You have come too far now, there is no need to give up without having something to show for it. I will encourage you to gather as much tokens as possible so that when market recovers, you will reap your reward.
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It's not really a news it's just a plead for the government to accept and legalized cryptos, what I will consider as a good news is when the government accepts their request and review their stand and legalize crypto.
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It is important to be conscious that in crypto anything could happen so we don't get caught up in it.Crypto is full of up and down.
That's just the simple truth every one in crypto needs to accept, some people thinks crypto is all about going up, in cryptos anything can happen and it could be for good or for bad, so prepare to take what ever outcome it brings.
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I still believe in holding cryptos for a long time, I think people are confused when it comes to holding, long term holding means holding for years and not just holding for few months and when holding, you shouldn't be bothered about price. So holding is good, it's like investing and leaving your investment.
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I think if that should happen, it might make people not to cash out and hence a lot of people will be holding which might make the market to rise, when such thing happens banks might be closed down and people might only trade cryptos but not cashing it out. just my thought.
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It's a two side of coin, your $20 could be worth so much money by then or it could worth nothing by then, there is no guaranty in the crypto space, anything can happen, so don't hope too much.
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Why People Choose Cryptocurrency? Any Need? I think people choose crypto currency because of it's ease of use in making payment for goods and services and also the fastness when making aboard payment
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There are only a few ways to make money in this market! 1. Mining. Use computer computing power for mining! 2. Bounty missions. Post a commercial or program for a certain project! 3. Investment. Trading crypto currencies on trading platforms! Or invest in related projects. 4. Airdrop. Complete some related operations of a project in a short time!
I think you have mentioned them all, but for a beginners into crypto, i don't think mining will work for them because it requires a huge amount to start up, i think bounty and airdrops will work for them.
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im a newbie here i really want to get much experience in cryptocurrency and i myself want to learn a lot about it but since im new in this industry everybody warn me to be careful in trading, i really dont know what trading is and how can i get my money stolen from that thing can you guys explain to me?
Just be careful of those phishing sites like if someone gives you a link via msg or email don't open it immediately or do not fill any form asking for your password because they can easily access your account, and if you are using private keys better not input it elsewhere just in the online wallet you are using like myetherwallet. This very important because when i was new to the space, I fail for this prey but I don't have much asset as at that time so i didn't lose much. So it's something people should be aware of and try to avoid.
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When ICO was booming, I have invested as much as 10ETH but since the market started going down and ICO are going down below ICO prices, I have been investing less than 1 ETH
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I will say i am not really afraid of anything, though crypto space is a risky space but i have learn to take a calculated risk. so what i normally do to avoid been afraid is to invest with the money i can afford to lose, many people are afraid because they invested their life saving and this explain the reason why they are afraid.
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I am not hoping too much that bull run might happen, for me i am of the opinion that we might not see bull run come this end of the year, the crypto market is so unpredictable and what happened last year might not happen this year, So I have taken my min off bull run for this year, I think next year might be possible.
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I think bear market has made the prices of coins to go dip down and as such people are saying that some altcoin is dead, though some altcoin are as good as dead but some good altcoin are still doing good despite the bear market, I believe that when the market prices stats rising then the altcoin market will start to thrive.
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In my own humble opinion, i think the future of the crypto space is good because a lot has been happening to the space recently, there has been some adoption of the cryptos by some top brands and this is why i think it has a good future because these top brands cannot invest in any thing that doesn't have good future.
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Yeah sure, now seems like the right time to invest, because i think that market has touched the bottom so making an investment right now would be a good risk to take though i won't advice anyone to invest what they can't afford to lose.
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The feeling will be so bad for me because of the amount of effort I have put into the project. that's why whenever i am doing a bounty, I always try to make the best from the bounty, I will advice you to participate in other bounty when next you join bounty program, you can participate in the content creation, translation and social media so that you can earn more reward.
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The truth is that been a Jr member you can't make the much money you need to fulfill your dream, but I will advice you put more effort into other types of bounty, like content creation or translation, doing these campaigns together with your signature bounty will give you the result you needed.
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I will advice you not to use one wallet to store all your crypto asset, it's risky to do that because if anything happens to the wallet, you will lose everything you have worked for, the thing you can do is to use different wallets to hold different coins, you can use MEW to hold your erc20 tokens and blockchain.info wallet for your bitcoin that way, you will rest assured that if anything happens to one wallet, you still have other ones.
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This is year has not been good for cryptos and the reason why your wallet is not yet big is because of the bear market and it's happening to everyone because the tokens are losing value everyday because of the market condition, the best you can do is to continue working hard and wait until when the bull run will come.
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Frankly speaking an ICO without whitepaper is like a car without an engine and such an ICO should be avoid because they will hardly make any progress, whitepaper is where they detailed what they planed to do in the project and if such an important document is lacking then they are not ready for the project, they are just more concerned about the money and not the project.
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