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Investors seem to have devised means that gives them the ability to detect scam projects. Although scammers are also working seriously to boycott or avoid being detected.
Bounty hunters just need to be extra careful when choosing bounty and investing in a project, if they are investors.
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The managers that bounty hunters will follow to do their projects, will very soon become competitive, because bounty hunters are now becoming selective. Just a little bridge of trust, can lead to them losing their trust in their minds. Reducing the the reward of bounty hunters is one of the ways hunters might stop following them.
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Those who launch ICOs are most times greedy. Some of them will tell you that they will not stop the ICO until hardcap is reached. That is one of the norm that killed a lot of them. They also set very high targets for their softcap, which sometimes is unrealistic. Till date ICOs are seen as scam.
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A lot of odds happening against Libra. Since it is coming at the time that Libra is about to be launched, then it might be against it. Although, this will also serve as blockage for other forms of stable coin that might want to launch in future.
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The countries that have come out with no bias or pretentious mind, to affirm their acceptance and trust in cryptocurrency are already doing well with it. In fact, a lot of their citizens are happy about it, because it is like a freedom that is extended in love. With time, the number of countries in the world, will be favored and highly blessed.
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It is just an excuse not to use crypto and then prefer it over other forms of currency, which in real sense have more lapses.
How many incidences of money laundering and terrorisms have been reported eve since its advent. None. Even if cryptocurrency is not alive, a lot would have happened through others sources. So it should not be an excuse.
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It is better to trade a coin, depend on that and be more focused on it, than to focus on bounty. The reason being that, you might spend days, months and if care is not taken, over a year on bounty and still not get a reasonable result. A team that knows the worth of bounty hunters will not cheat them, except the team has the aim of using and dumping them, which is another form of scam - there are quite a number of them.
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It is not so common to see such occurrence or should I say I do not really see it happen. There are other ways in which one's crypto can be lost and that private keys and seeds can be exposed without your knowledge. Although being careless with it is one of the main reasons. However, hardware wallets are the safest. You might think you are being extra careful and still lose your fund.
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A lot of cryptocurrencies lunched about two to three years ago are already dead and no more on any exchange, so there is virtually no way to exchange them. You just need to forget about them and move on. Those that are on exchange do not have volume again, which another meaning of being dead. Most altcoins do not survive for long and that is a proof.
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I hold, but not for too long period of time. I do not really like day trading, because I am not good at it, but if holding will give me what I want, after conducting the needed research, I will not hesitate. I hold and it pays, not not at all times. In fact, the experience of losing when one holds is common with so many coins. You can also be deceived if care is not taken.
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There are bounty managers that keep promoting scam projects, but at the end, got flagged. Some of them can no longer cope with the system, they left because they have been exposed. The same will happen to others, as their schemes become evident before people. They are mostly concerned about what they want to gain and not because of those who participate in their projects.
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For Bounty Hunters
Even if i advice you not to give up on doing researches on every proje ts before promoting them this doesn't mean they wont scam you or waste your precious time BUT still the only question you need to ask is, Are there bounties that pays hunter good rewards this year? YES they are very few and good projects take time, Do not expect good projects every months cos its impossible
For Investors
ICO and STO are no go side, stay away from them because they are almost all red flags, IEO is here for you and all you have to do is go to binance for any new upcoming IEO fund raising, you will get positive results
Friend, Binance is not the only exchange conducting good IEO. In fact, because a lot of people are too focused on Binance, they tend to be disappointed sometimes, because a coin after IEO, that is expected to give x2 the IEO price after listing is seen dumping. This has happened even on Binance. The best is to choose IEO at random, on other good exchanges, including Binance you mentioned. |
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The system and trend of IEOs on exchange change, even on big exchanges. Which means that you should not expect the same result at all times, because if care is not taken, you might feel disappointed. So, always prepare for the unexpected, just like so many IEO investors want to sell early and move on to another project, the story might be a different one. Some of them dump expectedly, which requires a lot of patience in getting to the desired growth stage.
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But why don't you find those beautiful airdrops once, whose only request was to communicate an address to receive the gift?  It was not as if there were no tasks attached to those good old days airdrops, but that we never cared and not bothered, inasmuch as it will yield god result. Until nothing tangible was not forth coming and seeing many ending up as scam, a lot of folks became discouraged. |
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What is there to be excited about? Perhaps when altcoins bounce back, then it will bring some sense of relief. Although, it is possible that we see good coins that are having the potential to grow better, no matter how odd the situation might be. Ethereum 2.0 is another thing I am waiting for and I want to see how it will impact other altcoins.
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