Long time holding is a smart thing to do as far as crypto currency is concern. I have realize that, investors try to play smart in the crypto business in that, they begin to dump most tokens to cause a decline in token prices. This will in turn pave way for them to buy more tokens in other for them to hold for long and sell at higher prices when token values shoot up. In spite of this, is long term holding a smart thing to do as a bounty hunter and why?
It is their way of making big profits, because they already really understand it. For me to hold a potential coin for a long time is a smart move to do. Moreover, the current market situation is red again, certainly holds a wise choice.
I'm 100% sure that many people are interested in one question: Should I switch completely to crypto currency and invest only in it? I would answer - it is worth investing only what is not terrible to lose.
I agree, it all depends on the coin. Some coins become worthless as time goes by. But good coins remain valuable even if they pump and dump. Eventually they will gain momentum and bring profit to their holders.
Post
Topic
BoardAltcoin Discussion
Re: My Future in Crypto
by
smagt7
on 21/08/2018, 20:18:17 UTC
I haven't quit my day job but it doesn't mean I don't believe in the future of the cryptomarket. It experiences hard times, and I think when it recovers fully and can replace full-time employment for me, I can quit.
I think with the current price conditions that have ups and downs Selling assets is a great way to make a profit and keep traders eager to keep investing and the opportunity to create a huge income is still high by exploiting the existence of the coin to hold a few years.
Yes, I wouldn't sell either. The coin will grow in price. Now every coin is dropping more, and selling could be tempting but when the market recovers many coins will moon
I also think so, that will be more and more new coin which appear and try to compete. While the bitcoin will remain in his position as the parent of the other coins. This shows the altcoin increasingly thriving and competing to try these stages to construct.
I think we are experiencing some kind of crypto boom, but the thing is not many coins will make history like Ethereum or Ripple. Many die out even before becoming popular or even known. I wish coin quantity transformed into coin quality and we made more money
This is the best time to buy a few coins, not just to stop at this time, when the market goes down you have to collect or have as many coins
I agree. Quitting is not the answer. There are still many thing we can do even when the market is low. Now we have a break from all the craziness and haste. We can recover and learn
Post
Topic
BoardAltcoin Discussion
Re: What are your plans with your Crypto Currency?
by
smagt7
on 19/08/2018, 18:07:12 UTC
Of course, i want to keep investing in it and hold my coin for a very long time, because my portfolio loose 90%. Just wait for the next bull market.
Post
Topic
BoardAltcoin Discussion
Re: ETH so popular
by
smagt7
on 13/08/2018, 15:55:41 UTC
No. It is not popular at all, it does not attract new users, which can be seen from the volume of trading, and the old ones are sectarians who perfectly believe in the policy of the project.
Post
Topic
BoardHardware wallets
Re: Hardware wallet vs Software wallet
by
smagt7
on 13/08/2018, 15:46:02 UTC
I can not call myself over-informed in this area, but I prefer to keep my savings on cold wallets, because I trust them much more.
Post
Topic
BoardAltcoin Discussion
Re: Buy time for ETH from 300$ to below 400$.
by
smagt7
on 13/08/2018, 11:57:12 UTC
And I think that among the sites, this is not the best investment. There are also Cardano and NEO , which can show a much steeper result than Ethereum
Post
Topic
BoardSpeculation (Altcoins)
Re: Should buy and hold NEO?
by
smagt7
on 12/08/2018, 09:23:11 UTC
I bought NEO for $30 and now I will increase my positions. This coin may show the unimaginable numbers we all do this idem.
Post
Topic
BoardAltcoin Discussion
Re: How important is a community behind a crypto project?
by
smagt7
on 12/08/2018, 09:16:29 UTC
Community is very important in the crypto industry. Look at the same Ethereum, if it weren't for the community that gathered around it, then this centralized garbage would
Post
Topic
BoardAltcoin Discussion
Re: Blockchain Technology
by
smagt7
on 12/08/2018, 08:53:10 UTC
I think with the help of blockchain in the future, many processes that require automation will start to work much better and the cost of those will change, and it will also help to better store information.
Post
Topic
BoardAltcoin Discussion
Re: Where can i post for sponsorship?
by
smagt7
on 11/08/2018, 13:43:40 UTC
What kind of sponsorship are you looking for? A lot depends on that. If you want to hold your own ICO , then I would advise you to start a topic in Business.
Post
Topic
BoardAltcoin Discussion
Re: Is it normal to wait for 6 months for a bounty reward?
by
smagt7
on 11/08/2018, 13:05:51 UTC
I do not think you should worry about the project, which does not pay tokens for such a long period. This is akin to fraud and this situation has become quite commonplace in the crypto world.
Post
Topic
BoardAltcoin Discussion
Re: What am I to do?
by
smagt7
on 05/08/2018, 20:29:47 UTC
It was necessary to sell initially, when falling to certain levels. Now the only thing you have left is to hold these coins and become an investor.
Post
Topic
BoardAltcoin Discussion
Re: Is Your Money Safer In Crypto than at the Bank?
by
smagt7
on 05/08/2018, 19:49:43 UTC
I tend to think of banks as a corrupt system whose main task is to take my money and then, in addition, to drive me into debt.
Post
Topic
BoardAltcoin Discussion
Re: Earn up to 50 ETH
by
smagt7
on 05/08/2018, 19:44:52 UTC
Wow, that's fine you're going to make money. Here day trading may well go, the amount is quite good and the result will not take long, although it is 500% difficult to do.
Post
Topic
BoardAltcoin Discussion
Re: 3 best altcoins in 2018
by
smagt7
on 04/08/2018, 14:15:26 UTC
Many call this year, the years of altcoins, but something I do not see. I think the top 3 is hard to call, due to the fact that all altcoins are now sick.
Post
Topic
BoardAltcoin Discussion
Re: Can I hold my altcoin for years in my wallet?
by
smagt7
on 04/08/2018, 14:09:21 UTC
You can hold them only if you are fully confident in the technology of the project and in their team. Now a lot of scams and projects they create quite efficiently.