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I would like request investors to conduct a rigorous research beforehand. Bitcoin SV maybe a good investment and has much potentiality to grow in the future. But one thing is you should not follow any coin when its price increases all of a sudden. Any coin may decrease in price the way it increases. Bitcoin SV is also in the same situation. Think twice beforehand.
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I would go for price instead of quality at present as I have to recover my losses. There are numerous coins that claimed that they are the good ones. But it is up to you which coins you should pick. I suggest picking undervalued and new coins, which have higher chances to grow and increase in price in the future. Search on the internet for good and profitable coins.
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Cryptocurrency is unpredictable. So it is not that much easy what factors push coins' price increment. But the fact that forks were or are profitable is not convincing. Despite surging in price lately, Bitcoin Cash has remained below the ico price. So how can we say that bitcoin's fork is profitable? Good and strong team is behind a success story.
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It is good news that the year, 2020 has kick-started on a positive note when it comes to cryptocurrency. Following the start of 2020, price of bitcoin is increasing and altcoins follow suit. I also wish this situation continues throughout the year. But sadly, I do not believe this will happen. Only noted coins like bitcoin, ethereum and BNB can perform well.
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I do not think this will go further as Qatar will lift the ban in the coming future given the popularity and importance of cryptocurrency. Even China is becoming flexible when it comes to cryptocurrency. It is launching its own digital currency. Blockchain and cryptocurrency are the future of the world. And authorities, they like it or not, are to adopt them.
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So we are not in the altcoin season at least at this point of time. So far only bitcoin has been taking over and its dominance will increase amidst announcements of its halving taking place in five months. It means its price will skyrocket. The indication has started showing as bitcoin's price is gradually increasing at present. Altcoin season may come later.
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I like your idea. It is real that you should not stick to the day-to-day saying that hold your altcoins as they will reach the moon soon. Rather be practical. As the market is indicating, BTC was, is and will be the hero coin. So why holding all the shitcoins? Instead, sell your altcoins at whatever price you get and invest the money into BTC. It will recover your loss.
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The first thing is for investors or bounty hunters to have crypto knowledge. Without knowledge about how the crypto market works, the are prone to fall prey to scammers. Likewise, bounty managers can also play a significant role in discouraging or curbing scam projects. They know a bit more whether the project they are working for is legit or not.
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I am into neither of them as I do not have necessary equipment to mine coins like bitcoin and I do not take it seriously to stake coins. For me, bounty campaigns and airdrops are the best choice to earn free coins. In bounty campaigns, you will earn free tokens without any investment and much efforts. You can try it.
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I think not delivering on their promises and ignoring bounty hunters are scammers in a way. There are many bounty projects that have scammed bounty hunters by not rewarding them or by rewarding them only peanuts. I want to add some more projects on the list like Miracle tele, Curaizon, artcoin etc. Stay safe from such scam projects.
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There are some factors like greed, hype, lavish promises that work for the incidents of investors and bounty hunters getting scammed. There are groups of scammers, who give sweet promises and talk big only to scam investors. I find your very useful and informative about avoiding scam projects and stay safe from getting scammed. Thank you for it.
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There are many new projects that are promising, potential and with innovative and great ideas. But the problems why these projects are not getting attentions of the investors are that most of investors and bounty hunters are losing their interest in cryptocurrency lately. It is because of the crypto market crashing. Bittorrent is surely a good project for investment like Ethereum, BNB and bitcoin.
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This initiative of Germany is surely one of the milestones the crypto market has achieved. Allowing banks to sell and store cryptocurrency by a country is a means of widespread adoption of cryptocurrency. I believe the year of 2020 will come up with golden days for cryptocurrency. So guys hold your coins and get more profits in 2020.
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Technology and idea are the core thing of any crypto project. But nowadays traders are only focusing on price just to get quick riches overnight. I think crypto projects are like other projects like stock market where it takes longer time for any project to flourish and grow. Crypto project with good technology and idea will get its price increase over time.
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I think the best guide anyone can provide about trading is google tutorials. You can also depend on advice and suggestion provided by the forum members. For me, I once switched to trading after suffering a big loss in cryptocurrency. But there too I god loss although I followed advice relating to it. I think luck also plays a role.
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Many people and investors have lost their interest in cryptocurrency lately with the market facing difficult time and the regulatory efforts making the rounds. So many good and potential crypto projects are taking a back seat for want of potential investors to fund their ideas and technology. But this depression will not remain longer. New crypto project with innovative ideas will get attention.
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Thank you for sharing this valuable information relating to cryptocurrency. With this crypto twitter accounts, people involving in cryptocurrency or newbies can get information about crypto update, scam projects and good projects. I believe these accounts helps provide crypto education to those involving in the crypto space, thus reducing the incidents of scams.
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I do not know much about siacoin. What I have heard about the coin is that it is real-use coin and will do better in the days to come. What is interesting is that I bought some siacoins some three years ago. But ever since then, price of the coin has been decreasing. Its price has never increased since. I hope this coin will increase in price when altcoin season comes.
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