I haven't see any good and real crypto giveaway for sometime, and i think it won't be exist for now. There are many fake gievaways on youtube, the scammers are still trying to scam peoples there. We should be very careful when we need to send our money for get multiple comebacks, most of them are fake.
They target beginners who just enter into the Crypto world, usually beginners are easy to believe when lured in with a Giveaway. The scammers send via email then when someone clicks on the phishing email link, important data will be successfully stolen. I hope beginners to be extra careful about this. There have been a lot of posts warning people. So if new people are lazy to read and learn about them then I believe they will be fooled. And they need to be fooled in this market 1-2 times then they will gradually recognize and know how to avoid them
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These are just a few examples of scam projects in this market. In fact, I have encountered a lot of scam projects in 2019 and 2020. Surely we will encounter many other scam projects in the future because the current market is very difficult and many new projects will become scam because of a lack of investment budget
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I see people advice to buy cryptocurreny that is in top 20-50. They are quite “old” now. So I was wondering, why no one wants to support new project and advice to buy alts, that run bounty campaign? No one trust new projects anymore?
No one will trust new projects, because their prices will collapse and fall to the bottom. Over the past few months I've seen many similar projects. As soon as listed in the exchange, the price will go down every day and make investors lose
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To avoid collapsing prices, you need to sell them in small portions and last for days. This will help you not to lose too much and also help prevent project tokens from collapsing
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I'm not familiar with this projects but it seems they put a good strategy (based on what you just posted here), specially
1. low quality cap, then they pump it up 2. many members see it an opportunity to make money, join the bounty 3. BM is rude 4. Now it is a shit project
@bitbollo has put a good investigation and even posted a scam accusations against the project.
So everyone should watch out about this low cap projects or shall I say "low crap" as this is another way to attract investors and bounty hunters to fall for their trap.
@bitbollo he did a great job, he saw this was a scam project in the first days. And now this project has become a scam just like what he has analyzed. I just hope someone can punish these scammers
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My income comes from many different places, main job, bounty, trading ... Even I have never summarized them clearly. But for this market, I also get some pretty great profits and it helps me survive in this market to this day.
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Never invest in this project because it is ponzi. Stay away from ponzi projects if you don't want to lose money. Also if you promote Ponzi, surely your account will be tagged.
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This year might be different, honestly I've came across many good projects this year so far and 70% of this year bounties are all trading on exchanges, this will encourage people like me to keep trying and never think about giving up
Agree that there are many bounty already listed at the exchange. But I'm still a bit worried, I'm afraid they will still be like the bounty not listed at the exchange. Delay distributes and forgets it like previous campaigns did
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I do researc more times before investing in a any new project. i research their website, team members how they are experts, project roadmap, partnership, Trading volume, where it's listed etc. I think Nrg, BNB, XXA and XLM have bright future.
XXA? This is a scam project and you compare them to the top altcoins in this market? Please don't confuse me, you are shill a shitcoin here and could get new investors stuck there. Don't care what he says, he's just promoting shitcoin to people stuck just like him. Recently I have seen the airdrop of XXA project, obviously they are ponzi and scam in this market
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Your second point makes lot of sense OP, joining more bounties is like creating more chances of success for oneself, and yes not all bounties will pay but the higher the chances the better, time is running fast, promoting five projects in a single year isn't good enough
Sure, if we participate in more bounty, the chance of getting money will be higher. Currently I am trying to spend more time on bounty because I see there are too many good bounty. Certainly in 2020 bounty will not make people disappointed
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With IEO, you can raise money to develop a project. And can just list your project at that exchange. But this is only suitable for start-up projects, and it's risky. IEO may fail and no one will trade it
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There is only one way to find out, and that's through hardworking, I have a friend of a friend who earned 32k from bounties combined in 2017, maybe such day will return or not but sitting around doing nothing won't give results right?
I know a friend earned 30k$+ from a single bounty campaign since 2017, can you imagine? I think when this amount wasn’t too difficult from a several bounties. It’s was past so i think do not expect such payments, it will never possible if you enrolled thousands of campaign, because payments aren’t guaranteed. How can he earn $ 30k with just a bounty? Has he used multiple accounts and participated in many different tasks? $ 30k is really a huge amount of money, if that's true then now he doesn't need to participate in bounty again.
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Currently, USDT daily trading volume is over the Bitcoin trading volume and fourth highest market cap according to Coinmarketcap. My opinion is We can't trust the centralized stable coin to keep the money. Also, news around the USDT is not good, and it may be shut down by the authorities.
What is your opinion about the USDT coin?
I use the DAI to keep the stable value & will shift to the SAI in the near future where the money I'm not investing.
I think if we do not trust USDT, there are many stable alternatives that can be used. With USDT trading in many large exchangers, I think we can trust it and can be used for transactions Can you recommend me other alternatives for USDT? I just know USDT is the biggest stablecoin in this market and it's the safest. In addition, the liquidity of USDT is also very large so we do not need to worry whether it will collapse or not
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You're right, novices often don't have the experience to choose good projects to invest in. So they should go to the top altcoins in this market. It may be less profitable than other altcoins, but it certainly won't fall apart like altcoins outside the top 50 or 100.
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The sweetest time to enter the market is during a crisis (a price downward spike) because crisis creates chaos which spikes emotions.
When emotions are high… intelligence is low
But… if you know what u are doing as a tradee during crisis, your intelligence will be high
By trading people, you research into the head of sellers and figure what they are thinking and you can focus on people's reaction in the market that way easily.
Absolutely agree, If someone has experience in this market, they will make a lot of profits when the market collapses. They will take this opportunity to fomo or buy altcoin when it collapses. Like saying, be greedy when others are afraid
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It's just a junk token. Maybe someone is trying to test and generate these tokens, I see a lot of junk tokens being generated every day because it's not really that difficult to create. . And you should remember that never invest in tokens like this, obviously it's worthless and a scam
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You can earn more in bounties than joining in airdrops. There are many ways to earn more in bounties like the signature campaign, social medias, translation, youtube and more.
I agree that bounty will help you to make more money. But I think you need to wait longer to receive those bounty, those projects will constantly delay distribution and don't want to pay bounty hunters.
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Monero is facing the toughest battle of its life with regulation, few exchanges have delisted this privacy coin already and even days ago huobi Korea delisted monero on their exchange, it's good the team aren't stopping
A few days ago I also heard the news that the Korean huobi had canceled the Monero listing, which was really bad news for the project. But I believe the group will never stop, they will continue to develop their project. At least they still have plenty of support exchanges, and the most recent ones are from Thailand
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Made a move yesterday after coming across few threads about coinomi wallet in wallets thread of this forum, missing funds, stolen recovery seeds, some said it's coinomi team, some blame SSL but I don't want this to happen to me, I finally switched to Trust wallet even though it's not fully open source, I hardly heard anything bad about the wallet.
It's a good move, Trust wallet is the best wallet in the market so when you move there I believe you will never have security issues. And your property will always be safe. I have been using it for almost 3 years but I have never lost any token or ETH
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