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Probably to do with the conclusion of the world cup that people wanted to continue gambling perhaps. THere wasn't any good news yet so it was probably nothing more than randomness. On the other hand, theres an ETF decision coming up in early August which may have a bull run starting up soon.
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As many people have already said, do you own research. I look at ICOBench and some influencers like Ian Balina and Sergios spreadsheet for news and reviews about upcoming ICOs. In fact the recent ICO I went in on all came from those recommendations, like Quarkchain, Sparkster, Credits, Arcblock etc...
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fake news to get people to sell out coins. DOnt fall for this! Binance is one of the most secure and well maintained exchanges in the world. If that gets hacked then its like the reserve bank getting robbed. AKA this cannot happen!! Im still happily keeping funds in there for a rainy day.
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My first ico buy in was with Wepower. I made 1.5x with 0.2 ETH during the ICO winter at the time which was not bad. That really got my crypto genes tickling and kept me going chasing those sweet gains.
Now my buy ins are all worth at least 2 ETH. Have come a long way in a short time, so i am very pleased even in this bear market.
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In Australia we need to provide identification to be able to cash out to our bank accounts via a method called B-pay, which is free. The government does track the money movements and we get taxed on it so I like to time cash outs to happen based on my income for the year to minimise tax obligations. Also waiting for the day when we can actually spend our ETH directly so no need to cash out
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Price manipulation is easily done by whales, theres no getting away from that fact. Until the market cap increases to dilute their holdings, we the little fish can only swim in the currents of the whales. Good luck find more fish to join you, outsiders who are wary of crypto always find reasons to stay out of it
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If we had the answer to that, we wouldn't be here on a forum doing research! its really looking at news, looking at project value, and some gut feel! sometimes its a complete guess. Id say that its almost hit a low now though and if it goes down further by a bit, then that'll be the bottom. But im talking about the overall market cap, individual coins would have its own bottoms.
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Disappointing that we are still getting hacked exchanges to this day. You'd think people would learn from previous big profile hacks but its still happening, and its wrecking havoc on our markets. Lets hope for a month of no negative news and will that bull to come storming in!
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I'll be maxing my allocation on this project, really impressed with what they have on offer already even before the crowdsale. The drag and drop functionality is seriously well thought out and will play a huge part in the future of student development. Home brew projects will take off quickly and easily without coding. The only thing is Sparkster should also aim towards the professional market too, if they can cater to that industry then we'll be heading to the moon.
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Great project, Im surprised it doesn't have more attention. The utility of the project has huge potential for the future allowing everyone to program without even learning any code. I've tried the walkthrough and it seriously is really cleverly done. I have high hopes for this project and will definitely be allocating some ETH to this ICO!
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Yes, the better the content, the better the rewards. Stuff like translations and content creation offer the most as you need to be seriously good or creative to be able to reap the rewards of those high payouts
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market is down again after a relative high. Was really hoping for another December run off this period but turns out not to be, and we are right back where we started. Lets wait for another run...
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Yes its not as easy to buy low sell high. Thats because you dont know when its low and when its high. A relative low to you may seem like a great time to buy, but then it goes even lower... and lower...
and then you're deep in the hole and cant recover with no choice but to hodl.
Its all relative, so research before buying anything. There is generally a reason something has gone up or down dramatically
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better to be buying then holding BTC or ETH during a dip, as its pretty much guaranteed to recover. Altcoins may never really recover if its not a reputable coin. So I'd rather back a known and heavily traded coin for the safer option.
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Never trust the market, and never bet against it.
A green period is always followed by a red one, I'd sell during the greens and buy during the reds.
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I think you'll need to make mistakes for your self to truly learn properly. thats why you should start small.
Also bookmark some of the pros spreadsheets like Ian Balina or Mandy or Sergio. Its a great insight into the highly sought after ICOs.
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its a waiting game. If you buy low, and then it goes lower, then you have no choice but to wait it out until it gets back to your buy in point and hope it gets back high again.
just dont lose patience and sell lower than your buy price. I've made that mistake many times...
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depends on what you like doing. if you enjoy going through these forums then adding a signature and joining a bounty program should be no effort for you.
but make sure to choose a reputable project, nothing worse than doing work for couple months to end up with nothing!
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that is absolute crap, if the bounty program demands this then they should be upfront about it rather than hiding it right at the end. total BS!
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