-Future liquidity -Volume -High demands
These are what i look for in every projects before i decide to invest a penny, some projects have a good start in early beginning of their life but later on they slowly fade away, every project must have something that will make people want to buy right? that's what i focus on
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We have scam section on this forum for sure but many hunters don't care to check, i used to check this section just in case and if the evidence against the project is genuine i will stop promoting such projects, there is really no perfect way to detect scam projects, it requires your research most times to fish them out
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I support crypto and blockchain technology fully so apart from profits i want this tech to survive, id say i am into short term and long term investment in my own way, i like holding for future profits opportunity since i can't predict the future and i also like other ways like trading or mining but with trading you can lost money instantly if you don't know how, they are all risky but i like taking risks
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Things why a person can easily get scammed in crypto-world
1. Greed 2. No knowledge about the project 3. Trust
This are the three main reason why they get easily scam Greed, because there are a lot of promise by the campaign and the developer we easily believe that its true investing a lot of money in the project that is garbage. No knowledge also is the second reason because of the trend they just go and invest without any knowledge of the said project Trust because they trust the people in the project which sometimes pretends that the person is a member of the project they can easily decieved that once they invest , they will soon find out that the person is just impersonating , and not really what all expected.
Not really, see we humans all have weak points and when something we most desires is been use against us its pretty hard to shake the temptation away, every crypto investors first aim is PROFIT, we want to make profit in everyway, this is what scammers use as well to lure newbies, there is no way you won't fall for scam one way or another, everyone is a victim, atleast for a first time before we become smart
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i have promoted lots of bounties through other bounty platforms like bountyminer and bountyhub but the rewards are very low yet i am glad i don't promote scam projects, the rewards are so low that they are like when you receiving tokens from airdrops campaigns but its better than none, doing research helps me a lot and histories of past bounties help me as well
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Its a matter of choice here, if you are looking for quick profits then go for shortterm investment plan or ways of making profits, learn how to make profits in crypto space with short term investment strategy, example is trading.
Long term investment takes time, even years in most cases which many people aren't ready for but the truth is long term investment can bring good changes to your life if you invested in the right projects, people don't like this strategy because it takes time
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Trading volume on exchange is the main issue with bounty projects nowadays, its not about how much reward you get but be able to sell your coins or tokens after bounty ends, very few bounty tokens have good volumes on exchanges this is why i don't rush to promote any bounty projects, if there is no demand for the token there will be zero volume
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If you want to get rid of all the shitcoins in your wallet do the following 1. Send them all to unknown wallet address, if a total bye bye 2. Send them to an exchange and leave them there, since there is no volume just let them be on the exchange 3. Delete the contract addresses so they won't appear on your wallet directly
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There are fake or scam prove of staking projects in crypto space that you need to be careful of, my advice is to pick POS projects with low staking rewards because those with high staking rewards have other bad intents, they can exit scam at any point in time, do not be deceived by high returns
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The hardest part that people can't endure in crypto is sustaining for a long time without any thing to linger on, instead of complaining people should find other ways like trading, don't forget that all the coins you dump today to sustain yourself might worth something big tomorrow, don't toy with your future hopes
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If team of any project is not showing sign of following their roadmap i will dump for other coin If the coin has no better trading volume on exchange i will dump for better coin If teams are been shady or don't want to be open on their social media channel i will give up on such project and move to other Its always safe to stay updated with every coins and tokens you have in your portfolio in case any thing want to go wrong
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The best cloudmining platform till date is nicehash and eobot, nicehash is still paying the reimburse payment from the last year hack on the platform and i have almost get paid to 100% now, they are both cloudmining service you can trust but the real truth is cloudmining is not as profitable like in the past years
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You took a big risk already so why asking for people's help? why can't you ask about selling your house to buy crypto or not? anyways limit your risk by investing in top 10 coins only and make sure tou don't invest all the money in crypto, anything can still happen even when every thing looks smoothly for now
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This reminds me when i used to mine electroneum coin, the mining difficulty was very low for a month and half but due to the popularity of the project the mining difficulty rise up so high in just few months and it became non profitable anymore, the lucky ones are the early miners, they are able to mine huge numbers of the coin so what you are doing is not a bad idea but you just picked the wrong coins
Electroneum (ETN) is a more reliable crypto project with a real use case compared to the ones on the OP list, i am sure that he have learnt his lessons now, before mining new coins make sure its a big coin coming from big company and you won't end up wasting your precious time
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Hunting for crypto bounties is nothing more than a gambling now, you can't predict which project will pay you for your hardwork after bounty ends, many of these new bounty projects are time wasters but if you don't give up you can make something worthy out of it someday, its better to focus on bounty projects that are already trading on exchanges, they have better chance than projects that haven't been listed yet.
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The Juniper Threat Labs group says “Masad Stealer sends the majority of the data it gathers [through] a Telegram bot constrained by the risk on-screen character.” This new malware targets Bitcoin, Monero (XMR), Cardano (ADA), Ether (ETH), (DASH), XRP, Litecoin (LTC) and such different cryptographic forms of cryptocurrencies. So as to comprehend the gravity of the risk, process this reality: A location associated with ‘Masad Clipper and Stealer’ has gathered Bitcoin worth more than $9000 till date. The malware is being promoted on hacking discussions. It is really being sold through a layered methodology. It begins with a free form and it tends to be moved up to one with all highlights for $85. News Source: TheCoinRepublicThis is not a new news at all and i have heard about this malware for some time now, this malware is capable of swapping your own address in your clipboards to the hackers address, only those who aren't careful will fall victim for this
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I think not much but if you want to find you can see some really good bounty campaign. I am part of some like egt, harmony(one), eosbet and also I liked btc paid bounty. They are always a win-win situation.
Eosbet and Gowithmi bounty projects are very good ones since 2018 but i missed them because i lack behind at that time, harmony is not bad either but the bounty compulsory KYC for participants, i don't like bounties that requires KYC i feel unsafe with them
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This is a very useful article about how to choose good ICO investments but it doesn't guaranteed that nothing will happen to the projects, remember that we are in the era of crypto where even very good projects end up dead this is why many investors choose IEO over ICO now
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I just find out that some coins might start with very low volume and marketcap and end up growing big? true or false? i tracked back some old coins that start with trading volume around 6k and end up in millions, is this still possible today?
Do not compare now with then, we don't have many coins like now back then, its not impossible but its rare,many new projects of nowadays always have good volume for start and dumping will eat almost 90percent on the available volume and if buy orders seize problem might occur from there onward, better to invest in projects that have highest demands so that there won't be any trading problem
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After reading about how good it is to try trading while market is nit really in good shape so i ended up giving it a try, i was given a demo account at first and after several losses and winnings i was about to nearly double the demo account fee, so i did end up depositing some bitcoin and i end up losing the bitcoin, i am here today to reveal how i caught a trading platform that is fooling people with fake trading. No matter what i tried i keep losing, i said to myself why losing and only winning once in a while even know that i just nearly double the demo acc? then i went to a friends house we decide to try this trick out, he download the app as well and we deposited bitcoin on his own acc, At the same time i put 5$ on btc will come down and he put 5$ on btc will go up and guess what? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) We Both LOSE ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) the name of the platform is IQOPTION. be careful people
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