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when i research on any new alt, i normally look at their roadmap, their team and how outstanding their project is, how many competitors they have and how their project tends to add extra features to be ahead.
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Any body that looses belief or hope in ETH as an alternative crypto currency has not started crypto generally. from the look of things regardless the general condition of crypto, ETH is the second after BTC
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Selling cryptos depends on what you place as your gain or profits at, if you wish to make very high profit, then your patience will play huge role, but if you have patience issue, then sell when ever you feel like
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this selling tokens immediately that bounty hunters do is what makes the value of the token to go so low and it is discouraging, i wonder if bounty hunters don't ever believe in the projects that they do bounty for.
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How do panic selling affects the market and why does it affects the coins value?
it affects it a lot, even with the definition of demand and supply in economics, when there is too much supply of a particular goods, it tends to affect the demand and actually reduces it value |
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as for me now, selling is not even advisable, even if you sell what you will realize will piss you off for tokens you worked so hard to get
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Most of my crypto friends have invested in it and have been advising me to do the same, but am still not confident about the coin, wouldn't want to waste money on a coin that won't yield good returns
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bounty hunting still pays some people, though a whole lot of ICOs now are scams but that does not rule out the fact that their are still some few that are legit, its all about proper research before participating in any
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Honestly, bounty hunters contribute more on the the devaluation of most coins after ICOs, the rate inwhich they all tend to dump the tokens at a very cheap price devalues coins so much.
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Yes i would prefer saving my money in crypto than at the bank if i take all the necessary measures to ensure that i secure my wallet and my private keys very well against hackers.
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no, not all coins will survive in a short time to come, it is been evident even now that most coins are now turning into shit coins with little or no value, most coins don't serve as a utility to any real life project, so what will make them to survive.
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There are many ways people earning in altcoin in regular basis. What is your methods for earning in altcoin?
Trading?
Airdrop?
Bounty?
Others?
am still surprise that people still include airdrop as ways of earning crypto, any ways it might be working for many, but for me, it doesn't work for me because of the airdrop I participated in didn't give any token, and for some that gave, the coins turned out to be shit coins |
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Is buying BTC currently a good idea, or should I be going with ethereum?
Pls suggest...
if you had actually bought btc as at the time of this your post, people would have been sympathizing with you by now, i hope u didn't any way, but if you did, i would still advice you to hodl and don't panic sell with the current situation of crypto. |
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I set a goal to reach incom from crypto 1k$/month to live on this earnings and do things that i'm interested in. What would you advise, how could i reach my goal this year?
to achieve this, i would advice you to look into bounty and not just any bounty like signature because from what i can see as your rank, you won't be making such amount, look into translation or content. |
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Scams everywhere now. Greedy ICOS that for some reason need 20 million dollars for a small project, Ridiculous. Greed everywhere, thousands of coins that serve no purpose. This is so far removed from satoshi's vision. Premine bullshit scams like onion. Projects that have no reason to be on a fucking blockchain except to cash in money on the hype. We need another fucking crash to clear out these shitcoins and scams, and you greedy mfer ICO devs are the cause of this bullshit.
I totally agree with you mate, its so ridiculous how virtually all projects tend to claim that ICO is needed for their project and most of them have greedy intentions and not really towards maintaining or building any strong platform. |
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of course, i think they are really decreasing, but why won't they?, since last year, only few projects happened to succeed after catting lots of money from investors during their ICO, so most people are getting discouraged by day.
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People might be happy if this actually happens, because most people are seeing the current and the previous high rate of eth as being late to the party, they would even wish to go down to $10, but it won't be good generally, lots of people have faith in eth, ICOs, etc
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Indeed slow and steady wins race, in crypto i have gotten to realize that seeking to make it overnight will only mount pressure on you that might make you fall into the hands of scammers
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Personally , I don't think there should be an ICO without whitepaper. The whitepaper bridges the gap between an investor and a company. Can we say a ICO without a whitepaper is a scam? Or what can you say about an ICO without whitepaper
Whitepaper is very important in blockchain projects especially ones that intend to embark on ICO, any ICO without whitepaper gives out the impression of them being a scam |
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if i had 3 ETH, i would research for prospective ICOs that would yield about 10x immediately it hits exchange, and by doing the calculation if it hits 10x, my 3 eth would give me 30 eth as profit  |
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