certainly very good for the cryptoqurrency industry again especially on the coinmarketcap site, if a dead project or a coin that is registered there has no further price development then removed from the list then this will greatly help investors and can reduce the list of useless coins there.
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yes, this project seems to have run out of money and there is not even further development on their media channels. very sad to see how when the project was in progress from start to finish, even tokens had good sales at that time. but the reality is that their platform is currently inaccessible and clearly cannot attract tokens that are still stored in the Bcnex platform.
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Decline in coin prices is common, but apart from that it seems that the SPYCE token price reduction is caused by the initial investor or part of their team getting the token at the beginning, then being sold for several reasons. However, if the project is good I think there is no need to panic. one day the price can go up again when the market has improved.
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For this year it seems that it has not yet gotten income from the bounty, many projects have postponed payments for various reasons. besides that unsatisfactory prices become its own problems, because indeed the current situation is less conducive, where the world economy is experiencing problems
especially the Corona Virus problem. as we see today that the world is haunted by a corona outbreak, there is no activity, some countries quarantine their people, the global economy is declining and also has an impact on the crypto market industry. but it cannot be denied that this year there are absolutely no profitable ICO projects, many Scam projects and even more painful participating in successful projects. Project tokens have a high sale value in the market, but do not pay participants for some reason.
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I'm not saying that Cardano is bad for investment, but if you look at the CMC chart or look at some of the other top altcoins, I think coins that can compete with Btc or Eth might be like BNB, EOS, LTC. well because some of these altcoins are one giant altcoin and even always have a high trading volume. but basically every coin has characteristics and differences from one another, so it cannot be compared with one another. every coin in the cryptoqurrency market, as far as I know, competes with each other too.
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what I do every day, of course, monitor the investment I have, that the price of crypto in the market changes all the time and if you have bad investments like coins that are difficult to develop and don't even have a trading volume then sell immediately. a little suggestion, that to find a safe investment you can invest your money in the form of Bitcoin or some kind of stable coin like USDT. at least you will not experience a loss during the current market period.
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Buying the dip has its bad side and that's unable to predict market movement You buy the dip, it goes dipper. You buy the high, it goes dipper, you convert to usdt, it starts surging ....I quit buying low selling high for now
There are several strategies to this, you can't just buy low because a project dipped in price. You need to do more researches and also understand the trade charts. Engaging in more researches equalling helps. it's also a good step before making a short trade. as we know that trading is a way to get quick profits but it is very risky for those who do not have basic knowledge or cannot observe crypto price movements. if someone only relies on basic techniques or is still a beginner it is better to start with small capital, coins have a price development, and are not greedy.
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BTC prices are currently in the range of $ 6.8 thousand, maybe this is a good sign for the cryptoqurrency market industry again. not that I don't believe that this is a BULL sign but knowing that the Corona Virus problem has not been resolved I think we will experience a time delay back. except if in the next few days Corona Virus can be resolved or before half BTC is reduced, maybe we will see a BULL market.
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Fraudulent projects are the main points that must be resolved so that this forum is clean and no longer accepts crap projects. but for most prize hunters, of course the focus is on the issue of token payments, many projects do not pay participants when their projects have been a big success in the market, yes, even though this is a risk of being a prize hunter but at least they should appreciate our efforts when promoting their projects .
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The world today is not only a crisis for health, but has a huge impact on the global financial crisis worldwide because of the Covid-19 pedemic. activities that experience total paralysis, the community must be at home while patients who are positive Covid-19 must be quarantined in a special room. and very sad if we only rely on gifts alone is not enough to meet the basic needs, as long as Covid-19 is not finished.
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if in the cryoptoqurrency industry only has 20 coins that can be traded then this coin has a high sale value. if you look at it from such a perspective it can certainly increase coin adoption and it will be very profitable for investment for those who have coins in between.
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Who said that? I think that whatever the crypto market situation does not mean the end of the cryptoqurrency world. ponder for a moment that the current situation such as market cycles and the fall in coin prices are common and of course the crypto market situation still has a chance to rise again. so don't ever think that a weak market, bad projects, insignificant coin prices are the end of crypto, because that's wrong.
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do not be surprised if many Airdrops require participants to pay to redeem their tokens. I don't think why would someone still do that just to get tokens from airdrops? to be honest, if this concerns Airdrops then my short answer is NO. for me Airdrops are a waste of time.
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what I do now is trade daily, increase revenue like joining prize projects, writing articles and offering freelancing services online. I do this to get money on the one hand, we all know that the world is being haunted by the emergence of Corona Virus. so, I personally will not waste my free time at home despite the harsh reality.
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Well, like most people say that participating in a bounty is no longer profitable. but I realize that not all good projects produce sweet results and vice versa. but for now I am starting to be active again and believe in the project that I am currently participating in. I am sure this project will bring great success someday.
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Is this some kind of joke that someone has created coronavirus coin? I have been surprise. The more surprising was hearing that Yobit has listed this coin in their exchange. That's shame once again for Yobit. They have been listing scam shitcoin for long time.
To be honest, this is not the only coin that was invented with a ridiculous name because there are a lot of coins that is the same as corona virus coin like trumpcoin, garlicoin, coinye, sexcoin, insanecoin and dogecoin that was based on a meme. And all of these coins don't have a good value at all. from some of the meme coins that you have mentioned sounds really bad, in a situation like this, of course there will always be wild people who take advantage of the current situation, I mean like the appearance of a new coin which is bound by the name with Coronavirus. looks weird & ridiculous. I hope investors are more careful before investing with coins like that.
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don't worry too much because crypto won't continue in this phase, the corona virus outbreak can one day be resolved, it's just that it still needs a whole process. crypto provides easy access to everything, especially for transactions, today many people use this technology to transact even though the world is haunted by the corona virus.
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First, to start you have enough funds.but if you only rely on investment, of course it's not enough because the investment takes time and until the coins you invest have a good selling price, besides that you also need to do a number of other things to get other benefits, such as trading, becoming a project promoter or participating in crypto, to get extra income.
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from the list of coins listed in the article above, I personally only like and have investments like BTC, ETH, EOS BAT, BNB and I think you need to add some other top altcoins like BNB, USDT, DASH & Tezoz. they are also potential altcoins for future investment. I hope you can reconsider.
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I don't think that's possible, XRP is a centralized and different coin from other decentralized cryptoqurrency. for me personally do not like XRP because of some reasons including what I have said above. I prefer decentralized cryptoqurrency like BTC, ETH, BNB and some other top altcoins in terms of investment.
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