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Yes, it's no wonder that many scammers take advantage of the Defi trending situation as a new scam tool. plus many bounty hunters have become obsessed with taking part in the Defi hype including the Yfdexf.Finance project. fortunately I am not at all interested in participating in the project, hopefully the bounty hunters will be more careful and do not easily believe in this Defi program.
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So you see, if I were in your position then I wouldn't be selling Ethereum at its current price. I still have confidence that the Ethereum price can go above $ 400. you need to wait at the price of $ 400 to make a good profit. But if you are pressed for economic needs, then just sell some of it and hold the rest.
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the market situation has started to improve and the prices of BTC as well as some of the top altcoins on the CMC market are also looking good and showing no red signals. I personally also believe that the history of cryptoqurrency can be repeated without knowing when it happened. better focus on your individual work, and don't always complain about the crypto market.
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This is the first time posting in this thread, surprised to see of some previous posts that were still many bounty hunters who wanted to join the scam bounty, it's unfortunate that they just thought they might get big prizes instead of doing research what bounties were worth joining.
Even bounties whose coins are listed on the exchange still have to be studied first, that's what happened with bounty (Sig camp) paid with token that I'm joined, being listed on 2 exchanges but the price that appears on coinmarketcap is not the real price because the difference between buy orders and sell orders there is a gap more than 50%
There is no method available here which is 100% successful in flagging the scam bounties. All this research and analysis can help to a certain extent, but they are not always fail-proof. I am saying this from my own experience. Back in 2018, I did a lot of research and read a lot of reviews before joining the bounties. But in the end, very few of them paid the bounty rewards. yes, I understand about that. even researching the reputation of the team, the experience of the developer, what products they develop and there is no guarantee that the project will be successful. This is my recent experience, before I promoted the Payccept project, they looked real and very convincing. but finally a red signal came and my work ended in vain. |
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I personally like to collect tokens that are generated from each Bounty project that I participated in before. but not to hold on too long. I mean, between the tokens that I have are already listed on the Exchange or have a good selling value, then sell them immediately.
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I think the Defi trend is still continuing, as I see that Defi is currently a new investment tool in 2020 besides ICO, ITO or IEO. investors have taken short profits in good DEFI projects, but if Defi becomes a hotbed of scamers then the trend is likely to end. investors will leave if they feel uncomfortable with the Defi project again.
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really lucky someone who has earned thousands of dollars over the Defi protocol problem, but if that person thinks it's about money, it's highly unlikely they'll return all that money to the Uniswap project team. In short, one has no intention of stealing and it's about luck.
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Yaps, my guess is right that one day people will realize after seeing the facts about DEFI is full of risks and greedy developers use this program to attract public attention. current DEfi project has taken over market investment, I have seen several Defi projects which ended up in Scams such as YAM, UBI, YFII etc. My advice is to always reconsider before investing in a DEFI project!
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to be honest I just heard about the Xfinane project, I don't know exactly how this project was released or how it was developed either. but if you've done some previous research on this project and feel it's right for the investment then go for it. However, if your choice is based on active telegram groups, this is not a guarantee. I know a little that one can create active telegram groups and have many users. need to be careful about this.
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I think for anyone not to consider new things as a guarantee for the future, I mean it's like the DEFI program is still young and we also can't conclude what the future will be like. however after I observed many investors taking short profits in the DEFI project, this is normal. A trend like this can be used as an opportunity to get short-term profits but it is risky if you can't get out before Fomo occurs.
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not really, as long as the covid-19 pandemic did not have a severe impact on the market situation. I see the market situation is not as bad as it thought, the price of BTC and some of the top altcoins is not a problem. in fact, some of them experienced significant price increases. so I didn't think about leaving the crypto industry.
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Why do people always equate every coin they own as the next bitcoin? Have they forgotten, didn't realize or didn't even see that bitcoin is the top coin that has always dominated the crypto market? I don't think XRP is the next bitcoin, to be honest I often hear of any coin that is considered the next bitcoin. but different from reality.
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if a coin or token has no trading volume on their exchange, then it is likely a dead coin. if a coin has a high trading volume, it is widely used by traders. and the fact that investors will not stick with coins that have no price developments at all, of course they prefer other coins that are more profitable.
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of course that making money is not easy and you need to try to earn it even though it is included in the cryptoqurrency industry, but the truth is that in the crypto industry it is sometimes unpredictable. but this doesn't stop me from promoting the bounty project, who knows I will be lucky after getting bounty tokens and one day it has a high selling price. i still enjoy it.
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If you are taking any other cryptocurrency options then you should also be prepared for all the decisions you have made, I mean your plans regarding pinkoin? I personally don't know this coin at all. But if you like a high risk appetite that's okay, it's just that I advise you not to invest in new coins that are hard to develop. top coins in my opinion are more worthy of investment.
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I think it's possible but if you really have a broad knowledge of trading, about the coins you want to trade and are ready to take risks too. Trading does require high risk, but you also have the opportunity to get big profits if you are lucky in trading.
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I personally have absolutely no idea about the project you mentioned above. If you want to form a good investment portfolio then you don't need to bother investing in new projects out there. This puts your money at risk. good advice only with coins that are already on the CMC market and certainly have real use cases. especially BTC, Ethereum, and some of the top altcoins.
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I am not very active in participating in airdrop projects that appear on this forum or any other media channel. but when I opened Telegram I accidentally came across an airdrop DEFI (YFI) but it requires participants to send 0.005 ETH first. I think anyone who has joined the project or hasn't even had time to join in, should be even more alert. this is just a warning from me.
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some of the top Defi tokens underwent a market correction and this is common especially after they pump up significantly. In this case I am worried for those who have bought at a high price or are stuck on FOMO. In fact, the possibility could still decline especially if they are panic selling, after seeing the weak market chart.
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