Panic is the main cause of people for losing profit. Panicking makes you not think well, it clouds your mind up and make you take rash decisions which always leads to regret in the end. When trading in cryptocurrency it is very necessary and important to never panic in order to think well. Learn from your mistake and grow from it.
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Joining multiple bounties does not guarantee you earning big. Although yes your chances of earning would be a lot higher than only participating in one bounty but I believe the key here is to join a good one instead of participating many campaigns. Participating in multiple campaigns can be so hard to manage. Like others said one successful campaign is a lot better than multiple bad ones.
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I know how you feel, many times I have tried to quit and just focus on my regular job but there is something in cryptocurrency that is hard to quit. Something tells me that it is not over yet. No matter how hard times have become now, no matter how bad the market is, I will still keep on pushing forward. Nobody became overnight millionaire here, everyone worked hard to reach what they are today.
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The best answer to your question which one to prefer for me it is bank. Although cryptocurrency is becoming more popular right now, banks is still more widely accepted arou around the world. There are also good benefits of being centralized and that is someone will assist you if anything happens to your money unlike cryptocurrency which is like your on your own. If you just want to earn profit then cryptocurrency is for you but if you want to save your money then banks is the best option.
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That is quite scary, I have been very keen on not sharing my personal and private information in the web for that very same reasons. Many people might used those information I send with in illegal stuffs. I have been against kyc and I try to stay away from campaigns that requires kyc no matter how promising it might seem.
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Of course it is an obvious answer, bitcoin all the way. There are so many reason why I would choose to hold bitcoin over ripple. The main one is bitcoin is the biggest and most popular of them all. When people talk about cryptocurrency they will say bitcoin, even those who have less or no knowledge of cryptocurrency. Bitcoin being the biggest will definitely give more profit in 2 years compared to something like ripple.
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I believe that investing in ICO is still profitable these days but there are many things first to consider before doing so. You need to study and research first the ICO you are planning to invest in. With the news spreading that many ICO lately are just scam it is good to know the ICO very well first before investing to avoid loss.
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Yes I do believe that there are a lot of bounty campaign scam out there but it is not fair to quickly assume things. A lot of ico fail because of poor managements or poor crowd reception. Even those legit ones will fail if there are no investors willing to invest or not appealing to them. If I manage to participate in a shady campaign I usually leave immediately. That is why investigation is a must before participating in any ico.
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For me it is not which is better to buy or which gives you more profit, for me it depends on what your goal is. As we all know bitcoin is much suited for long term holding for it is far more stable compared to altcoins. On the other hand altcoin is good for short term holding and fast trading for its prices move faster and change more often.
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If that is the case then it will bring an impact on cryptocurrency. Now we can broaden our audience and we can reach more people with our advertisement now compared to the time when Google banned all cryptocurrency ads. Now we can see a lot of new faces in the cryptocurrency world which is always a good thing.
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I think strict rules is needed and essential to make bounty campaign run smoothly and keep everything in line and in place. With the popularity of bounty campaigns there have been a lot of participants coming in and these rules tend to filter them and keep the genuine and stop those who are only participating to cheat.
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You are not the one who made that mistake in the history of cryptocurrency. In fact that is the most common mistake a newbie investor make. There is nothing you can do about your loss but you can learn from that experience of yours. Grow from it and become more wise than before. You don't win all the time, sometimes you gotta take the loss in order to learn.
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Those people who always cry about how bad the current market situation is are those who thought that when they join in cryptocurrency they will become rich without doing that much work. Before you joined cryptocurrency you must have known that it is high risk and there is no guarantee that you will become successful here.
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Yes it is true, Holding will definitely get you nowhere if you are holding the wrong coins. For me I only hold those coins that I truly believe and understand. Before doing any holding learn to research and study well if the coin has potential of growth and is promising. What I usually do is observe how things are going and then make a decision after observing.
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Personally I only sell my hokdings if I needed to or if I need money other than that I don't sell any of my altcoins if I can't make any profit out of it. The key to holding is knowing what to hold. You can't just hold coins that you like, you have to know wether it has potential or if it will stay relevant for a long time other wise you will be wasting your time holding coins that is not promising.
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I have a regular paying job and I do bounty hunting during my spare time. Yes bounty hunting is a good job. I sometimes even earn big in bounty hunting compared to my regular paying job. For me it is always nice to have another source of income eather than relying on only one. When everything goes wrong it is nice to have a backup plan.
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I think bounty hunters are also considered as investors for they also invest their time promoting the ico and campaign. Although in a different way, bounty hunters and investors have the same goal and that is to make the ico a success. Yes bounty hunters did not spend their money on the ico like the investors but they are also helping and without them the will not be successful.
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Basically most of those coins will eventually die specially those poorly received ones and the lack of people supporting it. Most ico are just scams who tries to exploit the popularity of the ico scene. Some ico died before it was even release due to no appeal to investors. That is the sad truth, only the strong will continue.
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I haven't have any personal experiences or issues for using myetherwallet for a long time now. I have no hacking issues or lost funds at all. For me it is one of the safest that I have used. Hacking and scam reports for me are more on the users fault and not the system itself. To avoid being hacked you must be extra cautious when dealing woth your wallet.
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I know how you feel dude but it is expected already that this will happen. Like everyone said we might even hit harder this time. But don't lose hope yet, everything will go back up again cause that's how the market works. Let's just hang tight and wait for the next thing to happen. Don't give up just yet, there are more to come for Eth.
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