The current fear about new projects is all about the scams and failed ICO that we all experienced in that past few years, most especially the year 2017. This fear is going to deprive many people of benefits of high profits in the ongoing and newly conducted projects.
|
|
|
I just can't do but wonder if we can have a year like that of 2017 anytime soon. There hasn't been any reasonable or long term bull run since and this isn't affecting only ethereum but all the coins.
|
|
|
Holding Security Token Offering is a wise thing to do as partaking in a token STO makes you a shareholder entitled to a certain amount of profit from the company whose STO you pertake in.
|
|
|
Holding altcoins further, especially when its value and bonus acquired at ICO has already covered the money you invested in it is nothing but financial suicide. If you don't sell before bounty distribution for such project is done, you will have yourself to blame. The fault is not mostly from the hunters but from greedy investors who thinks bidding low buying price is the best way to buy from hunters.
|
|
|
Investing for long or short time depends on the coins invested in and the time of investment. One cannot nowadays buy a token from IEO or ICO and hodl for long time. Selling at the prevailing price at the our of listing is the wise thing to do. Bitcoin and other well-known coins can be held for long time base on the time of investment.
|
|
|
The activities of bounty also have a negative effects of the token price most especially at the bounty distribution time. Some investors will want to take cheap advantages of the hunters buy bidding extremely low price to buy and most of those tokens find it difficult to get bag to their normal price after the greedy people pull the price down into muds.
|
|
|
Not only the project teams are to be blamed. Although the major faults are from them by not developing their project to the point of having major products before being listed. There are some investors that in order to take cheap advantage of bounty hunters, they bid ridiculously low buying price and many projects finally finds it difficult to recover from.
|
|
|
Showing pictures and attending cryptocurrency seminars has been a strategy that really worked for a lot of projects that turned out to be scam. ProFish is an example of such projects.
|
|
|
That is the blockchain technology for you. There are series of daily life activities and sectors. These sectors are what each of these blockchain projects are developed based on. As these sectors are coming up or thought about, someone thinks of solving the challenges faced in them and then proffer solutions using blockchain technology.
|
|
|
Selling your property to invest in whatever cryptocurrency doesn't worth it in the first place let alone of investing in altcoins. People are supposed to have learnt from 2017 experience. Some people bought ethereum and bitcoin at $1,200 & $19,000 respectively but what do their investments worth now? Selling your house to invest in altcoins is a grave mistake.
|
|
|
The major reason for the scarcity of altcoins investors is scam in the name of ICOs. Most of the those that are not scams ends up being shitcoin or tie down investors fund over a long time for no reason.
|
|
|
The individual response to this will largely depend on the amount or value of the cryptocurrencies concerned. It can be a wise decision for someone who holds millions of dollars in cryptocurrency but it won't be for someone who has just a few buck.
|
|
|
This is just apt. This is digital time but it is unsafe to keep your wallet private keys in the Google cloud or any online safe, especially when you are prone to being hacked. The best way to keep your wallet private keys is to do so in analogy. Write somewhere and keep it safe. You can code it in case you fear someone might see it.
|
|
|
I guess they CEO and his team members should be given some times to iron a way to defend their actions and inactions. Although, it is wrong for the CEO to leave the group when series of questions are still unanswered.
|
|
|
I doubt if that will be the case. A lot of investors and partners pull out of bitcoin and ethereum at start and it didn't kill the project, I am sure libra is a coin to stay most especially with reference to person of Mark Zuckerberg.
|
|
|
No matter what the season may be, the scammers are always available to manipulate the newbies to steal from them. And as regards altcoins investment, no matter what the season is, investing in Bitcoin and ethereum is the best and most secured investment anyone can go into.
|
|
|
|