I observed that cryptocurrency has upgrading by different type of hype that suits for it in any given time. But now the new crypto trend is the NFT hype and i guess this develops many of the cryptocurrency altcoins that some of it could've be a great to invest with a good platform and investment strategies for investments.
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For me, crypto transactions made depends if it's illegal or not. Speaking of legal ways, i think normal transactions through buy and sell or trades are legit and legal if the two sides transact knowingly what they do for a transaction, but if someone's account is hacked, the transactions made could be illegal.
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Binance takes a pace to a better one since it upgrades its platform into a smart chain. Just like ethereum coin, it also made its own pace of crypto market exchange auch that it could be a very good investment platform in their own exchange. I think it would be going better for investment just like ethereum and make its price grow bigger.
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#PROOF OF REGISTRATION Bitcointalk Username: ansarose1 Current Post count : 1052 Merit earned in last 120 days : 0 ETH Wallet Address: 0xAc1Af55f706496A457A42626F120d5bC9f6fE686
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I started to hear about cryptocurrency way back 2012, i doubt about it in such a way that it could give profits. However, when bitcoin comes to fame in the year 2017, it gives good positive vibes for me to enter into cryptocurrency. Then i started trading and patiently wait for my first earning, then i also enter bounty hunting for extra income. It changed my life even for good.
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Both are the best in terms of productivity and fame. The same two coins that has gained the most valuable price of cryptocurrency in crypto market. Also the two said coins has the most volume coins ranking 1st and 2nd. However, you decide what to choose for investments, both has the potential and very good for long term holdings.
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Demise of bitcoin is not possible in this time since bitcoin now is very valuable in the crypto market. Rather it would remain top coin and be always number one in the market out of all altcoins bitcoin would ahead of those all of altcoins. In terms of replacing bitcoin, it is very hard for any altcoin to replace bitcoin since it has developed further than any other coin. Bitcoin is the king of cryptocurrency and is difficult to replace with.
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I don't think so, although everything could be possible in cryptocurrency, it is so hard to tell that cardano would overthrow ethereum coin. Since bitcoin now becomes more famous, some says ethereum 2.0 version makes market crazy, it is difficult for cardano coin to overthrow ethereum even for a couple of years. But that's only my perception, it could be true and also it could be wrong if cardano would overtake ethereum in the future.
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Although it could be early to tell that binance smart chain could be the next ethereum, i think it could since it has a potential that de-fi brought and since it has the new trends now that has its own capabilities, i say that it can be the new ethereum because many crypto enthusiasts would use this type of crypto since ut has also a low cost transactions and furthermore it's volume would increase. But it is only my idea, we have different perspective and no one knows exactly what would be happening in the long run.
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I am one of those who bought and fill my bags with a good chip. I've waited for my favorite alt which is ethereum to boost up and lucky that i have earn a big profit. I also plan to fill my bags some of the trending alts now like SHREW, WPP and COOP Network, i have feeling for some of these alts to also boom in the near future. But i think it is necessary to study first their platforms.
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There are so may altcoins to tell whether it is bad timing for alts or not. But i say it is good time since several of altcoins got rise their market price value maybe because of the ethereum coin or the altcoin king that pulls their prices up since it has boomed in this year. But if you plan to invest in some altcoin, be sure to choose the altcoin whether it is under good development that gives you profit in the long run.
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Yes you're right. Escrowed funds for a bounty project gives important to the project and many participants would join since the rewards are safe in the first place, but this is only if the team of the project recommends it to the bounty manager before the starting of the bounty and i guess it gives confidence for those who participate to earn their rewards. Because sometimes, not escrowed bounty could end up not giving rewards, because the team may not be responsive sometime whenever fails.
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I think it is necessary to research about that altcoin and the team staffs involved on the said altcoin project. The project would be scam if the team has no transparency such that, the team is fake and the members are fraudsters that uses plagiarized whitepaper. That is only i think for a concrete scam project. So if the team staffs are fake people and are fraudsters, mark them whenever they build another project its a scam thing again for sure.
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Airdrop are commonly used nowadays to have them many followers in their social media accounts such as facebook, twitter, LinkedIn, instagram and even in telegram communities. This are the main reason why airdrops were maid and majority of this airdrops aren't anymore legit and doesn't gives rewards in he long run. But there are also legit and its rare during this times. So we should join airdrop campaigns that are inly handled by trusted managers and teams.
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For me, i only hodl coins that are top in the market exchange. I hodl coins like ETH, XRP, and also new tokens that has a good productivity and has a potential to grow their project platform in the long run. Since hodl is a critical move to invest if we don't have trust on what we hodl and afraid that the coin we hodl wouldn't give us profit in the long run.
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This is common strategy for fraudsters doing in joining a campaign. They would likely to join telegram campaign and social media campaign such that they will copy other's social media profiles and put their eth address with their own. I hope bounty managers can stop and banned these people for being fraud and stealing others work on social media profiles. They only want to be rewarded for the work of others.
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I think one thing is for sure if someone is still loosing money in cryptocurrency investments, it's a lack of research upon doing what is and what's that throughout his investment. He doesn't know any single thing on what he's going to invest such that he only chooses coins or alts that he hopes it could give him a good profit in the future, then in the long run it cannot give him any profit and by that he tries another opportunity similar to that. Repeating cycle to lose for investment.
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Speaking about long term investments and holding for about half year, i would advise you to just keep investing on top coins to be sure you won't regret and meet your profit in the long run. Top coins such as BTC, ETH, BNB, and XRP are surely to gain profit with, since this year is such a great year for such top coins.
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