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This is definitely the right time to join in and the best time to invest. The present down turn is not the end of cryptocurrency, the market will bounce back and those who invest now will reap bountiful returns.

The blockchain technology is most suitable for businesses or transactions that requires third party, and that includes Real estate, Airlines, legal services, Hotel bookings etc. The banking sector however needs the blockchain system the most to remove the multiple layers of intermediation that results in slow operations.

Considering the high level of scam associated with ICOs presently, many investors are at risk of loosing their investments. Bounty hunters like us are not spared as we may be rendering free services to some scammers and also risking our personal data.

I suppose a regulatory body be set up to audit the ICO process and the founders, and if anything goes wrong or should the project fail, they will be liable. This will reduce drastically investors risk and also keep scammers away. What do you think?

Quote from: Vjatri on June 10, 2018, 02:26:22 PM

KYC are done to prevent members of some countries from participating in ICO because it is illegal over there. Does your country permit you to participate in ICO?

Its not illegal to participate in ICOs in my country. There is no law at the present outrightly banning citizens from participating, the government is rather playing a protective role, warning citizens to steer clear anything crypto, blockchain or ICOs to avoid losing their investments.

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yes am selective of ICOs. With so many of them springing up these days, I encourage everyone to be selective too reasons are they are very risky. A project with a good whitepaper presentation and an experienced team may still have a high potential for scam.

Quote from: Impulseboy on August 30, 2018, 12:04:24 PM

What for you is the safest and most reliable altcoin that any beginners of cryptocurrency can buy and invest in to? Because bitcoin is unpredictable I wonder if I can start buying altcoins instead, however, I do not want to buy an altcoin that will just be a waste of money. Any ideas?

All altcoins like bitcoin are unpredictable . presently none of them can be regarded as most reliable or safest because they are all volatile. however for other reasons the Ethereum stands out because the technology behind it is more versatile and gives room for financial innovations like smart contracts.

Quote from: beswaax on September 06, 2018, 06:58:28 AM

The crypto market is in the red right now, Ethereum suffering the most, but don't panic sell people, it will rise again

The down turn of the crypto market right now,is rather panicky and there is the likelihood of loosing huge investments because no one can predict when the market will revive, so we can only hope.

However every investor should have prepared his/her heart for a time like this knowing fully well they must come. At this point, the decision to sell is dicey and depends on individuals expectation of the market. Those who hope the market will rise may not sell while those who expect the market to fall further can sell to prevent further loses.