I have been hearing that even major altcoins are gradually losing its value.
For long term investment purpose, no more investing in major altcoins recommended?
Btw, has anyone experienced BISPEX exchange known as its insurance funding?
I have not tested the trading platform that you proposed, but I have an interesting opinion about investing in top altcoins. The fact is that when they say that many, if not all altcoins will die, then such people are disingenuous, because with such statements they push the market down to buy the best altcoins down there. At the moment, we see that with each new cycle of development of the crypto market, top altcoins showed new heights. If you want to find out if there will be another new peak, then you should take a chance and wait for this moment.
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A lot of us would have wondered, why a token with good hypes, valuable products, end up with bizarre prices and ends up delisted.
I say it is because the project product was created to short live, or perhaps theres no catalyst (in terms of development) that could push up the prices in the future. Thats why it is important to check the development programs of most altcoins before investment.
If you check bnb, okb, kcs amongst others, you would see the developments acting as catalyst in different times to help prices of tokens. How many altcoins do that ?
This is what i feel about the present poor prices of most altcoins, What do you think ?
You are right, you need a catalyst, but the question is, what is the catalyst for the success of altcoins? I have been working with altcoins for several years and have seen both the success and the collapse of many crypto projects. From this experience, I concluded that the whole problem of the failure of altcoins is the greed of the admins of such projects. In this case, honesty can play a catalyst, which can attract investors and give impetus to development. There are very few such projects, practically none, since the admins of such projects see only the opportunity to earn and leave. The market needs honest players and then honest altcoins will be able to show growth.
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Binance coin was hit to Coinmarketcap around 25 Jul, 2017. At the time BNB was trading nearly $0.10 with 10 Mln USD market cap, trading at its own Exchange Binance. whereas at the same time Ethereum was trading around $225 per Eth, having more than 21 Bln USDT Marketcap. Later on Ethereum Blockchain was well in business and marke its all time high price $1368 per coin and its market was cap was above 132 bln usd. This time was early 2018 and all market was at its peak. People were expecting about Ethereum will soon overtake Bitcoin and this all was due to Ethereum Blockchain adoption for new ICOs launching with the help of smart contract of Ethereum Blockchain. But this all was slowdown gradully due to fake ICOs. With all this happening entire market was in downtrend which is still continue. Where this was badly effect whole crypto market but Ethereum was also in correction and this was lead its value to the agin under $200. Now here is the other story of Binance. In the same time Binance was in serious busniess and its addoption was over the Moon. So, Binance was in race of becoming World No.1 Exchacge by beating Bittrex and it done the job, the other side its Binance coin was making business day by day. Binance management very smartly engaging its native coine into miltiple purpose and make it one of the best cryptocurrency in Bolckchain Industry. We all well aware how last year Binace utlise its Exchange and develop their Binace coin market. Here i want to mention some core businesses operating by Binance Team. - Binance Exchange
- Binance DEX
- Binance Chain
- Binance Fiat services
- Binance Launchpad
- Having giant partners
Binance acquire Trust Wallet, WazirX Indian Market. Binance coin will make history buy using like these above mentioned features and many more. I think someday BNB will beat ETH, What you Think The fact is that this is not the first statement that someone will defeat Ethereum and take its place. I remember such messages began to appear a year ago, however, as practice shows, Ethereum, as one of the leaders among altcoins, continues to remain so. I believe that all the assumption about the imminent death of Etherem is just the desire of some competitors, nothing more. I believe that Ethereum will continue to be a leader and will even strengthen its position.
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Did you hear about IronX and WPP? Both came in 2018, and both raised good money from ICO! From February 2019 to now, in IRONX telegram group 2-3 admins are active, if you ask about any update, they will reply to you "Our Technical team is working behind the scenes, very soon you will get an announcement"
Then I left their telegram group in March 2019, then a few days ago I was remembering all projects of 2019 then I joined IRONX telegram group again to see the latest update, you know what, admins are still active and giving the same answers what they copied year ago!
I don't know how many days I will remain mad after seeing this (Sarcasm)
Now, about WPP! Admins are very active for nothing. They raised 59 Million USD, just listed on Digifinex exchange and that's it, their coin value became worst, trading volume less than 1K USD! Whenever you ask to update, they will reply to you with shitty information, if you ask them back, they will ban you!
I remember exactly such a project as IronX, I won’t be sure about WPP. Of course, all this is very bad, as it once again shows us how deplorable the state of the crypto projects market is and that some of them are created only for the sake of raising money and nothing more. But even worse is the fact that no matter how we study the projects, we will not be able to 100% know what will happen to him in the end. It remains only to act at your own peril and risk.
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There are so many coin out there, Please what do I look out for to make a good choice for investment into any of the coin.
Please be sincere.
Thanks
I believe that it is best to invest in BTC and top altcoins like ETH and LTC. In my opinion, this cryptocurrency will show growth over the next year or two and you can earn on them. I assume that the cryptocurrency market has now entered a new growth phase and how in the previous phases it was able to show excellent results and new heights. In any case, try to buy different cryptocurrencies, so you can avoid all the loss of funds, and if you are lucky you can make good money.
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You guys need to stop using Youtube, Lets start using the https://cos.tv/About the project: https://www.contentos.io/Why? They give free crypto, its on the blockchain, working hard team! They are ranked the 11473 on Alexa rank! Fair system on approving the videos not centralized like youtube! They pay u to watch video, to like and subscribe just amazing.... Come and check for your self, I have post already a video: https://cos.tv/videos/play/1582060951593350498We are giving 1 1MT if you subscribe to our channel and make a comment, go get paid join here: https://discord.gg/RTTcmxzAnd why you should definitely quit using Youtube? Perhaps better if you use Youtube and Cos.tv? Personally, I believe that the new video platform does not yet have enough traffic to take and abandon the famous Youtube video service like this. Moreover, you still need to see whether the new video platform will be successful, and only then draw conclusions.
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I don't know why crypto experts/analysts always play safe by saying at the end of the year that coin price will go in that place/price! So, people wait 12 months to see it if they are right or wrong?! At the end of 2017, that was a miracle and after that so-called analyzer keeps predicting a high price by setting the timeline at the end of the year! We saw what happened in 2018 and 2019! It's better to learn the price chart and see other things to make your own prediction and strategy. Don't fall in words guys that Reddit co-owner, or Twitter owner or any other big names predict a high price, always do your own research in every sector in crypto. Good Luck.
You're right! You always need to build your plans and conduct your analytics. To trust everything they say means to entrust your money and luck to others. Those who say that by the end of the year we will see one or another cryptocurrency price initially deceive us, since they themselves do not know what and how it will be. So be careful and always rely only on yourself.
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I am very frustrated by seeing some bounty project and their rewards! Recently Hydax, Earnbets, Hitmex bounty launched, I saw many people ate doing their signature even some high ranked people too. But their rewards are like 2-3K USD for all category bounties for 4-8-12 weeks bounty! Do you guys read those project's whitepaper especially the Hitmex whitepaper? Please spend some time to research before supporting a campaign. You guys are the reason for low rewards campaigns. If you ignore those, low rewards campaign are coming continuously in this year. Please try to understand the fact and do only good project's bounty that has good allocation/respect for hunters!
To some extent you are right, but you are missing one important point. Now there is no garnath that a project with good pay will be successful. To be honest, there is generally no trust in all projects. Recent practice has shown that projects themselves often do not fulfill the conditions, change them, delay payments, reduce the price of their cryptocurrency themselves and much more. Based on this, narrow frames are created for the participants of the bounty, which just push us to do any work for any payment. I must admit that the market for bounty companies is not the same, and further it will only go down. And this is not due to the fact that the participants themselves somehow influenced it, it is the project administrators themselves who do not want to pay.
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#PROOF OF REGISTRATION Bitcointalk Username: ven7net Telegram Username: @venbusiness Participated Campaigns: Twitter Twitter Profile Link: https://twitter.com/VEN7NET
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Yes, I know that there are many coins , and everyone has a favourite. But with the Ethereum 2.0 upgrade close, the move to Proof of Stake and the performance improvements promised , is now the time to get seriously into Ethereum ? I discuss this in the following video , as well as the opportunity it provides : https://youtu.be/O8gTpGu9D_cBy the way , if you forward to 13:15 I also share my equation for getting Bitcoin at a lower price I believe that even now Ethereum is one of the best cryptocurrencies worth investing in. I remember how every year the community was frightened by the collapse of ETH and its departure from the Lidra second place, but as practice shows, ETH not only could resist, but even added to the price and I think this is only the beginning. Personally, I keep my ETH and accumulate it whenever possible.
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Hi,
I didn't get any valuable tokens for several months in bounties (even the promised tokens without any value) .
Are you still earning money with them or just a few bucks (which is not worth to bother)?
In 2017 and 2018, it was so profitable. Now, what is the situation?
Should I start again?
At the moment I continue to participate in bounty programs, although I admit honestly, there are very few normal bounties. However, I still hope that during this and next year there will still be an opportunity to work in bounty programs. As for earnings, there is earnings, although it is far from the same as it was in 2017 - 2018. Of the last tokens I received were E01 bounty tokens Eleven01. Now tokens are traded on the exchange and can be sold.
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The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project. There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.
your thoughts
I believe that bad information about altcoins is created and disseminated by competitors or people who pursue their personal goals. Of course, out of the total number of existing altcoins, there are workers and smiles, but there are also those who have not yet managed to realize their full potential. Moreover, the more new altcoins appear, the more competition there will be and the faster we will see really worthwhile projects and the ones needed for the whole community.
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Im sure we are all aware what fomo means.
Bitcoin has indeed ran a good race to over 10 000$ and it has pushed up the prices of altcoins simultaneously
Do a proper root research before getting into altcoins, resist all temptation to fomo.
Because when btc moons, the dead alts can rise momentarily only
NB, FOMO is not a good feeling during the bulls
Of course you are right, FOMO often confuses players in the cryptocurrency market, but now a lot has changed and everything needs to be trusted carefully. Of course, the desire to make money quickly is difficult to overcome and the new achievements of many cryptocurrencies pull us to commit dangerous and risky transactions. Now it is very important to make informed decisions and develop a clear plan of action for yourself.
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