|
many bad projects fail when collecting funds, but there are some bad projects that succeed in deceiving traders and investors as happened some time ago the bcnex exchange site project was finally a scam and failed which ultimately made many people lose.
|
|
|
|
|
The method used so far that I know is a lot of the methods of the sweepers to commit fraud because their target is new traders who don't have much experience in any way that they will be affected can get a lot of profits in a very fast time by using KYC and others, you should know that from the identity you give them thieves can use it to commit crimes without your knowledge.
|
|
|
|
Yes with this. So many time bounty hunter got scammed by shady team that literally want to use bounty hunters for free.
A lot of projects cheated and used bounty hunter for free. Recently I saw a project that was Insure, after they made a bounty for 1 month, suddenly they stopped and declared not to pay bounty hunters, obviously they are a big scam in this market. Hopefully their project will quickly collapse and no one will invest in them That is what makes many projects worse because the good name of the cryptocurrency project has been used for crime, which ultimately makes many investors who have been disappointed with an existing project that no longer trusts the crytpocurrency project. |
|
|
|
Bankroll investment are certainly profitable in long run but the problem lies in keeping the money in the gambling site and not to gamble. I mostly end up gambling any investment money I put into the sites. Bitvest has an option to lock investment upto 90 days and I think it would be better if every of the bankroll offering sites let users to lock their coins for x days and probably an option to directly send profit or the whole investment to wallet without divesting it into the casino balance.
if you only save your money without using it to gamble then you will find it hard to grow your assets, at least you do a little gambling so that you can grow your estimated asset value and can make you rich. |
|
|
|
since we can play without using physical money, it helps a lot because we eliminate contact , from one person to another, you might get infected if you have to give the bet or put it in the table in front of the person who is infected in a room , making it dangerous , from example you have to pay bills instead of handling it personally you can pay it via wireless from home by paying it , with crypto you are at home paying bills, and many more you can buy goods also , so it helps a lot in this kind of situation.
indeed when conditions like this if you want a better transaction using a digital currency such as cryptocurrency or others but you must know that not all products and sellers that accept payments use digital currencies such as cryptocurrency. |
|
|
|
USDT is a centralized stable token that's why it's remain less volatile like other stable coin, it is safe cause it can save you from market dump, USDT can be used to protect your investment against unfortunate market dumps but it is not a good idea for holding usdt for a long time cause it is safe but not like Bitcoin or ETH.
although such stablecoin cannot provide a guarantee that the price movement is always safe, there will definitely be price movements that can be frightening and make many traders panic, the benefits of usdt are also not too fast. |
|
|
|
|
many projects often do like that, you should be able to mark a project that is scam or not so that if one day there are projects like that again then you will not be surprised, it's usually the fault of the developer who is not too ready to launch the project.
|
|
|
|
One of the core troubles accustomed to traders of crypto currency is their mindset.
Believe me, as a trader, you need to be confident and always trade to win and make profits.
Never have it in mind that you are trading to lose, develop a strong mentality and always dyor
Your mindsets determines what you see on a trade chart anytime
I agree. As a trader we must have a strong control with our mindset as well as being able to hold into our emotions not to affect that decision making we are going to decide. Always have an optimistic approach at everything and do not doubt your decision into the trading strategy you have made. Always think that you will going to make profit from every trades although the reality is there are risks that can be associated on doing such, like experiencing loss. Always have in mind that loss is part of trading and investment but it must not discourage you to continue what you are doing. If you already experienced great loss, pause for a moment, think deeply and observe on which part you must improve to be able to gain profit the next time you do trading. Never give up on trading, just be confident and never doubt yourself. unfortunately there are many new traders who cannot control their emotions so they are still often affected by the situation of market conditions that suddenly rise or fall, traders should buy when conditions fall or do not have a price increase because when such a potential will get caught in the price high and will make traders lose. |
|
|
|
|
regarding payment issues for bounty campaign participants, I think it's often explained when at the beginning of the thread, at least if you become a bounty campaign participant, it is often to read information so that you will find out how to pay, if someone has done an escrow it would be better.
|
|
|
|
CMC's joke may be harmless but with Yobit even though it was a joke, it is also a joke that can have a bad influence. There are many complaints about Yobit, which made me have a bad impression about it. .
of course Coinmarketcap just wants to do a joke because this is April and every April there will always be an April Fool's celebration so for the old traders surely not too surprised by developments like this. |
|
|
|
This is a very valid point for the long term. It's like capturing the whole crypto market and controling it. I also think it's dangerous z for now it might be helpful but lateron its dangerous. At the end of the day I hope we will have the freedom we thought we will have. Let's keep watching.
It caused by this is a potential market that still has a lot of room to grow. As far as i know, if binance has a lot of resources to do that. In my opinion, the current step that has already taken by binance to acquire the CMC is also a big move to spread the binance service widely. Binance is wanna trying to monopoly crypto. well maybe this is april mop because it seems impossible if the coin marketcap acquires by binance, hopefully what I'm saying is true because if not then maybe the binance exchange place could be threatened because it would definitely be disliked by many other exchange places. |
|
|
|
I'm not losing my confidence here and I'm not giving up from being patient and as well as the trust for crypto.
This pandemic issue that causes a devastating market fall it actually be over in the coming days, it can't be forever as I know. This year is still full of hopes that we can make another ATH but I think it was so much for that cause we are still in the crisis. We either live that kind of optimism but shouldn't have to expect it. Yeah, we can witness a market surge but not just like what it happens in the previous halving.
this year a lot of disasters that make mankind reduced, at the beginning of this year we were horrified by the presence of viruses and various problems, while at the end of the year there is still a potential for disaster that could spread and possibly also the destruction of digital currency technology, so it must be careful when you want to do something this year. |
|
|
|
we must do another job beside bounties when it not worthed again since bear market come. less campaign that give us worthed reward with our work for several months, or even some of them be scam projects and we got nothing. depending income bounties make our income unstable, and we have to find another source income from regular job.
well, I agree with you because for the time being the bounty campaign is not giving very good results and many scams even bounties rarely exist, so if your economy depends only on the bounty campaign it will make you difficult, at least you must have a job that can provide you monthly income so that economic conditions will be guaranteed. |
|
|
|
BTC is a good catalyst for it. Then btc grow the whole market growth
Bitcoin is always a good catalyst, way back 2017, during the sweet bull run, it pushed all altcoins high in price, value and volume equally. But you cant always rely on bitcoin, which is why few tokens dump more, even when bitcoin grows. Hence the need to dyor Tokens are being dumped because they have no reason to exist but for the devs' pockets. So even if bitcoin increases, they can't catch the train. Most of them will continue to fall. So I think the good catalyst is the project itself, if they have good foundation and valid reason to exist, they will be valuable in exchanges. that I know there are many possibilities that make the price of a token dump or collapse, the developer may resign or leave the project and there may be no clarity about the project being developed so that makes many investors disappointed so that the price of the token collapsed like that. |
|
|
|
too many scam projects are the main reason why many projects fail during sales and some IEOs are also carried out in exchanges that have a bad reputation, besides the nonsense of some new projects makes investors lazy to invest
failures of new projects do occur often because there may be no support from the developers and projects that can be developed can not provide a solution that can provide benefits to its users so as to make the project fail. |
|
|
|
A good crypto project is enough to change one's life so why not take the chances?all i keep doing is making sure i get a share hold of very good coins or tokens with real use case and yes i did have many coins but i believe that a good crypto project is all we need. Am I doing the right thing?
It rarely happen that one single coin increase price high and if there is then you can't pick exactly that coin. In common all coins will increase price in bull market, and top good coins will increase most. So you should choose good coins, top altcoins and exchange tokens are recommended. it is difficult to be able to determine what coins can make a price increase because for the moment I see only bitcoin can do it all while for altcoin no one can provide a guaranteed debt, so if you have a lot of coin list then you should be able to minimize so when the coin go up so the luck will be a lot. |
|
|
|
This kind of thing is familiar to my friend, many IEO or ICO projects that after being listed on the market always experience a high drop, and that is something I usually see, yes 70% of all IEOs are currently like that, but if you join IEO from Binance, Okex or Bittrex will be a different story
I think that caused it all because of lack of support from the developer so that many projects whose prices collapsed, a project should be able to get support from the developer so that it will trigger investors and traders to invest and enter more so that surely the price will be stable or can go up . |
|
|
|
Is high rewards like 350,000$ for bounty hunters still possible this days? I know it's all down to the success of the project but is this still achievable? How many successful projects with such reward paid hunters since 2018 that you know?
Did you ever check tachyon protocol and recently blockburn both are good campaign but whole bounty allocation was only 15k-20k USD. Some bounty allocation more than you deserve 350K. If you can hunt bounty from now and hold it for next bullrun than I'm sure some good reward will possible. if you can participate in a lot of bounties then I make sure you can get a lot of results, for example you can participate on facebook, twitter, articles and youtube campaigns, it is really difficult to do it but it never hurts to try and try first, because the effort will give satisfying results. |
|
|
|
The virus is the main reason why I'm in worries about crypto right now, it's certain that some projects will have slow development from now on and it can take more longer to see a project reaches its goals
In my opinion this is not one of the main reasons for new projects because before there wa coronavirus many projects experienced problems when developing and many teams gave up so as to make the project must be abandoned (scam) indeed the 2020 bounty campaign is not like the bounty campaign in 2017, this year's bounty campaign has too many projects to fail and there are no investors interested in the bounty campaign so the bounty campaign condition is no longer present and it is really terrible if one's economic condition depends only from the bounty campaign, the current economic condition is not good. |
|
|
|
I like to invest some altcoins of this time (eth bnb Pundi X bnb xrp btc atom zcash and tron) really everyone great promising altcoins. Don't spend your money for new altcoins and others shitcoin because our money is the most important with we need makes profitable also.
I think it is not safe if you invest in lots of altcoin, I prefer to invest in a few altcoins because I realize that altcoin is too risky and there is no guaranteed profit that can be obtained so I should be careful when buying altcoin, now I save ethereum and tron for long-term investment. |
|
|
|
|
Show Posts
