Keep your assets safe as the Bull run draws nearer - page 3.

aioc

hero member

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Quote from: ife2020 on February 08, 2020, 03:37:49 PM

Dear bounty hunters, and traders in the house. The year 2020 has been positive and we have been experiencing price surge lately.

We look forward to even more price surge or a bull run in the coming weeks, but do not lose guard while using exchange platform to trade.
Always withdraw your assets from exchanges after trade.

Because some exchanges have the potential to disappear after a little price moon.

NB: Just my opinion and thoughts tonight, and i am not pointing fingers towards any exchange.
Open to be educated further more.

Thanks

NO, you are right you really hit it, some new exchanges are just waiting to cash out in this coming bull market, so people should only trade in a well-established exchange when it comes to a big amount and do not just trust new exchange with a big amount check the reviews and test with a small amount, it's better to be careful than sorry, you never know.

alexsandria

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Quote from: GreenStox on February 18, 2020, 03:56:59 AM

true due to the many types of crypto that now require a lot of exchanges to adapt it, so all major exchanges don't support newly released coins, and they choose to mix their coins on new exchanges, where the costs are lower.
apart from that, you can immediately secure your assets on large exchanges such as binance, huobi, okex, or you can store them in your personal wallet.

There are so many exchanges that really support new coins and doesn't support new coins because some exchanges doesn't have any trust to those new coins because they are suddenly doesn't have any value so that they are not supporting it but the thing is when you are holding some coins that has a high value and high liquidity you can really use top exchanges just like binance, okex and etc. for more secured assets and thank you for reminding as those secured exchanges for us to be mare careful on picking up a personal wallet that we can use.

White Christmas

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Quote from: ife2020 on February 08, 2020, 03:37:49 PM

Dear bounty hunters, and traders in the house. The year 2020 has been positive and we have been experiencing price surge lately.

We look forward to even more price surge or a bull run in the coming weeks, but do not lose guard while using exchange platform to trade.
Always withdraw your assets from exchanges after trade.

Because some exchanges have the potential to disappear after a little price moon.

NB: Just my opinion and thoughts tonight, and i am not pointing fingers towards any exchange.
Open to be educated further more.

Thanks

Don't lose guard in any exchanges because there is really a chance that the exchanges in some trading platform disappeared in which it always happen so much in different exchangers in which it will suddenly go down the server and you will not be able to withdraw your money or earnings. It would be good if you will be able to just careful everytime because we don't know what would be happen on the few more days. It is more better if we will be careful and secured every time we are trading in some trading platforms.

bitgolden

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Quote from: ned.ryerson on February 18, 2020, 04:13:24 AM

Quote from: SlimShadyMmp on February 16, 2020, 06:42:39 PM

I highly doubt that the good reputable exchange will just disappear like that I mean there are exchanges that are just no going to do that and many people know them I will just say if you find the exchange suspicious then you are good to withdraw if not the keep your money

the fact is that we can never know what can happen to the exchange. people don’t hold their money on exchanges because they have seen many times how exchanges closed for very different reasons and people lost their money. read about closing BTCE exchange. a lot of people lost their money there and this exchange also did not plan to close

There also are some more exchanges which were shut down due to some technical issues. Also we can see that some of the major exchanges are also being hacked which is also a reason why most of the people are losing their money onto those exchanges. That is why using exchanges for trading purpose only is been suggested and each of us should always use a secure wallet in order to store funds for longer intervals.

We should not always trust the exchange with our coins because anything can happen to the exchange. Even a legal circulation from the centralized government can make the exchange seize down which too would make a number of people lose their funds.

Olayinka2225

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Yes it is.
Evidence is the btc price reaching $10k and eth reaching $224. Also is thr Waziri giving airdroppers quick money

ned.ryerson

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Quote from: SlimShadyMmp on February 16, 2020, 06:42:39 PM

I highly doubt that the good reputable exchange will just disappear like that I mean there are exchanges that are just no going to do that and many people know them I will just say if you find the exchange suspicious then you are good to withdraw if not the keep your money

the fact is that we can never know what can happen to the exchange. people don’t hold their money on exchanges because they have seen many times how exchanges closed for very different reasons and people lost their money. read about closing BTCE exchange. a lot of people lost their money there and this exchange also did not plan to close

LbtalkL

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Quote from: ife2020 on February 08, 2020, 03:37:49 PM

Because some exchanges have the potential to disappear after a little price moon.

In previous years some exchange already shut down because of bankruptcy or exit scam, After they raised a decent amount on IEO they run with investor's money. So we need to be concerned about what exchanges we are trading on they can run anytime with our money only trust reputable exchanges like Binance. I trust them personally because they have insurance in case of hacking. But to be safe withdraw your coins into your wallet if you are planning to HODL.

GreenStox

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true due to the many types of crypto that now require a lot of exchanges to adapt it, so all major exchanges don't support newly released coins, and they choose to mix their coins on new exchanges, where the costs are lower.
apart from that, you can immediately secure your assets on large exchanges such as binance, huobi, okex, or you can store them in your personal wallet.

Ashong Salonga

sr. member

Activity: 882

Merit: 260

Quote from: ife2020 on February 08, 2020, 03:37:49 PM

Dear bounty hunters, and traders in the house. The year 2020 has been positive and we have been experiencing price surge lately.

We look forward to even more price surge or a bull run in the coming weeks, but do not lose guard while using exchange platform to trade.
Always withdraw your assets from exchanges after trade.

Because some exchanges have the potential to disappear after a little price moon.

NB: Just my opinion and thoughts tonight, and i am not pointing fingers towards any exchange.
Open to be educated further more.

Thanks

I agree. Right of this moment in time that we have already saw the positive improvement on the prices of different cryptocurrencies existing in the virtual market that have started upon entrance of year 2020, it is really in need that we must always keep our assets in tacked and always assure that the wallets we use (either hardware wallet or online wallet) that our assets are completely secure so that when the moment of the bullrun comes again into the cryptocurrency market, we will be benefited for the reason that despite of all the circumstances that the crypto world have encountered, you have made it right to this moment of keeping it on your side. Whether bull run is near or far, we must always keep our assets safe all the time.

Zicadis

legendary

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Dump it!!!

Lol,

You realize you're asking bounty hunters to keep their assets safe, when the vast majority of their assets will never be tradeable.

The vast majority of bounty tokens are competely worthless these days, and many can't even be properly secured because they're not compatible with hardware wallets.

Here's some better advice: dump all your bounty tokens at the first instance you get, and invest in something more proven.

SlimShadyMmp

full member

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COMBO 2.0

I highly doubt that the good reputable exchange will just disappear like that I mean there are exchanges that are just no going to do that and many people know them I will just say if you find the exchange suspicious then you are good to withdraw if not the keep your money

Vlack

newbie

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I'm guilty of this, it's that convenience factor. At least I have my main coins spread across different exchanges. But with the lack of time it's hard to spend a whole day getting 12+ wallets to keep in your computer.

Youghoor

sr. member

Activity: 1036

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You are right mate and actually it does not have to be necessarily because of the bull run that you are going to take efforts in keeping your cryptocurrencies safe. This should be a habit and the best of wallets to use is the hardware wallets but if you don't have funds to purchase them then you can go for either Trust Wallet or IM Token wallet. These mobile wallets are equally good and safe to use.

o48o

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Quote from: Kvalentine on February 09, 2020, 02:55:52 AM

Thanks for the advice, its still not 100% certain that there will be a new ATH this year because I think this present market movement is based on Hype, I guess its bitcoin halving hype, nothing more so the question is, after bitcoin halving is over in may will the market still remain bullish? cos one thing is certain, the hype will be over by then

It doesn't need ath for smaller exchanges to exit scam, a little bullish pump is all they need if they are in financial trouble. And by smaller exchanges i really mean some top exchanges as well on the coinmarketcap, because of the faked volume they really are not that big.

juegav

newbie

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Quote from: wellay on February 16, 2020, 03:29:07 PM

Wow, didn't know that, but makes everything even bolder. Thanks again, will have a look and share my thoughts

Yep, have a look! And share your thoughts afterwards, curious to know your opinion!

wellay

newbie

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Quote from: juegav on February 16, 2020, 03:28:10 PM

What I would also mention - the industry is growing pretty fast and ThreeFold is coming with something unique for sure. I haven't found anything similar on the market with such wide range of features

Wow, didn't know that, but makes everything even bolder. Thanks again, will have a look and share my thoughts

juegav

newbie

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Quote from: wellay on February 16, 2020, 03:20:22 PM

More than impressing, thank you for your recommendation here. I will have a closer look at what solution stays for and get back with own thoughts afterwards. So far indeed sounds good

What I would also mention - the industry is growing pretty fast and ThreeFold is coming with something unique for sure. I haven't found anything similar on the market with such wide range of features

wellay

newbie

Activity: 28

Merit: 0

Quote from: juegav on February 16, 2020, 03:19:08 PM

Oh, good question. Nope, I cannot say that there are many - only 2 or 3 most interesting ones. But to be honest, the most advanced solution (and my latest discovery at the same time) is ThreeFold Network. What I am really impressed with here - entirely new and innovative approach. Basically, ThreeFold network is the biggest decentralized grid of self-managing Internet capacity in the world, being built collectively by an inclusive ecosystem and owned by everyone. The mission is to expand the current Internet to all areas of the world and to allow everyone to use this Internet at a fraction of its current price. But of course, much more rational is to have a look at their website to get a deeper understanding of the solution

More than impressing, thank you for your recommendation here. I will have a closer look at what solution stays for and get back with own thoughts afterwards. So far indeed sounds good

juegav

newbie

Activity: 28

Merit: 0

Quote from: wellay on February 16, 2020, 03:18:52 PM

Sounds rational. I am adding innovations, roadmap, team experience and milestones - formula for a great platform. By the way, are you having any that fully meet your requirements? Many such?

Oh, good question. Nope, I cannot say that there are many - only 2 or 3 most interesting ones. But to be honest, the most advanced solution (and my latest discovery at the same time) is ThreeFold Network. What I am really impressed with here - entirely new and innovative approach. Basically, ThreeFold network is the biggest decentralized grid of self-managing Internet capacity in the world, being built collectively by an inclusive ecosystem and owned by everyone. The mission is to expand the current Internet to all areas of the world and to allow everyone to use this Internet at a fraction of its current price. But of course, much more rational is to have a look at their website to get a deeper understanding of the solution

wellay

newbie

Activity: 28

Merit: 0

Quote from: juegav on February 16, 2020, 03:17:59 PM

Hello there. You know, I would definitely agree with you on your statement. What is important as well - the practical value. Kinda you must be having understanding of why you are using the platform, how it simplifies your life and else

Sounds rational. I am adding innovations, roadmap, team experience and milestones - formula for a great platform. By the way, are you having any that fully meet your requirements? Many such?

Topic: Keep your assets safe as the Bull run draws nearer - page 3. (Read 658 times)