What is think is, just like what wise people says "don't put a food in a single bowl". So i kept many different coins to invest on, just in case not all coins turns good, i still had the other, but if all of them turn to be good then it's awesome.
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Right now, not just ETH, but most of the coins are facing a bearish moment. with sometimes it rise a little and dropping again. I think it still not meeting it's stable position. I hope it will reach that stable position soon.
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I still do hodling some coins, i still has hope that the coins that i kept will show it's fangs in the future. And in term of profit it should generate more profit that keeping bitcoin, because of the limited amount of fund that i had.
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Most probably the investors that put their fund in that Fraud ICO is because they got tricked, and perhaps it came from new investors who still doesn't really understand how the cryptocurrency work, and still don't have enough experienced to filter any good or bad project.
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That is also what i usually do when ever i see some coins doing great, and the coins that i currently hold isn't moving as good as i wanted. I usually sell those coins and move to another coins that has a good movement.
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Today’s event about ripple and Etherum has just shown to all that in crypto currency, prediction is not totally allowed neither is it the best resort.
We can only focus and do our research works The risk is inevitable
hope I get more ideas from replies
Doing some research is one of the most important things to do before we make an investment or purchasing some coins. Cause there are so many scam project that keep on appearing. If we don't do a precaution, we could end up being scammed.
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All i do is seeing the trends of cryptocurrency, It usually going up after some down periods. And during the year most of the coins are dropping their price, so there is a big chance that next year will be the time for the market to recover.
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Natural selection will also applied in this cryptocurrency world. All the good coins will surely able to survive, and any bad coins will be perish from the crypto world.
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Etherum is having a very bad situation now. Nearly 50 percent reduction only occurs in a few weeks. Of course this is a very difficult thing for anyone who suffers from Etherum. This is a direct loss, but when we can think more openly, we must know that the price of Etherum is very likely to increase. The quality of Etherum has been recognized by everyone and therefore Etherum has gained a very good level of public trust. So it's not impossible that the price of Etherum will increase again.
It is, even though the current condition is this bad, but i've always tried to put my trust on cryptocurrency. I believe there will be a way for everything to be better again. Until that time come putting trust in cryptocurrency and perhaps doing something that we could will also able to help the condition to be better.
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To be honest, i was feeling afraid of the condition where most of the coin falling down rapidly. But i tried to keep my composure and my trust in cryptocurrency while doing something that i could to make the condition better.
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I think this is the time for a test of trust on cryptocurrency. If we could build our trust on cryptocurrency, I'm sure the future of cryptocurrency will be even better.
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For me it would be perfect to have a bitcoin or ethereum as a payment. It won't makes us getting headache to wait for the reward coins to be trade able. So we can sell the reward without affecting the coin of the project.
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So if we previously make an investment in a coins or ICO, it should be able to purchase the coins now when it in a low price like today, It will open the possibilities to gain more profit and close the loss when purchasing the coin in ICO or when previously purchasing the coin in high price.
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For everyone that already understand how cryptocurrency work, everything will be fine even when the condition is like these days. But for everyone new in this world, it can be a nightmare with the market turning red all over the coins.
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In the market fluctuation like these days, we can't generate a lot of profit each time we trade. So taking little by little profit each time can be promising choice.
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Winklevoss Twins' Gemini Crypto Exchange Gets Regulatory Green Light for Litecoin Trading
U.S.-based cryptocurrency exchange Gemini, owned by the Winklevoss twins, has sealed regulatory approval to add Litecoin (LTC) custody and trading. The news comes from an official Medium blog post published Friday, Oct. 12.
Gemini’s vice president of engineering, Eric Winer, informs Gemini traders that they can begin depositing Litecoin into their exchange accounts as of 9:30 am EDT Saturday, Oct. 13. Litecoin trading will reportedly go live Tuesday, October 16th at 9:30 am EDT.
The coin is set to be the fourth crypto supported on the platform, alongside Bitcoin (BTC), Ethereum (ETH), and Zcash (ZEC). Consequently, LTC trading pairs will be available against all three cryptos, as well as against the U.S. dollar.
Winer’s post underscores Gemini’s thoroughgoing “banking compliance and fiduciary obligations” under oversight from the New York State Department of Financial Services (NYDFS). It notes that Litecoin trading support comes as the result of close cooperation with the watchdog, and that the exchange continues to expand with a “security-first” approach.
If it among LTC and ETH, then i'll choose ETH, but if there another option to choose. I prefer to choose XRP over those two coins. I think the market development for XRP is good enough to choose as an investment.
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So you have being wearing a signature for more that ten weeks. Each week you made more than 15 post on different thread on this forum. And just when you done with the campaign you have been asked to keep the signature for three more weeks while wait for stakes to be calculated. After stakes are calculated, it takes more than 3+ weeks for tokens to arrive in your wallet. and a month for the token to go on exchange. On exchange, all your token is worth for your hard work is just less than $50. How do you feel? How will you react?
Those things happen, to be true sometimes i feel regret joining that kind of thing, but i still need to keep on moving trying to gain more in a better project. Regretting to much won't takes us anywhere, it will only makes us stuck.
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I think many people think that ICO is an easy money generator, that end up creating a scam ICO that lately blooming just like a mushroom. Those makes the investors to hesitate to make an investment due to the amount of scam ICO that keep on appearing.
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The amount of cryptocurrencies out there is nauseating. Up in the thousands now.
Do you see a future where we're using a wide variety, or will one come out on top?
Technically, if one of these ICO projects create a be-all-end-all decentralized platform where all products and services are bought and sold, I guess it isn't impossible to one day have just one.
What do you think?
That is because everyone wishing to have their own cryptocurrency when they tried to create a new project. And sometimes the project coin doesn't has a significant use, and it end up overflowing the cryptocurrency world with unnecessary coins.
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For me new coins just like a double edge sword, if we con't choose it correctly it could end up hurting ourself, makes us loosing our fund. But if we choose correctly then it could give us a good payback in the future.
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