Good Day guys, just searching for an alternative way to invest my money to, so the question is, is buying new listed token(token that just ended ICO) to an exchange profitable? do many of you do that? would you recommend doing that? or should I buy on their ICOs?
For last six months, it's been seen that the price of a token comes below the ICO price after being listed to market. And when you buy from the exchange, you don't have to hold it for long. At current period of depression, every legit coin listed for over a week can be profitable in long run. does not rule out the possibility of newly present coins to generate substantial profits. see the development of the emergence of many new coins this gives rise to increasingly fierce competition. so with the coins to be registered it seeks to increase the enthusiast by increasing the existing profits. Quality coin that tend to sold out even before you have the chance to buy it will generate substantial profits and it's been proven so many times I always look into this kind of coin and it always ended up so promising. But as nature law majority of ICO will failed and minority will survive or even success I think buying listed coin is not wrong also.
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All Altcoins dump again.What is the reason?What happen crypto market in this time?What we need to do for this?Any suggestions...
We are still in the bear season, definitely we can't see uptrend motion, But isn't be like these forever, corrections might be over soon and that time we all see market prices started to grow and turn into green again. We shall not bring these as a big deal, that is how crypto market works and we just accept it. It's like in 2014 when bitcoin dumped or having bearish market for a long time, so many media saying that it's such a disaster, bitcoin will be dead and many more but here see now, even if the market is still bearish we are still above the ATH of bitcoin in 2014, people are just afraid too much of this bearish market, it will eventually end and the market will eventually become bullish, just chill guys, the world is not going to be doomed.
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I think that teens are already involved in Crypto technology and many of them already having knowledge about it. As we could see from the article the teenager who hacked the ledger having only 15 years. I would not be surprised if some new tech. innovations come from a teenager in near future.
Actually, they have freedom and they can participate if they want it. Isn't the KYC we afraid off that limits the age allow for crypto but the understanding of all members around. Yes, teens can't hardly to be teach and yet, they are fast learners in come to online cause they are mostly engage already. Only we worried if they don't have time for their studies instead and take full time in here which is not good for them. If by teaching them about cryptocurrency could affect their study and make them have a bad grades then I won't, put the education above all, teens still need to have education and not thinking about making money, when they turned 18 you can tell them how to make money from cryptocurrency but 15 years old? they will still want to play football lol.
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Am completely against KYC on airdrop, it is not worth it at all. KYC should only be for those participating in pre-sale or those participating in ICO.
I think that KYC required for ICO participation need to have trusted platform too not just giving away data to some random guys and we are talking about the data that is really private and can be used for illegal or criminality. We really need more regulation about KYC .
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That‘s a good development but I don‘t undertand why they have to use that Zeex app, why not accept 2-3 common used crypto currencies tobmake it easy...?
Maybe they just happen to have business relationship? although it's now well-known but if its work then it will be okay. People just want to get their cofee in exchange of bitcoin and not want to get through complicated payment gateway, that's maybe where the reason lies.
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In my country the goverment is againt crypto and they have made some ridicouus law where you need to pay insane taxes not only for your gains but also for your volume. A lot of people protested against it.
Well that's one example of a greedy government, always taxes everything overwhelmingly, if they just consider crypto taxes just like any other taxes for ordinary job then it will be fine but they took that much of money, if you are living in a 1st world country or developed ones then it's okay, but 3rd world country with low infrastructure, that what makes me vomit.
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No matter how many times this is said or posted on this forum most of the people are still not going to follow this advice. They are just too lazy to download the official wallets of the respective coins and withdraw to it. Also the wallets taking time to sync and the exchanges charging heavy withdrawal fees are reasons why many people avoid withdrawing their coins into their own wallets.
I've encounter so many people that thinks saving up their coin in the exchange site as the most convenient way, they said that you can trade it an instant. But when something bad happened like what happened to Mt.Gox people will start screaming and want their right to the asset back. Just for the sake of security they gladly giving away the security they have, kinda really absurd.
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I think it's not worth waiting for a big rise in the near future, maybe it will be up to 9k and this will be good, well, so far everything is very unstable
cryptocurrency is always unstable from the start or the very beginning and so many people have said so. If you have a good amount of holding in your wallet, waiting for a big rise is really worth it, but otherwise if theres just small amount of hodling you got there maybe it will be worthless. But try to calculate the overall asset of yours and then you can decide, it's kinda conditionally.
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Yes, you are right. The long-time holding may be very good for investment if you really know the right coin that you have. This is the problem. If you don't have any goo strategy to choose the promising coins in the future, it will be so risky. However, if you really know them, it will be very profitable. Holding will give you the big profits then.
Even if you know really well how to choose a coin or doing an analyzation you will still be likely to have some risk too. There's no uncertainty in this world and investment is concluded. You see so many project despite having a well known developer ended up a failure miserably so it's better to keep aware.
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If the hacker dumped the money they stole at the same time then yes, otherwise it will not affect anything as long as bithum recovered their loss or atleast taking the responsibility. The market capitalization of the whole cryptocurrency is too big for $30 million and it will not affect that much
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Sharing some comparison between Kucoin exchange and Binance exchange.
Binance trading fee = 0.1% or less 50% when you use bnb for transaction fees = 0.05% trading fee >>>>> withdrawal fee for btc = 0.0005 btc
Kucoin trading fee = 0.1% >>>>> withdrawal fee for btc = 0.001 btc
For me I go with binance . Platform is easy to use even you are just a newbie and fee's are lower compare to kucoin . Kucoin is a good exchange but for me binance is better . Yeah, Kucoin is still relatively new compared to binance and it seems that so many people already use binance and they don't have the intention to move to another exchange if the coin they were trading is in binance, but both still worth to try, also the good thing is both of them always offer some kind of prize and many more.
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I agree with guys who have written that falling below ico price not mean that course won't rise. Why is course falling after ico? Maybe bounty hunters sell their coins, maybe investors haven't interest on coin, because it's peace of shit. Think about it.
How about the price fall below ico price heavily affected by the fact that bitcoin's price is falling so hard followed by ETH and many altcoins resulting mass falling and the altcoin is affected too? as I can see, when the price of bitcoin pumped, the price of altcoin will be pumped too. That does make sense.
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Litecoin is not so popular, may be ETH or Bitcoin Cash can be new Bitcoin. Litecoin is used by small group of crypto users, and it is not going up as ETH. So Litecoin is just small crypto. Litecoin purpose is to make a lite version of bitcoin and that's why it's named after word lite and coin. It's not that popular that's right but it's already one of old generation of coin and it's still valuable until now. Im pretty sure that people already know litecoin but not mentioning that much and thats why you guys think that litecoin is not popular.
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#Proof of authentication post
Joined as a signature participant
Btt username : marks1976 Telegram : @Marks
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ethereum crypto currencies have lost much value in the stock market and have reduced confidence in it. I think Waves is the coin of the highest potential right now.
I am sure that both ethereum and waves have a good future in the market but i think it is still better to invest more money in ethereum because the future price of ethereum can be really high so there is no doubt that we can be profitable with ethereum. I agree with you. Ethereum is probably the better looking project, but I will not turn Waves down. I have invested a little in it and think that it is good call. Waves can't be counted as a good one. It has so many probems with the platform and in fact that the waves platform has no demand at all. Mostly of the tokens are listed on waves created by so many scammers. Honestly if you are seeing about the fact there is a lot of better platform than it especially for NEO
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I have read the quarkchain project and want to buy the coin for long term, What to know if it is a good investment or not and possible suggestion.
QUarkchain is another copy can and it's not worth to be your longterm choice. Quarkchain has copied all of the things that has already delivered and used in the zilliqa platform. Quark chain is another overrated and useless coin. We don't need any copy cat coin. We need a new one with innovative idea.
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honestly speaking, is ICO Projects worth investing on, considering the high risk involved? look at Uchit https://uchit.info/ they collect over 16million dollars from investors worldwide and they are nowhere to be found now. this is not the first neither will it be the last. Looking at must ICOs project that crashes after they get listed on an exchange and some ending up to a scam. is ICO really worth investing on? I have invested in several icos and never had any problems with it. The result depends on your analyzation. I can say that i will not believe about uchit has raised around 16 million dollars because the scammer has been refusing to publish its smartcontract or crowdsale address. The total amount has been manipulated by scammer. It's not the real amount i guess. I was learning a lot from the past scam icos.
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So I read an article that EOS has finally launched their mainnet platform I was wondering if anyone had a link or tutorial on where to store the coins is it still ok to keep them in my trezor/mew for now or will I need to move them ASAP?
\ As far as i know that the EOS ERC20 token can't be used again. You can see that about the dev has already given a lot of intstruction on the telegram group and you should join on it. or try to visit the medium blog of EOS to get the latest update about that. It seems like the dev still keep all of the coin.
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Not surprising. The last crash in 2014 took 4 years to recover. So be prepared for long winter.
In 2013 cryptocurrency doesn't have a very strong fundamental compared with this time. It looks very different or even it doesn't make sense to see that. This time the rela problem is the manipoulators. So many people in group are discussing about that right now.
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Ethereum is heavily exaggerated as a coin due to the fact that hundreds of ICO projects are launched on its base, but now there are no less promising sites for ICO with its cryptocurrency and they can take a part of the capital from Ethereum on themselves and then it is quite possible, that Ethereum can cost about 400 dollars.What happens right now is just a correction like what happened to most of the alts now so just calm down and hold.
Hundreds if ico were launching in the ethereum network don't have a lot of valuation. Compared with EOS and it's nothing. EOS raised 4.5 billions through the crowdsale and that's worth nothing right now. The team always dump their ethereum and 400k ether still remaining in th EOS wallet owner. The real cancer is EOS team.
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