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Taking a look at ICOs now I can say they are no more. I can't remember the last time I saw a project doing ICO rather they always go for IEO; thus meaning that investors now have a bit of trust in IEOs than ICOs.
There are some projects I came across that were on the verge of starting their ICO, but the last time I checked, they have switched to IEO. So I think IEO is the way now.
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You have pointed out good points.
But the chances of scammers taking over IEOs is very minimal. The reason is, the exchange will carryout the necessary process to verify the team.
Scammers can only take advantage of IEOs when they hype a coin to attract investors and after IEO, fails to deliver what they promised, that is they abandon the project. Therefore it will be good to investigate thoroughly the team and their experience before investing in any IEO.
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The truth is, in this space it is hard to predict the movement of any coin. You might be expecting a good profit and all of a sudden the market turns red and remains that way for a while which will then affect your target. So, always put that in check.
Assuming everything being equal, ETH is better and have the chance of giving a good profit than BCH.
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The crypto space has been growing since this year, although the growth isn't massive as most might want but the gradual growth matters a lot and has brought more confidence to all investors. At least now, there is hope of bull run, although no one knows when. Crypto has come to stay, there is no going back.
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Yes indeed it has helped me a lot, both financially and otherwise. It has helped shaped my mind on how the world works as well as upcoming technological advances which will disrupt this world.
Although when I started it wasn't easy, but all those mistakes has helped me make good and better choices now.
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Indeed price isn't everything, has never been neither will it be. What matters in every project is the team and how hardworking they are in fulfilling their promise and once the team is actively working then the project will gain value with time.
So I don't think price is everything rather the team and their product.
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That is just the truth, in fact anyone still doing blind investment in any random upcoming projects may end up blaming himself.
As it stands now, it is better to take your time and do a thorough study on any project before investing because there are many scams coming up everyday.
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Whtin the crypto sphere everyone have their own opinion, goals and objectives. Some focus only on trading, some prefer mining, some prefer holding for short term while some long term. It all come down to what you actually want.
As for me, I trade, hold for short term and also hold for long term.
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Content BitcoinTalk User ID: 2084586 BitcoinTalk Username: Chuky92 Telegram Username: @Emma_Chuks Telegram Message Link: https://t.me/adsigma/119398 |
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In my own understanding, the potentiality of altcoins depends on what that altcoin is trying to offer or solve. Taking a look at ETH, the team created a blockchain which upcoming projects can launch on before migrating to theirs. They also created smart contracts and host of other features and functions; to me this is the potentiality of ETH, it is what keeps making ETH highly valuable in this space.
So before investing in any project, study the product the team is offering as well as the team to be sure they can really deliver.
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This question has been on the lips of many, that even with this current market growth one can't really predict when this Bullrun will fully set in. But one thing is worth knowing here, which is, with the market growing tremendously and many platforms coming into the blockchain world there is hope of Bullrun, but when, is what I don't know neither do anyone.
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First am happy with the return am getting from the altcoins am holding. Secondly I also have some regrets which is not holding enough Bitcoin when I had the opportunity to.
So generally, am glad the crypto market is picking up gradually, at least it shows there is hope of Bullrun.
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Ever since IEOs came into existence I don't think investors have ever complain of getting scammed.
It is worthy to know what exchanges are not to be held accountable if the project fails to deliver what the team promised. I think this is where most people get it wrong; the follow the hype surrounding the IEO and when they don't get their expected return they start complaining. This is entirely different from getting scammed which is rampant in ICOs.
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This is a sign that you didn't make adequate study before getting associated with the affairs of cryptocurrencies, such as trading, etc.
Before you trade you need to understand all it takes so that you don't end up lossing money. At the same time, before you invest, you need to study the project and know everything about it, else you will keep making the same mistakes. So I suggest, you go for knowledge first, so that you can redeem yourself from unnecessary mistakes.
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To bring more confidence in the crypto space, there is need to offer outstanding services and products to the world at large.
Imagine ordering for goods online with crypto or paying for monthly subscription with crypto etc; these are the services which investors will see and get involved. Although it will take time, I believe we will get there one day.
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They call it rubbish because they do not understand what it is for, its aims and objectives.
Bitcoin has evolved more than an ordinary cryptocurrency, it is now infact a symbol of exception and excellence in the crypto space, thereby showing that blockchain and as well as cryptocurrencies will transform this world for better. Thus, Bitcoin is GOLD.
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What are shitcoins anyway? They are coins not amounting to anything right? Now since they are not amounting to anything, how do you think it can be gotten rid of? No way i think and that's why am still holding them.
Maybe something can happen one day and i will get rid of them.
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In life we all have aims, so when since he is Tron and his aims wasn't achieved, I don't see him leaving to start his own project a bad one, instead it will bring more exposure to the crypto space. This is because, there are things he has learnt and by putting them to work he will also create an outstanding project altogether.
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