...From the look of it, this a quick money pump and dump project for short term only...
I am confused by the fact that the coin is launched in the Ethereum ERC20 blockchain, although I have seen from experience that such coins aimed at pumping money are most often launched in BSC and Poligon, since this requires less financial costs. |
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I looked through the whitepaper of this project, which consists of 6 pictures and did not get any useful information for myself. Why is there no information about team members and early investors of the project? This is important information for those who decide to invest in your project.
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XRP is very convincing, this week rose more than 37% when the market in general Red, this is our hope that with XRP we can profit, I'm sure the positive trend XRP will continue until the end of the year and can touch at least $ 1.
It is obvious that the XRP pump was caused by the news about the possible completion of the trial by a settlement agreement between Ripple and the SEC. But since any pump is of a short-term nature, now we are seeing a decrease in the value of XRP to the previous values, but it is possible that the price will drop even lower, for example to 30 cents. |
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...looking at adding a few micro cap altcoins in the hope one or two 100x or more over the next few years...
There is no guarantee that the coins you selected with a low capitalization will bring a big profit. And the opposite may happen, that you will lose all the money that will be invested in these coins. So it will be more like a casino, not an investment. |
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Hello I am looking for a reputable crypto exchange with good 24 hr. volume/trading and a fairly reasonably priced or free listing. ..
You will not get comprehensive information about the listing price here, since there are no representatives of "reputable crypto exchange" here, and the price for this service may vary depending on the state of the cryptocurrency market. Therefore, you will have to contact the support of the exchange yourself, which meets your criteria, and only there you will receive an exhaustive answer about the listing. |
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...I prefer Binance mostly for the P2P trade access that isn't available with other crypto exchanges.
In fact, P2P trading is now a mandatory element for all major exchanges and, accordingly, is not a distinctive feature of Binance from other cryptocurrency exchanges. In addition, in terms of the number of fiat currencies supported, Binance is also not a leader among other exchanges. |
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...according to coinmarketcap the 24-hour volume has reached $24 billion,
this is a very fantastic number, compared to Coinbase which is only $2 billion.
Given the fact that the Coinmarketcap rating belongs to Binance, this is not surprising. But if these volumes are really real, then Binance is a monopolist, which negatively affects the cryptocurrency market. Nevertheless, despite the mandatory KYC, this exchange is really in the first place in terms of its functionality and security. |
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Long term investment is not related to Spot, Margin or Derivatives.
When you invest long term, you must keep your coin in your wallet, not on exchange. If you mean Spot, Margin or Derivatives, you must store your coin at exchanges. That is bad in security for your coin and capital.
In addition, if you invest and store your coin at exchange, you can easily to go with trading because it is very convenience to trade on exchanges. Then you will change from long term investment to trading and it is bad.
Thanks for the advice but these are only hypothetical queries so when reading them please imagine, hypothetically, that wallets don't exist and exchanges are the only place to hold crypto. It should be remembered that with margin trading, your position may be liquidated and you will completely lose your money. In addition, margin trading implies the use of borrowed funds of the exchange, and you will need to pay an hourly commission for its use. So a spot purchase will be safer for you, although it will bring less profit than using margin. |
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...To avoid payment delay for the testnet airdrop participants is the reason why some project dev choose to pay their testnet airdrop in BTC or any well-established crypto its not that they didn't trust their coin.
Can you give an example when the execution of tasks in the test network was paid for with bitcoins? It looks unrealistic: why would a new project buy bitcoins for payment on the test network if they can pay with their coins, which they have in huge quantities and also for free. |
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... The new fork coin called ethereum pow already launched by bunch of scam miners. ..
I don't think you have any reason to call the ethereum pow team "scam miners". After all, ETH itself is a fork. As it turned out, ETHW had many supporters who did not agree with the transition of Ethereum to POS, and accordingly they took such a step to save their business. At the moment, the hashrate of the ETHW network is comparable to the hashrate of ETC, which was before the Ethereum merger. |
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I can't mine ETH or any other coins right now but I do find a way that might look good but bad to many, I can mine a meme coin called Baby Doge, I can get 609,000,000 of this token per day
At the current price, your daily income is $0.71, but I do not know what mining costs you incur at the same time. But anyway, this is a very small income, and if it is not critical for you, you need to hold the coins until the next pump, at which you need to sell them. And then switch your equipment to mining another coin. |
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...Usually testnet airdrop needs some money for gas fee and other requirements to be considered as participant. This isn't the usual airdrop where participants do requirements such as spreading the project, promoted or getting referrals. Testnet airdrops also has less abusers since we need money for gas fee. ..
You have incorrect information about completing tasks in the test network. To pay for gas in any of the test networks, test tokens are used as payment. Accordingly, you do not incur any material expenses, except for the time spent on completing the testnet tasks. |
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Ripple has success in court and that is why the currency is flying high...
It is premature to say that Ripple won in court, we should wait for the end of the trial. At the moment, the price of XRP has reached its local maximum and has gone for a correction. Thus, you should not buy a coin at a high price, and need to wait until its price reaches a minimum. |
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...i have a idea to participate for testnet airdrops and earn some money for my day today expense. i will use this and will stick with you boss. thank you.
In this case, you should remember that not all testnet reward their participants and very often the awards are not as big as you expect. In addition, very often you have to wait a long time, it happens that more than a year before the main network is launched, after which an award will be distributed to testnet participants. But in any case, you made the right decision to take part in the testing, as this will help improve your skills by completing the test tasks. thank you for your idea sir. but i need to find some good project which is ready to launch testnet first and i would invest my time there. time does not matter. patient is the key You need to learn how to find testnet announcements on various social networks yourself, since no one will do this work for you. But considering that you are new to this business, I have found several such guides for you to run testnet: https://dittofinance.gitbook.io/docs/support/devnet-guidehttps://deepwaters.gitbook.io/deepwaters-public/tokens/usdwtrThere are such testnet to participate in which you must first register, for example, as here: https://airtable.com/shrnhbZOOXnosXTJb |
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...I’d like to be able to find info so that I could get a chance to buy these prior to being listed so I could have a chance to actually buy a coin before it’s all time high. ..
Do not forget that investing in coins at an early stage requires knowledge that will allow you to choose the right coin for investment. If you do not have such knowledge, then even if you manage to avoid scam, the coin may turn out to be one that has no value and support from the community, as a result of which you will lose your money. |
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Those miners who don't want to get ride of their mining rigs will simply continue to mine this fork coin. And we have seen that it's been a rough start, up and down, sometimes you will see a huge dump and then followed a a increased of like 40%... Since the Ethereum merger, the number of miners in the ETH PoW network has decreased by about 2 times. This is evidenced by the data of the hashrate network. This indicates that miners are abandoning ETHW mining, preferring ETC and RVN, which, on the contrary, have an increased hashrate. |
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...i have a idea to participate for testnet airdrops and earn some money for my daytoday expense. i will use this and will stick with you boss. thank you.
In this case, you should remember that not all testnet reward their participants and very often the awards are not as big as you expect. In addition, very often you have to wait a long time, it happens that more than a year before the main network is launched, after which an award will be distributed to testnet participants. But in any case, you made the right decision to take part in the testing, as this will help improve your skills by completing the test tasks. |
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...and yes one of the benefits buy from ico is gaining x2 or more, there is coin that x300 from the ico price. but you can gain more if you participate in community based venture capital
Not everything is as simple as you write about it. As a rule, coins purchased at the preliminary stage and as part of a public sale have a lock. Accordingly, by the time of TGE, you will be able to sell 10-15%, and the remaining coins will be unlocked in equal parts throughout the year. Accordingly, if you do not return the amount of your investment from the first distribution, then the price of the next unlock may be significantly lower than the one at which you bought. |
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...The price will be going down even deeper as scammers are keep dumping their shitty ethw mined by them, Only stupid people who keep buying that shit.
I think that most of the sales are made by large ETH holders who have received ETHW as an airdrop, since most miners have switched to mining other coins, such as ETC and RVN. It is in these networks that we see an increase in hashrate after the Ethereum merger, which increased 4-5 times. This drop is also explained by the fact that there are no people willing to buy ETHW on the market at all. |
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