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Alternate cryptocurrencies / Altcoin Discussion / Re: Reasons why you shouldn't invest in ABBC(Alibaba coin)
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on: August 12, 2019, 11:14:53 PM
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It’s just a way of getting people tricked into believing that Alibaba is somehow involved in this, but in reality, they have nothing to do with this. They just stole the name to make people foolish. I think they deserve to be sued, using the name of a well-established company. They are just trying to rob people by using a fancy name that most people have heard and believed in.
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Alternate cryptocurrencies / Altcoin Discussion / Re: Who Says Bear Market is BAD?
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on: August 10, 2019, 10:53:47 PM
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The main problem with the Bear market is the time it takes to recover your previous prices can be very long and also the loss in positions they have entered at higher prices. And also, people see it as an unfair deal; they bought a coin for its original price, and suddenly they enter the bear market where the price is reduced more than 50% well then that’s a true disaster for any investors. It may seem beneficial for those looking to buy that coin, but those who have invested in this coin before will suffer a huge loss.
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Alternate cryptocurrencies / Altcoin Discussion / Re: Is this good for bounty checks?
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on: August 05, 2019, 09:34:16 PM
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The points mentioned are really good, but the chances of being scammed are very high right now because the projects right now are being started by many noobs who just try to scam other people. Manager’s background is very important for me because it is his reputation that is on the line. I was once involved in a project; then after some time, it had to shut down saying that the central system had some so-called technical difficulties and wasn’t heard from them ever again. People lost their investments and were badly scammed. Nowadays, this scamming has been increasing a lot.
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12
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Alternate cryptocurrencies / Altcoin Discussion / Re: Don't get your hopes too high
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on: August 05, 2019, 09:23:50 PM
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A Big allocation is never a good reference. I never believe in those; I do my own research about the company’s background, the manager’s current reputation and name, their team and the people involved, the road map, everything needs to be researched to the shreds. It’s better this way rather than just trusting a high allocation of millions of dollars.
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Alternate cryptocurrencies / Altcoin Discussion / Re: Will IEO be good in the future?
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on: August 04, 2019, 10:18:54 PM
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I believe that IEO is here to stay and will get more success in the future. I hope that it will get more and more better as time passes by, because of the increased security and increased authenticity as compare to ICO. We will just hace to wait and hope for the best to happen for the crypto world.
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Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Bounty Campaign After Getting Listed
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on: August 04, 2019, 10:13:21 PM
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It is done to get more recognization and get more investors involved. But it is a much safer bet with these projects because their coins are already listed in the exchanges and you are in a much safer side of getting paid. Bounty is a part of getting the project which helps the coin to be in the rotation and helps it to maintain a position.
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Alternate cryptocurrencies / Altcoin Discussion / Re: Bounties rules and regulations
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on: August 01, 2019, 08:11:54 AM
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This is completely right. Bounty hunters don’t read the rules properly at first then in the end complaint about changing of rules. This line is mentioned in many campaigns and rings bells for me. Hunters often miss these kinds of info and just jump into the campaign. I would suggest doing bounty hunting only after seeing whether the manager is trustable and reliable or not. If he is reliable and well known, then it is unlikely that he do any such thing because his reputation is on the line.
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Alternate cryptocurrencies / Altcoin Discussion / Re: Hot Altcoins
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on: August 01, 2019, 08:03:06 AM
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The new Altcoin is not always profitable, because you have to compete with the old altcoin, because the old altcoin is more powerful than the new altcoin, if my view is private there is no hot altcoin, there are only valuable altcoins.
I agree. New tokens have a really hard time in competing with the tokens already in the market. There are many many coins right now, and news tokens are more likely to get dissolved. It’s better to stick with the more well-known coins which are already at the top of the crypto market.
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Alternate cryptocurrencies / Altcoin Discussion / Re: ICO increasing rapidly
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on: August 01, 2019, 07:57:35 AM
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What I heard was that ICO had a huge drop last year and is continuing to drop as of right now as well. In IEO, some say that the exchange may be involved with the project team in order to scam people, but doing that the exchange will put its reputation at risk, so the chances of scams are highly reduced. This is not the case with ICO since it is entirely different in operation.
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Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: How does a perfect Bounty Campaign looks like?
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on: July 29, 2019, 10:11:42 PM
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Good team, a good manager and a very convincing white paper. These things that I look for when doing a bounty campaign. A good manager and team are very important, and so is the white paper and a very good website. It should not be a copy and paste from pre-existing campaign, and should not have any unrealistic goals. But even good campaigns may not give you good money so just have an open mind when joining one. Good Luck mate !
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