Crypto Market is dumping because many people who dont understand the crypto concert has come on board !! crypto was created purposely for decentralize transaction , low fees cost , and fast transaction . Satoshi invented the concept in 2009 but it take many years before bitcoin became house hold name .. at the beginning bitcoin was worthless but now look at how bitcoin is changing the world .
it's not a short time for bitcoin to become the thing that is being discussed as it is today, people make bitcoin based on their needs, some make it an investment - currency - source of income or salary payment.
Now very new project is creating smart contract just sell ICO to raise many for their project. Smart Contract has come to help Entrepreneur who has idea but not having enough funds to put their ideas on board. So right now Every Entrepreneur Is using Blockchain opportunity to change the world .
But Investor And Bounty Hunter are misleading the concept of smart contract which is making allot project and their Token Useless .
as an investor You must understand that buying project token is like buying a shares of the project and shares of a project is not one night Profit gain .
ICO maybe a great concept but it's also one of the best ways for scammers to make money, many profits and also get scammed because of ICO so it's good - bad ICO depending on which side you see.
You invest You Hold for the project to become successful .. But selling token at early stage collapse project and draw out investor from the project . Most token and coin are dropped up to 82% down because investor are expecting quick Again !!! Let Hold !!!!!
hodl the bitcoin is highly recommended but hodl altcoin (I won't say all of them) is highly not recommended especially for ICO tokens that have just appeared, that's the reason why many sell immediately when they get tokens from the distribution of ICO rewards.