Whether positive or negative opinion is given does not mean that the price will be rising. As we now see, bitcoin that crossed $10,000 is currently trading at just a little bit above $8,000. Cryptocurrency market is not what anyone can perfectly predict what happens in term of price because of its volatility.
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That is because people are acting addicted to some exchanges. You will see the investors insisting that they want a token to be listed on a certain exchange where there are series of exchanges looking for free listing.
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This is a superb overview. I always knew the IEO in line with trustworthy exchanges is the best to invest in. And I'm sure it will take a very long time for scammers to get a manipulative way into IEO if not forever.
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Some tokens might have been listed a while ago and because of lack development or no product to create utility, such tokens might no longer be traded as there won't be any use for it and thereby, no new buyers. I guess that might be the reason. Another way of looking into it is that those tokens you see on CMC pay to get listed.
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Time will tell as it goes by. Remember this same China banned and suspended lots of cryptocurrency projects and we heard of them building a blockchain network not long from the ban and suspension. Cryptocurrencies will be the future but I doubt if it will be wholly.
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Just like you have said, conducting a research before joining an altcoin project is the best way not to fall a victim of scams. Know the team as much as they claim they want to know you through KYC and don't fall for too good to be true projects. Although there might be regulations as goes by but to what extent will it be effective.
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It is better to sell at loss than to keep incurring bigger losses as the coin or tokens you're holding keeps falling. Sometimes you buy your bitcoin and you discover that the price is getting lower to the price at which you bought. The best thing to do is to sell and buy again to increase the quantity you get.
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I just wonder why people choose to invest in altcoins over stable coins despite failure and scams in altcoins trading, price crash and series of scam altcoins that rocked 2017 and 2019. To me, buying bitcoin, ethereum and other stable coins when prices are cheap and selling at a higher price is better than throwing ones good money in the air just in the name of altcoins investment.
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It seems hodling is now in the hold book as altcoins hodlers only live to tell their tales of regret just like I also did back in the days. There are series of ongoing great projects bounty but selling immediately after distribution is the current way of avoiding lost in hunting.
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I doubt if scammers will get a way to manipulate the IEO into their advantage anytime soon. What I just fear now is the dumping activities as a result of getting excess bounty reward through cheat by sum no sight bounty hunters. Aside that, IEO is still shielding investors from ICO scammers.
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The best thing to do is to avoid blind investment in to ICO. We should ensure we read the project's whitepaper and as well research the authenticity of the team. We should avoid and regard any project foresight that seems to good to be true.
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That experience is so pathetic. I have experienced it times without number and my wallet is filled up with the tokens. That is why some hunters base only on signature campaigns that agree to pay in bitcoin and ethereum.
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I can accrued this to the improper handling by the project team as well as dumping activities which makes the investors lose and the token being at over 90% less to its value. That's the main reason behind this.
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Look at you. That you believe in a project doesn't mean everyone should. And your analysis to conclude decisions doesn't mean it will be a success. You may end up being wrong.
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Why would I? China threatened to do the same with bitcoin back in the past and that didn't even affect bitcoin. US and some other countries ban ICOs in their country and it doesn't affect a lot of the project. France and Germany blocking Libra isn't going to make me at all worried.
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This is really great. How I wish I've learnt about this two years ago when I was newly participating in bounty hunting. Majority of us have fallen for shit because of lack of access to this information.
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That is exactly the way it is. The price falls at over 95% just after listing on exchange in less than an hour and you will hear the project team tell you they have no power over the price which is the truth. The cheaters in bounty that do multiple participation seems to be the problem as the acquire so much illegally and can sell so cheap. That really affects us the honest participants.
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It is your choice. Many walks away because they've lost their fortunes to altcoins investment as a result of scam and dumping activities. Some hunters also got their time wasted on both worthy and unworthy tokens which they cannot trade because they are either at a dumb dumping price or because the tokens never get or will never get listed on an exchange. Just like I said, it is your choice. But I advise you consider what you've made and lost in bounty and altcoins investment before you continue.
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