Latest posts of: forexandcryptoauditor

I remember when ETH was at $79. And just missed that opportunity Grin

. I think we should keep investing in short installments so to get good returns. For the long term this way, sure we will get desired returns as we keep averaging it. Particularly for ETH, even though ICOs are dead, still I see the huge demand for dApps for ETH platform and that may continue for the long term.

Quote from: harizen on August 04, 2020, 10:05:47 PM

Is this the project you are talking about?

https://coinmarketcap.com/currencies/agrocoin
https://www.coingecko.com/en/coins/bitagro

- The website is not updated. Still showing their ICO status and supposed roadmaps.
- Telegram Channel is not updated (last post-2019 about the delay of the bounty reward)
- No active Telegram Group/Community
- Inactive Twitter handle
- Inactive Facebook handle
- No trading volume so I don't know where you see its current price

Given that, I think the project is a total failure and you have to move on.

Yes. This is the one. But I am wondering how the trading is ongoing since last one year. They have their contacts and team details but no one responds. Just thought to share and gather some information if there is any chance to receive something.

I don't see the possibility by end of this year. As per the chart patterns and further technical analysis, if XRP sustains above $0.32 then possible next moves are $0.37, $0.45, and then $0.50. We may see some corrections after that. If bull run continues, we can see it near to $1 but probably next year.

I think the only way to find a legit project is to be with the community and to check the updates happening around for its development. It is for sure that the scam project's duration is shorter and they try to prove themselves within that period. Any long term vision project can be identified by attending its seminars or AMA sessions. AMA really brings us near to the team and the opportunity to know more about the project and team.

It is been more than a year now. Many bounty hunters participated in BitAgro's project bounty managed by MKH Bounty manager. I still see the AGRO coin trading on exchanges like AltemX, ExMarkets, Jewex and Waves DEX at around $0.06. As it continues trading for the last one year, we can not call it a scam project. What I feel that project has turned back and not given rewards to any bounty hunter. There is no response from the project side via email or other media.
Just want to know if there is someone who also participated and awaiting bounty payment and there is any way to get it.

Unfortunately, I did not come across such scenarios in my bounty life. But you are correct. We should not leave their telegram channel or any announcement medium as we do not know when new updates will come which can affect our investment in that project. Many perform swapping and if investors are not aware of it, they completely lose their money.
I am awaiting two project bounties which will be very late. BURN tokens. The latest update is that payment is after 6 months after bounty ended. Hope it will not get extended again. Second I am awaiting from Juiice. 18 months after the end of their IEO Roll Eyes

Not sure if the project itself will exist for 18 months. Wink

Decentralized finance! at the moment most hyped concept. Since this is still an initial stage for such projects(genuine), we can have at least some confidence in it. As many projects will fall into this concept, it will behave like other hyped projects. From my point of view, we have a good opportunity to invest in DeFi projects at this stage. Of course, our own research is required before that.

When it comes to tokenization, there are so many ideas as with current various industries. It's now just like opening a digital business. The widespread and future sustainability will only be dependent on what utility is getting represented by that coin or token. Since these new projects token or coin's utility is limited and many more competitors are out there, it is very difficult for the survival of these projects in the long run. I have kept the topic of scams outside of my opinion.

You are right. If bounty managers use ESCROW, bounty hunters will be confident working on bounty campaigns. Otherwise, there is no guarantee to receive payments as mentioned in the initial stages of bounty. However, if the project fails or not able to raise enough funds, there is no help with this escrow. I think ESCROW in ETH or BTC will work 100% for bounty hunters Grin

I think wise people do exactly the opposite. When we say people sell at low prices, this can only happen if there are buyers available for that quantities which are getting sold. And same for buying at higher levels. From my point of view, we should avoid a one-time investment and keep buying monthly or quarterly in equal quantities o average the price which can bring very good returns down the line a few months or years.

As in one of the thread mentioned, ETH has now touched $400 mark. Fundamentals look bullish at the moment for ETH. If the rally continues, we may see ETH to touch around $500 or $600 soon. Also after that level, strong corrections are expected.

Regarding Buschcoin project, the bounty ended a few months ago but still spreadsheet not updated. There is no response from the bounty manager as well as from the team about the further processing of spreadsheet updates and distribution. I think this project is not up to the mark. This is just my observation. If possible remove it from the list.

I fear, the country I live in may ban all cryptocurrencies. Not sure what will happen then to my assets. Another factor is having regulations and how much we can have from it. Also, have the fear of getting scammed or losing the price of the coin more than 90%.
Having said so, I am also optimistic on assets I am holding and someday price may reach near bitcoin value

I think we need to apply systematic investment approach for investment in cryptocurrencies as well. With this periodically we need to invest some amount say monthly or quarterly instead of investing lumpsum amount.
When the market goes up we say it is a good time to invest but I think its always good time to invest because if we consider it for long term, we surely get good gains out of it.
From my perspective, market will continue to rally for a few more days and then we may see a 10-20 % correction in it.