In order not to get into a situation as described by many in this topic, you first need to conduct your own analysis before you start investing or promoting a project through a bounty campaign. And then there will be no reason to say that the new project deceived investors and turned out to be a Scam
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I think that we miss another option - a split of the team, when there are unsolvable problems within the team. And there is only one way to split up, but how this will happen is not always clear and usually a very complex process.
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It seems to me that each of us has developed a strategy over time, in which it is more effective in crypto. It minimizes the losses that we all fear. For some, this strategy is participation in bounty campaigns. for someone - trading and etc. You just need to correctly assess your capabilities and start acting))
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Recently, there is more and more news about the introduction of cryptocurrencies in everyday life. Today I read that Coinbase is issuing a VISA debit cryptocurrency card, although at the moment only for USA residents. This news may have a positive impact on the growth of crypto
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Well, there are several options for why the development of the project ends halfway: the most banal-the project was originally aimed at raising funds and smoothly going into the shadows (Scam); it can also be assumed that a great idea was difficult to implement and the funds collected were not enough to finish the work, the programmers lost the incentive to work and the team scattered in search of new jobs
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Fear is normal. crypto market itself is very risky.
I would even say that fear should be in every action related to cryptocurrencies. It will not let you relax and the person will again check the correctness of the address for sending coins, etc. Otherwise, it may be a situation like with AAVE, when the coins went to the address of the smart contract
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With the 4 years cycle (as many peoples believe) maybe 2021 will be a golden year. But the problem here is crypto has been quite widely known, which means how it can happen when everyone are waiting for it.
Now many people pay attention to the "4 years cycle", but if everything was so simple and easy to calculate, then there would be much more well-off people in crypto space Yes, but we know that the wealth is often not for the majority. So I don't think history will repeat itself, and maybe we will see a new trend, or or the market will still be volatile a lot before actually entering the bull cycle. I agree with you, people tend not to want to learn from other people's mistakes. And not everyone learns from their own. And if there is another bull run, then few people will delve into the essence of new projects, and what will happen in the end, we have already seen))
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With the 4 years cycle (as many peoples believe) maybe 2021 will be a golden year. But the problem here is crypto has been quite widely known, which means how it can happen when everyone are waiting for it.
Now many people pay attention to the "4 years cycle", but if everything was so simple and easy to calculate, then there would be much more well-off people in crypto space
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There should be no place for fear or other emotions. A pragmatic approach and thoughtful risk management is a constructive way to develop in the crypto world, it seems to me
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Personally, sometimes I don't have time for checking them so I only depending who handling the campaign. I usually participate in those reputable ones because they will not handle a campaign that could possibly ruin their image right?
In fact, you trust an outside person to make a decision about the quality of the project, and if they made a mistake in their analysis, then who will you blame for the loss of your resources and time? If there is no time to analyze the project, the best solution is not to participate in ICO. After all, you can always buy on exchange.
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NPXS project has become total garbage for the last several months. They had two products that payment machine and the mobile sadly both those products failed to have any impact on the market. I have lost all hope that it will ever go up lol.
And how well they started, I was even glad that I participated in their bounty campaign at the time. And now I looked at the price and realized that this is so, on the subway a couple of times to pass. And such examples with coins of past years are full, to my regret
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IEO is not a Hype, on Binance there is no Defi project, the Defi project was born from Ethereum, I think you should choose Ethereum, even though the transaction fees are expensive, the Defi project was born on the Ethereum platform, so Hype was always born from Ethereum, you have to collect Ethereum for the long term investment
Don't you think this is too superficial an assessment of both Ethereum and decentralized Finance? I think that it is premature to advise investing in ETH before the launch of 2.0.
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PayPal, with its much-hyped announcement, will soon attract new users to the crypto space. So consider that the beginning is made, and soon the rest of the giants of the modern world will join this race))
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I don't trust any of the coins/tokens which I know. These are just investment tools, if we feel any feelings about them, it will affect our objectivity. However, at the moment, BNB looks like a more diverse tool for passive income.
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In 20 years it will be possible to draw some conclusions and determine which year was truly Golden. 2010 is quite suitable for the name Golden Year, because the first purchase for bitcoins was made just then, opening a new era))
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Guys do not forget that if the project team decides to act dishonestly and refuses to pay bounty hunters tokens for their work then the Manager will not be able to do anything. He is usually in +/- same conditions as we are. And nothing will depend on his rank.
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In this case, only KYC remains, although for an experienced bounty hunter who has several accounts, this will not be an obstacle. You have suggestions how to deal with this?
Maybe for this case, KYC is only the solution, but many participants not agree about KYC, so will skip the campaign It depends on what KYC the project will require. If you just upload scans of the identification document and a certificate from the housing and utilities sector that you live at this address, then scammers have already learned to circumvent this.
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From what I have read in the media, it follows that the user will not have the key to their bitcoins. So I do not understand the joy of the topic starter on this issue
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Everyone should have their own tasks. What described topic starter, just the same is included in the list of responsibilities of bounty managers. Especially if there is a POA post, I don't see a problem at all.
This is not a matter of PoA or Tasks to be cleared, but because one person has multiple accounts that can take other people's quota, and this is very unjustified because each person only has one seat in the campaign instead of multiple seats. In this case, only KYC remains, although for an experienced bounty hunter who has several accounts, this will not be an obstacle. You have suggestions how to deal with this?
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Unfortunately, bounty hunter doesn't have an employment agreement or anything like that when he joins the campaign. In other words, it is not protected in any way and will not be able to do anything if the project representatives behave inappropriately. I don't even know what to come up with to protect us. Can someone have any ideas about this?
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