Airdrop is a good way to get free tokens, but it always takes much time and brings few rewards.
When you join in an airdrop, which step do you think waste your time? For me, the answer is "Submit Your Details".
By the way, are you still willing to join in airdrops? If not, why?
I would still definitely join airdrops until this time, because not all airdrops are scams and frauds, we still have legit airdrops, maybe we should study first the projects which is doing an airdrops, and we must also be aware that scams and frauds are everywhere, using airdrops as a method to get details from the participant. |
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That was the collapse of ETH, because most of the airdrop and bounty programs were through the ERC-20 platform. Do you think the same thing happened?
We all know, that some of the ERC20 introduced tokens and coins are frauds and scams, and some others being abandoned by the team and developers, this helps to loss the confidence of traders and investors in the community, the only thing we can do so far, is we need to employ the right trading strategy, and we all know, we recently have the market crash and this contributes to the drop of prices and market value. |
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I invested and joined as bounty hunter in many ICO which has good concept, experienced team members and also good hype but after listing price drops very much. Some of project also not recovering since long time. Any comment.
The recent drops and decline of market price is due to the rampant tokens in the market, plus the increasing number of scams and frauds, my take on this is that, we must be aware of this new projects, there is a possibility that it would continue to drop and decline, as the other top coins are also declining in value, maybe we must be aware of what coins we gonna invest and taking in, invest at your own risk and a spare money only just to avoid greater loss, diversify if needed to minimize the loss. |
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I would like to say that today in early December in 2018, it is a good start for a market that is returning to green. And it was the opening for a better crypto market situation in the past few weeks. Ethereum is still ranked third after XRP. It is not impossible if it will return to second place to reclaim its position. What do you think about this?
Of course, december is a good start for investing and trading as the market turns to green, but we could not predict if this is permanent, and it seems like the market is responding to what we always pray, my only hopes is that ETH will turn into top 2, just like before, XRP is still the most tradable assets so far comparing to ETH, but i think this is not permanent, as the new upgrades for ETH is coming, the momentum for ETH is yet to come. |
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Some governments are starting to embrace blockchain and cryptocurrencies and others are literally closing the doors to this technology. Do you think governments will continue to fight back against cryptocurrencies and decentralization?
I dont think so, in fact government supports virtual currencies in some countries, so i dont think that the government could restrict from using crypto, in fact it is not controllable in such a way that it is run by blocks and blockchain itself. There is no way that the government could restrict to that, i think they must emply certain rules before adopting it, also it helps the economy more easier to transact and it makes thing more easy rather than the usual ones. |
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I want to know how you relate the risks to profits?
What is the determining factor for you to sell or buy coins?
How many of you are trading short-term?
There are certain level of risk that we need to understand and need to employed, and the best thing is that, how do we understand the opportunity or business we are taking in. In my experience of crypto world, I always see to it that the level of percentage of possible losses must be carried out. For example when I trade something, the possible loss percentage should be at least 10 percentage, gain should be at least 30 percentage and then I set the selling price, I always did this order that I could prevent the possible big loss. Small gains can be better rather than losses. I know we have different strategy and it depends on us on how do we manage in it. |
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This year we have witnessed many scams projects that we have invest in more than others years. I think scamming activities is high this year more than others years and I will like to find out the way out of this. Are we going to find solutions for this by developing more security projects? I think we can kick scammers from icos market and if we can not do this governments should come in and help this market.
The situation is uncontrollable at this moment, because the implementation and usage of ethereum erc20 blockchain is free to use to everyone and anybody could create their own coin and etc. The only thing maybe, we can hope for is that the ethereum community could restrict from creating new tokens, i mean they should implement certain security measures in order that not anybody can create their own tokens, and of course, we being the investors and or bounty hunters should be vigilant in investing or promoting projects, we should investigate first, before we do certain moves. |
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As we can see, Bitcoin lost its stability yesterday and we're on $5500 now. I expecting that bitcoin will starts bullrun at middle of December 2018 but we lost about $700 in just 1 day. Is this the beginning of Bitcoin's downfall or it's just getting ready for bullrun by the end of the year?
What are your expecting this year?
It seems that everybody is waiting for a bullrun but didnt happen yet, for me, i think we should not think about it, besides you can take the opportunity to buy some good coins, rather than hoping and wishing that bullrun gonna happen this december, we are now entering december and everything is dropping and all others, so i think, its not a good idea to hope for a bullrun this year, but rather, given the data, you can have the opportunity to buy some. |
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This is one of the most challenging years in the world of cryptocurrency since the onset of its existence, but it has proved itself for not a profit-making year rather for investment time in the world of cryptocurrency. This is the best time ever to invest in cryptocurrency. We have been experiencing bearish time since the beginning of the year and this is still ongoing. The best alternative in bearish time is to do long-term investment. The wise ones always invest in this time while the foolish ones back out from the market. Bullish time will soon take over from the bearish time. Then, the wise ones will take over the market.
There are so many ways you can invest at this bearish time; the first one is to look for good projects that have great potential to be successful and invest in them either by buying their ICO or through the bounty campaign. Secondly, you can look for good coins or tokens that are already thriving in the market before the bearish and invest in them.
I will like to know your take from this post
As i said in some of my post in other threads, this year gives us an opportunity to buy some assets, let us all remember that once in our lifetime, the crypto market already crash, and the prices of coins are very low, and we should the opportunity to buy some good coins as well. Today, i comment myself that i should buy some ethereum this time, as the price is very low, compared to prices the other months. Lets have a fate that one time, we gonna make big profits. |
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I believe the dump in the price of cryptocurrencies will not exceed this year. No matter how dip the fall is, we will definitely have a surge in price and soar high in near future.
This is an opportunity for bounty participants, even for those who are coming in newly to work now, like they are just starting allover, because after this dip will come a pump and it is most likely going to come when you least expected.
Keep up the spirit as it were during the early years of bounty. You will definitely be glad you are still in the system.
Winners will never quit, quitters will quit, this is the sayings that always pop up in my mind, i have the fate that crypto will have its own time, not this year, or not next year, but maybe in the next coming years. Given the fact that the market is in bad condition, maybe this is the best time to buy good assets, i mean let us all take the opportunity to buy some good coins. I remember last 2 years ago that the price of bitcoin is very low., and i said, i will buy if the bitcoin hits 5000usd and in few months it hits that price, i always lose the opportunity to buy at the very low, but then i bought some portions of it and i keep it hold. I believe that bitcoin and the others will soar its value, we just need to learn to accept that fact that not everyday is a happy day. learn to accept some challenges in life. |
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The crypto market is on a rapid downward spiral and almost all coins including so called good coins are down in prices. Is there any chances the market will recover? In my opinion, it takes the end of the year 2018 to recover the market. What are your views?
In my opinion, nothing is permanent in this crypto world, sometimes, we believe that bitcoin is the greatest type of crypto, but later on, another coin will be named as the greatest coin, the same scenario with the market, we could not tell, when is the right time to buy or to sell, but given the fact that market is really really bad at this moment, being a believer of crypto, i believe that it could recover later on, maybe next year 2019 is the best year of crypto, you know its a gradual process and there is no overnight success. |
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I'm not spreading FUD and everyone is free to do whatever he wants. After all, it's your money.
What I'm suggesting here is to take all the tokens and coins you're holding and start reading the whitepaper, check the roadmap, see the team behind that project and how active the developers are is by looking at the GitHub repository. If it's not looking that good, don't think twice, just go and sell regardless of initial buy price because you'll be cutting your losses this way.
I understand that saying "hodl" is nice etc but you should use your brain and don't be blinded by the idea that every useless out there will go to the moon. Only a few are worth investing in so instead of holding random coins, you may want to target something that has been here for a long time and still doing well such as ETH, BTC.
I respect the idea of giving the advice to the holders about this scenario, but i would also take some part of the advice, hence, it really helps to cut the losses that might be happen in the future, i believe that studying again the token background is a good idea whether we need to sell that specific token or coins, because it is not new to our knowledge that some developers would abandon their projects, and make another ICO or tokens again. The idea is simple, we need to be careful of what coins or tokens we need to be hold and sell, some others out there are useless nowadays, making the investors or holders loss their fate in investing new ICO or tokens. |
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I have joined in this form in November 2017! Before that, I did not know about Ethereum but I had a group for buy - Sell bitcoin! When my elder brother told about Ethereum and he ordered me to keep an eye on coinmarketcap always! That time Ethereum price was 330 USD and after few days, it went to 290 USD and the ln the bull market was started! But after almost one year, I have to see Ethereum price at 170 USD! I am feeling too much bad. What about you guys?
Being a believer of ethereum, i could say that although i am hopeful that this droppings of price could stop, i am participating in eth few years ago, and some of my profits are keep in ethereum portfolio, i am so happy last year that i have it in my portfolio, and i hold it for months and years, but this year it shocked me momentarily that my holdings almost lost 80% of the market value but still i am hoping that later on, maybe months or years to come, it could normalize and an can recover from the drastic market crash, i am still a believer of ethereum up and until now. |
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I came across to bitcoin discussion section and found out threads about how bitcoin change their life. It was known that bitcoin has literally change lives of others who were able to participate and join in any form that which they could profit bitcoins. However, I was curios also if it is possible that users here in the forum has change their life through altcoin.
Altcoins is a short cut term for alternative coins. This is base on my understanding as to what I have read and learn it from others. Due to the numbers of existing altcoins in the market I bet that there could be an altcoin who made one to change his life by earning huge profit.
Though altcoins have huge difference when it comes to the market cap of bitcoin, but still it could be profitable a certain individual who follow that altcoin. So, how does altcoin change your life?
Since i am not really investing in any altcoins, because ive been participating in almost all bounties, i could say that it helps me a lot, i myself could testify that i was able to repair our own house, i am so thankful for it, it changed me a lot and helps my living condition, as of this time, i am still not hopeless that the market could recover as soon as possible. |
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In my own observation on these past few months,if the bitcoin price in the market goes down,all other coins are also down. Other coins will remain,if bitcoin's totally died?
Any opinion please!...
If bitcoin will die, then a market crash could definitely happen, making almost all of the coins and tokens becomes nothing, but who knows, we cannot predict what will happen, sometimes its easy to speculate but in the same way, the opposite things will happen, there comes a time that a new coin will become the best, sooner or later, it will happen, whatever it takes. |
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I have observed that most bounty campaigns nowadays are not complying with their tagret end date. No problem with extend the campaign but man, these projects are now imposing hunters to not remove their signature until the end of the campaign. This prevents participants from leaving the campaign. Poor participants cannot break free from this and to look for other productive campaign. They have no choice but get stuck and post for these companies. Did you have the same experience? or Do you observe the same pattern? please enlighten me.
Oftentimes this happens frequently, some projects need to do this because based on their explaination, that the counting of stakes takes a lot of work and its takes more time and or days or weeks., this may lead to a waiting period of weeks to remove the signature, and the bounty hunter forced themselves to wait, in order to be paid off, and in the end, tokens still need to be listed in exchanges and the value is dump, its so frustrating to accept the fact, that this always happen frequently. I am a believe of bounty campaign in order to help the team to spread awareness to the community of the certain project, but please they need also to do their job as well. Bounty hunters should be prioritized, the same way with investors also. |
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