It seems that some scam projects manages to get on exchanges and pretend like everything is normal, they have good aim of exiting scam by introducing bounty campaign that will take weeks and along the way while bounty hunters are promoting the projects some investors attention will be caught, after bounty is about to end the coin or token value will now dumped, by the team
As a bounty Hunter, we create awareness for them to attract investors and they will dump on us leaving bounty hunters with nothing, it seem this is the new trick now, Spyce and Blockburn and IMO did this, no more volume, there was dumps and bounty hunters received nothing
The truth is that in the crypto currency sphere, anything is possible. But that does not stop you from doing the basics. Spyce, Blockburn has a good product, and i am sure once the pandemic is over, and life resumes, the gaming world would resume, and osiris browser will be used, and there will be demand for their tokens. They have interesting listings ahead, and nothing can stop a token growth, not even the team. With regards IMO, IMO was a scam project from the beginning and there were enough red flags. Why do i sound so confident? Hex team also dumped the market; but their platform released a feature, and it soared the price and everyone benefited from the pump and profits. Its not rocket science, its basic. A good project will always pump upon launch |
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I bought a good number of Waves coin a couple of years ago. By watching many development news and update I thought it will contest with Eth in future. But i am now frustrated.
I bought each waves at BTC0.00135 and current price is BTC0.00012+
Should i stay in waves or convert them to ethereum?
It will be very remarkable if you stay in waves and follow its growth in the coming days. Going back to ethereum will be staying in loss and it is not good enough. I will ask few questions, do you have a research function? Do you have any scheduled research or details about waves or etherum? this are the details to take note of when buying and selling. |
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Well advise but the key to them all is patience. Once you don't seems to have it, you'll be highly frustrated cos your whole mindset is to strategize and make quick money. Crypto market requires the ability to wait and keep your emotions aside while the market fluctuate until it favors you
You have pointed out the core characteristic; the patient trader will always win, even in losses. And you can only learn trading strategies better, when you are patient. The most important factor after patience, is doing your own research to the grassroots; it helps and guides alot. |
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The gaming world is trying to encompass the crypto currency with its functionalities, but at the moment it is difficult.
The blockburn gaming platform is struggling to maintain momentum; and several other gaming crypto currency projects.
But it seem IOI has an edge, they are paying hunters in trx, while investors and platform users will need the ioi tokens to use the gaming platform; i see ioi making the desired progress.
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I was once a long term holder but now I have a different mindset, please learn to take profits when they are available, that's the best way to earn and increase the quantities of your coins
This is just the best of words i preach and love to hear. As a trader, you must always keep your emotions aside, and ensure that you take your profits once the opportunity show. In trading, there are several opportunities to take profit, and you cannot allow emotions at all. Continue to do your own research |
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To be honest with you, you cannot count on every projects use case when you are doing your own research because in crypto currency things happen.
If you want case study, look towards the blockburn project, the spyce project , currently their product is struggling.
One thing you have to take note is that, the project use case you are confident about; can it happen ?
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I've never seen a big failure project like blockburn this year so far, in 2019 when this project was released it was trading at a whopping 0.93$, and after bounty was over, without sending any token to any bounty hunter the value is now 0.00007$, this will be the first failure project I promoted this year, the use case is something that should work as per my research but the question is, what happened? Exit scam? Or team dumped?
This is an interesting phase of crypto currency, projects like hex goes overboards and performs beautiful increase in rates amidst hunters dumping While blockburn full of hypes, full of support, full of working product, fail right before everyone. Nobody knows what happened yet, but with time it will definitely unravel before us My advice is this, before joining bounties, always do your own research |
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Does anyone here use stable coins to there advantage? I mean its really a life saver! You buy a coin, the coin raises 25%, You sell the coin for Tether, If you repeat this 4 times, you now have 100% profit! What do you guys think about stable USD coins? Does anyone here do this same method im doing?  Instead of saying life saver, just term it as a profit / capital saver. I see stable coins tether or tusd as alternatives fiats; you keep your money in usdt or tusd if you are awaiting a trade to get in, because neutrally, when theres a dip, local conversions to usdt gets very high, but usdt or tusd saves you. Trading with stable coins is also good, but you need a balanced strategies to always earn from it. |
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I do not buy the idea of thinking before joining campaigns. There are laid down strategies
1. do your own research, find out about the bounty manager, the team, find out every listing if it is real'; check through their main group etc.
2. Read the instructions of the bounty, some say token locks for weeks, months, some have unbelieavble task and peanuts.
3. Understand what the projects aims to do, is it reasonable ? can it ever work ??
Answer those questions and do more research before joining
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What are the best exchanges to try and get your new token listed on? I'm talking about realistic exchanges that you actually have a chance with.
Token listing does not always depend on the team that controls the token; it is basically a tough task. The truth though is that, if i have a project; it has to be listed in any of the top 20 exchanges that we have today. But it isn't an easy task; the project has to be commendable, with a good product that coexist with adoption; then you can convince a better exchange for partnership |
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From an investment point of view, i feel that it is better to invest in a token than a coin.
My instances are as follows; a token will yield to you profit in no time, quick, precise and sharp profits; then the token may or may not increase in price further more.
But when we consider likewise towards a coin; it usually have long term visions, which after actualization makes the project valuable and price desirable.
But not much coin survive the time, only few
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A friend asked me what will happen if all IEO projects can use binance, meaning if they have the money, either legit or scam, here is your answer
Do not forget that even if all new projects have the money to list on binance they can be turned down if the project is not good enough, top exchanges have their asses to cover, reputations at stake here, binance among other top exchanges loves money, everyone does but that's not the end for all top exchanges, once they make a mistake of listing and hyping a scam project they are done for, remember that.
it's always about money and reputations, crypto space is so delicate, reputations get ruined fast if care is not taken
You can be right that binance helps projects with hypes, and that binance helps investors and traders by making sure that they bring only legit true projects to their platform. But it is not always like that; every top exchange has that shit project that bought his way through to listing And you need to take note, that either good or bad; either top exchange or not, a bad project immense dump cannot be avoided; because when the hype is over and the products advertised is missing, demands drive drop and so the price and value of the token |
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This has been discussed several times in the forum and as a newbie don't you think you were supposed to take a stroll around the forum.
The basic principles to choose a good project and avoid fraud projects is just one; which is do your own research.
Before you do your own research, there are questions that you need to answer which will guide your knowledge about crypto currency.
1. What is your example of a good project?
2. What do you expect from a project before you term it as a good project ?
3. What features do you search in a project when doing your research?
4. Do you need the team details before project validation ?
5. Why are you investing ?
6. What is a fraud project?
7. What features do you expect in a fraudulent project?
Answer the above questions honestly, do your own research and you will get it right.
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We are closing to the bitcoin halving event and the orice has already startes to act to the event as expected. We may now see a significant increase in BTC price as well. Is it a good time to invest some money on some altcoins, obviously on the top altcoins only.
If i am being honest, the good time to buy alts was during the epic bear market when bitcoin went to 3700$ and below; that was the best entry moments for several tokens in the market. But due to popular demand which says now is the best time to invest, you can still go ahead to invest, but before that do you have a shortlist of altcoins yet ? did you do some findings about them yet ? do you have a ta / fa projections of the projects? do not invest just because bitcoin halving is coming; remember investments are to make profits. Always do your own research |
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If you have $400,000 worth of an Altcoin, that has a daily trading volume of $100,000, how do you offload it? Because it seems like a coin with a medium amount of trading volume only has maybe $500 trades at the most. So I don't get how someone could offload a large amount?
For you have 400,000 $ worth of an altcoin; then its either you are a team member, or private investors who get portion of supply for investing. And mind you, you will have no reason to offloan 400,000$ worth at once, instead you will prefer to invest more to make project better. With a daily volume of 100,000, and token of 400,000$ to sell, you are basically going to ruin the token and its trade totallly |
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The truth is that when it involves scamming or scam projects or fake projects; it is not dependent on the project alone.
There are several scam projects that get promoted by peeps on here which isn't good enough.
There are several scam victims that were bodied due to greed which is not fair.
We need more peeps like you who bring out and expose fake projects; and i will like to know if you opened up a scam accusation thread already ? or perhaps one is opened against the project yet ?
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Selling off is complicated i must say, and if we are being realistic; there is no faulting anyone that picks up profits in this time.
Because during the last deep dip when bitcoin went to 3700$, those who bought and invested are now in over 100% profits; if they decide to sell off the profit and hodl the initials, do you think it is because of the period ?
There are several reasons why profits are taken; and sometimes when we sell in loss; there are potential valid reasons too.
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