This list mentions the reasons for the Red Trust, the people who gave the Red Trust.
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311. Xal0lex (Staff)

I would say there are two communities, i.e. bitcoin and altcoins. For somehow, my trust over the time is limited only to bitcoin, since alrcoins move up only when bitcoin goes up. What's the point in investing in Eth as it will only go up when bitcoin goes and vice verse? Moreover altcoins are subject to crash like we saw Luna this year. DYOR before making any decision.

Moderators should put a minimum number of words, such as 100 words per post, to post in forum. Then numbers of post will be able to control for moderation.

I recently made some money through Amazon Kindle Direct Publishing, and I'm considering using it to purchase some Bitcoin. Only a tiny sum, roughly $800, is involved. What do you suggest doing right now? Purchase some Bitcoin or another cryptocurrency with a promising future.

What replacement coins would you recommend?

No matter how tempted you are to invest in a project always learn its tokenomics first.

Cryptos have had many crazes all over the years. First, it was Bitcoin appearance.
right after that, there were the altcoins and soon after the ICOs, IPOs and all the O's thingy craze. Afterwards the PoS and stacking craze came to play and then smart contracts came around then the DAO Blow. Then the Cexes, the Dexes and right after that, we saw NFTs rise along with the metaverse. (I'm probably missing something). Now we just had the Merge.
Many of these phases have helped the crypto market achieve new highs and led the blockchain technology to go mainstream.
A lot of developments have been a part of the industry growth, so my question here is, what do you guys think will be the next craze in the industry?

- When you stake, your holdings are locked up for a certain amount of time. You cannot trade or sell them before you unstake your holdings. So it might decrease your profits if the price plummets.
- Depending on how you stake, you might need to entrust your cryptos to exchanges. It might bring security risks.

For the newbies, in order to not get scammed just think about this, if the promises of x5 or even higher or lower are legit and true, then they won't be asking for your hard-earned money since the big investors and financial institutions will be the ones pouring millions to billions of dollars. One of my current requirements in order to DYOR furthermore on new projects is if they are getting investments from Binane Labs, Kucoin, and other top crypto investors.

Some of these newbies already have an idea of these scams but they are blinded by the hope of becoming rich quickly and easily. In my country, I can see teachers, engineers, and other professionals still becoming a victim of these scams.

When trading or investing people need to always think about the risk to reward ratio, a risk reward ratio of 1:2 means you are willing to risk 1 dollar to win 2 dollars on a trade, if your system had an accuracy of 60% then this means that on average you will earn 0.8 dollars on average on each one of those trades for each dollar you were willing to put at risk, however the risk of investing in new coins is so high that it is simply not worth it and yet many people keep investing in them.

Right now bounty programs are not that worth it since a lot of fake accounts join in and low rewards compare to years ago, Also many new projects end up scams when their bounty program ends so we got trash tokens from the project. For the last two years I have collected more than 150+ trash tokens. Well, since the bounty program only fills my spare time besides my real work then it's not a big deal.

There are only a few projects that really are worth it to invest, and most of them are doing an effort to provide the information and their future plan. But, sadly some of them are taking advantage of their investors and spending the funds on some underground business.

And that is why we need to invest what we can only afford on risk but still need to do DYOR or else, it's will just a loop that will happen and developers will scam investors all over again.

The Dogecoin price seems incredibly bearish and if Elon Musk quits as the Twitter CEO, the token may be badly impacted. Earlier Coinpedia made dogecoin price prediction for the end of 2023, as $0.158. But with current news it wants us to rethink and ask – is doge coin dead?

Большое спасибо, исправим подход! Это одно из правил нашей локали? Если постить вместе с источниками, все ок будет?

The collapse of a major crypto exchange, has once again taken the world by storm. There is a lot of FUD being spread by mainstream media, making people believe this is the final chapter for crypto/Blockchain tech. Now, US lawmakers are pushing towards stricter regulations with the excuse of helping protect investors' interests. Other countries could follow the US, greatly stifling the growth of the industry. I'm beginning to wonder whenever the collapse of FTX would be good or bad for crypto in the long run? This looks like another Mt. Gox situation, so it's likely things will be better in the long run after the dust settles. But I'm not so sure, especially when governments are now seeing crypto as a threat to the existence of Fiat (something they didn't think about when crypto was in its early years).

What are your thoughts? Your input will be greatly appreciated. Thank you very much.