I look for the working product. Usually, in websites like icobench, their working product is given rates by professional critics. A rate of 4 is high enough for me and that is one thing that investors should look into. Another is the team, you might want to check the team's former projects. That may indicate how good they are in carrying projects.
|
|
|
Personally, I don't want to be paid with any type of cryptocurrencies. For others, it may be an investment but I know how unstable the crypto market is and I do not want to risk my hard work and effort to something unsure. However, in this forum, that is how stuffs work and I have no option but to deal with it wisely. How? Join ICOs that have great potentials. That will lessen the risk.
|
|
|
If the ones you are holding aren't garbage, then you can keep holding. Know your coins first. Know if it is capable of increasing in the coming months. You might want to do some technical analysis on it, check how active and credible the developers are, and what impact it can bring to the crypto-business community. It is hard to decide right away without proper scrutinization. Panic selling could be your worse decision, but it could be the best also, at some cases.
|
|
|
Protect yourself by not being so gullible. There are several scammers in this forum that take advantage of newbies. Learn how to read and apply what you read. Do not immediately plunge into something you are not sure of. Do your research regarding the offers, or if its an ICO, research on its team, scrutinize its whitepaper, and go to reliable sites like icorating or icobench etc to know the credibility of that ICO. You will lose money if you are gullible here. Always be cautious and ask feedbacks from other people.
|
|
|
If you are a real person and you have clean records, you should not fear KYC policy. But to be fair enough to those people who are not willing to disclose their private information, despite of not displaying it publicly, the ICO campaign must announce it before anything else. This way, time and effort will be saved. No more checking too many profiles if not all of those are willing to comply with the KYC policy right?
|
|
|
I don't think it would be necessary for airdrops alone to follow KYC policy. I think it would be more suitable for outer bounty campaign directions, or to investors who purchase tokens during ICO campaigns. Tokens allocated for airdrops are relatively low compared to others, so I don't think privacy is in need to be risked here. Just my opinion though. But nevertheless, I still think KYC is useful for ICO except for Airdrops. It will avoid multiple accounts and will assure that holders are real person.
|
|
|
Implementing blockchain technology in all those apps could be okay. The world is advancing and blockchain technology is one of those which permits advancement. However, people will still hold on to what they are used to. It might take several years before people abandon their facebook and twitter accounts for steemit or akasha. People won't easily trust storj and IPFS their important files. There will still be hesitations and those fresh apps that are blockchain-based still needs more publicity. Not all people knows this forum nor this technology. It will take time before people fully adapt this kind of advancement.
|
|
|
The crypto market is naturally unstable. That is pretty normal. Coins are volatile and are influenced by even the slightest changes in the market. Last three months were one of the worst bloodbath I have ever witnessed and to see that most of the coins dumped so badly, I am not surprised to see people panicked. But panicking will do us no good, just stay calm and know that ups and downs occur for a reason. The dump encourages us buy more and expand our portfolio. Just think of it that way.
|
|
|
Smart contracts indeed contributes to the evolution of the business world. Not only does it speeds up the process of verification, but it also reduce the cost. Businesses of company will be better once they adopt to the advancement of technology. I know one company in the Philippines that is currently taking considerations of blockchain. I will not mention the company name but it is a company that provides one of the basic needs of human. It might takes years before adaptation but hopefully it will be soon!
|
|
|
Invest and trade the money you can afford to lose. Loss is a normal occurence among first-time investors and traders. There will be mistakes because basically this world is confusing and knowledge is a must to build strategy here. If you want to prevent loss then go for a coin that has good feedback from the majority. Do not do trial and error on some coin, that will be very risky. Make sure that you know all the details about your prospect coins. If you wish to invest on ICOs, it is better to invest on an ICO that is already stable. Do not invest on a fresh ICO. Check its credibility and reliability through rating sites. Just keep on doing your research and you will surely grow as an investor and trader.
|
|
|
During the MEW hacking controversy, did your coins disappear? Was there real stealing that occured to you? That is the first question that you need to ask yourself. If you are not involved in any of those then that is probably some fraud trying to steal infos from you. I'd rather not reply and do what he ask if that's the case.
By the way, I just wanted to share that during the MEW hacking controversy, I did not experience losing my coins in contradict to what other people are claiming.
|
|
|
I updated my coins.ph application weeks ago and yes, they have adopted Ethereum! This is a good news to all Filipinos because many of us are part of ICOs which use smart contracts.
Coins.ph's acceptance ethereum trading gives solution to the growing number of Filipinos involved in such business and are having a hard time using web-based digital wallets like MEW. Filipinos have already built their trust to the said company and it will offer more convenience because it can be downloaded and hacking can be prevented (web-based wallets have phishing sites).
|
|
|
I believe so too. ICOs are just all hyped last year causing the price of Ethereum to elevate quickly. Right now, new regulations are being implemented which create threats on ICOs because some investors does not want/are afraid to comply with them. This decreases the chance of ICOs to end up successfully. The banning also afflicted Eth price.
Still, I am hoping that Eth will recover with Bitcoin's recovery. For me, they are the two best coin to invest.
|
|
|
Trading is a risky job so before you enter that kind of world you should know that you will not gain profit 100% of the time. There will be losses, that's for sure. You should know how much you are willing to lose before letting go of your money. Also, it is important to do research about your prospect coins.
Aside from these, the most important of all is to refrain from letting your emotions decide for you. Panicking will do you no harm unless you sell as a reaction to it. Be patient and wait for the right time. Technical analysis is an advantage here because you can analyze the price movements yourself and you don't have to rely on other people's prediction.
|
|
|
Newbies do not possess the skill that old members have. It is difficult to predict what will happen next based on chart which is why it is best to ask those people who have sufficient knowledge about stuffs here. Reading threads here can somehow enlighten your mind and if it still confuses you, consult someone. This is what I personally do. Good thing I know some people who are joined here ahead of me. In terms of panicking, so far I have not let my panic decide for my actions.
|
|
|
From this, we can reflect that cryptocurrencies are highly volatile and are naturally unstable. The price can elevate just that quick and it can dump that quick as well. Cryptocurrency investments are risky and that is a fact that future investors should know. Loss is inevitable because that is how you learn your own strategies and techniques - that is how you grow as an investor/trader. Just be sure that you don't commit the same mistakes because in this kind of world, you can't afford losing more money.
|
|
|
Interesting but it could be better with a reference link. However the statement here that bitcoin can be destroyed by the US government is questionable because we all know that bitcoin is a decentralized cryptocurrency. It won't be controlled nor destroyed because no one actually has a control over it. As long as there are people using it, it will still be alive. Regardless, in my own opinion, it is not relevant to know who really created it. If there is a relevance, I'd be glad to hear it out.
|
|
|
I am not sure if there is a law regarding this in my country but definitely, the government will not allow a new currency to replace the existing currency of a country without the dreadful legal process.
Regarding the bitcoin, I am very much sure that bitcoin is decentralized and is not capable of being controlled even by the government so why bother? It will not change the existing currency of any country because of its unique feature. It supports anonymity and that is something the government will never support. The government want background checks, transaction records, and access to all necessary documents. It will not allow payments that it cannot track.
|
|
|
This is the time of the year where people kept thinking that cryptocurrencies will die because of the bloodbath. Before plunging into the world of crypto, please know that this type of market, if not 100%, is 99% unstable. You can't just expect for it to stay green all the time.
Also, great investors wait for the right moment so maybe that is the reason why they are still scratching their heads. They are not stupid enough to invest on coins they don't find worthy. But that does not mean that it is the end of all this, there is just a right moment for everything. People still keep coming, they are just not as impulsive as you think they are.
|
|
|
|