Most people panic buy and it ends-up hurting them. I will say lack of proper analysis and FOMO is the main cause People feel like they dont want to miss the train and their emotion get over their reasoning which happens most of the time I think learning control will help but I think is natural to FOMO sometimes
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Is a bit risky holding it but from the way i see it I think is already used in many exchanges and is like the most dominant crypto stablecoin out there Personally I think having those strings and holding positions make it a coin to be relied on for now.
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I really doubt that ICOs are coming back I think on a good note they are gone and is even better for everyone The IEO have actually replaced them and now we have DEFI and bounding curve I think market have really gone through alot and there is a huge development there Its still risky though but well developed
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Basically I think No Traditional banking will be here as far as fiat is been used, from the look of things I will say not many people are using crypto in large scale and there is also countries policies and restrictions So maybe when there are major usage in large communities then we can talk about effect of defi on traditional banking system
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If you didnt buy way back then I will say you have already missed the train mate Reason is most of those coin have already hit High prices and are really unlikely to make any high gains again I will suggest looking into newer project Maybe you will find good ones there
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If you look at the price of ripple right now Do you honestly believe that is going to cross 1$ anytime soon because the way i see it should ripple hit 0.5 It will all over the news as a remarkable achievement 10$ is like a dream but is your dream though
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I think different services and then high personal opinion of the rating agencies I think Mostly it has to do with geographical regions and then maybe some adverts attached to the rating I mean EOS is a good coin but there is absolutely no way it can over take BTC in rating but then maybe they have another perspective of look
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Most times I just wait till i see high listing on many exchanges and top quality ones before I buy the tokens My assumption been probably those exchanges will screen them out before approving them But is still Ok to go on with ICOs before listing, only ones with good reputations and sponsors that you trust
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Maybe Chainlink will hit another new high at 20 So I think if you didnt sell at 19, then hold your asset now as there is no need to sell during the correction phase. Correction phase are for acquisition and then HODL Prices will definitely shoot up again
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How realistically do you think what you typed is going to happen mate I mean 10K ETH by the end of the year What happening to other markets/assets, are they all dead or they decide to appoint ETH to do all the job. Wrong analysis or no analysis at all Thats what I think you are doing
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Maybe probably defi will be here for a while I will suggest people use extreme caution the way the handle their funds, some project are not really worth the risk FOMO is just real and it will be good to know how to handle that effectively I still FOMO but sometimes is better to give a project a month or 3-weeks runtime to see how it turns out
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Congrats to People that got to this post and took advantage of the Chainlink Am sure you are smiling now But even though I think Chainlink have shown its dominance and the things it can offer to the market Am very sure price will continue to rise toward the years end
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Launch project without audit and they really expect it to go smoothly I think their mistake is not checking everything first to make sure is up and running before launching with an obvious bug I really feel sad for those that lost their Money But I think is better to do some research and forget hype except on a high note that it has some big exchanges listing That way you can be sure it will be nicely audited
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Nobody can actually tell you whether a project will be profitable or not but am sure there will be plenty to tell you whether its good or not and Yeah it will be better to check out Some good IEOs from trusted Exchange that had successful IEOs Kucoin for example and then check Coinmarketcap once in a while
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ICOs basically ruin Cryptocurrencies and also made investor fear Crypto IEOs are fixing their mess So basically I think we should stick with The IEO I mean most IEOs these days are really successful Just check out Binance IEO They do make huge returns and they are really good
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Well when you move your asset into Exchange and do KYC with your passport is called WHAT? Decentralization on Cryptocurrencies is kinda losing momentum these days I mean yeah you can trade on DEX but at the end of the day you will want to tap into Binance, Bitmax or Kucoin and is likely you will do KYC Most project platform require KYC So I think Ripple is doing alright and It has great potentially HODL
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I think thats basically their site based rating so maybe they have categories and some checks that some coins dont just click I think it will be great if they give their criteria for choosing those Coin I think dont override those coins that feels great from their only rating since basically those site look like a low usage site
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True but these days even the real project can get you into trouble if DEVs decide to go numb and no longer update I have seen legit project that ended up like scam but that crypto for you 100% is basically not realistic So when you look up projects I will be good to check both angle and make sure the team have the energy to materialize the project. Maybe the team past projects and their level in the cryptocurrency market
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For now I think most DEFI have reached their limits so if i were you maybe i will find new projects on defi and invest As for the old one I think you will be safe with COMPOUND token It seems to have good backing and some guarantee but do your research first
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I just hope people take into considerations your points coz we had a similar situation when the altcoin started back in those days. Is likely that any project with the Defi tag is going to be followed by people, from the way i see it I think we have had enough of the project There is no need for new one since there is almost a dozen out there except is likely a next level innovation I think people should watch out upcoming project and be careful
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