Latest posts of: upyem2k

The most reigning form of scamming is not less of ICO/IEO related. Most of them are now come in form of airdrop. They conduct an airdrop and inform the participants to pay a certain amount of ETH as gas fees for the airdrop earnings to be sent. They all end up in nothing but scam.
The best way to avoid being scammed is to check one's greed towards making unrealistic earnings.

There is nothing one can do beyond moving on and stop making the same mistake over and over again. We were all in 2018 of cryptocurrency dooms in both bearish market and scams, and here we still are at the moment.

I don't see any point in this issue of KYC because despite it, there are still series of scams that it does not prevent. KYC is nothing but a useless collection of people's data which can allow easy theft of their identity.

KYC actually does not allow anonymous and untraceable transactions as blockchain technology is concerned. Although, the KYC becomes necessary to avoid money laundering and sponsorship of terrorism through cryptocurrency payment that is untraceable.

Until there is a standard regulatory body regulating the cryptocurrency projects and investments, these devs and CEOs will keep having their ways scamming the populace of cryptocurrency investors and going scot free.

The main reason why this can happen is if series of illegality and multiple participation or cheat is discovered. This is believed by the project team that it can lead to dumping which in turn bring the token price down.

This is great but in the aspects of working for a cryptocurrency company, that will be for only those that already have an indepth knowledge about cryptocurrency technology.

Investing in such is not risky. What is risky is you, not doing your research assignment properly on the token you want to invest in before you forge ahead. You should read their whitepapers, their team and check the background of the ream members and their authenticity.

You said most of it all. Asia is the most populous world continent and the level of illiteracy is a bit low. This is where the easy access to the internet makes them easily get knowledge of blockchain technology and what it represents.

I doubt if there could be any shitcoin to hold. What makes it shit is what happen to its price and value during the time it was being held. Buying more and holding holding of such coin or token is a financial suicide.

I believe there are still many more good projects. Those I currently believe in are TLS STO, Silica Nexus Droid token and Quube exchange. What they all propose are great but there are many others that aren't that good. Most project come up with lots of goodies in presentations but when it comes to making results, they turn out to be either failure or scam.

I am actually desperately in your club on this. A lot of coins we thought would be great are now shit. What really pains the most is that their prices are now over 95% below their prices when I decided to hodl them.

A joke you said. Or a scam. And I think this post should have been very much welcome if it is posted to politics and society section.

To sell or hodl depends on the token or coin concerned. The level of development and the product involved. You can't be holding a token that has no rapid development and product and expect it not to flop in no time.

That is not a new thing in ICO projects back in the days. Although, there are lots of managers who are deceived as well as the bounty hunters just to get to the real investors.

Five hundred dollars isn't too small for an investment in cryptocurrency. That is about 3 Ethereums. But investing in altcoins may not be a wise decision as no token has been doing good in price above the IEO/ICO prices.

I have seen many of these games and they are as legit as legit itself. Silica Nexus even recently completed a blockchain where such games can be bought and sold will the use of droid token.