SEC fined Steven Seagal for advertising ICO. The actor did not disclose information about the funds received for the promotion of the project, which could mislead investors, the Commission explained.
Since the ICO, the price of the Bitcoiin2Gen token advertised by Segal has fallen by 99%.
do you think celebrities know that they advertise scam projects or they just don’t understand what they are doing? I think this is a big problem for the market
I believe that celebrities participate in advertising just for the money. Unfortunately, I also previously believed that if a celebrity offers a product or service, then it definitely deserves trust. However, I now understand that most of these offers are fraudulent. It’s time for us to become professionals and not believe everything that is said and shown to us by celebrities and media personalities. Obviously they want to deceive us and take our money. |
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Since 2018 I have seen many new projects that come into crypto space with half plan and got the rest on roadmap, developers should stop this bad habit of introducing projects that aren't finished yet because many of them only get abandoned in the end, some have bad intent of grabbing money from ICO or fundraising and run away
To all investors out there think twice before you invest your money on projects that have promising future but haven't reached half way of production already, they are mostly red flags
You're right! Most crypto projects really enter the market simply by enthusiasm without even having half their product. Most likely the admins of such projects believe that it is enough to promise the golden mountains and people will bear their money. Yes, it used to be, but now everything has changed. Now investors are better at exploring projects and without real opportunities they don’t enter. I myself take the project very seriously and 90% of them I miss. |
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Yes, I know that there are many coins , and everyone has a favourite. But with the Ethereum 2.0 upgrade close, the move to Proof of Stake and the performance improvements promised , is now the time to get seriously into Ethereum ? I discuss this in the following video , as well as the opportunity it provides : https://youtu.be/O8gTpGu9D_cBy the way , if you forward to 13:15 I also share my equation for getting Bitcoin at a lower price I believe that if you are considering one of the most successful and promising altcoins, Ethereum is an excellent choice. As for the time has come to start investing in ETH? I would say so, ETH should be taken when the price is lower, since sooner or later the price will go up. Moreover, in anticipation of a new flight to the moon, ETH can show an excellent result. |
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We all have a new hope for crypto this year and no one saw coronavirus outbreak coming, if this isn't contained anytime soon all dreams might be nothing but dreams this year, Coronavirus ain't helping at all
As I understand it, no one at all understands what a "caronavirus" is, which as such does not exist at all. Well dalad, many do not mix up what is happening under their nose, for seeing what is happening in the world. Well, let it be so. And how should caronovirus help? And in general, why did you take that this whole story does not help the crypto market? Perhaps just one turn? You just don’t notice it yourself? Nowadays, as it’s not strange, it’s just that nothing happens suddenly and if you still don’t understand it, then you won’t understand anything at all. The whole story with the "caronovirus" curtain, behind which very important actions take place. But no one sees them, because they believe everything they say on TV. Let's wait and see the result of this whole theater. |
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Hello guys, having been here for a while now, I feel that having a higher percentage of your portfolio on bitcoin and maybe the rest 30 or 35% on already good and established altcoins like ETH, BCH, Stellar, brave. BNB, Vchain, etc, is a good way of staying away from useless projects. I have come to an understanding that running after new promising projects always leave you heartbroken in 97times, and running after IEO to quickly make up for past losses lead to more havoc on your fund. So stick to the safe zone.
No matter how sad it sounds, you are right. New projects are now one big upset for investors. Unfortunately, practice shows that there are almost no successful crypto projects. Of course, we can say that the crypto market itself, which is at the bottom, is to blame for everything. But on the other hand, there still have to be new crypto projects that would really be in great demand among the community, but apparently there are none. Of course there are those who promise growth, but they themselves believe in it? Nevertheless, such old cryptocurrencies as ETH, LTC and others are the best choice for investors. |
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As per my perception here is a lot of investor/trader who was comes in at early 2018 or may be in mid of the year. That time was the best time of crypto and ALT coins too. But later on this scenario was converted into downtrend and all coins were falling simultaneously. It was cause of FUD, huge movements in Bitcoin due to whales manipulation. As a result our portfolio was reduced on daily basis. Mostly people were hoping to bounce back market around their buy potion but this was not happen at all.
In that time how we confirmed our loss? When we were realize that market is going up and our coin is not moving we sold it and jumped in running train,
there we confirm our loss.
What was we need to do there was only patience. Because every coin always give you a chance to be survive your self by bouncing back near your buy rates.
Anyways past can't changed. If you are still try to keep you alive in crypto is keep calm, Trust in your choice, and HODL it. One more thing you should be in
a very potential coin, if you are HODLING shit coins, So you need to be brave and jump into a better coins.
Hope this will help you.
You're right! The only way out of this situation is exposure and the presence of top cryptocurrencies. However, I also managed to fly to the moon at the end of 2017 and later saw a fall, and also hold some coins from those times in the hope that they will increase their value. But now I understand that the crypto market has moved to a different state and now new cryptocurrencies may not give a price increase at all, but rather go down. To do this, you need to translate everything that you have and what you don’t believe, for example, in BTC and ETH. |
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The Fifth Anti-Money Laundering Directive (AMLD5) will soon go into effect and it will inadvertently boost the cryptocurrency industry in the EU. Under the new directive, cryptocurrency-related companies will be treated like any other business. The blockchain sector has always seen regulation as the greatest roadblock. However, the latest installment of anti-money laundering laws in the European Union could change things. The Fifth Anti-Money Laundering Directive (AMLD5) was officially signed into law in July 2018 and came into force on Jan 10 of this year. It groups all virtual assets and their providers as ‘obliged entities.’ According to Forbes writer Pawel Kuskowski, this places the cryptocurrency sector in the same legal category as banks, payment processors, gaming, and gambling-related services. In effect, this means that cryptocurrency-related businesses will be treated like any other. However, the AMLD5 goes further in boosting protections for the cryptocurrency industry. Banks now have to provide valid, individual justification to refuse services to a particular customer. It cannot simply ban services with cryptocurrency-related payment processors or companies. This will mean that millions more will finally be able to purchase virtual assets without bank meddling. What do you think about this? Also if you want to read the full article where i found the information, you can click on the link below. https://beincrypto.com/new-eu-law-will-make-it-impossible-for-banks-to-ban-cryptocurrency-related-transactions/For the crypto community and the crypto industry as a whole, this is of course very good news, but you still need to understand why the EC decided to make concessions for crypto. As far as I know in the EU, as in the USA, the situation is very poor. You may have heard of the recession. So, the EC, like the United States, is pumping up its economy with money that you yourself understand are especially worthless. All this leads to the fact that very soon an international economic crisis may occur, where countries and their money will collapse. Perhaps it is this EC directive that is the lifeline, not only for the EC itself, but in a sense the banks themselves. So we need to get ready for the fact that we will soon be swapping 1 - 2 years, there will be big changes in the financial sector in the world and cryptocurrencies will play their part in solving the problems that have arisen. |
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As the crypto community become smart, scammers are not just sitting there. They are making new plans to scam people. Recently a smart scam idea they whelp and that is youtube live streaming! Lots of people are falling those scams even one of my crypto mentors shared that link to participate!
Scammers are hacking youtube channels which have at least 10K subscribers to 80K! Then they collect some famous crypto meetup or interview videos! Later they make live streaming with that downloaded video, and announce a giveaway of 100K BTC or 100K ETH, BCH, XRP and so on! Can you imagine how smart this shit idea is? However, at the corner or left side of that live streaming they add a live transaction banner where you can see that if you send 1 Ethereum, you will get 5 or 10 Ethereum instantly!
If you ever fall in that trap means you are done, you fall in the scam and lost your money forever! Guys, be aware, always check a coin's official twitter handle to verify every giveaway! Don't fall in the scam, let scammers cry and die!
Lchino, I hear for the first time about this type of fraud, perhaps because I personally do not go to such meetings. But if this is true, then the scammers are really getting smarter before our eyes and come up with new schemes. I know for sure that now you need to protect yourself and your social networks from hacking, for this you need to set strong passwords and put protection in the form of SMS alerts or 2fa. Unfortunately, I personally know people who will not miss the temptation to go to such a meeting and try their luck and they will fall into the hands of scammers. All this is sad, but do not despair and you need to know more about scammers and their schemes and inform the community. |
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Becareful fellas, new projects are now showing up just because of the Bitcoin hype growing around the internet, the FOMO is alive and no one wants to miss out, now new projects are joining the train as well, behold 'its all about money making' ,do not entirely put your trust in new projects, even new bounties are showing up too, I pity you if you don't know how to patiently do some research
You're right! There is no confidence in new projects right now. The fault is the policy that the admins of such projects carry out, they simply collect money and say goodbye to the community. Deception has generated this distrust and now every participant must understand this. I am also considering new projects for participation, but now I am very attentive to the selection and I skip almost 90% of all new projects because they look very bad and do not inspire confidence. |
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