I must say that its a good idea to leave few coins when you need to sell them becuase we don't know what will happen in the future. Crypto market history may repeat but it might take some years considering the market movement these days. Everyone is waiting for another bullish market and if you want to maximize your profit, just hold and buy more during dips.
Many people are waiting for things where the price of all coins increases and they can get a lot of profit from it. And to buy more coins when prices are falling is indeed the right thing to do but I think it depends on whether or not the person is waiting for the altcoin season. |
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Besides trading, holding, and bounty hunting, what are your other sources of income in cryptocurrency?
I think everyone has their own way which they feel is more comfortable to do. There are those who prefer to hold it in the long run and also those who prefer to trade. Holding or trading both can generate profits depending on how so to be able to generate profits from it because everyone has their own way of making profits and for me personally, I prefer to trade. |
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I read the thread and most of the answer is trading! Yes it is true that trading is really a good method of growing your altcoins. But not all of the times you can win, there are risks in trading and there is not trader even he/she is professional that are not experiencing losses.
Sure thing inside trading,it's not everyday win whenever you make your position, a lots of people loves doing this activities in hope that they can make a good executions and earned from this venue of investment. If you have time and you can do more effort to make good research before taking any action. Continue being optimistic and even you loses your position you can get back if you continue to try harder. Trading is simple but it is not easy. Simple and easy are both different terms, it is simple where you can buy low and sell high in order to make a profit. It is not easy in the way of executing the trade and also the plan that you should do. You need create a plan where you can have a bias. Do not trade a coin that you didn't yet study and you do not created a plan. There is a high chance of getting high rewards if you have plan before you trade a certain cryptocurrency. Yes trading has a high rewards but trading is not that much easy job to do, trading need very much experience, skills and knowledge to be successful, and study about certain coin before trading is very necessary, also the management of trading money and its profit is very important. But if one does not know about the trading coins and market then I think he should stay away from it. Agree, trading is not as easy as many people imagine. Not everyone is suitable for trading because besides requiring technical analysis and knowledge of market movements, trading also requires patience and psychological calmness. Without that, I think we will easily panic and it will be easy to make decisions that bring harm I think trading cryptocurrency is the most effective way of growing your investment. With crypto trading, people can make lots of money through buying and selling profitable altcoins. Trading cryptocurrency is not easy though as it requires certain knowledge for buying and selling in order to make good profits. When compared to holding and investing in an ICO, I personally also prefer to trade rather than holding and also investing in an ICO. For ICO itself, we know that lately there are many projects that turn into scams and many people are disadvantaged even though not all projects are like that but to avoid a big risk I would prefer to trade. To hold our own we only hold based on the belief that the price will be much higher but we do not yet know whether what happens later will be in accordance with estimates. |
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I am not agree with you.If you compare bounty in 2017 and 2019 then bounty reward is very low.Yes bounty is not over but bounty hunter received low reward now a days.That's why they are talking that bounty is over.But If I told you in professional way then bounty has no future.And it's true.Because bounty is free money not a professional work.You are a old member maybe you read many article about bounty have future or not.
Yes it is true, when compared to 2017 it is much different. At this time what we get is arguably only a small amount, but that does not mean bounty is over. I think the bounty will not over because the bounty itself is used to promote new projects and to get funding by attracting investors. |
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The future of the altcoin will have a competition which each altcoin will try to reach a better position in the market, and they will competing with each other to reach more people. The competitions itself will come from the low price into the high price of the altcoin price, and I think we will going to see a changing place in the cryptocurrency position. And the stronger altcoin will get a better place and meanwhile, the weak altcoin will go down.
Yes it is true, there will always be competition between these coins to at least be able to attract many people to buy their coins. Maybe there will be left behind or fall down and some will rise slowly, all can happen in the future and maybe coins that do not have new innovations or innovations to develop the projects they bring will be left behind and we must prepare plans or decisions that we will take starting from now. |
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Investors needs to have interest in other for a project to survive, once investors lose interest its the end, this is why i think developers need to be serious from now onward, there will come a time that new projects won't see investors investing on their projects and its because we have had enough of crappy projects, if there is no more good ideas developers need to stop building projects
There needs to be something that encourages investor interest to invest in a project and at the end of the day many of the scam projects have made investors even more hesitant to start investing in the new project. Developers certainly have a way to make their projects successful, but there are some people who make projects just to make a profit and take away the money they have earned and this is what makes investors hesitate to invest. |
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There are a lot of Icos ongoing without specific products. I still believe many of them are going to give us a huge adoption in this space. But the problem is many Icos are planning to get investments by providing nothing with a solid scamming exit plan. You won't be able to trace them by reading their WP, Team, activities even company formation. Recently I saw an ICO, they were genuinely working to do something but later they ran away with a bit of raised money. They closed their website, TG group and everything.
Can anyone suggest to me how to choose the scam icos ?
I think for now there is no way that can be done to detect scammers, scammers always have a good way to attract investors to invest in the project, maybe all we can do is to minimize the risk of getting a scam project by comparing scam projects that we have had with projects that we will participate in, but this does not mean we can avoid scam projects. If you don't want to get a scam project, it's better to invest in the top coins. |
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I realy want to buy altcoin which coin can i buy to hold and make big project in future any idea tell me best profit coin to buy thanks.
Anything can happen in the future and we can only make estimates based on what we observe and not necessarily what happens according to our estimates. And for now maybe I would prefer to invest in bitcoin and some altcoin might be like bnb, litecoin, ethereum. But I would prefer to invest more into BTC. |
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Guys, let's try to figure out which altcoins can give a huge% growth when the entire cryptocurrency market flies to the moon. I have a friend who bought xem when it cost very very little and earned more than $ 100K on growth, I think that now there will be such coins that our pockets can make rich, you just need to know which projects have a chance, so let's offer each other options  Isn't the top 10 altcoins not enough though? I mean if we're able to see another bull run similar to 2017, I'm sure the top 10 coins will be the first one to really enjoy it because obviously the support is there, it's just because investors are still reluctant to put their cash right now. But if you are that smart, those top 10 alts are still cheap you can go buy and be a bagholder and hold for the next 2-3 years just like what you friend did early with XEM, (I assumed he just HODL on it). 3 years to hold those who can do that might be able to get whales, especially with a $ 100k investment maybe 3 years will get 200% profit even more. Top 10 Altcoin until now it still looks very promising I don't really believe in that, where buying and holding coins for a long time will double our profits. Because if that happens I think every person with cryptocurrency only needs to buy and wait within 3 years, so in my opinion it is necessary to observe some coins and we can't just buy and wait for a long time we have to observe price movements and when we has made a profit so that's when we have to sell it. |
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Yes, Investing in ICO means feeding scammers money! We should stop promoting scam and dead things! The crypto market will do better without more ICO tokens. Most of the token will turn into garbage, no doubt. So, better we should invest in Bitcoins and other potential altcoins!
Yes it is true, I will also agree to invest our money in the top coins rather than investing in ICO. But this does not mean that the ICO project is futile or does not generate profits or waste time, it does not mean that. There are still serious ICO projects to develop their projects but because many scammers make this project difficult to attract investors to invest in the project. |
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Depending on the altcoin of the IEO, if the coin of the IEO is potentially good then I directly buy from IEO, if the coin is somewhat doubtful of his and then I wait for listing on his exchanger exchange. So with so much safer to get profit.
yeah, i think you are right. it all depends on the IEO project, if we think the project is good and very profitable. i think, it doesn't matter if we buy it. although IEO is very good, but we also can not carelessly buy coins. we also have to be careful because not all IEO coins will make us profit. Investors cannot just think of a project to be good or bad before investing. Investors must pass that era because cryptocurrency investment now is in the era where evidence-based investment is what yields good results. In the view of this, the investor is required to study or research into a project or coin in order to know the authenticity and potentials before investing. I think everyone can consider the pros and cons of a project based on what they observe and they don't have to invest in advance to be able to conclude that the project is good or bad. Everyone must have a way to be able to consider a project is feasible or not to be invested. |
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They should accept and have it always in their minds that technology keeps innovating and there's no way to delay the upgrades and changes because it is constant.
If they are not prepared for it, they should accept it too that their projects will be left behind by the emerging projects. But in the world of ICOs, I don't think that there will be a new project that will be the same as the old ones.
That's right. Technology will always develop and we must follow its development and always make innovations so as not to be left behind and ultimately forgotten because many people think that it is old-fashioned. Each project must have something new that is different from the others which makes it an unusual project and can attract investors to invest in it with more advanced technology or innovate with the projects they bring. |
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In fact, when we are blaming the scammers, they are laughing at all, laughing that they can scam us and get the money freely from their victims. And they will not regret or think of our blame. This is so sad.
As we know and sure, scammers are very difficult to avoid or prevent. They are always growing and coming with their new ways. And mostly, they will always get the victims although it probably decreased because of the carefulness of the investors. So far, there are only some ways to minimize being scammed and we also thankful to the board on this forum offering scam accusation, so we can avoid joining in the project as soon as possible.
We need to be more careful when going to participate in new projects or offerings, deep and careful analysis is very important.
We can't eradicate the existence of scammers especially nowadays that going after them is too difficult. They can disappear anytime they want especially if they are operating anonymously. It is the investor's responsibility to do his homework and no one but the investor is to be blame whenever something goes wrong. If you are blaming those scammers, then I don't know if you can achieve something by that. To remove the scammer itself for the time being it really cannot be eliminated and what we can do as investors is to observe by comparing the scam projects that we have participated in with the projects that we will follow later, see how the project, is it possible to turn into a scam or not and we do what we are doing now only blame the scammer will be endless, what we have to think about right now is how to look for opportunities in the current market situation to still be able to make a profit. |
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1. ICOs are not Exclusive
First thing you must know about ICOs is that they are not exclusive to any particular company, team, investor group or audience. Anyone and everyone can use the ICO method for raising funds for their new company, project or product. The only prerequisite to conducting an ICO sale is that you must have a team who knows how to create and launch a token.
Yes it is true, anyone can do that if they have people who know how to make and launch tokens. Therefore I am of the opinion that cryptocurrency is a free market where anyone can participate or make something according to what they can do. And in ICO we have to be more careful in choosing projects and at least we need to know some ways to differentiate which are projects that can be turned into scams and which have potential. |
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1. Why there are still investors in the new altcoins project? For what they invest if they know new altcoins are only about risks and losses?
If the investor already do deep research about the altcoin project, team behind it, and etc. Of course most of them are going to invest. Yeah i know the risk is higher than the profit but if the project is created by legit people, then why not? Of course the investor must do deep research before invest on it. Yes it is true, every investor must have made observations about the project they will participate in and they certainly know the risks that will be taken later and I think every investor must be prepared to bear the risk of the decisions they make 2. Who are those developers that always create new altcoins projects? Don't they know that most new projects just ended with failure?
If we are talking the project who always failure or become scam, then the team is 'probably' fake. They use famous people to lure investor to invest on their project and scam them.
Scammers always have a way to attract investors to be interested in investing into the project and I think this is something that often happens and what we have to do is to be more careful and not in a hurry to invest and at least if we ever get a scam project before, we can compare or assess whether the project we will participate in later allows it to become a scam. |
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So, before you make that decision of selling off everything that you have in wallet because the market is down and out. please reconsider before you regret your moves. you might be holding a token that worth millions in the next 2 years.
That's why I don't sell my altcoins.In the hope that at least one of them will make me rich.lol.In any case, sooner or later, but the season of altcoins will someday come. Sometimes we don't think too much about this, and I think most people are also more focused on getting results in a short period of time because they won't think too much for the long term that isn't possible. It is possible to hold a coin in 2 years which is now of low value which will become very high but for me personally, I will not wait too long and it is uncertain what I will get so when I have benefited from the coins that I hold, I will decide to sell it. |
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We don't judge any ICO to be a scam, but we already have seen so many examples of the bad ICO that is run away with the investor's money. Besides that, we are not judging the new ICO will be a scam too because of they still a new project which is trying to gain more investor. I believe that if their project were a good project, they would protect their investors, the participants and even they will run their project with care. But people are tired to see many ICO has turn become scam in the middle of the phase or after the ICO is finished. That is why many people call ICO will be a scam in the end if they don't have a dedicated team.
It is true. We don't judge every ICO project or all ICO projects are scams, there are still good projects that can really make funds from investors to develop the project, but I think the problem here is, because of the many scam projects that ultimately make investors doubt to start investing again and then have an impact on new projects that want to develop and attract investors to invest in them which then the project cannot run because softcap is not achieved because it is difficult to attract investors or practically investors begin to lose confidence to invest in new projects. |
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If I own the project I won't agree statement like this. They want to promote massively without spending more money. So without limitation they will got massive participant with the same amount of money. Profit? Yes profit for owner not for us. Remember they create bounty program for promoting product not for make us rich.
Yes it is true, the fact is that many projects do not limit the number of people who can participate in it because they can get many people to be able to promote their projects and I think this is a very good and beneficial thing for them because more and more people are promoting projects the higher the chance of getting investors to invest and use the funds to develop their projects. |
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It is so unfortunate the kind of bad treatment unleashed to the bounty hunters by the project team in the recent days. Hunters are treated lesser than beggars by the team despite working days and nights in promotion of the project to its success.
Most teams forget that the work of the hunters is responsible for bringing the investors which contribute fund to finance the project. The team instruct the bounty manager to change the bounty rules unfavorably to hunters hiding under the rule that they have the right to change the rule as they are pleased. The expend the bounty duration without increasing the bounty pool. They delay the bounty distribution in fear of dumping which most of the time do not come from the hunters but from the investors who got outrageous bonus on their investments or the team members who doubts the objectives of the project.
The bounty hunters has to find a way to stop this unfair treatment as it is already becoming unbearable.
This is indeed often the case, where bounty hunters seem to be treated improperly and they will feel that what is done is in vain, promote the project and take the time to get the results they want, but a lot of reality is felt by the bounty hunters who are not according to what they want and they will feel unfair and disadvantaged by what they do. |
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Just take part in bounty programmes where you can earn tokens just from sharing something on your social media. You can also get great rewards by taking part in more serious campaigns like articles, videos or signature.
absoluetely right,, bounty campaign is one from many way to earn crypto without investing, but we should have enough time to do that my friend, and thats mean we invest our time by joined any bounty campaign regards Yes, it is true, if we want to get crypto without investing or mining, of course many people will advise to participate in the project bounty, although when viewed lately many people complain because of the many projects which then turn into a scam and make many people felt that what he was doing was useless but not all projects were like that. Indeed it takes time for us to observe how the project is before deciding to participate and also many bounty campaigns that we can do according to what suits us. |
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