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Analyzing the content of the project is important in order to know if the project is legit or not. I studying first the roadmap and its whitepaper for me to know if it is really promising.
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Talking about scammers, I believe their are in every industry and crypto industry wouldn't be an exception. The only thing we can do now is to do our research not to fall victim of such scam, there are some good projects out there with some working product, let's try to find them and not blame anyone.
Strongly agree, we are not required to blame others or anyone, and a good project is clearly out there, but for now it is very difficult to find it, even though we have researched it repeatedly, it is still difficult to find a good project. it’s hard to find because at the very beginning the project can be very promising, but after several months of work they faced with difficulties and then we already see that the fate of the project is not as incredible as we would like to see It is really hard to find a good project nowadays, most of them are scams. There are now only few promising projects that we can find, I keep researching and it is the reason why I keep reading many articles in order for me to find a worthy project. |
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I think you should rather go for a hardware wallet because it is more safe and secured. Well if you are using a web wallet or other means to store your token, I think you can save the keys on a flash drive or save them Written on a paper offline. For web wallet, be very careful of the link you click to avoid painful memory.
There are also online wallets that can secure our tokens like mew. I'm using mew in 2 years and I still not experiencing any bad situations. My funds are still there and for me it is safe to store our coins. |
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Yes it is possible but the probability is very low, before we see a lot of altcoins that its price goes to the moon due to FOMO and market manipulation. There will be a time that we will see an altcoins that will create momentum.
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It is your fault why you lose your money, you didn't consider the risks before you invested your money. It is really risky to make investment in IEOs and ICOs nowadays because of the fake promises and fake benefits.
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There are many projects that are being created because their developers are focusing to earn money than to create a meaningful product. We should not participate in a scam project that can lead us to a huge losses.
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Investors are complaining because not all of the IEOs are worth it to make investment. They still experience losses due to the wrong move that they did. There are also investors who experience loss due to the scam IEOs. Not only ICOs that have scam project, there are now many scam projects in IEOs.
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Developers should focus on listing their tokens, their project are becoming shit if they got listed on a exchange that doesn't have enough users. There are only exchanges that are good so the developers should focus on listing their coins in these kinds of exchanges.
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Not all of altcoins have a bright future, there are only few altcoins that can survive in the market. Most of the altcoins are losing its 24hr volume and market capitalization due to low support from the community.
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That's a marketing strategy that they do in order to attract more investors. We should not make an investment to a project that is something fishy. We can lose our money to the scammers that offeeing high return on their ahit projects.
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2. Is this what is called a market cycle, I mean back to the time before bitcoin reached the highest price in 2017? or maybe like 2014, 2015 or 2016? because I'm not there yet.
It is called a market cycle, there are 3 trends that are occurring in a markrt cycle and it is the bearish, bullish and sideways. Right now we expericing bearish market. You should not expect that it will turn to bull or sideways in a short time because it takes a long time before the reversal. |
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It is really hard to monitor your portfolio if you will buy so many altcoins. I'm a trader and I only trade 4 - 6 altcoins and for me it is hard to monitor my altcoins. You shoukd only choose few altcoins that can make your capital to grow.
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If bitcoin will be adopted by businessess, establishments and the government and the mass bitcoin will become one of the main commodity and medium of exchange in the future. Blockchain tech and cryptocurrency still has a long way to go and we dont know yet what development or changes are there as time goes by. Bitcoin will surely be part of our daily lives in the future.
That future adoption where everyone's waiting if materialized will turned this industry to be the future innovations for payment transaction process. I do believe that the key point is the main adoption of the system, not only bitcoin but the entire blockchain technology. It will help a lot in terms of another options for dealing your daily transactions, you don't need to bring cash or cards just your mobile device and you can process your deal without any hassle. Some views where bitcoin/crypto can be use in this coming future. There is an interview of bill gates that saying bitcoin is more good to use than cash. The future of our payment system is the blockchain technology and I'm sure that mode of payment will become faster through bitcoin. |
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It is a misconception formed in the market, people are investing in bitcoin because they though that bitcoin is a quick rich scheme where they can become a millionaire after they make investments. It is a perception that we should change in order to not lose anymore money.
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It seems that the bitcoin will not become bull market in this current year. It will take more years before the market will become bull again. There are tools that we can use in order to identify the trends like moving avarage. If you use 200 MA, you will see that the ma is still above the price and it will take more time before it will dive below the price where it can be called as bull market. |
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The crypto space is not very noob friendly: bitcoin and blockchain are complex daunting topics; cryptocurrencies themselves are not very user-friendly; and the cryptocurrency space has gathered a bad reputation for being filled with scams. A small mistake sending coins from your wallet can cause you to lose your money and ruin your experience. So, while everyone has heard about blockchain and bitcoin, people are not only unsure how to get started, they are also faced with these high barriers to entry. TokenTuber’s mission is to lower the barriers to entry to the cryptocurrency space so that mass adoption of cryptocurrencies can be achieved. On TokenTuber you can learn and educate yourself on everything you need within the crypto space. We will hold your hand and guide you on your journey in the crypto world. Not only that, you can also earn your first cryptocurrency and trade it with absolutely no cost. We are looking for global partners (evangelists) to make this vision become reality! Feel free reach us via contact@tokentuber.comLink to our Website: https://www.tokentuber.com*Whitepaper is available on our website! I think fake news and misconceptions are factors in stopping crypto from mass adoption. There are still people who thinks cryptocurrencies are scams and it can be use in illegal ways like buying drugs in deepweb. If people have knowledge about what is cryptocurrencies, I am sure that they will make investment. |
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There are still ICOS that are patronizing by investors but the ICOS have now low percentage of succession. Investors are now understand the risks that they will face in making investment in ICOS.
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Actually there are a lot of opportunities that we can get from the crashed price in ETH, I won a lot of trades by using bounce play setup where I used Fibonacci retracement as tool.
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It's hard to invest in a new coin with the so many scam reports about new coins, they are promising a lot giving a new concept and making huge promotion about their coin, so you'll just invest in their coin
How Sure Are You That You Invested In A Right New Coin?
I made a big mistake last time and that's why I ensure that the coins that I bought will go up. I've spent a lot of time and effort in trading that's why it makes me a better trader where I can now make good decisions. |
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Manipulation is one of the factors why the bitcoin is still down, by using technical analysis; you can read the chart and you can know why the bitcoin is still down. It's price is still consolidating in its area of value but there is a trigger that it will going to breakout soon.
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