Their trade volume went from 85 mil to 25 mil in 24 hours . We need to be careful when a new altcoin appears on the market . We all know that more than 80% of the projects fail . I am not saying that elrond can have the same way but we need to give more time so we can see if the team is serious
I think maybe a lot of Elrond holders swap to eGLD so that the trade volume drops dramatically considering the swap ratio is 1:1000, for new altcoins this has become a natural thing because for a long time ago, if there was something new coins people were quick to turn to coins that they hold. |
|
|
|
Yep, I agree with you, just not only bounty hunter which is job at here. When the market grow more than, there will be more jobs which involve to cryptocurrency and blockchain will be recruited right here.
Yes, that is a very natural thing to happen, because basically everyone wants to make a profit when the market is in good shape, even hunters who have retired are now working again. Yes, I'm one of those bounty hunters who retired and now I'm back in the ranks. I left because of the downturn in this area of earnings and a large number of scammers. Now I'm attentive and participate in a small number of projects, but of high quality. A good choice, because most projects that promise big bounty payment are scam, especially if the project comes from ICO and also the current DeFi trend is good to follow considering that many DeFi tokens can go up to 10x more easily, it's not wrong you are following DeFi Signature Campaign. |
|
|
|
|
I did a dump because I was not strong enough to hold the coins that were held for too long, because the coins that were held felt they had no direction and also had no potential, besides this the factor of new coins that looked better was also the reason why I dumped.
|
|
|
|
|
Good thread, and it seems like this can make people who want to invest in DeFi to increase their knowledge so they don't regret after buying DeFi coin, in addition to hacking cases there are actually also frequent exit scams like this $100 DeFi coin which can drop to $9 less in one week.
|
|
|
|
|
Swiss projects are very prone to failing in my opinion because in 2018-2019 there are a lot of Swiss projects and only a few are successful for example, like Swissborg (CHSB), and also I am more interested in old projects from Switzerland like Lisk because this is better and has also been included in top 100 cmc.
|
|
|
|
Even though the Defi project is popular, the price is even worse than expected
It is too early to discuss price, especially at this time this project is still doing Tokensale with Bounding Curve, I think after bounding curve ends, maybe token price will grow. |
|
|
|
Yes I agree wholeheartedly with the OP. The projects must establish a sense of trust for the bounty hunters by escrowing the bounty amount with a third party and this guranteeing payment.
And after the project failed, they couldn't raise money from the community. In the end, you just get ridiculous tokens and never sell them. It is not a good solution, we need solutions that can help the project to be successful in this market. To make a successful project. support of a promotion with a bounty is not enough, especially if project that held a promotion is a new project I think they also need to use advertising platform and also have to improve their community. |
|
|
|
Any better alternatives to tracktx and ETHtokenExplorer Bot
You can try Magnum Notifier (@MagnumNotifierBot). This is kinda nice telegram bot, you can register multiple wallet addresses to to notify if there is any transaction (outgoing/ingoing) in your registered addresses, I only tried to use this on Bitcoin only, but I do believe you can also use this is some cryptocurrency, especially Ethereum and Bitcoin cash, etc. What I just notice this last month, there are some time that they are down or no response from the bot, but as I test it now, it's now already working. Actually I'm looking for a bot that can monitor binance coin address, but this bot seems interesting because the limit on adding addresses to ethereum can exceed two addresses considering that ETHTokenExplorer has to do Subscription first, it looks like I will switch to this bot, thanks for sharing. |
|
|
|
|
I'm not sure, but I think there is a small chance that there could be a return to $1 because I saw some news that ADA will expand to the DeFi sector, this might make ADA attract more attention, but I don't know if this is successful or not considering that DeFi Sector is currently being honored by ETH.
|
|
|
|
|
I rarely use stable coins, but those coins are sometimes needed as a safeguard of assets because when it is bearish at the beginning of 2019 I use Stablecoin for a while to secure the portfolio and the results are quite good, and also sometimes Stablecoin is often used to participate in projects that hold crowdfunding because of they accept some cryptocurrency among them certainly is stable coin, especially for USDT & USDC.
|
|
|
|
|
As long as I follow altcoin bounty I have never found a potential project, most of them always end up being deadproject and the rest survive. only it's stable development I mean their token prices can't grow like most altcoin like now can pump up to 10x more, and because of this sometimes I am interested in trying following projects that look like they have the potential within the next year, but I think currently project like that not available.
|
|
|
|
I am anxious to know what will happen next because today the community in the country I'm talking about quite a lot and predict it will not be easy to get this coin. Within a few days, I saw a lot of investors joining Telegram, and I was sure it was a real investor, so there wouldn't be many opportunities for me. Anyway, I would safely choose to buy this coin after the big news about the exchanges will list this coin. Yes, it seems so because a lot of people are chasing DIA Bounding Curve events, but if we were stanby before Bounding Curve starts I think there is opportunity to get DIA Tokens, but if it fails maybe buy it at Gnois dex or Uniswap (if DIA listings there) also a good choice. |
|
|
|
|
Right now I'm doing day trading. I realize the risk of day trading is quite high, but I think the profit I get from there is better than if I have to do long-term hodl and I always fail to do long-term hodl because usually I'm not patient enough to hold a portfolio on crypto exchange.
|
|
|
|
Is it just me or others think same way? I mean are listed bounties intentionally using bounty campaigns to create hype and before the bounty is over they dump part the tokens making it lose value and make bounty hunters share what's left??? I'm kinda confused with bounty projects that are trading
The reason why many listed tokens hold bounties is actually to make people invest or buy the project tokens, I think because promotion in this way is cheaper. It's just that the risk of participating in a listed bounty is if the project tokens that we promote go dump usually this will make us lose because usually the payment is made not on time and must wait a few weeks after the campaign is over. |
|
|
|
it's not like that, I can say that the exchange really influences, but there are many IEOs in Korean exchanges such as Okex and Probit that also have a lot of success, just how about the project itself, is it able to attract investors or not
Okex and Probit in my opinion are not much successful, especially for Okex because it seems they have been fooled this month by a scam project. but I can't blame okex because this project is a bit smart to manipulate their website and IEO to be held there has been takedown by Okex, for Probit some of previous IEO i think failed, but there are some upcoming IEO they look interesting like corion x it seems would be good. |
|
|
|
Defi is just a hype like IEOs trend. To see if market's rebounding, take a look at market movements. Altcoins increased a lot in the last few weeks. Bitcoin, on the other hand doesn't change much. Some Defi related altcoins also pumped hard but again, I doubt that Defi trend will explode someday. Everything will be back to normal.
actually not because DeFi is more than just a trend and cannot be compared to IEO trend because in a few months or until next year DeFi will have the opportunity to dominate crypto market in a large scale and most DeFi projects do not originate from IEO. |
|
|
|
|
most of them only chase short profits, some I think are crypto arbiter, and in my experience buying a rising coin is more profitable than buying when going down because if you choose wrong and buy it. Instead, our portfolio will decrease further.
|
|
|
|
|
I regret that until now I was not able to make long-term investments (hold for years) and always sell at the beginning, if I could do it this might be the biggest achievement but unfortunately it is very difficult to manage finances especially if a lot has to be paid.
|
|
|
|
It's rather unfortunate that we would have to be double careful now about defi projects. Several projects would claim to be defi and deceive the investing public. Its a good decision for coin market cap to include a section for defi projects. This could help newbie in their research for defi projects to invest. I personally would advise that we all stand back to watch carefully before taking a stand on the defi project to invest.
they already have what you mean, https://coinmarketcap.com/defi/ you can easily monitor DeFi project from there and it looks like DeFi project listed on coinmarketcap is guaranteed, but I prefer to use DeFi Pulse and do my own research. |
|
|
|
There will be a token swap from WINGS token to the DFI one. For now the project is in the testnet stage, we plan the launch of a mainnet later this year.
Is there's any information details about ratio swap for now ? there is currently no information, and as far as I am concerned, the issue of swap of Wings Token to DFI one will be notified after dFinance mainnet is running, currently still on testnet. |
|
|
|
|
Show Posts
