Maybe they will come back and scam again? Hahahaha. If they are planning to make another project or improve their first one, why at the first place they left? They should continue what they started and fix if there are some issues. I really don't think that leaving and coming back is the good solution.
Most likely, I have known several projects before 2017-2018 that raised a decent amount on their tokensale, but they are silent for over 2 years now. No update and development. I guess those projects are dependent on hype, a pump and dump projects. They are only waiting for bullrun and then ride the hype they are trying to bring the project alive again. They will create updates and stuff to scam people again. I suggest being careful and never trust projects like that they only exist when the market is good.
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I guess there are few scams but there are many failure bounties, It is just the same thing, the bounty participants do not get anything from it, it feels like being scammed. I tell you from 100% I guess only 1% survives now. Only genuine projects with unique features, good marketing, and partnership and has initial funds or being funded by a firm or private investors those are the only projects that actually succeed now if you found something like that better join.
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If I am capable why not? But base on my financial status right now I prefer to lend my money on casino's. By investing and receive a share like most casino's and gambling sites are doing. If there is a choice like donating on casino or charity program for the elders or orphanages you already know which is a better choice. Anyways, have you heard a casino or gambling site that runs a donation/charity program?
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Bounty allocation is very low it is not the bounty hunters, Yes, there is a possibility that it will dump temporarily but if the projects have investors 2% is nothing. Projects are blaming some hunters but they are one to be blamed, maybe their marketing is a failure or their tokensale does not meet at least softcap but they are saying that they reach hardcap and the result a very is volume on trading or they are the one dumping it. Only top exchange tokensale is good.
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Wallets like Coinbase that you don't have control of your keys are not advisable for long HODL but it is good for temporary use, you can use it to buy crypto conveniently and at the same time, you can withdraw to your banks at selected countries. While non-custodial wallets are fully decentralized, advisable for storing crypto but of course hardware wallets are much better. Most non-custodial wallets only give recovery phrase but there is a tool to convert those into keys but it is recommended to do it offline. Here is sample tutorial from coinomi but it can be applied on other wallets too.
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Thanks for the heads up, everyone should avoid trying new wallets just stick to the old one and most reputable wallets which have low risk. Also, be careful with copycats wallet imitating a well-known wallet to steal our cryptos. But if you are really curious to try some new wallets if you are suspicious of it, try to run it on Virtual machines like Virtualbox or VMware. I also experienced false positive detection from QT wallets before but I still don't trust it better run on Virtual machine.
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Based on my experienced, I have coins/token that launched an IEO with probit and after listing it was 95 to 99 % dump from its IEO price, That exchange is a sh*t exchange, full of bots and fake volume. Any projects that list there will suffer the same fate unless a well-known coin like the top 10 coins. IEO is only good on top exchange the rest is trash it like an ICO before. Be careful on joining IEO on low volume exchange some do exit scam and run from the projects and investors which is unfortunate for them.
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Cryptocurrency will be more valuable than fiat especially bitcoin because it has a limited supply and decentralized. Unlike fiat that is controlled by the government and they keep printing as they want. There are rumors about USDT controlling the market, I also see some large transaction on USDT is being minted. Yeah those whales really influence the market they can pump and dump a certain coin. If that continues I guess it is not good for the crypto community the trust will decrease if markets are manipulated.
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Good to hear that you are doing fine, In my case, I don't take any courses online I just watch youtube videos and read blogs. I also watch projects developments and announcement on social media. To be honest I only knew the basics I am not a full-time trader either. I prefer to be called investor I guess I buy coins on exchanges and then hodl it on wallets for a period of time. I am not doing buy and sell or short or long now and then I am just waiting if my capital gets doubled or more. Of course I suffer loss also.
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1. Token swap 2. Smart contract swap 3. Bounty KYC 4. Bounty payout time and date
Aside from these four, social media channels are a source of news and recent development of a particular project. If you have some problems, channels will function as customer support for us by communicating with other members and admins. I suggest if we are joining bounty only select a few of them so that you can monitor all of it. If you are enrolled in tons of bounty you can't monitor it all from time to time. Also, about technical stuff I guess the projects are required to email important activity so that no investors will be left out not all people are active on social media.
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Yes, no matter how reputable or trusted the exchange is, there is still a risk. That is why you need to manage your funds, some go to the wallet for long term hodl, and some stay on the exchange for daily trading. Have you noticed the block explorer tracker cryptowhale? It tracks transactions going in and out of exchanges and wallets. Whales are playing the market for a short period of time and then they withdraw it in the safe place it's their wallets.
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If I am not mistaken it was last week of July or earlier in August 2017 when I got interested in cryptocurrency, the bitcoin price was $4000 + that time. I cannot remember the exact amount I bought but I am pretty sure it is not exceeding $20 I am a bit hesitant at that time and I have no idea of all these crypto stuff. There is regret for missing the chance to bag more and sell at peak but I am still thankful I got in this industry. No one introduces bitcoin to me, I just found it on google searching for freelance jobs and anything that enables you to earn I awe this forum a lot.
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If your country is supported by coinbase that can cash in through banks it is a good option, no hassle and you can withdraw at the same time directly to your banks, That's is why coinbase is popular even they only have few coins listed compared to binance. But if you want to do some trading stuff, I suggest go to binance directly. Youtube has some tutorials about these trading terminologies I guess it is easier to learn from there because you can see an actual trading overview.
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Maybe it is not common, but there are some gambling sites like Luckygames that are accepting Stablecoins like Tether and TrueUSD. Lesser fees? If USDT (Tether) has no Ethereum and TRX version, it charges a lot on every transaction on Omni that is why some platforms now are shifting to USDT running on tron and eth. I also notice that majority of the Stablecoins are running on the Ethereum network. I also found some gambling DAPPS running on TRON using USDT as bet.
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Well, those wallets are decent especially trustwallet it is owned by Binance, I been using it too to stake some coins like ATOM, etc, why not stick to it? Trying different untrusted wallets might end up in a bad way some get hacked or compromised. I prefer using the most trusted one right now. I understand your curiosity, of course, there are coins that are not available in this wallet and available in others. As suggested by others I have also tried magnum and coinomi. Be careful on magnum save your backup file, I messed up one time in that wallet my backup file was corrupted. Make sure you put in a safe place also save your private keys not just backup files so you have many options to access your wallet incase you lose the backup file.
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For me, Coinmarketcap is more realistic now, unlike before a new exchange comes out on top for a day because of fake volume which is not really good. The system now is far greater than the previous one. Web traffic and liquidity is more good basis on which exchanges has real users and not just bots. Yes, CMC has been acquired by Binance but I don't think they are biased. You can tell it yourself when you are trading on Binance compared to other exchanges, your orders fill sooner than on exchange with full of bots. Binance is not only an exchange they have adapted in many services that is what makes them on top right now.
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The majority of us suffer a loss when entering crypto trading, Because we are still a newbie in trading we don't know everything yet, until now even I have several years of experience in crypto I still consider myself a newbie. There is no wrong or right prediction in trading, I guess it is really unpredictable sometimes, Green and Red markets happen we can't avoid it, But most of the traders that have knowledge about charts, indicators and stuff minimize those risk of losing If they are lucky they can maximize the market into their favor.
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Not yet,some times,I will not invest heavily
Many members above have asked you what coin that your friend is recommending but you are ignoring them, Why not share it here so we can give our own feedback on that specific altcoin right? We are here to discuss we cannot discuss further if you don't give any info about that coin. Well, Always DYOR (Do your own research). If I am in your shoes I will invest on top altcoins because it is low risk and safer. But I am not closing my door on new altcoins with potential.
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I guess DAI is a trusted stablecoin, but it is not the most used stablecoin I guess it is still the USDT. But rumors about USDT is will not keep you rest assured. Most stablecoins has the ability to freeze any asset on the network including USDT, if you are holding it, I suggest to switch on other stablecoins. Well-known platforms like Binance have their own stablecoin BUSD I guess it is trusted too.
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