Latest posts of: daporivera

We all can't deny the existence of scam around us. Trust me, it's is an inevitable. The best you can do is to ensure you do extensive research on the project before you invest. Scammers have tarnished the Image of cryptocurrency to the majority of the population and therefore, they see it as a scam arena where you loose your money with seconds, as it is almost impossible to recover your funds back, so it's a turn off for majority.

Yeah, of course it is a way to become rich, but most importantly crypto is not a get rich quick scheme. Irrespective of the niche of life you choose, you must have gained exceptional expertise in your chosen niche in other to make it really big. It all about how much you are willing to sacrifice for your success. Most importantly, do not forget they TIME factor because success does not happen overnight. Success is a process.

It quite necessary to star it clearly at the beginning, rather than introducing it in between, that way hunters who don't want to get involved in KYC can take a step off. The reason for kyc is to verify participation of people in the project advertisement. One issue of concern is how you can still fail KYC (know your customer) even after uploading the required document for verification. In most cases, when you don't pass kyc you won't get your reward. All those time and energy put into advertising can't be put in vain and unrewarded.

Yeah, that a great word of advice tho, ICOs have been comprised by scammers that launch non existence project, with a fake team and don't deliver the project on the long run. How long are we willing keep feeding scammers ? ICOs are off the track already, so do your self a favour by not investing in ICO, IEO is already gaining popularity and seem to be a better option for ICOs. I really just hope some regulations are put in plcae, because scammers will still go after IEOs just the same way they went after ICOs.

Well, it is a blessing in disguise for only those that can think really really deep. To be honest, you shouldn't expect the crypto market to be in a bull run all time, like every other market, it has its own ups and downs
Instead of complaining bitterly about the bearish market why don't you just invest in coins with potential growth possibility. Whether you like it or not the bull run will still come, most important question is what investment have you put in place to earn you 10X profit when the bull run comes.

Regulation of ICO is very necessary as investors need to to be protected from getting scammed . They have been numerous cases of scam projects which scammers make away with huge amount of money and never get punished. In a way it gives a sign to other scammers that they too can launch a scam project and also make way with huge amount of money without been punished or caught. Scamming is inevitable but atleast desperate measures should be put in place to reduce the rate.

I don't see this scammers backing out of scamming or launching scam projects every now and then, as it is their source of income, if you don't want to fall victim, you will have to be diligent to analyse project and determine whether it is worth investment or not. Only you can help yourself out to prevent being scammed, since no regulations have been put in place to regulate ICOs.
At the rate of which scam is increasing in the crypto world, a regulation would be of great importance. Can't let scammers ruin cryptocurrency for the the world.

I won't give up simply because the key to success is never ever giving up. I understand the problem at times might look bigger than you can solve, you shouldn't still quit, by quitting it doesn't make the process faster. Success is not achieved over night, most of the great people we look up to as mentors, were once at the bottom like us, they only made it to the top because they didn't quit.
The crypto market is facing a lot of ups and down with relation to price, all this issues won't last forever, keep going, there is always light at the end of the tunnel, but some tunnel seem to longer than others.

The chances of ICO survival right now is low, since the existence of IEO. Scammers leveraged heavily on ICOs and as such, ICO was saturated with a lot of scam projects. Millions of dollars were lost by investors as a lot of scam projects, on the outside looked like real project. It was really difficult to differentiate between a scam ICO and a real project. Scammers are surely going to go after IEOs, but before they do, appropriate security measure should be put in place so IEO won't follow the same trend ICO did.

Crypto currency is a way to make money, it is quite unfortunate that scammers took advantage of the crypto innovation to rip people off their hard earned money. Lot of people because of the fear of being scammed have refused to adopt the innovation. The cryptocurrency world has been polluted with scam every where, until some regulations are put in place. Crypto currency would be perceived as scam to majority.

Making bounties your means of livelihood is suicidal. You will starve really hard. Not all bounties pay out valuable returns, as some bounties even turn out to be scam and you don't get a penny for the effort you put in. Making bounties a side hustle you do in your free time is quite okay, as you already have a main job, rewards from bounties can add up to foot some bills.

Confirming Twitter Application #454

Yeah, gradually ICOs are dead, with the switching on to IEO. Due to the high level of scam associated with ICOs where they set up fake team members and unrealistic projects, it caused investors and the general public to loose the credibility of ICO projects. Everyone is turning to IEO, with this alternative already in place. The chances of ICOs gaining acceptability as it were before is slim and may be unrealistic.

Well, hell yeah. Wallet hacking is very a 110% possible. Most times, it occurs as a result of carelessness, sending your private key or logging on on phishing sites. Do not trust any one when it comes to the safety of your funds. You need to be very careful. I was once a victim and believe me , it was devastating at first but with time I got over it and moved on. Stay off phishing sites and don't give your private key to anyone, that will reduce the risk of you been hacked.

Personally, I feel when you want to become a pro at something, the only way to go about that is practising the same thing everyday. That way you will become a pro at it. Duration of achieving expertise in a field is dependent on how fast you can learn. We all have a different learning rate, while it might take some people 2 years , it might take other 3-4 years becoming a pro at the same thing. The goal is to achieve success irrespective of how long it takes.

It's as expected that scammers will go after IEOs after they have made a fortune from ICO. be on the look out, because very soon they will go hard on exchanges. Also, they may go about creating fake exchanges as they did with ICOs. Only renowned exchanges should be trusted. Hopefully no one will fall a victim. Scammers are every where and are always thinking of new ways to keep making money.

Death penalty for scammers, I feel it kind of too extreme, death penalty are used for extreme cases like murder cases. A serious punishment should be attached to scamming, such that it scares people off from scamming. Punishment should be equivalent to the crime committed. Scammers have really destroyed a lot of people by scamming them of their money. They shouldn't go unpunished.

Cryptocurrency has come to stay. It is better you adopt the system and get ahead of your peers. Few years from now, you will wish you already did, by then it will be too saturated. So, put on your thinking cap and picture 5-10 years, what innovation do you see come through to substitute FIAT. Don't wait until that time comes, be proactive.