From my little experience in the cryptocurrency market, when it comes to fund raising from projects they are all the same thing, but using different tactics. The IMO doesn't look different from the ICO and IEO we have presently and I'll advise that we all should thread softly and carefully on the platform.
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Firstly, I must commend your courage for starting the trading journey. You were able to make over a $100 effortlessly by simply holding bitcoin, it's wise you know that making profits is not always the case. Some persons bought btc at $13,000 and have waited for over 6 months and the value doesn't seem near where they can make profits.
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I personally find dash to be a great project to be considered for investment. The project has been in existence for a while now. I recall that it was once the 3rd most valuable coin after bitcoin and ethereum. Though the value has dropped substantially which is as a result of the bear market affecting the entire cryptocurrency space.
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The NRG staking reward is one of the most lucrative in the cryptocurrency space. Majority of people got their first tokens from the airdrop and the value has been increasing steadily which makes the reward derived from staking worth the effort and time. I must say that the team are doing a commendable job.
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It's a welcome development for cryptocurrency industry and have the tendency to increase the level of awareness about the digital currency industry. I have the conviction that before long, more countries would join Japan in the establishment of national digital currency.
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Negativity is a bad influence for anyone in the cryptocurrency industry. There's no perfect indicator for the futuristic value of Bitcoin or any other cryptocurrencies, so instead of looking out for the worst, why not focus on the best.
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The only way to make substantial amount of money from a dead project is through pump and dump scheme. You can invest in the project to give the public a view that the project has been revived and after many persons flock to the project, you sell out leaving them with the worthless tokens and cash out of the project.
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It's not a good idea to invest in cryptocurrency using loan or debts. I understand that there's great anticipation for the value of litecoin to increase before long but that does not justify the loan incurred to purchase the coin. In the cryptocurrency space anything is possible, the value could increase or decrease substantially within a short period.
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I'm of the opinion that the value of Bitcoin would experience a massive increase this year. It's indeed a thing of joy to see bitcoin appreciate to $9,000. The year started on a good note and with the bitcoin halving event this year, there's a huge possibility for more increase.
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Hello guys, having been here for a while now, I feel that having a higher percentage of your portfolio on bitcoin and maybe the rest 30 or 35% on already good and established altcoins like ETH, BCH, Stellar, brave. BNB, Vchain, etc, is a good way of staying away from useless projects. I have come to an understanding that running after new promising projects always leave you heartbroken in 97times, and running after IEO to quickly make up for past losses lead to more havoc on your fund. So stick to the safe zone.
I'm in full support of your view. It's more cheaper and better to stick with the established projects with track record of success over the years and who are among the first 20 projects in the coin market cap. It safes you the stress of worrying over new projects who are in most cases only interested in deceiving the investing public.
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The writer made a good impression by making Japan the first on the list. I'm impressed by that decision and that's a commendable way to start. It may be interesting to know that Japan is making moves on launching her own national digital currency. This shows that the country is indeed a step ahead in its support for modernisation and digitalisation of currencies.
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I would actually love to see the price of altcoin increase during the year. There's a huge possibility that the coin market would experience an increase considering the fact that the bitcoin halving event would be coming up this year and there's predictions that the bitcoin halving leads to an increase in the value of Bitcoin.
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I believe that the year 2020 is more promising than previous year. This is owing to the fact that there are several events coming on board this year. We all know of the bitcoin halving which has been known to be effective in leading to a substantial increase in the value of Bitcoin. There is also the ethereum 2.0 event which has been said to be in operation before the end of the year. These events and many more could contribute to the increase in the value of altcoin before the end of the year.
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In my opinion, old coin are much safer for investment than new coin. I've noticed a new trend among new projects. They launch the project and get several investors to hold the coin, in less than a year, the value dumps by over a thousand percent and never recovers because the dump is initiated by the team to cash out of the project.
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I personally haven't claimed my bitcoin gold and Bitcoin SV but I learnt that the best avenue for claims is using the coinomi mobile app. The process doesn't seem to be difficult but there may be the existence of a risk of broadcasting your private key to their server which may pose a risk. To be on the safe side, it's wise to send out your coin to a new address after the claim is completed.
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Bitcoin cash is also a good cryptocurrency to consider while making investment in the market. The value is not very substantial and could be profitable for short term hold due to the volatility of the market. I personally hold some bitcoin cash and hopefully the value would increase substantially.
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In my opinion, It's not possible to invent an altcoin that would be better than bitcoin in terms of value. Though, it's possible to invent an altcoin with a better technology which surpasses the bitcoin. There's always the possibility of doing things better and technology is always getting better.
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In this space, there's no perfect indication for a positive outcome in the future. At best, we only hope for the best in the future. The value of altcoin is basically dependent on the value of Bitcoin and the coin market cap. I believe that by the end of the year we should have a better value for Bitcoin and that should also affect the value of altcoin.
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I'm personally not against any coin or project in particular, but I'm against every scam project which has been established to deceive the investing public and whose team are planning to dump on the market and leave the investors with shit coin. I really would love to have those projects die Inorder to prevent the mayhem which the team intends to execute.
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