Although it seems like a normal trend to do but that's not the case. Using stablecoins seems logical but many traders don't trust them completely. Either they will try to move to altcoins which are not stable or just hold bitcoin.

You can just sell for fiat and then hold fist while bitcoin drops. This might be difficult depending on your local currency exchange.

All in all, one needs to sell at the top and buy back at the dip. Otherwise they will not be able cycle their money.

Sure, probably you will end up as a skeleton in line waiting for that long. If you have already learnt the art of necromancy then maybe go around collecting all the shitcoins out there and be in a profit in somewhere down the future.

Seen the same shitshow with ICOs/IEOs and what not. It all different names given to the same methods of fooling people because the first project that used this method of put themselves out made a name. Legit project is a dream in this sector. Only bitcoin is what needs to be traded.

I dont think the term "good altcoin" has a large number of names in it. Probably a handful if you ask me. That too if you are lenient enough to give your hard earned money to these projects and hope that they become big. Instead putting the money in sectors other than crypto is more profitable. For crypto related investments, bitcoin is enough. The long term value of any altcoin is close to zero.

Uni is currently in the trend is it not? So it makes sense to go towards buying it? You are actually wrong here.

In case you have bought UNI already then you are in a profit if you sell it. If you are buying as asset when it is already up you are being FOMO and not wise. Eventually the price will fall - it is inevitable. Then you might not be able to sell anymore because you will be at a loss.

Remember that nothing in the investments of the world are forever. Ups and downs will happen. As for new projects that have been recently funded this statement is even more important.

You might be able to make some profit by buying UNI and selling it. But the chance of being FOMO is also high, so keep that in mind.

Use a stop loss. It is nothing new with the altcoin market. Since like you many other noobs had bought that shitcoin when it was in ICO stage or low priced and now yearns to sell those cesspool and exit, the dumps become huge when they start. The price that you might want will never be reached because of so much selling pressure.

I am sure many "altcoin lovers" in this forum have already a similar experince. That is why I never advice anyone to buy them. Buy only bitcoin when you have cash in hand and keep it for a long term holding pattern.

Basic lack of faith in altcoins. Everyone know they are like penny stocks and not worth it. Every dump there is forseen as the final impending doom. Hence the sudden crashes. If you want to stay away from this, dont buy altcoins. If you are having coins in your wallet that have become stagnant, sell them at a loss and move on.

Their function is same. Their use is "similar". Both are modes of payment.

Fiat was there since a long time. Before it gold and silver were there. Whatever is the majority source of value has been adopted by governments.

Your research? Governments are not individuals with subjective minds to "dislike" something. They are long term thinkers who run a country and a democracy in most cases. You might have some opinion but people who run the government are not short term thinkers. They might accept crypto for use with time. Unless you go into their shoes you cant comment based only on your disdain and still be correct.

That is fine, but that is not applicable to everyone in the world yet. Someone might have a lot of bitcoin but nowhere to spend it because no merchant in their country is accepting it or knowing about it.

Both acceptance and usage needs to be there to allow a free usage. I still see shops owners getting extremely irritated when I cant hand out cash and ask for online/digital payment options (<in fiat of course) - how do you expect them to move on to bitcoin as a major source of payment?

Bounty manager is not going to take part in dealing with such an issue, you have to understand that the bounty manager is only a servant in the hands of the team owner who is also being paid by them for organizing the bounty. If the team wants to force a KYC on the participants then everyone has to follow that including the bounty manager, whatever be the stated reason.

A bounty manager can be a long time one and a reputed one, but financially deprived vaporware being spread on social media about some shitcoin being the next bitcoin or the next big thing in crypto does not help the manager at all. End of the day the bounty scene is pretty messed up with the advent of KYC, this I agree with. Hence my suggestion is to move away from bounties and go for bitcoin paying signature campaigns.

I would not suggest reddit. It is the breeding place for shills, scams and shady stuff all over the world.

This forum has a section for buying/selling mining equipment under "Computer hardware". Just like @tabas has already pointed it out, make sure to use an escrow when trading there.

Many well known mining devices and GPUs are bought and sold there. Some forum member accounts are there only to trade in that section. So this would be the best place to get them.

There have been reports of many scam miner/GPU selling websites too so be careful when going to other websites.

Just curious as to what problem you faced on eBay? How long you have been trading in such hardware there?

I went through with the stuff you have sent and I think the flag can be removed for now. I have talked to Jawhead999 already and have discussed the issue.

For now I will remove my support for the flag. If any other member has anything else to speak, this is the time to do so. I will be watching this thread for the next 24hours to see if any construstive input if provided by other members.

Rest assured your flag will be removed by the member who created it if no one else supports it in the next 24hours.

You have spent your money to buy that BTC - right? So you can do what you want with it, in fact I consider that as a small amount but it might be a lot depending on your local currency exchange rates. Still I advice new traders to accumulate bitcoin over time like a monthly buying scheme. Just holding on to that small amount like an obsession will not make it big, you have to decide when you sell or if you buy more.

Always remember that recycling your money is a key factor in keeping your portfolio alive. You dont have to sell every asset that you hold but if you dont, then problem of mental distress due to holding those coins for long comes into play. If that does not hurt you well and good, but trust me, every experienced trader faces this distress and you will too.

I think patience is important in any type of trading and most investors back out on patience after doing a couple of trades before realizing they made a mistake.

There are two things incorrectly understood by investors. One of which is putting money in altcoins means more profit and another is that they trust every new project coming up to be the next bitcoin - because hey, nobody can buy bitcoin because it is so costly why not spend you coins on that new shitcoin? This problem gets fixed if the trades ignore any altcoin put out there and buys bitcoin in small amounts at every dump and sell at every pump.

As for the beginners this would be an advice that I have seen come out to be true from watching the markets for the last few years.

How many more of these Initial coin offerings are we going to see now? It started with ICO then went to STO/ITO which was a complete bullshit about making the tokens "securities" then shady stuff. Then came IEO and the craze of the exchange based launchpad which also was a hype train and generated only more signups to a specific exchange and then doing the same thing as noobs did a couple of years back when it was only an ICO.

Now the point that you speak of is very accurate but if 99% of the tokens and DeFi projects are nothing but the same shitstory repeated over and over again, it does not make the thing legit. It is still a money grab, a unregulated asset and prone to pump and dump.

My only suggestion : Stop investing in DeFi/ICO/shitcoins and move to bitcoin.

Now your first reaction might be "Bitcoin is costly right now!" - I would like to as how long you have been reading the charts or are you only checking altcoin prices. Point is this price rise is the good thing that happens to bitcoin only and the hodlers are reaping this profit.

I understand you are on low budget, but instead of spending that on shittokens and shitFi projects, why not hold onto that till you get enough to buy some bitcoin? After all, the long term value and possibility of making a big profit is there with bitcoin. It is not that such profits will not happen with shitFi and all, but we long time users who have been watching them from their start dont trust them.

Not taking risk does not mean you are bad. It means you are cautious about how much you spend and what you spend on. If you ask me, I would tell you to go with bitcoin only because this directly reduces the risk involved with trading. On buying bitcoin at low and selling it at high like it has happened this month, you will be guaranteed to make profit but I cant say the same for any altcoin.

Though you can go with risky trades on paper. It is called dummy trading using a virtual capital and observe your results there to get an idea how good or bad you might end up with that capital.

Those adjectives are inappropriate. There is always a problem inherent to the stable- part of the altcoin. Most altcoins that have become stablecoins have had to do some trade-offs to keep their coin's price stable. Though using them is not a bad thing.

You are pegging the value to USD. The value of 1BTC is 1BTC always, what changes is the dollar cost of that 1BTC that varies with time. You cant stop that from happening.

I understand your point, but stablecoin came in existance or popularity after the 2017 pump and only when the dump happened because the owners of these coins promoted them to be "safe from market volatity" - which is a half-truth to start with.

IMO, you can hold stablecoins for short periods only. Think of using them as a necessary evil.

See price might be high or low, but it is an indirect indicator of growth. Real growth occurs in the background by the team and is executed in the front. People only see the front though. So point is that the insiders including the advisors know what really goes on, who gets fired, who leaves on their own will and internal conflicts.

These things happen between companies and they get ruined before investors know about it. So they are always going to end up in the backline when trying to dump their tokens.

In contrast, bitcoin is decentralised and not having any individual controlling it. That is the advantage it has over altcoins.

Some coin may up today and go down tomorrow. But you can assured that if you buy bitcoin at low, it is sure to go up.

The method by which I prefer to go is not to keep all your Bitcoins in one place. Freebitcoin is a very trusted a d reputed site no doubt. Me being one of the 200$ rare faucet winner. Still in case you are looking to invest, put in 10% of your bankroll for investment.

The amount that you get per year is like a bank deposit which has close but not exact interest rate. This might be a good thing in case you don't want to trade with that amount but don't want it lying in the wallet.

I do trust their method of making money, which is essentially mining with their own rigs. This comes from being the oldest bitcoin faucet in the internet.

Best if you can develop your own site for this. Use the links posted above to get an idea about how it should look and work. Best again would be to hire a developer who has experience in this.

You can find a number of Paid to click offers from the sites listed under "Micro Earnings". I havent seen one where you can pose as the person giving the tasks because these sites are filled with users trying to solve these tasks and get paid while the site owners is simply embedding the tasks widgets on their site. Even the task providers are completely different.

So if you want to "turn the tables" develop your own site. Marketing that to public to get traffic is another story.

EDIT: My bad, didnt notice your post properly. Post edited accordingly.

This is something that hardcore crypto enthusiasts need to understand. Fiat markets are out there and the wise trader does not become stubborn. They are diligent and they know that one market going down means another market might be going up. The point is not to let anxiety and depression take the better of you. Move over to other markets and by that I mean fiat traditional markets when bitcoin might be going down. Asset risk management is done in this manner, does not mean you are not supporting crypto, rather you are being intelligent enough to secure your own assets. In trading you need to be selfish like that.

Nope, this is the wrong path to take. Bitcoin price might be high - therefore it is the time to sell bitcoin and book a profit in fiat. Use that to buy bitcoin again when it comes down, because it surely will. Altcoins are going to go up for sometime and then go back down like they have always been. You cant really get a profit from them like this.

Although they didnt create an account here, it is good that you posted the topic, so hoping someone out there thinks twice before investing in the same. Scammers use the same/similar methods to scam and a copied whitepaper is one of them.

The domain is comparatively old, but it could be a method now to buy a domain for sometime before posting the scam template there.

Did a search on their "team" owners couple and could not locate any linkedin account either. This is shady as well. Their twitter accounts are also just redundant crypto pumping posts.

Keep an eye out for their "bounty" campaign as I noted they have an allocation for bounty too. Whoever starts posting that should be informed of the same and in case of non-cooperation, flagged.

The website was created a week ago and the whitepaper is copied. Very clear signs of the possibility of it being a scam project. I hope some newbies will get warned by this and think twice before sending their money over to this project. Clearly they dont want to develop anything but rob people of their money giving them false promises of something big.

Also they have a staking program giving 20% returns. A hyip scam going on here too. https://archive.fo/jAkVQ

I am sure the team member profiles will be fake too if dug in a bit properly. For example the guy named "Prakash Jaindani" and "He is the owner of SSGS Group of Companies" - does not seem to go along correctly as per search engine data.
https://www.ssgsgroup.com/contact.html

flag supported from my end.