97 projects 2022-10-27 This collection presents a list of cryptocurrency projects that failed in 2022, including those that announced closure, entered bankruptcy, or had websites that had been inactive for a long time. 26 of these projects had funding in the amount of above $3.6 billion. Many projects went bankrupt due to the collapse of Terra and FTX Thanks for the info, it's definitely awful that so many bad crypto projects are entering the market. Unfortunately, the trend is very bad and next year will probably not be better. But I have not yet seen a single niche where there would be no problems. It so happened that in any direction there are always problems and crooks, and at the moment this problem is difficult to solve. But you need to go ahead and learn from mistakes, which means you need to approach the choice of a particular crypto project and cryptocurrency more carefully. |
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Newbie traders should know that they should use the amount of money they can afford to lose to trade.
We can see bitcoin at its low price, instead of some people to just DCA and accumulate, they may prefer to trade, I will advice you not to lose the coming opportunity as some people might lost in the last bull run. Some people are believing that there will be no bull run again in a 4 year cycle, I am not still one of that people, I believe we are still going another round again.
If you know that you are trading and losing your money, it is better to think about this twice or three time or more before making the wrong decision that you will later blame yourself for. We are in accumulation period, try and hold and accumulate.
My advice to traders that are losing is to still continue to trade, but using just 20% while 80% should go into holding. What do you people think about this? Out of 100% fund, what percentage can you advice a trader to use?
You know, I am also one of those who believe in a four-year period and hope that this time everything will happen as before, that is, by the end of 2025 we will see another flight to the moon. Yes, this is just my vision, nothing more, but in reality everything can happen differently. But if we assume that everything will be so, then now we are really in the accumulation zone and our task is to accumulate or save our crypto assets. As for trading, I traded a little and it's hard to say how best to do it. But if there is an opportunity to trade and earn, then you need to use this opportunity 100% but not take risks. |
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We all have ups and downs in life. If you are old enough, there must be some painful period that you thought you'd never get over but actually you did. What was your lowest point in life ? Especially when it comes to finanical difficulties ? How did you survive ?
My lowest point was back to study overseas in XXX country decades ago. At the time, my moeny was robbed and the school kicked me of dormitory due to the overdue fees. I was reluctant to ask money from my parents and I was collecting garbage food for nearly two months to survive. Luckily one of my friends at church helped me find a part-time job and I lived on that little money for a long time. That was really an aweful experience but I am glad I made it through. What is your story ?
It so happened that I have several similar stories as life continues to test me. As a child, my father left us and I had to help my mother by working after and sometimes instead of studying at school. We had almost nothing and it was very hard to live through, but thanks to the minimum income from work in the trade, my family and I survived it. Then everything went well little by little, but there was not enough money to improve the quality of life. After that, I changed jobs and went to get non-ferrous metal at a landfill. It was a terrible but more or less profitable experience. After that, I got a job as a driver for a firum, but this also did not particularly affect the development in my life. After that, I got married and, together with my wife, began to build our life together absolutely from scratch and without much help from outside. It was also difficult, but my acquaintance with the Internet and Internet projects solved the problem. Then cryptocurrencies appeared and life began to improve. I made repairs in the apartment, bought a car, then bought another apartment for my already children and started to make repairs there, but then the war came and I lost all my property, so to say that somewhere around 20 years of my past life were in vain, everything I earned and bought, I lost everything. But my family and I survived and this is the most important thing. Now I'm starting all over again. I still have my laptop and work on the Internet. Now I have to survive another fall again and it will be very difficult, but I do not give up and I am sure that in the future I will be able to solve this problem. |
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Keeping your money in the bitcoin wallet is the best way to safe guard your money in this contemporary capitalists technological (digital) economic system because if you keep your money in the Fiat e-banking system, the total capital which you have deposited to the bank account will not be in the same amount when going to withdraw in again. In some countries the withdrawal is limited to specific amount which you can't exceed to that amount. But in BTC wallet, any amount can be moved out. And the money in the BTC wallet is very accurately safe without missing any figure or decimals points.
Fiat banks are frustrating people in their various countries. But BTC in the wallet safe even in the bear market and the bull market. The only disadvantage of keeping money in the Bitcoin Wallet is the time of purchase and the time of sale. If you buy in the bull and sell in the bear. But if you can endure the bear and enter the bull market again. Then you sell.
If you have enough Fiat currency I will advise you to keep it at home, if you don't want to invest in BTC because Banks will frustrate you by cutting your money every week, every month without even doing any transactions. The bank customers complains every day. We are tired of the complains.
Keep your Fiat at Home if not BTC
A good recommendation, especially now there is also a big inflation that simply devalues fiat money. Of course, keeping money in banks is very dangerous now, as the financial system in the world is experiencing problems, which means that something bad can happen at any moment. As for me, if you have money, then you need to properly distribute it, and in this case, keeping part of the money at home and in BTC is a very good choice for this. |
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Like BTC, November wasn't really great for WTH too. And like BTC, it looked like ETH was going to start trending up for a while but then of course something shtty has to happen. FTX. :/ But it also feels like the market stopped caring and we're seeing some buyers scoop up some ETH at these prices. We'll do exactly the same thing as the BTC sentiment thread. Look at the chart below and answer the poll. I saw a guy asking for 'undecided' in the BTC thread. I say no... Let's not take ourselves seriously now. Just have fun and answer yes or no.  Personally, I don't currently see anything special happening to ETH this month or next. The fact is that it is stupid to expect growth from ETH now, since the situation in the world is only getting worse, which means that markets, like the crypto market, cannot go up, except perhaps down, or in extreme cases, there may be calm in the market. So my mood for ETH in December remains optimistic and I believe that the price of ETH will still be at approximately the same positions. |
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So is there any Free crypto coins tokens ?
Like Youtube is full of videos but non of them brought to me Free crypto.
Can any legit old member enlight us here from where we get the Free crypto.
We have try faucets but it's waste of time.
So many newbies Also want to know how to get crypto for real ?
And we want instant payments into our wallets not like the faucets doing it we have to wait month before we can withdraw 2$ into our wallets.
So IS there any sure way to get some Free airdrops instant please dont suggest those here who might pay maybe not Im Looking for sure deals.
You need to be realistic, no one is interested in just giving people free money, let alone cryptocurrencies. Perhaps it was earlier, when no one knew about cryptocurrencies and, for example, BTC was simply distributed to attract attention, but the price of it was also too low before. Right now, the price of BTC per turnover is high, and the distribution of free BTC is very small. This formula once again proves my words above that no one is interested in you just getting even more or less normal money. They give a little to interest you, nothing more. |
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Hey here. I want to try myself in casino playing, but I am really afraid of being scammed. Few years ago I lost a huge amount of money that I saved for a long time..
It is very bad when people lose their money, but in order to solve this problem, you need to know exactly why this happened. It's one thing when you just lost your money in a casino yourself, because you were simply unlucky, because the casino does not grant permanent winnings, on the other hand, you were either deceived by that casino or the casino simply closed taking your funds. If you know exactly what caused you to lose your funds, then you can try to help you with your issue. |
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It is true that some people have become rich through crypto trading in the recent times. But considering the high risk involved in trading, do you think it's proper/wise to trade with borrowed funds as your capital irrespective of your trading experience?
Borrowed funds are certainly good when you know 100% that you can return them within a predetermined time frame. But taking borrowed funds and trading cryptocurrencies on them is too risky for me. Of course, this can be a good solution for a pro in trading, but when you are a beginner, then borrowing funds for trading is very dangerous and dangerous because without having enough experience you have the opportunity to lose all these funds. |
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Thanks for the congratulations and the warning. Indeed, when you have money, you want to spend it, especially when it's holidays. But as practice shows, we often spend money without thinking about tomorrow, and it’s very good here that you once again reminded that in addition to today and now there will be tomorrow and other days, which means we need to properly and rationally manage our money. Thanks again for the congratulations and the warning. Merry christmas.
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Link to the news https://crypto.news/russia-to-legalize-crypto-for-international-trade/I was actually surprised by the news. We all know that trading crypto in Russia is already banned. Even p2p transactions are not allowed and there are laws against it. Thus, I think this new decision is just to avoid sanctions from USA because of their current war with Ukraine. But will this step be sufficient or fruitful ? What do you think about this ? As practice shows, the news is very often deceptive and has nothing to do with reality. However, if this news is true, then the best way is to check it out to see if it is true or not. But based on the current situation, this news may well be true, but the question still remains, what exactly will the cryptocurrency be used to pay for? I remember once they asked Putin a question about whether BTC could be used to pay for hydrocarbons or oil, to which he replied that in the future it is possible - yes, but as long as the price of BTC is too volatile, this option is not considered. So everything is simple here, cryptocurrencies can be used as a means of payment, but for this their prices must be stable. |
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What is the crypto projects in top 20 that will fail to retain their position in the next bull market? There is a saying that in every bull market new projects will take over the top 20, do you think another project can rob the positions that Avalanche, Matic, Polkadot and Solana tomorrow?
I can’t say which cryptocurrencies can leave the top 20 list in the next bullrun, but I believe that new cryptocurrencies can get into this list. Of course, the struggle for a place in the top 20 list will be strong, but we have already observed that new cryptocurrencies often come, but there are not so many of them. At the same time, we must take into account the fact that we cannot know the names of the new top 20 cryptocurrencies, as this will be hidden for as long as possible so that we do not know and cannot prepare. |
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Crypto is a perfect engine for scammers because it's still unregulated and it's also the wild west when it comes to making money quick with less efforts. .
Apart from rugpulls and influencers scam that are very famous with altcoin investment there is one particular side I want you to be much aware of.
Many altcoins you are seeing right now are build on "Make the project, promise the entire world rare utilities and never really deliver anything, they will keep using words and investors will keep hoping.
They deliver small updates only to push the price higher.
They spent hours live streaming almost everyday.
They trust hype more than anything and a finished product will ruin it.
Keep a track of your altcoins regularly and once you see the slackness in the team it's safer to switch.
Well, if we talk about being careful with altcoins, then this should probably also be attributed to Bitcoin, since the main cryptocurrency also often has a large price volatility. However, if we talk about value, then BTC is definitely the leader here, although some of the altcoins still manage to bring good profits to their holders, well, if you know when to sell and when to buy. As for the release of new altkins, yes, there is a very bad trend when altcoins are created simply to raise funds, which of course negatively affects the development of the crypto market and the attitude of the community towards it. As a result, we all have to be more careful when choosing altcoins for investment, especially when it comes to new crypto assets. I really want to believe that the situation in the crypto market will change for the better and successful altcoins will also appear on the market. |
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I have my funds locked up at binance since aroudn 2018 and password retrieval has been grueling process. I f-ing hate binance they used facial recognition which never works as part recovery and chinese customer service ppl with broken english would not help at all. As a result, I was powerless to pursue this as binance and its CEO has no set address in US and with evasive legal business locations.
With BNB being increasingly scrutinized and many users taking out funds, I am wondering if there is a opportunity to become a part of larger movement perhaps class action in order to retrieve my funds locked up there?
ANy leads on this? I
It's too bad you're in this situation. Of course, the better the protection on the platform, the more secure your funds. Binance is very good at security in this regard. However, I cannot understand why you are not able to get your funds back. Personally, I have not encountered a similar situation, but I know that the verification process associated with face recognition very often does not work well. But isn't it possible to solve this problem in another way? I always thought that Binance is a serious platform and its administration is always on the side of its users. But if you say that you have a problem and it is not being solved, then this is certainly a very bad signal. I hope that your problem will be solved and you will get access to your funds. |
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Look at world economy and people struggle with bills.
Look all that things most people not gona be fit enough to pay their bills.
Europe UK very bad situation and now when people need most credit the Banks don't give.
The solution is Simple leave fiat banks and go crypto.
Until there is no Fiat eur or GBP Stable coins we can use as central reserve Stable currency USDT.
Goverment and Banks failed so leave them and let them sink in their own mess what they created.
Crypto is only way not CBDC but btc and USDT nobody actualyy don't want anything from bankers anymore.
People Will use btc and USDT
If you disapoint once dont think people gona trust you twice. Off course dont cry or complain later If you trust them again the bankers and goverment it's ur own fault then
Business owners If they are smart knows only way they can survive is crypto.
Cash fiat currency as USD can stay becouse it's good to have USD in hands becouse we all gona use USDT Stable coins anyways.
There is logic in your words, but there is still a world system that wants to continue to exist as before. Yes, finances have collapsed, and this can be seen from the situation with high inflation. There is a solution and it is cryptocurrencies, but will the system agree? This is an open question and we will probably see a solution very soon. Of course, many now need money in order to survive in this difficult time, and cryptocurrencies could help many. |
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