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I think this is a way of directing an anger towards a wrong person. Bounty managers in most cases are just employed to work for pay and they have no hand in the actual project. However, some are to be blamed because as part of their work they should have verified the legidity of the project with the team. Some may even collborate with the team to scam others so I think it is a very confusing situation.
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Life has never been easy and it always takes a determined mind to make it in life. Sometimes, I see those who quite easily in crypto as those who came in with a mindset of making it easily over here. The earlier we understand that it is not easy anywhere, the better and more determine will be.
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I spend as much time as the demand of of the day takes. I do not think it is very necessary to stick to a specific time because what must be made clear is that you earn as much as you invest in terms of time.
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What is most important to understand here is that one must build enough knowledge in order to know when to sell, buy or hodl. Sometimes we advice that you hodl because of the experience one has built from the market trends over the years. Panic selling is what mostly brings the loss. Nonetheless, you hold the ultimate power over your own investment and you choose what to do with it.
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I was glad to see that you said you have done some research before your choice to invest in ICOs. I don't know how much you understand crypto but per your rank you look new. I would just advice that you build more knowledge before venture into ICO investment because there are several well planned but scam projects out there.
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This is absolutely true and is gradually making investment in ICO less interesting to investors. I would advice that before you participate in any ICO extensive research should be done to rule out all possibilities of scam before you invest. It is very unpleasant experience which you wouldn't want to go through.
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I would like to advice that you do personal research and get to know for yourself where you would want to put your money because at the end of it all, it is your own money. However, I reccommend that you buy some Btc with it and hodl
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The volatility of cryptocurrency is a major concern to every crytpo enthusiasts and we know that it is a major hindrance to mass adoption. However, I think the example use gave is not applicable.
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Emergency is emergency and it means it should be available at any time. If you invest it in crypto and the value falls as at the time you need it, it will be a disaster. It may sound logically perfect from business perspective but planning is very key in life.
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The most prioritized lesson I have learnt from the crypto market is patience. Mostly, we rush and make sales or buy and at the end fail. We sometimes panic sell when the value begins to fall but some years in crypto have taught me to be patient at all time.
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Sometimes, we are so positive and wish to see only positive growth such that we forget the market can make a negative turn. I was glad someone mentioned we shouldnt be greedy. That is the only word I personally want to use. If you make enough profit, it is better you sell. I have been victims of greed and have regretted those moments.
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This statement looked right few weeks ago but not now. At that moment I felt same and I think the joy could not last longer and it is very unfortunate. I think the bull market will begin around the ending of next month.
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I accept your argument and I will say that is absolutely true. The rule has been to to invest as much as you can lose. People claim they have sold their houses and some other property and have used it to invest in Btc. I sometimes find it hard to believe such statements though.
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Wait and hodl is all you need to do now. It is a very disappointing to hear your story but the fact is that you jumped into the market without any knowledge in crypto and I still think you lack adequate knowledge. I will advice that you spend some time to learn about it and make right decisions. At this moment, you can only hodl.
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How I wish the comparison was made on a fair grounds such that the merits and the demerits on both sides will be duly presented. if not for anything at all, I know as many as possible people who are laid off their jobs in mining companies. Where is the stability you talked about here??
Some of the money one gains in crypto world is far higher than what most of the traditional jobs pay as monthly salary and I don't know any poor person who has gained social recognition. The rich always do.
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The idea may sound perfect considering it from a business man perspective; buying at low value and selling at higher value. i think you need to be told that while you may stand the chance to gain higher profit should the project excel, you have equal chances to lose all or more than half of your investment if it turns out to be a scam or shit project.
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The answer is as simple as this: they lack knowledge in Btc and that is so because they have refused to read and find out more. Sometimes, when you listen very well to the analysis of those who suggest Btc will fade out, you would realise that it is not form on any solid grounds. They are simply finding it hard to accept that Btc is the future of our finances.
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Honestly, I'm finding it very hard to understand the link between Btc and ponzi schemes. Maybe I don't understand ponzi schemes but if I do, then I don't see why we should bother ourselves with this. Btc is far above such discussions. We should be here discussing and bringing on board ways to male Btc better than it is now and not to waste time on such unnecessary comments from pathological haters.
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