When i search i found ICO projects with very good rating, this rating posted buy ICO rating websites, how this rating works, websites did not mention about the factors use to rate this projects.
I think everyone should stop relying on those so called ICO rating website they are just a bunch of paid people a faked so called experts. I remember when i was participating in one of the ICO in 2018 the rating was very good and the remark was being done the KYC of its team member, but suddenly it will become an exit scam ICO after they are collecting the large sum of money. thats why i dont believe those so called ICO rating website anymore. if you want to invest in any project participate instead in IEO it has no guarantee of big profit atleast our funds are safe since the exchange itself was act like a escrow. but just make sure you choose the right exchange. |
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So far this year , a lot of scams have occurred in the crypto sphere ranging from projects scamming investors and as well as projects not paying hunters for their works.
What do you think can be done to counter this ill manner behaviors that has been painting cryptocurency bad?
I think theres no way to pre-empt that problem for now it was still rely on the personal knowledge of individual investors or even bounty hunters. Since regulation is not yet present, the better to do is move on and keep working to other option, im sure that still some are worth to invest. If we dont move on i think its bad for our health since it can cause a stress that might resulting in illness. so move one and ride with flow! |
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What you think more profit, participate in IEO or wait after IEO and buy the token from exchanges?
There was no guaranteed profit in both method either you buy in the IEO or buy the token/coin after it was listed, It was my personal experience lately. But some exchange that offered the IEO on its launchpad might still profitable but not for so long, since the token price was fast declining hours after it was listed so i might say that its not a good idea to buy after it was listed maybe you just wait a little bit to reach its price to the near bottom of that trading day. |
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Altcoin can no longer be trusted as a future token like 2017, now many altcoins are dead and many are left by investors in the long term altcoin will die quickly but there are also many new altcoins with new ideas, and indeed when tokens are discarded the token cannot rise again.
For that reason i beg to disagree! As i know that some other altcoins are still productive till today. busy of fulfilling its usecase and function, avoid comparing 2017 since that time it was only driven by hype and media frenzy most of investors that jump on the bandwagon is just because of FOMO and end up nothing but losses. But we cant deny the fact that most of the new alts today are just milking cow by those fraudulent developers thats why keep vigilant always. |
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Coinmarketcap has recently published a page where they track the interest rates from various cryptocurrencies on different platforms. The highest Bitcoin APR is now 6.20% at BlockFi. Looks like BNB and stable coins have even 10% APRs. I wonder what are these platforms doing with your crypto to offer such high interest rates..
My question to the community is how much you trust these platforms to hold your crypto safe and don't scam away? Is the 4-6% annual interest rate worth the risk for you?
IMHO 4-6% annual interest is not that big but quite attractive if i have a chance to stake my crypto with that said interest rates, i'll do it. but in one condition! its about the security of the said platform who offered that interest, no matter how attractive those offer still the more important question is are they safe and honest enough to gain my trust. after all that i have been true in crypto investment i already learn my lesson. stay vigilant as always. |
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Most of us have been through this sad phase of life wherein we have wasted our precious time spanning to months on scam projects wherein the either the project turns out to be a scam or else the developers refrain from distributing the tokens to the bounty hunters for first few months after launch and by the time we receive it the value of token is negligible. Should bounty hunters boycott the ICO's and look for alternatives?
Well in that case bounty hunters has nothing to do about it! At first before we join in any ICO and IEO bounties "Terms and Condition" applied including some of the worst condition that it can change the Terms that "written" including the "Rules" anytime they want, So if we agree with that since the very begginning of the campaign Then we have no reason to confront them. Thats because in the very beginning the "Terms and Condition" applied was very disadvantegous to us, So why we still join. that makes it our own fault, thats why for me Boycotting the ICO and IEO is not needed since its our own fault and we are not force to join in any campaign. its our decision ,to lets accept it if we need those campaign. But it was limited to those legitimate ICO's and IEO for those shady ICO's and IEO its should be the right thing to do just Boycott. |
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I am using Trust Waklet on my handphone. Basically it stores all my coins. But I wonder is it safe? What if my phone crash. What if I buy a new phone and need to transfer the wallet over? Is there any best practices for Trust Wallet. This is basically my entire fortune and I am trying to be as safe as possible
I think Trust wallet is safe, im using it since 2018 until now im not encountered any problems so far its good, the best thing that you can do regarding your doubt is make sure that your keys or phrases that serve your Trust wallet security intact must be in secure place and dont share it to anybody. in case that you need to change your smartphone just import your previous data through your Trust wallet recovery phrase. |
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For Bounty Hunters
Even if i advice you not to give up on doing researches on every proje ts before promoting them this doesn't mean they wont scam you or waste your precious time BUT still the only question you need to ask is, Are there bounties that pays hunter good rewards this year? YES they are very few and good projects take time, Do not expect good projects every months cos its impossible
For Investors
ICO and STO are no go side, stay away from them because they are almost all red flags, IEO is here for you and all you have to do is go to binance for any new upcoming IEO fund raising, you will get positive results
For the first advice i agree with you, But on the second i think you are just over confident about it. remember that no IEO has 100 percent guaranteed that it will be successful, Im just try to tell my story the IEO called Moonbase on Coinbene! previous Moonbase event was very succesfull and indeed it was X3 of my investment, But lately i participated another Moonbase event suddenly it went wrong,it was almost an hour the token price was already dump. till today. and im loss already. this is a clear warning that not everything you believe will be turn into reality even it was on Binance. thats why do some precautionary measures. |
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There is nothing more appealing to a crypto enthusiast than an environment suitable for holding or trading cryptocurrencies, In my opinion here are the 5 most crypto-friendly countries. In your opinion, which countries are crypto friendly? Please list...
Looking at your list of the top 5 most crypto-friendly countries, if I were to start my own cryptocurrency-related business I would go for Malta or Bermuda as definitely these places are tax haven and known for protecting their locators away from the onerous regulations and burdensome policies. Japan is definitely the top big country when it comes to accepting Bitcoin but it also has one of the most regulated environment so doing business there can be a difficult one. Same with the USA where SEC has become so powerful and can be a big pain the ass if one is not careful. In the list, I would like to add some European small countries/territories like Liechtenstein, Estonia Slovenia, Gibraltar and Lithuania. In Asia, we can add North Korea, Thailand and the Philippines to be viable places to do crypto business. These countries are attracting many fintech locators as they are offering many perks and benefits other countries are not doing. There seems to be a good competition with these countries and that is actually good. As they are saying: "The more, the merrier..." Yeah thats true my country Philippines was creating a Crypto Valley of Asia (CVA) up north in the "Cagayan Ecozone" It was an eight hectares of land that was set aside for that ultimate purpose. According to the CEZA a government own agency manage the ecozone, Philipines has attract more locators because of its crypto-friendly regulations, and approach. aside from that development Our country was already adopting fintech development, all in one app wallet, there you can buy crypto paid your bills (utility bills) beep card gaming credits, money transfer, banking ,shopping etc. and it help millions to save time. |
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Before now, I have always been getting it wrong about cryptocurrency. A friend recently opened my eyes to see how I could have increase little coins I have to fortune overtime by day-trading. But I am no that type. I had always thought I could only make fortune in crypto by hodling a certain coin for long.
13 months ago, I bought SNTR worth about $100 hoping that in few months I'll wallow in milliions of dollars like Ian Balina , but the reverse is often the case in the subsequent ones I bought. Sad fact, $100 worth of SNTR 13 months ago now less than $2.
Recently, I watched several videos of how to analyse a coin or token to invest in, gained some good knowledge of the basics. I discovered day-trading tokens like DX token and Atomic wallet (AWC) could have actually make me what I hope to be If i had the right information. But its never too late. Yet, I am drowned in mentality that hodling for long can only be the fortune I hope for. Reason I need help.
I think youre not the one who experience that very unfortunate incident a kind of failure that should never happen again. In the 2018 bearished period most of my holdings are decreased in value by almost half, thats why out of my panic state of mind, i was sell all of it with just 50% of its original price value, im was hoping that i will save some of my money, and luckily my instinct was true the price of those coins/token was dip further. in the following month, thats why im always consider my personal experience before doing any decision. Hodling and trading are both risky so we better take a precautionary measures for our own good! |
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1. Check the overall contents of the project such as a team, road map, white paper, etc.
2. Check various features offered by the project such as privacy coins or decentralized coins.
3. Check how valuable the coins are or compare with other more popular coins. if the coins have potential, of course have a multi-professional team & the volume of coins always increases.
4. To be honest, the best coins to invest are the top coins or have been listed in the top 10 at CMC.
5. I suggest you invest in established coins rather than looking for very young and newly planted coins to invest.
I say this because I personally don't have a high risk appetite, so it's better to invest safely ..
how about you guys?
Investing in cryptocurrency is like a gambling sessions sometimes you win sometimes you loss, no matter how you good in identifying quality and potential projects, Sometimes shits happen! todays trend on new projects was the worst compare to previous years. thats why even if you properly follow those procedures listed above you cant be sure in the outcome after you invest in any projects. |
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I think most Airdrops are scam only 0.1 percent is legit estimates* sometimes they just use by some people to create their own social media channels and gain followers and subscribers literally its just a waste of time so dont fall for it, usually people are just easy to join airdrops because its free. BTW thanks to your thread it should be updated more list of scam and faked airdrops.
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Most cryptocurrency in your list are already experienced a price boom during the 2017 bullrun exept "THETA" so i think they are not going to be a sleeping giant in 2020, While Binance coin (BNB) is already a giant even before 2020 has not yet came, while others are still struggling to survive in the harsh and unfriendly cryptocurrency environment ADA, DGB,MANA and THETA are experiencing nowadays with downtrend of prices as we all know in crypto its very hard to keep the price competitive for a longterm Well 2020 is nearing so let us wait.
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I feel cheated ... but the fact that every project that promises or claims tokens will eventually increase at a very high price is just nonsense ...
in a statement on the road map they promised to use project funds for further product development, but they were only trying to take advantage of the investors' black money ...
what they have to do is develop their product further, not just start doing it or say all the sweet promises ...
maybe it's one of the things they have to reconsider, if their project wants to be successful and the project product can be sold out in the market ...
I hope I'm not mistaken about this.
Cryptocurrency hypes are over so dont expect much, in the following years to come, Investing in any options like (stocks, cryptocurrency etc. has no guarantee to earn thats why do it at your own risk, and if you already know all of these it means that you accept those sad truth. or even the harsh reality that you mentioned. |
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IEOs has certainly become the order of the day for new start up in cryptocurrency. replacing the traditional ICO which was a means of raising funds for new crypto projects. As we all Know, IEOs are been conducted on Exchanges which was a means to guaranteed investors that they have a platform to exchange( buy/sell) their token and as well a trust and accountabilty in the crypto ecosystem.
Currently there are Exchanges that are not deem FIT To conduct these exchanges because:
1: 90% of the projects the marketed failed to reach softcap.
2; most projects been marketed are still Scam and have nothing to offer.
3; they never review any of these project but rather charge fees for IEO listing.( once, you make your payment, you are allow to conduct your sales on their platform) a sure way of damaging their reputation.
4: they list multiple projects at once making it difficult for investors to make their own review and choose a quality project.
I know of LATOKEN exchange as Number one in this category.
Please drop yours if you have any.
In my own opinion just invest IEO's on a trusted exchange so that you can be sure of your funds safety, But always remember that investing in cryptocurrency is risky its like a gamble since you are only speculating on that particular coin/token that you bought from either IEO's or ICO's after it was traded maybe you can earn out of it or lose. |
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Binance Coin (BNB) is another coin, and it will not became the next Bitcoin, why we should put in that context, BNB has its own characteristics, usecase and utilization. while Bitcoin as the pioneering cryptocurrency has already gain trust from many investors thats why it has already a solid fundamentals to call it king of the cryprocurrency. BNB and Bitcoin is different so we must look at it in that way.
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I am really curious about this question. To be clear, if there would be an opportunity to sell your tokens and make x5 right here and right now in exchange for promise to never invest in crypto again. How many people are ready to sell their tokens/coins at the moment and never come back?
Thats was a confusing question to answer because thats why im here in these industry in one ultimate reason to earn for the betterment of my financial capability and if i answer that question directly base on my stand x5 profit was already high enough and my answer is YES i would sell my portfolio but frankly i wouldnt leave in these space. |
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