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I would not sell Cardano as well with loss as it is a very promising coin with excellent development team.
Sometimes we have to take hard decisions and take the loss and move on and not let that some of our
coins take us down with our investment.
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Altcoins are struggling more on the bearish market than BTC, but when the market start recovering and getting bullish the alts could produce higher profit as they are volatile and traders could benefit on that.
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During these years so many things has changed in crypto and we need different strategies for different
market cycles. The key for the success is to adopt to the constantly changing market situation.
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Not all the coins will recover. Those alts which has not active development will not recover even if the bullish market comes as they do not represent any value.
It is better to sell them if they have some value and not wait until they become near to zero.
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It is ideal when the product development determines the price but usually it not the case. We have to look the bigger picture and not only the price increase. It could be rewarding if we see the future value of a product and invest in it on time.
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During that year it was bearish market and it seems we have found the bottom and started a slow
recovery. Many scam ICO campaigns led to a new model of investing through IEOs.
Bounty campaigns are less rewarding as before.
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Exchanges list coins to make money on them and they are not asking the community about it.
When some of the coin become embarrassing then they involve the community and ask for
their opinion. They should not list shitcoins at all, we need to have a clear situation on the market.
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It is good that the community opinion matters and they asked their users before the decision was made.
What I do not like in this situation that some exchanges playing with investors money with listing
and with delisting as well. Not judging who is right or not, but the fight should not be over the
shoulder of the investors.
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The price of the tokens on the ETH platform are highly correlating to BTC and ETH and to the overall market
situation. Those tokens which represents value will increase for sure when the market recover.
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Almost everybody has opinion on crypto and that is legit. I believe in my eyes and watching how this
new technology evolve and changing our lives. And this is just the beginning, many more to come.
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I will reflect only on one of your statement out of many that altcoins are useless. We cannot make such conclusion based on that there are many scams and speculative coins. Beside them there are many alts which represents innovative ideas and have great future potential and value.
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Crypto needs self regulation to clear up the stuff which does not belong here.
It is not easy to regulate this market as it can happen that they over regulate it
that it will die.
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Doing the same things we cannot expect different result.
We have to have different strategies in our bag for different market situations and try to take the most out of it.
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Holding them as they have no value at the moment and for some of them I have hopes that once they will recover.
The others are written off.
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Lot of market manipulators out there who wants to buy cheap coins and doing all the tricks how to manipulate the market .
We have to be careful and not to fall into their traps. Always make research before selling your coins in panic.
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The famous SWIFT will be replaced with blockchain technology for sure.
Banks are willing to change to the new technology as they see it`s benefits.
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The market is in a recovering phase but these micro pumps we are phasing are still not strong enough
to move us on a bullish area. We need fresh capital to enter the market for that.
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So far, IEOs were successful in 2019 and some of them were done for literally in 10 seconds. That shows
that there is still interest in investing but investors do not want to be scammed by ICOs anymore.
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Competition is generally a good thing. Many new projects are copycats and not offering new solutions.
The market will take care and only the active projects with original ideas will survive.
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