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I am holding and trying to gather as much money as possible to buy more...
I think the panic sale people are almost gone by now... those freshmans from 2017 that were thinking that crypto was all about earnings and never losses...
nevertheless the market is loosing and seems that it will going on this trend for a while...
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on my case, I still haven't received any rewards... some dissapear, others postpone the ico indefinitely, others prolong the bounty indefinitely, suddenly decide that kyc is necessary, etc...
I think that from a handfull of bounties I've worked on the past months, I'll be receiving only 1 or 2 if i'm lucky... but who knows if they'll be worth something someday.... hahahaha... it is not only about receiving, but if they are worthless it is pointless...
This only shows that definitely the great majority of ICOs are only after the quick cash... if they were real projects they'll keep on going, find different financing approaches, etc...
I think I'll stop doing bounties
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First of all, is the source confirmed? Are we sure? At this point, with so much FUD and fake news around, the only way to be sure on what oncle Bill thinks would be to speak to him...
Than, we shouldn't believe on everything we hear.... oncle Bill has a large stake on ETH (or supposedly he has or had)... so it is only natural that BTC is not so good, and besides, do we know that he is not fudding in order to accumulate???
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well, you are based on the principle that your girlfriend would be very valuable  I understand your feelings man... I bought as much altcoins as I could and I would buy more if I had the money! It is time for the weak to run and for the rest of us to fill the largest bags we can find |
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To have a better understanding the first thing you should do would be looking at the past years and not only starting in 2017 Bear seasons are a part of the system, and so do corrections... it is all a cycle If we look at BTC, it was around 1200$ before the last bull run... after this black year and loosing around 80% in value, we are still holding a value that is almost 3X that... for me... this is on track |
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the problem is that most people behave like parasites and just don't care about anything else but their own small profit... just waiting for someone else to do the thinking and working for you...
they are so dumb that they even hurt themselves, selling really bellow the real value
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Bitcoin has definitely more lives than a cat... these economy doctor guys can say what they want... it is only natural that they are defending their dollar printing machines... The fact is that even after such a correction BTC stilll holds almost 3x the value it had before the last bull run... and everyone in economy knows these things go in cycles... so mr. Roubini... go preach somewhere else... |
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at this point, I've decided to stick to the top 50-60 alts, as the bear is selecting the weak and these have the most probability to be the strong...
not that I don't put my eyes on some excepcions, but as a rule, my aim is the top alts... too much risk on the others
I only wish I had more money to buy alts / btc at these sale prices
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you guys need to look at history (on the charts) and think about the global picture... bear seasons are a part of the economy and the last one lasted for 2 years... you definitely need to adapt because if you want to survive on this world you need to be able to take profit both on bear and bull markets... Some people tought the market would be rising forever and everyone would be gaining a lot of money forever... do you think this would be possible? things need to get leveled and balanced... thank the bear for it... |
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High volatility and lack of regulation make it less attractive, besides, BTC has slow and costly transactions that make it even less atractive for a business... remember what hapenned a few months ago, with transactions longing for more than 24h... I would accept BTC on my business, but only on certain circusntances
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definitely these are good examples of solid, cheap coins. There are a lot other opportunities from new projects that have gone way doen after the ICO and are almost giving away, but at this point, with another bear knocking at the door, the risk is high on these new projects, so I would go for the top 50... less risk, also sale price cheers and good investments |
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In my humble oppinion, it is a very good time to buy alts... it is "black season", prices are really on sale...
My only regret is not having enough free coin to buy more alts at this point... everything is pointing to a great alt season ahead
I would choose mostly from cmc top 50, as these should be the most solid ones
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The market is down everywhere... some projects are less harmed than others, but in the end, almost all of them went down with BTC...
You also have to consider that these are times of selection... so some projects, even though they have collected a lot of money, might be facing problems, some people may have some scam suspicions, teams that are silent, promises that are not delivered, etc...
this means people are not believing enough to buy the deep
have you checked those projects on telegram, for example?
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This is why there are cults and such... people get overwelmed and are carefully driven on their emotions to the point where the scammer want's them...
People behave a lot like sheep on a herd... and when money is concerned the herd turns carnivorous and greed takes over... the idea of uncountable riches rules thir mind and they just do what they are told by the master ...
human nature is sometimes so keen and strong and sometimes so dumb and predictable...
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I think this might well apply to 2019 and not 2018... I think 2018 was a squeezing year... on 2017 everyone went crazy and the prices went to ridiculous highs... so it has to get back to level It has some chances that 2019 is in fact the year of the alts with the btc stable on a lower level... let's see |
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When joining a bounty I always ask first about the kyc, but it is useless as I have just found on Alfa-Enzo bounty in which I have asked the founder directly before doing the bounty and there was no kyc required. After the bounty is done, they have changed the rules and now kyc is required.
It is a total joke that bounty hunters have to share their personal ids for a project that can fail, can be scam, etc... especially with KYC documents dfor sale on the dark web... and in exchange tor a handfull of tokens that most of times are worthless
I understand that there are many cheaters and useless bounty hunters that need to be cut off... but this way they'll be also cutting off a lot of serious people...
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You need to check those projects thorougly... but anyway, you should have a little more pacience because next year might turn into an alt year and your alts might grow...
If not, sometimes is better to cut the loss, and try to invest in something else more promising , trying to recover the loss on a longer term...
be cool, think about it, do research... and then decide
good luck
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I do believe in Ethereum... it's technology and dev team are unique and are working to upgrade and solve the existing issues... it was inevitable that Eth went to around 100$ because of so many trash ICOs that need to be terminated in order to clear up the system and proceed... I think Eth will remain on the top... as concerning the exact place on the list ... it is irrelevant as most projects differ a lot from each other... (just recently xrp passed eth and that doesn't mean a thing) |
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