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This year has been full of ups and down for cryptocurrency. We have seen the market skyrocketed in the beginning of this year, then the crypto bear took over. We have seen many potential projects as well as well as many scams. Sure this year has been a great emotional journey to the crypto community.
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To make new token this isnt very hard work. Ethereum platform made it even easier. Now many are teaming up consisting five or six members and launching there own coins.
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I dont think so. With this much market cap and value of bitcoin it is kind of impossible for any altcoin to suppress bitcoin within a short period of time. Even though I think Ethereum has the best chance among all altcoins to beat the bitcoin.
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First you need to know that scams do not come to you and catch you. Obviously you go to them so proper way to avoid them is too know them clearly. There are some signs that will give you hints about is it legit or not. Like proper presentation of the project, solid whitepaper, renowned team members, good ico and bounty managers etc are the sign of good Altcoins.
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Recently the market is recovering from a long run of downgrading. Though the best time for investing has passed away but still it is good time for invest. And I think the green signal will remain as long as the red signal was. So it is safe too to invest.
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scam is nothing like that knocks our door and grab us. It is our fault that we do not investigate or research properly. Because this is a financial sytem we can not say that why there are so many scams. So we need to be careful about them learn properly how to detect them.
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My current plan is to hold my altcoins. The market is began to show good signal hopefully there will be no more declining. I want to see how high the market can go. I will hold my coin until then.
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Its best to ask Bounty manager. Also I think if there is nothing written about trust issue in bounty regulation then you may get your payment. But nonetheless it will better if you ask the bounty manager about your problem and be sure.
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Good ICO has some characteristics that you can find or analyze to make decision about it. Like Good project and solid whitepaper, good team members, excellent presentation. Good manager and bounty managers etc.
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There will be always a coin that will not follow the traditional way the market. If bitcoin goes down then all the other token tend to follow it except two or three tokens. Recently tether seems to hold its price despite the bull market. In this situation i would convert it too that exceptional coins. And when the market will rise again I'll be able too buy my coin.
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You have to find the right customer. And in facebook, twitter, Instagram there may be many users but for cryptocurrency the best medium is bitcoin forum. Cause it has all the members who are already interested in cryptocurrency.
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As long as your private keys are safe your bitcoin is safe. Because it is merely impossible to breach into another's wallet without knowing private keys. So keep your private keys safe. Best use offline wallet to ensure security.
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You have to investigate and research on successful ICO in order to compare it with others. Generally good bounty program has a concrete whitepaper and consists of renowned team members. Also bounty program's success depends on good bounty manager too.
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Positive marketing is always good for cryptocurrency. It attracts more people to invest on it. But unfortunately there are many negative advertising happening today. Mainly many medias tends to show the bad sides of bitcoin only. However this is also marketing. And any marketing is good for cryptocoin.
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In initial coin offering the organizing team members altogether fix a base price for their token after it get listed on any exchanges the value mainly depends on the supply and demand also buyers and sellers opinions.
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I agree with you. Bitcoin should be used as a money not investment because satoshi actually invent it for the purpose of alternative digital version of actual money. But it is still not old enough to be used as money. You see the value is volatile and some other issues that are restraining it to be used as money.
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Yeah. You are actually right. I like the idea about store private keys in different location. I also prefer it to hand written on some paper or notebook. And offline wallet also very secure. Might this help all who are concerned about their bitcoin security.
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The motivation is that cryptocurrency is very volatile. And good project or ICO has a great chance to increase the value big time like bitcoin or ethereum. All people are looking for investment that will give you immense profit within a short period of time also with minimal budget and I think that investing on ICO is best way to achieve it.
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