Every crypto veteran is used of these kind of sudden price movements, but it still hurts a bit to witness it over and over again, I am not gonna lie. If you are here for the long run, you should learn how not to be phased when those fluctuations happen as this will relieve your stress levels and you will consequentially survive in this space for much longer.

So when proportions in the network are changing (f.e. due to price change on CEX and arbitrage traders or large orders directly on swaps) algo is changing price to compensate this. So if I get this correct fallowing scenario is possible on high volatile coins:

investment
1 ETH and 400 USDT (1 ETH is worth 400$ - total 800$)

ETH pumps x4 in short term ( lets say 4 weeks)

Balance:

0.25 ETH and 400 USDT (1 ETH is worth 1600$ - total 800$ + small profit from fees)

So if I evaluate my wallet in USD (i'm looking for USD gains) than i'm fine (but without LP i would have massive gains intead of few $ from fees) but if I'm a ETH hodler than i'm down 0.75 ETH that i wouldn't be if i just hodl my coins in wallet without engaging in liquidity pool.

Talking about dump instead of pump we get opposite situation.

This leads to the conclusion that liquidity provider is very exposed to price changes and is not as safe as it is presented to masses. Only low volatile pairs like USDT/DAI are safe, but you are exposed to USDT exit scam with whole your wallet (DAI will be dumped to USDT that will become worthless). So if any of 2 stable coins that you have will 0 whole your wallet will zero. That is extra risk that might not be worth taking for 10% annually that in most cases is the actual ROI.

Hijacking via the 51 percent attack on the blockchain is no joke. In fact it happened three times against the Ethereum Classic (ETC) blockchain on July 29 2020, August 1 2020, as well as August 6, 2020.

In the first attack, it was estimated that the perpetrator of the attack managed to double spend as much as 800 thousand ETC (equivalent to US $ 5.6 million). Meanwhile, the attack cost was equivalent to 17.5 BTC (US $ 204,000).

Reporting from Coindesk, Ethermine, Bitfly and Binance mining pools reported the reorganization. According to them all ETC withdrawal and deposit transactions have been suspended, because of the attack.

On Thursday, 6 August 2020, another attack occurred. The value is not yet known. However, with the US $ 23.44 block reward on Ethereum Classic, the attacker will likely have pocketed around US $ 93,760.

Who among us here have been victims of almost perfect Whitepaper?
Those sublimely well-written, full of excellent ideas and proposals that turned out to be a piece of crap!
Reading whitepaper is not enough to be a basis of investing in crypto because almost everyone can write whatever they want,
they even promise you the Moon and Stars.

So, be careful now in choosing ICOs, as much as possible look for projects that at least have initially implemented the products or services, if not the whole.

Do t know if they get success in long term but the coins like yfi, meme are giving huge returns if bought early ,try to find such coins till yield farming craze don't go away. You can easily make 1000% gains in such coins.

YFIay be not much huge upside possible now as it's already high but may be Meme can still go 10x from here

DYOR though. Also try to find best gems early in Uniswap to get those crazy gains.

Have you noticed whether all old cryptocurrencies went through ∧ shape in price?

Will all cryptocurrencies have gone thru this and let people make big profit?

It's seems many still don't know the importance of social media channels and telegram groups of the coins and tokens they own or promotes

Some hunters and investors lose vital informations like

1. Token swap
2. Smart contract swap
3. Bounty KYC
4. Bounty payout time and date

Many investors and bounty hunters makes this mistakes over and over and later they blame the project team. Just imagine the damages these can create.

Hi everyone,

I'm just wondering about people's opinions on how safe is Tether.to/USDT? In terms of putting largish amount of money in there ($10k+), what is the risk of the service going out of business, or not honoring withdrawals? I.e. what is the risk of another Mt Gox, Mintpal or Cryptsy incident on here?

I can see that it still says "Beta" on the main page, and that it's a Hong Kong outfit. Not sure what kind of financial regulation/overwatch they have over there when it comes to these things.

I guess other little warning bells are that they don't have an easily accessible support link on their user interface (you can however email support@tether.to), or at least I couldn't easily find it.

Is there a safer way (which is still easy and cheap) to park some USD while BTC is going through it's fluctuations?

Thanks

Hey, Guys! I developed NFT token with a custom feature.

And I was wondering is there any top 10 best bounty managers on BTT forum?

Could someone provide me your top 10, please!

Thanks.

Let's say I have a huge amount of money as an investor, where do I put them? Bitcoin or Gold

We all know that gold is known for its stability which could be vital in times of financial crisis; but doesn't exactly bring good return  WHILE Bitcoin on the other hand can be quite profitable  but it's risk of negative volatility can be catastrophic!


So which has your vote? Gold or Bitcoin!!!!

The last month I had another project and wasn't watching the space and it's only today I had time to really focus on it.  I figured I would buy into these high rising projects a little today even though chances are they are at their ATH.  Are you going to buy into these high rising defi coins now, such as UMA, Kusama, DIA, Ampleforth, Ren, Reserve Rights, and others?    Which ones do you think will go higher?

Just recently we are beginning to have some Twitter campaign giving hunters reward in btc in the service section. This is one sure way to take off this muster that seem like a cancer called bounty scam.

I'm believing that gradually, will may start seeing the inclusion of other social media signatures like Facebook, LinkedIn, medium, article, videos, blogs and many more, coming up in  both bounty section and service. I'm sure that hunters will prefer social media signature than the scam going on in the board.

I guess one reason that we are seeing that Twitter campaign is because of the audit which takes care of non real followers of an account. So if your Twitter account isn't made of real followers, you stand no chance of being selected. The audit is surely to check out accounts with fake followers and that is also good to stop scamming.

The ClipX project, another bounty, managed by the Bounty Detectives' team early today let down bounty hunters gently in what seems a soft exit by announcing that it would no longer continue with the project. The announcement was made here: https://t.me/clipXchannel/13

That was after it had cunningly collected KYC documents from hunters (even though that wasn't explicitly on the bounty thread). ClipX insisted it was going to be a passport document for KYC or nothing. It was really a suspicious move but anxious hunters neglected it. Why ask for only a passport for KYC and not any other document.

My advise to bounty hunters:
1. Don't participate in any bounty without escrowed rewards.
2. Don't be in a rush to participate in every bounty that comes up.
3. Follow only trusted Bounty Managers.
4. DYOR on any project and don't rely on BMs. Most of them don't even research a project before going into contract with project team.

Anyone else got any advice for bounty hunters, especially the noobs among them?