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Messages - inewoods

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556

Cryptocurrency discussions / Re: is it the end? always afraid.

« on: July 12, 2018, 04:37:38 PM »

Quote from: ambar33n on July 10, 2018, 12:12:10 PM

Recently we've seen the bloodbath in crypto market last month, which is not so irregular in market place . But the question is also remaining, Is crypto gonna rise again Or like the haters are saying, Crypto will never rise $:-\$

Every markets works in the same way what goes down will rise back up which is a norm cycle. As long as you have the confidence in crypto you should not be afraid of the free-fall happening for last few months. You enter the crypto market is because you have confidence in it and not because of the last year hype i hope so. I got the confidence it will rise again but i does not know when will it be thought but don't be despair by the drop that is happening now and discourage you in moving on in crypto world.

557

Cryptocurrency discussions / Re: Should I start trade or hold my money?

« on: July 12, 2018, 03:49:41 PM »

Quote from: ambar33n on June 26, 2018, 10:35:34 PM

Hi guys, I have a couple of alts in my wallet right now and I want to gain profit.

I want to earn a profit while waiting for a better market value. Should I enter trading (where I don't have an idea on how to and where to start) or should I stick on HOLDing my coins?

Looking at the market movement, is it a good time to start trading?

Is it risky or not an ideal move if I start to study trading using some of my holdings/alts?

I am eager to learn how to do trading(short-term or day-trading).

Any thoughts?

TIA

Now is an opportunity to venture into the market, as a lot of the good coins are very under value but whether the market will rise or continue to drop i cannot vouch for that. If you have EXTRA cash to go into crypto investment this can be a good opportunity but only with extra cash and not money you need for daily living, invest in a responsible way.

558

Ethereum Forum / Re: Ethereum a threat to bitcoin

« on: July 12, 2018, 03:01:34 PM »

Quote from: ambar33n on July 11, 2018, 03:00:36 PM

Ethereum is a threat to bitcoin? Yes it is. We all know that Ethereum was created by a Russian programmer on 2013, and it was launched on 2015. After 3 years it is next to bitcoin in terms of popularity and value.

Let me show you some NBA perspective on this, bitcoin is the king of cryptocurrency right? same as LeBron as the king of NBA. But here comes Ethereum the prince of cryptocurrency just like Ben Simmons as the prince of the NBA. The prince will dethrone the king on the eastern conference finals same as Ethereum that will dethrone bitcoin in the next couple of years. Whether we like it or not the king will reach its limit. Mark my word. Trust the Ethereum process!

I have the same thinking as you, bitcoin is more significant is because it is the first crypto and many news talk about bitcoin and the general public does not know about this coin "ethereum". If more people get to know ethereum and what advantages it is able to give them bitcoin will definitely lose its supporters when the time come.

559

Cryptocurrency discussions / Re: Are Bounty hunters not responsible for dumping coins?

« on: July 12, 2018, 02:49:15 PM »

Quote from: Icon on July 10, 2018, 07:50:17 PM

We always blame bounty hunters as the cause of sudden drop in coin price because we believe they dump their bounty tokens. I think its the ICO investors who get bonuses during the ICO stages, they rather dump their bonuses for profit and rather put the blame on bounty hunters. What do you think?

Regarding this question there is a lot of possibility. Indeed some bounty hunters do sell their coins when they receive it even at a very low price but there is also some responsible hunters that do keep their coins and only dump the coins for specific reasons and not dump them in a irresponsible way. Personally i do know some ICO investors that dump their bonus immediately after they receive their share of coins but we cannot really put all the blame on them but also those ICOs that give huge bonus to early investors.