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In my opinion Bitcoin is the top coin to invest. This is most trusted crypto currency. Though now there are few other coins coming up but Bitcoin will maintain the top position.
Its good to invest in different ICOs, but please analyze and do the complete study of the project before investing.
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In my opinion,Bitcoin and Ethereum both are very good coins. They are the top two coins in the market and have very good future. Ethereum has to work little on their security feature. Bitcoin is the most trusted crypto currency.
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We should learn from our mistakes. Mistake gives us experience of that situation . Specially in Crypto world we need to be very very careful. If we will not learn from our mistake and repeat it again we will fall into a big trouble which is not good for anyone. So better learn from your or other people mistake.
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I think market will recover soon. There are always ups and down in the market. People have started understanding crypto currency so surely we are heading towards recovery.
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I think its demand in the market that makes any altcoin valuable. If it is well advertised and coin is capable to fulfill the financial requirement and people are convinced and ready to accept the coin, it will be valuable.
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Yes, it is very difficult to identify the genuine ICO. The only thing we can do is to gather information about the project, read their White Paper, study their website, product, team etc. We only can minimize the risk of being scammed by using our study and knowledge in taking the correct decision about the ICO.
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I am new in Bounty campaigns and really do not know how long it will take for me to get my reward. But I am positive and that’s why I am working hard. Generally people around gave me feedback to work and wait initially for at least 4 to 6 months to get the ball rolling and thats what i am doing.
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Before investing in any token, we should do research ourself. Gather as much information as possible. Generally some people do not spend time in proper research and they just invest based on somebody else statement. This is a very risky way of investment. We should use our own judgment after considering all related risk and other factors.
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Choosing a right ICO is very difficult. I do some research about the ICO, read their whitepaper, try to get information about their team and their vision. I also discuss about the ICO with seniors around me in order to have a right decision in choosing the ICO.
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In my opinion, we need to diversify our investment to minimize our risk. If we invest all our money in one coin and that coin itself goes down, then all our investment will be affected badly but if we are investing in different coins, there are very less chances that price of all the coins will go down together so better to diversify the investment.
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My first choice is Bitcoin. But second would be Ethereum. As price of Ethereum depends on Bitcoin and it is getting getting established globally. Due to its new Technology it is being used by many ICOs so becoming strong.
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Bounty hunters are investing their time. As people invest money and gain profit or loss, bounty hunters get reward as profit and nothing is to loss as even if sometimes you do not get reward but increase your knowledge in return of your invested time.
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Every individual has their own way of working. I manage my bounty campaigns by keeping a record in excel files with all links, dates and other details and keep updating the file as per campaign’s requirement. From there itself I send my report. If we keep record of our work, we will not miss on anything.
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I think its how’s government supporting/accepting crypto currency in a country and lack of awareness are the main causes cryptocurrencies are not being used as a successful medium of payment. As of now people are investing in crypto to increase their asset value and earn profit.
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Yes, beginners need to do technical analysis. It is very good if we have a mentor but if someone does not have than they should observe the price fluctuations regularly and to enrich their knowledge through available sources around. Try to understand the factors affecting the market in order to invest wisely. Even regular investor has to keep an eye on price movement and factors affecting the market.
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