Creating DeFi projects and no done due diligence and testing for their smart contract? This clearly shows a scam and the initial idea was to attract investors from social media hype. We should be careful about such projects.
Somehow, I missed this project. And this shows how an old system can still work and provide benefits if transparency is shown. Buy doing ICO, this project has definitely saved a lot of budgets to hold IEO on renowned exchange. Kudos to this project and its investors.
If we look at the market capitalization, ETH is 3 times ahead of Ripple. To beat the ETH ripple price should increase more than 3 times. But with this situation, ETH may also increase to some extent. So in terms of market cap, nothing ca beat ETH in the near future.
This is the great work of doing to escape losses, but it is the same as an investment via fiat. Alos to what point we can wait to enter is the crucial decision. Let us say you enter and again it goes downside, you will still incur losses.
This is actually a great way to pay bounty hunters and this way the payout will be actual. See the situation when the team says 1% of tokens and looking at the IEO or ICO prize, we get attracted to it assuming will get hundreds of dollars. But when actually the coin or token hits the exchange, the real value we see and our rewards are worth of few dollars.
That is why I am huge fan of Bubbalex and specially his projects . CCOH , cartesi and then DIA. Just today it was confirmed that bonding curve has been finished on August 18. So same like Cartesi, DIA distribution will happen in 3 phases. Kudos to Bubbalex and his community
Now a days there are no exceptions left for industries going for tokenization. Sooner or later, evry industry is on the way to get digitised with blockchchain technology. Recently, few month ago, I came accross one project related to sports industry. It's name is project "WITH". Its still running.
This is absolutely true. And applicable to all emerging technologies coming to blockchchain for tokenization. Whenever any technology is trending, the first group get its advantages is scammers. Just like all projects, we need to do extensive research before investing in defi projects. Actually, research is required irrespective of technology of the project.
I am afraid someday, cryptocurrencies will be ilegal in my country. Till today's date even it not consider legal or ilegal. So decision may come on any side. I have to see what to do with my investment if it's banned in future.
You are absolutely right. It's game of holding. Decision to to sell at a checkpoint which says, yes, is key thing. Based on the potential and upcoming developments of the project should be considered while deciding the tenure of holding.
From my point of view, there are few alts working good and will fly in near future. It includes MTV, trading on kucoin and binance desk, cartesi on binance, spyce, Sheng, and dia a defi one. Let's see how it goes.
Bitcoin is kind of private commodity or entity which no government can control fully. But by imposing regulations, transactions can be controlled to avoid money laundering activities. Each government wants to have tax collected by such means, so by regulating they may get benefits out of it.
When project says they were not able to raise enough funds or closing due to not having much investment and users, feels like either they are scam or not planned their development properly. Somewhere they failed and thus not able to raise enough funds. However, there are many good projects out there that look strong and confident. Due to such projects, still having hope on the crypto market.
I have earned my coins in bounty campaigns. So I did not invest money but my time and efforts. Joining the bounties by trusted bounty managers, I hope projects are good, and looking at further development, progress, and roadmap, I believe my investment will grow eventually.