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The dangerous shitcoins have no product but some sort of prototype that's about to go live. They have tons of marketing and slick graphics. They may also have a white paper that is well done. The lack of product is the one tell tell sign that you have to be careful.
I would just add an even bigger warning sign is a whitepaper written very poorly with bad grammar or poor English. Another sign to lookout for is a development team that is anonymous, i.e. no faces to their profiles, no LinkedIn additions, or simply a background that speaks of knowing little about the supposed product. |
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Rebranding looks great, name too, let's go Huzu!
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Short answer, no, not at this time. But I feel there could come a time in the future when some alternative cryptos that have no actual purpose or reason to exist, could drop off the map and disappear completely.
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Assuming that bitcoin and ripple are both in the top 3 coin included into the market cap no matter how much the gap between the two is, ripple faces a lot less political opposition since it was made by the banks so it may succeed rather than bitcoin
Ripple seems to be a topic that brings a lot of heated discussion, it's either much loved or detested. Part of the problem is its centralized nature, a nature that runs contrary to the ethos that Bitcoin upholds. Personally I believe Bitcoin has a lot more intrinsic value, partly for its status as being the original crypto and partly for its untapped potential to end the enslavement of mankind to a banking system that is flawed and corrupted. |
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The market goes up and it goes down, it's a natural cycle. Even though these markets are not tangible, it's almost like they have feelings, emotions and can be influenced. Let BTC take a breather for now, it had a supercharged run last year, time for a break.
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I have the table bookmarked as well, please don't stop the great work for all us bounty hunters. it's much appreciated!
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A project with great potential.
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Yeah it's definitely not as volatile as before but a bit of stability is needed I think. Predictions for end of year are quite conservative, somewhere in the 17-20000 region.
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What's the point in distributing 2% towards bounties??
Those people will flip the tokens as soon as they get them, and it's usually much less people than it looks like due to multi-account.
Also the quality of the post is very low even for hero and "legendary" members.
If I had a coin I would never ever distribute part of the tokens towards bounties; I'd see that as a kick in the nuts to legit ICO participants.
bounties are promising for those who's after such kind of sudden profit. i never liked the word bounty though, it's feels like a joke or a cheap trick to attract attention of the masses I'd have to agree with your opinion of the word bounty- I think over the years the word's meaning has changed quite a bit. The original meaning was about a treasure, or riches, and nowadays I think of Dog the bounty hunter who's chasing after criminals.  Nevertheless, bounties provide a good way for ICO's to get their name out there, an increasingly difficult problem with the amount of ICO's these days. |
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Hi, try and provide useful posts and not strictly one-liners. Just a small tip but may help you to accumulate things like merit and maybe followers. Good luck!
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To simplify everything, never buy a green candle and buy when "there's blood on the streets" as Warren Buffet says. When there's despondency, depression and Cryptotwitter is full of people bashing each other and saying they're gonna quit, that's when to buy. Daytrading is a different beast altogether, balls of steel you'll need.
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If we break 8k this month,I'd be surprised, hopeful it will happen.
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In his book "An Altcoin Trader's Handbook" Nick Patel advises to check:
1.Coins: the intrinsic properties of coin, such as its block reward, coin supply, premine etc.
2.Exchanges: which, volume etc.
3.Block explorers and rich-lists: you will dig into how to spot accumulation and smart-money.
4.Community: social media presence, marketing, responsiveness and approability, etc
5.Development: whitepapers, roadmap, websites, wallets, github etc.
For him it is the five pilliars of fundamental analys.
I would definitely agree with these five must-have requirements. Familiarize yourself with what a reputable whitepaper looks like, for instance, has it been plagiarized, how fastidious is the attention to detail, are there spelling or grammatical errors? These small clues provide a lot of insight into the type of company they may be. Also thoroughly research developers' backgrounds-is there substance and depth to their resumes or is there an opportunistic chance for a scam artist? Be really careful with new ICO's as the blockchain road has been littered with investors being scammed of their cash. |
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I'd personally recommend Binance to buy Bitcoin, I feel their customer service is better than most and they take a vested interest in their customers. They're always quick with updates on social platforms if there are site updates or technical upgrades.
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The mindset that comes with quick big gains is that it'll happen again soon and when it doesn't traders get annoyed and start selling for losses. Slow and steady is way more agreeable for a trader although the adrenaline rush of making a quick 10% with a giant green candle is hard to resist at times.
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