scam projects are destroying the crypto space, investors are really scared to invest in ICO projects nowadays as a result of ico projects i the past failing to deliver the promised project. In my opinion, lot more than regulation needs to be done.
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Scammers don’t stop improvising on new techniques to scam people, we already saw how they polluted ICOs, therefore we have to be extra careful on IEOs. They have exploited the ICO and in no time will go after IEO to do the same ,
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Right now, in cryptocurrency the main focus is on bitcoin. It is okay to believe altcoins will still come back some day and only those who are patients enough would gain the bigger profits. The prices of altcoins are low compared to btc. You should be buying altcoins with unlimited growth potential and keep it till the altcoins pump comes alive.
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In my opinion, I prefer long term investing rather than short term. Long term always pays off than the short term. Lots of people don’t like the long term investment because a lot of patience is required. Like it is being said a tree doesn’t bear fruit the same day the tree is planted. You have to stay patient in order to get the bigger profit.
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ICO projects are still been launched, even with the fact they are lots of negativity around it. Investing in ICO projects nowadays takes a lot of risk. All projects seem good until 3-6 months after investing and the promised project is not delivered.
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The level of scam in the cryptocurrency industry is very high. Its your responsibility to protect your self as scammers are every where willing to take your hard earned money away from you. Most importantly, do not be greedy, according to research multitude of people get scammed as a result of greed.
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regulation would be great if adopted in cryptocurrency, but cryptocurrency ought to be a decentralized system. Imposing regulation in cryptocurrency would however, help reduce fraud cases of fake ico projects.
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Right before the launch of libra the global coin, a lot of controversies is associated with the project. Amongst it controversies is that from Yves Mersch an ECB executive board member who said Libra is a “siren call” that will ultimately lead to the formation of a “cartel-like” ecosystem.
It is noted that libra is designed in a way to give Facebook centralized control over the entire entity admist Facebook claim they won't be directly involved in the libra ecosystem.
However the group that will be managing libra project is calibra a fully owned subsidiary of Facebook which is indicative Facebook will still have full control over the ecosystem.
Facebook has acknowledged what many have been saying – that regulatory issues may be an insurmountable barrier to the launch of its Libra global cryptocurrency project.
And not only is Libra “based on relatively new and unproven technology,” the laws and regulations around digital currency are “uncertain and evolving.”
Central banks, government ministers and watchdog chiefs have been lining up to demand more information on the project over fears it could pose a threat to central bank money and financial stability, and provide a global avenue for money laundering and fraud.
In your opinion should the libra project be halted?
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In the last few months, there hasn't been any serious increase in ETH price so far. It's high time ETH pump up to reach about $2000
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Never can tell when the bullrun will come. Irrespective of if bull run comes soon or later, it's advisable to invest in token with low price and sell at high price when bull run comes.
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2020 is quite still far from now, but at the same time, I would predict Ethereum and libra. I see unlimited growth potential in both token.
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Bear market may be over but it is not yet bull run season yet. The current market situation can be better if the prices pump even more. Let's hope for a bull run before the year runs out.
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I won't really invest in ICOs right now, as it is really difficult to differentiate between scam and real project. Investing in bitcoin and ETH is more preferable.
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There have being lots of changes in prices in 2019. We could only hope for more price pump in 2020 for a better market condition.
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No, it isn't advisable to invest all your money in only one coin. That's way too risky. Why don't you just share it amongst various coin.
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It never too late. BNB is a very good altcoin with unlimited growth potential in the future. Investment can't go wrong by investing in BNB
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ETH presently doesn't show any potential of it skyrocketing it market value anytime soon. Since ETH lost its market value, recovering hasn't been realised.
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Bitcoin is the most sought after cryptocurrency. With the present growth of ETH and performance over time. It is impossible it replace bitcoin as the number one coin.
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Since ETH had gone bearish, it been hard to see a major improvement over time of change in its market value. I don't doubt it will rise again, but it might take longer than required.
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Just do your personal research on the project before you invest in it. Since you will be spending your personal money, you should make the decision and not allow someone else influence you on investment.
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