Anyone doing this really needs to be pity on. How can one make such Investment decision on a big project like this and the news isn't anywhere. Really this shows that there are many investors who still have a lot to learn in this space. Nevertheless have read a new on Facebook coin not going to happen again, still waiting to see how it plays out.
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Welcome to the crypto space. To answer your question; IEO means Initial Exchange Offering which is hosted in exchanges in order to limit the rate of fraudulent activities targeted on investors. Before IEO was ICO which means Initial Coin Offering, but ICO has high rate of fraudulent activities thus leading to the advent of IEO and since then the rate of scams has reduced.
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Thanks for the warning. Owing to the rate of scam or fraudulent activities targeted on investors I think the best way of storing any coin is using the trusted wallet we used to know not some new applications that just appeared from no where; unless the application have been tested and vetted by the team incharge of such project.
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Since IEO is trending now, I think it's best buying via IEO as it is cheaper and if done in a good exchange will give a very handsome reward. Nevertheless, there are still projects which are very trustworthy that when listed won't dump rather grow, so if you come across such projects you can get in but if you didn't you can study the trade to when to get in when listed.
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Funny as it sounds but that will be an ever asking question, people will never get tired of asking it. The funny thing is, even after asking and getting the answer they want they might still end up not buying it because they might think it will dump etc. So in my own opinion whether they ask or not of course they will, the greater part is left for them to decide.
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Analyst hyping coins have done more harm than good to investors and should be stayed away from. Also, Investors should learn to make their own research before going for any thing be it ICO, STO or IEO just like you said. It doesn't worth it listening to them but it worth it making your own research then comparing with what you hear from them to know if it's true or not.
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I don't think there is any trend though, it's all about you going for what you want. Some only prefer trading and others don't, while some prefer only mining at the same time there are others who go for both. So the question is, what do you want? When you choose go learn everything about it before starting
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In this space, everything is possible. Also, hearing that many projects as high as 85% has lost value didn't amuse me though because it was expected. There were many projects created which are just useless, no good team, no goal etc what do you expect? Some are just pump and dump coins. So to me, it's not new and also there are new ones that will still be useless or have no value soon.
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Well yes, bot helps traders to make profit but it depends on the type and features it has. There are many bot that can't be used efficiently and will only end up giving losses instead of profits. Like the one you mentioned, I will check it out and know more. Thanks for sharing though.
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As the name goes, bounty manager, that means they are just managers and as such have no say nor will they determine a project that will do well. They are just hired to do a job which they will, so thinking they can determine the success of any project is wrong because they are not super humans.
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Although it has been long I had anything to do with airdrops but I have not seen anyone requesting users to sign their address. But however, I have seen many asking for private keys or directing users to a phishing website. I think the days of airdrop is over as they hardly amount to anything good.
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Staking is good when done with a good platform however the reason why most individuals shy away from staking is that most times it's been used as a way of luring individuals then abandoning the project altogether. I believe there are good ones out there but we should ensure to make our research first.
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This shows you aren't doing the right thing. It's okay to say you missed out on a trade but saying it makes you poor means you lack the right knowledge about trading. I will advice you to stop and then go for the knowledge as well as meeting a mentor who can teach you all you need to know; it might take time but it will worth it.
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I agree with you 100%. I don't believe in storing any key online to avoid unnecessary circumstances. In my own opinion it is better storing them offline. In the case of backup phrase I write them down while in the case of private keys I print them and keep offline; all area stored in a safe place where only I can access. Security needs to be paramount.
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You are right, real world adoption is one of the things that will reduce the volatility of this space. The problem is, most projects are only hype while the team within most projects are after their own pocket thus not caring in whatsoever written in their whitepaper. I think once the right step is taken there will be a tremendous turnaround.
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Let me ask a simple question; the harms caused by ICOs can it be equated to any harm you think in IEOs? I think the answer is NO. In IEOs there are no scams only risks which to an extent is understandable. Exchanges only verify projects and team in there own way but can't guarantee long term sustainability of any project, thus left for the investors to do their due diligence.
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I see it as a normal thing in many exchanges which is targeted on coins that doesn't have a good volume within that particular exchange; thinks because a coin can have a good volume in exchange A owing to the user base of that exchange while having poor volume in exchange B, thereby in this case exchange B will have no choice than to delist it.
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That's really a good analysis on Nano, but however I can't believe there is any coin better than Bitcoin not even the number 2 which is ETH. Bitcoin has lasted years thereby growing from strength to strength while being valuable with each passing day or year. Bitcoin is already on the way to getting into every nook and cranny of this world; almost everyone in this space holds Bitcoin but how many holds Nano?.
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To be frank, I find it hard trusting any ICO rating platform whatsoever because they can easily be manipulated into giving projects goo rating. I think the best rating is the one we do ourselves where we carry out our own research thus knowing if a project is worth it or not.
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You are right though, that is getting paid in BTC or ETH; this will encourage participants of course but most projects won't do such. Only few which promised to pay in BTC or ETH fulfilled their promises. Also, most times they are used as bait to lure participants. On the other hand getting paid with the project's token can be profitable too depending on the project and the team. I think there is hardly anything participants can do in cases where rules changes as the BM is always in charge.
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