I am biased about third party lending and I prefer p2p lending as a good source of a smallcap business, I ran one such thread in another crypto forum as well.

I can tell without even looking at the terms and conditions, that the insurance will rarely be enough to cover the loss. In case of a hack, as we have seen on many exchanges and so on, the money is lost for good and nothing can be approached legally. It is a downside of these smart contract lending services.

Considering lack of collateral liquidity to be a normal risk involved in lending, this is a common thing but to prevent or possibly reduce this, lenders prefer to take a higher value of the collateral (120-150% of loan value) and that too top 10 altcoins. A more diligent lender will also do a thorough research on that altcoin for possible backdoors and hackable stuff in their blockchain to prevent a theft.

Both type of lending have pros and cons.

What would happen to fiat markets if they crashed? Simple answer. But if you keep thinking in the lines of "world ends" you will never be able to do anything fruitful.

I dont think they collect too much collateral, rather the regular amounts. Have you been a borrower yet?

Innovations are one in a million, rest are just plain vaporware made to look like innovations but they work in fooling newbies into putting their money. It is the sad truth. You will rarely see a concept being conceived that is a revolutionary change but many others will try to bring out stuff looking similar and jump on the hype train. That is how majority altcoins came in existence and then go down the same rabbit hole.

We all have seen thousands of coins come in the market. But are they worth buying and holding for years? No. The reason being that none of them actually had any development going. Most ended up as financially failures or abandonware.

You expect your coins to grow limbs and a body and work? If so then you must be high on cheap weed.

If you dont take risks you dont get any reward. Sitting on your coins will not make them big but you can invest in bitcoin to buy in small amounts at every dip, which I feel is currently the most rewarding.

Because there are no straight answers in these liquidity pools. They have risks and they are not different from what staking was when it was hyped and made a fool of a lot of newbies here trying to make money by "passive income". One fine day they might decide to shut down or the ROI will no longer be enough to convince you to keep your money there.

It does not work like that. Either you have to risk the change of custody from your wallet to someone else or not take part in any money making method. Either way, having see how shady this sector is, I never suggest anybody to go with such passive income methods except one which is the casino bankroll investment, and that is completely opposite of gambling on the casino, because you are investing in the house. But very few casinos are offering it now.

Whales and high-end investors are not here just to say words. They are here to make money. So take their words with a grain of salt. In this case the motive is clear. They wish to pump the altcoin prices so they can sell their bags and exit them finally at a profit. Without doing this they are at a loss so they try to manipulate the market sentiment in that manner.

As a trader you have to understand this and make your move in the opposite of what seems to be done. That is, sell when the prices start rising because once the small fries understand that they are being fooled, they will stop and before that whales will have sold their share.

Majority of the cases of altcoins suffer from this problem. If they had any real development going on, such pump and dump would not be so prevalent.

Enlighten us more on this if you please.

Did you "buy" that land on the game using ETH? Have you checked their social media channels about possible news and updates on any bugs?

Worst case scenario, the owners decided to shut down the project and run away with players money. I guess this would not be the first time a dApp scams its users. Previously many faucets and all were doing the same thing. One good example was Cowkeepercoin.

Either way, you can make a scam accusation report if the owners have an account here to make other users aware of the possibility of scam. But it would not help recover any money. Legal route is there too, but that is a big grey area.

Flag supported from my side.

Scammers use these seemingly "old" habits to trap "new" crypto users who have just entered the market and are full of enthusiasm of making money and getting the coin which is the "next" Bitcoin, while older users already know that this is only a gimmick to fool them.

For those who are reading this thread, good thing you did the effort to search out if the project is a scam or not. But make sure not to listen to any of the team's propaganda about this thread, which I am sure they have been spewing already in their social media. OP here is a scam buster and not a "competitor" of any sort.

Hoping more DT to support the flag too.

I agree that having doubt about something in your portfolio, the best route to take then is to get rid of it. But moving to a stablecoin might not be what is appropriate all the time. Tether itself has a questionable supply but if you don't have any doubt about it then it is fine.

But the influx of stablecoins is something that I have been skeptical about. In other words I fell it is a mode for centralised institutions to control your money. But you are free to follow what you feel is correct.

Unstable altcoins though, be careful with them. You can never guess which pump is going to be the last so watch when you buy them.

Referring to the OP, there are only methods to correct yourself. What problems you face are common but you can make amends to change yourself.

Also, don't fall back on  illnesses as to a reason for your problems. Many people out there are sick but working themselves out of it and seeking help.

Now in case of risk management, my straight advice is not to go with any altcoins but bitcoin. That reduces a lot of risk right away. Now if you are day trading then I hope you have already worked on how to read indicators and charts.

Lastly if you feel you are not being able to cope up with trading or facing a lot of mental problem due to it, it is better to move on with it. Sadly not everyone can cope with the mental trauma that is often there.

You have highlighted the points of why there are always projects that have been risky and ended up being a failure. While I have seen some projects that have been good they have mainly been in the first few months of when ICO hype started. The ones which came in later all ended up as scams, money grabs and waste of time.

It's my suggestion to all those hoping to get a project or a bounty that is a success to leave those hopes for now. In case you have sold at the last bitcoin pump well and good, if not then they are just shitcoins.

That would be appropriate if any of the investors of Cezo would be willing to provide their details of investment and would be willing to follow the procedure of preparing the flag.

Just my thoughts that a bounty participant and the bounty manager do not have any such contractual agreement of payment. The bounty manager is simply a middle-man but the onus of paying the bounty participant (and the manager's fees) lie on the team members shoulders. Unless both the bounty manager and the Team member paying the bounty are the same.

Is any of the Cezo investors watching this thread till now? Please be careful about which account is getting flagged.

To a trader these thoughts come to their mind normally seeing the altcoins go up with bitcoin rise and then bleeding out as bitcoin stagnates over time at a price range. But I feel this is not needed to be thought. In case the altcoin that you bought is going up just sell it make the profit.

There is no direct connection between the two but we can say that a general bullish news for crypto in general or just bitcoin can pump the altcoins too. Is the reverse true? I did see bitcoin pump a bit when litecoin declared its halving, so I cant say no but I lack more evidence to observe. Of course Litecoin is a very old coin and considered as "Silver" to bitcoin.

Your account has been inactive for sometime. But I see you have registered 10years ago.

What are you so paranoid about? This is one thing that I hate very much in the traders of this sector. Have some logic behind your fears. If you feel someone is tracking you all the time, seriously you need to stop trading crypto, because it is becoming a source of mental distress and that can ruin your life.

Honestly just send it all at once or in smaller transactions - either way if someone is watching they will found out sooner or late. So what is the point anyway? Just point your middle finger at your "imaginary trackers" and keep doing what you do, you are stifling the fun out of it.

Here are the few points that I remind myself when talking about mining:

1. The only way to profit from mining using hardware is gone since 2013 with the difficult rising and hashpower competition with other miners in case you are hoping to be a solo miner with a couple of rigs. What you really need in order to get a decent ROI from the miner costs, electricity costs, labor costs and maintenance cost is a huge farm of mining rigs containing several hundreds of ASICs. I might be a little off on my estimate but thats that.

2. There are mining pools but these are for miners with smaller capacity of devices to join and mine together and get a share of the block subsidy in the proportion of their hashpower.

3. Investing in mining pools is something that I am hearing new here. I would not recommend the same because in case you get scammed by the rest of the "group posing as miners" - you have no legal grounds to sue them. Obviously they will not be some registered company out there but even if they do, I would still be skeptical

If you ask me, the best way to profit is to buy bitcoin at low prices and sell at high prices. Mining is no longer profitable for small-cap users.

Sadly enough some newbies get trapped in the get 2 TRX thing.

This is because many users out there who have not learnt what bitcoin is yet, see the news media posting a topic everyday about new all-time-high reached by it. They do crave for the day when they can buy some bitcoins but sadly they cant. Now some random username on telegram PMs them about a bot that can do the same thing just that it is a different coin, so this innocent fellow catches the greedy line and goes in to spend a lot of money on buying TRX and sending that over.

Flag supported from my end too.

It does not make sense to hold on to altcoins that have become  -98% of their ICO price or whichever price you want to consider as a reference. In the last bear markets we have seen the reality of what altcoins are, they have become pump and dump schemes for the hordes of shitcoin that have come in the market or just remained stagnant at low prices for a long time.

The bitcoin bull trend pushed them up but at this point I think just selling them will be the better exit strategy. While Bitcoin is the thing that one needs to hold, altcoins should be spent as early as possible. I am sure all veteran traders will think similarly too because they have been prey of the vaporware that altcoins create and want a relief from them.

Come on now. You might be seeing this uptrend as a new entrant, which I can't possibly know but I am guessing since it is common in them. But honestly I have seen what happens after that, they buy some shitcoins and never see any profit. Moreover this high price is the point of buying wrongly which is called fear of missing out.

Therefore you might be able to make a profit off the price rise but long term value of such coins is low when compared to bitcoin. None of them will be close to what bitcoin has become and even if they do there are so many altcoins there. How would you even guess which one will be big? Better to stick to the well know bitcoin.

Well said. Why focus on things that are not going to be anything in future but a rolling ball of despair and hopelessness?

Truly altcoins and tokens have been snowballing many investors who are manipulated in buying them and wasting their money hoping to see it as the next big thing in crypto.

While I admire the risk taking attitude, this becomes a stubborn thing to do. If someone does not want to focus only on bitcoin they can try other sectors of investment in the fiat market too. But not altcoins just because they are "other forms of crypto".

If that was the case you would be having a large number of false positives of this type and nobody would be innocent that way . Hence you don't have to worry about that. Still what you could do is use different addresses for each receiving transaction and not re use an old address. This does not save you from chain analysis experts though.

But even then if you have not done anything that is dishonest you should not have to worry. We have so many users sending and receiving coins everywhere and are they being accused? No. Hence you also don't need to think on this.

You can still trade in the top 10 altcoins. At least their market cap is comparable among each other and higher than the shitcoins that go 400% gains overnight. But these are not the coins to hold on to for long term. They are supposed to go up and go down without warning, even in the middle of the night. Making all of them a much more risky asset to hold than what bitcoin has become.

Bitcoin may drop but we have confidence that it will go up again. We can say this for certain but can we do that for altcoins? No. We will be doubting that.

This is why the fear level in altcoin market is also high. It takes just a small cap whale to dump and make the rest of the retail investors go crazy with fear. Hence my suggestion to keep altcoins to a minimum.

Now all these ideas to make all the problems disappear seem very rosy to anyone who is new to this currency and finding out about its pros and cons. But trust me, the same things have been spoken several times before and attempted or faked to be changed but nothing happened in reality, except some investors having lost their money.

What is true is that bitcoin has problems but it's advantages outweigh the problems. No single currency is one and only but bitcoin is close to that.

Even then an altcoin is never going to take position close to bitcoin so much so that it becomes a good store of value.