A lot of the more popular wallets (such as Electrum) are open source and developed by people who truly wanted to see Crypto succeed and wanted to improve accessibility and usability. They discovered crypto early, and found a way to build/improve on it. Developers of wallets like these generally have good intentions and just want to better Crypto as a whole.

When a coin dev releases a wallet for their own coin, they want the coin to succeed as they probably hold a significant stake in that said coin.

Other wallets aim to generate revenue for themselves through affiliate links, ads, etc. An example of this is coinami or blockchain.info. They have a built in "currency exchange" feature where you can trade altcoins using shapeshift and/or changelly, and they make a % of the exchange fee.

And finally, yes there are many wallets out their that are scams and/or contain malware aiming to steal your coins. A very recent example of this is ElectrumPro, which was basically a ripoff of Electrum but packaged with malware. This is why its important to use a wallet that is open source and secure.

I think that is not considered as a scam. Probably, this bounty manager will respond you about your translation later. Some of the scam teams disappear with the gathered crypto currencies after the ICO campaign. They just steal the money of investors. Undoubtedly, this is a scam and should be punished.

To know if the bounty ICO is a scam or not, you need to look at the team in a primary order. Notice if they ask the KYC for investors. Don't even look at the project, if the ICO team is hiding themselves.

Hey everyone,

Figured it never hurts to help remind people who may be new to cryptocurrency that they control their investments. This may be a good thing, or a bad thing. The negative aspects of this is that of course, they need to make sure that their investments are safe.

Some general advice is:
-Never leave funds on an exchange unless you plan on trading with it. If you're planning on buying it and forgetting it, definitely make sure to move it to a wallet.
-You need to regularly monitor what is happening to your cryptocurrency. With so many main nets and airdrops happening, you need to be sure to move your funds into the correct places so that you qualify to receive thee airdrops, and so that you receive new coins following your crypto's main net release. For airdrops, generally, you need to just have your crypto inside a wallet. If your crypto is held on an exchange, it may or may not be paid out to you. This is a loss of free money.
Mainnet releases often require action of the user. I suggest subscribing to the twitter pages of your investments at minimum, if you want to go the extra mile, spend a few mine weekly checking up on forums/subforums/channels that focus on your crypto's discussion. It is easy to forget about your investment, then realize they did a coin swap that you no longer can sign up for, and now the coins you do hold are worthless.

-If you can't afford to lose your investment, buy a hardware wallet. For me, when I owned crypto worth 2x the price of an average hardware wallet I made sure to buy one. They're definitely worth the investment. The two main hardware wallets are Trezor and Nano Ledger. These work by keeping your private keys safe, so for you to access your accounts/move money, you have to have the actual wallet in your possession. This makes it difficult/impossible? for you to lose your funds.
-If your cryptocurrency is not supported on a hardware wallet (not every one is, you'll need to make sure that your wallet can handle the crypto you own), you should look into downloading a wallet onto a computer that you don't use often. Ideally, this computer will NOT be used to browse the internet, it will be devoted ONLY to be used for wallets. Ideally, you'd download the wallets onto a USB, transfer it to the PC (without internet connection), install everything, then connect it to the internet so that the wallets synch and update. Then, you'd make sure to write the PUBLIC addresses down, save them, then keep the computer disconnected from the internet until you need to move fund out of the wallet.
You can send funds from a different computer, and even though your wallet computer isn't connected to the internet, it can still receive transfers into it. You'd need to synch with the network before you can send, so only connect the computer to the internet when you need to move fund out. Ideally, you'd want a Linux operating system on this computer, as they are 'safer' than windows computers.

Ultimately, you need to always keep in mind that you and only you are in control of your investments. If you do not own the private keys, you do not own your cryptocurrency. If the exchange that your funds are on gets shut down, you may not get your crypto back for a very long time (people affected by mt.Gox took 5 years before they got paid back- and even then they ended up losing on a ton of money because they were paid back in the USD value that the bitcoins were worth at the time of the hack, something like $10 while every bitcoin was worth thousands).

If anyone has additional advice to add, feel free to share.

I recommend you stop thinking about "what coin will get me rich quickly" because that will never turn out right.

The fundamental thing about crypto that you need to be aware of, is that it is extremely volatile.
Picking a coin based off it's quick, short term gain will inevitably just have you going around in circles and not reaching the heights you truly want.

First off, the coin has to outperform btc.
Not just short term but we are talking over a 1 year period.
Look at 2017, how many coins actually outperformed bitcoin over the span of a year.
Not as much as people would think.

Also, you need to be looking at what type of coin/token it is.
NEO and litecoin are so different and not necessarily competitors to each other.
You should be looking at similar coins and then hedging them against each other.

So like NEO and ETH or LTC and BCH or something like that.

The project, even at the stage of ICO, was able to declare itself not weakly, it is believed by many well-known companies that are somehow connected with cryptocurrency, the credit of confidence is definitely attached. And now the beta version of the platform is available on the website. The developers are already trying to show us some developments thereby reinforcing the credibility of their project

Thanks for your checking work.

It's very important to verify before to invest because scammers are trying to capt funds people want to invest in Bitxoxo.

==> don't trust the ".org" website, it's a SCAM.   The only real one is bitxoxo.exchange.