I think you already said it all. I'm a member of the two forum and I know how it works perfectly.  You've already explained how it works in BUT.  It's like a pyramid, only those at the top enjoys. Even when you merit a point,  it will be hard to give you because of some reasons best know to them.

Yes it is easy to identify a scam project if an investor can take it time to analyze and do more findings about the project. But at times, it's not that easy. I will use MAC finance as a case study. I will not say much about the project but I'm sure we inventors know it's not what it used to be when it first started..  At times,  even the team might not have that intention but they may change their mind as time goes on

There is nothing surprising here, I have already seen many such cryptocurrencies that were traded at incredible prices, and then when it came time to pay bounty hunters, the prices immediately fell down very much, so I think the same thing will happen here, so we don’t have to count on something incredible.

The price didn't fell actually, I think the Hunter fell the price. Humters are considered dumpers. About 1000 people are trying to dispose a particular token all at the same time, do you expect it to rise or maintain its position 

There are more people out there wishing to invest in Bitcoin but live in fear, uncertainty and doubts about Bitcoin due to the frequent attacks coming from the banks and governments. Once Bitcoin is approved in a country, a lot of investors in that country calm down and are able to invest under no tension and pressure.

It's clear and simple. If a country or nation does not want something, it means it's restricted and it's operations is a no go area for such place.  The same thing applicable to BTC and other cryptocurrencies. BINANCE announced lately that it will be closing it's operation in some countries, this is because those countries does not obviously support cryptocurrency.  So it's very important government support it

I believe this could be helpful for some people here on this forum as I falled into shitcoin trap. I could not believe I can lose my whole fund in just a little time and I want to use this forum to advice the newbies to be careful of shitcoins. I hope you all know how dumped price can wreck the funds of people that invested in such coin.

The coin was METP, I invested at the price of $0.0004 some weeks ago, but the coin is now at $0.000002, I invested $100 and it has now vanished, I do not even have $1 remaining again and it was a lost that really depressed me.

Recently, I checked the price since when it was launched in 2019, it was $0.01245, it has been fallen since after even till now, if I has first analysed the coin, I will not not fall into the trap, but I have no idea about analyses at the time.

I will advice people to analyse market and the coin that want to be used to trade or invest before buying such coin because some coins are just existing to take away your money before it becomes fully dumped.

This is one of the many reasons I will never stop advising newbies to be calm and try to gain few experience at lest before they can start trading.  If you'd gather some experience before you start trading, you won't put all your fund in one trade, all coin can only be predicted as nothing is certain but you still need to do your investigation properly.  Anyway,  we learn,  we fall,  and we rise again.

The Ripple bull has now taken the massive leap displacing bitcoin cash and heading towards an almost $1 price on the market. This coin seems to have shown fantastic potentials since the beginning of the year. Do you think is the right time to invest in Ripple?

The best time to invest big in ripple is now. The coin is ranked third after BTC, ETH. This shows how magnificent it is. I think this year is gone already, we might not see any huge rise but 2021 will be the year of XRP

The two coin are incomparable. Giving the fact that they support different chain, they have different uses and also different supply. For these reasons, it is hard to say one is good than the other. And just because one is presently looking good than the other is not enough reason to draw inference. Lots of coins are better than XRP few years back. But look at it now

Quote from: yemight62 on December 01, 2020, 07:46:02 PM

This kind thing, i no dey too put mind. Na mouth talk e dey be. This one wey be say CBN no too approve crypto for naije. Wey e dey talk say na at users risk

Anybody way go even reason to invest for this thing na fuck up person, na scammers  be that na, just like that Nigeria go accept crypto?, something way during that Sars protect them Wan find way to ban an, even sef earlier this year CBN been Wan put restrictions on the use of crypto inside our country, I no sure say Nigeria government go accept crypto yet oh, no hope for now

Hope never dey my brother. E get one time like this (this year) wey one bank for naija dey talk say e no go allow online transaction wey involve converting fiat to crypto or crypto to fiat.