Hello,
Someone is sending me faucet ltc, but I gave them a real litecoin address,
How will it behave ?
Will it appear on the blockchain like a real transaction ?
Thanks
There is no different from LTC address used for faucet and real LTC address, both of them are LTC address. Faucet is a source when a coin can be earned, usually by inputting your coin address and later you will receive the coin.
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We should not afraid from the beginning, just conduct some research about the project and take time. Once we find out some good project to invest on, then we can put our money to it. We will never get a profit if we always afraid before doing anything.
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I think we cannot investing 100% safe, there is always a risk in every investment but we just need to ensure something. Ensure that we are investing in a legit crypto project, not a scam one. Therefore, much time will be required to conduct research about the project we want to invest.
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With $1000, we can buying some potential coins or tokens like BTC, BNB and hold it. or if we want to trading, we can buying some coins and trade it in various cryptocurrency exchanges. Another way to using your money is by participating in IEO on top exchanges.
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If we want to use new wallet, it will be better to start a wallet with a new address. Importing the existing address is very dangerous because it means we will give our private key or phrase to others. Always use the trusted wallet so we can save our coins with ease.
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We dont need too much crypto exchange for trading, just 1 or 2 exchanges is ok for me. The problem is not about how many but how good is the exchange. if we using good exchange, we will be able to trading with real volume and not wash trading / fake volume.
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Some peoples join bounty campaigns to get the coin and token they want to invest without spending money, so that is the right thing to do if you want to invest in such way. but keep in mind, good bounty campaign nowadays are hard to find, so we will need time to find a good one.
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Because many ICO were not success in the past, so peoples choose to invest on IEO now. One of IEO advantages is the token will be listed on the exchange who launch the IEO, so we will be able to sell it short time after the IEO completed.
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i have got around $1500 to invest in coins which coins do you guys suggest to invest in for quick money ? a year ago I have invested in STRAT and Sia and I lost big amounts and regret investing in those coins.
I'm thinking of investing $1k into BTC as its low risk but I would like to risk the the other $500 with a coin that I can make quick money with it
I suggest you to change your purpose about quick money, we should be patient to watch our investment growing. Cryptocurrency is not a quick way to make money from it, it will need process, except you know when the crypto market will be bull running, so you can buy and sell later with profit.
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It is more effective because IEO listed on the exchange, and if it listed on the top exchange, it will be sold out very quick. I think it is because many investors trust their exchange so they are willing to buying the IEO. IEO is reduce scam projects in crypto because they need to be researched by the exchange.
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Listing the coin on shit exchange is like killing the project i guess. It will be a waste if a good project with a good amount of money raised, listed on no good exchange. A good project should list their token on a good reputable exchange as well.
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Altcoin season will come later, and the dominance of bitcoin will not above 50% anymore when it happening. The crypto bull run has not come, so bitcoin will keep dominating the market until it come.
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If peoples think cryptocurrency is used for betting, then it is no problem because that is just their point of view. They will change their point of view if they look crypto closer, follow the project in the community and observe the crypto market. So i think this is not a big problem for cryptocurrency because that is just a personal point of view.
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Probably they used the money to investing in IEO on not trusted exchange. In IEO, the project listed will be depends on the exchange itself. A good exchange will have many requirements to list IEO project. And if they listed there, it means they are very qualified for investors.
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That is just only a small piece of trading experience, and we can learn from that indeed. The right time to trade your token is when i see the real volume of the token is high, so i won't have any liquidity problem for my token when i trade it.
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You cannot leave your investment without monitoring it, at least you must open your email once in few days. The swap announcement usually will be done by broadcast to email of the investors. Sometimes swap is used to profiting the investors by protecting the token value if there is a breach / hacking.
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Lol, i can relate because i know bounty campaigns nowadays are like that. Bounties in the past are very good to take a part of it. You can create contents and articles for many campaigns. but now, it will be more efficient to join in single but good campaign than many campaign but you don't know whether you will be paid or not.
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What is better, listed on shit exchange, or not listed on any exchange ? I think it is better to postpone the listing, so it can listed on a better exchange. Listing on exchange is very costly, it will be wiser to use the money for the development of the project and marketing to promote the project.
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Usually most hunter looks for high reward in bounty campaign, but now is not anymore because there were many scam campaigns offering high reward. When i want to join bounty campaign, i will find the most legit campaign without regarding their reward allocation. If the project is not legit, no matter how big the reward, it will be go in vain.
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When peoples choose their first exchange, they will try to deposit and withdraw some small funds first. and if it is going smooth, then they will trust the exchange and keep using it. Funds are safe, deposit and withdrawal fast, no problems happening, those are why i choose to use the exchange.
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