Staking does not take any computing power from the user, it's not even a question, obviously it's more profitable.
If, of course, you know where to put your eggs, like the recent XTZ stakings, very profitable. You can easily make 10k a year only with a 100k invest.
It is clear that staking is a more effortless and easy way to make money. Getting rig needed for mining and having high costs are not desirable. The only problem with staking is that it is frozen for any time. If you have other opportunities during this time, you will have no choice but to wait. but indeed with staking, we do not need a lot of costs, we can easily get additional altcoin without work, just save it in the specified wallet. while with minning, aside from large capital, we need high operational costs, and I think net income is not satisfying at the moment |
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Sapiens and Elrond, added
Thanks for your help guys
sapien is a crap coin and look at the valuation of the sapien coin https://coinmarketcap.com/currencies/sapien/I may feel agree if you are adding elrond or algorand as the best choice. I still prefer algorand as you can stake your coins too at the same time and it has a very big daily trade volume. This is my 2 cent I have joined sapien before and I think it does not have a high potential now nor the best coin. I may say that one of the best coin is XRP, aside from having an affordable price, it has also the fast transaction among all my coins ever. It takes only a minute to transfer and to receive. I am having a lot of xrp now and I will hodl it because I believe it could be a best coin ever. with a product of such choice, which is a fast transfer process, I think it will be a favorite for bitcoiners. moreover xrp remains in the top rankings of coin marketcap, although many doubt that altcoin is semi decentralized, but time will prove that and public trust that will judge for itself |
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If 2019 should have been reversed back to 2017, just these once what would decisions will you revert?
No one can play with the past, if we can all go back to the past no one will be able to change anything because Fate can't be tampered with, those who make millions in crypto last bullrun are destined to make it that big, I was around at that time but I never expected such growth, never saw it coming at this time one can only hope for the glory of the past to recur, but no one knows about it. if fomo happens, can we survive until the price reaches the peak? therefore enjoy market conditions, and we can still create a profit actually by trading, except for those who lose assets up to 70%, it will certainly be a burden |
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Here are some projects that get listed on exchanges but ignore bounty hunters and airdroppers like they don't exists
1. Sparkpoint
2. Decimated
3. Nestree
4. Sero
Etc.
Any one has a solution to make this stop? if developers can't keep their promises even when they raise fund successful why needing how help to create awareness then?
Most new projects are scam, Bitcoin and few top altcoins are worth investing on, I will rather buy Bitcoin and top 10 altcoins then hold for several months, if there is any little profit I won't hesitate to pull them out Indeed, it's sad but it is the reality most of them are made to deceive others particularly those people who doesn't have enough knowledge like newbies. Everything is possible when it comes to money and scammers these days are willing to do anything just to get the benefits they wanted. It is the reason why many of us are in doubt on investing in new projects because there is no assurance that it will be worth it and profitable. indeed there is no guarantee, but we must learn to analyze in order to secure ourselves from the scam project. if you experience a scam project, of course you will get regrets. With market conditions like now I prefer to invest in the top ranking coins, I think it can reduce the risk |
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Good or not website project investing like IEOs and ICOs looking whit how they made whitepaper, many scam investing project using fake whitepaper where they stole from other project and use for their self, when you careful by reading their whitepaper side you know which one real investing project and we know have to invest or not with their ICO investment.
Whitepaper can not be used as a benchmark if the ICO or IEO projects are legit because now there are many projects whose whitepapers are copying from others, investors should be able to choose and research more closely to avoid scams or shitcoin projects. it is true that many whitepappers have been manipulated, made the best they can to find many investors, many investors have been trapped by the good white papper, and in the end they regretted that the project development was not as expected. I prefer to research the team's experience |
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we must be able to distinguish between kyc which is beneficial and which is not. sometimes kyc is announced at the end of token sale. for me if we give kyc only for a $ 25 gift, I don't think it's worth giving our identity. we can count the losses we bear if bad things happen to us, moreover there are doubts about the potential of the project for the future
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I spent most of my time doing research on many altcoins, their old price to the present value and i find out that even if you sell your tokens today leaving few tokens worth few dollars for many years can worth something. For example if you left 9$ worth of bitcoin in your wallet since 2012 you would never have imagine what it will become today, in jan 2017 you can buy 5000 pieces of Ripple at 0.007$ which costs 35$ and in jan 2018 a XRP cost 3$ which turns 15000$, there are many examples like this on CMC, remember Tron too? My point is its bad selling off all your coins, if you needed money that bad always leave coins and tokens worth of few dollars left in your wallet just in case
Yes sometimes its better to keep them for years than selling it at huge loss it will be more regretful if you see those you already given up skyrocket in the future. Though its very nasty to see some coins lost their 90% value but we cannot consider that it is over yet. for potential projects, of course this is not the end of a failed project. so it never hurts to hold it for a long time, rather than we lose quite a large percentage. especially with the intention of early long-term investment, of course we must stick to the original plan, indeed this time our psychology is tested, and therefore we do not indulge in emotions for a moment |
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I just saw their official announcement here https://www.alibabacloud.com/blog/new-solution-for-third-party-logistics_595584 and https://www.alibabacloud.com/blog/securing-deliveries-with-smart-technologies_595585The important point that I got is the business model being employed under the 3PL approach includes the use of low-cost and versatile frequency sensors that would be installed inside Shipping Containers to monitor their movements and status via the immutable Credits blockchain database. And the use of the Smart Payment Service based on the combined Alibaba Cloud and Credits blockchain platforms is a solution that is currently being implemented by the companies in the Chinese market. The Credits blockchain provides secure transactions between the parties to the delivery process and logistics providers, such as DHL. What do you think about this guys? Will it have a positive effect on the Chinese government regarding cryptocurrencies and blockchain technology? Or even have a big impact on other crypto communities? I think slowly every corporate would be willing to enter the blockchain world using some tactics. This is Alibaba's try, we have already heard facebook's libra to enter the arena slowly you would see companies like Amazon, Google and Apple entering this world too. These would be real ICOs which could revolutionize the whole world and bring the world over blockchain. I think all these projects are worth following. Due to the great strength in blockchain technology a lot of investors will be wiling to invest in these projects too. loyal community that already exists on alibaba, will certainly help the ICO that they will carry out, by reaching it in the crypto world, meaning they see crypto opportunities for the future, of course we look forward to attractive promos that will be at the beginning of their journey to the world of the blockchain. lucky for us who already know blockchain, so they can quickly take advantage of this opportunity later |
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Banks will add cryptos to the system, maybe they will even build their own app on blockchain system, everything will be changed, they either join or they perish.
I think banks will also join the blockchain system in their banks as I know banking is one way to store money but after the arrival of crypto I now people prefer to store their money in form of investment than storing money. I hope in a few years the entire banking system will start to adopt the blockchain system for making money storage its also helpful for the future of banks. I think saving money in a bank will be a loss, comparison with the inflation rate that occurs, then the interest in saving in a smaller bank. therefore it is better that the money be invested in cryptocurrency, or property, maybe gold can also be an option. banks are smart they collect money from customers and loan it back with high interest |
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I guess fraudulent is not preventable but you can minimize being a victim if you will be very vigilant in your actions towards your investments. Doing more research before engaging to something which includes money will reduce the chances of being a victim of fraudulence.
knowledge is the best way to dodge fraud. and where ever you are, in any platform, there are many fraud that hunt ever person move. ask to someone that know about that thing, get more experience to make yourself expert, and sometime, you need to be victim to get more experience Knowledge is power, if you have right knowledge you can easily avoid scam projects. People are becoming blind to rewards and that's why they keep losing in fraud projects. Remember that the scammers are becoming more intelligent than before and there are studies saying that the victims of the scammers are keep increasing because of the investors who doesn't have right and enough knowledge. With proper study, by making your time valuable and studying a lot of things, it will make you confident and can easily say no to scam project and I have seen this to some expert people I introduced a project to them to have a look at it but after scanning they can easily say to me that it was a scam, I told them that ' NO ' it's not a scam as it has office, real product etc etc, and they explained to me why, then after few months they were really right. If it would be so simple to avoid fraud in the cryptocurrency market, then this topic would not be so relevant today. As a rule, more fraud is received by ordinary cryptocurrency users who invest their money in new projects, rather than large whales who possess large volumes of the highest rated cryptocurrencies, which do not raise doubts about future prospects. New projects are sometimes difficult to analyze. and this is where many people fall into the scam project that eventually drains their money. it's safer to invest in coins that are already trusted, but the problem is many people want to get a satisfactory return, so they are following a new project |
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Until now, problems related to scams became a global issue, because scammers are everywhere. Not only in the crypto world.
But strangely, the deception that occurred in the crypto world was more in the spotlight in the eyes of the world, therefore ICO
projects were a scam, become negative effect on the crypto world. We as crypto supporters must try to educate newbies so we
can avoid scam, because there are many newbie victims of fraud. I hope next year the number of victims of fraud can be reduced
drastic, because I'm starting to see now that people are good at distinguishing between real and fake projects.
Even though there are a lot of scammers in the internet, you can still protect your capital if you have knowledge to the investment that you will take. There are investors who easily believe to the attractive words of scammers. You can easily find out if the project is something fishy or not if you will research it background well. There are techniques that you can use like reading the reviews of the other investors participants. In their reviews you can see if the project is legit or not. Everyone is different but I am why past the point in which I try to figure out if a project is a scam or not, the most effective way to protect yourself from scammers and their lies is to never send them even a single satoshi, if that means that I'm going to miss investing in some of the best projects in the market so be it I do not really care anymore. I am not going to enter the game of the scammers, I'm not going to try to figure out if a project is good or not, and in my opinion this is the only way to protect yourself completely from scammers. Well yes that you will be secured from scammers and hackers but you'll miss lots of opportunities and i think it is part of the risk that we're taking when we enter the crypto world, it is our job to research about the project that we're investing with because once we found out that its a scam, we can warn others specially newbies about that specific project that only scams people and you could save other's money by your research. at least by doing our research, this will help new investors who may not have been good at researching a project. so the scam project is expected to not get investors and automatically fails by itself. if the movement is carried out then indirectly we have helped maintain the good name of the crypto world |
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There are both advantages and disadvantages to doing KYC. Some of the advantages are; Scamming and money laundering can be lessened or avoided by knowing someone's identity, trust can be built in both parties, although these advantages can also be the disadvantages of doing KYC. By knowing someone's identity, they can track your every transaction and the important information they have about someone can be misused once the information have gotten into wrong hands.
The provision of passport data is not pleasant for cryptocurrency users, because almost half want to remain anonymous and not pay taxes to the State Treasury from activities in the cryptocurrency market. This is where the negative is seen for cryptocurrency users in providing KYC, but basically you said the right things about the benefits. And if we say that someone can use our passport data for fraudulent purposes, and of course there is no guarantee, then in this case there should be some control over the storage of user passport data. In addition, one must take into account the fact that banking institutions are not always state-owned and no one expresses indignation when banks require documents and personal photographs. I think as long as there is protection from the government, the request for self-identification is no problem. which is a problem because the current position of cryptocurrency has not been legalized by the government, so that the act of misusing personal identity is possible, and there is no legal protection |
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I have recently been quite curious about the many debates about which currency is better.
Many people say that they will choose Crypto because it is convenient and creates a common currency, bringing equality to all countries.
And some people choose Fiat money because they've been used to using it for decades and now they have credit cards and wallet payment apps online, so why do you need crypto?
Which side do you think is right? I want to hear from you sincerely.
Can i choose both? Because right now cryptocurrency is still hard to use and not all establishments accepts cryptocurrency and still fiat is the best option for that. With regards to investment, of course I’ll go all in to cryptocurrency than to fiat money because of low interest when you use fiat money. Cryptocurrency and fiat money are both good, and fiat money will stay even on a bad days. between cryptocurrency and fiat currencies have their respective roles for now. we can use cryptocurrency to make money, but it's still difficult to use for payment tools. whereas with fiat currency, we are free to trade, so by making a profit from crypto and realized in fiat currency, I think it will be more useful |
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I have seen many reviews about the current new altcoins. Most of them are marked as worse coins with cheap prices, while the rest coins are indicated as scams or shit-coins. I rarely saw people stated that new altcoins are worth for investment or trading nowadays. However, new altcoins are always born from ICO, STO or IEO every month.
So, my questions are
1. Why there are still investors in the new altcoins project? For what they invest if they know new altcoins are only about risks and losses?
2. Who are those developers that always create new altcoins projects? Don't they know that most new projects just ended with failure?
*Warning: Sorry if these questions are ever made by someone!! I never copied or got an idea from others. This is my own opinion.
You can't say that Ethereum isn't good coin. After launched Ethereum also dumped but we saw in the last bullrun. Cryptocurrency loses huge billions of money until recover the money, you can't hope for a stable price of altcoins. New coin is also holding some investor for long time even though losses. high fluctuations force us to learn to use the moment. we must be able to sort out which altcoin is feasible for the long term. if we are in doubt, I suggest to take profits in the short term, so that the funds we have can be placed on the old altcoin that has been tested, and it will make us psychologically good |
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Instead of buying the stable coins without back up, you can go for the BTC or ETH. The volatility will not hurt you unless you have a hundred Bitcoins. It is a better choice than blindly following the advice of stable coin suggestions.
He already said that he just can't. He can't the volatility of bitcoin, ethereum and other coins as well. He don't want to bet his money on bitcoin that's why he's looking for much stable coin that he can save his wealth with. It's the top choice that he can make but whether he'll follow the bitcoin advice, there's still some changes that might happen in the future. What if the gov't becomes active in crypto, they won't ban it but regulate and get tax from profits there? so there are other things that op has to consider. even though bitcoin or ethereum is a safe coin according to many people, high volatility is inevitable. therefore I don't think it is the ultimate solution to put all wealth in crypto. it would be better if all governments were to legalize, even though collecting taxes, would certainly be safer and get legal protection from the government |
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In most cases, the developers are the dumpers, they dump their tokens and leave investors to suffer. Private sale investors also who usually get the tokens significantly cheaper than ICO/IEO investors don't help, especially when they see price tanking.
In the case of Tokoin, I believer the exchange has a lot to do with it, a good exchange goes a long way in sustaining a project's token price.
investors and tokoin holders understand well that the project does have good competence as a digital identity / bookkeeping for micro businesses, especially in Indonesia, so it is not a passive coin in the long run. Your analysis of the average project is like that, their weakness is not determined by what is obtained by the bounty hunter, because they only get a minority stake. basically if the team wanted to work on the project really really I don't think such a thing would happen. Prize hunters are not the main reason for dumps, they only hold a minority of outstanding tokens. I think investors and teams who have more power to do that. therefore if the team works hard to develop the project, I don't think that will happen |
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That's right don't spend bitcoin right now if you don't want to lose the chance to get a big profit. My suggestion is better
for now we hold bitcoin that we have, because halving will occur in May 2020. If you spend bitcoin now it's very unfortunate
because the price of bitcoin is still very low now. It's better if you want to sell bitcoin after halving is finished or sell in 2021,
because surely the price has gone up. According to my prediction, the minimum bitcoin price might return to the price of
$ 20,000. So we have to be more patient to hold bitcoin now.
We are in the same position mate, even I have few amount of bitcoin I will still not spend it because I have plan when/where i'm gonna sell it. Spending bitcoin in this current state of market is not good decision because you're just waste the opportunity to become rich in the future. We really do not know if bitcoin will reach again it's all-time high price but the best thing to do right now is to hold and earn more bitcoin. My main plan to my bitcoin is to sell it when the price surpass its all-time high price. selling bitcoin at current conditions, of course, besides harming ourselves, will harm global market developments, because if this is done simultaneously it will worsen current market conditions. at least if we cannot add assets then holding it is a good choice. that way we contribute to maintaining bitcoin until later it provides a satisfactory return |
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I think there are many points of arguments here. Firstly, what is your basis for finding out that these "investors" are going through very bad times? I doubt that investors don't profit from any kind of investment, especially in cryptocurrency, considering Bitcoin isn't the only crypto to exist. Secondly, what do you mean by "...due to the poor state of the cryptocurrency market."? Just because the market price of any cryptocurrency isn't in the green right now, doesn't mean its "unhealthy", volatility holds its meaning. And lastly, what do you expect from these projects? Me personally, I don't expect as much, not only they don't have a solid purpose on developing the so-called projects, they also don't have an "acceptable goal" for the project or any future extensions of the project, that's why when it's done-- it's done.
When got profit with their investing is called good investor, how ever expert your are but always failed analyze with altcoin or ICO project investment you not good investor, good investor will check information about how to get much money with bitcoin and altcoin investing. try to give best thing for their investment to get much profit and always check how accurate information about their coin want to invest. Exactly what I mean. Investors don't deserve the name if they don't know what's good or bad--actually that's basic knowledge. But then again, when it comes to investments there are a lot of things to consider before you could assure that something is good or not. Why would you even invest in something that you yourself isn't sure about? do not invest if we are doubtful about a project, it will not make us a mature investor. and such behavior is the same as gambling. therefore confidence in yourself in analyzing is needed to become a wise investor, so as not to lose the capital we have. but if we get the wrong analysis, don't be frustrated for too long |
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For me even if you are on the 40th floor if your product is really profitable and will help me in the day to day activities I will go to buy your product. It's the same with choosing coins that have real use cases that help crypto world to develop, and also unique products that will help you make a good profit in the future.
Yes, it is very important for us to use worthy coin and before investing our money we should see if the coin is good or not. We should check the potential and past of that coin. For making an investment it’s important to choose well-trusted coin only and work while you have money. A coin must have a strong future and it must have a good number of investors. choose coins that have a real product and are needed by many people, so that the coins will last a long time and always expand. therefore do not be mistaken to analyze, so that our funds are not lost. the easiest is to choose coins at the top, where the quality has been tested, making it safe for long-term investment |
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I have read several threads that say "fiat will die and will be replaced with crypto" as you agree? I personally do not agree. because when the real system is already established in value and a new system comes with a fluctuating value, the government will not take that risk. But do you agree if Fiat collaborates with crypto in building a future financial system? without killing one system. share your opinion about this.
no , i dont think so. Crypto should not be in any country's payment system. why i think so? because this is a risky market and adept speculators call it game of money. This is not a normal financial market, this is a market of price manipulation. Therefore, businesses holding lots of coins only increase their risk. I think our society should only have fiat money and some fast payment wallet systems, that's more than enough. I don't think so because I think we can use crypto as payment and we can buy all those things with crypto which we have dreamed of. Crypto is gradually getting so much value as a source of payments. Even in some countries, bitcoin is being used as money and as it’s getting the digital system so we must have some bitcoins in our digital wallet to use as Time of need as crypto has a bright future. unfortunately not many countries have legalized it like that, so bitcoin is not free to use for payment. I think by placing crypto as an alternative payment method, it would be better, but unfortunately the government is still having a hard time releasing the centralized system adopted today. |
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