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I can just say that we dont really know what will be the next to happen since year 2021 is just starting so i think altcoin will soon rise same with ethereum, there are always a posibility that the altcoin will follow the ethereum and maybe there are also an altcoin bull run this year, i think the best thing to do is to wait.
I am sure that many of us here are expecting there that can be a big bull run for altcoins within this year but in my opinion I think this is not going to happen. What can we see might be some surge of interest with some coins or tokens from time to time or maybe a manipulation like what WallStreetBets is doing. The reason for the Bitcoin bull run is the entrance of institutional money into the party and this might not be happening with most of the altcoins, except maybe Ethereum.
Now, having said that, of course, I would be happy to be wrong since all of us are really longing for our favorite coins/tokens to take some big leaps ahead in the cryptocurrency market game. What is your opinion and prediction?
Well if you buy your btc or ethereum on last year 2018 or 2019 then i believe that this was the very best time to sell i am sure that you will earn a big profit if you sell it this time because the price is now really bullish.Yes, I am selling now because I want to secure my profits from some coins that already increase significantly now. I think it is a good time to sell, we are in the bullish trend. But the bullish trend won't last forever, it can end immediately. Because of that, it is better to secure the profits and not too greedy.
If you believe your coins are in the bullish trend, I think you can sell it. But I personally not typically, sell soon as possible. I will hold for several next months again and wait. I think We will get the big profit while the price is so high.
There are many crypto token listed in coinmarketcap and been traded in top exchanges like binance, Yobit and lDex exchange which people consider as proficient enough in the cryptocurrency market and knowing well that Eth is ranking number 2 position in the coinmarketcap, let's discuss Do you think that any new crypto currency overtake Eth in times of price value can that be possible?I dont think that there are other nee crypto that can surpass the ethereum, ethereum is more useful in crypto is used by so many project in making a smart contract in ethereum network it is also the most amazing and trusted coin so i dont think that new crypto coin or token can beat ethereum.
Nowadays ethereum is the most popular site in altcoin soon it spread in worldwide for it's activities day by day it's welcome by all kinds of people so it is true that ethereum is the most favourable business sector and king of altcoin.I Agree that ethereum is the king of altcoin because we can see it and we cannot really compair it to other altcoin in terms of usage and in term of price. Ethereum is rank as #2 in coingecko and CMC because of some reason so i believe that it is the king of altcoin
All of us here had different choice of token or coins, of course Ethereum I believe is not far from your list. Now why do I invest on Ethereum?We all know that ethereum is the most amazing coin next to bitcoin, it is already trusted in the market and it is useful on some project through the smart contract that they made on ethereum network. I believe that ethereum is a good coin to invest because it is safe haven because we can really get profit on it of we can invest on the right timing.
Some members invest on Ethereum because of its growing popularity and they are considering also the future which is very vital on investing, Ethereumss smart contract and system attracts people to Invest on it.
You as an investor, what are you considering on investing on Ethereum?
Those who have experience, has a SAY...
i agree on that mate altcoin season is about to begin not to end, bitcoin and ethereum is still in a very high price and we all know that if this two leading coin is in a high price the altcoin will surely follow it is already happen so many times before.I think the altcoin session has begun to end because at this time the price of bitcoin has collapsed again and is experiencing a correction which of course can have an impact on altcoin prices, if you want to buy altcoin then wait until the middle of this year usually the price will be cheap as it happens every year.But, that doesn't mean when bitcoin is in correction altcoin season will end? because the altcoin season we can see based on the dominance bitcoin and market trends that occur if based on a weekly time frame.
So in my opinion, the altcoin season is just starting and it peaks when the bitcoin dominance chart is below 40.
The market is volatile uptrend now downtrend later.Yes i agree on that borrowing a money to invest in crypto is really a very risky dicision, we can start investing invedting a small amount rather than borrowing money because the crypto market is really unstable and if we dont have patience we will surely loss at the end of the day.
Too risky with respect to investment especially for beginners. Aside from reading, beginners wants to invest to earn money due to what good and easy thing they have heard from seniors earning money in cryptocurrency investment. They thought it is just easy as they think.
When the market is on progress to pump and you aren't sure if bullish will take place in the next days.
Don't borrow money to invest in cryptocurrency. It is not recommendable to borrow money from your friends to invest in volatile and soo risky place. Save yourself from dept and interest. Do not invest the amount of money you cannot afford to lose.
Ask yourself if you deserve to invest the money you borrowed and what if you will not succeed? Can you handle that and will not think to suicidal thoughts?
The Bounty of many projects is running these days. We are also involved in many of these projects, Some of these projects are good and some are not. I think we should sell it whenever we receive reward. Because I've noticed that whenever a project comes In a short time he dies. What do you think selling is good option or not?Selling is not a good option because after the distribution of the reward the price will fall it is normal because some bounty hunter sell thier token in a very low price, so if you want to sell in a low price sure you can but you will only get a very small profit. Holding of tokens are good when you think the project is good and maybe has a future you need to hold for good
Investing is never safe all the time. Investment has always been full of risks. mean if you invest in a program, you need to know all about it, Keep an eye on all updates of the project. This will allow you to gather a lot of information that will help you determine, if you should invest in this program.I always say that if you want to invest in a project you have to understand the project and get all the information about it.Yes i agree that investing in crypto is really risky it is all because crypto is high on volatility and there are so many scammers now a days the only way to make everything safe is to make our self become more prudent on thinking about the way or how scammer work to avoid them. But sometimes we also need to take the risk because in crypto more risk comes with more profit.
It's not like you have to invest in a program to make a profit, Sometimes it happens that you read a project very well and try to understand it but still it does not give you profit in this way.
How come there are many projects in which they do not make a profit, Because nowadays a lot of scam projects are coming up, But that doesn't mean we should stop working. If you find a good program, it will make up for your shortfall.
It won't replace fiat, in my opinion not everyone knows how to operate a computer so majority will always prefer fait. because it has a sense of security and also because the government supports it.I agree on that not everyone in a modern world knows how to use computer or gadgets, that is why i believe that bitcoin cannot replace the fiat even if bitcoin looks amazing but there are still so many people that didnt know about it.
I understand we all singing decentralization, yes that is true but majority of people in the world listen to the their respective government.
If you are in Bitcoin/Crypto from 2016-2017 then this should be normal dip for you.buying and holding some altcoin in time of big dip is a great idea but we still need to consider the fact that every crypto coin has a unstable price and sometimes we dont know when will be the exact time of the real bull run, that is why if we dont have patience we will loss.
Since this Run start today is biggest Red day in my portfolio but I'm more interested in buying some of those big drops of alts that i have been waiting for.
What are you looking to get in ?
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