To be sincere, this is a huge amount and must be handled with all carefulness. Considering the fact that risks abounds I think it is far better splitting the money across most top exchanges and selling as small as possible. No exchange is trustworthy or safe, we only try our best to play along. So split your funds across various exchanges, it's better that way.

Well this is a good news however one needs to fully understand the working principles of these countries digital currency so that one won't end up loosing all privacy etc. From another angle, this will give or throw more limelight to the crypto space and when people gets educated and finds out Bitcoin is better it will attract more growth to the crypto space. Furthermore, I think other countries will also be thinking of creating theirs because no one will like to lose out.

In as much as I find it extremely difficult to believe but I have been of the notion that keeping funds in exchanges isn't a good idea. The hack on Binance months ago shows that no exchange is safe and therefore the only place to keep our funds safe is in private wallet. Lastly, I will urge you to be careful of the way you spread news or informations like this without any legit source it doesn't spell good at all.

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Bitcointalk Username: irixo10
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In as much as I believe almost 90% of altcoins are not worthy of investing I do not believe that TRX and XLM should be in that category. Your only reason for adding them in that category is because of their giveaway or airdrop, which I don't see anything wrong with it, what of those which aren't doing Airdrop whhy aren't they performing well? The issue here isn't the airdrop but the team and if they are still working hard like before or if they are tired; and this is why most projects are lagging behind while most are performing well.

This is really true, in fact I have been victim though. Your first point is the most deadly because it preys on humans urge for quick return, carefully looking at them I see no difference between them and HYIP or Ponzi schemes. Also, in every Investment, risk abounds and any project promising otherwise have another motive, in the same way owing to the unpredictable nature of this space, assuring investors of good profit within a stipulated time spells bad for that project. However, your last point, only few projects have really succeeded in keeping that promise while a greater number used it as an opportunity to exit scam.

This is the first time am hearing such, but thinking about it, it is practically impossible else many wallets would have been compromised. Come to think of it, how long do you think it can take generating those words? I have seen backup phrase whose words kinda looks different, so in such case how can you generate other words.of such wallets. I think the algorithm for these wallets are built in such a way that no one can guess the words which makes it difficult to access any wallet without the right words. If this is actually possible, many people would have gotten involved as scammers are always hunting.

Most people came with the mindset of Ponzi, which is get rich quick as soon as possible, which is why whenever they participate in any project and it takes time to list, they will start complaining. Also, when they invest and the project gets listed and at a lower price they are always quick to judge; this is the reason I hardly tell people which projects to invest but I will be quick to educate the person on the risks involved, thereby having it in mind that patience is needed they will be wise with their Investment choices.

Yes that's true heard about some browser extensions which did that and they were reported and taken down. Also there are some which will come in the form of bitcoin mining extension once installed ends up stealing users data. Let's be careful of the extension we install, metamask has been proven to be genuine, we can stick with that or any other which is recommended; anything mining extension should not be installed.

This can be answered from different sides, first almost all projects conducts bounty and their listing totally depends on what the team wants not necessarily about being afraid of dump; some will list and still lock bounty tokens or delay the distribution, so I don't think it's all about bounty. On the other hand, from the little experience, any project finding it difficult to list shows most times that it is a scam project; in this case the team will start giving excuses as to why they are yet to list.

You are right with your analysis, but let me ask you, how many coins can you trade Tether with? In every exchange you have the highest opportunity to trade Bitcoin with whatsoever coins you want, while Tether on the other hand is only used to hedge funds, that's for traders. So apart from using Tether to hedge funds what other use does it have? How many coins can be traded with it? Just few. Till years to come, Bitcoin will remain the top and most preferred cryptocurrency.

I have seen many projects without ANN doing well and have seen most with ANN not doing well, but that doesn't mean that ANN thread isn't important. ANN is very important because it will go a long way in exposing the project in question to many investors in this space owing to its large user base. ANN will also make it possible for people to say their mind as well as contributing to the growth of the project through asking constructive questions etc. Furthermore, I would advice you to create one, then monitor it everyday to know what people feels about the project while sending the feedback to the team for more improvement.

That's true, you are right there have been many good improvements so far. Many platforms are coming up to adopt blockchain into their services of which one is Samsung and with this lead, can set other platforms into motion. Furthermore, irrespective of the fact that bitcoin is dominating this either space it still needs other Innovative altcoins such as ETH in order to create a crypto space that will accommodate all and sundry.

Yes mass adoption is increasing gradually, the only issue is, it is not growing at a fast pace. I came across a post where Samsung is already working on Implementing blockchain to their upcoming phones also I came across a News where LG is already making plans to follow suit. The reason why this mass adoption of a thing is taking time is that, most developers nowadays only care for themselves thus not caring about the project they are developing while already existing platforms outside this space are getting involved so sooner than later the mass adoption we are glamouring for will happen.

I don't see anything wrong with it either, you can use fiat to pay for any services and no one will question you then why is crypto different? Crypto is used online thus if I come across any services which can be paid with crypto and I decided to use it, I don't see anything wrong with it. Betting on the other hand is growing in this space with most platforms either having their own coin or using other cryptocurrencies therefore you can see its use is growing tremendously even in the betting Industry. So to your question, it doesn't portray the crypto space in any bad way

In my own opinion, altcoins are already where they are meant to be; that is, some altcoins are already trying their best while looking for ways to remain relevant. A good example is ETH and its anticipated POS development. On the other hand, some altcoins are already marked for death thus becoming worthless with each passing day; thus clearly shows that investors are now migrating to coins they believe will offer something in the future not those who are yet to figure out what the future holds for them. So, yes altcoins will recover but only few.

Although this can hardly be true, but let's assume it is. In this case, this is why there is need for good managers, if this should happen the manager will most likely reduce the allocation for that Campaign and channel it to other campaigns with huge participants. Also, most times, at the discretion of the team, the manager might reduce the allocation then send it back to the team, because the team might not be happy paying huge for a campaign they didn't achieve much results from. I have seen most campaigns where one of the rules indicates that, if a certain number of users or participants aren't achieved, the team or the manager will take appropriate actions.

To answer your question, there is need to come from different angles; if an IEO is done on a top exchange but the community members or public aren't welcoming it as it should be, then there is high tendency of that the IEO not be ground success. Also, talking about a shit exchange; one thing they are known for is low user base so any IEO done there might struggle to become a success, this is one of the reasons why most projects will run IEOs in two exchanges so as to increase their success rate. So in all ramifications, the exchange an IEO is taking place on matters, and also the response of the public matters as well.

You really nailed it and that's why it is good to ask some of those provocative questions before investing to ascertain the level of genuineness within that project. Also, when asking those questions be mindful of some people who are there to defend the team etc. Also, there is another point or characteristics which i would like to add and that is, "we are working on our project", many projects are using this line and the annoying thing is that, there is absolutely nothing to show for it. There are projects since last year which are yet to list nor show the community what they have done, but when asked you will give that reply.

This is really good and I believe those who finds it hard seeing anything good about the blockchain space will have a change of heart, and get involved now it's still early. The simple truth is, many platforms and huge tech companies are now getting involved because none want to be left out nor lose their users or customers to their rivals. However, this is just the beginning and with Samsung taking the lead, many will follow suit so as to always maintain their competitive advantage.