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1  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What if we were all wrong on: February 03, 2018, 02:50:17 PM
Hello people,

First of all... yes i hold btc and altcoins Smiley i believe in blockchain and so on... anyway

But what if, when this "correction" is not a correction..
Rather the beginning of the end of the cryptomarket, as we know it...

I missed the chance to sell at the high, but never thought, that the market is falling so fast and so strong...
at the moment, we cannot say where the bottom is... almost no moves up..
just crazy... so much money goes away from the market..


In my opinion there is nothing obvious in the cryptocurrency world. Nobody can guarantee that, bitcoin or any other coin will continue rising forever. So, I think the best way is that, not trading with the amounts which can give big damages your economical situation.

I'm totally agree with this comment.
I think, who is here since 9-12 months or more, sure has already gain enough money to save the "initial investment" and, except if he is poker player, now is playing/betting his extra gain (probably greater than initial).
Who as me, is in the crypto only since few months,if he wouldn't transform an opportunity in a drama, should be careful, play/bet the amount he can allow to loose without problem and so, probably and hopeful, in next (few or, I fear, more) months he could become aware, confident and happy as a lot of guys here
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO] Fire Lotto - International blockchain LOTTERY on: January 28, 2018, 07:21:55 PM
Hello
I'm a newbie so I've a lot of doubts but i like the project and I would try to invest on it.
I dont' understand if during pre-ico, I can buy/transfer eth --> flot by an exchange (as bittrex, gdax etc..) without using a wallet or I need to use only a wallet (exchange rule states to not trasnfer eth to/from an ethereum contract). Further, same question about future commissions withdraw related to fire lotto tokens purchased.

Thank you in advance
steber
3  Alternate cryptocurrencies / Altcoin Discussion / ICO ISSUE: LACKING OF FINANCIA/TRADITIONAL INFO on: January 13, 2018, 10:32:59 AM
Hello Everybody,
I'm an italian newbie as you can see. 2 years ago I've got the idea to invest in BTC but I didn't finalize it, I've put it out of my mind and now I really complain myself.
Anyway, on December I've bought some altcoins (DOGE - ADA - XRP) because BTC ETH now I think are overrated.

Now I'm trying to understand better how to evaluate ICO investment/situation and I need some help.

I read a lot around about the project, whitepapers, programme, deal, curriculum of project team and others but what really worry me it is the total lack of financial information about company/firm.
I know that cryptoworld is funding on new technologies in a revolutionary way against old tradional economical powerforce as bank, multinational fund ..etc..but It seems me that  everything it's not enough revolutioary to be outside capitalistic rules and traditinal way to evaluate an investment.
Also Facebook, amazon Google... had a financial profile to be analyzed since their start-up.

So why standard profile of infos by cryptoworld limits to ask a whitepaer etc.. and don't want to have:
- data of real company firm registration to a national public register in almost one state
- a traditional income statement
- a traditional profit/loss evaluation and/or a business plan also based on a cryptocurrency euro, rather than $, £, yen euro etc...
Those info could help also to reduce number of scams.

Probably my age (more than 40 y's old) didn't allow me to be so modern but all ICO websites, without those traditional infos, seem me only a lot of word even if I understand that basic technology or ideas are good. To have a real monitoring of a these big amount of money that ICOs collect (a lot of equivalent million $) need to be checked. I'm not saying to have some rulse of to nasdaq traditional stock exchange, central bank , SEK etc.. but as in a lot situation of life not all the past things have to be throw away. 

Sorry for the long speech/write but i'm seriously trying to evaluate ico to make good affairs.
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