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No you are not cursed the only problem is that you are not patient also have it in mind that you can't always be 100% correct with your decision some are wrong and some are right be responsible for any one you take either good or bad and be more patient and look at market condition before you sell your token or coin.
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There are a lot of projects that need an KYC of course it is a good idea also to protect their project so that they will know who's dealing with them.But there are some projects that starting from beginning they don't have an KYC required but when it come to the time that they need to distribute the stakes of bounty hunters they are asking for KYC,if the bounty hunter can not comply this where is their stake goes?if the project require an KYC they must announce it from the beginning not in distribution time.
This is very disheartening when team breach terms and condition set on ground for a campaign just to pay below what they promise at the beginning of a campaign a team like that might not succeed with the project because they can keep to what they say and they can abandon the project at any time. |
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I can't blame newbies anyways, it is because they aren't use to this kind of market it is very strange to them the nagging is understandable, i also hope the correction will not take long before market direction will be bullish again.
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I can tell you boldly that your money is gone forever, it is a decentralized exchange and you can only access your account if you have your private key there is no magic to that, be careful and always have hard copy of your private key next time when it has to do with money.
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There is a saying that the road to success is not always smooth.This is just exactly what crypto inves tment portrays. In the business of crypto, uneasy lies the head that wears the crown.The fact that there is a very high level of dip in crypto market currently is not enough reason to conclude that an end has come to crypto.I know that the bearish market situation at present in the crypto world would make many crypto lovers to be having a second thought of relinquishing their ardent commitment to crypto investment since no tangible profit is forthcoming but honestly, that is not the best option.What crypto is going through now is just a bend and not the end . In a short while from now, things will amend for better .This is not yet the end for crypto but rather a bend for something better.
I believe so much in crypto innovation that i am not worried or concern about the negatively surrounding cryptocurrency, this a bad time where many investors have lost money but a patient dog eats the fattest bone that is why it is necessary to be patient and hold on tight to whatever you have, the good days are coming soon. |
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The decentralized nature of cryptocurrency seems not be effective when it comes to investing in cryptocurrency, seeing that investors in most cases are asked to do KYC, bounty hunters inclusive.
I do not think investors should be compelled or made to do KYC by submitting their personal data and documents, because project initiators do not stand any risk of losing their money. Rather project initiators or developers should be made to do KYC, in order to gain the trust of investors, who want to invest in their projects.
This is necessary because we have seen cases of scam ICOs, which have made investors to lose trust in a lot of them. So to gain the trust back, we would need to know whom we are giving our money to as investors.
Absolutely, teams behind project needs kyc more than investors, it is important to know if team handling a project has good reputation or not, without this it is always easy for some team to run away with money donated by investors. |
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Proof of authentication
Your Xch4nge username : Olatunjex
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Current post count: 794
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Buy hardware wallet then you are fine, you don't have to worry about your asset being stolen it will be safe even if you misplace it you can recover your asset in as much you still have your seed with you.
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The team should be more active on the telegram channel, what you only find on telegram chat is combot reposting same message when new person enters the telegram chat group, when people ask question there is no admin yo answer, that is very bad for a project trying to raise fund.
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Considering the high level of scam associated with ICOs presently, many investors are at risk of loosing their investments. Bounty hunters like us are not spared as we may be rendering free services to some scammers and also risking our personal data.
I suppose a regulatory body be set up to audit the ICO process and the founders, and if anything goes wrong or should the project fail, they will be liable. This will reduce drastically investors risk and also keep scammers away. What do you think?
I strongly believe and recommend that ico should be regulated.because only through ico that new fund come into market and if proove to be scam again and again then it become difficult for crypto to grow. Regulated market increase the confidence of investor
You did not think that when the market of ICO projects is regulated, there will probably be a lot of new rules and innovations, and it can be assumed that regulators will not have a positive attitude towards holding bounty campaigns, and projects will distribute their tokens only to verified investors. There are advantages and disadvantages to market regulation. There are various security tokens that are regulated and still offering bounty, bounty is not a disease, it is a form of advertisement therefore regulation won't put an end to bounty campaign |
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I have about $2500 to spare
And I want to invest into a coin
Please help me decide on one of these coins
1. VECHAIN. VET
2. ICON. ICX
3. PUNDI X. NPXS
4. MONEYTOKEN. IMT
5. BASIC ATTENTION TOKEN. BAT
I intend to keep buying some of these coins with spare Money as time goes but can't make up my mind on which to buy first now
Your opinion will be highly appreciated.
Do more research about the above listed coin, asking people for token to buy could be misleading sometimes, dyor and be responsible for decision taken, i personally don't rely on what people say concerning investment but my own judgment. |
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I think it the same thing market capitalization is the only thing that distinguish large and small supply altcoin from each other, i will go for the two that is both small and large supply.
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Yes i have hope that it has a future and will be accepted everywhere in the whole world in the future, you will observe that crypto has caught the attention of government and many financial institution and they are also trying to test the blockchain technology.
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They will be lucky to get back half of the airdropped amount, those who are yet to withdraw their token they could still compel them to send the btc back it rare to find people who have withdrew it and will return the btc back.
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Security is a big challenge for cryptocurrency, this will affect IOTA network drastically, wondering how they will be able to refund users who are affected, i hope team have enough coins to settle affected users.
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I have 5k and i want to invest in Ethereum. But i read that Ethereum 2.0 will come soon.
Would you invest the 5k tomorrow in Ethereum or wait for Ethereum 2.0?
I think you should invest now because when ethereum launch it's 2.0 platform the price of ethereum will increase at that time you can take your profit, investing after price increase isn't a good decision. |
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Hai guys now days people are really depressed this kind of new scam .They are Lost lot amount from this kind of format and getting only 40% return back.
1) ICO Stopped or Paused
2) Refund - When eth more 200 to 300 USD people invested some ICO now they are stopped and started refund now Eth price 95 USD .
3) Some ICO announced Soft cap reached successfully later their also follow this kind of refund method .
ex:
Trecento , Humancoin ,Vanig and etc.
As far as i am concern i don't see that as a scam if they refund with crypto value you contributed if otherwise then it is a scam of they use USD value of what you sent at the time they got your payment then it is an high class scam. |
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After participating in several ICO project, which turned out to be scam projects. My hard earned money disappeared in to thin air, with no way to trace or recover my money back. I had to act like it never happened to get it off my mind and move on.
Are ICOs really dead and do you still invest in ICO projects?
Ico are dead, investors have stopped throwing their money at fake team. If you observe a lot of ico couldn't raise softcap for almost a year since they have started ico it is a sign that the days of ico are gone the new term is STO |
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