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Either coronavirus or not, this is meant to happen, it's just like history repeating itself, coronavirus is just a coincidence to the crypto market. But I think it's time for the panic to stop, let's be patient and the market will bounce back. There is coronavirus, yes! It affected market, yes! But the panic is too much. Am sure the market will be back in matter of months. It's just to be patient.
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This is a very good question, why? Many bounty hunters hold tokens even more than investors, some Dev don't even distribute token until the Dev and investors are done dumping and before they distribute, the token have already become shitty or even delisted from exchange. Some Dev even lock tokens to avoid hunters from dumping, so if token become shitty, how is that the hunters doing? This is really a good topic, Dev should take there minds off blaming hunters for there failed projects.
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Well, crypto is not as shitty as you see it, in this world, many people turn out to be bad while others are good, these makes them create shitcoins to scam people and probably if you have fallen victim of such scam coin, you will feel it's same with the whole crypto space. There are so much good coins out there. Only if you do your research properly and be patient for profit.
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Investing in cryptocurrency is very good, but all depends on how you want it, long term, scalping and all sorts, but it's best to also determine risk factor.. most importantly look at the project whitepaper and do more research on the project before you invest. Also take note of the team. But my best bet is invest in projects that have stayed long in the market, new projects got high risk.
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There is always another season in cryptocurrency, if you miss out now, be rest assured to not miss out on the next season... But I think this is the time to buy and hold for another bull season.. crypto is all about analysis, patient and making profit when you can. Don't feel bad about missing out of profit opportunity, there is more opportunities to come in cryptocurrency space.
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There are altcoins that is worth holding for a longer time, only if you do a thorough research, you will notice they are worth holding for a loner time, only that many fear taking risk. there are some risk that is worth taking and at the end it is worth it. The point is, do a thorough research before thinking of holding any altcoin for too long.
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I think if a project failed, it's as a result of poor management or the team intentions is just to cash out. Alot help the project to survive like partnership, strong marketing skills and so on. And when it comes to bounty hunters, not all are selfish, many hunters also work with a project for the success of it. Many hold there tokens till it turns shit and even developers dump on hunters, and so many to name a few. The main point is, if a project fails to deliver it is neither the Dev or the hunters. All depends on the intention. We have seen cases of hunters and airdroppers dumping a token and the project still stays stronger. So I think most times, it's all depends on the Dev management.
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There is a new cryptocurrency called the Daehaminguk Shaniya Yoona (DSY) out. It is the future of cryptocurrency and it is the official currency of the Democratic Republic of Daehaminguk Shaniya. Trade it and try it out!
Very funny name and short write-up, why not write a good article on this project, or even drop links to sites and channels for interested members do more research on it. Thousands of projects out there, and everyone needs to be very careful joining and investing.. anyway, will Google this to know more about this project, but definitely not trying it out like you stated. Enough loss for me. |
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Bounty alone is definitely not enough, trading, investing in good projects can actually also fetch good money, this is only when you look for the right project, will suggest old projects, doing bounty alone is not advisable, also offline jobs is also good, but if you can't get profitable offline jobs, then you can do Monday re of airdrops as well, if you have capital, go for trading cryptocurrency or invest in reliable projects or even hold some btc and eth long term.
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There is always a future with cryptocurrency, as my believe goes, cryptocurrency can never die. Each year, it keeps waxing strong and more awareness to it is being created. With the pandemic, it has nothing to do with the future of cryptocurrency, it's just an occurrence that will pass away in no time. It affected the world and so is cryptocurrency also affected, cryptocurrency future is very strong while the pandemic will fade away.
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This is unimaginable... And yet many blame it on coronavirus... Coronavirus is just an epidermic.. has nothing to do with cryptocurrency.. if it dies, it won't be this huge to cause massive dump.. this is the kind of info people need to be aware of how the market works. That account should be traced and frozen and culprit locked up forever.. it's so annoying how people do things like this and still get conscience to work on the street. Not considering investors. |
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I am learning not to hold tokens, my wallet is full of shit, I used to think and ask myself, which project have survived the last 2years? Still dev blame hunters for dumping there tokens, while most if us become holders and still the project dies without hunters dumping. Anyway, hunters are beginning to stop holding till they are sure the project will survive at long run.
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Not all altcoin is bad, many altcoins in the market have someway proven to be very good. They have been existing for years and still waxing strong. Many altcoins can only be bad if proven to be so. Many who rate altcoin bad may not have done good research before investing, and when they loose to one or two, all others becomes same. Point is, before you invest in any altcoin, be sure to have carried out research on the coin. Not all altcoin is bad.
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Alot of blogs and articles are referencing the facts that the present dip in prices is related to corona virus outbreak. But I do not believe so
I believe It's not just the virus, all these things were going to happen,
the virus just lit the match and acted as a catalyst
You are perfectly correct, in some way, but truth be told, many crypto whales live in China and if they have such outbreak of virus, then it will definitely affect the crypto market, it's all over the news on how it's affected the economy and as many has said, I still believe one way or another, it has a great impact in market/economy. Hopefully this pass and the crypto space gain back it's balance. |
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