There's alot of people move out from Cryptocurrency some are for their loses and without experience,some are doing for in bounty campaigns but still not get result so I want to know behalf of that reason I have mention is correct. What do you think?
The problem is that many projects are scammers, but no one can distinguish them from the real ones, and many people do not get a reward for participating in bounty campaigns or have bought some coins that also turned out to be scаm. Personally, I believe in crypto-currencies and continue to participate in bounty campaigns, although getting a good reward became harder than before.
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It is certainly encouraging that the price of ethereum began to rise, as prices for the remaining altcoins began to rise. But it's still too early to say that the cycle has changed and the bull market has arrived.
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Personally, I crypto-currencies bring pleasure, profit, development prospects. Of course, during the period from the new year you can call an exception, because during this time there were several positive moments, because the prices were very low, but overall I am glad that I am a part of this forum.
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Usually I will see the development of tokens, if it looks better then I will continue to keep my tokens, but if there is no development or seems to decrease then selling is better for me.
Bounty tokens is need to be hold. Because bounty token is really a new release token and it needs to be developed before its price rise. So if we are going to sell it emediately maybe we can loss a great opportunity to earn when price rise in the next few months. So then I suggest to hold on because anytime the market will rise. Long-term storage can bring profit, and in this case it all depends on what kind of coin you hold. I also do not sell my coins at once, and in most cases I regret this very much, as their price is only going down.
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At the moment, many fraud projects and their definition are very complex. Personally, I always check the information on many sites, draw attention to the campaign manager, what is his rating on the forum, whether the project has a product (this is very important), what a soft cap and hard cap and when the ICO is planned.
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Last falling of Ether was obviously planned action. At the same time hundreds of thousands of Ethers were sold, it is unprofitable to do for ordinary man. Therefore, the next logical step is to raise his course.
Yes, someone sells Ethereum in large quantities, which leads to such a reduction in prices. But I am also confident that this is all done speculatively, so that some people (whales) buy it at low prices.
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I want to believe that this is the bottom, and now the price will start to rise, but the market surprises even more, because prices are falling every day. Nevertheless, we do not need to panic and sell our coins, because it does not lead to anything good.
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Yes, you are right, some people lose faith in crypto-currencies and can no longer tolerate the fact that the market is in a downward trend for more than six months, and earning tokens is even more difficult, but personally I do not lose faith and try to get as many tokens as possible, because sooner or later the market recovered.
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Every year the market changes and the market situation does not repeat, it is difficult to say when the cycle will change and the bull market comes, everyone is waiting for it.
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Nobody knows what price will be in ETH (as well as other coins) in the future, as the market for crypto currency is unpredictable and depends on many factors. But I do not think that the price of Ethereum can go down to $ 50 - it will be awful and painful to watch.
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Of course, we need to be optimistic and patient, but at the moment it's difficult to remain calm and morale. Nevertheless, we need to continue to earn coins, because the market will still recover.
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I also do not cease to take part in campaigns for generosity, and I try to earn as many coins as possible, but at the moment to choose a good campaign - it's difficult, and the income from participation is not what was before the new year.
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I did not think that the price of ETH could drop below 300 and then below $ 200, but we need to put up with it and believe in the best, as this coin is very important for the crypto currency industry.
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The market will sooner or later recover, but it is extremely difficult to remain calm when the bear market lasts a long time. Nevertheless, we must wait for the growth of prices for our coins.
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Now is really a very difficult period for bounty campaign participants, as the projects transfer the conduct of the ICO, and some even fail to collect a soft cap, and accordingly the participants do not receive any payment. Nevertheless, I am sure that with the restoration of the market - everything will go well.
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How long time will take the markets go high ? What are your ideas about market cycle ?
This market getting worse day by day so what should I do for it? Should I wait for more time?
Personally, I do not see another option, except how to wait for the market to recover, and also we can buy some coins if there is free capital. Despite the terrible situation, I still believe that the market will recover. We need to get distracted from this.
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I don't think there is any new reason to what is widely known in cryptocurrency community. Bitcoin is rising and when bitcoin rise other altcoin usually will fall. Investors like to move their funds around. A lots of people are doing this right now moving from alt to bitcoin!
It seems to me that the market has changed and there is no such rule that if the price of bitcoin falls - the price of altcoins rises, and vice versa. One can not deny the fact that the dominance of bitcoin is huge, but when its price grows, the whole market also grows. Personally, my opinion.
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One investor says it's the only investment opportunity where a poor person can leverage skill and luck, and literally become a millionaire. So, do you think crypto can make us rich overnight?
With the help of crypto currency you can become rich, but for this you need a combination of many factors, and overnight you will not become a millionaire. Therefore, one does not need to entertain illusions, because the market situation that has developed at this moment makes everyone poor
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I currently have 5 ETH. I should buy an ICO. I need advice from you. please give me a list of trusted ico
Personally, I think that now is not the best time to invest in ICO projects, because projects are very difficult to raise funds under such market conditions, and the new (most) tokens that appear on the exchange are sold well below the price that was at the ICO
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Of course, when a project has appeared on the market and it has a working product, this is very good, and this greatly increases the chances that investors will invest in it, but some projects have a good idea, but do not have the means to do so, they carry out the ICO.
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