Airdrops are marketing or advertising strategies whereby projects and bounty managers use as a medium to reach the mass out there. Yea though airdrops are not paying much off late, people are still participating in it day in and day out. I suggest participating in airdrop is very good but I will only participate in airdrops or projects with products and not just any airdrop with no product out there.
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There are mostly more than enough ways to realize that. Such type of projects mostly fail to give updated version of how the project is going. Handling their social media handles become a headache because there is poor control, poor information to get members noted and also you can sometimes recognize that their leaders all have their profiles as new members on the various platform.
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Airdrop is an advertising strategy for project managers and bounty managers. It markets a project to the general public freely and easily. Projects that do conduct airdrops get the chance to spread their project information even to investors who then take upon themselves to research on the project before investing. Apart from the advertising aspect, it also grants airdrop participants the chance to trade their token which mostly increases the volume of the token.
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That's a true saying, bounties alone can not be relied upon my friend, you will starve and die early. Get yourself a paid job and then you can add the bounties to it. A bounty can run like say two months and it will take more than a month to receive tokens and an extra two months to get listed. What are you going to depend upon all these while? You've got to get a job and add participating in bounties and surely one day, you will get where you have always wanted.
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Most ICOs fail because the fail to recognize the current market problems, they fail due to lack of creativity and also due to the ICO projects failing to meet what investors and traders needs. Most ICOs are so hyped by ICO websites to a big extent but in reality, they are not what these websites claim they are. ICO projects should study the market trend and come out with something unique in other to succeed.
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Yes I'm still holding, why sell cheap whiles I can hold for few months and gain much profit. The market is the those with a heart of patience and not greedy. Selling for a penny whiles you can hold and sell huge is by determination. I'm still holding and proud of holding because of the experience I have.
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People have come out with different version of their definition as to when to invest and when not to. Going according what people present, predict or say will definitely lead you to either win or loss which will always be the results awaiting. I personally believe in the fact that the right time for investment is when thoroughly you have been able to study and researched deep into any project or coin you wish to invest in before taking the risk. Without thorough research I think there is no right time for investment.
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True talk is, despite the fact that most ICOs end up unsuccessful does not mean all ICOs will fail or the fact that most ICOs ends as scam does not mean all ICOs are scam. A project not doing well in it few years in the market does not mean the project is a scam or dead. Just as you need to crawl before walking and walk before running in infants, same way we have to give some projects time to go through that process. Bitcoin started from somewhere before getting to where it is now. Don't be too quick to judge a project with its current state.
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Most ICOs fail because it lacks the creativity to meet the current market situations. Developers are not learning and following the market status and hence depriving them the necessary information they need to come out with proper ICOs. Also most ICOs fail because they get too hyped by ICO rating websites meanwhile they are not what they say they are.
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The thought on regulations is very awesome but few seem to understand this concept. Crypto has still not gotten to where it is supposed to have been because of lack of regulations. For Crypto to reach the mass adoption that we all are interested in, then there should be regulations which will gurantee any investor the hope and courage to invest in various projects since they will definitely know their assets are safe.
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The market is for those that are ready and courageous. It awaits the bold and confident in heart to make right decisions towards investment. Investing is when your total sum of research and hard work results in proper investment. The right time to invest is when you have successfully researched deep into the project, deep into the team behind the project and how active their social media handles are effective.
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The crypto industry or market is for the courageous, patience and tolerance people who are willing to make bold decisions and never regret them. Without courage, just a fall in price can make you sell your altcoins for penny while you could have hodl for something better. Without courage, decision making becomes an issue and if care is not taking, you will get rekt and blame others for your own mistakes. Courage is key in the crypto market.
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You've really got me motivated, there is no essence in giving up. Why give up whiles the future is very bright? Why give up because you lost a penny? Why give up because you don't see any proper returns yet? Give it another try, who knows that point is your breakthrough? Never give up in crypto because crypto can surprise you one day.
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