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the challenge in trading is knowing the best time to buy. because you may not be sure you are buying when the price is deep and that is one of the reasons that people do say you can make passive income from trading cryptocurrencies. you can imaging what happen recently to ETH. the price was falling below $270 and the fall was so drastical that within 24 hours the ETH price has fell more than 20%. you could have bought at -20% but it was having a little resistance and later further fall before picking up again now.
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this is what is regarded as phishing when you see a clone site and you are being directed to register with some informations that contain your private key etc. the most important thing is that any body that is into crypto need to becareful before register or filling any crypto related form. the reason is that daily many hackers are looking for ways to steal your crypto from your wallet and you will be surprise that many of this mails are being sent to people that is involved in crypto related activities. the questions you should as yourselves is how do they get your mail address.
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bitcoin has been subject of discussions among people who do not even have a wallet but rather are been envious of the coin. people say bitcoin is a ponzi scheme just because they participated in pyramid scheme that pay them using bitcoin and they are being scam so they think bitcoin scam them. imaging if satoshi nakamoto is identity is known. many people must have crusify him. ok what of investment scheme that accept donation in fiat. when the scheme turn to scam, do they refer to fiat as being scam.
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you bought when the price was low and you sold at $16k and yet you are still complaining. do you that there are some people that bought at that $16k selling price of yours and now the price is $6k plus how do you think those will be feeling now. th future price of bitcoin is technically impossible to predict especially as regard to this year price of bitcoin. Nobody knows when the big pump will be and how long will this last. all I am very sure is that one day, we shall witness this again.
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nothing is impossible but with the present situation and conditions surround cryptocurrency generally it not realistic. since the beginning of 2018 cryptocurrencies has been subject of bad news with many people spreading FUD about the digital currencies. That has led to some country legulating the currencies while some social media platform such as medium, facebook and even Twitter threating to withdraw support for any crypto related activities. bitcoin has been in the range 6 -7k for so long now.
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there are many project working in making cryptocurrency spendable on anything including being able to be used to purchase pizza and this has lead them in pursuing crypto card. A form of debit card that make cryptocurrencie being used for purchase of good and services just like fiat. I think monaco card is now fully licensed to offer cryptocard to customers. Amon card too is pursuing the license which will enable them to be able to produce cryptocard for customers. ones you have the card then you can use it to purchase pizza.
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I have come to realize that the only way to convince people to invest in crypto is to share your success story with them. Not only this but you must make sure when you wanna talk about crypto you must be prepared to answer the hard questions provided the person you are discussing with is someone that is serious to know what the crypto is all about because I have met some people that will be telling you crypto is a scheme and they will not to change their mind when you explain to them it is not
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One of the interesting fact about people who spread FUD about bitcoin is that they know little about the coin. infact when you engage them in discussing topics relevant to cryptocurrencies you will discover that they know nothing about the bitcoin. all this rich business men are very funny they will pretend they hate bitcoin but they are secretly involve in bitcoin. for bankers and financial institution I think I understand them becuase they see bitcoin as challenge and the best they can do is to talk negativity about the coin.
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This might be through but there are still some project that are really innovative and have alot of potentials. Dominium is one of them. I do not think it is bad to have many project with the same aim but the most important thing is how successful will they be. Having project that have many thing in common can also help investors to predict the future success rate of such project. Just like we have many project that intend to offer crypto card.
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funny you have not seen altcoin die. you need to keep watching while so many of them are getting delisted on exchange platform. many altcoin have fall to value that amount to nothing even though they might be still be struggling but they are technically dead with no hope of resurection. some of those projects have even sold many of the social media pages to third party while devs are still feeding on scratch they have make from the project. it is one thing to have an idea it is another thing to make the idea work and be consistent. many project nowadays are less consistent in term of goals they intend to achieve.
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Amount allocated for this bounty is too small
Highest = $50,000 for 1 million token
Lowest = $10,000 for 1 million token
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all what you have research is good but do not rely on that alone. whitepaper may not give you clear indication of good bounty and by the way finding good bounty this days is just luck. if you have been participating in bounties you will realized the least expected bounty are those one that turn out great while those one you give high priorities have failed.also you should learn to follow good manager that have strict rules relating to bounty campaign. this will expose some hunters that use fake account and steal peoples work thereby increasing your earning.
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many project now have some similar projects which has been concluded long time ago e.g a new project about cryptobank. then as an investors you can use the level of acceptance of similar project to judge the success of such ICO. most ICO about lending platform will probably end up not very good except it is a project which incoporate lending as part of the objectives. solid community background is also to be check. do not be deceive by high number of people on ICO pages on telegram. most ico that have bounty now make joining telegram page compulsory for hunters.
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I will answer your questions in two folds. firstly not all bounty hunters know good ico. in fact this days investing and finding good ICO is just luck because from my knowledge and experience, I have seen so many interesting project that intend to solve a great problem but endup miserably, Genbby ICO is one of them. most hunters join ICO project due to the high numbers of crypto allocated for the bounty. Last some bounty hunters invested in ICO as well but majority of hunter that do this are those old bounty hunters that already use to taking alot of risk.
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whitepaper contain informations about what a project intend to achieve, how they intend to achieve the set objectives and when the project will kick start. A project about a whitepaper may not be called a scam until there is allegation of it with proof. however a project with whitepaper is totally an incomplete project and I do not think any project can attract any investors because the aim and objectives of such ICO is not known to the populace.
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introduction of digital marketing through creation of bounty campaign is the best way to reach large number of investors but you need to be careful set your priority right. if you are want to have bounty campaign make sure you have a solid rules in order to achieve your target traffic. that is why you need good bounty manager who is very strict in dealing with bounty campaign. if this is not done you may end up giving out token to some hunters who have done nothing than to steal people contents or done work that has contributed nothing to reaching the ICO goal.
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No bank will not disappear. banks are regulated and control by government which give licence for operation. cryptocurrencies in another way has been due illegal in some countries which means there is no way such country can make crypto replace bank fiat. for other countries that has not regulate crypto, they will not want this except a system through which crypto holders can be tax is introduced which in my own opinion will be very hard to do. finally, despite unlimited opportunity crypto offer, almost 1 billion people dont still know anything about the coin.
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