It is difficult to talk about market forecasts or a specific coin. The market is still not going up. In General, Ripple is a very promising coin, which in the future, according to many analysts, can reach a price of 5-6 $ for one token. Hope so and will in the near future
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I started the bounty at the end of 2017, and at that time it was much easier to earn than it is now. A lot of companies for 2018 or not completed, or not paid, or paid but little. The most annoying thing is that a lot of companies infinitely extend the bounty indefinitely. This is very frustrating, although I understand that the market is stagnating, and when growth begins, everything will be different
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The decline in the price of the token after entering the exchange can be significant, several times. Moreover, this price is moved by bounty hunters, because the trading volume is small, and those tokens that are received by bounty hunters are enough to affect the price. This is what irritates investors, as their investment is immediately depreciated several times
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The best solution for a beginner in the cryptocurrency market is to invest in existing and working projects. They are not difficult to find, they are tokens from the list of the top 50 cryptocurrencies by capitalization. A lot of coins can now be bought at a good price, as the market has been in a drawdown for the last 6 months.
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It seems to me only new wallets that are not yet recognized by society can have some vulnerability. Typically, these vulnerabilities are addressed over time. I recommend that you use hardware wallets to store your digital assets. The choice is huge now. Personally I like ledger nano s
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It is likely that the best time and will not be, because most of the coins are at the bottom, and now is the time to buy them. In any case, this year we should see a strong growth, the only question is when it will start, in a month, in two or three. Time will tell.
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Very interesting question you asked. I think everything here is purely individual, as it depends on your degree of knowledge and training. If you know how to trade well, then why not engage in this direction. As for airdrops and bounty programs, then everything is not as fast as we would like. Because the accrual of profit occurs only after the end of the advertising campaign itself, and it as practice shows can last from 6 weeks to six months. So now think what is closer to you and to which the soul is most.
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It is of course up to you. After all, everyone sees in this situation only what he considers important and significant for himself. I see a light at the end of the tunnel and believe that the market will be rehabilitated in the near future. One has only to wait a little and everything will be fine. If you do not believe in it, then act as your intuition tells you.
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It all depends on what your budget is. If your capital allows you to buy BTC, then of course it is better to buy BTC. Altcoins is a good thing, but still need time for them to bring a good profit. BTC is already popular and it can bring you a decent profit. Since many experts predict BTC to be successful in the next few years. So make a choice and reap the fruits of your own decision!
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This will love a long journey and do not just rush into this world with his head, there is a chance that you will not swim out. How many desperate men I've met. Start small, learn the technology and the trend. Watch educational videos on this topic, try to invest your first money there. Look at the dynamics of how the market behaves. And when you gain experience, fill your first mistakes, that's only then! You can safely change your life radically. My advice!!!
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I think it's silly to draw conclusions from a couple of three failures. Review the history, always in the world, things like this happen, where breakthrough begins. He meets resistance and disapproval from many people. Nevertheless, having overcome all obstacles, the technology will take up and we will all become happy owners of cryptocurrencies!!!
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Of course, the market looks great for those who only want and plan to make a mass purchase of coins. If I had the opportunity now, I'd be happy to invest a couple tens of thousands of dollars. But alas, my capital is already all in the crypt and I can only wait for the market to begin to grow rapidly up. That I hope it starts soon. So hurry up you do not have much time to make purchases at competitive prices!!!
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Diversification is one of the Golden rules of investment, which applies to the cryptocurrency market as well. And only fools ignore them. Cryptocurrencies are subject to very strong manipulation, and due to the fact that the market is not yet formed, it has a great volatility. As a result, some tokens can fall in price several times, and some on the contrary grow. To do this, and needs to diversify to reduce losses
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Personally, I do not trust projects that do not have a finished product, or at least a prototype. As statistics show, such projects eventually turn out to be a Scam, and in addition to the site to raise funds, they have nothing more. If there is a product, it means that the company needs money for further development and scaling. And such investments may well be successful.
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There are a lot of such companies, and you need to be prepared for the fact that your work will not be appreciated at all. In addition, 3-4 months is a short time. Many bounty companies last up to 6-8 months, plus it will take at least another month according to the rules of the company, when these tokens will be distributed among the participants. And at least another month for these tokens to start trading on the exchange. So please be patient and go))
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Crypt replaces several conventional money, as electronic more. After all, we all know that the reason for the emergence of cryptocurrencies was the global crisis in 2008-2009. And the main task of cryptocurrencies is to exclude any other payment systems and banks, as intermediaries and third parties in all monetary transactions. While allowing a secure and transparent to implement any transfer, in a relatively short period of time.
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I think it's not exactly a quick and easy way to get rich, because here, every mistake you make is worth the money. Ranging from small and ending a decent amount of money. If you want to make money quickly and easily here, you should become a professional in your field, which means a lot of things to study and analyze, plus to train And gain experience, the only way you will learn to see those moments that others do not even suspect.
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It is elementary and you have to remember for yourself once and for all. What if the price of a coin goes down means it's more sold than bought. If the coin is actively bought and the number of transactions is greater than the number of transactions with the same coin for sale. Then the price will naturally rise. Everything is elementary and you don't have to be so afraid of it, it's like you take a breath, your lungs expand, you exhale, they shrink.
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I choose cryptography because I found a way to protect my money. There is nothing supernatural about this method, many investors already know. All you need is to buy yourself a cold wallet where you will store all your coins. First, it is very convenient. Secondly, it is safer than storing all your invested funds in an electronic wallet. And third, no hacker or cybercriminal will know your password, as it must be entered mechanically on the wallet.
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That kind of income in the vastness of the cryptocurrency space are called bounties ( that is, payment in the form of coins and tokens). You earned it after running and completing any bounty from the company. All you need is to find a promising bounty company, to determine the type of advertising, social networks, content creation or signature and to start its implementation. But just so you know it's not as fast a process as it might seem at first glance. Many bounty companies last from 6 to 30 weeks and you will need to dutifully wait for their charges. At what there are even situations that for some reason you can not get them at all. So keep that in mind!
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