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The crypto market is not stable due to various reasons: firstly because of the complexity of perception, because of the complexity of regulation, because of the huge activity of fraudsters. All this affects the unstable course as a whole.
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Now is the bad time for ICO. Every second project is a failure. It seems to me that it is better not to risk and buy after ICO. In this way, you minimize the risks.
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You are right in only one thing - the market will not always be bearish. We all observe how the bull trend reigns for more than 13 months. But if we return to 2015, then we see that Bitcoin also lost its position for 12 months, after which its growth followed. So do not despair, the growth of the market is not far off.
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I do not want to be a pessimist, but the year 2019 will not be ideal for crypto. Now the market has stopped its decline, but I do not see the prerequisites for new growth. My portfolio still holds coins that I don’t sell, because conditions are not favorable.
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To make and listen to predictions is a thankless task. The market is unpredictable. In order for the picture to take shape, you need all the puzzles to fall into place. So here, for the market to recover and return to the state of 2017, we need a combination of positive factors.
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I think that crypto is a demanded industry, which only stands on the first steps of its development. She has everything ahead. But crypto is very dependent on many factors and closely on the market situation. Bad market - bad prices for cryptocurrency. If the market turns green, your alts will make you a rich man!
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Finally, the coins stopped falling and stopped at a certain price. Bitcoin has even risen in price. I think that the stabilization of the market is now beginning, and now is the right time to buy coins.
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How can 1-2% of the total amount allocated to bounty hunters affect the price of a coin? Even if the hunters discard their tokens, this is a very small amount that does not affect anything.
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I do not understand why so much hype around "free" tokens. They usually cost nothing. True, there are strong projects whose tokens turn into big capital. But this is a big rarity. As a rule, tokens simply hang out in a wallet and do not bring any benefit.
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You correctly noticed that keeping alts is very risky. I tend more to Ethereum, because Ethereum is a complete environment for implementing decentralized applications (Dapps) using smart contracts. Ethereum is more popular and demanded.
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Experience! Where do without him? Explains painfully, but intelligibly.
It was the same with me. I did not notice many pitfalls until I ran into them. Experience has taught me to be careful and attentive to the little things.
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I think that ico will reach a new level, but only after it is cleared of fraudulent projects.
As for Binans, it has already been noted that if Binans includes a coin in the listing, investor confidence rises and the token rate rises
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I agree with you that you cannot give up. The crypto-industry has a high potential, it will conquer any peak, and now it’s stupid to leave, disappointed in the short-term downturn in the market. Everything is normalizing, but it takes time.
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the number of cases of ico scams makes investors lose confidence before investing with the ico project, but I think investors also know about this and of course they will return to invest with ico after the market has improved again.
This is indeed a big problem for ico where because there are so many scam projects that make people become distrustful of cryptocurrency back at this time Patience and investor confidence ends. Fraudulent projects grow like mushrooms and become widespread. For ico, it is a disease that needs to be addressed. If nothing is done with this, it will adversely affect the cryptocurrency as a whole. |
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In 2018, investors lost a lot of money due to fraudulent transactions. A little more, and they completely lose interest in ico, from which the entire cryptocurrency industry will suffer. Ico safety should come first.
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Yes, you are right, the biggest drawback of cryptocurrency is the volatility and volatility of the course. The fact is that a cryptocurrency depends on many factors: on the correspondence of supply and demand, on the policies of states regarding virtual money. If we take the leading cryptocurrency, it depends on the complexity of the extraction, on the technology it uses, on the dependence of money on each other.
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Having become acquainted with crypto, many expected to earn quick and easy money. Perhaps it was in 2017, now the situation has changed dramatically, we are seeing a market collapse, loss of funds and investor interest. BUT! There is always "BUT". Some manage to make money in this bad market because they use opportunities that others do not see. They are intelligent, disciplined and cautious people who learn from their mistakes and never give up. That's exactly the kind of people luck shines.
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