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More and more people are joining the market and more countries are putting serious money in blockchain technologies so the market will recover in six months to one year max.
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I am picky, as I am sure most of us are or should be at least. Losing money on crypto is easy so if we are not picky, we raise our chances to lose. We need to pick only the best ICOs and bounties to participate in, otherwise, why even bother getting into crypto.
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I personally earned a lot on altcoins, so for me it's clear you can earn big on altcoins. But you should be confident in your coins and DYOR before investing.
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I think investing in ICO is too risky now when it's not regulated properly and there are a lot of scam ICOs. So I prefer Bitcoin and altcoins such as NEO, EOS, ETH, XPR, i.e. top altcoins with good potential.
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Among other altcoin, ETH is always the best coin to invest in and trade with. Many people are holding their ETH in hope of great profit in future.
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We have to believe something. I want to believe that icobench, for example, have criteria such as team members, project quality, whitepaper, etc for conducting their reviews. I trust icobench, but I still do my own research if I want to invest.
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I don't recommend you to buy anything with all your money. How is that wise? even if you believe in currency, anything may happen. Invest only something you can lose. If you can lose everything, then go ahead and invest. ETH is a great coin, but no one can see that far in the future.
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Now I'm more inclined to Litecoin because this coin is more stable among the altcoins and I think that it should be kept at least half a year.
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It's difficult to suggest anything now, the ICO situation is too unstable and the ratings are sometimes incorrect. Also It's not a good idea to invest the entire investment in one ICO, you should pick at least three or four and split your coin among them.
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We all make mistakes. Don't be too hard on yourself. We learn from our experience. The cryptomarket is still here and you can make it all work again. You already know what went wrong, it's half the way to success. Be more patient, more wise in your choices. It was a lesson for you. Don't forget it, but don't make it stop you from moving on.
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You need to do your research to figure out which coin will drop in price and which will skyrocket after ICO. Usually for good coins, the prices rise after ICO so no reason to sell unless you desperately need money.
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I think we are in for more uncertainty and fluctuations. There is no absolute high and low here anymore. From what I see, the market will probably raise the price again, but for how long it will keep, who knows.
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The best strategy is to HODL the coins. The market is still establishing itself and is highly volatile and turbulent, so buying and selling is risky, Some people are still joining the race and buying coins, so the prices are not the lowest. So, I suggest hodling for long term and not panic selling in these market conditions.
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