Pi mining has started for some time and it has been making noise for some time until it is officially launched nobody can authoritatively say this is how it will pan out, I know a large number of people that have mined it and are still mining it, I see the token is trading around $20 per token, and there are billions of these tokens in circulation, I don't know where the people behind the project is going to find money to pump the token and I have seen any big exchange mentioned they want to list it on their exchange if this trade at $1 some people will be made for life but I will dump mine at the earliest possible time available
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The best thing to do in the bull market is to hold and take profit along the way as the price pumps but this is difficult to do in practice because we want to chase every shining and every pump in the space. I don't advise you to just hold blindly, some people just hold thinking their tokens will continue to pump but those that pump and dump and left, so try to take profit along the way.
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I know people do call out all these centralized exchanges because of their shortcoming but people forget that they are the ones that carried this space so far, the contribution of exchanges like Bitfinex, Coinbase, Binance and Bittrex that just declared bankruptcy. There is no Decentralised exchange that can replace CEX for now, how do you think the fiat enters this space? We just need to hold them to high standard and continue to call them out if we suspect any red flags.
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I believe this is the beginning of the end for Cardano, it just doesn't work, it is not just Cardano even all its ecosystems, I remember Ardana is one of the most hyped exchanges on the blockchain it is more or less a dead project now and there are many like this, just like project like Prime coin and prime coin died natural death, I believe people won't be foolish enough to still continue to bag holding these tokens, this bull run we need new working tokens to displaced all the overvalued tokens that have failed to deliver any substance
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The issue now is that these so-called DEFI apps are the ones doing the bidding of the Centralised governments, Uniswap and MetaMask are pure evil and I am surprised that people are not turning against them, things have really changed in this space maybe people have made money and are comfortable with this, so, if you decided to withhold my funds but you claim you are a DEX then this is crazy since they started monitoring people's transaction and I believe they give this information to IRS or other government agencies, we need a truly decentralized wallet that is not tracking you
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To most people Crypto is just a means to make a living, 99% of people that got involved in Crypto don't know how to analyze a project so advising them to do due diligence before investing in a coin or tokens is a waste of time, what I advise people to do is play the herb. To make money in this space you need to follow the herb, what is the next thing the market is going to start shilling, just look at the crazy Memecoin movement we just had, Pepe hit more than $1 billion Market-cap within days, what analysis will tell you to invest in a Memes
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I don't think you are clear with your message but from what I can deduce from the replies it is about the team not paying bounty hunters after the campaign, the truth is that some of these developers are crazy, if you go to their Telegram group to complain they will block you, if you tweet about them on the Twitter they don't care and just mute you. The way to protect oneself is to do background checks on the team and also on the bounty manager, some of these bounty managers are lax and won't fight or protect their hunters from being scam
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You don't understand what FOMO means. In terms of investing, FOMO can strike when there is a big rally or investment strategy that the news or other traders are talking about. It means that you are feeling anxious because others are making money on an investment's price movement and you are not. But the desire to be part of the bandwagon and make money off the trading strategy and news that others are profiting from could make you enter a position before properly analyzing it to determine if it is a good investment. FOMO is a bad thing, it can happen to anyone whether you are a professional, institutional, or retail trader because of greed
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I don't think anyone needs to be surprised, just like Brazil Fan token dumped 60% after losing to Croatia so is Argentina, go and look at the Argentina Fan token after the world cup final, the token was $9 and now it is less than $1, that is more than 90% dump. I expect all these club fan tokens too to start dumping after the football season ends then start picking up close to the opening of the new season in August. If you play this well there is money to be made
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The issue about all these paid signal groups is that you will find out they don't actually trade themselves but either shilled their referrers or make you their exit strategy, people need to understand that it is very difficult to make money trading because it is zero-sum gaming don't buy into all these lousy influencers online shilling their profit, have you ever see them post their loss, No. The best strategy in the space is to buy low and sell high, anyone that buys now is surely going to make money just give it time.
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Litecoin developers really missed the opportunity to show the world what its truly capable of achieving, just look at what the ordinal team has been able to achieve on Bitcoin and its progress, it should have at least positioned itself in this direction since almost no one is using it, whether people like it or not these tokens will keep coming, Rootstock and Stack's team have tried it and people won't stop until they find a working solution that people will adopt. The halving will come and go followed by some pump and then dump but the Litecoin team needs to give more and stop hiding under the assumption that it is Silver to Bitcoin Gold
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I think it is a slap on Bitcoin to be comparing it with XRP, there is nothing to compare between the two, I know people are free to put their money in anything they think will give them good ROI and XRP has been a good investment for some but just imagine that Satoshi holds almost 90% of the Bitcoin and keeps dumping it on the market at will, soon the XRP holds but the XRP team will be dumped again on the market so how is this going to touch $5, I might be wrong forgive me but XRP should only be compares to all these Sam's tokens nothing else
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I don't think anyone needs to be surprised when the cost of production increases and there is weak demand from consumers, this is bound to happen, this is not supposed to happen but people have been brainwashed overtime to believe everything the media and the government tell them, and they will keep voting for these people that are bent on destroying their livelihood. More companies are going to fold up with time because if not for the free money from the government most would have been dead long ago, we now have more zombie companies than real ones
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I think all these stupid people need to be voted out of office and put the right set of people in power that have a good understanding of Crypto in office and are sympathetic towards our course, let's put crypto on ballot paper this time. Crypto has made a lot of people rich and it is time to start using this money to shape the policy, let's decide the future we want not all these corrupt people
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I don't know if there is an agenda from all these Governments all over the world to make and keep people poor. All this stupid inflation forced on people should not have been, there are countries in Europe that should have remained neutral about this whole war issue but decided to keep punishing their citizens for no reason, just look at the energy inflation in Europe, it is just crazy, the standard of living keeps dropping per day, the rich keep getting richer and the poor keep getting poorer
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It depends on what you spend your money on and how you spend it, if you spend money on useless and valueless things you would end on poorer, if you invest in yourself or invest in things that real investments, the money will come to you multiple fold, but what guys do spend money are ladies, friends, cars, alcohols etc
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I think Ripple is doing all it can do for itself to survive for long term by dancing to centralised entities but this was the initial issue people had with Ripple is that all it stands for was against what Bitcoin is, it is now enabling governments to launch their own CBDC after seeing how nations like China weaponised it.
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I think you are wrong, bounty hunters are not investors in any project, they are just marketing guys to promote the projects, the issue now is that it is becoming difficult to find solid projects that want to employ bounty hunters to help promotes their projects. Most good projects now are in demand and would have raised all they need from the seed and private investors before they got to the public. Another thing is that some projects that you spend time promoting won't pay on time when the price is high, some won't pay at all, and some won't be able to raise money and fail so the risk of being a bounty hunter is on the rise
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What we are seen now with these memes is the best way to transfer wealth from the Haves not to the Haves. I don't understand why someone with a portfolio of $100 is chasing these Memes the gas price alone would eat all your portfolio, if at all you want to buy into them use CEXes the problem with CEXes that list them is that they too want to dump on you, just look at Pepe on BInance. Just be careful
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Hi everyone i present you my coin the Flokipepe #FPP Help us to begin the new pepe coin. Together we can and we are very early today Address contract 0xc391365df94d279acced1dba23d3d9cf3d09d5ad
Can you send some to me, I won't mind free tokens. Joke aside what most people failed to realize is that creating a successful meme coin requires a lot of work, the guy that create Pepe tried more than once before he hit it big. The reasons people are creating these Memes is because they feel it is a get-rich-quick thing and it would attract new investors to dump on, good luck
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