Contest: Show your skills in cryptocurrency - Best coin, and features
I started to learn about cryptocurrency around 2015. I researched how Bitcoin, Blockchain, and Cryptography works. The first crypto coin on name ATC Coin founded by Mr.Subhash Jewria of Jewria Services Pvt. Ltd. was launched in India for the first time in India in between 2017.
They first created huge artificial hype of ATC Coin. It was a self-operated boom by its founder team and top management team. A lot of people including me lost a huge amount in this coin.
It was just starting of the crypto trend in India and almost all Indian people know about this ATC coin scam who are in the crypto world.
Then I started to survey about the crypto world from leading websites like bitcoin bitcointalk.org, steemit, medium, and there I found many posts related to new projects launching as an ICO (Initial Coin Offerings).
My journey to acquired crypto started with Airdrops. I collected some crypto tokens and coins through bounty and airdrops. Then converted it into ETH and BTC to participates in ICOs.
My first ICO was "Token Stars (ACE / TEAM Token)" which was a Sports Talent Management agency. The returns from this project were negative and I face a huge loss.
Then other, ICOs that I participated in were Cappasity, BitClave, NAGA - NGC, Dmarket InSolar - INS
The best return that I get was from Cappasity ICO. It was opened around 70x high in exchanges and I converted my CAPP tokens into BTC and I got around 1.2 BTC.
But, I was made mistake is after some time, I invested my BTC into some other coins and in the same Tokens that I participated in.
A couple of exchanges that I was using for trading for example Cryptopia, OctaEx were hacked in 2018 and my all asset on that exchanges are lost. My many tokens and coins are still missing on these exchanges.
But, still, I am working and I have not lost my hope in Cryptos after seeing many downfalls.
Many ICOs come into the market and they show imaginary predictions about their project and ecosystem on their whitepapers only. They create great hype and influences people to invest in their futuristic ideas only.
But rare projects like @steemit works on a real blockchain and provide its users a real value using cryptography and blockchain technology.
It is better to invest in shitcoins for trading purposes only to get profit. But If you thinking for an investment purpose. I will not recommend any ICOs the majority of them are intended to make Scam.
But projects like #steemit that works at ground level for its users using social media platform is the best project in my views to consider for an investment. In my point of view Steemit, SBD or Tron is the best coin that uses a real ecosystem.
There are other coins also like TRX as I mentioned earlier, DTube, All exchange coins, and tokens like HT (Houbi Token), Binance Coin are good to invest in.
Thanks for your entry, did you reply with your post link to the original contest announcement?
Yes @vik24
I have replied to this. Is it okay?
https://steemit.com/hive-197809/@vik24/contest-preview-contest-show-your-skills-in-cryptocurrency-best-coin-and-features
It is a good post with a good learning on how we should focus in Crypto market. I have also lost my money in ICO tokens.
Thank you for your feedback.
Nice guidance on how to invest in Crypto token and coin. Your experience will help us to make a right decision.
Thank you for your feedback.
I also made some wrong decision while investing in tokens like yours. It's critical thinking.
Thank you for your feedback.
We should choose our crypto portfolio wisely otherwise we can face huge loss. Yout experience will help me in making proper decision.
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Good article on Crypto investment.
Thank you for your feedback. It means a great reward for me.