Dont listen to random shillers, they will bury you with their pitches about "oh and oh" coins and their utopian promises of 100x in a year. Do your own research so if your investment fails, you can blame only yourself  |
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To get rewards for their efforts, plain and simple, there is no noble causes if you are implying those. But as some other people pointed out already, for projects this is basically free work force, as they have created their tokens from nothing and most of them are unable to sell all of them so that unsold chunk would be burned either way (in most situations), but as an alternative, they reward those tokens to bounty hunters.
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I am actually pleasantly surprised to see most people giving sound advises of investing your fiat into top coins and not shilling their bags of obscure tokens as you would usually see in this kind of threads. So yes, stick to the top horses for now, later with more knowledge and your own due diligence you can expand your holdings to some less known currencies and add a bigger risk factor to your portfolio.
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Well I am repeating myself, but I am a big fan of new gen infrastructure projects, so I would vote for Zilliqa, Icon, Cardano etc., even if I am not actively holding any of the aforementioned ones. I went down the even riskier path and got myself a portfolio of smaller cap coins that could explode in the bull.
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Those conditions that the OP has listed are the common ones when participating in the ICOs. And more and more serious projects will adopt those when doing rewards campaigns as it is better to possess those information if the regulatory standards change etc, so get used to it. But yes, its on them if they primarily claimed that the KYC is not necessary and then they changed their minds. But what is your option in this situation? Protest and dont do the KYC even if that means not getting your reward.
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I dont really remember the precise amount of it but I remember it felt good as I realized that it can be done and its not just a myth or an unreachable promised land. It was nothing crazy amount wise, but it was in tens of dollars, which is a decent amount for the standards of our county.
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Its almost impossible to "flip" ICOs in this market, so stick to the "buy the rumor, sell the news" strategy if you hunt for a short term profit. Its kinda eerie to see so many relatively well known mainly 2018 projects inhabiting places 200-500, the ones that have had so much promise and hype before their ICO, but they absolutely bombed on the market. So here is your opportunity, not ICOs.
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Well, it seems that they are definitely tired of getting wrecked when the token reaches the exchange. It would be ludicrous to continue with this activity if its continually burning you. There is so much stellar investing potential on the existing market right now, that ICOs have been pushed back on the priority list for most of the short/mid term profit hunters.
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That is why you have to invest a lot of your time (and expertise, experiences etc.) into exploring projects that are under the radar and could potentially push their way into the top 100. But if you prefer keeping it safe (or better put, safer), stick to the top 50 coins and you have a lot less chance to get burned.
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NEX uber alles  . I just saw their feature on CNBC with Ted Danson and I am even more bullish than I was before that. Apparently their next feature will be in FoxBusiness. Now, you cant beat that, can you. But yes, not to be too much off-topic, most of the 2018 ICOs were a major disappointment, but we can partially blame the bad market conditions for that. Some of them will rise from the ashes nonetheless, Phantasma is probably one of them. |
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If you are holding a nice chunk of crypto, its almost necessary to purchase a hardware wallet these days. But if the wallet is actually worth more than your holdings I would go for the option of holding your crypto on some well established exchange, Binance would be my first pick. I know that most people would recommend a hot/desktop wallet right after the hardware one but in these times when malicious software is getting more and more sophisticated its quite easy to loose the funds from hot wallets. On Binance you have more layers of security like the 2FA which is a must. And if there is a security breach, they will probably return your holdings as well (not in the situation if the breach was a consequence of your actions).
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Mostly back in the days when I was still day-trading on Bittrex so I would observe high gainers and where is the high concentration of people jumping on the pump train. It was not a PnD scheme per se, just large spikes that could be predicted sometimes. So yes, on some occasions I got stuck with a bag full of shitcoins because my spike predictions were not on point.
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I will pick top coins like ETH, XRP, XLM, DASH and NEO. I think it's very good time for us to buy that coins because i still confident in the end of this year all of that coins will rise untill x2-x3 from the current price.
Well these are definitely all very safe investments while waiting for the bull run but they probably wont be able to make you rich. For that you would have to choose some wildcards aka low/mid MC coins that you strongly believe in. No risk no reward (A hyperbole I know as investing in crypto is risk in itself). |
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