Do you have a preference for collecting tokens instead of selling them?
Currently in my wallet there are more than 200 tokens with different values and I do not sell them every time it is listed. I keep them and watch them every day. I was fascinated by the fact that there were many tokens in my wallet and not paying attention to their price.
Do you think this is a crazy hobby?
Of course, I do not collect tokens, but I also have enough of them on my wallet. The reason is that I sold tokens only those that could be sold for good money, all other tokens are stored in my wallet in the hope of future growth. Unfortunately, not all tokens will be able to show growth, I believe that most of them have already depreciated. I think that we just believe that we can make good money on tokens in the future, so we keep them in our wallet. |
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Many warnings have been posted about the possibility of DeFi exits scams across different platforms including bitcointalk but it seems people are simply too greedy to take advantage of the hype and profit. As it turns out, many of them got burned from projects like Yfdexf.Finance. As reported, Yfdexf’s team managed to run away with $20 million. Their official website, medium, telegram and twitter accounts have all been taken down to not leave any traces. What happened here is also another reminder to all aridrop and giveaway hunters out there to be careful in what you are sharing in exchange for some rewards. You might not realized it yet, but you are also helping these scammers. Yfdexf’s team organized many giveaways to create hype and many of these hunters just joined without even thinking about what they are promoting. You are certainly right. But you cannot know 100% which of the projects will be a scam until this project is implemented, raises money and deceives investors. Until this path is passed, it is difficult to understand whether it is a scam or not. The fact that people believe everything and this is the problem, but investors can also be understood, everyone wants to make money right now. These are the risks that you should always be aware of and not be greedy about. As for scammers, they have been and always will be. |
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The world is into technological advancement with high and intelligent development of digital platforms purposely to help and make human life into a convenient world.
Today, DeFi catch the mind, heart, or possible even the pocket of interested persons to grab the opportunities to invest. DeFi or known as Decentralized Finance will change the world perspective with regards to Financial matters which every household own some money and do transactions.
Do you think now is the right time to call the people into crypto world?
As for me, now is a good time to join the crypto community and buy cryptocurrency, as well as talk about this opportunity. Of course, this is all relevant, since the situation in the world has changed and many need to look for both an opportunity to earn money and an opportunity to save their funds. Cryptocurrencies are quite a good asset that can help. As for DeFi, then, of course, decentralized finance is very good, but the main thing is that it should not be another deception for investors. You must always be on the alert and it is better to check all the information provided. |
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After Sushi Dump (another defi project) Cz_binance
Reaction was - "I don't know who the founder is . We don't Force you to buy . All coins are high risk , especially DeFi"
And he also removed that post from twitter.
At this time many suspicious project coming with DeFi tag
Because currently DeFi is trending.
Please Follow every single DeFi project with team activity , management , what they think about their project in coming days..
We have to invest or not .
Every time research first about that project ... Newbies are only finding DeFi project currently and then they invest on that without any research & all that
This story once again shows that the people who are behind such projects pursue only one goal, to make money by using the HYIP themselves. DeFi as a direction has a number of advantages, but scammers do not sleep and are just waiting for such moments in order to make quick and good money. You are right to talk about safety when choosing a project to participate. This is a very important criterion, especially when there is a big hype. History repeats itself, someone earns, and someone loses. All this once again reminds us that any investment always carries risks. |
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The fees to send ETH are minimum $5 in fees ... is it going to change back to "normal"?
Who dictates how much fees are charged?
If ETH is claimed to be decentralized where are those high fees coming from if not from a centralized party?!
I believe that the high fees for ETH are a consequence of the large number of transactions that the system is unable to process. This is not the first time, similar cases have happened before. All this will surely pass and the commission will return to the usual level. Now we have seen a surge in fees on the ETH network due to the high demand for tokens of the DeFi platforms, but it will not be long and already now we are seeing a decrease in the prices of fees on the ETH network. The main thing is not to worry and understand that the ETH system is not yet ideal, as, in principle, other crypto systems. |
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It obvious that higher trading volum = more liquidity. liquidity refers to the ability of a coin to be converted into cash or other coins easily. Liquidity is important for any tradeable assets including cryptocurrencies.
Unfortunately, I have obversed that most coins listed this days on certain exchanges are without volume, that is, illiquid.
It is very clear that this situation was not common found before 2019.
What could be the reasons for this abnormalities. Your thoughts.
I believe that if there is no liquidity, then there is no demand for the asset. At this time, it has a large number of crypto assets that no one needs. At the same time, project administrators who released such are active in every possible way trying to make money on their cryptocurrencies by selling them at any price. This is also influenced by the oversaturation of crypto assets in the market. In other words, until the crypto market dumps unnecessary assets, we will observe this picture. However, there is one more point. Now investments are made only in top altcoins and new promising tokens, all the other ones are active and do not arouse interest. The situation in the world also affects this situation. Some investors do not invest at all as they are simply afraid to do so. |
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Believe me my friend, anywhere in the world, it is not easy to make money. If you see any airdrop that promises 100$, 200$, 300$, 500$ and above just for referring peeps, or sharing post online, then it is atmost 99% fraudulent.
Likewise, if you see trade signals that promises certainty, or bounties that promises you a fixed price for your token, be wary. It is not that easy nor realistic.
You're right. I have worked in different fields and I know for sure that making money is hard and not always successful. When I got acquainted with cryptocurrencies and the possibilities of earning money on them, I was lucky, so to speak. I just got into the beginning of the hype in 2017 and I remember how I made an easy profit. But it was not long, then I had to work a lot and it was not always possible to earn money. As for deception, everything is correctly noted here, there are a lot of promises that are not fulfilled and in order to get profit now, you need to work a lot, analyze and be able to act correctly in a given situation. |
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We all know that we can get free bucks on these "bounties" since a long time ago. But today, is it still worth it hence there are so many cryptocurrencies like millions of them I i'm correct.
I wonder for you guys who always participate in bounties, I really want to know your portfolio's.
Pls no shitpost here for your signature campaign thing so people know your real opinion.
For me, at the moment, participation in bounty companies is the main job. I started my activity in the bounty in the middle of 2017, and of course now bounty companies do not give good profit, moreover, work in the bounty company has been aggravated by new problems, namely, a significant part of bounty companies do not want to pay or are constantly postponing or delaying payments. Personally, I believe in the crypto industry and therefore continue to take part in bounty companies to help the development of the crypto industry and of course to make money on it. I really hope that in 2020 and beyond, there will be reliable and successful companies on the bounty market, and the administrators of these companies will fulfill their promises 100%. |
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Guys
these days heard lots about Defi ?
what do you think Defi have some real use cases if yes
would you think its good to invest in it ? The DeFi direction itself has a number of advantages, especially now that more and more crypto platforms are becoming like ordinary centralized projects. But that doesn't mean that all DeFi's are. I've noticed that many platforms are trying to claim the DeFi title, which immediately raises a lot of doubts. I would not rush to conclusions about DeFi, but simply studied this direction in more depth and, based on the information received, I joined one or another project. |
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