I was surprised as well that CMA that once called Idax a scam exchange later surrender and embrace the exchange,i heard that some powerful people in the shadows are backing idax exchange?im wondering whats going to happen in the future if more exchanges like idax keep existing,this kind of threat can kill IEO if care is not taken
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Day in day out there are new projects requiring kyc from investors Exchanges requiring kyc, for some in order to maximize your ability to withraw large sums of cryptocurrencies and some even before you can trade on the exchange The bigger question is how safe are our kyc documents?
Its a must to submit your ID documents if you want to withdraw large sum of amounts from exchanges and even some ICO projects do requires KYC but i'm not sure how safe our IDs are and bad news are been spread on the internet about people's identity been sold through darkweb,if you are not feeling comfortable about your ID just stay away from KYC projects
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After the ETH2.0 upgrade there will be FOMO of cause but since POS (Prove of Stake)will be implemented it will be a good reason for many investors to hold so as to earn returns on their holdings which will make ETH have better value than before
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Do not trust any ICO Rating websites for investment or project promotions either old or new because they can easily get paid off to get better rating,i like icodrops and icobench but i never rely on them,i rely on my research and focus more on what each projects have in stock for crypto space in general
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People need to be more careful now
Many new people are coming into crypto space every day and many more good and bad projects are been created almost everyday Same thing is happening to new crypto exchanges,there are some new exchanges that lure traders with zero trading fee and i believe that nothing is for free in the world.
Free zero fee trading exchanges are red flag because every exchanges are able to sustain or maintain their business with incomes from trading fees so how is zero fee trading going to make any sense?
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Some cloud mining websites are real but many of them are fakes,they are either phishing websites or malware attackers that wants to steal passwords and private keys
Premium Antivirus can get rid of these fake softwares easily but one needs to be very careful when clicking on download links.
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We have few good projects that failed to raise required funds to continue the project development in ICO or IEO but they never quit,they continue with their work,this shows that they have something to offer either with fund or not they still wont give up,but many projects are just here to raise money and abandon the project later on
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Im here to promote bounty projects for the rewards and nothing more and if im lucky i can end up promoting projects that keeps their promises,the reason why many bounty projects are bad is because they arent very serious with making the project a success,but i promote bounty projects that have something promising to offer e.g working product atleast
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These are the reasons to hold litecoin 1.Its faster in transaction speed and cheaper fee too 2.Its an old grand daddy just like bitcoin so no risk like exit scams 3.Teams are already renovating litecoin from the beginning of this year 4.By 2020 litecoin might actually get implemented into a working product for means of payment hopefully
Holding litecoin isnt bad at all since its been around for a long time,its safer to invest in old strong crypto coins this days
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Expecting 1000x from a altcoin is unrealistic and to get even 100x from a altcoin now you have to pray that a better altcoin season happens in the future and still the altcoin must be a very capable coin with good teams and good roadmap,im not aiming for 100x altcoins i will be satisfied if my altcoins do 10x
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Before you decide to join the Airdrop program. It's better to check from various aspects. We see now that many fake Airdrops use the names of existing coins. And from some Airdrop I prefer to join Pundi and Tron.
Airdrops from few websites are confirmed airdrops and fakes free,website like airdropalert only list real airdrops but airdrops problem is the reward is too low,i dont think we can see good ones like pundix and tron airdrops again
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The last crypto bullrun happened based on hype but not this time so why would anyone wants to hold shitcoins?do you think shitcoins will benefit from future bullrun?look what happened to altcoins this year even when bitcoin keeps surging in value many good altcoins failed to follow the bullrun thread,it will be a disaster for anyone that holds shitcoin i bet.
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Exchanges will be more vulnerable to attacks form hacker if they allow login to users account through any social media like facebook,twitter or reddit
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To have confidence in a project due to the real use case they want to introduced is all on the team's professionalism because many altcoins are been built with the idea of introducing real use case yet many of them failed
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It really depends on how the trading bot was built because you cant trust all trading bot,some are worse and some are fair but dont rwl on bots unless you know how the works
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The best top coins on my list is ethereum and bitcoin other altcoins have higher risks and you will need to do your own research on them before investing,i believe that altcoins with low market caps under top 100 will have better ROI in future if you can find them.
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IEO is sure a safer investment than ICO but very few good ICO can show up anytime too,the most profitable project for me this year so far never host any IEO and they only did ICO months ago,learn to do research not to miss out on good IEO and ICO projects
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If project ICO failed just forget it and find another project,there is no way they will work further on the project since they will need the funds to build the new project
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Invest in top altcoins because they have higher chance of tripling your invested cash on the long run,altcoins like litecoin,xmr, ripple,bnb will not disappoint you and there are still some altcoins with low market cap and very cheap now,you should do research on them first
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The choice is yours to make and many will prefer investing over mining because setting up mining rigs cost a lot and remember that electricity fee is there too
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