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Day trading is one of the solutions to increase the number of your coins and recover the value of your portfolio.
It is not an easy one, very stressful and it takes time to become experienced.
It needs lot of learning and practice.
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There are abandoned projects and those without active development.
They have small chances to survive the bearish market and their value could go near to zero.
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Why this topic ? Crypto is far from end. In fact it getting more and more followers every day. Big companies already started
implementing blockchain technology into their processes, even financial institutions.
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Cryptocurrencies are a revolutionary technology and they will stay for long. The road for going mainstream
will take long time and we are still at the beginning.
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I do not think that banks will disappear because of crypto but they will start using blockchain technology in their processes
and take advantage of it`s benefits. Banks will actively want to be part of crypto market as we could see with JP coin,
and this is only the start....
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I realized that it is very difficult to predict the market and it is not always behaving as we expect. We have
to adjust our behavior according to that and not to get hurt if things does work out differently as we predicted.
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We should never look at bounties as a main job rather as an additional income. The reason for that is that
the result does not depend only on you. It depends on the market conditions, bounty selection, and on the
organizers and BM good will if they will fulfill their promises or not. It is not an income you can regularly count on.
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Only those projects will have long term value which has a working product and and a use case for it.
The rest will be struggling and their value can go to zero without active development.
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There are many good news on the market and a lot of ongoing development. Still it is not reflected on the price.
Occasionally we have upward price movements but then correction as well. The market is slowly moving into
a good direction but it is early to make conclusions like bull run has started.
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There were many scam ICOs in 2018 and the bear market also made lot of the ICOs to look bad and to fail.
The result is that now we have very low willingness to investing in them.
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Definitely, we have to learn from our mistakes but it is much better from learn from the mistakes from others.
This is why we have a lot to research and make our own analyses based on the experience of others.
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I think ICOs are still a good way of fund raising. The problem is not with the method, rather with many scam projects,
and the bearish market situation works also against them and they are not profitable as they were before.
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You are right, the market has it`s own cycles and that has nothing to do with yearly split. Bearish market
is a normal situation of the market we have to learn how to deal with it .
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Blockchain technology is here to stay but governments as well. They will have to admit all the benefits of this new technology and use it themselves.
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