I still can't get how you are thinking that developing some project can cater to both needs. These are two different groups differing in terms of income, standard of living, health conditions, employment, social status and so on. Catering to the rich might get you bigger profit per sale but lesser in frequency and opposite in poor.

Again there will always be a target audience for each project. But it would be difficult to market to both groups.

I am not saying it's impossible but seems unrealistic to me.

See if there was a project which could cause a change so much so that the entire economy could be changed, there would be that coin becoming more popular than others at same time. But no such coin has existed yet and no altcoin would also not be that popular in the next few  years.

Hence it is better to assume that Bitcoin will remain the top coinnin crypto and will not be overtaken by another technological advancement.

I would not say that it is the center because that is more of a human choice. Someone may like some altcoin but that is a personal choice.

The OP did not respond after getting so many replies which makes wonder if they were just a drive by asking for quick advise and quick gains. Old timers know that this sort of mentality is what makes traders lose than gain in the long run.

Of course they might be willing to hold for 10years but a better method available to predict that is by looking at the last 10years price change and we all know good that has been.

With more mainstream attention and use, governments are not going to ban bitcoin use or prosecute those are using it of that is what the OP is scared of.

It is not that necessary if you ask me. A code being open source it would generate a lot of fake copies from many unscrupulous developers eventually launching a new token or coin and then promoting it on the basis on some buzzword in order to generate a fake market demand and scam the investors putting in money on those coins.

So if you look closely, you will be bombarded with new and "emerging" crypto. You can make money off them if you are joining them early and selling before the price drops, but this is a rat-race and not worth getting into. Because if you are experienced on how to be a bag-holder and then pump your bags of shitcoin, you will not be able to profit off this.

A way better method is to stick to "old is gold" and that is bitcoin. Although bitcoin is still in its baby days IMO.

Indeed the altcoin bounty hunting became a lottery after the first few which became very popular. After the start of ETH ERC-20 tokens, there were numerous tokens being launched and that flooded the market will scam coins and shitcoin projects that were not developing anything at all, a vaporware. Coinmarketcap everyday sees some certain coin getting pumped and these shitcoins end up being part of such pump and dump schemes once their investors understand that the project has been abandoned.

My suggestion to newbies is always to keep altcoins to a bare minimum and not run behind them. It is rather important to stash up on bitcoin.

It is normal to fell sympathy for someone who is suffering but it is also wrong on the "victim's" end to continue joining more campaigns like that and keep repeating the same mistake. Most bounty hunters do this and they are the ones who blame for their misfortune.

Altcoin projects that come up are anyway as risky as putting money in HYIP/MLM schemes. If there are people who are investing in those, then there will also be bounty hunters. Therefore it becomes easy for a scum project to become popular while at the same time they waste their time on it.

I dont know if that really solves the problem. If you are paying in fiat they could just use a freelancer site. If you are paying in stablecoins, or bitcoins, it wont matter unless the team is a legit one and has developed a proper project that delivers.

I wonder who told you that, but I have been trying to say the same to majority of newbies who ask in this section about new coins to invest in, I understand their enthusiasm but they also need to be shown a reality check.

I did some bounties at one time and only a couple of them have been successful enough to give me a return worth putting the time in. This is BCDiploma and Viberate and some LPT tokens I got from some airdrop.

However I dont advise coming in to invest in these coins at all. You can never guarantee yourself that they will be successful, it is a gamble. I hope some newbies read this thread and understand that the only coin they need to buy is bitcoin and at lower prices as per charts. Buying shitcoins or bitcoin at a high price is equally risky.

It is true, bear and bull are phases of a market cycle and one does not happen without the other. There will be stagnant periods but then either of these will take off. The point is correct, people forget that there was a bull once to be able to see the bear and therefore the bull will happen again. Hence they need to buy when the bear hits and not speculate only about the price.

Common tendency to sell during a loss is a wrong market approach. Of course only a long term holder will understand this and not someone who has been forced into crypto or came in with a get-rich-quick attitude.

It is all a work-in-progress and the uncertainty about it is way more than that people need to think of. So lets not think about what is going to happen in future but get ready with bitcoin buying as much as we can whenever the price falls. If things go out of hand, we have nothing to do with it and have to cope with it. These are opportunities when there is a war like situation and bitcoin falls including stocks, keep money at hand and buy.

Forget what CBDC comes in, it will be for the better only, if not people will protest and governments will be forced to make changes. The governments always want new methods to tax its people, so it will be such that we can use it with some advantages not disadvantages.

Depends on how your define bad. If you bought at the high then yes your investment has devalued in the face of the current market and therefore bad. Does not that mean that is bad for everyone? No. Those who are buying at low are excited right now.

I assume you had been holding some shitcoins in the past, which have obviously devalued in PnL. What you should have done is sold then when the price was higher just to break even - keep that as a lesson learnt. You could cut the losses and exit them right away or wait for better prices to arrive.

If you think of selling when the market is going down or think of buying when the market is going up, you need to rethink your trading methods. Shitcoins will always be shitcoins, you need to get rid of them when the time is right and not hold on to them. Hold bitcoin, not shitcoins.

If you attend to cater to the needs of some problem, you have to focus on a specific target group and see how big that group might be to run the project.

It is practically wrong to run something that is used by both rich and poor, thinking completely from a businessperson perspective and not the cryptocurrency ideology.

The businesses that cater to rich usually have a big valuation and the average product price will not be fitting the poor. But here comes in the idea of varying the prices. Huge profits of short frequency become almost equal to small profit in high frequency in the long run. I think we are basically looking at similar sales here.

I agree with @Rikafip, the trending section on CMC is based on what coins have bee searched last 24hours and this is coming from their ongoing metrics and not by paying the website to show it up there. Veteran users dont look into this, but rather the long term trend and development of the project.

If some random coin gets pumped to 400% in a few hours due to some pump and dump groups, it does not mean that the coin is legit, this is what a owner should know.

What you should rather focus on is developing and marketing your own project, going to niche media sites and getting articles posted there and then once your userbase is created, check the listing criteria on the support page like @Maus0728 said. Beyond that is unnecessary.

Firstly that is a nice collage and I wonder how long it took to prepare.

Now I divide the video-watchers into two groups,
1. Those who blindly believe everything they see.
2. Those who are skeptical and take what they need.

See the first is the major victim of such shilling, click-baiting and other "cringe" methods of marketing your content. They are also the ones who are in it for the quick gains and dont understand the fundamentals because that needs a brain.

The second group is whom I admire a lot, they know it is a trash video, but they might watch it only to take what they need. If a channel is nothing but trash, usually this group will stop watching a specific channel.

Either way, learning from youtube can be done on many subject, but not trading. The incessant hammering of shitcoins is bad for newbie traders it makes them lose their hard-earned money while the creator gets paid from that shitcoin company.

Also the reason why there is lack of of follow-up on shilled coins. It is a one-night story only.

Trending does not mean it is good. When something is trending there is usually a hype behind it and that negates the big importance given to legitimate marketing which is rare these days when the product itself is not available.

Definitely it is a bubble at this time and I can assure you that every crypto project leader is trying to use the term to gain popularity while in reality they dont even make sense of how meta is useful to their project. Even celebs are being paid to start their meta-based project while newbies are flocking in thinking this to be the next bitcoin.

Which is not uncommon in this sector. Something comes new and everyone thinks it is the next bitcoin, those who dont are the ones who actually survive the wave that comes after this.

Greed is an emotion and it can be controlled. There are subjects who are prone to greed more than others, just like some of have a bad temper and get angry at little things, but such people need to train their minds to stay in control and not let greed take over, otherwise they need to stop trading for a while.

To be honest, such people dont last long either. They will get washed away while trying to make more and more and will be a small speck of dust in the trading timeline. Those who survive this game are the ones who are diligent and have controlled their emotions to not be greedy but be frugal.

The gambling mindset should be changed for this to happen. But there will always be some newbie willing to take the risk and become food for the whales.

This is what you need to stop saying. Instead think of it like this -a drop in the price means an opportunity for the patient traders waiting to pounce on the discounted price of bitcoin.

When you put in this positive mindset you can see how you can use someone else's loss for your gain and this is how you survive in the market. Price is inching at 40k today and I expect bigger drops to happen. I have placed buy orders at <35k levels and kept the money ready for the same. It will be worth watching if the 35k support level sustains against a bigger drop.

Keep that thought of "weakening" of prices and all, it is all a man-made narrative. What happens is buying and selling - as a trader that should be your target and profit from the difference.

Looking for quick returns = High risk methods of making money. They are not traders or investors, but gamblers. Therefore Gambling is not an investment. Period.

The ones we see standing out as traders, at the ones who survived the common mistakes and biases that risk takers get into. One of them is going for the quick and easy modes, like gambling or margin trading. They get washed away and are never heard of again.

From this we can deduce that if you want to survive, you need to learn how to master the nerve and observe the market and it is not difficult if you ask me. Managing risk takes time and patience and if someone lacks these, they should not think about trading at all.

The price on the exchange is what another buyer on the opposite is offering their bitcoin to be sold at. When these two match the order gets executed. But strictly speaking, this comes to play only when fiat is being used as a mode of payment and thus the price gets quoted in fiat units. 1BTC always remains 1BTC just like 1gm of gold remains 1gm of gold provided there is zero attrition due to chemical reaction.

So there is nothing called right or wrong in terms of bitcoin price. If someone is selling bitcoin for 1$, then the price is one dollar, but why would they do that unless they are being an idiot in terms of making a profit, but it is defenitely possible on an OTC trade done personally.

ICOs have been like a gambling which may not be evident to newcomers but to veterans like me this is a very clear. Either get in early when the price is low and sell at high to exit. But don't expect a good listing when buying on token sales. It is a rat race and getting a big return in it is much less likely than what you could in the stock or crypto trading markets.

Some people enter ICOs because they are not willing to buy Bitcoin in a fraction. This is a wrong mentality because every fraction of Bitcoin is costly and collecting those fractions adds up to a bigger number.

I don't consider trading to be a job but a side hobby and thus I don't see the importance of keeping a lid on it during the weekend. Taking a break is fine and important too but making trading your job is a wrong step in my opinion.

Trading is a speculative process and the weekend might see that specific price that you had been waiting for. Would you stop to place th order then or rather seize the opportunity?

Still spending time with friends and family has its own importance on your mental well being and their health too. So keep that in mind.