It is true that the virus has a huge impact on crypto and any branch of the industry, but it should not affect us in investing because Cryto will always generate good investment to offer to its investors and of course there will always a new idea to come up with a blockchain system. So we don't have to depend on the idea of others so it is better that our idea itself comes from our step.
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Bounty scams are unlikely to disappear in the market because as the cryptomarket grows and grows, exploitative people are also increasing to do these scam projects. So we just have to be more critical of the bounty projects we participate in, because learning is one of the good process of indentifying good ones.
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There are actually a lot of people affected by the pandemic all over the world and many have lost income. And because people are determined to make extra income, they are looking for it online, but newcomers seem to find it difficult to enter the world of crypto if they do not have enough knowledge about it but if they are patient and willing to learn it they will probably earn income by joining crypto especially if the project they are participating in is legit.
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If you are looking for an any projects that distribute a free coins try to search in the bounty and there awaits a lot of projects that are possible for you. But do not expect that all of the project pin there has the possibilities that will benefit you, there'll be no assurance of that so better look for a good one.
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For me there is no difference in the case, whether the team member is known or not. I am not saying that we should not focus on the team of the group but rather focus on our interest in the product and progress of their project because it is more important to know if it is a scam or will eventually benefit you. So let us not rely on whomever inside the team running it instead focus on the projects capability.
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Descriptions are really on point. First and foremost for bounty hunters it is advisable not to immediately promoting a project that has not been studied, you must consider things above that before promoting. But as a fact, you need to take a risk if you want to advance but also need a thorough study so as not to waste of efforts and time to produce good results in the future.
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Akropolis is a defi lending and savings protocol. Users can take out loans, and they can also earn interest on crypto deposits. They were hacked because their platform security is not that safe. So for instance, they should have doubled their precautions to prevent this kind of problem.
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Projects don't really depend on the managers rank but eventually projects depend on the concept they will propose in the market which has utility in the future. Managers is the one who will indeed promoting the bounty in various media platform so that investors will know and get notified in every details of their projects.
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This is really good and informative reminder to every new investor so that they can avoid investing in this exchange. Kinda bit disappointed because there are so many scammer in the market and it makes a lot of investors losses their money. So we really need to be more careful now and use larger exchanges to make our investment safer.
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There is really a scam token in the uniswap where they are trying to impersonate trading in the platform. As UNISWAP booming, fake coins is also cotinuing to plague decentralized exhange uniswap.
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Cryptomarket has a lot of good coins to consider for investing but Bitcoin and ethereum are the choice of most investors because of their liquidity factor and also the coins that are often traded. And especially now that ETH is launching its newly improved version.
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Market has a lot of wallet to offer so for me the best wallet is Exodus. With its simplicity, this wallet is great for beginners just getting into the crypto space. It also has great support, which is an essential feature for beginners getting into what many would consider a confusing market.
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I don't think that case would happen in the market. Because as long as people innovate and try composing better coins new ideas will pop up and always come to merge and will become a new form of the future projects that investors may select.
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Upon investing to the project, do not depend onto what other might suggest because on every projects they have risk and you will not sure about its legality. Deep searching about the project is a must for you to really understand it. And if you think that this project fits you, then have time to it.
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BTC and ETH do a variety of intense and fascinating things in the market that are offered to its investors. Therefore, it should not be compared because they have our own aspect that is given to them by their investors in the market.
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I don't think 2020 belongs to DEX. Because it still has a long way run to go to beat the current top centralized exchanges. Indeed DEX did improve a lot in past year but still lacks behind in few things which can only be provided by CEX. But when Dex improves their platform or service in the market that might be the reason for them to rise above others in the future.
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In determining what altcoin would be the best investment, the most important thing is to consider is does the project is promising and how was it affect and contribute good investment to its future investors. Get some information about it and observe then there you can finally analyzed it through yourself and other people if it is going to be worth investing for.
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You already have a good profit collected. But if you want to earn more profit for your investment just be careful of choosing what kind of project you're going to. You should think twice before investing on it and most bounties right now might have a promising profit but learning is a must and avoid getting fooled.
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Good tips, This is what newbies really need to know before investing. First thing to do is learn how to take the step and set aside the thought of big earnings first so as not to be deceived and fooled by fake investment projects. And can go along with the good ones after having a good research.
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These two things are far different because gold has a physical feature in human life while the other one is applicable in the digital world. So it is difficult to say whether crypto can outperform gold. So only time can tell about that thing. But I can also say that they both have a great potential contribution to human life in response to human needs.
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