If I wanna choose the which signature campaign to join, I will probably look at the aspect from the rules and the token allocation for the campaign, bessides that i will also look into the campaign manager to seek whether is it reliable or not.
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It depands, the investment in altcoin is risky, if we din't do any research beforehand, then it is hard to us to determind whether the project is profitable or not. So it might loss a lot if not research done beforehand, but if we choose the correct altcoin to invest after research, it will be more profitable.
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I regret of selling out my bitcoin so early just for the purpose of cashing out to go for travel. But who know what will happen in the future, is useless to regret .
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It is hard to say that altcoins able to go rock this year. The current market grow slow and lesser people are interested in crypto, thus it is hard to rock this year for altcoins.
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I will read thru the whitepaper whenever I plan to invest in a new project. I will also do some research based on the whitepaper to see whether the bounty is worth to join or not.
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Yup, i am still holding my poor capital now. If I sell now, i will lose more, but i have the confident that the market will rise again.
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The more the urge of greed we have, the more we want to invest in crypto. But there is no limit of greed, so we must choose wisely of what to invest.
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Depands, will based on the value of the time to decide. But normally i will just choose to sell and hold some for i want more capital to invest in new coin.
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ICO and trading is different area as ICO is now a new field that with a lot of potential but still lack of the scam prevention. But for trading, this field is known more by people and is more safer to invest, but the return is low and slow. So i will prefer to do my homework and invest in ICO.
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It is good to do research on the ICO that we want to invest. If the ICO meet following criteria, then is consider can be invest. 1. To study whitepaper 2. The project partnership 3. The level of hype
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Airdrop is one easy way to gain exposure. In exchange for simple tasks, you gain a small amount of tokens. The ico team gets what they wanted, you get rewards for the little time + effort put in.
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There are a few ways to spot scam ico.
One of the most common ways are - no profile of the team members like no picture (just name) or the linkedin is not working etc. - they focus on the profits and not the growth of the product, promise you 100% return in a year - spelling mistake in their website/documents, not professional and it is just cheap 3rd parties. - unable to show that they are actively promoting in real world, always hide behind the screen.
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Last night I had a discussion with a friend if it's possible to quit your job and make a fulltime living of promoting bounty campaigns. My friend thought you need to promote a lot of bounties at the same time (100 per week), to compensate for the uncertain number of bounties that will never to lead to any income (coin cannot get listed, withdrawal fees of exchange is too high, scam, etc.).
So the question is: do you agree with this statement?
Living on bounty is possible but highly not encouraged. This is because right now at this climate, the ico is still consider lucrative and ico are generous in the bounty. However, things may change. However, if you manage to strike jackpot, it will be very well rewarded.
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it is very common to encounter such situation. people tends to chase after gains and cash out during lows. Although we keep saying dont buy high and sell low, it is not easy to resist. However, learn from the experience, and you will be better the next time.
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One cant time the highest and the lowest price. It is all about building your own portfolio. Once you develop your strategy, you will realise that it is not about chasing the max profit, but it is about chasing to secure your base.
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It depends on where the ico rating is from. A lot of ico rating site make money by 'selling' their rating. In such cases, ico has to give them money to improve the rating. Hence, these rating are very bias and not reliable.
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One very popular advice is always not to put all the eggs into one basket. EOS and ADA are both good picks and it is just about profiting more or less. However, spread out your portfoilo to both coins and it wont be wrong.
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As of right now, cryptocurrencies are still new to a lot of people, even a lot of people in my country also have trouble going cashless payment, so it gonna take quite a while for people to get used to fully digital/cashless.
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It was never really "legit" and I would claim the market now is even worse for the average investor than before. Unless you got some hookups or are able to get on a white list will a level playing field, fugget about it.
It was also never really illegal. Right now, there isnt any official statement release that is in depth for ICO yet. I would have to say that ico market isnt that easy making money now. In the past, you can see ico x10 or even x100 or x1000. This is because fund rise is less than 1mil etc. So they will have room to grow. But right now, good ico will already want to rise like 30-40mil.
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Both ETH and ADA are very good coins and both showed extremely good potential or potential great growth. Nevertheless, i am positive that both will grow from here, profit is almost certain, it is just that whether which one will profit more.
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