Listen to the forecasts and do not know who to believe. Some say the end of autumn will begin the recovery of the market, others for the winter and cite the facts that it will happen and others say that it will happen by 2020. Guess and no one knows anything for sure.
This is cryptocurrency world and everybody is entitle to his or her opinion or predictions as regards the future of cryptocurrency. The crypto world is changing everyday and it appears to be a difficult thing to predict what will happen in the future.
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The bloodbath has been so long and I am optimistic that there will be turnaround in the price of crypto by the end of 2018. The approval of bitcoin ETF will make a significant change in the crypto market.
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The current situation of bitcoin and all the crypto currencies were not good but it doesn't mean that this will be the end of the cryptos since we need to acknowledge that this is not the first time the crypto prices were falling this much so everyone needs to be patient and just get away from your panic this will help the prices to recover faster.Start believes that crypto currencies were going to be the future of this payment system and start HODLing that coins.
I really like your contribution on this is issue. Its good to hear from a well experienced person in crypto world. You have said it all, the main thing for the market recovery is to start believing that the crypto price will still go up again.
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To buy during ICO use to be profitable before now but since most of the ICO launch on exchange below their ICO then the best thing is to wait for coins to get listed on exchange before purchasing a coin.
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While everyone is waiting for growth, I expect a sharp decline. Yes, exactly the one that Nassim Taleb always waits for and he regularly waits.
Due to what the Ether grew from $ 5 to $ 1200? Everything is very simple. He grew up due to the fact that people came to the market, bought the Ether and invested in the ICO. That is, "They needed the ether physically." Demand is growing. The price was growing.
Today everything is different. New people no longer invest in ICO. And old investors sell different chermet, which is called "token." Sell for what? That's right, for the Ether. Then what are they doing? That's right, they go to the market and sell the Ether. He does what? Correctly, falls.
That's all you need to know. There is no black cat in a dark room. But there is a soaring swan of the same color.
I don't even understand your reason for saying the price of ether will go to $60. All your reasons are not clear enough and they are not justifiable. I will appreciate if you can make your reasons more clear.
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Crypto is like a football game where anything can happen before the final whistle. December is still a month away from now and I still believe something can happen before the end of 2018.
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In the year 2017, many people in the world heard about crypto for the first time and they were enticed by the money people make from it. Those people rushed into crypto in order to make quick money but in 2018 when the quick Money was not forthcoming, they decide to sell at loss and leave crypto. This is evident in the late 2017and early 2018 marketcap.
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The crypto market is generally bearish now and if someone decided to sell his/her holdings now then such person will be in huge loss. The main thing is patience because I believe the bearish market will soon be over and we will have another bull run.
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Recently there have been several news about Etherum falling or bitcoin dumping or more still an altcoin dying The truth is newbies are been deceived to sell cheap or buy expensive
Newbies need to work and trust their research power and not be intimidated by any news
Newbie in crypto will surely fall for those fake news but as they go on in the crypto game, they will research more and understand how the market really works. Most newbies just come around because they heard someone can be rich through crypto without deep findings about the technical know how of crypto.
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Satashi Nakamato is a genius and I rare gem in the world. He has singlehandedly revolutionalized the global financial system. He is yet unknown physically but as a lot of people do say, he is a man from Asia.
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Initial coin offering is more than a good concept because the Investors are not after good concept but real gain in no time. We have seen some ICOs with a good concept that got listed below their ICO price. A good example of such ICO is Envion. Envion had one of the most successful ICO in the history of ICO because of their concept but immediately after the ICO the whole thing just crumbled.
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Personally I have not seen credit or debit card of any ICO since I started investing in cryptocurrency. Most of the debit and credit card ICOs are scam. A lot of them promise to role out debit card to ICO investors in 6 months after ICO but some have finished ICO over a year and their debit card is nowhere to be found.
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Blockchain technology is a technology that has come to provide solution to main financial problems in the world. The technology is still very new and its in infant stage but I believe that it will gain wider adoption in the future.
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To my understanding, KYC simply means "Know your customer". Investors(customers) who participate in ICO are made to go through KYC process before they are even allowed to purchase their tokens. On the other hand, Bounty hunters are just "part time workers" of the project and not customers. Even if they will be made to go through a KYC process, it should be before they start working and not after. Waiting for them to finish working for the project and refusing to pay them because they failed to pass KYC afterwards is a total cheat.
This is very correct because ICO projects this days just cheat bounty hunters the way they like. They will not inform bounty hunters that they must pass KYC in the beginning of the campaign but at the end they will just come up with KYC. Its really unfair and its pure injustice.
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Bounty campaign is not that profitable in some months back because of the failure of many ICOs. I will advise you to try short term investment because there are some coins in the market that are very good for short term.
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I think its too early to conclude that there is no bitcoin bullrun in this year. We still have 2 months to the end of the year and I strongly believe that anything can still happen within those two months.
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As for me, if I want to invest in any ICO, the first thing I look out for is the idea behind the project. The reason why I do look out for idea is to know if that idea is ready to solve world problem. The second thing I look out for is the team behind a project. Team is very essential in the realization of the goal of any blockchain project.
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When you are still a newbie to this cryptocurrency world, it is better to take action and study the flow of its ecosystem and be prepared when you make an investment to avoid a profit loss. Don't make drastic move that you didn't prepare to it. Always make your own research first.
This is a very good advise for the newbies in the crypto world. Its important to have elementary knowledge on cryptocurrency before investing in it. Therefore in order to have a good ride in the crypto space, knowledge is highly needed.
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What is the best and trusted wallet for lots of altcoins?
I think the best and trusted wallet to store altcoins is hardware wallet. The level of the security of hardware wallet is understanding because the private key is not exposed and it won't leave the wallet.
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Cryptocurrency and blockchain is a great innovation and I see that it will really go far because it serve as payment solution. Despite the technology behind blockchain, I don't really see it as a killer of cash but it has come to provide solution to a lot of financial problems.
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