ICP Thought

[Jamal Aezaz]

Guys I am holding some ICP and am down around 20% in that area. I have been hearing mixed reviews with some saying it has potential to be a 1k+ coin with its projects, and with others saying it is complete garbage. Is it worth it still to just hold or is there more potential to move to another profitable alt coin ? I am looking for best returns  for a 1 year turn around. What are your thoughts?

[Master107]

I decided to quote the following message as opinion of my basis why you should hold.

But, unlike Ethereum, Dfinity says the Internet Computer blockchain runs much faster and is less costly — likening its speed and capabilities to the internet — because of the way it is set up.

“The Internet Computer works in a very different way than any other blockchain,” Dominic Williams, founder and chief scientist at the Dfinity Foundation, recently told Bloomberg. “Today, a lot of blockchains run largely on the cloud. The Internet Computer runs entirely on dedicated hardware that are installed by independent parties around the world.”Source

The potential project before it bloom sometimes it takes time to fully grown. All cryptos will go under the process where we know the price is unstable despite of tirelessly efforts 24/7.

I understand you mate. Would you mind,,for me, I will hold the 60% and invest the 40% in NFT play to earn project which could possibly earn regular profit just by playing while earning. It will cover your loses in due time. I just observe that NFT play to earn now seems hot.

[MrSpasybo]

ICP is a good project, because right after it was listed on the exchange, it reached the top 10 of Coinmarketcap. However, we can see a huge FOMO for ICP when it has no product for the crypto community, no real users. Therefore, after reaching ATH, ICP price quickly fell to 27 USD. I'm surprised that your assets only decreased by 20% instead of remain only 20% ^^
You can refer to the assessment of blockchain experts about the potential of the project. I myself think that the bullrun will return soon and ICP price will soon reach a higher price.

[Giangphuong8489]

I don't like ICP, because I think it's just a bubble. I choose tokens from potential projects like ETH, BNB, EOS, IOTA, NEO, TRX, SOL, NEAR, MINA.
However, if you are still holding the ICP, wait for a better price to sell.

[Master107]

I don't like ICP, because I think it's just a bubble. I choose tokens from potential projects like ETH, BNB, EOS, IOTA, NEO, TRX, SOL, NEAR, MINA.
However, if you are still holding the ICP, wait for a better price to sell.

You mean ICP is not potential like ETH, BNB, EOS, IOTA etc.,? The world is getting into internet where almost transaction could be done thought it. I think ICP is not yet done upgrading whatever that could be a price boaster.

[TomPluz]

I have not yet taken a closer look at ICP but based on what I read and observed this is a good coin and it has a potential to really go up in the future. Since it has just started, we can not expect it to fully bloom right away and yet it has grabbed the attention of many because of its tremendous growth lately in terms of price. Of course as the market dipped, it also go down some points. In case you don't need your cash back, I am suggesting that you hold it for at least one year. Can it go beyond the $1000 level? Maybe yes maybe no.