At this point EOS hodlers will be lucky to even get the initial amount they invested into this coin. This coin is nothing more than a centralized piece of software. Just the idea of someone having the power to take away your coins from your account is too big of a red flag to stay invested in this coin.

The only thing they should have banned is ICO ads as those were the only projects that were turning out to be scams. I think they realized that crypto industry is too big and has a bright future and by banning it they are turning away from so much revenue they could be making from it instead of making nothing with it.

I hope you didn't invest much during the top. Now would be a good time to to enter the market. There can't be a more better time than a bear phase to buy Bitcoins. Also try to daily cost average instead of going all in as you might end up buying the top otherwise. Also try to buy the dips.

By panic selling all you are going to get is losses and there is no sense in selling crypto currencies at a loss after taking so much risk by investing in them. But if you hodl than you have a very nice chance to get huge returns on your investment once the markets recover. Although it could take some time before that happens.

OK, either you are really new to the Crypto market or you have no idea what you're talking about. Do you know how many exchanges get hacked every month. Just few days ago Bithumb got hacked. Before that the Binance hack happened and so on. Do you want to be one of them whose coins got hacked due to some exchanges poor security. If not then withdraw your coins from exchanges to your own wallet ASAP.

Yeah and so was he wrong about Google and Amazon. If people would have listened to him then than they would not have been able to tap Into the huge returns that these two companies have given over the years. He just does not understand technology and like he said himself, he doesn't invests in something he doesn't understands.

Both Bitcoin and Ethereum are here to stay. Bitcoin will stay at the number one position for how long is no ones guess. But if Ethereum continues to grow at the current pace than I am sure that it will over take Bitcoin in a few years. Also Ethereum has the advantage of so many tokens and applications being developed on its platform.

Yes altcoins are just as important as bitcoins. In fact they have the potential to be be much more valuable than Bitcoin in the future. Bitcoin can't stay at the top forever and some altcoin is going to take the number one place of Bitcoin in the future. Its only about time before something like that happens.

You need to clear one thing first that crypto market isn't a get rich quick scheme. Many people enter the the bitcoin market with that in mind and end up disappointed after few months when they don't get the returns they were expecting. You are going to end up losing your money for sure if you invest with that mentality.

Hardware wallets are the most secure wallets. Nothing can provide the security and safety that it has. Although not everyone can afford them as it comes at a price. But if you have large amount invested in crypto markets then you should consider it, as paying a small amount is better than losing all your money.

Unless Bitcoin stops using the proof of work algorithm and shifts to some other algorithm I don't think that mining is going to lose its influence. But with coins like Ethereum shifting towards proof of stake and leaving mining, it is certainly going to have a negative effect on the mining industry.

How did you come to the figure of 150 billion that the price going below it will result in a market collapse? Yes the market is going through a correction and it is pretty common for the market to be volatile like this. Also this isn't the first time the market is dropping like this. The market always drops like this after a bull rally.

Of course it is tough to buy low and sell high. If it would had been so easy then everyone would had been doing it. And specially in a bear market it becomes almost impossible to earn using that strategy. This strategy only works if you are patient enough to hold for the long term and avoid getting panicked at small price dumps.

Of course the product is important for an ICO project. With the current ICO market scenario not looking good I think it is getting even more important for an ICO to have a working product. It is the only thing left that can bring trust back into the ICO markets. Otherwise this market is going to end up dead in a few years given how many projects are ending up failing.

You won't find the old timers complaining about this price fall as they are accustomed to it and don't get panicked so easily. While on the other hand most of the new users are going to panic and complain as they aren't used to this much volatility. They just want to see crazy returns on their investment.

It's not like you had to pay for it from your pockets, it's just that you weren't able to make such high profit. If you are active in the crypto market than you will find many such opportunities in the future. You shouldn't feel defeated but should be more excited for the possibilities that crypto markets hold for everyone.

Having your portfolio diversified is a good thing as it reduces your risks and increases the chances of better returns on your investment. But being invested in too many coins will also be negative and would work in the opposite way. Just pick few established coins with great use cases and you are good to go.

First thing that you need to understand before entering the crypto currency market is that this isn't a get rich quick scheme. Most of the new users enter with the thought of getting rich quick but the crypto markers don't work this way. You have to pick the right coins and stay invested for long periods before you see any returns on your money.

To be able to see if an ICO team would be falling under law would be to check the team members location. If you are unable to find that than thats a red flag and you should stay away from the ICO. Also it is very easy to fake all the details of an ICO and there is no guaranteed method to be able to find out if an ICO is going to turn out to be a scam.