Hello,
I am new to this forum. I would like to ask if people have any good recommendations for ICO's worth investing in. Could you maybe share the name of the ICO and why you think it will succeed?
Many thanks.
This is too broad a question. If you feel like you need to ask this, my suggestion would be to not listen to suggestions on this forum, but rather to read up and reach a higher knowledge level. Then you will learn what to look for in an ICO to determine whether it can be trusted or not.
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it is not such a large amount that it would be divided into several coins, do not forget that during the exchange you will pay a fixed commission, which sometimes amounts to an impressive amount, I would advise you to buy bitcoin for the full amount
Well it's not small to the extent that you can create a portfolio consisting of like 4-5 coins. I would probably split it into 5 and allocate $100 for each coin. Especially now that the prices are low and are set to increase in the near future, you would definitely make some money.
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I don't see any depression, I just see the correction which is going to it's end
What is being corrected, exactly? The price falling back to the $10K levels after reaching $20K in the middle of December was "the correction" (whatever that means); but right now the prices are dropping because every single coin is dropping at the same time. The price is not correcting itself, it is falling.
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$1.5bn is no small amount. Really makes you wonder how patient these scammers were, you have to wait a considerable time for your seed generator to become popular and then extract all that money in one fell swoop. Sorry for people who lost their money, but we have to understand that owning coins is not like putting banknotes in your wallet; you have to remain vigilant at all times.
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This crash doesnt ended here,there will be another crash the total marketcap of cryptocurrencies are dropping slowly.
What makes you say that? Historically, the market has recovered after the decreases in January. And the prices have already started to recover. The indicators look like the numbers are hopefully going to continue to be green for a while.
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In my opinion, it's not good for a coin that its CEO is the face of this coin so much. With other coins, you rarely know who is the CEO, and you don't need to. Bringing the CEO this much to the forefront is taking away from the coin's popularity.
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Not nervous, but I think this crash set back the price progress by a couple of months, it's going to take quite some time for altcoins to recover. Other than that, I feel pretty confident that all prices will eventually bounce back.
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The way out of this is really simple, really. If you currently have altcoins right now, keep hodling (unless you have bitconnect, although getting rid of it right now wouldn't pay anything, since it has become practically worthless); if you have extra fiat money available, buy altcoins now that they are low.
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I've read up on Davor, even created an account myself, but decided not to invest any money. You've got to admit that it looks incredibly fishy. Even if you are not a scam, if you constantly have to remind and convince your user base that you are not a scam, this is a huge problem.
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I don't have anything to base this on, but I'm feeling like dogecoin may soon make a run. The new Chinese year is going to be the year of the dog, so I think people in Asia are picking up this coin as a novelty, which is leading to a price increase. The new year is supposed to start middle of February, so I feel like the price may increase until then.
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If anything, now might be the time to buy more, if you have confidence that the market will pick back up. Most altcoins hadn't been this low in a long time, so if you want to buy low and sell high, now is a great time to buy.
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Of course, people are not rational beings after all. When people panic, if you can keep your cool, you can make some nice decisions which will lead to some good profits for you. But since we are all humans, we may sometimes be affected by panic; nothing to be done about that.
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Just wondering, what does the fiat value of a coin have to do with the soundness of investing in it. A dollar invested in BTC will yield you the same as a dollar invested in a coin worth a penny if they both increase by the same percentage.
Because chances are, they won't increase by the same percentage. If you invest in a coin at 1 cent per coin, and if the coin has some promise, it is not extraordinary for the coin to reach 5 cents. Although the coin won't take off like bitcoin, your money just became 5x, which is impossible to get when you invest in bitcoin.
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I think it may not last for a few days, because the bad news from South Korea and China has always been there, and it is likely that the cryptocurrency market will need to fall in the short term.
Well if you are referring to the news about "South Korea will ban crypto", it's not bad news at all. They just said that they want to ban unregulated exchanges, which in my opinion is good news. And the initial FUD that was created because the news was published with titles like "Korea bans crypto" has already disappeared, in my opinion.
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I think so. Ethereum still has a lot of potential. Especially since nowadays the price has fallen down from the high point of $1300 a few days ago, I think Ethereum is the safest long term altcoin investment possible.
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I think we have to distinguish between initial success and long term success. Long term success depends on a lot of variables so it's very difficult to ascertain, but the most important variable is the initial success.
The initial success depends on how professional the ANN thread is and how active the dev team is. Are they putting their names out there? Are they answering questions? Is there an active telegram channel in which you can communicate with the devs? If these are lacking, there is no way an ICO can take off, in my opinion.
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I think within the first half of the year, the price of ripple will go up. But once the banks start controlling more and more of the coin price, it will eventually scare people off of the coin, because the price will be very easy to manipulate. But in the short term, I think a lot of money can be made off of ripple.
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I think the biggest struggle is trying to keep up with all the news surrounding the different coins. Some coins start falling for some reason and I don't know why, I have to go on twitter to figure out what's happening. I have no problem with patience, so I know that the falling prices will eventually stabilize, but it frustrates me very much that it's impossible to keep up with everything happening in the crypto scene.
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I feel like almost everyone is reading just the title and not looking at the article itself. What Korea actually wants is to ban trades through unregulated exchanges, which I'm all for, and I think nobody would be against it. Regulating exchanges would be positive for us all.
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A lot of people got into the crypto scene for the first time back when the bitcoin price was increasing like crazy, so I think people have come to expect crypto to make them an additional 20% per day or something. But crypto is actually another method of investment, so you should always wait for your investment to start making profit.
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