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Well, I agree 100% with you. There is no free money and everything have something we have to do in return. Unless we won a jackpot in gambling, or lottery, receiving a huge amount from an easy method is too good to be true. I am not saying they are fraudulent but I am sure there is something there that we need to do in order to get those rewards.
Fraudulent are those investment that offers us a huge sum of money in return such as HYIP, Ponzi referral scheme, Multi level pyramiding scheme , etc. It is best to do our own research before venturing to any of these offers.
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#PROOF OF REGISTRATION
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Entirely ICO is not a scam but they got no value after that hype ends now the same going with Defi as well and I do expect the same thing will happen with these projects.Potential of these projects are only short term gains and for aure most of them will become scam as well.
Defi is a huge attraction of the market. Currently many people are interested in investing in Defi. Because investing in DeFI projects is making a huge profit. However, many people are suffering by investing in blockchain for some time. But they invested in the wrong project. When people are more inclined towards investment sites. But those started in 2017. But it was good. Since 2017, some fake projects have started. In 2017 scamming was more. The amount was further increased. So I think everyone is having a good time at Defi or blockchain. |
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As we all have seen ripple has been quite strong these past few days and with all that it has done over the past months compared to most other currencies and the launch of xrapid is actually starting to show in its price.
There is so much talk about ripple taking over bitcoin and being 10$ what are your thoughts on this?
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If we visit CoinMarketCap and Coingecko or other exchanges, we can see that ETH is in the second position. However, the position of any coin can be exceeded. But it can't be as popular as ETH. Because ETH controls the entire ETH supported token. ETH controls the whole system so its importance is immense. A lot can be imagined from the imagination. But many things are not possible in reality. So I support eth all the time.
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I think you do not understand the context of my message, I reiterate once again that crypto currency is all about hodling. What matters is when you hodl, and when you trade which is equilvalent to the potentials you stated.
We are on the same lane.
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After much speculation the value of bitcoin has been $12,000. Bitcoin is currently priced at $12,000. Bitcoin has actually been able to show that bitcoin is the king of the crypto world. As the price of bitcoin has risen, so have the prices of other cryptocurrencies. Ethereum, Litecoin etc coin prices have risen. What is going to happen in the market. What do you think about all this cryptocurrency? Let's discuss in detail.
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I have the same feeling on new projects but it is all because most of them will eventually fail because they are just here for the money and not really serious in offering something new or innovative, many are just copy-cats of what we already have, and I am sure the people behind them are just here to make themselves rich as soon as possible so that when problems come in they immediately just hide in the mountain and thereby left the projects die on itself. However, from time to time we can see a good project that really shine and make it through the trials and errors. Finding which will make it can be so difficult.
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It was already months that Bitcoin has been struggling to reach the next level ($10,000). There is no a clear sign that Bitcoin continues rising up or declining its price in the near future. Now, some altcoins can increase their prices more than Bitcoin. Some people stated that it may be the bullish time for altcoins. While others still doubted it, and they claimed it is only about temporary pump done by whales. Well, what do you think about this, guys?
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all can make predictions and cannot be blamed for doing that because no one will be harmed by their predictions. although maybe the person who made the prediction is a person who is famous in the field of crypto, even though he could have made a wrong prediction and will not guarantee it can be true.
what is needed is the analysis itself because it determines where and what we will do, all the information is sufficient as a guide in helping to carry out further analysis.
get used to being able to analyze every token movement that we might be holding, because the need to analyze is pretty much available and we just need to determine what we will use to be the basis of analysis.
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#Proof of Joined
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