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Never used any of them except Systemkoin, and you forgot to add Bitphantom, bamboorelay, bitblinx, etc the list could go on and on
The level of trash-ness there is at the peak.
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A lot people argue about if it is better to hodl on the long term or the short term neglecting the most important thing.
The timing with which you have to hodl your tokens or investment is very important, to ensure you do not rekt.
For every token, there is a time to hodl, and time not too, figure out the timing before investment.
So tell me, how exactly does one know time to hodl a token? And how have you been figuring out yours? Do you wanna share? I really don't get it why people just throw motivational talks out of the space. |
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If u ask me, I'll say why I want to invest my money is because I want more money. Hello? Why else?
So I really think that shouldn't be the question any newbie should be asking themselves. I'd like to wanna gain knowledge, research, watch others, learn. Put greed aside and start small.
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This not first time DeFi is been hyped as its booming in the market right now. Remember mining coins did the same thing but gradually fades away, now dumped in exchange without any good backup. So when investing in DeFi projects, not all would be good, some already dumped in market. So be careful with the one you choose to invest in and do a proper research before investing into it.
That's the whole point, knowing which to invest in. But one can also say since DeFi is just a new development the possibilities of dumping soon is ruled out. So the earlier the better. Early bird, they say... |
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Wow, I was about to mention Injective protocol thinking you missed, but behold, I saw it.
Well, I really appreciate your taking out the time to do your research and share with us. I will check some of them out soonest.
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Personally, I dont leave my coins on exchanges anymore especially low-rated ones.
Currently, I have some coins stuck in some exchanges and I cant withdraw anymore.
But I feel the exchange is what matters, just dont keep your coins on any exchange, be sure its trusted one.
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I cant agree more with your points. The real deal is every real project out there wouldn't use the pandemic as an excuse except their team member is affected of which there should be a quick but not so immediate replacement. I feel every project that boldly come out to announce delay for reasons like COVID-19, doesn't have a functioning team and not worth my time
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DeFi for what is it is quite promising, but DeFi for what it is not is a no-no.
You gotta employ carefulness when deciding what DeFi project to join, trust crypto, this is gonna be the mask for the new scam.
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Say that to projects with good prospects, but all those other shit ones that get lost on the way while their value keeps depreciating, or maybe those that deviate to other new projects and leave you hanging, it's a no for me. I ain't wasting my time pointlessly
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Currently I'm here typing, lol.
Thing is, I am investing in my knowledge of cryptocurrency right now, I dont want to wake up to life from this lockdown with the same knowledge and level of understanding I had. So strictly, investment in knowledge
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The urge, zeal, greed to get rich quick. I really dont understand why people seem to believe that cryptocurrency is a get rich quick scheme. Yea, I know the events that occurred in 2017 could proof otherwise but that was that and no one knows if that's gonna happen again. The trick is, anyone or project that gives promises that are too good to be true, RUN!!!
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This story ain't funny bruh, I have had my heart broken many times I wont lie. The last time this happened, it wasnt even a genuine reason like we couldn't reach target, it was pure scam, the crap admin blocked everyone from posting on the group, deleted his account and shut down website.
To think that I woke up everyday with excitement of so called "future price".
CRAP!!!
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Is this really it? patience is not what you will always need in crypto space, sometimes patience will ruin you, the best strategy advice I can share is
1. Don't leave your coins in your wallet for years
2. Always watch out and take profits when your coins appreciate in value
Patience plays a little role. Yes, I've had few cases where my patience ruined me, but I've also had more cases where because I was patient, my returns were of more value. |
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As much as this sounds exciting, it's a mission impossible.
What's the profit for the team? As much as we bounty hunters demand some more value let's not forget the real essence which is success of the project.
Most projects cannot afford this.
This is not an argument. If they can't afford it why are they trying to advertise for free? In business if you can't afford something you don't. What would you say if your employer decided that he can't afford you so now you're going to work for free? Not for free, you are being paid in their coin, the only problem now is value and period for which this value increases. I know some projects have dealt with us badly that we try to adjust to safety, but let's not be selfish. That's why you are not supposed to jump on every bounty out there |
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Newbies are safer with top altcoin? Where is this coming from?
Is there anything like safe altcoin investment for newbies? Crypto ivestment is very risky and every beginner should be looking for knowledge first, even bitcoin is too volatile for some of the experienced and knowledged An altcoin topping today isn't a prerequisite for "safety".
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As much as this sounds exciting, it's a mission impossible.
What's the profit for the team? As much as we bounty hunters demand some more value let's not forget the real essence which is success of the project.
Most projects cannot afford this.
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@Krypitalbounty is up and doing, admins are quite active. I'm shocked you listed them here. But I looked down and saw your signature is actually the bounty they currently managing. Injective Protocol , now I'm confused, I have to read your write up again.
What I'm I missing here??
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Sad truth. What hurts most is during the bounty period the prices are on the high side, which is attractive and you put all you got as a bounty hunter but immediately after payment price dumps till it becomes valueless. Some you even have to wait for 6-12 months before you can get $10 out of it.
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