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I can't rely only on ICO rating sites to judge the project, I check these ranking websites, but I first do my own careful research about the project before making the decision of participating in its bounty campaigns (or even investing in the ICO/IEO). The ICO rating sites are only a helpful factor, after you make your own research.
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Yes, I think it is now the best time to buy the most promising altcoins, because the bull run is coming soon, and the market will recover again in the next weeks and months. But you have to select carefully the altcoins you re going to buy, since there are so many shitcoins, and many coins with low value.
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Bitcoin is my first choice, then some selected altcoins that have good potential. There are still many altcoins which can generate profit when the bull run comes, especially Ethereum, Litecoin, and Neo. But Bitcoin still the most profitable and the safest coin to invest, trade and hold.
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Hello! I'm a newbie trader, and I want to know if investing in crypto is a good idea. Now it became very easy, for example, you can buy crypto with a bot or your credit card using such services as changelly or shapeshift. However, does easy means good? Should I buy crypto now or it's too late?
It is not too late, you can always make some profit by investing in cryptocurrencies. But if you re going to trade, then you must learn the basics about this field before starting because it is very risky, especially for newbies. I suggest that you invest in the most profitable coins ( BTC, ETH..) and hold them for the long term. |
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I absolutely agree with you. Bounty hunters aren't the reason for price decreasing after the ICO sale, because the whole bounty budget is usually very small compared to the total supply. The real dumpers are the early investors who bought tokens with great discounts and got a great bonus, they dump early their tokens selling with cheapest rates.
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I think it is still time to invest in good and promising ICO and IEO projects. The bull run for Bitcoin and altcoins is coming soon, and there are still many promising projects which have experienced teams and useful products. You just have to make your own research before investing.
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Studying the project is the first factor to identify good and solid bounties. If the project is promising (have an experienced team, detailed whitepaper, working MVP, attractive concept..) then its bounty should be promising too. Otherwise, stay away from investing your money or timing on these projects.
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You shouldn't quit on joining bounty campaigns, because you will miss the chance to make good earnings from the promising projects. You just have to study carefully the project before participating in its bounty, since there are nowadays a lot of worthless and scam projects.
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In my view, Bitcoin and some other altcoins (especially ETH, EOS, NEO) are the most profitable coins right now. The bitcoin's dominance is high actually so I think its price is going to increase highly in the short term, but in long term the bull run is coming to altcoins too.
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Despite that bounty hunting is actually not as profitable as 2017, but I agree with you that it is still somehow profitable if you participate only in the most promising campaigns linked to good projects. Actually, it is not easy to find these projects but it is an essential condition to avoid wasting time and effort with worthless campaigns.
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Obviously, Bitcoin is actually the top potential coin and its dominance is right now the highest among cryptocurrencies. Of course, there are other good altcoins which have potential too, like Ethereum, Litecoin, and EOS, but BTC still the most promising coin and the most profitable one too.
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That is because the creation of ERC20 tokens is simple and easy for everyone having the minimum basic knowledge about Ethereum platform, and smart contracts. That is why there is plenty of people creating these tokens just for fun, some others created their tokens for serious goals but failed to reach success.
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The price of Ethereum is actually low and decreasing, unfortunately, but it is still considered as the most promising altcoin and it has very good potential. We have just to wait patiently until the coming bull run, it will take a few months or years but it is coming sooner or later.
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Both are profitable, but I prefer Bitcoin more than Ethereum, because BTC is more valuable and it has the highest price right now. However I keep holding ETH as well because I believe its price will increase in the long run, it is just a matter of time, and we have to wait patiently when dealing with cryptocurrencies in general.
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Personally, I prefer holding and trading rather than gambling, because the risk is always higher when you gamble, and it is depending only on luck, while trading is less risky and you can gain if you have already some knowledge and experience.
Holding some coins (like Bitcoin and Ethereum) is also profitable, since the prices of these coins are expected to go up soon.
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The bounty manager is not the most important factor to determine the legitimacy of the project, you need to study the project itself carefully regardless of its bounty manager. The quality of the project can show you if it is worth investing money and/or time, or not.
The whitepaper, the team, and the product are the most important things to be analyzed before investing.
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BNB is going on with time and it has a really increasing community, however, I don't think that it will overtake ETH at least in the nearest future. The Ethereum usability and popularity is right now a lot bigger than BNB and any other token.
Also, the usability of the Ethereum platform is a lot greater than Binance usability, in my view.
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I've participated in so many bounty campaigns and invested on some tokens coming from ICO, but I notice that so many of these projects are not or stopped updating their Bitcointalk announcement thread but they are so active in their telegram channel.
Do you think this is good for a project in general, let's admit it, Bitcointalk topics always shows up in search engine like Google while on telegram you have to scroll a lot or wait for an answer and they are missing up some potential investors who first look on Bitcointalk for project that they want to invest in..
It is a bad sign (and sometimes even a red flag) for the project. Bitcointalk is the most popular crypto forum around the world, and a serious project with a hard working team will be really interesting to update the project's followers in bitcointalk a lot more than telegram. |
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No, sometimes I take the risk to invest in the new coins and tokens while their prices are low, because I feel that they have the potential to rise highly in the future. But generally, I prefer to invest in the stable and powerful cryptocurrencies like Bitcoin and Ethereum because this investment is the safest in my opinion.
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Invest in good projects regardless they are running an ICO or IEO. There are many promising projects doing ICOs and many shitty projects running IEOs in low tier exchanges. The quality of the project itself is the most important factor to decide whether we invest in this project or avoid it.
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