There is one main rule of success, if you enjoy something you are doing everything right. As a rule, people can not do the work that does not bring them pleasure, and therefore will be negative to her and be lazy.
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I think that we are all partly responsible for this. People who succumb to deception, in some way provoke fraudsters to deceive themselves. We must combine our efforts and not pay a penny of scam projects.
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I was always surprised when people try to make such forecasts for such a long time. It just doesn't make sense. We do not know what will happen to cryptocurrency tomorrow.
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For today, all that we can expect is the integration of the blockchain technology into the banking system, so far there is no question of a replacement.
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I think the main reason for the failure of projects is not their viability, namely, weak ideas that are not in demand in the market. Most projects carry out ICO only for the sake of money.
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If you have already chosen a project in which you want to take part, then first of all you always look at the size of the awards and the number of participants in the bounty, probably already at this stage you will change your mind.
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Just ignoring it. It is hard, if you are looking at coinmarketcap every day and see that your portfolio is bleeding and loosing a lot of money. Be calm and patient. The only thing you can do is to wait for the better market, that is going to come soon.
In order not to lose your nerves due to market fluctuations, you need to clearly define how long your investments are calculated, and when you expect to make a profit. If after a year, then throughout the year you are just waiting.
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I have been using the MyEtherWallet for a long time, and there have never been any problems with this wallet. However, I don't recommend storing a large amount of money on it, for such purposes, use a cold wallet.
I have the same. I have been using it for more than a year and there have never been any problems, all cases of hacking are directly related to inattention and negligence of users.
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The first indicator of a good project is that it has a working product. Such little but in other to invest I not ready.
I would put on one place with the product, as good indicators, technical documentation, namely white paper, and a team with real profiles in social networks, the physical address of the project is also very important.
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What remains? Hold as a lifestyle. In any case, it makes sense to hold those people who invested in coins that later fell in price. I would recommend everyone else to sell at least in parts.
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If you have the opportunity to invest and time to participate in bounty campaigns, then I would advise both. But for trading you need good abilities and there are high risks in trading. And you should be ready for this.
I agree that it is much easier to engage in bounty and investment, although even investments require huge analytical costs. Successful in trading can only be favorites, it is too difficult and you will need more than one year to become a pro.
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A lot of people came to the crypto at the beginning of 2018, of course, it all started for them with huge prices, and now, seeing how everything falls, they have in their mind one thought that the crypto has come to an end.
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I am sure that it is worth it, in any case, the market is still waiting for a few jumps up, too much money is spinning in the crypto market and I am sure we will still see many interesting things. Therefore, I would prefer to continue working and wait.
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Are you interested in new coins or do you want to understand existing successful projects? You can find many articles about projects such as Stellar, Ripple with a complete description of the principle of their work. The success of the project depends on what problem it solves.
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I believe that investments can only be called long-term investments, if you are of the same opinion, then in the long-term it now makes sense to invest only in Bitcoin and maybe a little in ethereum. All other coins are too unpredictable.
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I came to the conclusion that this party will last a very long time. They will turn off the light periodically, probably even completely, but then the electricity will be restored and everything will be new. The main thing is not in a hurry, to monitor the market and keep in mind a plan of action.
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Vitalik Buterin told that 90% of proects will dead after few years. I agree with him, because a lot of people see ICO as good instrument of collecting money for life on islands.
Already there are analyst studies that show that a huge number of projects are closed down for 2 months after the completion of the fundraising, which is about 86% of the total. It is therefore not surprising that everyone is trying to sell coins as soon as possible.
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I would argue in the following way: if you need money, then sell your coins, otherwise sell only a part of the promising ones, and everything is doubtful.
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I am sure that a good future awaits crypto, as well as humanity as a whole, it cannot be otherwise, but before these times come we will have to go through complex formation processes.
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For me, crypto has become a valuable work for a long time, and especially now when there are so few good projects and few payouts. All that remains is to do the volume of work in 2 and 3 times more than before that would keep afloat.
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