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4781  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Extremely low bounty rewards on: May 20, 2020, 06:01:48 AM
There is a lot of good bounty's rewards here.
No, get that mentality out of your head that bounties are worth doing. It is the smell of the free money that has made supporter of projects become bounty hunters and that is where the problem started. Bounties are supposed to be simply a reward for promoting a new project and was never meant to be a mode of earning money.

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We'll check the accurate bounty that allocates the right coins.
Its like searching for a pin in a haystack. You need to learn more about how this forum was several years back and how it changed.

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Many new platforms offer low coins allocation. That is really unethical.
This has nothing to do with "ethics" I suggest people to stay away from bounties anyway because the projects are going to fail anyway but nothing unethical is giving a small bounty pool or starting any bounty at all.
4782  Economy / Gambling discussion / Re: Some casino gambling tips. on: May 19, 2020, 05:23:44 AM
Ambience wont matter when you are going for a -50% of your original bankroll and you are hitting a big multiplier slowly closing the gap from breaking even. Its all panic at that time and the panic makes sense too. Although you will never really be able to bridge that gap you will lose a lot trying to make it back. So there goes your "limit bankroll" tip, it will not work there since you are in a rush to make the money back.

Eventually these points all fail because at that time the only thing in mind is making the money back which you just lost. The fear that you have wasted some money and your family members will be angry at you is what makes the person play more and just come clean.

But we all know that never happens. Wink
4783  Economy / Trading Discussion / Re: Why risk management is so important ? on: May 19, 2020, 05:19:37 AM
Risk management is the backbone of every successful trading plan.
Most retail investors dont do it though. Then when the market goes bearish then start to panic unless they are already have been through bearish terms previously.

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I have never see any trader that treats trading as gambling that succeed. Risk management allow you to treat trading as business.
To some extent trading needs speculation. The options and futures markets are more or less a gamble even if you are doing Technical analysis every day and night. Spot trading is not gambling though.

Risk management depends upon how you diversify the assets being put into a portfolio into different risk classes. A high risk portfolio has the chance of making a higher return. So it dynamic thing to keep weighing out assets based on cost benefit ratios thus not everyone's cup of tea, better done by fund managers.
4784  Alternate cryptocurrencies / Altcoin Discussion / Re: Is IEO not becoming to be worst than ICO, any future for bounty hunters? on: May 19, 2020, 05:12:36 AM
We can't blame IEO fundraising for everything that's happening around bounty hunters maltreatment, in fact it has nothing to do with IEOs, IEO is nothing but a project marketing strategy, scammers are to be blame for everything, they create fake projects and use bounty hunters to promote their fake projects
These methods of fundraising are not legal securities and so even if they are scam there is no authority to punish them. People who never realized this have been fooled into buying them and so did the bounty hunters.

The idea of "maltreatment" comes from contempt of the hunters and is a wrong term. It is wrong because the hunter were never actually promised anything. It is a fundraising that too in a fake manner, do you expect to get paid if they fail? If you think yes, then you are also being fooled.

In other words, the days of bounty hunting is long gone. If you want to invest money, buy bitcoin and also invest in sectors other than cryptocurrency because the markets are bearish now. But of course if you have money at hand enough to spend and invest during the crisis.
4785  Economy / Exchanges / Re: CMC updates exchange metrics, Binance now ranks first on: May 19, 2020, 05:02:58 AM
Don't use those rankings for any investment decisions regardless of which site you find them on.
One can find a similarity with the paid rankings that S&P or Moody's gives to bonds and that was shown in the famous movie "The Big Short". In other words, a ranking agency like them cannot be trusted then who are we to judge the rankings given by self-proclaimed ICO analysts like many others out there, I wont take names. They just give out ranking as they wish and even take a premium to give high rankings, its a nice paid market and thus a scam that people cannot take legal action against.

There are other sites than Coingecko too, like LiveCoinWatch. I have used it along with CoinGecko, but I keep CMC to take a look at dead beaten shitcoins which are -300% anyway. Cheesy
4786  Economy / Gambling discussion / Re: Does good side of gambling overcomes its negative side? on: May 18, 2020, 06:18:31 AM
The points posted by the OP are an exaggeration of what any risk vs reward scheme that people have taken part in since time immemorial. We have seen gamblers go bust due to their greed and people making money off the street. Which one do you think is the actualy truth? The first one. Otherwise the casinos would never exist.

Remember that the prize of a big win is often used as a marketing gimmick for casinos. You will definitely not see a gambling site advertising how much losses their player incurred. That does not mean that they are doing something wrong, no.

A gambler must understand that gambling is a mode of entertainment and a mode of spending money and not a mode of income.

Moreover gambling on games like dice and slots does not help in developing analytical skills, rather more of brain degeneration due to the continuous mental trauma of losing money. Analytical skills are obtained prior to gambling in sports and doing the other way round is a sure shot loss.
4787  Economy / Trading Discussion / Re: Trading vs. Investing. on: May 18, 2020, 06:11:15 AM
Of course I like day trading because it makes it easy for me to make a profit but it quickly makes me lose money if the market starts to have a big collapse.
Day trading does not always mean buying high selling low. One needs to observe indicators for doing it properly, even then 50% of the time you might see a loss. One way to deal with market collapse is to short sell - sell at the market and buy back at lower price. Essentially you sold at a higher point than what you bought at. Try it out using dummy trading capital and see how it works.

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I have stayed in this market for a long time but only made a small profit and I am really disappointed about what is happening.
You might be making mistakes in choosing which coin to buy or not checking your entry and exit point. Dont see the market drop in price to be a bad thing. Rather it is an opportunity to make money if you know when you can buy at low. But dont put too much money in altcoins, focus more on bitcoin.
4788  Economy / Exchanges / Re: CMC updates exchange metrics, Binance now ranks first on: May 18, 2020, 06:04:38 AM
This should come as a late reminder to every crypto user that any one aggregator website cannot be completely trusted with their metrics. All this while when it was only rumors that CMC was faking metrics and now you have the Binance acquisition and more fiasco with their metrics.

Point is that CMC was being run by paying some money like server costs, development costs, someone needed to cover all that and with Google shutting down crypto niche Ads, they had to have some sort of method to fund themselves. So Binance owners saw this a good opportunity and thus we stand here today. I am sure you all can find other "similar" acquisitions in the past in other spheres of life.

Time to remove CMC from bookmarks and use other less known sites for getting market data.
4789  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Bounty- Waste of resources? on: May 18, 2020, 05:59:55 AM
These days, most of the projects don't get successful fund raising campaign.
IPOs get funded anyway. ICOs are not like any equity share. So fundraising can happen just for the sake of being a scam that is not a regulated security. You have to be careful where you invest in. That "successful" is a vague term here because back when Ethereum was first launched ICOs became its use case.

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I have no data about bounty though, but it seems almost all the bounties are just waste of resources.
If you dont have the date, you should not make blind accusations based on assumptions.

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Social media bounty brings no benefit to the project in my opinion, while signature campaign do a little. What do you think?
Wrong. It is the opposite, take a look into the discussion of this thread -Signature campaigns and some discussion about seo

You can get an insight into thow signature campaigns have shaped the marketing of many crypto-based businesses mainly the gambling sector and mixer sector. One can provide a service and market it in this manner because a lot of crypto users are using this forum.

On the other hand, bounty is a good way to promote your ICO ("scam") and allow more fools to invest in to so the team owner ("scammer") get paid more. Wink
4790  Economy / Gambling discussion / Re: What is the safest crypto online games to start if you are a Newbie? on: May 17, 2020, 06:12:17 AM
If you noticed then this topic is about the most safest game for beginners. How can a dice be a safe game? This is a simple game and it is very addictive. In it, you can make a huge number of bets in a short period of time = long distance = inevitable loss. I think this game is one of the most dangerous for beginners.
You misread, what I meant was dice is an easy game to play. Sports betting is a difficult game for beginner to play.

Profitable or ease of playing are different terms. Dice is easier to play than sports betting and Sports betting is more profitable than dice for those who are willing to give time to do analysis on teams players, past games and so on.

That is why gamblers who are looking for the rush go with something that is easy to do and quick results are obtained, which is dice. Those who are comfortable with sports will wait to do their analysis and continue doing it for placing their bet which will take time.
4791  Bitcoin / Bitcoin Discussion / Re: Crowdfunding with Bitcoin or other cryptocurrency on: May 17, 2020, 06:08:29 AM
Recently, I have been looking for a crowdfunding platform that allows backers to pay in Bitcoin, Ethereum or any other cryptocurrency. To be more specific, reward-based crowdfunding platforms are what I am interested in (i.e. Kickstarter, Indiegogo alike).
They are mostly fiat based. I havent heard of any bitcoin based crowdfunding yet other than ICO/IEO and so on.

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There are many sites and options how to offer equity or run an ICO, but basic Google search returns unsatisfying results.
Buying tokens from an ICO is not the same as buying equity shares from a company off the stock market. Please be careful of what you are trying to invest in. ICOs are not legalized securities and you will be losing money in case the project owners decide to abandon the coin. Many ICOs have failed to deliver because of going bankrupt in the bear market.

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What are, in your opinion, titans and leaders in this industry with crypto payments?
You mean service providers who allow payments for merchants to accept them from bitcoin users? Bitpay is one of them and a popular one.
4792  Alternate cryptocurrencies / Altcoin Discussion / Re: New coins are 👎👎👎 on: May 17, 2020, 05:59:55 AM
Personally I don't think its a bad idea to enact new projects with new coins/tokens, provided they are not scam and aim to be useful in a real life sector.
I like your optimism. But know this, that you cannot determine which coin is going to be a real life thing or not a scam in future. It is next to impossible for seasoned traders and investors to determine which stock is going bust after a year because it is completely unpredictable and crypto is even more smoke and mirrors.

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It's of no use creating so many new coins when most have similar use cases, most will not even actualize their aim.
That is exactly the point. We already have mainstream companies doing most of the stuff and a shady "securities" running ICO will never be able to compete with multi-national companies. So dont trust any of the coin offerings.

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Every crypto enthusiasts knows Bitcoin remains the pace setter, hence should occupy a reasonable portion of one's portfolio, but it doesn't mean there should be no room for new innovations.
Of course there is always room for innovation. But that means generating an independent market where the coin can be used and the inherent supply-demand ratio, which has always lacked in any of the coin offerings.

In reality if these projects had something so innovative, they would go for the stock market funding and not a shady thing like an ICO.
4793  Economy / Trading Discussion / Re: One of the Best Weapons in Trading on: May 17, 2020, 05:55:18 AM
Trading is a completely different job which the traders need to analyze the market situation, technical analysis and fundamental analysis are always needed in trading.
It is a risk vs reward system of money making. Will not call it a job unless someone is doing it for earning their daily bread, or they are paid to trade on behalf of someone like a financial advisor/investment bankers.

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Without these skills, it is impossible to survive in the crypto market.
Its not just crypto market, without skills you wont survive in any sort of job. If you are learning something new, unless you have a passion for it and are able to develop the skills, it will be job that you will hate. Now trading is a bit different here because there is a risk involved and in a job the risk is lesser.

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Yes, some traders will always gambler with their money in order to make huge profits.
There is a difference between betting on prices and buying/selling assets. The second one is spot trading and that is less likely to be a gamble if you do your research first. The futures and options market are more of a gamble, though analysis helps.
4794  Economy / Trading Discussion / Re: Let's some talk about protfolio management! on: May 17, 2020, 05:48:57 AM
You may not try to look at stocks right now coz it is down, we don't know until when.
You can take a break from putting money into anything at this point too. Wink

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Best if you have some strong altcoins though like LTC, XRP and ETH. ZRX have shown an act recently so maybe we should all look into it.
Nope, because investing in altcoins does not have similar returns as per investing the same in bitcoin. I stand with this ideology because altcoins have always "followed" when bitcoin has shown rise without having any organic growth of its own.

Take LTC for example. Have you see any growth in it coming from real development in their mode of transaction, scaling or merchant acceptance? The last pump I saw leaving out the Q4 2017 pump was the point when LTC halving happened.

Take ETH, which was created to be something new with its dApps. Although its founder seems to be optimistic about DeFi, there has not been any development on ETH at all in the last 2years that is groundbreaking or even worth discussing.

Dont even talk about XRP, hate to say this but ripple is a centralized coin and this goes against the basic principles of cryptocurrency. There are people who are controlling it and if you are fine with that then its ok.

Try putting in money into altcoins at this time and same amount in bitcoin, considering you actually sell at the pump only then you will get some profits off the books but good luck doing so.
4795  Economy / Gambling discussion / Re: Do you keep a spreadsheet for you wins and losses for tax purposes? on: May 16, 2020, 05:47:06 AM
I haven't think of doing it since today. Well, even knowing that I might have a problem with documenting on banks the details if ever that I have a huge winning, it won't change the fact that the bank will probably freeze my money even if I have documents stating of where I got the money because when it comes to gambling, banks in our country will surely give you trouble.
Banks need customers you know. If you think the banks dont know what you are doing with the money then you are mistake, they already know, but then you still fall into any trouble. The reason is that banks know that gamblers are also good customers for them. They will need loans from time to time. Deposit some big wins if they are wise enough and so on.

Hence lending organizations keep close contact with gamblers as you can understand one needs the other to survive. Tax purposed may be a different issue here since that is pertaining to the government and its link with users money. If bitcoin becomes illegal then you are at risk of using it, though most countries are not doing any such thing yet.
4796  Bitcoin / Bitcoin Discussion / Re: Beware of fraud crypto analysts! on: May 16, 2020, 05:40:48 AM
It’s better not to trust anyone at all, especially when it comes to your money. The best option is if you try to figure it out on your own, so that later, if anything, you do not blame yourself for having entrusted your money to some person whose advice left you in the red.
Actually you cannot blame any analyst, some people even think of suing them but again it is not possible because they have a disclaimer that it is not financial advice.

So why do they provide any such info at all? Because it is all guesswork and some bits of oddly done TA at best just to make the fools think that it is something worth reading every evening and provide some traffic to that news site.

Yes correct, never believe in news that can be highly profitable for you on twitter or any social network.  because if it's true news, they will hide it and act in silence.  As for invitations to invest 50% or 80% in a month, it is a fraud message.  Be careful, in this market there are many scammers.
Social media is the worst place to get trading advice or investment advice. Being the breeding ground of conspiracy theories and shills reddit is the no-go place for any crypto user and twitter is spammers paradise.
4797  Economy / Trading Discussion / Re: Let's some talk about protfolio management! on: May 16, 2020, 05:37:30 AM
First thing first, the spelling Portfolio and not "protfolio". Not sorry for being a grammar nazi Wink

Second considering cryptocurrencies to be one sector as per popular demand and not what I prefer, this approach can be used for managing different coins. However my experience has shown me that investing in altcoins is a waste of time and money, however big or small it might be. Thus if you want crypto in your portfolio, keep a 100% Bitcoin, the long term value is way better than any altcoin.

Next to manage the portfolio add in more sectors different from crypto, like stocks, commodities, bonds, metals. Do not try to put in more money into altcoins, but into sectors that have been known since centuries to give returns. Although some people may disagree, risk management is better done in this manner.
4798  Alternate cryptocurrencies / Altcoin Discussion / Re: Do not follow every market wave on: May 16, 2020, 05:31:24 AM
"Every" market wave does not need to be followed. That would be overdoing it. But I cant speak for the day traders though. They have bots developed just to hook on to every new bull wave and ride to before selling, all done by the bots. It is not profitable everytime but the total losses weigh smaller than the total wins.

If some trader feels that trading is taking out too much money and time from their lives then they should stop trading. Eventually they will come to understand the reason why it was so. Most of the time I have seen people cry is because they jumped on the market when it was the incorrect time. This happens when you dont do your chart analysis first and are in a hurry to invest.
4799  Economy / Gambling discussion / Re: What has been your longest streak of dice losses using martingale ..? on: May 15, 2020, 06:07:06 AM
Essentially the answer to your OP question is infinite. You can get as many reds/greens as the universe can give on any betting streak regardless of whether it is martingale or not. This is called luck and you cannot use martingale to evade your bad luck. If there was such a method then casinos would have gone bankrupt a long time ago. A real martingale assumes that the bankroll is infinite and that the maximum bet outcome is infinite too, which is false in real life gambling and so it will fail at one point, which site is the game on, is irrelevant.

In my case, in 2018 I loss 32 times one after another using the dice system on freebitco.in.
  You should consider yourself lucky that it did not go beyond that.
4800  Economy / Trading Discussion / Re: trade & investment is getting harder and harder. on: May 15, 2020, 05:54:19 AM
what I am experiencing right now is that it is difficult for me to obtain profits from investments and trade that I do,
I cannot say for you but depending on whatever price you have acquired the assets, if you sell them at higher price you make profit. It is as simple as that. Now if you are holding them at lower prices than what you bought you will have to wait for a longer period, keep patience till your find a price higher than buying price or just equal to buying price.

Now to prevent such things in future you should observe charts before buying for the right point of entry and buy at that, have an exit strategy price as well.

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& is there someone here who has more effective ways for me to be able to improve my trade and investment so that I can get a profit of course, not vice versa I get is continuous loss.
I dont believe that. That someone might be trying to lure your into something shady and scam you. If they talk about margin trading make sure you learn about it first before you jump in and sign up on their referral link. Remember that people are good at making money from affiliates because they know whom to target, dont give away free money to them.
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