Someone close lost his bitcoin to some scammers who posed as an ICO project admin.
We have the wallet address but there's no way on planet earth to trace the fraudster offline.
Don't you think its high time , this is looked into.
There needs to be a way of linking account owners to their offline address .
This would mitigate in no small measure the prevalence of frauds.
Alerts are often discussed in this section, and we have told you to analyze the ICO project before you choose it, because there are many ICO scams at this time but you choose not to listen and give in to your greed. If you have been hit by an ICO scam and you lost your money, it is very difficult to find the address of the scam ICO manager. |
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I have 3000$ , whats your opinions to invest ?
my option is wait for august end and invest on ziliqa
That is a very cheap coin and has the potential to give you huge profits if the price goes up, but the risk of losing is very high, I am afraid it is shitcoin, you better invest in proven coins like BTC, ETH, or EOS. I think it's safer and has the potential to give you profit. |
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Nowadays people tend to buy Bitcoin even though they don't understand cryptocurrency even they don't want to learn it first. And now People are panicking because the price continues to decline without special reason. Don't focus on prices, focus on technology.
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The current market corrections are making a better investor, well weeding out the panicky investors that do not do their research. The hype balloon has been pretty deflated lately, making it easier to find legitimate projects to come to the surface. To top it off i don't have to read "when moon! when lambo!" every time i open discord or telegram. I think those are huge benefits.
When you have deep knowledge about crypto and are able to read the market well, you can make a profit in any situation, especially when the market crashes actually this is an opportunity for you to be able to make more money than when everything goes up. |
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If I spread the word bitcoin it would be difficult to explain to people who are not interested in Bitcoin, it would be different if someone asked me with high curiosity, it would be easier to accept, no trouble.
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what happened until the movement continued to fall deeper? all panic saw it, many thought this was the end of crypto, try something that could make this atmosphere calm
For beginners who have just invested in Crypto without enough understanding about crypto, this decline for them is doomsday, but not so with people who understand crypto and crypto history, this phase is normal because crypto fluctuates. now you can see good changes in the market. We see that the capitalization of many coins is normal. And there are clear prospects for the future. |
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I dont really get you guy's whenever you encounter situation like this you panic because the price goes down. If you really trust this technology why are you losing your hope everytime there is a small storm coming on bitcoin? Panicking makes you blind on what you really need to do, Instead of investing more because it is a good opportunity to buy you are selling your bitcoin's and taking your loss.  This is what those whales really want to happen wait for the price dump and take that opportunity to invest more while you are selling your bitcoin on cheaper prices. I hope this post will enlighten your mind.  One of the ways that I usually apply is to only invest the money I can release it, so when there is a decline like this, I am still calm, and not provoked to do panic sales, because I already know this is the risk of investing, so far I have not lost money from investing in Bitcoin and Etheurem because usually after a great decline there is always a significant increase, that's where I usually sell my Bitcoin and Ethereum. |
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Even though bitcoin hasn't experienced a significant increase and sometimes you check the price is always red, don't panic and stay calm in dealing with this situation, be patient and hold it for a while, and if you have enough money, you buy more bitcoin and hold until the bull market returns.
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Nowadays people complain about their account being hacked
We need experts here to give us some tips on how a wallet can be secured from being hacked
Your submissions will be welcome
Cheers!
If you use mew you should get a hardware wallet like the Ledger Nano S. or use Metamask to be safe. but only I recommend a hardware wallet. Another thing is do not store your personal address or password in email, internet, or any cloud storage. because it can be hacked. then your details will leak. |
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Everyday, we are seeing new crypto currency exchanges start working. So many platform has already opened. But Is that OK? I think volumes are seperating. How this effect prices?
You should be careful because new exchanges can make a scam when their wallet is full of their users' money. Based on my experience usually new exchanges usually do not have a large daily volume, because they do not have many users. So that it will not affect the crypto price too much. |
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The past week, as I've been looking to invest in recently finished ICOs since most of their prices are way below ICO price, I noticed the same thing mentioned over and over in their telegram channels.
People screaming: HODL!!! It will moon someday!!!!
Another one that is common: When BINANCE!?!?! If only we were on Binance!!!
This makes me laugh inside. Crypto is not a magical place where all coins will eventually rise in value if you just hold on to them.
Most ICOs did very poorly the last 3 months. The ones that did the worst were the ones that started in January
Now, a lot of these startups are underfunded and could only list in low volume exchanges and seeing their prices crash to ridiculously low prices.
And everyone is crying on their Telegram.
Listen very closely yo: The price will never rise if everyone HODls!
Prices are boosted through supply and demand and if a vast majority of people who own the coin are not trading it, than you are severely cutting in to that chain.
Instead of Hodling, you should be buying and making strategic trade choices.
It depends on the coins you hold, I usually choose to hold them off no matter how to pump and dispose of what happens along the way whether the crypto market is in crisis or recovering. When you throw your coins too fast, you will never have the opportunity to get more and higher. |
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We may feel disappointed about the market now but it's quite normal for me because of the manipulators, but I will remain optimistic about the future of Bitcoin as long as people still buy bitcoin. Bull market will come and bitcoin will grow on its own. Don't just stop easily because the best bitcoin prices haven't arrived yet, be patient and focus on your goals in life.
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Direct sell tokens at the current price if the project you are following is rubbish. because this market is not suitable for weak projects, and you will find that it will suffer from BTC in the long run, especially because BTC dominance remains stable above 50%. However, if the price has been discarded to a ridiculous level, then it might be best to drive this wave until it recovers slightly.
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I think mining costs will adjust according to the current price of bitcoin, when the price rises that happens is there will be more people who want to mine which makes the difficulty increase. Conversely, if prices continue to fall, many miners will stop mining, difficulties will come down and the cost for me will also decrease.
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Pls what are the best way to detect fake ico and fake project... We can't continue working to promote them and later discovered that it is bounch of fake... We really need tools to detect fake ico
There are no tools available to find out fake ICOs, but all projects provide whitepapers so that we can read them carefully, and the best way to get rid of fake projects is to concentrate on famous manager projects. |
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For 2 months, market is not consistent. In the past, I have seen worse but the market bounced back well. The current scenario is so weird for me. Almost all the currencies, I have been holding has fallen to where it was when I bought. Can the market ever be back? Im a part time miner by the way.
It is very difficult to read their scenario because they intelligently play with our emotions to make panic sales, this has happened before. I think the market will definitely rise again, but it will take time. The current situation will continue in the next few months and then the market will pump again. |
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The continuous decline in Bitcoin prices may make investors very nervous and many people have lost confidence in Bitcoin as well as crypto.
This is a very normal psychology and nothing strange in life, in any field, there are two emotional state is governed by FEAR and GREED.
Especially in the financial market, not just the crypto market, when prices are rising, people often feel GREED, focusing only on positive trends and never thinking about trends. Negative, when the price goes down, then the person feels FEAR, then focus only on the negative trend and never thought that everything would be positive again.
Talk about this for people to imagine that believing in a current trend is only relative and timed, so look at the market trend with an objective eye (out-of-game) so that If not, then it will not be absorbed in the psychological game of the market. Finance is a game of psychology!
What do you think about this?
New investors who have experience and low knowledge about crypto will feel that FEAR sees the decline happening at the moment, but investors are actually not nervous just because the price of crypto has fallen this year, they believe that this is only temporary, and prices will rise again because this is crypto market fluctuations. |
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Looking at the investments I made in altcoins this time last year they are now at less than half the price.
So the investor lost faith, doesn't think this technology in a coin is worth as much as he was made to believe (surprise surprise).
You may say that It's because it follows bitcoin, but say you need to stop dreaming and come back to reality because BTC is still nearly double the price it was this time last year.
But are we at the bottom? Is the price now the REAL price of an altcoin.
There are many possibilities for crypto to go down more than this time. crypto will never be stable because crypto is market fluctuations, whose prices are determined by market demand. but there are many scenarios in crypto. You must remember that so many people are shortening crypto, manipulating the market and more. which makes crypto more difficult to predict. |
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I don't have a favorite coin, but I hold Bitcoin and Ethereum because last year these 2 coins gave me big profits and now I also buy EOS coins because these coins have characters like Ethereum, the reason I hold these 3 coins is because I believe they will grow faster in the future.
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I think people getting wise to Tether is just about to explode. Probably 50% reduction in all cryptos in the next two days. Mark my words.
I hope that is the last last correction event even for this year and we continue to trade and invest in the future. After this I called the final correction I think some altcoins disappeared and did not survive this terrible event, so fortunately most of my coins survived, especially Bitcoin. |
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