In 2018 i personally liked eth , tether , eos and dash. Because i had these coinsin my portfolio and i have earned pretty well by trading these coins. Right now eth and ripple are my fav.
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BoardAltcoin Discussion
Re: Should I invest in BTC, Altcoin, or ICO
by
Slugmonkey
on 26/11/2018, 14:19:37 UTC
If you have patience , if you're risk taker only then invest in cryptos. Market situation is worst right now. For next few months do not expect something good from cryptos. Though prices of all coins are decreased. But nobody knows when market will grow. Its better to have diversified investment portfolio if you want to cut risk.
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BoardAltcoin Discussion
Re: What is your strategy for hodling or selling?
by
Slugmonkey
on 26/11/2018, 14:15:50 UTC
Selling your investments on lower price than buying cost won't give you positive returns. Obviously, holding would be a better option to balance the earnings. In case you're financially struggling only then selling would be considerable.
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BoardSpeculation (Altcoins)
Re: So, Crypto Market ALL RED Again!!
by
Slugmonkey
on 26/11/2018, 14:12:32 UTC
Cryptos is full of suprises. You can take this in positive or negative both ways. People are expecting that bullrun will start in Q4 of 2018 but market situation is pathetic right now. Lets just hope and wait for some time only then we can expect something from cryptos
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BoardSpeculation (Altcoins)
Re: BULL RUN! BULL RUN! BULL RUN!
by
Slugmonkey
on 26/11/2018, 14:09:18 UTC
We all know cryptos in totally uncertain. Nobody can predict what is gonna happen in future. Same applies in the case of bull market. Earlier most of the people were assuming that bull run will start in Q4 of 2018 but unfortunately all assumptions went wrong. Lets stop making false assumptions instead of this we should accept what is happening in the market and wait for the bullrun😕
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BoardAltcoin Discussion
Re: Are you ready to use cryptocurrency in everyday life?
by
Slugmonkey
on 26/11/2018, 14:04:16 UTC
I will never consider crptos as primary source of income. Cryptos is totally uncertain nobody knows when goverment will make changes. So its better to have another source of income from where you can get fixed and assured returns. I am working in cryptos from last 3 months. I did not recieve even a single dollar in last 3 months. How people can survive if they will depend on cryptos only.
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BoardAltcoin Discussion
Re: Will 90 percent of the coins die?
by
Slugmonkey
on 26/11/2018, 13:59:08 UTC
This is true that bitcoin dominate the entire crypto market. Bitcoin is most powerful coin among all coins. Many coins get impacted when price of bitcoin fluctuate. Am not sure 90% coins will die after bubble burst of btc. There are many legit coins and projects. I can't say what will exactly happen after this.
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BoardAltcoin Discussion
Re: Best competitors to Ethereum?
by
Slugmonkey
on 26/11/2018, 13:51:47 UTC
According to me XRP, BCH , EOS , XLM and LTC are top 5 competitors of ETH Also these coin are obe of top 10 coins in the terms of demand , marketcap , price and supply.
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BoardAltcoin Discussion
Re: Reasons why regular people are afraid to invest in Crypto
by
Slugmonkey
on 21/11/2018, 17:27:40 UTC
Biggest fear is returns are not fixed and assured in crypto currency. Only risk takers trade in crypto currency because their is always 50:50 probability of risk and profit. If I talk about bounty hunters, the biggest reason is sometimes they don't get their share when they promote new projects and icos because most of the Projects are scam and it's really hard to identify the legit projects.
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BoardAltcoin Discussion
Re: Knowledge is needed
by
Slugmonkey
on 21/11/2018, 17:18:37 UTC
Obviously, knowledge is everything in cryptos. In fact knowledge please important role than experiences in crypto currency. If you don't have enough knowledge about the ICOs and coins then how would you survive in this industry. Have seen many people criticising crypto currency because the lost all funds by investing in shit coins this is why knowledge is must to survive in the crypto currency
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BoardAltcoin Discussion
Re: Why everyone becoming the holder?
by
Slugmonkey
on 21/11/2018, 17:15:15 UTC
Because people are not getting what they were expecting at this point of time. Before 6 months from today People were expecting that bullrun will start In the month of November but nothing is happening infact market is struggling very badly right now. That's why most of the people are holding their investments and waiting for the bull run to make maximum profits.
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BoardSpeculation (Altcoins)
Re: It's time to sell
by
Slugmonkey
on 21/11/2018, 17:12:18 UTC
Not agreed. Market is still struggling. This is surely not a good time to sell your coins. There are some alt coins which are improving gradually. If you have eth or btc in your portfolio then I would say hold your investments and if you have tether , dash , dodger and maker coins in your portfolio then it's the right time to sell because prices of these coins are increasing from last 2-3 days
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BoardAltcoin Discussion
Re: Forget the past and move ahead
by
Slugmonkey
on 21/11/2018, 17:08:04 UTC
Cryptocurrency is really strange. Where past matters in traditional invesments but in crypto past dont have any role. Cryptos work on present time. Because future is also uncertain in cryptos. Just forget whatever happened in the past. Do some efforts to secure the present. This is all from my side.
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BoardAltcoin Discussion
Re: Hold or Trade?
by
Slugmonkey
on 20/11/2018, 13:06:39 UTC
The large cap coins like ETH, BTC or XRP are experiencing short term ups and downs. This is good for trading frequently. That way you can enjoy some profits in this sideways going market. BTC has so far maintained its price above the low level support. So, if you know basics of trading, I would suggest you to go for trade instead of hodl in this phase.
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BoardSpeculation (Altcoins)
Re: When Bullrun will start?
by
Slugmonkey
on 20/11/2018, 13:02:00 UTC
Nobody knows when Bullrun is going to start. Expert's prediction was bullrun will start in the starring of November but situation is getting worst. Prices of all coins are going down. Even most stable coins are not performing right now. Most of the people are criticizing cryptos right now because they are not getting what they were expecting 6 months back. People are disheartened and demotivated right now. Now according to some people it is expected bull will start in Q1 of 2019 lets see what is gonna happen in coming 3 months.
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BoardAltcoin Discussion
Re: Should invest on ripple or litecoin ?
by
Slugmonkey
on 20/11/2018, 12:58:18 UTC
Ripple is a good investment if we look into the use case part. Many institutions are also supporting it which makes it more reliable in long term. Litecoin, utility wise isn't really a great option. So, if you have to choose only between Ripple and Litecoin, I would suggest you to go with Ripple. But I actually not a great supporter of both in long term. I would still prefer our good old Bitcoin when it comes to investment for a year or more than that.
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BoardTrading Discussion
Re: My luck is very bad for crypto trading 😞
by
Slugmonkey
on 20/11/2018, 12:50:46 UTC
I have been listening to this since I started with cryptos. People think that the market behave adversely when they trade. But that isn't the case. Sometimes you do enter bad trades. Nobody is perfect. But you should know when to cut loss and make up for the earlier loss with a new trade. It is all about cutting loss by averaging it out through profit. market isn't against you, try to understand it which will need practice and which in turn means some more losses maybe.
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BoardBounties (Altcoins)
Re: [BOUNTY][ICO] GOeureka — Blockchain Hotel Booking Platform
by
Slugmonkey
on 20/11/2018, 12:44:18 UTC
#Joined signature campaign.
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BoardAltcoin Discussion
Re: Is the price of ethereum dependent on bitcoin?
by
Slugmonkey
on 11/11/2018, 05:44:45 UTC
Right now, market isn't that mature that the coins can behave independently according to their own project progress. Bitcoin being the dominant currency do have its affect on other tokens. You must have seen that a development news does pump a coin but then it again comes back to its original price where it moves according to the majority market.
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BoardAltcoin Discussion
Re: Altcoins hold to moon 1 year?
by
Slugmonkey
on 11/11/2018, 05:42:36 UTC
I think the next FOMO will come in 2019. This time it will be because of institutional money. Many experts are also predicting that 2019 would be the next year where we will see pumps and appreciations in price like 2017. So just wait for mid 2019 and hold potential tokens because they are the first to get pumped.