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Will you trust a project that the one that announced it in the announcement thread is a legendary member even though the legendary has announced that he is not part of the team and was just part of the service he offered.
Let me know your thoughts here.
I believe that trust should be earned, that is, the status itself is not particularly important, all the same, the information posted by the participants is important, especially if it is not related to the development team. Of course, you might think that the higher the status the better and more reliable the information, but I would still first study the information and only draw conclusions after that. |
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I just find out that some coins might start with very low volume and marketcap and end up growing big? true or false? i tracked back some old coins that start with trading volume around 6k and end up in millions, is this still possible today?
With cryptocurrency, everything is possible, but you need to find coins that really would be promising and could give the expected result. As for the search for such coins, knowledge and more information are needed here, it is even possible to study the coin, its developers and their plans. I also want to note that now such a result can be shown by completely unattractive coins, and even those that are already a year or more. |
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I believe that how to invest, in the short or long term, let everyone choose for himself. The fact that you managed to earn in the short term is certainly good, but it will require first of all viziniya and some knowledge. For those who do not have knowledge or understanding of the market, it is better in my opinion a long-term investment, the main thing is to choose the crypto asset correctly. In any case, you need to understand that any type of investment in cryptocurrencies is considered high-risk and you can lose it, just as you can get it, either.
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The situation around Facebook and its Libra platform is indeed very interesting. On the one hand, Facebook, due to its audience and influence in the world by the introduction of its cryptocurrency, can attract a huge number of new users for cryptocurrencies, thereby giving a big impetus to the development of the crypto industry as a whole. On the other hand, it caused a lot of criticism and fears, even from the crypto community. And here the question just fits very well, why is it so? It seems that most of them want cryptocurrencies to be recognized and used everywhere and the launch of Libra is just one more step towards this. But as we see it is not so simple. I think that its too early to say anything, its better to wait for Libra to launch, if it certainly will.
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Gone are the days when airdroppers and bounty hunters were making it big in the hunting. Nowadays, a lot of people claim to be working on a crypto project do so just to disguise to obtain funds with ill intentions from the public. Most of these project conduct neither ICO nor IEO. They only call on airdroppers to publicize their tokens in return for payment in the publicized token. They use the airdroppers to build their communities. The hunters refer one another with the hope of getting paid.
The will the get their shock of life when the project team demand for little tokens as gas fee for the reward to be sent. Most of them have big pool of participants who if they should pay, the team easily cart away several thousands of dollars worth of ETH.
I always considered participating in Airdrop wasted time. Almost 100% of all airdrops are hype. Deception is manifested, as in a very small amount of payment, by deceiving payment for a commission, and also often in a complete refusal to pay or to pay in part. Even those Airdrops who have fulfilled their conditions and paid, all have a terrible price for their token or coin. Unfortunately, what could have helped many participants get start-up capital just turns out to be ordinary fraud. |
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You know how this is going to end. You might be trying to lie to yourself, you might be secretly hoping that some token in your "portfolio" that you have 10 million of is going to moon to $50 and make you rich, but let's be real: that is not going to happen. Even the allegedly strong altcoins like LTC or ETH or whatever is cool these days (I've been out of this game for a while) are not doing well and BTC dominance is growing. Which makes sense if you think about it. BTC can do most of what any altcoin can do and the few really useful features that BTC is missing (private transactions for example) are implemented by multiple altcoins, fragmenting their market share.
And the elephant in the room: 99% of altcoins are total garbage. They're called shitcoins for a reason.
Sell your altcoins and tokens. Take the proceeds in BTC, stick it into a cold wallet, keep some online to play around with Lightning and other things that actually matter for real-life stuff, like being able to buy something. When was the last time you were able to use for example Ethereum for something tangible, not to buy some garbage tokens or to play a game?
Do it today. Your grandkids will thank you.
Of course you are right, and if you can sell everything and buy BTC, this is the best solution. But unfortunately, not everyone can do this. One reason is the price of BTC. Of course, it will be good if the price of BTC goes down again, this will be another chance to buy Bitcoin at the best price. But still, the price of 8000 USD for 1 BTC will not allow many to buy a tangible amount of the first cryptocurrency, which means that the motivation is insufficient. I think that in this case it might be better to buy ETH, since it is much cheaper. However, if it is possible to take BTC, then this is unambiguously necessary to use. |
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In the course of this year, ethereum has mostly not been promising due to the many disappointing times we have experienced. Sometimes, it even become very difficult to know when to hold or sell out some ethereum. All the same, many people who trust in altcoins have kept some great faith in ethereum and that is an amazing motivation that ethereum can really bounce back and be the strong force most hodlers wish for.
You're right, above all else, Etherium has not lost its importance for the community and continues to be a necessary, promising and sought-after cryptocurrency. Of course, the price of ETH does not look as good as the same bitcoin, but all this I'm sure will change soon. All the time, the market cannot fall or be in a flat, sooner or later the market will go up, which means that top-level lightcoins such as ETH will show their strength in the market. It is then that everyone who believes in ETH will receive their reward. |
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Some people have been bounty hunters for a long time (e.g, for the past 2 or3 years) and till now, they are still on the act of hunting for more altcoins.
It is true that the reward hunters now get is so small compared to what was obtainable 2 to 3 years ago and not only that, it now takes more time to be paid than it was. So, instead of complaining, why not through some of the experience you have got, since your sojourn in the crypto space, explore other means through which you can earn more and fill your portfolio.
N.B:
This might be like a vital information. There are lots of projects that did bounty campaigns (although not all), which have decided to extent the time of payment of tokens to their bounty participants. Whose tokens are growing tremendously after listing on exchange. Which means that traders and investors of projects like these get their profits before bounty hunters are paid.
DISCLAIMER:: Although, this is not an investment advice, but an observation, which i have decided to call your attention to.
I have been a member of the bounty for 3 years now and indeed now is not the best time to make money in this area, however, I continue my work and if I even have a negative from work, I keep it in myself and continue to do my job. You are right about experience. When you have already gained experience, it is foolish not to use it, of course you need to think more broadly and use the maximum opportunities for earning and replenishing your crypto portfolio. |
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Before investors are everywhere in crypto currency specially mid 2017 but everything change
Ico's started to boom in the internet, you can choose a lot
of ico that you like, but then started to change , there are ico that are scam, running with investors money in a snap, lending platforms also can be seen, the same happens they suddenly disappear
we have already have a very good market if there are no scammers
they change everything, now investors are so hesitant whenever there is a new coin that are good but they opted out because they think its a scam, I think we should find a way to lessen or better eliminate them for good.
The investor (professional) goes where they see profit and the opportunity to make money guaranteed. As for the ICO, many have lost money in these companies and are probably afraid to enter them. However, I am sure that investors come, but only to good projects, which are very few and which we may not even know about now. Compared to 2017, there is now stagnation in ICOs, moreover, the market has become larger and competition has become greater, and investors are still mostly afraid to invest in crypto projects. |
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Personally, this news doesnt bother me much and I dont worry about it. How many different news have already been in the direction of cryptocurrencies and various platforms, but they either did not come true or everything happened on the contrary. I would not particularly pay attention to such statements, because, as world practice shows, today they say one thing and tomorrow they do another. I do not exclude that this is just a specially created statement, which would put pressure on someone or confuse the community somewhere.
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