indeed it is very difficult to detect or determine which ico is not going to be a scam and where is ico going to be successful, even now there are some ico that look good and the sale of tokens is almost hardcap can be a scam and ico which seems less attractive and less good become a successful ico.
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if indeed like now it should be more careful if participating in an ICO from the country, it is possible that the ICO development team from the country lacks sufficient knowledge and experience in the crypto world or the projects they make are not so attractive that not many invest in the ico.
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actually I am also a little confused with the ban on ico in China, while about 4 years ago China released crypto that is neo, but in my opinion maybe the ban will be removed because now the ico project is interesting and there are also many participants, and maybe if China also makes the ico project also will be good and successful like neo coins
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with the deteriorating market conditions as they are now, we should continue to be patient waiting for the market to recover and hold the coins that are still held in the longer term, because perhaps the market situation deteriorates as it will last in the long run, or even this situation becomes an opportunity to buy a few coins to hold in the long run.
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and now the price of BTC has experienced a very drastic price decline since the beginning of last year, and in fact I have often encountered threads whose discussion is almost the same as this, in my opinion the decline in crypto prices in the market is due to bear markets that will eventually end, just that reason I know why crypto prices are currently experiencing a very drastic decline
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Of the many project bounties I get most of the information from this forum, but for more information on project bounties, I usually visit the ICO site (if the project bounty is ico) such as icomarks, icobench or other ico sites. but if you are still looking for a project on ico site, usually I see the ico rating first, but that doesn't mean I will believe ico that has a good rating is a good ico, after I chose ico which has a good rating I usually read the detailed information about the ico, whether it's whitepaper, road map or anything else.
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whether it is true or not, but maybe it could happen if big investors dare to spend a lot of capital to manipulate crypto prices on the market, but if the market is currently being manipulated, why should the market deteriorate so far, this situation actually makes a lot once people leave the crypto world because most of them think that the market will worsen and will become part of history.
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maybe this is a difficult time not only for eth but also for all crypto, because almost all crypto in the market experience a very drastic price decline, but maybe rumors about a market recovery that is predicted to occur later this year will occur, if seeing the current market situation, most of the coins are red, but if you see the price is experiencing a pretty good price increase, but at least it has experienced price increases after a long time of falling prices, maybe this is a sign of price recovery or even this increase will only occur in short term only.
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maybe they don't see the chance that the coins they get from a bounty will increase in the future, then they immediately sell the coins they get when the coins are included in the exchange.
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as you have seen today, crypto prices have decreased very dramatically, and what I know is that it is the bear market that makes this situation happen, and until now the state of the market has not shown a sign of price recovery, and this situation has already begun from the beginning of last year, this situation will probably last longer, because until now I have not seen the market show that there will be a recovery
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whether or not the current market conditions will occur, because for the past few months the market conditions remain uncertain and unstable, but from some of the articles I read, most predict that the market will recover at the end of this year, but it's just a prediction that won't necessarily happen, preferably if you still have coins, hold on to a longer term while waiting for the market recovery to actually happen or not.
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Indeed, if you look at this time is the right time to buy BTC to be held in the long run, but maybe it will also be a little risky if you buy it now, because of the fear that the situation will worsen as often happens, when you see the price starts to rise, but it turns out it's just a lie, it turns out that the increase only lasted in the short term, after that it experienced a drastic price decline again, this uncertainty and instability is what makes it risky to invest in crypto now.
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indeed at that time neo seemed to have good prospects for being able to become the next eth and neo also had the nickname as eth owned by China, and coupled with neo development which could be said to be quite fast because it only took around 2 years to be able to do it as it is today. but now neo has even experienced a downgrade which previously had the opportunity to be in the top 10 even now it is ranked 15th, maybe this is the impact of the bear market that has made neo become what it is today.
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not all bounty campaigns have the same time period, there are bounty campaigns that last for several months and some even up to 5 months, but there is also a bounty campaign that only lasts for 1 month, but maybe now it's quite difficult to determine which bounty campaign is good and where is a bad bounty campaign, especially a bounty campaign that comes from an ico.
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I think it's a little risky now when investing in ico, not because I don't trust ico, but if I see ico's situation lately it's hard to determine which ico is good and where ico is bad, because good ico isn't necessarily really good also with the opposite, so be careful if you want to invest in ico, sometimes ico which seems good instead becomes ico who is a bad scam and ico who actually becomes a successful ico.
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panic is a common thing when the market is deteriorating or experiencing a very drastic price decline as it is now happening, they panic because they are afraid of losing profits from the coins they invest, and what makes panic even more is the state of the bear market has been going on for these few months and until now have not shown signs of experiencing recovery.
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instead, I think that ethereum will be the next bitcoin, because from the ethereum volume it is getting closer to bitcoin now, and maybe in the future Eth will become the next btc, so it will be very difficult for waves to surpass eth now.
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I don't think so, just as the government in my country used to urge people not to use coin crypto because it is very risky, but after all this time, I got a news that a bank in my country would issue its own crypto coins, and actually it made me confused. why did the government have to urge people not to use crypto but eventually the government itself would make crypto coins.
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Yes, I strongly agree with your opinion about the drastically lowered price, there is still a possibility of price recovery, it's just that in the crypto world it's difficult to determine when the recovery will occur, because of instability and uncertainty in the crypto world, and better be patient again because until now the market has not shown signs of recovery.
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and the decline in the price of bitcoin is what is followed by the decline in altcoin prices, because basically the price of altcoin depends on the price of bitcoin. I don't know when to hold what I still have, because even now the market situation is also unstable and uncertain.
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