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Personally, I don't believe cryptocurrency can be predicted. And even if done, I doubt it's accuracy. But one can analyse trading activity, study it and trade based in their analysis. But preduction is a no-no for me
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I dont think we will yet have this as a problem. It's almost impossible to ban a decentralized asset being cryptocurrency. It's not ponzi scheme, its not scam, it's not illegal. There there is no room to be afraid when you are legally doing a legal thing
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Yea those remain the biggest money slot.
But dont forget they also require he biggest money for start up.
So the nest advice is not to forget bounty and airdrops, the rest of us cannot afford the biggest money slots for now.
Meanwhile, projects still need bounties to promote and gain more investors
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Finally someone came along and thought along.
I really see it frustrating and needless to hold altcoin. If I want to invest and hold, I have ETH, BTC, etc.
But for altcoin, I'll rather day trade and make my profit while I can
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When people just start topics like this with no basis or reason, I just dont get it.
NEVER INVEST IN CRYPTO
Then you start telling us the only way you think people should join crypto by earning.
Firstly, you cannot take away the word INVEST from crypto, it's like bread and butter. And if you have any otherwise(es) its should be clearly/factly stated
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This allegation is old and we are way past that. Any project that is still paying their hunters in their token should accept whatever comes. USDT, ETH, etc is still very acceptable of paying hunters, that way, they value of the project still stands
We are know that bounty is the best and indispensable way of marketing the project to create awareness and more investors.
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I am just coming here to ask those that may seem to know more than I do, the very reason ETH has been pumping so fast for the past 1 week, yesterday it touched $410.
Okay, this is good but scary as well. Are we going back to 2008?
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Someone finally said it out.
I have been seeing lots of topics with people all over people who intend to invest and get profit in a short time. I usually ask myself, do I have to invest for 2, 3, 4 ,5 years plus?
The way everyone goes about it, make me feel like selling to make profit on invest ment from 1 year downwards is inappropriate and impatience
It's my investment right? I'll decide when to close it.
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Alarming, the increasing price in fees are really alarming. Price changes almost if not everyday. The volatility is on the high side.We are forced to think what happens with ETH 2.0?
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Make I no lie you, odikwa risky.
Lol
What that means is, it's risky. Like you rightly said, the measures we used in determining what coin/project to invest in is being manipulated these days.
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Name doesn't really matter if it's a unique one. What should be is the team behind it and it's plan for the future. And when I say unique name is it shouldnt sound like a fake version of some other successful project.
E.g EtheNium
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Until any other currency that is widely accepted, used and digitalized comes up, crypto is still and will continue to be the future currency. The countries banning it will fall in line soon, give it time.
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Why does this even have to be discussed? It's the responsibility of every project or exchange requesting for KYC to run confirmations on what is actually submitted. Why then are you asking for ID card when you don't have a means to proof its authenticity. You might as well just stop asking for the KYC
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All has it's flaws, ICO is full of scam and fake projects. Many has lost money on ICOs and STO is nothing different from it. IEO is much better but has it's bad side as some exchanges IEOs fail and some that claims to be real, are not real.
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It will take experience and high rated knowledge, money and time to be involved. Whereas bounties and airdrops require less and costs nothing. Bounties may not be the biggest but it at atleast something.
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It's quite understanding how day trading could work better than holding, but trust me, some very volatile coins doesnt support that to some extent, I recently tried day trading on a coin. I sold the initial when price was high, then bought back the tokens, had more. Then greed made me sell again when price went up, only that this time, it kept going up for 1 month plus and that's how I couldn't buy back.
So in essence, volatility matters
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Funny enough, I do not have any favourite coin right now, some coins have surely made me some nice profit like LCX, but I'm yet to decide which is my favourite and that will be based on a much more longer experience trading it.
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So in essence, what I have learnt from here is
1. Look out for the project's address, google to make sure it real, map could help here.
2. Check social media account if new, check face, etc
3. Look out for team members if they really promoting the project or just some paid managers
4. Check for license, website, white paper.
What else I'm I missing,? Pkease add
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