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mostly my asset from bounty campaign now, i am believe with this token someday could hit good price when cryptocurrency market already recovered. although it really make me stress but i will let it go. i dont want my effort get unworthed reward so i am prefer to hold it. but i am planned to buy some major coins when market drop again.
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It is better to stay away from altcoins for now and to accumulate or buy more Bitcoin before the halving. If you still want to invest in altcoins then you should invest in ETH and LINK. The chances of these two coins to explode is very high when the next Bull run arrives. They both have been consistently performing in Bear market.
i do the same thing with you dude, link and ethereum were good coins that have strong support and also investors in cryptocurrency market.if we see recent pullback after drop sharply these coins have good gains. link bounce 100% from lowest price. i think if down again i will buy link and also bitcoin as my portofolio. |
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Right now every corner of the world is filled with fear. No one is left out so everyone will have his/her share of the effect of this pandemic. No one knows when this will stop and as it seems now it might take a while. Everything will surely be affected even those that are not supposed to be affected.
extreme fear not happen in around the world. finance market colapse when investors prefer to sell their assets and hold fiat. corona recovery will need long time to finish, everyday in any countries occur new cases and this i that make all people feel fear. maybe it will finish when medicine to stop virus. |
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I think if you are true supporter of the tech and your coin then you should always buy the crashes like happened today this will help support the price but as a result you would have accumulated more coins and your average entry price would also improve so it is a win win for community members.
continuesly buying when market crashes was very dangerous if suddenly market have no confidence again and crypto market back to the beginning which is all price still in cents. we must wise when using our money to buying coins even it is bitcoin. no one give us guarantee that price will rebound and we get profit. |
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personally i am prefer loss opportunity than lose my money. profit only temporary moment, and my money more important than it. some traders and investors tempted when they see price suddenly drop sharply and looks like cheap, eventhough this is the start of bearish trend. i am sure at this moment there are alot traders loss alot when they feel price already hit bottom.
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Befoee thinking of setting up a project, any developer should have think it through. It's always good to have developed your idea and test it before coming to anouce a project and also for funding. But opposite is the case . Developers just write something on paper and then start a project and start asking for funding . After a while they now say they didn't meet their expectations.
indeed at this time many developers are like that, they are only concerned with raising funds while the planned projects and concepts are not too mature so that many investors are disappointed and prefer not to invest again. so that finally made the name cryptocurrency not good anymore because many people do scam. there are must discussion group from blockchain expert which is reviewing project worth to launch or not. if there is no reviewing from outside of developer, they will careless about project quality and all concept just written in paper only,,not applied in their developtment. this kind of projects will create investors fearlessness to invest their money. |
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I personally do not think so, those who have lost money because shitcoins happen because of their own mistakes why not be more careful to choose projects to be promoted and invested, this incident also happened to me and with experience that at least has been experienced I just need to introspect myself to not be easy trust any promise that is there, because when we want to strive for our time and money then it should be more individualized research is the most important thing to avoid losses due to other scam projects and shitcoins.
they will always blame another people to hide their mistake. and bounty hunter always be the object for price dumping, meanwhile many of bounty hunter also invest their money into project. mosf of people didnt understad their own mistake in analizing project dna research willl be the key to avoid scam projects. |
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i am focus on only 3 or 4 altcoin only, this amount will help to find the newest update from developers team. in my opinion ADA will be on top list , this coin will launch sheley mainet and also its price really cheap now. dont forget to look at ethereum price, now its aroun $188 and still has possibility down to $155 .and another good coin in cheap price were litecoin and binance.
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yes this has an adverse effect on crypto I also saw them promoting their project in this forum, and I thought everything would run smoothly, apparently not they are also part of the scamer, as well as projects featured such as Miracle tele last year where the project was interesting enough a lot of investor interest, but led to a scam.
Though BCNEX is not scam yet but their activities are very suspicious! They are selling a new IEO token by holding people's funds on the exchange, just ridiculous! I already moved on from BCNEX! Miracle Tele was totally disappointed! I never thought they can scam that way! Such a unique project that was, even I topped up money in my sim through Miracletele. totally i am not using bcnex again, although i didnt participate in bounty or anything else but when i heard customer withdrawl rejected many time, i am decided to stop using bcnex. even local moderator could not explain about it, he just said wait to us. miracletele team able deceive investors by creating good whitepaper. |
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There's another reason behind this sudden downtrend of the market and its not because of the covid-19 outbreak.
Some people are connecting the market's situation in this illness because its a global issue that might affect the economy of each country.
If you started to sell your assets to buy medicines or goods in relation to this virus then it will have an impact to the market depending how many coins you sell.
i think there are two reason why market suddenly crash, corona virus and tokenplus scamming that sold around 12k bitcoin. market be panic when they see soo many bitcoin sold in market, they just worry whales quit from cryptocurrency. and it not happen to crypto market, finance market also feel fear with this corona virus. people maybe prefer hold fiat to fullfill their need to overcome this virus. |
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personally i am prefer to quit from market for a while till bad news from corona subsided and price will touch on level that i want. at current price ,i see there is possibility to down again. previously i am hold ADA and BNB and looks like my decision to sell it right, price now drop alot. maybe if i still hold i will suffered lost loss. and i am planning to buy back again in this end month.
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its not only on exchanges telegram group but they spreaded in any crypto telegram group. they trying to find victim by creating many offer to telegram member .for example in bounty thread, they offer to buy token reward with good price . victim that didnt understand the risk ofcourse will interested this offer. they didnt need to wait long time to exchange their token. it just simple example how scammer will work in telegram group.
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Marketing really helps a project to gain new investors, if it is just a good project and no marketing it will not survive. Marketing, exposure and partnership is very important in this industry. As an investor I look into that fields, active projects has more chances to success.
not only to attract investors, good company will make the best marketing activity to attract consumer that will use their product. in crypto market , developer team must able to arrange best marketing plan so more people will interested to invest the money and also use their product. without this, impossible to be success and stand for long time. |
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corona viruses will create many people be jobless, their companies got direct impact from corona virus. product sold will decrease alot , since many countries strict import from another countries. in this condition , salary or income will not enough to fill their need,moreover for investment. if this condition continue , finance market will crashing again and market in the worst condition ever.
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I bought more Litecoin at $61 a few weeks ago, then watched its price rise to the low 80s.
Then everyone started shitting themselves over this Corona Virus bullshit, so the price retreated to $60 again. If I'd been able to predict the future I'd have sold at $80 and bought back in at $60, but I didn't.
So I lost some profits. Farq.
no need to worry if you hold litecoin which is as major coin in crypto market.its price will rise again in near future when all fundamental support crypto market. we know if current price compared with all time high its really cheap now , and hold for long time will make your assets value increase again . |
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I think it's just a pump. a new coin that has recently appeared on the market is very influenced by the news. Now WRX pumped very quickly, but in a few days, you will see its dump. don't buy it right now. the best thing is to wait
its has same condition with MBL and VIDT that suddenly pump when they participate in binance community voting. we were late in flash pump i am sure we will trapped in loss again, only early trader that quickly respons good news from India Supreme COurt will take profit. its good fundamental for wazirx but we must becarefull to buying this token. wazirx case different with MBL or VIDT case. if these tokens pumped by exchanges reason, wazirx has different reason this is really correlated with fundamental in wazirx operation place. regulation in its countries now support for wazir operation , there is no more fear about banning or other reason.investors feel confidence if in their countries regulation support and now its happen to wzir exchange. |
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I know it's not easy to be a project developer because everything takes a long time for them to achieve their goals, maybe dev or team should provide information about their project process to the point where investors or bounty hunters know if the development process is not short. Also, I don't like a project to give false hope to the community so they don't keep asking about it.
ofcourse its very difficult to build good projects. developers team must build best team which is have experience and good skill blockchain skill. mostly now dev team did not have solid team that able deliver good product that accepted by crypto community. transparency will be obligation to keep investors trust , monthly update must deliver to them so they will understand the process. |
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we have two good news now for market recovery and bullish trend. halving and unban from india government will give more confidence for cryptocurrency investors. when all price in deep and good news coming it could be main trigger now. several months again we will bitcoin trying to recovery to its all time high. |
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only good campaign and bonafide that will disposed to use escrow. they have their own fund to promote their project and didnt depend on tokensale result. so they will continue the project although didnt even reach softcap. but usually this kind of campaign only provide small allocation cause the want price stable in market.
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For those asking if Bitcoin is the only coin that with halving capability the answer is no, many coins have this feature as well
1. On August 5 2019 LTC completed it's second halving
2. On January 4 2020 BEAM completed it's first halving
3. Both BSV and BCH halving will take place in April 2020
4. Zcash halving will happen around November- December 2020
5. BCD (Bitcoin Diamond) halving will take place on 29 July 2020
The list goes on and on, some are even holding few altcoins that will halve later on but they don't know it, DYOR
I have really learnt a lot from this forum so far. I understand bitcoin halving is all about reducing fees associated with Bitcointalk transactions if am correct. Never knew there are other coins that are also undergoing halving too. Thats quite a good research you did there and this kinda post is what many newbies and investors hope to see here. Kudos its not correllated with bitcointalk transaction. halving mean , mining fee will devide by two for each block. each coins have their own mechanisme that maybe similar with halving, but they will do the different thing. from coins above BCH and BSV will look interesting in market. as we know these coins have extreme volatility , i am sure there are alot traders floating minus when they dont know this fundamental. |
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