Disclaimer: The text below is a personal opinion of the author. If you have a different opinion, please share it
ICO causes more and more distrust - thanks to the scammers. At this point, companies that produce and sell tokens are more focused on the product. The product is being developed and improved. And all before the token sale.
The fact is: those companies that enter the token market with a readymade product are more trustworthy. Now, few people are interested in a company that launches ICO just to make a name and earn a lot of money.
ICO is a serious campaign. It requires great resources and professionalism.
There are many companies on this path. Recently, Pavel Durov announced the creation of a light wallet and the release of the Gram token on the Telegram platform. Here is another example - KickCity, a company that has existed for two years. KickCity is engaged in the development of the event industry and issues a KCY token for further expansion of the company.
ICO will probably survive and become even more matured and regulated. I would say ICO is the killer app of the blockchain right now. The old world's model, IPO, suffers multiple problems including high cost, high barrier, time-consuming, etc. ICO, on the other hand, provides anyone in this world a chance to fund his or her project in a low-cost, fast and easy way, which is super amazing, so to speak. |
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Do you think ICO is the best way to invest in?
I think so. In the last 2 months, investing in high-quality ICOs is very profitable. And it seems that it will probably still be profitable in Q2, 2018. The reason is that the surge of Bitcoin's price provides huge exposures for the crypto-world. Initially, these outsiders just know Bitcoin, Ethereum, Ripple and stuff. After some research, these newbies dive even deeper into the crypto-world and find out that, man, altcoins (especially the new ones) are exploding. The result is the telegram channel of every seemingly good ICO is flooded by investors. More investors lead to even more hype for these low-cap ICOs, which makes these ICOs super profitable. |
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1. Bitcoin is the coin that is listed on basically every exchange, indicating its exposure is the highest among all coins. 2. The number of bitcoin holders is larger than that of other coins. The result is that there are more shillers that are dedicated to shill bitcoin. 3. Lightning network and other off chain scaling solutions are incoming, creating a hype that Bitcoin will be the dominant currency of the world.
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Often times, the airdropped tokens are just shitcoins which you should sell quickly. However, some airdropped tokens can be very precious. For example, MNE, TME, ELIX and so on. If you hold these coins, you will get more profit than selling them quickly. A good strategy is to wait these airdropped tokens to be listed on good exchanges like kucoin and sell them on these exchanges.
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Good question. I have been doing CPU mining for a year. Although it is not that profitable on paper, it will be profitable if you pick the right coin to mine. Verium is the coin I am mining using my old Dell workstation. Verium can only be mined using CPU, and Verium token is backed by a strong team with constant updates, which makes verium's value going up a lot recently.
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I bought ETHlend. I also have invested in ETHlend's ICO, by the way. The reason is, in my opinion, ETHlend is the most undervalued altcoin out there right now. ETHlend's team is truly active and approachable in its official telegram. And ETHlend's product is being perfected with UI/UX update incoming soon. P2P lending will be huge in the crypto world, so ETHlend's potential is definitely very promising.
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Investing in ICOs with working products is definitely a good idea. However, some ICOs with no product can still be profitable nowadays. I find that the ICO with a good team (lead by some serial entrepreneurs) has a relatively low hard cap (less than 25M USD) could still be very profitable. The field is just so speculative that hard cap becomes the most important factor when picking ICOs.
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NEO could still survive the severe competition of smart contract platforms. However, I don't think NEO can beat ETH. The reason is: 1. ETH's team is better than NEO's team. ETH's team is more talented, experienced, and professional than NEO's team. 2. ETH got the first mover advantage. 3. NEO also needs scaling. "Trinity ICO with just 5k whitelisted people crashed the NEO network. 25 minutes for a block. Average blocktime is 23 seconds." Check it out. http://boards.4chan.org/biz/thread/6438135/neo-network-just-crashed-dump-incoming4. ETH's scaling progress is good and promising. |
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Hi guys, there are so many ICOs, such as those listed in https://www.coinschedule.com. It's pretty hard to review them one by one. Which elements I need to consider, the team? the product? the promoting technology? or something else? Thanks for any suggestions  I think the best way to do it is to invest in ICOs of the blockchain 3.0 projects. ArcBlock is a good choice, since it is the world's first blockchain ecosystem for building and deploying dapps. This project is backed by a great team with Robert Mao (former researcher with Microsoft Research, serial entrepreneur, and technology innovator) being the CEO. The whitelist is still open, BTW. |
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Good day,
Do you think that BTC is going to reach 20k soon?
If yes do I need to sell all alts and wait for rising BTC?
What to do now ? I am confused!!!!
I think BTC is going to reach 20K in 3 months, but it does not necessarily mean that you need to sell all your altcoin positions and wait for your BTC to rise in value. The move you should take depends on what altcoins you are holding. If you are holding platform coins, such as ETH, NEO, and ArcBlock (A blockchain 3.0 project undergoing ICO with an opening whitelist), you are definitely fine. If you are holding coins backed back a strong team and working product (ETHlend, Wabi), you can safely hold your altcoins. Otherwise, you should probably sell your altcoins and hold BTC instead. |
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The funny thing is you can buy ETZ right now using ETH. 1 ETZ = 0.0075 ETH. Man, is it some kind of joke?
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Compared to TRON, IOTA is just fine. Again, if you compare the market cap of BNB and kucoin, you will find that kucoin is super overvalued now. This field is just super speculative.
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The blockchain industry, buddy. I do think green projects are good for our planet earth. But if your goal is to get maximum profit, you should focus on the most profitable industry out there, which is the blockchain industry.
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Sell your half bag of TRON and hold the other half of it. Remember, when the price of TRON is becoming ethereal, do take profits. Holding a highly overvalued coin is very risky. I do believe TRON is a great project, but it does not mean I think its price right now is reasonable.
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I think overall TRON is a great project, but it does not mean it should be pumped this high. The thing is, this market is far from being rational. It is better to put the hype factors into consideration when making trading decisions.
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For bitcoin, it will never end. When all the bitcoin are mined, miners will solely mine transaction fees which could be huge if bitcoin can reach mainstream adoption.
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Yes. I think meta changes again. We are witnessing another great ICO bull market in which a bunch of low-cap ICOs are really really profitable.
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In terms of capital raised, EOS is bigger than FILECOIN. EOS is a year-long ICO which absorbs 10000 ETH (on average) on a daily basis.
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Binance is probably the best exchange for beginners. It comes with mobile and desktop apps, which is super convenient for traders.
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