I think it is possible and I think that because the BNB is backed by the best exchange so far, which can use the fees to drive the price up as they please, and they have their own blockchain, as well as the bnb coin is deflationary.
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The ones you call shitcoins are not doing that good right now. Thus I have decided to lay off of them and invest in promising projects that have at least slightly brighter future, and that are listed on best exchanges.
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Bounty can be quite profitable if the project you are working is a good project, and a bounty manager that is not a scammer. If these two are good, it can be profitable if you participate in more than one campaign. So yeah, it can be quite profitable.
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In the bear market times, I think everyone should accumulate coins of projects that have a good track record i.e. proven not to be scams and that have good credibility. The coins that I am purchasing are mostly going to be listed on Binance.
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I think the problem in your case is that someon has manged to stea or clone your simcard information and managed to reset tje authenticator as the firs thing they do is send you an email and send you a phone message.
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What I learned is that the more you read about a certain project the harder it gets to invest. Particularly if you are new to the crypt space and do not understand the essentials. Basically, the more you learn the less you know.
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I do not see any problems purchasing with Bitcoin, however what I see as a problem is getting Bitcoin as it is very expensive for regular people. I think if someone has Bitcoin he should hold it for at least 10 years.
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If I had the amount you are talking about I would invest it all in Polkadot DOT as I see this has potential to be the next Ethereum, it just has not gotten there yet. In my opinion by 2025 this coin will be wort at least 500 USD.
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I do not think that people who of not have sufficient funds at the moment can afford to invest a lot, particularly at this time, as the one famous saying goes, invest only the capital you are ready to lose. So, invest little by little until the next bull run, sell high and hopefully buy low.
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Although I would not suggest it, you can buy it in a number of known exchanges such as Binance, if you are thinking of buying from Centralized exchanges. However, if you are thinking of buying from Decentralized exchanges, you can get through Trust Wallet with BNB.
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It all depends For instance there are many factors to consider when joining bounties,as the bounty token price may be overprice, or project overrated, or the bounty manager is not sincere, and end up not giving zip, so it has something to do with a little bit of luck.
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I think that one should do quite a comprehensive study before investing as there are so many good projects and not so much money. My advice is that you should invest in coins that are listed on great exchanges, as they do quite a bit of research before signing a coin.
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One thing for newbies to remember if it is not an obvious bull run remember there will always be another chance coming around either for selling or buying. So it is crucial to be patient. Be patient. This is experience talk not some will guessing.
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I actually agree with you. I am also done trying to find that 100x on my own as I think it is nearly impossible. I am just going to follow smart people and follow coins on good exchanges like Binance and hope for the best.
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Honestly, I think that prices are down compared to where they were months ago. But they are still expensive in my opinion. I think I am going to wait for the real crypto winter and then load up on all projects with proven track record.
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I cannot speak for all of them. But the one I used on Kucoinom has only brought me losses and was going to got zero holdings had I not stopped it. Conclusion. Not trying the bot ever again!
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Absolutely not. I have been purchasing crypto for almost five years now and have never had any problems with them, and they treat my transactions like any other online purchase
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Well...there are many reasons for this...people in the government ad the banking sector do not want crypto to succed as it disrupts their system. While people in the crypto space want to drive the price down.
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I think NFTs are kinda weird as most of the big name sellers are initially known people that usually come from US or some other known country, as no matter how good your NFTs are, the chances of success are slim to none.
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I do not think so, and the lesson learned from the LUNA failure is that we can all learn that one is not to invest all your money into one coin, but to disperse it into other promising coins as a safety measure, in case one or some decide to fail.
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