I think social media campaign bounty programs are good and effective as they are possible and easy ways to educate people with zero knowledge about cryptocurrency. Through this means, many people are convinced about d crypto world and there after show their interest in it, it even provide insight about that project you are into and how it works.
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EOS rise and fall is just like every other cryptocurrency. They will rise back again as soon as they get corrected and more investors invest in them. The only important thing is the success of such coin. As long as it remains promising and members are satisfied with its mode of operation, the it can achieve it main aim.
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I think in business, it is good to always think of the best possible way to get customers and even do better than a competitor but for a new altcoin thinking of doing better than bitcoin, i think that will b impossible as bitcoin remains the best and no matter how hard a new altcoin try to defeat bitcoin, it will remain an impossible mission. Bitcoin has established its name and as the most popular crypto, no altcoin will ever be able to beat that.
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Payment in bounty campaign depends on the particular campaign you are into because there are different mode of payment in bounty campaign. Bounty pays you for advertising their project through social media, signature campaign, article or translations of ANN thread and many more and they mode of payment might be in bitcoin or any other token. You have to read through the project and understand the way they operate and their mode of payment.
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I think it is better for you to experience whatever might be the outcome of you going into YOBIT yourself as different have different opinion about the platform. Try to put in come of your coin it it for you to know whether to put the rest or not.
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Depending on the type of altcoin you invest in as it is not possible for all altcoin to crash as there are so many good altcoins which has been very stable and has a promising future compared to some other which are still trying to develop their block chain. I do not see all altcoin crashing anytime soon.
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I do not think the market will collapse, it's just that there are a lot of people panicking because the market is less than 150 billion, I suggest you hold your present coin because even if the market collapse, it will still recover as it might only take a while. I think this will be the best opportunity to buy your favorite coin and see it go as the market rises again.
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By 2020, I think bitcoin price will reach the speculated amount if the flow of chart continues at the rate at which it is now and more companies agree with it, it shouldn't be a problem hitting that amount or even higher by 2020.
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Yes, there is possibilities for you to get rich with cryptocurrency but this depends largely on how much you are willing to invest with and how you want to go about making profits. With the recent growth in market value, you can decide to invest in promising coin now, hold for a long term and the join bounty/airdrops or any ICO of choice to get more profits.
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When deciding on a good ICO project, it is good to read or check what the project is about, the idea behind it, the aims and objective of the developer, the management of the project and team member. You can also check icobench because this is where ico ratings are done. You should also take time to ask questions about the project from the manager or people you think have more knowlegde about that particular project. You can also do your own research about the ico before investing in it.
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It is better to hold since it is on a long term. It has a very great potential to yield more profit before you decide to trade when you feel you are comfortable with the present rate other than trading it because of a fall in price which is bound to happen in cryptocurrency. If you trade because you feel you are at loss, you might trade at a price which will bring more loss and then regret when the price is corrected and begin to grow stronger. It is better to trade a portion of it other than trading all you have
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I believe so, yes... I also don’t think anyone should be confidently giving investment advice to any random person over the internet. Conduct your own research while also listening to multiple perspectives on the future of the coin so that you can instinctively ask yourself if you believe in the product or not.
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All depends on what exactly you want as an individual. Is it long or short term? You really need to be very careful, make proper research before investing because some might seems real but at the end you might get loss.
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Bitcoin has a lot of advantages which includes fast transaction speed, Bitcoin is not tractable. Bitcoin is decentralized in such a way that no one has control or manipulate it.
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Satoshi Nakamoto is said name giving to the inventor or the producer of the Bitcoin. Satoshi Nakamoto is also the first inventor to produce the first digital online currency known as Bitcoin
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Five promising altcoins are Monero Ethereum Ripple Neo Litecoin
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An exchange is where you buy or sell cryptocurrencies. Wallet is where you keep cryptocurrencies you've bought or have received. The wallet is owned and controlled by you Note that Exchange can be hacked anytime, so you are advice to get a wallet in other to secure your coins.
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Both of them are good Altcoins. Both coins are well known and trusted coins. The two coins are part of the top ten market cap performers. I would have to say that Ripple has at least the short term trading advantages over Litecoin.
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Cryptocurrency can be described using many words, but stable is not one of them. Volatility is part of the game. Even a simple rumor can send prices falling. Entire companies can fold, cutting the legs right out of many digital currencies. However, this isn’t new. This is something that will not only happen all the time, but can actually be predicted. Don’t be afraid when numbers start dropping. Look to why they’re dropping to determine your actions.
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When we compare Bitcoin and Litecoin, you find out that both currencies have many differences and a few resemblances. They are accepted currencies and you need to analyze these similarities and difference before making your crypto-currency option.
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