I don't think timing works for all coins, why? the reason is, a coin like Bitcoin hardly needs timing because it is a very good coin which when bought and held gives a reasonable reward irrespective of when the buying took place. Also, I think Ethereum falls into the same case with Bitcoin because everyone has seen its valuable nature till date. However, there are still coins or tokens which I believe that, timing is very important and these coins are mostly new altcoins. There have been new altcoins which has never maintained a good price range thus for this types, the time of buying and knowing when to sell is very important.
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To be sincere not all new altcoins are good or should I say about 90% of them are bad. Taking a look at new altcoins today one can only see a team are busy fending for themselves first while giving excusing to developments and so on. And this nonchalant behaviour has caused most investors to only care about profit, that is, once IEO is done, they dump and move on, taking their capital plus profit. From another perspective, most new projects goes about copying others, which now brings the concerns of, how then can they develop when they don't have the right knowledge about what they are doing. So nowadays, holding new altcoins for long, 90% of the times ends up in regrets; thus it's better to hold for for short term to be on the safer side unless there is a strong motivation behind that new project.
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Proof of registration post link Telegram Username: @Emma_Chuks Participated Campaigns: Twitter, LinkedIn, Signature and Blog/Article
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The unfortunate things happening with me after long crypto break . Now tenx pay is delisted from kucoin even its having good daily volume also having fair amount marketcap now it’s delisted from exchange . I am not finding any proper reason for delisting. Are there in problem with tenx pay.
I think one of the prominent reasons why an exchange will delist a coin is when the coin in question have low trading volume, at least the best I know about most exchanges. Also, I think before a coin is delisted from an exchange, the users will be informed as well as given reason why such is taking place. Now contrary to your opinion, the coin Tenx have good volume but yet was delisted, in this case only two parties knows what happened, Kucoin and Tenx, therefore ask in their respective groups to know more; if Kucoin delists Tenx without appropriate information to users then it's wrong.
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Before now we used to see gold assets backed cryptocurrency projects which of course didn't worked out well, many projects which took that path are nowhere to be found now. Am not comparing both ideas because they aren't the same team but actually want to understand why or what will make people invest because some might be of the opinion that it is better to buy the real silver than trying with a cryptocurrency when it's obvious that the crypto space is unpredictable. On the other hand, this team might still be doing something different thus we can only but watch a bit more carefully to be sure they are worth it, because in life there are always exemptions and this Sliver asset backed crypto might be good or not.
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Hy, If you want to invest in a project then you will need analysis about those projects before your investment. Since It is very important to keep our money safe because we do not support losses our money.
1. CEO (Of Course almost 5-10 years experience) 2. Team ( Clear they're Linkedin/Twitter profile) 3. Everytime dev team activity (Support telegram) 4. Daily Updates Social media (Twitter, Facebook,Linkedin) 5. Promising development Roadmap 6. IEO process (Fixed Announced with popular exchange) 7. Clear Whitepaper (etc)
Note: This is not enough article for analysis a good project right now at this time. Because i see some trust project going to death after few month later. So here in many people, they're have lot of skills for checking a good project. (Therefore, welcome to share your mind).
I agree with a good number of your points while I do not totally agree with some such as in the team Information, I think for a project which want to scam Investors, they can go any length to see that their aims is achieved thus manipulating team Information is just one of many ways. On the other hand partnership just like someone else said is also a deciding factor; if a project have good and trusted partners then it's likely the team will be true since the partners can easily be asked if they are in partnership with such project or not, hence looking out for good partnership is also a good way of knowing if a project is worth it or not.
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Any use for coins/tokens of defunct projects like Synereo/Hyperspace (AMP) and others?
These are the ones you could remember, there are many of these projects littered around the crypto space whose team are having the best time of their lives now from scamming investors. There are even others who still not listed but keeps saying they are working on their platform when it's obvious they just played their investors. So in essence, there are many ways through which investors were scammed, therefore any coins or tokens which is considered dead is dead and should be overlooked henceforth, thus there is no use for these ones aforementioned.
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The idea looks good to me, that is looking for a way to end the hunger problems in America, but however there is a big roadblock and that is the fundraising method you are choosing, which is the ICO. ICO method of fundraising is long gone into oblivion thus no one is saying anything about it and even if any project comes up with, there will likely be no chances of success which is as a result of the known fraudulent nature of ICOs. Nowadays, people prefers IEO because the project team can't outrightly scam them unlike in ICO. Therefore my own suggestion is, if you really trust in your project or idea, get a team if possible, work on the idea to be more better, perfect it and seek for IEO on good exchanges.
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Warning strictly for Newbies!!!Do not ever try or think about getting loan or borrowing money to trade altcoins or invest, the damage will be so disastrous, many did this mistake in 2017 when all crypto coins are booming but I can tell you that until today they are still in heavy debt, losing your hard-earned money is better than losing loan money, imagine the frustrations Crypto investment is a high risk investment plan and they only way to get by is investing only what you can afford to lose... take my advise and let it sink in your head. Sincerely I stand with you, anyone taking such steps to borrow is only killing himself, even those who are investing more than they have are feeling the heat let alone someone who borrows. The simple way to do things, especially when it comes to investing is to stick to how much your account can bear without it affecting your personal life. The volatility of the crypto space is too much for someone to lack the right approach to investing. Lastly, I also have the mindset that it is not only for newbies but for everyone, because there are people who are still moved by hype.
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That's right and i agree with you. Blockchain has shown a new way of storing data which of course is welcomed by a good number of people. Cryptocurrencies on the other hand is bringing a new definition to money and as usual accepted by a good number of people too. Talking about speed and spread, I think both goes together where lack of speed is most times seen as the cause why blockchain is not yet massively adopted. Nevertheless, with the level blockchain has attained I believe the future is bright and it's only a matter of time for mass adoption to take place; this pandemic has also contributed in bringing more limelight and attention to the crypto space.
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In my own opinion, we only have one coin which is the future of the cryptocurrency space and that is Bitcoin. Talking about USDT, although it is the best stablecoin so far (or so I thought) but I think some people still don't trust it because of the various news and so forth about it. Although the stablecoins are very important to help curb the issue of volatility but that's where their useful nature ends however in the case of Bitcoin, it is something different which is all about trust and decentralization which has been seen over the years; this trust and decentralization in question is what a good number of projects lacks.
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To the best of my knowledge so far, I think USDT is the best stablecoin to hold this is because of the number of people using it, its volume and maybe the reputation built over the years despite all the news or what was said about it. Also, let it be known to you that the main aim of USDT is to safeguard your funds from crypto volatility and nothing more, no matter how long you hold, it will never grow in price neither will it drop in value. Also, about going out of business, I think USDT has come too far to go out of business, however the crypto space itself is unpredictable and if you think you can't deal with holding for long then maybe Bitcoin should be the best.
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I think the reason this giveaway scam keeps getting bigger each day with scammers developing new methods is as a result of the greediness of most people. When one goes to twitter they are everywhere promising what they can't offer. Also, I think the best way to curb this, is for everyone who wishes to participate in any giveaway to make sure it's coming from the project itself through either visiting their telegram group or their correct Twitter page, anything short than this will most likely lead to scams. Lastly, watching out for those giveaways demanding something first, thats their way of scamming.
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I wouldn't choose any of them over the other or say I trust coinmarketcap more than coingecko and vice versa, because I believe both are doing the same thing, where we find one irregularities in coingecko platform we can find the correct one in another platform that is coinmarketcap; a good example is the case with P2PB2B. Also, where coinmarketcap requires due diligence is followed for most projects to get listed which might take time, coingecko makes it easy for upcoming projects to get the attention of most people. Thus my reason for sticking to both than trusting one over the other.
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I think asking about the right time to buy any coin depends on the person's believe and interest in that coin, that is, someone who want to buy and hold Bitcoin will hardly think of the right time because every time is or might be the right time, unless the person is just holding for very short time. Also, I think this mindset goes to BNB too; BNB is a very good coin which everyone knows so buying now or buying later might not really be a problem since it has proven to be different from other altcoins in terms of its team, growth and so on. Lastly, if you are just holding for a very short time then you can check and study the market for the perfect time to buy.
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There have been things said about this exchange, people have voiced their concerns and I don't think there is anyone who has gotten his funds or assets back from the exchange. The truth is, from the look of things, they might have exited scam because there is no other explanation for what they are doing especially when they know refusing investors their assets by blocking withdrawal will spell doom for them. Therefore at this juncture, it would be better to move on and forget them so that the hurt and pains will reduce gradually.
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I was using a free Mobile Wallet app, where i had send some new ERC20 TOKENS to the Ether Address in the wallet. Later i found it only support major TOKENS.
I can't able to send the tokens out, since i dont have access to PVT KEY.. Is there any Mobile APP that can support all types of ERC20 TOKENS..
-----please share. would be helpful for many new token holders, So to manage easily the tokens in APP.. --------
That's right without access to your private keys will only limit your powers or control over your wallet and this is found in most centralized wallets today. On the other hand, there are many wallets today which you can be used to store ERC 20 tokens there are also some which can be used to store various coins, this type of wallets are mostly called multi-currency wallets. Lastly, the wallets I can suggest for you to choose from are Enjin wallet, Trust wallet and Imtoken wallets.
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We all have a new hope for crypto this year and no one saw coronavirus outbreak coming, if this isn't contained anytime soon all dreams might be nothing but dreams this year, Coronavirus ain't helping at all
It hasn't helped at all as it has affected a whole lot of things most especially lives thus we can only be hoping businesses and companies gradually resumes as we keep waiting for a vaccine. Also it might sound weird but I think people are now gradually going back to their businesses and ways of life while killing that fear which was rampant in the past months but at it all still taking precautions the best way they can. In the aspect of the crypto space, the market has been favourable thus showing people are hardly remembering it again.
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