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Maybe the best idea here is to create a new topic for each of this projects, named "*Project Name* - is a scam! *some proofs presented...*". If this topic is active enough, project's team will have to do something.
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I don't understand margin trading at all, that's just an easy way to lose your money if you look two steps forward. It's like playing in casinos - some people claim they are winning, yeah  |
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Creating more and more new stable coins. Don't know why this happens now and nobody tried this before, but the idea looks quite obvious I think I wonder how many stable coins will be presented in 2020 |
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Can't still understand why people are so excited about Libra coin... That's really funny in fact I would rather consider investing in Facebook shares if you really think Libra will succeed |
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I have seen many exchanges have launched their own token like Binance with BNB, Idex with IDEX, Hotbit with HTB, Yobit with YO etc. where exchanges use their own tokens as another way to pay fees to support token. In addition to it, different strategies are used to create a hype like decrease in supply etc.
But if an exchange goes through a hard period of time and shuts downs then ultimately that token will come to its end because there is no community other than that exchange supporting the token simply because it has no usage outside the exchange.
According to me exchanges should promote the usage of their coins/tokens outside the exchange to build a community in support of it. If your community consists of huge individual entities who believe you then a great community can be formed. Otherwise lack of applications would lead these things to disaster.
All this words you are saying are quite fair not only when talking about exchanges. Every utility token has such a problem. And not only utility by the way. In fact - most of the tokens have it. |
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Don't really trust exchanges to hold my tokens there constantly, prefer other ways, which I can control. THe risks are too high, witnessed some sad cases during my crypto life |
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My rules when dealing with whole this internet-money-making sphere:
1) Don't follow suspicious links. At least not from your main computer.
2) Don't use similar or easy passwords.
3) Don't keep your private keys, seeds or passwords somewhere on your desktop or any place like that, where they are too easy to be found.
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ERC20 and ethereum blockchain are still strong because of the inertia obviously. This large ecosystem can't just vanish in one moment, it's slowly melting on this hard red sun |
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Yeah, yeah, bet I've heard something like this already... In the late 2018 maybe? The only thing makes me positive when talking about close future is that this bear market can't last too long. Everything has its time limits... |
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I always wondered why all the DEXs we see are so inconvenient and not user-friendly at all... Is this task is too difficult for devs? To create a good DEX with nice interface? Paradox |
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Both investors and developers are people, who do their own research and can't know everything about the situation with each exchange. Sometimes some prople are writing about their negative experience but their stories often look strange and subjective.
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Yeah, unfortunately bounty hunters usually are being treated like free slaves, that will do anything just to get some "free" tokens. Their job are not treated like job, it's like a game where project team can change the rules and do whatever they want with this naughty little kids - bounty hunters |
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We are close to BTC rally I think. Then there will be some kind of altcoin season, after bitcoin growth slows down. This season definitely won't come until BTC volatility is high.
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Sometimes it's quite hard to define where the lowest price level is - even impossible I would say. Some altcoins are dumped to hell and then repeat this twice The worst case is final delisting from the last exchange |
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Buying mining rigs was the worst my decision in the mid of 2017, heh Decided to sell them a couple of months ago - I think I did this right. At least I can invest this money in BTC now and will earn something instead of holding useless hardware in my garage... |
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Its impossible to have one or two coins in crypto space because one or two coins can't solve all the problems we have in this world in every aspect of technology or others, if you want to keep a coin for a long time make sure the coin or token solves one or two problems in crypto space or the world, this type of coins don't die easily because they have real use cases, its simple as that
Don't really think this condition is enough here. Things are changing very fast in the modern world, especially when we are talking about IT technologies and crypto market. |
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Note: This is not about how to identify good coins to HODL
This is about how you can be a good long term holder
1. You must have another source of income
Either in crypto space or outside crypto space you must have other source of income,there was a time when i used to rely on coins i hold for monthly income but most time they failed me because some altcoins takes more than a month to add value. You can learn trading or find a better job to get constant income for your daily needs.
2. Not all altcoins are good for long term holding
Some altcoins are too weak to have better value overtime,these coins only add value to price once in a blue moon,WHY?because the power of demand is too low and they have no working product,i belief that working product is what makes a coin have many more investors
3.HODL Only Altcoins With Real Use Case
There are different categories of coins with use cases,many use case are weak use case,for example using fashion designer to back a token is a weak use case to me because it means you can only use the token to buy the designer wears and many will call this a real use case? no it wont do very well.
Make sure that the real use case of every altcoins you hold will be very reasonable,the products backing them up must be something that is different and will catch the eye of investors,the usefulness must be outstanding .
4. Stay Updated Always
Opportunity comes but once as many know it,so always stay updated about crypto,read crypto news online and keep tracks on your altcoins so that you wont miss future updated or even token swaps,some altcoins i hold have already switched to MainNet and im glad i dont missed the opportunity,you can use blockfolio app to track your altcoins.
Altcoin season is what many are waiting for,even new projects are waiting for altcoin season to return before they get listed on exchanges,im sure of one thing and that is good things dont come easily,today is bitcoin turn to reign and one day altcoins will have its day as well.
Well, I would argue with this: 3.HODL Only Altcoins With Real Use Case This is not always necessary in my opinion. But it depends on how you define this use case of course. Some big guys use DOGE for playing with hamsters. Is this a good use case? |
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Hi guys We would like to ask your help by filling out this brief questionnaire regarding your priorities when investing in Crypto. In the end we would like to use this information to help us shape an Alt coin offering. You can fill it out anonymously or leave your email if you would like more information once the project comes closer to fruition. https://docs.google.com/forms/d/e/1FAIpQLSdsCBWFgWOsCyW5EM6ZUz-ERrnC_Z0GqrTe2zzjJp_iEdfngQ/viewformThanks in advance and feel free to leave any comments or questions in thread Will you guys share the results with us? I wonder what they are, but of course you should involve enough people here first. I think 500-1000 will be ok for such a staticstics. |
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Stable coins are good for Crypto/USD trading, but I would be very careful when considering them as an instrument for holding your fiat money in longterm... Don't really trust these projects.
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Binary trading platforms are scam, it's like playing in a casino roulette. Don't waste your time and money, trade on Binance or some other famous crypto exchange. Crypto itself is risky enough |
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