1. Nothing is certain in crypto space
2. Learning is the easiest way to get by
3. Analysis is the best tool for more knowledge
4. Don't hold new altcoins and stay offline, they need close watch
5. Diversify your money, do not rely on few altcoins and don't have too many, watching them will be an headache
6. If you are new and in rush to see how crypto works start with Bitcoin and Ethereum.
7. Take profit when you see one, don't be too greedy
This is the reality and i will only make few corrections. 1. Learning is not easy, you must avail yourself to learning by having the right attitudes and discipline 2. You can hodl tokens, but before then ensure to have an idea when you want to cash your profits, place your order, setup a price alert system with block folio and keep your seeds safe. 3. No token is reliable in this space including bitcoin, the only certainty is the fact that bitcoin is bullish always. 4. It is wrong when you take profit when you see one, profits can be 0.1% or 10%. Dyor, follow up and pick yhe best profits avail to you |
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I think it doesn't matter if they are old tokens or new tokens, investment in crypto currency tokens are risky, but rewarding which is why you need yo dyor and find a good reason to invest, a valid time to buy the tokens as well as a well detailed exit points. Don't just buy low and hope for moon, dyor always
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The word lesson learnt goes a long way in the crypto currency space today; it means that we have survived a dump, or missed out on a valuable project; and we have taken a step back to find out why, fix it, and then proceed to make the most of today; be researching and having a better knowledge of crypto currency. Everyone should do this, be it a trader, bounty hunter or an hodler.
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It takes time to make money in crypto space, some people called Ethereum and ripple a shitcoin years back, what happened to this coins today? They are big enough to be on top 5 lists, you can still spot new gems but It depends on how good you are with research and most importantly, nothing is guaranteed in this space, loses will come, if you don't put in some patience you will be forced into panic mode and that's all it take to freak out and sell for loss, understand what you getting into, it's not impossible but definitely not a straight road.
Just my kinda advice for newcomers, good luck and happy hunting
One mistake newbies make is that, they fail to apply the real life scenario once they jump into the crypto currency space. It takes time to make money in every aspect of life be it business, trading, or even office work, you tend to work 30 days first. Whatever you choose to do, it requires ability to learn, research, and good decision making skills to excell. So if you want to strive in crypto currency, do your own research, learn, focus on the objectives, master your acts, and be responsible in your actions. |
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I have noticed that there are many people here who do not understand that many cryptocurrencies are stablecoins. Stablecoin means that its price is designed to be as stable as possible. That means there will be no ROI from buying and hodling bunch of stablecoins. Coins with very large or infinite max supply are very likely designed to be stablecoins because that way they can stabilize the price by emitting more coins when the coin scales rapidly. Just like they do with FIAT to keep the exchange rate stable. Stablecoins are rarely perfectly stable, but they are considered stablecoins because of their effort to keep the price stable.
The truth is that, why would you focus on stable coins as a genuine spot for investment? My first question is that, why do you use a stable coin? A straight forward answer to that and you have an understanding of what stable coins are. Stable coins are not meant to grant you an return on investment; it is to give you a reassurances that your funds won't witness dip or pump. |
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In the world generally; nothing is perfect; in the blockchain world; there has not been any perfections which has led to several introductions of new projects; products, to suit the needs of humans and make everything quicker and faster, transparent and brief with blockchain. The same can be said about stable coins. They are not perfect, which is why most times when there is huge demand for it, it goes lowest towards 0.98$, which we can still consider stable.
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Another means to scam or for adoption. There are two things that are possible here: that the intention of the creators of these tokens are for the adoption of cryptocurrency or for them to scam football enthusiasts off their funds. This shouldn't be trusted yet because they lack the temerity as a cryptocurrency project. Advise: don't invest on this project if you really love your funds not going drain. As for me, I won't invest with this project because they lack reputation.
Well, i think it is too early to call accusations against the token; for anyone to invest, a few clarifications is needed. Firstly, there is a need to find out if the tokens are backed by the team, and then secondly, a need to verify of what importance the token will have on the football club, the football fan and sports space et al. Barcelona would not get involved in cryptocurrency just to cheat on fans, there must be something huge coming soon. Do you have a link to the projects whitepaper? |
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The future of gold backed tokens is easy to be judge if we are being honest with one another; If the project is limited in supply, and they are able to provide tracking proofs that they have vaulted gold in a gold vault storage; then it has 70% chances of being adopted by crypto ethusiasts. Anything other than that is zero.
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the project you promote 2years back can still come up and give you awesome reward, delays takes place sometimes that makes project team keep postponing listing on exchanges, imagine promoting a project in 2018 paid you big reward in 2020 after you've already zero your mind that it's over? I want bounty hunters in the house to verify this, true or false??
Anyways, do not underestimate projects you promote a year or two years ago, they can still pay up and secondly do not leave or exit their telegram channel no matter how many years it's been, if you do you might be denied of your rewards
This is true and it has happened a few times before, and one that comes to mind is the farmatrust bounty, a very good bounty in 2018 that focused on healthcare and blockchain solutions, by mid 2019, the token was trading well on exchanges and brought more profits than present bounties. Another story like situation is the Iagon bounty, they have fixed their patent and their platform is ready to use, what remains is proper hype, exchange listing and more. |
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I realized today that even thought many Altcoins are total shitcoins, all of them have an ambitious dev team behind them that must understand the blockchain business to some extent. Therefore I call on to all the devs of impotent shitcoins to unite for a quest of more utility for their cryptos and stop being shitcoins! Upgrade your blockchains! Switch to a more exciting algorithm. Slice max supply. Add real utility like storage or bandwidth or both! You can do it! Contact me if you want to know more.
It is not news that 80% or perhaps 90% of alltcoins are shit coins; and then it makes me wonder for what reasons you want them to unite? is it for blockchain reasons or what? How can you unite 3 or more different platforms into one, which can sometimes be of different blockchain ? |
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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
This is the reality of crypto currency today, projects turned out to be a business hustle between projects developers, and bounty hunters and this is why emphasis on research is vital. Before joining trading Bounties, check the volume, check the trade history and the support levels, estimate the success limit before participating |
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I don't like crypto ratings, it us convincing, it leaves several peeps especially newbies with false information about projects. As investors or researches, we need to understand that crypto ratings are done by humans too and they can make mistakes, hence always do your own research by yourself
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Here are some instructions that might help beginners:
1- Save your private key in an offline device
2- Distribute your cryptocurrencies to several govern orates to avoid losing all of them if one of the wallets is hacked
3- Do not reply to any message from an unknown source
4- Create an e-mail address for airdrops and Bounty campaigns
Do you have any other suggestions?
You should know that storing your private key offline or online has little effects with careless peeps; so instead i suggest newbies to understand perfectly why they must keep their private keys personal and save, avoid evernote app or any notepad applications on your phone, avoid any clipboard application too. Also, after having a different email for exchange platforms, and a different email for bounties and airdrops; always remember never to use your exchange platform on any airdrop or bounty websites that requires log in. |
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One truth we seem to neglect when criticizing repetitive project is that the blockchain preaches freedom, which is the all mark of decentralization. We cannot just rebuff of old projects that are repetitive; we also need upgrades. The question should be, are new repetitive projects more remarkable than old existing ones? Is it superior in operation and terms of use ?
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Hi everyone , We hope to Launch a ICO in next month , So we need to complete our ICO successfully , So we need your IDEAS to launch a successfull ICO campaign...
What should we do except bounty and Airdrop?
To me, a brilliant way to have a successfuly ico is to avoid it totally, ico as a means of crowdfunding in the year 2020 is a no no, and it won't bring any investors or project capital. As a new project, i suggest you find and attract private investors first; then have a private seed. Then you can proceed next by hodling an ieo event in a reputable exchange platform. |
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The truth is that there would always be a wave that would spur one to buy or sell a coin. The success story comes when one is able to discern whether to go with the trend or not. In this space, whatever goes up will surely come down, so if you feel you've lost out on a trade, it's best to wait for the value to drop before making a purchase, Inorder to prevent one from making losses.
Do not get it twisted, a wave should not prompt you to enter to buy or sell any token. When it comes to crypto currency investment, it means you have studied the token growth over a long while waiting for the right opportunity to enter the trade. |
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I think there's nothing wrong if other coin prices are compared to bitcoin valuss.
As long as no altcoins comparison attempt to slate bitcoin, then its not a problem.
After all, comparison is about positives and demerits, and other than that, anyone that do not rate bitcoin highly does so at his/her demerits
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Hi everyone, i understand that the global pandemic has caused different economic scenes in the world; but if you are still into crypto currency and bitcoin or you are about giving up on it.
I want to urge you to not give up on crypto currency and bitcoin because it is a wealth creator; all you have to do is to not cheat the process.
Bitcoin is a path to wealth transfer, and i want to encourage to save in satoshis, either daily or weekly; the future of bitcoin and crypto currency is here!
Still you can't soend your satoshis directly form your wallet for your daily needs so converting all of our money into satoshi is not a good idea so allocate a part for saving in fiat and the remaining in satoshi.Make sure that you are not in need of satoshi to be converted into fiat for few years then you can make huge amount of profits. Maybe you don't grasp what am emphasizing about, i mean you should take note to save bitcoin in satoshi because that is what matter.s For example, 0.187 btc might worth 200$ today and 500$ tomorrow or 120$ tomorrow. Which is why it is always good to buy during the dips because u get to accumulate more bitcoin indirectly ahead of a bull run |
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