New upcoming projects are targeting 2020 either for good market season or because of the upcoming bitcoin halving, they want to avoid loses that is plaguing crypto space at all cost, even good projects of this year had hard time gathering needed fund and the lucky ones managed to reach softcap, what do you think about year 2020? will it be a very good year for IEO and bounty hunters?
Of course, I cant know 100%, but I believe that 2020 should be better than 2019 for the participants of IEO and the entire crypto community. I proceed from the news, in which many important events in the crypto sphere for 2020 have been announced. Most likely, these events will initiate the growth of the entire market. In any case, I really hope so.
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I like to share my story being a crypto enthusiast, a trader and an investor at the same time.
I started in this forum in year 2015 when altcoins are still a good investment and Binance is still not the most popular exchange in the market. I trade with Poloniex most of the time, sometimes I trade with Bittrex but then I realize that I am not so profitable with trading since I cannot focus on it due to the reason that i have a day job to prioritize.
Therefore, I started to invest for long term and I was entice by how the market moves and I was so optimistic that long term could really change my life. So to make the story short, I invested with different altcoins and have help it until now.
Now, when the bull run comes, I still couldn't sell right away as I was getting greedy thinking I could earn more when I still hold. of course, who would not HODL when all your friends in the group chat are also doing the same, even if the price rise high already, they are still saying HODL, and I really do it, and just sell a small portion of my investment to reward myself temporarily was I was into a big goal with my remaining investment.
And then, the correction comes started in year 2018, and I still didn't panic, continue to hold and even accumulate a bit when I see price has really dump a lot, just imagine ETH drop 10 times, so its really cheap and really tempting for any investors. So here I am now, I am still holding at a big loss but at the same time I am still hopeful one day my dreams will come into reality.
So top 10 of my portfolio consist of the following based on my blockfolio.
1) Atlant 2) Edgeless 3) Centra 4) Humaniq 5) Matchpool 6) Lunyr 7) KIN 8.) FUEL 9) SONM 10)NPXS
Please tell me if I should still expect I will be profitable or just give up now already.
In my practice, there was a case when I received a crypto asset, which already cost quite well, but they knew to me that there would be even more growth and more money could be earned, as a result, the price of a crypto asset fell below the print, and I left with a nose. It seems to me that if you see a profit, then it is better to take profit now than to stay in the red.
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First there is an announcement, then there is 3 year Roadmap, extended each year with meaningless additions, fake recruiting of employees, trade interrupts, software announcements, wallet updates, changes quizes, games, givaways, airdrops, forks, ICOs etc, etc, etc.
I've seen several coins with great tech which is perfectly quick and secure, anonymous (or not) and safe. They all have mobile wallets and wallets for every OS. Despite this fact they cannot be adopted. Nobody wants to use them, there is no real need for them. A team of good programmers could develop a blockchain which can replace banks and paper money in a month. Another month for testing and another month for setting up nodes across the globe. The main point behind all this is: who controlls these programmers?
Voilla. it is that easy.That is why I think all these announcements and Roadmaps are bullshit.
Hmm, maybe you are right in something, but I dont think the whole creep industry is scam. Also, I do not think that the completed program in one month can be taken for use by banks or other structures. As far as I know, all that we see right now is startups, which are watched by large players and when a promising development is revealed, they just buy it for themselves. Now there is no need to spend a lot of money and time on the development of a particular platform. Ordinary people create all this, and you and I raise all this to the surface. Already from the surface, large players find the best and take it for themselves.
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The altcoin industry have lost some big percentage of patronizers due to the poor performance of the market in the recent months, this have cause so many enthusiasts to lose interest in altcoins in general thinking the cryptocurrency industry can do with them. There's no denied the industry can do without most of the present altcoins but cryptocurrency can't can't survive without altcoins been present in general. No disrespect to Bitcoin as it started the journey but the industry have grown beyond bitcoin.
The achievement and development ethereum as a blockchain has contributed for the industry, if the industry had just bitcoin it wouldn't had recorded such developments. We can't do without altcoins, they have become a part of the industry. The sooner we realized that the better the industry become. Don't misunderstand this post, I'm not advising against investing in bitcoin or encouraging investing in the present altcoins although, all I'm trying to say is, if you think the altcoin industry is going into exile, think again.
The altcoin industry is only going through a phase which won't kill it and as what doesn't kill you only make you stronger, the altcoin market will come out stronger as the good will be separated from the bad projects although bitcoin will always be a household name. Invests wisely and don't forget the best of the best altcoins are yet to be developed, the current ones I consider them to be just test dummies, preparing the way for future altcoins.
What's your take on this, do you think the industry can survive without altcoins that's just bitcoin been the only currency in the space.
I believe that Bitcoin alone will not be able to survive in the crypto market. Altcoins fuel BTC's life and develop blockchain technology. Based on this, we can conclude that altcoins are of great importance for the crypto market as a whole, which means they cannot take and disappear like that. I believe that the crypto market is developing in stages, which means that you need to wait for the next stage of growth and you will see the growth of altcoins.
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don't rely on gift tokens because that will only bore you and not to mention you have to wait for them to be listed on the exchange or at least until they have a sale price to make up for your hard work. I suggest balancing your time with other things you can do in this market and I think there are many ways to make a profit besides a prize campaign. I say this because I also feel bored with them and what I produce from gift tokens does not produce sweet fruit. at this time I balance with trading, how about you?
You're right! Gift tokens are not a ponza for basic earnings now, now it is more suitable as a means of accumulation. Personally, I also decided to have several sources of income to compensate for the time spent. Now I try to buy more or less promising tokens, and also study trading a little. I know for sure that you always need to have several sources of income, this will help you always be with money.
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I read people's post on this forum saying even if regulations find its way to crypto space scams will never seize to exist and they keep comparing it to real life criminals even when we have COPS ,POLICE FBI, COURTS crime rate is still increasing, well this is my answer to all of you, in crypto space we don't have COPs or Police to hunt down scammers, accepted, but what do you think will happen if there is no cops, police, courts in real life? criminal activities will grow alot with no boundaries, it will be the same thing with crypto space, if there are laws that can jail scammers at least they will start hiding and there will be FEAR, unlike when there is nothing to fear off scammers now, scammers have too much freedom compare to real life criminals where there is something to tackle them.
I believe that we ourselves should try to identify fraudsters and tell the community about them. Moreover, there are already tools to decorate scammers. For example this forum. Here you can mark a person who conducts fraudulent activities and can warn other participants in this way. Yes, of course, this does not mean that this fraudster will be sent into custody or fined, but still this is better than doing nothing.
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Considering that most people nowadays often find it hard to store and protect their cryptocurrencies, it's best to delegate the responsibility to a middleman. A bank of crypto would fit the bill nicely, as people would be able to secure their cryptocurrencies without ever having to follow the necessary precautions to prevent hacks or theft. As long as the bank of crypto is highly regulated by the government, then it'll be here to stay for a long time. Still though, not everyone will agree to this as it greatly defeats the whole purpose of crypto and Blockchain technology. The idea of a bank providing crypto services would only prove to be viable for newcomers into cryptocurrency. People who're experienced in crypto, wouldn't need this in the first place. Nonetheless, do you think that a Bank of Crypto will happen anytime soon? If so, why? I believe that the emergence of a bank for cryptocurrencies is more likely, since the governments of all countries do not like this whole idea with anonymity. And since the crypto community wants cryptocurrencies to be recognized in the world, then they will have to play by the rules of the powerful. On the other hand, the heads of state understand that there can be cryptocurrencies and they themselves can strive to create crypto banks in order to maintain control.
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Can there be any alternative means of earning cryptocurrencies apart from bounty camapaigns, mining and staking. kindly share with us under this tread please. personally, i think th days of bounties are OVER due to scam projects that failed their ICOS. some even migrated into IEO and failed again. we have lost most bounty companies here all due to the poor performance and scandalous nature of some projects that has no future amazik ,bountyplatform, bountyhivo, all sidelined. could their be an alternative to cryptocurrency marketing and if there is, can some shade more light here.
For example, you can start trading cryptocurrency or earn cryptocurrency on different platforms to perform certain actions. You can also just buy cryptocurrency and wait for its growth. However, if you are considering only options for making money without investments, then a bounty program, albeit a lot of fraudulent projects, will still be the best choice. For example, from the most recent bounties, the bounty of the TEE-coin platform was successful. As a result, I was able to sell tokens today and get 113 USD. Of course, this is not thousands of USD, but still it is better than collecting cryptocurrency of several satoshis on cranes and aridrops.
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Have any one try throwing these questions to people of nowadays? (who wants to learn?) the fact is many people don't want to learn, the moment you start trying to teach them one or two things you will see them walking away, lol but if you ask them if they want to earn money they will quickly give you their total attentions or even drag a nearby chair to sit and listen why are people like this? How will they EARN without LEARNING? this is still affecting many newbies coming into crypto space till date, how will them not get scammed? lol People do not want to learn because they are lazy. In my practice there were and are many acquaintances to whom I explained and showed everything 100 times, and they again 101 times ask them to help and tell what and how. As for deception, it is just such people who are being fought for all sorts of scammers, since there is no one's opinion and thinking. In this situation, either help them all the time, which is not an option, or they themselves must get to the condition and understand that they need all this, and not someone else. And its very old, that usually such people always think that someone should always help them.
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