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For as long as the ICO space remains un-regulated, ico scams will keep popping up and people who don't do research will fall for it.
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For now people are wise but that's because of the bear market. I believe impulse buying will return to the ico space once there's a serious bullrun.
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First of, you have to sit down and do plenty of research before jumping on the ones deemed fit for your investment. Many have made losses as a result of wrong decisions . You also have the forum to show you around experiences as shared directly by enthusiasts and investors.
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The market is a little bit tricky nowadays thats why. Most people learnt the hard way from the pump of late 2017-early 2018, so people are very emotional towards diving into the market, especially when they are unsure of the next price action.
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If you came in at the last lap of the bull market, then waiting is much more like a burden for you because then, people worked with the success stories of people around and jumped right straight in. You have to wait and not get tired, better days ahead
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I don't think there's any strong influence like YouTube. Most cryptocurencies projects got sold out as a result of YouTube influencer and this is because most people got their first ICO education from YouTube Influencers.
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The calm ones enjoy sweet profits from panic buys and panic sell. These guys watch amateurs rigmarole in the market and profit from it. You really need to work on emotions and do cosnsitent follow ups to profit from altcoins.
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We are all enthusiastic about crypto prices rising up but lets not forget corrections that may likely happen in the event of coins dropping. Its just a way the market works, so expect the unexpected
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Yeah, but the question is do they also go with the growth of ethereum when it rises or bullish?
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So I have been thinking about this and I want to know the opinion of people too. Do the price of tokens who pegged to ethereum grow or dump with ethereum? Will these tokens rise back to their ICO tags when bullish trends return?
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It's not really hodling for that long, for some reason, it is for the love of the project, and on another note, it is as a result of trying to recoop losses made in the bearish trend.
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Good stuff you have written above but mind you, people want easy profit in this space, and that is somehow unavoidable. Same way you can't stop people from selling if there's a FUD is the same way you can't stop people from dumping their tokens after listing.
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In a downtrend most but not all is loosing money depending on how much you bought a coin whether in the market or during ICO.
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The ico cuture is not dead, its only cooling off radar because of the market downlows. Most of these ICOs are largely dependent on hype and that can sell fast in a bullish trend. Do not hang it off bounty hunters alone, do your own research too!
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#Proof of Authentication
Bitcointalk username: isiaka208
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