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Showing 20 of 68 results by MigoAmigo
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Topic
Board Altcoin Discussion
Re: SHOULD BUY BITCOIN NOW? THE PRICE IS HIGH?
by
MigoAmigo
on 19/07/2018, 04:21:35 UTC
I think you should have bought a week ago when the price was stable for a while, now it's practically going up 5% daily, you can buy now so you don't have FOMO but try to set goals, for example a little now, a little when it reaches 7600, a little when it goes up to 8000 and so until you feel comfortable with your investment, remember that the market is very volatile and you can lose if you sell out

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Board Altcoin Discussion
Re: Why aren't cryptocurrencies successful as a medium of payment
by
MigoAmigo
on 19/07/2018, 02:32:19 UTC
Normal fiat currency like USD and EUR is relatively stable and lacks volatility, e.g. the price of a can of Coke hasn't changed much in 10 years.

Crypto is completely different. it's far more volatile and acts like stocks/shares or investments rather than national currencies

If I have holdings of fiat and holdings of shares - which should I use to buy a TV now? the fiat obviously

Why liquidize an investment that could be worth far more in the future over using fiat that will probably be worth approx the same?
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Board Service Discussion (Altcoins)
Re: Newbie bounty manager
by
MigoAmigo
on 18/07/2018, 05:55:25 UTC
Although there is nothing wrong with the campaign, if a newbie is running it, I would not have much confidence in it, since he usually lacks the necessary experience to manage the campaign well. Of course, there is always the possibility that it could be an alt account, that would not exclude the campaign if it looks promising but if it would score lower points in my eyes
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Topic
Board Bounties (Altcoins)
Re: Which is better for you shortest or longest bounty campaign period?
by
MigoAmigo
on 18/07/2018, 04:59:53 UTC
I think it depends a lot on the company and the amount of money they want to collect, for example, a simple project should not have such a long campaign because they could get their goal in a shorter time, of course in a long campaign we can have many more benefits but also take a huge risk by investing months in a campaign and ultimately resulting in a scam
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Board Altcoin Discussion
Re: Can any other crypto replace bitcoin?
by
MigoAmigo
on 17/07/2018, 03:15:58 UTC
Many of the alts are either centralized or doesn't really do anything new. They're currently fueled by the bitcoin mempool spam issue, but once that begins to solve itself there are few reasons to care about alts (Besides participating pump and dump schemes)

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Board Altcoin Discussion
Re: any information about the SYS problem at Binance?
by
MigoAmigo
on 15/07/2018, 23:17:03 UTC
If you use third-party trade bots, automation tools, portfolio trackers, or portfolio management tools that use Binance API keys you should consider:

Disabling those accounts either on Binance or the tool itself.

Disabling "trade" access to the API on Binance, or resetting the key.

Disabling your API keys on any other exchange that is hooked into the same systems.

Ensuring your 2FA is enabled, and you are using a strong and unique password.

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Board Altcoin Discussion
Re: best way to atttract interest from crypto investors
by
MigoAmigo
on 15/07/2018, 21:57:51 UTC
it depends on how loyal you want your investors to be, the first thing to do is to make the project attractive, to have some people who really know what they are doing in important positions and to have constant people in their work who take care of the project, obviously you have to have the essential thing that are the whitepaper, the roadmap and the use of the project ready before launching something, try to comply with the deadlines in the established time since an extension looks bad at the eye of the investor, and choose well by what means you want to spread your ICO (airdrops, bounties, marketing).

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Board Altcoin Discussion
Re: What Do You Look for in a New Project?
by
MigoAmigo
on 15/07/2018, 06:06:03 UTC
You practically named what people usually check when they are investing in a new project, I would also add real-world use to it, if the ICO they are doing is a service that in the future we can use the tokens to pay for, that's very important, we can also see if they really need the ICO to boost their project or just use it as a dump.
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Board Altcoin Discussion
Re: Good ICO
by
MigoAmigo
on 15/07/2018, 05:50:30 UTC
Wait for them to hit EtherDelta. The good ones may rise above the ICO price, but still, allow you to get in at a good price before they hit major exchanges. The worse off ones will drop below the ICO price and you can scoop them up on the cheap below ICO price that way you can pick good ICOs from bad ones
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Board Altcoin Discussion
Re: Invest wisely
by
MigoAmigo
on 14/07/2018, 03:51:30 UTC
put 80% of your energy into your initial investment decision, this is very important. When I get interested in a company I’ll put a very small amount of money into it to start. It really alters my perception when I have money on the table and makes my research effort more diligent. Then I like to ease in slowly over months, taking alligator bites only when the price is favourable and I’ve done my homework. Often times a story that sounds good today doesn’t seem as attractive in a few weeks. Ease into the market, especially if it is something you haven’t much experience and you can apply this to all the ICOs you find.
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Board Altcoin Discussion
Re: Potential coins
by
MigoAmigo
on 14/07/2018, 03:25:29 UTC
Waves: Decentralized exchange and crowdfunding platform. Let’s companies and projects to issue and manage their own digital coin tokens to raise money.

Monero: Currently most popular privacy coin, though with a very high market cap. Since their privacy is all on chain, all prior transactions would be deanonymized if their protocol is ever cracked. This requires a quantum computing attack though. PIVX is better in that regard.

Zcash: A decentralized and open-source cryptocurrency that hide the sender, recipient, and value of transactions. Offers users the option to make transactions public later for auditing. Decent privacy coin, though no default privacy
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Board Altcoin Discussion
Re: Just sold everything and bought Cardano!
by
MigoAmigo
on 14/07/2018, 03:01:38 UTC
the biggest thing is to diversify your portfolio. Having more Cardano will benefit you once it rises, but as is true for other coins. Just do some research and invest in coins you believe in or see a use for in the future and don’t put all of your eggs in one or two baskets.

Cardano is heavily undervalued right now so in my opinion, you should buy more if you’re in this for the long term.
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Board Altcoin Discussion
Re: Why Most ICO don't show the investment wallet address?
by
MigoAmigo
on 13/07/2018, 03:17:25 UTC
Token startups need to start being accountable for the fundraising they have completed, and this starts with providing token investors more clarity into finances at any given time. None of us want to be holding on to the next Enron, Worldcom, or Madoff. How do we prevent that? Self-regulation and standardized due diligence is a start.

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Board Altcoin Discussion
Re: Is EOS dead?
by
MigoAmigo
on 13/07/2018, 02:30:06 UTC
LOL. ya its dead... totally dead.. I mean, I'm pissed I'm only up 1000% on EOS! This "crash" will look like a little blip in a few years. In 2014, "it was all dead", most sold at -$200 or lower to keep some of what they had invested. Largest financial mistake ever made by all of those sellers, that's the point of holding. Now, you do need to hold certain projects, not just any "coin" will do this time.
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Board Speculation (Altcoins)
Re: when is the right time to buy altcoin
by
MigoAmigo
on 13/07/2018, 01:24:35 UTC
Altcoins haven’t even had their heyday yet.

Imagine a large exchange where each coin can be directly traded for any fiat currency in the world.

Right now most coins are traded at an unfair disadvantage compared to bigger coins like BTC and ETH, because not only do you have to (usually) first buy those currencies, once you buy your alt coin, you are forced to place its value against BTC or ETH.

EVERY coin should be traded against your chosen fiat currency.

And we’re not even there yet. That’s when the real fun begins.
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Board Altcoin Discussion
Re: Any advice for a newbie?
by
MigoAmigo
on 12/07/2018, 04:15:08 UTC
so I see you're pretty advanced now, so you're not just a newbie x), you can start by diversifying your portfolio a little more, I won't tell you mine so they don't call me shill, but you should research well before investing, it's always advisable to invest in something that you think will work for something in the future, so you won't be hurt by the price volatility.
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Board Archival
Re: So many Bounties-Which one is trusted?
by
MigoAmigo
on 12/07/2018, 03:22:23 UTC
I wouldn't trust the scores too much, since they can be manipulated, what you have to see is if the bounty is promising: how much money is allocated for each campaign and if it has a bounty manager (they usually research a bounty before joining) if it's a project that you like personally you can also read the whitepaper, roadmap, team behind, etc. to know more about the ICO.
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Topic
Board Speculation (Altcoins)
Re: is buying new listed coin profitable?
by
MigoAmigo
on 08/07/2018, 21:41:02 UTC
Here's a good method

Sort coinmarketcap.com by "trending > recently added"

Look for coins with the highest trade volume. Those are the ones people likely more informed than you know about and are buying.

If a coin has high volume and looks interesting to you, click through to its website, read its whitepaper, then trawl the internet looking for information on it.

Buy the coin

Wait a few days

Seriously, just wait

Profit

in addition be sure to verify the trading volume makes sense with the market cap.

If market cap is 50 million but the 24hr trade volume is 70 million then it's more than likely a pump group, whale, etc. trying to manipulate the coin. This is why i hate that worldcoinindex.com sorts coins by 24hr trading volume. The volume really doesn't serve any real purpose other than knowing a coin isn't dead.
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Topic
Board Altcoin Discussion
Re: Which altcoins are going to change our lives?
by
MigoAmigo
on 07/07/2018, 05:59:11 UTC
Elixir, hands down. Will be any crypto->fiat and fiat-> any crypto in an easy to use mobile app plus P2P lending. This is gonna be a massive game changer, bridging multiple gaps between blockchain tech and real-world problems. And here is the kicker: it currently only trades with 6.6mcap... but watch out for it
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Topic
Board Altcoin Discussion
Re: how to earn token and coin free ?
by
MigoAmigo
on 07/07/2018, 05:38:48 UTC
Airdrops can be great and something we are likely to see more of as ICO's try and take advantage of the possible network effect airdroping can bring.

Something to be aware of though is that there will be increasing numbers of bullshit "ICO's" trying to capture ppl's data through airdrop signup. A lot of the time your data such as email, investment habits/volume, age, etc will be worth a lot more than a couple of their tokens. Even more concerning should be the potential for scamming by "ICO's" requesting private keys for your wallet, in exchange for their token. This is obviously an obvious no no for most but noobs can and will get caught out. To be clear: UNDER NO CIRCUMSTANCES DISCLOSE YOUR PRIVATE KEYS!