User: sapnu
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In terms of selling tokens that might be the problem because some of the bounty hunters are selling even at a low price and they cannot wait until the price pumps, it can affect the value of the tokens. But in terms of their work while the project is running, I think they are also helpful by doing their tasks in the campaign, it is either they are promoting here or in other platform like social media which is helpful to the campaign because they can gain more investors.

My holdings have nothing to do with the pandemic since I am aiming for higher gains, I will still hold it for a longer time until the prices rises up. I have actually few tokens that I am holding for a long time. It actually depends on the people if they will spend that because at a time like this, profit is hard to gain since pandemic is still there but if you have savings that you can use, maybe just hold your bitcoin and wait for it to rise up in value.

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I can say that 2017 was really the Golden Year of Cryptocurrency. Because at that time almost all of the ICO projects are running successfully and giving every investor and bounty hunters profit. Almost all of the project that time is being supported, every platform, website, and technology that is being innovated is supported. That is the time also that bitcoin value reached its highest peak of price wherein it reaches twenty thousand dollars before christmas as far as I remember, it is actually good for every bitcoin holder that time making their holdings tripled or even become tenfold.

There are actually lots of ways of investing when it comes to cryptocurrency especially using bitcoin. It actually becomes famous when the price of bitcoin really pumps up and reached its highest value reaching $20k in 2017. That was actually called the golden era of bitcoin. There are so many investors at that time that they are lending their money into some ICO or some trading sites just to make it bigger and gain more profit. They are willing to risk their money to gain profit, up until now there are still lots of investors who are risking their money on cryptocurrency. It's just a matter of knowledge and understanding about cryptocurrency on how it works so that you can actually consider lots of things for you to avoid failure such as scams.

It actually depends on the project itself, because there are some projects that have a really good platform, roadmap,, and website which you can consider before joining, sometimes they are using their own account to manage the project (newbie), so you can really trust that one. But if there's a project that is not promising and they have not a good platform and website, we can say that it is a scam since there are lots of people who are deceiving others just by creating their own project and own account to manage that. There are also some projects that have a manager that is high rank in the forum but still failing, you should be careful on where you invest your money.

I think these people tried to invest fast on bitcoin without doing a little research in everything, we all know that cryptocurrency is complex and not easy to understand so if you lend your money that fast without knowing everything, you are taking risks of your money. Maybe you should study little information first so you can secure your funds. And when you are already knowledgeable you can try and if you fail, keep on trying because you might invest in such a project that fails also. Failure is natural, just do not stop and keep trying.

It's gone. That is actually one of the reasons why you should tell at least one member of your family which you trust the most about your wallets and investments. So that your money will not go to waste when you die, we hope not but we are all going to. It's completely gone when you die and no one really knows your wallet password and everything that has money on it. Maybe you should save it into a private folder in your computer or mobile device so that when you pass away there's one member who can open that file or folder containing important account and wallet password.

I am also using coinbase as my wallet because it has high security and it is famous to be used by many people in trading or investment. This is really a trusted wallet to be used, instead of using the not familiar wallet, you should use a famous one so that the probability of losing money is low, especially there are lots of wallets out there that are scam, worst part is you can lose your money, so we better be careful.

I think it actually depends on the price of bitcoin in the future. If the value of bitcoin rises up there's a big possibility that the payment in any transaction may rises up too. But maybe because of the mass adoption, that may happen in the future, the value of gas may not rise, and that is a good thing. As of now, bitcoin is continouosly becoming popular all around the world, especially at a time like this when there's a pandemic and we need to be careful in every transaction. That makes bitcoin more famous today.

Absolutely, there should be limits on bounty campaigns because there is also limited supply allocated on the bounty and it is split into different types. There should also be a KYC when the payout is applied so that the people who have multiple accounts cannot get it. I am good at fixed rewards so that there is no confusion. Limited participants is better for the active users to be rewarded based really on what they deserved.

Indeed, I can say that scam and illegal are different. We all know that illegal is not authorized by the law while scam is an act that deceiving people to satisfy their own wants. There is no point in thinking that bitcoin is a scam, there are lots of people that have that kind of thinking. If you try to really understand, there is an opportunity for you to make a profit because of investments, as long as you are well-knowledgeable.

As long as you are too knowledgeable about what you are doing, it is hard for you to lose your own money. There are actually lots of things you can consider to avoid that. There are indeed lots of scam projects that are rising but if you are too cautious about it, I think you can actually recognize what is good and what is bad for your money. Being well-informed is important.

Indeed, their benefits on bitcoin are the profit itself, that they can make their own money in their own way. We all know that there are lots of ways to make your own money using your bitcoin, there are investments, trading, gambling and etc. As time passes by, bitcoin is becoming famous all around the world and every country is adopting its usage since bitcoin can make every transaction all around the world possible and fastest to do.

I have actually a lot since 2017 but not all of them are in the market. I am joining lots of bounty campaigns at that time and not all of them are becoming successful, but there are also become successful but when they appeared at the market, the price really dumps and I got no reason to sell it, so I hold it instead of selling it at a low price.

This is indeed a good technique to make them understand bitcoin. Actually, visual representation is easy to understand instead of just explaining it verbally because they can picture in their mind what they are seeing while listening. This is to spread the good effect, benefit and essence of bitcoin or why it is being created. Aside from that, they can also apply what they can learn by understanding every single information about bitcoin, they can make their own money, or they can invest, as long as they really understand what bitcoin is.

As of now, DeFi projects are really making lots of people profitable. There's actually lots of projects that are rising and many investors are putting their money to earn such a big money. But still, there are scam DeFi projects that are being produced, so we should be careful.

Indeed, why spend your bitcoin like that when you can actually use that to invest more in crypto, you should use your spare money when buying something especially your basic needs. At a time like this bitcoin is becoming popular and there's a lot of countries that are adopting cryptocurrency as a payment. It is really helpful this time because of the pandemic so we don't need to hold physical money or fiat.