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Altcoins that have good characteristics and that are useful are the ones that can survive in market challenges. There are only few altcoins right now that have future because of its unique functions.
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If you are involved in Bitcoin, especialy as a trader, it's inevitable that you will feel both. You can't escape stress and happines comes as a reward for successful trading and profit.
The key is to maintain the balance and not to allow the stress to become dominant. But for that takes time and experience, to learn how to control emotions and to to hurt yourself with too much stress.
In the other hand the right amount of stress and exciting could be a motivation to move further.
I follow the quotation about "we are always until the market proves you right". Loss is inevitable and is the reason why we should have risk management. I also developed my trading psychology in order to handle stress and manage my emotion very well. |
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You are introduced by your friend and you just invest because you follow what you said, it is bad investment because you do not have enough knowledge about the coins that you bought.
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Difficult choice. I think if you want to take profit quickly or play short-term, I choose a lot of hype even though it's shit exchange. It could be a good project but lack of funding or not finding an agreement to enter IEO top exchange. For sure, don't play too long on IEO, fast come fast sell. Because of course whale must be there too.
IEO It is suitable to be followed from a successful exchange project. an example is IEO from Binance. we certainly know that binance provides quite a lot of benefits for their investors by doing IEO and it is very clear that IEO is the most successful of all time In my opinion, IEO is the fastest way for that project to be successful in this market because the demand for investment in IEO has been on the rise recently so if you can participate in big projects then the opportunity to earn high profits will be very easy. I have participated in several IEO at exchanges such like Kucoin, Binance, Huobi and most of those projects need a lot of luck because not everyone has the opportunity to invest when participating. But there are also risks in IEO investment nowadays, scammers are now creating fake IEOs where they deceive people in order to earn money. I also participated in IEOs and I have good results. |
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Why you will but shitcoins at first place? Are you hoping that it will go to the moon? That's the mentality of a trade who will lose in the market. You will only regret it if you will buy a shitcoins.
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Most of the exchanges are now closing because of regulations and also because of competition. There are now many exchanges and only few exchanges that are patronizing by traders and investors.
There are too many exchanges nowadays and we should pick carefully on what exchange that we should use. We should consider the security of the exchange and also the fees before we invest our money. Not all of exchanges can be trusted because there are also scam and worthless exchange. Recently, there are exchanges that are been hacked; it is one of the proof that not all of exchanges should be trusted. |
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In the course of this year, ethereum has mostly not been promising due to the many disappointing times we have experienced. Sometimes, it even become very difficult to know when to hold or sell out some ethereum. All the same, many people who trust in altcoins have kept some great faith in ethereum and that is an amazing motivation that ethereum can really bounce back and be the strong force most hodlers wish for.
When prices fall and continue to fall it will be very disappointing for those of us who hold the coin and sometimes we think of selling it but if we sell it we will get a loss so many people prefer to keep holding it because they do not want what is done to be in vain . And at such times all we can do is observe and make an estimate of when the price of the coin can recover and sell it. I understand what is technical analysis and ethereum do not disappoint me because I know what I'm doing. I understand the market cycle and I can earn profit from swing of ethereum. |
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I wish I sold my altcoins before because my altcoins became worthless. I cannot now sell my altcoin due to the low volume in the market. I will never hold altcoins that are worthless for me to not make regretful decisions.
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Everyone has their own idea of wealth. What do you mean by "getting rich quick"? A thousand? Million? Because day trading gives many the opportunity to earn a thousand dollars a day. And sometimes, even more. But for this you need to constantly monitor the rates. The main - is a wish.
The cryptocurrency market got a bad image from the public because of the scammers. People though that all of the investments are now scams because of the quick rich scheme. |
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I have been very comfortable using wallet blockchain.com and myetherwallet by using additional metamask addons
I have never used a mobile wallet because there are many wallets that want to steal crypto assets
It is good to use cryptocurrency wallet that have good review like myetherwallet and coinbase. Do not trust new mobile wallets because some of their creators are hackers and their purpose is to steal our tokens. |
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My current portfolio is consists of altcoins belong to top 10 cryptocurrencies in terms of market capitalization. I do not know buy altcoins that are not popular because there is a possibility that it can go down.
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I'm not afraid to fail because for me failing is a way for me to learn new information. Failing for me means that I need to improve something. You can minimize your losses in day trading if you will improve your skills.
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They do not have right attitude and it is the reason why they deceive some investors. Do not trust some developers even they show their faces in the public. Some of them are scammers and it is part of their plan.
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it doessn't matter because, your bankroll always need to be 100x what you want to bet, so now you can bet at max $5, but by looking at your proposal i believe you are newbie, in this area, so it's better to invest in an altcoin, that have high chance to increase than trading
$500 capital is a good start in trading of cryptocurrencies. I started to trade and my capital when I'm newvie is $1200. By the end of the year, I double it through my trading skills. |
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Altcoins are become hot issues in the market, there are a lot of improvements in terms of uses in altcoins. There are now altcoins that surpasses the bitcoin in terms of transaction and in confirmations.
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I often to hold altcoins that are worth it and that's why I keep holding my altcoins. It is a reality that most of altcoins are worthess and there are many advices about selling our altcoins in this day.
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trading is not for everyone. If you will ask me about what is better between day trading and long term trading, my answer will be depends on traders skills. I'm a trader and I do not have enough patience to wait so short term trading is better with me.
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Because it's now over. It's not going to happen again that an airdrop would likely to give you more than $100, it's all done. Don't fall for an airdrop if it promises you to give more than that. The reality now is that most of the airdrops aren't giving that much and the minimum that they can give is about $5 and the maximum could be around $20 or something like that. Those good airdrops that you have before can simply be part of your memory and history of cryptocurrencies.
Its only a dream if you think you can get 100$ from airdrops today, even bounties aren't paying up to 100$ to bounty hunters anymore unless you join many campaigns all together, Apollo currency airdrop is ongoing right now and i am surprised that they are only paying 0.36cent worth of apollo coins to participants As I've said before it's possible but now it isn't like that anymore. Maybe you just missed those days or if not, you were not able to participant to those kinds of airdrops before. Well, I didn't participated to them but I've seen people who have been telling it happily on how much they've got as a free money and sold it quickly. Those glory days were almost project was becoming successful regardless of the situation but now the hype is over and almost everything for it. The good airdrop is now over, all of the airdrop today are not promising. We will only waste our time if we still participate in scam airdrop. Actually 99% of airdrop are failing, so we should stay from new airdrops. |
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There's always a risks in an investment so you should be aware that is no safe investment but you can protect you investments if you know what you are doing. Before I made an investment, I ensure first that I know what I am doing.
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Do not believe to their promise, you will see the expectations vs the reality. You will only lose your money if you will believe to what they say. Do not their what they say because it is not a legit you will only regret your actions.
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