To increase your bounty earning, join as many bounty as you can but take time to do a proper research about the project before you join and also join signature campaign, translations, article campaign and participate actively to get rewards.
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I will say from January till now, my altcoin is down by 20% and this is really not a big loss for me and I will continue to hold them because I believe the market will recover soon and the increase in price will help coverup for this loss.
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Yes, airdrops are really profitable and worth it because you earn free token as rewards for promoting the project but take time to research on the project, it whitepaper, roadmap, manager and his previous achievements and website before joining the community because there are some scam projects which do not reward participants
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I must confess that the frequent decrease in price of coin crypto is very discouraging and this may probably be due to the fact that, most people are selling their coin at low prices and new investors are not coming in as expected. I know this period is temporary but wish it will recover very soon and price of coin increases.
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Ethereum is a very good coin and the second best coin in cryptocurrency, it has great potentials and very good team who manage it and an advanced technology. It is a very good coin to hold and it will continue to grow high and become more stable in the future.
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The reward you get in a bounty campaign differs from one campaign to another because they have different ideas and different team managing them. Bounties are very good to earn token as long as it is a potential one and you did all that is required of you to promote the project. The reward you get depends on the type of bounty you are in and your rank because rewards are distributed according to ranks. Keep trying and someday, you will earn reasonable reward.
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Other good, stable and promising coin to invest in except bitcoin and ethereum are litecoin, NEO, waves and ripple because they have good technological field, good management team and they have a very good future in the crypto market.
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yes, I will say tron id a very good and potential coin, It has good management team, it is fast, reliable,safe and secure. It is a good coin that has potential to yield reasonable profit when you hold on long term.
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It is good to hold on long term because the price of the coin will increase and you will make profit depending on how long you hold the coin as long as the coin is a stable and potential coin.
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Although there are some scam airdrops or bounties but there are still some good ones that when you take your time to do a proper research about them and join, can be very rewarding just like the one you joined. It is good to be careful and take time to research about an airdrop and the manager before joining the group.
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I think the only time when icos will die is when people stop investing in them and companies finds a new way to promote their projects without using the crypto blockchain. People will continue to invest in very good project ideas and more companies will want to promotes their product in other to make profit thereby giving icos more existence.
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I think you should have sold the coin when you made enough profit and noticed the gradual fall in the market price of you coin. In crypto, you should know when to sell and when to continue holding but the mistake has happened and you have learnt from it. It will be better if you just hold the rest until the price rises or sell if you think you cannot wait for the market to recover to avoid total loss.
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I think some of the reasons why transaction is cheaper in ethereum than bitcoin is because bitcoin requires more powerful equipment to mine it and the transaction is expensive and slow while it is faster for etherem because there is more space on the network and it is easy to mine. These two coin are different and thus have different system functions and algorithm and they both have different advantages.
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If I have $100k to invest in crypto, I will invest 60% in bitcoin and ethereum as they are the best coin in cryptocurrecy with great potentials and I will invest 30% in stable altcoin and the remaining 10% in ico that I'm convinced about the success.
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In my own opinion, some features that a good coin must posses are; 1. stability 2. transaction speed 3. demand 4. utility 5. community.
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For me to cut my loss, what I do is to buy when the market is very low and then hold on a long term at least a year or two. Though the market price will fall at some point but I know it will definitely rise and by the time I decide to sell, it would have multiplied and then I will be able to sell at a price higher than the initial and then make profit.
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I think you should trying investing in ethereum as it is the best altcoin, it has a large crowd, good management and technological team, it has unique qualities and great potentials. It is also a great coin to hold on long term.
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Well the best decision to take depends on you because you will the the person to do all the work but I suggest you should not quit bounty because of this because there are some good ones that reward their participants as soon as they can. Though some are bad, but you can still go for bounties with good manager and check the ranking and previous works of the manager before you join and be sure it is a reliable one before you join. I hope you get your rewards from the previous ones you have done as you try others.
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If I had $50k and wish to invest it in cryptocurrency, I will put it into a very good ico project that I'm sure will be successive and when I hold the coin, it will yield huge profits. I can also invest in stable altcoin which are cheap and then hold term on long term to yield profit.
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choosing an ico to invest in depends largely on the category of project you want and you alone know your expectations from a project. You can check the list of available icos on the icobench and then take time to go through their project, their team members, their previous works and the entire community. You can also how it is helping to solve problems and the aim of the project itself.
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