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The TON has now disappointed many investors. I have heard talk that they themselves have contributed to the commencement of proceedings against them. They did this because they do not have time with the development of their blockchain and testing its security.
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Honestly most of the altcoins do not worth our investment when we look deep into the projects, but this doesn't mean there are no good altcoins to hold for long term. Ethereum for instance is one altcoin I believe greatly in the project vision. Some tokens in my wallet, after holding for long, the price went down to negligible values and some are even extinct. Bottom line is, holding altcoins isn't bad entirely but be careful with what you hold for long term to avoid regrets.
People invest in various unreliable altcoins because they promise huge opportunities to increase capital. Investing in Ethereum is certainly more reliable, but it does not allow you to increase your money by 10-20 times. That's why people believe the promises of new projects. |
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Most people who got scammed at investing in crypto is because they often to see people who are really successful from crypto and want to follow their track record.
But they don't know what is cryptocurrency about, if someone ask them to invest in a project with a "crypto" appendage they will just instantly join it.
The problem of such people is that they want to earn a lot of money at once, without the desire to learn to do it and without the desire to earn a little bit. That's why they trust scammers who promise huge earnings almost from scratch. People need to learn to be more modest and earn a little. |
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is it possible that the prize manager and the entire project crew including the developer, they work together and deliberately promote fraudulent projects?
I see how easy they are to erase red trust and promote fraudulent projects repeatedly?
Is this what is called a camouflage manager?
Of course it is possible and there are many such projects. Take a look at the section of the forum dedicated to accusations of fraud, see how there are many projects that are prepared from scratch by people to deceive investors and bounty hunters. Therefore, before participating in an investment or bounty campaign, you need to study the project team very carefully. |
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Where ever you keep your private keys, it is fine, just don't keep it on online storage like email or cloud or something.
Keep your private keys stored offline, and encrypt it with password. With this way, even if there is someone steal your files contains private keys,
they will need time to brute force the encrypted files.
And even better to store these encrypted files on removable media, then hackers will not be able to get to it if they break into your computer. Another storage option is an old computer or laptop that does not have a physical Internet connection. |
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ICOs and IEOs investors, are only rich on investment dashboard of such project. Real value is determined by forces of demand and supply when listed on exchange. Only traders know what they're getting into by their calculations of risk and profit margin which fails most times.
In fact, the price of tokens announced during the ICO by the developers of the project is only their imagination. The real price of the token becomes clear only when the token begins traded on the cryptocurrency market. And in this case, it can both grow in relation to the price named by the developers, and fall in price several times. |
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I am not interested at all in buying or investing libra, because the rumors that spread libra are stable coins. so isn't that useless.
however libra works with many big companies there is a possibility that many promotions will be given to users.
maybe I will buy Libra if the promotion is really profitable.
Now investing in Libra is very risky because it has many claims from the us authorities. In any case, they will completely ban the Libra and all investors will lose their money, which no one will return to anyone, because it is written in the investment agreement. |
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Waiting altseason when is come true with altcoin higher price and more dominance than bitcoin, Altcoin price not still lower and bitcoin still dominance than altcoin and make investor many invest with bitcoin than we buy or invest with altcoin, usually altcoin season always at the end of years and we are waiting with altcoin season.
There was no altseason at the end of 2018, and it could also happen at the end of 2019. Altseason suit manipulators and for them the main thing is to arrange the growth of altcoins when it is least expected. Therefore, there is every chance that before the end of this year there will be no altseason. |
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Things why a person can easily get scammed in crypto-world
1. Greed
2. No knowledge about the project
3. Trust
This are the three main reason why they get easily scam
Greed, because there are a lot of promise by the campaign and the developer we easily believe that its true
investing a lot of money in the project that is garbage.
No knowledge also is the second reason because of the trend they just go and invest without any knowledge of the said project
Trust because they trust the people in the project which sometimes pretends that the person is a member of the project
they can easily decieved that once they invest , they will soon find out that the person is just impersonating , and not really
what all expected.
Most people want to make good money and do not apply any effort. Therefore, the more profit a new project promises, the more people decide to invest in it. The possible large profit closes people's eyes and they stop studying information about the project, thereby falling into the hands of scammers. |
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I was out for a while and also every time I trade I always set an alarm so that I can make sure that I don't lose a lot, I always set a limit of what% I will lose and win, it prevents you from acting stupid, greedy, and no targets.
people who just keep a few coins usually hold for a long time even after losing 30% of their assets and hope it will improve even though that is not necessarily the case.
In order to worry less and do not constantly check your bets on the exchanges, you need to trade where it is possible to set stop orders. This option allows you to not worry about losing money and stay calm all the time. |
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well, recently i read some article,and then, i am quite surprised about it. because Vitalik Buterin and Joesph Lubin says ethereum blockchain was never designed for scalability. firstly i think, it's just ridiculous statement. but well, since we know exactly what happened on ethreum blockchain, i guess that statement have some true point. they maybe never think before, ethereum will have tremendous popularity in the crypto industry. oh yeah , this their statement. well, any thoughts ? I have a sufficient amount of Ethereum on my accounts and I also hope that with the release of updates, the price of this coin will grow greatly, and I will be able to earn some money. As time goes on, I have less faith in it, but I have nothing to do but wait and hope. |
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Investing with many altcoin kinds maybe less profit because our money put in multi altcoin kinds, but when we use our investment only for one altcoin when price up we can take much profit but have faced big risk because when price down our money lost all because just invest with one altcoin kinds different if invest with many altcoin.
That is why it is better not to split your money, and it is better to invest it in Bitcoins or Ethereum. By the way Ethereum in the near future will switch to a new way of mining and most likely will seriously increase in price. Therefore, it makes sense to buy Ethereum for long-term investments. |
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I was planning to join the campaign, i asked one already join more than one, the answer is choked me,
Although the project not bad, he received only $6.8 after worked for 6 weeks is it fair? Is it normal?
What you think?
Relax. There are many such companies. You have to hope that you earn a lot of money and plan to spend it on good things. In this case, you will be lucky and you will be in each company to earn well. The main thing is to sincerely believe it. |
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I also lost confidence in the ico token. very difficult to grow and increase in exchange.
This is not a matter of dev and marketing techniques, I think all altcoins are in a fall position with no exception of new tokens that require large communities and new investors.
we have to wait for alt season and bitcoin dominance decreases.
You can wait for the season of altcoins, and you can not wait. You understand that the season of altcoins will not start so quickly and you need to look for what you can earn. Of course, you can not make money on coins that have small trading volumes, because they are useless. I usually trade coins with large volumes and with good liquidity. |
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An IEO does not guarantee the legitimacy of a project. As an investor it is still your responsibility to read through the whitepaper, check the illegibility of the team ng gauge whether the project has an intention to feliver a good product or service in the future before supporting and investing on it.
I am sure that whatever the exchange did not hold IEO it will not allow to participate frankly fraudulent projects and if you do not get a big profit, then at least you can return your money. However, it is still better to participate in IEO only on large and well-known exchanges. |
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I think I won't be alone when I say I've failed at long-term investing. All altcoins that I bought at the end of 2017 and the first half of 2018 only fell in price and none of them grew during long-term storage. Therefore, I made conclusions and began to invest only for a short time.
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Everytime there are coins that are being advertise we get excited
we make rumors and lots of noise without knowing it forst hand
we are just excited about the bounty , and sharing links to others
to make lots of refferal and bonus
but at the end of the campaign after we found out its a bust we then release are sentiments toward it, how it fails and the campaign
I think we should understand that everything are not perfect and we should be willing to move on after it , instead of wasting time and hate over the project this should be what we should do
I've been through many projects. There were good projects on my way that brought me money, but there were also bad projects on which I did not earn anything but only lost either my time or my money. However, I agree with you, it is not necessary to despair because of failures, but it is necessary to learn lessons and continue your work further. We as sappers on a minefield, only after as are trapped on landmine we not die and become stronger. |
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ico is not completely dead yet, because there are still many developers who launched the ICO project in this forum. but I see now many investors who prefer to invest in IEO large exchanges and investor confidence has collapsed because ICO always produces junk tokens and many of them end up with fraud.
Have you seen many successful ICO projects recently? Personally, I have not met a single successful ICO in the last six months. All of them collect only a small part of the required amount of investment. This suggests that the era of ICO is over and it is time for projects to move to new ways of collecting investment. |
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