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Bitcoin has a good response in many country. Bitcoin will help those country to overcome their financial crisis and also help to built a strong economic in those countries. In central Africa country like Kenya, Zimbabwe etc taking the benefits from bitcoin through Bitpesa  . This app help them in their transaction and in many other thing also. Bitcoin mainly reduce the unemployment issue in those country by providing job in their country people.Bitcoin also provide its mining help in those country to create their own Bitcoin. With the help of Bitcoin they can buy anything from Internet. Even those thing which are not sold in their country  Wow! Well, what can we say? Bitcoin really have a great impact to our beloved countries. It helps improve our countries little by little until a big changes will come. I hope this will be a great mark for bitcoin. It will take lots of time till you can see the big changes |
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So many new exchanges nearly, how can your exchange make sure about protect the users budget?
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Can i trust on etherium project
I want to hold it for long term 5-10 years
Can i use hardware wallet (ledger or trezor)?
If that kind of time you will hold etherium i think you can realy trust etherium because so many people bilieve in this coin and he has a very huge community already arount the world. Even me and some of my friend are holding etherium also for a long term trading. ETH is one of the best coins for long-term holding. It has a good dev team, many supporters, strong community, so very safe for holding ETH, you don't have to worry your money will be gone one day. |
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I will join if that ICO has enough potential. KYC is not a big problem.
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Many people are mining Monero, so it has a lot of supporters. Monero maybe is not a profitable investment, but it's a safe investment.
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It also happens on me and it so annoying why there are such bounties that do not give rewards to the participants even they accomplished their tasks. Because of that I learned a lesson not to join bounties which had a bad conduct from the public.
Every new bounty hunters will get this experience, soon or late, haha. In the first time, none of us know how to choose a good bounty to do, we just do it because we think "oh, this campaign is good, big reward pool, limited participants, ..." |
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In my experience, Wallet is better for holding and moving altcoins, The exchanges charge high fee for moving coin between wallets.
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Hey what do you think, is it risky to buy crypto currencies that are not top 100? I mean do you have a higher chance to lose your money or not?
No, it's not. There are many good coins out of top 100, they just have small circulating supply and cheap price, like Civic, Storj, Vertcoin,... |
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There are a lot of scam projects now, but 80% too much to give ICO scam value, I more agree 50% for ICO scam, because there are a lot of ICOs out there that are nice and keep developing their project up to now
I think 50% is a reasonable rate, some ICOs are not scamming, they still grow as their Roadmap, but the price of the coin drop hard when being listed in the exchanges make the investors feel like they get scammed. |
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I've seen many users complaining about being scammed by ICO projects most of them are new investors which probably gonna be the next generation of investors in cryptocurrency industry. I've been here in the cryptocurrency industry for a year and I've invested into different projects and seen how they disappear in the thin air, so to avoid this I want to share to you my criteria on choosing the right ICO or project to invest in. This is not guaranteed but maybe in some point it may help you atleast to reduce the possibility on getting scammed by ICO's, the list below are my personal criteria how I choose Project to invest with using bitcoin or other cryptocurrency: - Check the Background of the team (If the team didn't give info about each member of the team such as name previous projects, background, etc. There's a possibility that they will just run away with your money if they didn't give info's about their team.)
- Read their whitepaper and look if it's really worth to invest with, their concept, etc. (This is important to know what the project is all about.)
- Check the Social media accounts, If you find it very interesting presentable. (Join their telegram group in order to be updated.)
- Check the Projects professionalism (How they handle users, control frauds, etc.)
- Follow their Roadmap and other technical details and see if they meet it on time.
- Look for the projects community and see if the community is active.
- Look for special proof and validation.
- Do your own research about the project such as review about the projects or you can also check the projects ANN thread to see comments who's agree/disagree or the communities idea about the project because ANN threads is like an open forum where you can ask, give insights, etc.
This topic related articles may help you feel free to check:https://www.entrepreneur.com/article/306563http://strategiccoin.com/3-ways-to-identify-an-ico-scam/https://cryptona.co/valuable-tips-to-avoid-a-ico-scam/https://blockgeeks.com/how-not-to-be-scammed-by-a-initial-coin-offering/https://medium.com/@99cryptoman/how-to-avoid-scammers-when-investing-in-ico-489cfadcb0f6https://www.cryptocompare.com/coins/guides/how-to-avoid-scam-icos/Edit:I've added this article links about different scams and how did they work so you have idea what are the different scams strategies so you can easily spot and avoid them: https://steemit.com/cryptocurrency/@veeev/scamsintheworldofcryptocurrency-rzd5dwo060https://techcrunch.com/2017/12/07/6-red-flags-of-an-ico-scam/https://blockonomi.com/exit-scam/https://coinsutra.com/cryptocurrency-scams/https://www.makeuseof.com/tag/common-cryptocurrency-scams/https://themerkle.com/top-3-types-of-bitcoin-scams/https://www.finder.com/ph/bitcoin-scams NOTE: Investment is one of the riskiest way to earn money. Invest only what you can afford to lose, in investment there's only two possible outcome it's either you will earn or you will learn. Learn from your mistakes. Just like what I've said this steps are my personal steps on choosing ICO/Projects in where I'm going to invest in. This may not help you but I hope you'll learn at least a little in my little sharing. Have great day every one, ciao. PS. If you have something to share in order to avoid scam or any topic related feel free to share so everyone will learn from us. Thank you for a great topic, It can help people who investing in ICO a lot. I just make some bonus: - Check the Background of the team: from LinkedIn, Google, do they have high experience in cryptocurrency, blockchain,... How about their last project going? Why did they abandon it? - Check the Social media accounts: is it new? do they post any important information of the project growing there? Hope you will choose a good ICO and make some profit. |
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Is NEO still worth investing in? I have my final $150 and I'm not sure if I should buy NEO or ADA
This is the right time to invest in coins like NEO. The current NEO price is around $ 40, and in the near future with a strong support line, I think it will be very expensive. Buy and Hold, I think you can see NEO going around $ 200 again in the future. Yes, 40$ is near the strong support line of NEO, It always pumps back from this support line. I'm collecting NEO around this price also, hope the bull run of BTC will last long. |
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In bull run market, invest in ICO maybe a good choice, but we are in bear market, almost ICOs get dumped hard right after listed in exchanges. If you want to invest in ICO more than trading, you should choose the best ICO
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It's time to moving out, the new era of altcoin is coming, and some old coin like LTC will be forgotten soon, people are fomo about something new like EOS
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I think that the best investment project is bitcoin. Or if there is not much capital. It is possible to invest small sums in the ethereum.
Bitcoin can be the safest project for investment, but not the best. The best one is ETH, it's both safe and profitable |
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Could thieves steal your money from the banks? No!
But can they steal your gold & silver in your house? Yes!
Can gold & silver take care the inflate? No! The bank interest rate can do that.
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The fall in price after the Ico is already becoming the norm. Only some very popular projects enter the market and make profit, all the other trades are 5-10 times lower than their real price.
I don't know why price falls so much after the coin getting listed in the exchanges, it seems like everyone panic sell to cut loss... |
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I think my best ICO investment is EOS, $5k profit till now, but I'm still holding
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I advise you to join Buddy, Money Token, Qurrex. They are all good ICOs atm.
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