Good idea and intention for banning giveaway campaigns and I agreed with this decision. Basically, Bitcoin forum means healthy discussion about crypto projects and make people aware of cryptocurrency. It also provides crypto knowledge so investors and traders get aware of scam projects. So I like the decision and the move.
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It is really difficult to suggest good coins as I think none knows for sure which coins are good investment or which are not. But there are some preconditions that are generally looked at for determining their worth. They are project team, technology or goals. If a project has a unique feature to offer, it may go up. Some of them are miracle tele, prepayway.
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We can do nothing about discontinued projects or scam projects if you are talking about booking them for scamming people. Now the market is experiencing scamming and it is running openly. So how it can be dealt with is regulation. Our part is just to expose scam projects through various social media and make people aware.
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I do not believe in your statement. Why BNB would grow vertically in price had there been many BNB haters? I think most of the people love and believe in binance coin. So it has been growing. Binance exchange was hacked some months earlier. But the coin did not stop from increasing in price. So this also proves how many people are out there who love BNB.
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So sad news. The people from different walks of life have joined cryptocurrency. Some of them are 24 hours involving in cryptocurrency, while others are so much busy that they do not have time to look at cryptocurrency for months. You maybe one of them. But for me, I do regularly check the crypto market on at least a daily basis. And this may not happen to me I believe.
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Profit and loss is part of any business sector. You cannot always expect only profit. And cryptocurrency is no exceptional. You are talking about a small profit. You are lucky that you have benefited from cryptocurrency. There are many people who are in pain by suffering a big loss from the market. So try to become content with whatever you have.
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I do not say you invest in it or not. But one of the most important factors you should take in mind is that do extensively research before making any investment in cryptocurrency. Any project can claim that it will beat ethereum or even bitcoin in the future. But your part is that on what basis, the project is claiming. So be aware.
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There is no use regretting anything happened in the past. Regretting will only gives sting to you. Rather it is better to learn mistakes from the past. In cryptocurrency, it is common that investors, traders and bounty hunters make mistakes and if you regret your past you cannot focus on your present. And as a result it will lead you only to further regret.
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It is so sad news that hackers are finding their way easier to hack exchanges. So it is high time taking measures to stop or prevent such hacking. One of the interesting fact is that many exchanges have been hacked so far and many incidents of scams have taken place. But there is no data whether hackers or scammers have been arrested. Police or concerned authorities must make public arrest of hackers or scammers to discourage such incidents in the days to come.
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Yes the process to mass adopt cryptocurrency has already begun, and the truth is that cryptocurrency will stay here with us forever. It does not matter whether Facebook will issue its own digital currency or not. But Facebook's initiatives to join cryptocurrency will obviously promote cryptocurrency. We can be confirmed only after Facebook brings out its whitepaper in this regard.
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The idea is not bad. It will be always better to promote the tokens already listed on exchanges, and there will be no risk as well. But there is another fact that stake allocation by already listed coins is a small amount and the participants are higher in number. As a result, there is a meager amount of token allocation under bounty campaigns.
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I think you have rightly judged. The bitter reality is that most of the coins fall in price upon hitting exchanges. There maybe many factors promoting the dump of coins after hitting exchanges. Some of them are panic sell off, bounty hunters selling off their coins in a haste. The concept is coins decrease in price upon hitting exchanges. So traders panic-sell off their coins.
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You have already held gems so why should you want to go for gold. I think ethereum and bitcoin there is no doubt are the coins that are worthy investment and holding. Still a large portion of the market share is taken by the two coins and most of altcoins are dependent on their blockchain. So if you could add more ethereum to your portfolios.
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The crypto market looks like a coin rising in price is considered as a good one without judging its technology, goals and team. So most of investors and traders consider price of a coin when it comes to value and importance of a crypto project. But the reality is opposite. We must consider project goals, team and technology for its importance and value. Price hype may affect even a bad project.
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Over time everything gets changing and it is common phenomena. Once IPO was popular medium to collect funds. Now it has been replaced by ICO, and again ICO is being replaced by IEO or STO or whatever. IEO or STO has come as alternative to ICO, which was considered (falsely) as a way to promote scamming. But in fact, the project launching IPO, ICO, IEO or STO should be real and genuine.
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It is wise idea to root out scam projects and scammers from the market. But the reality is that scammers cannot be rooted out. Rather it can be controlled. Talking about ICO, IEO and STO, ICO itself is not bad and IEO and STO will bring a massive change in scamming. The project itself should be genuine. Then it does not mind the genuine project raises funds through ICO, IEO or STO.
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You already have the best coins, bitcoin and ethereum which will give you much profits over time as the market is growing and bitcoin and ethereum are also increasing in price. If you want to make investment in other coins, you may consider new coins which are hitting or about to hit the market. There are a lot of good new coins. Some of them is Sessia.
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It is okay that participation limitation will increase stake allocation and rewards. But I do wonder that if a project itself is not good or do not have practical goals, then it is worthless to acquire a large amount of tokens. I will be better off getting a small amount of worthy and good tokens. So it means we must pick a good project for bounty programme.
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My first pick is Binance coin. I am sure BNB will not disappoint you if you invest in it now. Although it is a bit later to invest in it, investment in it will yield you much profits in the long run. The coin has dared increase in price by multiple times even at a time when the market was experience a meltdown. Ripple also deserve investment.
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Bracing for the worst would make you well prepared and you can possibly find ways suitable to tackle the worst things. In crypto market too, one should always be prepared for the good and worst that comes alternatively. The market does not always see a bullish trend, it will definitely face bearish trend too. So be prepared and seek alternatives in bear market.
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