I can agree, but also it is the matter of time, if your job is taking 80% of your time and it gives 20% of the profit, there is a possibility to thing about quitting it.
OK... So you are saying that crypto is taking 20% of your time and still giving 80% of the salary and therefore you should quit your regular job? It is not that simple. There is no guarantee that the earnings from crypto will remain forever.
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If you want to earn while sleeping, you can try mining cryptocurrency. In this way, whatever you do just run your mining rig and you will earn at the same time. This only requires huge capital because of the cost of video cards.
"Huge capital" is definitely a problem, because I don't think that everyone can afford the mining rigs which can cost many thousands of USD per piece. Only those with funds available with them can engage in mining.
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Once you start bounty for a campaign you are already like part of the team. Paying you in ETH is like working in Singapore and be paid in USD, meaning you are not affected by the conditions that affect the local currency. So thats a big request to be paid in ETH .
The counter-argument is that the bounty participants are working for the success of the ICO, and their payouts must be proportional to the returns from the ICO. That means that if the ICO fails, then the participants will be left with zero reward.
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The Traxia Membership Token (TMT) is about to be listed in the major exchanges in a few days. IMO this is one of the coins/tokens with a potential to give 10x or even 100x returns. The ICO was successfully completed a few days back.
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To be honest, for me there is not much difference that payments for the bounty will be paid in the ETH or token of the project, because i watched when the bounty is paid in tokens, it is even beneficial for the bounty members, because the tokens can increase in price 2-5 times than the price of the tokens during the ICO.
A partial payment in ETH can reduce the number of scams related to the bounty campaigns. Nowadays a lot of bounty campaigns are not paying their participants any rewards. This needs to be prevented.
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Can i trust on etherium project I want to hold it for long term 5-10 years
5-10 years is a very long time and certainly you will be profitable but instead of keeping ETH then you should use 30% of assets to invest in ICO projects then the profit will increase higher. Upcoming ETH platform will be upgraded to POS and this is a great opportunity to see ETH price increase because this year ETH can reach $ 3,000 and this will happen soon. with Ethereum having an ever-increasing development. this becomes a pretty high profit by having Ethereum and is held in the long run. so it's a good idea to use Ethereum in the long run and rely on it for a much bigger profit in the future. I would agree with the argument that the ETH developers are very competent (unlike those of Bitcoin). Recently they had a fork and it reduced the transaction fee for using the Ethereum platform.
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Bounties are importnat part of every project and we see some projects use Airdrop not just for promotion but as a main way of distribution of their coins for example Nano,Onion and both as we are very good projects so yep most of them are useful.
I never participated in the Onion airdrop (there was a requirement for carrying their signature, which I couldn't comply as I was participating in another signature campaign). But some of my friends who enrolled up for it told me that they received coins worth more than $50,000.
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Hello Bounty Hunter Friends,
Could you please tell me which signature campaign is the best for now? And, Please share your way how to choose a good signature or social bounty?
Thank You
There are too few signature campaigns which make payments in BTC. So you need to join some campaign which pays you in altcoins or tokens. And this is where you needs to be careful. There are thousands of them, and you need to chose the right one after reading the reviews.
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Most likely that those coin who are in the top 10 are good for holding for several years, it will surely give you high returns if you enter in a good position.
Just because a coin features among the top-10, that doesn't mean that it is good for long term investment. And there can be several promising alts outside the top 10, which can be ideal for long-term holding.
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One of the safest ways to invest in cryptocurrency is that you have to research the bitcoin or altcoin you will invest. If you think litecoin is safe for you to invest, invest in litecoins, cause you know it. I think that makes the investment unsafe is you invest but don't understand the character you are investing.
It is a good strategy. But if you are planning to depend upon the crypto-review sites, then I would warn you to be careful. Because I have seen most of these sites giving out biased reviews, especially favoring some of the little known alts.
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Do you recommend investing in Ethereum rather than bitcoin for holding now ? Or Bitcoin should be first ?
I still tend to favor Bitcoin over Ethereum and there are multiple reasons behind that decision. First of all, Bitcoin has survived for more than 10 years as the top crypto (in terms of user-base and market cap). And secondly, ETH is facing a lot of competition now.
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I have a question.
What is better? To keep your coins on some Exchange site or to open wallets for each coin?
I would like to hear some advice. What are pros & cons of each option?
Thanks
I am not sure about this, but I read somewhere in this forum a few months ago that trojans were detected in a system after someone installed one of the altcoin desktop wallets. So I am always extra-cautious before installing these wallets.
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I'm really disappointed with myself now because of Verge. Way back June 2017, I bought $200 worth of XVG and I sold it last week a day before the pump happened. It could be worth more than $5k now if I just HODL. Well, I need to move on and learn from this mistakes. This will be a lesson for me to have patience and wait for the right time to sell my coins. The reason why I sold it was because I need more funds to buy another coin. I'm happy with the coin I bought because I can now see that it is now starting to pump. Maybe, I'm just half disappointed every time I'm seeing the current value of Verge. I bought some XVG again and will surely hold it this time. I hope that this experience of mine can be a good example for everyone especially the newbies in this community. You made the mistake by selling all of your coins in one go. You should have divided the stash in to a number of portions and set different targets for each of them. That could have avoided some of the losses.
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Seoul Mayor Plans to Unveil Better Self Crypto for Stratup Blockchain.
Park Woon-soon has announced that South Korea will launch its own crypto and create a better environment for startup companies Blockchain and cryptocurrency in the country. He wants to form a blockchain that is oriented like a startup industry and focuses on developing Seoul's cryptocurrency, 'S coin'.
One of the reasons for the development of 'S coin' is to improve the transparency of governance that exists there. Although the Korean government initially applied very strict rules against cryptocurrency.
what do you think about this? is this good news about the development of cryptocurrency in the future?
The situation in South Korea is very confusing. Some of the government officials want to regulate the crypto-currency and they understands the benefits of it. But most of the other officials are hell bent on harassing the crypto users.
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Obviously you can't expect a coin with a market cap of $130 billion and a user-base of more than 100 million to move up or down by 50% in a single day. For that, you can depend on some altcoin with a market cap of less than $100 million.
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Scams everywhere now. Greedy ICOS that for some reason need 20 million dollars for a small project, Ridiculous. Greed everywhere, thousands of coins that serve no purpose. This is so far removed from satoshi's vision. Premine bullshit scams like onion. Projects that have no reason to be on a fucking blockchain except to cash in money on the hype. We need another fucking crash to clear out these shitcoins and scams, and you greedy mfer ICO devs are the cause of this bullshit.
Scams always existed in the crypto world. Even I have lost huge amounts of BTC on various scams. The amount of BTC I lost in various scams is more than my current holdings. There is hardly anything we can do about it, other than being cautious and alert.
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Buy newly listed coins only if you are extremely sure about their future potential. Also, you need to remember that nowadays a lot of scam coins are coming out in the market. You need to stay away from them.
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It may be a better idea to convert some of these ETH to ETH competitors such as Cardano and NEO. I don't want you to sell all of your ETH, but any amount from 10% to 20% may be enough. It will act as a buffer in the future.
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Right now it looks like ETH is having a lot more momentum when compared to BTC. But still ETH is miles behind BTC in terms of both user-base and market cap. Also, ETH is facing a lot of competition from some of the newer alts such as Cardano, NEO and EOS.
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Yes, the bounty is really more profitable than the airdrops. Now a lot of fake airdrops.
Fake airdrops are there, but you need to be more cautious to avoid them. A lot of the bounty campaigns are also not paying the participants nowadays. So you can't really say that one of them is better than the other.
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