We need to pause and watch. The main point is we should hold our investment in altcoins. I am certain, in not so distant future the projects with real usage and adoption will yield great returns.
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I absolutely concur with this point "Along these lines, don't join a bounty or invest into a project due to the bounty manager. Do your exploration before contributing your money or time on any project". I know numerous extraordinary managers however at some point the project which he oversaw fizzle. That is implies manager has no certification of accomplishment
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From my own point of view litecoin is a good coin that have been in the crypto market for some years now but if your points are true that the owner have abandoned it then there is no point investing or holding it.
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In my opinion so far this year bounty campaigns have not been profitable as most bounties take long before they finish the campaign and affect the campaign they take long before they distribute and get listed, which there is no assurance that the value won't dump affect listing. Good bounties are rare.
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I think Scalability is a very important feature of a blockchain because it affects the network speed of the transactions carried out on the blockchain. Blockchain like bitcoin and ethereum are not that scalable as they only process 5 and 15 transactions per second respectively.
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I have never bought or traded ripple before but my opinion is that anybody that wants to buy ripple should research it very well to be sure it will be worthwhile because I learnt the team dumped a large amount of coins within a small space of time.
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Yes this is still very much achievable. It is good to remember that after a good increase in price there is bound to be market correction and that is exactly what is happening right now.
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Thank you for stating this out clearly, I also use to get confused when people mention Satoshi to state the price of a coin, I find it hard to calculate. You have made it clear now that 1 Satoshi is 0.00000001
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I see a lot of people complaining about the volatility of crypto market with the prices of all their altcoins have reducing drastically, and they hope for the bull run to come and everything should increase. I think that the bull run is not the best solution to the volatility of the crypto market, but adoption.
The best and main solution to the volatility of the crypto market is real world adoption. There are alot of cryptocurrency project that are very good and innovative but are not yet adopted that people outside the crypto space (which is a few percentage of the world economy), therefore there value is subjected to the market changes. But if they get adopted by the real world and there token value is based on the real economy (i.e daily usage by people) then the value would be on the increase regardless of whether the market is bullish or bearish.
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I think that is a wide dream that may never happen, the maximum is for altcoins to keep improving in values but not up-to the standard of bitcoin.
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Even though the whole market is at a bad turn and ethereum is at the receiving end, I still believe it has the potentials of rising up the ranks and be a very good coin. So please still hold.
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Not a bad assumption though as it is evident that ethereum is the most widely used coin for ico's, it's a correct call for me.
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It has really been a disappointing and frustrated year for icos in general and as such there is need for extension of bounty campaigns in order for the project to meet their hard cap.
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It is best to be selective before venturing into any project for bounties or else at the end of the day you will have your self to be blamed. You just need to watch well and check other people opinions on any recent project.
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There are really no very reliable coins to buy or invest in at present but if you have enough money you could buy ethereum now because it still has very high potentials of rising in the future.
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It is the best when coins rival each other and tend to takeover from the leading coin but as of present there is no coin looking to overtake bitcoin as the king.
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It's all your decision to make brother, it's really best for now to sell at once cause no one knows what the market is turning into and shouldn't risk losing your money.
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This is actually really funny, but you don't have to have the mindset of giving up the sense of earning money in ico even after putting your efforts and time towards it. Please rethink!
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Make thousands of dollars without investing??? Then you must really be ready to work hard because that is not and never a day job, you can get involve in different bounty programs ranging from content creation to signature bounties. All you need to do is to find good icos and register, then the rest is history....
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