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Personally-yes i have confidence in the bitcoin project in the long term, shure it has some problems, and the speculators don't help but taking a long term vie i think it will survive and flourish.
We still believe and confident in bitcoin. You might think people don't have confident in bitcoin because the price fall or you heard lots of negative news about it. Yet, it is not a bases to determine that people dont have confident because bitcoin is not end and it will eventually recover and rise again.
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You need to know how much people buy the coin at ico. whether to reach hardcap or softcap only. it greatly affects the increase and decrease in the price of coin or token ico that you hold now.
It is possible a coin will rise again after it is fall below ICO price. There are some ICO that is fall below ICO price and able to recover. Yet it still depend of the Coin you have if it has a great potential to recover. I recommend to do your own research to identify the reason why the price for and to check if it has a chance to grow. So you can make a good decision.
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Just hold on if you think your not good enough to take the risk and observe how the market will recover soon. This technology is for a risk taker person as you will not gain in here without a risk.
The best thing to do when the market is weakening to is to calm and hod your coin. Don't be a panic seller. As you start to invest in cryptocurrency you are already a risk taker. We are already in the BerMonth and for sure the coin will start to recover.
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Many new coins are Scammer
My own test is if is not hacked after 1 years and big sites /wallet use it
To trust a new ICO is we need to find first the reason behind why they create the project. Then it is better to know as well the vision or goals of ICO. Once you able to identify the reasons and their goals, it is good to do background check of the developer or manager of the project. If it is make you satisfied the information you gain ,that will makes you trust and support the ICO.
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Airdrops and bounties is different from each other but there are also the token that we receive. Most shitcoins are from airdrops, they are only using it for donations. I'd rather choose to participate in bounty campaigns that runs ICO, then afterwards you will receive the coin depends on your stake. You can sell it to BTC or fiat currency on exchanges where it has been listed or trade with other coins. You can also hold like what I have done and continue setting a price target to my other coins when I want to sell it, I made $5,000+ from Humaniq, I have 5292 HMQ sold to BTC bittrex at $1+
Wow nice earning! you achieve it just with airdrop/bounties? Impressive ! Of course, airdrops and bounties are very usefull to promote ICO project. This campaign or program will not be created if not useful. Only that some people who are so greed with the money used it to scam others. Its hard to stop scammers but we can prevent them. Check first the ICO project before you participate or invest.
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Nowadays there are so many ICOs SCAM, how do you decide that ICO is a SCAM? and How do you determine that ICO is good? If you can, let me know step by step how you choose a good ICO. Thanks
For now its really hard to know of a good ICOs project most especially that there are also many ICOs that scammed many people and we cant easily detect them because they have their encouraging project platforms. To choose good ICO is you have to know first to know what coin that you want to invest so have a starter where to look for ICO and who to search for. You can read white paper or some related article that will help you. Once you find an ICO, you have to search everything and everyone who manage of the project. Be wise and smart in choosing.
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Hi everyone, I found a service announcement of new wallet platform few days ago in our forum. Their introduction and vision stated in the post seems to be great and it also attracts me a lot. However, I still wonder whether I can trust that new wallet. Can I lose my coins by choosing wrong wallet or they can never stole any coin because they just provide wallet service only? Please help me if you have experience in this field. Thank you. This is the link to the wallet that I mentioned: https://bitcointalk.org/index.php?topic=4582763.msg41338130#msg41338130Yes, there are chance that you will loss your coin by choosing a wrong wallet. Even you keep your token to an existing wallet ,it still has a posibility to loss your coin. Keepin your coin in a wallet is our responsibility , so you have to be extra careful of what you access especially if needed a confidential information.
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no, I wait for the movement of the token, if it starts to stabilize I just sold it. if I am going to lose I just accept it because it is indeed a risk in investing in the currency crypto.
When token goes down hard, I better hold it until it the price high back. If the token flactuate and your going to sell it , you only allow yourself to loss big time. If there is no emergency reason, just hold your token and be patient to wait.
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For Crypto the future of the entire world economy, and we are a part of this future right now. We build it and we will develop it)
I will never quit crypto currency. I will stand for it until it will rise again and those people who quit right now will feel regret in the future. This is our future in advance technology , next generation for the upcoming years. We only have to help it develop and believe that it will survive.
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Its very less likely to happen in my opinion, because bitcoin is the first cryptocurrency and it is the main source to trade into other coin. The presence of bitcoin is very strong.
I think that no other coins that can best bitcoin or other old existing coin. Those coins is created with different uniqueness and potentials. Bitcoin is always survive every years even when it is downfall. Only those new coins that need to stabilize for them to survive.
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Ethereum will be more massive in the future,it is the most commonly used platform for the new altcoin projects,these developers are using erc20 tokens for their new project so yes it is still a good time to invest in ethereum,i am holding ethereum for more years because i am one of those lucky people who bought it when it was less than a dollar,now it gave me millions of dollars from only a couple of thousand investments 2years ago.
Ethereum is a good choice to invest. Then you can hold for long term investment. No need to rush sell if the price will down. Believe of the coin you have and the developer of it.
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they have not understood in detail about bitcoin, crypto currency and everything related in it therefore they are not interested in this. others assume that this has a very big risk. so they are frightened to join
They're not interested because they are afraid to go out to thier comfort zone and try new things. This are the people cant fight the fear inside them and take a risk. Yet we cannot blame them , Not all people are like us that willing to loss or fail. And it is better to mind our own business and focus our goal toreach it.
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Many cryptocoin have no real usevalue and by time these kind of coin will fade away
It is not guarantee that all crypto coin will survive. It will depend of the manager or developer who handle the coin specially to those coin just newly launched. They have to prove first thier existence and the uniqueness compare to old coin.
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Perhaps, To meet the market needs that have not been touched cryptocurrency and for fundraising projects.
There are lot of opinions that could be one of the reasons why they create a new cryptocurrency . It could be they one to create a legacy in this industry ofcryptocurrency or they are amazed of the potential of cryptocurrency that makes them motivate to create of their own or they dont like the current coin and they want to replace it.
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My tactic has been simply buying more! This moment of down will pass and we will be happy to have bought on such great value.
I'm confident in a market recoup.
You already did the right thing to stay calm and hold that's the bedt tactics when market is falling. If you have enough money you can take advantage and buy more coins. While holding you can learn more cryptocurrency in this forum.
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the news is very encouraging .. I can sit down while enjoying coffee and seeing the scenery around, without having to carry a small buck in the pocket.
That is an amazing news. I am fun of Starbucks , paying using crypto it interest me . This is a sign that crypto currency has a good future that we can look forward to. Then , some big companies will follow to allow crypto currency as payment method. Hope it will allow in my country.
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Read and gain knowledge about the thing before you commit yourself fully into it, of course you can be full time into crypto industry like any other industry. But rules are same for all, gain more and more knowledge and experience. Prepare yourself, know the advantages and risks as well.
We are the one who built our future . Cryptocurrency is only a tool or vessel for us to secure our life in the future. So we have to fully ready before we commit fulltime, learn first about cryptocurrency. Do make a plan or strategies and always prepare to face challengies .
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Different people have different preferences. Just like how some people prefer to use cash when dealing, some prefer debit card, some credit card and etc. Each method have their advantages and disadvantages, but people still use them. Same argument for bitcoins.
They still buying btc because they have money to invest and they believe that btc has potential to help them achieve thier goals. There are lots of reason why they invest and maybe we only have common reason. BTC been experienced crisis yet still able to recover.
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Defend on the coin of ICO you want to invest, there many ICO's that the price is higher but not listed in market coz ico is sltill going on, good if you can buy their coin b4 Ico end especialy in the 1st round the price is mostly cheaper than the nxt round, and if this coin is listed into the market when ico end you can sell coin, sometimes after 2 or 3 months if you hold your coin the price increase...
I agree with you that it will depend on ICO they invest. There is a new ICO that launced 5 months ago and my friend have a strong belief that it will make it as one of the top 10 ICO in the market. Hoping for the best as it will depend on how it is implemented and how it will develop or if it can survive when it comes the price down.
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they have not understood in detail about bitcoin, crypto currency and everything related in it therefore they are not interested in this. others assume that this has a very big risk. so they are frightened to join
That is one of the possible reason why they are not interested in bitcoin because they havent fully umdertand the potential of bitcoin. They also entertain the fear of lossing money or to take a risk and try new things like cryptocurrency.
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