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Trust Wallet is the Binance's official wallet. That means you can understand Trust wallet has better security than other wallets. But I personally recommend hardware wallets to store your funds. You can import your wallet's private keys or mnemonic phrases to when you buy a new phone.
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That's right mate. The bounties have changed a lot right now. Because of there so many scam projects and we hard to find scam projects. That's why own researches are vry important. The next thing is most bounties have low allocation and getting a large number of participants. That means the rewards will be decreased per each participant. Some bounty hunters are cheating with bots and bounty managers are not going to take a action for them. Then we have to understand about to find legit bounty campaigns and avoid to scam bounty campaigns.
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First of all, you have to learn about fundamental analysis and technical analysis. Because those things are helping to buy and sell coins correct time. The next thing is to don't expect millions from small amounts. If you have some profit with a coin, you can sell it and buy another coin. Another thing is to do your own research about coins before you make an investment.
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The fundamental analysis and technical analysis are the main things in trading. You have to learn about those things before start trading. The next thing is you can invest a small amount as a beginner. Another thing is to keep in touch with what's going on the crypto market every day.
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Etherdelta and Forkdelta are old and famous decentralized exchanges right now. You can exchange Ethereum and ERC-20 tokens on those exchanges. The Binance DEX is a good decentralized exchange. Because Binance DEX is Binance. You all know about Binance. You can exchange BNB and BEP-2 tokens on Binance DEX. The Binanve DEX has BNB, BTC and fiat trading pairs.
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That's right, the merit farming post does not work. Because the merit will be given by random forum members. Then you have to be active in this forum and help other members in this forum. The merit will come to you automatically.
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The airdrops and bounties are so famous right now. The next thing is the scammers are using this method to get followers, steal KYC documents, steal private keys and many more. Another thing is most airdrops and bounties getting a large number of participants. That means the rewards will be decreased per each participant.
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I think this is a good list. I personally like BNB on this list. Because the BNB is one of the top coins in the coinmarketcap. The next thing is the BNB is a native coin on Binance exchange. We all know Binance is the top exchange in the crypto market. The BNB has a lot of updates recently. I hope the BNB has a good future. The other coins also not a bad choice. But you have to analyze them yourself before invest in them.
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Most people buy new tokens or coins to ge a profit. That means they are buying low and selling high. That's right, the main reason is the profit. The important thing is you have to learn about fundamental analysis and technical analysis before you start to trade. Because the buying san selling points are important for traders.
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You have to be careful with the newest exchanges. If you want to trade you can go with top exchanges. The next thing is don't use exchange for hodl your coins. Because the exchange wallets, private keys are won by the exchange. That means if someone hacks that exchange, your coins will be lost. You can buy a hardware wallet to store your coins. If you can't buy a hardware wallet, you can go with desktop wallets.
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There are a lot of projects in the crypto market. But we hard to find a good project. My personal opinion is you can focus on top coins in the coinmarketcap. The next thing is you can check out their future updates to get any idea about the investment period. You have to do your own research before making an investment.
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That is a good thing for the traders. Because the traders can trade XRP in the Binance DEX. The Binance DEX has more coins on Binance Chain. I hope Binance DEX will list more top coins on Binance Chain in the future. If Binance DEX can bring more volume to those coins, it is a huge plus.
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Bounties have changed right now. Because scammers are getting smarter and smarter. The projects are offering low allocations for bounties now. The next thing is the coin price will be dumping when strat bounty distribution and most projects are taking longer to distribute bounty rewards. Another thing is most bounties getting a large number of participants and the rearwards will be decreased per each participant.
I personally don't think about bounty managers. Because most top bounty managers are doing scam bounty campaigns. You can do your own research about project before you start in bounty campaigns. If thos projects have a good future, you can work on those campaigns.
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First of all, please check out the rules of bounty campaigns. Some bounty managers are not accepting newbies. The next thing is you have to check out the spreadsheet updates weekly. If you have any problem, you can contact the bounty manager. Another thing is the profits will be depending on project quality, bounty allocation, number of participants, future updates etc. Do your own research about that project before starting in any bounty campaign.
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This is good technique to catch users. Just one thing you have to understand. If any random users send you a private message, leave and delete it. Because random users not going to send good things for you.
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