be lucky to go up 200%. |
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I'd rather buy whenever I feel it would give me profits rather than to wait and regret it in the end because I was left behind and missed the chance to make money after 2 years of waiting in the bull run. Bitcoin's price dropped more than half of its ATH way back 2017, asking if it is the right time to buy or not doesn't make any sense at all, it is not that bad to make $10,000 (or more) when bitcoin make another ATH before this year ends (hopefully).
You are comparing the current price of bitcoin to the all time high that happened almost two years ago, what was the price at the beginning of the second quarter of 2019? 5000 and the price of bitcoin is almost the double of that, there was an opportunity to buy bitcoin cheap for almost a year and people could have taken advantage of such prices but they were afraid, now the price is above 9000 and to me that is a fair price for bitcoin but if you wait it could be even lower. |
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The altcoin season doesn't seem to have started yet, altcoin is moving very slowly because they are waiting for the bitcoin season. Maybe after that new altcoin can move up. So I have not planned to buy some altcoin because at the moment altcoin hasn't been able to give me much profit. I expect Bitcoin to fly first now.
if that's the reason then you should buy altcoins because the price is still low now, because it's useless when you just wait for the bitcoin season because at that time at least altcoins will pumps happen. so why buy altcoins when the pump is running, that's the wrong way because at least we don't need to wait for a pump to start buying It is too soon to buy altcoins, you would be right if the altcoin season was just around the corner but I do not see it that way, so the best option is to wait and avoid making any kind of move, I know you will not be able to buy at the bottom of the market if you do this, but very few traders do and the ones that did it will claim that it was a matter of skill but most likely it was because of luck, let the market play itself and only buy good altcoins once the bitcoin dominance goes down. |
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