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Bitcointalk Name: sapnu
Rank: Senior Member
Stake Name: sapnu
Wear signature & avatar: Yes (will update when accepted already.)
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#Proof of Authentication
Bitcointalk Username: sapnu
Rank: sr. member
Bitcoin Wallet Address: 3DQh7YKRYc1NRboPQqkLCYzJfVHL7kHpA6
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I want to invest my savings into cryptocurrency. So I think about the future of cryptocurrency. what do you think? Do you think the future or cryptocurrency is good? Or do you think the future or cryptocurrency is bad?
Please help me, because I will invest all my savings. So if I make a bad decision, my family and I will be on the road to improve my economy.
We cannot really tell yet but so far, crypto's value is still fighting and is still progressing although sometimes decreasing occurs more often. Think carefully first before investing all your savings in crypto so that you won't regret it in the end. Try to analyze carefully what will be the road map of crypto next year so that you may know if it'll be a good decision to invest everything on it. |
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Looking at the current market, many people are disappointed in the market price, bitcoin prices stomping at the $ 7000 level, altcoin prices are falling deeply. Recent good news, however, shows that the market continues to grow and has great potential in the future. What would you do this time: Buy bitcoin, buy altcoin or do nothing?
With the current market, we only have two choices. It's either we keep on holding or start buying plenty of crypto and wait till its value rise again. It is very saddening to see how low bitcoin's value is right now together with the other crypto. Many investors and bounty hunters are affected so it would be best if we keep on helping bitcoin rise once again for the betterment of everyone. |
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I decided to quit ICO's. From December till now I invested about 5 eth into several ICO's. Invest what you can miss, this is what was able to miss. Right now the first few of my ICO's have reached the exchanges. Most are under performing, but this is related to the overall dip (can be read everywhere). I understand, but ICO token economics have changed also. - massive hardcaps
- most is sold in pre-sale to big investors, leaving scraps for crowdsale
- much attention to marketing, less to working product or realistic time lines
- immediately available on EtherDelta and IDEX, sure sign of little interest in token economics/future
- no lock on pre-sale tokens, whales take their x2, x3 or x-whatever as soon as possible (I would probably have done the same). Prices drop to below ICO price.
- too many ICO's without distinctive differences.
- too many ICO's in general
- too much tokens reserved for team/marketing
- many ICO's don't even have a crowdsale anymore (which perhaps is a good thing as the little investors are protected this way)
- ICO prizes are quite high. 1eth = 1000/4000 tokens is pretty common, but with a hc of 40 million, this will not easily go x10 or more.
I was 'unlucky' to miss out on a few ICO's besides the ones I was able to participate in. Afterwards I am glad, since I was able to pick most up at a fraction of the ICO price. Important as ever: DYOR as not all ICO's have a genuine solution to a genuine problem. Some may seem like a fantastic solution, but often it is marketing combined with a strong team, and not so much a great working product. And who am I? I am definitely a nobody  , but still wanted to share my experiences and perhaps save people from thinking of getting on board of the next x100 ICO  p.s. when a Telegram has over 20k subscribers all screaming 'when lambo' with endless rows of animated gifs, you may also wonder if this is a serious block chain solution which will revolutionize 'x' We all have different reasons why we are quitting or why we want to quit supporting ICO's. Most of us want to quit because most of the ico's nowadays are scam and most of our efforts are being wasted. Before, ICO's are a good source of income but after the value of bitcoin hit rock bottom, everything went messed up. We have our own choice if we want to still try ICO's or not but we should be wise on it. |
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There will be no point of selling it. If its market value would fall for an instance, selling would not be an option because profit will be small so therefore, holding would be a better thing to do. Even if the market price of that crypto would no longer increase, you'll just be tired to sell it because of the small profit that you will get and it would appear to just be a waste of time doing.
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Isn't it obvious on not to do so? The market is on red marks and the market value of most cryptos are low. Meaning, selling would result to profit loss where investors are afraid the most since the reason why they have invested is to earn profit. So therefore, selling would be a bad thing to do right now.
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Well probably the best thing we can do now is to patiently wait for the increase to happen. For now, the best thing we could do is to just hold and wait for the right time to invest and sell. The market is still on continuous downfall and it simply means that doing such thing as selling due to panic would be really a bad idea.
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Now I am focusing to invest in ICOs. As a regular bounty hunter, I can realize which ICO is good and which is bad. Because I follow the most trustful ICO rating website Icobench, I have enough time to read project's whitepaper and look after at their community activity. But recently I realized Icobench's rating is not everything! I want to mention some ICOs name that had an impressive positive rating! But they couldn't raise even 1 Million USD! A project like FTEC, Enkidu can be a good example. What is the reason here?
When you invest in ICOs, what thing you take seriously?
In my opinion, it is the popularity of the project which is a huge factor to determine whether the project would be a huge one for a long run or not. Assumptions would be immediately made from looking on such thing. Demand is generated by popularity which is really an important aspect for the project's success. |
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Not all bounties requre KYC for the bounty participants in order to receive their bounty rewards. Some thinks that KYC is jist a waste of time but some people do look at it as an added security in order to promote protection against multiple account users which is its advantage. We do all have different perspectives.
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Litecoin, a relatively stable coin on the crypto market, was also affected by the recent unfavourable condition of market. Market has been recovering and the price of litecoin is moving up gradually. Now, the price is around 57 US dollars. I see litecoin hitting 65 dollars before 2019, what about you?
No assurance yet. Market is on red marks this year and no signs of recovery is being shown at this moment. We should therefore wait before jumping into absurd conclusions in order to avoid disappointments and profit loss. Be patient and wait for the right time to make serious actions with regards to the market. |
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This is probably the worst year for cryptos after having a huge increase on the previous one, the whole market is on red marks for months already. Even if we are already on the last quarter where increase is expected to happen, nothing is change on the market situation. We should still be patient at times like this to avoid conflicts.
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That'll be probably next year. I am no longer hoping for a comeback this year because we are already two months away before this year ends but still, nothing changes and recovery has not yet started and the market is becoming worse at thid point. The market prices are still on red marks and as such selling is not advisable.
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Someone told me that joining a bounty campaign would provide you some income, well I agree with that because if you're going to take a look at the users in the forum the one with the largest number of traffic is in the bounty section.
I've been here in a while and noticed that some people are joining a scam campaign and some are earning good in some certain campaigns my question is that how do bounty hunters like you chose legit or profitable bounty campaigns?
Is it?
• Through Manager
• Projects Concept/Whitepaper
• Bounty Presentation
• Etc.
That's because profit from bounties are not having consistency and unfortunate events are always possible to happen such as scam projects which can't really be indentified at the first glance on it. Some are indeed aearning huge profit but it won't be always huge since there are differences on the outcomes of the projects. |
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Downfall is indeed continuous but I doubt that the downtrend will go that far. the market value of Bitcoin and other cryptos are really having a hard time due to the current market situation. But hold-still investors because dumps are known to be not permanent. Increase might take over the situation someday and we should wait for it.
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I must say check the market volume. Not all altcoins are having continuous price increase for a long run. I do believe that market volume and popularity will determine whether a coin would be profitable or not investing your money with. If an altcoin is hav]ng high market volume then, there is a tendency that it will be profitable.
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