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There are a lot of ways to confirm the authenticity of a project and with a little digging, you should be able to identify a fake project from a real and genuine one. Firstly, if they claim to have a physical presence, then you can always find that out by making some research. Also, if they claim to be registered, you can find out all the information about their registration from the body they are registered to. Thirdly, if they claim to have partnerships which is often the case, reach out to these partners and have them confirm such partnerships. If there are discrepancies in their claims, then it certainly is fake.
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Late bounties will only pay you well if you somehow get into those with poor or low participation. If that happens then there is a great chance of profiting decently from them due to the low participation. If that isn't the case then it becomes very difficult to gain any meaningful rewards by participating late. Since most hunters will have earned majority of the allocated tokens.
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Obviously... The simplicity of fiat and the believe system makes it extremely common in money laundering. Unfortunately, this hasn't been stopped or rather cannot be stopped since people believe way more in fiat than cryptocurrencies. The technicalities involved in crypto makes it unattractive to a lot of money launderers even though crypto is by far more effective and efficient. The transparent nature of crypto makes them avoid it as it will likely expose their fraudulent activities.
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I say yes! Better to stake them on all on something legit and have them accruing consistent and residual income/profits than to allow them sitting on your wallet without increasing in value or worth. There are some very good places you can stake your TRX and I have a lot of friends who have been doing this for some time now and the results have been pretty impressive. I advice you to get on one of the staking exchanges and sites and have your TRX staked.
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The Ethereum fees have risen considerably these past few months and the network has been strongly affected by crowded transactions leading to congestion all the time plus the fees have been increased by miners arbitrarily leading to lots of complains. Thankfully, the Ethereum version 2.0 is actually coming to put a stop to some of these challenges and reenact the importance of the Ethereum blockchain. We only is comes sooner than expected.
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Absolutely very true.. Several projects have been at the forefront of this drive and push trying to bring the mainstream and several key sectors into blockchain and the enormous potentials of cryptocurrency. This is beginning to yield friuts with several penetration of blockchain currently going on. Its only a matter of time before it becomes fully adopted.
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DeFi is the new trend and I see a lot of people scrambling for DEFI projects currently due to how lucrative they are and the ability to make people some decent income. However, just like other trends that have come before it, there will be an abuse of the entire process leading to several scams and frauds looking to cash in on the buzz and defraud unsuspecting people. My advice to anyone is to be very mindful of what they invest their money on.
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#JOIN & #Proof of authentication
"Twitter Campaign"
Telegram username: @CryptoOnClicks
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To profit decently in this industry, one has to be opened to the idea of thoroughly searching for highly prospective project tokens currently trading at almost Giveaway prices and investing in them. When they pick up speed and decent value, they tend to reward early investors greatly. There have been several stories and experiences shred by others that attest to this fact and claim. Invest early and you should be able to hit gold nice and early.
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Vindax has to be one of the worst crypto exchanges currently available in the industry. Not only has it been found in the news for negative reasons, it has continued to be associated with projects with questionable tags all over them. Also, the bots trading on the exchange are next to none leaving users with several complains and unsatisfactory remarks about the Vindax exchange. I will strongly advice anyone against the use of that exchange.
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This has become way too common in the industry with bounty managers accepting to work on just about any project and in so doing, accepting mostly worthless projects. This is often because of greed and the non chalant attitudes they all have towards the bounty hunters. They really don't care what the hunters stand to gain or lose, the only care about their own pockets and the ability to make a quick buck.
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These kind of news and updates have been spamming several crypto groups on Telegram and its becoming a common tool and way through which scammers lure unsuspecting people into their cheap scams. They get you interested with false claims and have you join their so called VIP subscription groups and then either sell you spywares and malwares as robots or they take your subscription fee and disappear without offering you anything in return. We all must be very careful.
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The fastest way to achieving this will be for world economies and governments to pass regulations towards adopting cryptocurrencies as a way of transacting businesses. With such a backing, crypto and indeed blockchain will finally go mainstream to the satisfaction of everyone involved. Unfortunately, this is a difficult ask and task seeing how several countries are yet to come to terms with the fact that cryptocurrencies have come to stay.
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Every investment carries a potential risk and this isn't associated with cryptocurrencies alone. However, I understand your point about investing in new coins or tokens. This is because, most of these newer coins aren't particularly popular and solid in the industry making them a huge risk as most will not make it and thus leading to loss of investments. It is always a good thing to invest in only solid projects with a fully visible structure in place. These kinds of projects tend to last longer than the newer ones.
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A good example to affirm this claim is the recent spiking of Atomic Wallet Token AWC. This project has literally grown from a few cents some months back to over 1usd recently. This further explains why patience is hugely important in this industry. Not only does it give you more wealth in the long run, you can actually get to invest more by picking up assets at way cheaper prices and watching them grow tremendously in price.
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Biki.com and Citex exchanges both offer some very impressive and highly lucrative staking options for lots of projects. The percentages are decent and also, it is so simple to get started. I have been staking Asian Reserve Currency Coin ARCC there for the past 2 months and its been worth it plus I get to compound my earnings which is another huge advantage.
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This is why it is a good thing to follow up on projects and see how serious the project team is. If they were serious about developments and growing the project, they ought to have made provisions for several other exchanges and listed their token there and not depend on a single exchange. Now, you are left with the options of forgetting about the loss or holding onto your tokens in the hope that someday, it will be worth something. Also, you can try and reach out to the project devs and see where their commitment lie with the project.
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