The main reason why I am joining here in this crypto industry because I want to make more money or earn more profit through of it., In this kind of industry has a lot of opportunities to make money. Now I combine bounty with the main work. In addition, I am very interested in this industry. It is interesting to get new knowledge in the process of getting familiar with new projects, developers, and communicating with interesting people as well.
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For me when the price of a coin is going down, you need to keep your emotions on hold and wait for the market to recover for you to make profit and when you feel the market is falling more than you can bear, you can decide to sell it and then buy the coin again at a very low price and then you make profit when the price rise again.
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In order to choose a bounty which has a great potential of success, first of all I'll check the purpose of the project of the bounty that I has the interest to join with. Then, the backgrounds of project team members. I also check whom the bounty manager of the project, experienced and reputed bounty managers will give me some confidence. And of course, I will take a look of the members in twitter and telegram and when I see that it has so many members, for sure it will a great project.
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For some reason i would say yes. Some reason of it why you will get fewer earnings/bounty, when the bounty that you joined become longer the time to advertise their tokens or endorsing their tokens and there are many participants that been joined on the campaign that you joined, thats the reason why you will earn a fewer earnings. The only way to avoid it is join on campaign/bounty which has limited participants and a big allocation.
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Well investing in cryptocurrencies are very risky. But if you want to take that risk, why not to invest in crypto. As a beginner, most importantly you always try to find out and find various knowledge about investment in ico. Investing in ICO is very beneficial. even you can get 2X or even 10X of your capital , but as what ive said , there are many risks that you can face every time. So try to find experience and knowledge and learn from it.
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For me, sometimes I do read the whitepaper but not detailed by detailed. I am only checking the main points. What is the project, how much they want, their team if it is legit or not, and also the value of the project and if its gonna have something added to the marketplace. Then that's the time I decide to join any campaign and invest on it if it really convincing me to invest that has a great potential of its success.
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For me, I am using it for investment purposes and an asset and where it is applicable I use it as a currency to pay for goods and services. Mostly though I am just buying ethereum when the price is low and holding for the long term for the prices to go back up again before I can sell them and take out the profit which I make and then repeat the process all over again. That's the strategy on how to use Eth in this kind of crypto industry
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For me, I use mainly this forum to get the lastest news and updates about Bitcoin and crypto currencies generally. But I also use Twitter because I follow some active traders and bloggers and they post the most interesting news in their Twitter accounts. I visit some crypto related blogs as well sometimes. I read also in the medium and in telegram of the campaign that I am joining. And most of all regarding about the value of bitcoin, I check it from time to time in Coinmarketcap.
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For me, Its better to put all your money in your wallet for added security and for easy monitoring purposes. But be careful that you should save your private key in a safe place no matter what happens in order to secure your wallet. If you want to trade then put a partial amount of your capital to exchage. It may digital wallet or physical wallet, we must need to be careful about that.
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For me, i think it is a combination of hard work, analysis, quick thinking and resilience. Remember, this is a job done in front of a screen, looking at data coming from different markets and exchanges, and making the right decisions. All our Traders say that the key is to have a clear strategy, keep clam and stay focused, even when things start to happen around you. All of our Traders have at some time lost money; the secret is to be able to pick yourself up, learn from it and go again and never loose hope and keep positive
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We can't force other people of what they think about because I myself keep believing on it. It is what makes people think positively about the Crypto. As we all know, Crypto is very volatile and unpredictable. The price can still rise and drop easily. More countries ban it and more people don't believe again in crypto. But, many more people and countries are also starting to open their ways in crypto. It means that crypto is still going well and it is happening right now. That's why many people were excited about it and for sure this year may pump well especially in the end of the year.
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As we all know, bitcoin can be used as a digital currency, bitcoin was somehow asset on some point, it was also a resources which gives money tonus people who used it. Bitcoin has different usage which makes it more attractive, not only for transaction but for investment as well. It depends on the person who was using it. Bitcoin was really profitable and helpful when it comes to financial need. Not only today or this present days but in the future times.
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Well as far as I know, diversify is the main goal of any investor. It should be so. Now it is impossible to guess which asset will grow, and which one will be in a long-term decline. You can choose the wrong coin for investing and get big losses. If you choose a few coins, then you will have a chance to reduce risks. But anyway, all these investments in crypto has one nature, so we need to diversify classes of assets as well as assets inside one class.
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In this past few days, when the crypto is in the low price, many people are now panic-sale because of the low price of most cryoptocurrency. They have negative issues and problems recently really make some people panic and die of it. It is so sad to know that. I'm pretty sure that investing in cryptocurrency is exactly good for future. Selling more and more coins now just will make the prices more decrease. I think before doing that kind of action, it is better to think twice and more. Cryptocurrency doesn't end yet. It is still developing and we know it. And as of now it start to be green, so if you already buy coins when it is in the low price, just relax!, the coins that you were holding, it will be a high profit for sure.
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Definitely yes! Because base on my experience just like the others we experienced to be scam again and again or else their ico are not successful and most of the ico's failed to reach its soft cap. That's why you must need to be picky when choosing a ico especially if your investment is huge because it would be a big loss to you if the ico failed and i dont pick the ones with the coins that are not that good enough to reach or to advertise their coins. And also, knowing the team of the ico you want to invest is the best thing you can do in order not to be scam at all.
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Well it really depends on you sir on how much you want to start to invest. In my experience on my first time to trade in altcoin, i just spend my money maybe $400 to $600 for trading on which coin do i want to trade. I may not have a lot of money but i just trying to trust my self for i can be a good trader . So as of now i had a good experience on trading and got short or long term profit. Always remember, if you buy some coin you must trust the coin will have a good future and can rise, and keep on holding it as you can and never loose hope on it.
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I prefer on Ethereum that's why I have also invested in it because I believe it will reach the double value at the end of this year. Developers are constantly developing the software. It is known that they had some problems with the transaction speeds because of the new apps that were based on the Ethereum blockchain but this matter is fixed by now and the transactions are working flawlessly right now. So if you have some ethereum in your wallet just keep on holding on, not panic selling.
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I don't agree that's thought of yours because there is no way bitcoin is going to take that much time to recover as it is in far greater situate than what you looking at. The current drop is just normal and proportional to the things that are happening right now and it is not going to stay like that way forever. That's why bitcoin and other alts will change the course of their development sooner. Therefore they get chance to do so and thus will recover in faster way possible.
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For me, I would like to see i my coins were in Binance of course because if the coins that were listed by giant coin exchanges like Binance and other top crypto exchanges in the market for sure it will be pump and that's the reason why many investors would love to see if their coins were on the big exchanges like BINANCE. And also good traders are into top coin exchanges as well so they will then get attention on our coins that are being listed on the top coin exchanges.
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I don't exactly determined if what was the percentage of ICOs scam right now but all i know is, there are still ICOs scam and no one cant control that. Therefore in order to determine if it is scam or not, you must have to do some research of it before joining on ICO. Reading on their whitepaper and looking on their developer team is important. Many ICOs scam right now and its happen because competition on cryptomarket is getting high. So you must carefully study each project.
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