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Since I have ventured into crypto business, I have not seen any lending coin or token that have lasted for more than a year. They are the riskiest coin or token to trade on or invest in. I have lost a reasonable among of money trading and investing in them. In one way or the other, they have affected the blockchain technology advancement. I have made up my mind not to invest in them any more. I will rather trade on good coin or token that is already doing well or promising coins that are doing.
The reason a lot of persons used to fall victim is that they want to make a fast money. Honestly, that was my intention and in the long run, I was hurt by losing a lot of money. This has really hurt some persons and they have made up their mind not to invest into the crypto projects or trade on anyone. This has affected mass adoption too.
My suggestion is that if there is a way to abolish Lending coin or token by SEC, that will be great. You can share your experience here and what you feel about this.
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I regretted ever invested in this project. What a scammed coin.
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If you want change mate then act as one. As per review on your posts history I can see that you're into bounty posts. Is this your medication posts?
Did you read my post very well? |
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The activities in the bounty section should be cancel because it has no major effect in the forum. There is a lot of spam in there. I have been there for a while now. The activities don't prove your real self. I have changed to other sections of the forum to enable start getting the desirable merit I want.
Some people are there just because of the bounty program and not having the forum in mind.
Hey!!! You have doubled (i don't want to say steal) my thread wrote just two days ago! When everybody says “Merit” I'm asking: What about Activity???What was the purpose of writing another thread on exactly the same topic when one already was on the first site of meta section? ...
When everybody says “Merit” I'm asking: What about Activity???
Activity on this forum is a parameter based on the post count and time since being registered. Being more precisely it’s minimal value from the total number of posts and the number of 14 days periods one’s posted since registration multiplied by 14.
activity = min(time * 14, posts)
The idea of providing this parameter was also decreasing spam. After this implementation spamming more than one post per day became useless if ones purpose was only get higher rank. Other words it became impossible to rank any account faster than fixed period of time.
Ok, that happen in 2013 and it works until today. Has anything changed since 2013? I think it has! Few years ago new era – ICO’s Era has come. But I don’t want to talk about altcoins in general but only about two activities connected with ICOs - bounty and airdrop.
Why? What makes the difference?
Before bounty and airdorp threads have started, each post even shit one had “meaning”. By posting anything you started a new topic of discussion or simply took a part in existing one. Even if the posts were only “Yes”, “I don’t agree”, “I like this project”, “Bulshit!”, etc. they were somebody's voice in discussion. It also means that poster at least has read a few post from the thread to chose if his answer should be “You’ve right!” or “What a nonsense!”.
What about airdrops and bounties? Posts in such threads in 99,99% only inform about 2 things:
1. "I want free coins!”
2. “I did my job - here is my report/retweets/reposts...”
And that’s it... nothing else... Other words they have completely no meaning from discussion board point of view. This case they shouldn’t also be treated like any kind of activity on forum. Don’t get me wrong – I’m not against bounties or airdrops I’ve also taken part in many of them, but look the situation:
Today it’s possible that guy whose only activity on forum was asking for free coins 60 times (airdrop) or taking part in few bounties is writing one good post (or get 10 merits in other way – as you all know it’s unfortunately possible) and he is automatically given Member rank. Does such guy really deserve Member rank?
Even in signature bounty campaigns posts from bounty threads are not counted so why we should count it while calculating important Activity parameter.
Summing up: my idea is to cut off the posts written in bounties section from the number of posts used to calculate activity parameter.
I’m not sure how difficult it could be from the developer side, but if there are future, which divides all written post into 14-days periods and then calculated only not empty periods probably there would be also possibility to cut off post from bounty board while calculation activity.
Hey, I never see your post before posting this. Your post was generalizing the bounty compaign program, but mine hit on the target of cancellation. I don't post like that, but I think before posting. Thanks |
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The activities in the bounty section should be cancel because it has no major effect in the forum. There is a lot of spam in there. I have been there for a while now. The activities don't prove your real self. I have changed to other sections of the forum to enable start getting the desirable merit I want.
Some people are there just because of the bounty program and not having the forum in mind.
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You need to decide what currency you want to have your profits in.  For example if you sell $10,000 worth of an altcoin at $1 you have the option to buy more of that altcoin at $0.50. Or you can choose to buy the amount you initially had and keep the rest of the profits in BTC or USD. Thanks, Nice Idea |
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what you do with the profit or the money after selling depends mainly on your strategy. some people inject a certain amount of money in the market and start trading with it and grow that money. for example you may start with $100 and never get out until you reach $1 million. that means when you make profit you invest it back in. for example when I trade I end up with more bitcoin so basically I invested some fiat but now I am increasing the amount of bitcoin I have by investing back the profit.
but also another strategy is to inject a certain amount of money (lets say $1000) and keep it that way because you are only comfortable with trading that much. so when you make $20 profit you cash that out and keep it at $1000.
This is wonderful, thanks so much. |
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Poloniex and Bittrex are the people of crypto yelling about. You may also try Binance and Bitfinex. If you want to trade with your family members in the same ip address, stay away from Bittrex as you might accuse of having multi accounts. Poloniex is perfect to link with tabtrader. Hi guys welcome its cryptopia is reliable for trading or bittrex i need a suggestion for trading sites has a good trades
Cryptopia is a good trading site, I have been using it for almost a year now. I haven't had an issue with them at all. |
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What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low?
What you do in this scenario is either to convert your money into fiat directly or you tether it in the exchange. Buying back should be when price has dropped again. I need an expert to clarify me, Thanks.
I do not believe there are experts in this trade business, so that you don't see yourself as inferior and refuse to learn which will lead you into constant losses. What you need to do is to learn the trade, understand it and know what to do at certain times and with time and hard work, you will start making more profits than losses - perhaps, that is what you are referring to expert  Is usually a repetitive incidence happening in the market. Thanks for the reply, happy to hear this; THERE IS NO EXPERT IN THE BUSINESS. |
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Recently i was working on a project related to Altcoin listing on different exchanges. Strange i found out too many new exchanges and people are trading well over there. Don't you guys think there should be limited number of exchanges and regulated ones? (Many new exchanges are nicer too and competitive but there is always a trust issue there specially for new investors). Your thoughts.
I don't think this is an issue, many exchanges will enhance competition in the industry rather than to monopolize by few of them. Apart from that too, you can see a lot of coins are emerging on a daily bases, we need more exchanges to contain those new coin coming up. More also, for a coin to do well in the market it requires more exchanges listing to spread their tentacles. |
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I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.
In trading, especially if you're not doing margin trading, ensure you trade exchanges that have USDT pairs. That is where you preserve your gains in wait for the dip of that coin you profited from or another coin that has dipped and is worth buying. Wow, this is a great idea. I believe you.  |
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I'm being a hard time finding what is the meaning of Poc, some said it's Proof-of-Coin, some said it proof-of-concept
but what is the true meaning of PoC at the current moment when all of the BTC and Alt are green and they say 99% are just PoC?
PoC stands for Proof-of-capacity and It is the ability to utilize an empty space in your hard drive to mine free coins. Proof-of-work (PoW) and Proof-of-stake (PoS) are the most common ones most coin uses. There is only one coin that uses PoC, it called Burstcoin. |
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Kyc is not a bad idea at all. We need it to ameliorate fraudulent act in the cryptocurrency industry and to enhance trust. Cryptopia doesn't require KYC, but it has a low withdrawing among for a day.
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I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.
Managing Trading is an easy thing, because basically that when we can sell and buy, we can make a profit. Make sure that we get enough profit margins because when we get a profit margin that is by selling coins we have far more expensive than when we buy them we can make a profit. Thanks for this information, It was very insightful. |
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For me, I believe that information is key to traders. When you have the right information you will excel in trading. There are much more fakes information than a genuine one, you need to be careful where you get your information from and this is very important.
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I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.
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