Some people are now afraid of investing into cryptocurrency why because it’s not fully approved by the government that’s why some investors are afraid to buy or invest and there are a lot of scammers all over trying to spoil the name of crypto.
Those are the fair reasons why many doesn't want to invest in crypto. Lack of understanding, lack of experience, scared of the possible scammers and others who fear of having no government to validate if its safe to invest with. We just have to forget them if they are afraid to invest in crypto, this is risk taking and we can win or lose depending on our risk tolerance. |
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There is no sign of recovery now. Then XRP has been trying to grab second of the position. I also believe that it will replace ETH for second. The encryption pattern is about to change in the future. But the market is far from recovery. Let's wait together.
XRP grabbed the position of ETH @ #2 and if this will take places for a week or two then XRP will be the new #2. Sad to say and agree with that, we are far from recovery right now and there's no way to know when it will. Many are saddened with the current market situation and this will keep on moving to an unpredictable movement until it goes better. |
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So right now sir , the best thing to do is to collect and join a lot of worthy airdrops and campaigns ?
I just said collect and it depends on your strategy on how you would collect those notable coins with your choice. Joining airdrops and bounties depends on your decision. Many of those are starting to fall in numbers as legit campaigns and free coins so if you are into this way of collecting, always check those if they are legit. You can buy if you have spare money which is the best and easiest way of collecting. |
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You sure are an ADA lover.
Yes, you can buy it right now as you want to have it. Just seen the chart of it and I guess we have the same opinion of having it. But I'm not going to buy it. It has a good market cap and that's look stable than other coin, not a stable coin that I mean.
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This is just what I can say, Study carefully the crypto currency and research every ICO Campaign to avoid being victimized by scammers. We should learn from our mistakes because that is the key to our success!
Many bounties and ICOs are boldly scam today. And by just staying in this section, you'll see different stories on how they've come up with those scam campaigns. Learn from the experience of others and get yourself a favor of doing research before joining any campaign that you think suits your standards. |
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It is natural to fluctuate. Bitcoin doesn't have stable price and it keeps on moving depending on the news, demand and other factors that affects its price.
There's no body of government that dictates its price so as a decentralized cryptocurrency, store of value and investment, it is bound to fluctuate.
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How can bitcoin doesn't really have value but ethereum has just because of those ICO's? Let's say some of those ICOs are valuable because they are successful but count also those scam ICOs that just robbed people's money. I'm moved that you said bitcoin doesn't really have value but in reality its the one that gives every coin the path on where they should go.
We saw bitcoin went down, alts went down too.
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Those people that are thinking that the end of bitcoin are only basing with the short term falls. But they never looked at the long run of bitcoin and the past of it.
If they will start looking on it, they will be amazed on how bitcoin survived all of those times and made it to the high and still 1/4 of the rose that it made last bull run.
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Do.
Do your own research and analysis about the market.
Do invest only what you afford to lose.
Don'ts
Don't be so gullible with fake news and don't ever panic when the market starts to crash.
Simple reminders but effective if applied.
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That can be done by the regulators. we have no chance to do something. But if the core developer of tokenization platform can try to put more restriction to create asset just like it must be verified by the regulators and sounds look so good for me personally. That was i thought about that.
The first concern should be the investors, they have an option to pursue or stop their participation to that project. As said by the person above who replied to my post earlier, having an intervention from the government is no good for those that doesn't want them to get involved. But for investors, having them is of a good purpose and protection. |
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In fact, it is now very difficult to make good money on bounty, because there are very few worthy projects and there are more participants in them!
Bounties nowadays are now more into free advertising. If the project fails, they will return the money of their investors and has a rule that if their project succeeds, distribution will happen. That's one unfortunate rule for bounties so speaking about the rewards there, it's not really worth anymore unlike few years ago. |
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This is the choice of each and every person who starts investing into a cryptocurrency understands the risks associated with the fact that he can simply lose all his money
Let's assume that they understand the risk but those people that do really understand the risk of volatility is few. And most of them are scared because of their experience of investing online through scams and they are misunderstanding that crypto's are like that. Though there really are scams out there but investing to legit coins like bitcoin, they don't think of it as legit because their mindsets are close. |
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I think there should be a way the industry can go about it without relying on a centralized organization like SEC, I think if DAICO concept can be implemented it will go a long way in bringing more sanity to the ICO market.
I've heard of DAICO and it was suggested by Vitalik, I think this is pretty good. Actually there are many other ideas that are given by investors too. But if its going to be better than the current ICO system, you guys should look at the most important part and that is investing to the trustworthy ICO and people that are running the ICO. I understand the need of having no intervention with a third party / government agency. |
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the possibility of an increase in the end of this year is difficult but I have fully believed that the market will begin to recover in mid-December
Give more time for the market to recover, almost a month is sufficient but better to give more time for it. I'm now pushing the 2019 as going to be the year of redemption for the crypto market. A time for recovery and there would be no more reason for all of us to keep on complaining to the market. Let's take this 10%-90% of lose as part of our experience and if more than that is our profits then be grateful that you surpass this entire challenging year. Did you expect this FUD to be ended in a short time? i guess no. Mining hash power has been moving to the bitcoin cash. Bitmain is ready to deploy 90k new mining rig to mine bitcoin cash. This will always become the main problem in the POW system because it can be manipulated. This is why i hate POW system even its truly decentralized. That's one problem with this war. They are into war against Bitcoin SV and Bitcoin ABC so hash rate decreased for them to be able to show Craig Wright that they can show him that they not the underdog with this fight. As I've said, give more time for bitcoin to have its own recovery process. |
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the possibility of an increase in the end of this year is difficult but I have fully believed that the market will begin to recover in mid-December
Give more time for the market to recover, almost a month is sufficient but better to give more time for it. I'm now pushing the 2019 as going to be the year of redemption for the crypto market. A time for recovery and there would be no more reason for all of us to keep on complaining to the market. Let's take this 10%-90% of lose as part of our experience and if more than that is our profits then be grateful that you surpass this entire challenging year. |
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We need a model that gives investors rights in decision making of a project
We have a lot of projects already and if each investors will have the right to make more projects, you'll see a very crowded marketplace for these projects. we need a system that will made project team to be accountable.
I agree on this. This should be the job for the SEC to register these ICO makers so they will be accountable if they are planning something bad for the money of the people. But there's also a concern that crypto's purpose will be gone if SEC will start to intervene. |
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I'm not really often checking price on there because I avoid the panic feeling. but if there is a good news about bitcoin or other alts, I will always check the coinmarketcap almost 7 times in one day.
I do that but more than 7 times per hour. I feel that there's something to explode and I usually check it each minute if I feel. I can't count on how many times I check it. With those good news, that's not working anymore because I've been checking it when there are possible good news. But sadly, I haven't seen some good pumps during those times. |
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You just need to choose the manager that you have to trust, though yes, everyone has a right to receive their reward correctly. But as long as they will put that rule which they have the right to change everything during the campaign, you can't do anything with that.
You can unite, there's no problem with that because that's all your rights to be treated correctly.
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Despite severe falls, crypto always seems to make a comeback. There are certain articles that say crypto will die a sudden death.
But apart from these negative speculations, I always see investments pooling in and startups encouraging and coming forward to use crypto.
What is your take? I haven't personally gained too much off late but I always shake it off as part of learning the trade.
Hoping to get some positive vibes that motivate me.
What's new with those articles that are giving negative review to cryptocurrencies? They are those people that probably don't have an idea to the potential of crypto's in the future. And they are the people too that really don't like cryptocurrencies because their investments and businesses are the ones that are competing against bitcoin and other crypto's. |
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I witnessed few weeks ago some Chinese guy, who are not allowed to enter the casino because he was drunk. I'm not really sure though if this is the main reason or maybe he is flagged as well. I'm a short tempered person as well, sometimes I blamed the person beside me for bringing me bad luck. Lol. But I never yelled or something, I just moved on the next slots or table and continue to play.
There are house rules that's being implemented inside the casino. And they don't want to cause ruckus if someone is drunk so they have to do it lightly or worst through the hardway. Luckily, I'm not that type of person who goes somewhere, mostly in a casino if I'm on that situation. I don't want to be humiliated and for sure I'll be remembered if I do that. |
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