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Author Topic: Should I change the principle of profitability of the cryptocurrency market?  (Read 258 times)
Snaic (OP)
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May 09, 2019, 02:53:07 PM
 #1

Now the cryptocurrency market is built in such a way that we keep our cryptocurrency until we feel that it has reached a price peak, and then we rush to sell it immediately in order to make a profit, that is, the difference between the price of the purchased and sold coin.

It seems to me that this is not a very convenient version of the cryptocurrency market. It turns us into greedy speculators who do not care about the project itself, for which the coin or token was created. It would be better if we had the opportunity to receive passive profits, dividends as a result of the retention of cryptocurrency. Then we would feel that we are co-owners of the project and would be interested in developing it.

We now see how very popular are ICO projects, such as Miracle Tele and others, which provide for such an opportunity. What do you think about this?

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May 09, 2019, 03:02:26 PM
 #2

Now the cryptocurrency market is built in such a way that we keep our cryptocurrency until we feel that it has reached a price peak, and then we rush to sell it immediately in order to make a profit, that is, the difference between the price of the purchased and sold coin.

It seems to me that this is not a very convenient version of the cryptocurrency market. It turns us into greedy speculators who do not care about the project itself, for which the coin or token was created. It would be better if we had the opportunity to receive passive profits, dividends as a result of the retention of cryptocurrency. Then we would feel that we are co-owners of the project and would be interested in developing it.

We now see how very popular are ICO projects, such as Miracle Tele and others, which provide for such an opportunity. What do you think about this?

There are both of the strategies you have mentioned.
People do buy for dividends as well as for profit from price fluctuations. People bought NEO for GAS, KCS, COSS and CET for dividends and currently they are buying STO for dividends. But as the price of cryptocurrency are highly fluctuating, the profit is better if you know when to buy and sell.



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May 09, 2019, 04:00:07 PM
 #3

Yes, it is true, projects with dividend payments receive a greater interest of the audience.
But also among the projects, which appeared on ICO simply with utility tokens, there are also many interesting ones.
As for the speculations on cryptocurrency courses, this is one of the main components of the market, one can say, one of its driving forces. And there is nothing wrong with that.
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May 09, 2019, 08:38:53 PM
 #4

Now the cryptocurrency market is built in such a way that we keep our cryptocurrency until we feel that it has reached a price peak, and then we rush to sell it immediately in order to make a profit,

Speculation is not necessarily a bad thing. Wherever you find something of value, there is speculation: fiat money, gold, commodities, etc. Greed is a part of our human nature. I agree, it would be nice if we could eliminate it and use the coins or tokens just for the purpose they have been created for. But the reality proves us otherwise.

We now see how very popular are ICO projects, such as Miracle Tele and others, which provide for such an opportunity. What do you think about this?

I've never heard of Miracle Tele before. On the website, they say they will share their monthly revenue with their token holders. Any idea where this revenue is coming from in the first place?
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May 09, 2019, 10:25:58 PM
 #5

Now the cryptocurrency market is built in such a way that we keep our cryptocurrency until we feel that it has reached a price peak, and then we rush to sell it immediately in order to make a profit,

Speculation is not necessarily a bad thing. Wherever you find something of value, there is speculation: fiat money, gold, commodities, etc. Greed is a part of our human nature. I agree, it would be nice if we could eliminate it and use the coins or tokens just for the purpose they have been created for. But the reality proves us otherwise.

We now see how very popular are ICO projects, such as Miracle Tele and others, which provide for such an opportunity. What do you think about this?

I've never heard of Miracle Tele before. On the website, they say they will share their monthly revenue with their token holders. Any idea where this revenue is coming from in the first place?

The Miracle Tele project has been there for a while but am yet to understand the real use of the project. A friend told me it's about telecommunication. He said something about being able to use the communication line anywhere in the world.
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May 09, 2019, 10:59:38 PM
 #6

Now the cryptocurrency market is built in such a way that we keep our cryptocurrency until we feel that it has reached a price peak, and then we rush to sell it immediately in order to make a profit,

Speculation is not necessarily a bad thing. Wherever you find something of value, there is speculation: fiat money, gold, commodities, etc. Greed is a part of our human nature. I agree, it would be nice if we could eliminate it and use the coins or tokens just for the purpose they have been created for. But the reality proves us otherwise.

We now see how very popular are ICO projects, such as Miracle Tele and others, which provide for such an opportunity. What do you think about this?

I've never heard of Miracle Tele before. On the website, they say they will share their monthly revenue with their token holders. Any idea where this revenue is coming from in the first place?

The Miracle Tele project has been there for a while but am yet to understand the real use of the project. A friend told me it's about telecommunication. He said something about being able to use the communication line anywhere in the world.
That's indeed and me too. it's very complicated when they aim to create an ico project. I have seen so many platforms are using that idea but they are all failing. Remember about bubble tone project and that builds a similar thing with what has already offered by miracle tele but it doesn't seem a good thing at all.

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May 09, 2019, 11:07:26 PM
 #7


We now see how very popular are ICO projects, such as Miracle Tele and others, which provide for such an opportunity. What do you think about this?
What would you expect? Im not breaking your being too optimistic with crypto but i would definitely say that 95% of people here are just aiming for profits and 5%
do only cares about the tech behind on these projects. Selling too soon? that wont really be applicable on most people.If they do saw a profiting trade then
selling would be always a guaranteed next move.

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May 10, 2019, 04:27:51 AM
 #8

Now the cryptocurrency market is built in such a way that we keep our cryptocurrency until we feel that it has reached a price peak, and then we rush to sell it immediately in order to make a profit,

Speculation is not necessarily a bad thing. Wherever you find something of value, there is speculation: fiat money, gold, commodities, etc. Greed is a part of our human nature. I agree, it would be nice if we could eliminate it and use the coins or tokens just for the purpose they have been created for. But the reality proves us otherwise.

We now see how very popular are ICO projects, such as Miracle Tele and others, which provide for such an opportunity. What do you think about this?

I've never heard of Miracle Tele before. On the website, they say they will share their monthly revenue with their token holders. Any idea where this revenue is coming from in the first place?

The Miracle Tele project has been there for a while but am yet to understand the real use of the project. A friend told me it's about telecommunication. He said something about being able to use the communication line anywhere in the world.
Miracle Tele is a new mobile operator that will operate in 163 countries around the world. Now an ICO is underway, but Tele tokens already bring passive income in the amount of two to three euros for each hundred tokens to its holders; it is planned to stabilize income at the level of 2.18 euros. What is interesting is that the income is counted on the campaign website directly in euros with the possibility of their direct withdrawal, but many prefer to buy new tokens for this income.
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May 10, 2019, 04:45:03 AM
 #9

not too focused on the project, because the main purpose of investment is profit. so after the profit from the project investment results, sales will occur, and the project will be forgotten. I think this is a natural thing, because of the lack of attention of the team towards the purpose of developing the project itself, which actually made them immediately run away.

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May 10, 2019, 05:11:44 AM
 #10

Now the cryptocurrency market is built in such a way that we keep our cryptocurrency until we feel that it has reached a price peak, and then we rush to sell it immediately in order to make a profit, that is, the difference between the price of the purchased and sold coin.

It seems to me that this is not a very convenient version of the cryptocurrency market. It turns us into greedy speculators who do not care about the project itself, for which the coin or token was created. It would be better if we had the opportunity to receive passive profits, dividends as a result of the retention of cryptocurrency. Then we would feel that we are co-owners of the project and would be interested in developing it.

We now see how very popular are ICO projects, such as Miracle Tele and others, which provide for such an opportunity. What do you think about this?
If the project team shares their profits with the holders of their tokens, this will ensure good demand for the token and not only save it from falling, but vice versa, its price will inevitably increase. We really would not chase after profit, selling and buying cryptocurrency, but quietly would periodically check the flow into our wallets or personal accounts of passive income. This, of course, would be much better.

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May 10, 2019, 05:39:26 AM
 #11

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It seems to me that this is not a very convenient version of the cryptocurrency market. It turns us into greedy speculators who do not care about the project itself, for which the coin or token was created. It would be better if we had the opportunity to receive passive profits, dividends as a result of the retention of cryptocurrency. Then we would feel that we are co-owners of the project and would be interested in developing it.

This should be the most ideal as this is similar to buying stocks wherein aside from the possibility of increase in the value of the stock there can also be regular release of dividends if the operation or project is doing well in the market. However, tokenization could do it because that would be tantamount to selling securities. STO should be the one solving this problem. The normal ICO features are not anymore working well and are limiting to what the market is needing. I admire Miracle Tele for introducing its stacking program and I am wishing the project well...hope it can be inspiring other projects to follow the lead.
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May 10, 2019, 06:53:26 AM
 #12

It turns us into greedy speculators who do not care about the project itself, for which the coin or token was created.

the market didn't turn us into that, the projects did.
at some point in a couple of years ago people stopped creating decent projects with innovation and instead started creating projects with only one purpose which is to be pumped and dumped more and give more profit to their investors and the owners which usually either premined the coin or premined and ran an ICO on the coin/token. to people (the investors) reacted accordingly. and those who did otherwise (like bag holding these coins) suffered big losses.

Quote
It would be better if we had the opportunity to receive passive profits, dividends as a result of the retention of cryptocurrency. Then we would feel that we are co-owners of the project and would be interested in developing it.
you started a good topic but ruined it here.
what we need is change of mentality from thinking and caring about how much profit you can make into a new mentality of what utilities that cryptocurrency is offering you. and what problems does it solve from your day to day life.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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May 10, 2019, 07:55:45 AM
 #13

Miracle Tele is a new mobile operator that will operate in 163 countries around the world. Now an ICO is underway, but Tele tokens already bring passive income in the amount of two to three euros for each hundred tokens to its holders;
Now it makes sense. Thanks for making it clear, so it seems they will share a portion of their income as mobile operator with token holders. It could be potentially lucrative for the holders, and it's worth taking a look at the structure and distribution of their token. Is it a novel idea? I haven't heard of any mobile company using crypto in this way.
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May 10, 2019, 09:54:12 AM
 #14

Now the cryptocurrency market is built in such a way that we keep our cryptocurrency until we feel that it has reached a price peak, and then we rush to sell it immediately in order to make a profit, that is, the difference between the price of the purchased and sold coin.

It seems to me that this is not a very convenient version of the cryptocurrency market. It turns us into greedy speculators who do not care about the project itself, for which the coin or token was created. It would be better if we had the opportunity to receive passive profits, dividends as a result of the retention of cryptocurrency. Then we would feel that we are co-owners of the project and would be interested in developing it.

We now see how very popular are ICO projects, such as Miracle Tele and others, which provide for such an opportunity. What do you think about this?
The reason we are seeing this kind of act rampantly in the crypto market, is because of the orientation that have been giving to newbies coming into the crypto space about how it works and how to make lots of money from it, what I mean is that people mostly focus on telling newbies how much they could make by investing into the market when it's low and selling when it's high, instead of telling them about the technology itself and how it is going to change the world, this is why we have less persons who can truly tell you how crypto works.
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May 10, 2019, 10:27:55 AM
 #15

Miracle Tele is a new mobile operator that will operate in 163 countries around the world. Now an ICO is underway, but Tele tokens already bring passive income in the amount of two to three euros for each hundred tokens to its holders;
Now it makes sense. Thanks for making it clear, so it seems they will share a portion of their income as mobile operator with token holders. It could be potentially lucrative for the holders, and it's worth taking a look at the structure and distribution of their token. Is it a novel idea? I haven't heard of any mobile company using crypto in this way.


I still have my reservations on that project. A friend has been talking me into it but some things don't seem right. My friend says, the miracle Tele mobile network will be available in all these countries and one can use a miracle Tele call card anywhere in the world. Well, am still looking into the project, may be something will fascinate me.

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May 10, 2019, 10:44:01 AM
 #16

I still have my reservations on that project. A friend has been talking me into it but some things don't seem right. My friend says, the miracle Tele mobile network will be available in all these countries and one can use a miracle Tele call card anywhere in the world. Well, am still looking into the project, may be something will fascinate me.

By all means you should have reservations. Over the years we have seen so many dubious projects, not to mention project deliberately created to scam people. A healthy dose of skepticism is always welcome, and even more so in the crypto space. I always give projects like this a lot of time to show their competence and intentions before even considering about investing in them. I'd rather be a late investor, than an early investor and a fool.
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May 10, 2019, 10:51:51 AM
 #17

Yes and for the very same reason people are now interested in security tokens that will be like having shares in the company and not only you will receive your share of profits but you can also vote about important decisions of the company moreover security tokens are registered and licensed that gives more investor confidence in them.

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May 10, 2019, 11:09:09 AM
 #18

you can't change the principles, the principle are decided by the majority of people who are in the market. and they don't want them changed because this current situation is more profitable for everyone and nobody wants it to change, from the smallest person in the market wasting his time on bounty hunting to bigger players who are whales pump and dumping altcoins and all the ICO scammers they all want the same thing, they want the market to remain like this, they want people to continue to only want bigger pumps and bigger dumps instead of wanting solid projects that actually grow over time not stay alive for a month and die afterwards.

Holding Bitcoin More Every Day
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May 10, 2019, 11:23:22 AM
 #19

Now the cryptocurrency market is built in such a way that we keep our cryptocurrency until we feel that it has reached a price peak, and then we rush to sell it immediately in order to make a profit, that is, the difference between the price of the purchased and sold coin.

It seems to me that this is not a very convenient version of the cryptocurrency market. It turns us into greedy speculators who do not care about the project itself, for which the coin or token was created. It would be better if we had the opportunity to receive passive profits, dividends as a result of the retention of cryptocurrency. Then we would feel that we are co-owners of the project and would be interested in developing it.

We now see how very popular are ICO projects, such as Miracle Tele and others, which provide for such an opportunity. What do you think about this?

I don't think dividends or passive income can solely instill investors to hold the coin because such dividend is provided in the units of same coin. So even though quantity increases over time but if price falls, the total value of investment may be lower than what it used to be initially. There are several projects which already followed this concept and failed. For example, Coss provided dividends in numerous cryptocurrencies for holding COSS coin but its value is currently floating around 20-25% of the ICO price.
In the market so volatile, I think projects need some bigger incentives than passive income so that holders don't rush to sell the coins even in profits.
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May 10, 2019, 11:30:24 AM
 #20

Not really. It depends on your strategy on the trading process. If you have a good strategy to buy low and sell high with a target price to buy and sell, then you are not greedy speculators because you have goals that you want to reach in trading.

That will different if you are an investor who wants to make a profit in the short-term and long-term and I don't think as the investor, you don't have a plan or strategy to determine on how much price you want to sell the coin or token.

The ICO projects still grow, and it is you who will decide to invest in that project or not because you will make all the decision. And if finally, you invest in that project, you should have a target price to sell your token so you can have a profit from the project no matter if that will be a short-term or long-term investment.

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