You are not right. The difference between rich and poor is not in knowledge when to sell in order to earn more, but in knowledge in which project to invest. After all, some projects do not make a profit at all, but only bring losses.
In order to make the right choice of a project for investment now, it is necessary to carry out a tremendous work on its analysis.
As you know IEO trend is growing but i feel IEO is profitable only for those who invested in token sale but who have purchased altcoin after launched they suffer loss majority of the investors ,as the BTT and some other altcoin examples of IEO.
For long term, ICO and IEO are the same thing. Its just the way to raising funds and keep the project continue. I think for short term investor, IEO is good and profitable because most token after listed in market, the price increase more than 100%
Agreed, for short term investment IEO is a good one because the token can get easily listed on the same exchange of the IEO released. So it's good for a quick profit, especially on big exchange like binance. Actually not all token get increase more than 100% after listed in market, i saw some tokens go down too.
For me, the advantage of the IEO is that the coin will in any case be added for trading on the exchange where this IEO was held.
Bearish market does not mean that everybody is loosing. Traders who shorted their assets on time and buying them back cheaper are not losing, exchanges are making huge profit as well during the bears as well.
They don't understand the terminologies and the things that what a crypto person must do whenever we experience this sort of season. The bearish market isn't something that people should start be hating of but instead it should be used as an advantage for those who have missed the train. Yes, it's discouraging to see the market at its lows but don't look at it as something negative other than thinking that your money is losing due to it. That is the reason why you believe in crypto, bears or bulls, you will stay.
Any market is cyclical. And precisely because of this, we have the opportunity to make good money.
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BoardAltcoin Discussion
Re: What kind of Altcoin can buy now?
by
SergeyZ
on 09/05/2019, 07:37:11 UTC
I also hold a significant part of my portfolio in ETH. I also use USDT, but lately I've increasingly thought to go to work with other stable coins.
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BoardAltcoin Discussion
Re: Cryptocurrency investment
by
SergeyZ
on 08/05/2019, 21:17:01 UTC
It is necessary to separate the concepts of investing and trading cryptocurrency. Both the first and second activities can bring good profits, but the strategies of work are different.
If you got earn several times i guess you would believe in crypto that is the evidence why would you believe in crypto, right now the cryptocurrency are now very popular in many countries and with this people are now using crypto and i believe the crypto market will be great in the future.
Cryptocurrencies will be actively developed. Blockchain is one of the most promising technologies now.
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BoardAltcoin Discussion
Re: What kind of Altcoin can buy now?
by
SergeyZ
on 08/05/2019, 21:09:37 UTC
In addition to what was written above, I also believe that most altos are on their historical bottom and will start growing sooner or later.
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BoardBounties (Altcoins)
Re: 💰2250000 BOUNTY: 📲 BLOCKCHAIN MOBILE OPERATOR WITH BIWEEKLY REWARDS 💰 REOPEN
Good traders are making profits despite the market being bearish/bullish. Yes, people who invested in crypto with a hope that they'd get a higher return suffered, unfortunately.
Of course, traders who are engaged in daily trading always get a good profit, regardless of the situation in the cryptocurrency market. But for this they give almost all their time to monitor the situation on the stock exchanges.
Traders work 24/7, they wake up even at night when the signal comes. It is very hard work.
I'm looking into masternodes coins and some exchange coin because there has been lots of those coins that is doing good, in as much as its not a scam exchange or masternodes coins, you can consider buying privacy coin also
Masternodes coins are a good option. I have never paid attention to such projects. Thanks for the idea.
Most times it is difficult to decide. But personally I have chosen ETH, XLM, XRP and NEO to add to BTC as my investments and I am confident that those will give me something reasonable within the next few months. But there are other altcoins that are not yet in CMC but doing wonders too. But they are too dicey though.
Totally agree with you. Because I have a similar set of altcoins in my portfolio. But I would also advise buying Litecoin and EOS. Very promising coins.
it is indeed the best coin in investment because besides having the potential to rise high they are also very competent so investors are not afraid of falling in value. but must focus more on BTC because if BTC rises first then you get profits quickly and can add your capital to other coins.
In any case, part of the savings should be kept in BTC and stablecoins, with their help, when sagging in the market, you can average your portfolio.
life is a challenge and every job must be prepared with all the risks that will be faced, as well as crypto. Crypto currency is a future project and only people who are brave and able to see opportunities will win. Don't think too narrowly, this year is a bit of a setback for the crypto world but rest assured that hope is wide open in front of you.
If you look globally, then very few people know about cryptocurrency and even less use them. But after a few years, cryptocurrency will become very popular.
You may have chosen the wrong strategy. Because this is the first time I've met someone who's been so hampered by trade. A lot of people get a lot of money trading crypto, and stress, wasting time does not scare them, because it is worth it.
I support you and I want to add that you need to trade in the amount that you don't feel for losing and which will not hit your budget.
Indeed, the main problem is not when to buy a cryptocurrency, but when to sell it. At the time of sale you always think, what if this token is still growing and you will receive less profit. FOMO syndrome makes it very difficult to make the right decisions in crypto trading. A crypto trader must educate himself and resist this kind of temptations.
A crypto trader must not only learn how to trade, but also must work on his psychological health.
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BoardBounties (Altcoins)
Re: 💰2250000 BOUNTY: 📲 BLOCKCHAIN MOBILE OPERATOR WITH BIWEEKLY REWARDS 💰 REOPEN
With the help of IEO, you can earn only on the first projects. In the future, profitability falls and you can incur losses. You have to be very careful.
I used to get worked up over a loss in cryptocurrency not until I realized that these losses can be mitigated using the right investment strategy. Investing and holding a coin is not the issue here, the issue is knowing when to sell. The most successful investors are those who know when exactly to sell. And to do that, one need doses of patience so as not to fomo and sell at loss. The difference between the rich and the poor is simply the ability to know the right time to sell.
You are right in your thoughts, but do not forget that the investment portfolio should always be diversified.
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BoardAltcoin Discussion
Re: I stopped trading. 3 reasons why.
by
SergeyZ
on 01/05/2019, 19:42:54 UTC
This month is difficult to trade, rynov falls or is in flat. But this is not a reason to completely abandon the trade. Pay attention to exchange tokens.
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BoardAltcoin Discussion
Re: Why we should belive Crypto?
by
SergeyZ
on 01/05/2019, 19:41:01 UTC
Now the era of cryptocurrency is coming. I believe that in the foreseeable future, people will actively use cryptocurrencies in everyday life.