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At times like this, it is really giving risks. The market becomes more complicated this year. After continuous pumps last year on the prices of the cryptos, this year, tables have been turned and continuous downtrend took place. Many people are now losing profit and are confused whether to cut their lose already or to still hold at times like this. This is a risk for everyone since there's no assurance of recovery.
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Its good to invest money in cryptos or to invest it in share market.Which one is good and which one is bad idea!!
All investment has risks involved and either of crypto investment and stock market would be a bad idea if the investment itself is not having huge potential. At this moment, the market is on continuous downtrend which is a sign that investing at this point won't be a good idea. But once recovery occured, things might also change and again, make cryptoinvestment profitable as it was before. |
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Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?
On some alts especially those that are dependent with Bitcoin, would negatively affected by the sudden downfall on the price of Bitcoin. The majority of the market cryptos are on downtrend because there are cryptos which are dependent with one another and is something like domino effect. But what we should look forward with is the probability of the market to recover. For now, be patient with the market behavior. |
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Do you think bounty hunters are a job in your spare time, additional income or is it the main job and the main income of people?
It can be considered as a part time job but should not be considered as full time or as such that you will only depend to it as source of profit. The market is not consistent and therefore, same thing will go with the profit. Consistency in profit is an important thing for one to make a living which a profession would bring and not cryptocurrency activities. Although it is profitable, still, consistency is lacking. |
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Bounty hunters help to expose ICOs to crypto related audience to attract investors for the project. No matter how promising the project may be, if the ICO fails, the project won't see the light of the day. Bounty hunters are very important in ICOs. But there is one thing am not happy about bounty hunters. They usually dump their coins at any price the moment it is listed on an exchage which usually drops the price of the coin even below the ICO price putting the investors at a disadvantage. I want to advise the hunters to hold their bounty tokens for a while in order to maintain a good price for the coin. We shouldn't forget we are all stakeholders
We can't blame those who do so because in the first place, they didnot invest in order to earn tokens from a project. since there's a tendency for the market value of that coin to fall, they'd more likely go for assured profit which is selling already before investors who hold. And such action makes the market value to fall even more especially if majority would do the same thing. |
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The current situation of bitcoin and all the crypto currencies were not good but it doesn't mean that this will be the end of the cryptos since we need to acknowledge that this is not the first time the crypto prices were falling this much so everyone needs to be patient and just get away from your panic this will help the prices to recover faster.Start believes that crypto currencies were going to be the future of this payment system and start HODLing that coins.
We just can't force the majority to not panic on such negative scenario in the market because it is their profit which is negavtily being affected by the situation. We can just remind them on not to do so. People should be awared that dumps are never permanent since volatility is in nature of cryptos. Once recovery occur, peofit will be earned and the time used in waiting and being patient would be surely worth spending. |
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In my view, regulation will be good for Crypto industry. As we can now see that many Govt are looking for ways to regulate the industry.
Regulation will be a good thing in the long run. It will build trust for the industry among the masses thereby resulting in mass adoption. With regulation, people will feel more comfortable and have a sense of security to invest in crypto.
I don't believe that regulation means we have to declare our portfolio. Just as nobody cares to know exactly how much you own in the bank.
Regulation will also help in curbing the possibility of using crypto to launder money and place a check and balance in ICO which will make it very difficult for scam ICOs to operate.
I say regulation will in the end be a good thing for crypto..
What's your view about it?
Depending on the regulations that would be applied in cryptos. Not all regulations ofcourse would be an advabtage for cryptos since mostly are decentralized meaning, not bwing controlled by any form of authority even the governments. But regulation would surely make things in crypto, systematized but I am not sure if it will solve volatility issues because it is in nature of cryptos. |
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Ofcourse it is!
Nowadays, I notice most of bounties have strick rules, making bounties more organize and I like that Bounty Manager requesting Proof of Authentication to limit scammer .
It's been one of major mistakes of bounty hunter like me not to read rules and requirements of each bounties ending up not getting stakes so it's very important to read and understand each rules to ensure that we're doing the right thing and not wasting our time and effort.
Strict roles would also promote equality among the participants such that no one would be treated more special than others. This would also make the service more quality which wouls ofcourse benefit the project that is been being advertised. If a rule won't be strict, it will be nonsense and the implementor should not expect that the majority would follow the rules given at hundred percent since there will be no risk of being removed in the project. |
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Allways remember, "In bull market everyone is an expert but Bear market is the best period to learn"
In addition, the 3rd day in bear market shouldn't be neglected!
Always hold this and don get carried away!
Indeed true, always look and wait for the perfect timing. This is applicable especially at times like this wherein the market is continuously falling. People should not be too carried away and choose to sell due to lack of hope that recovery will occur this year. We should wait for the increase to happen and further wait when that day come. Do not make such actions that will result to regret eventually. |
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The current situation has caused me to hold huge sum of money that I intended putting into btc and altcoins. I know once btc jump, altcoins does same.
So the question is can anyone predict the price of btc for the next month? To enable me invest...
I doubt that they would do so especially this year wherein the market became more complicated and unpredictable. Dumps are suddenly taking place as well as pumps but continuous downtrend still is dominant. Many people have thought that perhaps this month will be in green but still not. Although I do believe that recovery will someday happen, but predicting when will it exactly occur is just something. |
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Hello, I have been trading for some months now. I have had some losses but now I recovered and I have the same I started with. The hardest part for me is finding the right coins to buy. I have been around signals telegram groups and tried with some scanners, but havent had much success. What would you recommend?
All cryptos has its own potential to be a bigger one in the future but it would depend on the set standard of an investor on which one to invest and which one to be avoided. In my case I do consider checking the market volume. popularity and capital to determine which one is a good ine to invest. But we do all have difference when it comes on preference so it is normal to have differences on finding the right coin to buy. |
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I want to hear other people's opinion if you would trust celebrities endorsing cryptocurrencies.
We may somewhat believe on their promotions because still, popularity is power. Mayweather is one of the best example wherein he promoted a certain project and the outcome was surprising. Popularity is important for cryptos and if a celebrity would endorse a crypro, surely, it would be reflected to the popularity of that token as well as its market demand which would affevt itself for a long run. |
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Ofcourse, one would feel sadness and anger. But knowing that it is a in the fiestplace possible to happen, and is something to be accepted as something inevitable, For such reason, an investor or bounty participant would just accept and forget about the l9ss profit. Everything is virtual so we should already accept the fact that such things are happening for a reason.
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Bitcoin is currently trading at 6k but there has been a consistent prediction that before the year ends it will be up to 25,000. I want to know how many of you share in that optimism because at present, it's all bearish and nothing more.
not yet sure with this. Downfall movement in the market is still observable and dominating the market t this moment. The market value of Bitcoin is struggling at 7200 and gigen that there are only 4 months remaining before this year end, it is a bit hard to determine whether it would still be able to bounce back from the current situation to its high peak last year. But let's just wait and see how it woll end this year. |
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Hello guys I just received my first bounty rewards which is dacc tokens worth 10$ I'm happy today. Share your experience of first bounty rewards too.
Edit: I'm happy because I received my first reward not for that 10$. I know 10$ is littile amount still I'm happy because this is my first bounty reward.
It became hard to earn profit from bounties. Tokens are being distributed but the market value are just disappointing. Also, the majority of the bounty projects are either delaying the project itself or the listing on exchangers. The root of the problem is the market downtrend. The downfall movement highly affects the outcome of the crowdsale. Maybe, this is not the right time for bounties and icos. |
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This Is How Easy It Is to Buy ICO Ratings . Believe it or Not. the Whole ICO stuff looks scandalous this days. New investors can easily fall into this trap if they fail to make proper investigation before investing into new ICOs. Can you imagine that rating sites today do contact ICO owners and ask for a certain amount of fee for a high grade and rating on their site. If you double, please read this article. It is an Eye opener. what are your sugguestions as well. https://medium.com/alethena/this-is-how-easy-it-is-to-buy-ico-ratings-an-investigation-13d07e987394Actually we may consider the results on any ICO rating sites but the fact that it won't determine the real outcome of the project or it is just speculations made by the majority, we should not rely that much when choosing an ICO to invest or participate with. As an investor, you should make your own assumption because it would be your money to be invested so the decision would still be depending to the investor himself. |
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If I'm not mistaken, the market cap is what determines the market value of cryptos especially ICO tokens. Most of thr time, ICOs that has low market cap are having high market value because in such instance, demand will increase for that particular crypto. But I am not saying that this point is consistent because such thing doesn't exist in cryptos but rather, this is what usually happens.
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They seem biased to me. A friend of mine who's doing an ICO told me that they paid 10ETH for 5 quality ratings and that's that! I noticed that some ICOs with good project, team, and good social media presence are struggling with getting good reviews.
With all that said, should it still be a factor to look at when investing in ICO?
Not that much because in my opinion, ICO rating dites are just speculations of the majority and given that the market itself is way unpredictable, things that are exoected to hapoen has a possibility to not occur sue to changes in a sudden. But I do think that it is helpful especially when it comes on choosing good ICOs. But relying that much might be risky. Investors should consider his opinion more, on choosing the best one. |
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Actually it is not onlt altcoins but most cryptos are risky to invest only at this point that downtrend is really observable. Waiting at this moment and holding what you have is the best thing to do. Once something has change in the market, probably that would be the turing point of the situation and investing will again be advisable to many investors. Being patient should be put first at this moment
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As long as new projects and coins enter the cryptocurrency world, as well as this forum exists, Bounty programs will run. These new projects and old projects which wish to refine their strategies need the help of bounty hunters to spread the awareness across all over the globe.
I'm not sure but maybe, as long as there are new ICOs being released every week, there'll be bounties for us participants. Bounty programs are huge part of every project because it promotes the project itself to cryptopeople through different mediums. Popularity is aimed in bounties which is an important aspect for a oroject to determine is success throughout its campaign period. |
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