I invested a lot of old coins like BCH, LTC, EOS, DOGE, and ETH and I sold part of them and kept some for the future. In addition to the coins I got from working in the bounty and airdrop for many projects, and there are coins that I held in my wallet, and they became valuable, and there are coins that still have no price, I don't like selling because perhaps coins that have a lower value will improve over time.
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Some of the coin you had mentioned is stable coin. But some was not a stable coin. TUSD is a good stablecoin, but bitcoin and Eth was not in your list. Why? I don't know how you skip the stablist coins, in your list. And with this, people get less profit in this coin. To gain more profit, they should find a potential new coin.
Bitcoin and Ethereum are not stable coins but rather volatile coins whose price changes constantly from time to time, As for stable coins, their price is fixed against the US dollar, meaning that if you invested any of the stable coins, you are in this case keeping your money from the risk of changing its price, such as volatile coins. The stable coin that I prefer over the rest of the stable coins is USDT.
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XRP and XLM are good enough for investment in the long term, but you need to be patient when holding these two altcoins because the price development of these two altcoins is not that significant. different story with ETH is an altcoin with great potential, you can see for yourself that the current increase in ETH prices is an achievement of ATH this year and the previous year.
Yes, the Ethereum is the most profitable token until this year. I invest and trust it in the long run because this token has a focus on building the blockchain and its liquidity is great, In addition to Bitcoin, the token that is indispensable for any investor who wants to make good profits, Those two tokens are among the favourite tokens that I hold.
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I'm usually a holder I still coins and tokens I've got from Bounty campaign just like the two of the just recent projects I've participated in I'm still holding both of them but there are instances in the past that I dump my coins/tokens because The coin is not progressing and I want to buy coins that has more potential.
So what is or are your reason why you are dumping your coin?
If the token reached its highest level and made a profit, then I would sell it or exchange it for the best tokens in the market. If the tokens that you have are not progressing, then you may be in a bear market, and after the market rises, The price of the tokens will rise rapidly, I advise you not to sell the tokens and hold them for the long term because the return will be greater than if you sell them at a low price.
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I personally don't see the reason why every cryptocurrency should be stable. Its awesome to have the volatility of cryptocurrency as we see in the present market. The major reason why people benefit from trading in this space is because of volatility. There are several stablecoin project emerging daily and USDT is no longer the only stable coin in the space we have several others like the BUSD, USDC, DAI etc. The stable coin market can run simultaneously with the volatility market.
I agree with you, if we were holding stable coins to this day during the improvement of the market, we would have lost a lot of profits, these stable coins are useful for those who understand market volatility and know the right time to buy and sell, In this case, stable coins would be a good choice for him to protect his money from risks.
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If the project is listed on a large exchange platform, then this exchange platform definitely has big marketing plans to attract potential investors, so in this case IEO reduces opportunities for bounty hunters because I do not see that the project needs to do a Bounty campaign and loses part of its project tokens on free promotional campaigns, And if the project team did bounty, their bounty would have complicated conditions and they may ask the bounty hunters to pass the KYC, A small number of hunters will join it.
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but the proof is now, even though the corona isn't over yet. the market is increasing in price, it shows if the predictions of the experts are wrong, I also think that the corona is not related to the crypto market condition
I agree with you. Experts ’predictions are not always correct. Nobody should rely on them entirely, but besides these expectations, we must review the market and review the graphical analyzes. The digital money and financial applications have witnessed an increase in use due to their advantage, which is remote payment, which is the most important feature at these times.The crypto market will continue to grow even in the face of the epidemic and will not be affected.
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No one forces you to join bounty when using this forum. All the decision is up to you, and you can dodge scam projects by never getting into bounty. And if you choose to participate in bounty then you need to accept it, there are very few successful bounties at the moment.
There is an amendment to your comment, which is if you want to join the bounty and avoid scam then you need to check the project before joining (the whitepaper, the project team, the ANN thread, etc.) and after everything you can join the projects run by well-known and trusted Bounty managers because they carefully examine the project to preserve their reputation in this forum and the failure of the project is not their fault.
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In my opinion, the Ethereum is the best, and I invest 60% of my money in it. It is one of the highest currencies in the crypto market after Bitcoin in terms of market value, and this year has witnessed a significant increase in the price of Ethereum, which led to giving holders good profits. I don't prefer Trx, but its value may increase if large projects succeed on the Tron platform in the future. We can invest part of it and hold it for the long term.
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This is undoubtedly a scam, I joined the TrustSwap official discord channel and found in the #swap-scam room that there are a lot of members that this scammer who impersonates CEO Jeff Kirdeikis has chatted with. You should know that team members of any project will not send DM first and will NEVER ask for crypto / fiat or your private keys.
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There are many good and safe wallets for storing ethereum and ERC20 coins, I use MEW wallet which for me is one of the best wallets that are popular, easy, and have great security. On the phone, I use two wallets applications and so far I have not had any problems with them, they are Trust Wallet and imToken. My advice to those who use these wallets for the first time is to keep the private key and the recovery words on an external hard drive away from the device.
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There are many aspects that will make crypto better. The fear of inflation of fiat money is very high. So peoples nowadays wants to invest in gold and bitcoin. Besides of bitcoin they will discover the cryptocurrency market and will be convinced by the new technology of many projects.
I think that in the future fiat money will not exist and will be replaced by the cryptocurrencies that people will deal with in their lives through transactions that will protect people from being exposed to touching money and transmitting the epidemic, We may one day see the adoption of crypto by institutions and countries In conjunction with corona protection, this will make crypto better.
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That's too high a target for ETH, currently ETH is only at $ 395 and how can it go up more than 20 times in 4 months? Can you provide an analytical chart to prove your speculations?
The event of the market is better than early and BTC price increasing has effected ETH price so good and as you above said its price is already 400$. If the price of Ethereum increases to double its price until the end of 2020 or even reaches $ 1000, this is not a difficult expectation, but what the op mentioned about increasing the price to $ 12000, this may happen in dreams because there is no detailed analysis or source for one of the experts who expected this, In addition, this expectation is exaggerated.
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Certainly, I will feel fear about this presidential decision, which will make Crypto illegal, because my investment in cryptocurrencies will be prohibited, so all my money and profits will be lost in the air, For me, it will be difficult and more like a nightmare. I think it is difficult to make this decision because it is in the president’s interests to stand with the interests of his people. Crypto is the technology of the future and has its advantages that help people. If it is illegal, this is nonsense.
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I don't believe in crypto ratings sites because most of the ratings may be fake by those behind the project, The project may be scam and pay the listing fees for the ratings site to deceive investors. These sites may be useful if the investor uses them to know the accurate information about the project and to know the activities of the project's social sites media and benefit from the answers of the project team about the questions and concerns of investors.
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the easiest is to choose from a good bounty manager. although not all projects will be successful, a good manager will certainly minimize the risk as you say because they must be careful with their reputation. if you see several bounty managers who promote a lot of project scams will eventually lose the trust of bounty hunters.
Yes, from the trusts of the bounty manager account, we can know that the new project that he promoted is honest or fake. also, through the whitepaper of the project we can use one of the sites that reveals the plagiarized whitepaper then we will know if this project uses a unique whitepaper or not. LinkedIn's accounts of the project team and their photos can reveal to us the reality of the project.
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If you visit some crypto forum you will see so many upcoming cryptocurrency projects coming into the industry but sometimes I begin to wonder what is their purpose of bringing in New crypto project knowing well that some of them have wrong motion of the project they are bringing, I have participated in so many of them last year but I have not hear from them again some are abandoned on the proccess with a lot of promises they come with just to gain your interest. What do you think?
In my opinion, bringing a new project to the crypto field these days may be a clear scam, Because I see if the project does not have a unique idea and strong financing that enables it to place its token on top exchange platforms and investors interested in it, This indicates that the project will fail or disappear after collecting the funds of the investors. I advise you to invest old or listed tokens on the big platform because it is safer and you cannot regret.
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In my opinion, if you are a good investor, you must have the answer to your question because you will find many different answers and each person has his own vision. It can be a good time to invest if the token you want to invest is in dump, To know this, you can view the currency analysis and if you do not have experience, you can learn from the experts.
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The world is stagnant today due to the epidemic caused by the COVID-19 virus. People cannot get out of the house safely. Most of the business transactions are being done online. People are also looking for jobs online. Many are leaning towards cryptocurrency without getting job opportunities. I also think it's time to get involved in the crypto world during this epidemic.
These people who have lost their jobs and are looking for new opportunities to earn money in online projects, put themselves in danger of losing money. Without having enough knowledge about cryptocurrencies and how it works, they very often fall victim to scammers who offer fantastic ways to get rich in a few days. I agree with you, and I think that these days, beginners are the first victims of the scam giveaways and false projects. I think it is better before engaging in investment and trading, which is staying at home to learn via the Internet and listen to the crypto experts on Twitter and YouTube and on their sites. The great experience and knowledge is what protects you from the scammers.
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The most difficult thing is to find the right bounty campaign, you should spend few hours to make own research which campaign would be the most profitable one because you will work for the campaign next 3 months, so do not lose your valuable time ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . Yes, you are right and I prefer to waste some hours from my time doing research on the project and read the terms of the bounty carefully and see the percentage that I will get from each campaign and see the trust of the bounty manager and then join, if it is a good project I will I get good money from it if it is not that, I will be wasting my time on some cents. We work and do not know what profits we will get in the end.
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