Being timely on investing in projects always pays, although, it is to projects that one has carried out research extensively on. I think DeFi is great but is gradually becoming over hyped and it will most definitely attract some insincere people and that is where investors may face some degree of challenges. Research before investing.
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The majoor reason why people get scammed is Greed and none other. Even when you have a clue of "how it works" and you still want to deploy the greed into it, you will still get the vibes adn feel the heat. Greed is the major problem that drags people into being scammed and until that greed is visited, it may never be a win-win situation for anyone who is under such attitude.
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Whatever the market makers like, let them exhibit and whales pumping should continue pumping, i am very sure we will be in at the slightest deep as we have sold off at "Highs". It is called trading and most times this kind pumping gives the excitement in the crypto business of tading. Let it keep the trend.
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The deflationary feature in the token, irrespective of the option chosen to deflate the token with, whether it be burning on a specific timing or percentage destruction on per transaction. i just see that feature as a way of giving it value but it does have need for a solution and that is the main use it has in the real life else its just a waste.
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We are in the DeFi projects session, right? I'm very curious to know how new projects realize that this is the time for DeFi projects. One legit project can build a coin in a few days. So many projects have focused on the DeFi system. My question is, are these projects legit or is it just a plan to grab the investors' money on this DeFi hype?
People always act like the door is closed and just one person is attempting to open it and when he does, there is this unpresidented rush. DeFi is a solution to the Banking system and it has so much hype and I personally feel that loads of projects coming on the platter of DeFi isn't really clear on the DeFi system as they just want to grab bags and make some good money apart from poeple solving problems in the DeFi space.
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i will advice you not to carry all your eggs in one basket as it is not a wise investment strategy. I will advice you diversify your investment into different projects and ensure they you do adequate research before investing but ake sure you do not have all your investments in one basket.
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Names matter. Apart from superstiteous beliefs of names having either positive or negative impact on people or things, it is also of great concern in the crypto space. Although, I once had a strong disparity towarrds my current standpoint of the names and its effects but now i see the obvious and better under that it has great effect even in the crypto space.
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At least 870,000 bitcoins are associated with illegal activities. This is about $ 10 billion. - Darknet marketplaces - 585,000 BTC.
- Stolen bitcoins - 204,000 BTC.
- Scam project organizers - 98,000 BTC.
- Other illegal activities 3,000 BTC.
https://markets.chainalysis.com/#risk-illicit-placementOne day, all these bitcoins will somehow hit the market. I have seen and heard severally that loads of fraudulent acts are now aided through the use of virtual or digital currency but that is not to say that Bitcoin has bad tenets. People frankly use money for whatever they deem fit as long as it is unde their possession as their property. i personally don't see the need for attaching bitcoin to things as these because the dollar is never metnioned in this context.
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I ALREADY know someone will say to "do it yourself", and I get the sentiment, but am primarily getting for employers - not for myself. Personally I want to have a masters as well - as I feel my economics degree is not enough. Basically I want to focus on the nontechnical side of cryptocurrency - so applications of blockchain, Fintech, token economics, economic policy even. I know Bitcoin is inherently a cryptographic application and it's pretty technical so I'll likely have to learn a little bit, but economics is where my interest lies. There's a few degrees out there and I've honestly only taken a look at two: 1. UNIC's Master program 2. This South Korean One - http://www.assist.ac.kr/MBA/Digital/curriculum_introduction.php The reasoning behind the first one is simply the speakers there, namely Andreas. Reasoning behind the second is a bit more deep: - I've been studying Korean for a while now, so I think it's best to play to strengths. - I'm bullish on Korea. I see Korea becoming a hub for crypto - just see what they're doing with Moon's Digital New Deal plans. Again, I know the view on academic degrees in the community is not good but EVENTUALLY there will be a need for academia in Bitcoin - so please look past that stigma if you can Thanks in advance i am so glad i am seeing someone that has similar view with me on this. I have been looking at acquisition of skills set in the said tech area but more considered is a degree. Though it is not a regualr thing but then in its scarcity comes the glory of it. It might take me a timeframe to get on and through it but I will definitely visit it.
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The Bitcoins stolen via twitter on that faithful day may have been a negative flag in the minds of people and deterred loads of people from approving of the blockchain driven approach they were onced presented with but I thank the authorities for restoring the confidence in the technology and stating clearly that the attack was not on the technology but on the psychology and minds of gullible individuals.
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Ethereum is one of the most popular smart contract platform hence it has various apps related to decentralized exchanges, lending platforms, derivative platforms, payment platforms, and blockchain games. In case, Ethereum wallet plays a major role in interacting with these dapps so, selecting the Ethereum wallet is confusing . Therefore, here I will present the best Ethereum wallets categorizing the desktop, mobile, hardware, and web or online. Desktop- MyCrypto- ETH, ERC20, ERC 721
- Atomic- - ETH, ERC20
- Exodus- ETH, few ERC20 tokens
- Gurda- ETH, ERC20
Mobile(iOS & Android)- Trust Wallet - ETH, ERC20, ERC 721
- Enjin Wallet- ETH, ERC20, ERC 721
- imToken- ETH, ERC20, ERC 721
- Jaxx- ETH, ERC20, ERC 721
- Coinomi- ETH, ERC20, ERC 721
Hardware- Ledger Nano S -ETH, ERC 20 with thrid parties
- Ledger Nano X-ETH, ERC 20 with thrid parties
- Trezor Model T - ETH, ERC 20 with thrid parties
- Trezor One - ETH, ERC 20 with thrid parties
- Keepkey- ETH, ERC 20 with thrid parties
Online or Web- MyEtherWallet - ETH,ERC 20, ERC 721
- Blockchain wallet - only Ethereum
If you want to know in detail about the above wallets features, pros and cons, So check out the best Ethereum wallets try in 2020. i kept a closer look to see if Token Pocket will be mentioned amongst the mobile devise wallets but its unfortunate it didn't make the list. Although TokenPocket isn't mentioned in the list it happens to be one of my most favorable and most cherished wallets i ever used. you can give it a try and you will understand better.
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I do not think google is to be held accountable for the content it currently hosts as it is only a platform that people levergae on. The content on google servers are put in by people and not by google so google is not to be blamed for the shortcomings. but people should be aware of what they are about to get involved in and get remedy as to that effect.
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Invest in projects that you have sufficient information on. Most projects aren't actually worthy of your investment but how can you tell when you have no idea what their use case is simply because you refused to research on it. I have been a victim of such a project before and I lost a huge sum of money and that has strenghtened me in my investment decision making.
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Last week, I found an airdrop project in Telegram called Marco Protocol, the airdrop looked decent at the first stage, I earned 200 MAPC tokens and that was instant! But you only can withdraw from your MAP wallet when Airdrop program will end, that's good, I am okay with it. Their airdrop tweet got 8K retweet and 9K likes, so, you can understand how hype it had! But yesterday, they announced they are going to sell Bitcoin at a 50% discount to celebrate the halving. Can you imagine? 1 Bitcoin price is 8600 USD, people can buy by 4300$! I believe This is absolutely scam but many newbies already have fallen for that! As they saw MAPC has huge support in twitter, and they listed on CMC too. 50% off announcement: https://t.me/MAP_POB_channel/87Bitcoin at half the price, are you serious? Are they creating their own set of Bitcoin or its the same twenty one million bitcoin that satoshi nakamoto created that they intend to sell for a fifty percent discount when Satoshi himself did not auction and the whole world is still looking for the bitcoin even as the prices are still skyrocketing.
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If you are a newbie in crypto world you are bound to make some mistakes but this thread is for you on how to avoind making those mistakes
1. You dont want to skip the learning part- You need to have an idea of what youre going to even if it is to make a research about it. You have read about an asset before you invest in it to know exactly what they are building.
2. You want to avoid using the wrong crypto exchanges. This is one thing you want to avoid because it can make you lose all your assets. You need to research about the exchange before even registering. Some exchanges have fake volumes and are not transparent enough.
3. You dont want to rely on a single coin- Diversification is very important when it comes to investment. You dont want to put all your eggs in one basket.
4. You want to avoid the fear of missing out (FOMO)- When you see everyone buying a trending coin you dont jump in, it might too good to be true
5. You dont want to forget the basic security. Keeping your private keys safe is very important. As a newbie you should understand how important private keys are. Also 2 factor authenticator shold be added to all your exchanges
Most times people also invest into tokens just because they exist in some exchangers that are seen as top standard and over time, they get delisted also because they lack transparency and maybe their team encountered a challenge in-house and they decided to compromise the project. Always ensure to follow up on projects even after investing.
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Trust Wallet is the famous and most downloaded wallet right now. Everybody knows they've already issued their BEP2 based utility token Trust Wallet Token (TWT). They recently distributed tokens from referral campaign. Almost 63.5K holder currently holding their TWT tokens. I've also received my referral earnings. What your perception on TWT token? What will be the probable value when Binance list TWT token? UPDATETrustwallet TWT token is currently listed on 5 exchanges with 9 market pairs. The following exchanges list the TWT token, 1. MXC 2. Biki 3. Hotbit 4. Bilaxy 5. Hoo.com See more details here: https://www.coingecko.com/en/coins/trust-wallet-token#marketsKeep in mind this listing are unofficial. There is no such listing announcement found or given from developers. Since Trust wallet have been bought over by binance, I do not see a challenge with the Trust wallet native token having any problem as it is more of an in-house token of the Binance agency and therefore has an edge over every other thing wallet token that may be considered for listing.
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Before I joined this forum I am into staking and mining but gave up on it because of the cost and besides some miners are mining up with their rigs and adding more machines I only have one then a friend invited me to one project where everybody can only mine using one computer you cannot add more computers because every 15 days you need do validation so you can mine you cannot validate all your computer unless you hire people to do it for you. The name of the coin is IDENA go chek it out and don't go late mining https://www.coingecko.com/en/coins/idenahttps://t.me/IdenaNetworkPublicAnnouncement https://t.me/IdenaAnnouncementsi am also into the idena mining process although i just started by downloading the wallet and trying to syncronise it but then i wan to go beyond that by making it a node and validating it. please can you help me out with the activation and validation. i will be most grateful if you happen to inform me on the latest and easiest way to do things.
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Hey
Where do you go and check for cryptocurrency predictions? Besides trading view of course.
i can't seem to find other good pages..
when it comes to predictions in prices of cryptocurrencies, it goes beyond tradingview.com. you have to do more of an extensive research and also the necessary follow up on the team and the implementation of their roadmap and make sure they are keeping their community updated, as the market prices is determined by the market forces which is also the holders of their native token.
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Coinmarketcap now has a display for DeFi Tokens by Market Capitalization. ( https://coinmarketcap.com/defi/) It's just how they define tokens to be DeFi though, And do you think it's a complete list or something is missing? I think this is great though, specially for those who are not familiar with this new hype is crypto market, so good job CZ (although sometimes I think he is becoming too powerful!). To get enlisted in coinmarketcap.com there loads of criterias that needs to be satisfied before they get to consider before you scale through, whether it be an exchanger or a project. It is therefore not correct to say that coinmarketcap.com has the complete list of all the projects and exchangers currently running. However, they may have a good number on a percentage scale but then, there still exists projects that are yet to meet up with their conditions and get enlisted
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It is been more than a year now. Many bounty hunters participated in BitAgro's project bounty managed by MKH Bounty manager. I still see the AGRO coin trading on exchanges like AltemX, ExMarkets, Jewex and Waves DEX at around $0.06. As it continues trading for the last one year, we can not call it a scam project. What I feel that project has turned back and not given rewards to any bounty hunter. There is no response from the project side via email or other media. Just want to know if there is someone who also participated and awaiting bounty payment and there is any way to get it.
you seem not to have been in the space for a while. they are not consistent in the habit of not paying bounty hunters for joob done. We have also decided to over look loads of projects coming from bounty managers that cannot stand to protect the interest of the hunters who registered under heir management to promote projects. It is appauling and also unacceptable but if there be any way one can reachout directly to the team then it is also welcomed.
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