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Both factors popularity and tech contribute to boost the altcoin values. Some alts became popular because of the popularity such as BNB. BNB is backed with one of the best cryptocurrency exchange BINANCE and it's value boosted and ETH for it's technology. ETH has it's own blockchain and ETH blockchain is used by so many other alts and they are developed on ETH blockchain.
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Bounties pay much but the problem is bounties only payout when the projects meet soft and hard caps. If they fails to meet these caps bounties are not usually payout as promised. So due to the massive slump in crypto economy new investment is not entering in the market and new projects are failing to launching. I have seen golden era of bounties in 2017 and mid 2018 when bounties paid out as promised but after that since the recession hit the market everything has gone down...
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It could also be the bull trap but we can't say anything so surely. Anyhow I believe this year will be the year of recovery and market will come back on it's feet. Maybe 2021 will be the year of massive breakthrough maybe the bull run like 2017 will return,. So we just need to see this whole year as a market trend since the start of 2020 is bullish type but let's see where it settles by the end of 2020.
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Most of the time right bounty campaigns don't allow newbie to participate but this is not always the case. First of all only those project pays bounty rewards who meet their hard and soft caps. If the project is genuine but it fails to achieve required funds then they won't pay bounty reward. Anyhow any project that becomes successful payout bounty reward. Since the recession in the market new investment is not entering in the market so that's why bounty campaigns are struggling to pay their participants.
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Crypto wallet is a intangible, digital sort of wallet specifically designed to keep cryptocurrencies. Blockchain wallet is mostly to store BTC and MEW for ETH and ERC-20 tokens. Cryptocurrencies can also be kept on cryptoexchanges but cryptowallets are much safer and highly recommended.
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Diversify your investment portfolio and pick cryptos sensibly is the only key of earning. No matter how bluechip is the crypto it's highly risky to invest all in single coin. Diversify the portfolio and play safe.
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For ETH it's not a big deal if bullish. ETH has all time high of $ 1423. ETH is not an ordinary cryptocurrency. ETH is the backbone of so many other Altcoins who developed on ETH blockchain. Ranked at no. 2 and is the king of alts so not a problem for ETH to reach $440 is bullish.
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I believe hardware wallets are much secure wallets but they are also not 100% safe. The primary purpose of a hardware wallet has always been to protect users and funds against malware attacks, computer viruses, and various other remote dangers. so hardware wallets are not 100% safe because they can be hacked..
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If 2020 is the year of bullrun similar to that legendary bullrun of 2017 then the investment advice is simple. Don't look here and there just focus on top ten blue chip cryptocurrencies because these cryptos are investors first choice and very much sure that these coins will generate good profits.
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I agree with you but sometimes we just can't put the whole blame on CMC maybe that could be a glitch or something like that. Trading volumes change so do the exchange rankings. But yes I must say CMC should improve their standards and systems to avoid such kind of glitches.
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Cryptocurrencies are in deep need of mass adoption so using cryptos at gas stations would be a great idea but it shouldn't be just stopped at using on gas stations Cryptocurrencies should be used in every format to fulfill it's purpose of creation which is a medium of payment A CURRENCY..
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Innovation meets entertainment, this is how I take blockchain gaming. In my opinion blockchain gaming supports what cryptocurrencies need and that is mass adoption and such steps will increase the crypto community because gaming community of the world is increasing with time because of the lastest advancement in gaming technologies so I see this as a good step..
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No matter how innovative, how revolutionary technology emerges, every technology driven advancement requires mass adoption and this is where blockchain technology lacks. I'm very much impressed with the idea of blockchain, the idea of holding your own money in your hands, instead of relying on banks or to rely of a middle man or institute to make a transaction. Being your own bank and this is something admiring and worth it. I believe with the passage of time Cryptocurrencies will be start using by almost everyone.
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Most of the investors believe BCH as the cheaper version of BTC but BCH is better than BTC in way of transaction fee because BCH transaction fees are practically free (less than $0.01 per transaction). The only reason why BTC transaction fees are currently low is because the cryptocurrency markets entered a bear market shortly after hitting $30 per transaction in 2017
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Yes 2020 has shown signs that bull run is somewhere around so this is a good idea to keep things ready before time instead of rushing in panic and that could be the reason of errors and in digital currency errors are very costly. Moreover that hacking attempts also increase during bull run so stay safe.
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Innovation meets entertainment, that's how I see gaming on blockchain. These things supports cryptocurrency adoption and mass adoption is all cryptocurrencies need. Gaming community is increasing with the passage of time so this is a great idea.
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Almost every cryptocurrency is undervalued these days because the market as a whole is going through recession but the start of 2020 has started showing hopes to us as market is going towards recovery and market cap has started to increase.
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If that legendary bull run of 2017 comes back again so don't forget XRP because XRP had made millionaire during that legendary bull run. Let's hope good and I think picking EOS would be a fine choice as this coin is cheaper in price but a bluechip coin so most of the investors tends to invest in blup chip but cheaper in price coins so there are huge chances that EOS will give a good return if legendary bull run returns.
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