I'll hold my coins till the last. Ideally I want to see on a wallet that sum which is necessary to me. I hope I'll not need to withdraw money from cryptocurrencies because of the need, especially now the market is going through difficult times.
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I use ethereum mainly for investing in ICOs and for transferring money abroad. I also buy tokens in exchange for ethereum. And of course I'm holdeth in the long term.
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To make good money on airdrop, you need to spend a whole day on it and participate in each of them. I don't have that kind of time. Since most of the airdrops scam, then I stopped taking part in them.
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I think the best strategy is 50/50. But if the project is promising then hold is better. You also need to be able to sell tokens on pump. Selling on pumps is very effective, but it is difficult to predict.
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I doubt that prices will fall even lower. We have been at the same level for a long time. I hope that soon the market will begin to recover, but it is too early to talk about the pump.
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This is sad. Many people are already disappointed in cryptocurrencies. I am afraid that there will be no inflow of new investors in the market, then prices will constantly decline. People start to panic and withdraw their funds.
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When a person is set on the bad - he will always see it. If a person thinks constantly about good things, he is constantly haunted by good things. It is very difficult to enjoy life, but it is a necessary thing that everyone needs to learn.
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When choosing an ICO, I first look at the product. If the product makes life better - I will definitely use this product. I believe that the product is the most important thing for the project. It is very difficult to come up with a really useful product.
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Ethereum is the most promising altcoin and at the moment the price is very attractive. Of course, it is very difficult to invest when the market is so depressed, but I think that now it is necessary to do it.
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Personally, I and many of my friends who participate in bounty campaigns sometimes invest in ICOs. After all, bounty hunters are very close to cryptocurrencies, some trade on exchanges, many invest in the long term. Bounty hunter is the most targeted audience for ICOs.
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I am not afraid of what is happening in the market. This is the cryptocurrency market and similar phenomena often occur. I consider such moments as the opportunity to buy even more coins at a lower price.
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First, we need people who will buy these coins, because since 2018 we are seeing a large outflow of traders and investors. Also keep in mind that most projects will die due to lack of product. We need a new wave of hype around cryptocurrencies to attract new investors and money for the market to recover.
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I believe that if a person has a good job and gets a good salary, then why should he give up everything. Earning on cryptocurrencies is very unstable and sometimes you can even lose money. A reasonable choice is to combine the main work and cryptocurrencies.
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At the moment, it is very difficult to become rich quickly in cryptocurrencies. I have been in this field for about eight months and so far my investments are at a loss. But I believe that in the future we will have another wave of pump.
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My friend tried to persuade me into buying bitcoin when it cost$ 300 and I didn't. Later he tried to persuade me to buy ethereum when it cost$ 50 and I did not do it again. I did not believe in cryptocurrencies at that time and thought that they were just another pyramid.
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I sell coins if the project is not promising. I can also sell some of the coins I received from the bounty to invest in eth or the top 10 altcoins. But mostly my strategy is hold.
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I think it's best to choose bounty campaigns and long term. Short term is a very dangerous activity. A lot of my friends lost a lot of money. Especially now, when the market is a constant decline in prices.
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I also got caught on this hook twice. Team Token Suite recently engaged in fraudulent projects. I will no longer trust these managers and do not advise beginners to do it. I want managers to carefully choose the projects that will lead. It's a shame Token Suite supports scams.
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Apart from hackers, the cryptocurrency itself is very unstable. If you invested $ 1000 at any time you can lose half or more. But I don't trust banks either. I have invested in cryptocurrency 5% of my funds, the rest of the money I try to invest in real estate. Property for a very long time will not make a profit, but the property will even grandchildren - that's what the safety. As for the safety of funds in the cryptocurrency, hardware wallets are quite safe today. But I wouldn't worry too much about keeping the cryptocurrency on MEW. You just have to take precautions.
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I doubt that participating in airdrop can make good money, but a beginner is worth a try. This is a matter of luck, because a lot of aridrops scammers. Personally, I managed to earn $ 7 with airdrop.
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