There’s not much like with OP that I hold to date is bitcoin being mainstream in my portfolio and ethereum of course, also ADA. I am quite focused on paying attention to ADA. Because not only is it quickly able to enter the top 10 crypto worlds, but ADA dares to offer the concept of sustainability thanks to the idea of Proof of Stake which differs from other blockchain technology developers.
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Bitcoin as a digital payment system, is not designed to be controlled by individuals and certainly does not depend on any financial institution, because it is controlled by computer systems and implements pure market mechanisms, with no government intervention.
Because it decentralizes the system with peer-to-peer, no transactions in this system can interfere, even if it is a financial institution. A person can conduct digital transactions directly from one party to another without going through an intermediary.
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Nowadays there are many people who are looking for financial freedom through blockchain or crypto, we can know that now there is a great increase in adoption of crypto. But it is also necessary to be careful about investment in crypto because the crypto industry is very risky and there is space for scammers if you don't understand what is crypto. Don't be easy to trust people for investment. And for very many new projects, you can find them in this forum.
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We don’t know the future, and don’t know that bitcoin will reach $41k by then. So when bitcoin dumping in 2018 at a cheap price of $3k, then many of the traders and investors cut lost their money by the time they bought it at a high price. If you know now, bitcoin will rise again, perhaps many of them still hold it. I don’t know if anyone is still holding that long until now and hasn’t sold it. But surely if they still hold it, I’m sure in this ATH, they’ve taken profit.
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The possibility of ethereum to create a higher value than it is now is very likely, especially if ethereum can improve itself immediately to lower costs to low, it will make ethereum’s performance as a smart contract for crypto projects will be more popular and many fans. Although now ethereum smart contracts are still the no1, among other smart contracts.
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Trading in crypto sometimes manipulated by either whales or a group of people who hold a lot to their purpose. Therefore, in trading fully, we must be prepared for the risks involved. Because sometimes all those predictions aren’t entirely correct. For that, a trader must be willing if he suffers losses in trading. Because crypto trading it does not create to always profit.
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We do have to make preparations when at the moment we see all the time that they are in a bullish state. At some point the coin will undergo a correction or even dumping. Dumping will usually last longer than a pumping situation. However, for now we also do not even know if the situation will be the same. Maybe for ethereum he'll drop to $800.
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It requires bounty hunters to work harder, and even many bounty hunters who follow almost all bounties projects expect from so many that some are paying fairly and honestly, even very lucky if anyone pays big, although almost none at the moment. But sometimes everything we do becomes futile, when the project is unwilling to pay participants for many reasons. It’s a risk to be a bounty hunter.
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There is no secure investment in crypto, even if it is an investment in bitcoin. all cryptocurrencies have a great risk of loss. But behind that why investors always flock to invest in crypto? Yes because investing in crypto provides a quick and numerous returns. Even in the perspective of many people investing in crypto can make a person rich quickly. No one is safe but that profitable. However this does not apply to those beginners. It all depends on your skills and experience.
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Up and down the AME that’s what I saw on the exchange. many AME participants are selling their coins, probably because they fear AME will continue to decline in price. Indeed, from the first time listings to date decreased a lot for AME. But they helped also it because many still hold AME coins until now. If it is now a strong hand, it will maintain the AME price and is good if the team participates in maintaining the AME coin.
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The points in the article are indeed important to help those beginners who want to try investing in crypto. However, sometimes greed and not thinking rationally will only lead to a scammer. How can there be a large return from a small investment, unless it is a scammer who always promises a large income. We will not be gullible because that’s impossible.
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Nowadays bitcoin and ethereum are already high in price, but you can invest in bitcoin and ethereum. If you want to wait for the price to go down a little, it can too. But it looks like, if it’s a correction, it won’t go down too much. Perhaps for other coin alternatives, you can choose ADA or Tron or other top coins that have not done a massive pump this year.
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Depends on the situation. If I have little time to analyze the market, I occasionally use BOT to help my trades to avoid losses. But it’s completely unable to help. It’s just to minimize losses. But sometimes I also want to hone my skills in trading, when I have a lot of free time. Use BOT and there is no difference. By using BOT, for some traders it can be more relaxed.
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With the rise of bitcoin and followed by many altcoins nowday, of course they want to get the same opportunities if OP has gained wealth from crypto investments. Most of them want to earn instant wealth, which they think it can get easily by investing in crypto. But the reality is that it takes a long time to get a decent return from investing in crypto or bitcoin, and certainly with not a little capital. They must understand this before it becomes FOMO and harms them.
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It can’t be so fast that the doge will reach $1, because it hasn’t reached its market capitalization target. And looking at its large supply, it’s still dubious and contentious. Currently, the price of doge is still high, if you want to invest it is best to wait for the doge price to fall first. That’s what I’m waiting for too. Chances are the doge will still lower the price.
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Do you seriously have that much bitcoin? And never sell it, even though in 2017 bitcoin is at its highest ATH, and you just remember it now. Actually, this is very impossible, because it is possible that an investor will sell their bitcoin holdings if it has profited a lot. It would have been a billionaire if it had sold it at the highest price this time.
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We have to be faster and more responsive when there is a typical pump by doge. Typical pump doge this time is very high indeed from previous years. Surely the doge is dumping after this, and I wouldn’t miss buying a doge at a cheap price. Who’s smart he’ll profit from a pumping doge. Just have to be patient to hold the doge, maybe it’s just a year holding it. Then buy it back.
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Investing in bitcoin, ethereum is very good, only now the price is high, but I am sure that in the future these two coins will have a higher value. If you want to wait for the price correction, in order to get a cheap price, but of course we do not know when these two coins will lower the price. You should always monitor it so you don’t miss it. And determine what price to buy.
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