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Getting into the hype of B**Connect. Silly me knew in the back of my mind but figured what the heck and tried it out. Made most my money back thankfully unlike alot of others but now very picky with what I invest in.
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I agree with most, only real way would be to join bountys. Ensure you have a good Instagram, Twitter, facebook following to qualify for as much as you can.
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To detect scam you basically have to think like a scammer. So what will a typical scammer do? Try to find 1.Unclear concept of the project 2.Last-minute website or a purchased one even without changes in design 3.Fictive and incompetent team 4.No feedback or a vast number of fake comments and profiles 5.Bad community and troubles with bonuses
do your research before connecting with that projects.
Great guidelines. Most of the time, these scam projects dont have a real world purpose or some dont even mention what they do. Alot talk about ROI but not much else. Always research and only invest if you feel confident.
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Cardano, DeepOnion, Ncash
Big projects that have a purpose.
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With people panic selling, it shows how young cryptos are. Everyone looking to get rich quick and freak when the markets heads south. Newbies need to only invest what they can afford to lose and ride the markets out.
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I like to look at crypto as a long term holding. Ultimately you need to just walk away from it for a while. Constantly watching the market will do more harm than good.
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Just hold and leave it alone for a while. Stress less and give it some time. You will come out on top
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Stay and forget for a while. No need to be watching it like a hawk. Walk away and come back in say 6 months. Live life
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Sounds like fear mongering to cause a dump so he can buy in cheaper.
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The market will develop and grow. Not all coins will make it but cryptos aren't going anywhere.
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You dont need to give up, you just need to look into the coin and its purpose. Alot of these coins sprook about ROI but give no of the coins real world use. And then you need to look at the bountys and how much time you need to put in for these coins, if its a waste of time.
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ADA, Tokenpay, Deeponion Or new coin Aegeus based on PIVX
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I dont believe all alts are a scam. I'm not naive to think that there arnt any. The biggest thing that needs to be looked at is real world use case for the coin. does it have a purpose? alot of these coins that talk about ROI rather than actually have a purpose, i simply look as scam coins so try avoid. If i am wrong on the occasion i take it and move on with life. Too many masternode coins that all talk about ROI's rather than use.
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Will Doge be around in the future = Yes Will you make any money = No
Its just one of those things, more gimmick than real purpose.
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ADA i believe is a long term alt coin that will remain strong. I also like the look of TokenPay and seeing the potential with buying into banks and joining with Charlie Lee all seems positive. but this is just my opinion.
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I'm very bullish on Cardano, but as many have said diversity is going to be key.
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The market needed a healthy correction, but long term it will still move in an upward trend. Cryptos are still in its infancy stage. only invest what you'd be willing to loose. Sit back and watch it take over the world.
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You need to research the projects. Everyone wants to make a profit but it needs a good base. ADA is one i believe will be around for a long time.
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Bounty's are a way of advertising, that's all. Getting the project name out there and rewarding the individuals that help. You do have to careful what bounties you join. Research the company itself to ensure your promoting a decent project and also what's required by you to become involved. Some are great and some expect a lot and payout very little.
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Like an idiot, getting involved in the hype of Bitconnect. Glad I only invested a small amount and got most back before it crashed. Never join things following just hype. I've become a lot smarter and wiser since then. A lot ore research is done now.
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