Hi Arweave,

I have not received anything and I have submitted my wallet address on 21 July.

Hi, I submitted before the first batch but I didn't receive anything as of now.

Thanks Arweave team. I have created upvest account.

My wallet address:

TaKXjfbBAg1g-yLn5ziJy9R6RJfLSh0TByCmmJsrUAo

For me, these are some things that I consider as red flags:

• Overpromising. The whitepaper is trying to illustrate something that I know isn't technically possible or rewarding to the market.
• Team members trying to hype the project by having the "most" people in the telegram.
• Most important, the token metrics allow seed or pre-sale to gain x10 or no lock. That's the worst because early investors for sure will dump on listing. E.g. Perlin. I expect listing day, their friends/families will dump at first light with their super gains.
• Inactive team members. Communication with public is almost non-existent. No idea what they're working on.
• Milestones unable to achieved and delayed for months. E.g. Look at Keep. They're supposed to launch in Feb but till now no news. That's more than three months of delay. Says a lot about the team capabilities.
• Projects who reserve a lot of tokens for themselves and sold less amount in the market. Without much circulation, if demand goes up, indeed the price skyrockets. But it only benefits the team and bear in mind it's a decentralised idea, you'll need more participants. If there's so little token circulation, how will project function well?
• Greedy projects who plan on raising a lot of funds for "just another similar idea". E.g. Bankera asked for $215,900,000 and thereafter raised 70% of it. Note: if you try their products, it's nowhere near fascinating. That's why such greedy projects are red flagged.
  

Hope it helps.

Nice tips. Thanks for sharing. I must agree with you that all investors should definitely read more and get much understanding in in the concept of cryptocurrency and its underlying distributed ledger technology. Not just Blockchain, but also Directed Acyclic Graph (DAG) or the recent famous Hashgraph. These knowledge will help investors decide which will be the technology worth investing for the next few years. This is not only applicable to BTC but also altcoins in general. To be honest, bitcoin needs to solve its scalability issues as well as the high transaction fees. Together with its volatility, they make merchants less interested to adopt the currency. It will be difficult to achieve mass adoption that's much needed to make cryptocurrency useful.

For myself, I believe in altcoins more than bitcoin. This is partly because rather than using BTC, it has become more of a speculative investment where people trade, hodl and do nothing other than that. This drives price up and creates a volatile environment. With all these concerns, I don't see the utility of BTC anymore. That's dangerous. And I hope people who read this forum should (like what you suggested), get a fair idea about BTC and have a ready to learn attitude, and not simply coming here to get predictions or buying suggestions.

Last but not least, always remember 99.9% of the time people tell you this coin/token is good/bad, they're using you to their advantage. Only 0.1% actually meant good for you to benefit. Take every prediction with a pinch of salt.

First of all, thank you for your kind consideration.

My rank is: Jr Member
The merit I need to rank-up: 1

My merited posts:
https://bitcointalk.org/index.php?topic=4522043.msg40737106#msg40737106
https://bitcointalk.org/index.php?topic=4556338.msg41093161#msg41093161

Thank you.

First of all, thanks for creating this thread. I always wanted to share how stupid I was when I first started crypto investing. So that hopefully people who read about my stupidity could avoid falling into the same trap.

1. Listening to Others

Fear Of Missing Out (FOMO) is real. Super real, it's legit to the max. I remember the time when I was reading forums and reddit threads where people were talking like they knew everything in the world of crypto investing. You see people coming out with super predictions and claim they're rich to the moon by being good at trading small cap coins. They even put up screenshots. And one day they shill this small cap coin and say it's gonna be 10x and now after their "market analysis", they confirm it's undergoing some market manipulation now that "whales" are pushing down the price to accumulate more. They then end with the famous "Buy now, faster buy now or regret when it shoots to the moon after whales are done accumulating"

That's when my stupidity kicks in. Seems like the whales never really finish accumulating until today To make things worst, that was the period when ETH peak the highest, and I FOMO all in only to really regret trusting others. So my advice is: Take everything you read from the internet with a pinch of salt. If that someone is really a guru investor, he/she is probably chilling somewhere in the beach rather than showing off in the online realm. Well I won't say there's not really anyone who's talented at profiting through trade/investment but the percentage of you meeting that someone is probably very very low.

2. Wishful thinking every projects is going to the moon

When I just started, I read the whitepaper and go through their websites. The fascinating thing is that everything looks almost solid to me, the idea is cool, the design of the website, the community. But now when I look back, seems like 90% of the projects out there are pretty much doing the same thing - TPS, scalability, AI, currency, blah blah. They're all buzz words that people put together and boom. I used to think it'll be faster to get rick quick by throwing my money in every project. Diversified right? Heck no! That's not what you should be doing. To be honest, 90% of the projects out there are crap. I expect 10% to really make it.

The reason is simple. It's not always about the idea. It's about the team, how they execute their plan. Most team from what I see are just coming from a normal 8 to 5 desk bound job and then suddenly they decide to call themselves CEO, CTO and what not. I'm not trying to say they can't make it, but it's a risk I can't afford anymore. Because I was naive and went with this project which turned out to be a scam exit. Who knows? They seems totally legit until the last day. The whitepaper is there, checked. The website is pretty well done, checked. But I missed out the most important thing - the team. Apparently, this CEO guy was recruiting the "team" from upwork, more of like a freelance team. He even went out to find a reputable software team to onboard the project. But never did I know few months later the software team announced they are out of the project and the CEO went MIA with few millions in his pocket.

Well shit happens. So better be careful where you put your money in because not all projects are going to the moon. Cold hard truth that I learnt the hard way.

3. When it's time to flip, flip. When it's time to hodl, hodl.

I had a 10x project that I invested in but I was greedy so I waited and decided to hodl. Who knows many people flip it and get quick profits. If I had cashed out and moved on, I could be smiling in this bear market. But I didn't. Very soon, this 10x becomes 0.2x and I feel like crap. Sometimes, you just have to make judgement to decide if it's better to flip now or hodl on. You have to see if the team is able to deliver their promises and if the roadmap is solid and on point. If they can't get it to work for many times, move on. It's like BGR. If it doesn't work out, be a man and walk out the door. God will always open a new door for you. But having said that, remember, if you don't sell at a loss, it's still on paper. So no matter what, only invest what you can afford to lose.

Hope it helps. I wish you won't be like me and you should know never listen to others, take it with a pinch of salt, not everything is going to the moon, learn to make good judgement call, and happy investing.

First of all, thank you for this discussion and opportunity to earn merits.

I would like to start off with the definition of third party wallets. I see them as digital wallets that are created by developers who are not part of an official team of a project. Hope that brings us on the same page.

Now, the dangers of using such third party wallets that are created by a non-official team member is:

1) Data Leak

Given the recent personal data protection movement on EU GDPR, data is a very important asset nowadays. There have been many cases where personal data was misused and not properly handled, even to the extent of selling off for profit. So, when using a third party wallet, we need to be cautious what information we're actually providing to the developer. The worst case is when your password is being collected in plain text and given "voluntarily" to the developer. It may be used against you as a form of identity theft.

2) Misappropriation of funds

If you're dealing with large amount of digital money, you should most definitely choose to work with official wallets. Because third party wallets may not be who we thought they should be. What if our funds that are transferred to "our" third party wallets are re-directed to someone else's wallets. We don't know how it works behind the scenes unless the third party wallets are open-source, and we can audit the code somehow. If not, that's a risky move.

3) Compromised System

The worst that can happen is when the third party wallet is actually running some sort of malware that compromise your system and stealthily monitor your activity and every surfing habits including your digital login and transactions, then sending all that information to the developer or in this case, most likely a hacker.

There are lots of problems and risks involved when dealing with third party wallets. But, these are the three dangerous things that could ever happen to someone. Therefore, I suggest to minimise and mitigate such risks, it's better to use official wallets that the project team announced. At least, we know the team is going to take responsibility on what's going to happen.

Of course, as humans we always need to take one step further in ensuring our safety, if not who would bother helping us except ourselves? I always use a VPN whenever I'm connecting to the Internet. This protects my traffic data by encrypting it before sending out of my devices over the network. Certainly encryption can be decoded, but at least that adds another layer of protection that's better than sending plain data that attackers can sniff over a public network.

Hope it helps.

Personally I prefer spreadsheet. But that's just me. There are two popular platforms now:

1. https://bountyhive.io/
2. https://bounty0x.io/

You can also look into https://gleam.io/ if you want. Hope it helps.

i'm all in for coinmetro too. they come from a fx environment and i believe they have the relevant experience needed to build an exchange platform that is user friendly and furthermore they are looking to integrate fiat. this is greater than binance.