Really??? You think airdrops were profitable in 2017??? I can say that no matter if it's 2017 or 2018, airdrop is always the same and it's not profitable . Of course not all airdrops are trash but to find out a good airdrop that you can earn a lot is really difficult although in 2017 or 2018 . LOL. I can confirm that in 2017 there were profitable airdrops. That time there were community coins where they dropped 80%-95% of the tokens to the community. Only to mention some examples: Ebtc 2457 tokens with value of $0.77/token first week, later on it reached $2, 4000 Blue Protocol it reached $2, EXRN 10million - ( the airdrop value reached 4ETH ), Rebl etc. and many other successful examples.
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It is better to call it trading than gambling, as it means that you are not doing any research just put your money and waiting for the outcome. The market is in declining position for 9 months and should be around the bottom so shorting is not a best option at the moment as in 4Q the trend can change quickly into bullish.
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The market has already collapsed, it is like 75 % down comparing to January this year when the total market cap was over $800 billion. So, it should be somewhere near to it`s bottom. Not expecting further drop, but who knows. We have to be positive, but being prepared for the worse to come to be able to react.
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Airdrop campaigns are way less profitable as they were last year. Many of them do not distributing the tokens and when they do, the value of them is some cents. There are other, more rewarded ways of earning tokens like as doing bounties. But if you have spare time you can still do airdrops but, not expect too much out of it, maybe you get surprised one day...
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It is risky to invest in crypto overall, but especially investing on blind. You can minimize the risk by making your own research and select projects whit great product and development team.
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There can be many reasons of the coin price declining of successful ICOs . One of the reasons can be the market situation, the other one is that the team is not dedicated for development and not fulfilling the promises. The next reason could be that the team raised enough funds for having vacation on an exotic place and do not bother with the project any more.
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If we have some days green it does not mean automatically that the market has recovered. We have declining market whole year long with some recovery attempts in try.
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Investing in ICOs is risky especially this year, when they are not performing as last year in terms of profitability. Still, there are many good projects with decent ideas and they should be a profitable long term investment. Bearish market conditions also not favoring the ICOs.
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We are facing bearish market since January but the market is NOT all time low. In fact it is far away from it. A year ago the total market cap was half of it we have today , so it doubled vs last year. I know it is frustrating being in this declining market but looking it from a bigger perspective the market is still not in a bad position.
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When deciding which bounty to participate it depends on the rank you have and and on the allocation split as well. For example if a Jr member get 1 stake in signature campaign and the Legendary 20 this split favoring the higher ranks and most probably lot of them join. Contrary , if a Jr member get 1 stake and a legendary only 5 stakes than in that campaign most probably lot of lower ranks join. Depending on our ranks we can see which campaign is more beneficial for us to join.
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Everything is possible in Crypto but it depends on the supply as well. From $20 investment to $100k is an increase of x 5000. It is hard to believe from a coin of $1 billion total supply ( EOS, TRON ) to grow x 5000
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In fact ETH and XRP changed their positions several times during the day. I think it will happen more often in the future. I can imagine that XRP could take over the second place for a short. XRP is in a positive phase and ETH in negative, this is why itt happening. Long term ETH will be the clear leader, after it upgrades.
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The most of the new investors are entering the market on hypes and investing on an increasing market. After it, when the bearish cycle arrive many of them in panic and selling their coins with loss. Some of them just using stop loss and do not want to lose more. If they were investing into shitcoins it is not a bad strategy to get rid of them, even with loss, as there is no guarantee that they will ever recover.
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The possibility for arbitrage trading is there, but the execution part is more difficult as we have to take into consideration the small liquidity of the market at some coins, different transaction and withdrawal fees , transaction time. All this is more realistic to be calculated and realized fast by trading bots.
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The entry point for a trade is very important for the trader, and it is needed to analyze the market . It is same important to close the trade at the point you achieved your profit targets. This can be a common mistake if we do not have precise trading plan or not execute and close the trade for some reasons. ( patient and discipline )
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"Very soon " is undefined. The bearish market can last for several years as the history tells us. Of course we have to be positive oriented and be prepared for the best, but on the worse scenarios as well.
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Altoins suffered the most from the bearish market. Holders are facing huge deficit in their portfolios. Smart traders shorted their coins on time and now buying back on dip with profit.
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When we are promoting a project we try to learn about, following the news in telegram group etc. I like to get the rewards in tokens as I believe we can have higher profit that way. Of course in case it is a high potential project.
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I do not think that other coins can beat Bitcoin at the moment but market situation can change rapidly in crypto space. Many new coins with innovative technology entering the market and existing coins also make serious development. These innovations can really groundbreaking and change the way our world works at the present situation and can be a boost to blockchain technology.
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I have already invested in Ripple when it was on dip. This recent price increase was not expected for me as it came from nowhere but I take the profit and will reinvest if the price declines to previous levels.
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