yes the fact is like that, in this crypto industry there is no full guarantee for you. Even in traditional investment, nothing guarantees you profit. There will be no certainty in future income, and if a project claims their tokens will become more and more expensive over time, it is very likely that they are lying. Of course, that does not mean that they are wrong, however, ensuring that everyone in the inevitable benefit is not responsible, to say the least. If you see a project that claims that your profits will grow tenfold in just six months, it's far more likely to be a good old Ponzi scheme than it really is, as seen in BitConnect.
So, no matter how this promise actually looks, if you see that the project offers you sky-high profits for literally no effort, it probably means that they want to make that profit out of you.
in essence, investing in the crypto world is almost the same as investing in real estate or other investments. the risk of loss remains and is also quite large, depending on how the project will proceed. my advice is do not be easily tempted, and I agree with you that the promise of the dev team with a profit of% after we invest and counted in large amounts, in my opinion it is indeed suspicious. especially if it's a new project because they haven't launched the token to the market exchange yet. invest safely by choosing your own based on observations we see the crypto market that currently exists, for example bitcoin, etherum, xrp, or in the list of the top 100. it will be more secure, at least you are not deceived because the coins are already on the market and clearly the capitalization. |
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I am a Newbie member, and my knowledge about this is still very low What is the difference between Bitcoin and altcoin in more detail  thanks admin Simply put, bitcoin is the main coin that was born first, while altcoin is an alternative coin that was born after the existence of bitcoin. So bitcoin is the parent of altcoin or other coins. that could be said so, but in more detail is actually bitcoin and altcoin are in the same market, and the difference is the market between bitcoin and altcoin between decentralization and centralization. although there is also a new decentralized altcoin. altcoin also issued more new projects for the development of new tokens, while bitcoin remained the biggest and highest coin on the market today without any new projects. |
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the first is etherum, specifically for etherum, I put it at number one because of the large long-term investment of etherum which will make it rise again to the moon.
2. xrp
3.xlm
4.xem
5.Doge
altcoin fourth from number 2 to 5 in my opinion has a very tactical movement and very profitable when we choose the coin for trading. for xrp, I'm also very confident about the long-term project as well.
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Over 850 millions of people use alipay as means of payment mostly in china and i heard lots about wepay as well, i come to think of it that what if bitcoin was been used in their places instead? if alipay and wepay can get to where they are today then altcoins have all the chances of survival as well. Wepay and Alipay are just online payment solution, crypto can do better.
Real use cases plus real life working products, let these two be your main focus when picking altcoins to invest your money on, do not listen to those saying 'dump altcoins for bitcoin' when you are holding solid altcoins
added it could be a way for crypto to get space in the world online as a new payment method. after that crypto will be more easily accepted. In addition, another benefit is crypto that can survive and also improve the quality or excess of the product in the market and also the real product can work well. |
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What you think more profit, participate in IEO or wait after IEO and buy the token from exchanges?
the first is participating in the ieo campaign, then investing as well. but don't buy after ieo launches the token to the market exchange, but buy before the token is launched to the market exchange. it aims to get us a discount, or at least get a cheap price during the pre-sale period. |
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As you know IEO trend is growing but i feel IEO is profitable only for those who invested in token sale but who have purchased altcoin after launched they suffer loss majority of the investors ,as the BTT and some other altcoin examples of IEO.
indeed if we understand the concept of various ico or ieo is the profit that can be obtained if we invest in the beginning or pre-sale. it aims to help the project get a lot of funds and be successful until launch. then after the launch occurs, profits are indeed difficult to obtain for investors or traders because tokens will be difficult to compete after launching. although there are also some that can last a long time, but for ico or ieo, it's better if we invest in the beginning or pre-sale. |
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the increasing number of ico scams is due to the absence of supervision at the beginning of making tokens or ico. even anyone can make it, and even for those without money. it makes the opportunity for people to raise funds from the scam project even greater and then they run away with all the money without thinking of investors who have helped their funds from the start and also the bounty hunters who help promote their projects. actually it is not only money that controls the world, but also ingenuity can make this world feel unfair. we need to be more vigilant friend.
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actually there are still good projects, it's just that the crypto market is falling, so the token exchange rate is also falling. the impact is, we call reward not in accordance with work, in fact it is appropriate if we see the tokens that we get based on the work we do in accordance with our rank as well. it's just that the exchange rate is low because the market is still falling.
so stop blaming the project team completely for failing to penetrate market competition. but some are not paying at all, well that's actually a scam.
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As binance is by far the best exchange with liquidity without a doubt
It has no deposit fee for btc
But withdrawing is 0.0005 btc which is kinda big there
Any other exchange with low Deposit/withdrawal fee that you can suggest?
bitforex, but if there is an exchange that is free of fees surely it will be more interesting. but in my opinion it's not there, because of that fee the exchanger can survive. |
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I have seen many exchanges have launched their own token like Binance with BNB, Idex with IDEX, Hotbit with HTB, Yobit with YO etc. where exchanges use their own tokens as another way to pay fees to support token. In addition to it, different strategies are used to create a hype like decrease in supply etc.
But if an exchange goes through a hard period of time and shuts downs then ultimately that token will come to its end because there is no community other than that exchange supporting the token simply because it has no usage outside the exchange.
According to me exchanges should promote the usage of their coins/tokens outside the exchange to build a community in support of it. If your community consists of huge individual entities who believe you then a great community can be formed. Otherwise lack of applications would lead these things to disaster.
it has been thought about in advance by the community, how tokens do not die after launching into the market exchange and continue to be used outside the exchangers themselves. I have an idea, that state electricity payments use tokens, so the estimated electricity costs remain to fiat, then the way to pay is to buy tokens in accordance with the fiat estimate to the electricity costs. if anyone agrees with my idea, I will be happy to discuss with you, and let's make this project with the launch of a new token specifically for electricity payments. |
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So far this year , a lot of scams have occurred in the crypto sphere ranging from projects scamming investors and as well as projects not paying hunters for their works.
What do you think can be done to counter this ill manner behaviors that has been painting cryptocurency bad?
they are able to walk because they are supported by investors. in my opinion right now it is best to be more vigilant before investing because more and more project teams are running away after the funds are collected. if you do not get funds from investors, the project will never run, that is the simple logic. because we all also know that the world of crypto has no legal basis. |
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in fact it is a very big risk because if the team fails to manage the funds obtained from the crowdfunding, it will actually have fatal consequences and even get to the legal channels.
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I know binance is the most popular exchange, but binance and other exchanges such as okex, huobi, ...and others forced you to hold their token to participate in IEO, so i list exchanges do not forced you to buy token.
What you think about this exchanges, do you suggest it?
If you do not suggest it, or think it is not good let me know the reason?
lattoken
probit
lbank
p2pb2b
coineal
vindax
exmarket
Finexbox
Sistemkoin
This what i know, you also can add exchange not forced you to buy token not listed here.
Some of this exchanges i use it, and some of it i did not.
not intended to judge bad, but I think of all the list I have not been interested. bugs still occur (when I sign up), but I don't know for now. bitforex in my opinion is good. |
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Hi! Everyone
What do you think is best methods to increase your Altcoin.
Invest in ICO?
Trading?
Hold?
Others?
hold will be a favorite choice for people who are new and also people who do not dare to take risks by buying and then long-term items. for investing in ico, the biggest risk is when the team scams and does not proceed token to the process of launching to market exchange. |
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the current crisis is because of the failure of dev critics to develop their coins and projects. people will definitely get bored with the same situation as this and not develop at all, so it only plays on crypto values only. it makes a significant decline in crypto enthusiasts and prices will be difficult to go back up and stable. that's just my analysis in person, maybe there are still many other things that make a crisis like this.
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The best thing is you can save all the keystore files, private keys in a safe place. If you save them on your computer, keep in touch with your computer security.
yes, if storing it on a computer and the computer is still protected by security, I think the keystore remains safe. if not because of his carelessness, the keystore will never disappear, I think this is a very simple problem. |
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how do you boycott? a number of ico scams, carrying away funds that have been collected, tokens are not released, prices are below standard, is it already guaranteed or at least an agreement before launching ico to the public between the team and the attorney? no, so there is no legal force capable of punishing scammers. an alternative step is to never help one ico, even though it's good. after that there will definitely be a big change in their system.
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this is a topic that sounds a little funny. why are you worrying about that? even as long as we live, our crypto will always run out if prices rise. and if the market is falling, we don't even care to buy anything in crypto.
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For Bounty Hunters
Even if i advice you not to give up on doing researches on every proje ts before promoting them this doesn't mean they wont scam you or waste your precious time BUT still the only question you need to ask is, Are there bounties that pays hunter good rewards this year? YES they are very few and good projects take time, Do not expect good projects every months cos its impossible
For Investors
ICO and STO are no go side, stay away from them because they are almost all red flags, IEO is here for you and all you have to do is go to binance for any new upcoming IEO fund raising, you will get positive results
I will only underline for bounty hunter. it's true that not all projects end well and positively, and not necessarily every month, it's true and I also agree to that. I even have one more question, not whether the payment is high, but do the projects actually pay? it is also not yet a guarantee. especially now coupled with the market situation that has not yet risen. it also affects the process of listing tokens to the market. |
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is it possible that the prize manager and the entire project crew including the developer, they work together and deliberately promote fraudulent projects?
I see how easy they are to erase red trust and promote fraudulent projects repeatedly?
Is this what is called a camouflage manager?
of course, I also have experience with one deceptive project. The bounty manager said one of the teams had run off with the money and the participants didn't get any reward at all. do they work together? maybe yes, maybe not. if so, surely the money is divided and how is there a reason to hide it all. another one, the reason of the bounty manager is that the market continues to fall and the team doesn't want to launch tokens to the market and eventually the project dies. |
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