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In every type of investments there’s always a risk, investing in crypto is no difference consider it a double risk if you fail to understand where your putting your money is. As much as possible investors should learn how to diversify portfolio and not only focus on few investments.
But a newbie won't have much of capital fund to diversify portfolio well enough. This kinda dilemma that stack odds against newbies and reason why a lot of them fail in the beginning. |
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Do not expect that all projects from bubbalex will be top notch because Cartesi project landed on binance exchange, if you think it will be the same with other bounties from him you are simply deceiving yourselves, no bounty manager is perfect, let that sink in.
True, people need to be realistic for a moment and not putting too much hope on bubbalex. I'm sure the guy also doesn't want too much expectation in his future bounty project because if it doesn't meet the expectation, lot of bad things will happen. |
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Centralized shit but still make it to top 5, isn't profit making is why majority are into crypto? Who cares if the profit is from centralized or decentralized projects? No coin is shit to me, I'm more interested in how much I make
But will everyone have the same thinking like you that only focus on profit and tolerate a centralized coin like Ripple? Cause if everyone only holds a certain coin just because they think they could make a profit from others and there's no real use case, does it sound good to you? Pretty much speak a lot for Ripple's state right now. |
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I think mainly because they overestimate their reward worth. Even with limited participants, just a change in terms of price could make everyone's efforts down to the drain since the price is too low and not worth it. Fixed bounty allocations and limited participants only work for projects with a stable price both at the start and at the end of the bounty.
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I don't know whether such years will return or not, but I hope that they will return soon whether this year or in 2021, I honestly wait for that. although it looks difficult because now there are enough scammers trying to use crypto, so I think investors will be very careful in choosing projects so that the popularity of crypto is difficult to achieve as in 2016-2018. however, it will return when the price of bitcoin reaches another $ 20k.
If you want the market to return to 2017, I think we must first remove all scam projects from this market. Then the new altcoin market can develop and investors will fully trust those altcoins. Altcoin scam is killing this market Big wrong, the crypto market in 2017 has plenty of scam projects too (bitcoinnect, hello?). They even more rampant with scam projects compare it today. I thought 2020 would be a big year for crypto and bitcoin but the covid come in play and f up everything. Now, we're dreaming about back then, 2017. Great! |
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Or how about investing in coins that already succeeded so that you're still likely to be safe if either of the events happen.
Nobody can tell how the market will go for the next week/month/years.
Hold for the coins that were already established and catch up to those projects that you "think" that could "promise" you good profits.
But coins that already well-established and succeeded doesn't give back huge profit as under radar, relatively new and young altcoins. Kinda similar to HYIP where the profit is equal to the risk. More risk = more profit that's why you see they try to invest in altcoins. |
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The best altcoins for payments should have fast transaction speed and very cheap transaction fee too, here are few good altcoins I think will fit this area
1. Litecoin
2. Ripple
3. Stellar
Doge coin will also be a great option. Its transaction speed is very fast and its fee is also very cheap. Dogecoin deserves to be one of the altcoins we can invest in and expect profits from it Yeah, doge and other coins listed above always have their place in the market cause they are popular in every exchange but also fast. Tho, other than that, I don't think they need to be increased so high just for profit. |
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The truth is that everyone is in for the money, once they get paid they might not really care about anything else, but I think there are some managers that are selective, but then you as a bounty hunter really have to do your own research as to do a bounty project or not, so it's up to you to make a good selection.
For real, everyone do it for the money, bounty managers too so people should stop putting too much trust in bounty managers. Yes, he/she might have a good reputation so far but we will never know one day, they would pull an exit base on their high reputation. Make a good choice on what bounty project you want to join, try to find any dirt on that project till it's safe. |
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the maximum supply for a project coin certainly affects the price, look at the supply from DOGE or DENT, they are very difficult to ride high, and very easy to dump, honestly I don't like
Not really, that two coins fail to ride high as you said because they are not a good coin from the beginning. There is no vision or clear direction and no unique technology to make those two stands out. Even with low supply, I don't think they will do better. |
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It does not matter which one is on top as long as these top exchanges are capable of bringing their services to what their investors/customers need and they are satisfied with it. And I think Binance has been on CMC's top list eve before CZ aquired CMC and still it remain its good reptation as the number 1 exchange today in cryptomarket.
That's right. I don't get it why people right now don't like Binance after the Binance's deal of taking over CMC. They are the best one before the deal so it isn't like Binance needs to manipulate CMC to hold the top 1 position. |
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You are right, and one thing we should know is that the market is continuous ,if you don't get into one, there are several others you will fall into, so don't rush it, it's called FOMO which could lead to loss, allow the market come to you ,try to get into it at retracement or dip, it's an opportunity.
He is right, but tell this to short-term traders, they are trading everyday and they trade on this waves. Majority lose money, we discuss that, but some traders make a lot of money from this. For me it's hard to trade every day because of my obligations, I don't have time for that. It's why I don't follow waves, I invest and hold, slowly waves are bigger and the prices are rising, in next years this market will grow a lot. Trading everyday sounds even worse than hop up on every market wave. I think only a whale could afford the day trader thing to looking for higher profit. |
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you just never know so keep digging till you find gold.
don't just dig up friend, but we also have to look at the quality of the project, because now I see bounty hunters, especially those who join social media campaigns more blindly Because there are so few campaigns running, so they will participate in all campaigns without any difficulty. Then they went on to complain that there are so many bounty scams in this market and they are wasting time with it. Always do research before engaging in any campaign right now, and look for other ways to make money in this market. Bounty is no longer as cool as previous years I think it's time people need to understand that bounties weren't profitable like it used to be. That they need to develop a skill to trade for reward than just relying on basic everyone can do like airdrop. |
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#PROOF OF REGISTRATION
Bitcointalk Username: Janus101
Telegram Username: @jmjanus
Participated Campaigns: Signature
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It was gold backed cryptocurrency and now silver backed cryptocurrency. What's next? Diamond backed cryptocurrency, ruby backed cryptocurrency, and so go on of every valuable mineral, yes? Unless there are trusted bank to audit and verify your whatever-asset-backed cryptocurrency, this is going to become slate very fast.
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Because when POS happens, AFAIK the minimum amount for you to become eligible to stake must be 32 ETHs.
32? That's an insane lot just to start earning passively and the returns only start from 4% onwards. That 32 ETH minimum amount to be eligible to stake sounds ridiculous in my opinion. When ETH was proof of work, you can mine it in less than $100 VGA and still profitable if the electricity cheap enough. That's cost like half of an ethereum right now. If we take 32 ETH and covert it to roughly amount to set up mining hardware, the curtain of proof of stake clearly higher than the old proof of work. |
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You're right, for now. Yes bitcoin is still a king and altcoins still have to depend on its signal. But nothing stays still forever and I believe that one day, there will a coin dethrone bitcoin. Someone mentioned USDT as stable coin so it doesn't depend on bitcoin but that's silly to use a stable to make a comparison with crypto.
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Literally "beating a dead horse". You should spend your efforts on creating a new coin instead take over someone's failure. There is a good reason why it was a dead coin and try to revive it could leading to more hassle than it worth.
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Don't know, stablecoin sure is great to flip between it and bitcoin when there is a dip but 'brah, money printer goes' meme. Honestly, stablecoin has a risk too so we will never know when it crashing down. Also, you either a veteran trader with good sense of timing or a seer to actually know when to buy, when to sell and at what price. That takes a lot of effort and skill, not easy as you said.
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Please no, not the sinking ship Venezuela. Honestly, Venezuelan is so bad that DASH won't gain much from them. |
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