It was indeed quite depressive to see strong projects like OneLedger and Atonomi go well below their ICO price as in the bull market they would probably reach 5x+ right out of the gates. Fingers crossed that the situation will correct itself soon.
I mean most of the "holders" would prefer to sell at the top and weather the storm in tether but in my opinion right now is a bit late and risky to exit your position as we could witness a reversal of the trend very soon. So I wouldn't risk missing this train.
To answer the OPs question, I dont think so, no. When you are a complete novice you should avoid day trading and even swing trading, but you would need some very basic knowledge to know when enter the market in the first place. But in time while gaining knowledge and experience TA is a must if you plan to swing trade and not hold your position.
As we can witness, this thread is even more relevant now that it was in May. For sure, right now is also a proper time to get into the crypto space, or you could wait and observe the market for the next couple of weeks and enter when you think is the most suiting to.
Well, its widely known that investing in ICOs in general is a challenging and dangerous "sport", but investing in ICOs in this bear market worsens the previous made claim five fold. Approach with caution and only invest in ICOs that are hard to get into / there is a demand for them.
Haha, this correlation between the world cup and the crypto market is quite a humorous one, and no, there is no way that the end of the sport event could have any impact on the crypto prices, at least not this current one.
This news is definitely a nice push in the opposite direction, away from all the Korea/regulation fud, but it seems that we will have to wait some more so the bull can gain some momentum and starts running upwards.
It is definitely an achievable goal. But for such high gains you would really have to keep your holdings for multiple years, I would say 3+ years, but who the heck knows how the market will behave in such a long term, but if the institutional money starts to pour in any time soon, its doable.
I agree with your central point but you have to realize it is not as black and white as it seems when it comes to plainly "dumping" your bounty tokens. A lot of people in third world countries or better put, countries in development, depends on bounty hunting which is an essence of their survival and via "dumping" they are able to put food on their table. But ye, it would be ideal and optimal to hold tokens, its just not an option for a lot of mentioned folks.
I guess I am breaking a vouch cherry in this particular thread . Bought some amazon.uk balance from coolPenguin and it went through smoothly, thanks again.
It was indeed painful to witness those high fees and not only for couple of moments, it lasted for quite a while. Even when I set gwei price to 60 it took the transaction more than half an hour to arrive. Glad to see that things are in the process of normalizing already.