What I've been doing right now is in your first and second list. I've been saving some of my money and investing it to coins that I think have the potential to comeback once the market will bounce back again.
Though we have different goal but I guess we share the same target which is to earn some profit. Investment is kinda risky especially if we are not yet familiar to what we are doing. Looking and finding some reliable project is a very difficult task as we need to dig very deeply in order to make sure that we can choose the best one. Lastly here is my style. As the cycle of the market is keep on repeating. Bear market then bull run. Bear market = Buy (stock as many as you want) Bull run = Sell (Choose the right time to sell)
|
|
|
You have the idea already, what you need is action on how you can use your idea to earn some profit from it. If we talk about easy way to earn with alt coins. It is better that you will choose the style that you are more familiar and has experience already.
It is very difficult to master all of the above that you have mentioned at the same time. If you have money as capital, you should either choose daily, short term or long term holding. It is very important that you know what you are doing rather than copying other style because it doesn't mean that they earn using daily trading then you can earn also by doing it.
Your experience and technique on how to execute it is not the same therefore you will not get the same result also in the end.
|
|
|
There are disadvantages and advantages of hype, we can say that in your explanation hype was able to help you in order to gain more profits and it also help you to detect fake projects. It indicates that hype help you in a positive way.
We cannot deny that hype is part of crypto market as hype is a type of marketing. We can say that 95% of projects out there used this type of marketing. The disadvantage of this type of marketing also is that, many are already aware of it and they will likely to avoid the project that put too much hype.
|
|
|
Many projects are already doing a live video but in the end they still end up scamming all the investors that trust their project so we cannot say that mandatory live video will really solve the problem in order to eliminate those scam ICO's.
Though we can lessen the scammers out there if this kind of tactics will be implemented as there are plenty of scammers out there that don't want to reveal their true identities. ICO is not yet dead, though there are plenty of dead ICO's out there but if you are a professional investors, you can surely differentiate the scam ICO's from the genuine one.
|
|
|
Reaching their target fund either soft cap or even hard cap is already a success in their part as they can proceed with their development because they already have the money to fund their expenses. But it is only the beginning of their project as the success of their project will really depend to the end result once their platform is already live.
If they can reach their target on time and they can provide satisfaction to their customers. That is the time that we can say that their project is successful. Fund raiser is not necessity but for those organization or individual that wants to proceed with their project without money then fund raising is necessity in order to proceed.
|
|
|
There are very few so most of the ICO's that you looked at are almost waste of time. In this type of market, you can say that in 100 ICO's only 5-10 will eventually reach their target and proceed with their goals.
It is also the effect of the bearish market, as the investors and traders are likely to slow down while waiting for the right time or when the market fully recovers. If I were you, it's better to stock more reliable coins that looking for a promising ICO's right now which is very difficult.
|
|
|
Of course, an increase of price of any coin will not determine it's full potential and there is a big risk that it is a trap. Usually the organization that can do this kind of tricks are those who have huge amount of money in order to manipulate the prices without being notice.
If you are a wise investor and a professional trader. There is a big chance that you not will fall to this kind of trick but it is different if we are talking about new comers or newbies that want to explore the crypto currencies. So it's better that we need to be careful in everything that we are going to do so we will not lost our hard earned money that easily.
|
|
|
You really have a very solid determination. You have a point, what you are doing is about patience, trust of your investment and a solid determination to never sell your asset at lost.
There are many reasons why other people sold their assets at loss, either they badly need a money for emergency cases or they are just newbie that didn't know what they are doing and are afraid to loss everything they have invested.
Whether what is the cases, it is very important that we know what we are doing and I salute you as you already know what you are doing. Keep it up and update this thread again once you became successful with your plan as I believe in crypto currencies also. I am pretty sure that you will not end up taking them to the cemetery.
|
|
|
You have a good point as we are in the bearish market as of the moment but we are currently recovering from it, so not too long bounty campaign will become profitable again.
Once it happen, the bounty hunters number will surely boost again. Trading is kinda risky compare to bounty hunting, therefore it is better to earn a few rather than losing some money in trading. Trading is for professional only, if you want to be part of it. You need to study, you need to take time and learn from your experiences or mistakes. You will not become a professional trader in just a week or month especially if you are starting from scratch.
|
|
|
Both of them are profitable especially if you luckily join a project that is very successful in the end of their campaign. Airdrops are quite high if you compare to bounty in terms of payment as you can only do it once unlike bounty that you are going to do the task like more than 1 month.
But if you are going to summarize your income, airdrops income are incomparable with bounties income. Here's why, 1 day of work is nothing compare to more than 1 month of work. And there are only 2% out 100% that become successful by doing an airdrop compare to bounty that it is like 20% out of 100% become successful so there is a big chance that you will earn a good amount of money by joining a bounty compare to airdrop. That is what my experience is.
|
|
|
Product is very important for a project as it is the only reason why the project exist and will continue to move forward by achieving its goal. Making the product usable and upgrade it to it's fullest to satisfy all the customers and investors who believe in the project.
Though product will always depend on how unique, strong, straightforward and being market correctly to become successful. But it doesn't mean also that existing product is more reliable than non existing one. It will always depend to it's usage and how it can help other organization or individuals.
|
|
|
Crypto time always changes. Last year almost all the bounty were listed upon reaching their soft and most of the bounty hunters earn a good amount of profit from it.
Unlike now, almost all the projects are afraid to list even they reach their soft cap due to the market conditions. Let's just hope that we can overcome this, and also the market is starting to recover. Once it can recover, there is a good chances that we can then find a good project to support and earn a good profit from it.
|
|
|
If you want to become a millionaire then it is not a problem as long as you know what you are doing. You know what currencies you would hold, you know when to buy more and most importantly you know when to sell it as you cannot just hold your coins all the time without knowing when you will dispose it.
If you want to become millionaire in an easy way. I suggest, you invest a good amount of money then wait for it's price to x2 or even x4 after that you can sell it.
|
|
|
I do hold my asset especially if I saw a potential of it, once bear market will start almost all the prices of any coins will drop to it's lowest. But not all the time their price will drop, so it's about time and patience. You can hold your assets as long as you want but you need to make sure also that you know when to sell it.
There are plenty of assets that you can invest on but make sure to do a background check in every asset that you would like to invest. Better invest in top 10 in coinmarketcap in you want to play safe.
|
|
|
A lot of happenings under 1 year. Crypto currencies goes wild and reach its top price then it shrunk unexpectedly as a start of bear market. The market is currently recovering now, you have chosen a good time when you have comeback.
Topics and discussions are still there but aren't that many compare to the past months because of bear market. Though there's no big changes that happened to the forum aside from merits.
|
|
|
If you happen that you have bought your assets in the highest amount of the bull run. There is still a good chance that you can recover of what you have loss, though it cannot be call a loss as long as you will not sell yet your asset.
You need to believe and hold you asset until it reaches again to the price that you bought it. As long as you are not needing your money for any purposes then holding it is the best idea and it is best that you should fully believe in crypto as it will surely dominate the future of currencies.
|
|
|
There are plenty of mistakes that we cannot avoid in investing our money but we should not commit this mistakes again and again. Dreaming high upon investing a little amount of money is only normal but we should always limit ourselves, as it will kill us someday.
This is what most of us call greed, being greedy is a bad habit that we need to minimize especially if we want to long last in every investment that we like to enter.
|
|
|
Ripple has a good start and their marketing is very good also as they were able to partner more and more banks. They already show how good their team and their marketing is, that is the reason also why they were able to compete with ethereum in the second position in the coinmarketcap.
But if JPMorgan will be able to create their own coin that will likely eliminate ripple in the future. There is a big chance that it will happen but ripple is already growing and I am pretty sure that they will do whatever it takes to maintain their status. They can either extend their marketing or widen their coverage, Ripple has plenty of option.
|
|
|
You have a good point, though anytime is a good time to pick any coin as long as you know when to sell it and what's important is that you are not greedy.
But if I were to point out, the very best time to buy was in the bottom of the bearish market though your investment will be stuck for few months or even year while waiting for the price to bounce back again. It will surely take some effort and patience in order gain some good amount of profit in the long run.
|
|
|
I have subscribed for a few crypto news and been reading all the stuff especially the daily updates. Though we cannot really predict whether their news is a good source of information or not but still it is a good source of information in which we can use in the future.
I didn't really depend to news especially if I am going to invest as I like digging more to what I like to invest. How good the project is, whether the team is active, how strong their target and their whitepaper is, are they reaching their timeline on time and many more.
|
|
|
|