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Honestly I am fully agree with CZ. At first CZ himself couldn't understand the matter with defi but after that he apologised. But his apology gives us a warning about defi. Defi is now highly risky. So be aware of defi project. Otherwise you can loose your cryptos.
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In the early of 2019 somebody said me cryptocurrency can not give you profit because cryptocurrencies weren't secure. Many countries banned cryptocurrency. So leave your hope. But I don't give up. I know cryptocurrency is unpredictable but no one can stop bitcoin and cryptocurrency. You may lose your profits on crypto at present but someday it will give you your profits definitely.
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Because of covid19 I don't have any job now. So I do some outsourcing job on online to bear my hand money. Sometimes I join on airdrop program. Get some money from those sources.
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Coinmarketcaps this new feature will definitely increase their popularity because people can earn free crypto by completing quiz. It will make people more interested on crypto. And it is a good step by binance.
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I have read many users comments very deeply, some people told pi network scam on the other hand some users defined pi as a genuine. But personally I think pi network is not a fraud project. Because they do all the steps as their road map. And their conception is also different.
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I think the main reason for that situation are the inactivity and inadequate steps taken by the team of that project. Another reason is no one is interested on that coin or token.That type of coins and tokens are very risky. I have lost about 200$ on investing ENTS token which is listed on Mercatox exchange. ENTS has no liquidity at all.
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My favourite coins are bitcoin,ethereum,xlm,xrp,electroneum. But currently I am holding electroneum and bnb coin. I think electroneum will be a good profitable coin in future. I am willing to invest on Ethereum coin too.
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Basically it is hard to test whether it is genuine or fake. But usually I always try to research about the team,website,their roadmap before joining on that. I check their social account and their activities on that project. If their Twitter account newly created then maximum occasions I think they are fake. Also I check their project concept to verify them real or fake.
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At first I had used myetherwallet for storing altcoins and coinbase for storing bitcoin,litecoin,ethereum. But nowadays I usually use trustwallet most to store my cryptos. I have never faced any technical issues or problems on trustwallet till now.
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It is not easy to predict on cryptocurrency because it can dump or pump any time. In my opinion you can invest on eth,bch,btc for short term and can invest on lbc,etn for a long term investment. It's only my opinion. Before investing on any crypto please research about the crypto. The more you research the more you learn about that crypto.
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My opinion is a little bit different. In 2015 I worked on various platform and earned almost 0.3 Bitcoin. That was not a huge amount on that time so I sold them all at a very cheap rate because I was confused about bitcoin's future. But after some months I have to regret myself. Still I think about my stupidity I did. After all I am not hopeless. I still believe I can achieve more than that.
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In my opinion bitcoin is slightly risky but not too much risky because I think bitcoin is now more stable than before and it has a very little chance to below down 4000$. Though expecting cryptocurrency is tough,I think bitcoin will not dump too much.
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