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I think that the most safer way to earn free tokens and then, sell them and obtain profit, is to participate in airdrops or, in my opinion, it's better to participate in Bounty campaigns that almost every ICO has. They offer you the opportunity to get free tokens in exchange for some help in promoting their project however you can
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I have faith in cryptocurrencies and this is the reason why I am holding my cryptos and I will do so after the pricing trends will pass the break-even point so I will have a possibility to sell it and gain profit. I will never feel like quitting since I believe that cryptocurrency will be accepted by everyone
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It considered being difficult due to the pricing trends that almost all the existing currencies have. The entire cryptocurrency community must be very careful and very well informed if someone wants to enter the trading sector of this market. I have tried to enter it and I lose all my invested funds. My advice - be VERY CAREFUL
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I think it's quite good for everyone. For MasterCard can result in a huge profit since it's entering a new market with the enormous community and quite impressive capital. However, for cryptocurrency community it can also be beneficial, for example, it solves the problem of converting your cryptocurrency into fiat and MasterCard is the one who can solve this problem
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Totally agree with you, I think that taking part in different bounty campaigns is also a huge investment. Nowadays, money is not the most important thing in the investment process. In my opinion, time is the most important time since you spend a lot of it deciding if you want to invest in a project or not and if to participate in a chosen bounty campaign
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I think yes, I can't explain it properly, but, personally, I believe more in Ethereum rather than in Bitcoins. Probably, the drastic fall in Bitcoin prices has affected my opinion and the way of perceiving the Bitcoin as a stable cryptocurrency. I believe that Ethereum will be much more demanded and used than the Bitcoin. In conclusion, my answer will be: "Yes, convert your Bitcoins in Ethereums"
However, bare in mind that this is only my opinion, think more than twice before doing so
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It depends on how much you will participate in bounty campaigns, I am earning 100$ however, I believe that it depends on your chosen projects and the way for them to conduct the bounty campaign. I think that people who manage to earn more than $1000 a month are amazing and professional bounty hunters
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There are a lot of ways how you can earn money online. You can participate in airdrops or make part of any bounty campaigns. However, you run a risk of being scammed here. The only way of not being scammed is to analyze in detail your chosen market in order to be more sure about your decision. Also, there are ways which are not related to a cryptocurrency industry. And do NOT forget about trading cryptocurrency
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I think that cryptocurrency is the future of the economy of almost all countries. It has a very impressive demand and it literally very easy to use. Also, it much safer than lending money to the banks or get some of them for the development of the project, for example. I believe that cryptocurrency will be adopted by every country and it will be supported by all the laws and people who are now against it
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Keep holding is not the best approach if you want to earn some profit. In the cryptocurrency market, you have to look at the trend almost 24H a day in order to wait for a point where you can get much more than you have invested. If the market prices are falling, don't sell them, be patient wait for the market to recover. It will recover since this market is very volatile and it's always recovering or falling
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Patience is required in every single investment that was made. All the people who do not have patience, are those, who think that after "lending" some money for people to develop their idea, they have to get more than invested in a few weeks. These people do not understand that the main key to get the revenue investing is patience and trust. That's it
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Almost 90% of Initial Coin Offering project are based on Ethereum blockchain, so, as a consequence, they will issue tokens with ERC20 format. This is why you will need a wallet which supports this type of format. Currently, I am using the Metamask one since it provides a great access to your wallets, the opportunity to create different accounts in less than in 10 seconds and it results to be one of the most safer wallets
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Not much, since you can face a huge drop in prices which will never get back to the normal one which will allow you to reach the break-even point. I faced this problem with bitcoin when it has risen more than $15000 (i bought it for $9000), I hold it thinking that it can raise more, and then, all of a sudden, the Bitcoin price has dropped down below $9000
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It depends on how you choose the project and its bounty campaign in which you want to participate in. I also got scammed, however, all the projects that have paid me resulted to be somehow profitable. Just remember that the only thing that you lose is your time, which is the valuable thing nowadays, however, it's not that but when you invest in something and you lose everything that you have invested, and, in some cases, you can lose even more than you have invested
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It highly depends on which airdrop you choose. I have chosen one and they haven't really paid me. I prefer to participate in bounty campaigns since there is much more probability of getting paid and much more than in every airdrop. However, there is also a risk of being scammed and not receiving anything. This depends on how much luck you have
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The cryptocurrency market prices are always down or up, it's very volatile and there is no reason to worry since, in a few days, you can face the prices rates pretty high. Also, the cryptocurrencies are very volatile since they highly depend on multiple factors and can easily be manipulated, for example, imposing some legislative sanctions against their usage
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I also want to participate in more than 5 bounty campaigns, however, it's really difficult and time-consuming to do so. However, also, there is a danger of facing the SCAM project which will not pay you no matter how you participate. I faced more than one of them and, to be honest, it's really disappointed and now, I don't have enough interest after being scammed
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Unfortunately, you are right. There are many ICOs which resulted to be SCAM. This is so embarrassing since there are also projects that are really trying to raise some money for the development of their idea, however, due to the current trend of rising SCAMs, people are afraid of investing in ICOs and participate in the bounty campaigns.
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My advice would be to invest in a stable cryptocurrency which you can choose from the list of the top 100 cryptocurrencies. However, also, you can invest in ICOs, but, the main problem is that nowadays there is a current trend of becoming a SCAM project. As a consequence, it would be much safer to invest in stable cryptocurrency rather than in Initial Coin Offering project
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