The fact is projects that are going to be successful will never boost about the success until it's done, I've seen many projects promising investors high ROI but they died a painful death in the end, stay away from any projects that guarantees their success because there is no guarantee in crypto space
now some crypto projects even look quite promising but of course we should be able to see the experiences that have happened in the crypto world, where 2017 there were many projects that had potential in the future but died amidst their development because of the hype that occurs in the crypto world often changes every year so that we cannot determine if a crypto project that is successful in their sales will be able to survive in the future, so it is better for us traders to prefer altcoins or coins which already have a large community in today's crypto world like BNB , eth and bitcoin as a means of investment. |
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Most of the people invest in crypto just to make a profit and they don't even care what the project is offering. My advice is not to gamble, but to be concerned before investing. It is very natural actually because most of the new investors don't study before investing and it is a very dangerous thing to do. There are so many scams around and really need to do research before investing. So my opinion also goes with do not invest in DeFi projects that are just Defi, make sure the DeFi project you pick has better utilities.
many investors are trapped with greed nowadays so that only the losses they get, right as you say, if the purpose of investing is big profits, but we also do not deny that now fraudulent project developers often become big profits as their lure to get investors , I think it's better to investigate a project that offers unreasonable benefits because otherwise it could harm us, especially now that it seems like the Defi project is starting to be used as a means of fraud by irresponsible people. |
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I am not a big fan of XRP but i will not call them a scam but it was an experiment and the product was successful as it was able to attract investors which was evident when the price started rallying and when you hear a verdict by the SEC you cannot come to a conclusion that it was a scam as majority of the projects in existence was an experiment of some sorts.
In this case I agree with you that in fact XRP is not a coin scam, but the current demands of the SEC seem clear that the two CEOs of Ripple, Larsen and Garlinghouse, are storing and selling unregistered private XRP for a total of around US $ 600 million and of course This violates securities regulations and in the SEC lawsuit says that Ripple has raised more than US $ 1.3 billion through digital asset securities offerings and it is these many scandals that will make XRP sink faster. |
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Recently, XRP has been looking like tough days as more and more exchanges are delisting XRP due to these issues. Yup, whether this is only temporary or forever. But what is certain is that this condition will certainly not be good. In addition, the price is getting worse. But here it is different, many XRP holders still hold fast and believe that XRP can get through this, both with the developer or not. what about the XRP community itself?
the main reason for the decline in current XRP prices is serious demands from the SEC and of course this has put XRP holders in a very big shock and we can see how now the trading market is starting to take steps to stop even removing XRP from their list of coins and coinbase looks like it will being a trading market doing that on January 15th they're going to wipe out XRP completely and I think XRP will sink in and just become history. |
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This is very common with bounties nowadays, as a bounty hunter be expecting such from time to time, it's inescapable unless you decide to quit bounty hunting, could be a different story if altcoin season is here but let's wait and see, 2017 was a great year for hunters because of altcoin season
It seems that right now it is very difficult to identify a fraudulent bounty project that continues to occur in the forum, I also think that if the fraud that occurs will be very difficult to stop and of course many bounter hunters will be harmed, even if the altcoin season comes of course this will continue to make projects project fraud continues to grow like mushrooms in the rainy season. |
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currently, the bitcoin market will continue in experience price corrections until the turn of the year, even so now is still a good time to buy bitcoin and other alt coins. Bitcoin price movements are still uncertain in the last two weeks and it looks like $20,000, is a zone that is quite difficult for bitcoin to penetrate at this time and $18,400, is the main support (lower limit) of bitcoin price, if in the future bitcoin is able to break the $20,000 price resistance limits, of course bitcoin will continue experienced bull run to be able to reach the highest price record for bitcoin so far.
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There are several important factors that caused the bullish bitcoin some time ago, The Office of The Comptroller of the Currency (OCC) in the United States which has allowed banks in the US to hold crypto assets, and of course this has triggered an increase in demand for various crypto assets, such as Bitcoin in the United States and also other countries, Then there are large companies such as paypal that started to adopt bitcoin and we know that paypal is the largest cross-country digital payment intermediary company, now paypay has allowed users to buy, sell and store crypto assets on its platform (paypal), so that also triggers an increase in demand bitcoin which ultimately pushed up the price of bitcoin in the market.
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Being an analyst is not quite an easy thing to do even though it doesn't seem to require hard work but believe me if not all traders are able to read price movements in the market because there are many things that need to be considered by an analyst before making a decision to trade so those traders who have the ability to analyze charts can certainly find out the direction of trends, market sentiment, and key levels that are the limits of important price movements in the market.
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I think the bullish rally is still ongoing and far from over.
because if we look at the chart on the market today it shows an increase and is likely to continue until 2021 and if you are lucky, of course you can return all your daughter savings that you have invested in the market, in my opinion your intention is good enough to be able. take advantage of your daughter's savings but what you are doing is too risky by risking your daughter's savings because you could lose money and if that happens it will definitely disappoint your daughter.
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As long as I am familiar with crypto investing, I have participated in several ICO, but not in the coins you mentioned in thread, I also still hold several ICO coins such as helbiz, moneytoken, swissborg and several other ICO tokens that do not have current prices , and in my opinion many old project projects have been abandoned by the team so that many of the ICO projects have died and have no development at all and as a result, the ICO tokens have no price in market and only become trash in the personal wallets of investors and traders.
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Scams are very present in each business, each field of life so yes they exist in crypto market also.
You can't do much on the grounds that occasionally strong looking projects likewise leave scam so it is matter of karma as well, we can just manage our responsibility by close due research before investment and afterward stand by how it goes up to be.
Basically, investing in ICO and IEO has its advantages and disadvantages. so that before we invest in either an ICO or an IEO, it is better for us to validate the project first such as the project idea and the background of the people involved as a team of the project so that we can see the positive or negative track records of them so far nowadays, there are lots of blockchain projects that have sprung up on the internet and they are trying to attract us as investors in raising funds for their projects through ICOs and IEOs, of course the potential for project scams / fraud can occur so that it will make us suffer losses if we are not careful in choose an investment project. |
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By themselves, airdrops are good as a way to make yourself known to projects that are not yet well known. They allow you to increase the number of their followers without resorting to high costs while promoting their coin to the masses. But due to a large number of fraud, they are losing their relevance.
maybe now the airdrop has lost the trust of many of its participants and of course that's a natural thing because many people have experienced fraud by many airdrop developers before, the impact now is that even a good airdrop is suspected of being an aidrop which is indicated as fraud and the reality is now These airdrop participants are no longer as many as before. I personally think that now airdrops are no longer a good way for developers to introduce their tokens and it is time for token developers to find the right way to restore the crypto community's trust in the token tokens they develop. |
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The current correction is just a gift for those who did not have time to buy altcoins. Personally, I am now actively buying ripple and ether. After the end of the correction, they will begin to grow the most.
buy as much ETH if possible.I am holding a lot of ETH too now is the right time to buy as much ETH and XRP as possible because the market is currently getting better, like XRP which will be holding an event in the near future, ETH will also start launching Ethereum 2.0 in a few weeks, of course with 2 This big event will greatly affect the price of the two altcoins in the market, both ETH and XRP are currently in a quite positive trend. |
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I think there are many reasons that could make the XRP price go up, one of which is that it is seen from the conditions of a busy exchange place and the increasing price of bitcoin can have a good impact on XRP prices, especially now that XRP will have a good event.
In the past month, the price of XRP has jumped more than 90%. This crypto asset manages to take the moment and go along with Bitcoin (BTC) and Ether (ETH). There are many things that might be the cause of the XRP rally in the market today and it seems that the main cause of the soaring XRP price is the flare / snapshot network on several major exchanges, Ripple buybacks, and the possibility of a new product launch that has been initiated by XRP developers for some time. However, the most compelling reason right now that is the reason for the increase in XRP prices in my opinion is the Snapshot event or network flare which will be taking place soon. |
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It looks like it is true that 2021 will have something interesting in cryptocurrencies,
if you look at why Libra was launched in 2021, of course this makes me wonder,
if 2021 is altcoin season then this is amazing.
If the launch of Libra happens on time (January), of course it will have a positive impact on the development of cryptocurrencies in the future because we all know that Facebook is one of the largest social media platforms and has millions of users around the world, but I've read an article if the launch of Libra is subject to approval for the operation of the payment services system by the Swiss Financial Market Supervisory Authority, so it could be canceled / postponed again if it does not get permission from the relevant authorities. |
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The investors invest to project so the team would be able to continue their project and if they will just allocate it to bounty hunters they will waste a huge pile of money since let's face the fact that some of them have multiple accounts, the social media accounts they have doesn't have really good friends most of them are bots or friends or followers that are not cryptocurrency related.
In any case, a normal project should initially budget a certain amount of money for advertising. But they use the cryptocurrency they receive from ICO investors to pay their salaries, and they distribute their tokens, which have no price, to bounty hunters. Like airdrop, currently there are very few bounties that can provide large income for the participants, and even many of the current bounties do not pay their participants at all when their project is finished, even though we also cannot blame the bounty manager for the occurrence this is because indeed it has become a risk for us bounty participants, and it looks like bounties and airdrops are currently only a tool for developers to get profits / money from investors, so that, in the end developers no longer care about the development of the project after getting money from their sale. |
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now the price of Ripple has experienced a quite high increase from the previous price but the current pump price of ripple in my opinion is only a temporary impact due to the next year's xrp snapshot, and I think xrp will be difficult to reach prices above $ 1 before and after the snapshot happened, for me personally the increase in the price of xrp which reached $ 0.6 alone is very grateful because from the existing experience xrp is one of the hardest altcoins to experience pump prices in the market, to be honest I have a little xrp in my wallet and i hold it almost 8 months and finally now I can let go, it is not fun if your money is stuck long enough in a crypto.
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Who can tell，i think it's best not to think about the question that nobody knows. Enjoying this Bull, work hard and make as more as possible from it. But remember, dont be greedy, if you get the profit you want then you can walk away.
currently bitcoin price is slightly bearish and some altcoins are also experiencing the same thing in the market but still the bullrun will return if bitcoin gets positive sentiment back in the market, I think this bullrun will continue for the next few months if bitcoin can break resistance again price in the market, as a trader it is certainly more fun to enjoy the existing bullrun while continuing to trade and hold several crypto assets than just predicting the future of bitcoin and the market without doing anything at all. |
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Ethereum was the number two coin in the cryptocurrency world,but now to much interesting projects on the cryptocurrency market,They look like same positions.so eth strong project and position is second to many user but not king.
Even though its position is ranked second as the most popular cryptocurrency, of course this is not a factor that ethereum will be rivaled with other altcoins, as far as I remember in 2018, only riplle was the only altcoin that was able to shift ethereum's position in second crypto after bitcoin, but at that time it was only riplle while only occupying the second position after then ethereum managed to regain its position until now, in general bitcoin is the king of all existing cryptos, but in particular, of course, the king of altcoin is ethereum which currently has a very large market capitalization and even its current position it will be very difficult to replace by other altcoins. |
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