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This is one of the reason yоu nееd tо undеrstаnd thе cоncеpt bеhind cryptоcurrеncy, it is vоlаtilе in nаturе аnd yоu shоuld аlwаys put thе аmоunt yоu аrе аblе tо аffоrd tо lооsе... My аdvisе is fоr yоu tо still hоld sоmе оf thе cоins yоu bеliеvе still hаvе futurе аnd оppоrtunity tо grоw bеcаusе i bеliеvе mоst оf thеm will still mооn.... Dоnt givе up...
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Update
Looks like I have a solemn announcement to make...
It appears that the bounty hunters should now pass KYC to receive their rewards from MTV. I was just made aware of this a couple hours ago and I've been trying to come up with some solutions. I'm sorry if you feel cheated for your one week of work, it was an unexpected event that just happened.
So after talking with the devs, it seems like you'll need to do the following to receive your bounty rewards.
1. Register on the website here.
2. Pass KYC via the dashboard there, you'll be notified if you passed or were rejected within 48 hours (if not, please pm me).
3. Post your email address here, as well with your role on the spreadsheet and I'll replace your eth address with your email one.
4. Then after the 4 weeks, tokens will be sent to anyone who has a valid account and passed KYC.
And once again, I apologize for any wasted efforts.
My email address is : Oniadelekan1@gmail.comKYC status: waiting for team approval Joined signature campaign, NO 30 on signature campaign. |
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You have to get things right when you are talking about loss in crypto market. Its possible to say that you lose your money if you were unable to get back your capital but if you get back your capital then you didn't lose anything. For the sake of clarity its not the best thing to say you lost your profit because you already have your capital with you.
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Now all the markets are crashing down and I don't know what to do with my altcoins. My briefcase fell 30% in a couple of days. I'm afraid I might lose more. Selling or hodl?
Don't panic whenever there is a slide in your portfolio, just hold your altcoins and come back for your gains. I believe any investor is craving for better tomorrow. So if you believe in better tomorrow then you won't sell at loss. |
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ICO is still very much alive in 2018. Its true that there are lot of scam ICOs out there but there are some ICOs that sell out in minutes. That tells you that ICO is still very much alive in 2018.
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Yes, some free things are scam. For instance airdrops has been the main channel to scam people in the crypto world. Most of the airdrops ask for contributions from the airdroppers in order to get their token fast. Some of them will ask for 0.01 ETH and after airdroppers send the fund to their wallet then they disappear.
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I think its safer to keep your money in bank because of the volatile nature of cryptocurrency, if you invest $500 in crypto its possible your money go down in value to $200 bit when its in bank then you will still have your $500.
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Sometimes its profitable to buy newly listed coins because the price can soar when listed. For me I think participation in ICO is the best because you will get huge bonus on what you purchase so you can sell the bonus when it hit exchange.
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A lot of those that move out of cryptocurrency world are those that believe they will become rich overnight, they want to get rich quick and when they didn't get what they want they then decide to quit because they have lost a lot of money in crypto.
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Yes, the news came out yesterday that ethereum is not a security token, I was actually expecting that new to make the cryptocurrency go a little bit green but it doesn't really have any effect on the entire crypto market.
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Trading is a game and a very risky one. You said people should recommend some coins for you to make gains and not losses. I tell you there is no trader that have not recorded any loss since the inception of cryptocurrency. Therefore trading is not a win win game but a lose and win game.
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I do check the price of my Cryptos nearly every hour because its good to be updated about the price of the Cryptos you are hodling because if someone doesn't check frequently the price might have increased and the person will miss out.
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Yes I believe in the rating by some ICO rating websites like Icodrop and ICObench. Those two websites have reputable experts in the crypto world that will do research on all the ICO before they give it rating. Most of the time their rating is not 100% sure but their rating do achieve 80-90% sometimes.
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With the recent hack, I assume a lot of people will switch to something else, what do you think?
I still recommend using a hardware wallet over the safety benefits though.
Yes, hardware wallet is secure if you want to store your digital wallet. Hardware wallet will never expose your private key so you are not liable to be hacked if you are using hardware wallet. I use hardware wallet and I feel secured with it. |
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I personally don't like to keep my coins on exchange no matter how strong that exchange because hackers are always after all crypto exchanges and if someone have his or her own coin on exchange when hacked then all coin will lost. So I prefer to store my coin in wallet and not exchange because I feel unsecured on exchange.
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Ethereum is a good investment but I can advise you to try split your investment on at least five coins, with that you will increase the chance to make more profit on those investments.
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Not at all, ICOs have a dubious way of populating their telegram group to attract a lot of investors to them. Some do add bot in their telegram group, some of them just add people randomly without joining at their own will. Telegram is no more the yardstick to measure the success of an ICO because there are lot of dubious ways to populate telegram group.
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I’m new to the crypto world, I have some bad experience yet but I’m being educated little-by-little, based on my experience here in crypto world. I notice that some users when they see that bitcoin and ethereum coin had a very bad drop, so does the token, they are selling almost 70% of their holdings of that token. And I have experienced that when the market goes down, so does the token doing some panic sell. May I ask, is it advisable to sell the tokens you hold, when the price of your token goes really down?
No, its not advisable to sell your crypto when the price really go down. The cryptocurrency world is volatile and its difficult to predict the future of any coin. It is possible for the coin you sold at 50% loss to have some gains later in the future. So when there is a huge loss, patience is the key. |
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Some people quit there job for crypto because they make more money in crypto than their main job. I think its good to follow ones heart. For me, I participate in bounty campaigns and its time consuming so I decided to quit my job for it.
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I also wonder sometimes about the machine they use for the KYC check. A lot of people submit fake ID and the machine will still confirm the fake ID as original one. In my own view I think all those KYC are not genuine.
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