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Author Topic: So many cryptocurrencies !  (Read 6270 times)
bizalaz
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July 19, 2018, 12:37:21 PM
 #801

It does not matter how many cryptocurrencies there are ICO, just ignore the bad ones, and care about the ones with real value. That's all!
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July 19, 2018, 12:54:03 PM
 #802

Crypto is growing and many communities are making their own currencies, with many cryptocurrencies certainly better because there are many options for investment, and certainly have to do research to get the best crypto.
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July 19, 2018, 01:03:24 PM
 #803

There are only few cryptocurrencies that are good for long term investment. I keep buying cryptocurrecies between top 1-30 in coinmarketcap.com. I can ensure that my investment is safe because I have potential cryptocurrencies.

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July 22, 2018, 05:40:04 AM
 #804

I think the crypto market should be under reasonable control. Otherwise things may go wrong and it can become unstoppable and I think there must be some rules
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July 22, 2018, 07:56:30 AM
 #805

I see this is a positive thing because then crypto will become more recognized by many people, but what I worry about is our increasing investment risk, now is the best time to hold btc in a long time.
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July 22, 2018, 09:45:13 AM
 #806

Yes, that is very true. In fact, I think there are thousands of cryptocurrencies out there that make people lives better. Some users became rich, some of them are just average and some of them don't make money. Some investors doubles or triples their money, some are just in the middle and some are scammed. Yes, some are being scammed because some cryptocurrencies that was made are just for hacking bank accounts and scamming people who will use there site. Just be careful.

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July 22, 2018, 03:27:09 PM
 #807

But each cryptocurrency certainly has a roadmap and will be updated according to the one in their roadmap. and usually, news updates will affect the price. so, their coin keeps listed in the market. but if I have to choose. usually, the top 10 best in CMC is good for investment or trading.

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July 22, 2018, 04:13:52 PM
 #808

Yes, they're many cryptos right now. Also huge amount of upcoming ICOs, I think this is perfect opportunity as for us - investors, and for developers, because if they show something cool and working big money will look at our field and they resources boom whold crypto-market. I want to participate in this project - https://medium.com/@kelvinchain/the-post-quantum-era-of-blockchain-todays-solutions-for-the-world-of-tomorrow-16bdd970f49a, gimme you thoughts on that Huh
best ever
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July 23, 2018, 10:21:22 AM
 #809

I think its like crypto jungle their is so many of them that you get lost in all that ,but its all about strategy a lot of reading and understanding that its not a game their is a lot of opportunities to make money ,but also a tone of scamers and scam projeckts that can cost you a lot of money so you need to choose wisely

You will be never lost in these jungles if you concentrate on the top-100. These are the most stable tokens that will survive even if the market falls again.
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July 23, 2018, 10:27:07 AM
 #810

I am not sure if 1624 are coins or token or both. I think that regulation is not the remedy. We want a decentralized world and this is the freedom or creating a coin/token.

Only people should be the ones to judge and "regulate" them by not chosing or buying them. Of course there is a huge increase in scams but every investor should do their Due Dilligence before investing in any altcoin.
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July 24, 2018, 07:49:58 AM
 #811

Competition is good to distinguish what will be a potent and potent coin and I do not think there is anything wrong with having thousands of cryptocurrencies around the world. Because that would be a community decision about what they want to invest
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July 24, 2018, 07:58:40 AM
 #812

the competition is really hot,
and for the moment can only see the development of this competition in the future,
and will see the original winner, let's choose the best for the future of the beautiful blockchain in the future
bizalaz
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July 24, 2018, 08:10:51 AM
 #813

In every crypto currency has its own program to develop its crypto so that if have a good program will certainly many who are interested and will progressively but for those who do not, it will be eliminated
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July 24, 2018, 08:17:59 AM
 #814

There are 1624 currently active cryptocurrencies and more than 100 cryptocurrencies exchanges working right now in 2018.
With so many cryptocurrencies in the market Without regulations I feel there should be some body to legalize only a few , since its not like the more the merrier!
It just increases risks of any Fraud.
1000+ cryptos is way to much and imo its starting to look like some trail and error venture for enthusiastic developers out there and all this is as a result of a free market(decentralisation) but a crypto body to overlook these projects wouldn't be a bad idea as it will reduce ICO scams,reduce the number of shitcoins and bring sanity to this ecosystem, the idea is welcome😀

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Small companies often are at a risk of shutting down with so tough competition.
In the beginning small companies had it easy but like you said too many cryptos are popping up everyday and if companies with the finances join this ecosystem these small startups are shut down almost instantly as the current competition is swinging towards influencial companies.

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July 24, 2018, 08:35:29 AM
 #815

Yes, this makes me wonder too.
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July 24, 2018, 08:45:05 AM
 #816

Competition should be. The more there are different crypto-currencies, the better. The market must determine the price of each coin. The only thing, there should be some minimum criteria for control in order to minimize the possibility of fraud.
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July 24, 2018, 09:13:40 AM
 #817

Yes, more and more electronic money is available and it may increase the risk of investment. However, it makes the market more developed and diverse, it gives investors more choices.

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July 24, 2018, 09:21:31 AM
 #818

There are so many cryptocoins popping up everyday and most of them will die without any product, better to do research before investing
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July 24, 2018, 11:44:26 AM
 #819

 you can always say that in our local world is presented so many of currencies as well, but some of them are already forgotten, some of them are not liquid, some of them are not making sense.
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July 24, 2018, 12:51:49 PM
 #820

There are so many cryptocoins popping up everyday and most of them will die without any product, better to do research before investing
Exactly. Everyday there is a lot of electronic money, this is a lucrative opportunity that investors are very interested. But many bad guys take advantage of this opportunity to create projects to scam the market, take all the investment money of people. Be careful to be careful before joining.

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