Daily many projects are brought into the market with different ideas and background.
But the question is what makes these projects to perform well in the market. No doubt good technical support is too necessary to lead the project towards success, but even with good technical support and marketing many projects can't survive.
So what matters these days is financial backup or financial support. Before entering the market a project (or ICO) should have enough financial support to compete in the market even in worst conditions.
It's my own analysis so far in this altcoin market.
What are your thoughts?
Many factors affect a project, and it is true that finance is also needed in building a project because every project needs funds to be able to develop the project delivered and besides the funds also the activeness of the team behind it to continue to make updates about the project in order to attract investors is a matter must be done so that softcap can be achieved to run the project. |
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All people who are in cryptocurrency certainly want that the future of cryptocurrency can provide benefits and what they do now is not in vain. But, I think we still have to make observations and analyzes about good coins to invest because I think not all coins can provide benefits or arguably not all coins are worth holding for quite a long period of time.
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What kind of a bounty hunter are you? the one who is always eager to promote new projects? or the one who select the projects that appeared to be worthy? or for example you like projects with million dollars allocation like...  Well here is the fact, any bounty that gives out huge bounty rewards are unrealistic, we all know that we are in a bad crypto season but still they think this is the best way to lure you, this doesn't mean the project is scam but forget the dollar price tag and don't bother to calculate based on $$$$ because you can get 10$ instead of your 500$ worth of token, i prefer already listed and trading projects, what about you? do you agree or disagree? Yes, it is true that projects that have already been listed on the exchange will be better because we can buy and sell them. When compared to promoting new projects that are currently arguably very less profitable and some are just scam projects, so I will also choose to trade. |
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Besides BTC, there are thousands of altcoins. Everyday there are new currencies.
Other than top 20 currencies, what are hot and profitable currencies you think?
Do you think that fresh new currencies are always profitable?
But I don't have so many accounts in various exchanges to buy these altcoins. To be have verified accounts in many exchanges is difficult for me.
New coins will always appear with their respective advantages, and I think the existence of new coins is also an opportunity to be able to get profits. If we can observe and analyze the new coin and make an estimate of the likelihood that will happen later, I think we can benefit from it and this new coin can generate greater profits because the price is still low and if we estimate this coin will keep going up, I think we can get a pretty big profit. |
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What is Scam?
Scam is a dishonest scheme that is carried out by an individual or groups of persons in mode of taking away something that is valuable to others. Those who perform these acts are reffered to as scamers.
How do people get involved, how easily are people scammed and reasons?
Many individuals think of the internet as a get rich quick scheme and once they are exposed to any form of investment promising high ROI, witjout a second taught they jump onto it, you and I as well know how this will end? In a nutshell, GREED is a factor
Secondly the inability to conduct research and make real findings on our own. All this as a result of laziness.
Add yours!!
I entreat all of us to be on the look out for scan projects, make our findings and proof beyound doubts their scam intentions and also avoid been greedy when making an inveatment
Most people get a scam project because they don't make observations and analyzes about the project they are going to follow and greed to get big profits can also be one of the factors that support someone to participate in the project without thinking. So, I think it all depends on each of us, how we are more careful before participating in a project to avoid or minimize the possibility of getting a project scam. |
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The market for Altcoins has been bad recently, and many Altcoins have died and lost a lot of money. What kind of Altcoins do you think will die?thanks for sharing
I personally do not know which type of altcoin will die, but in my opinion coins that do not have volume and demand over time will disappear from cryptocurrency and I personally think maybe only the top 20 coins will survive or arguably compete with each other . |
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Is crypto included in the ponzi scheme to get rich quickly?
in most cases I have observed why people rush to get short profits, this is not a good way. I mean the decisions they make are not based on common sense.
This is not what you think, if you think that crypto can become rich overnight, you don't need to bother avoiding investment risks. You only need to focus on crypto investments that you think can make you rich.
but unfortunately the market says it's different, there is no way to get quick profits & all you have to do is how you can survive in this market. between a fixed choice with the same option or switch with another option.
All of course requires a process, everyone can not benefit quickly without the process, they must have learned or understood how to do it right and not in a hurry in making decisions. Most people who invest in crypto, want quick profits without making observations about the coins they invest so when the coins they invest fall, they will be confused because they have no preparation or have other plans. |
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Well!! Did you know? Trading crypto is one of the risky thing as a lot of people starts trading without the knowledge of cryptocurrency market. As a crypto beginner trading crypto safely is one of the best idea ever. What's your take on this? Indeed knowledge is needed before trading, because if you trade without the knowledge or advice of several people, what you get might be just a loss. To trade better with a small amount and we must be able to observe market movements to be able to determine when the right time to buy coins. |
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Bitcoin is back down to $ 7500 and altcoin is also following Bitcoin, is this to buy BTC when it is going down badly or waiting for the price of $ 7,000,
When bitcoin is down this is the right time to buy it, and I think many people will buy more btc. We know, BTC is good for investment in the long run and everyone will definitely choose BTC over other coins. So when there is an opportunity to make a profit or start investing in bitcoin, then this is a good time and we should not waste the opportunities that exist. |
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When 2019 started you have a lot of expectation especially when the price is moving up again from a very long bear trend, you expect that the price will reach another all-time high this year, because of a lot of great news like the Facebook coming in the market.
I'd like to ask the community, is your expectation close to the reality that we've experiencing right now?
For me personally, for 2019 this is still far from what I expected and sometimes makes me feel disappointed or feel that what I have done has not gotten anything. Everyone must have hope to be able to get abundant profits, it is not wrong if what we predict is still falling, the most important thing is we must continue to observe the movement of market charts to determine the right moment and look for opportunities to get profits. |
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I Notice that most projects that conducted bounty finds it difficult to enter the crypto market especially a quality market. i think most are afraid of been dump.
what are the possible reasons why tokens takes too much time before getting listed on exchange.
In my opinion, it is difficult for ICO projects to enter the market because tokens are not valuable, and what about the projects that are delivered, the absence of investors and demand which then makes it difficult to pay for exchanges. And that will have an impact on the people who participated in the project because the tokens obtained are worthless and only fill the wallet. |
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I just want to know, about market issues.
1. Reasons that make you survive or still believe in this market?
2. Is this what is called a market cycle, I mean back to the time before bitcoin reached the highest price in 2017? or maybe like 2014, 2015 or 2016? because I'm not there yet.
3. Why has the recent rise in bitcoin prices not affected the market situation for the better or had an impact on the rise in altcoin prices?
4. In your opinion how to overcome the market situation so that it can be stable again?
The reason I am here is because from here I can get extra income and can invest or trade to fill my free time or can be called a part time job although now it is difficult to benefit from cryptocurrency, but that is not a problem, most importantly we are not too ambitious to get big profits. |
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I think there is still a way to overcome the problem of scamers in this crypto room (but I'm not saying to eliminate it completely). . This might not have a big effect but at least it can reduce some of the fraud projects that exist in this industry. . like avoiding and not promoting suspicious projects repeatedly. .
I have always observed that many of them and even have high ratings but still support suspicious projects, especially participants (social media).
maybe this is one reason why many fraud projects are increasingly rampant, because someone always gives hope to them and makes someone trapped in it.
so what do you think?
I draw the conclusion above based on what I saw there.
But for me the problem is how to find out or avoid a scam project because many people have chosen the project based on their observations and analysis that he usually does but still get a scam project. So in my opinion, we must be careful and make the activeness of the development team in the project a consideration. |
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In the course of this year, ethereum has mostly not been promising due to the many disappointing times we have experienced. Sometimes, it even become very difficult to know when to hold or sell out some ethereum. All the same, many people who trust in altcoins have kept some great faith in ethereum and that is an amazing motivation that ethereum can really bounce back and be the strong force most hodlers wish for.
When prices fall and continue to fall it will be very disappointing for those of us who hold the coin and sometimes we think of selling it but if we sell it we will get a loss so many people prefer to keep holding it because they do not want what is done to be in vain . And at such times all we can do is observe and make an estimate of when the price of the coin can recover and sell it. |
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When i search i found ICO projects with very good rating, this rating posted buy ICO rating websites, how this rating works, websites did not mention about the factors use to rate this projects.
Choosing an ICO project based on ratings and making it into consideration is not wrong, but you need to be careful because some sites give fake ratings. So in my opinion, don't just judge an ICO project based on its rating, you can start by looking at how the team and the products they bring, to avoid or minimize the risk of getting a scam, the activeness of the team behind it is something to consider. |
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These altcoins or shitcoins has become an eyesore every time I checked my wallets three wallets full of shitcoins, I'm desperately looking to trade or dump these altcoins, because it just reminds me of wasted time and money.
Are you also desperately looking to dump your altcoins.
When what I see in my wallet is just shitcoin, of course I will feel the same as you, want to throw away the coins, because the coins are worthless and only become a collection of coins that are not valuable in the wallet, and sometimes it reminds of your efforts us to get the coin even if it ends without value. |
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They just create some kind of hype once or twice in a month or week and make their profit with fake exchanges and forget about it, I am talking about the developers of those kind of altcoins which are not performing and these are totally waste for crypto market and also creating confusion for new people who are entering in crypto world so what's your opinions. Useless altcoins must be remove from crypto market if it happens then it would be great and very beneficial for crypto world.
Newbies are very easy to believe in the words of others, it only takes a few words for them to believe. And altcoin which has no volume will gradually disappear from the market and only coins that have demand and volume will survive. Back again to the newbie to not easily trust others and it is better to ask for advice from several people and then observe for yourself or find out what is true or not. |
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Quit underestimating wallets and figure out how your wallets works either its ETH erc20 based wallets or multi walllets,you lose your private keys or recovery seeds you lose your coins and tokens,I was in a gathering on message when somebody posted his private key guaranteeing he didn't get an airdrop tokens,I wonder what may have transpired as of now,its like some still don't have the foggiest idea how genuine there wallets recovery seeds and private keys are,quit playing with wallet private keys and take them more serious like you doing with your bank account.
This is often done by newbies because they don't know much about it and they easily trust the words of others. So in my opinion, it's better for newbies to not easily trust others and also share their private keys with ease. Ask your closest friends if you don't want to experience things that might happen to us. |
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Hey guys. As the title suggests, i've a question to the presale Investors. Do you invest in Presales? What do you research first in order to invest? What makes the project interesting and worth investing? I ask all the investors, what makes a coin Perfect!?! A working platform? Active devs? or do you guys see something else too? Please let me know, i'm really keen to know such stuff before becoming an investor myself. Thanks.  I invest in presale when I think the project is a feasible project or arguably a project that will continue to develop based on what I observe. And for my own research, I saw the product that was delivered, the activeness of the team behind the project to make updates and the platform they used, it was a consideration for me. |
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So far this year , a lot of scams have occurred in the crypto sphere ranging from projects scamming investors and as well as projects not paying hunters for their works.
What do you think can be done to counter this ill manner behaviors that has been painting cryptocurency bad?
I think there is no one to blame in this case, because cryptocurrency is a free market and in my opinion we must be more careful in every decision and choice we will make. Observe how the project and the activeness of the team behind it, I think it is needed to minimize the possibility of getting a scam project. |
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