That's a good way to start with. But some of them bigger scam than location hack. I saw projects like spot who have a big office they meet with projects like travala or efx they did a hackathon then they just disappeared with people's money. The first this you have to check every team member. Go for if they register the company or not. And the best thing you can do is check the whitepaper and know that the project has a potential in future or not. That's it. But still sometimes it's hard judge.
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It fully depends on which coin you are investing and when the investment is done. Coinmarketcap lists almost all coins. At this time there is more than 2k+ coins available in cmc list. But not every of them are truly good coins. Most of them are not. You have to pick which one is good to buy. You can easily go with new coins but first check the background. Do some research before investment. That is the only way you can save yourself from scams.
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I don't think that corona or pandemic situation. At the first when the corona situation started to come we see some fall in the market. But that was not long. After that we saw a steady growth in the market. Btc is kinds of stable in the 9k zone. Little bit dips and ups came from btc. For the stability of btc we Sam a high growth from many alts. Normally small and mid cap coins grown really hard. And defi based project gave 2-3x also. And the alt season is still growing. So market is fine in my opinion.
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Yes. When pandemic just started the market is a bit low. But time to time the whole market show some great move. Bitcoin is kind of stable in 9k range. For bitcoin stability we saw lots of coins performed really well. And this wave is still going on. Allover the whole market situation is really good. And somehow this whole crypto space survived the pandemic situation.
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In this space there are lots of exchange available. And very few of them runs the trading in a good way. I also experienced the same thing. But in another exchange called cat.ex .I deposited my coin try to sell it. But then I realised something is wrong and then try to find it. And realised that they it's impossible to sell coins in that exchange. If I I have to sell it there I have to sell it in half price. Plus this type of exchange has high withdraw fees also. There are lots of example. Just check the exchange before deposit. And be careful.
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Almost every country and tech company already accepted the blockchain technology. They accepted the fact that blockchain is the future. The problems comes with crypto currency. At first many countries want to block them and some of them did. They try to block the path of this future edge technology. But they failed. Now they are trying to adopt it. And many of them already did. The only reason behind it that people accepted it. And day by day more mass are accepting it. So it is the future and it's hard to stop.
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Ethereum is the biggest platform based token available. So there is a lots of wallet support for it. But most of the people who knows about ethereum are known of myetherwallet. I think everyone should try it. It's a web based wallet support all standard and all types of ethereum based token. And it's also my favourite. Other than that for mobile use I use a wallet called mathwallet. It's support others chain too. But it's easy to use. You can pick any of the wallet just check that it's support all the ethereum standards.
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Yes due to coved-19 and lockdown situation a lots of people are into internet. The in this situation many people are entering this market. Still I think if you want to launch a project and and if your project have enough potential then nothing to worry you can launch your project anytime. And one more think for this pandemic situation many people lost job. So maybe many of them withdraw money from the crypto market. That's also a possibility. So think about that if you want to launch a project better you concentrate in the project not in the time.
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There is nothing to do legally. In last few years many icos exit scams. Many people try to take legal step. But somehow they escaped. And in most cases it's hard to take action cause they are in other countries. The only thing we could do is not to invest in those icos. For that grow your knowledge and before the investment do some research on your own. That's it. There's nothing more we can do.
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I don't think that ICOs will be back. In 2017-2018 the ICOs awere highly popular. But due to lots of exit scams a lots of investors lost a huge amount of money. So at this moment people don't trust icos. But still few icos are still successful but the number is very few. The few form of investment has come to market. The ieos. And it's more trustworthy. Atleast you don't lose all your money. And if the ieo is in a big platform like binance or kucoin you will surely make a huge amount of profit. So for this reason I think it's hard to come back that for a huge ico market.
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In this crypto market there are lots of scammers around. But most of us who are in this market for long time they know how to avoid scammers. Mosi those who are new to this market trapped by the scammers. They want to earn easy profit and end with lose their money to scammers. Sometimes knowledgeable person also could be a victim but that one have to be a big scam So whoever you are first do some research on your own before invest anywhere.
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Yes, ethereum address and erc20 is same. Though the there is a small difference. Erc20 stands for just one standard off all ethereum standards. So if you make a ethereum wallet from decentralised wallet it will support all the token based on ethereum blockchain. There are a lots of options available but I would suggest you to go for myetherwallet. It's very easy. They also have a step by step tutorial. So it won't be a problem to get ethereum wallet address. Just keep on mind what ever the private key or keystore file is keep it safe.
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Yes in last few months we see a lots of gold based token. And in day by the the number of this kind of project is increasing. At first I thought this are all good but when I start to research and want to understand then I know the facts. That most of this kind of projects are nothing but scam. And I started to see that in few months this projects are fully gone from the market. And there is no guarantee that they really backed gold. So Beawar of this kind of project. Dont rush,if you are new do some research before invest in any gold backed projects.
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Normally is this forum legendary members are respected ones. Most of the people know that those legendary accounts with high trust are in this forum for a long time. So when a legendary member run a project it is a bit trusted than member or newbie rank. But a bitcointalk rank never assure the intention of the project. Afterall we all work for money. If the project pay a good amount to a legendary rank and asked for a conduct a campaign he will do his best. Now it's upto the project it will go scam or not.
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For me both of them are really. And there is no reason for not to trust them. Ethereum is the most used and most popular platform based token which also have the biggest volume. In other hand BNB was just an exchange coin. But now BNB has a chain,its own dex, Plus binance used BNB for its launch pad to. So both of them are very big. But in terms of return I am more bullish about BNB. It's my opinion. It's not a investment suggestion.
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Yeah. You are right. Most of the successful ieos are brought by best exchange. Normally people know that ieos are profitable at this moment and those ieos which are listed by big exchanges are usually more profitable than others. And investors are interested in those ieos cause they know when a big exchange support them there is very less chance of getting scammed or something. So if the ieo is backed by a big exchange it will be successful as easy as it sounds.
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It's hard to say at this moment. But surely stable coins are a very important part of this whole market. Normally at this moment people use stable coins to hold value when market is volatile and for trade also. Other that that normally those who accept crypto go for bitcoin. But in near future maybe some organization or individual start to take stable coins also.
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I have been using usdt for a long time now. And I never faced any kind of problem regarding usdt. I know many people talked about usdt scam or fud. But nothing happened to it no price fractuation or nothing like that. And most of the big exchanges used it and the volume of the coin is too much. So there are very few chance that usdt get scamed or something like that. And if you still hesitate to use usdt there are a lots of option available. You can pick any of it.
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I think I always go for binance cause it's very easy to use. When I entered this market the first exchange I tried was binance. Then I tried a lots of exchange but still now binance is my favourite Centralized exchange. I liked it for many reasons. Easy to use, most of the coins listed by binance is trusted, the volume of those coins are really good, the security is high and last but not least the customer support is good. I didn't find any problem in binance. So I just use it.
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For me both of them are very trusted. But it's hard to choose one. At this.moment ether is the most popular and most used platform based token. It's one of the most decentralised platform available. In other hand binance was just a exchange based token. But now they have a platform ,they have a dex based on that platform, and Plus they have many usecase of BNB in binance exchange and binance pad. But binance is centralized. But technically binance chain is better than eth till now. And in terms of coins I think BNB will grow more than eth in term of roi.
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