It is the question of the mass adoption of crypto. Nowadays the modern trend is to use your bank account and in the modern counties, you do not need cash at all. Everybody is using online transactions and this is an advantage that crypto can use.
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I have never seen something like that. If I mention that something is wrong with the team members or the whitepaper I always skip this project and moving on to the next one. Never take part in such projects, because it is always scam.
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ICO is a great opportunity to raise funds and the chance for people will an amazing idea to collect funds for their project. But you are right, due to that fact, there are too much ICOs and a lot of them are not legit, so be very careful before investing in something.
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Yes the time is awesome to start investing in crypto currencies. But as a small advise, find a good ICO in that you would take part in. Just wait till the ICO will go live on exchanges and you will get their tokens for the much smaller price.
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I had a lot of experience in joining bounties, participating in airdrops and taking part in ICOs. Everything gave its profit. But for the airdrops you need to participate in everyone to get at least one, that will worth it. Bounties also gave a lot of tokens. If you are careful with ICOs, you will also be able to gain big profits.
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You are right, there are too much ICOs at the moment, and a lot of them are turning to be scam. Just be prepared and before starting your work or investing your own money, just take some hours to check the project if it is legit. At least read the whitepaper.
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You should make a good investigation before investing in any coin. Research their website, check the team members, the developers and so on. Moreover, you will need to read the most important documents of an ICO. Than you will need to check the community numbers and the ratings.
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Crypto space is not for everyone. People are coming here to earn huge money within several months and after failing to do so, they usually quit. Crypto currencies market is about patience and strategy. If you can be patient and hodl you coins, you will be rewarded in long term.
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There are two completely different years. The whole 2018 the market was falling and the main reason was the BTC dump. I do not think that the next bull run happens in this year because after such a pump, the market is usually falling for the next few years. But in October 2017, nobody could expect the pump as well, so we can only hope that this will happen again.
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All of the things, that you have listed there. The first thing is that I am using Ethereum for payments among the community on a regular basis. Secondly Ethereum is the best coin to participate in ICOs, because almost every ICO accepts Ethereum.
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I think you need to diversificate your funds better than just investing in one coin. Divide your deposit into 5-10 equal parts and invest one part in ETH, another in BTC and in 5-6 great altcoins, that have a very big future, like NEO, XLM or IOTA.
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For sure, it could happen one day. But the market is to young for this. Maybe in 10-20 years we will see that the volatility is smaller than by gold. But I do not hope, that this will happen, because it will cut off the opportunities to earn money, such as daily and margin trading.
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Not always. But at the current market, bounty hunters are trying to earn at least anything. 99 percent of all ICOs are losing their price as soon as they go live on any exchange and this is sad. Imagine if you are a bounty hunter and worked for 3 months for a project thats ICO price was 1 USD. If you do not sell these coins now, the price will be 0,05 USD in just few moments.
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Never sell deep. This is the law of the crypto currencies market. We need to be more patient and maybe try to multiply our portfolios even on the falling market. You can look at the margin trading, this allows you to earn money even at the red market. But you should also take the risks in attention.
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It is usually another project that won't reach its fundraising goals due to the market conditions. It is very hard to find an angel investor at the moment, because no ICO can guarantee profit on such a market. You will get one, when the market will turn green, but now it is going to be very difficult.
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The old coins are still profitable, but due to the current market situation no coin can recover from fall. Even all new coins are losing their price, as soon as they get listed on the first exchange. We need more hype and more investors to change the situation.
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There are a lot of opportunities what to do now. You can join bounties to earn new coins, you can also trade the coins, that you already have to multiply your deposit. But I would suggest to buy deep right now. Buy some more of these coins, that you already have.
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Altcoins are very deep right now. Nobody knows if the market is going to be green this year or not. No one can guarantee this, but we know for sure, that the bull run will come. So hodl your coins and stay calm. Believe in crypto and wait for the better times to come.
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I think that the most perspective altcoin is Ethereum. It is a very serious coin, that will bring you big benefits in the nearest future. I also think, that Ethereum deserve the right to be the number one crypto currency and it will happen one day for sure.
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Great topic. I hope somebody could explain why this drop continued for the last 9 months. It cannot last forever, because people are tired of this market and the bulls are going to come into the market every week. Just wait and stay calm.
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