I don't currently hold any altcoins. I moved it all to USDT and waited for another better opportunity to continue re-investing in this market. And if you haven't sold altcoins since the market collapsed, it's better to keep holding them, if you sell them, you'll lose out in this market.
Great move, I don't any valuable alts holding other than those shits coins I got in the past from airdrop and bounties which did not appear in any exchanges. Holding ALTS for now is the best option espcecially we can't really predict the flow of the market as it is constantly changing. Switching it to stablecoins other option as you have not to worry about any losses that much then you switch back to your prefer coins when the market is going stable. |
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At this moment in time things have turned worst and we are seeing red bloody market and we see it till mid or even late of the year because of certain decease that struck the whole world affecting most of business sectors and went crashing down. Just like you said it already happened before and was ablevto come back strong we surely get the to that kind of situations once eveyrthings is cleared.
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Scammer Developers don't care either as they have same goal with those exchanes and that is to scam investors. How many times that those Exchanges have been accused of scams most especially P2PB2B and Latoken but still there are plenty of start up projects conducting their IEO there. If Devs really want their project to be successful they must at least list or conduct their IEO in a reputable exchange if they can not afford big fees then once they get the project successful start expanding their trading options in some of the top class exchanges in the market.
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everything related to market demand and supply will surely fluctuate, so be smart in making decisions to get a lot of profit, don't just be influenced by FOMO or incitement of people
Only idiots will be influenced by demagoguery or FOMO from others, because intelligent people will certainly use analysis or research first in person, then make a decision. For me i think ill informed people will always be a victim. In a minute, ipx token ot tachyon did very well even after Bounty hunters were paid. It was a swift profit to ve honest. But today, ipx is down to 0.06$, a good entry point. Several times to pick profit showed up, already There will be more entries for profit. Dont miss out Cryptocurrency is volatile and we cannot take it away or do anything about that even those coins that have been in the market for a long time and making a huge developments like bitcoin,eth, xrp,trx having their bad market for like a week or take up even a month, how much more those projects that are starting to build up their resume, they still have long way to go ang prove their worth and once they establish themselves to be one of the coins worth investment for them, they would reap what they have sowed, huge profit coming in and it is up form them to maintain the progress of the project. |
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I don't agree. As long as exchange users benefit from tokens, it will not be worthless and will attract other exchanges users to it for more profits. As a BNB holder, you directly benefit from the profits binance makes. Because profits from the exchange are used to burn coins, this creates a basic supply/demand incentive.
If there were only 100 BNB tokens left, and binance made $10 million dollars for the quarter, they would spend $100,000 to buy back and burn each coin. Obviously a lot of people will hold, so the value will keep increasing and attracts more investors. I am a BNB maximalist, and i regret selling my $10,000 BNB into shitcoins and now building back my pile. But sadly shitcoins all fell on average over 90% while BNB is about to hit new highs soon.
OP is talking about what if that exchage completely shuts down or lose their reputation after years? If that means those exchange's tokens might not have any value right. I think so too, cause those native exchange tokens are mainly for trading fees purposes only inside its designed exchange platform. And since they don't support or any product they the be used to their value might end up zero once the exchange that supports that native token shuts down. |
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IEO was only acting well at its beginning time. Recently many IEOs even can't sell some tiny tokens, because exchanges do not pump IEO token after listing. I'm waiting for a new nuclear type of initial offering like IEO last year, it'll be a market pumper. I guess Binance exchange will start that new exciting method this year, as it was the pioneer of IEO trend last year.
I agree, and I think the reason why the some project's not making any sales is the the team chose a less known or even have a allegations of scams that is why investors are discourage to make any investments in such project listed in shit and ireputable exchanges. The idea is already there, get listed and sell your token but in wrong executions. Hopefully there'll be another way to make investors trust the tokens sales and with the popular exchangers or team developers they can come up with something to revive the trust in any form of token sales without scamming investors. |
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Those are some good ways to earn money but I guess It won't give you money as fast as what you want, I mean Bounty hunting could take a little while or even airdrop tokens to get listed in any crypto exchanges, or sometimes projects never get listed at all you leave empty handed. Trade is a better options if you know atleast the basics and have any valuable coins in hand. Are there still a lot of ways to earn even not in crypto if you think you are have some skills in photo,video editing you could apply in any freelancing sites where you could actually make money in an instant if you get a costumers
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There are plenty of projects that came out since 2017 till now, I honestly don't know which one are from that specific year but if you look at those projects that making a lot of improvements and developments and of course have not consistently making it to the top chart then you have to put your money in those specially now that the market are still recovering from huge market slumped due to corona outbreak which affected not only cryptocurrency market but other different business sectors as well. You could them at the top of the in lists in majors exchanges.
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These criminals are wise now, this woman was caught simply because she is living in same country, if she manages to leave India for another foreign country she will never be caught, it's same story for ICO scammers too
I agree with you scammers doing scams when they are aways from the the country they are tying to scam and by the fact that scammers are from nowhere do you think that the authorities are able to apprehend them easily. I think even before they do that, criminals have already escaped in different countries especially where crypto is not legal. |
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If you say old coins, I have plenty of them getting rotten in wallet wallet all together. 😂😂 Most of them usually from airdrop and bounty projects that had gone with the wind without even starting or running their projects for at least a year. Hopefully there are some entity or group that would filters incoming projects in order to avoid these kinds of waste projects in the future.
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Adsists media just handled a very good project which is tokoin and some others projects with potentials. I don't know what happened with them , they just vanished abruptly. It is sad to see bounty is now slowly dying and those reputable bounty group have shut downed, this only means that ICO,STO, any form of project advertisement are no longer that popular for investors as they are afraid to get scammed.
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I wish there is something entirely new in crypto space that can hold developers responsible for their misleads, honestly we have way too many coins in crypto space that needs to be erased of, they have no good use cases and many others that have good use cases ends up scamming investors
I agree there are too many coins that have no values and they are still being listed and many exchanges eventhough developers did not push though the developments their projects. On the other exchanges must filter every single coins want to be exchanges if they are capable to sustain their developments in the long run. |
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There are similar projects that use the same scheme, they would run an IEO to a less standard IEO and would say that it would be lusted there even thought they dont have the intention to, and sometimes they manipulate the market volume in order to attract investors. Those types of schemes has recenty been all over the place of upcoming projects. Only trust those projects that run IEO in trusted exchange.
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The market is now in green condition and if you want to fill the bag, preferably yesterday when the market conditions are red. If you are trading Crypto assets, of course, you should be prepared with the conditions that occur. The crypto market nowadays is very easy to change the Megalami up and down as much negative news spread. My advice if you will trade better when the price has climbed directly sells the coins you buy. It is better to get a little more than a long hold but has a loss.
The market value has been constantly changing so you can't really say when to buy, Yesterday wad red, and today climbed a little bit but still it goes a quickly as well. It depends on your perceptions if you think this is best time then ahead and if you think that it will go much deeper then wait a little more. Market would depends on the pandemic corona virus and it has a huge impact, so it take a little longer for the price to spike up. |
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This has happened many times and even worst than in this scenario was able to to get back and keep the crypto market alive until now. There is a corona outbreak that causes everything to fall apart not only in crypto, forex and other sectors of business firms. Once everything is ok and the world si corona virus free the market will spike up quickly and even surpass what has been projected the market would be in 2020.
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Cryptocurrency has gone a long way and I think it will only get better as time goes by. Many good projects will come and contribute, while those projects that already made their will continue to progress. It will take time and time can only tell when cryptocurreny will collapse, and by that time I think that there are already other alternative source of income/investments through the evolutions of technology.
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#PROOF OF REGISTRATION
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They are good projects with strong back ups from different establish platforms and Team Members and those I things I guess will have an integral part of making a project successful, while some other projects don't really have something or someone they can rely on right from the very start of their ICO or Campaign even those projects that have great vision and ideas they even fail without strong supporting casts.
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If you have some money to invest in you see that price is dumping then it is the right time to put your money in or maybe try to analyze the movement of market before making any decisions cause you'll never know if it still going to go down or will go up. Making wise decision is the best option in this kind of scenario cause you'll be one to decide whether you invest or not to.
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