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You are about that and not just the alternative coins both crypto world have great positive effect in our lives and i believe even in the future society. If you are just well knowledgeable in crypto world you can earn and learn a lot just like what you have said through bounties and campaigns. Crypto world gave me an idea how to trade how to learn technicalities of trading and fundamental analysis as well i am blessed to be in this industry i just hope they stop bring the crypto world down.
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Well not bad idea some corporations are starting to jump into crypto space. And yes we are still on a early stages of this industry Crypto world offers new and great technologies that other industries doesn't have. Once the mass adoption starts we can easily a spike in the total market capitalization but i don't agree to fully kick the paper money system and governments or else they will do everything to stop the crypto. I think it's much better if cryptocurrencies will be just an option.
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Yes you are right brother if its too good to be true you better stay out from it. Multilevel Marketing can be a ponzi scheme and do not go with high returns in a short span of time with no work to do or very minimal effort. Even more if they have referral program or something like that. There are lots of ways how to learn in crypto space so there's no reason for you to be a part of that scheme.
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Firstly if you bought at high and you sell it at low that's clearly a lost. But if you are going to wait for it to bounce back then you will not be at lost and you might gain for more. But the question is where did you put your investment to? If you have invested / bought pump and dump coins or shitcoin that is more likely a lost that cannot comeback your only option with that is cut loss. That is why very important to do some research first before investing your hard earned money because one wrong move it might make you or break you. Crypto space got a high volatility market so you should be very careful every time you will invest.
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Yes of course Media plays a big part not only for the growth but for the decline of total market capitalization of cryptocurrencies. Media is so powerful that it can move investors in a larger scale and most of the time the greedy whales and institution are riding it to make more income. But what ever greediness they do they cannot hold us back so we the true believers just hold and do not withdraw. As we can see the crypto currencies is the future, if we only unite we can lessen the greediness of these individuals and institution. The problem is that they are taking advantage the weakness of new investors for their own greed. I hope we can regulate these kind of games soon.
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Yes of course its a good time to buy but if you want to maximize your fund. You can do some research first before buying check for the cryptocurrency experts and if you can read graphs and do some technical analysis its much better. And always check the total market capitalization you can track it there if the investors money are coming back to cryptocurrencies. Well there is a saying that when the door closes a window opens. And if youre a smart trader you will see these kinds of event as an oppurtunity. And we may never see the price so dip again. Once the crypto gets into his primetime as many big corporations wants to be a part of this wonderful technology.
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