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You forgot another important point. It's good luck. Some without knowing anything invested in good projects and received x100 from the investment.
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I think there is a rule "become smarter or die" if a year ago the market still forgave beginners mistakes now have to act without mistakes just to not lose money.
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No, 24/7 is too much. I'm just starting to learn bounty. Definitely realized that airdrop is garbage and not worth wasting time. I also invest in ICO. Unfortunately for the last two months all my investments were unsuccessful.
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There are many ICO aggregator sites. They even write where there is a bounty. Study all the projects and choose the one you like. See that the amount of payments divided by the number of participants was sufficient.
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Of your coins, I only like BNB. Look at how this coin has been behaving for the last six months. The whole market is falling into the abyss and BNB doesn't seem to care. But when the market starts to grow, this coin can also grow well.
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Better to product was. But there are many examples when the ICO team did not provide the product. You could only read about it in white paper. But then, after the ICO, we could see both the product and the price increase.
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You may not believe this, but I'm not surprised. I was not even surprised when the air dropped in price a few days ago. It is logical that now people are less involved in ICO and also try to withdraw money from crypto.
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So such perhaps more than half. They do not want to study anything, to understand how the blockchain works. No, they are only interested in speculation and profit. But without an understanding of the principles of cryptocurrency can not earn in this market.
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If you believe in the project, wait until it is listed on a large centralized exchange. Its price is likely to rise. Idex is not an indicator in this regard. there really is often a dumping price.
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I usually trust these sites. This makes it easier to find interesting projects. But then be sure to check all the information. I study the team, read white paper and draw my own conclusions.
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Typical story. I see what happened to you as a valuable experience. Analyze your actions and understand where you acted wrong. can be had to be used to lock in profits may be needed to buy other coins. Do not be afraid of mistakes, you can learn from them and move on.
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I'm just holding, too. Need some good news so that people once again believe in crypto currencies and have started to invest. There was hope for an ETF but it was moved to September. I hope in September will decide.
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It is obvious that cryptocurrencies are going through hard times. Perhaps the most difficult for all time of existence. But the better that the crisis has already come and will soon pass. We just have to wait a little bit.
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And even now, when the Ethereum is worth less than $ 300, I'm sure it's alive and will soon begin to grow. People are afraid to invest in ICO now, so the price is falling so much. Technically, Ethereum is still the number one in the world.
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We learn from mistakes, right. But it is better to learn from the mistakes of others, not on their own. I had a mistake when I bought a lot of altcoins and just waited for them to grow up. Didn't follow the news. In the end I lost half the money.
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So the problem is that the market is not very big. And it is easy to manipulate. The last drop was a manipulation. I think we should not panic, since we are only waiting for us to sell their bitcoins. I'm not going to sell anything.
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Very often the forum ask the question of what altcoin to buy. Why would you? there is bitcoin, buy it. If you are a beginner then you definitely do not understand the crypto market. You could lose money. But if you buy bitcoins the risk is much less.
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All bounty hunters are different. But the General trend is of course. This is to sell tokens immediately after receipt. But if you are involved in a good project, then there is no sense in selling your tokens on IDEX for example. Unfortunately not everyone understands this.
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Interesting discussion. When people will understand. that the market is oversaturated with useless coins and stop buying them? Because of this, bitcoin is worth less than it could cost. Because of this, people are disappointed in trading cryptocurrencies and leave the market. This also has a negative impact on capitalization.
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I'm sure in a year the cryptocurrency will cost more than now. Not all, a lot of coins just disappear as it will not be necessary. But the total market capitalization will definitely grow. The safest thing is probably to invest in bitcoin now. But not the most profitable.
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