1. Learn to control your greed
psychological control is a very difficult issue in this market, it has a lot of temptations and I believe everyone will find it attractive when they first enter the market. 2. Money making should come last, learning is the first thing to do
exactly if you want to make money in this space, I think it's not that difficult, but you need time to learn ways to make money. Try searching, believe me you will find a lot of ways to learn to make money here. 3. Do research on exchanges as there are many bad eggs among the good exchanges
this will accompany everyone in the process of learning about this market, what are the good exchanges? You can search on CMC or as I experience, the good exchanges are have trading volume and the buying and selling rates will not be too different. 4. Follow the crypto investment rule, don't invest more than you can afford to lose
1. Learn to control your greed 5. Don't put all your eggs in one basket, diversity is the way of winners in crypto space
capital mangement? Avoid trading too much and be realistic, admit when you are wrong and prepare for the worst, then you have a break from the winning or losing streak while trading or investing. |
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Maybe they're wasting time on projects like this, I'm not seeing those projects at the moment. We will not be able to do anything more because that is the way the project does, although it looks unacceptable, please wait and see their team and interested and want to develop it. It's possible that I didn't participate in it otherwise I wasted no time wasting my time, maybe I was too used to it, so I decided not to participate in the first place.
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1. buy coin during ICO, IEO or STO;
It doesn't matter, better to focus regarding the project it is. 2. buy when the price down (dump);
4. buy when the price starts to increase (pump); This method wouldn't work since you're only use your luck to buy the coin. 3. buy when the project has a good news;
5. buy when coin from the project listed on big exchange;
6. buy when the project already has a product. This is FOMO, don't get tricked by this kind news. Most of time you'll ended up in loss since the FOMO is over. And we hear these things so many times, but until asked if you ever made a mistake? Everyone will agree with me that we all made mistakes. Mistakes are inevitable, factors like that will train your kidneys to have more experience what to do first but problems like that. There is both profit and risk in this market so your time in the market will make you a more complete person. |
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Totally agree with you that Justin Sun is a Pump and Dump guy.
But we must admit that this guy is very talented since he is the CEO of TRON. Maybe in the future TRX will have more specific applications, I am really waiting for the game gambling on blockchain to be widely used, then TRX will be used more efficiently. I also have faith in TRON as it is also one of the high positions in the market, 2021 we can see trx reach ATH, really looking at the current market gives me a lot of optimism for the future. |
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IMO the short-term trend of defi projects development is coming to an end, and what we have seen are projects pumping huge money into defi projects that are tied and swapped on uniswap, not just. each uniswap is doing it indirectly and some of the major exchanges are still fooled by some such projects. I think people need to stop the hype about defi, it's not yet fully realized to the extent that we want it to be, our future is entering a new cycle into new trends that are waiting for a while so let's ignore this. and I see the market moving up rapidly in the face of big news.
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Crypto is hype in general in my own observation, that alone will make us be more careful when investing as usually who fall for this hype are those investors with lack of knowledge, and even if you are knowledgeable, you should still learn how to diversify your investment as that is the only key where you can minimize the risk and you can survive while investing.
Of course we aim to be profitable but we don't need to go aggressive on few coins only, the market is getting bigger, so learn how to diversify.
As you can see the projects in this space are all over-exaggerated, so it is extremely important to have an easy investment plan. During the planning process you will gain more experience in this space. Moreover, I see that the problem of mistakes is not too big in this market, even when such mistakes I hear and advise from many people, but when I join the investment, everything is the same I still put the mark on that mistake because it's psychological control. |
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it depends which altcoins we're talking about, the scam ones will never see bottom, it will see nothing and your investment go to zero. that's the bottom.
You are absolutely tight. The scam coins will never see the light of the day and people who invested in them will never recover their losses. I am talking about the good alt coins which will certainly go 10 t0 100X Ongoing signs proves us that a new uptrend is starting and it will actually be very impressive around 2021, in 2020 see the defi trend we have seen many projects. It grew terribly fast, and by far the hype about defi was no longer common. The Defi projects are running out of money and I see everyone looking at BTC right now, maybe it's not time to get started with altcoins but soon we will see altcoins increase BTC. |
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I think it's time for ETH 2.0 to break out of etherium to new positions. Before news like the ETH 2.0 update and the confirmed paypal market entry are showing us that ETH is going up very well, i'm not too confident it's a good time to get in, but I have seen good news. signal from this school. I think from now to the end of the year, we will be certifying more of the unexpected.
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It's not easy but need to be patient, i have learned how to make money on the internet for a long time and I realize that making money is really not the main problem. It is how much money you will make and how you make it, for this market since the beginning i have put a lot of faith in it. And I think my decision is right, so i hope not only you but everyone can make money in this market, just take it seriously and be patient with it.
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I think this problem you up join their telegram group to solve about that. https://t.me/Kucoin_ExchangeAs far as i can see, Kucoin stopped all deposit and withdrawal operations after being hacked. But then they deposited and withdrawed the large currencies in the market, i still trade on it and no problem, i think next time Kucoin updates everything, it will be back to normal. Please rest mind and don't have to worry about it ! |
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I see you are choosing too many coins to hold, if you feel investing in binance makes you profitable then you should learn about it carefully. I see on binance there are many ways to get profits that do not necessarily have to hold, you can staking bnb, stablecoins, ... join IEOs, pools, ... High profit margins, so be careful with it.
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You can look at the CMC to see the ETH chart, i see the price is going up, everything is going very well with this market. ETH2.0 is truly the expectation of those who love it, solving the network scalability will help ETH 2.0 break through when they will do the problems they want to solve on ETH 2.0
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Ethereum 2.0 is an expectation of expensive transactions on the Ethereum network, because the Ethereum Blockchain is still popular with many projects but will soon be left behind if Eth 2.0 is not launched soon
I am looking forward to that too, ever since iheard the news about ETH 2.0 i see everyone is hopeful that the price of ETH will go up in the near future with good news coming to the market as well. I have also seen Vitalik update on his twitter, very much waiting for this event. |
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1. Why are almost all bounties released today DeFi projects?
2. Most of these projects have no information about team
As you have seen over the past time the market has embraced the DeFi trend, which is why new projects are constantly appearing. So what are these new projects for, there will be projects that do the right thing, but there are also projects conceived to deceive people into this market. This is easy to understand because those are projects that are intending to deceive you, if not clear, they can ask them to deposit a stablecoin (if you can convince BM). 3. Majority of them are rushed, you can judge merely looking at website domain and designs
4. There are some that based on Uniswap wannabes
I see the activities of those projects going in the form of 'build a project and fomo quickly'. And of course the best way is to find an easy tool to reach many people like the list on uniswap, or simply with the 'name project' + DeFi. |
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At the moment, fee in the Ethereum network are returning to normal, and now you can try trading on Uniswap again, although it may not be for a long time.
It is still quite high compared to the time before, now each transaction will cost us $ 1 or less. Hopefully gas fees can continue to drop in the future so everyone can make transactions as smooth and inexpensive as possible. |
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I think this is because the effect of bitcoin prices decreases, altcoin prices also fall, including ethereum, so it's not a problem with the expensive GAS costs. But this was only for a moment and soon all will return. Stay positive and don't panic.
Exactly, bitcoin collapsed and it caused this entire market to collapse. If bitcoin fails to hold at $ 10k then I believe the market will continue to bleed and the price of ETH will fall below $ 300 over the next few days. |
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Around 2 weeks ago I talked about a new DeFi project that has high potential namely Oin Finance, and what happens after the token sale ends? currently OIN tokens are traded on the BitMax exchange for around $ 1 USD. while the OIN token price during the token sale is $ 0.08 USD. The next potential DeFi projects are Rio and Dfinance. https://bitcointalk.org/index.php?topic=5269716.msg55046268#msg55046268Dfinance will certainly have the next DeFi project mentioned a lot in the coming time, but first of all, Dfinance needs to have a strategy to attract more investors because the project has just started. What I am most impressed with this project is that there are many major partners and this will attract more people's attention in the future. I checked their website, but could not find any information regarding their partner. Also unable to find information about the development team, it seems that they are anonymous and do not want everyone to know about their project. It is quite risky to invest in this project |
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I think almost all of us will agree with what you just said and the title alone says it all — it is not easy to make money in cryptocurrency. I've been a victim once of those airdrops. Been asked to refer other people to earn cryptos but nothing happened. I just wasted my time. That's why I just focused on my signature campaign where my earnings are certain. Though it's not that big, but at least I am sure that I will be paid as long as I comply with the rules and requirements.
Yes, airdrops are just bullshit scams in this market. I also participated in a lot of airdrops in 2017 and 2018, but received only bullshit tokens. They are never listed on exchanges and I can never sell them, bounty is much better and signature campaigns are the best choice we can make money |
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I think nobody will tell you the exact figure about their previous year's income but I could surely tell you it was good for the hunters because most of the great bounties happened last year.
Last year I didn't see too much bounty success, it's the same as it is now. There are a lot of bounty running but only a few are listable at exchanges and distributing tokens to the participants, I joined a lot of bounty in 2019 but only received over $ 100 from them |
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I see that lot of people on this forum recommend investing in DIA technology. What is your opinion on this project and why would you or wouldn't invest in this project ? Thanks for all information, looking to grab some while price is still low.
DIA is a good project in this market, they are getting a lot of attention from the community because they are a Defi project. But its price is not too low as you said, it has increased a lot compared to the ICO price and quite risky if you want to invest in it |
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