Scam projects is a major factor militating against the progress of cryptocurrency adoption, until there is a law and strategy than can ensure investors security, scammers will not stop the act.
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Bitcoin is a cryptocurrency coin that can be trusted base on the fundamentals behind it, it has withstand several negative waves against it existence over the years, with the upcoming halving in 2020, the fear of its scarcity will pull up the price overtime, there is a possibility of a bull run to $32,000 before may 2020
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To prevent fraud we must ensure we avoid hasty decision, research, think, observe before investing into a project or platform, also ensure you do not fill your details into unknown and unverify source. Prevent your personal data with upto date antivirus.
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my strategy is to follow news and report relative to the project, this tend to determine when I will sell or buy into the project, lots of traders trade when they observe a new coin on an exchange, this is seems like a betting strategy, I trade part of my stake ones there is a 50% profit on my capital.
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Several project has done that in time past, they can be trusted if they have good and experience team, also when they follow the road map set, early investors can trust them, therefore to reinvest and also invite or encourage new investors will be easy.
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It is a relative issue, to several country, for me I tell my bank am a real estate personall, with that they do not question the amount that come into my account, My country is a developing nation that do not check into details of individual . But for a country like UK, where all citizen are monitor, to play safe inform the appropriate sector ahead, to avoid being charge.
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My guiding rule in CRYPTO trading are listed below 1. Take profit at every stage, base on set target, do not wait for unrealistic bull run. 2. Daily and constant research about token am holding per time, in order to ensure I take advantage of every opportunity 3. I re invest myprofit on viable token and take profit from such for personal up keep.
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The cryptocurrency space is powered or fuel through the internet, I doubt the possibility of an offline transaction of cryptocurrency, as we have several scammers in the space this day, you must ensure you secure your portfolio in order to avoid been scam, I feel there is realy no demand for an offline CRYPTO transaction.
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All forms of investment involve a form of risk, No risk No gain, Engaging in Bitcoin has a level of risk, but worth the risk, as it is not a bubble,ponzi scheme, that can colapse in a flash, Bitcoin gives a high level of return compare to all other form of investment.
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Until the crypto community takes drastic step against, individual involve in scam project, we will continue to have the bade experience in the space, I suggest a pool to be created that will require KYC before ICO/ IEO can commence, with this developers can be trace and be charge incase it was observe they are scammers.
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Regulation in the CRYPTO space is the solution to reducing shitcoin in the space, these are coin that has discourage lots of investors coming into the space, with regulation, ICO/IEO development can be monitor.
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You earn base on your level of investment, risk is a norm for every form of investment, strategically take calculated risk, where you ensure you research, and ensure you trust the project you investing in, cryptocurrency trading is quite profitable, but with adequate knowledge.
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Recession/Financial crisis is a global phenomenon that is sure to impact negatively on the life style of citizen in different countries, to be exempted from financial crisis an investment in cryptocurrency is the latest technological way out, research, invest and take profit to re invest.
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US dollar control global market currency, same way Bitcoin has a major impact on Altcoin, ones BTC experience bull run, Altcoins tends to follow suit, thou many Altcoin has gone into extinction base on mismanagement of project fund, viable project are sure to be back on track when the bear market is over.
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Hi everyone Although i am new here but i am not new in cryptocurrency market. I have two questions about bounty program. Is there any Restrictions to join bounty if i am Newbie? Is the bounty program for only bitcointalk users, i see i should add and use my user name of bitcointalk.
The restrictions is mainly for signature campaign, most do not accept Newbie for signature campaign, therefore you can only be considered for social media campaign, which does not pay much unlike in the past, bounty program is not for bitcointalk user alone, there are other platform also that promote bounty, such as bountyhive, bounty platform.
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Global bank strategy can also be use to loan individual Bitcoin, laws and regulation will be in place to ensure both parties interest is taken into consideration, escrow can be use and a percentage will be use as interest for the borrower, this will be base on tine of repayment.
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Vber, whatsapp,skype are all social media platform, with an existing customer, and a service product with value, It is not all project/ Idea that need to conduct ICO, If there is a need for blockchain/ cryptocurrency development service that can be source for in the near future.
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Bounty platform has been abuse, thou the long bearish market trend has a negative impact on the over all success of ICO, but several bounty manager/developer are taking advantage of lack of regulation in the space to cheat bounty hunter, detailed research is required before taking part in bounty in order to reduce bounty scam.
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I sell off at the bottom, ones I discover the team involve in the development of the project lack integrity and do follow up on the project road map, there are project mainly develop by scammers, individual that use ICO fund for personal use, such project cannot survive during the bull run season.
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Crime is a global phenomenon in every sector, there are lazy individual out to always take advantage of people, cryptocurrency platform is no exception, thou it is on the increase, sure this value is estimated $2.3 billion as there are several offline crimes that are not recorded, it is wisdom to ensure you do not flaunt your crypto personality and also ensure you not after freebies that are trap in disguise.
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