The only thing that we can do is to hold our coins. I mean you do not have a lot of opportunities if you have bought Bitcoin for 15k USD, the only remained solution is to hold your coins till the better market conditions.
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I thought the majority of our community has already understood that this is not the best way of how to get a millionaire within several hours. Work hard pays off and you need to make a lot to reach success in our industry.
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I think there are a few more reasons for that. The most obvious one are the market conditions, people are not ready to invest at the moment, when everything is falling. Another good reason are scam projects, people are scared of getting tricked.
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Unfortunately, there are too much scam projects on the market at this moment. Only with a deep research you will be able to avoid participating or promoting such ICOs. Invest some time and make a deep research.
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Only own research will help you to detect a legit ICO. If you would read 100 whitepapers, examine 100 teams and telegram communies, you will be eligible to detect fraud projects pretty fast. Unfortunately nobody wants to invest time in such important things. Everybody wants only profit.
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I see much more potential in coins, that have not yet experienced any bull run. If any coin is around its ICO price at the moment and it has a good potential, it will be pumped pretty hard as soon as the market recovers.
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It is not the best solution for newbies, because they cannot trade. They are just buying coins and waiting till they would get their profit. You do not need to be greedy and even with holding you can get good profit.
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I like projects that looks good, especially at the moment when almost every ICO looks the same. But it is not important for the success of a company, what really matters are whitepaper, team and the product.
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I think 2018 has shown that there are no crypto experts and people that can predict the market movements. Everybody was saying that 2018 would be even better than 2017 and that ETH will be on top. Nothing happened.
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I have strong doubts that any altcoin will replace Ethereum, besides this centralised coin. The majority of all altcoins are based on Ethereum blockchain and there are tons of new projects that are going to launch their token on this blockchain. If cardano wants to compete with ETH, the devs have much work to do
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Due to the current market situation all ICOs are facing not their best times, but I am sure when the market will recover, we would see so much ICOs and bounties as never before. Keep believing in crypto currencies!
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They are going to be used for another bounty rounds. But I think that the team members are sharing them within the team. It is only a theory and if the project is really honest, they will burn them to increase the token price.
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They are not trash or scam, the falling ICO trend is combined with the current market conditions and it is sad that people are not investing in a lot of great projects at the moment. Just wait and you will see that the ICOs trend would recover.
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Why should you sell your coins, just before the new bullish trend shows up? Just wait for some more months and try to hold your crypto assets. Things will change as soon as the market is going to recover its value.
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A great strategy at the moment is to buy some great tokens after their first exchange listing. Because bounty hunters are dumping the coin price to get at least something on this market and it creates a good chance to buy new alts.
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I have no doubts that the market will recover after the first months of the upcoming year. The worst decision that you can take right now is to sell your coins and to regret in the nearest future. Be more patient guys.
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I mean, if a crypto currencies is worth several cents it does not mean that it is going to reach 10 USD within the next bull run. Look at the total supply and everything that has more than 500 million coins will never reach the bar of 5 USD per coin.
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It is not easy to see your portfolio decreasing every day, but you need to be strong and to know that the fall cannot last forever and one day the market is going to recover and you will get your money back with additional profit.
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The depression is going to end soon. We have lost a lot of people during this year, because a lot of them have lost hope. I have no doubts that in the nearest future, the market is going to recover and we will see a lot of new investors.
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Be aware of scammers and fishing websites. If you have an anti virus software, you should only follow the instructions and launch your PC check up, at least every week. If you would follow these steps, you will be protected.
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