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Ethereum is getting popular day by day. People participating in ICOs they use ETH a lot. Ethereum is a smart contract.
But what does Ethereum do better that any other alt?
Agreed. Ethereum is getting popular day by day because of its smart contract used in ICO. Ethereum is focusing on their development with active dev team and reached beyond expectation. And ofcourse, newly concluded ICO with eth smart contract can be tradable in decentralized exchange using ethereum only.
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In the first place if you invest and want to hodl specific altcoins for long term then it means you believed that there will be a potential in the future. It doesn't matter anyway if the market price is falling since it is normal as there is no altcoin price that going in up direction only. Falling of price for the altcoin you believed is an opportunity to increase the number of it which will give you more profit when the right time comes.
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KYC is against of what blockchain technology is intended to. I do not support project that requires KYC since it is risky to provide our real identity to strangers because we don't know what they will do of our personal details. If you are joining airdrop for example and after you received the token you sell it. Then, your name still on their database even you do not have the specific token with you.
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If you are planning to hodl your altcoins for long term it is better to keep it in the wallet. For safety reason, it is advisable to keep your altcoins in more than 1 wallet just incase in worst case your wallet is hacked then you will not lose all your investments. Keep altcoins in exchanges only if you are planning to trade it at the earliest.
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Hope you did the right thing the day you posted this since from february to this date we can say those who hodl and did not panic is starting regaining their lose or even gained a profit. That is why if we truly believed on the altcoin or token we invested no matter how price falls there is always the right time it will recover. If you sold your token that day most probably you are blaming yourself now.
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Bitcoin price is high because it is the pioneer in the world of crypto. The first cryptocurrency that can be use to purchase goods and services. At the same time the first that can be convertible to fiat and vice versa. That is why some considered bitcoin as the king.
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My biggest so far is $10. But like others doing while doing some bounty campaign I am joining some selected airdrops and hodling the token. Though nowadays mostly airdrops are below $2 I am just hodling it. Getting $1 airdrop is fine but the problem is there are lots of scammed airdrops so sometimes I am losing my interest.
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There is no fastest way of getting rich even in crypto. Imagine how long you need to research about trading crypto and master how to trade and gain profit. Also, investing in ICO with large amount will not guarantee that project will be succesful in short period of time. Those people got rich from bitcoin are those adopted bitcoin years ago.
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It depends on amount you have to which you can afford to lose. Trading crypto is consists if high risk since volatility is high. If you are new in trading better to study first how the flows work then start from a small amount until you gain experience.
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There are different ways to find a good bounty to campaign. Like looking on bounty section on this forum, following reputable bounty campaign manager posts or checking other users signature. It is strange how a full member account with 300 plus activity don't know how to find a bounty unless the account has been bought.
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First of all if you invested to a specific altcoin it means you believed that it will have a bright future on their project. Therefore there is need to panic if its price drops since that is a part of the market. Just hodl it and wait for the right time. Unless, you just investing without thorough research definitely you will get panic.
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Interesting topic to discuss with. There is no way to know 100 percent guarantee that a single project is not a scam. But there are some steps to minimize being scammed buy doing some research about the project itself.
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First you need to check to which exchange your token is listed. You can check it from the telegram group of the project if not yet listed in coinmarketcap. To check available exchange of your token on coinmarketcap.com search the token name then click the "markets tab" then you can see the list of exchanges where your token has been listed.
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Yes, we need altcoins because these helps in the success of cryptocurrencies and blockchain technology. Every altcoin have their own purpose. Introducing lots of new projects means that more and more people are now adopting crypto which is the key of success in the future. Each and every business field such as buying goods and services, realty, medical and more are now offering using digital currencies.
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Yes, These young people are spending lots of time using gadget and internet. The younger generation are educated and interested when it comes to the cryptoworld. But when it comes to experience, veterans are more careful in decision making. So, in order for the crypto technology project to succeed all responsible ages will be better as a team.
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For me it doesn't matter either in $ or token as long as the project is looks good in terms of its purpose and having the potential of its developments in the future. Another is the allocated budget which differs on each in every project.
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Well said. We need to take a look closely about the uniqueness of the project and what it can contribute in the world of digital currency in the future. Also, needs to verify how experienced the team and their sincerity to their project.
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Depends on the bounty token received. If the token I think is having the potential in the future then I am hodling it. If I am not so sure of the token received I immediately sell it once it is listed in exchange and convert it to some potential altcoins.
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It is unusual to wait for 6 months unless it was mentioned in the rules from start. Mostly it is stated in the bounty rules about when the rewards will be distributed. In such case if it took too long means the project is unsuccesful.
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I like ethereum and bitcoin for long term as these coin/altcoin are already proven their purpose in the blockchain system. There are also lots of good ongoing ICo projects I am following in which I beleived have the potential in the future.
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