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Sometimes you wont blame them because they may not have enough money to afford those big exchanges you suggest to them , hence they prefer to go for cheaper Exchanges .
Apart from this how about paying that huge money on a big exchange and due to low trading volume token get desisted after a short while ? I think some of them also consider this and prefer to build their volume from small exchanges before getting to the bigger one.
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Although the global pandemic caused by covid -19 affected the world's economy and perhaps in-turn affects investors who would have loved to invest in some projects but that is not enough excuse for projects who claimed to have a strong team on ground to fail. So many excuses and some developers hide under the excuse of the pandemic to abandon their projects to the detriment of investors.
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i have also seen this , meaning we need to be more careful . these hackers actually scam some gullible people of their btc . Newbies especially have to be careful how they respond to some online investments that are not verified.
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Friend i think what they do is to use hunters to shill their project and while they hype , investors come in and team use that opportunity to dump the project , that is why you see that before the end of the bounty they are done dumping their share and the price becomes shitty . For some , they will delay the distribution of bounty rewards until they are done dumping their bags.
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i think the best option for newbie is to focus on top coins and buy when the price drops then sell when it moons . But that does not erase the fact that they have to settle down and study the market before investing.
i noticed that some of the newbies think crypto is a get rich quick scheme therefore they expect to get 100% profit within 24 hours and when this does not happen they give up .
Do not forget even after buying a top coin like btc you may experience a dump in price and have to wait for weeks or months for it to moon so you can make profits.
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Well if you asked me to choose out of the two BNB and ETH i will choose Eth over and again . with a lot of projects on the etheruem blockchain there is a tendency of its price going higher . Although there is a bear season for all crypto but we know that Eth even when it dumps its more likely to moon again compare to BNB.
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#PROOF OF REGISTRATION
Bitcointalk Username:cryyppton1
Telegram Username:@donnaldd
Participated Campaigns: 1. reddit 2. linkedln 3.comment 4 telegram
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