A lot of research and background check up need to be carried out to ensure the ICO is worthy of investment as most of the ICO project nowadays turns out to be scam. While for others the coin value tends to drop faster than you can ever imagine. We all don't want to invest our hard earned money to a no profitable course.
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Ensure you keep your private key and never give it out to anybody for whatsoever reason. Most importantly avoid phishing site. Got hacked few months ago, inputted my private key and before I knew it all my ETH in my wallet was gone.
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Will cryptocurrencies continue their downfall or enter a trend reversal? What is your chart study and identified key indicator.
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Invest by buying coins with a great potential to increase in its value once the market rises. More of the coin would be available at a low price and when the market increase you can earn X3 or more than your initial investment depending on how high the value increases.
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Yeah, I totally agree with you. Patience is very important, while being patience you should also put in hard work. Good things take time to come alive. Stay FOCUS and consistent. The sky is your starting point.
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Yes, I am very positive about a bull run. Every one seem to keep their hopes high. The only issue is when it will be? .No one knows how soon or far the market will rise. I deeply hope a bull run happens soon
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Personally, I would not advise you invest all your savings in cryptocurrency. Firstly you are not supposed to invest more than you are willing to loose. Investing part of your savings is okay At least you would have some Money to fall back on if the market crash.
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Yes, Of course. I would recommend you use myetherwallet, I have been using the wallet for a long while and have never had any issue thereon. Just ensure you keep your private key safe to prevent you account from being hacked or stolen.
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Same here too. I sold my $150 worth AVG few hours before the pump happened. I feel really bad about it, that was a huge loss on my part. Only if I held it for longer. I have learnt from my mistakes tho. You win some, you loose some.
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Most ICO nowadays are scam. Most investors have lost huge amount to this so called fake ICO. A serious clean up need to be done to that sector as a lot of investors have lost hope in it.
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The blockchain technology is an innovation in the world technology. The risk associated with the crypto market is quite high because of the volatile nature and considering that the technology is still relatively new to the WORLD, we don't really know how it will fair in the future. The stock market on the other hand is not as volatile as the the crypto market and it has been around for quite a long time and is still gonna be, so it is not as risky as crypto.Though the ROI on stock is nothing compared to crypto In my opinion the decision between the two market depends on the risk level and the returns the investor wants. If you want to get higher ROI and then go for the crypto market but if you want an investment with lesser risk then the stock market is the best place for you.
What is your take on this as an investor?
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Personally, I would exchange the token immediately . The probability it will rise or fall is 50:50. To be on the right side, I would exchange it and invest in any other token of my choice
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Will Ripple XRP be the number one cryptocurrency before the end of the year?
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What are the four crypto currencies that I should buy and keep untouched for at least five years?
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Virtual not every ICO is a scam. Left to me, I feel a good percentage of them are. You therefore need to do a serious background check up of the project before you invest in it.
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By participating in bounties and airdrop. Although some of this so 5called project are scam .it is left to you to do proper research on the project you want to promote.
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Yeah, it is. Of course, it's a gradual process.
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Find new bounties on sites like icodrops.com , bounty list is available at your disposal of you look through
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In my personal decision, I would say you still hold. Selling it off right now will result in a great loss. Get business with something else till the market price goes up.
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