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What Libra needs is favourable regulation to put the project in check and to protect the users. Libra will bring massive adoption to crypto industry like never seen before. From a perspective of a crypto lover, I propose Libra should be given the chance to demonstrate the ability of blockchain to world on a large scale.
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Good evening. As for today, can you guys say that there are different approaches towards making profits? What strategies do you consider for yourself?
There are different strategies used by different traders. The truth is that what works for me might not be suitable for you. You learn from your experience, from experts and from constant practice. Through that, you can easily adopt a workable strategy. From what the OP said, you don't have to wait for long before you take profit. Sell when you are above your initial entry price and don't be greedy about it. |
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Is crypto included in the ponzi scheme to get rich quickly?
in most cases I have observed why people rush to get short profits, this is not a good way. I mean the decisions they make are not based on common sense.
This is not what you think, if you think that crypto can become rich overnight, you don't need to bother avoiding investment risks. You only need to focus on crypto investments that you think can make you rich.
but unfortunately the market says it's different, there is no way to get quick profits & all you have to do is how you can survive in this market. between a fixed choice with the same option or switch with another option.
I really love the concluding part of your writeup. It clearly states the whole situation of this current market. It is all about survival first. Stay alive by all means, either through the old strategy or another. Profit will definitely come but will never be overnight. |
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BNB is doing well and so far one can categorise it as one of the best performing altcoins. There is lots of development going on in its ecosystem and the community is becoming stronger as well. If the momentum is maintained, BNB will perform exceedingly great and bring a lot of profit to its traders.
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Best to go about this altcoins issue is to stay with and invest in trusted and tested altcoins. They aren't much but they can give any holder rest of mind and assurance that the future will be profitable.
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This is a phase most new traders will probably pass through. A phase of noob, trying to proof smart with any trading strategy or knowledge. Most professional traders of today probably had been in this situation you just described. Some lessons are best learned by experience. Whoever is willing to give it what it takes won't be discouraged after losing first trades. Like you said, you can't rush trading, it requires patience and solid knowledge.
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No need to spend your energy removing shit altcoins. They will slowly die a natural death by the time this market hostility is done with them. It will be the survival of the fittest. What every participants need to be concerned about is to avoid investing in these shitcoins and educate new crypto adopters.
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Patience is key in crypto. This factor is important. However, the current market situation is beyond being patient, rather taking action at the right time and be smart about it. Change strategy and explore safer approach to stay alive in this heat. Not in every situation is patience the right way to go.
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When I come across this kind of opinion or statement, I always ask myself how the crypto market would be without altcoins. I'm not disputing the kingship of bitcoin, but altcoins brings more dynamism and diversity to the crypto industry. The shitcoins are as good as dead, but for the genuine ones that offer real good usecase to the world, I can't but to wish them success.
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when investors and the crypto community already believed, but the team said differently! - The team did not respond well to the crypto community. - The team is very shady and does not provide updates about their projects on the telegram & social media channels. - The team plans to take a vacation - The team blocked accounts one by one from each community who questioned about the development of the project. - and finally you are banned in this group  it's so annoying, how you feel?  Carefully taking the above hints into consideration, it will be very easy to detect fraudulent projects. They are quick to block anyone that question them or challenge their technical knowledge about the project. |
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In my opinion, the strategy that could help people adopt blockchain technology and crypto trading would be making an effort to educate the masses about this technology. People will only adopt something that they have a full understanding of. Campaigns and advertising the technology on social media platforms where most people are participants would go a huge mile in helping the adoption of crypto.
You made a very good point. Educating the people about blockchain technology and cryptocurrency will facilitate mass adoption. However, through my experience in crypto space, I've come to realise that self-taught or self-education is the key to have a full knowledge of blockchain which is always bred by love for the tech. Educating people should be in a way to awake the interest in people and from there, these individuals can carry on personally. |
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most prize hunters choose good projects, strong communities, real roadmaps, quality products, many participants are involved, teams and developers have a good background and the team is responsible for the work of the participants.
You've said it all. In addition to what you've started, the record and credibility of a Bounty Manager is another factor to consider. A project can be good in everything, but coming to bounty campaign, a bounty manager can be so good in frustrating hunters. Some of them don't even know how to screen a project before offering to manage the campaign for them. |
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What the *eck is going on? we have many good projects coming into crypto space but they mostly end up failing, too many good new projects are dying as if they are been created to just die, what do you think its killing new good projects apart from scam projects?
Yes, I noticed this thread as well and what I could make out of the situation is that these projects despite having good and realistic projection, they find it difficult to raise any amount to kick off the project. I still received an announcement from a project (MinedBlock) last week. It was stated that out of $500k needed to start the development proper, they were able to raise only $25k despite launching its IEO. The market is not stable yet and investors are reluctant to put their money into any new projects. Seeking private investors or institutions for funding are what is making some projects progressing and only few can successfully secure good funding from institutions. |
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I received a decent amount of token for their bounty rewards, but I still hope for the best for the company that, they will find a solution that they are facing right now.
The confidence I had with MiracleTele was that they have a working product and doing great with their telecommunication services. I have seen a number of individuals who ordered for their sims and confirmed that they are working effectively. The project made some decisions and it backfired. I also hope that they find a solution to the issue on ground and investors and holders can smile again. |
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This writeup clearly show what is being going on behind the scenes and afterward, the blame is always on hardworking bounty hunters who put resources, energy, time and money together to make project a success. An additional advantage of hunters that Bounty Managers and project managers are not aware of is that hunters in most cases are also investors. They often invest, contribute financially to the ICO/IEO once they see the prospect of project is good one. But bad decisions from projects always cause the down fall. Next after that is a blame game and hunters are always at the receiving end. I can only hope that we have transparency to reveal who is really the bad actor.
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Trading can become unhealthy if you are doing it for the wrong reason or for an unhealthy reason. Chasing after huge profits or unrealistic targets without preparation that things can turn south can be disastrous to the health. Force trading when you shouldn't trade at all can lead to stress. Trading under stress or duress, trying to recover your loss at all cost are unhealthy trading practices. Finally, it is important to have passion for what you do. You must enjoy trading and definitely makes you happy whether in good or bad times. Everything shouldn't be about money making or profit.
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