Latest posts of: Isiaka208

Scam coins or shitcoins usually have the best and most interesting whitepaper. Sometimes hype makes it harder to look inwards in terms of deep research because it somehow becloud your sense of judgement. The Team is a major factor when considering a good ICO.

This bearish year will definitely separate the chaff from the grain. Many projects do not meet the basic fundamentals of a cryptocurrency and even if some do eventually, it needs more than the basics to stay afloat amidst FUDS and other negative factors against the general market.

Giving up is one major hindrance to success. To give up now is like digging to the last end with a few metres away and later taking a Uturn. I have read somewhere that someone having tried so maany bounties and got paid in 6 ethereums at the very point of giving up,so please do not give up!

The volatility you hear most of this space is all embedded in day trading. Trading is for the strong hearten individuals, if you dont have what it takes to keep up with trading especially when you make moves without any skill be it fundamental analysis,technical analysis and especially sentimental analysis. Another thing is the manipulation that takes place with pump and dump groups, you might not actually be aware of a pump and dump if you are not knowledgeable enough in this space.

Dont panic, you are not cursed and neither are you the only one in this situation. All you need do is be in the spotlight as event unfolds, dont joke with the news whether positive or negative and that is called fundamental analysis. Take a cue from Refereum that dumped so hard after ico and went as much as below the ico price but the day it was aannounced to be listed bittrex was when the volume and price bounced back.

First of how much money do you have? Secondly, how vast is your technical know how? These two factors largely determine which is really favorable to you. Trading involves a large capital before diving in, and to be very profitable in ICO on the other hand involves plenty of technical and fundamental analysis. Lastly, you have to define your goals before venturing into the whole thing, for the goals are your guide to a profitable path. Goodluck

It really depends on your strategies put in place before investing initially, I mean obviously, most people do not come in with strategies and they end up loosing their initial investments if they are not lucky. Although as time goes on, people with get to know the space better anad will in turn put up a strategy to succeed in this space. Another thing is your coins, are they profitable enough for you to sell? if yes, go ahead and sell if you have made 50x gains that is if it is in line with your plans.

I quite agree with you reason being that most of the cryptocurrencies lack basic fundamentals of being in the space. Value for sure will be there in terms of tokenmetrics and what have you but what about proof of use in real life? Most definitely, 95% of them will sink down the drain bit by bits and only the ones with proof of use in real life will keep sailiing.

Overtly impossible except you want to take the risk of leverage trading which is much more like gambling cos one could hardly tell where the market is going even with full know how of Technical Analysis.

All boils down to regulations, this space is still young and highly volatile on the other hand. For the crypto space to be firm against scam coins, there has to be really strong regulations against just any ICO, the requirements should make it work at the end of the day.

Apparently, you cannot hold forever, at some point you will be needing funds to do other things in life. Someone else has to buy from your last point of sell and it is also evident that the person will sell at some point in time. Taking profit is part of the space, like it or not 90% of people are in it for the profit.

It is definitely possible to see a huge growth in the crypto space again. Pointing to many milestones achieved this second quarter of 2018, i foresee another bubble in the coming days. The only problem we have currently is the influx of many ICOs, with just anyone able to come up with a coin, it is a worrisome trend.

A friend of mine once said in january when things had started to dive in the red sea that many shit coins are never going to recover if things bounce back and here we are many of them have gone into oblivion. I almost lost completely on some shit coin but i was wise enough to get a little.

This ecosystem is still new and it is quite early to point out which is which although some coins have already carved out a niche for themselves. However, competition is still high, scaaleability an transaction speed is what most of them are chasing in this early days.

Mass adoption is highly needed for this space to grow. One major thing to avoid is pumping coins without value to the moon and later dumping them. Good coins should be of value but should relatively be stable in price to keep the equation balanced.

Theres never a late time to come to the party in the crypto space. Many people will not hold forever, people will definitely sell at some point no matter what! Taking of profits to fiat is one thing you cant separate from cyrpto traders and invetsors. Theres always time to pick up some coins.

Cryptocurrency is not a bubble. The only bubble found in the space is too much icos leading and showing signs of too many scams. Always look at the cryptocurrency from the angle of technology. The space has really been resilient and it goes to show how firm it is and has a great future ahead.