ofcourse covid19 has negative impact to our economy, personally my income from regular job as business owner decrease alot on this pandemic . people prefer to stay at home to avoid corona virus and it will decrease their personal spending. they will carefully manage monthly spending , and it will have direct impact to national economy growth.
That negative impact can be felt everywhere! The poor ones are hurt more than others, it's what happens in every crisis. What's the biggest problem now is that nothing is over, and new problems are coming. This year is already hard for many people, and now we need to be smarter than ever because I think the worst is still not behind us, we need to prepare for bad times! |
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I believe that trading requires a great deal of skill and expertise. It may be unprofitable to those who are not skilled in the process and that could lead to more losses. The trading competition is more of a marketing and advertising strategy deployed by project developers to attract more people to the market. This explains why rewards are given to the people who showed outstanding contributions to the exercise.
You don't need expertise, you need money and time. If you have a bot to buy and sell for you with some minimal gains you can let it run for days and more money you have more will you wager, you can do it manually too, but it will take a lot of time and energy! To win the competition you need to have a lot of trades, it's all about that. You can't win it without losing some money on trades, without profit, here it's important how much you trade, not the profit you make. |
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NEM was a good project in the past and I think it's still a good project! They don't have an advertisement like others, but they are doing their job and their time will come. I have my NEM on holding, and I can just add more to this amount I have, NEM is a great long term investment and I will stick with that!
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If it's just an airdrop and ask KYC or required payment, I choose to leave it if the payment I get is not comparable, but for your case 100% I will leave it for whatever reason. Now, many reasons and way are made just to scammed not only investors but also bounty/airdrop hunters. We need more carefully.
Even if that was a trusted airdrop and will we sell our identity for only a few dollars? that's the worst thing that i have ever seen in my life and i remember so many people have been participating in the old KYC airdrop and they were also getting scammed. They ask for $9 dollars before they sent 100 CHF in coins! It's a scam, if this is a regular airdrop they would just sent to people with a valid address, who will the form! With or without KYC, some airdrops ask for KYC some don't, but to send them money for the airdrop is a clear scam. And not just to send them $9 to do a KYC too, I think we have some greedy scammers! |
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Well!! Did you know? Stellar is performing really well in the crypto space, several crypto experts assume the stellar price will rise high in the coming next months, and gives good returns on investments. Here: https://coinpedia.org/information/stellar-price-prediction/Let me know your point of view on this? During the last pump, I unfortunately bought XLM at the top at around 780 sats and now waiting for it to retrace it to my buy-in price. I am not in a hurry 'em as I entered for a long-term hodl and it is good to see that XLM is going back up I am for a long term with stellar too, I have it for a long time and I just add more when I can. I don't follow Stellar fluctuations and I don't trade with it. I am still with top coins for trading, they have the highest fluctuations and for me, that's the best for trading. Stellar still has a lot of development, but one day we can expect great things from Stellar, happy holding! |
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Guys, specially those who have been in this crypto world for so many years, kindly share your views on potential 10x altcoins in next Bull run ??  There's a lot of potential coin which could probably spike in upcoming bull run, I'll mention here out. Here's snap list of them, 1. Bitcoin (BTC) A digital gold. 2. Ethereum (ETH) A programmable money. 3. Bitcoin Cash (BCH) A bitcoin clone. 4. Ripple (XRP) A payment network. 5. Litecoin (LTC) A way more faster than bitcoin. 6. Dash (Dash) A privacy bitcoin clone. 7. Neo (Neo) A chinese market ethereum. 8. NEM (XEM) A batteries digital asset. 9. Monero (XMR) A private digital cash. 10. Ethereum Classic (ETC) A ethereum clone. 11. IOTA (MIOTA) A I-O-T payments. 12. QTUM (QTUM) An ethereum contracts on bitcoin. 13. OmiseGo (OMG) A banking and exchange. 14. ZCash (ZEC) A private digital cash. 15. Lisk (LSK) A dapps in javascript. 16. Cardano (ADA) A layered currency. Feel free to check on it, best of luck. Very nice list of 16 coins to invest in it for a long term holding. Some of them can even be profitable in short term as well, you never know that. I think that anyone can find a good investment in these 16 listed, there's something for anyone to choose from, is it payment network, smart contracts, or anything else. I would start from the top, it's the best place to start from and slowly earning or investing in each of them! |
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Right now I'm telling you guys that few projects that are backed by gold aren't even real and they are successful in this space, it all comes to say thing, there is no proof, imagine what kind of regulations it will required for a crypto to be backed by real gold? People are too foolish
Some new projects are ready to promise anything to attract people. Except for gold, I saw bounties that claim how they are backed by other precious metals, big industries, and markets. I don't fall on that, and it's stupid someone to believe in that. If they really are backed they would invest more and make better marketing campaigns, and all that would be paid in Bitcoins, not in their worthless tokens. |
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now the pandemic is predicted until the end of the year. in addition, the number of positive people has also increased. however, now people are getting used to the pandemic. some cities in my country are already doing normal activities. besides that, the numbers of positive people have also been rarely informed, maybe because there are so many.
It will last the entire year! New cases, higher numbers again, in my country we have some restrictions again. It will be interesting when winter comes again and when cold days rise numbers of sick people again, flue or corona, bad days are coming. We are waiting for second wave, but there can be a third as well. This year is a mess already, and some tourist countries will have bigger economic problems than now. They can just hope for vaccine, it's the only thing that can save this and future seasons. |
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Investing in new and small coins is dangerous. I think it's better to start trading.
Everyone knows that investing in new coins is risky. But new coins are more important in making big profits. You have to prepare yourself for this, you have to build the ability to find out the good and the bad. You can make more profit than you can by trading all year round, if you invest in a coin that has a very good future. In crypto x10 is not impossible, I think many coins will make that rise in the next few years. For me, a very good future of some altcoin means x1000 and more, not just x10. Many will make x10, but just a few will make x1000 and more, I would like to invest in a hidden gem, and when I choose some coin with a very low market cap I choose it for years! |
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I have regretted not participating in a number of bounty projects in the last few months, even in a market situation lower than now and I have only seen a number of bounty projects grow with good potential.
Here we have many scam bounties, but there are good bounties too. It's still a good time to join some good bounty and earn some coins for the future. I am doing that now, trying to be patient with the coins I have, I am trying to recognize good bounties and participate. It's going slowly, but it's going and believe that market will rise once again and all of us will make a profit! |
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I think the economy is a management tool in the hands of the government. After all, the government takes all decisions taking into account the current situation on the country's market and regulates this situation by issuing various resolutions. In a crisis and taking into account the economic decline, the government takes forced measures and this can cause inflation and other negative consequences for countries.
Before the governments the economy was the tool of the Kings of every country. Even now many countries still have very wealthy kings, most of the times with limited powers. So in the end the government is just the aggregation of all the people in a country. Without such a pooling of powers by a government, the people would look very bad compared to other countries. There might some bad consequences from the government, but without it, it would be even worse. Who controls the money control the country. Kings or presidents, it's the same thing for me, with a different name. Economy is a tool, and it can be used for good or bad, depending on which hands control it, and personally I don't think it's used for good, at least not for the majority of the world population. I think the economy should serve all of us, not just some people like politicians and kings. |
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Sporting a shitcoin is not as easy as we think. Some projects actually do have some product but their marketing strategy doesn't fit the project thereby making the price dump heavily. Others have a locked source code while some others have major tokens in the hands of developers as they didn't do any ICO to sell their tokens. Its a complicated process identifying a shit coin.
It's not easy, and with some scams, we don't know they are scams until the last minutes. They cover everything, everything they do is good, they cover all they need, the project can look great and promising, but in one moment they just disappear. While some scams are simple and can be spotted quickly, with a first look we get some red flags in the head, with some it's complicated. |
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What you have said on number 1 and 2 are what's important,
We all know that you can say no in a certain project if you have done your own research about the project. Even if you can earn in btc (which us most likely the payment for BM), it is best to know yourself if the project is worth your time. They should have their own progress and a future that can be seen by everyone. And of course, in number 3, it is true. To be a great BM, hearing everyone's opinion is best to know their side. You can also learn many things by learning how to accept opinions of other people.
Agree with you, first and second are most important. I would say that the first one is more important, choose wisely your jobs and you will build a good reputation, somehow it means number 2, don't take money for dishonest projects, try to represent what is good. This is a good way to be recognized as someone who is honest and fair! |
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I have a favorite alt and it's ETH, but I like the rest of the top coins from time to time because they grow in price and make a profit.
Nice choice, Ethereum is one of my favorite coins too. I don't have one favorite coin, Bitcoin, Ethereum, Litecoin! I am with these coins from the start and they are still my favorite over some new coins. It's not that I not have some new coins, I have, and maybe one of them can surprise me and make something big in crypto, we never know what will happen! thats the reason why people keep on investing on newer coins because they like surprises . new coins means its fresh and many developments can come along with that , its price can also grow and people take advantage of this . while older coins can have a rare development or not going to develop anymore because they are old already and done with those things , the only thing they can offer is their repuation because they are old enough on this industry . I understand what you wish to say, and there is truth in your words. Each of us can choose what to do freely, the fact is that each of us wishes to make the highest profit in the future with investments we make today. I wish luck to all of us with our choices, time will tell who was right and who was not! We can't know what will happen if we know we would sell everything and buy that one coin, but nobody can say that! |
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I have a favorite alt and it's ETH, but I like the rest of the top coins from time to time because they grow in price and make a profit.
Nice choice, Ethereum is one of my favorite coins too. I don't have one favorite coin, Bitcoin, Ethereum, Litecoin! I am with these coins from the start and they are still my favorite over some new coins. It's not that I not have some new coins, I have, and maybe one of them can surprise me and make something big in crypto, we never know what will happen! |
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Do not be fooled, Cov-19 doesn't disturb new project from launching, few new projects are using Cov-19 to make excuse, good quality projects don't see any reason to hold because of the pandemic, any project that do this should be considered as Controlled by weak team
I don't believe it's like this, some people really get sick and maybe they were in a hospital, how can they work for there? And its some important member of the team everything has to wait for him, and what if more people got sick from the same team if they worked in the same office? Some projects are using Covid like an excuse, but not all of them! |
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Hi Guys!
I bought ripple at $2.50 and i am at very high losses. I wanted to know if and when it will reach $3, $4 and if my stars shine $5 ? Please help. I am being as much patient i can but i am honestly dying from the inside looking at the prices.
don't expect $ 5 anymore, you should expect your capital to return, the current market situation is different from 2017, the increase cannot be immediate, and must be gradual Nobody from here can't help him now, everything depends on the market. For now, even $1 is far for Ripple, and we can't say when will that happen and will it happen. Ripple is not the only coin that dipped after 2017 spike, is it good to wait for Ripple to recover, or some other coins have more chances it's on us to evaluate. I don't think that Ripple is a good investment at the moment, too much confusion surrounds this coin. |
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This doesn't mean they are right all the time or they got it right because they know what they are doing but only because 50% is a huge chance to get it right, and that is why I believe some people get few in a row right by luck and everyone thinks they know what they are doing and follow them. The definition of prediction summarize what it is all about, in the cryptocurrency space we do not have a huge data to collect enough data to analyze and hence you cannot expect the prediction to be accurate. The prediction is basically like tossing a coin and hence the probability can be summarized at 50%. Right now the market is holding strong above $9K and hopefully we will break the resistance in the next couple of months. Trying to predict the next movement is trading, and many compare trading with gambling. When you have 50% chances it's like gambling. Volatility warning is for new people in cryptocurrencies, who is here for longer is aware of the crypto volatility and what can happen with the prices in just days. Bitcoin will break 10 resistance, but that doesn't mean we will stay there, volatility is here to stay and we will see a lot of it before we pass 10k and stay there for good! |
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Now it's a good period to earn them or to buy them. Many of us earning trough some bounty campaigns, we sell some tokens for Ethereum, I do that, I try to diversify as I can, to have more of the top coins and to have some promising coins that are undervalued at the moment in my opinion. Many expect bull run, and that bull run is coming, we need to be ready for that all the time because nobody knows when will it happen.
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