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If you still have the 20 eth I suggest you should hold, don't bother taking risks anymore, holding Ethereum presently will net you more profits right now, from 350$ to 470$, that's good profit for you already, that's if you haven't sell for another coin and if you can sti hold on ethereum will still surge after the 2.0 upgrade get launched
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It's your choice to decide on which one suits you, DAI has low market cap compare to USDT, DAI is decentralized and more secured, meaning they have no power over your fund, USDT has the upper hand because of its liquidity and volume, nothing comes close to this, mind you USDT is fully centralized
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STO shouldn't be on the list at all, it's brings nothing but total failure for many projects and some projects even opted to STO thinking it will favour their project, unfortunately all wall start crumbling down on all STO projects, ICO beats STO hands down but IEO brings more trust
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No coin will beat ethereum, all we will keep seeing is competitors, bitcoin still remains the major crypto coin today because of it solid foundation in crypto space, old is gold on here people, accept that, no matter how good the tech of upcoming project will be some old coins will still be standing tall on them.
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It's possible, thanks to PayPal showing up when we desperately need a good news lol, bitcoin is over 14k now and yet its still bullish so anything is possible from now on, dominance is pretty high and the impact on altcoin isn't very encouraging but another thing that might change that is Ethereum 2.0, there is possiblity of witnessing something almost identical to that of 2017 from now on
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Tbh this project has very good use case and they follow their roadmap very well, I believe it's not over until it's actually over, just because bounty hunters dumps and price is way down doesn't mean it can't recover but that's on the team, they may be lucky if they are able to come up with something new
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Not all of them are clean so it's our duty to investigate before promoting their projects, some newbies are scammers while some aren't, to find that out we have to use our skills, most times I prefer projects from high rank members and most importantly the quality bounty managers we have on this forum but newbies are worth giving a chance too
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I stored more than 2000 USDT in my wallet for a year and half now, I don't think there is anything to be worried about, this stable coin is well supported and embraced through out the entire crypto space, do not worry yourself, although I won't recommend if you are into frauds, USDT has the power to froze your money
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There are tons of copycat projects in crypto space today, once a new idea is been released by a new project and the project did very well many copycats will rise up from the deep, some to scam and some to be competitors, since investors have more interest in the first project that brings the idea they ignore the copycats and the copycats start dying bit by bit
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I've been following this project since distribution begins, yesterday it was a big mess and almost all available volumes are nearly zero but today the coin recovers with 72%, I think that's huge, it shows that the team knew what they are doing, it seems like this project will stand up on its feet once the distribution is finally over
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I believe if a project is high quality the team will avoid any unnecessary FUD or bad stains to affect their project, they will surely fulfill their promise to bounty hunters, I'm much into good projects than escrow, bad projects can be escrowed too and you will end up with bad tokens
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Well I've seen projects with anonymous teams that performs very well than other, also there are many projects with real team that still end up dead or scam their investors, this your point is 50/50 percentage effective, it's vice versa
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Here are reasons why DEFI is a high risk investment
1. A glitch in the system can lead to loss of funds or blocking of all assets
2. Developers boost that their codes are impenetrable but they can't oversee how users interacts with applications and platforms, meaning human errors are inevitable.
3. Market is very unpredictable and there is no any form of insurance available for investors, they risks of losing fund is very high
4. YIELD FARMING
Yield farming means the creation of tokens to reward users who provide liquidity to a project, meaning it's a must for users to invest their tokens on the project, you won't be able to trade or sell.
Today many projects are going into DeFi because high yields are offered and investors want quick profits too .
With DeFi the risks are insanely bigger compared to ICO.
Your first to third points are pointing to all crypto projects generally, only the last point is talking about DeFi projects, the yield farming bullshit is what many DeFi projects are offering stupid investors who can't do research on their own, all crypto projects carries the same risks but yes DeFi carries the highest risk today |
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The main headache here is some bounty hunters won't co-op with this plan, many bounty hunters don't care about their rights and that's why some project team refer to bounty hunters as penny workers or calling us names, not getting paid must stop but we can't control people to do things, I do wish all bounty hunters can co-op, this is the only way
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Not using Escrow isn't rule breaking, that will be too harsh and unjustified, all we can do is make them start using Escrow, assuming a new bounty project got released today and it isn't escrow I expect every bounty hunters to turn away, if this happens gradually the bounty managers will make the move.
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There are just people who are lucky and get rich in an instant also, but it's not only luck that makes them rich don't get me wrong
I'm pretty sure they are doing it every day it's just that on that day, is the day they are going to be rich,
they work hard every day, so its luck and never giving up , is the recipe to be rich or successful, that is for sure.
taking profit is alright don't wait keep pushing every day.
If we take profit today it won't be our last, meaning there will be more chances in the future, this is why I think taking Profit can get you where you want to go, take profit and keep working hard, remember majority don't have savings problem but the income problem, if we keep taking profits and we keep working for more profits things will be possible |
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That's not a guarantee, but if you hold bitcoin it could be a 7% chance. crypto which is not yet legal and is still a polemic for some parties. worst thing is if crypto finally disappears, then our money will be gone forever. the best thing is, if there is a slight increase and profit, you can sell it.
Do you think it's still possible for crypto to erase off the face of this earth? Now that many top notch companies and organizations are pointing to blockchain technology and crypto as the future currency? I don't think that's ever going to happen, bitcoin survives till date on its own after the past hard fights, the time have pass for crypto to die. |
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Thank you for advice. But how do we start if there are lots of bounties are just scamming us. In fact, even I combined my work hard to work smart, nothing happens. I am still poor today. I always look at my wallet and saying that this will have a few bitcoin soon. But whatever I did, there is always a fail. I don't know but I think crypto is not my industry because I have been there since 2017 and till now, I did not gain a lot.
Bounties is another case entirely, I don't advice you to old your bounty tokens unless the project ends up on binance, for example I will gladly hold DIA tokens for years because of its use case, it's just like ChainLink and I'm sure it's future value will worth more than a dollar, I prefer dumping my bounty tokens for other coins because majority of bounties are worthless projects |
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You don't want to miss out on future gains, I know that since 2017 many altcoins have sink in the ground, they are never coming up again because they keep losing value but few ones are strong enough, you are indeed right that we should take Profits but let's try as much as possible to always hold few tokens, do not sell all your coins because you want to take profits, whales of today took profits too but they still have some percentages in holding
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If you are good at doing research you can easily find strong coins to hold but make sure you take your profit when the coin gets to a certain new price, there is no guarantee that the coin will keep growing, only very few coins did very well after a year or two like ChainLink for example.
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