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there is no safe place besides investing in BTC or other altcoin such as ETH, EOS & BNB. because they are all promising investments in the future, besides that I personally don't like high risk so I prefer to take part in the top crypto and wait for market conditions to fully recover.
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This is not the end of Crypto, in fact the price of ETH and BTC is now recovering even though the price is significant at a fixed price, but it is different when in the middle of this month the prices of ETH, BTC and several other cryptos have experienced a drastic price decline. at the same time, of course, I personally do not waste to add new investment when prices fall.
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for me personally still relies on the bounty program, especially participating in the ico project. well generally we all already know how the current market situation or about problems with the ico project is fraudulent, failed, delayed and does not pay for its participants plus the Corona virus is currently haunting the people all over the world.
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in general, new investors or old investors certainly want to get benefits in terms of investment. but in different ways, like old investors already understanding crypto so they can determine the right time to sell, while some new investors always assume that crypto can make money quickly and also easily panic when their investment goes down.
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to be honest I am not a lover of gamers, but if the gamers you mean are related to blokchain then I will only add games like Agareum - https://play.agareum.com/. I have been interested in playing games since then, and I also heard about zed run if I'm not mistaken it came from a project in 2018. |
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obviously it's not real, such promotions are just tricks to attract the attention of crypto users or investors. especially when the world is currently in an emergency situation about the corona outbreak. of course, scamers always have a way to fool their victims even by taking advantage of the current situation. With the advent of Corona Virus, it has now become a powerful weapon for scamers for fraudulent capital.
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well, maybe you're right that most of the ico projects or 99% are fraudulent projects. but I think there are still good projects to follow like the Insurance project they have a valid team and a good product. if you are interested, you can reconsider and take part in it.
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there will be no solution to solving the problem of project fraud, because the fraud project will continue in the following days and even if there are good projects but not as much as we want. I mean in the allocation of prizes or about tokens that have no sale value in the market. but I observe that there are still many prize hunters who are active or participate in bounty projects.
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You are not mistaken, I also agree with you that 2018-2019 and 2020 are really bad years for the cryptoqurrency industry, especially with the emergence of VirusCorona, which has also affected all world activities and the stock market etc. but I am sure that the cryptoqurrency market situation will not always be like this.
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Am I the only one who will say that AIRDROPS is a waste of time? I have noticed that from 2018-2019 even today there is no such thing as profitable airdrops. for me airdrops tokens are not proportional to the results and just a waste of time.
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of course, to hold a good altcoin for a long time is also at risk, well the name of investment also has its own risks. but no, if you're smarter, detailed about the project, always monitor team development, the price of tokens & their projects. at least you must know how to survive and take advantage in long-term investments.
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if you are a new investor and want to invest your money in crypto then I suggest you choose and invest your money in the form of ETH, BAT, and BNB. that's my choice this year, I think everyone is also familiar with some of the altcoins that I have mentioned.
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Good projects require experienced developers and of course have a good reputation in managing previous projects. good projects must also have tangible products, demand for tokens in the market is always increasing and the team is always active in updating their projects.
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for me personally it was a strange project and didn't make sense either. I found nothing about the clarity of their project work maps, the background of the project team & developers etc., for me personally, it is very clear that such a project is a fraud project especially looking at the current serious problem that is booming about CoronaVirus, and they have used the name it's as a new trick to lure its victims.
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if you draw conclusions about what is happening in this world, the answer is Corona Virus. many people think that the emergence of this virus has disturbed and affected the value of any stock or industry in the country or abroad. we can see that the presence of this virus has also affected the value of the shares of the cryptoqurrency industry.
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I don't know much about high rewards or successful projects that occurred in 2018.and speaking of the fact that for now it seems impossible about the high rewards you said above. that many current projects are bad and do not generate profits for investors or prize hunters.
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according to my observation, that the price of ETH and several other altcoins follows the bitcoin price movements. although not completely but Bitcoin is still a benchmark for the increase in the price of ETH and several other cryptoqurrency. You can see that the current price of ETH starts to rise following the price of bitcoin, maybe in the middle of the year if BTC can touch $ 8k - $ 9k then it is very likely that ETH and other top altcoins can increase significantly again.
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we all have bad days, such as a weak market situation, new coins or old coins have lost a lot of value, and the emergence of VirusCorona which may have affected the crypto industry. on the one hand I personally am not desperate to continue to hold the top coins, because I believe that one day the market situation will improve and the price of bitcoin and other top altcoin can raise prices again.
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what you say is also true, about investing in coins at cheap prices or buying at the bottom. but sometimes it can happen otherwise, it's important for anyone before investing coins at low prices make sure that they have a real product and remember that you also have to always monitor the coins that you have invested.
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