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It is difficult to find a potential ICO project, as there are currently too many projects on the market. We do not know which project has more potential. You can check the concept , whitepaper before investing into it.
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I think that it will be profitable to buy an Etherium for $ 10,000. I heard a lot of opinions of experts who say that the course of the Etherium at the end of the year will reach $ 2000.
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If you have active twitter and facebook accounts with reasonable followers/friends then you can join multiple bounties for different coins and also join 1 signature campaign according to your rank on the forum.
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It's too way thing, something you might hold and in few days, the price will dump so bad that you will start to regret, and some case, you will sell too early and later the price will jump up so high, it depends on project, for me always hold good projects.
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Well if you sell them all and the price goes down maybe it was bad decision that you make, But must better sell a small amount first if the price in a low value. But it was a experience for you also to doing that but next time need some careful doing that.
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The ICO that I'm being involved was just a recommendation from my co bitcoiners. They are referring ICO 's to me since I trust them that they are choosing one of the best ICOs.
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Maybe it is yes that new coins are scam in recent days because many coins are coming but not listed in the exchanges still now. I remember one coin that is Synchro Coin still it is on hold after the distribution passed one year. Likewise, many coins in my portfolio and still in the same situation.
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It is very difficult like you said since the scam project may be well planned with interesting and convincing whitepaper. I personally think the team should be a major criteria to predict whether a project is a scam or not.
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There are lots of ICO companies in the cryptocurrency. Through this its hard to choose the best one that is very affordable to invest yet the services are great. So many investors are confuse now.
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I firmly believe that Know Your Customer isnīt a suitable process for many cryptocurrencies. These donīt own the righs of securities and must not require of that approach.
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I agree with you. When investing something should learn the risks that can be encountered and crypto is no exception. Crypto can be profitable when investing, but the cyclical market rule is inevitable. Crypto is still too small so it takes time to reduce the crypto values that can grow again.
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Not all ICO projects are scam, there are still genuine projects around. However, you have to research well before investing. The ROI will take longer time to achieve since it is a new project, hence you must be prepared to hold for a longer period.
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For cryptos to become popular in the future, I think it will take at least 10 years for cryptos to become popular. By then the cryptocurrency will ultimately replace the fiat currency to become the most popular currency in the world. So we can confidently believe in a bright future with cryptos.
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I agree that some of the airdrops are good for us to participate in, much to contribute by selectively choosing the airdrop it has the potential to earn a considerable amount of profits, but still be careful and thorough in choosing the airdrop as most proved to be cheated by the hands not responsible.
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Of course you need to hold. If all crypto starts to grow in the coming months, then most of these tokens will return as a minimum to the price of ICO. Most projects, including the most unsuccessful projects, will experience at least one pump and dump.
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Cryptocurrency is still relatively new, just like any startups it requires time to grow and gain acceptance. Blockchain technology upon which crypto is built is good and will only take some time for mass adoption. People are still skeptical possibly because of regulations but only time will tell on the future of crypto.
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I will choose Ripple, and Ripple has many qualified investors including Banks. Why didn't I choose Tron? Because the main network of Tron has not been online yet, Tron still has a high risk.
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In the medical field use of blockchain technology looks very promising. Processing and storage of large amounts of information and ensuring their safety can be effectively done with the help of a blockchain.
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The crypto money market has been very depressed in recent months, but nowadays the market has recovered a bit more. I think in the coming months there will be better news on the market and the prices will increase significantly.
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For now I think Altcoin is on a downward trend, but I think it's just a cycle, and expect the price to be back at the pump, so my advice to you is to hold the coin and sell it at the right moment.
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