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My Favorite coin is still Bitcoin and Ethereum as most coins and tokens evolve around them. I am holding a good amount of BTC and ETH that I bought last July and hopefully make a profit this December/January.
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With all the new coins and tokens popping out each day, it will really affect the market especially when people are losing trust in blockchain and crypto in general due to scams, frauds, hacking and security vulnerabilities. Some are bearish because the trend is not looking good but I have good faith that it will make a bull run this December to January.
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The price will probably be affected for a little while but as long as the Ethereum team will continue to maintain and develop the ETH platform then I would say that it is still a solid project. I hope you're not planning to kill Vitalik though  |
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The big answer is NO is you based it on the current number of crypto projects. There are too many new coins coming out each day and most of them are for funding purposes only. They only care about profits and sadly, most of them don't care of the project will become a success after the ICO. Some will even abandon the project after the ICO. Crypto is messed up right now as anyone can just create their own coin as no one is regulating it.
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Yes, you are absolutely on point on this one. There are too many projects out there with no real purpose in real life and only taking advantage of the ICO to get funds. Most of them turn into a sh*tcoin or some of them will even disappear and abandon the project. The world is crypto is so messed up right now as no one is regulating these new crypto projects.
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It's easy to spot a scam ICO. First indication that it is likely a scam is when you just see a lot of new members being added on their telegram channel. These are bots to make it look like the channel has lots of members. Second, the telegram will have no productive conversation. Third, the team is not showing their faces via a video introducing their project. They only add photos of team members which we know you can easily get photos online and maybe edit it a bit in photoshop. And there's a lot more...
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I don't think it will ever replace the bank. Blockchain has been here for a few years now and there has been similar talks about blockchain replacing banks but today, it is hard to imagine that blockchain will replace banks as it is very risky as it is vulnerable to attacks and there will always be some issues on the codes that hackers are willing to explore.
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Investing in ICO's nowadays is very risky. You must do an extensive research if the team members are legit, checking their linkedin profiles is if it's not fake, following their ANN thread and joining their telegram/discord channels as it will give you a clue if the team is legit. If you don't see much activity on the chatroom and no productive conversations then usually I stay away from it.
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Setting goals is very important and I just realize this when I lost half of my investment as I bought a lot of coins during the peak period in January and from there I just hodl while the market was on a downward spiral. I ended up losing 50% of my investment as I decided to sell some of them as I can no longer watch my investment die from the never-ending downward trend.
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I don't know how you manage to do 50 bounties at the same time. That must be very tiring sitting in front of your computer whole day doing task that you're not sure if it will pay off. I just stick to 3-4 bounties and I choose carefully which projects to join.
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One of the best bounties this 2018 which started last September is the bounty from TAUcoin. This is one of the promising cryptocurrencies around and they are very generous in giving bounties as long as you are active. It uses POT (Proof of transaction) which is an experimental consensus algorithm to determine which mining club will generate the next block, the more transaction history weight in the club, the high probability to get new block. TAU proposes a fast, fair and secure currency without inflation. You guys should check it out.
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Discord Username: Enthusiast#4040
Telegram Username: @justenthusiast
TAU Wallet Address: TTrNJLMNwR4w58MDZDz9dVPMYeouEcb7Ac
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One of the better bounty campaigns around. Sadly I can't join the signature campaign yet  |
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This could be the next big crypto this 2018. I will follow your social media as I want to keep track of your progress.
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One of better projects this 2018. I have high hopes for this project. Joined the facebook campaign
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Great project with big potential. I'm joining the social media campaign. More Power!
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Joined the social media campaign. I wish the Kukucoin team good luck!
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I like the idea behind this project. I'll be joining the facebook bounty. More Power Giftcoin!
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This is one of the better bounty campaigns around. Very generous. I'll be joining!
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