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It must be very tragic for you since it was your first tokens from a bounty, with all your efforts been wasted, I remembered my experience being scammed by a bounty manager. It was also my first and it is also my miserable days when you figured out that you have scammed. Is a matter of just been vigilant and careful.
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Bounty campagnes go by stakes and in the case of earning stakes over time such as with a signature campagne, higher ranking members will earn more stakes over time than lower ranking members. If a bounty has allocated 1 Million tokens for a campagne but keeps postponing their ICO the higher ranking members will earn more stakes and get a bigger portion of the bounty.
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You have an point also that some investors that has whales they can really manipulate the ups and down of an ICO project. they can supply almost all small buyers of that coins while also earning because of there big bonuses, while its still an ICO project. But not all ICO projects are like this, sometimes the cause of early dump of every token is lack of support to the team after the ICO ends.
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It's like selling an original painting before it even gains it value or while it is still gaining it value. What smart investor does is to keep and let it have value, unless they are selling out of fear or because they are desperate. For me I am holding all of my coins for now.
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There are many ICOs because some want to earn big and some want to scam others. This is why you need to be careful in choosing ICO. Everybody wants to make it but the truth is not everybody can make it. Be careful
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If you bought a certain token in a low price then sold it on your desired price then you made a huge profit already but you'll have to wait because it will take a long process. So there's no easy and quick way to become rich.
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The decline was due to investors monitoring the warnings from some regulators and increasing crackdowns on the virtual currency market in China. So if you trust in crypto market hold on your coin for soon it will make you smile again
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Even waste of your time is scam, besides some airdrop are worthless and the people in charge might be needing some certain amount of people for a group or something, which you have already joined because of the airdrop, and they airdrop you the worthless coin while they have gained from the group which you joined.... That is scam alone
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I doubt if that will ever be possible, but if it is I don't think that coin can stay and stand on top for so long in the market as bitcoin. Bitcoin already have the popularity and strength to ever be dominated but anything is possible.
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Everyone is trying to be relevant, and try to be like the big boys (Btc,Eth... ). without any real solution that the coin has to offer it ends up becoming a shit coin.
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It's a 50/50 chance, some will last for years but some will die off the market, and it's almost impossible to know those which will die off from those which will make it... It's all about your patience and don't give up trading.
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I know how you feel because some of us have been in your shoes it's heartbreaking but I encourage you to hold on there is hope for them to rise enough for you to recover.
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The market is trust itself, you don't have to trust all coins before you invest in them, that is why you lose some and win some, as soon as u get a new coin, read about them their projects and try to grow the coin to see if there is any future for it. Some grow slowly others hit the market at a rapid rate.
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Yes, ETH is the next in line to BTC, it's popularity and stability in the market earn it the position. Sometimes I just feel sooner or later it will top the list.
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Everyone I think have reasons for doing something, so those selling their altcoins have a reason for doing that, I believe there are altcoins that will outshine the market, so I am one of the many growing mine it all dwell in patience.
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