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If I were you, Investing on a project will not be my top list. Because projects tends tends to be on the risky side. And also, It takes time around 6-12 months before you can see a decent profit. And that's only for the handful projects out there that looks good. So, If you are a new investor and want to invest on crypto. Then I would suggest you to try investing on alts because you can trust it and can give you a good profit and a short period of time.
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Before even starting. You must prepare yourself and block all emotional attachments. It's good that you know the risk of margin. Even just a small mistake can cost you thousands. So just be careful and really do your studying or research before you make a trade.
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It's true! New comers tend to get exited to earn money right away that they don't even know if it's even a scam. So just a reminder to newbies out there, Talk to a person who is longer than you or have more experienced than you when it comes to crypto for your first investment.
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Yeah, Newbies should stick on the safe side until they know what they are doing. There are plenty of scams out there that looks legit and attracts a lot of newcomers. So until you are ready on investing on smaller alts, Just stick to the big boys and who knows, Those coins can even earn you money.
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It's better to have your opinion rather than just depending on another trader's signal. Why so? Because you will not grow in terms on trading. Yeah, Newbies don't know how the read the market yet so they depend on others. For me, I would not spend a dime on something because of other's opinion. So take your time to learn the market because not all signals are accurate and it can lose you money. And it would be better if you lost that money in your own terms.
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It's true, Most new bounty hunters tends to take the job when there's good money for it. But what's the reason to do that if that project is just a crappy one, Hell, even a scam. This can cause your reputation as a manager and that last payment will be your last. so take note of that. And also, there are managers out there that are just full of themselves. It's like us hunters are below him. Which means you just do it for the money and nothing else. If you want to be a manager, remember. Refuse to say yes on times when you know it's a bad project. And be humble, I feel like that's the trait that most managers lack on.
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Nice pic, And not gonna lie it's pretty accurate  , Because of the WhitePaper is written well, then i can't decide on investing on that coin without doing more research. I tend to look at the people behind the project. Their backgrounds, And if they are basically real and not just stolen identities. so looking at their partners and checking their roadmap then I can decide If it's a good project even just a legit one. |
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Right, There are major red flags you can see when you are looking on investing on crypto. Projects with the same ideas and no originality will result on a non profitable project overall a useless one. And there is also scams. so watch out for that.
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It's true. Even though Binance bought CMC it doesn't mean that it isn't fair that Binance is top 1. Even if they didn't bought CMC binance will still take the seat. Like you said, Binance has a great reputation overall. And one of the golden coins. So there's no doubt that binance will dominate the chart.
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If you are finding a decent exchange with "Cheap" fees then i can suggest you on trying kucoin. It's not the best exchange but it works well and it's designed for people who are just getting started. But if you want to be serious on trading, Then I would suggest you checking out Binance because of the reputation, security and much more.
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Some of their bounties i actually joined. But the problem for me i think that they list bounties that has no potential of getting in a market. Which lead them to their downfall. Because if you will manage a bounty be sure that it is legit and they will pay-up and most importantly earn you money in the long run.
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I can't see Binance using CMC for it's personal agendas. When they do that their reputation will be affected. But of course, Binance will be a bit bias and maybe not giving the other alts to grow in the market.
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I feel like I can't also trust those sites. They are mainly paid for advertisement. So I rely on the partners of the project and the people who working behind it. That's what I look for when I plan to invest on a ICO.
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It would've suck. But that happens. at least once to every person. But always remember that that's the experience you can't buy. Maybe you're asking me "Why would you want to experience that?" well it's simple. If you don't experience this then how will you know and learn how to recover the amount you have lost? There's nothing wrong on making little to non risks when trading. but if you limit yourself to that you would never improve.
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It didn't know that rooting/jailbraking your phone can lead for someone stealing your wallet. which can be scary honestly. But before tweaking your phone you must always know the risk you are facing before doing it. But if you use an app for being your main wallet. well I can't recommend that especially if you have a large sum of money. So i recommend you buying a external wallet like a ledger.
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I believe that cryptocurrencies are here to stay. Everyday, many companies is venturing using cryptocurrency to advance there products and services. Crytocurrency provides current companies and new investors additional platform to grow their business and and their ideas to a much safer and reliable environment. This is going to be the backbone of every business in the long run.
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Sometimes I get tired of posting and waiting for the token distribution and even waiting for the token to be listed in exchange. Its takes a lot of time and sometimes quitting is the first thing in my head. But If i'll get, i'll not be getting the bounty reward and that in return no extra money in my pocket. Therefore, quitting is not an option. Anyway, it will just take some few minutes or hours a day.
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