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This platform would serve as an avenue through which newbies get to be educated about cryptocurrency and block chain as a whole.
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The cointracker tool is extremely convenient. From how many exchanges can you input your portfolio and are you aiming for some big ones in the future?
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My experience so far with bounty this year have been bad and it is not as profitable as it used to be. Mainly bounty hunters don't really get good projects that will pay and those that pay just pay a penny which is not worth the time and energy put into the work.
My question is, is it possible to still make a living from bounty or we should just move on from it?
So disheartening that one can barely make a living from 90% of bounties these days. You can imagine working for a project for months+ only for the project to distribute and price ends up being shit. This is even better. What about those who deny hunters of their rewards? Crypto Hunting has indeed lost its glories. |
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There are 3 components that every good crypto project continues to improve on
1) Technical capabilities & Delivering on Technical goals
2) Marketing, Community and Adoption
3) Integration, Partnerships, Usability and Company Structure
From these 3 distinct categories, there's a whole infrastructure and sub-categories that can be stemmed. Ultimately, there are teams who solely focus on 1/3 areas and neglect the others; this is ultimately what we call shitcoins. Most top 50-100 coins have at least captured 2/3 of these areas, with only a select handful of gems attaining or about to attain all 3 levels of success.
Ultimately, every project I see can be defined by these basic and generic overview of essential capabilities I view. Again, I want to stress there are several areas to emphasize within these categories there are numerous of sub-categories, such as legality, financials, revenue, market share, competition and a whole host of other factors that make up any successful business
I really agree with you. Especially on the Marketing aspect and Community. |
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Is it safe to invest in multiple altcoins than a single altcoin? I often think it's better to invest in a single altcoin. I don't know if am rigjt
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Things people need to follow if they want their cryptos to be safer:
Store them in a wallet (wallet which has private keys)
Use exchanges to exchange cryptos and move them to your wallet ASAP.
Ignore fake schemes of making unrealistic profits.
Keep your system from keyloggers.
Thanks for this. What of situation where an asset which doesn't have personal wallet is stored in an exchange say Binance. How do we ensure the safety of our assets on this exchange? |
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This is absolutely false. Most ICOs don't even pay Bounty Hunters before their listing. They prefer to pay hunters months, even year after listing putting the investors into consideration. How then is it possible for BH to dump price.
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Well, these exchanges are secured as long as you don't expose your private keys to any party. Dex exchanges are more safer than Cex exchanges in my own opinion.
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Are you for real? I almost purchased their coin from their exchange. I so much anticipated it. But why should they exit having making much money. This is quite pathetic
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Well, I also don't have a single exchange where I trade my coins. But majorly, I trade on Binance. I love the security measures in Binance.
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My greatest crypto regret was when a friend wanted to give me 6btc in 2010 and i told him this 'you are just wasting your time with all this useless internet things' and even the guy wasnt sure if what is holding will worth it in future so the guy replied 'it costs me nothing' ,after few months i stop seeing the guy again even till date,i thinks he is not in my city anymore,what is your greatest crypto regret?
Awwwn, what a regret, sorry about that. My own biggest regret was buying a coin back then, when the coin got listed, I refused trading some. Till the project exited. Am still holding it and seriously regretting my actions. |
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Ethereum fork again? Why then is the price doing down? Akm seriously hoping for ethereum moon.
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Well I think most projects initiate KYC in their bounty program to curb rate of scammers. I don't see it as appropriate either. But bet me, despite the kyc procedures, those who would still scam would scam. I think projects should be more concerned about "Honest works".
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Bounties are just risks. As much as you don't put all your eggs in one basket, don't quit bounty. It still pays.
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Depending on what coins / tokens you want to invest.
If you want to invest in new tokens / coins, I personally would prefer the "private sale" or "pre-sale" phase because usually besides being cheaper, most of them also offering large bonus.
With the current situation I choose to keep off from "Public Sale" phase.
If you want to invest on Project that already running, already on market, I recommend to see how the project has progressed a few months back and what they are planning in the future. Also see how the tokens / coins price are moving over the past few months (even if possible for the past year).
Last:
DWYOR = Do With Your Own Risk
Wao... This is amazing. Like seriously, I have lagged! I'm learning from my bosses |
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The best way to invest on crypto is look for their projects first, if you invest on ICO. if you want to trade, the best way to invest only if you can read trading chart. without knowledge on trading chart its very possible to buy dumped coin/token. Read annual history of chart is important, sometimes market have same scheme.
one more and very important, no one know when coin up and down, because price of crypto is market decision.
DYOR
This is insightful. Thanks dear for the heads up! |
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Often times, people ask questions as to which best time to invest in altcoins or crypto coins. And I keep wondering if there is always a speculated time to invest in those coins. Early this year, I invested on one cryptocurrency. I was blamed seriously for investing on that particular coin at that particular time. This coin dumped till it almost disappeared from my wallet. I blamed myself continuously and I keep asking myself this question; is there any particular time to invest in these crypto coins? Please feel free to contribute your own opinion.
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#SONATAProofOfParticipation
Bitcointalk Username: Annexia
Campaigns Joined: Telegram and Content/blog
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Hi, I'm interested in handling the French translation
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