A little discussion about the market. Do you have belief in this market? In my country, people are frightening when the capitalization is reducing dramatically, many of whom have drawn out from the market. And some experts suggest that people should only invest in 20 coins which have the highest capitalization, and stay away from the low-capital ones. What is your opinion about this?
I do agree that in this kind of market, it's better to put your money in the coin with highest market capitalization because they are more likely to survive rather than the low marketcap one but it's not guaranted either. And whether you should continue to put your money into this market or not always according on your risk appetite and confidence. If you are not confidence in this market future than you should look for other kind of investment.
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I see a lots of ICO with the use of their coins are similar. They raised money, got them and ran away.
While most of them don't run away with the money but they often don't meet the deadline and haven't released anything since the ico. You can see that there's a lot of icos from mid 2017 that haven't released anything and the same can be said from the 2018 one. They are just hyping people up, collect too much money and are too lazy to run the project now. Older project is better because the fund is limited and the other way to raise money is to raise the coin value by running the projects well.
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I get into crypto because i need other kind of investment beside stocks and bitcoin or crypto in general seems like a good speculation back then in early 2017. Definitely a right choice because i managed to earn quite a lot until last january before the crash happened. To be honest i don't care that much about the tech as i only care about the gain.
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Seems the market is more manipulated that ever before with Options trading. Everyone is "holding" out and waiting to see but do you think it will really come? I lean to it being more steady increase over time that some mass crazy rise like last year.
Everyone seems to be waiting for another great bullrun but something like that won't happen that often, and we are experiencing crash because of that so of course the market will need a lot of time to stabilize and that can take more than one year. If you are holding a heavy bag then you have to wait for quite a long time.
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Of course they should, there's too much casual people here that's still new to investment and they are a good prey for scam ico. I've seen a lot of people lost their money because they put it in scam ico and that can be avoided or at least reduced if we have regulation regarding ico.
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Thousand will be too much but there won't be only one crypto as there's different crypto with different usage. They have to be the best in their category to survive in the future, right now there's too much coin but actually only a few of them that already has working product, the rest is still a whitepaper only project and they won't survive for long.
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There seems to be a new wave of ICOs coming up again. The crypto market also appears to be getting ready for a bull run. I am wondering if buying some decent ICOs will be wise at this point. Will be glad if those who are knowledgeable of past market cycles can advice me on this.
I appreciate all reasoned contributions
Haven't you see that a lot of icos from last year can't even hold their promise and haven't release the platform yet you are still going to blindly put your money into icos? Personally i will only invest in the ico that already has beta at the time of the ico so i know that the team has the capability to run the project.
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Hi.can someone tell me if KYC is ok ? what could be the effects of doing it especially in bounties/airdrops, they are requiring to pass KYC before joining
It's not about you though, kyc is done for the project as there's regulations about investor from certain countries and if they want to avoid trouble later they have to avoid people from that countries so they have to know where's the origin of their investor. For airdrop and bounty, they do that to prevent multiple account from getting the bounty or airdrop.
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It is because the rise itself is not based on a healthy grow but it is because of the hype caused by the media and people who are greedy. It is common to see something that rise quickly to fall in a short time and people should see this coming. I myself afraid when i saw the pump in december so i decided to cash out most of my crypto and my guess is right.
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I don't have any plan to add new alt into my portfolio as right i only have eth, bitcoin and sxdt. There's too much unproven icos that make it a high risk investment if you want to put your money there so right now i'll just stick with spectre that already running and generating dividend every week.
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We are in the final quarter of the year Everyone should be at alert now, lots of projects will suddenly collapse, pump and dump,with plans to collect people's btc and ethereum and cash out money for the end of the year Then they will run away and get away with funds.....
A word is enough for the wise
I prefer to invest in proven icos instead of regular coins. Because this kind of icos suddenly rise and bring you a huge benefit. This brings along that the risk is great. And how many actually this proven icos exist this year? honestly i don't find it worth to invest in ico anymore in this kind of market, icos is good when bullrun because the fomo will help driving the price up but when the market is in downward trend, there's no demand and the coin price is going to fall. Scalping is good if you want to make money, but if you are a holders then get ready to hold your crypto for a very long time.
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That was the collapse of ETH, because most of the airdrop and bounty programs were through the ERC-20 platform. Do you think the same thing happened?
If eth collapse then of course all erc20 token will follow if they don't do anything but i am sure that the developer will prevent that from happening and they will have backup plan like switching to another chain like neo maybe and offer token swap. You shouldn't worry as the developer will find a way to keep the project alive, just make sure to follow the latest news so you won't get left behind.
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They are different coin with different purposes and you can't compare them with just the marketcap, eth is used for smart contract and xrp is more like digital currency type. Xrp has more coin in circulating supply and the dev still has a lot more locked coin that can bump the marketcap even more so you shouldn't use marketcap as an indicator of how good a coin is, especially in crypto where project with huge hype is overvalued.
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I think crypto will be here for more than 10 years but you shouldn't expect that it will go up the whole time, like right now we are experiencing crash and set back but i believe in one or two year the market will recover and begin to grow again. I still have faith in crypto, although right now i only has a little crypto asset but when i see the crash is over i will start to accumulate again.
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It's open source so everyone can fork and make their own coin if they have different ideas and it's not like everyone will agree and use that fork, if no one use that fork then it will be useless and it's the same case with bitcoin cash, it's not its fault that the market is going down, people have to blame something for the drop in the market and the fork happen at similiar time.
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We can't do anything about it because this is there's no regulation yet for crypto and you can't stop someone from scamming others, the only thing that we can do is increasing our Knowledge so we can avoid getting scammed. They will stop scamming if the cost is higher than the result that they can get.
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The price is deterimed by demand of supply on the market and when an ico collect too much money then there will be no demand left on exchange that will cause the price to go down. Ico used to sold out before everyone can buy so they have to buy it at exchange if they want the coin and create more demand.
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I want to know how you relate the risks to profits? What is the determining factor for you to sell or buy coins? How many of you are trading short-term?
I don't trade that often anymore and now i only focus on holding for a long time, and to spread the risk, i invest in stocks and crypto so even if crypto is still in the bear market my portofolio won't be affected that much. You should set a target when you buy the coin to determine when you will sell it otherwise you'll lose your opportunity to sell.
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There's indeed a lot of scammers in crypto but you should do the research yourself if you want to invest in something because that's your money involved. Ico rating site isn't that good because their judgment might be different from yours and i myself never use it. It's good if you want to see different opinion regarding the ico but you should do the main research yourself.
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I learn about crypto in 2015 but at that time i don't think much about crypto and i only started to get into it on 2017 and it was still considered early. I don't regret anything as i manage to earn quite a lot of money from crypto in only a year and half, although right now the price is bad but at least you can still earn money from it.
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