My portfolios are full of many coins including shitcoins and good ones. I have got some of them from bounty campaigns and some from my investments. However, I am planning to sell off my shitcoins and hold only good and potential coins. Holding potential coins will give profits in the long run.
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We cannot trust any cryptocurrency project easily and we cannot give them our KYC information. Reports say that our KYC information maybe misused for personal interest, which is very dangerous. So for me, I often stay away from providing KYC information to any projects until I research to find the project is legit or not. So we must be vigilant.
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It is obvious that bull run is good for crypto traders and there are high chances for them to earn profits from the bullish trend. But traders must look to other ways to earn even when the market is experiencing bearish trend. One of the best ways to earn even during bear run is day to day trading.
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Governments and the people in power are still shying away to accept the existence of cryptocurrency. They argue that cryptocurrency encourages illegal activities and terrorism. But in fact, cryptocurrency will assist transaction and make lives of the people easier. But no matter government comes hard on privacy coins or other coins, there is difficulties in controlling it.
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My shopping list is bigger than yours. I want to add some more coins I like. My list of coins I will purchase is Bitcoin, Ethereum, Binance Coin, Ripple, Cardano, NEO, OMG, Sessia, ETHPlode. Among them, my first priority goes to BTC, ETH, and BNB.
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For me, only holding coins is not a solution to avoid loss or get profits from the crypto market. I think learning to have crypto trading and knowledge and take steps to get ways to get profit will be a wise idea. If one is suffering loss, he or she may switches to day to day trading for profit.
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First of all, Facebook launching its digital coin called Libra is uncertain as the matter is not approved by the US. And another thing is that many people want to keep Libra if it is launched irrespective the coin going against decentralism. So I think Libra will have a great impact in the market.
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I do not know much more about crypto exchanges. I have my trading experience with bittrex, coinall, coineal, bitforex, hitbtc. But among them, I have found bittrex very cool. In my view, its trading, withdrawal fees are low as compared with other exchanges. Coinall is also easy even for beginners.
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Your opinion may be right. But good projects have always value, and they take time to develop. Traders and bounty hunters are often in haste to sell their coins upon hitting exchanges. They need results from a project in a short time. But it is not the fact. Any project needs time to develop, and we have to wait.
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It seems that the market cycle has changed, and the people are giving bitcoin much value. It means that institutional traders are also interested in bitcoin. But this cycle may be altered. And altcoins will have their opportunity to rise. I do not care about it, but I keep holding altcoins.
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My experience is that I have been given nothing for my hard works by some projects on the pretext of either they failed to raise targeted amount of money or they deliberately did not pay. Of course I would get a bit disappointed. But again I raise myself and move ahead to work for good projects. I have also found some good projects too. So do not quit.
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It is natural to pay for using service. Crypto exchanges are there to offer us services. They have given us the platform to trade coins. So for their service, they take certain amount of charge. But the matter to take into account is that why all exchanges charge the same amount? So it is necessary to fix the same amount of charge.
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How the crypto market will react now? President Trump's statement against bitcoin and cryptocurrency. Trump for the first time come out openly against cryptocurrency. The US is one of the countries having a large share of cryptocurrency market. What will be future implication following Trump coming down heavily on cryptocurrency?
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Everybody are keen on buying Libra coin I think. Facebook is so much popular and is being used by millions of people across the globe. So its users want to get Libra coin for various purpose. Libra coin is stable coin. Its value will not fluctuate unlike other coins. So many people want to buy this coin for various purposes given by Facebook. I am desperately waiting for Libra.
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It maybe they find telegram more convenience and a platform where a lot of investors frequent. Lately, I have seen a project has thousands of followers on its telegram where they can interact with management team directly. I think in bounty talk thread, it takes long time for project team to respond. So telegram has become popular for promoting a project.
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We all know every crypto project has its own rules and regulations. But it is still not reasonable to lock token earned by bounty hunters for their hardwork on the ground that bounty hunters will help dump price of a coin, which is not true. A crypto project must state beforehand that bounty tokens will be locked for specified time. Bounty hunters should also research thoroughly before promoting any project.
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Your action shows your destiny. So it is always essential to find a good project for bounty hunters to earn what they expect from crypto projects. In general, bounty hunters rush for a project offering a large amount of token allocation without research. I want to add some good projects as well. Sessia, Bitbond Sto etc.
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Marketing has been an integral part of promoting any project. And it is true that no matter how good a project is, its promotion is always essential. It will be helpful for a project to get a success if it reaches as many as investors. So advertisement is essential. You are right, conference, interaction with investors and people are necessary for advertisement of a project, apart from bounty campaigns and airdrops.
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There are many instances my friends and others have missed some tokens due to their failure to get updated about the project they belong to. One of my friends told me that he lost $3000 worth of tokens due to his failure to swap tokens in set timeline. So it is necessary to get updated about any project. Otherwise you may pay price.
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