|
Just another shitcoin waiting to be dumped on new buyers. like i always know i don't just buy a coin just because the price just shot up by x100, i buy knowing the the project will be great in the long run
|
|
|
|
|
Nothing is over yet, it's actually just the beginning of a long journey of crytpocurrency world... i have been doing crypto trading for now 2 years and i believe there is still yet more to come... the world is still ignorant about crypto
|
|
|
|
Hey crypto-buddies,
I decided to create checklist for scam ICO´s
100% profitability - Guaranteed yield: any funds, ICO projects and investment platforms, that promise a stable interest are likely to be scammers. These are, as a rule, projects of cloud mining, casinos and projects related to binary options, as well as those where the sale of tokens is carried out according to the principles of net marketing: existing investors attract new ones. And, of course, the pyramids, in which old customers receive payments from the contributions of new customers, until the pyramid bursts ...
Celebrities: musicians, athletes, actors who can not know anything about the blockchain and the cryptowrold, and even more to be the guarantors of the fact that this is not a scam, seems exactly the opposite.. Celebrities are used to distract investors from the essence of the project, which is most likely dummy.
Team analysis - It is suspicious that a project team can not be found in social networks or when team members are not connected with each other.
Unintelligible concept - to check the concept you need to study white paper – document, where described the idea of the project and the purpose of raising money. In 90% of cases, scammers compile several documents, and the originals can be easily found in the Internet.
Structure of project costs - If 10% of the investments are reserved for team, 10% will require development, and for marketing will go 80%, then this is a guarantee of the scam. It is also strange if there is no plan for future "monetization" of the project, also a bad signal if there is noticed a lack of investors protection.
Token description - If it has less than two-three functions and it can be replaced by any other altcoin or bitcoin, then this is another bad signal.If the token is not integrated into the project economy, then probably its purpose is simply collecting money. While choosing a coin, you must first think about its use - who and why will buy and use this coin. The second - about the problems that this coin solves. If it does not have these signs - do not invest.
Project Code - It should be uploaded on GitHub and a simple research in the Internet can check the code for plagiat. If the project does not have a link to GitHub or topics on the Bitcointalk, it's a reason to think twice.
Legal structure - should be described in details and easily understandable (at least about the persons issuing tokens)
Investor´s rights -The rights of investors and their guarantees should be described.
The issue of tokens should be within reasonable limits and controlled
Great article about ICOs, i also always look out for a it's clear and realizable road map working product, if there is no working product for the ICO, i never invest on that ICO. |
|
|
|
i also bought lots of NXT when it was at it's all time high... up to now am still holding them, i hope in the long term the price will rise again otherwise it like i have even forgotten about it  |
|
|
|
|
You have forgotten the most important bit which is marketing and advertising. the main aim of the ICO is raising money and once you fail to advertise well and convince investors then you ICO will definitely fail
|
|
|
|
|
Look out for strong projects.... NEM would be number one on my list, Then we have Stellar Lumens, ADA is also a great project, Bitdegree and then maybe Cindicator... Long term, these projects are really great
|
|
|
|
Let be real. How many of you guys actually read the whitepaper? I read whitepaper sometimes, but reading multiple of them can be a burden and a headache. Do you guys got any tips on getting through whitepaper a little faster. It killing a lot of time. Thank.
When am interested in a project, i do try to ensure that i invest time in researching about it before i throw my money into it and one of the important parts of the research is to read the white paper |
|
|
|
I'm just hodling since the January drop. Stupid me I didn't sell enough of my coins that time. Just wondering what are you guys doing. Still holding or you pulled out your investments in the mean time?
No one can predict for sure but be rest assured that at acertain point, the market will bounce back on a bullish trend. it always happens every now and then |
|
|
|
Hello, what are the average behaviour which ICOs tends to follow when they come out to the market? This is what I saw so far: - Big ICOs which reach or get close to the hard cap: initial pump, then slow dump to ICO price or less
- Small ICOs: massive 99% dump at the very beginning moment, resulting usually in project death
Should the market opening price reflect the ICO price? What did you experienced? Some ICOs especially big once get sold out in private sales, pre sales and have white lists which involve even KYC to prevent investors from other countries from participating... this creates high demand fro the ICO once it hits the exchange. My understanding is in the initial stage, private investors and whales sell the Coins at a higher price to the willing public but as time goes on the price slowly corrects when the tokens reach new hands. |
|
|
|
Both Ripple and Litecoin has been doing greatly in the market of late with litecoin even outperforming other digital currencies at some point.
between the two, which one would you invest in and why?
Litecoin most definitely... Ripple looks kind of centralized which kills the meaning of a decentralized currency as one of the pillar points of cryptocurrencies. Also between jan and late feb Litecoin showed the potential by doubling in value even when the market looked bearish |
|
|
|
The whole market isn't doing well but as you know ether is a very great coin so i wouldn't even panic selling any of my Ethers... i would instead buy more... i think the new wave will take ETH to even 2000 usd |
|
|
|
|
There is no easier way to earn merit other than making insightful posts and on top of that... it's not a guarantee too... u just got ride on luck too that the people reading your content are appreciative
|
|
|
|
|
The whole market hasn't been doing good of late so i think it's a normal thing for it's price to drop. If you are a long term holder, there is no need to panic. as you have seen, the best time to buy coins is in the deep not when it has risen in price
|
|
|
|
|
I think the first step is to avoid visiting suspicious links and ending up getting phished... because once your private key is phished all the measures you will have done above will be useless.
|
|
|
|
|
The best exchanges at the moment are Binance and Kucoin without doubt. Very fast growth rate in terms of market cap and userbase. you can't even imagine that binance is just less than a year old
|
|
|
|
Calm down people, no need to panic on every price drip. The market will grow over time. The marketcap will be trillions in due time. Crypto is here to stay and is only getting stronger.  People who invest all their monies in cryptos are the ones always panicking... but if you have extra cash to survive on as you wait for the long dry run in the market to get over then there is no need to panic at all because cryptos are here to stay |
|
|
|
|
Not all ERC-20 token are shit. In business we mostly think only about profits but sometimes looses are also inevitable and just because a certain ERC-20 token of certain poorly coordinated project didn't give you any profits does not mean the rest of the other successful ERC20 tokens are also shit
|
|
|
|
|
If you are doing long term HODL then there is no need to even worry at all. Cryptocurrencies are still in their infant stages and your patience with them will soon reward you. Just keep on thing in mind. Invest what you can afford to do away for several months or even years
|
|
|
|
For me, the best social media to promote an ICO was facebook. Because face was access by every body so there was a large potential of customers on it. There many people will be informed about ICO.
Facebook may have the largest audience but the real crypto enthusiasts are not on facebook, You will find the largest audience of crypto lovers on reddit, bitcointalk, twitter and the likes. But platforms like facebook, instagram, whatsapp are not the best platforms to advertise your ICO as people in such platforms are all about other business |
|
|
|
Like the title says, i would like some feedback from the experts in this industry, so far i have gathered these 5 most important that seem to be used by everyone, can you add more ways?
1. Twitter
2. Reddit
3. This forum
4. Telegram
5. Slack (which i heard is full of scammers)
From my experience i would go for This forum, Twitter, Telegram and reddit... Facebook used to be good when it came to promoting ICO ads but i think the banned the advertising of ICOs on facebook which makes facebook not to future on my list |
|
|
|
|
Show Posts
