Its the same reason, scam. This is one of the main reasons why its hard to attract investors because it isn't a current thing. This has been there from time immemorial. Probably, these investors have been cheated in one or two.projects they participated and are now cautious of the upcoming projects.
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In order to be successful in any industry, you need to take risk. We all know that cryptocurrency is risky and investing in new projects doesn't change that fact. Everyone has his or her way of thinking and making decision. I personally, will not invest in new projects for now because I believe its a waste of resources. Instead, I'll invest in coins that have good credibility.
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There's no way ripple will die. I'm not a big fan of ripple but I know that ripple is the number three biggest cryptocurrency after bitcoin and ethereum which is supported by a powerful group of people. Ripple has always been one of the favourites in cryptocurrency business so there's no way ripple will die.
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I always say that cryptocurrency is unpredictable and that anything can happen. Things can work for good or may turn the other way round. Nevertheless, there are still great coins out there that are worthy to invest in especially in 2020 which is just two to three months away. I believe BTC, ETH,XRP and ripple will dominate the market next year.
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Between these two cryptocurrencies, I'll go for ethereum than ADA because ethereum has been a great coin after bitcoin. It has also been successful throughout these psst years. Ethereum has a great potential and that benefit outweighs ADA.
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Exactly. Its very difficult to judge a project which hasn't been looked into because you might judge it wrongly and that will be unfair so its wise to research about a particular project especially new projects before you conclude on anything.
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Seeing the current condition of the cryptocurrency market, its normal for investors to be afraid of new projects because they know little about the project, its ideology and the team behind. That's why its important to look into the project before investing.
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Be mindful that hackers are all over the place now who are seeking for an account to break in so you.need to be very cautious about people around you and who share your details with thus your private key. No one is to be trusted. Be vigilant.
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Of course. What makes you think that altcoins will never come back again? I believe altcoins are going to be bigger and better very soon. We just need to be patient and hope the best for the altcoins.
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I always say decisions we take in cryptocurrency affect our earnings. Investing in a cryptocurrency for long or short term is. a decision and a personal choice to make base don't the type of coin you hold in your portfolio though both are risky so its a choice.
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There are a whole lot of coins in cryptocurrency now. Some are trustworthy and genuine to invest, others are just shit coins that are worthless so you need to be careful when investing in crypto coins. However, I have some coins that have high potential in my portfolio. These coins are ethereum, bitcoin and ripple.
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Yes. In my opinion, I believe IEO will be good in the future. IEO now is looking better and more safer than ICO by minimising the incidence of scammers than in ICO. This has made many people gained confidence in IEO now.
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Cryptocurrency is a risk taking business which involves lot of scammers and fraudsters so you need to be careful in terms of protecting your tokens. There are many media to protect your tokens but I prefer hardware wallet because it's safe.
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Its very painful when you lose any of your altcoins to hackers since you can't do anything about it rather its a lesson which will help you protect your account well from hackers the next time.
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To identify a transparent project team, you need to do a little background checking of the team members to find out whether they're genuine or not and also the face of the project. You can also do video call, compare and match if the same as what is listed on the project.
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There are lot of ways to earn free alternative coins in cryptocurrency. You can join airdrop and bounty campaigns to earn some tokens. Aside that, blogging is also another factor or method to earn free alternative coins too though there are some risks involved.
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Cryptocurrency is unpredictable as well.as alternative coins. However, this shouldn't make us panic. I think the future of altcoins is very bright despite the fluctuations in the prices on the market now. There's still hope.
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There are lot of new projects in the cryptocurrency industry now and these are suffering because of the bearish season of alternative coins. Some of these coins are great while.others are also not worthy or.let me say they are scam. For now, I think we have to wait until prices increase before we cān take action.
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BNB can be the next bitcoin in the future. I believe so. However, if it really wants to be a replica of bitcoin, then it needs to work harder in terms of management and have determination to reach that goal. Binance has more room to grow.
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There's no harm in investing in multiple alternative coins. You just need to be careful and more informed about the kind of coin you want to invest so you don't invest in shit coins. Also, you need to take extra caution about your wallet key and password by not sharing it with others.
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