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Author Topic: How does a cryptocurrency gain followers?  (Read 1018 times)
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November 30, 2018, 12:45:49 PM
 #61

In other words, what makes you decide to follow a project?
I guess the hype is very important, it is harder to gain followers from 50 to 51 but it is quite easy to gain that from 15000 to 15001. Hence the bigger the hype the bigger the follower count gets. It is quite easier to gain 10% when you already have 100 thousand followers but quite difficult when you have 10 people interested.

After you pass the initial troubles of getting bigger you gain a lot of followers. For that reason a lot of ICO spend money from their pockets to give ads on facebook, instagram and mainly google (and some even spend money on bitcoin ad networks). If you can put your name and your coin in front of millions of people by spending thousands of dollars, you can actually make that money back from the ICO funding. Of course, it is important to note that when you spend that much money, there is always a risk of losing it in the end without any interest to it.

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December 01, 2018, 07:02:11 AM
 #62

I usually pay attention to some altcoins with future markets. Instead of the mainstream altcoin. I think that many mainstream altcoins may have lost their future. They are too similar and not unique. I prefer the unique altcoin.

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December 01, 2018, 07:06:42 AM
 #63

Mostly from the concept of a project itself, also the usability of the project later when it ready to be used in the market.
If those things are met, then many people or investors will surely came.

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December 01, 2018, 07:17:32 AM
 #64

In other words, what makes you decide to follow a project?

There are a lot of options available such as airdrops, bounty campaigns.etc. I myself was a part of the Deep Onion airdrop and I received around $10,000 worth of coins in a period of around 4 months. But after the airdrops were completed, the prices crashed by more than 95%.
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December 01, 2018, 08:03:41 AM
 #65

in the project should be a lot of things into consideration. follow the project should be seen from the concept and products are produced. It will be the consideration of the appeal and also why following a project. not to mention if it is supported by a team that has a good background, of course, this would be a reason to support the project becomes more confident.

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December 01, 2018, 08:11:01 AM
 #66

We have had several reasons like the whitepaper, product but now team, sponsors or supports are more important since the series of scam projects experience. We also understand that the strength and influence of a team can push project early to exchange and also help to pump the price, and we know profit is most important in every investment.

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December 01, 2018, 09:18:21 AM
 #67

Project must be usable in real life, everytime i join any bounty try find more info i can, as if it hasnt real usage its just whitepaper and just tokens maybe afther ico end it would have any price but not 6 moth.

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December 01, 2018, 09:25:08 AM
 #68

Through advertising on social networks, YouTube and many other sources, and there are other types, like the recommendations of other people who are already engaged and invests money in the cryptocurrency market, so there are many methods, it would be a desire, and the world to declare something as easy as to see the sunrise

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December 01, 2018, 09:29:26 AM
 #69

Projects that can be applied in the next 2-3 years are worth investing. Projects that look good may take more than five years to grow. So I am more concerned about coins that will make me profitable in 1-3 years.

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December 01, 2018, 09:30:25 AM
 #70

In other words, what makes you decide to follow a project?

to get money is everyone's reason.
and also joining a project is very fun for me, it doesn't need to go out much capital but if we are lucky we will get satisfying results
only need mind, quota, patience we will get more rewards.

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December 01, 2018, 09:31:43 AM
 #71

In other words, what makes you decide to follow a project?

Different things, most of the events that affect my decisions are quite random in fact. Good team can convince me. Some serious ideas, well prepared whitepaper and nice site as well. If I see that the project collected much funds, this also makes me interested in it.

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December 01, 2018, 09:32:43 AM
 #72

I think the most important reason comes from the real information listed in the project, such as teams and partners! And whether its products are innovative!

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December 01, 2018, 09:33:24 AM
 #73

In other words, what makes you decide to follow a project?
I guess the hype is very important, it is harder to gain followers from 50 to 51 but it is quite easy to gain that from 15000 to 15001. Hence the bigger the hype the bigger the follower count gets. It is quite easier to gain 10% when you already have 100 thousand followers but quite difficult when you have 10 people interested.

After you pass the initial troubles of getting bigger you gain a lot of followers. For that reason a lot of ICO spend money from their pockets to give ads on facebook, instagram and mainly google (and some even spend money on bitcoin ad networks). If you can put your name and your coin in front of millions of people by spending thousands of dollars, you can actually make that money back from the ICO funding. Of course, it is important to note that when you spend that much money, there is always a risk of losing it in the end without any interest to it.

Hype is what makes crypto go round in these times of the bear market. Like you said, harder to get from 50 to 51, especially now that everything is in negative elements. But oh when the bull is around and everything is at x100 or more, 10k can easily become 20k.


But focus on just natural growth. I think it is better to have 50 people truly excited discussing about the coin than 100k Telegram channels of quietness, spam and "everything red" "when listing" nonsense.

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December 01, 2018, 09:34:47 AM
 #74

usually cryptocurrency will have an increase in followers when there is a good project and when the price of the cryptocurrency has a high trading volume and has a very favorable price movement.

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December 01, 2018, 09:44:52 AM
 #75

In other words, what makes you decide to follow a project?

I always try to assess the potential of the project. Will it be useful to society. The second point is the potential of the team that is working on the product. I am suspicious of new projects. I prefer to invest in old and time-tested projects.
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December 01, 2018, 09:47:21 AM
 #76

In other words, what makes you decide to follow a project?
advertising i think and if you for example use it na dlike it you can tell about it your frinds and they to their friends and so on amd so forth
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December 01, 2018, 09:49:29 AM
 #77

In my opinion, I support this industry because I earned fiat by the help of cryptocurrency. My life become sustainable and happy because of the income I got using bounty tokens. I support this because I know it will become successful soon! Cryptocurrency will grow someday and we will be luckily to got some tokens in a cheap price.
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December 01, 2018, 09:50:44 AM
 #78

In other words, what makes you decide to follow a project?
there are a lot of internet newspapers amd magazins whixh write about new things in the cryptocurrency world and we all can read it

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December 01, 2018, 10:04:29 AM
 #79

if I personally look more at the team and the sales that they have obtained and the cooperation with the exchange, because if it does not already exist then I am hesitant to participate in the project
Sendi blackspade team
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December 01, 2018, 10:07:41 AM
 #80

if I personally look more at the team and the sales that they have obtained and the cooperation with the exchange, because if it does not already exist then I am hesitant to participate in the project
it's not a guarantee for a good project. but at least what you do has become a standard that many people should do because it is very important for the project to cooperate with exchanges, it will foster the interest of many people to participate.
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