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Don't think so. We should not invest in any Altcoin. Investing must be done wisely. We must choose a trusted Altcoin. So that the money we invest does not disappear into dust.
I'm interested to know how you define a "trusted Altcoin" please?
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I really wants to know from the high members those I think that knows more than me on altcoin. I have came to understand that whenever we are heading close to bull or just say nearly we always have new projects launching on a regular basis to stand a chance to enjoy the bull trend as well I often noticed cmc are being flooded with shitcoins in other for them to attract investors, who will invest in their project to enjoy the full wave of bull market and after which there comes a delisting of many since they can't afford to meet up the exchange standard. Example of those exchange are Binance, any token or coin that got listed in their exchange without meet up to the standard they quickly gets delisted quickly. Now my question is, do we just invest an altcoin to take advantage of the opportunity to make some x in return? Because I know altcoin rarely survive the dip maybe after bull run.
I think you have answered your own question. Altcoins are only created to make a profit. It doesn't matter how it happens, whether it's x on the exchange or your investment, which will eventually be lost,meaning i.e. your money will go to someone else. The result is always the same, someone makes a profit and someone loses money. For altcoins it is a normal cycle. I have to disagree. There are projects out there that you can invest in that can mix TradFi with DeFi. When you have a crypto project backed by a fund that relates to the token price then its different. The fund brings in traditional money to the crypto space, so its not a case of just buying an altcoin, handing over the money to the developers and them running away with it. I agree that is all to common but there are other alternatives. So far, I don't know of any projects that are not shitcoins, which come and go. Only trends and coin names change. I can probably only name a few of the older projects that have uses It's ETH, Monero, probably exchange token BNB. The rest DeFi, meme, smart contracts, NFT are just rubbish, which more often leads to loss of money than profit. So once you have bought a coin and made a profit, you need to sell it and forget about this project. Its sad that this is so true. It's so hard for proper projects to make it. Have a look at this one though and tell me what you think? I'd be happy to hear any feedback: https://stasis.network/
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Hi, if you hold Hero or Legendary status on BitcoinTalk and are interested in being an ambassador for a proper legit project please let me know. Can discuss this here or you can message me in private.
Thanks in advance
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A lot of people getting caught out with MM wallets these days. No matter how many times people are told not to store their recovery phrases on their devices or take a picture of them they still do. People should using wallets like Gnosis or Safe as I think its called now. That way you can have two multisigs on it, one can be your MM wallet and then you could use a cold wallet, Trezor or Ledger for the other multi-sig.
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I really wants to know from the high members those I think that knows more than me on altcoin. I have came to understand that whenever we are heading close to bull or just say nearly we always have new projects launching on a regular basis to stand a chance to enjoy the bull trend as well I often noticed cmc are being flooded with shitcoins in other for them to attract investors, who will invest in their project to enjoy the full wave of bull market and after which there comes a delisting of many since they can't afford to meet up the exchange standard. Example of those exchange are Binance, any token or coin that got listed in their exchange without meet up to the standard they quickly gets delisted quickly. Now my question is, do we just invest an altcoin to take advantage of the opportunity to make some x in return? Because I know altcoin rarely survive the dip maybe after bull run.
I think you have answered your own question. Altcoins are only created to make a profit. It doesn't matter how it happens, whether it's x on the exchange or your investment, which will eventually be lost,meaning i.e. your money will go to someone else. The result is always the same, someone makes a profit and someone loses money. For altcoins it is a normal cycle. I have to disagree. There are projects out there that you can invest in that can mix TradFi with DeFi. When you have a crypto project backed by a fund that relates to the token price then its different. The fund brings in traditional money to the crypto space, so its not a case of just buying an altcoin, handing over the money to the developers and them running away with it. I agree that is all to common but there are other alternatives.
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New Zealy quests have been posted today following our partnership announcement with BreadBytes yesterday
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Why not NFT's with additional benefits. https://www.stasis.network have NFT's giving lifetime rewards, those rewards are tokens backed by a Treasury so they have a base value. In addition they can be redeemable at any stage less a 20% fee.
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you never know where to invest many ppl have their own opinions i may say NEON (NeonLink), someone will say ETH or whatever you gotta research pick the right one for you and see what happens
The problem picking the right one. I've had two Masternode projects in the past, I successfully sold them on in 2021 and made the investors quite a lot of money cause to be honest they where legitimate projects. That's what is hard to find now. So after that we have now gone and launched a new project but again a legitimate project, You wouldn't open a restaurant with no tables and chairs, but for some reason in crypto it seems to be the norm to ask for loads of money first and then carry out the project's infrastructure, it's madness. We've front-loaded everything, a Dapp that's cost us 10's thousands, website, company registration, the whole lot, its all already done. Once sale starts its a 3 day flash sale cause its a deflationary token, then the actual token launch to the markets will only be a week later. You will even be able to staking or farm the tokens straight after the presale cause everything is ready. I know some will say I'm only here to shill our project, and part of me is, but I'm also here to openly ask for opinions on what we could do better. Its an on-chain mutual fund, your tokens represent a portion of that fund, as such the tokens have a base price that rises with the fund. We have NFT's as a small part of the project that give lifetime rewards and have a special liquid decay function. On top of that they are redeemable at any stage less a fee. The team members are not getting token allocations, we all have to by ourselves. Founders are fully doxxed. I'm fully open to any questions you may have, please do have a look. https://www.stasis.network I welcome any questions
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Some of the current quests running on Zealy that you can enter:
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Please be aware this is also a project on Polygon Chain not BSC. If you qualify for WhiteList be sure to enter your polygon address please.
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White List & Zealy Competition Currently Running You only need 1,000 XP to earn Beta WL: 1 hour early access and high wallet cap for Presale. You have until end of day on June 6, and our quests are so easy to do. Free money and Whitelist? Zealy is the place for all things. Giveaway comp goes until the day of Presale which is June 9th 1st: SVC NFT ($600 value & lifetime rewards) 2nd-10th Places: $100 USDC 11th-30th Places: $25 STS 31st-50th Places: $10 STS Quests will be added daily. Stay up on them to remain near the top of the leaderboard! Join our discord or go straight to Zealy by clicking on the icons below to get started Full BitcoinTalk Announcement Page will be up later this week
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ethereum and binance are good and trustworthy altcoins, I think you are on the right path to choose an altcoin for investing, but xrp I don't choose it, even though this is an altcoin that has lasted a long time and is at the top, but I don't choose it, in fact cardano, polygon, litecoin are my next choice, litecoin seems to be sleeping but I'm sure that later it will actually provide good profits in the next bullish season, while polygon has not yet shown its performance, even though yesterday it touched $ 1.5 but it's back down at $0.9, but fundamentally I think it's worth it
Not sure about Litecoin or Cardano, but definitely have to agree with you on Polygon. They are doing so much and attracting so many new projects. They have stopped funding for new projects however (as far as I know) but have the Polygon Village program now which is a great support program. We joined it with our project and it's been super.
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