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The project looks like crowdfunding on a blockchain.. Not a bad idea that can bring more transparency and security.
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Not much you can really do while such a big dip. I personally came back to ICOs. There are plenty bounties, as always, plus you can finally check EOS if you haven't invested there yet
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I hardly see the name of the King among news about scam ICOs. Even ETH doesn't suffer much. Most people value the possibility to organize ICO itself higher than its' negative outcomes.
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ETH seems to move faster this year with its' smart contracts and ICO platform, but we have to wait this year to finish and see if it can cut the gap berween ETH and BTC somehow
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I also feel that the main reason, is unfortunately, some manipulations. You shouldn't be cryptorich, you can be just rich, and so enter cryptos and shift the market. Market cap is huge, but not comparable with fiats, so it's very possible. Low circulation due to Hodl also negatively effects prices
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Cryptos, as any other asset listed freely on an exchange, can't avoid financial collusions. Big players with big sums can control the market easily, regulating the volume of demand and offer. BTC is decentralized, but strong laws of rich and poor man works here 100% the same way as in any other sphere of life
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I go for buy more alts and buy more BTC. The market is down and prices are very sweet. You can't do anything with BTC now, so you can do daily profits ONLY with alts.
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Cryptos are now going through the same stage, which bank investments went through during 20-30's of last century. In the beginning banks were more profitable and yet less stable. Within time, banks became reguled all the way, banks had a strong competition and deposit % dropped to low. Cryptos doing the same and I see some full coincidencies right here
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Lately I bought some BCH for the first time. I plan to hold it for a long-term. I feel its connection to the leaders, and think it's a stable, not much risky investment
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Only some from top10. It's almost impossible to overlap them for others as they lack market cap and investments.
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Also have some of these coins and still hope to see results in mid-term (3-6 months), good time to buy if you feel its' promising
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I also feel so. The red is always gets substituted to the green, it's market, but we can't accurately predict how long will green line continue and how high can prices go. I just hold and wait
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Now is a great time to but BTC, many experts say that probably BTC has found its' bottom line, so I don't wait for the rates to go down.
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I have big hopes for the end of the year as I want to cash out at least a part of my funds for holidays. Also it's statistically best season for BTC ( October-December). Plus many investors would like to finish a year with proifts so maybe we can wait for a short bull-run
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Of course, new players will come to the market and we'll have a chance to find some brilliants of its' time like BTC now. That also will make coin competition more rationalized.
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because the bitcoin is universally different from the USD example which is the currency of one of the only countries namely America. This universal nature makes the bitcoin exchange rate stable and the same for all countries.
In what place are Bitcoin rates stable? It's has always been volatile more or less, USD is also iniversal, eve much more than BTC now. But I can't really argue that it's price, though fluctuating, is much more objective, honest and mostly depends on the users, and not some state or other single actor
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There is for sure strong correlation, the tremd are almost always the same, practically in 90% of ocassions, still you can do more % from growing trend on alts, I think
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Now the price is not objectove due to very ling red line for BTC, but I many times thought that probably $10000 is where it should stay to become more reliable
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Yes, and it will be so till common mind will understnd that BTC and alts have different purposes and BTC has for a long time not been the best. We need a couple more years
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Alts directly depend on BTC. The common trend for both is always the same. But the trick here is when it's green, BTC can add 10% tp its value, qhile some alts can make you 200% and more, so I don't approve such a strategy
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