During the ICO fund raising stages, many scammers including projects and exchanges took unnecessary advantage of investment strategies. This in turn lowered the confidence in investors. Thanks to IEOs. But here also we should be careful selecting the project and more important selecting the IEO holding exchanges.
I think also we need to consider time span before investing. How we should expect a new project without complete development a very good return? Most of the good projects have their road map for around more than a year. The funds raised are entirely used for development and many times for listing on exchanges. So I think we should give projects time as per their road map and still then if they don't produce good returns, then we can complain.
Many times I observed that it takes most of the bounty mangers too much time to update the spreadsheet. If project decides to give payment after 2-3 months, they don't update spreadsheet till the time of distribution. I don't know why is the process? It is also important for bounty manger to have good hands on experience, as day by day, many scammers with multiple accounts are entering to bounty campaigns which in results reduces the rewards for genuine bounty hunters. To add a point, I also worked with very good bounty mangers who are managing the entire campaign exceptionally well.
From my point of view, or till now what I have experienced, airdrops don't give us profits unless we add up tokens participating in ICO/IEO or in bounties. Airdrop rewards are so small that even it does not fulfill withdrawal conditions from the exchanges.
Now a days I have seen that projects are organizing IEOs with very new exchanges on which most of the users dont have much confidence. Holding IEO on major exchanges off course costs more to projects but from investor's point of view I think this is most important.
No one knows the future but only can imagine in positive way. I think my regret is entering in crypto market very late. I hope one of the altcoin I hold will turn into new bitcoin in future
Giving information about altcoin projects via such system is really great. People need this kind of information which is helpful to do research on genuine projects. Expand your community via more social media channels.
Yes you can buy coins/tokens with credit cards. Many exchanges are now offering buying service via credit card payment. I am using VELIC exchange and they have enabled it to purchase the tokens on that exchange. Cons with credit card service is that its high fees and you can not withdraw/sell using credit card option.
The current market situation is not allowing to get full o desired funds raised for the projects due to lack of interest by investors. Also many scam projects are coming out which is impacting investment of genuine projects. I have seen only 3-4 projects doing well(?) among 10-15. Lets hope regulations will change the situation.
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At the moment, due to so many scams everywhere in the Cryptoworld, I think regulations will be good thing. But the actual be impact can only be known when it will be applied.
Untill altcoins will not prove themselves and users or investors will not have enough confidence on it, Bitcoin dominance will increase over the period. This is very much influencing price of almost all altcoins.
I still believe that ETH will stand still strong as it's still leading platform for many industrial dApps. For the short term, I see ETH will again touch $140.
It was first ICO and the IEO. And now SCO? Interesting! I know the benefits of staking but this concept for fund raising is new for me. I will check in detail about this project for sure.
For me, to overcome timing issue is not much needed because I believe in long term investing. This requires less concentration on the assets you hold. Off course, trading has its own benefits.
Apart from myether wallet, I am using Burberry wallet. Till now I didn't experience any issues using it. So it's best for me. I have not tried yet another wallets for ethereum.
With the allocation of only 5% to 15% for bounty hunters, I dont think, selling all that will collapse ICO price. There are other factors for example private investors who got the tokens/coins with huge discount, which actually affects the price. So its not bounty hunters who killed ICO. Also the fun raising technology has changed and every project is now running IEO and still with involvement of bounty hunters.
I believe when there is enough buying order, more demand than supply, we can say its bull run. As in this period, everyone wants to buy, sellers are less and thus price goes high which in turn creates bull condition. Without this, if there are not enough buyers, market will automatically turn into bear.
Thanks for the checklist. It really lightens the investment strategy in cryptocurrencies. There is always risk participating in ICOs as projects are new and we can not predict the future. But with already running projects, from the past updates of development, product and its user base we can have some vision for the future. Also After listing most of the project's coins or tokens price decrease with huge percentage. we can buy cheaper.