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I think that the best thing that anyone could do for themselves at this point is to Hodl their coins and not sell. I know that it might not really be an easy thing for so many, as they might be scared or worried, but it really is the best thing to do at this point. Soon all of this will be over and we will see some bullish trend once more, but if you sell your coins now, you will miss out on that.
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The best way to protect your altcoins in my own opinion is to keep them in a good storage. Be it the exchanges or your wallets. Whatever you choose, they both make great options. It is best that you go on to activate the 2factor authentication for your accounts, and you always keep your login info safe. Never share passwords or other important information.
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Erm, I think that I'm yet to experience that. I only just started participating in airdrops a few months ago, and I'm still waiting for most of them to pay out. Some have closed down their projects, and I'm guessing I won't be receiving any tokens from them, while others are yet to pay. Hopefully, in the next couple of months they will.
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I mostly tell people that care to listen that Cryptocurrency is a good venture when you are looking for a business to go into. Yes so many might say it is risky and all of that, but is there anything in life that isn't risky? And I strongly believe that if you play your cards well, you will hardly ever get to fall for scam or lose your funds. Give it a try and see for yourself how amazing the system is.
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I think that neo is a really good coin, and one of the fastest rising coin that we have in the industry. Despite the recent challenges most coins have been facing as a result of the recent market trend, it is safe to say that this coin has been doing not so bad for itself, and I greatly think that it makes a good investment option.
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Firstly I think that, we most get huge tokens during bounties when and only if the tokens do not worth so much. For a token that worth so much at time time, you cannot exactly be getting a huge number of the tokens, unless your stakes were really high. And if you do get these tokens, I think that it is only wise that you do not sell them or at least all of them. You should at least keep a good percentage of it for when the token value increases.
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It wasn't really easy at first. I wasn't too knowledgeable about it, I just needed some extra funds and saw that it was a good way to make some, and decided to join the train. It felt like a waste of time in the beginning, but later became endurable, when I started seeing the results of my hardworl, time and patience.
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I think that to a large extent, airdrops and bounty programs are relevant. Both to ICOs, and Bounty hunters. It has been a good way for a lot of persons to earn by the side, and it has also been a good to promote these ICOs, and I think that a good number of us will agree to this. These programs are really essential, and I don't exactly see why they should be questioned.
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No, this is not the end of cryptocurrency. To be quite honest, this is only but the beginning and I really wish that people could see this for a fact. Don't be deceived by the recent market trend, and start to think that it is over for the cryptocurrency industry. It is going to bounce back even stronger after this whole trend that is going on. There is still a lot in the future for us.
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As much time as you are willing to sacrifice, to be honest and in my own opinion. I think that if you are willing to dedicate a certain amount of time that might be a little uncomfortable for you and you are willing to put too much effort and make good use of tat time, then it is safe to say that the job is already a full time job for you.
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Most bounty hunters do not really work with strategy, they just go and do what their mind tells them to do, II think, because there is little or nothing to strategize for them. For others, they try to figure out whether a project will succeed or not before venturing into it, so they won't be wasting their time at the end of the day. They do this by thoroughly going through the whitepaper of the project, or its team members.
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This might not exactly be easy to do. Bounty hunters usually dump their tokens immediately after they get them, or investors do so, when they think that the coin is/wouldn't do so well, and this in turn usually causes a downtrend in the price of the coin/token. I think that the individual actions of these people cannot exactly be controlled, so dumping can not be prevented also. Whatever people choose to do with their coins/tokens is left for them.
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It's quite easy and simple. During bloodbaths like this, the prices of most of the coins are usually low, and there is no better time to invest in your favorite coins than now. Wise investors make good use of the opportunity that is in this market trend. They stock up their wallets with their favorite coins as it is cheaper to but at this point, and get higher profits when the prices go back up.
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Despite the reds that are on the street of cryptocurrency, I think that this isn't the end of the industry.. It might be a temporary setback, but I think that the market would bounce back soon. This is not the end yet. Rather, it is the beginning of a new phase, best believe. Let's just be patient and wait to see what's going to happen next.
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Not exactly. I know that a lot of us like to think that a whitepeper is a good way to determine whether or not a project will be successful. While it does give insight to a project, it cannot exactly tell whether it truly would be successful or not. This is why I cannot base my confidence solely on just a whitepaper. Most of the scams in the market these days even have more convincing whitepapers.
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This is essential too, to make good investments and not to lose funds at the long run. While it is very good to hodl your coins, even in certain market conditions, it is good to know when to sell off a coin too if need be. During market conditions like the one we are experiencing now, not all coins are likely to bounce back. If any of your coins fall within this category, you should sell them off as soon as you can, and probably invest more in the coins that you trust.
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I think that the major advantage that altcoins have is that they are way more cheaper than Bitcoin, and people think that it is a good thing to invest in seeing that when you put in some funds into it, you will be getting so much coins, and when the value of the coins increases, there is a higher chance of getting more profits from your investment.
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My advise would be that just like the popular saying, anything that is worth doing, is worth doing well. Take out time to carry out tasks diligently. Spend quality time investing in your knowledge, and participating only in quality projects. Make good choices with your tokens when you get them, and always reconsider your choices.
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I think that it is better to invest during ICo than in market. I know that a lot of person's are going to say that it is a riskier move, but I think thta if you like a project and you believe and trust that it is going to do great in the market, then you should invest in it during the ICO period cos it is usually cheaper at that point, and you would be getting more coins at a lesser price.
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A good percentage of ICos are indeed scams, but not as much as 80 percent. Scams are all of the place now, but there are still a good number of ICOs that are genuine and are doing well for themselves in the market. It is only sad to see sometimes that these scam ICOs are making a bad name for the legit ones, and creating a bad atmosphere for them.
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