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I will probably keep holding my positions even if it is tempting to exit as the BTC broke a major support, so it is to be expected that it will drop even more. And its movement should pull all the alts down as well. Damn, these two recent flash crashes were properly scary, but still, I am in for the long haul.
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We are all getting rekd. Do you imagine ETH falling to the double digit number? Half a year ago even the most pessimistic TA specialists wouldn't dare to predict something like this, but right now it is not out of the realm of possibilities. I doubt it will go so low, but crypto is keep surprising us, mostly negatively this year.
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Proof of joined post
Bitcointalk username: xOdiumNostrumx
Campaign in which you participate: Reddit, LinkedIn
ETH address: 0x9b9977d825BDB0dB5e1e31E897d3839a6AeAA5A6
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Absolutely not, unless you have access to exclusive deals aka private pre-sales where you are entitled to massive bonuses. But even in those cases you have to invest solely in projects that are well known and which have caught the attention of broader ICO audience. Only then you can be certain that after the initial listing the demand and liquidity will be there.
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In the grand scheme of things you are definitely not that late. You have avoided the ATH pump when most newcomers entered the market, so you are in a much better position as they are as you can invest in the market at much lower prices than they were able to.
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A plethora of bad investments for me this year and only one good one, 0chain, which is still way below its ICO price. This is particularly interesting if taking into consideration its partnership with NEO and some other strong projects. Recently it has had a solid consolidation, so it seems that it is ready to reach new levels.
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I think that the obligatory escrow of tokens is necessary. A credible and neutral escrow provider would solve the problem of teams not paying for received services. The transaction should of course happen before the start of the campaign.
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I didn't buy BTC per se, I bought ETH when it was around 300$ in summer 2017, for investment purposes. I first bought BTC couple of years earlier, when it was around 200-300$ but that was when I have had zero awareness about its functionality and investment potential so I have spent it without thinking about it.
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Its way too early to come to this conclusion. There is no consensus between the TA "specialists" about how low we will actually go, so it would probably be safer to stay out for a bit longer in case you exited your positions and you care for the short/mid term profits.
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I think that when the ICO market recovers, the amount of bounty opportunities will increase as well. But those insane days where basically 70% of ICOs reached their hard cap and went couple of x after reaching the market, disregarding the actual quality of the project, are probably over (at least in the short and mid term).
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