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NO good thing ever comes easily , just like building any other business , creating and developing a crypto project takes time . But yes , some investors find it difficult waiting for the project.
Although in some cases developers do divert funds collected during fundraising to something else instead of focusing on the development of the project at hand.
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In my opinion , any investment done without due research into the project is a wrong investment . Some people FOMO and invest and some invest just because others are investing. Again putting all your eggs in one basket is a wrong investment . Diversification is the advised while investing.
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Well it depends on the project , due to the recent actions of developers to bounty hunters. all things being equal , i would prefer project token but because the value has the tendency of increasing . But with the recent happenings where team use hunters to shill their token sales and the raise a huge some of money but make sure they dump the price before distributing tokens to bounty hunters, for this reason i will prefer payment in stable coins.
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There are a lot of fake news out there luring people and scamming them , take for instance what happened yesterday on twitter a lot of gullible people fell for it . How could one ever fall for that trash of sending 1 btc and getting 2 btc ? anyone who cares to give back to the society genuinely wont ask you to send money first to his account . we need to be more careful about fake news.
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I think the main reason project developers initiate a trading competition is to increase liquidity of such tokens. I got engaged in a trading competition once but didn't win any prize. someone won a huge amount . But i have also witnessed a trading competition and at the end it didn't increase the price of the token .
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There are so many wallets out there supporting Erc20 based tokens , in the wallet you have different erc20 tokens with different addresses. Trust wallet supports ethereum based tokens, imtoken, myetherwallet , coinomi, Atomic wallet and alot of others the mobile Apps are on google play store and App store. Go and check them out and download anyone of your choice . I use imtoken.
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May be its actually a season for Altcoin to moon , most of us have been waiting for this time expecting this moon . At that there are still alot of other Altcoins still below our entry point .crypto market is so unpredictable .
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i have witnessed more countries and companies accepting cryptocurrency as means of payment recently so i think the era of mass adoption is actually close by . Moreover , the features of blockchain Technology is worth adopting in different sectors of the global economy so i expect more adoption soon.
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Yes this is true some developers who have conscience will still pay bounty hunters who promoted their project nomatter how long the project takes to succeed. i did one bounty July last year and payment came may this year and it was worth the wait.
Thanks to some sincere developers who recognize the time and resources invested by bounty hunters in carrying out their tasks.
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Deflationary token or project would have been a good one for investment , the only problem i have seen with these kind of projects is that alot of developers now claim to create deflationary token with a bad intention of scamming investors who prefer to invest in these projects. Apart from that i am not seeing any problem with deflationary token.
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well i have not actually participated in the Defi projects but one thing seems to be sure scammer are watching and waiting to move in and deal with investors same way they did in 2017 when we rushed to invest in different ICOs.
i remember how i and my Friends wouldn't miss one ICO and different forms of scam projects were later introduced. while we made some money from the few good ICOs the scam ICOs later took all from us. As you invest in Defi projects be watchful.
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NO all hope is not lost , as a matter of fact the crypto world is getting bigger by the day . i know before sounding this pessimistic you must have lost a lot of money in cyrpto investment or trading . it happened to alot of us too but giving up hope is not an option to be considered at all.
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