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Scammers are everywhere in this crypto space. And top projects or top exchange's telegram group are full of scammers. They text you first. And they pretent likebthey are admin of those group. And they try to solve your problem. Most of us who are in this space for a long time know how to handle them. But they are thread for new comers. So those who are new be careful. This space is full of scammers so put every step very carefully.
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There are many kind of traders available. And one those are trade Alta with btc they don't care about the value in USD they care about how much btc they earn. And they are hopeful about btc. I dont trade very much but when I do I always go with alt btc pair. Cause I love to hold btc and boost it. So it's upto you but one thing I appreciate you that whenever you make your profit leave the trade. Most people lose this position.
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I think at this moment most of the new projects airdrop are nothing but scam. Most of them are not going to list on any exchanges. But some of them are good and trusted. But the amount they give is very small. But if you are new and you don't care about time or you could dedicate 15-30 mins per day then it's fine. I also go for airdrops for sometimes. But those which are trusted companies. Otherwise in my opinion it's not worthy of time. But it has 0 investment plus almost 0 risk so if anyone can want then they can go with airdrops.
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I thing it doesn't matter on the time. It's always the project it is good enough to stay at the market or not? If your project have some great appeal then whatever the time is the big investors will surely show some interest. And people who know how to pick a project or invest in ico or ieos will sure go for it. This specific time has many pros are cons. But o thing we shouldn't count them. Just hope for the heal.
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The market mainly Bitcoin and top coins are showing some good moves. At this moment many high volume coins are growing with Bitcoin. So it's not good for those who wants to buy high cap coins. Some low coins are in red side with btc pair if you are trading with btc then it's fine. You can go for them. The price remain same but you can make some profit regarding btc. Before halving I would like to stick with btc and some specific high cap coins like eth or cardano and few more.
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The coins you pick are very good. I always prefer bitcoin and ethereum. I always go with my 50-60% with btc and eth. Mainly ethereum. Without these I go for bnb. I think bnb has a great future. The minds and community behind bnb is very strong. Ada is also a very strong pick for me. ADA is strong pick for long-term holding. And another project called vite looks good for me. It's mainly a community based projects but still they are doing very well. That's all for me.
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For me it's yes. I am using usdt for a very long time and for me I never received any kind of trouble. Usdt is the most popular and most used stable coin available in the market. Cause people trust it. And they chose it. I know there is many rumors regarding usdt. But I don't care much. If you are not okay with this I would suggest you to shift to other stable coin. Cause in the market there are lots of big alternative available. And you also can splite your asset. Just whatever you do do some research first.
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Yes erc20 address and ethereum address are same thing. And what you got form coinbase that also a ethereum wallet address. You can hold ethereum there.
You need to understand one thing. Ethereum is not just a coin name it's also a platform. And most of the coin on the market are based on ethereum platform. Whicheans you can store them in ethereum wallet address. But if you use coinbase ethereum address it doesn't support all those coins. It's very selective. So you can try myetherwallet or any other ethereum wallet and create another addres. Where you own the key of the address.
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Yes you are right. In this market there are lots of exchange available and many of them are not usable. They did many kind of scam like volume pump , high withdraw charge. I have some bad experience regarding latoken. They paused my withdraw for more than 8-9 days. Their is no proper customer service available. So I would suggest you guys that stay away form this kind of exchanges. And when you are going to use small exchanges please do some research forst.
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I at this moment both of the project is trusted. I can take one side but if you see them both,both of them are supported by a huge community where people try and trust both of them. Both of the project achieved so much. Ethereum is one of the most used platform available. In the other hand BNB is not only a exchange token anymore. It has its own platform and a supported Dex. It has more usecases now. I trust both of them but if I have to chose one I would go for BNB cause BNB has great plans for future.
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Yes,you are very much right about this. The goal of ico and ieo might be same but the process make it very much different form other. In icos people's check many things like team, partnership,any big names in team, MVP and many more things. But now in ieo culture if binance announce a ieo we all know it gonna be reached hardcap in minutes. But if a project come with great setup but ieo in a small exchanges theni ts not gonna win. But it's also true most of big ieos atleast not in scamming side. But most of the small or bad project have that problem.
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Vindax again. Few months earlier vindax was the exchange everyone talked about. Somehow using something they are in top exchange list in coinmarketcap. They did something wrong everyone knew that. That's why I always stay with big exchanges. And if anytime I have to use any small exchange like this I would like to research about them before deposit. Not only vindax there are other exchanges which are doing same thing with customers. We should stand against this kind of behaviour.
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I use both coinmarketcap and coingecko. But I always prefer to use coinmarketcap. There are many loopholes in both. The problem is not exactly their. Exchanges and coins use to pump teir volume mainly the small and medium exchanges. And site like coinmarketcap give you the information through api. They don't have fault. Their is a lots of coins and exchanges nso it's hard to take care of all. But I would suggest you when you do your research check both. And even more. Don't trust single resources. That's it.
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I don't think so. Even I can't even see any sigh that crypto is goin to zero. This concept of crypto currency is based on decentralisation. So it's hard to stop it. And now the use of crypto is going more and more. Now many government started to think and even adopt crypto. And at this moment when governing bodies are thinking about crypto. I know it's still away form the mass people but when big companies government started to accept it. People will understand and use crypto. There is only chance that crypto market is going to go up not down.
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To choose altcoins I always follow some places. The first place I keep my eye on is coinmarketcap new listing page. There I can see a lots of newly listed coin. And if I find something new I always go for it. Check it's details and if I think that coin is fine I go for that. The other place I also follow some specific crypto telegram group. There are many telegram group or channel available but most of them are not good. So whenever you pick a coin form there you do your research your best. Cause many channels promote ponzi scheme. There are other resources like YouTube and reddit . One more great place is this forum. But kee one think in mind whatever you pick do your own research first and take decision only and only by yourself.
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For this pandemic the whole economic situation is not in a good position. So this crypto market is also suffering. But it's not for sure. In one hand people need money that's why they could sell out their crypto asset. And in other hand there is a chance that crypto market could grow. Cause when the fiat is not working digital currency is one of the best option. So there is both but at this moment market is not in a very bad position. So it's look fine.
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Firstly I always keep on eye in new projects. For that I always follow coinmarketcap's recently added section. If I think some project is good then I go deeper. I checked their website,and whitepaper, join their community and if I think that they are okay to invest then I go for it. I don't listen toothers I invest in those projects that I prefer. I follow some youtubers and Twitter account to know which are the hype project but I don't go with that without my research. So whatever you do do your own research before investment.
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For me it's yes. I use usdt and I used it for long time. But there were many talk about tether and many gud. But it's the most popular and most used stablecoin in the market. Cause people are using it. So it's okay to me to go with usdt. But if you think it's not safe then chose others there are lots of stablecoin available. And you also can devide your asset and can use 3 or 4 stablecoin tooo.
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I always go for coinmarketcap. I know coinmarketcap has some problem but it's not all their problem.Sites like coinmarketcap or coingecko they showed every data based on what exchanges share with them. We all know many exchanges use bot trading to show volume. So don't go for all small details always check 2-3 place before finalize something.
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