I would say buy. Its never a bad time to buy NEO. Its the number one coin in China and a direct rival to Ethereum. With how small its market cap is in comparison to ETH I think this coin is primed to pump very hard. Get in before its too late.
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Even if one does their own research no one see whats going behind the ICO devs mind. Because creating a fancy white paper with pretty graphics and a beautiful website is very easy. And thats what most of the new people see and call it their research. One is better off just avoiding investing in ICO at all.
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The same people also say Only invest what you can afford to lose while saying buy the dip. Did you heed to that saying? I don't think so. No one can guess or predict the crypto markets correctly as it doesn't works on technical analysis.
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Theres no such thing as a good amount to invest. Whatever you can afford to lose is a good amount to invest. Other than that I wouldn't recommend you to invest more than that into the crypto markets. As theres no guarantee when a coin will lose half its value or if it goes to zero.
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Because the crypto markets is filled with noobs who will put their money on anything they are hyped with. They wont do their own research and just invest their money on something they read positive about online before thinking twice.
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This is just a market correction after Eth touched its ATH few months ago. You don't really expect the price to just keep on going up do you? Also this much drop is normal in crypto markets if you don't know. Just have patience as ETH is going to moon either this year or next.
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There cant be a worse investment than ICOs. Most of the current ICOs are straight up scams and nothing much but copy pasted clones who don't offer any real world use case. If you don't know then most of the ICOs launched last year have already failed.
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How is this an easy call? Predicting the crypto markets isn't just a guess work. I don't think any one can predict the crypto markets as they don't really work much based on Technical Analysis. For all you know this could be a bull trap and this green could be pure manipulation to trap newbies.
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Cause we are going through a market correction after going through a bull rally for almost an year. The corrections don't happen that fast and the longer it takes the harder the market is going to rebound and recover. Always remember to hodl and have faith in the technology.
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OMG its been 4 months and the market hasn't risen a bit after going up for almost a year. What do now. /s
Do you really expect the price to just always keep going up? Do you know what a market correction is and how long it can take. Crypto isn't a get rick quick scheme where you put money and you will double it.
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Even though the current prices are at rock bottom doesn't means that you go all in on one coin. Always diversify, there are other good projects too like IOTA which are at rock bottom prices too. Also theres a possibility of ETH going even more below so maybe you should save some fund for later if it goes more down.
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Thats like comparing a democratic country to a country controlled by a dictator. Ethereum is a decentralized currency while Ripple is a centralized currency controlled by banksters and its creators. Most of the supply of Ripple is locked away and held by its creators.
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IOTA is completely different from Ethereum. The real competitor to Ethereum is NEO. Currently it is the no.1 coin in China. And with its low market cap in comparison to Ethereum it is a better coin to invest in as it will give more returns on your investment and is a completely safe bet.
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Yeah when bitcoin was actually rallying these people were shitting all over it and now when bitcoin is dumping they are coming out with positive news and price predictions like $20k. Looks like they are looking for buyers to dump their bags on.
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Why don't your diversify? Why invest all the amount into a single coin. NEO is still at a low market cap right now and it being the no.1 coin in China and the alternative to Ethereum is going to the moon for sure, I think it is a great pick. But you should avoid investing it all into a single coin.
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Yes you can trust it but use all the exchanges with caution even if its a big exchange. Why deposit the whole amount, do it in parts as that way you will be reducing your risks. Although it will take more time but this is money we are talking about here so its not worth the risk of losing.
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Almost all the coins are down by that much and some even more than that. If you imply that those coins are dead too cause their price fell by that much then yeah ethereum is dieing. The current crypto market is going through a correction and this much volatility and price swings are normal in crypto markets.
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Theres no such thing. Suppose the price drops to $3k today then all the miners who aren't profitable will shut their miners down and this will cause the hash rate to drop and this drop will lower the bitcoin mining difficulty which in result will lower the cost to mine bitcoin. The miners will keep on shutting and the hash rate will keep on dropping until it reaches a point where its profitable to mine again.
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Bitcoin has been at a price double the current price and if it has achieved it once it is definitely going to break that price again as history has shown. If you believe in what bitcoin is trying to achieve then just invest in it and don't worry too much about the price.
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With the ads like send your Eth to this address and we will x5-10 amount, this is nothing but positive news for the crypto community. These ads were doing nothing but scamming money out of the hands of newbies. Plus now the scam ICOs wont be able to promote themselves to newbies.
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