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In order to identify whether a crypto project is a scam or not, you need to first check the team members and the road map of the project. Scam projects do not have realistic road map. Their road map do not show pattern in relation to the possible outline of the project and specific targets needed to be achieved within a specific time range.
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Its very sad that such a big platform like blockchain.com will make users to provide their identity for just $25 XLM. For me, I will not provide my details for even 1 million worth of any crypto coin. You can't really tell what they will be using your details for.
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Well for me, a perfect bounty in my view is a bounty campaign that pays bounty hunters on a weekly bases and the coin or token is already a tradable on various exchange platform. With such bounty projects, they already have working products and the entire crypto ecosystem is kinda aware of the existence of the project.
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People are also making thousands of dollars from trading which is making them rich. If you don't have good plans or strategies for trading, you might lose huge sum of capital within seconds. I will strongly suggest that you develop investment plans and strategies before investing in any crypto coin.
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It is too early to come to a conclusion that IEO's are much effective than ICOs. IEO has been in action for just some few months now comparing to ICO which had been in operation for years now, you can't stand on just these few months to rate the progress. IEO has a long way to go before we can somehow say that its quiet effective than ICO...
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The altcoin market is a very slow market and it is greatly influenced by Bitcoin. In as much that an increase in Bitcoin's price does not really automatically affect that of the altcoin market does not specifically mean that Bitcoin has no influence on altcoins. The raise in altcoin market is very slow and the bitcoin influences altcoins in a smaller margin.
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Ethereum and litecoin are currently the best crypto coins to invest in for long period of time. Both coins currently have a profit margin of about 50% for a long term hold and its risk potentials are very low comparing to other crypto coins.
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In my personal view, i don't really see any differences between ICO and IEO. IEO is just the rebranding of ICO just to make investors come back to invest in crypto projects.
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You can easily trace the transaction of your lost or stolen bitcoin but the problem is that, you can't trace and identify the identity of the person making the transactions.... In as much that bitcoin operates on a decentralized network, its quite difficult to trace the identities of people behind every transaction....
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Currently based on my personal observations and research, Japan is the most crypto friendly country. This country understands and know how relevant cryptocurrency and blockchain technology can easily transform their financial ecosystem. If all countries can see the light Japan has seen in cryptocurrency, the financial world will be a better place and simple to make all kinds of transactions.
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Its quite interesting seeing people trying to compare altcoins with Bitcoin. In as much that BNB is doing good in the crypto market, I don't really think its gonna be the next bitcoin. There is no doubt that BNB has good potential in relation to its market volume, market cap and market value but there is no way its gonna be the next bitcoin.
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I don't know why people are so interested in the garbage Trump said about cryptocurrency. Bitcoin and blockchain technology were working way before Trumps thought of contesting to become a presidential candidate. So he knows nothing about cryptocurrency and he is just sharing his ignorance. We shouldn't waste our time analyzing his statement.......
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Personally, I will only invest in any project if only the project addresses a significant problem or gaps in either the crypto space or the entire ecosystem of the world. In as much the project is a non-profit agenda if it doesn't play a specific role in the crypto ecosystem, it is not worth investing into it..
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Bitcoin is currently the hottest cryptocurrency to either invest in or trade daily in. Looking at the currently state of the crypto market, I will prefer to invest in bitcoin rather than any new project. With bitcoin, you can easily make a profit within days and withdraw your profits without having to wait for IEO or ICO to be completed as in you investing in new projects.
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Opinions are like the way we walk, everybody has his/her own unique style of walking. People are entittled to their own opinion regarding any issues they feel like addressing. But I don't think Jim Rodgers understands that blockchain technology can only function with cryptocurrency. There is no way blockchain will be able to function in its fullest capacity without cryptocurrency. Cryptocurrency is here to stay, unless blockchain technology dies.
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It is always better to do some amount of research before joining any campaign on this forum. A lot of bounty campaigns launch on this forum are scam projects. After wasting your time to promote a project, you will not receive your bounty rewards. I think is time mods on this forum screen all projects that will be launched on the forum to help prevent promotion of scam projects...
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Either ICO IEO or STO, this shouldn't be what you will rely upon to get great benefits from new projects,what makes a difference is the thing that the teams are attempting to construct ,the inquiries you should begin posing to yourselves is what innovative idea will the new project offer crypto space ? Also, how great are teams records.
Many investors are complaining that they are at lose investing in some IEO projects ,these investors believe that all IEO projects are good and should be able to double or triple their ROI which is not possible unless they actually do good research on the projects first ,lack of research will always leads investors astray
This is very true. its about time people who invest in crypto projects need to understand that, it is not fixed that you will always gain profit whenever they invest into any project. Crypto investment is currently one venture with a lot of risk potential where people are highly vulnerable of losing about 50 to 100% of their investment capital within the matter of minutes or hours. Its about time investors learn to understand this aspect of crypto investment.. |
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You don't need a crypto prophet to help you answer this. It is very obvious Ethereum is the best considering how its platform is used by most crypto projects. In terms of investment options, Ethereum is also better than BCC. Ethereum is simply the modified version of Bitcoin.
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Well, we are all entitle to your own opinions and assumptions. If you think Nano is better than Bitcoin, thus your view. All cryptocurrencies including Nano were inspired by Bitcoin and its blockchain network protocol. Majority of these coins uses bitcoin algorithm as their foundation protocol to build their blockchain network on. This simply shows that, Bitcoin is the king and no other coin can take that away ..
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I don't think Trump's tweets were the cause of the drop in the prices of most cryptocurrencies. The nature of the crypto market has no specific cause for either the drop or the raise of the prices of most cryptocurrencies. The market had been like that even before Trump thought of making a tweet about cryptocurrencies. The market is not really influenced by such speculations and FUDs..
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