One should not think cryptocurrency is a means of becoming riches quick. It may be possible in the past wherein even shitcoins got high price. But nowadays, investors and traders are very much aware about crypto market, and they want to play on a safe side so as to avoid losses. So one should wait for long to get profit from the market.
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For me, first of all the project itself should be good and potential. Only then, the project can attract as many as investors. For me, it does not matter on which exchange, a potential project launches its IEO. What matters for me is the project should be legit and should have enough potentiality to grow in the future.
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Yes I have much belief and hope in Bittorrent coin. Price predictor has also taken the coin a good investment project, while it describes other so called good coins like ripple, monero, tron, ethereum and many other coins a bad investment. I think investment in bittorrent is a good and smart idea.
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In everything, there exists bad thing. So think scam projects are such bad aspect of the good and revolutionary cryptocurrency. It is obviously true that scam projects have affected crypto world. But eventually bad things will disappear. So to be saved from scam projects, we must be aware.
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No there is not any strict measure to protect ourselves from scammers other than we become much aware about crypto fraud, fraud projects. Indeed regulations will help control crypto fraud. Still then there maybe scammers. So it is a better way to educate ourselves about cryptocurrency and do research before investing and doing bounty campaigns.
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Until recently, I had a positive opinion on Ethereum. But my mind has changed after reading the article and after seeing bitcoin rising and ethereum not rising on a par with bitcoin. Now I can say that bitcoin is most secured and profitable investment. I doubt other coins than bitcoin will exist in the market in the future.
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Any amount of money is good to invest in Binance Coin as the coin is most profitable and promising one to hold. So I suggest investing in BNB. Now price of BNB is down. You can invest as much as funds in BNB rather than other coins. I have found only BNB and bitcoin for investment.
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Yes I like your idea to stop promoting scam projects. The trend is anybody can launch crypto projects just by showing whitepaper, team and other things. Finance is most essential to launch any project. But most of crypto projects do not have their personal funds to promote their projects. All depends on fundraising, which may lead to a scam project.
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I cannot agree 100 percent with you. ICO and IEO are just a means of collecting funds to fund a crypto project. There are many legit projects that depend on ICO to collect funds. ICO and IEO cannot determine which project is legit or not.
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Unfortunately, I have not involved in both staking or mining. I have bad experience with mining. I once mined electroneum on my Android mobile, and got some 300 electronium tokens. But when my mobile got formatted, I lost all of my coins. After that I did not mine any coins.
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Good news for the JEX token holders as there is no doubt that Binance Coin will soar in the coming days. I wish I could have held JEX tokens. So I could get BNB coins. I do not think that JEX exchange is competitor of Binance exchange.
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Digibyte is a good coin and has many future prospect. So choosing digibyte is a good decision. There are also other coins that are promising. Some of them are cindicator, tron, ethereum, Binance Coin, ADAB, Sessia, OmiseGo, EOS, ripple.
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There are many coins that I would buy when their price is low. Bitcoin, ethereum, Binance Coin, Sessia, Miracle tele etc are some of the coins I have put priority to buy. I am sure that price of all of these coins will increase over time.
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I will again say bitcoin. Bitcoin will hit $50000 in the future. I cannot say the exact date when bitcoin will increase by five times. Another coin that will increase by many times is Binance Coin. BNB is a very promising coin and it will hit $100 by the end of 2020.
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I won't buy altcoins if price of bitcoin soars. It is because altcoin season has not started yet. At present, price of altcoins does not rise as compared to bitcoin. And when price of bitcoin decreases, price of altcoins declines at double rate. Rather I would buy stable coin and buy bitcoin again when its price declines.
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I do not think there are any other exchanges better than binance. Performance of binance exchange is very good and its popularity is growing day by day. So I obviously pick Binance exchange for trading. Talking about hacking, it will obviously affect reputation of an exchange. But this is not a sole criteria to judge an exchange.
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I have many reasons to buy bitcoin and ethereum. Most of the coins in the market are based on bitcoin and ethereum platforms so far. Likewise, these two coins provide investment security more than others. These two coins will keep dominating the entire crypto market. So I go for the two coins.
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Bitcoin has taken over the value of altcoins. Altcoins have suffered from double whammy. price of altcoins will decrease when price of bitcoin decreases at the same rate. But when price of bitcoin increases, price of altcoins will not increase at the same rate. So altcoins have always suffered.
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I am amazed at this growth rate of Binance Coin. So I have to commit that BNB will become the hero coin of exchange in the future. Seeing growth of BNB in the recent past, I can say that BNB will reach $100 by the end of 2021.
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IEO is only a means of collecting funds to support goals of a crypto project. It is an advanced form of ICO. IEO gives more investment security as it is launched on exchanges and get listed on the same exchanges. So I think IEO will become popular over time.
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