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Well most of them never really completely die, they are still twitching from time to time after the trading volume dries up. They can become a target for pump and dump schemes etc. But leaving semantics on the side, a lot of alts will quietly slide into obscurity for sure, surviving of the fittest and all of that.
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As stated above me, inspect their LinkedIn profiles and see their previous experiences and employments and most importantly, do a reverse image search of their pictures. Maybe people behind a potential scam project were too sloppy and didn't bother to edit the pictures of random folks on the internet.
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A blockchain (infrastructure) projects with zillions of TPS are the only way to go. It seems people are biting a lot when these kid of claims are mentioned. Not complaining tho, some of these projects can be game changers in a long run.
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I created a pretty risky portfolio, but if it pulls thru, it can give pretty crazy returns. But yea, most of my holdings are infrastructure projects, mostly under the radar ones, the ones that could "boom" any time.
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Until the regulatory bodies wake up and ruin our party. After that happens it could be too difficult or risky for projects to run these campaigns, so I assume they will be back to gravitating towards the more classical marketing approaches.
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The main factor is being one of the first "adopters" or better put, players. Some of the first CryptoKitties were selling for tens of thousands of dollars at the peak of the game, not sure how the kitty scene is doings now, it rapidly lost its novelty.
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Its entertaining to see some people recommending totally obscure coins, I guess their bags are heavy  . But if I stick to the point, you should be good with infrastructure projects, I would avoid holding dApps in these turbulent times. |
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If you are not in the possession of a hardware wallet, it could be safer to store your holdings on a reliable exchange like Binance where you have options to turn on 2FA which adds another layer of security to your account. But if you have a hardware wallet, there is no doubt that it is superior on basically every front to storing your stuff on an exchange.
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Now its price is so low that it is probably a more than a solid mid/long term investment even if its future seems to be a bit uncertain. I bought a ton of it lately, but just because of the NEX ICO, but no, I am not planning to add it to my portfolio any time soon.
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I know the feeling. In the beginning of my bounty hunting days I participated in a sig campaign for multiple months and was given an allocation of hundreds of dollars but they were unable to reach the soft cap so all was for nothing. It happens, even if the project seems to have a solid fundamentals, you can never be 100% sure that you will get something in the end.
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Not that much to be honest, definitely a lot less than some other folks. About half an hour a day on most days, but when I have something bigger in the queue like a translation, then this can stretch to multiple hours per day.
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Indeed, if thousands of new people from poorer countries will get into the bounty hunting scene, the whole thing will rapidly become over-saturated, especially the social media campaigns. So lets keep the whole thing as it is, a semi hidden secret.
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I mean I am sure it has been pointed out 100 times already in this thread, but you should definitely try to get into bounty hunting if you are eager to earn some doe. If you have some additional skills (not just social media spamming) like translating, you can go a long way ever in this shitty market.
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Last year there was no shortage of scam campaigns/projects as well, but it seems that last year the teams behind it were much more eager to pay the rewards, now a lot of times you have to give away a kidney to receive your earned tokens.
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Its not the end for alts, all of the people saying this are just a living hyperbole. If we will indeed enter into the crypto winter, a lof of shitcoins and semi-shitcoins can cease to exist but the strong players will still be there to kick some ass.
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