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1  Other / Beginners & Help / Trading with caution on: October 14, 2018, 05:47:02 PM
 According to the dictionary trading is the activity of buying and selling or exchanging goods and services between people or countries.

Trading is a very serious business as much as you can gain you could also make losses. For beginners and newbies trading in cryptocurrency might pose as a big hurdle. There are some little precautions that can help you have a healthy trading

* it's advisable to diversify your investment. The cryptocurrency market is very volatile when for example coin A is having a pump coin B can be having a dump let's say you invest all you had on only coin B you will be headed for loss and regret. Spreading your investment amongst project is quite advisable not only in the cryptocurrency world but in so many other sectors. The future can be uncertain and unpredictable but when you have investment on more than one project you tend to increase your safety

*Investigating on the project you want to invest in.
 Whether it's bitcoin, ethereum or any initial coin offering you want to invest in its always best to do an investigation on it. There some easy step to do that
Step 1. Read the white paper
Step 2. Check your future profit outcome
Step 3. Study the team behind the project
Step 4. Notable investors that are already in the project(note this can be deceiving because some are under sponsored shilling)

* avoid the self killers FUD and FOMO.
 fear uncertainty and despair and fear of missing out has cost so many investors to head to an early investment grave. Panicking in trading is like shooting yourself on the leg. You have to have a strong believe although you do your research and observation and listen to latest update you still have to be in control of your trading.

Know your leverage.
 In investment your leverage is quite important it can increase your loss if done wrongly and increase your gains if done the right way. So having a good knowledge of your leverage is quite important.

Have a blessed trading
2  Other / Beginners & Help / Avoiding irrelevant bounties on: October 09, 2018, 03:41:43 PM
The rate at which bounties are ending up to be a complete waste of time is becoming alarming. I took it upon my self to share a little bit of some research most member already knows what to to but some are still in the wilderness about it.

* the almighty white paper.
The white paper is like a tour guide into the project it is practically the foundation of the project.  So it is damn necessary to go through the white paper a whole lot can be deciphered from the white paper you can know if its unrealistic, if it looks like a scam or if it's just a complete bad project. White paper reveals alot so if you have made your decision there is really no need to waste your effort on bad white paper project

*investigate on the team and the bounty manager.
I once saw a project managed by a newbie with only 3 activities. Not really saying that it's Gonna turn of fuckin bad but to be safe it's OK to go for bounties managed by established experienced bounty manager and also watch out for bounty organised by managers with red trust it is fuckin stated there to trade with extreme caution . Also the quality of a team tell the outcome of the bounty. A bounty organised by shitty team always turn out shitty or is a scam

*Know when to drop a shitty project. Well no one is perfect and the future is very much unpredictable even with great measures you can still fall a victim of a bad project. But the decision to drop it is up-to you. You must have the zeal to say enough is enough and save your precious time. There is really no need continuing a project that is headed for a pile of shit. You just pick yourself up and learn from it

* check your possible gains. You would not be happy if you signed up for a bounty campaign that ended up giving you peanuts. Far too many people has ended up gnashing there teeth on receiving there bounty rewards. So it quite important to do a mathematical estimation of your rewards.

keep away from bounties with set measure of coins/tokens as remuneration. Well there may be a few special cases, if the set reward is sufficiently high, yet there is an issue of creators knowing precisely the amount they will pay you. In any case, in the event that you run with the course of stakes, you are probably going to get considerably higher reward. In the event that the creators will give 100 000$ for interpretation abundance, and you wind up being just 1 of 20 members in this ICO, your reward would be considerably higher than, suppose, reward of 60 000 tokens worth 0,01$ each.

Add up to coin supply will let you know, how could the coin/token develop after the posting. Coins with extremely high aggregate supply will msot likely drop like and apple on Newton's head in the wake of posting. So endeavor to partake in the bounties of ICOs with low aggregate coin supply.

Check the spreadsheet before going in, if there are as of now 1 zillion individuals liste for the abundance you are intrigued it, it may be past the point where it is possible to amass enough stakes for you and you would get just a little reward. Additionally check the spreadsheet even subsequent to pariticipating frequently and separate the aggregate abundance with effectively given out stakes and increase it by your stakes. Tally if this ICO is still pleasantly benefitting one, or on the off chance that it just turned into an unprofitable engagement

I wish you a great bounty hunting
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