I used to have 14 ethereum but I got caught in the web of FOMO and I lost over 10 ethereum because the project I invested the ethereum on have dropped marginally, is this the end of the road for me? Or I still have hope? How can I recover?
What kind of coin that you have bought it with your ethereum? i guess you have trapped at the bullish trend. It looks like you have been buying at the peak price and then it gets dumped instantly by the whale. You should tell me us what coin. The name of the coin is switch ( ESH ), a friend told me how good the project is and I invested all my ethereum thinking the price will increase more but later it dumped ESH is not a bad project IMO, you haven't lost that your money unless you sell your token, I joined ESH Airdrop years ago and I'm glad i did, the team are very hard-working, you can still easily recover your money someday, just hold and use blockfolio to track price from time to time |
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With special talent you can make more money than trading and bounties combined, projects always find people that can detect bugs in their system and they offer high rewards for it, I've seen countless projects doing this
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Trading and bounties is the only way to make money in crypto space every year but if you have more techy talent, like building websites or applications you will make more money, all you have to do is find the right projects to work for and get paid
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For tutors you should go to YouTube and watch some videos, it's very helpful for me in the past and also I recommend using nicehash, all you will be asked for is your wallet address where you will get your coins sent to, very easy to use and it changes to the most profitable algorithm available without doing anything
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ICO was so profitable than IEO in 2017 but IEO is more safer than ICO today, investors are tired of scammers using ICO to trap them and since ICO is no more the scam have reduced a bit, those who get scammed today are investors who don't know that top exchanges own the key to IEO success
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Be careful, your friend might be wrong this time, Bitcoin is marginally different from altcoins, it's true that altcoins have huge ROI but they can easily shrink your money too, I suggest going with top 10 altcoins, anything under top 10 is high risk
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Yes I still have confidence in altcoins except the scam projects of course, many said altcoins are dead but one day they will make a big comeback, presently there are few altcoins that can bring huge profits but I'd leave that to those who can do better research
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Trading on Exchanges and making profits is not that easy, to take advantage of every opportunities you will need to leave your coins on the exchange, it's better to use exchange like binance that can still reimburse if anything happens, it's more like gamble to me because hacks can happen at anytime
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BUSD is better on binance exchange so if you are using binance then choose BUSD but generally USDT is more better if you aren't using binance exchange, USDT is available everywhere and it's one of the few stable coins with highest volume
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1. Scammers
2. Lack of regulations
The reason why scammers roam freely is because there is no regulations in crypto space, the freedom of decentralization is why crypto space is a perfect haven for scammers
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Since 2018 only very few bounties paid reward, here are list on bounties that haven't paid yet, some are already abandoned or scam, the list is very long though but I will list some
1. IMO
2. IAT token
3. Blockburn
4. V-trust
5. Kuverit
6. Bluenote
7. Mindsync
8. High Bank
9. Cloverdex
10. Tokenmom
11. Torqx
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Monero is really not that anonymous, many other privacy coins failed too but I don't know anything about VDS, the only coin I'm waiting for now his GHOST (the first crypto coin from the government hater) John McAfee, Ghost privacy coin is coming on MAY 25, and if you are ESH Holder you will get free Ghost tokens 1:1
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It's kinda impressive to see Bitcoin still holding strong to this day, things are going separately from past halving history, I never knew Bitcoin can be this strong, many are expecting huge dump but I doubt that's gonna happen
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ARCS is the only non BTC paying bounty campaign I trust at the moment, the others are base on high risk for me, even relictum pro, I would trust more if it's not an STO project, most STO ends up in the basement,CYBER looks interesting, I'd probably start my research on the project today, why is KINGCASINO not on the list?
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It's true that many bounties are crap or scam but there is no way to detect if they are legit or not, even some looks legit and later turn scam, it's all try and see, in the end is when you get the results
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Binance do their part when listing a project, they make volume and liquidity to be available but the rest lies in the hand of the team, how good the project become in time will determine what will happen to the price
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The only thing standing between bounty hunters and bounty campaigns is the bounty manager, we bounty hunters have to do our own research for sure but many bounty managers don't care, they get paid even before bounty campaign runs out and they don't care about bounty participants
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Altcoin season is not coming anytime soon, I'm judging by past Bitcoin halving experience, price surge won't quickly begin after halving, as we can all see Bitcoin keeps getting lower in value after halving, honestly I don't expect anything this 2020 until coming year
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New projects have no respect for bounty hunters anymore, yet they need bounty hunters to promote their good or bad projects, after the campaign is over they will start showing some bad behavior, they might postpone payment, cut reward in half etc, since there is no way to know which one is good enough it's either you quit or keep taking risks
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