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honestly i am confused with your question, or maybe you mean about how to get btc?
First, you can take part in campaigns that pay participants using BTC coins but considering your rank is still a beginner and I think you don't meet the requirements for it.
if you have capital, you can buy btc and invest in it, btc is the best coin in this market.
other ways might be like mining, but need complete equipment to mine cryptoqurrency including btc.
and one more thing that you have to remember that investing in cryptoqurrency is very risky, so make sure all the consequences first before you join this industry.
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I believe in the power of demand, for a coin or token to be demanding the project must deliver the best rare ideas just like binance exchange do with bnb token, if there is no working product for a coin its a waste of time, i think this is the trick with new projects popping up these days, its time to start ignoring new projects that have no working products or use cases
functional or quality products in the market always attract market investment, as you have said above that BNB, one of the altcoins that has great potential for investment, has the top platform in the crypto market. on the other hand ethereum might be one of them, because ethereum has good products such as smart platforms on some of the current ico projects. |
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I have discarded some altcoins that are difficult to develop, to avoid prolonged losses, my advice is better you invest with altcoin that has good development and if you still have altcoin that is difficult to develop better to immediately sell it.
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If you are an investor who has been waiting a long time for a fall in the price of bitcoin I think now is a good time for you to buy at $ 7,500. but in contrast to investors who buy bitcoin at high prices may be quite worried about the current decline in bitcoin prices. but rest assured that bitcoin is a potentially large coin and bitcoin will soon be pumping again.
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Actually there is no right way to overcome the problem of scamers, but if you are shrewd and more thorough before joining any project you might be able to avoid it yourself. what is important is that you do not promote unclear projects especially with non-transparent teams, inexperienced developers or products that cannot develop in the market. and if you see a suspicious project that's the red flag for you.
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Are you already making a profit by investing in ico potential? I think most of the current ico projects have failed and even ended in fraud, so for me to cover losses by reinvesting in Ico is not a good choice, maybe next time .. I personally cover losses by trading every day on large exchanges like binance and with some coins like BTC, ltc and bnb.
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in most cases such as new coins or tokens generated from new projects do not have good hopes for future investments, well maybe not everything is like that but the reality is like that. honestly in 2018 I have stopped investing in projects and with new coins, I prefer the second option by investing in coins that are already trusted or included in the top 10 in CMC.
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It seems that hope from last year did not bring good results this year, I mean I want to throw away some old altcoin to exchange it for BTC, but the market does not support me and keeps me holding until the market situation improves again. but if there is a good opportunity the next day I will immediately sell and then convert some of my altcoin bags to btc.
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I cannot briefly assume, if a project is managed by a legendary member. but it all depends on how the project itself is, not with legendary members. but if the legendary member is trusted, has a good reputation in previous experience and the project they manage is in my opinion worthy of following then I will follow it. and vice versa.
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The world of cryptoqurrency is very anonymous and this anonymity is not only in forums, communities, transactions, projects, and even the faces of developers & teams. so, there is no really appropriate way to identify them, including identifying through video calls. it is not entirely a guarantee if they are valid. so follow your heart & it's important you make sure that they are the team responsible for some of their previous experiences.
Yes we can guage them by their previous projects and other factors like qualifications and other details like their real life portfolio by doing more research as we cannot just go by what they mention in their ICO page and yes if they want to gain more investment and if they are genuine then they have to come out of the anonymity and reveal themselves. what you say is true, there is no sure way to identify a transparent project team and some other factors may only exist in us in determining projects that are worth following and not spending all of our money on a project. I see the project through the background of the team's experience and not just the appearance of the project whitepapper. |
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very wise of every word you say, but I also admit that there is no right way to fight scamers. Scamers are the biggest problem in the crypto industry like most cases of project fraud, a valid team and experienced developers, big bonuses, and quality products. all that is not a guarantee of the success of a project and in fact it is a form of strategy to attract market investment.
but I don't think regulation is a bad idea, but who will regulate it? is it the president or the government? As far as I know many countries are not ready to accept the presence of crypto and some even oppose this industry!
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I always allocate 10 percent of my deposit for investments in high-risk coins, and as a rule, such coins bring very big profits. you can not refuse completely investment in new projects
in conditions like now it is really needed by investors who have considerable confidence like you and it is very true what you convey if with a very large risk of course if we get profits will also be great too and it has become a principle in investing with currencies crypto and clever in taking advantage of every opportunity we will get yes that's not a bad idea, because I also experienced it like some of the strategies you have said. because at risk sometimes beneficial and vice versa. but an important point if you take risky steps, be sure not to use your money in one place,do it with several places too and be ready to accept the risk. |
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never invest your money in the wrong place or as easily as when you sell investments at high prices. Scamers are always everywhere & they are like crocodiles waiting for their prey.
1. regulations are not the golden bullet to fight scamers and scamers cannot be eliminated, they are corrupt criminals, they are the biggest problem in the cryptoqurrency industry.
2. KYC The bounty hunter
#. can at least reduce cheating or multi-accounts.
The KYC team & developers
#. can at least reduce a few% of the number of fraud projects, this symbolizes a good project if their team is solid, transparent and responsible.
3. many new companies run their own programs but generate a lot of scams and junk tokens. and I hate saying allocation cuts when sales end successfully.
4. A quality product is no longer a guarantee of the success of a project, and even good marketing does not mean that it can attract market investment. or maybe this is all influenced by a market situation that is still weak.
and the last point ... I see many famous prize managers engrossed in money, they forget when they get public trust when they first manage a project, they have now misused crypto as a ponzi scheme of getting rich, red trust has become a symbol of their account. I will not depend on the gift manager anymore. What do you think? a few points above the results of my observations so far.
KYC ain't freedom,i think its cool if there is no KYC since you aren't getting paid in FIAT or you want to withdraw to your bank account, making transactions from coins to coins shouldn't request KYC just like EZ365 project ceo stated, for bounties developers are the ones to decide not us yes but KYC is still a problem for prize hunters even though it is a necessity to get tokens that are listed on their exchanges. so in my opinion if KYC is needed only for projects that are truly valid or the team responsible. but in reality many projects do not pay participants even though they have completed KYC. |
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Yes it is true that there are many projects, but unfortunately this new project is just a fraud which is detrimental to many parties, including investors who are losing money, I think this has caused a lack of investors who trust the projects in crypto. overcome.
that's the freedom of crypto space, anyone can take positive and negative actions in crypto space. So don't be surprised if there are many cases of fraud about the current ico project, scamers are the biggest problem in crypto and there is no way to deal with it, Today many investors are starting to fear investing in projects again. |
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if your story is true, I think you have a good strategy by making short-term investments. but not all coins can generate thousands of dollars in a short time (yes ... it all depends on how smart your skills are & also the initial capital) but my advice is better to take both options in both short-term investments and also long-term investments.
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Most investors do not always focus on investing one coin, including I like to invest randomly. I mean investing with various old altcoins or new tokens that have been listed on the exchange. I believe that every choice I make is a form of investment to make a profit. I think all investors are like that.
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Actually there are a lot of project realities happening this year and even in 2018 one of the worst years of the ICO project and this still continues, so the conclusion that I will draw from your story is that you might be a prize hunter who has experienced the harsh reality of participating in the project. we are also the same as you have experienced the harsh reality about the project this year.
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These problems have long been known. As for multi-accounts, company managers must do their job correctly and well in order to weed out honest participants.
The main problem of the market is the difficulty in raising funds, price volatility due to high volatility, which does not allow new money to flow into the market.
Projects creating the next useless coins do not live long.
Yes the problem does exist, but the difficulty is created by the developers themselves in the sense that they do not have good product marketing for the market. I often see how teams who are not experts in their fields rush to develop products as soon as possible, even though the funds that have been collected have reached the specified stage and the second problem is registering coins in shady exchanges. |
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I think the market should get SEC's approval of Bitcoin ETF Fund. manipulative organizations will gradually flee and the market will operate most naturally. No more fluctuations from 20% - 30% in just a few days. I think that's a way to keep the market alive and survive.
4. In your opinion how to overcome the market situation so that it can be stable again?
I think the market should get SEC's approval of Bitcoin ETF Fund. manipulative organizations will gradually flee and the market will operate most naturally. No more fluctuations from 20% - 30% in just a few days. I think that's a way to keep the market alive and survive. if etf approved, we will see another problems.that's right that market manipulation will decrease alot but i am sure bitcoin and altcoin price will easily played by whales that previously as stock investors and trader.each news will have their own effect ,bad or positive news.on positive side market capitalization will growth massively.there are much fresh money come again, so we have no problem about liquidity again. yes but back to the same problem that there are still pros and cons related to ETF, to be honest I am also tired of waiting for this agreement from 2018 to 2019 many ETF delays. and I also agree if positive news is one alternative to grow the market situation to be good and it will have an impact on the adoption of the crypto market. |
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It all depends on how your skills are in this industry, I would not say that there are many gift hunters who are inexperienced or say randomly, they and you have different paths so what you have to do here doesn't depend on anyone, you itself must determine how to survive in this industry.
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