It is indeed disheartening that such happened during the trying times of cryptocurrencies. Nevertheless, they attained such height because they were hyped and today we have seen the result. Coins like Eth has survived because the team knew exactly what they were after, what they want to create etc and that's what matters.
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Thinking about this dead projects will only bring back painful memories. However, since they are dead I don't think there is anything that can bring them back not even hype. With that being said, I don't think there is a way to make money off them, it's better to move on and forget them.
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Woow, in the other thread the fellow lost his XRP key now here you lost your ETH keys. Am sorry to tell you that virtually no one can help you because there is a reason why it's private and remains like that. However, if you used it within an app you can play around the settings to see if there is a way out.
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Looking at IEOs or rather projects that has taken the IEO path in major exchanges, they tend to sell out fast thereby getting the needed funds to run their project. So, banking on this, I think the shit from ICO to IEO is a profitable one and will likely last more than ICO.
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Sorry mate, but it's long gone. In the crypto space, any wallet or account with secret keys or private keys is under the sole control of the owner of that account. So if you have lost it, then there is no way to recover it because you were meant to protect it from the onset. Sorry for your loss.
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You did the right thing and that's good you took such step as most finds it hard to do, use case is the way to go now in this space. Also, another step you should take is towards ensuring you keep close eye on your holdings, make sure you follow the news about those projects to be aware if there is any platform upgrade like swapping and the rest. Goodluck.
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Since you are a newbie it will be wise to first understand all about long term investment of which the first lesson is; after buying any coin ensure to monitor it once in a while so as not to miss out on major upgrades like swapping. In addition, in my own opinion, ETH looks good for long term investment.
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By doing so means Idex is no longer a decentralized exchange as simple as that and they should wait for the end result which will be bad of course. The main reason users, investors or traders use Idex is because of its decentralized nature and since they can't offer it any longer means that it's better to check other decentralized exchanges. It's sad they took this step.
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Sure it does and in fact will go a long way in attracting more newbies into being victims. This is one of the things found in ICOs or rather one of the ways in which they (ICOs) tends to bank on most investors. The funny thing is, most the project if not all never got listed on any good exchange neither did they offered any tangible results.
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Well, it might take more time than anyone ever anticipated thus proving a point, which is, predicting something in this space hardly works as the market factors have its way affecting the entire market. Nevertheless, while waiting for altseason let's try and tap into every endeavours that are worth it while increasing our various holdings.
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Taking into account the nature of this space now where only projects with use case survives, I think the best option is ETH. You will agree with me that the team is not relenting. Also, the second altcoin that is good for investing is BNB, their team too isn't slowing down any time soon; studying the project this year you will see the way it grew.
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Thanks for bringing this up and sincerely hope those who are making this mistake will learn from it. Any wallet without backup phrase strictly shows the wallet is in control by the developers and that is the truth. Backup phrase gives the users of that wallet the power to determine what happens within that wallet so what happens if there is none? The user remains powerless. There are many trusted wallets out there, for every coin let's get the good wallet from the developers of that coin and not the ones we think is right thereby installing them.
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Experience can only be gotten through patience. That is, when one is keen on learning something, mistakes will happen, discouragement might set in etc but once the person remains steadfast and patient while learning he will break new frontiers at the same time accumulating loads and loads of experience which were taught through those mistakes etc. Same can be likened to crypto trading, we need patience in order to get experience.
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That is the truth, point blank... If there is no use case then there is no need getting involved with that project. Use case speaks for a project, it shows the world what that project is capable of doing, it shows the world the level of expertise the team has; and it is all these that will attract more investors, users and members into using that project. It's important we stop listening to hype or giving heed to it.
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I agree with your last paragraph. When a project is shilled instead of informing completely we can take out time and know what actually happened or why the shilling is taking place. Also, if it is one of our bags, of course we will join so as to dump on the available person just as we were dumped on in the first place. So it all means that, in all cases make your research and be safe.
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Hardware wallets are perhaps the most secured and trusted wallet. This is because they are entirely offline and entrusted in your care, if it gets compromised, then it means you have out the keys. Hardware wallets is also making waves as most people keeps using it owing to its security nature. Another wonderful feature is, it is easy to carry about.
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Many dead projects are as a result of this; that is developers abandoning the project. Also, in my own view, I think it depends on the project; if a project is duly built and have risen in value over a long time I don't think if any of the developers dies the project will die too, it will continue. Also, in cases where the project has good use case, it can be adopted by another project or an investor thus continuing developement while the project still maintain its value or the coin swapped to the new project.
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Irrespective of how IEOs are growing and the success so far, it still calls for us to be careful and security conscious all the time. Also, we shouldn't be driven by the returns we hear and thus throwing caution to the wind. This is because, most exchanges that aren't capable or have what it takes will rise now to promote IEOs, thus we need to be careful not fall victim of unforseen circumstances.
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Taking good decisions about our life and endeavours comes with great strength. This is because, most times the decision might not work according to how we plan it, but yet we still forge ahead. Bringing this to the crypto space, one can see that taking part in any IEO, ICO or trading comes with its own risk, but since the decision has been taking, it will end up teaching and strengthening us on the long run. Thus taking decisions ourselves really matters and not that of others.
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To start with, I think you shouldn't depend on what you heard about a particular IEO thus using it as a criteria to invest in another. Rather, I think it's wise you study each IEO before getting involved. Secondly, in my own opinion, IEO is better than ICO because there is no rampant scamming as in ICO. Also, if IEOs are properly managed, they might last long term. Nevertheless, taking into account how innovative this space is, there might be new one tomorrow offering better features than IEO.
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