They are some factors which i checked first on new altcoins. First I will look at the project and do my research very careful, for exemple I will read the whitepaper to see their vision and also check for any spelling errors to see if they are really serious or not. Then I will go to their telegram page and talk to the team and also to other investors. And if I feel comfortable enough then I will invest in it. And when the price goes up I will sell, I am not going to hold forever.
|
|
|
People inest in altcoins because it's the way to invest into your future. But I choose consciously in which project to invest. The best way to profit from ICO is to invest into ideas which are already turned into projects. It is important to choose a project which is aimed at solving real-life issues. If you are afraid investing, start from participating in bounty campaigns.
|
|
|
There is many ways how you can see the actuall situations. For me its a great time to catch some perspective coins. There is a risk you are right, but to get some coins with this “discount” is same as to get them on ICOs. At the end of the day, everybody should just follow their feelings and strategies. One more advise: if you are not sure on what to do why not to go for small amounts, 10-20 percent of the money you are actually can afford to invest and then continue to invest as you get confidence in the market. Just don't panic, hopefully, the market will recover and I think it is only matter of time.
|
|
|
I can give one advice for you. I would suggest you buy established coins from the top ten like etherum and bitcoin and hold them for the long term. You might not have 2000% profit buy for sure, you would have a decent profit. Remember, for every investment, capital preservation is key.
|
|
|
Don't freak out it's because its not for long time, well not only eth just going down along all other cryptocurrencies are down. Ethereum co-founder Joseph Lubin, and chief executive officer at Consensus, said that its hard to tell whether the cryptocurrency has lost its appeal but rejected claims that the bitcoin bubble has burst. Yups, for me it's time to buy some coin if you beleive cryptocurrencies next years bring profit to your head, just do it!!
|
|
|
We all hope that the market will recoover and rise in the coming months. Cryptomarket is very dependent of the news and how the investors react. If the news is bad - prices fall, if good news comes - prices of crypto grow. So i think the time with the fud news should be over!
|
|
|
Last year a go, i received a lot of airdrops who was profitable for me. I could sell them on the hype trend over some exchanges. But all those coin was just shitcoins and hyped. So i never received any real good coin or token with real projects and real value behind.
|
|
|
I think the most bounty hunter sell their coins immediately, because they want just the fast money. They participate in thouse campaigns, just to earn cryptocurencies, does not matter how much. So they actually collecting ethereum. They are not interested about the projects from the bounty campaigns. So thats why they are mostly loosing when they are selling so early!
|
|
|
So i can say that its very hard to know today for coins who will get a x100. Some people here mention the names of the top ten altcoins. But i can say you very sure, that those altcoins from the top ten not will go a 100x in any time soon. If you want some potentially coins who can go 100x, you have to look for some small projects and also with low market cap.
|
|
|
So in my country there are no laws against cryptocurrencies. If you have some, you have to tax them like stocks. And the taxes for them are very low. But when you ask the mainstream people about cryptocurrencies, the most of them are set negative against them. They think its a scam. And i dont know any store around here who accept cryptocurrencies. So they are some Bitcoin ATM, and thats it!
|
|
|
I do not agree in every point. If you say we dont need banks anymore because of cryptocurrencies, i totally agree. Cryptocurrencies makes banks superfluous. So we dont need these greedy companies who steal our money. But i think we will always need a gouverment who keeps the order. Because blockchain cant protect you from murder and plunder.
|
|
|
It depends on the country. If a country is 1st world country just like the most states in Europe, they can replace there national currency with crypto because they are technologically advance while in the developing countries and the third world countries like in africa, how can they adopt cryptocurrency if in the first place they are not aware of that? so it really depends on what country.
|
|
|
To earn 1000 dollar a month is possible if you are a good trader and also joining bounty campaigns. Translation job has a good payment because only few or only selected translators are being accepted. The payment is high. If you can transalate some bounty a month, then you could earn higher than 1k. And if you make a signature campaign additionally, you get easily over thousand dollars a month.
|
|
|
I would say almost every coin has future, as long as they have supply, demand, and speculation. Until now dogecoin with low price is just like display for me, not good for investment. Even we have a huge money to get it, dogecoin price is lower than another altcoin. But if your method says it will come up I think you should follow it and see what happen. If I have dogecoin I'll exchange that with another coin like eth or xmr, for me they have better prospect. That's my dogecoin opinion, hope you understand. Thank you very much
|
|
|
I can just recommend the same thing like everyone here is doing: Patience! Dont be to greedy and inpatience! We had a huge correction, and actually the trust from cryptocurrencies are away. So it need some time, untill the people decide again to invest. So the only thing you can do is wait and drink some tea. And if you have some money left, maybe you could rebuy some coins very cheap!
|
|
|
I think looking for the bounty campaign with the biggest bounty pool and biggest stake is a very bad way! Sometimes i see bounty thread with stuff in the titel like: 5000ETHEREUM Worth of bounty reward and i just think FACEPALM! Which ico could afford such a expensiv bounty pool? If you are looking for good bounty campaigns, look for the good projects. If theres a good project, the bounty will be also profitable!
|
|
|
I hope just for all that you guys buyed enough ethereum in the cheap times. Because you can be sure that you wouldnt see the price such low in the future. Its the altcoin witht he most potential, and they are so many projects build on their smart contract plattform! SO in future they will be a lot of real use case for them, and when these comes, the value will rise to the moon!
|
|
|
I think its very exciting to see how the stand of cryptocurrencies will be in five years. I hope we will all be rich then  It will be very exciting what will happend in future with cryptocurrencies and to see how they developed. Actually they are so man projects who are build with cryptocurrencies. To see these projects running and how normal people and companys will use them will be great!
|
|
|
Thats absolutly true! In the cryptocurrency world, you most important thing is patience. Everybody is coming in this market because they heared that people get rich with bitcoins and some other currencies. But if they would make some researches, they would also see, that these people hold their bitcoins vor a very long time! So dont be stupid, and hold your coins!
|
|
|
The value of ethereum is quite low actually. This gave an unexpected growth by the year starting and this is counting. Ethereum will be growing gradually over the years and periodically we can expect such price pumps to take place and reach over $2000 in future if the team keep working on their projects and there willl be no other altcoin with a better smart contract plattform.
|
|
|
|