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I look at some coins, but before investing I need to check all the risks and factors affecting the market. I want to be ready for a bull run, which I pin my hopes on.
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Yes, Ethereum fell heavily. The fall of the air is associated with Bitcoins and the general situation on the cryptocurrency market, a decline in investor interest and a ban on ICO in China. The combination of these factors has shaken the position of Ethereum.
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This is the most promising project on the market! Behind EOS is a sought-after project, it is designed to eliminate flaws from the blockchain technology and create a platform that is unique in speed for transactions and project development. Yes, I keep in my EOS wallet, because he has quite a promising future.
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I strongly disagree that smart contracts are useless in life and are only useful for ICO and gambling. An example of the application of a smart contract is the customer protection service in Aliexpress. When the buyer pays for the goods, the amount is deducted from the card, but the seller does not receive this money until the buyer receives the goods or a certain time must elapse from the moment of the transaction.
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People compare Bitcoin and Ethereum, because they are somewhat similar, since both are platforms for the blockchain. Otherwise, they are different. I would not even call them competitors, because it is meaningless. But in any case, the cryptocurrency can not exist without two "bison", Bitcoin and Ethereum.
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I received several tokens from different campaigns, but their cost is very small. I don't even know what to do with them. We will have to wait for better times, perhaps the green market will bring its own adjustments, and I will finally stay in profit.
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What would you do with so many tokens? Probably the same as he sold, bought another coin or bought Bitcoin. In principle, we all make similar movements here, the difference is only in time, we either immediately sell the coins, or leave them for the long term.
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This year I was pleased with two coins, this is XYO and LCS. Behind them are really worthwhile projects and strong teams. Despite the terrible year of 2018, thanks to them I am pleased.
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In his own reddit AskMeEverything page, https://www.reddit.com/r/IAmA/comments/80ow6w/im_bill_gates_cochair_of_the_bill_melinda_gates/He answers about cryptocurrency stating “The main feature of crypto currencies is their anonymity. I don't think this is a good thing. The Government’s ability to find money laundering and tax evasion and terrorist funding is a good thing. Right now crypto currencies are used for buying fentanyl and other drugs so it is a rare technology that has caused deaths in a fairly direct way. I think the speculative wave around ICOs and crypto currencies is super risky for those who go long.” He isn't wrong in his sense, if the cryptocurrency is to have a future, they should be able to create an environment of trust between themselves and the authorities. Perhaps this is a feature of people - to use good for evil purposes. A noble target, like crypto, can be colored dark. It depends on the person. I believe that we need to find leverage that will regulate and control the illegal and illegal use of cryptography. And cryptography should continue its noble path. |
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Yes, I have invested a couple of times in the altcoins, which were not seen in the TOP-10. And, I confess, I invested very profitable. As it turned out, the coins are quite promising. Although it was risky.
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How can you compare what is better if BTC, XRP and ETH have different goals and functions? They are different in nature. BTC is a global digital payment system. And in my opinion there are no competitors. Ethereum is not just a cryptocurrency. On the Ethereum platform, you can use smart contracts and create various applications. Ripple - makes payments fast, cheap and available at any time.
As you can see, each has its own advantages and differences.
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Of course, Binans is the undisputed leader, it has a large turnover and the best reputation, a high degree of reliability and the best quotes to date. There are some more good exchanges, such as Bittrex, Bitfinex, KuCoin. I recently discovered IDEX.
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Soon in many countries of the world, ICO will become regulated: with its trading platforms, rules, laws, etc. And this is good, the law will contain the legal provisions of ICO participants, the rules and standards will scare off scams. Secondly, the investor will be able to protect their rights in court.
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Many people choose cryptocurrency on the general enthusiasm in the hope of earning big money. The second reason is deeper - people are interested in blockchain technology, their application.
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When this happens, it is definitely a cause for concern. At least this is a negative event. The reasons are different: insufficient amount of money collected, defects, problems with the product, etc.
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Many bounty hunters are on the verge of leaving generosity. Uninteresting projects, a scam, a small payment for hard work - that’s what is available today. Yes, the market has fallen. All one to one. I hope this black band will leave crypto in 2019 and prosperity will begin.
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I like projects with limited participants. If the participant of generosity is limited, then according to the result, at the end of the campaign, the participants will receive not crumbs, but earn decent money.
I will tell the following about bounty participants: this is the main engine of the project’s advertising, and it cannot develop properly without bounty hunters.
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At the moment I am conducting one subscription campaign and three campaigns in social networks. I used to promote about 10 projects in social networks, but time did not allow me to pay much attention, and I defined boundaries for myself.
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