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2018 became terrible year for most bounty participants. First of all, a lot of bounties were postponed by ~2-3 months. Secondly, 30+% scammed or postponed the distribution. Not really cool overall! A lot of people worked on the companies for 3-6 months and got close to zero. But it's the same as an ICO you have to choose right project to participate.
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I`d say, It`s 80% of your mistake, because I believe that the reason is not in ICO, but in the skill of selecting. I thought the same way until I changed my methods of selection. Now I have more than 80% of successful ICO`s. Just do your homework good enough, research the project and your investments will be fine.
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The most accurate way to increase earnings is to increase your quality of the content you are providing. You are able to make articles or translations. You don't need high ranks to do this and reward for this work is high. As for the signature try to post useful posts and get the merits for them to grow.
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The problem of fraud can be solves only with reasonable regulations. Governments should look after the projects and their activity the same way as they look after business organisations. SEC looks scary for the market but it can do the job and well. Other governments will look for what SEC is doing and repeat. We saw it many times on the stocks market. The same way will be in crypto.
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I made nice profits on nucleus, Eos, Aion, Lend. These was some of the ICOs I took part in, because their ideas are reasonable in these days. After these, I found many other ICOs that look attractive to me but since 2018 I participate much more carefuly.
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Those whitepaper aren't so copmlicated usually. It`s a rare case when i was able to find a project with the clear info in whitepaper. Usually they fill it with some empty words to make the picture beautiful or wp can have a lot of thech details that only some geeks can understand. You don't have to read all info in whitepaper. Catch their idea and the way they want to do it and token metrics as well. This info is much easier to understand and evaluate.
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I wouldn't sell, guys, that is what the whales want from us. They want our money to fill their orders here. I believe this is how the things are going. The growth can be near, do the same thing as whales - learn and understand how other thinking about the market! And if you understand it better then most - you will profit from it.
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My present strategy is regular buys on every deep that i`m able to catch. Through this tactic I can provide good averaging and actually the average price of many coins is near the global bottom! If you have more time to spent on searching info about the projects you can find good projects on the ICOs or catch moves when the coin has listing on big exchange and earn on this too.
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As for me it is not the wastage at all. It was one of the first steps towards my first investments with nice depo. Also i was able to withdraw some money for my life. I keep working here because it's not that difficult but the reward is worth it. And also if you choose projects good enough then you have more chances to be well rewarded.
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The best tactcis is to forsee the bear market:) And it`s possible, just dont be greedy and dont wait till the very top of the price and sell your coins. Then you can take little margin. I think the best opportunity to newbie in the bear market is to learn more about the projects or the whole market. What is good news that it will come to an end and will be new crypto "spring and summer". If you bought good projects with money you don't really care then you will be fine over the long term. Just don't buy this shit in news. Crypto won't die, market will recover, but you have to be patient.
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My biggest mistake was my conviction that trading is the best way to earn money on the stage of the newbie. I didn't lost much because of this and missed enormous potential earnings. Also I did too many things at once and wasn't concentrated on something enough. I think it's important to concentrate your attention on the topic you want to learn deeper.
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Most of these statements are usually said by those who bought coin and wait for the pump i think. It cant be that easy for the new baked coin to take the lead from the good old representative of the market. Eth has many competitors but none of them still not near. Eos can have interesting competition with Eth even this year. We'll see.
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The answer is easy and it lies in your question: buy them when they will be dumped. In other case, you will be the one, who bought on the top and sold on the deep. By the way today is a good price for buying many projects. But never invest more than you can afford to lose. Crypto is risky and you have to be careful. Especially if you don't have much knowledge about the project you want to invest.
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I dont doubt that it can. The only weak element in this sequence is the human, which can be emotional or greedy and etc. Just be patient enough, keep your mind and heart cold and you will be successful. 20-30 years ago most of the people didn't think that internet will change the world. And right now most of the business industries already here. In the next 10-20 years it can happen with Dapps easy.
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I wouldn't trust the guy who tells that he will eat his own penis. He can say what ever he wants. I'm not even sure that his poisoning is real. It can be faked to gain more users or promote himself.
The guy tells that he will be US president. Sure...
But if it's true then it's good that he doesn't promote scam projects anymore.
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I think and I hope that BTC won't get down under 5000$. If it happen mining will become unprofitable.
It's not short term investments for those big players. They can wait years before their investments will come back. BTC can drop even lower. But chances for that not bigger then to go up or staying flat for few months. Anyway I think we have to be patient and wait until trend will change to up. Crypto aren't dying, it's just long correction. |
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