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Well, I never got interested in the project and as such didn't do any research on it. My opinion is that if no one has been able to give a reasonable evidence of cash out, then you need to advise your friend to move on. I am sure there are still other opportunities out there if one does research.
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I think selling off wouldn't be the best for me, this is because I am very sure you sold off at a greater percentage of loss. Well for me, each time I get any token I sell off to bitcoin, so bitcoin is my major holding and as such I don't really panic.
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#Proof of Authentication
Telegram Username: @Icegap
Bitcointalk Username: TheICE007
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Proof of Authentication:
Bitcointalk Username: TheICE007
UID Number From IMO Wallet: 74546
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Well in my opinion, if I am to spend that amount in crypto, I would spend two third of the amount buying Bitcoin, I would just look for the best position to key in. Then one-third would be used to buy some good altcoins with potentials ,this would come after much research.
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The crypto space is still intact except the fact that the value of the market or the volume rather got bearish, that got a strong hold on the space unlike the scaming issue. More over, over time people have learnt their lesson and wouldn't fall victim anymore.
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This is fact, gift tokens should not be one's major source of income, it is important to diversify while you wait for your gift token and beside most don't pay. Trading is also a good idea for those that knows the technical know how, or one can engage in ofline business. This is a sure way of earning also.
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Congratulations to you for earning , at least you didn't loose,but the only way for you to grow your money is to earn more from where you earned the first one, so you can add up before trading, 9$ is a very small amount of money to trade. All the best as you hustle to add up
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The only skill I have when it comes to cryptocurrency is trading skill, still trying to improve on it. Now talking about who has made more profit or loss, I would say an investor, here I mean an investor who has done enought
research before investing not the one who FOMO's and buys without research. He should be on good profit and should have been on more profit.
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Nice thought,but my candid advise would be not to invest all in crypto, if you could invest some in offline business then that would be great, also considering the present situation of the bearish market, do some research and invest in some top coins in CMC that is down now, could be a fruitful investment.
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It's true, many hunters don't take hunting seriously,reason being that most new projects fail to meet expectations and moreover no new concept or technology has been brough up, they keep repeating or replicating existing ones.
Well talking about exchanges,if the required fund is raised I believe they will go all out but then it has been the other way out except for some project with purposeful ambition.
Talking about support, hunters will give their support with the hope that the project will be successful
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This is solely dependent on the individual, many people have their own strategy and way of benefiting from crypto, so if one chooses to hold then it's their choice and could be that it works out for them. If holding isn't profitable then keep trading your tokens.
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Your story sounds familiar, I bet you are not alone on this, it should be a passing face ,the problem is human insatiable want added together with greed,most people get scammed because of greed, in the process of finding more, they get scammed. For you not To be scammed, you have to remove greed and be ready to do research before investing .
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Well, you spoke well, actually there are some altcoins that are not worth holding, that is why before buying altcoins, one should do proper research ,if you know you hold good altcoin, then there isn't any frustration to save, but one should have his major investment in BTC
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First before buying any token, you should really make sure you bought at low and as such, the best time to trade your token would be when there is an increase in the price value, your selling price would be dependent on the percentage of profit you want, but don't be too greedy. Buy low, sell high.
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Why would you sell your house to acquire crypto asset, hope you also thought about the volatility of crypto, hope you are ready for a long wait, could also be a short one. Well your selections are not bad but would have preferred if 50 percent of your investment was put in Bitcoin.
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Indeed exchanges matters a lot, if a token is listed in top or credible exchanges, there is every possibility of success and growth for the project . That is why most Developers should consider exchanges while the project is in it's inception. The likes of Binance, kucoin, Okex etc are good exchanges that should be considered though listing might be high.
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