I would recommend selling ETH. Because the whole market is very depressed. You don't know what the market will be like. You can sell to protect your interests.
At the moment, it makes no sense to sell eth. The sale will end the investment with a loss. It's better to hold and wait until the trend is reversed. Sales under the influence of emotions is not a good solution in this situation.
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All depends on market conditions at the end of this year. If market conditions are good, ICO project sales will be successful because of high demand.
The current year is certainly not easy for ICO. Collecting the necessary funds for project development is much more difficult due to falling prices. The emerging large number of ICO scams affects investors' lower interest due to the increased risk of losing money.
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To me no white paper is a bounty is definitely a scam. The white paper fills a gap between investors and companies. Without the white paper's ICO, we don't know what they did.
White paper is the basic document for ICO. If the project does not have white paper, it is probably not worth the investment. It is better not to get involved in such ICO, which will certainly fail or become a scam.
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it is impossible, remove the system that already exists and people trust it for a very long time
The banking system is deeply rooted in global economy. Companies depend on cooperation with banks. Changing this system will take a lot of time if it is possible at all. The use of blockchain by banks may cause major changes in bank payments.
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yes ETH is very popular but the price of ETH is very down, I am confused why the price of ETH is down while many are using it and very popular.
A lot of ICO uses the erc-20 platform to support their projects. The ease and speed of creating tokens has a big impact on the popularity of eth. Eth has a solid foundation and the team worked long for success so the current decline should not affect investor interest in this currency.
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I'm a little shocked by the current drop in prices. Especially I am frustrated by the lack of prospects for growth. Sometimes I think that we will never see the price of more than 1000 dollars for one coin. But it's great that now you can buy a good asset at an attractive price.
If the price of bitcoin does not start to grow soon, soon we can see the eth below 200 $. And this should not be a surprise given the current market situation, which to a very large extent depends on Bitcoin.
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It is foolish to expect that ICOs will ever die. ICO is an innovative form of attracting financing from non-professional investors and this sphere will only develop and increase.
There may be a situation when ICO will die. The constantly increasing number of scams or failed projects affects investors badly. If ICO is perceived in this way, it will discourage investors from engaging in ICO because nobody likes to lose money instead of earning money.
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They will have a good future. People will use it as a currency in the real life. Transaction will become faster than usual and the economy will grow The future of virtual currencies depends largely on the user community. If cryptocurrencies are developed and the community grows, it is very likely that a bright future awaits them.
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Despite the fact that we are currently at the 7000 USD range, I think we can still surpass 30000$ this year especially if the bitcoin etf gets approved
Even a positive ETF decision may not help in reaching 30k$ this year. It will be extremely difficult with the bear trend which constantly causes price drops. Bitcoin certainly can do it, but probably not this year.
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Sorry for your loss, I have experience same thing before, but one thing I know that if you wallet is well secured, then you have to be aware of your friends.
I have experience that too, hackers are really part of crypto currency. We should me more careful with regards to our coins. We should keep our coins privately and do not let anyone to know about it. Securing your money is extremely important. It is worth to buy a hardware wallet. Hackers are just waiting for reckless users who can be robbed. You must be extremely careful at every moment of being in the crypto world.
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If u have enough cash you can select all and invest , but do research very well on ICO before committing your cash so as to avoid scam and shitty project
An investment in a good ICO can be a very good investment. A detailed project analysis is necessary to avoid scam. If you go for a good project, you can really earn a lot. Besides, it is definitely worth investing in bitcoin which is worth keeping for a long term.
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The price of Ethereum has fallen very sharply in this year's market and is continuing to fall. Ethereum's current price is less than $300. I think this time is very suitable for investment, and I think the price of Ethereum will be recovered.
Ethereum is a coin appreciated by investors and with solid foundations. The current drops are due to the bear trend in the market. From eth we can expect that it will soon bounce back and the price will come back from the level expected by all.
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at the moment, there is already a coin that is extracted exclusively from the smartphone. another question is how appropriate? the phone will quickly become unusable very quickly
The profitability of bitcoin mining with a smartphone is none. Continuous work of the processor at 100% will adversely affect its condition and battery. There is also a problem of access to the current source throughout the day to recharge the battery. It is not to be expected that smartphones will meet the expectations for mining of cryptocurrencies.
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Recently, Apple has become a trillion dollar company. You see, Apple is just a company, yet it has quadrupled its entire investment in Crypto. We do not take into account other investment channels, such as real estate, gold or the huge cash flow that is floating or lying dead in the bank. Just only 1% cash flow of the stock market dump on Crypto, our property will increase tens of times. Do not know what you think but I still prefer to invest in it, it's risky but the potential is huge. I was ready to get another job and wait 10 years to reach $1 million. I will never give up this market.
The crypto market is still very young. Apple has been around for a very long time and it had to work hard for its position. I think it is only a matter of time when the crypto market will show its full potential and attract big money.
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From what I have seen so far in this forum and other crypto platforms, most of us want fiat eliminated. But let us not forget that there are still situations whereby we can't use crypto except fiat like in rural places without computers or even internet facilities.
It will not happen. At least not soon. The world economy is based on fiat money and cryptocurrencies are a very small part of it. Financial institutions are not interested in popularizing cryptocurrencies so they certainly will not facilitate this.
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I think it's not a good idea to quit our real job, because working with crypto will not guarantee our monthly stable income, and also the unstable. Why should we choose when we can keep our real work, and work part-time crypto, at the same time?
If he is considering the possibility of giving up real work and engaging in crypto full time, maybe he is ready for it. If he thinks that he already has enough knowledge and skills, he can try. If something goes wrong, then at most he will find another job.
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Where there is a lot of money there will always be scammers who easily want to earn at the expense of others. It's true there are more and more scam projects lately. Therefore, it is important to identify such scams and to inform the community about them.
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I believe that it is always necessary to pass KYC as this will save you from fraud. Order and rules should be in everything so we work with finances and where money should be order in everything.
Passing KYC procedure will not protect you from scam. KYC is only used to identify investors. If ICO proves to be a scam, sending your personal data creates an additional opportunity for scammers who can use this data for illegal purposes.
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I don't believe all these analysts who predict the death of the entire cryptocurrency industry. ETH will be the number one, in 5 years.
All of these so-called predictions do not work. Analytics get money for nothing (when they work). I believe that Ethereum will be extremely popular in five years. For 5 years, it can change so much in the cryptocurrency market. Anticipation for such a long period of time is basically impossible. It is better to focus on the current situation and define a shorter time to invest.
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Yeah, maybe. If, in the future, the cryptocurrency market displaces the market of the real economy, then the financial industry will undergo great changes and restructuring.
The cryptocurrency market doesn't displace real economy because it's a small part of it. World economies are based on the banking system and political influence, which do not care about increasing the importance of cryptocurrencies. However, blockchain technology will certainly have a positive impact on many areas of the economy, not only financial.
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