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Try investing in defi coins where you can generate passive incomes easily, I suggest you to Pancakeswap where you can stake cake then get another coin(Syrup) for free to stake it for another coin of your choice(Twt, Alpha etc). But if you don't like defi projects you can always check on established coins in market, specifically xrp cause it is going to have a fork around december.
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Different people with different opinions, i wonder why many people believes covid can ever have a huge effect on cryptocurrency to the extent of shutting it down which am sure won't happen.
It made an effect in the first weeks or so of the corona pandemic, the crypto market has crashed down due to fear that it might have had the same fate with stock market. Some traders had to full out their investments and some have switch to stablecoins in order to prevent from massive effects of melt down. |
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Is NXPS still even operating? I thought it had been delisted in several exchanges already due to its stagnant progress. Defi Projects are the ones that are worth holding for long term investments I guess due to its limited supplies and some other features that the traditional platform can't offer. With increasing numbers of defi projects coming out almost everyday with innovative ideas and benefits it surely make it more valuable in a long run.
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actually not only top altcoins for beginner's choice, we have to do an understanding of which coins to trade, because not all top coins are easily traded, but I agree to avoid many scams it is better to choose top coins because many people already trade and invest.
OP was referring to newbies so top coins would definitely come in mind since they don't know much about crypto otherwise there is someone who is teaching him/her learning the basic and will eventually learn how to do basic trading, investing in a token sale and other things that an average crypto enthusiasts usually do. |
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If you are used to doing trades in a daily, hourly basis then you cannot refrain yourself from keep on checking on your profolio, the best you can do is switch you assets to stablecoins like USDT to prevent from excessive loss, then switch back to buying coins the the market get back ot bullish, in that way you would be able to get profitable gains.
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Sometimes the initial look of website or whitepaper is enough to judge a project because professional and serious projects will not compromise even on the quality and design of the website. So we have to check the ico project from all aspects before looking to invest.
I don't these ones matters anymore, cause scammers know their flaw and they have already did something to cover those up. Whitepaper might be a something to look at but it is not a big deal anymore. I have been any many token sales, with great looking whitepaper, but still the project ended up scams. If the projects evolves then the scammers too, they will create and double their effort if necessary just to scam millions of money from investors. |
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Even the one of biggest Bounty Manager will not be able to detect if the project is going to be a scam because scammers will do everything to cover up their malicious activities in order to attract and drag some big crypto influencers in the market today.
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If making money is 100 percent given then the entire world would be pouring their money here. It's not easy , you have select the right project and hold your nerve for a long time possibly to get profit.
Right better selection of the projects would really matter in all cases. If you are looking a project to invest with, you Do your Own research avoid being scammed and thing goes to bounty hunting to have to make your own research, and you have to skillful, you can do anything like, translations, promotional videos like in youtube, must be high rank bitcointalk member in order you give you a profitable rewards. |
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We all have the that kind of experiences in crypto world. You feel you are comfortable with the price of your investments going but all of a sudden the price will eventually fall that which lead to your assets loss. For me it you see a profits and you are gonna be holding the coins for long term, I would dispatch it for $2-5 gains cause profits are still profits whether it big or small to avoiding regreting it once the price starts to decline.
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