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currently the scamers are focused on the Defi program, there have been many cases of fraud on the Defi project and of course this will continue. I think scamers are all around us so be careful in making decisions whether it's joining the bounty program or investing in Defi. always consider and do thorough research.
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if you are wise, then invest your money in bitcoin as well as gold. this is the right decision in my opinion. gold and bitcoin are both profitable, gold has a once a year selling point but bitcoin can happen at any time and is unexpected.
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#PROOF OF REGISTRATION Bitcointalk username: Magnum cyber Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1143005Participated in Campaigns: Participate in event: Telegram Campaign / Telegram Ambassador Campaign Telegram Username: @Magnumbit Ethereum wallet : 0x041490617A4649ab1a502F2AC60020A366252003 |
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Coins die because they have neither utility and nor the interest of investors for profit. Even though we talk so much about use of cryptocurrency, the real utility and real life use of cryptocurrencies are very limited. Most of the interest and trade of crypto occurs for potential profit making. It's not that manipulate investors are destroying crypto but in reality there are just a few real dedicated utility crypto and every other are dishearten approach to make money.
yes I agree with you. that's the reason investors are now wiser and won't put their money in projects that don't thrive. On the one hand, projects that are difficult to develop are usually because there is no market demand and will then be abandoned by the developer. There are many such coins and have been abandoned by their developers. |
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consistency
they would be of no use if they were inconsistent. There have been many projects in the past that had experienced teams, great advisors, large funds, and good concepts. but in the end it's all useless. when the development was running for several years all did not fit the roadmap. there are even such as dead projects, all because they are not consistent in project development.
True, consistent in carrying out duties each team is main thing so that the project remains alive and growing, but there are more important points so that the project can develop, it must have a trusted team, if the team is not trusted I think their project will be difficult to develop, because investors will not be interested in investing. It is true. but the interest of investors does not only depend on the team, but on what products they make, how many partners are joining them, how much funds have been raised for development, and the most important thing is their performance. but I'm not saying that trust doesn't matter. |
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Airdrops is not the same as before, most of the airdrops nowadays is scam and will require their participants to send a few amount of payment to receive the free drop which will not have any value at all. In short, participants will be paying for the token that is useless and nothing to expect even after a few months of waiting for it to have a value.
for now, I have never been on airdrops anymore, and the reason is that currently quite a lot of airdrops have ended up being scams. However, I suggest that for people who want to participate in airdrops, they should still selectively choose the airdrops that are offered, because at this time it is quite difficult to distinguish between good and bad airdrops. besides that, I saw that there were many defi airdrop scams especially with a series of Yf tokens and so on. I think anyone who likes or follows the airdrops program needs to be reconsidered so that your time is not wasted just hoping for a scam airdrops coin. |
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DEfi is not something new, DeFi has been widely used at ethereum launch,
Tron launch, and several other platforms, but the hype is made this year,
of course DeFi will be an interesting program forever.
Yes, hopefully it can be an interesting program forever on DeFi, only I see a lot of project developers very easily use the name DeFi but they don't apply the real DeFi system in new projects, this is what makes DeFi sometimes seen from a different side not good. Although the concept of DEFI has positive value for the crytoqurrency industry,but the problem is that most of the current project scams are Defi based. This is an important point that you need to understand why someone loses a lot of money because of Defi, loses trust after the fraud occurs and I hope the defi hype will end soon. |
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but at least it's not bad because YOUC tokens still have a selling price even though in this one month the price has decreased significantly. The YOUC project experienced massive dumping by bounty participants and investors. maybe the team needs to find another solution to attract more market thrill or at least get a price back.
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You can set your fees before sending I don't think fee will be a big problem in BTC. Since you can see the fees you need to be paid before sending transactions.
And for bch if you are early supporters of that currency you are still at lost right now. So I cannot suggest to buy or use it as alternative to Bitcoin and in terms of use cases bch is too far from BTC.
Yeah true, as a fork coin, bch didnt show any significant use case. I didnt have any interest on forkcoin that just add some name behind the coint that forked. yes,somehow I personally don't like fork coins either, I mean BCH coins. although it is generated from Bitcoin itself, I prefer the original BTC coin. From the past until now I thought that the fork coin would not be able to outperform the original coin, so why not take the original coin? than with the branch coins? |
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Defi is currently becoming a new investment trend but deceives its victims a lot. Many kinds of new defi nowadays even like old projects are now being revived or even projects that failed last year are now using the Defi trend as their new startup project.
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if it is related to transaction speed then you can add TRX. even the cost is cheap. I don't know the speed details but I like TRX because it is cheap and fast compared to ETH nowadays it is very expensive and the transactions are also slow.
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It is clear, to avoid things that are not desired, bounty managers must hide the email of each participant. I personally also use new emails every time I join a campaign to avoid negative things. Usually people sneak into Gmail addresses for some kind of breakthrough notification about airdrops.
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If you recently traded LTC then it's not the fault of LTC's price, because in the last few days LTC's price hasn't dropped dramatically and is still steady at $ 80.So, the question is where do you trade? It looks like the place you trade with has high interest rates.
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Yes, almost my close friends experienced the same thing when eth 2.0 was released, there were someone scamers who tried to contact via telegram PM even had time to talk via cellphone communication. and luckily my friend is not that stupid giving them money.
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I think it is better to enjoy this ride, this is the first major move by Bitcoin this year, that got people talking, the most important think for people to realize is that they need to pay themselves, if you are looking to catch the top then good luck to you.
yes, I also agree with you that it is better to enjoy what is happening in the crypto market at the moment, especially with the significant increase in bitcoin price making most crypto enthusiasts expect a surprise at the end of this year. who knows the increase in bitcoin in 2017 can be repeated this year. |
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Greed and unable to control emotions are one of the main reasons why a person can easily experience losses in investment, and there are several other factors such as lack of knowledge about investing, lack of project research and unable to manage financial management properly.
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until now bitcoin is still in the top ranking and still dominates the cryptoqurrency market, even today I haven't seen any altcoins that can replace bitcoin, so in my opinion it's not easy for new altcoins to replace the current domination of the crypto market.
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I don't really trust active telergam groups because most of the members in them are usually paid members who are intentionally invited to enliven the project group, convince clients and to attract more of the crypto community.
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It's not as easy as you might think, although engaging in crypto or investing based on green signals doesn't mean you will win, there will be times when you experience failure and success in investing in crypto. the most important thing in investing is that you can manage your finances well and are not greedy. and of course there are many other suggestions that you need to understand about the risks of investing in crypto.
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There are two main reasons whether it is insufficient ICO funds for further project development or there is a deliberate factor if the project stops suddenly or is often called ICO scams, investor funds are taken away by the project developer itself. so don't be surprised if you see a project stop suddenly.
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