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It's an outstanding post. I just wished this forum, particularly this particularly section can be more enriched with posts like this. It is not only detailed, but informative and inspiring. You can as well try to update with other types of wallets as they are lunched.
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There are lots of people that depend solely on bounty and airdrop, without no other source of income.
Most of them have been disappointed, because rewards are not coming as expected.
Too many ICOs turning out to be scam
So they cannot just cope with it again.
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Litecoin is one of the coins that I have longed cherished, considering its stability and much potentials.
Whenever the market is triggered to go uptrend, it moves with it and even without that, litecoin has recently shown that it is able to grow independently.
At a point, I was beginning to wonder what could be responsible for the surge in its price.
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No one should think of cryptocurrency lasting forever, because nothing on this planet earth has such attribute of nature to last forever.
Despite that, it does not mean that it will not last for long, because lasting for long is different from lasting forever.
Then you can also make good fortune out of it, no matter the time spent.
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Being positive does not eliminate being sensitive. We have to be very sensitive and alive to whatever we are doing in the crypto space.
Imagine seeing shot coins you are holding plummeting and you are positive about it. The holder might end up loosing.
One of the this I am positive about is seeing a good and impacting project, with a good community and a working team.
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I don't believe in ripple, so I don't think it can replace Ether in a long term period. ETHER will be the king of alts forever.
ETH will not be able to maintain the No. 1 position for too long in the future. In the next 2-3 years, a lot of altcoin is the rival of ETH, TRON, BNB, EOS ... If these 3 altcoin are growing so fast, I believe that ETH will soon go down to 3rd or 4th place. Growing so fast? Which metrics are you using? None of the networks you mentioned is even close to Ethereum, not even remotely close. Lol, perhaps he might have seen into the future and already seen or perceived what might happen. Ethereum is not yet on the first position and might find it hard to overtake bitcoin, but when you talk of the best altcoiin. Which means that presently, ethereum is on position two generally among others and xrp that is closer to it, might find it difficult to permanently replace eth. |
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If a coin is still very new to the market and it is having a low trading volume at the same time, I think it is a good time and avoid opportunity to acquire more.
Although, this is not applicable to all coins. Based on what I have seen so far, a coin that has a good product, perhaps actively under development and has such experience while listed, investors most times make good use of the opportunity, by acquiring more.
Remember that the bitcoin start on a low trading or even low supply before. It's up to the project admins and participants if they continue to develop this specific alternative coins. There are some have started with the big volumes and demands. You look so pathetic dude, how that can depends on the developer if they have raised a lot of money from the crowdsale? they must pay what they have got from the investors. The development is a must after they have been getting a lot of money. No one is making it mandatory for them yet and perhaps, that is why we cannot do anything about it, when they decide not to do the needful after listing. That not withstanding, we have our voices and our public appearances. The weapon used mist times for such, is to disseminate the info through social media and prevent other investors from falling victim of the same odd experience. |
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There are so many projects with lots of partnership, yet till now, they do not look any way successful.
A good project will make meaningful partnership, that would help it to grow in value.
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Cryptocurrency is just an alternative to fiat. It might not outrightly replace fiat. We might get to a stage, depending on the extent to which crypto has been adopted, it might be the mostly used.
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OP, you do not need to use derogatory words, instead of that, you can just advise them on their wrong doings.
Well, out might not like the disposition of some people, but that Fies not make them less.
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The team of Cardano need to do more,in order to be able to prove that I deed, they are better than ethereum. Ethereum will not die and it cannot gp into extinction, rather the only thing that can happen, is that projects using the platform might reduce.
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So many people who were formerly bounty hunter, have now decided to opt for trading and investment.
Sometimes bounty might be seen as a waste of time,but I also has its advantage. One of which is that, it makes you to the acquainted with trends in the space
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If this is possible, then such coin will have to be a centralized coin, because from all indications, a coin with a decentralized platform cannot have an infinite scalability.
Come to think of it, most coins that are highly scalable are centralized, let alone infinite scalability.
Well, it might be a breakthrough, because there has not been any of such nature.
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If you do not have more funds to buy LTC separately, instead of selling your ethereum fore LTC,
These two coins definitely worth investing in.
Recently, litecoin was seen growing wonderfully well, but that is not enough to think that it can be used to replaced with ethereum.
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The cryptocurrency market is presently in a correction stage, correcting its prices because of the massive bull run that happened late 2017 and the correction period is always longer than the increase period. Veteran's in the market understand this very well and are focused on buying the bottoms but the newbies are the ones complaining and nagging about the market prices.
Under normal circumstance, newbies are still learning, which is why they are prone to mistakes. So they need to be guided, most especially when it comes to investments. So, if a newbie complains, it means he does nit yet know, but needs to know. |
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Most projects that are good and at the same time, run both bounty and airdrop, they tend to succeed faster than projects that just run ICO, without any promotional work.
The project should also try every means possible, to update her social media, so as to keep investors abreast with latest developments and achievements.
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OP is in line. Some of those who expect short term profit from coins like that might end up being disappointed.
They are the ones that buy at high price and sell cheaply, because they cannot be patient enough to hold.
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So many project CEOs that turn out to be scam need to be apprehended.
It will serve as deterrent to other that intend or are planning to scam.
We need to find ways to get this reduced in the crypto space.
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Some coins claim to be stable, whereas they are not.
Some so called stable coins are just here to take investors money and at the end, you may not get the value for your money.
I see no reason to invest in a coin that claims to be stable, yet very volatile.
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There are so many already established coins, but if you are not a long term holder, it's better you do not just buy.
Whenever I need short term profit, I know the type of coins to invest in. Most of them are the new ones and that is the easiest and fastest way for me.
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