Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: cryptothief on June 28, 2018, 09:57:46 AM
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Over the last 6 months most ICOs (and established coins) are experiencing drops that are killing investor's expectations, but don't lose sight of the fact that good projects will bounce back. Keep an eye out for significant road map achievements and you'll start to see the J curve kick into action. Investors in general lose interest in a project shortly after an initial jump, but that doesn't mean work isn't being done by project teams behind the scenes. Keep track of progress they are making and be aware of the value it adds, the market will catch up.
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Yep, very good advice. Sadly in crypto sometimes having a working product can be the worst thing for the token price because all the speculators move on to the next coin they can pump and dump. That's why I think it's more and more important to invest in things that not only have a solid and working product but also have good token economics that make sense.
Ambrosus (AMB) is one of my favorite coins and biggest holding precisely for this reason. They've been around for a while and the early hype died down and now the price is a steal. What's better is that they have main net launching soon and once master node operators start recieving huge payouts the fomo will kick in once again and the traders will be back taking the coin to 20x and beyond. It's certainly one of the coins at the bottom of the J curve ready to go parabolic soon once again.
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Ignoring the January bump that skewed every price on the market, what was the sharp increase in May? Was it related to the project or just responding to market sentiment? Lots of projects promising the same, what makes this one special?
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I hope you're right.. some projects like Dragonchain have been slaughtered after their huge pick in December.. I was getting concerned we were going back to ICO price soon.. but theyre still probably further a long with the project now and will be waiting to pair news with the next market cycle.. but its getting downright scary with some of these.. Nano is another example of how far its dipped.. and wanchain..