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Cryptocurrency is definetely not a ponzi. It is so sad many people still see it this way... This digital currency, the wolrd is not reamining thesame and everything is moving forward. The earlier those who thinks it's ponzi realize it's not and invest in it the better because they will be left behind.
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I've read and heard a lot about the EOS project and I really do think it is worth investing. Investing in EOS is like having a shares in a company you get rewarded regularly. It is also like having a land and people get to pay you for rent space when using it. EOS is really a nice project.
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Diversification is key to any investment. It is commonly said... You don't put all your eggs in one basket and thats applicable even in the crypto space. you dont put in all your funds in one coin/token simply because you trust that coin so much. Something may come up and cause that project to fail or make it start suffering while other projects keeps flourishing. Always diversify.
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I don't think anything will happen to your coins when you leave them in wallet for years so long as you keep the private keys and passphrase safe then you are good. but if lost, I am not sure you will be able to reclaim your coins unless thy type of wallet you are using has a way around it. In summary, keep your private keys and passphrase safe.
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I will say it is Ethereum for me. Since I came to the crypto industry, I have always been carrying out transactions in Ethereum.. Most ICOs ask for Ethereum go buy their tokens an the Ethereum blockchain is simple enough to understand. So, Ethereum it is.
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Yeah I think... and talking about rank, The old system works with number of activities but it seems the new system only allow you to futher rank using the merit points and thats seeming hard to get. I will be glad if I can get a link to a thread talking about the merit system.
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I do think the crypto industry needs mass adoption, laws to allow investment in all countries, strict rule to project executives, projects will real use case is also needed. If the crypto industry can get these amongst others, I think the crypto industry will become a better place.
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Not all crypto coin will survive. If crypto should be accepted, then some projects will die down because they do not offer any real use case and such projects can't see investors coming in again. It will become a useless project because people will pursue real projects with use case.
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They are begining to see the potentails in the blockchain tech industry. Blockchain tech is the way forward.
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I always try to subscribe to newsletters from my favorite bounty campaign managers. I also try to google search for bounties when I get to hear of a new project, I just ask on google to know if there is bounty available for that particular project. I don't just jump in on any bounty... I try to do my own research to know if the bounty is worth it.
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Reading of whitepaper can be stressful and boring atimes.. but when interested in the project, you find it interesting and want to go on and on. A solid project cannot come up without a whitepaper and it's the duty of investors to read it and know what they are getting their funds involved in.
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Yes, I do understand your point... It is true not all coin/token will be on the rise... But if you believe in a project, I see no reason why you should sell off so soon just because you've gotten some percent gain out of it. Just take a look at EOS, EOS is like land whereby having it alone pays... Some other projects are like that.
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Wow... I must commend this. This has got to be the best crypto advise I've seen/heard this week. Thanks so much for this... Indeed, taking money out of alts to buy btc because we see BTC on the rise is wrong especially when you have the intention of coming back to buy the alt probably when you have made some percentage on the btc rise. Thanks for this advise.
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I don't think it is wise to sell off when the price of your token go down. As we know, you only lose when you sell. It is only wise for you to keep that token and wait for it to rise back... if you believe in a project, you shouldn't be in a haste to sell off their toekns.
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From what i've seen and read, most whitepapers are just sugar coating the project and nothing more. So I can't give any whitepaper a 100% as it might just be a way to further interest users about the project whereby the project might end up being a shitty one.
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I will say NEO for me.. The NEO blockchain will be a competitive one in the few coming years. NEO has got a strong smart contract platform which can be seen as an added advantage over Litecoin as it can help the NEO blockchain to do many things that the Litecoin cannot do. Thought with the lightning netwrok Litecoin tends to adapt in the coming future, it may be able to compete... but until then, NEO is better.
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There are so many exchanges where you can sell your tokens, first you have to check the exchange or exchanges they are currently trading and you move them there. We have centralized and decentralized exchanges that are good to trade you tokens.
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Well, you might be wrong as we have seen many good news and the market recovery started earlier than we thought. Instead of a market recovery in 2 years, we might be seeing an ATH twice in that two years. It's really tough to predict the crypto market these days as as the media and other bodies is now involved
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Having altcoins help you diversify your investment and you can get a particular coin doing better even when others seems to be losing certain % weekly. Diversity will help secure your investment. Altcoins have a better future especially those with real use case applicable to real life situation.
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I'll surely take profit out
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