Well defi project is on the rise now and It seem to me like something that will fade aways very soon. Although they serve serious that east aid is food.
From where do you see this Defi season? If you see from an alternative and effective side, then you are not easy to say that opinion. The system will be even simple. I think, this not just about hype. Agree! DeFi projects are promising. I think they will have the ability to survive in the cryptocurrency market. The reason is that DeFi project can solve a lot of difficulties and problems of the market. Therefore, it surely will continue to appear. This is not just a hype, not only me but also a lot of people believe in that. DeFi projects show a lot of advantages that we all expect! |
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I have seen such projects in the past few years, but they don't last for too long. After a period of operation, those projects have collapsed or become scams in this market. If you want to invest in gold, it is best to invest in real gold
The same thing I have seen also! Those projects like this attracts people by using tangible assets such as gold, silver, etc. However, it can't have enough ability to grow strongly in this cryptocurrency world. In my opinion, gold-backed or fiat-backed projects only can play as a medium of exchange or store-of-value in this market (aka stable coins). They can't have too much grow because they're directly related to the changes of the real assets that back them. |
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Well it's difficult to know which are legitimate ICO and scam ICO because they can plagiarize the whitepaper, we don't know where they stolen and the team can be fake. I guess you better to avoid participating ICO if you don't have knowledge yet in crypto space.
Agree! Even some projects seem very good at first turn out to be a scam one after raising funds. Personally, I don't choose to invest in ICO under any circumstances because there are too many scam projects compared to legitimate ones. IEO can be a good alternative to invest in. For me, there is no good ICO and bad ICO anymore, I just avoid to involve in them! |
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I heard the news as well in my local news, they even include Bill Gates and other famous celebrities, and not just everything crypto-related.
Kinda scary how many fell into that kind of scam since many followers believe in their favorite celebrities.
Not to mention that there were like these as well in Youtube but except it was merely a fake channel claiming to double your ETH when you send one.
Really? That's shocking news! However, I think people with experiences will not believe in those tricks. Americans usually say "too good to be true". I don't think a lot of people with understandings, knowledge, experience about this cryptocurrency market will fall into this trick. However, there are many people who don't know about the risk of being scammed in this market, they probably will be fooled! |
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The time is ICO is over I think. Investors are not interested in ICO anymore because they already faced very bad consequences form the past few years about ICO. Why don't you try IEO? It will ensure the listing of the token. Find a project that will run their IEO in any reputable exchange and invest in that project if you find it useful. Scam project doesn't list in top exchnage.
Right! ICO is not even a choice for me right now. I refuse to join any ICO projects because I have been fooled too many times in the past. I involved in a lot of ICO scam projects that make me lost all of the faith in them. Right now, I would choose to invest in IEO projects if there's a good one. As you said, scam projects don't have the ability to list on top Exchanges, however, projects listed on top Exchanges aren't necessarily a good one! |
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It's a good thing that few bounty managers are now limiting participants for bounties but another problem I'm bounty projects are dumps, one way that bounty managers can help to avoid dump is three phase distribution, many would probably hate this but c'mon we all want good $$$ from projects we promoted right? Controlling dump this way works, what do you think? I've seen bubbalex doing this and even COVIR that plan to use bitforex to raise funds plan to distribute tokens in three phases
I think it's a good idea to control the possible dump, the 3 phased bounty payment distribution like what Cartesi project was doing, Cartesi bounty campaign is managed by Bubbalex a good and honest bounty manager and it's very approachable thats why the bounty campaign that Bubbalex managed is a big hit for us who believe in him its a go for me as long as its not a scam project. Brilliant! This is the best way to solve the problem. Limiting participants doesn't guarantee that the tokens bounty hunters receive will be worthy! Therefore, a solution to avoid price dumping like this will work and bring benefits for either developers and bounty hunters. I hope there will be more bounty managers and developers who learn this and apply it asap! |
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I'm surprised with your question. Ethereum is not scam. There may be negative news about ethereum because of scam projects and hyip using ethereum. It's better if you trade on top exchange and investing on legit projects to avoid scam. There are always risks, so make wise decisions.
It's ridiculous to say that's Etherum is a scam coin. It has been in the market long enough to gain reputation and traders as well as investors' trust. Do not let fake news affect your thoughts or decisions in the cryptocurrency market. It's dangerous to believe in that kind of news. However, being careful is not wrong, it's good to keep your eyes open. |
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I've got a news to share about shitcoins, the moment the coins that people are holding aren't surging when they want they will start calling such coins shitcoins, many called electroneum and apollo currency shitcoins last year but this year the coins start showing good signs, you don't have to make your money from Bitcoin or popular coins, you can make money from not so popular projects too, remember HEX? Haha I'm sure you guys know what I'm talking about.
Sorry to say, but shit coins are shit coins. Even if the price sky rockets, they still will be considered shit coins. Sad to see you believe that a coin isn't a trash coin if the price is high. People call them shit coins because they are probably scammy, or have nothing new to contribute other than being a clone coin. And yeah, the price of shit coins can be easily manipulated. It can't be more true! However, there are some newbie out there still call a coin as shit coin if they see it doesn't pump! Whenever you hear somebody call a coin as a shit coin. You should look into his or her knowledge, skills, and experiences about the cryptocurrency market. If an old traders tell me so, I would believe. If a newbie talk with me about shit coin, I'll do my own research before believing in it! |
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First, you have to accept that no matter what will happen don't lose hope because once you invest the risk is there. Crypto price is volatile we cannot say when it will go up and when it will go down. Second, research more about the coins that you are interested in, I will suggest investing in those coins that are in the top 20,50 and 100.. And also follow their social media accounts for the update regarding what is happening.
This is useful guys! Importantly, besides having fun, you should learn the knowledge, master skills, and gain an understanding of the market. Do not invest in the market until you believe you have enough understanding of it. If you invest when you're still unsure, it's more likely for you to lose your capital! Be wise and careful! |
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I have nothing against Ethereum but base on your question if Ethereum was able to leave again with its current 3 figure value, my answer is I don't think so, I believe that Eth price grows further but it will not leave the 3 figure level. those Jan 2018 figure was very difficult to achieve especially in our present situation that the global economy was hit badly due to the COVID19 pandemic.
Same thought! I particularly prefer to use ETH in the market and I'm amazed by the movements of the ETH projects. However, look at the reality, even the upcoming event of ETH (ETH 2.0) and the developments of DeFi can barely help ETH to reach 4 figure value. Anyway, I still choose to invest in ETH since it has the potential to pump in the upcoming months. |
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what I am experiencing right now is that it is difficult for me to obtain profits from investments and trade that I do, & is there someone here who has more effective ways for me to be able to improve my trade and investment so that I can get a profit of course, not vice versa I get is continuous loss.
Why not go for investment only? Trading is usually difficult and profit doesn’t come all the time, though there are people who are wizards in it, you just have to learn from them and be good. But if you can’t do that, then you can continue with investment. That’s the major I have been doing here, trading is something that I do once in a while, maybe when I want to trade. I buy cryptocurrencies I like, a few of them up till their prices goes up. That’s how I’m doing my thing and it is working for me. And I also I’m not in a hurry, I have other businesses doing, so cryptocurrency is a side thing and I’m not expecting quick profit. That may be suitable for you. However, a lot of people consider this is their main job that creates their main income. Therefore, they have to do daily trading to earn profits. I think when you're experiencing continuous loss, you should stop trading for a bit and start to refresh your mind. Trading with an uncleared mind can be very harmful, it affects your ability to make a clear decision! |
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Yeah it might be little but it is just an ample amount for you to learn up.On this time when you are still starting up then always consider to get some learning rather
than rushing up yourself to be profitable because this would surely in result on making more mistakes since you've been after to make profits and it is impossible
to be consistent when you are just starting up.Trading career is vast or broad and cant be learned in a short span of time.
I think $100 is just way too little for starting trading right now since a lot of stable coins have higher value than the past. We're not talking about how much should you invest in 1 transaction, it's about how much you should have to start daily trading. If you need a place to practice, there are some Exchanges that offer to practice trading with fake money. |
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Yes, technology enters our life at a tremendous speed, but unfortunately, it passes by those who still consider it crap. Do not stop developing in the world of cryptography. Stop and lose time. Time is a valuable thing. Without investing and developing yourself, you will not achieve what you have planned.
Agree! I join the cryptocurrency market because I saw its potential since the time I knew it. We have to admit that technology develops everyday and if we don't follow it, we will be left behind. I can recognize that crypto will be the future of the global payment method, therefore, I joined. The main reason is that I want to have another source of income and also I was craving to learn new knowledge. |
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Most of the hunt then were signature campaign though we dont have the high increase number signature campaign participants because of the controlled ranking even when start up increases fewer participants will be available for each campaign, it will be on choices. At those time also bounty hunters are also heavy investors, they have enough to keep and invest. The exchanges are full of both good and failing projects, if we see delist of the bad projects we could see new entry.
You're right! Signature campaigns can be a way to receive high rewards. As we know, there are a lot of bounty hunters right now in the market while the number of bounty projects doesn't increase that fast. Therefore, shared rewards aren't high anymore. However, I still do the bounty jobs because I hope for a pump in the tokens that I receive! |
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it is always nice when a company pays tokens for bounty campaigns even a long time ago (years) it is certainly a nuisance but it is always better than not receiving anything, of course the various projects can suffer many setbacks such as poor fundraising, difficulty in planning etc, but they should be honest with the bounty hunters and tell the truth loke for example: we are having difficulties but we will pay you as soon as possible...
unfortunately, it's hard to find a bounty project like that nowadays. some projects only promise and never keep before they are completely gone. however, for certain projects, it seems like it's normal. however, sometimes they delay payments to 3 months after IEO ends. You're right. I expect bounty managers and bounty projects to be honest with bounty hunters. We dedicate our work anyway, it will be fine if we know you have the hard time to pay all the rewards. We can wait. However, I really hate waiting without knowing how long should we wait and what we're waiting for. |
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The forum has already established that if a giveaway is asking private keys or deposit so you can receive their giveaway or airdrop it is definitely a scam, and people should stop hoping that they are going to receive the promised airdrop or giveaway, airdrops of old are different from the airdrops of today, airdrops of today are created by scammers, airdrops of old are coming from the real developer.
True! It's just easy as this. NO ONE in this market will ever ask you for your private keys! That's why it called "private". Just the same as another person as you for your banking password so they can transfer money to you. It's totally a scam! Don't ever provide your private key for anyone else but only you. I don't usually join giveaway events so I can't give any experiences or advice. Though, generally, when they ask for your key, it's defenitely scam! |
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It's exciting to hear your success story, due to the length of your crypto experience I can say that you really master it. Not everyone who tries to do as you do is successful. However,you give inspiration to the people who is dreaming that you can do the same way and to people who want to focus on crypto.
Yes. He is the proof of "dream comes true". In a volatile market such as the cryptocurrency market, people are more likely to lose their faith and confidence when they fail. I thought "oh man I can't be successful in this field". However, I've seen a lot of people who can accomplish things like OP and it motivated me so much! |
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We have seen that the covid19 effect on trading is both positive and negative. During the beginning of covid19, there were panic sells which drives the price down but with time the price recovered and there has been upsurge in price particularly when the government release funds to the citizens to mitigate the effect of the virus on the standard of living. This was later reported on coinbase as the numbers of people that bought bitcoin during the process increase
True! Coronavirus brings both positive and negative effects on the cryptocurrency market. I can't stand watching people say that our market isn't affected by the global pandemic. That's ridiculous. There's no market can get rid of these effects from the global economy. Everything is connected in some ways. Obviously, our cryptocurrency market is not being affected as much as other markets but it doesn't mean there's none! |
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You need to set your goals and the right attitude to achieved and complete your journey, discipline played a big role since it's the tools to make sure that you are sticking to your plans. If you properly set everything up the outcome will take you positively as no matter what will happen you are capable handling each situations that might strengthen you to continue completing your success.
True! Besides, you should learn how to do risk management. When you set your goal, always think about the worst scenario. In that way, you can set your cut-loss target! Of course, you'll do everything and try to achieve your goal. However, in bad circumstances, you need to be wise and absolutely careful to remove the risk and accept the losses! |
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