MURAT is a professional manager, but the projects he manages are bullshit. In 2020 I have not seen a project that has really succeeded from him, Leasehold is one of them and now the project is dead.
And also the Crypcore project, one of which is managed by Murat but until now there is still no clarity about the project mentioned, and the team will only continue to postpone their payment to hunters for Leasehold. As a bounty hunter be prepared for more disappointments because it will surely happens, many bounty projects will look promising but after the whole work is done the team might fail to pay rewards or the token price might go way down, it's part of the risks we have to take as bounty hunters
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There have been so many posts on the forum suggesting that it is the right time to fill your bag, I quite agree but then, you need to fill your bag with caution. There are so many projects that are dead already but pretending to be alive using the bear season as an excuse for now. The team behind most of them are just looking for a way to dump on you trying to make you understand that they are working round the clock to develop the project, a project they have all the time to develop in the past but could not, now they want to develop, hmmm, what a way to full the people.
The bull run will surely expose all of them, trust me, some of them are smart enough to understand this and that is why they are trying every means to fool making unrealistic promises in order to dump on you.
My candid advice, before you invest in a project ask yourself; 1. What are the benefits of this project to the world and the future? 2. In the next 2 to 3 years, will the working product still be relevant? 3. Who is the targetted audience? Do the targetted audience really need this innovation?
The target audience is always the public that's why means of payment utility will be the best use case in crypto space, followed by exchanges tokens, I will like to advice newbies to stay away from useless use cases that aren't needed on the blockchain
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Presently it's impossible because investors feels more safer using IEO, they know that to make profits from IEO crowdfunding they have to choose projects from top exchanges, gate, binance, huobi etc, in Security IEO wins over ICO, it's not gonna fade any time soon.
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It's easy for Newbies to fall for doubling scheme since they don't have a clue yet about scammers, not until they are scammed once then they will try to seek for answers, newbies are always in rush to make fast money, I guess that's why they push learn aside first.
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Maybe because Bitcoin is the first of it's kind that's why people trust Bitcoin more than any other coins even when many altcoins have better upgrades, things can change in near future for altcoins because lately it seems they are taking the lead without Bitcoin helping them out like the old times
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I don't mean the exchange, more so the polkadot parachain project. Unless these the exchange and the project are linked?
The return to investment is what attracted me to it initially, but I have been reading that the exchange is a scam. But, haven't heard about if the polkadot parachain project is legit
As it seems the exchange is korean but the polkadot parachain project is chinese
Thanks for your help
As for chainX the exchange have worse volume but that polkadot project is doing fine, maybe the team chooses chainX without knowing about their fake volume? That's unknown but presently polkadot is been listed on OKEX and GATE and that's a real game changer
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On coinmarketcap I can see only two gold backed tokens that looks legit, I think one is USD gold pegged token and other is PAX Gold, it's true that 99% of gold backed tokens are scam, no doubt about this but few still works
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the most stupid mistake of new projects is to choose such bad exchanges as you called. Maybe they choose these exchanges because the listing is very cheap and maybe because all these projects are just scam
It's not mistakes, many new devs know about p2pb2b and other bad exchanges but some don't have the cash for big exchanges and their project isn't big enough to pass binance exchange screening so they have no choice but to start from small exchanges
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The most ridiculous bounty Campaign presently with huge participants and a cruel bounty rule is injective protocol, the allocation is very limited and yet over 240 bounty participants joined the signature campaign, the higher the number of the people that join the better for the team, so cruel, limited participants is the best presently and I will oy follow bounty managers that implements such fairness
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Bounty Detective did a great job in their work, they did a great job of managing them and responded quickly to the bounty hunter. But I don't really like the projects they manage because it's listed on small and bullshit exchanges in this market.
The work they do is very good and it is something they must always serve at every bounty they manage, about the projects they manage because they are listed on a small and crap exchange, it's more the task of the team and the project developer, because of that is not their job as a manager. Not all projects from bounty detective are listed on shit exchanges, they managed HEX bounty Campaign this year and the reward was mind-blowing, even ordinary telegram participants makes up to 150$ per hunters, look at ARCS which is trading on kucoin presently at 0.30$ with good volume.
Yes, indeed not all projects managed by Bounty Detective are bad projects, some projects are actually very good for all participants to follow even though the allocation is not too large, but the price of the token is very good. True, bounty detective still have some adjustments to do about few projects they introduced, kingcasino managed to sneaked pass them without detecting any flaws, simple flaws that are detectable by few members on this forum, no one is perfect but they aren't been careful
Don't just judge them on one project, but look at the average of the projects they manage, so that it will be a fair assessment for the Detective Bounty. I don't see any real reason to push the blame on bounty managers, if all they have presently are bounties that are listed on small exchanges like Probit it's always left for bounty hunters to make their choices, some will promote and some won't
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Certainly everyone in this market is for profit. I am the same, coming to this market for profit but since I entered the market I have lost more. But continue to invest and believe in it
I used to believe that this market would grow in the future, but in the past 2 years it has made me very disappointed and lost a lot with it. Now I invest only for profit, and I would be willing to sell everything when it is profitable without paying too much attention to its future. I can understand how you feeling presently, I know you've lost some money but still I will advice you to be prepared for the future, you expect things to remain the same in crypto space? No way, change will come, remember that no one saw 2017 coming, some have been waiting for a big change since 2013 before the arrival of altcoin season, do research and keep very good altcoins, good luck
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Good choice OP, the coins on your post are good enough for both long and short term hold, I will like to share 6 top coins on my own portfolio as well
1. Sero Project 2. Chainlink 3. Tezos 4. Seele 5. Neo 6. Cartesi
You won't have problem if you are very good at picking the gems out of a big pool of useless projects, goodluck 👍
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People are making Airdrops look like a complete scam buy it's a lie, not all Airdrops are scam, some legit projects still use Airdrops to send out news about their Projects and make people test them out, Airdrops still works but stay away from KYC Airdrops
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There are many things I don't care about anymore in crypto projects
1. Algorithm 2. Max supply 3. Advisors 4. Analysts 5. Unknown or not popular partnerships
All these are just simply Hype creating shits, any projects that will attract me nowadays will do more than just these and again newbies should look into Utilities,big Partnerships and Top exchanges only, this is 2020 and lots of things have changed.
This is my eye opening advice since 2016
Good points, newbies need to focus more on real utility and better exchange listings, we are in IEO era and for an IEO project to be successful top exchange is a must, for projects who are fine with softcap targets can use few good small exchanges like Probit or bithumb
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HEX seem ok but looks more like Ponzi to me, what annoyed me about this project is the team or CEO who said this project will bring huge profits for investors, I don't like project that promises huge profits to investors, they make it look more like a pyramid scheme project
You shouldn't judge a project because the CEO promised huge return, with the use case that some crypto projects posses they will surely become profitable in time, HEX is not easy to understand but I still have a good feeling about the project
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I've noticed an increase of stablecoins on the market over the past few years. There are now many different types of stablecoins for USD, EUR, and other top Fiat currencies in the mainstream world. Some of them are legit, while others are just pure hype (scam). To my surprise, Tether (USDT) is the top stablecoin in market cap. For a company which often lacks transparency of its USD holdings, I think that Tether is just an over-hyped coin that will see its bubble burst real soon. As far as other stablecoins go, I believe that people will only choose those that are on the top ranks in market cap. I wonder if so many stablecoins are actually needed or necessary for the blockchain industry to thrive? Do you think that the market is really saturated with too many stablecoins? Or is it still fine? What are your thoughts? I don't see any danger having too many stablecoins in crypto space, some will be good and some will be bad and I'm pretty sure that people like going for the best stablecoin in terms of marketcap which is why USDT still have upper hand till date, you just have to choose, you don't care about centralized then USDT is the best, if you want something more secured? Then find decentralized stable coins
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Altcoins are unreliable and most times they aren't safe, you have to know how to manage risks very well before choosing altcoins but top altcoins are just safer than others, if you are newbie to crypto its better to follow OPs advice
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If the long term bounty is from a well known bounty manager with good reputation it's worth joining because there is high chance that you will get paid, it all depends, choose wisely and you will be less disappointed
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It depends, sometimes you will just be lucky to spot very very good altcoins that are still undervalued, if you find enough good reasons to hold do not hesitate, we have too many crap altcoins so be careful also it's good to buy top altcoins when they are dumping in value, they are top altcoins for a reason not other than been good, buy and hold because it's certain they will recover
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