Although it's a bi riskier now, a good ICO will eventually lead to larger profits over a certain period of time. The rate of return on some coins are insane, much more than bitcoin. Finding that key ICO is a dream for most investors, it's kind of like betting on a horse.
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Alt hodlers are not selling, they are hodling! No need to panic just yet the road ahead is very promising. Facebook has started to allow crypto ads again and are probably going to enter the blockchain market by releasing their own coin. After that, everyone else will follow
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A lot of ICOs are very similar so it is difficult to back the winning project. If there is something unique and really stands out then it will still attract the right investors, i think new exchanges will often meet soft caps, but not coins that are just a store of value.
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It can be very tiring, especially when they decide to extend the deadlines and reduce the payment terms. Earning merit is also not easy but not impossible. Often if you identify a scam it is rewarded with merit.
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Risky but a good move, Tron is being hyped up a lot and they are definitely moving forwards. A lot of projects are just slowly plodding along and it seems like nothing is happening. with Tron they are doing something big at least every month to maintain investor interest
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EOS - too centralized ADA - still just a promise NEO - progress has been too slow KMD - I like this one but still can't compare to ETC
NEO progress too slow?! I think that is incorrect. It has been 1 year exactly and it already has ICOs running on it's platform. The speed of the transactions is faster than ethereum and their signups are less scammy than the ethereum ones. NEO will benefit the most if ethereum falls.
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It's a good question as it is a very vague area on how much advice is given to the project. Are they just giving phone advice when they need help, or are they actually following everything and tell people what to do and how. More transparency is needed when listing advisors
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I hate it when people post links to bad news, we already know that the market is diving so we don't need to read more about it here. It's probably just trying to push the markets down a bit more in order to make a nice easy purchase at low prices
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It is always good to set your targets to be higher than you need. If the desire is to get 2 bitcoins per year then aim for 3 and be happy when you get 2.1 BTC. The real challenge of course is how to get 2.1 bitcoins without throwing all your hard earned cash into coinbase
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The good thing about trading on large exchanges is that they have enough funds to cover any losses suffered by their traders. They have indeed promised to refund all affected users and i'm sure they will tighten security after this
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The benefit of choosing higher ranked campaign managers is that they are likely to be more experienced at picking good campaigns to support, they don't want to waste their time either. However, it doesn't guarantee success as they too might get scammed in the end
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It is best to check the rules of the campaign. Some allow you to leave and retain your stakes, whereas other say you must stick with them throughout the duration of the campaign. The longer it goes, the more stakes you gain - unless you are a junior in which case shorter campaigns are better
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For those that want a gambling coin but without the regulation that comes with it, check out WAGERR which does P2P betting on major sporting events, privacy & anonymity, hugely successful ICO, product is usable now! It won't get on IDEX but at least you can have some fun with it
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I think most of us that have participated in bounty campaigns have felt the brunt of a failed ICO. All that work and nothing to show for it, but that is sadly the risk of joining these bounties. Research is needed to pick good ones and hope they meet the softcap
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Stop checking blockfolio dude, you will simply get depressed at all the red figures. Wait until we start a proper bull run, not these traps we keep seeing these days but a solid run. You will feel much better when the green candles are back!
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Those are some good basic tips, bitconnect was a hugely successful ponzi for early investors but a horrifying experience at the end as is the case of all ponzi schemes. Googling the team members for anything more than a social media profile would help to ensure they are real people.
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Choose all social media, twitter and facebook are popular ones but reddit is also appearing on many bounty campaigns. With these you can participate on multiple projects, but for signature you can only do one project for many weeks.
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Panic sellers are all over the crypto market which is why it is so volatile. When mt gox moves a few thousand bitcoins there is a massive dump due to panic sellers cashing out before a price drop. I have panic sold and learned from my mistakes, hodl good coins as they will always go up!
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Due to the increasing number of coins it is becoming more difficult predict the next big thing. My guess will be ethereum classic as it has just been confirmed as a new listing for coinbase. Also NEO will mature this year and follow ETH to be worth several hundred dollars
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Ripple is too unstable to use for transferring funds, they will probably use tether or another type of stable coin instead. Imagine transferring 1 million in ripple and then after one week it is only worth 500,000. This is bad for business
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