Someone have to do this from time to time, I believe that many newbies are still victims to scam projects till this days, we gotta keep warning them, not all can be safe but as for those who want to learn, here you go
1. Learn to control your greed
2. Money making should come last, learning is the first thing to do
3. Do research on exchanges as there are many bad eggs among the good exchanges
4. Follow the crypto investment rule, don't invest more than you can afford to lose
5. Don't put all your eggs in one basket, diversity is the way of winners in crypto space
All the best.
All your points make sense for newbies who have never invested or traded but i think most of the community here is well aware of the basics and they do try to reduce risks while investing and trading. But we should know that these are all risky endeavors and you never know which coin will fail you and when. |
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Which giant private companies are you talking about dear? If you mean paypal then yes, the implementation of crypto by paypal will legitimize crypto and boost trust for people who still do not believe that crypto is a real thing or have opinion of crypto being a fake or virtual thing without any real value. I am sure such people will get a reality check when they will see crypto in their paypal account. |
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I'm glad I don't end up promoting this bounty project, here are reasons why I don't join the bounty campaign.
1. They tend to use small exchanges for fund raising
2. The team lied that they don't need money, they claimed they are well funded and yet they use small exchanges
3. The project use case isn't a new idea, infact they have too many competitors
4. Upon aiming for small exchanges to raise fund they are giving up too high allocation for bounty hunters, meaning they have no experience about crypto space and their exchanges
5. John mcafee name was tagged to the project banner and they keep sharing it as if John McAfee is all they need to be successful when we know that he is a king of nonsense Hypes.
It is too early to call youengine as a failed project. The team and company behind the project is a solid one with years of experience and success. I believe they are working to develop the best platform for the users and supporters. I do have reservations about large total supply of 11 billion tokens because such a large supply sound very old tokenomic model. But i am sure the circulating supply would be much smaller. I still trust the team and i would give them good 6 to 8 months before i would be judging them and their project. |
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There are various kind of old crypto projects that has no team but still they are among the best projects today, I believe this happened because many old projects followed the footstep of Bitcoin, bitcoin would have been in tougher situations if the team or ceo is public I believe but today it's a complete different story or should I say experience? Since the birth of ICO we've seen tons of scam projects that aren't scared of revealing their faces even when they knew they are going to exit scam on investors fund, so for me hidden team members or not still doesn't make a difference..
That makes enormous difference to be honest. I have seen sophisticated investors pouring in big amounts of money in a new project just because they know the team or they fully trust someone in the team just because of his previous works, qualification and experience so how can you even say that hidden teams do not matter? Good teams really add credibility and confidence in a project that are highly required by all new projects. |
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At present, the market condition of altcoin is not very good, the exchange rate of BTC is getting lower and lower, and many altcoins have been unmaintained. Even if the development team still insists, the price is very miserable! The blow to the entire team is not small, I am afraid it is difficult to persevere. Now there are a few questions that I want to discuss with you:
1. In your life, when would you use cryptocurrencies to shop? We know that people like to use cryptocurrencies in the dark web.Is general life shopping necessary?
2. If you use cryptocurrency for payment, what currency will you prefer to choose and why?
3. At present, the altcoin market is very bleak. Do you think this is a buying opportunity?
4. What do you think is the easiest to implement in Altcoin's future application scenarios and will attract more users!
Thanks all replies
Altcoin market was under stress at the time of your post and obviously this was due to longterm downtrend and other factors but now the market is improving and most of the top alts have already recovered nicely and it can easily be assessed that market seems to be bullish for coming months. |
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Which do you think is best for a new project and why?
ICO - initial coin offering
IEO - initial Exchange offering
IDO - initial Dex offering
STO - Secority token offering
IEO is always the best for me because infinity I can be sure that they will not scam and will enter the exchange market in the future. In addition, IEO of top exchanges are always the best such as like binance, kucoin. So you should participate in all these IEO because the amount of risk is to low.
Note- I don't know if the same topic has been presented in the past and I'm creating the topic with my own ideas.
I think with the success of platforms like uniswap, bounce finance, trust swap etc we can expect Initial Dex Offering IDOs as next big thing but i would like to see some kind of filter process on them so that scammers can stay away and this method should not be abused with fake or scam projects. |
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Living up to the expectations of the traders is what has made binance the number one platform. From Binance CEO tweets i think they are also now working to come with decentralized platforms, something like uniswap i guess. That would be great because obviously they will offer better and more features in their platform than currently available. |
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Recently, Swissborg has also announced a yield farming service through their wealthapp where you can deposit usdc to make more than the market average returns. I am not sure this service from swissborg is decentralized or not but i think it is better to try due to better returns and the company is already registered and regulated so confidence is high.
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I just tried day trading in eth and the price fluctuations which happens continuously is something where we can make profit in daily basis, guys from today morning to evening I could have earned nearly 15 to 20$. Buying low and selling in a reasonable profit, again when it comes to my price I use to buy and sell for a reasonable margin this will work only if there's continuously fluctuation, just have a try and make daily profit.
Day trading is good but i feel really stressed up while day trading, it kinds of gives me un ending anxiety and i cannot focus on anything else and i nust kept checking charts and prices everyother minute which just lead me to give up active trading because of the amount of stress i was feeling due to trading. |
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There are not many successful crypto based gaming platforms available till now which is strange because crypto makes payments easy and comes with additional benedits of transparency, efficiency and anonymity.
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The topic starter has talked about dump in youc which in my opinion is not the fault of bounty hunters.
The project looks good but it is a fact that there is no product yet and the volume is not there for the token which will result in dump when anyone will sell. So if the product is good and demand for the token increases in future im sure the price will recover so no need to panic from this sell off.
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BREAKING: The Reserve Bank of Australia exploring potential use of a digital currency (CBDC) that will be powered by the Ethereum blockchain!
The real good news will be the successful launch of Eth 2.0 with visible improvements in the efficiency of the network. Regarding the news it is not something special because most of the projects are being built or powered by ethereum. |
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No specific amount can be specified Which can be suggested.
It depends on your ability and status. Before investing, you should consider how much you will be able to afford.
For beginners who want to invest, I would say that they should first learn about it.
Learn and earn is better.
For a newbie or someone who is entering crypto market from other markets, I think getting aware of each and everything from each and every aspect is something very important, simply because without the compelte knowledge you will do a lot of mistakes and learn the hard way so it is better to prepare yourself first before venturing into new markets like crypto. |
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Is it just me or what? I honestly dislike projects that have anonymous team when the project isn't a privacy Monero kinda thing, even few Privacy tokens have teams that aren't anonymous, shit I just feel like they are hidden for a purposes, some kinda easy getaway? What's your thought about this?
I have always said this that if you have a bad feeling about a project during your due diligence phase just stay away from such a project. This bad feeling can be due to hidden team, bad interface, incomplete website, whitepaper or roaadmap.. In the end it is your own decision but these signs can definitely save you from loss if you make the right decision. |
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Lol power of smart contracts, personally i was not aware that we can automate or create processes inside our wallets too using smart contracts. I have heard some ico wallets do that but i always thought that team moves the raised eth to some other wallet everyday.
I think we all need to learn more about how these contracts work so we can use them to automate our own wallets and make use of these features.
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Yes they are correlated especially if we look them in a larger context of overall crypto market and overall sentiment. Just like now the sentiment looks positive and expectations of a huge bull run are there so i am hopeful that in coming weeks the price of bitcoin as well as the top alts will grow but depends on the momentum and the intensity of the bulls in the market.
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The list is somewhat surprising for me as i thought Ethereum would be the top and most discussed altcoin here also ripple has big community but seems to lack activity here.
It is also surprising to see that some newer projects are there like swapzilla and payaccept as well. I wish them all the best as their supporters want to see them successful.
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It is unpredictable how the btc versus altcoin market will move in coming months.
I have a feeling that bitcoin will be the first mover so till bitcoin achieves new highs there is high chance that most of the alts will range trade so in my opinion alts will make big moves only after btc settles after new highs.
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It could be possible in future but not now, iy is just a concept at the moment, i think first blockchain, tokenization and defi needs to be mass adopted only then the tech can be used to do things like these.
Personally i do not like this idea because i think humans should remain humans like nature intended it to be and no need to make him/her controlled or feel lile slave, everyone is free and should remain free so my vote is against this concept.
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Bounty managers of this forum it's time to wisen up, I know few bounty managers are already doing this but majority aren't, top rated crypto projects that raised millions of dollars successfully are finding it very very hard to pay Bounty Hunters their tokens after all the hardwork talkless of med rated crypto projects, they feel reluctant to pay bounty hunters reward so I'm begging you guys to start compulsory Escrow, if every bounty managers they seek ask for Escrow they won't have any choice but to comply
Some projects after gaining the required attention and hype due to the bounty campaign resulting in successful fund raise still hesitate to distribute bounty tokens, sometimes the team or the owner of the project tries to play smart by delaying the distribution or by making lame excuses. I think it is time that these people should accept the fact that doing such things will only harm you and the project as you are damaging the reputation of your company through dishonesty. |
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