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Re: How to avoid a scam project?

peschwecks

on 31/05/2023, 08:52:45 UTC

Quote from: nur rochid on Today at 03:33:56 AM

Quote from: Furious 7 on May 30, 2023, 09:44:37 PM

Quote from: cute nmp on May 30, 2023, 06:18:55 PM

So many scam projects out there one has to make very good research before investing in any project to avoid been a victim of scam.The market is full of scam one need to be very careful to avoid loosing their funds.

Even though paying attention to these conditions is a good thing because we are looking for and researching first whether this will end in a scam or not but on the other hand it is too time consuming in my opinion especially by doing something like this does not mean you will not be scammed in the end because of the possibility it is always there as long as you are struggling with new projects that are not clear.
The current condition is when we search every day, it's not even certain that we will find 1 good project in a day with the many fraud conditions currently.
The simplest way is to avoid it for whatever reason. Even though in the end we will be a little closed with a good new project but as long as we believe in what we are doing and want to be free from fraud I think it's not a problem.

people are looking for new good projects aimed at multiplying their money, thus making them rich. however it is difficult to research a new project that is not a scam and has a good future. moreover, we encounter many projects that have convincing roadmaps and in the end are scams, of course it will make us dizzy. I agree, the best way is to avoid it, while investing in trusted coins as if you don't need research anymore, we can buy at any time and wait for it

There is a joke here. Many investors know that it is a scam. Maybe this token will disappear within 24 hours after it goes online. But there will still be a lot of people buying wildly, and no one here cares about screening whether it is a fraudulent project. These people are completely helping the project party to increase the price of tokens for shipment, and of course they also have their own losses. But they don't seem to feel pain.

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Board Altcoin Discussion

Re: How Confident Are you With Altcoin In This Time

peschwecks

on 29/05/2023, 09:42:50 UTC

Quote from: FahriZah on April 30, 2023, 08:02:50 PM

I have enough confident about alts coin now because bitcoin at standing at good position and i hope very soon btc going $30k+ and possibility to comes bull run if now coming days bull market than very well to alts section at this time just wait and see what happening soon or later it’s possible to start bull market.

This is a very optimistic attitude. The author only knows when the bull market will come. When the overall global economic situation is not very good, everyone is actively looking for hedging tools for various assets. I also know that Bitcoin is a good choice, but under the temptation of huge profits, I have also participated in many MEME projects. Overall, the income is still good, and of course there are many projects whose tokens are zero.

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Board Trading Discussion

Re: The patience to hold is a gift

peschwecks

on 05/12/2022, 07:51:58 UTC

Quote from: Solosanz on December 04, 2022, 01:37:20 AM

Quote from: albon on December 03, 2022, 07:42:12 PM

If the beginner investor does not have the intention of holding his currencies in the long term and learning patience, then investing in crypto will be inappropriate.

You must not hold crypto or shitcoins for long time since everytime the price will always decrease especially in bear market, most of shitcoins can't survive and will become dead coin. If you hold Bitcoin for long time, of course it's the best decision since Bitcoin already proving to everyone if it's really good for long term investment.

Although this thread is posted on Trading discussion, trading Bitcoin isn't easy like we see on many videos. It's really need a lot experience and skills if you want to make profit.

Few people can have this patience. Even large investment institutions go bankrupt in a bear market. This has already happened. It can be said responsibly that 90% of the people in the crypto world are speculators, and they all aim to make money. There is no subsequent bull market without panic selling. Bitcoin does not rise in a straight line, the road is always tortuous.

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Board Bitcoin Discussion

Re: I want sell my house for bitcoin

peschwecks

on 17/11/2022, 06:06:59 UTC

Quote from: Pempek Kapal Selam on November 14, 2022, 03:17:25 AM

Do you think it's good that I sold the house then I buy bitcoin with all the money?
because in my own calculations, my house value didn't increase in date year by year. the value is still stagnan, it's different when compare it with bitcoin, I will got 3 house when I sold my house then buy bitcoin with that money in 2018 and sold it again on ATH november 2021.

(I have 2 house, which I want sell it is abandoned house)

I admire your courage, understand your thinking, and thank you for the confidence you have shown in Bitcoin. But hopefully this is the result of thoughtful thinking and not an impulsive act.

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Board Bitcoin Discussion

Re: Another opportunity is coming, a time to hold

peschwecks

on 17/11/2022, 05:54:01 UTC

Quote from: _act_ on October 15, 2022, 07:16:42 AM

I have been very busy which makes me not to post this very early as it was last week news. Just that it is still very much worth it to post this.

More than 30% of Canadians plan to purchase crypto by 2024, says OSC head

Some people said a period of time will shock people when the price of bitcoin will no more rise using the 4 years cycle. Some even said that bitcoin market is matured already that this bull run trends may not become possible by 2024. But the good news is, you should still believe in bitcoin, it will not disappoint you in the next cycle.

According to Ontario Securities Commission head, the chief executive officer, Grant Vingoe, he said that they know from their research that 30% of Canadians are willing to invest in crypto asset by 2024.

Quote

We know from our own research (being published later this month) that more than 30 per cent of Canadians plan to buy crypto assets in the next year [...] It is a challenge to bar non-compliant firms from offering services in Canada. With a limited budget and finite Enforcement staff to cover our entire capital markets, there is only so much we can do. But we are making progress.

I believe if this kind of research is conducted in many other countries, more people will want to invest in crypto by 2024. And what should we expect by that time and 2025? Bull run.

I can guarantee that the bitcoins in their hands have turned into cash. Few people can actually hold bitcoins and store them in hardware wallets. If they have to say that some people can keep them, then I am sure that they are just It's not bad to hold half the amount of Bitcoin. Everyone has to live. Of course, it is not ruled out that there are still some purchases in the bear market.

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Board Marketplace

Re: Why full time to crypto why not to Skills

peschwecks

on 14/11/2022, 02:51:54 UTC

Quote from: Rruchi man on September 05, 2022, 01:43:31 PM

Why not both I ask? Learning about crypto does not stop you from learning a skill, and learning a skill as well should not stop you from learning even more about crypto. You don't have to substitute one for the other. People who were dependent only on crypto are somewhat having a difficult time in this dump currently, for those who are still experiencing the dump, but have a skill that they are using to cushion the hard effect of the dump are doing way better and I am certain they do not regret it.

I find this question very boring, Bitcoin is only 10+ years old, I wonder what kind of work did you do 13 years ago? A person's life depends on work ability and skills. My teacher once told me that it would not hurt me to master one more skill. Now the crypto world needs more patience, if you speculate to make money, the answer is that you will go broke.

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Board Altcoin Discussion

Re: CZ dumping FTT

peschwecks

on 12/11/2022, 06:28:57 UTC

There are so many versions of this story that I can't tell who the director is. In just a few days, there have been many reversals. Market sentiment also reversed back and forth. My point of view is: 1. This is pure business competition. There are no good people, and everyone has the best interests. 2 Centralized exchanges do evil, are not transparent, and have no trust. It goes against the essence of Bitcoin. 3 No matter who wins, it is a necessary stage for the digital currency market. 4 Does government regulation matter? Or is it truly decentralized? This question is extremely important. 5Beliefs were broken, investment institutions were shuffled, the world's second-ranked exchange failed, and entered bankruptcy liquidation procedures. The reason was just a few tweets from KOLs?