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Since its a new playing platform and there are a lot of similar platforms which is doing great, you should have a free trial option for trying your features. Also, your site taking longer to load than average sites, so I think optimization is essential.
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CMC is a platform for listing projects that have a minimum trade volume with more than one exchange listed. CMC does not do a job to verify projects authenticity. Much like an online platform where people can buy ads. Why do you think CMC put ads manually? It can happen that CMC manage all things automated, so anyone can place a banner on their site. I'm not advocating the CMC, but I just see it is only a listing site and people should not consider them as an investment idea.
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If this is the right time then I made a mistake by getting them in around 5 to 6 USD. How can I correct my mistake?
not only for BNB but for all good coins, it is never too late to enter the market cause it will rise anyway. Yah BNB has taken a good place for its trust, the largest exchange coin, so he deserves a good ranking, probably in the top 5?
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Never seen that one or two bounties were enough in a month, but the rewards were higher than now. But you have to understand that more and more people are joining in the crypto community, so the stakes are being split among them. So basically, the rewards are still relatively same, but the amount in each stakes decreasing rapidly. No need to work hard if you can choose good projects by well researching. Good luck.
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These are the primary advice for protecting digital assets, thanks for the golden idea. Hardware wallets could be expensive for many of us, in that case, I like any offline wallet like Paper (offline generated), Electrum (on a device that never connects to the internet). But I prefer memorizing a 24-word seed, that's the best way I feel safe. If anyone following my idea, make sure you never forget spelling and the order of the words.
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We should try to use Bitcoin instead of fiat every time we purchase things no matter how small it is. We need to teach our family and friends to use BTC and left the cash. This way we can do everything that fiat can get us, so that can be replaced. I know it will take time, but eventually, Bitcoin can be the major currency.
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The quicker anyone can learn crypto things including market analysis and project valuation, the faster he will become a pro. So the time to become a pro depends on the person who it is and how much effort he is giving. For me, I am trying to learn these things for more than two years and I'm still just a noob.
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Bitcoin has to go a long way in order to create a solid environment to replace the fiat system, but that is not likely to happen anytime soon. One major reason is security. It must be safe and secure for daily use. For mass uses, fiat banking is the only secure way to keep funds safe, but in cryptocurrencies, most people won't feel safe enough. In fact, they wouldn't be able to protect them. Here is an example: If the bank manager has your signature copy, can he steal your funds? No, it's impossible, no matter how small or big is the bank. Now, in Bitcoin system, can you trust any exchange owner to give your private keys where you hold all your funds?
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The bigger the exchange the better the success of a project in general. People feel secure when they see a coin listing in top exchanges like Binance, Bittrex or Huobi. Becasue many projects fail or leaves abandoned after making some money by trading small exchanges who usually lists free or for a small fee. Another reason is, top exchanges do audit a project before listing, so they shall be legit projects.
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I usually buy when a coin started going up and sale after a while. The key of success is not being greedy, I never wait for a huge profit, I sale as soon as possible so I have less risk compared if I choose to sale only in an ATH price. Depending on the coin, situation, and development I set my profit goal in percentage but limiting it in 10% to 30%. Waiting for 100% is not wise in my opinion.
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Of course, my BTC investment made me proud, even in the recent time. A few weeks back I purchased BTC in around 3300-3500, sold some at 4400 and 4600. I'm not a day trader, but when see BTC price down, I purchase it, cause I believe the price will rise and every time it did. So, I'm happy with BTC when goes green  |
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I usually try to take profits while prices reach higher than my expectation.
Here is an advice: Never fall in love with your coins, never forget to take profits. Make sure you know what is the "profit" means for you.
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I'm not going to borrow crypto unless I have a situation like "do or die". Becasue of the volatility, I fell the high risk of repaying a higher amount of crypto. But maybe I can consider if the conditions are made with fiat conversion but the transaction made in crypto.
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Keeping token as it is after receiving from a bounty depends on its price, the only thing I value is "never sell in cheap" regardless of how I got them. Some people think free airdrop money and fell comfort to trade for a few bucks. Here is what I do:
Transfer to a safe wallet, then set a price alert (if it's in exchange) and wait for my desire price.
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Voted for "Yes, I use"
I can't live a day without cash, that's how we live here somewhere in the world. We are far away from a cashless society, even a credit card won't work for our everyday use let alone cryptocurrency. But yes, if we don't look at expenses then we might use credit cards for everything we need but that's a 20% more expensive compared to cash use.
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Well, it depends on a different perspective. Don't only think about rich countries, think about 3rd world countries too. I know many places where people struggling to live, and there a $10 can bring them a weeks food which is a tough job to earn in those countries. So a free $10 airdrop (or bounty) could be very helpful even if they need a KYC.
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Congrats Hilux community. I'll check it out soon.
Well recently, many projects are creating multi-currency wallet which is a good sign, but I doubt about the security. Those wallets can have malware which may steal your passwords, private keys and eventually your valuable funds. So, when you use any multi-currency wallet, be cautious, stay safe.
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