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when I get a bounty token I always try to hold it until I need money and then sell it. So basically I don't think of profit or loss when I will sell coins from my bounty because that is a coin that we get without using fiat but only works with time.
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Due to recent good news from the Ripple on their Xrapid Development price of the XRP coin is booming. As per the CMC total market capitalization of the Ethereum on CMC is $23,347,677,622 & Ripple is $23,343,115,883 Billion which is very near. Looks like ethereum will loose rank 2 if the price of the ripple will increase more. Whats your thought on this?  https://coinmarketcap.com/Update :- Finally Ripple Dethroned Ethereum From Rank2  . Is this the bad sign for Ethereum??? Yes, a few days ago I saw that ethereum's position was shifted by ripple in coinmarketcap because at that time ripple was experiencing a fantastic price increase so people moved to it, but now ethereum has been able to reclaim that position and that proves that ethereum is the most expensive Altcoin popular and also have good strength. |
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I do not have any preferences regarding the specific crypto-currencies presented at IDEX. There are very small trading volumes on this exchange, so it is useless to consider it as a platform for active trading. This exchange is very good for selling bounty tokens, nothing more.
just like you, I use IDEX only to occasionally and not make it a place to trade regularly. the reason is because sometimes there doesn't have a high trading volume while the main need to trade is with a high trading volume, but IDEX is also a good place to sell some coins obtained from airdrop. |
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at this time I began to see some coins starting to recover slowly but there were also altcoins who were bleeding. So if you ask if this is the right time to invest then I will only answer YES for coins that have great power and also in the long term.
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Even if someone is using myetherwallet or a similar decentralized exchange they can still accidentally give their keys to hackers, just recently the DNS server of myetherwallet was hacked and people transfering ETH or tokens that put in their private keys to access their wallet were compromised.
For the best security use 2FA
Don't use priv keys anymore, use metamask or a hardware wallet to connect to myetherwallet
Use one email address for crypto exchanges, not a universal email for everything.
Dont post on social media with your real name and information about your crypto stuff
Bookmark sites so you dont get phised
Sorry about your friends loss, hope he can get passed it. good luck
It's true that I really agree with the suggestions that you have given, especially at this point. Dont post on social media with your real name and information about your crypto stuff
Because in my opinion it will be very inviting hackers to find out who you are and start looking for information about your wallet then steal it, other than that for me there is no point in posting asset values on social media so you should never do that. |
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I know people are trading tokens, putting them on exchanges to sell into either BTC, Ethereum or fiat. However, are there any examples of projects setting up online stores where these tokens can be directly spent on goods or services? It seems that using Metamask there ought to be a standard interface somewhere for these kinds of transactions.
in my opinion it will be difficult, although some time ago I heard that there were shops that had received Crypto. To make that a reality we really need coins with stable prices because the prices of goods or services cannot change every day like crypto. |
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Yes wallets can be hacked but it requires some sort of carelessness from wallet owner as well, i think if you upload your private key or password at some phishing link or store your data at some unsafe place online your wallet can be hacked.
That's right, and one of the most common carelessness is uploading a private key to a phishing site, but some people always repeat the error. For example, many of my friends experienced burglary wallets by thieves and made their balance to zero. Perhaps the best way to avoid that is to always be careful when opening a web or wallet site and it's better to use an offline wallet. |
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As there are hundreds of new ICO's every week but unfortunately most of them are scams atleast more than 30% of new ICO's are scam and if things go like this then people will lose trust on ICO. Kindly help me with your suggestions about filtering scammers.
In addition, the ICO is also often used as a place to raise funds quickly for scammers. But investors' enthusiasm to keep investing in ICO keeps the ICO project trusted. It is indeed very difficult to distinguish between real and fraudulent ICOs but some people do analysis on team members of the project whether it is real or just a lie and so far this method is still effective to do. |
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Of course, those who buy coins when they fall are big popes who want very cheap prices and those who sell panic are people who need money or don't know the coinage
That's right, when the market is in turmoil, a lot of people take advantage of this situation as they are big investors who always take advantage when the market falls, they do that to take considerable profits in the long run so they won't lose enough funds. |
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it will continue to occur during the many ICO projects that use Ethereum. Although there is always good and bad news circulating about ethereum, the belief in ethereum is still great and that makes ethereum one of the coins with good strength and can continue to survive in the market.
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What is your opinion on the current market? Good day coming soon For traders because of major coins are in oversold position. Just need some good news.
Honestly, now I would say that this market situation is a very unstable situation because the increase and decrease always occur so fast and difficult to predict. It's time to buy Ethereum, Bitcoin and others coin
It's true that I also have the opinion that this is a good opportunity for investors to buy a few coins that have the potential for long-term investment. |
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Maybe it will be very hard if we can imagine bitcoin will reach $ 100k in the next 2 years. When viewed from its history, indeed the increase in bitcoin prices from year to year is promising, but there is one thing that I fear that when bitcoin is getting more famous, many people are also starting to lose confidence.
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it seems not for this month, because there is no information and also market movements that can ensure that this month is the best month in the market. But many people argue or hope that the end of the year will be a big peak.
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Look at the long term, and do it.
Investing smartly in market conditions like this is by utilizing the decline in market prices and then holding in the long run, try to consider this. If you buy some reliable coins at this time, then holding them in as many years as possible, it will be very profitable but if you feel hesitant, try to start with the funds you can afford to lose.
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here is nothing new,
everithyng will be ok,
we can see market reborn soon  I like your optimistic and uplifting thoughts. This can make the enthusiasm of investors to be large so that they are not involved in the current market chaos, keeping holding and seeing maybe that is what we have to do now and what must always be remembered is that the market will not be forever red. |
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I think yes. now a when coins launch on exchange people who invwsterld or the project people pump the coin to get maximum profit. And after some time the market will start to dump.
This is the scenario now, after the exchange listing they will dump that coin literally until it hit below the ICO price, usually bounty hunters do this thing. So no matter how good that coin, hunters will still dump it so if you are an investors better to sold it as fast as you can and then buy back later on. but in fact in my opinion the bounty hunters will not be the main players in the price decline that occurs in the coins after being listed on the exchange because the bounty hunters only have a small portion of the supply. So in my opinion the price decline will definitely occur because investors also don't want to sell when the price has fallen. |
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There is always a big risk in investment. But it will all depend again on choosing to invest, even patience will be the main actor in investment. What I see here is not only the coins you have but almost all the coins are in bad condition.
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no, I don't think so. maybe the price of ETH is high right now, but the ETH market is always fluctuating up and down, so I think it would be very dangerous to invest in ETH at this time. that's my thought, the decision is yours.
It's true what you have said, because prices always change from time to time. But if we plan to keep it for a long time then it will be a good choice even though we buy it now because I always feel confident that ethereum can return the price. |
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Indeed, following a bounty campaign with reporting every week makes us need a lot of time. Besides the bounty hive I've found bountyportals and it seems there is no need to submit a weekly report.
But my note is that every bounty on a platform that doesn't need weekly reports makes us get a small portion.
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