I had invested one ICO previously, it failed although I didn't contribute a huge amount on it. A news yesterday made analysis on blockchain ICO projects, mentioning 92% of these ICO projects are failed.. Should I stop investing the others or any really potential ICO suggest?
The right answer is that why do you need to stop? If you know the benefits of this unto you, if you knlw hoe good the crypto is. Continue to invest. If the value dump with a huge amount it is your time to invest. Don't settle yourself in negative. You need to have an alternative yet wise decision in that case. |
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It is needful to say that before the completion of a magnificent building, it starts from the foundation, therefore, to excel as a crypto enthusiast you must start from the foundation, which is through the acquisition of knowledge.
I will not deny the fact that learning is a continuous process, but whoever is coming newly into crypto, should try as much as possible to learn first the rudiments before venturing into any aspect of crypo in order to avoid making costly mistakes.
What you already know cannot be taken away from you...
So, start from the foundation today and get the best from the crypto space.
This is very true mate, because if you have no knowledge about cryptocurrencies it is impossible to work and start something in this market world of crypto, i know it is hard to start over because there is no shortcut in learning here in crypto instead you must learn it step by step. Yes I totally agree with that. Before you become rich in here you need first to know how to simply earn or to simply manage you momey in here. You need to know first the crypto world on hiw is it going. Just start in here and you will learn a lot of things as time passes by. You will just notice it by yourself |
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Many of ICOs allocate some of the tokens to participants in bounty campaigns. Don't you think it is better to give bounty participnats reward in ETH?
1-2% of the money raised is not so much and bounty participants deserve that. Also, it can cause more investors to attract. Because they are no longer worry about the price fall after bounties are paid.
Yes ofcourse. But i think thats doesnt matter. Does only matyer here just pay us the bounty hunters back for the works weve done for them. Joining paticular ICO is a choice if you want to be paid for tokens that theyre creating you should continue and sell it to become eth or even bitcoin. |
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You should not wait to buy because it might begin to start recovering soon. Buying ETH now should be the best decision for any investor to take because ETH still has the potential to rise,so anyone who invested in it will surely make profit.
Yes you have the point. As I monitor the ETH it is quite good to buy because the value is not that much. Buy at the low price and then hold and wait until the selling time came. ETH as you have said has a big potential in crypto world and it is really good to invest. Buy now before regretting it later. |
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Many bounty campaign give token..often token bounty has not been paid .. you already exist in the market .. after the price paid it down drastically ... if we hold the token .. later will be able to rise or even added down the price of token bounty
Real life application and usability of the said token will greatly affect the price, just because it is traded in few exchanges does not mean people need it. Many of the trades are done by bots so they just randomly chose tokens/coins that reach a certain price according to the bot configuration. If you expect to see a rise in price, consider checking out the real world applications of the token and see if it has potential that when it is marketed properly - people will see the benefits and buy them. Token bounty must hold. Not because we need. But also for taking consideration to those investors will hold and you the bounty hunters will dump the price. No way. Its really a not good idea for me to sell very quick the token you are holding. |
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I ever heard that people choose to quit their job for doing some crypto job. Whether it is trading, mining, or bounty. But I think that's the worst idea. Maybe they think that kind job like that can earn many profit but they doesn't looking at the risk and keep do it. Look at the market, they stay red and it will hard to get profit from investing or trading. GPU price is more expensive as well as a lot of capital to be spent when starting mining. Also Bounty Hunter has bad condition right now with too many SCAM ICO which caused some of them just wasted their time and doesn't earn anything.
How they can earn money for daily need if only depends on the crypto?
Leaving job is not a nice way to do if you have a good and regular job. And even it is not still it is not a good idea to leave. The best thing to do is that do both job as well as crypto. You will not sacrifice anything aside from your time, rime management is the best solution for this. Prioritize what is need to be done first then do the rest. This is so beneficial because your source of income will double that will help you in lot. |
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Things you should know before investing in bitcoin
What everyone wants is to have a stable job and get good savings, the best option is to work the money to get more income for the future and thus have a better quality of life and what better to invest in bitcoin but before you should know certain things about This cryptocurrency.
it is not regulated: there is no entity that regulates and monitors this type of investment. So you should be aware that if you lose your money, nobody will answer
Bitcoin is a high-risk investment: people should know that the level of risk is very high, due to volatility and inability to predict its price. "
Do not get into debt to buy cryptocurrencies: this really should not be done with this or with another investment, if you are going to work your money with extra money you got.
Do not invest more than you are willing to lose: "it is recommended that you do not invest your savings in this currency; on the contrary, invest 1% of your assets, something that you are really willing to lose".
Use reliable pages: use safe sites to navigate and also only use reliable devices such as your cell phone, your computer and your home's wireless network. Never use public networks neither to make investments nor for any type of financial consultation.
In investing you need first is learning. You need to search some info about investing and make yourself familiarize on where you want to invest your money. After that know its strengths and weaknesses so you are aware of what might be happen. And lastly, do not turnover all your money on it, it is so risky. |
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Do you really look for a long term profit, like the people who had bitcoin in 2014 or are you here trying to get a quick buck with a minimum effort?
Personally, yes. I do believe and trust bitcoin. Once you invested make sure that your trust to it is a 100 percent because you will not just turnover your money if you didn't believe on it. And aside from this, crypto especially bitcoin and ethereum is proven about long term investment. Those long term investment will be very beneficial in you in the future. |
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If you're looking for a long term investment expect Bitcoin you can invest into ICO's or new projects that is related to cryptocurrencies the good thing about this is when you bought a token to them it is very cheap and once the project development is success the increasing number of investors to that project will affect the price of the token.
Yes, investment to ICO's are one of the best way to earn profit however investing to ICO's are also one of the riskiest way to earn profit. Here are some of the risk you're about to face when you invest to ICO's.
1. Most of the project becomes a scam.
2. When the bounty hunters sell their tokens (It will result of decreasing tokens price and you need to wait a long time to recover the price)
So to better choose a good ICO or has a potential, do your own research about the project such as:
The Credibility of team
Development of the project
Whitepaper
Hype to the community
The concept
Technical Details
Roadmap
Actually there are so many cryptocurrency which you can invest your money. The only thing that matters is that you know how to hold not by holding it in a little time but to hold it for a long long tine until the price is too big for them to sell it and everyone will get high amount of income. Its just a matter of patience |
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I just created this thread to gather opinions ..
Ethereum is next to BTC?
Yes I think so. Because as we see the ethereum now is really on its peak so many investor and traders want to invest in this coin. The transaction is really fast. And if you summarize it all, eth is better compare to btc. If you monitor the btc value it is kinda bad.and I believe that this eth coin will be more popular . |
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Hey guys, why do you think people dont believe in crypto? The potential of crypto is great. Moreover crypto is the currency of the future! Do you agree?
Honestly, the reason why most of people (who know online business) didn't agree and believe in crypto because they believe that it is a scam that they should avoid. They didn't see the opportunities that are waiting for them if they are engage in any crypto currency. They didn't know what kind of opportunity they might get. |
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Can possible uneducated people join the Cryptocurrency?
Have one condition he have enough balance to trading. So what do you think guys?
Yes they can. Everyone can join in crypto but for those uneducated people I think it will be hard because they need to know some information from the start. Well if they are dedicated and persevering to be successful they will give their very best to achieve that goal. But first, knowledge must be prioritize. |
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As a newbie, which is the best to do; To invest(earn) or to Learn(for how long)?
Before you make a move in crypto you should have a wide knowledge about it to avoid complications. You should well informed about investing and in trading so you will not regret it. If you are now aware of crypto you can start with small investment and when you earned income you can now use it to make another income. |
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Is buying ETH currently a good idea, or should I be going with Bitcoin?
Yes, and I think it is the best time to buy eth since the marker value as I monitored it yesterday is slightly lower compare before. So this is the right time to buy and then hold later and after the value rises up you can now sell it and use. It can be also use in investing. Not only in eth coins but you can buy in different coins for much income. |
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what's your reason joining here in crypto?
Honestly, the reason why I am here is because of my friend who convinced me to join here. We are planning to travel around the world especially my country so he decided to invite me to invest and join in bounty campaigns. And also, I want an extra income to finance my needs and to be successful through this crypto. |
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Hello everyone!
Recently, I was thinkig. Is there really any reason for the BTC to be the market leader? The only thing that is giving the value to BTC is pretty much the fact, that it was the first crypto currency. It is the grandfather of all cryptos. But we know it has its flaws... It was never designed for broad usage, it has scaling issues and so on.
On the other hand, we were given ETH. The Crypto Kitties or w/e the awesome internet meme ETH appliction is called showed us, that ETH network has issues with high amounts of usage. BUT, 90% of all altcoins are based on the ERC-20 standard, brought to us by ETH. The smart contracts using the Solidity are extremly good piece of technolgy.
So my question is. Do you think, that BTC will keep its leadership, or will ETH be the winner of this year and surpass its ancestor?
It is not good to compare between the two different coin ehich is ethereum and bitcoin. Coins have its different functions, capability and ability. Both of these are the standard of cryptocurrency. It is coin which proves to us the crypto is a good investment and a profitable one. You cannot predict when and how these two coins rise and make you successful. |
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Do you recommend investing in Ethereum rather than bitcoin for holding now ? Or Bitcoin should be first ?
Bitcoin is a good in terms of investing but now I recommend you to try ethereum because transaction is fast compare to this btc. Maybe you can invest in both but prioritize the eth coins because the feedback of some investors in ethereum was so good unlike in btc now. And as I monotor eth, the value is cheaper compare to btc. |
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After the redhot run we need to wait for the underlying assets to grow into the market. Currently 90%, maybe more crypto is insanely overvalued and until these turd cryptos, like IOTA for instance, don't get flushed out it will be hard to expect growth because everyone is rich and fat not doing any significant development.
Not everytime market is really volatile so i can confidently say that it is not always in red as it dumps. I still believe that some times by now the market will rise up again and will reach any amount that investors and golders will satisfy very much |
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In my opinion , ETH is now more hot than BTC because the explosion of ICOs base on ETH Blockchain. During the recent dip, ETH price even a little come up, all altcoins and BTC holders lose funds but ETH holders still have profit. So i think that ETH will reach BTC price this year. What do you think guys?
I think Eth will be the second best after bitcoin. It became popular because of the good side of it. As we monitor the eth we can see the fast transaction of this compare to other coins. It will be a big potential for sone future benefits or long term investment. It is an alternative coin for btc which is now experiencing downfall. |
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With the recent hack, I assume a lot of people will switch to something else, what do you think?
I still recommend using a hardware wallet over the safety benefits though.
I am still using MEW. The reason is 1) I am using a hardware wallet (no chance for my private key to be hacked). 2) I am using the legit chrome extension of MEW, which is a offline version of MEW (not affected by the recent hack). Yes ofcourse as a bounty huner i am still using it since it is needed for me to recieve my tokens in the particular ICO which i joined in. This is really important to me becausw it is the only erc20 wallet that I know and i dont know what erc 20 is but i know that this kind of wallet is needed for recieving tokens. |
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