Well that's good to know that someone at last shared his wonderful experience toward Cyrptocurrency. That was everybody's dream I think. To hit that jackpot-like fortune in whatever ways possible like investing, trading and bounty hunting to achieve it. Congratulations to you and to your wife. We are all hoping for the best!
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We have to end the whales who are out of control.
Well, I think the whales have all the right to do anything on their money, unless there is a rule or regulation that they somehow violated but still I haven't seen anything yet that would make us say that they are out of control but instead we may say that "they have the huge part of the control". As you urge us to end their "wrongdoings", I think that it is possible because if we unite, we somehow have the control to do that.
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I suffered losses in recent days, and I decided to stop trading for a while. While looking for capital to return to the market. Shut up to strategize and take compensation for recent losses. Have you ever lost continuously and lost enthusiasm? Thank U.
I think it is okay to pause and relearn the things we need before we do trading. Trading is not just exchanging coins or tokens but we should know the right strategy. We need also to be updated on different news about the token or coins because it will significantly affect the price of the token or coins.
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Bounty Hunting is not all about hardwork, we should be knowledgable on different things in joining the Bounty and other ICO. What we need to do is to research about it and monitor all the aspects that we need to know about it such as teams who handle it and how it is being handled.
Be patient on doing so. We need to sharpen the axe first before we strike a wood.
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If ever there is a regulation being implemented on cryptocurrency market, then that should be to ensure that people won't use cryptocurrencies to scam or deceive other investors. In that way, we can reduce the risks involved in getting into cryptocurrency.
This will be the main benefit of users when the implementation of the regulation of Cryptocurrency occured. Well, I think it is really important to regulate it so we may know the results. I hope they will consult someone who are really knowledgable in Cryptocurrency before they implement it.
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I think conducting kyc on bounty is good in the sense that it will eliminate bot and fake people who want to scam using other bounty participants identity. Well the kyc must be stated on the bounty thread upfront when it started, doing kyc after the bounty is not a problem if it's offered upfront.
You have a good point there, if you will see how KYC will really verify the real identity of a person then it is easy to filter those cheaters who make multiple account then will join the bounty with multiple profit. But in terms of security and identity theft, this is really critical also. I hope we can find a way that will have the benefit of KYC at the same secure our identity.
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We must be very careful and meticulous in investing in criptocurrency, it would be nice to ask in advance to know that ICO is really trustworthy.
I agree with you when you say that we need to be very careful and meticulous in investing in Cryptocurrency. Why? because we are talking about money here and there are always trust issues when it comes to money. Seldom people value their integrity versus the money that they will gain from every project. That is the reason why we need to do our own research. This forum is just one of the basis but don't rely on whatever other people say. We need to make sure that your money will not put on scammers pocket.
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Every token or coin has different characteristics. It doesn't mean that one coin will rise up and the other should rise up also. It depends on the number of people who have the altcoin and how strong is the token/coin at the market. It depends also on the team and investors of that coin on how they handle the marketing and promotion of the altcoin. There are so many factors to consider.
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My only advice is we should not test the depth of water with both feets or better said, never put all your eggs in one basket... All simply means we should not invest all or possession in one business, do not enter a single trade with all your assets
Well, I got your point here and I totally agree with you. That is the main principle of investing which is diversification. Not putting all your eggs on a single basket but instead finding more baskets to put your eggs to be able to achieve a maximum possible profit with less risks. Risks are already there and what we can only do is not to eliminate it but we need to learn how to manage it.
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As I have revisited this topic, I have learned so many things related to this topic and It is quite useful to continue with my research on how to make my wallets more secure and how to find the simplest way to store my coins and tokens into my wallet. I am thinking of something to write about simple articles in Crypto but I don't plan to create my personal website to do it. Is there anything that you know how can I achieve a free blog site that can last for years not just one year?
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If regulation is implemented that could help the crypto being popular in the world, in many investors who are planning to inter the crypto world and most of the project are being monitored if they are scam that could harm the investment of the investors.
I agree to this. If we are planning to be part of Crypto world as long term investment and career as well then this is one of the way to spread the good news. Regulation is a good thing. It may not be perfect for the first run but eventually, all things will be on the right track afterwards.
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Well, based on characteristics of Blockchain technology which is flexible on different applications that offers high security and transparency, I think if we really need to improve the educational system then Blockchain technology is the best thing to implement.
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I think you just need to be very careful in everything we do regarding our wallets and account. Like every account, we need to secure it with the available security measure against hackers. We should also be aware of the possible intrusion techniques that a hacker will use.
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I am not fond of airdrop but I do it before when deal is good and it doesn't require KYC. Now that airdrops require KYC and sometimes the reward will be low in value. My personal information is quite important to me and I don't think it is worth it.
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Well if you will ask me today, I don't think that it is possible. This is not because I belong to this forum but Bitcoin already proved the significant use of digital currency specifically Blockchain and Cryptocurrency to mankind serving it's purpose to be an alternative mode of payment.
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Maybe or maybe not. Well in fairness to ICO, many projects has been very successful during the golden years of ICO because the investors really supportive in terms of funding good projects. Now that scammers are everywhere and IEO/STO are already an option, there is a great possibility that ICO will be phase-out or improve into ICO 2.0 or with different term.
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Based on how Blockchain Technology works, I think it depends. Why it depends? Because as far as I know only transparent things on the chain is the amount of the Bitcoin and the BTC wallet address. If the owner of the receiving BTC wallet address was properly identified then it will be traceable. What if that existing BTC address have already an existing amount on it before the transfer? then it will be sent to other multiple BTC address and split again into another set of multiplle BTC address. Then the BTC will be used to an trading exchange to Altcoins. It is possible (nothing is impossible, it will just take time) but it will really take really lots of work and effort but still at the end, no hard evidence that the money circulated was all from your wallet. I hope I clearly stated the scenario.
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Indeed investors should be careful because most of the ICOs have no interest in developing their projects, they just want a share of the crypto money while they go on expensive holidays.
You said "most" so I think you are right about this. It is not "all" which some people claimed. Investors should be very careful, do their research and support good and legit projects that aims to help mankind on their projects. Well, I think we need to be very vigilant so that scammers will not interfere with what we are doing.
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unpredictable price fluctuations, I think this is just a correction, although it looks like a dump that is too deep, some corrections must occur when the market starts to improve, no one knows and can predict, hopefully the expected
Yes, I believe also that it is just a correction since the market is really unstable and continously fall. I think we just need to be patient until it became stable again and open more doors of opportunities for all of us. So stay strong and we will sow everything that we reap now.
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I like how you deliver it. Crypto is really staying with us and no one can stop that. With all the trials and difficulties that we've experience, I know we can make it until the end. So we need to move on and make one step at a time to make crypto world a better place to be.
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