How much money have you invested in bitcoins and altcoins? What's your purpose investing in cryptocurrency? Are you investing only for earning money?
The specific amount invested by a person will not give you any information. It is most interesting to know what percentage of income a person invests in the crypto currency or what percentage of savings.
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what do people think ?? Once a year reached a new peak, last year was $ 1,500, this year will be $ 2,000 "may"
It would be very good, but now I'm pessimistic and I think that if it happens then only by the end of the year. I invested in EF when it cost $ 400 and continued to do it even on peaks. After the correction happened I expect growth and I think at what levels it will be necessary to fix a part of the profit.
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Thank you very much, useful article, although I already knew most of the information. I want to ask you - which of the actual bounty campaigns do you consider promising? There are such at the moment?
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In order for the hodling not to be a BS, it is necessary to choose good coins. I think that this is any pair of coins from the top 10. If you choose smaller coins, then you need to buy more than two or three coins. To get a diversified portfolio it will be necessary to buy 10-15 coins a minimum.
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In one form or another, ICO will exist much longer than 2-3 years. Perhaps the conditions for their conduct will change - for example, it will be necessary to fully verify the identity of participants, payment of taxes, etc. But this will lead to the emergence of "illegal" ICO, private, with less strict requirements.
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I mean, once the tokens we earned doing bounties hit the exchanges, these probably lower their price and we will not be generating the money we expected, is not it?
Maybe at some moments this happens. In any case, it is obvious to me that the tokens you received from participating in the bounty campaign do not have to be sold immediately. It is most profitable to keep them for a year or more. When the project is implemented, they will cost more. In addition to this, the trend for the growth of the entire crypt should return.
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I think yes be patient. since I joined the crypto community I learned to be patient. Survive for several months maybe a year. then you will see the benefits you are looking for.
I agree with you if investing in 10 projects and waiting for a year or more results from their work, then the profit from successful projects will be greater in several times than the investment made. And if you are lucky and you have chosen promising projects, then the profit will be huge.
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Low prices are a great opportunity to buy coins in addition. If this is not possible, then just wait, everything will be fine, this cycle is not the last time, so you need to be patient.
I think that now it is very profitable to get paid for working in the crypto currency and save it. Sooner or later the rate will grow significantly and it will turn out that you did the work at an overestimated price.
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It is so much better to read whitepaper of everything. I want to thank you guys for reminding this. Many people jump into useless token projects because they are greedy and non wise to spend some time reading those papers.
Many projects order the writing of white paper from specialists, so white paper can not be an indicator of the reliability of the project. But there is a lot of useful information in white paper, so it is profitable to study it.
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This is a good observation, but very often I see how many bounty hunters sell their tokens even before the official listing - on decentralized exchanges. I wonder they regret the missed opportunities? Many coins and tokens make large X later.
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What about the crypt? tell me when it will unfold? Or give a sign at least some, because I'm already beginning to think about quitting the game.
If you think about quitting the game you did something wrong. Crypto is the only space where you can really score big in the next couple of years without putting too much of your money. Just keep reading and digging. Learn about the use cases, about smart contracts and so on. I agree with you, the crypto currencies in the coming years will give the highest percentage in comparison with other investments. Even if there are temporary price drops, the overall trend is growth. Plus, I value the ideological component - freedom from fiat money.
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I have been wondering how directly and indirectly fluctuations in the price of bitcoin affects ICOs performance at that time. Anyone who knows this can assist in the explanation.
If the bitcoin price falls, and the price of the project's tokens is set in bitcoins, then investors should invest in ICO to fix their profits. But when the price of bitcoin grows, the whole market grows and this adds optimism to investors.
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I think KYC procedure should be for big investor only. It is waste of time for bounty hunters and bounty managers. And many bounty hunters don't receive big money in campaigns.
Interestingly, those participants of social campaigns that participate simultaneously in 60-70 campaigns will be able to find the time to go everywhere the KYC?
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I want to start investing for ico and trading. Please to help from where should I start?
What needs to be prepared and cared for before starting it?
I am very grateful for the members who helped me in this forum.
and maybe this can also re-remind the new citizens who want to enter the world of investment (trading and ico).
thanks
Trade is quite a nervous occupation, I do not advise you to do this. It is best to invest in ICO, here from you requires only a calm analysis and patience.
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If you made a long-term investment and used free money, then you do not need to do anything, just wait for the price recovery and the renewal of the highs.
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Do you think ICO is the best way to invest in?
If we are talking about small and medium amounts of money, then yes, this is the best way to invest. Minimum costs and minimal formalities make it easy for everyone to participate. This greatly increases the project's ability to finance and ultimately helps it to become successful.
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Time to wait. On the one hand, the situation looks very profitable for investment, on the other hand there is no guarantee that the bottom is reached. I would rather wait for a more sustainable and long growth and then start buying.
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I think everyone should read whitepapers before investing in ICOs or joining bounty campaigns. They include important informations about the project, roadmap, the team also. While you are searching for new ICOs to invest these factors have important role. So it is better to read them to understand project main idea.
I read a lot of white papers and eventually stopped doing it. Sometimes I read white paper in order to clarify some special issue. But in general it is too large a document in order to spend time on it. And I do not think that with its help you can understand the adequacy of the project, since many projects order white paper from third parties.
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I think the investment will bring higher profits and faster
Not always faster. Sometimes you have to wait a year or more before you get a profit. But due to scalability, the profit from investing is undoubtedly more than from participating in bounty campaigns.
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BITCOIN vs ETH ? your thoughts ?
The price of bitcoin is low, but it is far from the minimum, so I would not switch from bitcoin to ETH if I had many bitcoins. If you invest from fiat now, then I would prefer ETH, it fell stronger and has more potential for recovery.
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