Altcoins will come back in due time. What has happened to Altcoins market just revealed how volatile the market is as a measure which everyone should take to avoid further lose always take profit. During the next bull run, Altcoins market will definitely come back.
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This problem of Bounty hunters going without pay at the end of Tokensale will not end if the forum or reputable members do nothing about it. Many projects like Enviin, Tokenpay all had a successful ICO but never paid hunters at the end no one did anything about it.
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I made this assertion during the onset of IEOs I was of the opinion that it would turn out just like ICOs or even worst. IEOs were a means of raising quick profits for both the project and the exchange as well. Binance IEOs made lots of money for Binance due to transactions charges on trades during the pump of IEO tokens. Binance token had an increase in prices as well during the NG this period.
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What I will do is leave investment in cryptocurrency for the time being, save my money for good. Investment in offline business or course to enhance my skills will be of utmost priority to me at this time the cryptocurrency market is unpredictable money can be lost.
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More so they come as self funded projects to eliminate investors fears and make them buy tokens from exchange. Scammers will always be a step ahead of investors because they're smarter than investors.
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Yes I agree with you taking profits from investment does not have to wait long if people can take profits when it comes loses will be minimize as everyone will say at this point I made money from the market.
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Every project is yet being developed I doubt if there's any project whom has achieved their target since ICO. What we can see is some major development on the parts of the project not full attainment of their project roadmap.
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In my opinion, Altcoins season is very far away from today or this year. First the fate of bitcoin has to be established, there has to be a major rally in bitcoin market before altcoin season can take effect. Bitcoin rallied from 3k to 14k, Altcoins had no move in price.
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One thing I like about cryptocurrency is its anonymity which has closed the gender discrimination common in the real world. The cryptocurrency sphere holds a lot for women as well as it holds for men this space is not gender bias a woman can become a great developer.
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In the future we cannot only use Bitcoin. The essence of cryptocurrency is the projects being fuels by it. If these projects cease to exist the hype for Bitcoin will reduce as well. What the future holds is its ability to filter these cryptocurrencies according to their relevance to the world in the future only useful cryptocurrency will remain.
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Well the problem is not about whether there are good projects or not of recent it all ends in scam there's nothing really profitable in the space again hopefully things will change for the better because if this continues, everyone will lose hope at some point.
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Blockchain is the technology cryptocurrency are just tokens or currencies for accessing various blockchain projects. To me though most cryptocurrency should not exist at the first place especially those utility tokens as projects can carry out their transactions using either Btc or Eth.
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Libra might win this and launch at the end but its yet a centralized project which is prone to manipulation either from the government or the owner. Let's not forget its going to be stable this I doubt as whales Wilma pimp it from time to time given the need for such pumps.
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I will take profits, wait to invest after the dip during a new market cycle. Nevertheless, lessons learnt for the past two years are enough for me.
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I think this listing should start from the last. The best way for long term hodl is staying updated a coin might upgrade its blockchain to own blockchain, it could be delisted from exchange, it could turn out to be a scam as well. The only way to boycott this is staying updated with information as regards such project.
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This generalisation stems from the fact that Altcoins are easily attributes to loss of funds on the investors part. Mostly are scam others are proliferated with nothing new. Most Altcoins brings no solution the life.
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The truth is 99% of newly launched projects are fake despite how real or innovative they claim to be. The Ethereum network has made it possible for everyone and anything to be deployed through smart contract assuming deploying a smart contract had price tag which is huge the rate of these scam projects will diminish with time
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To complete your portfolio, I would advice you to buy steem and Tron. Tron has a community of lambo boys, with low price it can easily move up in time. Eos has lost quiet a lot of value price wise its still a good investment. Don't spree your portfolio too thin have a bag you can monitor both news, community and development.
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