I am with OP points but bounty projects that are already trading comes out once in awhile, i don't want to wait around for months without taking the risks, some new projects still become successful so why not give a try? and if i come across any bounty thats already listed and trading i will gladly join
If there's any chance to get into project who already exists and provide good shares of bounty rewards is really acceptable, but also new project that have a good use along the way will also give good opportunities for the hunters who didn't failed to do their homework. Take your chance with participating with new project who provide realistic figures of rewards to shares. |
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The price rises are welcome, but I don't think it's because of any particular news. Support levels have been tested for a while now, and we finally bounced back up. It's not really a price rise as such, it's more of a return to a previously held level. We will see if the rise can be maintained, and if it can lead to BTC over $10k and ETH over $200... that would certainly be encouraging.
Some hypes might triggered the bounce back and it's good to see that once more bitcoin proves that it really can rise back even there's a downfalls that happened previously. it's agreeable that more will be encourage when more rise to happen. Solid alts like ETH,LTC and XRP from the fiat value will grow hopefully it will continue to proceed. |
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Stable coins? Is there really a stable coins other than Bitcoin? Bitcoin is not a commodity in which we need it for our daily use but we need Bitcoin for investment to earn more fiat for our daily living but if you think you will just rely this on your stable coins then you really don't need Bitcoin.
More on it's investment side and there's no clear side in regards to daily usage, people around this market do still have the mindsets that this investment currency will be a good token for store assets value, there's no specific that it will be for transacting even the real intentions of bitcoin is to help providing much quicker transaction process. Though there's also good insight that blockchain system will be adopt by bigger countries, the use of crypto can be develop much further,. |
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XRP can move to the right track if they progress well on their platform. Ive been watching the chart for xrp and clearly it will surpass eth sooner if eth doesn't improve well. So I guess youre budget for investment is well suited for XRP considering its price is still low.
Ive bagged some xrp already. If bull run arrive only these three coins will progress, btc, eth and xrp.
Bitcoin is moving now and with that those solid projects in terms of fiat are also gaining goo value, it's not that hard to entrust your fiat investment with crypto coins that have good support from communities, being the 3rd crytpo from CMC makes this project got a good chance to bring huge value in terms of fiat conversions. Trying to sort and invest at the bottom it will bring decent benefits once the market start bounce as whole. |
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Is the world out of ideas or solutions?
ideas and solutions are always new, and always come up with new innovations in new projects. but the problem is that investors have lost confidence in new projects, so it's only natural that projects fail due to lack of funds. the best solution in my opinion is to restore investor confidence, so they want to glance at it and invest. after that I hope in the future there is a movement to fight the scammers. Great point. With providing ideas to gained back investors interest will then again brings healthy investment gateway. Investors are the very heart if the industry with them to support will bring a huge success to any project. If developers can give them sets of proposals which they can't ignore the process will make a good impact to market again especially for newer projects that have real usage and help from this industry. |
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in my opinion there is a risk of using trading bots, because the experience of my friend whose balance of nearly 3000 USD is lost somewhere, he explained, lastly he used a trading bot, therefore I only recommend to be careful in using trading bots, not I forbid but just remind.
Not at all trading bots are generating profits, not all of it, there is also big risk in having it, if that bot is creating profits all the time, so we don't need to learn trading at all, we just need to buy trading bot, set up and let us sleep whenever we want. I don't it works that way, or else no one will sell a bot as they will use it on their own good. Good point, though there's some existing paid bot who can generate if you also knows how to set it up properly. Trading bots are still relying with how the users will set it up, the market fluctuations affects the executions of the bot, the more you understand how to ride with the volatility of this industry the more chances that you'll be able to work with your bot and make it profitable for you. |
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If LTC flies to the moon then he will fly through because as you know the Moon is not a physical object. If seriously, you can buy any other altcoin from the top 10 and wait for a flight to the moon which may not be in the current situation of common fall.
You are right, you can buy any altcoin from the top 10, but if you look at the charts of price change in relation to bitcoin and the dollar over the past year, you can see that there are no changes to the dollar, but in relation to bitcoin, the altcoin fell in price significantly less than all other altcoins, even ether looks worse. You need to buy at your own assumptions. Top 10 coins still far from it's last time high so purchasing and storing those assets are good for long term investment, plan your portfolio and keep what you think will bring potential profits. The market volatility needs to be considered so don't quickly judge observe and select the right coin to add inside your wallet,. |
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Hope is always their for cryptocurrency not only bitcoin, we just have to have faith in bitcoin because it has already proven it’s worth for many years now and despite the very volatile market bitcoin always find it’s way to the top. Therefore, the price that we’re seeing for bitcoin is a little bitcoin compared to the time when it dropped to $3k so lets not lose hope and trust that bitcoin will then again soar high.
Hope will give you complete confidence to keep on waiting for another possible bull run. There's no assurance that it will happen right away but by looking from the previous outcomes the market always find time to recover and bring a good bounce after suffering from huge downfall. Do your research and adds more patience helps you to stay positive. |
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I can consider that as your business because you are earning money but make sure that you don’t need much money for your daily needs because trading can’t give you fix profit everyday. If you gain a lot of money from trading, treat it as your business and make a good decision for you to stay on that business.
You can treat it as a good business since you are already using it to generate earnings, there's different opinions about to this but the important thing is how you consider this venture. For people who can afford to generate bigger income from this field they can consider that it is an freelance business where you are the boss of your own income generating business. |
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There are no many new ideas now, the majority offers what is already on the market, improving the initial idea a little, and sometimes not doing it at all. In addition to a good idea and a strong team, it is important to get widespread and gain popularity. And this is the most difficult.
Absolutely many projects no longer offers new ideas that can deal with investors needs, more projects being a copy or being conceptualized with working projects, it's doesn't excite the investors anymore. there should be a good balance so if any project being propose there's should be a good usable involvement with ho crypto will flourished and continue surviving around the industry. |
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If regulation never come anytime sooner can we protect ourselves? how can we protect ourselves from crypto monsters hiding in disguise, especially bounty projects coming into crypto space with full force, any ideas ? I know many are going to say we should do better research before promoting projects, is there any strict blows we can give these monsters by ourselves ?
Regulation will surely come and if not the space itself will set it own standard. I do think investors and bounty hunters need to be wise now, not every project worth participating in, another thing tha I observe is that there most people are impatient with the team, they have other thing to do and even have there own personally life to look after, give them time to get things right Regulations is needed inside ico's which mostly being penetrated by scammers, both bounty and investment needs to be done with good research in order to avoid ended up with nothing. You have to be careful investing your time and your money, there's a big space out there where both scammers and real developers are working , you need to be more selective from those target projects that you wanted to support. |
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You are already in cryptocurrency and you should not regret it.
YES, the course is unstable. Sometimes there are mistakes, but do not look back. You will not change anything. It is better to assume that you made the right decision, even if you got a loss.
We need to move only forward, what do you think?
We can pause our action like investing and doing bounty but we never stop updating ourselves on what's happening in the Cryptocurrency industry, but most important is to hodl the top coins in your portfolio like Bitcoin, Ethereum and some of your choice coins, we never know the next big bull run could happen tomorrow and you do not know that's it's here. Yeah right, we should take some breaks and analyze things whether it's helping our investment or it's needed to stop for a while. The situation is not so friendly right now and if you will not reassess your position chances that you'll lose more will happen. If you have the time to do some more research before making any decision better to do first. You can go and move forward after doing everything to extend your patience. |
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Refuse of buying IEO on exchanges that you are not familiar. I've read something before that the potential of being a scam of that exchange is high although the sale can be legit but they are faking it out. I think I've seen that post here before. Buy only on the legitimate exchanges so that you know where your money is going and you have the assurance that it's an official sale. It also doesn't mean because you've bought the sale, you have 100% ROI within short time.
You need to think wisely once you participate with this kind of sale period. As there's always room for scammers to play with your investment, so there's a need of being careful and you have to analyze deeper in order to not being victimized of the developers who's taking advantage of those people who don't understand the situation. Using reputable exchange for your IEO investment is much lesser risk, the exchange owners will not gamble their business though there's still chances but it will be slim. |
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of course you are absolutely right, many beginners are influenced by hodl and just hodl and how did that happen? in my opinion the lack of knowledge about investment can be a disadvantage for beginners, we have to look at long-term projects from coins / tokens that we have to invest on how the project program runs according to the roadmap
The whole idea of how much the potential benefits that once investors can have dealing with long-term holding is what more investors believe. They wanted to keep the assets as they will continue to wait for the market to bounce back and give them the benefits that they are aiming. Those newbies who don't have enough knowledge will keep tailing the idea but without realizing that there's also understanding that needs to be done. They won't succeed from dealing with this process. |
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If earlier I received income due to rewards for the company's bounty, today this situation has changed for the worse.
That's the kind of experience that we will treasure forever, earning is a privilege here as we are not risking our money to earn and that's the best of making money here. It really is. I'm grateful to the person who invented the bounty. And although now they are experiencing not the best time and the rewards are not the greatest, but at one time they gave me the opportunity to earn without investing my own money, but only my time. But it was my choice and my risks. It's good to experience those day's that you will be able to make some good cash by exerting some effort and by investing your time. Many people who do have opportunities to enjoy those valuable rewards that they've received from the bounty job is really nice to remember. Everyone can still enjoy if they will keep on doing good research and not to stop just because of the current situation. It's hard but still possible if you can get the right project to support. |
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Looking at the market dominance, bitcoin covers almost 70.5% of the market trade as of time of writing. there is the need for altcoin recovery or it might spell doom for investors. i.e, people invest today on a new project and sell off tomorrow.
According to a wall street executive, Max keiser, he strongly believed that altcoins has reached there dead end and advised that everyone should focus on bitcoin. considering the fact that bitcoin is limited. there is the need for altcoins as the name implies, Alternative coins.
What is your say on this.
Altcoin depends on Bitcoin prices and market trends. if Bitcoin is getting more popular it must tend to be a more active market in bitcoin but does that make altcoin completely dead ? of course not because the altcoin community itself has its own progress. so if the altcoin market is not as active as before it does not mean altcoin is no longer had value. every coin had their time. for now its for Bitcoin. It's considerable as there's still Alts that have a good community who will continue to wait for its progress. Though a lot of Alts projects which still in the state of losing its value, there would be a good time for those good projects to show up and bring good movements. It's Bitcoin dominance that continue to put the Alts market down and hard to find momentum to rise back. Good projects will be there once the market start to feel better. And the sooner that it's gained a lot of supporters to invest again, it will bounce, not the majority but there's still few Alts that will show its real value. |
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it depends on you. if you are good at analyzing the market will definitely avoid or minimize losses,
in my opinion avoid investing in just one coin, take a few coins according to your investment or trading strategy.
so you get several options if the market were bad.
It can help you to reduce your loses while waiting for a good bounce, holding more than one coin can divert your investment once the market is not working well with one of your assets, it can give some breathing since market fluctuations is unavoidable you need to have a set of plans to continue working with the market. Having a good positive view while patiently waiting from how your investment will grow and succeed inside this industry. |
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It was indeed unfair and I was ready with the risk even though in the end I chose to never participate again in the bounty campaign. IMO, Because that decision would be better if we had agreed to the rules but finally we complained. Imagine, in the past I have long been a participant and the campaign has been finished but there are rules for not releasing the signature until the prize is credited. So the problem here is, when the campaign was over I decided to remove the signature because I was interested in participating in other campaigns, but still, even though I participated and wearing signature until the last week of the campaign but I didn't get any prize just because I removed the signature before the prize is credited.
That's annoying since the campaign already ended there's should some consideration from the manager, you completed the required weeks and it's only the extended time for calculations when you removed the signature codes, you can try communicating with the manager and state your case. Though if there's really a set of rules in regards to this matter and it's clearly stated from the start but it should discuss from the manger and know how to workout with your case. |
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I prefer to trade for a daily income, when the price drops I buy and when it rises the price I sell, but see also the development of the latest information from the altcoin we are trading, in order to always get profit. Most importantly do not get greedy, just take a profit of 5% to 10% of the price that we buy.
if we talk about methods to increase the amount of cryptocurrency we have every day, trading is indeed the best way. however, the method I use is not through trading. until now I only support quality projects that have bounties. with that, I combine income from the bounty with hold assets that I have. it does take quite a long time, but it is enough to provide satisfying results. Trading if you understand how to take the risk will continue growing your alt coins assets, though it's not that easy and there's a lots of factors that you've needed to take before you widely explore this venue of investment, there's always a high chance of multiplying your assets and have a good outcome. You can also deal with holding coins that offers staking rewards it can provide decent but you need to wait for longer time or have more coins inside your wallet. |
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Now the crypto market is very much filled with various fraudulent projects that collect a lot of investments and deceive their investors. If you want to save your money, you'd better stop investing in new projects. Pay your attention to those projects that have long been on the crypto market, but have a large price volatility. On them you can earn good money.
Though it is also not an assurance but it gives a little edge lessen the chances of being scammed, with so many projects around the market who turned scams, and developers who runaway with investors money after collecting the funds that they've need and disregard anything about the projects that they've created. You can increase your potentials if you will invest with projects that already exist just need to keep enhancing your knowledge about every factors that will bring the value to rise high, to put your investment in the right place. |
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