Someone have to do this from time to time, I believe that many newbies are still victims to scam projects till this days, we gotta keep warning them, not all can be safe but as for those who want to learn, here you go
1. Learn to control your greed
2. Money making should come last, learning is the first thing to do
3. Do research on exchanges as there are many bad eggs among the good exchanges
4. Follow the crypto investment rule, don't invest more than you can afford to lose
5. Don't put all your eggs in one basket, diversity is the way of winners in crypto space
All the best.
Greed can't be controlled and it could be triggers at any time, do you know that you can be greedy and still gains favour out if it? I can be greedy to invest in a very good altcoin and make some big profits out of it, been over greedy is making huge profit and still wanting more when we all understand that crypto is volatility best friend |
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USDT has the best liquidity and volume among all other stable coins in crypto world, if USDT can't be trusted exchanges like binance and many other top rated exchanges won't list the stable coin, top exchanges takes their reputation rate very seriously.
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Binance has been a leading force with respect to initial exchange offering (IEO) evidenced by its extraordinary success in raising funds for crypto startupa via its Launchpad. The likes of Gifto, Bread, BitTorent, Fetch.Ai, Celer Network, Elrond, Perlin, Kava, Injective Protocol have successfully met their funding goals via Binance IEO.
My concern, however, is in the performance of its recent IEOs such as thoseof Injective Protocol(INJ) and Axie Infinity (AXS). In the past, investors are often certain of getting almost ×10 of their capital once the token is launched after IEO but these two tokens hardly did ×2 of their IEO price. Does it mean that the Binance Effect is already waning or has weakened?
AXS was sold at $0.1 at IEO price but only breezed to $0.29 briefly while INJ sold at $0.4 managed to hit $1.49 as its brief ATH. These results are unlike Binance's past IEOs which made investors jostle to get in to the launchpad.
Do you think that it the end of Binance IEO has come or the exchange would rediscover its earlier form?
Let me know your opinion.
2x gain from a IEO project is good enough and moreover many more IEO projects will still land on binance exchange, some project will be stronger than others so the ROI will vary, 2x to 10x is still very possible from IEO projects, don't judge binance IEO because axie infinity launchpad did 2x, it's better than nothing |
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Which do you think is best for a new project and why?
ICO - initial coin offering
IEO - initial Exchange offering
IDO - initial Dex offering
STO - Secority token offering
IEO is always the best for me because infinity I can be sure that they will not scam and will enter the exchange market in the future. In addition, IEO of top exchanges are always the best such as like binance, kucoin. So you should participate in all these IEO because the amount of risk is to low.
Note- I don't know if the same topic has been presented in the past and I'm creating the topic with my own ideas.
IEO is the best because it's the safest and still profitable too, others are too risky and it's only worth taking the short if the project is insanely good enough like the last ICO called Avalanche, investors have nothing to worry about and they can put their trust on Binance or other top exchanges |
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You can just copy another projects name with a new token and list it on uniswap or other dex, newbies that come around to buy coin will eventually get caught in the trap, they will buy the fake coin thinking it's the original, this freedom that DEX gives will be its down fall.
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Come to think of it, what would have happened if all that's happening around UNISWAP is from a centralized exchange, many would have ridiculed the exchange but this is dex, not every knew what's happening on the exchange, as good as dex exchanges are they are the perfect place for scammers.
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I think it's too early to say a project filled just because the price went down. I still believe the price will rise and many people will be shocked. There are more exchange listing on the way. Project is bullish. Nothing to worry about about.
I have a high doubt about this, on all listed exchanges there are only sell orders available and no reasonable buy others, coingecko and coinmarketcap are showing price as 0.0009$ today but tried to sell at that price but no order was filled successfully because buyers wants to buy at 0.0001$, this coin is never going to recover again |
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If you are referring to crypto space in general there is no new way of making money that haven't been heard about before but out of crypto space there are many ways, there are many trading bots you can buy online but the truth is I don't advice it, there are reports of loses from people who use bot to trade, they aren't perfect.
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Bitcoin and ethereum are my favourite, I have lesser interest in DeFi and altcoins and I've already quit been a holder since I've lost 90% of my portfolio value to volatility, I still regret not holding bitcoin and ethereum from the start instead of holding some altcoins that are now falling so hard
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The easiest way out of dumps is for the team to use USDT or ETH to pay bounty hunters, your suggestions are not bad but are long things, unless the project team don't want to give out their tokens for one reason or another like ludena protocol and few others
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Binance and other top exchanges always make sure that the project they accept on their exchange are real and very good, this is one reason why investors trust IEO projects more than ICO projects, IEO fundraising will last longer than ICO did in it's days
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The problem here is no one is buying this token, Youengine is not attractive to investors that's why all this is happening presently, lack of volume and liquidity will easily make a project dump in price, this isn't bounty hunters fault
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Another good solution is to follow special bounty managers, few still have some love for their bounty hunters and community, they will go any lent to make sure their bounty hunters get paid as promised, bubbalex my eye is on you on this one, Hhampuz is another good one too
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I'm very familiar with how teams can be so mean after bounty ends, sometimes I felt like I'm been used for nothing, Escrow can actually works but believe me, not all projects will accept this, even projects that have distribution date on their bounty thread change their own rules after bounty ends, we can't do anything about this, let's just accept things as it is.
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Do you need a coin that does not have negative volatility? 1. Is it possible? 2. If not possible, why? Questions of an amateur, what do you think? Not a stablecoin pegged to the dollar or fiat. I found one of the options here https://bitcointalk.org/index.php?topic=5267705.0How the hell will I make Profit out of such project? No one wants such project pal, we are all here because we can buy coins and tokens at cheap price and sell when price increases, volatility is a must or all crypto projects won't make any sense |
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This is a job well done, binance team are very capable of anything and I wish many projects will learn from them, they get to this stage because of their hardworking, binance team really have what it takes to help crypto get better and grow it's adoption rate too, I do wish other projects team are just like binance team
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It's not a problem for me, I believe in my skills of doing research on new projects and moreover we've been told to invest only what we can afford to lose, that's for those who want to invest but as for me I'm a bounty hunter but still I make sure I do my own tough research first before promoting any new project either with anonymous teams or not.
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Then you have no idea how hard it is to manage a bounty project, before doing this to a bounty manager I suggest you manage a project yourself, do you think that bounty managers are the ones that create those bounty rules? It's the project team call for every rules you see on bounty ann pages, do not punish the innocents
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for the present time Escrowed is very important because to instill confidence in doing the job,
and to increase bounty hunters because if there is an automatic Escrowed the funds will definitely be given to the hunters with certainty.
Escrow must not be our top priority here, escrow projects still fails, even if escrow gives you confidence this won't stop the project from turning into scam, you could even end up with worthless Escrowed tokens like what happened with kingcasino months ago |
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I'm sorry I have to say this, they always says the truth is bitter, I really want to support you guys on this but due to my past bounty experience escrowed bounties never paid me any reasonable rewards, I earned the best rewards from bounties that aren't Escrowed.
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