There are chances that Ripple will be listed on Coinbase as until now they were not touching RIpple as it might be a security. Recently, Coinbase has got the right to trade with securities and now they can freely list XRP. Bright future is ahead for XRP holders.
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Think that this growth is connected to ETF decision for BTC in early August . If it will be positive the BTC will skyrocketing. In case of negative news it will correct back.
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Cryptocurrency will definitely stay for long as it is unstoppable on it`s decentralised way. For mass adoption we need some big company to accept Crypto as payment method ( Amazon or Ebay etc )
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We are still in early stages of Crypto awarness and a long way to go. Blockchain technology will be present in our every day`s life through many projects and this will lead to high awareness of Crypto as well. We need regulation for mass adoption.
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The market is declining overall but not all the coins declining at the same time with same percentage. There can be still find trading opportunities despite shrinking market and profit can be made by daily trading and scalping . Arbitrage trading is another way for profit making.
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Holding of good value coins is a good decision even in this declining market as at some point the market will recover. It is risky to hold altcoins without perspective as it may happen they won`t ever recover and You could end up with loss.
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I think BTC wil be still in Top 3 coins in 2020. ETH will take the market lead in market value until that time. The third coin will be a non existing coin at this moment, yet to be created.
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Always reading WP as it is a good way to get informed and learn about the the projects and their potential. If the WP offers useful and unique solutions this way we can find undervalued coins as it is still not always reflected in price. Blue protocol is one of this kind.
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This is new technology and it needs time for mass adaption and their benefits to be clear for everybody . With institutional investments I am sure that everybody from bank sphere would like to be part of it as well.
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I was scammed by OTHO . It was not an ICO, it was the best airdrop campaign I have ever participated, with several tasks. They had their website, WP, Roadmap token etc. They were planning to do airdrops every month , 54 of them. To be eligible we had to be active on their internal platform, telegram group etc. - like in bounty campaign and to fulfil several tasks before airdrop and during the aridrop . There was a questionnaire for what You had to be prepared and learn for it from one-pager as only first 500 participants go through. Every detail was well planned and very professional. After 2 months they disappeared and I do not understand up to now what was their motivation behind to put so much energy in it if they wanted to scam . ( as they were not collecting money ). They had their token on the exchange but still it was early phase and no big volume so they could not dump the tokens and get rich.
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Investing Crypto is a long term game and you cannot expect something to rise all the time. Long term, it is moving up but there will always be challenging times that you have to be prepared on. If you are confident with Your investment based on research and studying the market you will know what to do when tough times come .
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Follow the market as the market will not follow you. To be able to do that and even more to predict the market movements research , learn , study the coins you are trading with. More information you gather more successful You will be. Get used to it that not all your predictions and strategies will be successful ones. Be happy with the successful ones but do not cry over the other ones. They are all part of the learning process.
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The main reason is to see how new technology changes the payment system and the world and I am very glad I jumped on this journey. Of course, making profit and having great fun are just additional and secondary benefits as both can be achieved on other places as well.
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On exchanges hold only the coins you are intending to trade with actively as many exchanges are hacked nowadays. Decentralised exchanges are not an exception. Make sure 2FA is enabled on the exchange you use and the recovery for 2FA is stored safely.
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A good ICO needs to have good promotion prior ICO sale to be able to collect enough funds. Beside promotion many other factors influence the success of an ICO ( the idea of the project and it`s presentation on Website, Team ,WP, roadmap, global market situation etc) If things does not work out as it was planned the ICO usually extends the ICO sale dates.
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During this bearish market BTC dominated over altcoins as they decreased more than BTC. For example ETH was 11% of BTC price before the dip and now is on 7.1 % of it. So, trading altcoins instead of holding BTC during this period could be profitable only in case of professional daily trading which could offset the loss holding altcoins versus holding Bitcoin. IT was , and still it is a risky business to sell BTC for alts. in this shrinking market.
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Airdrops requires less tasks to be done but also the reward is less as well. Especially nowadays they pay 2 $ -7$ worth tokens, and when they enter the exchanges they are often worthless. Some of them even asks for KYC to be done for airdrop. While with bounties there are more tasks to be done, but with some research and selection the benefit can be maximised if it becomes a successful ICO.
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Now , it is happening the opposite what we had last Year during the bull market, and the market is decreasing further after every correction. Simply, there is no interest nowadays for investing in Crypto and the supply is higher than the demand. Weak hands will leave and we need new positive investors to enter the market to break this negative investing mood. Alts are suffering the most as BTC has higher trust and increasing it`s market share.
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I suggest Binance for trading as they have low trading fees, especially when You are using their BNP tokens. ( You can reduce trading fees by half from 0,10% to 0.05%). For coins that are new and they are not at big exchanges I use IDEX ( decentalised exchange)
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Hackers exists in Crypto but they cannot change their economy. Some projects are about saving the Crypto sphere like Quantstamp and Blue Protocol. I believe that in near future we will have some security measures like we have Visa with Bank transactions. Until that do not store Your Cryptocurrency on Exchanges just when You trade and use a cold storage hardware wallet bought directly from the manufacturer.
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