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isnt it obvious that we stuck with the shit tokens and cannot get it rid in hoping it will be revived back and be a good projects that will hit. We cannot predict what will happen as some projects are dead because the lack of liquidity and we all dont know when the projects will back to game. Who know this shitcoin will become valuable when the projects are continued by new owner. Just think positive as it will not hurt anyone to collect shitcoins at all.
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It's 90% untrue story when new projects failed to launch their project because of COV19 pandemic because every thing about crypto is digital, you can continue development digitally even if the team are in their separate homes, I can still cut some slacks with projects from Italy and France, they are the hot zones of Cov-19 pandemic but what about others??? We have Zoom app thats very good for team to come together and make a plan because of social distancing,. What am I missing guys  Am I right or wrong? If the team are serious about their projects they will not stopped the projects progress and giving a lot of excuses. Its only show the team strength not to give up on the projects to make sure the projects succeed. Investors like projects that has a strong team behind their projects. |
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Yes, I recommend my friends to invest only in the top 100 altcoins. Better if they invest 70 % just in Bitcoin. Newbies should first learn a lot about the cryptocurrency market before investing in new projects.
Not top altcoins are safe. Even some scam & shit altcoins already in top 100. Few days ago SushiSwap CEO scammed & Sushiswap is now 60 no position. Better to invest wisely not invest by coins rank. Like Sushiswap i would stay away from that project cause it definitely a scam and the owner did run away and came back to take more more from investors. Better to make a safe plan and invest on what you could afford to lose as we dont know what is the safer projects that will not turn to scam or perhap can drop easily at the market. |
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You need to wake up and accept your lose my friend. You still got 4 eth left. let do a good research this time and try not to be greedy also. Always make a trade for profit first and do not hodl any tokens that still new at the market for long term as it tend to crash after couple months being listing.
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Basically i will search about the team whos behind the project and if it anonymous i will stay away as the potential getting scam are very big. Then look their website and if they using a simple template that look made by a kid i will skip that projects also. The most important is check their whitepaper as scam project love to copy paste other whitepaper. Always make your own research and try not to be fooled by scammer.
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What i still regret till today is i throw a lot of my ethereum at the casino and lost all of them. Gamble is my bad habit and i learn my lesson now not to do a gamble on the internet anymore as i will just losing my money. Never win big at the internet gamble and just wasting our hard money for nothing. Better to save the coin and wait for it to bull.
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An anonymous user managed to net a profit of $250k from a $200 outlay due to a flaw in a DeFi protocol clone’s rebase code. The token SYFI was launched as a soft-pegged adaptive cryptocurrency that expands or contracts its supply automatically. The concept was popularized by Ampleforth which uses a rebasing mechanism to adjust the supply to reflect changes in demand.
However, the Uniswap price of the cloned token was not adjusted to account for the rebase and the trader managed to sell the tokens at the previous price, wiping out virtually all of the liquidity in the pool. A flaw in the SYFI-rebasing mechanism allowed the anonymous user to obtain a large amount of tokens during its first rebase on September 3.
A DeFi trader using the Twitter handle Amplify has admitted that he was the one who netted 740 ETH from an initial investment of just 0.5 ETH. This works out at roughly a $250,000 return for a $200 layout.
https://cointelegraph.com/news/jackpot-user-turns-200-into-250k-thanks-to-a-buggy-defi-protocolLucky guy indeed, but I was just thinking, if you're the guy in this situation? Are you going to take advantage of the exploit or will simply inform the devs about it? It's a question of ethics and morals and values here. That guy was very lucky and at the same time he did hit a jackpot. Thanks to him the price of SYFI has being drop so hard and i dont think the price will recover anymore. Its was not a crime to find a bug and the team project is the one should be blame for it. |
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The year so far has not been good for those that do bounties. Like many of you I am happy to say that I made a lot of money in 2017/18 just from promoting ICO's. But those days seem to be long gone. I have found something else that is making me nearly as much as I did then but there is more than one way to make money from cryptocurrency and I would like to what you are doing with crypto and if it is giving a good reward for your efforts.
I am happy with bounty in year 2020 specially from nCOVID time because i made income huge at that time which i haven't in year 2017 and 2018. I also did trading at this time that makes me happy because of market pump maximum token price also pump and dividends come for every investor. You should mention here that you found in another way of income so that everybody would be happy to see that. Finally i think next some months and year 2021 will be the best year for bounty. thanks. All you need is trust. You need to make it happen if you really wanted to succeed anything. Glad to hear you did achieved a good bounty this year and hope this year will be a good year for cryptocurrency as we see the market value did rising because of the pandemic. |
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It was not binance fault to list scam projects that has a big volume of trade.. Binance list their project because they paid binance for listing their projects which mean they have money for listing. So we need to be careful as now we cannot think all project listing at binance is all legit now.
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If you are a newbie then crypto is a very dangerous place for you. You need to understand who not to trust first. Also no risk of no rewards in business. So think it as a business and gain more experience. You can make a good amount of money from crypto after that.
Absolutely, without good knowledge and experience, you shouldn't make money in crypto. That's first thing first and therefore you have to shift your focus from earning to towards the learning. When you get some experience and knowledge about the crypto market then you will start seeing things more clearly. If you got enough experience then you can all out in trading knowing the fact of high risk you will be extra careful on buying and selling at trade but always remind yourself not to get too greedy as newbies always do. Remember to make profit rather then making a loss. |
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From what i learn so far i did see the market of bitcoin are so affected the price of altcoins. We all can notice if the price of bitcoin rising all other altcoins will follow it as well. But still it just my own opinion from what i learn. But still i can be wrong.
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Nothing was too easy in this world to make money if you lazy to make a research.. You can it hard to make money from trading but if you learn about it i would dare to say you can minimize your loses by understand the pattern of trading. Sometime you win sometime you lose.
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I just sell the tokens i got cause it the best way for me not to loss the values of the token before it being dump hard and has no values after it. Some of my decision was not correct but overall i think i do well in my own decision.
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Even though its a wise strategy to hodl your tokens earned from airdrops and bounties. It's wiser to convert them into bitcoin or ethereum and hold. Most of those tokens from ICO's are not good for long term hold because the project development is not certain and others may back up after the money raised is exhausted.
Most of new projects will be death in one year if got no new progress. Because investors doesnt like to wait too long for a new project to developed a new progress. They want to see a ready product and want it to be ready to use. Some projects just cannot make it happen that why most of projects just died in a year. |
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I am not very active in participating in airdrop projects that appear on this forum or any other media channel. but when I opened Telegram I accidentally came across an airdrop DEFI (YFI) but it requires participants to send 0.005 ETH first. I think anyone who has joined the project or hasn't even had time to join in, should be even more alert. this is just a warning from me.
Anything that ask for money first i will threat it as a scam attempt. Not worth all to waste money on scam airdrop but if you have money to lose then you can try it out. Who knew it was a legit one. |
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The Defi hype are still on but it still cannot defeat the era of Icos back in 2017.. Where all buying tokens even a shit one. Defi has being so hyped lately and i can see the clone are popup so fast right now as they want to make an easy money from the Defi hype which is has no values at all. No project to be offer just a copy paste from other project.
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Do you have a preference for collecting tokens instead of selling them?
Currently in my wallet there are more than 200 tokens with different values and I do not sell them every time it is listed. I keep them and watch them every day. I was fascinated by the fact that there were many tokens in my wallet and not paying attention to their price.
Do you think this is a crazy hobby?
Yeah,that's really a crazy hobby! People want tokens and they monitored the price so that they can sell if ever the price was good. I think you just keep all the tokens without value and make it as decoration in your wallet but if you think the value is great then that is the time to sell to earn profit than to regret later. I think those are useless tokens and he can't sell them, I have hundreds more like that in my wallet because I was involved in a lot of airdrops before. If there was any token of value, he would have sold it early to get money It was no wrong to save the tokens that has no values but i would try to sell it if there any values for the tokens if i could sell it. Better to sell but if i cannot sell it so i just le it sit at my address waiting or hoping it will pump up. |
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Bitcoin will take time to be adopted as long as Institutional Investors doesn't realize the flaw and corruption of the financial system.
People think Bitcoin as a get rich quick, that's why they easily sell when in a bear trend. Those are the weak hands and dumb investors. But we the the hodlers will become the next rich gentlemen when massive adoption and demand surge knowing the full potential of BTC.
As long as nothing happen with you while hodl your bitcoin then you can holding it without any worrying about investment at all. Some case in need in real life will push you to used your investment on bitcoin but in reality it was a good choices as it will save you a lot from getting trouble in life. |
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If you get scam by those scammer then there was nothing you can do about it. Just keep walking and forget it. i know it hurt but there was nothing you can do. That why newbies that wanna to make a trading on exchanges need to know which one is legit and which one is not. Also be safe where you wanna put your money on. There was no turning back after you put your money at the exchanges. That why you being told many time to use money that you can afford to lose.
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The history also told us not to believed 100% at the history of bitcoin as the price is very volatile and can be easy to changed overnight. So there was no guarantee at all the history can be repeated but it also doesnt be impossible to be repeated. Its just to risky to trust blinded over the history.
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