A good crypto project is enough to change one's life so why not take the chances?all i keep doing is making sure i get a share hold of very good coins or tokens with real use case and yes i did have many coins but i believe that a good crypto project is all we need. Am I doing the right thing?
You are actually on the right path, but this doesn't mean you will invest in all available good crypto projects (even though it's almost impossible). You just need to select a few, do a scale of preference and select the best. Also note that investing in multiple coins at a time has its own downsides too, you may not be able to follow up on all as you should when you invest in a few. |
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The altcoin markets has been favorable to few but not all. it is presumed that the early and private investors rake out big cash on New and old altcoin projects leaving many projects at the mercy of the cryptomarkets for survived. Although Most altcoins that has gone down below ROI to the verge of disappearing from the market are increasing daily. One of the ideology we all know about the cryptocurrency is the knowledge of Holding back some altcoins we believed that will do well in the long run. it is an interesting thing to NOTE that these TWO Altcoins made me have a strong feeling that cryptocurrency can be a fortune if you are lucky to invest on it BLOCKV https://coinmarketcap.com/currencies/blockv/and THORECOIN https://coinmarketcap.com/currencies/thorecoin/A closer look on these two altcoins will make you have a rethink about holding some altcoins, what to hold and Not to sell off everything if you have to sell. Both token raised from zero usd to a high price. even contesting with the top 100 coins on CMC. i am sure there are other altcoins that made this moves in the market but it's quite unfortunate that few people are holding such while some has sold off. So, before you make that decision of selling off everything that you have in wallet because the market is down and out. please reconsider before you regret your moves. you might be holding a token that worth millions in the next 2 years. I agree with you that selling off 100% of a particular good altcoin is not always the best decision, but not in all situations. Sometimes when you discover a project has no vision over time, it's wise to dump your entire holdings. Talking about the tokens you mentioned, do not always look at very big percentage increase when truly they don't even have good trading volume. If a coin does 1000% within 24 hours with 100$ volume, it's as good as 0% change. |
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In the past I often participated in the private sale stage in particular, but now it seems to be more profitable if I participate in IEO on well-known exchanges such as Binance. Projects that interested me are those who can create a new solution to be implemented in our daily lives and continue to make us use it, in other words in the future people can depend on the products they create. However, besides that which is only a concept, I also need tangible proof of the results of their hard work that has been made so far. Their activeness in providing routine updates is one thing that needs attention. Of course we as investors do not want to if they can only plan without doing further. And I always see the background of the team members working on the project, if they have had a lot of experience then my trust in them will also increase.
I really like your points, throughout my experience as a crypto enthusiast, I've only invested in two pre-sales and way back it was profitable. Nowadays IEO is the new craze, although getting in IEO on big reputable exchanges like Binance isn't so easy, especially for new crypto enthusiasts. Honestly I prefer investing in projects when the team is proven reliable and capable to run the project properly, most importantly managing funds and focusing more on project development. |
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Few good projects i have seen are having hard time to gather funds, they are still far behind to reaching their target softcap
1. Bitwings
2. EZ365
What do you have in mind about these two project? they are good enough to give a try for me, what do you say?
If truly they are good projects, hitting softcap won't be an issue in most cases. I believe they lack strategy or maybe still doing ICO rather than IEO on reputable exchanges. Nowadays investors are very skeptical before delving into any token sale, and by the way what made you say Bitwings and EZ365 are good projects, some points to back your claims up could have been cool. |
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I would be weary man, word is 2020 could be a dumpfest for TRX : / Apparently the CEO has like 20 billion getting unlocked and he likes nice suits so expect those coins to see market (imo) That being said, Tron is like a poor mans ETH, i still think it will pump again, so maybe if your planning on a nice long 5 years hodl its a good time to buy right now  Seems stuck at 0.02$ : / maybe thats a good thing? hmmm Your lines got me smiling "Tron is like a poor mans ETH" lol. Well I've been holding some TRX, even though presently I'm gradually losing interest in the project and putting more focus on ETH. It's sad reality that most projects posing to be "ETH killers" can't be compared to ETH in all ramifications. However, TRX development so far is still impressive. |
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i dont know what happen,please tell me if you know them !!!
I see from time to time now crypto is similar casino online especially the exchange..
I believe you imply that crypto enthusiasts "gamble" with their funds when they trade on exchanges based on speculations. The message you are trying to convey is not clear anyway, crypto is not like online casino generally, since you are more prone to lose all your funds easily in online casino comparatively. |
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To all bounty hunters on this wonderful forum i want to know if its advisable to continue with the bounty you have been promoting for 12weeks that got extra 8weeks added more, have you promote projects this long that ends up with good end results? Thank you
If you actually promoted a bounty for 12 weeks and more 8 weeks added, check the project progress and the terms and conditions to decide whether to continue or not. For instance if wearing signature, and they say you can remove signature after 3 weeks and your stakes will be given, then you can comfortably remove it and join any other bounty you wish. But if you really see progress in the project there is no need to stop, some end up being cool, although most reward will reduce. |
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Who is right? Devs or users?
I'm new to Lisk. Thought about investing as I like the idea behind it and as its price is super low. But the more I read about it, the more doubts I have.
The candid truth about LISK is that, the developers haven't achieved what's on their roadmap. Everyone expected that by now the "ETH killer" LISK should have projects built on its blockchain using javascript as on the project vision but that's not what's obtainable. Let's keep hoping anyway, the developers keep giving us hope. |
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It won't be right to blame the ICOs and the IEOs for that. The projects may be operating on a shoe-string budget and they may be unable to afford the huge listing fees. Please remember that the exchange listing fee has gone up astronomically over the past two years. The largest exchanges (such as Huobi and Binance) change millions of USD for a single listing (and that too after very stringent screening). Even mid level exchanges such as Coindeal are charging somewhere around $100,000 now.
So true, sometimes projects do not raise huge sums to enable them list on top exchanges with very high liquidity. I don't blame it on projects which didn't raise much entirely, the centralized exchanges demanding extremely high listing fees should be blamed. If most crypto enthusiasts can patronize decentralized exchanges (even though almost all still lack required features), daily trading volume for some DEX will compete with centralized exchanges and it will be favorable for good projects which didn't raise huge sums during token sale. |
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My dead crypto is motocoin. It still has some market value, and it is pretty high (0.02$). It is still listed on two exchanges (DigitalPrice and YoBit) but you can't deposit it. I would be happy to sell it even for half the price.
I know how this feels, I have a few coins trading but I can't deposit and been holding for sometime. I always feel pained when there is price increase (although usually very small daily volume) but I can't trade mine. Well there is still hope in such scenario, I have some dead tokens like PENT (team exit scam already) , and some other ERC20 tokens just serving as wallet decoration with no value. |
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yes it is true that many complain about losing some of their coins after using a new wallet-shaped application. and we all have to be careful to try new things that only utilize how ridiculous we are to try.
Some people just download wallets from playstore, appstore etc without even checking the reputation or legitimacy of the wallet. I remember when people lost funds downloading fake myetherwallet from playstore, even when there was no official MEW on playstore. We just have to be careful, there is a new trend of wallets promising ROI for storing your coins in them, at the end they will come up with stories doing away with user funds. Example was plustoken wallet. |
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There is yet no altcoin that I can confidently hold unto for long, most especially when there is not to get any of them disposed at anytime for liquidation. I was former thinking that ethereum would fill in the gap, but this believe seems to be shaking.
Well, opinions differ. To me, Ethereum is extremely fit to hold for the future. My reason is because the team keeps up with development and means to advance the Ethereum blockchain (switching to POS algorithm for instance is a hard nut to crack per say, but they embarked on it). The altcoins that won't stand the test of time obviously are those with an inexperienced or incapable team or team with scam motives who are just in for the money. |
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I'd go for my stored altcoins,
ETH, XRP, and BCH.
I already planned it even before, if altcoins will start the bull run at any time, I'll immediately buy these coins. I already provided enough savings for this plan. I can see the potential to these altcoins and I know that I won't regret my decision after buying these altcoins.
I think these are the best picks I've seen on this thread so far. ETH takes 30% of my overall portfolio already since I believe strongly in the project. I think you are missing out NEO and XLM, added to your picks, in my opinion they are still undervalued looking at their great development progress. |
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There are a lot of ICO projects now, each promising huge profits and benefits for investors, but before we decide to use the money we to invest in ICO projects, we must remember that a lot is certain if between the projects some will fail or even project ico fraud.
If you are interested in joining an ico project, first make sure the website and also a white paper about their project, usually the website and whitepaper they have contains information about the project, and what the goals of the project are. The website and white paper will explain who are the people who are part of the project team, and what their relevant experiences are, a roadmap that explains the project execution plan, their vision and mission.
After that you decide to join or not.
If you are judging by what you read on the whitepaper or website, or the milestones you see on the roadmap, then you will be misled most often when taking decision to invest. Firstly, look at the team thoroughly if they are real or not. Check if they attend blockchain/crypto events for instance, check their LinkedIn profile etc. Also, check if there is an MVP or product, this shows how serious a project is. Look at the project backings too. The website and white paper shouldn't be the only things to help you research, even though they are important. For instance, a plagiarised whitepaper already indicates a scam project. |
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Considering that most people nowadays often find it hard to store and protect their cryptocurrencies, it's best to delegate the responsibility to a middleman. A bank of crypto would fit the bill nicely, as people would be able to secure their cryptocurrencies without ever having to follow the necessary precautions to prevent hacks or theft. As long as the bank of crypto is highly regulated by the government, then it'll be here to stay for a long time. Still though, not everyone will agree to this as it greatly defeats the whole purpose of crypto and Blockchain technology. The idea of a bank providing crypto services would only prove to be viable for newcomers into cryptocurrency. People who're experienced in crypto, wouldn't need this in the first place. Nonetheless, do you think that a Bank of Crypto will happen anytime soon? If so, why?  I don't really think there will ever be any bank of crypto, it's crystal clear that it opposes the original purpose of crypto in the first place. Banks stand as middleman hence the p2p transactions in crypto will be a failure and also will you be trusting the bank with your private keys? That's way risky in my opinion. |
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I was just going through the ANN Threads and found this ANN on Swirge Project: https://bitcointalk.org/index.php?topic=5187495.0Haven't done much research on it. But it looks like the team are adopting the same format as Steemit.com. And the rewards in posting on steemit right now is very down as steem price is down too. So is Swirge.com a new upcoming better alternative? Or just another crappy project  The new crypto Facebook? I don't really think the swirge project can stand a chance to compete with steemit, after going through it, even though I'm no longer a big fan of steemit (they killed their platform with annoying ads). Alternatives like publishox are trying a lil, although not compared to steemit still. I'm looking forward to see a better alternative (crypto project for publishing articles), for now I do more publishing mainly on medium. I thought minds project could compete with steemit to no avail, smoke.io was a joke too. |
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Yes people hate KYC but when it comes to dealing with huge amount of money they don't mind to do the verification, most of them are hating KYC because the uncertainty whether the other party can be trusted or not and if it's a popular exchange that demands the KYC usually they don't mind. Most of the time as I've seen one of factor that makes DEX lacking liquidity is probably the fact that it's kinda complicated to use for some people. Despite offering more security and didn't demand something like KYC people still finds centralized exchange a lot more convenient than DEX but it seems 2020 the DEX will turn the table I'll be waiting aswell.
I really hope all crypto enthusiasts switch over to DEX but there are so many limitations which need amendment. Many people (especially those with much funds) will prefer to do the KYC on reputable exchanges with huge volumes rather than wasting their time on DEX with very poor volume comparatively. We keep saying DEX are secure, but people do not only look at security before choosing an exchange, they consider other factors. |
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but, it doesnt continue to decline the price. ethereum increases 2x from low at early 2019. $ 90 to 180$ right now
2x increasing can indicate that the bottom has been passed. we wont be lower that bottom in the future
yeah i know this is still not good as end of 2017, at least it still can increase its price even 2x
From all indications ETH will move up in price with time, many people are already carried away by the staking function in anticipation of ETH 2.0. I think the number of people dumping are way lower compared to the number of people holding ETH, so it's a positive sign. Well, this is just speculation, the market will decide in the long run. |
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I believe that every good lesson starts with a good story and on this note, I want to tell you about the experience I had that made me cautious of "Get rich quick" schemes online especially those pertaining to Cryptocurrencies.
I discovered Bitcoin in early 2013 and although I didn't take it seriously at first, I was earning little money from it doing tasks online (pay for view, faucets and such), I took it more as a hobby and never intended on selling the bitcoin, I just knew in my heart that it would do great so I wanted to accumulate as much as possible without having to spend my money buying it (this was before I got into mining), fast forward to 2015 when the money doubling schemes were everywhere, I kept seeing adverts online and even though I knew better, I decided to invest in one of them (Avabitcoin) with the coins I got from my early days of discovering bitcoin, Avabitcoin was a platform where you invest bitcoin and they supposedly invest it and return profits to you on a daily basis, I decided to take the risk and invested for the first day, got back my money plus 12% profit, and greed overtook me and I did kept doing it for 2 more weeks before they vanished with my funds. I kept going all in even when I had already doubled my money.
If you want to avoid getting scammed online, you just have to follow the following:
Greed: Greed has led a lot of people straight to rekt, like my story above would have told you, I couldn't resist the pull of greed even when I had doubled my funds.
HYIPs: When it looks too good to be true, then it's probably too good to be true, when you see any investments that promise high yield returns, please stay far away from them, when you see genuine projects that offers returns, most of their returns are so low, some of them are average of 10% per annum and it's a wonder that we see platforms offering 10% and above in a day and we gladly jump straight into rekt, like I said, if it sounds too good to be true, then it's too good to be true.
FOMO: If not for the hype that Avabitcoin generated, I would not have invested in it in 2015, learn how to DYOR and avoid what others have to say about projects they seem to support, infact your mindset should be that everybody is trying to rip you off so if you always look at every hyped project with that mindset, you would have a clearer picture of the project without the blindfold of FOMO.
Rushing: Avoid rushing into any investment because you heard it's paying others, one of the virtues of a Cryptocurrency investor is patience, Cryptocurrency investments are high risk investments and you have to treat it like gambling, never invest more than you can afford to lose, never go all in on any project no matter how good it looks.
If you have any similar experience, please kindly share it, it might help others (especially the newbies to avoid being scammed by shady projects out there.
The biggest factor getting people scammed easily is greed. I remember losing funds on an old HYIP called RichmondBerks which claimed to invest our funds in real estates (it was a big lie). I lost 3000$+ in that scheme and from there I learnt the hard way. Crypto investment needs patience and proper strategies, there is no shortcut. Learn how to spot good projects, learn TA for trading purpose, involve in bounties etc , that's the way forward. |
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Aside from monetary incentives in crypto, I rarely come across discussions pertaining to why the average enthusiast in crypto is involved with crypto. While the answer may be pretty straightforward, there are some outliers.
Crypto means much more than just monetary incentives, it's essentially a technical revolution that has involved the masses, something you and I can be apart of. Ultimately, that's probably one of my greatest interests for blockchain and crypto. Another big intrigue for me is the evolution of blockchain tech in itself. I've been around for quite sometime and have witnessed the evolution of cryptos, businesses, behaviors and attitudes.
These 2 factors, along with several others, are the reasons I continue to be involved on a community and business level with crypto. It's become a hobby, passion and business for me.
Some years back when a mentor introduced me to crypto, it all sounded like a joke but I still put in interest. After learning about the decentralized nature of crypto and the underlying technology (blockchain), my interest soared higher and I wanted to know more. Then I started with faucets , trying to generate some free coins. Principally I'm involved in crypto because I truly believe it's the future of transactions and it's going to ameliorate the finance sector. More to that, I believe my holdings will worth it some day looking at the investment aspect. |
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