Uniswap is the DEX that scam project will choose because it is very easy to listed there, Uniswap should not easily accept new projects listed there,
that is why it is called decentralized exchange, cuz it is not controlled by someone else. if they chose to filter all of the listed-coins on uniswap and it would have been only 5% of the all-coins are survived cuz probably the rest of them are scams. but yea, they have to make an action so there are limitations about which coins should be allowed to list |
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Most of them will fail woefully as they are just reinventing the will without any new idea. The majority of them will struggle to get listed on any of the reputable exchanges.
that is what most of the new projects do, so many copycats projects with already existing ideas and it does not bring any new ideas, most of the projects are just following other hype so they can grab some money even though it is quite obvious those are scammers. i have no hyper over new projects unless the team is really transparent and have something to prove later on |
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Was just kind of curious if many of you also tend to get random calls or texts every time bitcoin goes on one of it's runs from family/friends/acquaintances asking you about bitcoin/how it works etc. I'm also curious if you're getting more calls/texts this time around, or about the same as other rallies?
i have actually, there were friends of mine really surprised about how the hell i got money from bitcoin and they started to ask me how do i start earn with bitcoin and how to get started into bitcoin. where at the beginning they were bitching out of me cuz they though bitcoin is useless and worth nothing and they are wrong and eat their words forever |
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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
it is a good tips, yet for the no.1 tips you have to learn by experiencing it first rather than let it go just by that. greed is a human nature and sometimes it is really difficult to control our greed cuz of the market condition and other factors which makes our decision really matters and to maximize our profit of course, the said user have to try it but we can not blame it at all if they are greedy |
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harmony or ONE was a project where both the bounty and coins itself was having a blast once launching. i remember it was one of the other coins where it was listed on binance cuz of the ieo and after that ieo, the price went up really fast and both investors/bounty hunters were getting profit by this project, so i think this project is worth to try and maybe you can get some profit from there
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that is sad actually, cuz most of the farmers are having a difficult time wth this current pandemic. they can't distribute the comodities properly and no one buys their stuff with the insane amount of price. farmers are angry and destorying all their crops. on most of the 3rd world country, they are suffered of that. it might be continues as long as covid is exist
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it might be too expensive or too high for you to sell, you can actually buy it and hold it till several years. or that i would really recommend you can do short-term trading or we called it day-trading. i think high volume coins are really benefical with day trade. we could make much money with this method but it requires you to have knowledge and understanding in reading charts
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chainlink is really good for day trading as the price is really volatile even in 5 minutes chart, you could get something from that. but i don't know for long-term investment, it might be good cuz of how high the trading volume is but looking at the past month there is nothing too significant on chainlink. you might have to look more in-depth for few more days to make a decision.
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it is too be honest really difficult to earn money during this pandemic, even my family is really struggling to even pay the monthly bill cuz of they reduced the paycheck and we did not get as much as we did outside of the pandemic, that is why i am running this cryptocurrency because i want to help them earn money, i think this good for us
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it is a strong cryptocurrency but there is no way it is a stable crypto. how about the price progression in 2 years? from triple digits to five digits what we have currently right now. if you look at the price chart right now, you probably see the chart itself is really volatile, there is no way bitcoin is a stable coin cuz of that reason
BTW, who want to invest in a stable asset? me, i think investing in a stable asset is necessary for your future backup, maybe you want to save some for your backup in case you need urgent money to pay something. that's why people who does not know about bitcoin prefer invest on gold cuz the profit is guaranteed and there is nothing to lose there and i am pretty much agree with that |
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Bitcoin is one of the strong cryptocurrency and it is the most stable digital coin nowadays. Also, bitcoin is one of the promising investment in digital world. Since, peoples economy nowadays are unstable due to the pandimic situation in the world. Peoples are looking for new source of income to improve their economy. Do you think bitcoin is the best investment choice nowadays to earn money?
it is a strong cryptocurrency but there is no way it is a stable crypto. how about the price progression in 2 years? from triple digits to five digits what we have currently right now. if you look at the price chart right now, you probably see the chart itself is really volatile, there is no way bitcoin is a stable coin cuz of that reason |
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my fears on new crypto, most of the new cryptos are not going through the ieo phase. look at the recent ieo on this forum, they didn't even went through and then even though they passed that phase when they listed their coins in exchange it would worth nothing, because the devs itself dont even care after that. if devs really care about the projet after listed on exchanges then it would be fucking great
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In the process of trying to be a future whales you could lost everything,trust me this got me no where and I realized that I've lost tons of money because I was never contented, be smart and always take advantage of any project that brings you profit,
most of the experience traders only tell you about the profit but believe me that they have lost so much money to be at that place. become a rich person it's not easy task to do, you can lose more money in your journey to get money. you are correct also that small profit is also good for your income as well do not stare at your wallet and say 'im gonna be rich in 3 years later' this is 1% out of 100% chance that it's ever going to happen, remember, been rich isn't the most important part of our lives but living a good life is.
if its on bitcoin then yes, but for other altcoin, you would be better to trade it regularly |
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easy spot for binance for sure, whenever you ask someone which one is the best exchange, they will say binance of course. binance has lot of features for both new and advanced users for their needs. they also have binance academy for you guys who still new on trading, that is really great to start up with. really recommend binance for your daily trades
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What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.
welp this defi projects are similar with ico hype in 2017. new projects are developing their new ideas and make public sales through ico, as you can see at that day many of them are success and of course there are also scammers around it. and also cuz of these fuckers that's why ico dead in 2018 cuz investors are tired of these scammers ruining their investments. same thing will happen with defi |
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I'm very worried, Will I ever be able to make some income by trading crypto? Everything I buy is down. If I want to earn something from Crypto trading, then what do I have to do? What do I need to know?
i think it is just an unfortunate moment for you to buy at that time, maybe the time is not correct and always went to red. maybe you need to learn how to manage your money and learn how to read the candles and read the event also prediction could help you really much, you will get at the point that you can generate income from there |
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Things why a person can easily get scammed in crypto-world
1. Greed
2. No knowledge about the project
3. Trust
it's summarize why people including me are always scammed by these cheap projects, i am trying to analyze and do a research first before doing any investment from this time cuz i don't want to be regret in the future, i'm tired of that site. but no one knows what would happen in the future even though it looks really legit at the beginning |
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nothing for now, uniswap was a blast with the airdrop and yearn i think if people actually invested that on early days. cuz most of projects these days are trash and they are just following the trends for scamming and stealing away the investors money, look at some of defi projects they are trying to plagiarize whitepaper to make it like they made it by themselves, so difficult to choose one favorite project
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