In positive ways, with many cryptocurrency we have more option to investing our money because every crypto have different purpose and different market. In negative ways, new investor will facing dead coin/token and inactive project in market.
I am agree that crypto market need regulation because peoples who investing on dead project must be suffering loss and it will reducing trust on this market
Topic: So many cryptocurrencies ! - page 27. (Read 6272 times)
It is good for us because we have an option for us to choose on starting an investment but each crpytocurrency has its own risk for us to take when starting an investment or planning to trade in. So it is best to learn and try to read experience for those people who take investment and trading as a source of profit and income. Because experience is one of the best information we get here in forum to support our goals and dreams with the used of cryptocurrencies.
Now people are confused to see a lot of cryptocurrencies in the modern market and we are also gazing at all these cryptocurrencies because all the modern technologies are responsive but we can see clear difference in values. Now we are in position to decide either goes for long term or short term we will get benefit. Go for long term wit Ethereum and the Bitcoin especially while for short term choose Altcoin and Litecoin.
Is indeed that there are a lot of cryptocurrencies in the system but I dont all of them are genuine. I believe those scam ones will be eliminated from the system automatically because its value will lose in no time.
more crypto currency will be more profitable for bounty hunter. they have more chances to earn money from bounty campaign. but the chances of a scam project are also getting bigger.
I agree that right now there are so many cryptocurrency on the market and for me not all those crypto have a very bright future and right now there will be more crypto in the market because until now many people is supporting snd investing in ico.Before imvesting, one needs to do some research om the project he/she wants to invest in. If someone is investing blindly without proper research, then chances of frauds increases. So we can avoid scams and frauds by looking out for the projects before investing in them.
I am always skeptical when doing something new and the same will apply when i think about investing into cryptos. With so many of them in the market nowadays it is prudent to thoroughly research before you decide to invest. more crypto currency will be more profitable for bounty hunter. they have more chances to earn money from bounty campaign. but the chances of a scam project are also getting bigger.
I agree that right now there are so many cryptocurrency on the market and for me not all those crypto have a very bright future and right now there will be more crypto in the market because until now many people is supporting snd investing in ico.The purpose of this is to let us know which is a better crypto, this will help is compare and determine whether to invest or not to invest. So far these cryptos are performing well.
I also believe that the cryptocurrencies are quite too many, with most of them being scam, although quite a good number of them are still credible. But without new cryptocurrencies being introduced into the market, how will the bounty hunters and airdroppers survive? This has actually left me thinking.
Before imvesting, one needs to do some research om the project he/she wants to invest in. If someone is investing blindly without proper research, then chances of frauds increases. So we can avoid scams and frauds by looking out for the projects before investing in them.
There has to be some kind of a worldwide cryptocurrency organisation,which approves or denies new altcoins.
All the crypto trading platforms will have to abide by the rules of this organisation and clear the crypto marketplace from the shitty pump&dump coins.
There`s nothing wrong with having a tough competition,a competitive market is a must and only the strongest and most trustworthy coins will survive.
Such a world-wide crypto-currency organization that approves or rejects new tokens and coins exists for a long time and does not need to invent anything new. Such an organization is a network of exchanges and exchanges. It is the market in the face of crypto-exchange exchanges and exchanges that can give and assess each new token and coin. Anyone else should not influence, especially so much, on the decentralized Crypto currency. What kind of decentralized crypto currency will this be if it exists. an organ that simply prohibits the circulation of certain types of crypto currency. It will be one of the most bureaucratic and corrupt bodies in the world. We want this? All the crypto trading platforms will have to abide by the rules of this organisation and clear the crypto marketplace from the shitty pump&dump coins.
There`s nothing wrong with having a tough competition,a competitive market is a must and only the strongest and most trustworthy coins will survive.
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.
Small companies often are at a risk of shutting down with so tough competition.
The reason why the percentage of market Bitcoins dominates isn't exactly because they got less investors now , it's just because with so many currencies around the globe it's getting saturated and distributed .
Only some of them would be successful like 10-20 but with this tough competition it's risking people's investments and both these small small exchanges.
I strongly believe that a regulatory body should tackle this and then make a decision.
I think is negative in it's own way.
Share your opinions below , do you think it's positive ?
Let's try to make it simple. I think, that's the point of decentralized system, and the body that can make regulation for those currencies is ourself.. We can both accept or denies the currencies.. 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.
Small companies often are at a risk of shutting down with so tough competition.
The reason why the percentage of market Bitcoins dominates isn't exactly because they got less investors now , it's just because with so many currencies around the globe it's getting saturated and distributed .
Only some of them would be successful like 10-20 but with this tough competition it's risking people's investments and both these small small exchanges.
I strongly believe that a regulatory body should tackle this and then make a decision.
I think is negative in it's own way.
Share your opinions below , do you think it's positive ?
My personal mind about in what kind you must believe is simple. If you choose one of them you must add it and believe in it. But you don't need to choose the first to second one you can find some 32 in the list and invest in it.
This is the law of demand and supply! The higher the demand, the more coins will appear. however, btc and ether are still leaders. I have heard that neo and dash are only not the worst choice. Maybe, I will buy them too
Do you see more and more crypto that there is an impact on the price decline is very large at this time. everyone is not focused on a single coin or token. all invest only in new coins and leave coins that already exist. they do not think before choosing a new coin while the old coins are more qualified.
Yeah it is good to make good investment which really has the best impact on the importance and the value of the other coin, so it is the main reason why we should concentrate only in one coin instead of sticking with more than one coin as it can distract you and you can suffer lose, now a say bitcoin is at high demand so don’t think about anything else before you go for investing your money.
I think it's very bad that there is too much crypt. They are all different and each is trying to become the only currency.
Depending on how you look at it, this can be seen as either good or bad because there are vast amounts of crytpos out there indeed. Choosing which ones to get involved in can be tricky but which adequate knowledge and insight, one can different what is a crypto with potential and those that are waste of time and effort. I think its important not to let FOMO lead investment choice, one must be able to take a step back to research and learn about crypto and trends in markets. Like in our everyday lives, if it seems too good to be true, it probably isn't true .
Do you see more and more crypto that there is an impact on the price decline is very large at this time. everyone is not focused on a single coin or token. all invest only in new coins and leave coins that already exist. they do not think before choosing a new coin while the old coins are more qualified.
Maybe regulation like putting standards for every ICO. If ever they pass it then they are qualified to be called one of the altcoins or else they are trash. It can also be a tool to break the cycle of scamming in ICO.
I also believe in free market and healthy competition. Having a lot of cryptocurrency, I'm sure the weak one and the scammers will not survive with the competition. In due time, I think Government will make it's way how to regulate ICO's and cryptocurrency for a much healthier trust from the public.
I think the more crypto in the market would be useless. just add coin to die only. investors only see potential coins and have the best technology. crypto competition is very tight in this year. many new coin and new technology in this year.
Yes most altcoin in the market are useless no real product, technoloy are poor and team can turn to scam any time, but the good thing is more people are being recognized the blockchain technology this is good for all of us because the volume will increase and we see the price of bitcoin can explode.
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.
Small companies often are at a risk of shutting down with so tough competition.
The reason why the percentage of market Bitcoins dominates isn't exactly because they got less investors now , it's just because with so many currencies around the globe it's getting saturated and distributed .
Only some of them would be successful like 10-20 but with this tough competition it's risking people's investments and both these small small exchanges.
I strongly believe that a regulatory body should tackle this and then make a decision.
I think is negative in it's own way.
Share your opinions below , do you think it's positive ?
I really appreciate your thinking.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.
Small companies often are at a risk of shutting down with so tough competition.
The reason why the percentage of market Bitcoins dominates isn't exactly because they got less investors now , it's just because with so many currencies around the globe it's getting saturated and distributed .
Only some of them would be successful like 10-20 but with this tough competition it's risking people's investments and both these small small exchanges.
I strongly believe that a regulatory body should tackle this and then make a decision.
I think is negative in it's own way.
Share your opinions below , do you think it's positive ?
When i started using cryptos in past i thought the same that what would be the future of cryptos when every day new currencies are getting into the market and competition is becoming more tough day by day. Soon i admitted that regulation is much essential to cherish this market safely.
Regulation is need of the hour, without regulation this market will become shit because of some shitcoins and projects which are just wasting people money.
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