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Bounty rewards amount varies from project to project, some projects are still offering good number for tokens for promoting their project. I received 168000 HBRS to bear their signature and I think this reward is not less, if I come to ICO price calculation then its comes around $5000. The biggest problem is the price of any ICO is not moving up rather its dumping like anything, so the bounty rewards carry very less value. Although some project has reduced bounty rewards to protect their token price but I think its not working. Prices of new projects still dumping even when bounty rewards are not distributed. We should patiently wait for the next bull run in this scenario.
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Pundi X (NPXS) is the coin which inceased my investment around 10 times in mid 2018 when crypto market was going to south. Unfortunately I did not withdraw all of my profit and it came back to same price. Pundi x is a very nice and active project since beginning, its team is very actively involved in envelopment of different products and they offer very good staking program too. Pundi x can be a very good investment if someone is looking for a long term investment.
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Just remember good traders are those which wait patiently to find the right time to buy of sell anything. Bitcoin has started recovering after a a long downtrend so its obvious many technical experts will be keeping eye on it. Personally I do not follow any technical expert blindly because all of the are not accurate instead I study the market myself and take trade based on it, if it goes into loss I just accept it. In my opinion BTC has already found a bottom (I mentioned it in my previous posts as well) and after a long sideways trend its now time to see a bull run.
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It is true that most of those who have tried to earn bitcoins through trading, have done so through the exchange of cryptocurrencies, however it seems increasingly difficult to obtain good profits in this business in a market as unique as the crypto one.
That is why I would recommend to all those who know the technical bases of trading to try a more stable and predictable market than the Crypto market, and that is the Forex market, where what is exchanged are fiat coins.
And fortunately there are Forex brokers that allow trading with denomination in bitcoin, making deposits and withdrawals in Bitcoin or even trading cryptocurrencies as CFD.
The important thing is to look for alternatives, and this is one of them.
You have just narrated what I am doing currently, earning Bitcoin through forex trading. No doubt forex is much stable and predictable market than crypto currency but its is very risky too because people take over margin trades and a little correction of the market leads to account loss. If you are a good trader you can earn much more Bitcoin in forex trading. Many brokers give opportunity to deposit funds through Bictoin and trade all currency pairs with BTC as base currency, there you get dual benefit. First you make profit through trading, second if value of Bitcoin increases, its an ice on the cake but vice - versa is also true. |
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Ethereum is surely a potential crypto currency, $200 is very low price for it. Most of the cyrpto projects are being launched on ethereum blockchain, transaction on Ethereum network is very fast and easy. I do not see any reason that Ethereum price remains stuck at current level. $200 level is not far away for ETH and it may come at this level within 1 month and with in 1 year its price may be much much more that $200.
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I can't say I'm surprised with such decision of government of India but I'm pretty much convinced this is not peemanent. At the moment they probably don't know how to deal with Bitcoin and other cryptocurrencies but I'm sure they are looking for some kind of solution, maybe from examples from other countries.
Anyway, to my opinion that will not stop Bitcoin users in India and nothing much will change. There is no room for panic.
I strongly agree to your point, Indian govt is perhaps not prepared yet to deal with use of Bitcoin and cryptocurrencies and its related issues thats why they are not in hurry to legalize Bitcoin. India is a big country in terms of population but only a few people are familiar with blockchain technology, yes some of people have heard about Bitcoin but for them its just an investment and that too thr some third party in which many frauds happen, even bank people are not aware of blockchain and its use and that may be reason Indian govt has not taken any decision to legalize Bitcoin. |
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I appreciate Joel Ortiz tech skills, Its not easy to hack crypto wallets of 40 people and that too for this high amount but he used his skills for the wrong cause and for this reason he has waste his 10 precious years in jail. If he could have used his skills in positive manner then he might have opened his first door towards success. Stealing someone's hard earned money is a crime and Joel Ortiz has to pay for that.
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Did not have 2FA, Fucked up  . Attacker gained access to email and reset my exchange password. Pretty sure that makes me screwed. Sorry to learn about your lost funds.The biggest mistake here was that you had not enabled 2FA authentication to your mail id, by gaining access to your mail id ,your other accounts may also be on stake. If your mail password is still working just change it immediately and set 2 FA to all your mail ids (including backup mail id). I can understand of having 1 tier security to your account if little funds were kept there but this amount was in 5 figures then 2 tier security should be there. |
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I am a forex trader and trade forex based on technical charts. I am trying to use the same concept in crypto but I am unsuccessful so far. For me this BTC dominance concept to trade BTC/altcoins is new one, it looks good, I will surely give it a try once I understand it. Thanks for elaborating this concept with examples but I still need to study it more. I will be looking for some more charts from you.
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as a newbie, i don't know where to buy bitcoin and trade it from, i hope you can help me  You can buy bitcoin with local currency from any p2p platform like localbitcoins but be careful about selecting seller, traders with more transactions and high positive feedbacks are safer to do transactions with. Although escrows are put into some middle wallet after initiating and before completion of any transaction but still one needs to be careful before choosing trader on p2p exchange. Once you receive BTC in your wallet, you can transfer them to any of crypto exchange like Binance, coinbene, Bit z, Yobit or any other good exchange and trade with the pair of your choice. |
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I do not really agree to the thread starter statement about pollution from Bitcoin mining. What amount of pollution it produces? I think only the pollution he can talk about is global warming because of high end equipments used in BTC mining. It is not wasting any energy rather Bitcoin mining is utilizing it. More pollution is caused by vehicles we drive or the large manufacturing industries, we need to focus on such areas rather than talking about pollution by BTC mining which is in no way justified.
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Undoubtedly BNB coin is one of the best choice to invest now a days, some days ago BNB was trading at $8 and now its $24. Binance exchange is most trusted exchange in crypto world, despite of having higher listing fee, good projects are opting their listing on Binance. BNB coin has potential to grow like ETH in 2017. I agree to the point that BNB coin can touch $100 in near future. BNB coins value was not much reduced in bear trend on 2018 whereas most of the altcoin lost their value around 10 times.
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Unfortunately this is the story of most of the people associated with financial markets, buying late and selling in panic. I think its better to suggest someone to buy BTC or altcoins if your analysis is good about it but if one is not ready to invest just leave him.We should also tell about the risk involved before suggesting anyone to invest in Bitcoin/altcoins so that investor invests only the amount which he/she can afford to lose. I suggested some of my colleagues to buy Bitcoin when it was $1K but none of the bought it, ok that is their call, if someone is not ready to take any risk let him not to take, thats it.
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As someone said in previous post this organic growth of Bitcoin seems better than inorganic growth in 2017. Panic selling is more prone in inorganic growth which happened in 2018. I did not study about golden cross but I have been saying this in many of my last posts, $3K seems bottom and there was sideways trend for many days after a long bear trend, its very much possible that a bull run may may come sooner of later. I hope we will enjoy Bitcoin springs soon.
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I have been trying to watch some YouTube videos about crypto trading and also tried to read some articles to understand the different indicators but one thing that baffles me is that most of them claim to have made lots of money from day trading, and yet they continue asking people to subscribe for their Premium content for $100,$150 etc
If they claim to have made lots of money through their good trading strategies then why do they ask for money? Is it too much greed for more money, or they are simply lying about making money from their strategies?
Its very simple this is not greed but they are just lying about their strategy. They might have earned a good amount for a specific period but they are not able to tackle every market situation. By showing their profitable statement they are just trying to lure people. By selling their signals for money they are always in win win situation, first of all such people are charging for giving you trading signals, secondly they are playing with your money. If trade goes into profit they will make confirmed subscription for next period and if trades goes into loss, its your money that is lost,they have already charged for their services from you. |
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This bear market hammered me a lot. I lost more than 90% of my portfolio and above to this I have only received around $200 as bounty reward since July2018. Many of bounty projects I joined as turned scams and the rewards which I received in 1 -2 project lost their value after hitting exchanges.
In late 2017 payment from bounty projects was awesome, it was much much more than my salary, I did not feel lack of money that time, this bear trend took it all.
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Trading indeed is good choice for regular income instead of bounties but trading is not easy, its very tough to take a right trade at right time, trade may go into loss as well. In bounty you do not have any money risk but even after working for 2-3 months reward is very less in today's scenario. Most of the tokens are losing value after hitting exchanges in this bear trend so bounty hunters are getting much out of their hard work. Some projects are also delaying payment due to the fear of losing token value, so over all bounty is not a much profitable business currently.
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IEOs are better choice instead of ICO now a days, although IEOs are not guarantee of profit on investment but atleast these are not scams. In ICOs many projects run away taking money of investors before hitting any exchage that is the worst part of ICO. IEOs are launched after proper verification by exchanges thats why there are least chances of their scam. Obviously its very important to check project detail before investing money in it even in IEO.
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Binance is the most secure exchange to deposit/trade/withdraw Bitcoin or any other altcoin which is listed on it. People here are also recommending Bittrex but I have not used this exchange so I cannot comment on it.
Aside to this Bit Z, Yobit, Kucoin,Bibox,Hitbtc, hotbit,coinbene are also good exchanges to trade. I have traded on all these exchanges and did not find any issue with them. Binance does not need KYC till 2 BTC withdrawal limit per day, if you want to increase limit then KYC must be passed.
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I have one rule in my life, I do not send money to any unknown person. If person is asking for money to provide to more money than 100% he is a scammer. Although most of crypto traders are aware of such scams but still some of them fall pray to such scammers. One of my friend who is an experienced crypto hunter rather he brought me to this crypto world fell pray to one scammer claiming to send more ETH, around 1 ETH was scammed in that transactions. Sometime even an experienced person becomes victim. One should be very careful while sending money online to any such person claiming to give you more profit in return.
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