To be able to avoid the scams, we must be smarter, more careful, and more details in analyzing an ICO. Well, the legit ICO and scams are always same. What makes different is about the way they display the team members and wallet transaction on etherscan and other checking wallet online. That is why I always check them carefully. besides, be active in the community, whether the telegram and other social media. But of course, it will not guarantee us not to be scammed.
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There are the huge existence and coming of the ICO, as you said. They may be legit and also scams. I think that their existence also will give influence on the worth of the crypto itself. Too many coins and tokens with the low price so far. Should wait for more years in order to make the market as at least in 2017. I don't think that all new coins will be promising. some will be dead and some may survive and worthier for the future.
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Bitcoin is still better than Litecoin. This is what on my mind laways. We know that Litecoin is also a very promising coin with its high trust. However, BTC stil holds the most trusted coin to be invested during this bearish market to get their bullrun. Of course with that amount, you may only get some points of BTC with the high fee. But this is your choice.
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Yes it will. But, it may not be able to apply in all kinds of payment method. Because this world is very wide and this has numerous different countries with different culture and systems. That is why only for certain payment for universal or advanced system of the companies that can use crypto as the payment.
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Personally, I will choose the low token supply. Why? The limited or low token supply will make the coins (with the interesting and promising cocnept) be able to grow and increase easier. It probably will have the difficult amount, but, it will not make the price so easily drop.
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Why everyone only ask about the death of ICOs? What do you think of the ICO project? ICO is only one of the project promotion in order to spread to all communities and investors. If you are sure that the ICO projects have the great and real product concept, why should only see the progress of the market right now? Mostly, ICO is for long-term investment, not for short term investment, where when it is listed, you must get the big profits, not at all.
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The worst mistake that I have ever had is being so panic in making decision. I have hold the coins for more than a year and when the price is drastically dropped, I became panic and led me to sell the coin sin the wrong time with very small price. That is why I didn't like being panic. Holding the altcoin swill make me do some mistakes if I'm not being patient, holding the wrong coins, and also always staring at the market progress.
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Well, actually to be involved in crypto world, there is not only for the person who knows about technology. I personally am not a tech person. But, when a friend told me about the cyrpto world and I started learning, I can enter in this crypto world easily. This is about the way and desire to learn something. prove with your work and result and tell them simply.
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The ETH faces its challenging market since 2018. Now, the price of ETH is still not sure, it doesn't reach $200. Well, actually I really feel sad of the progress of ETH o the market. This is a very promising and trusted coin. However, it has very drastic drop likely down to the earth. Just have a very big hope that ETH can reach its own price in about $400 at least
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I guess so, it seems like the investors will need longer time to harvest the profits for the holding tokens or coins. So far, we can get the coins from trading. However, not all people will do this. But I also agree that this era if good for trading if you want to make faster profits.
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The Passive income that I can get in 2019, well I don't think so this early year. The passive income will occur when we get it after holding. Yeah, so far, the market still doesn't show the better progress. So, it will probably about the end year of 2019 to get my passive income.
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Well, actually the exchanges will really influence how the coin can develop. Listed on the trusted and popular exchanges can make the coin grow better. However for today market, it is a fact that the price of the coin after listing will always fall and decrease more than 95%. It is bad.
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Well, Ripple is a coin that brings the different concept. Now, this altcoin has defeated Ethereum and it has been in the second position of CMC. However, to defeat the Bitcoin, in what term? CMC or overall? I think that it will be very difficult to defeat the BTC.
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That is true. Every coin that is listed after the ICO will fall and drop drastically. In 2017, the decrease will only about -50%, no more. But last year and now, it will be about very drastically, down. They will always fall whatever the market situation. Therefore, I myself prefer to buy the coins listed and have the good volume and traffic.
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In fact, The Ethereum has decreased again. The position of ETH on the coin market cap has decreased into the third. Ripple has reached its better progress than ETH. However, the market is still changing. there is still a big chance for the ETH to replace the Ripple in the higher position.
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This time for shopping more cryptocurreencies. If I have some money, I will prefer to some following coins: - Ripple - Stellar -ETH - Tron - Doge - Dropil Well, I have some preference about what I will purchase. But the choices may be changing depending on what happen to the market next.
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Actually, I will not say about it because not all coins in this forkdelta is bad after listing on it. However, to tell the truth, most coins are worse after entering in this exchange. It has lower price than in the other exchange. this is so sad but I think this is fact. Moreover, we may find out many dead coins in this Forkdelta.
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That is what I do, I commonly will only buy some coins to diversify my money into some promising coins. Well, buying so much coin will give us more risks although it will give us more profits. I personally still consider what I can afford. I prefer to diversify my coins and then buy some coins although it is in the small amount.
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KYC is used for everyone that will be involved in the projects both buying or joining bounty. You know that KYC is not on;y for the bounty hunters. Exactly, KYC is used for the investors (including whoever or whales) when they are going to purchase the coins in a projects. But, we cannot do KYC process when buying the coins in the exchange.
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Well, whatever you said, it is clear that coin market cap is one of the most trusted sites for exchange. If you are talking about the dead coins, what about the their exchanges? I think that they have many more dead coins compared to CMC. Moreover, we can see how the criteria a coin is listed on the CMC.
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