Of the three coins, I chose all to invest because they have great potential in the market. XRP coins are very good because now they can shift Ethereum which was ranked second in Coinmarketcap. I have personally invested in Bitcoin, Ethereum and XRP. And I hope you can all invest in all three coins.
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I personally still have great hopes for Ethereum. Although Ethereum is now down in rank 3 there are still many investors who believe in this coin. There is no doubt that Ethereum is an established coin and has a smart contract to become an ICO platform. Of course, this will also encourage Ethereum to get back up.
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After many ICO projects failed, I am now more focused on trading the top 10 coins. In my opinion, though this also has risks but to experience fraud is very small. Investing in the top 10 coins now is a very good time because the price is also very low now. Before the market rebounded, I thought we should have lots of coins.
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The mistake I think is very big is losing Ethereum when investing in ICO. I am not careful when choosing an ICO project. The ICO project that I used for investment failed, but my money did not return. And in my opinion, this is an ICO fraud, even though I suffered a loss but this is a risk.
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Tokens which after being listed on the stock and the price are immediately low. Yes, I often experience this. If I see this because the price of Bitcoin and Ethereum collapses. Bitcoin and Ethereum can have a tremendous impact on all coin growth. Like late 2017 and early 2018, the price of Bitcoin and Ethereum is still very high. So that ICO tokens are still of high value.
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Yes, I still think positively about the market situation until the new year. That market I think there will be an increase but not as big as in 2017. And what I need to do from now is to try to collect coins that have potential. Of course, before the market goes back up, we have to have lots of coins.
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For this December, the lowest value of Ethereum is $ 84 and this is very close to the number $ 50. But Ethereum grows because the price of Bitcoin has also started to rise. And now we can see the price of Ethereum 115 $ and this is in red market conditions. I personally believe that if the value of Ethereum will continue to grow.
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In the last few days, the market actually shows a very positive trend that Bitcoin and Ethereum have started to increase, even though the value is still low. And now the crypto market is back red and I'm not really sure whether there will be a big surge later this year.
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The Crypto market is indeed very interesting and can always surprise us. And now there may be many people who are panicking because the market has not recovered. And a strategy to save coins for a long time will be a good choice. But not only holding coins but investing will certainly be much better. Because the decline in market prices is a good opportunity to buy coins that have good potential.
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In the condition of the decline in the crypto-coin market, I was still able to receive the Bounty token. However, the problem is when the token that I received, of course, to enter the exchange is still a long wait. And most likely when the market has surged upwards. And I think this has been considered by the team and developers.
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As an investor, of course, you also have to look at the market price conditions and the best time to invest is when the market turns red. I myself will try to invest in 10 coins that have the highest capitalization. Like Bitcoin and Ethereum, both are very good for investing.
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Selling coins because they are afraid if they experience more losses. And I think this makes perfect sense in the very collapse of the crypto market situation. However, selling coins is certainly not a good solution for now. Continue to hold coins and invest in promising coins because the market will definitely recover.
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Bitcoin, XRP, and Ethereum will still be the top coins. Entering 2019 I think the price of coins must slowly begin to increase. And before the new year, it's better to invest in the top 10 coins. I think this investment is very profitable for 2019.
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I don't think they will refuse to use Crypto for payment media. Because now technology is also developing and everyone certainly likes things that are not too complicated. I am sure that more people will receive crypto. But of course, this requires a long process.
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Many expanded ICO projects and ICO scams also increased. Many factors that affect this can occur such as a decrease in market prices that do not increase. So that many ICO have difficulty getting investors so the project fails. And payment for the Bounty can be delayed longer.
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Disappointed of course we will feel in doing this work because the project we are working on is fraud. But not only do you experience it and if you give up I think it's useless. Before you join the Bounty project, you should do research. Some people get successful Bounty projects because they are knowledgeable and careful.
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This is what makes Crypto trade even more interesting if I think. We must be smart and careful in investing. Coin sales often occur that make me regret because the coin is able to pump higher after several months. This trade is very challenging and if we can use a good and successful strategy, the profits we get will definitely be big.
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The market condition of crypto coins this year is very difficult to make a profit. I myself often make mistakes in buying coins. When my coins are bought in red market conditions, the coins will drop in price. And now I prefer to be patient and buy coins that have potential and I will sell when the coin prices soar.
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KYC is a procedure that now has many Bounty projects using this for Bounty participants. I personally strongly agree, but it must be considered that there will be many difficulties in running this application. And I hope that every Bounty project procedure is announced at the start of the Bounty project.
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Forming a body in charge of checking ICO, I think a very good idea. Because we can see that in 2018 there were many ICOs that were unclear or failed. So that this body is very good to be established so that the development of ICO is also getting better.
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