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In my opinion , when going into crypto trading don't do it with a mindset that crypto is a get rich quick business. If you do your calculation on even as low as 2-5% profit everyday , you will realize that you will have a Huge amount of profits at the end of one month depending on your capital.
learn to take profit whenever the coin moons , try to avoid waiting for 10-100% profit per trade or per day , that is one thing that will finish your capital.
Avoid greed, enjoy the little profits, accumulate it in peace and safe your capital.
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Airdrop is a free token giveaway as a way of advertising a new project or an old project that lacks awareness. with airdrop the developer will build a large community on social media and by so doing create a huge awareness concerning such a project.
Some investors get to know about a new project via tasks done by airdrop participants on social media . so its to the advantage of the project.
For the effect on token price, if the developers know the right thing to do , airdrops wont affect the price that much , even if aidroppers dump their free tokens below ico price , with the activities of Team and potentials of the project the price can actually moon again .
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you are very correct, i usually see crypto as a new financial technology with a bright future . and like every other technology cypto is still young and promising , the adoption is increasing everyday in different countries of the world.
i have never sold all my coins/tokens, i reserve some so i wont regret when 1 ETH will get to $10,000 etc. you ever believed 10 years ago that that the cryptoworld will get this far? but see where it is today , i add to your advise , we should not despise the days of humble beginning of crypto .
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you can become a pro in a short while in the cryptoworld, it depends on what you really want . all you need is absolute dedication and interest to the aspect of crypto you want to , be it day trading , long holding , investing in IOCs etc.
you have to see crypto as a major project and determine to succeed, read crypto and blockchain related articles and so on . with these before you know it you will be acquainted with everything about crypto.
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sure ! cryptocurrency is surviving , although the market is very unstable but thee ids hope for a better future as more and more people come to realise the innovative idea about crypto and how to be a part of the trend.
like every other new technology , cryptocurrency is gradually being accepted around the world for payment for goods and services.
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yes i will always prefer IEO to ICO , especially if the IEO is done in a good exchange . i have had a lot of scam ICO ,but i think with IEO wont be as bad as what i have witnessed with ICO.
With IEO, at least there ids hope that the Exchange is going to list the token after the public sale. s
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if the launch of facebook Global coin becomes a reality it will be a good idea in my opinion . imagine the number of facebook subscribers using the Global coin , it wont only expose many to teh blockchain technology and the use of cryptocurrency , but will also lead to a boom in the crypto market.
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if Blockchain is integrated into the educational system it will be a great push towards mass adoption . as important as education is , there are a lot of aspects that needs to be decentralized in order to strengthen the educational system . so i am looking forward to seeing this implementation in the nearest future.
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in my opinion , ICO is gradually dying off due to a lot of scam ICO we have witnessed in the past even presently. Investors find it hard to invest in more ICO because most of them who manage to get listed on Exchanges sell below ICO price .
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