I think Red trust should he be the punishment for such act, and I have seen some of it on this forum. As touching the party that is responsible for a scam project, I don't have a clear Idea of this..
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Everyone becomes a holder because selling your coins or tokens at this moment won't yield you enough profit. So it's cool to hold for the main time.
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Determining whether bounty is profitable or not solely depends on the type of bounty you participate in. If you participate in a very good project, and you make huge profit from it, then it is profitable.
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Participating in the bounty campaigns take a long of time especially for bounty hunters. Depending on the goal you set for yourself in the Crypto world will determine how you much seriousness and efforts you will put in.
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It's very possible. But I think it solely depends on one's level of security. If you keep you private keys and seeds very well without any third party influence, you are safe.
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I don't think there is anyone that can can boldly say when the market will rise or how long it will take. We are all hoping it comes very soon but it might take a while.
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You see Scammers everywhere in the Cryptocurrency system nowadays. I have fell victim once and that was the last time it happened to me.
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The situation is giving me much concern because at the moment there is little or no clear chance that this December will favor the Cryptocurrency market. And even if it's going to, I don't think it will be very high.
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If you wanna earn without investing, there are lot of bounty campaigns you can join and earn some tokens. You can as well join airdrops.
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I don't think you can get coins or tokens for free anywhere. But you can get without investing buy participating in airdrops, bounty campaigns mining.
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Crypto is largely and widely existing in my country as a large number of people are coming in day-by-day to partake in the technology, I have even participated in 3 ICOs that were teamed by people from my country and they were worth it.
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The creation of more ICOs in recent times has led to the existence of high volume of Scam and fake ICOs everywhere and I don't think there is much we can do about it unless there is another technology that screens out the fake ICOs.
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I planned to hold on to my Crypro till market gets better and probably yield me more profits. At this moment, holding is key.
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Kyc is for the bounty management to know the investors that are dealing with them and to be sure if they are not from countries where Cryptocurrency is restricted. Most bounties use kyc while some don't
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For me, the best thing to do when altcoin price dumped is to hold the coins for a while or buy more of the coins at a cheaper and wait till there is more increment in the price.
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I will advice you to keep using the particular wallet recommended by the projects management. But I still prefer Myetherwallet for storing my coins that are Ethereum based.
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You might lose all the coins you've got while using a wrong wallet!. I think previously existing wallets are still safer and more better than the new ones. So one needs to be extremely careful while choosing a wallet.
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One of the major problems in the Cryptocurrency these days is the massive existence of Scam and fake projects that are everywhere. It's really disgusting and painful to later realize that you have wasted your time on a fake ICO and it's really hard to distinguish the good from the bad.
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In the Blockchain technology and cryptocurrency industry, patience is the major key to succeed in there, especially in times like this when things are not really going smoothly.
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How successful the campaign you participate in will determine how much you will earn, if you participate in a more successful project, then you make more profit.
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