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This is true. I've participated in a number of them where you get rewarded with big number of tokens but once it's time to exchange them it is worthless. I hodl those tokens hoping that one day something strange will happen.
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Bounty hunters don't necessarily have what it takes to fish out scam projects, they only become obvious if at the end they refuse to pay hunters for their work.
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In this world of uncertainties anything is possible but so far crypto has survived through its early age when it looked like it was going to fail. Hopefully it will never come to that.
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A lot of altcoins have done considerably well considering how long the bear run has lasted. It's premature to conclude that altcoins will be left out.
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TrustWallet is the best crypto wallet solution out there. It has really made a number of alternative obsolete with how easy and say it is to use. I haven't looked back since I started using it, even though I have a hardware wallet.
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I'm beginning to doubt we will ever witness the altseason we witnessed years ago. Bitcoin is currently dominating the rest of crypto by a mindbogglingly range and it's almost impossible for that to reverse anytime soon.
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It's good to the overall growth of crypto. India is one of the most populated country, imagine the millions that the door has been opened to to continue to transact in crypto.
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If I already lost 80% of my capital then there is no need quitting at this time. I will have to hodl till forever, if the whole market goes to shit so be it, if not then one day I will be able recoup most of my capital.
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People should be careful because a lot of scammers are only waiting to exploit the sudden market rise. They see it as opportunity to shill their shitcoins. Be careful what project you invest in. If in doubt follow your heart.
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I'm really surprised by how much ethereum has lost in the past days. A drop in price is to be expected but I didn't expect the sudden drop in price from almost 300 to almost 200.
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Finally hodlers get rekt as opposed to what was commonly preached some years back. It's better to take small profit than riding down to bottom hoping for moon
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This happens when people are all about the money. They fail to be objective in their actions. I hope it serves as a warning to others and people should falling for scam ICOs because an artist put out a paid advert for them.
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TrustWallet has gradually become the most trusted smartphone wallet. In the instance you lose or replace your phone, you can recover your wallets by using you passphrase. And it has a password feature in built which when enabled will prevent unauthorized access to your lost phone.
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It may not perform better than the current top cryptocurrencies. If anything, a lot of people will be critical of Google's own coin and that might affect its acceptability.
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This is the risk with trading of any sort. You have no guarantee that you're buying at the deep and it won't go lower further. But one way to reduce the risk is to buy at different points in the bottom.
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It's a good strategy to buy each a coin is down and sell when it is high but you can also lose out on high gains from holding your previous position if the coins keeps rising.
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Binance coin is the last coin to bet against even though every coin takes a hit during a bear run but Binance coin will always bounce back to beat its previous ath. Currently it has beaten the $23 prediction.
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Altcoins are not bad but a good number of then are and it scares a lot of people aware from them. Many have ended in exit scams, price manipulation and so on.
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