MyEtherWallet was my first crypto application. It was very easy to learn how it works and it was very good experience. I still use it for some operations but I think it is not a good instrument for holding a big amount of cryptocurrency.
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It is very sad to spend your time for scam project especially if you participate in its bounty campaign for a long time (more than two months). But think about investors. Maybe some of them spent much more time to earn money that they invested in this scam.
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Bounty projects could be four or even six months long but the best strategy is to participate in one bounty project no longer than one and half month - doing this you decrease probability of loosing a long time for a scam project.
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I think that the recovering of altcoin are not going to be soon. Instead we could see a new lower levels of minimum price. So buying any altcoin now could bring big losses with very high probability.
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It seems to be very deep theoretic question. The technology of blockchain is revolutionary and Bitcoin source code is like artwork - it costs very much. But the price of the currency is artificially overvalued by the finite number of coins. And I think that Bitcoin capitalization is too much higher than its intrinsic value.
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It is not a good idea. Crypto is backed by math and it is beautiful! Also a gold is more decentralized than any cryptocurrency so it is no needed to be tokenized. So I do not see the sense for launching that project.
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If you are looking at long time period in the future it will be better to write only quality posts. In one or two year you will become an influencer for a small or medium group of people and your posts will be paid much higher that the other people's posts.
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All that we see in cryptomarket is very sad for us as cryptoholders. The big money gradually leave the market and many small holders starting to understand that tomorrow price will be lower than today and they deciding to sell. It causes a long recession.
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We all see that last year there is a boom of cryptomarket. And if we look at the history of markets booms and crashes we will see that booms always repeat. But the next boom could not repeat just in the next year after previous boom. There was not situations like this in the whole world history. So I think we should expect the next prices growth not earlier than in 2020 year.
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I think you should not. The price of Ripple is highly correlated with the price of Bitcoin. But Bitcoin is more stable. I think it will not decrease under its support level at 6000$. But Ripple could decrease under today's price level.
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I look at the graph and I see very long downward trend. It had a big price when cryptomarket was booming so it can reach the maximum only when it will boom again, it should be not earlier than after 2 years after last boom. So I will not recommend to buy or even to hold this coin now.
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The best and the most useful decentralized application today is Etherdelta. I use it very often and with its new design it is not worse than classic centralized exchanges. I think in some field decentralized applications is the future.
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I think we will see price changes between 6 and 8 thousand dollars for Bitcoin this year, maybe it could be near 12000$ in December but it depends on behavior of world markets. I do not think that the price will increase sharply this year.
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It is very hard to beware of scammers for newcomers today. But for people who involved in this market more than one year it is not so difficult to choose right project. The information about team should be open, and if it is we can check it to find some deficiencies.
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1. Bitcoin; 2. Bitcoin; 3. Bitcoin; 4. Bitcoin... It is just a joke but now Bitcoin seems to be the best cryptocurrency to invest. You also could pay attention to coins like EOS, Ethereum, Stellar and IOTA.
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Investing that money to Bitcoin is the best option which you have. Bitcoin can not drop down under 6000$ but it could go higher this or next year and if it will do 10x, you will have 5000$. And then you can buy other interesting coins - after raising of Bitcoin they will raise too.
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I think that NEO and Ontology both have a good future - they are very good projects to hold. But the prices are highly dependent from Bitcoin price which now is not as big as at the beginning of this year. So better to hold Bitcoin and after it increasing more than 20000$ buy that coins.
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I do not think so. 250$ is its support level and the probability that it could go lower is very very small. Many people will better hold at that prices , they do not want to sell at much lower prices than they bought.
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The best strategy is to sell any coin after its listing on big exchange - at that time many products have the highest prices and then their value only decreasing. Especially it works this year when the market does not booming.
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Yeah you are right! Blockchain technologies improving many processes in a lot of businesses and now many organizations implementing it to their product and management software. All we need much more decentralization!
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