How do you survive in the current market situation? If the bounty project is no longer profitable, what do you do now?
I am currently studying the process of trading on exchanges. Read more and choose books on trade. I trade in small quantities so as not to risk it. My choice is proven and well-known exchanges. After analyzing, I try to trade coins with good liquidity and volatility.
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In case you are late to this party and don’t yet know what staking is, staking is essentially the hoarding of cryptocurrencies. It's when individuals hold their crypto assets in wallets rather than using them for transactions. While this may sound counterintuitive, it appears to be the next step for crypto, and it is becoming increasingly more popular. Here is everything you need to know about staking and why it is becoming more popular: https://e-cryptonews.com/how-staking-is-the-next-step-in-crypto/ Are you staking your crypto assets? Yes, I put my assets in staking. Now it is on many platforms and wallets. In particular, in my Atomic wallet, there are several cryptocurrencies and they are in staking. Another good plus from airdrops, if you keep on balance the right amount of different coins. Although a small income from this, it is better than just keeping the coins on balance.
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I'm just trying to do my part, I know many won't care and some don't even bother to read anymore, they are just here for bounties, here is for those who cares about reading and learning.
Stay away from the following exchanges, I have bad experience with them already and I can still see few people getting caught in same trap
1. Vindax 2. Systemkoin 3. P2PB2B 4. Latoken
Not just for fake volumes and watched trade but scams, lose of funds, swapping of withdrawal addresses, you name it, have a great day
Of all these exchanges, I sold tokens, only on P2PB2B. Then he withdrew ETH from there and there was a big commission compared to other exchanges. I did not come across others, but I would like to ask what exactly was the problem? For example with the Latoken exchange.
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A professional trader, one who has a license to directly trade on the exchange. This is not a private fan, and in order to become one you need to gain experience in trading and understand all the nuances of this business. This is a lot of work and desire, and then you will achieve your goal.
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I used to look at ratings and choose a bounty. But then I realized that this does not work. Because companies with a high rating did not even go public. I think it’s better to look for information yourself and draw conclusions.
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At the moment, only trading on the exchange, brings a small income. I do not risk and do not trade large assets. I try to be consistent, first analysis, then buying coins and then selling, when I see that I am winning.
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as a project investor you must be wiser before investing in a project and will never open your wallet for any project without thinking about it 10 times or even 20 times. At that time or precisely in 2017, almost all ICOs were seen as potentially profitable companies and people assumed that there would never be an end to the boom that occurred in the entire cryptocurrency market. And then reality struck.
Today, the landscape has changed a lot and those who are burning leave the market completely or they continue but with a different mindset emerging from an unforgettable and sometimes regrettable experience. Investors demand more information and they want to be given real facts only because of the inclusion of the IEO project in a leading exchange. In 2019, it might be rather difficult to distinguish trends in knowing which types of projects might be a big success because there are many factors that need to be considered, but we hope that above all investors are more mature, more demanding and more discriminatory. Once again consider before investing in a project and don't give bait to the scamers out there!
In my opinion, an investor is a mindset mixed with qualities such as luck and intuition. I saw people who invested in a project that, by all estimates, was doomed to failure, but they used their inner voice and won in a hopeless cause. I think that a very important point is the possession of information, and wisdom is for traders with extensive experience.
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Hello friends, I want to know whether it is right to join bounties? I have seen many threads where people say that your account should be kept clean. Does the bounty task (Reporting) spoil posting history? Actually, I want to rank up my account and do some earning, Is it possible both can be done?
Please help me with this what should I do?
In my opinion, here the question is different. How exactly do you want to earn? There are several options for making money. If you do not want, as you say, clutter up your account, then engage in trading. And communicate in the section on this topic. And if you want to promote bounty projects, then try to choose and then everything will work out. Although now, it is getting harder.
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To say the future coin Tron in my opinion is not quite right because they have to fight with EOS as a platform that is widely used in gambling projects and games, but if that's what you believe it's not wrong. But I personally haven't seen Tron as a coin that needs to be stocked for investment
I will not say that Tron is worse or better than other coins. I will say that he has fast transactions and the coin is used in the gaming system. Personally, it’s convenient for me that I play on a gaming platform and with this coin I just buy game tokens. I play different favorite games. I think the potential is very good.
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Hello
Recently I started looking into new projects as I have some free time and I'm wondering what do you guys look at when you are deciding which altcoin to buy and hold.
Do you know any projects that you believe has a bright future?
I hear a lot of people complaining that they bought coins that were either dead in a few weeks or the project was pointless. I would like to avoid such situations.
Thank you in advance.
Speaking of coins from the top 100 list, there is a good site that gives an estimate of the value of coins. You can watch a specific point in time and understand how a coin behaves in the time interval of your choice. Analyze and invest. The choice is yours in which coin to invest. Convenient site for analysis: https://cryptobubbles.net/
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Let's see what happens. Exchanges are certainly not the best. There have already been many casino-based bounties. And which I did, although they sent tokens, but they are useless. The statement about fees is not true.
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Even well-known platforms make bounties and do not pay. Last year, I made a bounty exchange OOOBTC. Now I can’t even visit their site. And this is just one example.
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