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It is not profitable, nor safe to participate in most airdrops running actually. There are a lot of scammy and fake projects asking their participants to complete KYC or even to send their private keys, which is more dangerous.
The legitimate airdrops are nowadays limited and the payment rate is very low.
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Dogecoin is one of the most traded cryptocurrencies right now, it has a really big community. But for investing, it is not the best choice in my view. Its price is almost stable or increasing very slowly since its creation, and I don't predict that it will go up highly at least in the nearest future.
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Investing in multiple altcoins is a good decision, because you are so increasing the potential of your earning and minimizing the risks. In my opinion, Ethereum and Binance token are actually the most promising altcoins and I expect their prices to rise highly soon.
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BNB token can reach 50$ and even more this year, its price is already growing up fastly in a short amount of time, and the usability of BNB is also increasing with time, since so many traders and investors need it to participate in the IEOs of Binance, or to trade in the Binance Dex.
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It is very hard to make a living only from bounty hunting nowadays. You still have the opportunity to make some earning if you participate in the most promising campaigns, but you need to wait patiently until you get paid, and until the token gets listed in the exchanges. It is a long procedure, and daily living need a stable income.
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In my opinion, Ethereum, Litecoin, and NEO are the most profitable altcoins in the near future. There are many other good altcoins, but I focus nowadays with these currencies, and I am planning to hold them for the long term, since their prices are expected to rise highly soon.
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I am mainly using trading to grow up my altcoins portfolio, I sell the coins which start to decrease and I buy new coins starting to rise and having potential. This way I am making a good profit in the short term. There are some other methods, like gambling and investing but they are riskier than trading.
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BTC and ETH have a shining future, since they are the most promising cryptocurrencies right now. Bitcoin is the most successful and popular coin, while ETH is still number one in the altcoins world. Bitcoin is expected to rise a bit faster than ETH, because it have the largest community and the biggest volume of trading.
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It is depending on the project, regardless it is running an ICO or IEO. If the project have a potential and working product, and an experienced team then it is going to succeed likely.
But investing in IEO is less risky in my view, because the tokens are guaranteed to get listed after the sale, at least.
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Investing in IEOs isn't necessarily a profitable investment, you can lose instead of earning if the project is worthless. you have always to study the project carefully before investing in any ICO or IEO, there are many useless projects running IEOs in low ranked exchanges, and the prices of their tokens aren't expected to rise after the sale.
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Good evening everyone, I want to share a little bit of saturation but also want to share the spirit in the current market conditions (Altcoin Prices). When you decide to trade, you must set aside a lot of time to monitor price movements. Actually not only choose the time to buy or sell, but there must be a growing spirit of self. Don't focus too much on conditions, but we need refreshment of mind to make a new strategy. I am optimistic that the altcoin price will grow well, maybe later this year. Do you think so now? Thank you,
I believe that altcoins prices are going to increase highly in the future, but I am not sure if it will happen by the end of this year or earlier. The bull run is coming for all cryptocurrencies, it is just a matter of time, and we need to wait patiently, maybe it will take a few months or years. |
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Ethereum is the most promising altcoin but I doubt that it will reach 4000$ soon. The actual price is below 200$ and it will take a long time until the price hits 1000$ in my opinion. But in the long term, ETH is expected to reach even more than 4000$, it is a matter of time.
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IEO is a good step forward for the startup industry. It is surely better than ICOs because you are dealing with a known exchange not the devs of the project, so even completing the KYC procedure is more secure with IEOs. Also, the token usually gets listed on the exchange after the IEO, which isn't necessarily the case for ICOs.
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We all always seek profits in cryptocurrency trading, if the price of bitcoin soars, will you sell it to buy fiat or altcoin? If you buy altcoin, what is the altcoin that you will buy?
I am not going to exchange Bitcoin for any other cryptocurrency, even if the price of BTC is decreasing. BTC is the most valuable cryptocurrency and it have the highest potential among these currencies, and it is not making sense for me to sell it for an altcoin. But I do selling BTC sometimes for fiat, when I need money in real life. |
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Usually, I invest fiat money in altcoins, not BTC, because I believe that Bitcoin is the most profitable cryptocurrency and it is worth holding for the long term. I keep holding BTC, while investing some amounts of fiat money, from time to time, in ETH, LTC and many other good altcoins.
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Waves can't replace Ethereum ever. The Waves platform, community, and volume of trading are all a lot smaller than Ethereum, and the actual price of Waves is around 1$ or a bit higher, not even comparable to Ethereum price.
The team behind Waves is experienced and active, but they have to work more to make this coin more popular again.
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The price of the token isn't the most important thing if the project is valuable, having its attractive product, the price will go up surely in the future. Many newbies with ICO investing just expecting high returns in a short period of time, which is almost impossible in crypto trading. Patience and long term holding are always required.
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Bitcoin can't be replaceable by any altcoin. BTC is the most successful and promising cryptocurrency, and it has the highest volume of trading among cryptocurrencies since its creation. Ethereum and Ripple do have good potential, but they can't ever replace Bitcoin.
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I was quite surprised by the bounty hunters, why they were willing to spend their time on fraud projects.
I observe a project that clearly has a bad reputation or warning (SCAM) in their gifts and also the team has a red trust, but many still believe and even take part in it?
Isn't it clear that their project is not good?
Are you willing to spend time just for fraud projects?
I do not!
There are so many newbies joining the forum everyday just for bounty hunting, they don't bother taking a small look into the project itself, its potential or reputation, they just do daily tasks especially for social media bounties, even for the expired bounties. They are really wasting their time and effort. |
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I think the Ethereum price will go up slowly with time, but it will take somehow a long time until it hits the 600$ level again, maybe several coming months. But I believe that it is not going to decrease below 100$ again because the whole crypto market is actually recovering, and prices are going up with time.
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