This is a good advice for everyone to heed to. Trusting your assets with new wallet that is yet to build any credibility for itself in the industry is risky. Anything can happen and they may decide to exit scam and go with user's funds.
This is really a big problem for those who participate in this market so it is best to only choose the wallet that is trusted by many people in this market and is appreciated in many other countries. There are hundreds of different wallets available now in PlayStore but only 20% of the wallets are the most trusted in the crypto market. Before keeping money where you should consult the people who have used and to think carefully. Currently, only hardware wallets are the safest in the crypto market and if you have large assets then you have to buy to get the best security. I dont actually agreeing with that, because how about the new projects or wallets that are being produced and let us say that they have better security and faster transaction than any other wallet. I can say that we should study first, learn every detail that the particular wallet have and you should check it out by not giving your money there but try to look at the reviews of that particular wallet if they are satisfied and they are really good to that wallet maybe you should trust them. Dont just judge all of them because there are also better projects coming and not all of them are dangerous. |
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Do you want people to put on headsets and listen to this podcast for 28:33 minutes? why would people do that? I think you should listen to the podcast and then summarize what they said and post in this thread the summary you made I would love to know your thoughts about where we are going and how you think the landscape will change. if enter a lot of money in the crypto market, I believe that the volatility will not be very high as it is today, at least we will not see high increases and followed by very large falls Partially yes, a lot of money can make the price more stable for cryptocurrencies. But where get these all money? The most controversial thing that people don't want to invest in cryptocurrencies by high volatility and fix this volatility could a lot of people with a lot of money  A lot of people join with crypto to be faster rich person, they think bitcoin and altcoin are the best way how to get much profit in short time, maybe many people lucky by choosing an altcoin and get much profit, when you make mistake with get bad coin you have waiting more than one year for getting back your investing and stop for dreaming much profit. And that is by far one of the biggest problems in this market, the mentality of the new investors that come to this market, instead of treating bitcoin and altcoins like any other investment they treat them as a way to get rich really quickly and do not take the appropriate precautions, then when they predictively fail they claim that cryptocurrencies are a scam and scare away potential investors that do not want to go through that not understanding that a less risky approach will work wonders in this market. In a business like this, risks are your weapon because it is the one you before winning or even losing a battle. In order for you to win, you must take a risks making a decision that makes your goal possible, but if you lose why not take another decision and make better ways than ever before, most important part of your journey is learning not trying, because all of your loss will be nonsense if your mistakes have been occurred multiple times, we should learn at our mistakes. There are rewards if you already make your decision and it makes you possibly get what you want. |
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The crypto community will not despise good projects for no reason. However, if someone even speaks badly about a good project, this will not affect the reputation of the project. Only famous personalities can kill a project in their own words.
You can't conclude that in the first place, you cannot yet give your final opinion about a certain project whether it is a good one or not when you are just investigating, sometimes, it is too late to give your final judgment because it's already been done, either it turns out on your side or the other way around, and we can't always trust first impressions of others, most of the time, it is wrong. And about famous personalities bad mouthing a certain project will could indeed make a lot of damage on the reputation of a certain project, but the truth will always prevail. Do not be afraid of the new projects, taking risks is important as long as you are using your intelligence when you are making decisions and not only by that, you should study every project because there are still projects that are scamming people for a reason, to get your money. As of now, it is hard to invest in some projects because of the condition of the market, as we all can see, market is not that healthy not like what happened last 2 years ago hitting every crypto to the top, everyone is earning. Almost all project gone successful at that time. Maybe still try to invest now, just study and read the whitepaper carefully. |
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Bitcoin is always a really good option, you can make a lot of profits from it when the price starts to go up. There are lots of other crypto assets/currency that you can invest your money into depending on what you want. If you're looking for an investment there will be no other option that is better than bitcoin. But if you need a stable coin you can go for the Gemini Dollar or PAX.
With stable coins you're not going to make profits, your savings will remain the same for as long as you hold it. But as for volatile coins you're going to be making a profit and even more when there is a bull run.
There is no point in converting money into any thing else if no profits are planned out from this action. Investing money has just one aim, making good amounts of money with ease. Instead of investing into stable coins, he should keep the money and save himself the trouble of this conversion. But if he wishes to become rich in short period of time, he should invest in bitcoin. Choose some techniques here because there are actually lots of ways for you to earn different crypto. But if you are buying some I prefer you that you should study well because there are two types of ways for you when you buy a token, there is long term hold in which you are choosing some coin that is in a downfall and selling it for a long time period when it actually rises up again. But there is also short term hold in which you are buying and selling it for a short period of time. The difference is that in long term holding you don't know if that token you bought is gonna rise up again you just need to trust that particular token, because we can't predict the price since cryptocurrency is volatile in terms of value. While the short term holding you can earn but noot that big. |
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The team is the main core of successful projects and I always pay attention to the team members for choosing the good ones. Top exchanges also charge big amounts for listing or for the launching IEO. At least 1-year-old projects usually have a better approach in my view but I look at my IEO investmetns for the long term. Listing on the small exchanges is not going to add good points to the reputation of the project.
Thats true, if launching IEO on exchangers that have small volumes will be very difficult to get funds but if successful then they will be very easy to pay lists on exchangers that have large volumes such as kucoin or okex. IEO in Binance which i think is very good in raising funds Exchanges like Binance, Okex, and Kucoin are big factors for investors but they should know that it will not give any assurance that the project will succeed in the future which is why I don't base my judgment on those big exchanges because there are still worthy projects that conduct their IEO in unpopular exchanges, for me what really matters is how the project is and not the popularity of the exchange. There are actually lots of projects but you cannot just pick one because you want it. I recommend to you that you should study that particular project so that you can know if they are going to succeed, you can actually recognize that by simply looking and reading their whitepaper, whitepaper is very important for a particular project because it is what investors want for them to be able to know important information about that particular project. So you should read that, you can also visit their website and look at their plans all throughout the project starts. You can also look at the reviews of the previous investors if they are really legit. |
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No. KYC doesn't benefit crypto users at all because filling up and submitting KYC is time consuming and it takes a lot of days for them to confirmed your submission. A lot of people do really hates submitting KYC because there are some projects who requires KYC but it's a scam that makes a lot of people nervous that they could used their information to trick other people.
It is actually beneficial because the management can notice if there is someone who is farming because KYC is important we can recognize who is farming or even not following the rukes. KYC means know your customer so it is important also for the particular campaign to know their participant because what if it is just joining multiple accounts, the campaign can recognize that by looking at the address of that particular account if that account is actually using only one address and there is many accounts used by it. |
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I am a Newbie member, and my knowledge about this is still very low What is the difference between Bitcoin and altcoin in more detail  thanks admin The only difference that I see here is that bitcoin is the main cryptocurrency that was established first, while other altcoins are just to serve as an alternative to bitcoin just like bitcoin is meant to be an alternative to fiat. Altcoins would have actually performed better, because with all sincerity, no matter how great and how much the project of bitcoin is, bitcoin cannot really do it alone, so it needs support of some of these other projects. My issue with those altcoins is that they are getting too much, the problem that bitcoin cannot handle is not that much for all these altcoins to have started offering solutions that they really cannot give, so if you are to consider any project, just consider bitcoin and top 10 altcoins, they are the one I trust to really follow bitcoin anywhere in future. The difference between bitcoin and altcoin is that altcoin is just an alternative of bitcoin, they are both cryptocurrency. But altcoin is just a copy of bitcoin. They have different platforms by different altcoin. The better the platform is, the more investors will support that particular project or coin because as of now it is not just by the name or the team who are managing, but it is based on their platform itself if it is becoming famous and being supported by many investors, it is good when they used blockchain technology, blockchain-based crypto is a good and may lead a project to succeed. |
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for now we can say that investors are tired looking for new project that will make them rich, they are tired for those scams that's lurking all over the crypto world, but if we have proven first that your project is worth investing at, then for sure investors will follow you.
I don't think they are necessarily tired of scams, but more so tired of the bear market within crypto.... almost every crypto chart has been trending down for nearly two years now, and that's something they don't want to get into. Bitcoin's parabolic rise to $14k this year hasn't changed anything in the grand scheme of things because it technically is just a lower high. What will the next lower high be? $10k? $8k? It's not looking very promising anymore. Investors as of now are waiting, waiting for the right time that the market will recover because it is maybe hard for them to spend money in some project because of the price. That is also why many projects as of now are not succeeding because of lack of investors I think. If the market rises up again maybe the healthiness of every project will come back again like what happened last 2017, which almost all projects gone successful because there's a lot of investors that time and the market is really alive that makes everyone happy because they earn a lot of money. |
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I agree to your point of view but I think the most important thing to those elements is marketing because it contains all. Marketing is not all about promotion but also determining the needs and wants of clients or users so I think if we have a very good marketing we will be have a very good and successful crypto or project.
To get good marketing we need to have a good product so if our crypto will be good it will attract so many investors by itself. After the worth and potential of the coin then it comes number of investors if more people will be interested and they will use it so that crypto will touch success very fast but if people will not trust it and buy so it will grow slowly or Maybe will not grow till now bitcoin is the most successful crypto. Yes right, product must be very good and so the team must also be an excellent responsible and reputable team because the success of the project still in the hand of the team. If the team has the drive to move the project to a good height, with very good product, the sky will be their limits which their investors are still the ones that will be the ones to benefits from it most. It has been long that I actually could guarantee a very good and reputable project, the projects that I feel I can trust right now are projects that are within the top 100 in our data market. If we chose from those projects, I believe that we will have a more relax mind than all these new projects that is being released now without much working project and any trusted team. For us to consider that a particular crypto or project is a successful one if they really meet the target cap, what I mean is that if they are setting some high value of token and they sold all of it, it is actually good for the project itself because they can circulate a lot of tokens. It can be consider successful if there are lots of investors trusting them because in this kind of business trusted projects are hard to find. If they really reach what they have target for the whole project, I can say that it is successful if that is being knew all over the market and there are lot of people buying it. |
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indeed this is very unsettling and can make a bad influence on others, so far we are almost fully aware of their game and on generally don't want to be transparent about project development
This is the internet. Anonymity is part of it. You can't just DM a project and request for a "transparent" response of their plans. In these kinds of platforms, scammers are everywhere. No, we are not fully aware. No one can ensure everything, who knows maybe Bitcoin is a big fat scam in the end aswell. But I hope that's not the case, I'm just giving you insights. it could be that people who are trapped then are no longer interested in cryptocurrency and that we don't expect it
What do you mean by this exactly? There are lots of projects out there and you can actually recognize which is legit or not. You can read the whitepaper of that particular project because all of their plans and their target is all stated in whitepaper, you can also visit the website itself so you can read some of their plans, because it is also stated there. You can check if their offer or bonuses is possible, what I mean is that they are really gonna make that happen?. In this sector there are lots of fraud so we should be aware of our decision especially when our money is at stake because one little mistake can loose all of our money. |
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the manager's job is simply to take a position in the project that they consider potential, and then manage the campaign in this forum, the altcoin campaign is not limited in terms of the participant's reputation because they pay in stake. If in BTC, the quality of participants will be prioritized. Provisions for a red trust account are the authority of the project team, the manager only offers terms and conditions (including trust and merit), this is a summary after I communicate with the existing manager.
With this topic, I am not trusting any accounts that has red trust because it is the symbol in which they committed that are not obeying the rules, most of them are scammers. Every signature campaign should not accept accounts that have red trust because it may be a big threat to any other participants. They used to scam other people they can do it again with that account. Maybe they have some warning if they really want to accept accounts that have red trust or a condition in which if that particular condition is not obeyed, banning is the perfect solution. |
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This is a very inspiring charts. Bitcoin after 10 productive years. It has really lead the financial economy right now. In terms of its delivery time and cost-saving features. Its a win-win situation for the business and its customers. It really gives the best customer experience and gives opportunity for everybody to dream big. Its really exciting to see its performance in the next 10 years.
After ten years bitcoin look raising up with many investor get much profit and lost with bitcoin investing, I think next years bitcoin look drop after pass ten year price still down, now bitcoin have increase lower last three years where bitcoin price reached above $15k, will bitcoin become profitable at the future or not with price always down? As we have seen, bitcoin really rises up from nothing to a bulk of money, I can see that as the time goes by there are lots of people using bitcoin, our community is growing and it is good for everyone because the more the bitcoin is famous the more investors will be encouraged to invest in some projects. The more investors we have the bigger the possibility that the particular project will succeed. It is a big opportunity for me to know bitcoin because in my young age I can earn my own money just applying my own knowledge about bitcoin although age doesn't matter here because there are teens here that are earning millions, it is actually based on your intelligence on how to manage your own money. |
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That's just a prediction, but it's true the current condition Bitcoin is very mendomonasi.
But what will happen after all Bitcoin stocks have come out, of course people will use alt because of various technologies in addition to the means of payment.
But a lot of bad icos make the views on tokens so worse, and this will happen very long until all true garbage tokens are right dead
Of course, the nature of cryptocurrency is its volatility, it has a big possibility that it will come back again and I am sure of that because as time goes by there are lots of people adopting altcoins or cryptocurrency. We should have wait for the time that the market itself will recover, we just need to hold and do not do panic selling. I am sure that it will come back again because just like what happened last 2017 the market experienced bull run and almost all of the altcoin got to the moon. Every person that time is earning their own technique of earning. |
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Thieves stole roughly 1,500 bitcoins by taking control of his phone number and using Google's "Forgot password?" feature to gain access to his email. With possession of the two personal accounts, the thieves hacked Terpin's crypto wallet, stole the digital assets and quickly sold them,
To be honest and speaking like an ordinary man who is not really very technical, this story quietly illustrates why there are people who are afraid to deal with cryptocurrency because we can not deny that there is a big risk of being a victim of hacking. Hackers are now getting advanced and can always be studying new ways and means to get into people's fat wallets and get themselves rich in the process. I know this is never the fault of Bitcoin but in the face of this big risk a person may think twice of investing with digital assets. And the sadder part is that there is nothing we can do for now once the control is already on the hackers' side, we can only watch how the assets are transferred from one wallet to another and even trace them to different exchanges but to stop the whole thing is beyond anybody's power. It is a big example that we should be careful of our decision because this world is hard then we ever think. We are making money digitally meaning we cannot handle our own money physically. So every step must be studied because one single mistake, all of your money will be loose. We should study every project we want to invest in because not every word they say is true, it is normal for them to say promising words so you should not trust that, you should find out on your own. You can see the reviews of other investors if that particular project is worth investing in. |
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Hi all...
I want to ask, which of these two things is more feared by traders, market manipulation or coin dumps. both of these things always make the loss of traders from the beginning of popular crypto until now.
I'm personally very scared when the market is at an uptrend, but suddenly there is a dump that causes prices to fall very deep, even lower than when I bought the coin. that's why when prices go up high (more than 15%) I won't buy it. I better not get profit than get stuck by FOMO. while for market manipulation, this is normal. I'm not surprised by this, because I always trade coins that have a large marketcap. so the risk of manipulation is very low. and when there is manipulation I will definitely know.
how about you guys? which makes you scared?
Partly both the things are unpleasant I often encounter when people complain about market, market makers and so forth. Let us assume that market makers are unfair. Are we (as investors) able to revenge them? Probably not. Generally I would not recommend somebody to revenge because usually revenge devastates an initiator. What about market makers, they are qualified market participants and that is why they usually score vs regular investors. The only way to take revenge is by not investing into that project any further and warn others with your words at a large scale. This, in my opinion is not revenge but a punishment to the fakers for playing with trusts of innocent people. In order to keep yourself safe from such incidents, the best way is to invest in renowned coins like bitcoin or ethereum. At least, the fear of FOMOs gets eradicated. In my own opinion, the downfall of the particular coin is normal because we all know that the nature of every cryptocurrency is their volatility, meaning it is changing time by time so if we experienced some downfall right now, maybe later or sooner it will come back to its high price. You know what is important? It is the patience that we need to have in this kind of business. Patience is a virtue for us to earn a lot of money we need to have that attribute and not only that, we should have courage to earn and do not painc sell bacause it is maybe one of the reason why a particular coin dumps. |
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This is their strategy to earn bitcoin for a short time only, And there is nothing we can do to stop them. But they know what they are doing and I am sure that by this time they will hold their bitcoins and they will wait for it to rise. We will probably see this when it bitcoin halving come closer, that many investors especially crypto big whales are looking forward to.
I agree on that, evryone is waiting for the bitcoin to rise, that is why before we get in to crypto feild we really need to have a big patience so that we can hold and wait for the right time to sell, i believe that most of the investors are now holding thier bitcoin for good. How long have to wait bitcoin raise up with now end of year but still down with bitcoin price, many moment when end year bitcoin and crypto price have raise up but today still down. I have the same way like you for waiting when bitcoin raising up and make altcoin season come soon, I need altcoin raise up back to higher price how they can did with 2017. Actually, this is the right time that we should buy bitcoin because as you can see the price is not that high and it has a big possibility that if we buy some tokens and hold it for a long time until it pump, it is a good profit for us. We all want that to happen, why do we need to hesitate if we have seen others have earned money with buying bitcoin and holding it for a long time. I recommend that instead of hesitating they should start investing in some project or buy some tokens so that if the market pumps they can really earn a lot of money that they want. Just patience and courage is the key for that to happen. |
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This is my own definition of transparent project team
1. They always put investors first
2. They always listen to investors opinions
3. They aren't shady, even if there is fund issue
4. Head office address are legit and they allow visitors, just to show they are real
5. No fake advisors or fake pictures or stolen IDs
good points to apply in analyzing the project, I agree to the project team that listens to complaints from investors, because basically the investor and the project team are a collaboration for the progress of a project, then discussion to solve problems together is highly recommended. Last three points are the actual play mark. There should not be anything shady or fishy about the project if it is real. All the addresses and contacts must be valid ones. Though faking oneself is no more a hard task, still the project should be clean from such doubts. Faking IDs etc is easy for social engineers. Every project shows as if the investor holds importance equal to god. Obviously, customers are the key to success. What stated above is exactly what it is. although all projects should be transparent because first of all, they all want to be successful also for the investors and supporter which is the bounty hunters. So for them to be trusted they should be transparent at all matter especially to the information that investors needed. There are projects that are fraud and making some information not legit and that is the worst case they can do or even worst they are taking all of the money that investors gave them. Every team should be transparent at their investors so if they are going to open another project the investors they got will still support them. |
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I still feel some regrets though. Way back in 2010, somebody mentioned to me about Bitcoin and must invest some. I replied like "What the hell is Bitcoin?". I ignored that for so long until years later, well......you know how I feel.
I share your feelings mate..i was introduced to bitcoin in late 2010 and i was like i don't really believe that this technology can stand the test of time. It felt to me like some of those flash in the pan activities. It was until 2017 that i heard so much rumours about it that i decided to make enough research about it again. At least i am glad i am now part of it even before the global adoption of Bitcoin. How I wish I had known Bitcoin at that time since I am a kind of person to take any opportunity especially in earning as long as it doesn't require me to pay or invest some cash. I would gladly pour my time and effort. Especially this kind of things which interest me and I'm willing to learn new things. But I'm too young at that time to be introduced to Bitcoin. I knew Bitcoin at my last year in my high school life which I am very grateful to my friend who come to tell me what this is about and how to get into the game. It is indeed profitable and I can say that because I am earning here since 2017. I thought was not that enough to make my own money but it seems I am wrong at that because, without bitcoin, I have nothing with the things I bought because of it right now, just like my gaming pc and my own gadgets also some other good stuff. I can say that bitcoin is really profitable in many ways. There are actually lots of ways for you to earn here. Just choose one of them that is really good for you and something that you have prior knowledge even a little one. |
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We are saving for a house down payment of 40K. I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months. Is a stable coin the best option? Thoughts?
From my point of view it need to be an extremely desperate person to use for investing such important passives like a house. I consider that neither a house nor other important assets (the passives) must not be used for investing purposes albeit sometimes people hazard a house. Let us clarify the situation. Suppose, you have lost a house and what will you do? Particularly, try to answer a question for yourself where will you live? I consider that it is better to have less than not to have anything at all. Agree with you, let's not gamble our precious house but rather we should be motivated and be inspired in investing for having our own dream house, let's just invest the money that we can afford to lose, let's not be too greedy to be able that we are taking risk even our own house and our car, this is not the way investing should be as you will be in desperate once you lose it. I actually prefer investing than any other ways of earning here because it is indeed sure that we can earn money but we just need to choose some of the projects that is making sure also that we can earn because I can say that not all crypto will become successful so we should choose one of them that is going to be successful, and how can we do that? Basically, we can make sure of it if we read everything stated in their whitepaper which is their whole plan to the whole project while running, it is indeed good to study the project who you will be investing too because your money is at stake. |
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For all of you who follow various content creators to Crypto?
what are 3 elements or pieces of information you like to see?
That the content creators may be missing out?
What would you like to see?
What would make you generate interest towards a specific content creator?
With the interest of people relating to what they look out for when reading a particular crypto created content, people have their own preferences in terms of what they want to read. Personally, I will be very happy when I see content creators creating articles that will help people to really understand the true nature and purpose of Bitcoin and the cryptocurrency as a whole. I feel that people don't really understand the use and purpose of cryptocurrencies. Once total understanding is achieved, adoption will be much easier and faster... I want to learn more about trading because this is the way that they can earn a lot of money although almost all of the techniques to earn here is profitable but I want to be intelligent in terms of trading. Also I want to learn investing very well, because all I know is that you choose a particular campaign or project and you are one of the supporters in terms of tokens, meaning you are buying tokens to them and wait for the right time that the particular campaign will be successful, but it is now hard to choose a project that deserves our support. |
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