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Even the best of concept of a project could be a fraud. They might just invested their time thinking on what to write. It isn't that hard to do it if you think about it. You're just gonna gather a team to have a brainstorm on what project should be written in the WP or even in an ANN thread just to get the interest of the investors but then you all decided to just "let's just take their money". So from that, people should also look into the history of the team itself. I am not sure if such sites like LinkedIn/Twitter could buy followers to make each members look like a legitimate one. Because there are indications of fraud like this, we are required to be super careful when investing. Cryptocurrency is one of the most coveted targets by the fraudsters to collect money the easy way. So before deciding to invest we must first research so as not to fall into the trap of con artists. |
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Nowadays, it is truly difficult to trust the market because you can't guarantee that your funds will be safe from scam projects. I experienced getting scammed before, I did not blame anything or anyone because I know that I messed up on making decision regarding on where I can invest my money. I was easily tricked by their sweet lies and I don't even tried to search any details because they sound too sweet that makes me think that my investment is going to be worthy, it turns out that it is not. About that, this kind of incident should be a lesson to any of us because we can't control or even stop people if being greedy hit them. We need to be a good observer so that our funds will be safe and secured from those kind of people.
You are not the only person who is a victim, there are many others who are victims of fraud in the crypto world, and even people who have long known the nature and character of cryptocurrency can be scammed victims. Cases of fraud like these are very difficult to avoid, because there are so many projects that carry a good concept and convince investors, but in the end fraud. The crypto world is a commodity that is very difficult to predict so it is very risky, so invest in quality, not with quantity. |
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This topic provides motivation for beginners who just joined the bitcointalk forum, and made a very extraordinary effort in increasing account rankings from Newbie to Senior Member. From Newbie To Senior Member & Now OTW to Hero MemberFrom this post we can learn, the achievement system applied by the forum, does not become a barrier to increase the rank of bitcointalk who is still a newbie. And in my opinion this topic is very feasible to get merit. |
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For me, ETH is the best Altcoin to buy, especially now the price is very affordable. ETH always provides good wishes for every trader, a reliable trader will always monitor the movement of ETH every day, because they know when the right time to buy and resell when it has made a profit.
As an alternative, BNB can be considered, because the BNB exchange volume is very large in the market.
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Most victims in fraud cases like the OP mention is beginners who just joined crypto, because they are very easily tempted by large bonuses offered without thinking about the risks that will face.
They think crypto is an easy place to get money, without being equipped with knowledge and experience, do not be tempted by the big bonuses offered, because big profits will not be obtained the easy way.
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The hacking case that happened on the Nuls Blockchain Platform is not the first to occur in the world of cryptocurrency, previously the same case also happened with Bitfinex, Binance, and CCEX. This kind of thing is very difficult to avoid, because the majority of hackers will continue to carry out their evil intentions to carry out its mission. And to reduce hacking again, the platform must immediately improve security so that the same case does not re-occur.
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If the price of the coins you buy at ico is down, or the price is lower when you buy it, You should hold it first until the price rises again. But if the altcoin you buy is above the price, you should immediately sell it to secure the profit you have got. Next you start to see other coins that have good potential for you to make an investment.
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Some people want to look rich with the income they get, they think showing off a portfolio on a social media account will make them great, but if we look at it from a different angle, they have paved the way for others who are interested in the money they have.
We must be quiet and always be humble, so those persons who want to do evil can't measure how many assets we have.
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I found that when the market of the cryptocurrency market is gradually downturn, most people do not care about bounty activities, but I always insist.
Nothing can be obtained easily, everything takes time and process. Patience will be the main foundation for every bounty hunter, because not all projects that are followed can produce satisfying results, but we must also be prepared with unexpected things, Like: scam project, deduction of allocations after a successful project, distribution of tokens for a very long time,, and tokens that have no market value. |
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The possibility of adoption like this will happen in the future, but login access via Facebook is only for alternatives, and there are many other ways to enter the exchange besides using facebook. I think very few exchange users would log in through Facebook, as long as it hasn't become a necessity, it's better to just ignore this kind of thing.
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It depends because there were projects or managers who do treat out their participants fair and square but i do agree that most of them do treat these people as beggars.
I do have those unfortunate situations where i do still made some bounty hunting back in the past where you do keep on asking and begging on when is the distribution and
we know that most projects do really have that super delay on giving out bounties thats why i do completely stop after that.I agree on the words that this is indeed
an unfair treatment.
As a bounty hunter, of course we already feel bitter and sweet while waiting for the distribution of tokens from a bounty that we have promoted. This is because the team that joined the bounty was not transparent and did not appreciate the services of bounty hunters who had helped to promote their projects. And there are even some projects that make rules that harm bounty hunters when their projects are successful. The bounty team should appreciate the hard work of the bounty hunters, because without their knowing it, the role of the bounty hunter is huge to promote their projects. |
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Choosing a good bounty is actually not an easy job, Sometimes people who have experience following the bounty can be wronged when choosing the bounty they will follow. Because there are so many bounties that carry good concepts, but ultimately scams, and there are also websites and concepts that look ordinary, but have great success.
Usually when choosing a bounty I see the following points:
coin / token sales development, it's better choose a bounty with transparent IEO, and social media accounts that are always active in providing information about the development of their projects.
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If you really want to invest in altcoins right now, do so with your disposable income. For instance, instead of buying a pack of cigarettes, buy an altcoin instead. Instead of subscribing to a gym membership you know you won't go, buy crypto.
I like the concept you suggested, This is a very brilliant idea and still hasn't crossed the mind of the novice trader. Ideas like this can be followed by beginners who want to buy some altcoin, by allocating funds from the unprofitable into useful savings, this is a very extraordinary first step, and will continue to grow if their crypto assets are managed properly and correctly. |
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This decline will continue until the beginning of 2020, especially in ethereum when bitcoin is back down, ethereum will continue to fall because ethereum is currently very slow to recover.
Various kinds of speculation also appears before the turn of the year. everyone in the crypto community is wondering how the future of Bitcoin and Altcoin will be in 2020.? Questions like these arise because the famous crypto exchange is very volatile, from very high prices to very low prices in a short period, because these conditions make the future of the crypto exchange very difficult to predict. Even though his condition is bleeding, some people can still profit, by using the short-term investment method will make traders more eager to increase the profits they can get. |
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if you have 1 btc.... give us the strong coin that you will invest in and hold it and why
Will hold half of it and the other half I will invest it on ETH. There’s no more good reason aside from being the top 2 coin and the altcoins on top. For years now ETH proves that he deserve to be on that position and ETH continue to grown every year. Not is the best time to buy more, its dump and an opportunity to earn easy profit in short term just like the trend now. In investing every person has their own perspective in making choices, Looking at the crypto market trend now, the strategy we must take is to invest in the short term, because the conditions up and down prices will still continue until the beginning of the new year. Holding BTC and ETH will slightly reduce the risk, because BTC and ETH will continue to be excellent for the next few years. |
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I doubt whether you were following the market, the price of bitcoin was well below $4k and the price has risen this year and went over $13k and you think that is not a big movement after the bearish trend, i am not following the alt coins market and hence i am not able to tell anything much about it but i am sure the top coins moved along side bitcoin, i am not expecting any huge changes in the next few months either and we might see a huge rally by 2021 but not before that.
Yes, correct as you say. Bitcoin has experienced a slight increase in prices, but until the end of 2019 bitcoin hasn't been able to bounce back after the bearish events that occurred throughout 2018, everyone expects BTC to recover and stabilize in 2019, and be able to repeat achievements like in 2017. Hopefully in 2020 institutional investors will soon enlarge the market again, and make big changes in the market, so that BTC will get its legitimacy back. |
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Only a small expectation will emerge next year because the end of the year is just counting the next few days. So if there isn't a big change this year, it won't change the situation.
During 2019 there were no major changes experienced by cryptocurrency, even towards the end of the year the price of bitcoin and altcoin declined. Conditions like these are very worrying, moreover the selling value in the market is increasing because almost some people sell their crypto assets to welcome Christmas and the new year. 2020 will open a new page, hopes to change things are still wide open, if the market is able to make a new breakthrough, it is likely that bad days experienced by cryptocurrency will end soon. |
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2020 is in sight, some people have added a few coins to their portfolio, This is done because they believe the cryptocurrency market is still very high in hope. In my opinion they have taken a very appropriate action, especially now that bitcoin is experiencing a price decline, hopefully in 2020 the market will make a new breakthrough to increase the price of bitcoin and altcoin.
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I couldn't hold it back any longer; as I have sold off my major portfolio because of Christmas celebration. This hold started from last year July, 2018 and now, couldn't hold them again as I have sell off my assets because of the pressure from the family members. After the sale of this asset this evening, I was perplexed as how much I just dumped, all in the name of Christmas.
What are your experience: positive or negative.
I'm not sure it's racist or not but i'm sure the crypto users are most of them are christian who celebrate christmast, because every near christmast the price of bitcoin and other cryptocurrencies are dropping hard because of mass sell from the people who want to cash out for the christmast eve and new year holiday Mass sales are inevitable during religious holidays, this is due to the need for additional funds that must be prepared to welcome Christmas and the new year. I've also experienced things like this, because of financial demands ahead of the religious holiday, I was forced to sell a few coins in my portfolio. |
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The current price of Bitcoin is giving us the opportunity to buy when prices are cheap. People who realize the potential of Bitcoin in the future will definitely prefer buying and accumulating. I agree that price movements up or down are common and I think it depends on our perspective to take advantage of these price movements
Taking advantage of price movements will always be done by people who have the soul of a true trader, they will continue to make purchases to collect bitcoin in their wallet, because they realize the price of bitcoin will increase again. The fall in prices experienced by bitcoin is only temporary, and when the time comes, the price of bitcoin will rise again as before. |
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