Latest posts of: ven7net

I believe that the cryptocurrency market is decentralized. You can talk a lot about decentralization, but you will not find the real facts of its manifestation in the crypto market. Who controls the crypto market? The answer is obvious, large crypto exchange. Why? Because the price of crypto assets changes only when there is a purchase or sale on the stock exchanges. Just users do not have a large number of cryptocurrencies and can not greatly influence the price. Then why do we see often large price fluctuations? Because the exchanges themselves, having tens of thousands of bitcoin and other top altcoins, can sharply sell as well, dropping the price, and buying back to raise the price. Moreover, it is possible to track the transfer of cryptocurrency on the wallets of exchanges.

You're right! Those who wanted to earn, he was able to earn this year, even though the market is going down. As for the new growth. I believe that the opinion that growth in that year is due to demand for ico is not true. Growth was due to the launch of bitcoin futures. That is what attracted new capital to the market and led to the growth of almost all top altcoins. Now the market is exhausted and expects new capital, and it will come again with the launch of new financial instruments, such as ETF, Bakkt and others.

You are absolutely right. You should not think about past losses and blame yourself too often, but you should not forget that time either. Why? The fact is that you should know exactly or remember why it happened and make everything so that the next time it was not. Our past actions are an experience from which we must always draw conclusions and move on from these conclusions. The main thing is to always adhere to the basic rules of investing and then you can avoid as much as possible experiences in the future and the present.

Lately, the price of a coin or token after ico can be much lower than when ico itself passed. Of course, this is a better offer for investors, but all this is mainly due to the crypto market, which this year is constantly decreasing. I think when the market goes up, the situation with the prices of crypto assets will change for the better. Also, do not forget that some ico in the process of their ico often offer good discounts or bonuses for early investors and sometimes they are very profitable. In any case, when you are going to buy this or that crypto asset, you need to carefully examine all the information in order to find out whether it is worth investing at all.

You are absolutely right that the private key of your wallet should only be with you and should not be given to anyone, but that’s not all to protect your wallet. There are other ways to hack your wallet. One of the most common ways is the phishin site, in other words, you can send an interesting message with a link that leads to a fake site and if you do not understand this, you can also get into the hands of a hacker. Also, by sending you files, you can get remote access to your PC and also find out all the important information if it is stored on your PC. In any case, you need to be very careful and closely monitor the information that will be sent to you, and sent her will definitely.

Indeed, right now we can see a large number of ico and bounty programs, and of course there are fraudulent projects. But the main thing here is to understand that fraudsters do not always show themselves immediately. Even after a thorough check of one or another ico, it can be concluded that they are honest and at the last moment they can simply disappear with the collected money. This has already happened more than once. Of course, there are frank scam projects that initially look very doubtful. There are also ico, which simply underestimated their capabilities and could not successfully complete their ico, in which case they simply return the invested funds to their participants. What do bounty program participants do, of course try to avoid scam projects as much as possible, but unfortunately, as I wrote above, it cannot always be possible to identify that a particular project is scam.

To understand what led to the fall in prices in the crypto market, you first need to understand what led to the growth. And so the increase was due at least to the launch of bitcoin futures. This means that the financial instrument was launched, with the help of which the capital of small players was attracted, most likely for the test. The price actively went up and soon, when the price reached its peak, we saw a decline in prices, that is, profit taking. Further, the price continued to decline, and all this is done in order to reduce the price and redeem as much as possible of the top crypto assets. At the same time, we saw news on the launch of new tools: ETF and Bakkt. That is, everything is being prepared to launch new tools and to attract institutional investors. Now we can conclude that the reason for the fall in prices is simply to fix the profits of large players and the next purchase of crypto assets at a low price for the launch of new financial instruments, in order to attract institutional investors and regular earnings.

Of course you can not return the time. If we now consider cryptocurrency as an asset for investment, then you should understand that the prices that we now see are the level they reached according to their development and the development of the crypto market as a whole. Hope that prices will fall even lower is not worth it, as if it were, it would have been before. But we see that prices are now kept at the same level, and this suggests that most likely we will soon see growth. If you wanted to buy crypto currency at low prices, you better consider new altcoins with a good prospect. It is them that you can now buy very cheap and in the future sell much more expensive.

Yes, I am surprised at the price of ETH, since I hoped that the price would not fall so low, but apparently the big players have completely different plans. What is the reason for this fall in prices? If you look for the cause in the programs of ico or in investors or holders of ETH, then they would hardly have led to a fall. I am still inclined to assume that the market is being manipulated and the prices are going down forcibly. As you occupy at the end of last year, rapid growth has caused the emergence of futures on bitcoin. In other words, a financial instrument was launched for bitcoin trading on a larger scale, plus the opportunity for price manipulation. Further, we just observed profit taking, that is, a price drop. We have an example, for larger games, how can you to earn. In the same year, or perhaps next, we will have new instruments for earnings, such as ETF for bitcoin, futures for ETH, Bakkt, and maybe something else. So, I think we have a lot of interesting things ahead and of course a good price for cryptocurrency.

I do not think that ETH has come to an end. At the moment, ETH is the second coin in terms of capitalization and in my opinion the first in terms of the presence of the most developed ecosystem. As for the price, you are right, the price is lower than the one that was last year, but this year we are witnessing a long market decline, plus we have a big price manipulation in the market, that is, the price is specially reduced, I would say forcibly. The question is why do they do it? The answer is obvious, in order to buy at a low price, and then raise the price and sell, earning on it. I do not think that the major players will so easily give up the opportunity again, and maybe double-roll the scheme for earnings on cryptocurrency. It would be foolish of them to refuse it.

I believe that people who organize and conduct fraudulent ico are responsible for this. Those who were deceived are victims of fraudsters. As for punishment, everything is very difficult here, since it is practically impossible to find these people, as they always use fake names, accounts and photos. All this of course is very bad and currently has no solution. All that remains for us is just to be smarter and more careful when choosing one or another ico.