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I'm sure a lot of people are now getting their profits back. although at some pumps some feel they are losing money if they wait patiently and stay in the market I'm sure now they are partying.
The $ 500 I put in at BNB now has brought me profits that have even exceeded the target I had in mind.
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Many altcoins have potential such as ada, polkadot eth and btc that know if longterm and the price is raised significantly so until now I still continue to accumulate these coins because I know if they are of great benefit to future and know if more altcoins are coming that will be trending like unicoin last year so good luck to those who took it from airdrops.
you can choose the DOT that many people are talking about. BNB, ETH, and ADA are also important assets to own. but if you want more focus you can choose one of the several that I mentioned. |
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if you support a good project. and from the start you have participated in their token investment, you should have a plan when you sell and buy.
measuring the best value would be difficult. because the ability of the market can be beyond the reason and predictions that we do. If you have made a large profit, I think you should choose to get out of your investment and switch to another asset. try your luck in other projects.
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do you mean compete in what way? between projects or pricing issues? If it is related to projects, of crouse there are many projects that have sprung up or paid participants in the form of BTC, and such projects are often followed by many bounty hunters, especially because of the guaranteed payment system in the form (BTC). but for the problem the price of Defi projects varies. Although Defi can now be said to be a new alternative for short-term investments, it is important to remember that DEFI is very risky. You need to be vigilant before investing in the hype Defi.
I thought to think of it as a competitor would be ridiculous. DeFi project won't match BTC. Indeed, currently, the DeFi project is popular and was born in several project concepts. but it's like an ICO project, when the scammers start coming it's at risk of being immediately abandoned by the community. |
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This is something that often happens when a scam will occur, they always want participants to pay for them so that they are stuck with a bounty or some kind of phishing that eventually money is wasted, this is worth studying before promoting so that the scam disappears from the forum, my advice for beginners must be careful heart as is often the case
There are a lot of tips we can get from this forum on how to avoid scam projects currently circulating on crypto forums, as you said, we can't completely avoid existing scam projects but at least we can avoid that by following the project that is handle by a trusted bounty manager because I am sure the bounty manager will do in-depth and thorough research before handling the project and get used to following projects that do have escrow in every bounty payment or bounty project that already has tokens /coins listed on the market. it was a wise choice. unfortunately I myself am not so sure about the big name of the bounty mananger. If you look at first, many bounty mananger names currently may not get a project or have even stopped promoting a project. From 2018 until the end of last year, I think the project scam cannot be handled seriously. |
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Bitcoin gold is unsuccessful hard fork of BTC. There were a lot of expectations, but happened as usually. Bitcoin Gold is not worth attention at all. Don't know why you are so excited with it. Better to invest in BTC, then in any of its forks.
indeed many people will say that bitcoin gold is not getting successful. but we never know in the future. remember bitcoin up to this point is not easy. took years to achieve and become very popular. I would not say Bitcoin gold is a failed asset. but if you choose to invest, choosing bitcoin would be better. |
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I heard that the Elon Musk buys a large amount of Doge coins, so that's what makes a lot of it follow the Doge movement, for short term trades or investments. just like Tesla who bought bitcoin with a value of 1.5 billion USD. that's what makes bitcoin so high.
that's what makes people follow Elon. It is only natural for a popular person like Elon to get a surprising market response. he was in the spotlight with his company's rocketing product. after many people talked about it he immediately showed his interest in crypto. it made a huge adoption from the market. |
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to be honest I almost participated in that project. but I still have doubts and added a prohibition from my friend not to get involved. I have never participated in an ICO, but I did two IEOs on binance. and both are profitable. I think I need to be more careful in analyzing new projects. maybe I won't even participate anymore.
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I believe that the peak of user activity in the cryptocurrency market occurred in 2016 and since then all users who have remained faithful to the cryptocurrency and all their assets have already gained some experience and can evaluate various projects, Analyzing the available information and the conditions imposed in order to prevent fraud and do not be deceived. Anyway, I hope so.
2016 there are not many projects. When compared to 2017, I saw so many new projects with the popularity of ICOs. the market is increasing and that is also the reason the scammers are getting bigger. 2018 to 2020 seems to be the year when the market is experiencing a decline in investor confidence. but mid-2020 is a good start when investment starts to pick up again. but I think scammers will continue to adapt. If people have been in this market and forum for a long time, I think they must know how the character and project is a scam. |
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Investing on a newly develop or underdevelop token/coin is very risky knowing for a fact that we don't know whether if it will be successful in the long run or just a scam coin so you better do your own research so you will not regret.
1 year minimum to be able to see the progress of a project. nowadays so many altcoins are scam less than 1 year in stay by the team. Don't waste money investing in the wrong project. I myself don't currently invest much in new altcoins. they are fundamentally less good for us to invest in in the long run. prefer the proven top altcoins that many people invest in You have a good choice of choosing the top market altcoins only for the long term. or some altcoins that are popular in the market, I think it will be more friendly for the long term. but for new altcoins it would be better to take advantage of the hype in the short term. it all does not mean the new project will not last long and end up being a scam. just to guard and reduce the risk. |
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to be honest I sell all the altcoins that already have a current price increase and prefer to hold the current stable assets. I avoid buying assets currently in investment. I have benefited from investing in altcoins like ETH and BNB. now I am waiting for the market to correct and do short day trade.
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It is really hard to say and to predict whether when will the market's bullish momentum stops however I can safely say that we are still in the midst of bull run knowing for a fact that the alt season is just getting started that gives me an idea that we will not experience bear market within the first two quarter of the year.
I hope it's like that. but altcoin season is not a guideline to see how the market will last long enough. Some minor corrections have happened to bitcoin and they are minor moves. I recommend not buying long-term assets first. it really is risky in a bull situation for long enough and ready to see a correction. |
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The first cryptocurrency was created by Satoshi Nakamoto a few years ago with bitcoin and after many were familiar with bitcoin, there were countless other altcoins, basically the creation of bitcoin or crypto only as a digital currency used for virtual transactions on the internet network with using secret codes that are quite useful to protect and maintain the security of the digital currency, but slowly over time, crypto has become an investment asset which is very profitable for all parties, even though it actually understates the basic use of crypto as a substitute conventional currency.
That's what happened today. The use of crypto is not well targeted when most have no use as a means of payment but as a trading asset. we cannot deny that is what is happening today. although some platforms also accept crypto as a means of payment I believe that is only a small part of the many cryptos circulating in the market today. |
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Now, it's very unsafe to invest in altcoin because of Bitcoin instability. I have lost a ton thusly, so I have experience with respect to that. I figure we should hang tight for Bitcoin stability for quite a while. But the facts demonstrate that "no risk no reward". We don't have the foggiest idea about the truth of what will occur with altcoins. A few alts are draining scarcely right now which isn't viewed as a protected zone for me.
not really,you will get benefit if you invest in early last January. although the pattern will be the same but the number and timing will not always be the same. and also looking at current market conditions it seems the market will continue to rise. earlier this year altcoins started a good move in the market. but it looks better now. some altcoins such as eth and BNB have also experienced very good growth. It is never too late if we look at how the market is moving with great promise. but remember in bull conditions like today it would be better to always be careful and play short term. |
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It's why nigeria failed as a country, every single thing that can make the country to grow is been denied, the only supporter they have was denied power in last presidency election, the man is the only one that really talks about crypto is a very good way, and he even encourage youths to venture into the technology, I'm guessing is name is Atiku Abubakar
in that case, I think there is the fear of outside interference. that is very natural because they themselves are not too sure that they can properly manage an industry that they may not be able to control. but I myself still believe that one day all countries will start to open up with crypto. or technology that believes in a currency approved by all countries as a more modern means of payment transactions. |
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project that says that it will get a lot of benefits in the future if investing there, it is certain that if the project is a scam, the real project will not say stupid words like that because the team itself also cannot control the market, so it can change anytime
those who say that are just a lure, So I advise anyone not to easily believe in new projects with the lure of being unreasonable
I thought it was just part of the marketing. the marketing team of course said that kind of thing. and it's very natural. it's just that for a new project of course there must be a clear reason why their project will be successful. what the advantages of their platform will be taken into consideration. when the team cannot provide clear and ambiguous information, then you can only call them a scam. basically, all marketing will certainly convince investors or potential users of their platform or product. |
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I would never advice you to convert your btc or litecoin to dogecoin zcus we all know that dogecoin is just being hyped for no reason, and we all know what always happens to coins that are hyped for no reason at all, after they might have pumped, the later days are always bloody, so I will advice you hold your btc and litecoin as well as the dogecoin you've already earned through faucets, if you really wanna have more dogecoins, it's better you buy them with your extra cash and don't convert your btc or litecoin for it.
I also think like that, for example I have bitcoin I will not sell it and buy Dogecoin, and even if I have fiat money and I want to buy Doge coins I will buy it with my fiat money deposit, but I will not buy it in large amounts, because I have the thought that the price of this Doge coin could suddenly drop by a price far at its current price. it can happen to all crypto assets not only to doge. but for doge, I'm sure there will definitely be a decline even when bitcoin is still in its current position. doge has some pretty good traction, but I think the risks also appear to be greater than that of other crypto assets. |
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Broo listen.
We can't do sh*t about this because there's no regulation yet for that and remember you can't stop someone from scamming others bro, the best thing we can do is just increasing our Knowledge so we can avoid getting scammed.
what you say is true. but when you see something bad in a new project you can share it with other people. This forum already has a place to share all indications of fraud. and it is one way to better control the scammer. indeed there could be no wiser rule for eliminating scammers. they will always be there for the money. and when everyone has the ability to know then they will not get anything from what they make. |
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One main reason I think why ethereum continuously have a bullish momentum is because many big corporation and institution are investing a very good amount of funds to it. One more reason I think is that because of ETH 2.0 development many crypto enthusiasts patronize and invest once again the ethereum.
market confidence in crypto is currently on the rise. The bull moment that occurred in Ethereum was also influenced by the market which was in good condition. I think the market has maintained its position quite well and for a long time. people who came to the crypto market in 2018 until now will probably understand how the struggle to be patient and continue to believe in the crypto market. when a lot of bad news says crypto is a bad investment and a scam. |
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